question bank - SIETK ECE Dept
... UNIT-II 1. Which of the following is the technical relationship that reveals the maximum amount of output capable of being produced by each and every set of inputs? (A)Cobb-Douglas production function ...
... UNIT-II 1. Which of the following is the technical relationship that reveals the maximum amount of output capable of being produced by each and every set of inputs? (A)Cobb-Douglas production function ...
LEDGER
... You know that the purpose of opening an account in the ledger is to bring all related items of this account which might have been recorded in different books of accounts on different dates at one place. The process involved in this exercise is called posting in the ledger. This procedure is adopted ...
... You know that the purpose of opening an account in the ledger is to bring all related items of this account which might have been recorded in different books of accounts on different dates at one place. The process involved in this exercise is called posting in the ledger. This procedure is adopted ...
accounting revision notes and assessment tasks
... As a general rule under the single entry practice only the personal aspects of the transactions are recorded and the nominal and real aspects are omitted altogether. Correct final accounts of a business can be prepared if the records are maintained under the double entry system. However, where the r ...
... As a general rule under the single entry practice only the personal aspects of the transactions are recorded and the nominal and real aspects are omitted altogether. Correct final accounts of a business can be prepared if the records are maintained under the double entry system. However, where the r ...
GSFIC Revenue Recognition
... Note: If an administrative fee, or collection fee, is deducted by the collecting agency, amounts about recorded as Ad valorem taxes would need to be adjusted accordingly. In lieu of the two GAAP-based methods described above, most LUAs record property taxes on a cash basis during the year debiting c ...
... Note: If an administrative fee, or collection fee, is deducted by the collecting agency, amounts about recorded as Ad valorem taxes would need to be adjusted accordingly. In lieu of the two GAAP-based methods described above, most LUAs record property taxes on a cash basis during the year debiting c ...
Auditors` Reports
... determination of certified public accountants to safeguard the public interest. J.L Carey (Professional Ethics of Public Accounting) ...
... determination of certified public accountants to safeguard the public interest. J.L Carey (Professional Ethics of Public Accounting) ...
Treasurer`s Guide - Methacton School District
... Processing Transactions (deposits/withdrawals) - In terms of processing funds (checks and cash) for deposit, typically a two–week window is considered reasonable; likewise for reimbursements. Please note that this is from the time the Treasurer receives the funds and does not include the time the ...
... Processing Transactions (deposits/withdrawals) - In terms of processing funds (checks and cash) for deposit, typically a two–week window is considered reasonable; likewise for reimbursements. Please note that this is from the time the Treasurer receives the funds and does not include the time the ...
Accounting for Current Liabilities
... Reproduction or translation of this work beyond that permitted in Section 117 of the 1976 United States Copyright Act without the express written permission of the copyright owner is unlawful. Request for further information should be addressed to the Permissions Department, John Wiley & Sons, Inc. ...
... Reproduction or translation of this work beyond that permitted in Section 117 of the 1976 United States Copyright Act without the express written permission of the copyright owner is unlawful. Request for further information should be addressed to the Permissions Department, John Wiley & Sons, Inc. ...
Understanding Cooperative Bookkeeping and Financial Statements
... This guide has been designed to present the very basics in bookkeeping and cooperative financial statements. The format is designed for those that have limited bookkeeping or accounting experience. It is not meant to be all inclusive, but to provide guidance in developing the cooperative’s record ke ...
... This guide has been designed to present the very basics in bookkeeping and cooperative financial statements. The format is designed for those that have limited bookkeeping or accounting experience. It is not meant to be all inclusive, but to provide guidance in developing the cooperative’s record ke ...
accounting process - ICAI Knowledge Gateway
... as ‘Accounting Equation’. Basic accounting equation comes into picture when sum total of capital and liabilities equalises assets, where assets are what the business owns and capital and liabilities are what the business owes. Under double entry system, every business transaction has two-fold effect ...
... as ‘Accounting Equation’. Basic accounting equation comes into picture when sum total of capital and liabilities equalises assets, where assets are what the business owns and capital and liabilities are what the business owes. Under double entry system, every business transaction has two-fold effect ...
