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ACC 491 Week 3 Team Assignment Assessing Materiality and Risk Simulation Answer

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ACC 491 Week 3 Team Assignment Assessing Materiality and Risk Simulation Answer


Complete the simulation and prepare a 350-word total (not per question) response to the following questions:

Why do certain accounts have to be audited 100%?

Why is materiality allocated only to those accounts that are sampled?

Is any component of audit risk within the control of the auditor? Explain.

How are the three risks that make up audit risk interrelated?

ACC 491 Week 3 Team Assignment Assessing Materiality and Risk Simulation Answer

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MCQs Bio The long tube-like structure that conveys impulses Answer

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MCQs Bio The long tube-like structure that conveys impulses Answer

1. A neuron is _____.
a) The part of a nerve cell that receives information.
b) The part of a nerve cell that sends information.
c) The part of a nerve cell that creates energy.
d) A cell of the nervous system responsible for receiving and transmitting electrochemical information.

6. The long tube-like structure that conveys impulses away from the cell body toward other neurons, muscles, or glands is called a(n) _____.
a) dendrite
b) soma
c) myelin sheath
d) axon

The __________ is another name for the cell body.
a) ganglia
b) soma
c) nerve
d) cell

14. Neurotransmitters are
a) released from the terminal button of a cell
b) responsible for electrical communication within a cell
c) part of the power house of a cell
d) all of the above

25. Communication within neurons is _____ whereas communication between neurons is _____.
a) electrical; chemical
b) unmylinated; mylinated
c) chemical; electrical
d) very slow; very fast

43. Parkinson’s Disease, which Michael J. Fox has, results from
a) too little serotonin
b) too much dopamine
c) too little dopamine
d) too much serotonin

52. Growth, reproduction, moods, and our responses to stress are all controlled by our _____.
a) mothers
b) fathers
c) hormones
d) teachers

60. The peripheral nervous system _____.
a) is composed of the spinal cord and peripheral nerves
b) is less important than the central nervous system
c) is contained within the skull and spinal column
d) includes all the nerves and neurons outside the brain and spinal cord

59. The central nervous system _____.
a) consists of the brain and spinal cord
b) is the most important nervous system
c) includes the automatic and other nervous systems
d) all of these options

71. The _____ nervous system is responsible for fight of flight whereas the _____ nervous system is responsible for maintaining calm.
a) central; peripheral
b) parasympathetic; sympathetic
c) sympathetic; parasympathetic
d) autonomic; somatic

99. This almond-shaped structure is part of the limbic system and helps regulate emotion.
a) fornix
b) hippocampus
c) amygdala
d) none of these options

113. _____ area is found in the temporal lobe, and is involved with language comprehension.
a Broca’s)
b) The association
c) Gage’s
d) Wernicke’s

124. Mandisa is blindfolded and asked to identify several objects. She cannot verbally identify objects placed in her left hand, which suggests that she has had _____.
a) a dyslexic episode
b) split-brain surgery
c) too much to drink
d) a lateralization of her brain hemispheres

The part of the brain that is responsible for the most complex of human behaviors is the _______.
a) Hypothalamus
b) Cerebral Cortex
c) Thalamus
d) None of the above.

MCQs Bio The long tube-like structure that conveys impulses Answer

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ACC 491 Week 1 Individual Assignment Generally Accepted Auditing Standards Paper

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ACC 491 Week 1 Individual Assignment Generally Accepted Auditing Standards Paper


Generally Accepted Auditing Standards
ACC 491

Write a 700- to 1,050-word paper in which you explain the nature and functions of auditing. Relate your explanation to the audit functions in your organization, or an organization with which you are familiar. In your paper, be sure to address the following: Describe the elements of the Generally Accepted Auditing Standards (GAAS).• Describe how these standards apply to financial, operational, and compliance audits.• Explain the effect that the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB), will have on audits of publicly traded companies.• Discuss the additional requirements that are placed on auditors from this Act, and the actions of the PCAOB.•

ACC 491 Week 1 Individual Assignment Generally Accepted Auditing Standards Paper

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ACC 491 Week 2 Team Assignment Auditing, Attestation, and Assurance Services Paper

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ACC 491 Week 2 Team Assignment Auditing, Attestation, and Assurance Services Paper



Write a 1,050- to 1,400-word paper in which you compare and contrast auditing, attestation, and assurance services. In your paper, be sure to include the following: An example of each type of service. Who might request such a service. What standards apply to each service and who establishes those standards.

