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explain the following types of costsa fixed and variable costsb explicit and implicit costsc direct and indirect costsd past and
a manufacturing company wants to package its product in a rectangular box with a square base and a volume of 32 cubic inches the cost of the material
now assume that you have been asked how to account for the destroyed drilling operation in the gulf mexico in terms of the destroyed right and lost
1 why does rent control result in a shortage of rental units2 how does price elasticity of demand affect how much of a tax is passed on to the
image is everything inc iie is located in an emerging market it specializes in lithographic duplication catering to demands from the nouveau riche
q types of business activitiesan accounting education is perfect for providing this versatile background additionally to providing a good foundation
q financial consequences of business decisionswhen nowadays college students are polled about their long-term career choice an astonishingly large
q learning objectives of accountingdescribe and identify the three basic forms of business organizationsdifferentiate between the three types of
q accounting education change commissionaccountants in practice as well as business executives have generally been dissatisfied with accounting
the financial executives institute is an organization established in 1931 whose members are mainly financial policy-making executives several of its
consisting mainly of accounting educators the american accounting association aaa has sought to encourage research and study at a theoretical level
formed under the securities and exchange act of 1934 the sec securities and exchange commission is a government agency that administers important
in 1984 the governmental accounting standards board gasb was recognized with a fulltime chairperson and four part-time members the gasb issues
in 1973 and independent seven-member full-time financial accounting standards board fasb replaced the accounting principles board the fasb has
development of financial accounting standardsseveral organizations are considerable in the establishment of generally accepted accounting principles
the american accounting association is one of the accounting organizations discussed later in this introduction it defines accounting as the process
q explain accounting structurethe accounting structure of a profit seeking business is an information system designed to provide relevant financial
q define economic and financial decisionsyou most likely will find that of all the business knowledge you have acquired or will learn the study of
q what do you mean by accounting environmentrecord keeping in an accounting sense is deliberation to have begun about 4000 bce the control
lindon company is the exclusive distributor for an automotive product that sells for 43 per unit and has a cm ratio of 35 the company3939s fixed
a material sampling -analyzing direct material costs you are reviewing a cost proposal which includes an 800200 direct material estimate after
for the year ended31st dec 2008manufacturing accountshowing costof row materialmanufacturing expenses and the cost of goods manufacturedamp
when one firm purchase other and take over its all assetsbalance sheet of absorbed firm shows goodwillshould we goodwill as
tlie subphylum is called uniramia because of the presence of unbranched appendages these animals have non-jointed mandibles uubranched appendages
the question required consideration of both the monetary performance and the financial position from the perception of a potential lender as with