Fixed Asset Policy
... thresholds listed in this policy are expensed in the period incurred. Maintenance and repairs: Costs associated with recurring work required to preserve or immediately restore an asset to such condition that it can be effectively used for its designed purpose. Maintenance includes work done to preve ...
... thresholds listed in this policy are expensed in the period incurred. Maintenance and repairs: Costs associated with recurring work required to preserve or immediately restore an asset to such condition that it can be effectively used for its designed purpose. Maintenance includes work done to preve ...
Financial Instruments with Characteristics of Equity The ABI`s
... The ABI is grateful for the opportunity to respond to the International Accounting Standards Board’s Discussion Paper Financial Instruments with Characteristics of Equity. The ABI has also worked closely with the Comite Europeen des Assurances (CEA) and CFO Forum in considering the European insuranc ...
... The ABI is grateful for the opportunity to respond to the International Accounting Standards Board’s Discussion Paper Financial Instruments with Characteristics of Equity. The ABI has also worked closely with the Comite Europeen des Assurances (CEA) and CFO Forum in considering the European insuranc ...
Issue 26 2015
... Whittaker advises building due diligence into the company DNA as a matter of operational practice. “When starting up an SME there are a number of areas where due diligence is advantageous. Start off with your staff; a lot of SMEs take CVs or the recruitment agency’s word for things. Rather do the ch ...
... Whittaker advises building due diligence into the company DNA as a matter of operational practice. “When starting up an SME there are a number of areas where due diligence is advantageous. Start off with your staff; a lot of SMEs take CVs or the recruitment agency’s word for things. Rather do the ch ...
Key Accounting Issues for Nonprofits
... purchased if not provided by donation. Contributions of works of art, historical treasures, and similar assets need not be recognized as revenues and capitalized if the donated items are added to collections held for public exhibition, education, or research in furtherance of public service rather t ...
... purchased if not provided by donation. Contributions of works of art, historical treasures, and similar assets need not be recognized as revenues and capitalized if the donated items are added to collections held for public exhibition, education, or research in furtherance of public service rather t ...
Guide to Certifications
... Accounts Payable Professionals (IAPP) must take and pass the CAPA certification exam. In order to be approved for the exam, candidates must provide employment verification and agree to uphold the IAPP code of ethics. Candidates also must have at least one year of experience with an associate’s degre ...
... Accounts Payable Professionals (IAPP) must take and pass the CAPA certification exam. In order to be approved for the exam, candidates must provide employment verification and agree to uphold the IAPP code of ethics. Candidates also must have at least one year of experience with an associate’s degre ...
Introduction to Accounting
... “A service activity whose function is to provide quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions.” —American Institute of Certified Public Accountants (AICPA) ...
... “A service activity whose function is to provide quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions.” —American Institute of Certified Public Accountants (AICPA) ...
Impact of Inflation Accounting Application on Key Financial Ratios
... 1982; Wilcox, 1983). Several of these studies suggest that declines were clearer for manufacturing than for the broader non-financial sector. A similar study conducted in United Kingdom shows similar results (Walton, 1981) Such studies show that reported profits are overstated and total assets are u ...
... 1982; Wilcox, 1983). Several of these studies suggest that declines were clearer for manufacturing than for the broader non-financial sector. A similar study conducted in United Kingdom shows similar results (Walton, 1981) Such studies show that reported profits are overstated and total assets are u ...
JOURNAL
... during the current year. Thus, in such a case, this amount should not be treated as an expense for this year. It should be treated as an asset in the current year as the services will be received only in the next year (but the payment has been made in this year). As an increase in asset is debited, ...
... during the current year. Thus, in such a case, this amount should not be treated as an expense for this year. It should be treated as an asset in the current year as the services will be received only in the next year (but the payment has been made in this year). As an increase in asset is debited, ...
Chap009
... • Understand the use of control tags, count sheets, scanners, or RFID • Be wary of "hollow squares" and "empty boxes” • Tour shipping and receiving areas • Watch for OBSOLETE and SLOW-MOVING inventory • CONFIRM inventory on CONSIGNMENT and at other ...
