...3. Dr. Michaella Evans, a statistics professor at the University of Maryland University College, drives from her home to the school every weekday. She has three options to drive there. She can take the Beltway, or she can take a main highway with some traffic lights, or she can take the back road, which has no traffic lights but is a longer distance. Being as data-oriented as she is, she is interested to know if there is a difference in the time it takes to drive each route. As an experiment she randomly selected the route on 21 different days and wrote down the time it took her for the round trip, getting to work in the morning and back home in the evening. At the .01 significance level, can she conclude that there is a difference between the driving times using the different routes? Beltway Main highway Back road 88 79 86 94 86 78 91 75 79 88 83 96 98 74 97 84 72 73 90 68 77 Step 1: State the null hypothesis and the alternate hypothesis "Ho: The population mean driving times of the three routes are statistically equal. H1: At least one of the population mean driving times does not equal one of the other population group means " Step 2: Select the level of significance The level of significance is .01 Step 3: Determine the test statistic The Analysis of Variance procedure is chosen because we are testing to see if more than 2 population...
Words: 457 - Pages: 2
...Control Evaluation Acct: 504 Case Study 2 Prepared by: Lennard Razor Prepared for: LJB Company 11/29/2014 LJB, 1 Table Of Contents Introduction: LJB Company Assessment 2 LJB Company: The Transition 3 Summary 5 Works Cited 6 LJB, 2 Introduction: LJB Company Assessment The overall purpose of this document is to assess the current state of the LJB Company. This assessment will thoroughly diagnose all of the components, both good and bad, used by LJB Company to help determine the company’s readiness to go public. Upon assessing all of the components and regulations currently utilized by LJB Company, I will also make recommendations for the improvement and future success of this company moving into the public market. In order to properly perform an assessment of the LBJ Company, there first had to be some set of standards or regulations that outline the internal controls and proper procedures for companies and businesses to adhere to for financial reporting. As it turns out internal control is a key component of Foreign Corrupt Practices Act(FCPA) of 1977 and the Sarbanes-Oxley Act(SOX) of 2002 which required companies to follow this set of internal controls. This list of internal controls is as follows: 1). Conduct its business in an orderly and efficient manner, 2). Safeguard its assets and resources, 3). Deter and defect errors...
Words: 939 - Pages: 4
...CASE STUDY 3—Cash Budget Template | | | | | | | | | | | | | | | | | | SCHEDULE OF EXPECTED CASH COLLECTIONS FROM CUSTOMERS May | June | 65,800 | | 26,850 | 62,650 | | 22,500 | 92,650 | 85,150 | | | | | | | May | June | 117,000 | | 54,000 | 81,000 | | 25,200 | 171,000 | 106,200 | | | | | | | | | | | May | June | $20,000 | $20,000 | | | 92,650 | 85,150 | 33,000 | | | 50,000 | 75,000 | 57,000 | 200,650 | 192,150 | 220,650 | 212,150 | | | 171,000 | 106,200 | 15,000 | 15,000 | 10,150 | 10,150 | 35,000 | | | 20,000 | 231,150 | 151,350 | (10,500) | 60,800 | | | | | 30,500 | | | (31,008) | $20,000 | 29,792 | | | To see all the figures look above | | | Credit Sales | | | May | June | (94000 x70%) | | 65,800 | | May(89500 x 30%), Jun (89500 x 70%) | | 26,850 | 62,650 | (75000 x 30%) | | | 22,500 | Total Cash Collections | | 92,650 | 85,150 | | | | | | | | | | | SCHEDULE FOR EXPECTED PAYMENTS FOR PURCHASE OF INVENTORY | | | Inventory purchases | | May | June | April(195000 x60%) | | 117,000 | | (135000 x 40%), Jun (135000 x 60%) | | 54,000 | 81,000 | (63000...
Words: 555 - Pages: 3
...ACCT 220 Quiz 3 latest Click Link Below To Buy: http://hwaid.com/shop/acct-220-quiz-3-latest/ A company buys a new parcel of land. Which of the following items is properly debited to the land account? Question 1 options: a. paving a road to access the land b. demolishing an existing structure c. the fees on a mortgage loan on the land d. planting of trees and shrubs Question 2 (5 points) What type of asset is subject to depletion? Question 2 options: a. natural resources b. a literary work c. an intangible asset d. a computer Question 3 (5 points) Which is NOT an intangible asset? Question 3 options: a. a patent on a new invention b. a copyright on a musical work c. an estimated amount of coal in a piece of owned land that has not yet been mined d. a contract granting the company a right-of-way Question 4 (5 points) Which is NOT an advantage of a corporation compared with a partnership or sole proprietorship? Question 4 options: a. The corporation's existence is unaffected by the death of an owner. b. Owners enjoy limited liability. c. It is easier to raise large amounts of capital. d. The total tax burden is lower. Question 5 (5 points) If a corporation's stock is purchased by the corporation on the open market but is held in treasury and not retired, which of the following is correct? Question 5 options: a. A credit will be recorded to the treasury stock account, which is a liability account. b. A debit will be recorded...
