Sick Hours Analysis
By the Excel
1. Do male employees use more sick time Vs. fe
2. Age category 35-45 use more sick time than o
3. Which hospital has the highest sick hours? A
nd in this hospital whic
Running head: Fortune 500 Business: How They Have Used Social Media as a Competitive
Fortune 500 Business: How They Have Used Social Media as a Competitive Advantage
Name: Feng Bo
Institution: Mark Fogel
Fortune 500 Business: How They Have Use
I attended a very meaningful course last Friday. This course combines lecture,
demonstration and hands-on practice exercises.
Firstly, the instructor introduced myTIME system. The myTime is a software
application used to capture
We are study in buiness school, no one just want to be an editor. So we tried to find a
way to generate income from our blog. This is my topicIn United States, there are a
lot of basketball equipement stores, such as Footlocker. I found they have an allil
Write a general expression for the yield on any debt security and define
these terms: real risk free rate of interest, inflation premium, default risk
premium, iquidity premium and maturity risk premium.
r* is defined as the interest rate that would exi
1. True or false
In The New Revenue Recognition Model, the core principle is that an entity would recognize
revenue as it transfers goods or services to customers in an amount reflecting the consideration it
expects to receive (T)
2. ASU No. 2016-12 allow
The three major sections of financial statement for decision-makers are assets,
liabilities and net assets:
Assets = Liabilities+ Net Assets
This can allow you to compare your business to others in the same i
Pillsbury Case Analysis
Ivan Gullien is the marketing manager for General Mills Canada
Corporation and has been with the company for more than four years. He is in
charged of marketing and promotions for the refrig
Problem 3-4, p. 128, Internal Control and Fraud
A) What controls weakness allowed John to perpetrate these frauds?
The first weakness that allowed John to work at the company was the lack of
security clearance and background check. J
The demand for audit and other assurance services
Sarbanes oxley act
Enron /tyco the act established the public company accounting oversight board
It also requires auditors to report on the effectiveness of internal control over financial repo
Notes Accounting 1 THE JOURNAL
Transactions are initially recorded in chronological order in a journal before being
transferred to the accounts.
Every company has a general journal which contains
1. spaces for dates,
2. account titles and ex
Notes Accounting 1 Building Blocks
A business owned by one person is generally a proprietorship (owners
A business owned by two or more persons associated as partners is a
partnership (partners equity).
A business organize
Notes Accounting 1 ADJUSTING THE ACCOUNTS
TIME PERIOD ASSUMPTION
The time period (or periodicity) assumption assumes that the economic life
of a business can be divided into artificial time periods
Periods of less than one y
Notes Accounting 1 Accounting Principles
An account is an individual accounting record of increases and decreases
in a specific
owners equity item.
A company will have separate accounts for such items as
Notes Accounting 1 ADJUSTING ENTRIES
Adjusting entries make the revenue recognition and matching principles
Adjusting entries are required each time financial statements are prepared.
Adjusting entries can be classif
Notes Accounting 1 ACCRUALS
A different type of adjusting entry is accruals.
Adjusting entries for accruals are required to
record revenues earned and expenses incurred in the current period.
The adjusting entry for accruals will increase
Notes Accounting 1 AMORTIZATION
In recording amortization
Amortization Expense is debited
A contra asset account
Accumulated Amortization is credited.
The difference between the cost of the asset and its related
Notes Accounting 1 Revenue
REVENUES AS A BUILDING BLOCK
Revenues are the gross increases in owners equity resulting from
business activities entered into for the purpose of earning income.
Revenues may result from sale of merchandise, performance of ser
Notes Accounting 1 PREPAYMENTS
Adjusting entries for prepayments are required to record the portion of the
prepayment that represents
1. The expense incurred or
2. The revenue earned in the current accounting period.
Notes Accounting 1 Introduction
BOOKKEEPING DISTINGUISHED FROM ACCOUNTING
1. Includes bookkeeping
2. Also includes much more
1. Involves only the recording of economic events
2. Is just one part of accounting
THE ACCOUNTING PROFESSI