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Accounting information systems have five generic parts (inputs, processes, outputs, storage, and internal control). Choose two examples of applicable internal controls for Storage.
Physical security
Financial statement audits
Using general ledger software
Daily data backup
Sequential numbering
Access to files by password only
Preparing a trial balance
Supervisory review
question1. bell mountain vineyards is considering updating its current manual accounting system with a high-end
Analyze financial data of two government organizations-Luis County and Green County-in order to create financial statements.
Prepare the stockholders equity section of the balance sheet, for Penn Company as of June 30, 2015, as it should appear in its annual report to the shareholders.
question a company has two employees. the companys net salaries for the month of january were 8000. the federal income
Which of these contractual terms would lead a company to account for a lease contract under the capital lease method?
Determine the eliminating entries necessary for the 20X9 consolidated financial statements.
To the firm, the use of debt capital can be risky (debt versus equity), while for the investor, the opposite is the case. Why do you suppose this is the case?
Evaluate the Sales Budget of a company, Manufacturing overhead cost budget
Bottle-Up, Inc., was organized on January 8, 2000, and made its S election on January 24, 2000. Prepare a current year S corporation tax return for Bottle-Up, showing yourself as the paid preparer.
Estimate the monthly fixed costs and the unit variable cost per support call using the high-low estimation method. Draw a scattergraph relating call center costs to the number of support calls.
Prepare the January income statement for Air Temp Manufacturing Company and determine the inventory balances at the end of the first month of operations.
You are comparing two companies in the same industry. You have determined that Ace Corp. depreciates its plant assets over a 40-year life, whereas Liu Corp. depreciates its plant assets over a 20-year life. Discuss the implications this has for compa..
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