Words: 905 - Pages: 4
...ACCT 311- DISCUSSION 4 Name Institutional Affiliation ACCT 311- DISCUSSION 4 When looking at the costs of production it is crucial to understand the different costs that constitute the total production costs. I disagree with the statement that variable costs and fixed costs are the same thing. Fixed costs and variable costs are part of the total cost of production. BODY FIXED COSTS Fixed costs which sometimes are referred to as sunk costs are those costs, which remain the same despite the level of activity. Due to certain factors such as contractual agreements, these costs cannot be adjusted by an organization on a short term period. Even though fixed costs do not change very often, they can be controllable. For example, a rental cost is the same from one month to another, but the organization can control this cost by renting a smaller office space which is cheaper. These costs are also mandatory costs that an organization pays after a certain period of time, for example, monthly or on a yearly basis....
Words: 550 - Pages: 3
...Week 3 Homework E14-3 (Entries for Bond Transactions) Presented below are two independent situations. 1 A 1/1/12 Cash 300,000 Bonds payable 300,000 B 7/1/12 Interest Expense 6,750 300,000*.09*3/12 Cash 6,750 C 12/31/12 Interest Expense 6,750 Interest Payable 6,750 2 A Cash 210,000 Bond payable 200,000 Interest Expense 10,000 200,000*.012*5/12 B Interest Expense 12,000 200,000*.12*6/12 Cash 12,000 C Interest Expense 12,000 Interest payable 12,000 E14-7 (Amortization Schedule—Effective-Interest) Assume the same information Date Cash Paid Interest Expense Discount Amortized Carrying Bond 1/1/12 2,783,724 1/1/13 300,000 334,046.88 34,046.88 2,817,770.88 1/1/14 300,000 338,132.51 38,132.51 2,855,903.39 1/1/15 300,000 342,708.41 42,708.41 2,898,611.80 1/1/16 300,000 347,833.42 47,833.42 2,946,445.22 1/1/17 300,000 353,554.78 53,554.78 3,000,000.00 3,000,000*.10= 300,000 300,000*.62092=1,862,760 300,000*3.79079=1,137,237 1,862,760+1,137,237=2,999,997 E14-10 (Entries for Bond Transactions) A Cash 860,651.79 Premium Payable 60,651.79 Bonds Payable 800,000 B Date Cash Paid Interest Expense Amortized Premium Carrying Bond 1/1/12 860,651.79 1/1/13 96,000 86,065.18 9,934.82 850,716.97 1/1/14 96,000 85,071.70 10,928.30 850,716.97 1/1/15 96,000 83,978.87 12,021.13 827,767.54 1/1/16 96,000 1/1/17 96,000 C Interest Expense 86,065.18 Bonds Payable...
Words: 533 - Pages: 3
...Week 3 Homework 7/7 Differentiate between the following: active income, passive income, and portfolio income? Portfolio income is derived from investments and includes capital gains, interest, dividends, and royalties. Various types of portfolio income are taxed differently. Passive Income, this type of income comes from activities in which you do not actively participate. Such activities include income from real estate and certain business arrangements, such as limited partnerships. Active Income, Income for which services have been performed. This includes wages, tips, salaries, commissions, and income from businesses in which there is material participation. 7/13 Briefly, what is "material participation"? Why is the determination of whether a taxpayer materially participates important? Material participation is the point at which an individual becomes Actively or Continuously involved in a project . Earned revenue from the project is no longer considered passive income. This is important as this determines whether income is active or passive inconsideration of how loses are deducted and how this income is taxed. 7/46 Mary Beth is a CPA, devoting 3,000 hours per year to her practice. She also owns an office building in which she rents out space to tenants? Mary has to see it as a passive loss because she is using a property management company. She makes no management decisions. Mary Beth unfortunately has to carry the loss to future years. She is not allowed...
