.) Intraperiod income tax presentation is primarily a matter of: A. Valuation. B. Going concern. C. Periodicity. D. Allocation. 2/50 2.) The difference between single-step and multiple-step income statements is primarily an issue of: A. Consistency. B. Presentation. C. Measurement. D. Valuation. 2/50 3.) Popson Inc. incurred a material loss which was not unusual in character, but was clearly an infrequent occurrence. This loss should be reported as: A. An extraordinary loss. B. A separate line item between income from continuing operations and income from discontinued operations. C. A separate line item within income from continuing operations. D. A separate line item in the retained earnings statement. 2/50 4.) Provincial Inc. reported the following before-tax income statement items: Operating Income $600,000Extraordinary Loss 100,000Extraordinary Gain 60,000Provincial has a 30% income tax rate.Provincial would report the following amount of income tax expense as a separate item in the income statement: A. $198,000. B. $180,000. C. $168,000. D. $150,000. 2/50 5.) . Freda’s Florist reported the following before-tax income statement items for the year ended December 31, 2009: Operating Income $250,000Extraordinary Gain 70,000All income statement items are subject to a 40% income tax rate. In its 2009 income statement, Freda’s separately stated income tax expense and total income tax expense would be: A. $128,000 and $128,000, respectively. B. $128,000 and $100,000, respectively. C. $100,000 and $128,000, respectively. D. $100,000 and $100,000, respectively 2/50 6.) Pro forma earnings: A. Are management’s view of permanent earnings. B. Are needed for the correction of errors. C. Are standardized under generally accepted accounting principles. D. Are useful to compare two different firms’ performance. 2/50 7.) The distinction between operating and non-operating income relates to: A. Continuity of income. B. Principal activities of the reporting entity. C. Consistency of income stream. D. Reliability of measurements. 2/50 8.) The principal benefit of separately reporting discontinued operations and extraordinary items is to enhance: A. Predictive ability. B. Consistency in reporting. C. Intraperiod continuity. D. Comprehensive reporting. 2/50 9.) The Claxton Company manufactures children’s toys and also has a division that makes automobile parts. Due to a change in its strategic focus, the company sold the automobile parts division. The division qualifies as a component of the entity according to SFAS No. 144. How should Claxton report the sale in its 2009 income statement? A. As an extraordinary item. B. As a discontinued operation, reported below income from continuing operations. C. Report the income or loss from operations of the division in discontinued operations below continuing operations and the gain or loss from disposal in continuing operations. D. None of these. 2/50 10.) On August 1, 2009, Rocket Retailers adopted a plan to discontinue its catalog sales division, which qualifies as a separate component of the business according to SFAS No. 144. The disposal of the division was expected to be concluded by June 30, 2010. On January 31, 2010, Rocket’s fiscal year-end, the following information relative to the discontinued division was accumulated: Operating Loss 2/1/09 – 1/31/10 $115,000Estimated Operatnig Loss, 2/1-1/30/10 80,000Impairment of Division Assets at 1/31/10 10,000 In its income statement for the year ended January 31, 2010, Rocket would report a before-tax loss on discontinued operations of: A. $115,000. B. $195,000. C. $ 65,000. D. $125,000. 2/50 11.) On November 1, 2009, Jamison Inc. adopted a plan to discontinue its barge division, which qualifies as a separate component of the business according to SFAS No. 144. The disposal of the division was expected to be concluded by April 30, 2010. On December 31, 2009, the company’s year-end, the following information relative to the discontinued division was accumulated:Operating loss 1/1 – 12/31/09 $65MEstimated Operating Loss – 1/1 – 4/30/10 $80MExcess of fair value, less costs to sell, over book value at 12/31098 $15MIn its income statement for the year ended December 31, 2009, Jamison would report a before-tax loss on discontinued operations of: A. $ 65 million. B. $ 50 million. C. $130 million. D. $145 million. 2/50 12.) An extraordinary event for financial reporting purposes is both: A. Unusual and material. B. Infrequent and significant. C. Material and infrequent. D. Unusual and infrequent. 2/50 13.) Major Co. reported 2009 income of $300,000 from continuing operations before income taxes and a before-tax extraordinary loss of $80,000. All income is subject to a 30% tax rate. In the 2009 income statement, Major Co. would show the following line-item amounts for income tax expense and net income: A. $66,000 and $210,000. B. $90,000 and $154,000. C. $90,000 and $276,000. D. $66,000 and $220,000. 