Posted on 17 August 2011. Tags: Asset, company budget, current assets, current liabilities, current liability, intangible assets, LIABILITY, long term liabilities, notes receivable, petty cash fund, Plant, Sheet, sinking fund, treasury stock, use
E5-3B (Classification of Balance Sheet Accounts) Assume that Clark Enterprises uses the following headings on its balance sheet.
(a) Current assets. (f) Current liabilities.
(b) Investments. (g) Long-term liabilities.
(c) Property, plant, and equipment. (h) Capital stock.
(d) Intangible assets. (i) Paid-in capital in excess of par.
(e) Other assets. (j) Retained earnings.
Instructions
Indicate by letter how each of the following usually should be classified. If an item should appear in a note to the financial statements, use the letter “N” to indicate this fact. If an item need not be reported at all on the balance sheet, use the letter “X.”
1. twenty-year issue of bonds payable that will mature within the next year. (No sinking fund exists, and refunding is not planned.).
2. Machinery retired from use and held for sale.
3. Discount on bonds payable. (Assume related companies to bonds payable in No. 1, above.)
4. Accumulated depreciation..
5. Salaries that company budget shows will be paid to employees within the next year.
6. Accrued interest on bonds payable..
7. Fully depreciated machine still in use.
8. Accrued interest on notes receivable
9. Premium on preferred stock
10. Copyrights
11. Unearned subscriptions revenue.
12. Stock owned in affiliated
13. Advances to suppliers.
14. Treasury stock
15. Unearned rent revenue.
16. Sales tax payable
17. Petty cash fund
18. Unexpired insurance.
THIS IS THE ANSWER THAT I GOT
1. Twenty-Year issue of bonds payable that will mature within the next year. (No sinking fund exists, and refunding is not planned)
(f) CURRENT LIABILITY
2. Machinery retired from use and held for sale
(a) CURRENT ASSETS
(e) OTHER ASSETS
3. Discount on bonds payable. (Assume related to bonds payable in No. 12)
(f) CURRENT LIABILITY
4. Accumulated depreciation
(c) PROPERTY, PLANT AND EQUIPMENT
5. Salaries that company budget shows will be paid to employees within the next year.
“X”
.
6. Accrued interest on bonds payable
(f) CURRENT LIABILITY
7. Fully depreciated machine still in use
(c) PROPERTY, PLANT, AND EQUIPMENT OR “N”
.
8. Accrued interest on notes receivable
(a) CURRENT ASSET
9. Premium on preferred stock
(i) PAID-IN CAPITAL IN EXCESS OF PAR
10. Copyrights
(d) INTANGIBLE ASSETS
11. Unearned subscriptions revenue
(f) CURRENT LIABILITY
.
12. Stock owned in affiliated companies
(b) INVESTMENT
13. Advances to suppliers
(a) CURRENT ASSET
.
14. Treasury stock
(a) CURRENT ASSET
(i) PAID-IN CAPITAL IN EXCESS OF PAR
15. Unearned rent revenue
(f) CURRENT LIABILITY
.
16. Sales tax payable
(f) CURRENT LIABILITY
17. Petty Cash fund
(a) CURRENT ASSET
18. Unexpired Insurance
(a) CURRENT ASSET
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Posted on 02 July 2011. Tags: Access, aggregate reports, business, e commerce solution, employee satisfaction, hr module, information, innovation strategy, market niche, performance appraisals, performance processes, Security, target markets, use, use of information technology
34. There are several basic strategies for business uses of information technology. What is an appropriate use of information technology (IT) if a company wants to develop a competitive innovation strategy?
A. Using IT to diversify and integrate into other products
B. Using IT to develop a unique new market
C. Using IT to reduce the cost of business processes
D. Using IT to focus products at a selected market niche
35. A large retail business whose primary customers are the end-users of their products wants to reach international customers with their products and services. How could this business use Internet technologies to create the greatest strategic advantage?
A. Develop an Internet tracking system to determine how many international customers are interested in their products.
B. Open sales offices in foreign countries that are connected to the corporate intranet to do in-person marketing.
C. Implement an e-commerce solution and use Web sites for promoting the sales of products and services with interactive service and support.
D. Do market research in foreign countries and send e-mail to potential customers in target markets.
36. A company completes employee performance reviews once per year and relies on management to give each employee a fair and accurate appraisal. The company has implemented a new enterprise system that has a human resource (HR) module. By re-engineering the employee performance processes, how should the company most effectively use the new HR module?
A. To capture performance reviews online and store for future management review
B. To track performance goals, measure employee performance, and provide quarterly results against goals
C. To collect employee satisfaction metrics and provide aggregate reports to management
D. To enable employees to review prior performance appraisals online and print them as needed
37. How can creating a virtual company provide a company with competitive advantage?
A. By studying in detail the information needs of users within the company and developing products to address those needs.
B. By ensuring the accuracy, integrity and safety of business activities and resources.
C. By establishing rigid structures that create stable, long term relationships between customers and suppliers.
D. By creating flexible and adaptable alliances and exploiting fast-changing business opportunities.
38. How does establishing a Knowledge Management System provide a competitive advantage for a company?
A. It helps re-engineer a company’s business processes.
B. It reduces the amount of change in the marketplace.
C. It streamlines administrative reporting.
D. It helps with innovation resulting in high quality products.
39.