Words: 400 - Pages: 2
...| Net operating income | | $ 2,000.00 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1. | Total contribution margin | | $ 8,000.00 | | | | | | | | Total units sold | | 1,000 | units | | | | | | | Contribution margin per unit | | $ 8.00 | per unit | | | | | | | | | | | | | | | | | | | | | | | | | | 2. | Total contribution margin | | $ 8,000.00 | | | | | | | | Total sales | | $ 20,000.00 | | | | | | | | Contribution margin ratio | | 40% | | | | | | | | | | | | | | | | | | | | | | | | | | | 3 | Total variable expenses | | $ 12,000.00 | | | | | | | | Total sales | | $ 20,000.00 | | | | | | | | Variable expense ratio | | $ 0.60 | | | | | | | | | | | | | | | | | | | | | | | | | | | 4 | Contribution margin per unit | | $ 8.00 | per unit | | | | | | | Increase in unit sales | | 1 | unit | | | | | | | Increase in net operating income | $ 8.00 | | | | | | | | | | | | | | | | | 5. | | Units | | Per unit | | | | | | | Sales | 900 | $ 18,000.00 | $ 20.00 | | | | | | | Variable expenses | | $ 10,800.00 | $ 12.00 | | | | | | ...
Words: 424 - Pages: 2
...Unit 3 IP Shante Patterson ACCT205 AIU Online December 1, 2013 The internal control system should be intended to distinguish and prevent deception, mistakes and oversights, and material misstatements; then again it can only provide sensible assurance that the financial statements are at liberty from material misstatements. The best designed internal control system will not avert management override or collusion. The internal controls system is only as good as the management backing behind the system; this comprises training employees and dynamically observing the controls. The cost of applying a specific control should not surpass the probable benefit of the control. On occasion there are no out-of-pocket costs to institute an acceptable control. Internal control procedures are the duty of the management. Every single control must be assessed based on risk and a cost/benefit inquiry. Several operational low cost procedures can be applied. These control procedures, when in service effectively, will arrange for a sensible assurance that mistakes will be either prohibited or identified. Instances of controls that would have make sure that the prepaid tunings were made would be to gather a check-list of cyclical monthly journal records, than as a part of the financial report evaluation procedure, this check-list ought to be looked over by the management. At each financial statement date, each balance sheet account is resolved; this will guarantee that every single balance...
Words: 532 - Pages: 3
...documented in the herein contained Test Cases. The following requirements must be met to run the program: Java Integrated Development Environment (IDE), MySQL database. Netbeans 7.0.1 was utilized in making the program and testing it . MySQL is open source SQL database. They both can be downloaded for free of charge. Windows 7 OS was used to host both pieces of software. There are minimum requirements that can be referenced on download websites. Each option available in the program will be tested. The Use Case Diagrams may be referenced for further details on functions of each option. The test will test each available selection. The selections to be tested are as follows: 1-Add Student Information 2-Update Student Information 3-Query Student Information...
Words: 929 - Pages: 4
...add 0.05 M NaOH drop-by-drop to back-titrate the solution until the pH is neutral. What this means is that, the stronger the antacid tablet, the less NaOH it will take to help bring the acid to neutral. (In other words, the stronger antacid tablets counteract more of the original HCl, leaving the solution closer to neutral before the NaOH is added.) Here are your results: Maalox Mass of one dose antacid mL NaOH used in backtitration 20.0 g Tums 21.0 g Mylanta 18.0 g CVS brand 18.3 g Rennies 17.5 g 24.1 mL 22.4 mL 20.0 mL 19.9 mL 24.4 mL 1. Which is the strongest antacid, on a single-dose basis? Which is the weakest? Explain and show your calculations. 2. Which are the strongest and weakest, on a by-weight (mass) basis? 3. When people do back titrations, they usually watch the solution for a color change when the solution becomes neutral. What might you have used in the above experiment to get this color change to happen in the solution? At what pH would the solution have been neutral? 4. If you had walked into the lab, only to discover that you only had 0.1 M sulfuric acid available to run your tests, how might this have affected your calculations? Why? 5. In...