2/50 14.) Howard Co.’s 2009 income from continuing operations before income taxes was $280,000. Howard Co. reported a before-tax extraordinary gain of $50,000. All tax items are subject to a 40% tax rate. In its income statement for 2009, Howard Co. would show the following line-item amounts for net income and income tax expense: A. $198,000 and $112,000. B. $230,000 and $92,000. C. $330,000 and $132,000. D. $198,000 and $79,000. 2/50 Misty Company reported the following before-tax items during the current year:Sales $600Operating Expenses 250Restructuring Charges 20Extraordinary Loss 50Misty’s effective tax rate is 40%. 15.) What would be Misty’s income before extraordinary item(s)? A. $198. B. $210. C. $330. D. $360. 2/50 16.) 80. A voluntary change in accounting principle is accounted for by: A. A cumulative effect on income in the year of the change. B. A retrospective reporting of all comparative financial statements shown. C. A prior period adjustment. D. A separate line component of income. 2/50 17.) A change in depreciation method is accounted for: A. Retrospectively. B. As a cumulative adjustment to income in the year of change. C. Prospectively, like changes in accounting estimates. D. None of these. 2/50 18.) On June 1, 2009, Romano Inc. changed the estimated useful life of its office equipment from 20 to 12 years. This change would be accounted for: A. Prospectively. B. Retrospectively. C. As an accounting error. D. None of these. 2/50 19.) The financial statement presentation of a change in depreciation method is most similar to that of reporting: A. Changes in accounting estimates. B. Prior period adjustments. C. Correction of errors. D. Extraordinary items. 2/50 20.) Jack’s Fireworks, which was established in 2007, changed its method of accounting for inventories from the average cost method to the first-in, first-out (FIFO) method in 2009. Cost of goods sold for the periods 2007-2009 under FIFO and the average cost method were: Year FIFO AVERAGE Cost Difference2007 $120,000 $110,000 $10,000 2008 140,000 128,000 12,0002009 150,000 144,000 6,000Jack’s Fireworks is subject to a 30% income tax rate. In its income statement for the year ended December 31, 2009, Jack’s would report the cumulative effect of a change in accounting principle, net of income taxes, of: A. $(15,400). B. $ 0. C. $ 19,600. D. $ ( 4,200). 2/50 21.) Changes in accounting estimates are reported: A. Currently and prospectively. B. Retroactively and currently. C. Retroactively, currently, and prospectively. D. By restating prior years. 2/50 22.) In its December 31, 2009 financial statements, E-Z Prices estimated that losses on its current receivables would be $10.2 million. During 2010, E-Z Prices determined that the losses on the Dec. 31, 2009, receivables were actually $12.4 million. Ignoring taxes, E-Z Prices would report, in its 2010 financial statements, the additional $2.2 million loss on receivables as: A. An extraordinary item. B. A prior period adjustment. C. A retroactive adjustment. D. A current year’s expense. 2/50 23.) The financial statement presentation of a change in reporting entity is most similar to the reporting of a: A. A change in accounting principle. B. Change in accounting estimate. C. Discontinued business operation. D. Correction of a material error discovered after the year the error was made. 2/50 24.) The Maytag Corporation’s income statement includes income from continuing operations, a loss from discontinued operations, and extraordinary items. Earnings per share information would be provided for: A. Net income only. B. Income from continuing operations and net income only. C. Income from continuing operations, loss from discontinued operations and net income only. D. Income from continuing operations, loss from discontinued operations, extraordinary items and net income. 2/50 25.) Each of the following would be reported as items of other comprehensive income except: A. Foreign currency translation gains. B. Unrealized gains on investments accounted for as securities available for sale. C. Deferred gains from derivatives. D. Gains from the sale of equipment. 2/50
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Internet S Effect On Public Opinion Complete A 2 Page Paper In Apa Format Plus
/in Uncategorized /by developer“Internet’s Effect on Public Opinion”Complete a 2 page paper in APA format (plus cover sheet and reference page) that briefly summarizes how the Internet may affect public opinion in a positive or negative way with regards to brand reputation. Select a well-known brand (i.e. Nike or Microsoft) and discuss the current state of public opinion using the Internet as your research tool.