ACC 491 Week 2 Team Assignment Auditing, Attestation, and Assurance Services Paper


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Penn Foster 06101501 Financial Accounting Exam Parts 1 and 2 Manville and Coleman-Foose

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Penn Foster 06101501 Financial Accounting Exam Parts 1 and 2_Manville and Coleman-Foose_Answer

PENN FOSTER 06101501
Financial Accounting Examination

PART 1
The list of accounts below and the unadjusted balances of these accounts were taken from the ledger of the Manville Corporation at the end of their accounting period, March 31, 20X2:
Cash 3,995
Accounts Receivable 13,240
Allowance for Doubtful Accounts 120
Inventory, April 1, 20X1 22,800
Prepaid Insurance 360
Supplies on Hand 520
Equipment 15,000
Accumulated Depreciation’Equipment 4,500
Accounts Payable 11,870
Taxes Payable 390
Capital Stock 25,000
Retained Earnings 11,920
Dividends 9,000
Sales 89,490
Sales Returns and Allowances 920
Sales Discounts 1,330
Purchases 56,320
Purchase Returns and Allowances 490
Purchase Discounts 1,125
Transportation-In 880
Sales Salaries 11,800
Rent Expense 3,600
Advertising Expense 2,700
Utilities Expense 1,880
Maintenance Expense 560

Additional data:
A. Merchandise inventory at March 31, 20X2, was $23,300.
B. The Allowance for Doubtful Accounts should be increased by $600.
C. Prepaid insurance represents a three-year policy purchased April 1, 20X1.
D. Supplies on hand were estimated to be $170 on March 31, 20X2.
E. The cost of the equipment is being depreciated over a 15-year estimated life using the straight-line method. Salvage value should be ignored.
F. Unpaid sales salaries on March 31, 20X2, amounted to $200.

Instructions:
1. Prepare a worksheet (Adjusted trial balance columns may be omitted).
2. Prepare an income statement.
3. Prepare a statement of retained earnings.
4. Prepare a balance sheet.
5. Prepare the closing entries.

Part 2
The trial balance of the Coleman-Foose Company was prepared from the record of the company on November 30, 20X2, the close of its fiscal year:
Coleman-Foose Company
Trial Balance
November 30, 20X2
Cash 12,200
Accounts receivable 16,300
Allowance for doubtful accounts 200
Inventory – 12/1/X1 14,175
Unexpired insurance 660
Supplies on hand 265
Land 18,000
Building 22,000
Accumulated depreciation – building 6,000
Office equipment 6,800
Accumulated depreciation – office equipment 2,100
Accounts payable 11,400
Mortgage payable 9,000
Capital stock 40,000
Retained earnings 2,200
Dividends 8,000
Sales 172,000
Sales returns and allowances 600
Sales discounts 2,700
Purchases 109,800
Purchases returns and allowances 1,200
Purchase discounts 2,300
Transportation-in 900
Salaries expense 23,000
Travel expense 5,200
Office expense 1,300
Professional fee expense 2,500
Telephone expense 1,200
Building repair expense 800
Total 246,400 246,400

Additional data:
A. The allowance for doubtful accounts should be increase by $400
B. Merchandise inventory at November 30, 20×2 was $16,200.
C. Unexpired insurance on November 30, 20×2 amounted to $440.
D. Supplies on hand November 30, 20×2, $120.
E. Building depreciation is calculated at 5% per year
F. Office depreciation is calculated at 10% per year
G. Salaries accrued at November 30, 20×2, are $400.

Required:
1. Prepare a work sheet (The adjusted trial balance columns are to be omitted).
2. Prepare an income statement for the year.
3. Prepare closing entries.

Penn Foster 06101501 Financial Accounting Exam Parts 1 and 2_Manville and Coleman-Foose_Answer

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ACC 491 Week 3 Team Assignment Assessing Materiality and Risk Simulation Answer

ACC 491 Week 3 Team Assignment Assessing Materiality and Risk Simulation Answer

ACC 491 Week 3 Team Assignment Assessing Materiality and Risk Simulation

Resources: Assessing Materiality and Risk located on the Week Two Materials page

Complete the simulation and prepare a 350-word total (not per question) response to the following questions:

Why do certain accounts have to be audited 100%.