How does establishing a Knowledge Management System provide a competitive advantage for a company?
A. It helps re-engineer a company’s business processes.
B. It reduces the amount of change in the marketplace.
C. It streamlines administrative reporting.
D. It helps with innovation resulting in high quality products.
40. A hacker creates hidden ways to access a network in case the original entry point is discovered. Which type of security risk is this?
A. Logic Bomb
B. Back Door
C. Sniffing
D. Dumpster Diving
41. What would be used to defend against Denial of Service attacks?
A. Use encryption software to protect data that resides on company servers as well as information transmitted over the Internet.
B. Deploy biometric security so access to crucial data servers is limited to only those who need access.
C. Purchase and install adware scanning software on all company computers and update software periodically.
D. Have backup web servers with multiple routers that limit connections to each server.
42. Which security measure would defeat a potential Internet-based attack to a company’s computer system?
A. Creating backup files using child, parent, and grandfather file types
B. Ensuring that all application systems have a Graphical User Interface (GUI)
C. Developing a Disaster Recovery Plan
D. Instituting a policy to limit access to databases by Database Administrators
43. Which type of system would provide the most effective disaster recovery method for a hospital’s patient information system?
A. Backup Code System
B. Biometric Security System
C. Computer Controls System
D. Fault Tolerant System
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Posted on 29 June 2011. Tags: alternative school, arguements, counselor, crack, drug use, dudes, gangsters, grade 9, gutter, hey guys, meth, New, Stuff, stupid question, use
Hey guys so I just finished grade 9 and my counselor near the end of the year asked me to leave and go to alternative school because of drugs (he couldn’t prove it, but rumors had started up – I was recovering from heavy drug use and stuff so ya). The alternative school I’m going to has only 22 students, and like 2 teachers and a couple staff. I know a couple people at this school but they’ve both gotten into smoking crack and I have just gotten off meth and I don’t want to go down this path again but I used to be friends with these dudes, and they’re super chill and lots of shared interests and all that but I’m honestly scared I’ll get into harsh drugs again and I’m at the point where if people around me are doing it, I will probably do it because I’ll remember and crave. Like I know this is a really stupid question but I’m gonna be in a confined, small area with old friends who do crack…And btw the last couple months I got into a lot of arguements with my other friends so like IDK what to do. I probably won’t be talking to anyone from my old school. Also at this particular school there are either gang affiliated (they come from a ghetto like part of town, they’re friends with gangsters) or these old crackhead friends. Any advice on dealing with these guys? Before they got kicked out of my old school they often crashed at my house because they were kicked out, and this one guy liked me and I’ve always liked him but if I go out with him it’ll get worse even more.
How do I deal with next year? I’ve just recieved the acceptance into the school and it IS the answer for my schooling and I am for sure going, I just need a bit of advice. Thanks.
PS. No need, to tell me to report them to smoking crack trust me it’s fine, I’ve known these guys for a while and it’s sort of a “drug/rock n roll community” that I’m included but don’t want to land face first into the gutter again…
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Posted on 18 June 2011. Tags: agent, amp, delaware, estimates, full time, Mover, movers, owner operators, trucks, united van lines, use, van
I’ve gotten 3 estimates & narrowed it down to 2. I’ll be using a local agent affiliated with either North American or United van lines for a move from Delaware to Wisconsin. Which should I choose? Do both use owner-operators or do they own their trucks and drivers/movers work full-time for them?
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Posted on 02 June 2011. Tags: Amphibian, charles darwin, chordate classification, Essay, life on earth, mammal, natural selection, organ system, Plant, protist, segmented worm, sexual reproduction, Someone, use, vascular plant
in science we have to write a final essay describing life on earth. here are the directions:
Write an essay describing life on earth. Which are the first organisms to appear? How are later organisms able to evolve? In what order did they appear? How are they different? Please use the following words in your essay
Algae
Amphibian
Angiosperm
Annelid (Segmented worm)
Arthropod
Asexual reproduction
Bacteria
Biome
Bird
Cell
Charles Darwin
Chordate
Classification
Cnidarian
Cold Blooded
Competition
Consumer
Echinoderm
Environment
Evolution
Fish
Flatworm
Gene
Gymnosperm
Insect
Invertebrate
Mammal
Molecule
Mollusk
Moneran
Natural selection
Niche
Nonvascular plant
Nucleus
Ocean
Organ
Organism
Organ system
Population
Producer
Protist
Reptile
Roundworm
Sexual reproduction
Species
Tissue
Vascular plant
Vertebrate
Virus
Warm blooded
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Posted on 02 June 2011. Tags: 4 months, Affiliate, affiliate businesses, affiliate opportunities, cheers, Home, Junk, Stuck, use
Anyone use affiliate businesses to increase their income? I have joined a few that appear to be worthwhile but there is an amazing amount of junk on the internet. Most people who create those sites seem to have the inability to use spell check.
Any ideas as I have another 4 months of sitting around.
Cheers
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