Running head: Internet’s Effect on Public Opinion Internet’s Effect on Public OpinionStudent NameCourse/NumberDateInstructor Name 1 Internet’s Effect on Public Opinion 2 Internet’s Effect on…
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Intraperiod Income Tax Presentation Is Primarily A Matter Of Valuation Going Co
/in Uncategorized /by developer.) Intraperiod income tax presentation is primarily a matter of: A. Valuation. B. Going concern. C. Periodicity. D. Allocation. 2/50 2.) The difference between single-step and multiple-step income statements is primarily an issue of: A. Consistency. B. Presentation. C. Measurement. D. Valuation. 2/50 3.) Popson Inc. incurred a material loss which was not unusual in character, but was clearly an infrequent occurrence. This loss should be reported as: A. An extraordinary loss. B. A separate line item between income from continuing operations and income from discontinued operations. C. A separate line item within income from continuing operations. D. A separate line item in the retained earnings statement. 2/50 4.) Provincial Inc. reported the following before-tax income statement items: Operating Income $600,000Extraordinary Loss 100,000Extraordinary Gain 60,000Provincial has a 30% income tax rate.Provincial would report the following amount of income tax expense as a separate item in the income statement: A. $198,000. B. $180,000. C. $168,000. D. $150,000. 2/50 5.) . Freda’s Florist reported the following before-tax income statement items for the year ended December 31, 2009: Operating Income $250,000Extraordinary Gain 70,000All income statement items are subject to a 40% income tax rate. In its 2009 income statement, Freda’s separately stated income tax expense and total income tax expense would be: A. $128,000 and $128,000, respectively. B. $128,000 and $100,000, respectively. C. $100,000 and $128,000, respectively. D. $100,000 and $100,000, respectively 2/50 6.) Pro forma earnings: A. Are management’s view of permanent earnings. B. Are needed for the correction of errors. C. Are standardized under generally accepted accounting principles. D. Are useful to compare two different firms’ performance. 2/50 7.) The distinction between operating and non-operating income relates to: A. Continuity of income. B. Principal activities of the reporting entity. C. Consistency of income stream. D. Reliability of measurements. 2/50 8.) The principal benefit of separately reporting discontinued operations and extraordinary items is to enhance: A. Predictive ability. B. Consistency in reporting. C. Intraperiod continuity. D. Comprehensive reporting. 2/50 9.) The Claxton Company manufactures children’s toys and also has a division that makes automobile parts. Due to a change in its strategic focus, the company sold the automobile parts division. The division qualifies as a component of the entity according to SFAS No. 144. How should Claxton report the sale in its 2009 income statement? A. As an extraordinary item. B. As a discontinued operation, reported below income from continuing operations. C. Report the income or loss from operations of the division in discontinued operations below continuing operations and the gain or loss from disposal in continuing operations. D. None of these. 2/50 10.) On August 1, 2009, Rocket Retailers adopted a plan to discontinue its catalog sales division, which qualifies as a separate component of the business according to SFAS No. 144. The disposal of the division was expected to be concluded by June 30, 2010. On January 31, 2010, Rocket’s fiscal year-end, the following information relative to the discontinued division was accumulated: Operating Loss 2/1/09 – 1/31/10 $115,000Estimated Operatnig Loss, 2/1-1/30/10 80,000Impairment of Division Assets at 1/31/10 10,000 In its income statement for the year ended January 31, 2010, Rocket would report a before-tax loss on discontinued operations of: A. $115,000. B. $195,000. C. $ 65,000. D. $125,000. 2/50 11.) On November 1, 2009, Jamison Inc. adopted a plan to discontinue its barge division, which qualifies as a separate component of the business according to SFAS No. 144. The disposal of the division was expected to be concluded by April 30, 2010. On December 31, 2009, the company’s year-end, the following information relative to the discontinued division was accumulated:Operating loss 1/1 – 12/31/09 $65MEstimated Operating Loss – 1/1 – 4/30/10 $80MExcess of fair value, less costs to sell, over book value at 12/31098 $15MIn its income statement for the year ended December 31, 2009, Jamison would report a before-tax loss on discontinued operations of: A. $ 65 million. B. $ 50 million. C. $130 million. D. $145 million. 2/50 12.) An extraordinary event for financial reporting purposes is both: A. Unusual and material. B. Infrequent and significant. C. Material and infrequent. D. Unusual and infrequent. 