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Determining appropriate product costs is essential to reporting a reliable inventory valuation. Fraud examiners have indicated that scams that involve product costs and expenses are relatively easy to detect. Based on our readings and, possibly, your experience, discuss some ways in which you think accounting fraud could be committed through product costing. 1-2 paragraphs please.

Problem 1 (5pts) Company A and B can borrow for a 3-year term at the following rates. While A desires fixed rate borrowing, B prefers floating rate borrowing. Fixed Rate Floating Rate A 8.5% LIBOR + 0.5% B 7% LIBOR The swap bank currently makes a market for plain vanilla 3-year interest rate swaps at […]

HUMN 330 Ethical Autobiography RubricLevels of AchievementCriteriaProficientSatisfactoryPoor24 (24%) to 29 (29%)The introduction is not clear orcontains an excess of information.The body of the paper shows lapsesin paragraphs or poor transitions. Thepaper does not effectively sum up themajor ideas of the paper.0 (0%) to 23 (23%)The introduction is vague orlacking. There are multiple lapses inparagraphs or […]

According to Catalyst, based on a survey of Fortune 500 companies, 14% of Executive Officer positions in 2012 were female. Answer the following questions based on a random sample of 12 corporate officers:a. What is the probability that one corporate officer was female?

Lucshin, Inc., has the following selected account titles and balances in its general ledger on December 31, 19X4:Accounts Payable$ 13,000Cash$ 10,000Plant Building120,000Goodwill4,000Sinking Fund14,000Accou nts Receivable18,000Retained EarningsJJ3,000Treasury Stock (at cost)(30,000)Note Payable (short-term)32,000Land (plant)84,000Sales85,000Machinery22,000Merchandise Inventory17,000Copyright9,000Equ ipment48,000Bond Payable50,000Pension Fund24,000Common Stock120,000Paid-in Capital in Excess of Par60,000Note Payable (long-term)12,000

Give an example of a stereotype that is (or was) perpetuated through popular culture or the media. This can be a current example or an example from a previous era. Be sure to share the example by posting a YouTube link or another web link or by uploading a picture within your Discussion Board post. […]

Suppose the risk-free interest rate is 4% and the market portfolio has an expected return of 10% and a volatility of 16%. Star plc stock has a 30% volatility and a correlation with the market of 0.6. You want to create a portfolio consisting of shares in Star plc plus a risk-free asset. You would […]

This chapter provides synopses of national accounting practice systems in five countries.Required:For each country, list:a. The name of the national financial accounting standard-setting board or agency.b. The name of the agency, institute, or other organization charged with supervising and enforcing financial accounting standards.

PSA1.3 Ultimo Travel Goods Pty Ltd was formed on 1 July 2011. At 30 June 2012, Mark Austin, the managing director and major shareholder, decided to prepare a statement of financial position, which appeared as follows:ULTIMO TRAVEL GOODS PTY LTDStatement of Financial Positionas at 30 June 2012AssetsLiabilities and equityCash$20 000Accounts payable$40 000Accounts receivable55 000Notes payable15 […]

A journalist was interested in college students’ knowledge of current events. The journalist compared a large group of college students to the general public using a questionnaire about recent items in the news. In this study, she tested large numbers of people and had a very high level of power. No significant result was found, […]