Explain how managerial accounting differs from financial accounting and discuss two questions that might be answered using managerial accounting reports.
Support your rationale with examples and provide one academic resource.
In: Accounting
After your graduation, you will be in an academic or clinical field. Depending on your field choice, discuss one nursing theory and identify the effect the implications of this theory could have on nursing administration, management, or education.
In: Nursing
Explain how managerial accounting differs from financial accounting and discuss two questions that might be answered using managerial accounting reports. Support your rationale with examples and provide one academic resource.
In: Accounting
Describe an application of multivariate statistical analysis that is specific to your industry(Education or Scientific Research) or to your academic interests(data science). Explain why this technique is suitable in terms of measurement scale of variables and their roles.
In: Statistics and Probability
In: Psychology
A $3500 bond paying interest at j1 = 10% matures on June 1, 2030. On July 22, 2004, it was purchased for $3551 plus bond interest. On April 3, 2009, it was sold for $3443 plus bond interest. Estimate the yield j1 by the method of averages.
In: Finance
SIU is a university in the UK catering for international students. There are currently 950 students. Fees were £16,000 for the last year and the president is concerned that adverse changes in the economic and educational environment are threatening the university’s future. The income of the market is expected to decline next year by 2%, and it is also expected that the average fee of competitive institutions will fall from £14,000 to £12,000. 10% of revenue is currently spent on promotion. The president does some research and estimates that the relevant demand elasticities are as follows:
PED = -1.6, YED = 2.2, AED = 1.8, CED = 0.8.
f. Briefly outline other marketing mix options for achieving the target (50 words
In: Economics
|
As the auditor of Maisha Clouds, a software firm in Colchester, Simon Accountants is concerned about the liability accounts of the company. Following some unusual changes in the liability accounts, the amount of total liability has decreased by 12% compared to that in the previous year. Yet the company has experienced a growth in terms of scope and scale of operations. The auditors are somewhat sceptical and wish to check whether there are any unrecorded liabilities. |
|||
|
Required: |
|||
|
a. |
Discuss FIVE audit procedures for unrecorded liabilities. Support your answer with example(s). |
||
|
Marina Accountants is the auditor for Byron Bay Manufacturers Limited in 2019 for the year ended on December 31, 2018. Byron Bay has a policy of returning goods when customers are dissatisfied with a product within a particular period beyond the date of purchase. The cost of refunds is probable and is estimated to be £950,000 on December 31, 2018. Although this amount is considered material, the company, however, did not make any provision in the statements. |
|||
|
Required: |
|||
|
b. |
Discuss what Marina Accountants should recommend Byron Bay in such circumstances. |
||
|
c. |
Discuss FOUR directions of UK GAAP regarding the treatment of contingent liabilities. |
||
|
d. |
Discuss the criteria for treating contingencies. Support your answer with example(s). |
||
In: Accounting
You purchased a European foreign exchange option contract to buy 5000 UK pound at the price of $1.30/£ which expires today. You have paid $140 for the contract. Suppose the spot rate on the expiration date, today, is $1.32/£, what will be your optimal decision for the contract (exercise or not exercise)? Discuss why or why not.
In: Finance
Lets discuss various multi country trade agreements. Most notable, lets talk about Brexit. As the UK leaves the EU, trade agreements have to be renegotiated. In the process, the location of production, distribution, warehousing facilities has to be reconsidered. Pick a company and discuss how changing trade agreements are affecting the location decisions
In: Economics