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Reporting questionable activities is the sole responsibility of the IG?
FALSE
What contra account is used when recording and reporting the effects of depreciation and why is it used?
The contra account that is used when recording and reporting the effects of depreciation is called amortization of assets. This account is used to reduce the dollar amount of the asset periodically over time to bring assets to current costs.
Distinguish between the recording and reporting process in accounting?
Recording indicates entering financial transactions into the accounting system such as bank withdrawal, insurance payments and employee salaries. Reporting denotes harvesting the data or transactions that were entered during the recording phase. Report generation can include anything from generating payroll numbers for executives to pulling sales numbers to apply for a loan.
What is the difference between reporting and non reporting entities?
A "non-reporting" entity refers to companies whose stock is publicly traded but which is exempt from reporting to the Securities & Exchange Commission. Usually these companies report publicly by posting financial information on the OTC Markets website voluntarily. These postings, however, are not subject to audit requirements or more generally to SEC reporting requirements. A "reporting" entity refers to companies whose stock is publicly traded and must file financial and other information with the Securities & Exchange Commission.
What is cost accounting and its nature and scope?
Cost accounting is the internal reporting system. It includes cost recording and reporting and cost measurement or estimation. In addition, it includes cost planning, cost control, and cost analysis.
Is hard money or soft money subject reporting requirements?
Hard money is subject to reporting requirements because it includes direct contributions to candidates or political parties which must be disclosed. Soft money, on the other hand, refers to funds donated to political parties for activities not directly supporting a specific candidate and is subject to less stringent reporting requirements.
Are the supervisors responsible for recording and reporting changes in resource status?
no
What are the activities involved in the accounting process?
Activities Involved in Accounting are : 1) Identifying 2) Measuring 3) Recording 4) Classifying 5) Communicating 6) Summarizing 7) Analyzing 8) Interpreting 9) Reporting 10) Decision Making
What system is used for all navy and marine corps for recording and reporting mishaps?
WESS
What are the supervisors roles and responsibilities for Safety Program Management?
Recording and reporting safety metrics
What are three reporting requirements for a company listed on the TSX?
Yes.
Reporting questionable activities is the sole responsibility of the IG?
FALSE
What contra account is used when recording and reporting the effects of depreciation and why is it used?
The contra account that is used when recording and reporting the effects of depreciation is called amortization of assets. This account is used to reduce the dollar amount of the asset periodically over time to bring assets to current costs.
Distinguish between the recording and reporting process in accounting?
Recording indicates entering financial transactions into the accounting system such as bank withdrawal, insurance payments and employee salaries. Reporting denotes harvesting the data or transactions that were entered during the recording phase. Report generation can include anything from generating payroll numbers for executives to pulling sales numbers to apply for a loan.
Requirements for project review and reporting include?
updating the project risk assessment
Is it true Supervisors are responsible for recording and reporting changes in resource status?
Possibly-their duties are not the same in every organization.
What are treasury activities?
Treasury Mgmt activities are related to your liquidity, receivalbes and payables. AR, AP, info reporting. These are all TM activities. Hope this helps!
