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Illustrate the changing face of accounting
Over past 25 years, environment within which businesses operate has become increasingly turbulent and competitive. Numerous reasons have been identified to illustrate these changes, including:
?increasing sophistication of customers;
?development of a global economy where national frontiers become less important;
?rapid changes in technology;
?deregulation of domestic markets (for instance electricity, water and gas);
?increasing pressure from owners (shareholders) for competitive economic returns;
?increasing volatility of financial markets.
A lawn care company started business on January 1, 2012. The company billed clients $105,000 for lawn care services completed in 2012. By December 31, the company had received $84,
Legal Aspects There is no law relating to branch accounts but examination problems under this heading are frequently linked to either partnership or company account problems. Ans
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if you inherited 45,000 today and invested all of it in a security that paid a 7 percent rate of return how much would you have in 25 years
Aristo Ltd uses a system of absorption costing. The product passes through a machining department and an assembly department before it is completed. The assembly department is labo
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