Words: 1292 - Pages: 6
...HANDOUT IDBI BANK LTD. WRITTEN EXAMINATION : 16.09.2012 RECRUITMENT OF EXECUTIVES ( ON CONTRACT ) INTRODUCTION 1. 2. 3. This booklet gives you detailed information about the Competitive examination for recruitment to the post of Executive (on contract). The selection process consists of (a) Written Examination and (b) Interview. Candidates who qualify in the written examination with high merit rank are eligible to be called for interview. Use of HB Pencil and Ball Pen : You should bring with you two HB pencils, a good quality eraser, a sharpener and a ball-point pen. You are advised to bring two pencils to avoid mending a pencil during the examination as you may lose time. Use ball-point pen for filling up the information only in boxes 1-10 on Side 1. Use HB pencil only, for filling up information in boxes 12-26 on side 1 of the answersheet and box 27 on side 2 of the answersheet. All the answers should also be marked by using HB pencil only. Handling answersheet : Please handle your answersheet carefully. Keep it dust free. If it is mutilated, torn, folded, wrinkled, rolled or dusty, it may not be evaluated. Special attention should be paid to the different objective type tests, since these are different from the usual school/college examinations. 4. 5. HOW TO SHOW YOUR ANSWERS : Each question is followed by answers which are numbered 1, 2, 3, 4 and 5. Select the most appropriate answer. Then by using HB Pencil, blacken the oval bearing the correct answer against...
Words: 2678 - Pages: 11
...Mark Scheme (Results) June 2011 GCE Geography 6GE01 Global Challenges Edexcel is one of the leading examining and awarding bodies in the UK and throughout the world. We provide a wide range of qualifications including academic, vocational, occupational and specific programmes for employers. Through a network of UK and overseas offices, Edexcel’s centres receive the support they need to help them deliver their education and training programmes to learners. For further information, please call our GCE line on 0844 576 0025, our GCSE team on 0844 576 0027, or visit our website at www.edexcel.com. If you have any subject specific questions about the content of this Mark Scheme that require the help of a subject specialist, you may find our Ask The Expert email service helpful. Ask The Expert can be accessed online at the following link: http://www.edexcel.com/Aboutus/contact-us/ Alternatively, you can contact our Geography Advisor directly by sending an email to Jonathan Wolton on: GeographySubjectAdvisor@edexcelexperts.co.uk. You can also telephone 0844 372 2185 to speak to a member of our subject advisor team. June 2011 Publications Code US027990 All the material in this publication is copyright © Edexcel Ltd 2011 General Guidance on Marking All candidates must receive the same treatment. Examiners should look for qualities to reward rather than faults to penalise. This does NOT mean giving credit for incorrect or inadequate answers, but it does mean allowing candidates...
Words: 3966 - Pages: 16
...Employees' Team Building * A List of Good Work Ethics by Employees * Different Types of Organizational Structure Motivating employees to work more productively and to be happier while doing it is a stiff challenge for even the most seasoned manager. Human behavior specialists indicate that the best way to avoid motivation and laziness problems is to assess potential employees carefully by way of personality testing. But what do you do when the hiring's done and you need the employees you have to perform more productively? Try proven, specific techniques designed to keep even your most cynical employees satisfied and productive. The first step? Back off. Nobody likes a micromanager. Ads by Google Options Trading Lessons With just these 3 Free reports you could be trading by day's end. wealthdaily.com/Options_Trading Step 1 Set specific goals, and trust your employees to reach them. According to Forbes, nothing makes enthusiasm vanish faster than a micromanager who doesn't trust her employees to do their work properly. Force yourself to let go by setting a clear and achievable goal; for example, "I want to beat increase our sales by 5 percent over the next 60 days." Ask for feedback, then back off and see what happens. Step 2 Reward top performers publicly and meaningfully. Inc. magazine suggests that letting employees share in success keeps them happy and motivated. It also increases the work ethic of those who aren't top performers. Financial incentives are always appreciated...
Words: 2101 - Pages: 9
... The PID is needed in order to terminate a frozen or otherwise misbehaving program with the kill command. This command makes it possible to end a program that cannot otherwise be stopped except by rebooting (i.e., restarting) the system, and it is thus an important element in the stability and robustness of Unix-like operating systems. Assume that the following files are in the working directory: $ ls intro notesb ref2 section1 section3 section4b notesa ref1 ref3 section2 section4a sentrev Give commands for each of the following, using wildcards to express filenames with as few characters as possible. a. List all files that begin with section. $ ls section* b. List the section1, section2, and section3 files only. $ ls section[1-3] c. List the intro file only. $ ls i* d. List the section1, section3, ref1, and ref3 files. 1. $ ls *[13] 2. Give an example of a command that uses grep a. With both input and output redirected. $ grep \$Id < *.c > id_list Chapter 9 Number 1 Explain the following unexpected result: $ whereis date date: /bin/date ... $ echo $PATH .:/usr/local/bin:/usr/bin:/bin $ cat > date echo "This is my own version of date." $...
Words: 922 - Pages: 4