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Terry Thompson has a dilemma, two of his supervisors are leaving, Jeff supervisor of the management accounting function and Fred, supervisor of the financial accounting department. Terry's background is finance and has only a basic understanding of accounting. He comes to you and asks, "I need to either hire someone from the outside or promote internally. What qualifications should I seek in each of the positions and what role do these positions play in strategic planning? Required: 1. Answer each of the two questions by Terry. Your answer should be in a form of well prepared memo 2. In your own words what is the difference between a financial and managerial accountant?
calculating break-even and graphing. san juan health departments dental clinic projects the following costs and rates
Lester's Home Healthcare Services (LHHS) was organized on January 1, 2005, by four friends. Each organizer invested $10,000 in the company and, in turn, was issued 8,000 shares of stock.
the gannon company has budgeted sales revenues as followsjunejulyaugustcredit sales270002900018000cash
Of the amount paid, $30,000 was for expenses incurred on account in 2010. In addition, Leno incurred $142,000 of expenses in 2011 which will not be paid until 2012.
what are the components of the audit risk model? how does the audit risk model affect an audit
you increased rates by 10 percent across all services and profits decreased by 5 percent. cost per unit remained
Harry purchased equipment for his business and gave the seller cash and a note due in two years.
marine inc. manufactures a product that is available in both a flexible and a rigid model. the company has made the
a lender wants to know if they can collect on their loans. a cash flow statement for the company owing the money will
each year madsen company purchases 8000 units of a part that it needs for production of its product. the supplier
Prepare an income statement, a statement of owner's equity, and a balance sheet and on the basis of the adjustment data in the work sheet, journalize the adjusting entries.
a. What were QuickyLube's labor price and quantity variances for the most recent week? b. What factor(S) could explain QuickyLube's labor variances?
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