Museum of Modern Art
Located in the Manhattan, 53rd st
Important as the same like Tate Britain in London,
France Pompidou national culture and Arts Centre par
Now they have 150,000 works
The goals of federal, state or municipal government agencies when applying the
principals of accounting are different from the private sector's main business
objective of earning profit. Budgets are among the most important considerations
in government ac
US Government Auditing Development
US Government Accountability Office is to serve the Congress of independent, nonpartisan organization. The Government Accountability Office led by the Comptroller
General, the predecessor of the United States Government
Federal Bankruptcy Court ruled on the 3rd, "car city" Detroit is no longer insolvent,
bankruptcy filings finds appropriate, in line with the US Bankruptcy Code Chapter IX
bankruptcy protection conditions in Detroit July 18 filed for bankruptcy protection
A physical data is a graphical representation of a system showing the systems internal
and external entities and the flows of data into and out of these entities.
Prepare a narrative to describe the system described in the physical DFD
The specific plans for controls related to the c
short problem 2
1. the companys insurance policy reimburses it for losses due to a fire matches
with B. correct control.
2. Shipping notices have a serial number that is tracked in order to ensure input
matches with D.
3. The computer system rev
Principles of Accounting II Chapter 17 Job Order Cost Systems and Overhead Allocations A cost accounting system is designed to provide information to managers to assist them in making decisions A cost system shows us how to determine the cost to produce o
Principles of Accounting II Chapter 17 Job Order Cost Systems and Overhead Allocations Part 2 Indirect materials and indirect labor flow through the manufacturing overhead account into the work in process inventory account. Manufacturing overhead is appli
Principles of Accounting II Chapter 17 Job Order Cost Systems and Overhead Allocations Part 3 Flow of Costs in Job Costing Employee time tickets indicate the cost of direct labor to charge to jobs and the cost of indirect labor to charge to overhead. Prod
Principles of Accounting II Chapter 17 Job Order Cost Systems and Overhead Allocations Part 4 Activity-Based Costing (ABC) One of the most difficult tasks in computing accurate unit costs lies in determining the proper amount of overhead cost to assign to
Principles of Accounting II Chapter 17 Job Order Cost Systems and Overhead Allocations Part 5 Activity-Based Costing Procedures We begin the development of our ABC system by identifying activities that consume resources. Next, we assign the costs to a cos
Ch. 14: Financial Statement Analysis
A classified set of financial statements groups items with similar characteristics together.
Groupings include categories such as current assets; property, plant, and equipment;
current liabilities; noncurrent liabilit
Global Business and Accounting
Insufficient technological development and insufficient infrastructure are often barriers to
conducting business in many countries:
1. Difficulty transferring knowledge and information.
2. Differences in educational a
Global Business and Accounting
Globalization is a term used to describe cross-border trade and operations
covers all aspects of business from the extraction of raw materials to the production and
sale of finished products.
high level of globalization= b
Top management of a company plans for the future and prepares budgets to quantify its
The budgets are based on information supplied by managers who are close to the
Budget and actual results are critical
Acc 102 Exam I Review
1. A comparative financial statement:
A. Places the balance sheet, the income statement, and the statement of cash flows side-by-side in order to
compare the results.
B. Places two or more years of a financial statement side-by-side