2/50 13.) Major Co. reported 2009 income of $300,000 from continuing operations before income taxes and a before-tax extraordinary loss of $80,000. All income is subject to a 30% tax rate. In the 2009 income statement, Major Co. would show the following line-item amounts for income tax expense and net income: A. $66,000 and $210,000. B. $90,000 and $154,000. C. $90,000 and $276,000. D. $66,000 and $220,000. 2/50 14.) Howard Co.’s 2009 income from continuing operations before income taxes was $280,000. Howard Co. reported a before-tax extraordinary gain of $50,000. All tax items are subject to a 40% tax rate. In its income statement for 2009, Howard Co. would show the following line-item amounts for net income and income tax expense: A. $198,000 and $112,000. B. $230,000 and $92,000. C. $330,000 and $132,000. D. $198,000 and $79,000. 2/50 Misty Company reported the following before-tax items during the current year:Sales $600Operating Expenses 250Restructuring Charges 20Extraordinary Loss 50Misty’s effective tax rate is 40%. 15.) What would be Misty’s income before extraordinary item(s)? A. $198. B. $210. C. $330. D. $360. 2/50 16.) 80. A voluntary change in accounting principle is accounted for by: A. A cumulative effect on income in the year of the change. B. A retrospective reporting of all comparative financial statements shown. C. A prior period adjustment. D. A separate line component of income. 2/50 17.) A change in depreciation method is accounted for: A. Retrospectively. B. As a cumulative adjustment to income in the year of change. C. Prospectively, like changes in accounting estimates. D. None of these. 2/50 18.) On June 1, 2009, Romano Inc. changed the estimated useful life of its office equipment from 20 to 12 years. This change would be accounted for: A. Prospectively. B. Retrospectively. C. As an accounting error. D. None of these. 2/50 19.) The financial statement presentation of a change in depreciation method is most similar to that of reporting: A. Changes in accounting estimates. B. Prior period adjustments. C. Correction of errors. D. Extraordinary items. 2/50 20.) Jack’s Fireworks, which was established in 2007, changed its method of accounting for inventories from the average cost method to the first-in, first-out (FIFO) method in 2009. Cost of goods sold for the periods 2007-2009 under FIFO and the average cost method were: Year FIFO AVERAGE Cost Difference2007 $120,000 $110,000 $10,000 2008 140,000 128,000 12,0002009 150,000 144,000 6,000Jack’s Fireworks is subject to a 30% income tax rate. In its income statement for the year ended December 31, 2009, Jack’s would report the cumulative effect of a change in accounting principle, net of income taxes, of: A. $(15,400). B. $ 0. C. $ 19,600. D. $ ( 4,200). 2/50 21.) Changes in accounting estimates are reported: A. Currently and prospectively. B. Retroactively and currently. C. Retroactively, currently, and prospectively. D. By restating prior years. 2/50 22.) In its December 31, 2009 financial statements, E-Z Prices estimated that losses on its current receivables would be $10.2 million. During 2010, E-Z Prices determined that the losses on the Dec. 31, 2009, receivables were actually $12.4 million. Ignoring taxes, E-Z Prices would report, in its 2010 financial statements, the additional $2.2 million loss on receivables as: A. An extraordinary item. B. A prior period adjustment. C. A retroactive adjustment. D. A current year’s expense. 2/50 23.) The financial statement presentation of a change in reporting entity is most similar to the reporting of a: A. A change in accounting principle. B. Change in accounting estimate. C. Discontinued business operation. D. Correction of a material error discovered after the year the error was made. 2/50 24.) The Maytag Corporation’s income statement includes income from continuing operations, a loss from discontinued operations, and extraordinary items. Earnings per share information would be provided for: A. Net income only. B. Income from continuing operations and net income only. C. Income from continuing operations, loss from discontinued operations and net income only. D. Income from continuing operations, loss from discontinued operations, extraordinary items and net income. 2/50 25.) Each of the following would be reported as items of other comprehensive income except: A. Foreign currency translation gains. B. Unrealized gains on investments accounted for as securities available for sale. C. Deferred gains from derivatives. D. Gains from the sale of equipment. 2/50
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Introduce A Person You Know Who Has Overcome Great Life Challenges Such As Illn
/in Uncategorized /by developerIntroduce a person you know who has overcome great life challenges, such as illness, poverty, a natural disaster, or a physical impairment (blindness, deafness, loss of limb/s). The individual can be someone you know, or someone you know of in your community or the nation. The speech must 10 minutes in length.