Why is materiality allocated only to those accounts that are sampled?

Is any component of audit risk within the control of the auditor? Explain.

How are the three risks that make up audit risk interrelated?

For getting the instant digital download solution, Please click on the “PURCHASE” link below to get “ACC 491 Week 3 Team Assignment Assessing Materiality and Risk Simulation Answer”.

Please click on the below link and make an instant purchase. You will be guided to the PAYPAL Standard payment page wherein you can pay and you will receive an email immediately with a download link. Please note that in case of technical glitch, the solutions will be emailed to you within 24 hours.

In case you find any problem in getting the download link or downloading the tutorial, please send us an email on mail@genietutorial.com

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Week 2 HCS 449 GSCM 588 ECO 561 ACC 560 FIN 370 Answer

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HCS 449 Week 2 Health Care Industry Paper


Resource: Health Care Industry
Write a 750 to 1,050 word paper discussing the health care industry. Address the following questions:
How has health care changed in the last 10 years?
What do you think will be the biggest change in health care in the next 10 years?
What role do you plan to have in the industry?
How will you adapt your skills to evolve along with the industry’s needs?
Has your perception of health care changed over the course of your program? What has had the most significant impact?
What role will technology play in health care organizations in the coming decade?
What financial and economic issues will affect the health care industry in the next 10 years?
Include at least three references.
Format your paper consistent with APA guidelines.

GSCM 588 Managing Quality Week 7 Course Project Final Paper and week 2 ouline Answer


GSCM 588 Course Project
Topic Selection
1. Select a specific organization of interest to you and identify a quality management related problem(s) in the firm. Examples may be poor quality levels, high cost of quality, poor product/service design, high level of internal/external failures, etc. Feel free to add to this list if you need to.
2. You are taking on the role as a quality management consultant and the executives of your chosen organization have asked you to submit a recommended direction to implement a quality management initiative to address the quality management related problem(s) you identified above. For example: Six Sigma, Lean Principles, TQM, SPC, Balanced Scorecard, etc.
3. You also need to identify which of the course TCOs and specific topics in the syllabus are related to the problem you identify.
Research Sources
1. All papers must have a minimum of 8 scholarly sources (other than text book) cited within the text of the paper and identified in the references section.
2. Additional research sources can be attached in an appendix.
3. All sources must be in two places. They need to be identified in the reference section must also have a corresponding citation in the body of the paper and vice-versa.
4. Review the following document for instructions on how to access and use EBSCOhost for your research: EBSCOhost.
Paper Format
1. All papers should be single sided, double-spaced and in12-point type font Times Roman.
2. Length of the paper to be between10 – 12 pages, excluding cover page, reference pages and appendices.
3. The first page should include the title of the work, student name, address, telephone and e-mail address, course number, date, and instructor’s name.
4. Follow APA style for general format and citations.
5. Paper sections must adhere to the guidelines below and each section must be labeled in the text.
6. Language should be clear, concise, and precise.
7. Tone should be professional, consistent, and not filled with jargon.
8. Grammar and syntax (sentence structure) must be correct.
9. Report must be free of misspellings and typos.
Tables and Figures
1. All figures and tables must be referred to in your text before they appear on the page.
a. Figures and tables should appear on the same page or the next page as the text that refers to them.
2. All figures and tables need captions. Captions go below figures and above tables.

………………………………………………………………………………………………………………………………………………………………………………………………………………………………

……………………………………………………………………………………………………………………………………………………………………………………………………………………………

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ECO 561 Week 2 Reflection Assignment 5-page paper Answer


Week 2 Reflection

Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

Prepare a 1- to 3-page paper detailing the findings of your discussion

Topics:

Identifying Optimal Production Levels

Explicit and Implicit Costs

Diminishing Returns

Industry Specific Analysis

Explain how to balance fixed and variable costs

Apply economic cost concepts in making business decisions

ACC 560 Week 2 Case 1 Greetings Inc Job Order Costing Greetings Inc Complete Answer


Greetings Inc. has operated for many years as a nationally recognized retailer of greeting cards and small gift items. It has 1,500 stores throughout the United States located in high-traffic malls.

