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Questions -
Q1. Discuss the Philippine Budget Process.
Q2. Discuss the importance of the Budget in the Philippine Government.
Q3. Discuss the three (3) budgetary accounts.
Q4. Differentiate Obligation Based Budgeting and Annual Cash-Based Budgeting.
Q5. What are the two documents/reports, which are required by the department of budget and management to be submitted on regular basis? Explain.
Q6. Discuss the content of PPSAS 24 - Presentation of Budget Information in Financial Statements.
Explain the differences between FOB shipping point and FOB destination. Be certain to address who pays for the shipping costs and who owns the goods
pringle corporation has been authorized to issue 20000 shares of 100 par value 7 noncumulative preferred stock and
When preparing a statement of cash flows (indirect method), which of the following is not an adjustment to reconcile net income to net cash provided by operating activities?
sandlewood company has 15000 units of its sole product that it produced last year at a cost of 43 each. this years
Judi and May adopted a child in 2019. Their modified AGI is $200,500. What is the amount of their adoption credit in 2019
on july 31 2003 dome co. issued 1000000 of 10 15-year bonds at par and used a portion of the proceeds to call its 600
The average market price during 2018 was $50. How compute the number of shares to be used in determining diluted earnings per share for 2018
on january 1 2012 fishbone corporation sold a building that cost 272200 and that had accumulated depreciation of 102100
the michigan corporation owns 20 of the wolverine corporation. the wolverine stock was acquired eight years ago to
Which of the following Method is suitable for computing the cost of inventory when actual costs of individual units of merchandise can be determined from the accounting records?
Determine Song's taxable income in States A and B, assuming that the subsidiaries constitute independent corporations under the tax law
Discuss some of the pros and cons of using debt as a long-term source of capital funding for a company. Why does using an appropriate amount of debt increase the value of the firm?
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