( please write if possible about a friend of my who lost his right leg as a result of diabetes)
Thesis: this is where you put your thesis statement. Remember a thesis statement is only one complete sentence that tells the listener or reader what your speech/paper is about.
I. Introduction
A.
B.
II. Begin to develop your speech about the person
A.
1. (this is if you have subpoints)
2.
B.
III. How did the person overcome the challenges
A. Steps
B. Attitude about life
IV. What do you admire about the person’s attitude
A.
V. Conclusion
A. Summary
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Intro To Public Speaking Pre Speech Assistance Chartbuilding Upon This Week S L
/in Uncategorized /by developerIntro to public speaking
Pre-Speech Assistance Chart
Building upon this week’s lectures and reading, you will complete a chart that will assist you in your upcoming speeches. The purpose of this chart is to:
1. Identity your chosen speech topic, defining both your credibility and your specific goal
2. Identify reputable and scholarly library sources to use as support for your arguments
3. Construct oral citations for those sources to ensure your speech reflects principles of effective and ethical delivery. Use this guide to help with your citations.
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Introductionas Companies Grow And Decide To Compete Internationally They Must F
/in Uncategorized /by developerINTRODUCTION
As companies grow and decide to compete internationally, they must formulate global information technology plans to manage their worldwide expansion. Many companies decide to outsource some of these IT projects overseas to gain competitive advantages. Lee and Mary’s Gourmet Ice Cream is a business in the middle of planning for a major global expansion. (See the attachment “Five-Year IT Global Strategic Plan.”) To facilitate this expansion, the company’s IT systems will need to undergo a major upgrade.
You have been hired as the IT consultant by the CEO of Lee and Mary’s Gourmet Ice Cream to recommend changes to the five-year IT globalization plan for the company. The CEO provided you with a version of the plan that focuses on the company expanding its business and technology into the international markets of Great Britain and Western Europe. Unfortunately, the organization’s chief information officer (CIO) just left the company for personal reasons, which leaves the company with some decisions still to make in regard to its technology infrastructures, processes, and systems to support the expansion. You were told that there is $20,000,000 available to improve technology systems and processes to meet expanded business goals. You are being asked to adopt the role of the recently departed CIO and to recommend updates to the existing plan. Your task is to evaluate the current five-year plan, research technological solutions, work with existing stakeholders, and then recommend changes to the “Activities” section of five of the plan targets.
REQUIREMENTS
Your submission must be your original work. No more than a combined total of 30% of the submission and no more than a 10% match to any one individual source can be directly quoted or closely paraphrased from sources, even if cited correctly. An originality report is provided when you submit your task that can be used as a guide.
You must use the rubric to direct the creation of your submission because it provides detailed criteria that will be used to evaluate your work. Each requirement below may be evaluated by more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions of the course.
A. Summarize the current state of each of the following established technologies related to the targets in the company’s IT globalization plan. Explain how the current weaknesses identified in the plan may affect the company’s global performance.
• data storage (see target 1)
• unified communications system (mail, conferencing, and messaging) (see target 2)
• enterprise resource programming (ERP) system (see target 5)
• integrated point-of-sale (POS) system (see target 6)
• customer resource management (CRM) system (see target 11)
B. Recommend changes to the “Activities” section of the “Data Storage” target in the IT globalization plan, justifying how the recommended changes will better meet stated company objectives and goals, as well as how these changes will improve company performance.
C. Recommend changes to the “Activities” section of the “Unified Communications System” target in the IT globalization plan, justifying how the recommended changes will better meet stated company objectives and goals, as well as how these changes will improve company performance.
D. Recommend changes to the “Activities” section of the “ERP” target in the IT globalization plan, justifying how the recommended changes will better meet stated company objectives and goals, as well as how these changes will improve company performance.
