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For what types of activities are internal service funds used to account? Provide several examples. Is a government required to account for the activities you cite in an internal service fund, or may it account for them instead in its general fund?
What is the rationale for accounting for non expendable endowment funds on a full, rather than a modified, accrual basis? Why is it important that depreciation be charged on long-term assets held as fiduciary fund investments?
1. Assume that Esquire consulting erroneously recorded the payment of $30,000 of dividends as salary expense. How would this error affect the equality of the accounting equation?
John Lintner's study of how firms decide how much to pay in dividends was done more than 50 years ago but the findings have had had remarkable durability. His basic conclusions- that firms set target payout ratios, that dividends lag earni..
in the direct labor variance matrix there are three factors 1 actual hours actual rate 2 actual hours standard rate and
marshal corporation sells a single product at a price of 62 per unit. fixed costs total 640000 and variable costs per
The term generally accepted contained in the saying "generally accepted accounting principles" means what about the principles?
Which of the following is the most important audit consideration when examining the stockholders' equity section of a client's balance sheet?
the groovy movie chains has invested in a snack bar for its store where individual pizzas would be prepared and sold.
savallas company is highly automated and uses computers to control manufacturing operations. the company uses a
franklin paper company manufactures newsprint. the product is manufactured in two departments papermaking and
when considering the symmetric approximation and monte carlo risk approaches... both make the assumption
finished goods inventoy at the end of nov was 1500 units. ending finished goods inventory is equal to 25 percent of the
1.Bed Bath & Beyond Inc. is a leading retailer of domestic merchandise and home furnishings.
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