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Problem
Read the article by McKenna (2012), Social Media's Phony Accounting, and answer the following questions: The author believes there are independence issues with the auditors in this case with Ernst and Young and various social media companies. Do you agree or disagree? Provide facts from the article to support your position. What revenue recognition options are available to Zynga? Has technology changed the way revenue should be recognized? As an auditor, would you agree with E&Y's position on revenue recognition or should it be changed?
a friend offers you a ticket to a chicago cubs baseball game for 50. you know you can sell the ticket to another friend
indicate how each of the following six different transactions that dynamic mattress might make would affect i cash and
Calculate the cost of goods sold using the FIFO periodic inventory method assuming that two of the three players were sold by the end of December
Calculate the expected cash balance at the end of April, assuming that cash is received only from customers and that $15,000 is paid out during April
Explain how the techniques and tools can be utilized to present data to management and other organizational decision makers.
Ford recently hired twenty employees to work in various departments of the company. On the first day, all twenty had the same orientation and attended the same training and development sessions.
Journalize the six adjusting entries required at October 31, based on the data presented
identify each of white corporations following assets as an ordinary capital or 1231 asset.a. two years ago white used
Todd Huebner asks, “Since stock dividends don’t change anything, why declare them?”What is your answer to Todd?
Ecru does not allocate its $1,250,000 in common expenses to the various segments. Perform testing procedures to determine Ecru's reportable operating segments
listed below in scrambled order are 13 income statement categories. use the numerals 1 through 13 to indicate the order
what are value-added processes? how do you determine if a process adds value? how does identification of value-added
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