E. Recommend changes to the “Activities” section of the “POS” target in the IT globalization plan, justifying how the recommended changes will better meet stated company objectives and goals, as well as how these changes will improve company performance.
F. Recommend changes to the “Activities” section of the “CRM” target in the IT globalization plan, justifying how the recommended changes will better meet stated company objectives and goals, as well as how these changes will improve company performance.
G. Justify how the recommended changes (in parts B – F) to the IT globalization plan align with the company’s goals of addressing global technology trends, standards, best practices, and initiatives.
H. Explain how the updated IT globalization plan addresses international market opportunities and the challenges of a global economy.
I. Explain what challenges and opportunities may result from the company implementing and maintaining its IT globalization plan.
J. Acknowledge sources, using APA-formatted in-text citations and references, for content that is quoted, paraphrased, or summarized.
K. Demonstrate professional communication in the content and presentation of your submission.
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Introductionthroughout Your Career In It Management You Will Be Asked To Develo
/in Uncategorized /by developerINTRODUCTION
Throughout your career in IT management, you will be asked to develop and improve a company’sIT department, including staffing and innovative solutions. Once a company has finalized its strategic goals and budget, an organizational and resource plan needs to be developed. Then, in assistance with Human Resources (HR), innovative staffing solutions and job descriptions need to be developed.
For this task, you will create an IT organizational and resource plan that includes an annotated hierarchical organizational chart for the company described in the attached “TreasureChest Case Study.” (Read the attached case study before beginning this task.) Once the chart is complete, you will write a job description for one of the positions and then propose innovative replacements for two other positions. Finally, you will write a recommendation to the steering committee summarizing your plan and its alignment to business processes.
The skills you showcase in your IT organizational and resource plan and recommendations will be useful in collaborating with the various stakeholders you will work with during your career. This “IT Organizational and Resource Plan” may also be added to your portfolio to show to future employers.
SCENARIO
You were recently hired as the new chief information officer (CIO) at the SaaS treasury management company, TreasureChest. Your main responsibility is to implement innovative changes and become the direct report for the entire IT department. (The CEO has been doing this prior to your hire). You have been assigned to review the department staffing to ensure you have the right people and resources in the right positions. The CEO is looking for innovative ways to solve the staffing problem and wants you to collaborate with HR to fill these positions. You have been given the case study and strategic goals for TreasureChest and need to ensure your IT organizational and resource plan is in alignment with the company’s business demands.
REQUIREMENTS
Your submission must be your original work. No more than a combined total of 30% of the submission and no more than a 10% match to any one individual source can be directly quoted or closely paraphrased from sources, even if cited correctly. An originality report is provided when you submit your task that can be used as a guide.
You must use the rubric to direct the creation of your submission because it provides detailed criteria that will be used to evaluate your work. Each requirement below may be evaluated by more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions of the course.
Part I: IT Organizational and Resource Plan
A. Create an annotated hierarchical organizational chart illustrating at least 10 individuals in six various roles in the IT departmental structure and processes to meet the needs outlined in the attached “TreasureChest Case Study,” including the type of resources (e.g., full-time employees (FTEs), outsourcing, contracting, inshore, offshore, etc.).
B. Write a job description for one of the roles from your hierarchical organizational chart. The job description should include the following information:
• heading information (e.g., job title, pay grade, relationships)
• summary of the role components and its overall benefit to the organization
• objective summary of the job
• job duties and responsibilities
• qualifications
C. Propose a resource option and an implemented technology (available internally or externally) to replace two FTEs or role assignments. Provide examples of how the replacements are innovative and will move the company forward.
Part II: Recommendation
D. Summarize how your IT organization and resource plan meets the business goals of TreasureChest and provide examples from the plan that support your claims.
E. Identify IT governance practices that contribute to the viability of your IT organization and resource plan and provide examples from your plan that show application of the governance practice.
F. Recommend innovative organizational resource technologies that will improve service at TreasureChest and provide research-based examples of successful application of these technologies.
G. Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.
