year. This chapter applies to you if you are a manufacturer, wholesaler, or retailer or if you are engaged in any business that makes, buys, or sells goods to produce income. This chapter does not apply to a personal service business, such as the business of a doctor, lawyer, carpenter, or painter. However, if you work in a personal service business and also sell or charge for the materials and supplies normally used in your business, this chapter applies to you. If you must account for an inventory
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Chapter 3: Procurement Process Teaching Objectives The teaching objectives of this chapter are to: * Describe the steps in the procurement process. * Explain the role of different functional areas in efficiently and effectively completing the procurement process * Identify the key steps in the procurement process and the data, document, and information flows associated with the process. * Explain the financial impact of the steps in the procurement process * Explain the role
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Goods up to a value of Rs.15000/‐ on each occasion with a certificate from the HOD ‘I am personally satisfied that the goods purchased are of requisite quality and specification and have been purchased from a reliable supplier at reasonable price’. 4. PURCHASE OF GOODS BY PURCHASE COMMITTEE (Refer Rule 146 of GFR) Goods up to a value of Rs.1.00 lac may be purchased on recommendation of a local purchase committee consisting of 3 faculty and one Finance member. The committee will
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CHAPTER 6 MASTER BUDGET AND RESPONSIBILITY ACCOUNTING I. LEARNING OBJECTIVES 1. Describe what the master budget is and explain its benefits 2. Describe the advantages of budgets 3. Prepare the operating budget and its supporting schedules 4. Use computer-based financial planning models in sensitivity analysis 5. Explain kaizen budgeting and how it is used for cost management 6. Prepare an activity-based budget 7. Describe responsibility centers and responsibility
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59719_appendix04.qxd 20/8/05 16:16 Page 1 CHAPTER 4 APPENDIX 4–3 Static Effects of a Customs Union on World’s Welfare In Figure A4-3.1 assume that Sa and Da are the internal supply and demand curves in country A for a given product. Sb and Sc are the exportsupply curves of countries B and C to country A, with C being a more efficient producer than B. Sbt and Sct are the same two supply curves subject to a 100 percent tariff imposed by country A. Curve St indicates total supply of the
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Marie Kight Accounting and Finance Professor Jackson Chapter 1 – Problems: 4, 6, 10, 12 Problem (4) Sale of equipment with a book value of $300,000 for $500,000 cash. Increase assets by 200,000. Increase owner’s equity by 200,000 (gain of 200,000) Purchase of a new $80 million building, financed 40 percent with cash and 60 percent with a bank loan. Increase assets by $48 million. Increase Liabilities by $48 million. (80 million * 60%; the 40% is asset for asset) Purchase of
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Use Only -2- Agenda • Creating Alignment with Business Capabilities • Case Study • Optimizing Investments: Governance -3- Agenda • Creating Alignment with Business Capabilities • Case Study • Optimizing Investments: Governance -4- Creating Alignment with Business Capabilities Evolution not Revolution Strategy Capability Process Capability Capability Capability People/ Organization People/ Organization Strategy Process Skills/Training Framework/Methodology
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Fall 2012 [pic] ECO 212 – Macroeconomics Yellow Pages ANSWERS Unit 3 Mark Healy William Rainey Harper College E-Mail: mhealy@harpercollege.edu Office: J-262 Phone: 847-925-6352 Consumption and Saving Functions Y C S APC MPC APS MPS _____________________________________________________________________________________ 0 40 - 40 -- -- -- -- _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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Windows Server® 2008 FOR DUMmIES ‰ by Ed Tittel and Justin Korelc Windows Server® 2008 For Dummies® Published by Wiley Publishing, Inc. 111 River Street Hoboken, NJ 07030-5774 www.wiley.com Copyright © 2008 by Wiley Publishing, Inc., Indianapolis, Indiana Published by Wiley Publishing, Inc., Indianapolis, Indiana Published simultaneously in Canada No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical
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ASSIGNMENT 2 CHAPTER 16 & 17 Kim Johnson ACC305: Intermediate Accounting II Jacob Gordon October 12, 2015 ASSIGNMENT 3 CHAPTER 16 & 17 Exercise 16-24 Future Deferred Classification Taxable Tax (Asset) Current – C (Deductible) Tax Liability Related Balance Sheet Account Noncurrent - NC Amounts Rate C NC Liability – warranty expense C (15) x 40% (6) Depreciable assets NC 120 x 40% 48 Receivable – installment
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