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Choose one provision of the AICPA Code of Conduct and explain it using your own words!! Why is it important that accountants follow this provision?
What are some pricing advantages in contracting with the government for business? Determine which major concern you believe is the most important to address.
Compare and contrast gross profit and ending inventory. Explain the role gross profit and inventory turnover play in a company's profitability.
Discuss similarities and differences between U.S. GAAP and IFRS regarding Accounting and reporting for equity.
What is the definition of each costing method? Discuss how, when, and if the costing method could be used by EEC.
Which costs would be utilized in making the decision to purchase the asset? Are future costs relevant in the decision-making process?
What are the advantageous and disadvantages to each investing method (NPV, IRR, or payback period)? Which of the methods should EEC use, and why?
How is the internal rate of return calculated? Explain how it supports a capital business decision versus the NPV model.
Assume you have been working for a small accounting firm. Is the intern correct? Based on this lesson, reflect on how you would respond to the intern.
Prepare journal entries to record the November transactions. Post the journal entries to general ledger accounts.
Why would you prefer to keep your accounting records on a cash basis or an accrual basis?
Why is management important? What do you hope to understand about internal controls? How can this help your investigation?
Describe and explain capital budgeting items that may or may not be taxed as part of a capital budget project.
Discuss pros and cons regarding the use of RFID (Radio Frequency Identification) for inventory management. Does its use involve any privacy concerns?
Identify the salient information contained in the financial statements (income statement, balance sheet, statement of cash flow).
How important has cash generation been for current company or a prior employer? How is cash generation different from concept of profit and loss in accounting?
Compare and contrast financial accounting and managerial accounting. Which may be more useful in your current or future job?
Analyze how dance is used as a dramatic element to reinforce the mood of the music and the story.
Explain the selling prices you established for each of your products. Be sure to reference your cost-volume-profit analysis in your defense.
Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on internal controls.
What does accountability mean? What aspects of corporate performance do you believe that a business organisation should be accountable for?
Describe how a country can measure its income inequality. Analyze what else causes U.S. income inequality to widen.
Discuss the company maintains no work in process inventories. A sales budget for Supermix for the last six months of the year follows.
Compute the return on investment (ROI) for each division using formula stated in terms of margin and turnover. Compute the residual income for each division.
Which offer are you recommending - Lori or Barbara? Why? Provide at least one reason why you are recommending this offer.