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Prepare the journal entries that Branch-Rickie recorded during the three-year period for these transactions.
For accounting change DRS undertook, indicate type of change and how DRS should report change. Why should companies disclose changes in accounting principles?
How would the actions contemplated contribute toward softening the bad news? What would be the likely impact of following up on Joy's thoughts?
What is so ominous about the combination of events Ben sees? What course of action, if any, should Ben take?
How does EVA differ from residual income? When would you advise a firm to use direct intervention to set transfer price?
Outline revenue recognition criteria under modified accrual accounting. Outline expenditure recognition criteria under modified accrual accounting.
Discuss the arguments in favor of recording salary and bonus allowances to partners as expenses included in computing net income.
Which of the two methods is likely to show the larger reported contribution to Slanted's earning is in 20x4? Explain.
Explain how Sloan's negative retained earnings balance is reflected in the consolidated balance sheet immediately following the acquisitions.
Identify which set of financial statements you think is the easiest to understand and provides you with most accurate cost data as a manager.
Why are firms reluctant to implement REA modeling concepts? What are the costs and benefits involved?
Describe the tools and skills you will need to achieve this goal. Describe who needs to be involved to allow you to be successful in achieving this goal.
Give your opinion on the type of damages a plaintiff would mostly likely be awarded if he or she was wrongfully discharged from work.
Explain for your new business associates how you would do the accounting for this type of business.
As the controller of your chosen company, compose a memo to the CEO addressing the advantages and disadvantages of transitioning from GAAP to IFRS.
Explain in a paragraph or two why Sierra Jones recommendation would not be appropriate.
Discuss risk factors companies should consider with acquisitions. Explain which of these risk factors you see at play in the Deere & Company acquisition.
How does separation of the record-keeping function from custody of assets contribute to internal control?
Explain the potential justification for deducting the expected litigation gain from cost of goods sold.
On your own words, describe the methods that companies can implement to depreciate plant assets.
Prepare ABC Company's general journal entry to record the issuance of the note payable.
What key points of Janice's negotiation led to her success? What could have Janice done better to get a better outcome for her salary?
What specific internal control issues are there with the payment function in accounts payable?
Blue Raider, Inc. has always adjusted entries at the end of the period to record. Explain in a paragraph or two why her recommendation would not be appropriate.
Why the executive-level, portfolio manager, or the high-level program manager must have more than a passing knowledge of concept for organizing control account.