As the stock price of many other companies soared, Greetings’ stock price remained flat. As a result of a heated 2007 shareholders’ meeting, the president of Greetings, Robert Burns, came under pressure from shareholders to grow Greetings’ stock value. As a consequence of this pressure, in 2008 Mr. Burns called for a formal analysis of the company’s options with regard to business opportunities.

Location was the first issue considered in the analysis. Greetings stores are located in high-traffic malls where rental costs are high. The additional rental cost was justified, however, by the revenue that resulted from these highly visible locations. In recent years, though, the intense competition from other stores in the mall selling similar merchandise has become a disadvantage of the mall locations.

Mr. Burns felt that to increase revenue in the mall locations, Greetings would need to attract new customers and sell more goods to repeat customers. In order to do this, the company would need to add a new product line. However, to keep costs down, the product line should be one that would not require much additional store space. In order to improve earnings, rather than just increase revenues, Greetings would have to carefully manage the costs of this new product line.

After careful consideration of many possible products, the company’s management found a product that seemed to be a very good strategic fit for its existing products: high-quality unframed and framed prints. The critical element of this plan was that customers would pick out prints by viewing them on wide-screen computer monitors in each store. Orders would be processed and shipped from a central location. Thus, store size would not have to increase at all. To offer these products, Greetings established a new e-business unit called Wall Décor. Wall Décor is a “profit center”; that is, the manager of the new business unit is responsible for decisions affecting both revenues and costs.

Wall Décor was designed to distribute unframed and framed print items to each Greetings store on a just-in-time (JIT) basis. The system works as follows: The Wall Décor website allows customers to choose from several hundred prints. The print can be purchased in various forms: unframed, framed with a metal frame and no matting, or framed with a wood frame and matting. When a customer purchases an unframed print, it is packaged and shipped the same day from Wall Décor. When a customer purchases a framed print, the print is framed at Wall Décor and shipped within 48 hours.

Each Greetings store has a computer linked to Wall Décor’s Web server so Greetings customers can browse the many options to make a selection. Once a selection is made, the customer can complete the order immediately. Store employees are trained to help customers use the website and complete the purchase. The advantage to this approach is that each Greetings store, through the Wall Décor website, can offer a wide variety of prints, yet the individual Greetings stores do not have to hold any inventory of prints or framing materials. About the only cost to the individual store is the computer and high-speed line connection to Wall Décor. The advantage to the customer is the wide variety of unframed and framed print items that can be conveniently purchased and delivered to the home or business, or to a third party as a gift.

Wall Décor uses a traditional job-order costing system. Operation of Wall Décor would be substantially less complicated, and overhead costs would be substantially less, if it sold only unframed prints. Unframed prints require no additional processing, and they can be easily shipped in simple protective tubes. Framing and matting requires the company to have multiple matting colors and frame styles, which requires considerable warehouse space. It also requires skilled employees to assemble the products and more expensive packaging procedures.

Manufacturing overhead is allocated to each unframed or framed print, based on the cost of the print. This overhead allocation approach is based on the assumption that more expensive prints will usually be framed and therefore more overhead costs should be assigned to these items. The predetermined overhead rate is the total expected manufacturing overhead divided by the total expected cost of prints. This method of allocation appeared reasonable to the accounting team and distribution floor manager. Direct labor costs for unframed prints consist of picking the prints off the shelf and packaging them for shipment. For framed prints, direct labor costs consist of picking the prints, framing, matting, and packaging.

The information in Illustration CA 1-1 on the next page for unframed and framed prints was collected by the accounting and production teams. The manufacturing overhead budget is presented in Illustration CA 1-2.

Illustration CA 1-1 Information about prints and framed items for Wall Décor

Illustration CA 1-2 Manufacturing overhead budget for Wall Décor

Exercises

Instructions Use the information in the case and your reading from Chapters 1 and 2 of the text to answer each of the following questions.

1 Define and explain the meaning of a predetermined manufacturing overhead rate that is applied in a job-order costing system.

