What is accounting?if one of your friends asked you " what is accounting ?" how...

What is accounting?

if one of your friends asked you " what is accounting ?" how would you respond to them?

what ate sime commin stereotypes people have about learning accounting or the people that work as accountants?

Expert Solution

ekkarill92 answered 2 years ago

You surveyed 20 of your friends and asked them how much they spend on coffee at...

You surveyed 20 of your friends and asked them how much they spend on coffee at Starbucks each week. Their responses ranged from $0 to $22.50 and the average was $8.64. You decide to create a histogram of the data. Which of the following is the best set of bins to use? a. [0-25.00] b. [5.00-10.00], [11.00-15.00] and [22.00-25.00] c. [0-10.00], [5.00-15.00], [10.00-20.00] and [15.00-25.00] d. [0.00-5.99], [6.00-11.99], [12.00-17.99] and [18.00-23.99]

One of your friends who has not studied auditing tells you that accounting and auditing are...

One of your friends who has not studied auditing tells you that accounting and auditing are the same as they all involve financial statements and accounting standards. Please explain to him based on your understanding in this unit.

You asked your friends, John and Jim to tell you how much EXTRA satisfaction they get...

You asked your friends, John and Jim to tell you how much EXTRA satisfaction they get by drinking wine and beer. Their answers are in the table below for the first four glasses of wine and beer respectively. John – MUbeer John - MUwine Jim-MUbeer Jim-MUwine 1 20 30 15 7 2 18 25 14 5 3 15 20 13 3 4 10 15 11 1 Currently John has 2 glasses of beer and 2 glasses of wine in front...

What is shaping? Explain how you could use shaping to get one of your friends to...

What is shaping? Explain how you could use shaping to get one of your friends to say kind things to you while you are walking to class. Must be at least 150 words, please. (cannot use food of any kind)

1) When you or one of your friends is looking for a part-time job, how many...

1) When you or one of your friends is looking for a part-time job, how many weeks does it typically take? After you find a job, how many weeks does it typically last? 2) From your estimates, calculate (in a rate per week) your rate of job finding f and your rate of job separation s. (Hint: If f is the rate of job finding, then the average spell of unemployment is 1/f.) 3) What is the natural rate of...

You are out playing golf one day with your friends. And you decide to use your...

You are out playing golf one day with your friends. And you decide to use your 60° wedge to play a shot. The start of the green is right at 110 meters away and the back is at 135 meters. Your club has a mass of .33 kg and the golf ball has a mass of 40 grams or .04 kg. You swing the golf club with a speed of 32 m/s. Part 1. Say that we treat this as...

a) One of your friends called you to say that a message suddenly appeared on his...

a) One of your friends called you to say that a message suddenly appeared on his screen that says his/her software licence has expired and he/she must immediately pay $2000 to have it renewed before control of the computer will be returned to him/her. Identify and discuss this malware. Being a student of networking/cyber- security, what recommendations would you give to your friend regarding the importance of information security and how to mitigate this kind of malware attack? b) You...

You are an accounting student and have just completed your second year. You are asked by...

You are an accounting student and have just completed your second year. You are asked by your uncle to do his books. You agree to do so. Your uncle tells you he wants to pay as little tax as possible and has asked you to include accounts for his personal spending in his business accounts to increase expenses, so that he appears to make a smaller profit. Your uncle does not keep clear records of certain transactions. Payments are often...

You plan to visit one of your friends living in Colorado, America in three months. You...

You plan to visit one of your friends living in Colorado, America in three months. You expect to incur the total cost of US$20,000 for lodging, meals, and transportation during your stay. As of today, the spot exchange rate is RM_____/ US$ and the three-month forward rate is RM_____/ US$ (please refer to Table 1 below for your given rates). You can buy the three-month call option on US$ with the exercise rate of RM4.3/ US$ for the premium of...

Imagine that you work in the accounting department of a university and your boss has asked...

Imagine that you work in the accounting department of a university and your boss has asked you to explain components of revenue, expenses, and changes in net asset that are reported on the university’s statement of revenues. Respond to the following in a minimum of 175 words: Discuss at least two unique situations or transactions that you may encounter. Describe any circumstances the entity may engage in activities that result in Unrelated Business Income Tax (UBIT).

Question