H. Demonstrate professional communication in the content and presentation of your submission.
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Inventory Valuation Gaap Vs Ifrs There Is A Difference Between Gaap And Ifrs Re
/in Uncategorized /by developer“Inventory Valuation – GAAP vs. IFRS”
There is a difference between GAAP and IFRS relative to the LIFO cost assumption for valuing inventories. GAAP permits the use of LIFO and IFRS does not. Assume you are participating on an international panel to discuss the convergence of GAAP and IFRS inventory valuation. Select either the role of a US accountant who favors LIFO or an international accountant who believes LIFO should be removed as a costing method. State your position and provide a rationale to defend it.
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Intrusions In Asia Opera And Society And A Dilemma Please Respond To One 1 Of T
/in Uncategorized /by developer“Intrusions in Asia; Opera and Society and a Dilemma” Please respond to one (1) of the following, using sources under the Explore heading as the basis of your response:
Explore:
American Dilemma–Slavery – The Art & Literature of Protest
Intrusions in Asia
Opera and Society
Running head: PROTEST AND ART Protest and ArtName OF Student:Name of Course & Code:University Affiliation:Date of Submission: PROTEST AND ART Describe two (2) examples of how either black…
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Iron Chemicals A Chemical Producing Company Constructs A Plant For 250 Million
/in Uncategorized /by developer)iron chemicals , a chemical producing company,constructs a plant for 250 million.the legislation in the country where the company operates requires the company to clean up pollution once the production process is finished .the plant is estimated to have a useful life of 20 years . the cost of cleaning up the pollution is estimated to be 50 million .the discount rate is estimated to be 10%.the present value of the liability to clean up is 7,432,181 to be recognized in terms of IAS 37 provisions ,contingent liabilities and contingent assets .at what amount should iron chemicals initially recognize the plany?
a- 250,000,000
b- 300,000,000
c-257,432,181
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Invoices Data Are Collected From A Sample Of 30 Days And The Number Of Invoices
/in Uncategorized /by developer“”invoices. Data are collected from a sample of 30 days, and the number of invoices processed and completion time, in hours,is stored in the file INVOICE.xls(see attachment).(Hint: first determine which are the independent and dependent variables.)a) Assuming a linear relationship, use the least-squares method to compute the regression coefficients B0 and b1.b) Interpret the meaning of the Y intercept, B0, and the slope, B1, in this problem.c) Use the prediction line developed in (a) to predict the amount of time it would take to process 150 invoices.d) Determine the coefficient of determination, r square(r*r), and interpret its meaning.e) Plot the residuals against the number of invoices processed and also against time.f) Based on the plots in (e), does the model seem appropriate?g) Compute the Durbin-Watson statistics and, at the 0.05 level of significance, determine whether there is any autocorrelation in the residuals.h) Based on the result of (e) through (g), what conclusions can you reach concerning the validity of the model? Use Excel or PhStat 2 (Excel Extension program)invoices Processed time149 2.160 1.8188 2.319 0.3201 2.758 1.077 1.7222 3.1181 2.830 1.0110 1.583 1.260 0.825 0.4173 2.0169 2.5190 2.9233 3.4289 4.145 1.2193 2.570 1.8241 3.8 103 1.5163 2.8120 2.5201 3.3135 2.080 1.729 0.5″ – Sent to Statistics And Probability Expert Tutor on 5/11/2010 at 8:34am You asked:”this is the same proble from yesterday,, thanks” – Sent to Statistics And Probability Expert Tutor on 5/11/2010 at 8:35am You asked:”have you seen this question,, I thought about using,, Least squares fit and a scatter plost of data,,could you help me with the questions? and working this problem” – Sent to Statistics And Probability Expert Tutor on 5/11/2010 at 8:39am You asked:”1. Under what conditions should you use the /2 (chi-square) test to determine whether there is a difference between proportions of two independent populations?2. Under what conditions should you use the /2 (chi-square) test to determine whether there is a difference between proportions of more than two independent populations?3. Under What conditions should you use the /2 test of independence?4. Under What conditions should you use the McNemar test?5. What is a nonparametric procedure? Describe specifically when you would utilize a nonparametric test.6. Under What conditions should you use the Wilcoxon sum rank test?7 Under What conditions should you use the Kruskal-Wallis rank test?
Data are collected from a sample of 30 days, and the number of invoices processed and completion time, in hours,is stored in the file INVOICE.xls(see attachment).(Hint: first determine which are…
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