2 What are the advantages and disadvantages of using the cost of each print as a manufacturing overhead cost driver?

3 Using the information on the next page, compute and interpret the predetermined manufacturing overhead rate for Wall Décor.

4 Compute the product cost for the following three items.

(a) Lance Armstrong unframed print (base cost of print $12).

(b) John Elway print in steel frame, no mat (base cost of print $16).

(c) Lambeau Field print in wood frame with mat (base cost of print $20).

5 (a) How much of the total overhead cost is expected to be allocated to unframed prints?
(b) How much of the total overhead cost is expected to be allocated to steel framed prints?
(c) How much of the total overhead cost is expected to be allocated to wood framed prints?
(d) What percentage of the total overhead cost is expected to be allocated to unframed prints?

6 Do you think the amount of overhead allocated to the three product categories is reasonable? Relate your response to this question to your findings in previous questions.

7 Anticipate business problems that may result from allocating manufacturing overhead based on the cost of the prints.

FIN 370 Finance_Week 2 Lab_Your firm is considering a new investment proposal_Answer


Your firm is considering a new investment proposal and would like to calculate its weighted average cost of capital. To help this, compute the cost of capital for the firm for the following:
a. A bond that has a $1,000 par value (face value) and a contract or a coupon interest rate of 12.5%.
The bond is currently selling for a price of $1,129 and will mature in 10 years. The firm’s tax rate is 34%.
b. If the firm’s bonds are not frequently traded how would you go about determining a cost of debt for this company?
c. A new common stock issue that paid $1.79dividend last year. The par value of the stock is $15 and the firm’s dividends per share have grown at a rate of 7.5% per year. The growth rate is expected to continue in the foreseeable future. The price of the stock now is $28.43.
d. A preferred stock paying a 10.4% dividend on $128 par value. The preferred shares are currently selling for $148.16.
e. A bond selling to yield 12.9% for the purchaser of the bond. The borrowing firm faces a tax rate of 34%.

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A researcher estimated that the price elasticity of demand for automobiles Answer

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A researcher estimated that the price elasticity of demand for automobiles Answer


 


A researcher estimated that the price elasticity of demand for automobiles in the United States is -1.2, while the income elasticity of demand is 3.0. Next year, U.S. auto makers intent to increase the average price of automobiles by 5 percent, and they expect consumers’ disposable income to rise by 3 percent.
a) if sales of domestically produced automobiles are 8 million this year, how many automobiles do you expect US automakers to sell next year?
b) By how much should domestic automakers increase the price of automobiles if they wish to increase sales by 5 percent next year?

A researcher estimated that the price elasticity of demand for automobiles Answer


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Discuss how the new international business environment is causing this path to market expansion to change Answer

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Discuss how the new international business environment is causing this path to market expansion to change Answer


 


Discuss how the new international business environment is causing this path to market expansion to change.

Do you think the currency volatility and financial ratings of countries affect foreign investment decisions?

Do you agree with the statement that countries with stronger currency invest in countries with weaker currencies?

How would you analyze this development and purchase of American companies by businesses from emerging economies?

Discuss how the new international business environment is causing this path to market expansion to change Answer


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BUS 698 Week 4 Assignment Manufacturer End-Customer Relations Answer

BUS 698 Week 4 Assignment Manufacturer End-Customer Relations Answer

BUS 698 Week 4 Assignment Manufacturer End-Customer Relations Answer

Business – General Business

Manufacturer/End-Customer Relations. Analyze the relationship between manufacturers and end-customers. Why may integrating the supply chain as discussed in Chapter 8 of Logistics Management and Strategy create conflicting objectives between the two? Document your sources. Write your findings as a three to four page paper (not including title and reference pages) formatted according to APA style as shown in the approved style guide.

Your paper must include a minimum of one to two sources, including the textbook.

For getting the instant digital download solution, Please click on the “PURCHASE” link below to get “BUS 698 Week 4 Assignment Manufacturer End-Customer Relations Answer”.

Please click on the below link and make an instant purchase. You will be guided to the PAYPAL Standard payment page wherein you can pay and you will receive an email immediately with a download link. Please note that in case of technical glitch, the solutions will be emailed to you within 24 hours.

In case you find any problem in getting the download link or downloading the tutorial, please send us an email on mail@genietutorial.com

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