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1. Should the owner feel frustrated with the variance reports? Explain 2. Prepare a flexible budget performance report for the school for August
Prepare the December 31, 2011 adjusting entry to estimate uncollectible accounts assuming accounts receivable balance at this date is $75,000.
What is the fed funds rate in the banking system? Explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Calculate the operating income for Manahan Co. for the year ended December 31, 2010.
What amount can Shelley deduct as an employee business expense?
What is the amount of fringe benefits that should be included in Linda and Richard's gross income on their 2010 tax return?
How can an analysis of the profit variance highlight those areas needing management attention?
What is Talley's pension expense to be recorded for Year 7? (The expected return on plan assets equals beginning of year plan assets times the settlement rate)
What irregularities should a fraud examiner look for in a firm's fixed assets?
How do linear profit models relate to GAAP-basis income statements?
Question: What can a company do about check tampering problems? Who should be on the suspect list and why?
Discuss the power of these individuals (a) CFOs, (b) regulators, and (c) investors and their effects on the role of accounting within an organization.
a. Prepare four column proof of cash for the month ended December 31, 2011 b. Make the necessary adjustments
What are the tax year options available to a corporation? What about unincorporated companies?
Question: What article or website would be helpful to anyone wanting to know more about forensic accounting? Explain what it is.
Question: Explain what a Flat Income Tax System is and how it differs from progressive tax system?
One of the more compelling financial fraud stories that unfolded in 2009 was Satyam Computers.
What does it mean to critically evaluate an economic event or resource in the context of an accounting standard
Calculate the payroll for the last pay period in April. Include in your calculations federal withholding, social security and Medicare taxes.
Go to the library to review at least three current business periodicals in your chosen career area.
Task: A new product has the following profit projections and associated probabilities:
What role would you assign to property taxes in this nation to achieve its objectives?
Is the form and content of the financial statements what you expected? Are the financial statements more or less complex than you expected?
The heights of a group of professional basketball players are summarized in the frequency distribution below. Find the standard deviation.
Distinguish between current and accumulated earnings and profits. Why is it important to make this distinction?