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Complete the Accounting Information Systems simulation located on the student website.
Write a 350-word summary addressing the following:
· What are the advantages of having the same person performing multiple activities in a particular process? What are the disadvantages?
· Where would you draw the line between cost-benefit analysis and accuracy of records?
· How would prioritization affect Ramos International's expected loss over the current year?
Format your summary consistent with APA guidelines. Word counts do not include the Title and Reference pages. You can go over the word count, only word counts lower than a minimum will receive a deduction.
Make sure when you complete the Week 3 Individual Simulation Assignment that I can tell you took the Simulation. Post your results with your assignment. Let me know what choices you made within the Simulation and whether you were right or wrong, what you learned and also relate your answers to the questions posed in the syllabus back to the Simulation.There is an automatic 1 point deduction if you do not post your results
How are managerial accounting concepts useful for a decision-maker at any level in an organization? Make sure to include different levels of decision-makers in your reply.
In a liquidation subject to section 332, Rose distributes assets to Pheasant and Crystal in accordance with their ownership interests. Discuss the tax consequences of the liquidation for Rose, Pheasant, and Crystal.
Hippo, Inc., a calendar year C corporation, manufactures golf gloves. For 2010, Hippo had taxable income (before DPAD) of $800,000, qualified domestic production activities income of $950,000, and W-2 wages related to qualified production activiti..
What is control account and subsidiry account give examples and explain its?
Sand Soap Company management is analyzing the company's standard cost variances for direct materials for the most recent period. The following information was available from company records.
Discuss the elements of BFOQ (Bona Fide Occupational Qualification) and how this defense relates to the above case.
Wilson Company makes all sales all sales of industrial bearings under terms of FOB shipping point. The company usually receives orders for sales approximately one week before shipping inventory to customers.
Write the journal entry to show the effect of the accrual (if any) that should be made as of December 31 with respect to the advertising allowance offer.
On December 16, 2008, the company's controller made a preliminary estimate of the predetermined overhead rate for the year 2009. The new rate was based on the estimated total manufacturing overhead cost of $3,402,000 and the estimated 63,000 total..
Educational Incentives
When using the indirect method to calculate and report net cash provided or used by operating activities, which of the following is subtracted from net income?
Dogwood City's water enterprise fund received interest of 10,000 on long term investments. How should this amount be reported on the statement of cash flows?
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