... • Understand the use of control tags, count sheets, scanners, or RFID • Be wary of "hollow squares" and "empty boxes” • Tour shipping and receiving areas • Watch for OBSOLETE and SLOW-MOVING inventory • CONFIRM inventory on CONSIGNMENT and at other ...
Accounting and the Business Environment
... accounting principles (GAAP). If the company is publicly traded, then it must also follow SEC guidelines. If the company operates internationally, then international financial reporting standards (IFRS) will apply. The goal is that, eventually, all public U.S. companies will report using IFRS rules. ...
... accounting principles (GAAP). If the company is publicly traded, then it must also follow SEC guidelines. If the company operates internationally, then international financial reporting standards (IFRS) will apply. The goal is that, eventually, all public U.S. companies will report using IFRS rules. ...
Green Accounting and Material Flow Analysis
... Data comparability and validity are ensured by statistical systems which provide standard concepts, methods and classifications. Rather than contributing to the proliferation of ad hoc indicators we address the physical-monetary dichotomy by focusing on two systemic approaches which appear to become ...
... Data comparability and validity are ensured by statistical systems which provide standard concepts, methods and classifications. Rather than contributing to the proliferation of ad hoc indicators we address the physical-monetary dichotomy by focusing on two systemic approaches which appear to become ...
Debits and Credits: Analyzing and Recording Business Transactions
... In Chapter 1 we used the expanded accounting equation to document the financial transactions performed by Mia Wong’s law firm. Remember how long it was: The cash column had a long list of pluses and minuses, with no quick system of recording and summarizing the increases and decreases of cash or oth ...
... In Chapter 1 we used the expanded accounting equation to document the financial transactions performed by Mia Wong’s law firm. Remember how long it was: The cash column had a long list of pluses and minuses, with no quick system of recording and summarizing the increases and decreases of cash or oth ...
Accounting Codes - University of California | Office of The President
... This code is used for the natural classification of expenditures by object, i.e., it "identifies that which is received in return for the expenditures." It is therefore similar in purpose to the subaccount code; however, the object code provides a more detailed breakdown than the subaccount code. Al ...
... This code is used for the natural classification of expenditures by object, i.e., it "identifies that which is received in return for the expenditures." It is therefore similar in purpose to the subaccount code; however, the object code provides a more detailed breakdown than the subaccount code. Al ...
Adjusting Accounts
... be about recognizing that a prepaid asset (e.g. prepaid insurance) has been used over time and the expense of the used amount of the asset must be recognized. Accruals are revenues or expenses that have built up in time (accumulated) but have not been recorded or paid in cash yet. These are usually ...
... be about recognizing that a prepaid asset (e.g. prepaid insurance) has been used over time and the expense of the used amount of the asset must be recognized. Accruals are revenues or expenses that have built up in time (accumulated) but have not been recorded or paid in cash yet. These are usually ...
Chapter 17 - McGraw Hill Higher Education
... relevant range Costs can be categorised as fixed, variable or semivariable Labour productivity, production technology and market conditions do not change There are no capacity changes during the period under consideration continued Copyright 2003 McGraw-Hill Australia Pty Ltd, PPTs t/a Manageme ...
... relevant range Costs can be categorised as fixed, variable or semivariable Labour productivity, production technology and market conditions do not change There are no capacity changes during the period under consideration continued Copyright 2003 McGraw-Hill Australia Pty Ltd, PPTs t/a Manageme ...
History of accounting
The history of accounting or accountancy is thousands of years old and can be traced to ancient civilisations.The early development of accounting dates back to ancient Mesopotamia, and is closely related to developments in writing, counting and money and early auditing systems by the ancient Egyptians and Babylonians. By the time of the Emperor Augustus, the Roman government had access to detailed financial information.Some Hindus believe that the Indian Chanakya created a work similar to a financial management book, during the period of the Maurya Empire. His book ""Arthashasthra"" contains few detailed aspects of maintaining books of accounts for a Sovereign State. The Italian Luca Pacioli, recognized as The Father of accounting and bookeeping was the first person to publish a work on double-entry bookkeeping, which then developed in medieval Europe. Accounting began to transition into an organized profession in the nineteenth century, with local professional bodies in England merging to form the Institute of Chartered Accountants in England and Wales in 1880.