Module 2 Exercises Problem 1: 1. Process cost systems are used to apply costs to similar products that are mass-produced in a continuous fashion. ANSWER = TRUE 2. A process cost system is used when each finished unit is indistinguishable from another. ANSWER = TRUE 3. Companies that produce soft drinks‚ motion pictures‚ and computers chips would all use process cost accounting. ANSWER = FALSE -Companies that produce soft drinks and computer chips would all use process cost accounting
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this paper is to design a flowchart for a process. This paper will select a process that I complete every day but would like to spend less time doing. The flowchart will be designed using an appropriate tool. This flowchart will include comments on the factors that affect the process design. This paper will identify one metric that is needed to measure the process. The flowchart will include data for the identified metric everyday of the work week. Process and Flowchart Tool The process to that
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Module 2 Homework Total Points: 40 Chapter 3 1) Unearned revenues are reported as liabilities on the balance sheet. True or False Answer: Unearned revenues are payments provided to a company before the goods or services are provided. Unearned revenues are liabilities reported on the balance sheet. 2) Colby Corporation has provided the following information: Operating revenues were $199‚700. Operating expenses were $111‚000. Interest expense was $9‚200. Gain from sale of plant and equipment
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Module 2 Homework + Answers Total Points: 40 Chapter 3 1) Unearned revenues are reported as liabilities on the balance sheet. True or False Answer: Unearned revenues are payments provided to a company before the goods or services are provided. Unearned revenues are liabilities reported on the balance sheet. 2) Colby Corporation has provided the following information: Operating revenues were $199‚700. Operating expenses were $111‚000. Interest expense was $9‚200. Gain from sale of
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less equipment to make breakfast. Included in this report is a flowchart that describes the process for preparing the meal and cleaning the dishes‚ factors that change the process‚ and a metric to determine each step within the process. I needed to take several steps to prepare breakfast‚ clean the cooking equipment and clean the dishes before I could leave for work. Some steps seemed to be a waste of time. Below is a flowchart describing the steps I took to complete the morning routine
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Assignments: 1. INDIVIDUALLY‚ prepare an Excel flowchart for the narrative posted on D2L. Submit your Excel file of your flowchart before the deadline posted on the D2L drop box. Identify the appropriate individuals‚ departments‚ or computer processing involved within the business process. Label the columns with these items. Identify the steps‚ procedures‚ and documents used in the process. Use the appropriate symbols to depict who does the steps and procedures‚ how documents originate‚ how
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In my assignment I will explain what is assessment and how is used‚ evaluate assessment methods and process that I use in my teaching practise. How will the results of student’s work help me and the student to give and get the right guidance to achieve their goal in the set criteria and standard. There are many assessing methods‚ which are used to assess student’s skill‚ knowledge‚ understanding and ability. As Gray states ‘assessment is a process by which evidence of student achievement is obtained
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division. Algorithm Step 1: Initialize Total‚ First Division‚ Total _Mark sheets _Checked to zero. Step 2: Take the mark sheet of the next student. Step 3: Check the division column of the mark sheet to see if it is FIRST. If no‚ go to Step 5. Step 4: Add 1 to Total First Division. Step 5: Add I to Total_Marksheets_Checked Step 6: Is Total_Marksheets_Checked = 50? ifno‚ go to Step 2. Step 7: Print TotaI First_Division. Step 8: Stop. There are 100 employees in an organization. The organization
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BARTENDING MODULE The Bartenders Station/Bar Set up/Liquor Arrangement Parts of a Bar 1. Front Bar 2. Back Bar 3. Under Bar Bar Design and Layout What is a Cocktail? Cocktail-is a class of alcoholic beverage that is derived by mixing one or more of the other classes of alcoholic beverages with or without flavoring‚ eggs‚ non-alcoholic beverages‚ juices or water. It is also a mixed drinks. The modern definition of a cocktail is a drink composed of at least two ingredients
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Process Flowchart‚ Driving to Work Understanding processes and the various decision points provide a structured framework to measure efficiency. Processes include many factors‚ from direct decision points to external influences that affect the outcome. Additional‚ processes often have a service component‚ which influences the decision points. Process – Driving to Work Each workday‚ I must drive to work. During that commute‚ most days I must also make sure my daughter gets to school. On
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