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There are many differences with the measurement of assets between IFRS and U.S. GAAP. For each of the following topics, please describe how it would be handled with both sets of standards, and provide a minimum of 2 examples of issues surrounding the first time adoption of IFRS: Inventories (IAS […]

StopNShopToday, Inc. has had difficulty motivating and retaining key cashiers and wants to provide an incentive to them that will generate improvement in several critical areas of store cashier performance, which include the following: Increasing total sales revenue Reducing inventory losses and theft Improving overall customer service and satisfaction Improving […]

Project 1: Letter in Response to a Complaint We will write a preliminary draft in class on Thursday, January 16. You will then take the in-class writing home, modify it, think about it, revise it, and type it out, formatting it properly as a piece of written business correspondence (in […]

With the help of your CFO, you have put together the following preliminary budget figures based on last year’s numbers for a planned production and sales level of 4,000 units per year:  Building depreciation $200,000/yr. Machine operators $100,000/yr. Management staff $400,000/yr. Direct materials $4,000,000/yr. Other expenses that seem to vary […]