If I were an accountant two business sectors that I would be interested in would be in management accounting or forensic accounting. Management accounting is being available to management within companies to provide them with information that will overall help them manage and control the business more efficiently. Business recovery is helping businesses in financial distress to recover financially. While I am not interested in the accounting field, these were two sections that really caught my eye
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It was through Appendix F in which I arrived at my first career choice, physician, and my three viable alternatives, mental health counselor, pharmacist, and occupational therapist. Across the top of the blank matrix title, Career Decision-Making Matrix, I listed the occupational prospects in which I had researched. The occupational prospects were: physician, mental health counselor, emergency medical technician, occupational therapist, pharmacist, and school counselor. Down the left side of the
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Running Head: INTERNAL CONTROLS Internal Controls XACC 280 Internal Controls This paper will cover the ins and outs of internal controls. It will also tell why they are important not only to companies, but why they are important to investors, creditors, and even the public too. Internal controls are a serious of methods and measures that companies put in place to insure that errors or irregularities in the accounting process do not happen very often. In every company there is
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1. Create constancy of purpose for improvement of products and services This point of Deming’s philosophy argues about the constancy and improvement in product and services, Kinnaird has its specified purpose which is to provide quality education to the students and is stick to it. But Kinnaird has performed some initiatives which can help them in continuous improvement of their institute. It has a specific standard and has set a merit which helps them in selecting the best candidates to study in
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Question 14 Do you see different images if you look right to left versus left to right? Did you share perspectives with someone else? Did their views increase your ability to see the whole picture? In picture 3 I can see a difference when changing my view angle. I seem to make out a rabbit when looking at it differently. Through sharing this image with someone else my ability to see the change in the object became decreased, this was as it became harder to see the duck that I originally saw when
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On day one, I was assigned to the Republican party and my constituents were rural and blue collared workers. Right after I was assigned, I became the speaker of the House. I had the job to assign everyone in the Republican party to a committee. I listened to what other congress members felt about which committee they feel comfortable with and then assigned them to that committee. The three committees that we had were the Ways and Means committee, the Appropriations Committee, and the Armed Services
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1. What are some non-tax considerations that should be taken into account in determining whether to operate a business as a partnership or corporation? There are couple things other than tax that need to be considered before staring a business. In a partnership, the owners are personally liable for the partnership’s debt, which means if the assets within partnership could not satisfied, owners are responsible for the remaining balance. However, owners of a corporation are generally not liable for
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1. In what position is your portfolio in the game? What do you think led you to be in that position (whether it was a good decision or poor decision)? My position in the game is about 870th in the region. I think I got into this positon because I don’t have a full understanding of what stock is and my focus is on the HR Block Budget game. 2. Looking at the stocks you own now, which two are performing the best? Are either of these the same stocks that were performing the best last week? What
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Accounting Assumptions, Principles, and Constraints The four assumptions used by an accountant are accounting entity, money measurement, going concern, and accounting period. The accounting entity is an assumption that allows the accountant to separate the business transactions from the owner’s transactions. Dealing with the money measurement, “This assumption requires use of monetary unit as a basis of measurement, i.e., the currency of the country where the organization is to report its operations”
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1. Evaluate the following statement. Is it a valid statement? If so, why is it valid; if not, why is it not valid? Cut out the middleman (retailers, distributors, etc.) and you will reduce the prices consumers pay for products. The distribution of products rarely flows from producer directly to the consumer. Rather, supply chains are developed to distribute products to consumers. Decisions related to distribution and supply chain are highly important. Some believe that cutting out the middleman
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