Accounting homework help

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GAAP requires the Statement of Cash Flow to be presented in one of two formats (direct or indirect). The most common method used is the indirect method. Discuss the three sections of the indirect method of presentation for the Statement of Cash Flows. Also discuss why the statement of cash flow is just as important as the income statement.
100 words

Accounting homework help

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Accounting homework help
insurance
Q1:  All of the following are historical reasons for the increase in health care expenditures in the U.S. EXCEPT:
A) Cost insulation because of third-party payers.
B) Employer-sponsored health insurance.
C) Universal health insurance coverage.
D) Technological advances in health care.
E) ACA Reforms.
F) Decrease in competition in health insurance sector due to rising data-intensity in the sector.
G) Increased quality of care as measured by tangible outcomes metrics (e.g. life expectancies relating to different procedures and treatments, etc.
Explain your answer(s).
Q2:  Joan was injured in an auto accident. She was totally disabled and collected disability income benefits for 8 months. She would like to return to work on a part-time basis to see if her recovery is complete. Under what type of an insurance contract will her insurer pay disability income benefits to her during the period of her part-time employment?
A) Recurrent disability.
B) Presumptive disability.
C) Permanent disability.
D) Partial disability.
Explain your answer.
Q3:  B-Gallery owns a building on Wharf Street. B-Gallery purchased a Commercial General Liability Policy with no endorsements. All of the following claims would be covered under the policy EXCEPT
A) An artist sued the gallery for slander after an employee of the gallery said the artist’s work looks like it was painted by an intoxicated monkey.
B) A customer is injured when a painting falls from the wall and strikes the customer.
C) A customer is injured after falling on a slippery floor at the gallery.
D) An employee of the gallery accidentally started a fire that caused extensive damage to the building.
E) An owner of an adjacent building negligently floods B-Gallery with water, resulting in damages to the B-Gallery’s inventory.
Explain your answer(s).
Q4:  Executives of a smaller firm listed on the NYSE blocked an acquisition attempt by a larger company. When the stockholders learned they could have made large profits had the acquisition not been blocked, they filed a lawsuit against the executives of the firm. What type of liability insurance protects the executives of the organization against such suits?
A) Dram shop liability insurance
B) Directors and officers liability insurance
C) Employers liability insurance
D) Employment related practices liability insurance
E) Business Interruption insurance
What type of coverage would apply in this case?
1) blanket coverage.
2) corporate reimbursement coverage.
3) personal liability of directors and officers coverage.
4) entity coverage.
Explain your answers.
Q5:  You are risk manager at Bay Engineering, Ltd. You purchased a Commercial Package Policy for your company and added one optional coverage. This option suspends the coinsurance clause and substitutes a new agreement covering any loss in the same proportion that the limit of insurance purchased bears to a value specified in the declarations. This provision is known as
A) waiver of inventory coverage.
B) inflation guard coverage.
C) agreed value coverage.
D) replacement cost coverage
In this case, will the deduction be taken for depreciation when settling a covered loss?

Accounting homework help

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Accounting homework help
insurance
Q1:  All of the following are historical reasons for the increase in health care expenditures in the U.S. EXCEPT:
A) Cost insulation because of third-party payers.
B) Employer-sponsored health insurance.
C) Universal health insurance coverage.
D) Technological advances in health care.
E) ACA Reforms.
F) Decrease in competition in health insurance sector due to rising data-intensity in the sector.
G) Increased quality of care as measured by tangible outcomes metrics (e.g. life expectancies relating to different procedures and treatments, etc.
Explain your answer(s).
Q2:  Joan was injured in an auto accident. She was totally disabled and collected disability income benefits for 8 months. She would like to return to work on a part-time basis to see if her recovery is complete. Under what type of an insurance contract will her insurer pay disability income benefits to her during the period of her part-time employment?
A) Recurrent disability.
B) Presumptive disability.
C) Permanent disability.
D) Partial disability.
Explain your answer.
Q3:  B-Gallery owns a building on Wharf Street. B-Gallery purchased a Commercial General Liability Policy with no endorsements. All of the following claims would be covered under the policy EXCEPT
A) An artist sued the gallery for slander after an employee of the gallery said the artist’s work looks like it was painted by an intoxicated monkey.
B) A customer is injured when a painting falls from the wall and strikes the customer.
C) A customer is injured after falling on a slippery floor at the gallery.
D) An employee of the gallery accidentally started a fire that caused extensive damage to the building.
E) An owner of an adjacent building negligently floods B-Gallery with water, resulting in damages to the B-Gallery’s inventory.
Explain your answer(s).
Q4:  Executives of a smaller firm listed on the NYSE blocked an acquisition attempt by a larger company. When the stockholders learned they could have made large profits had the acquisition not been blocked, they filed a lawsuit against the executives of the firm. What type of liability insurance protects the executives of the organization against such suits?
A) Dram shop liability insurance
B) Directors and officers liability insurance
C) Employers liability insurance
D) Employment related practices liability insurance
E) Business Interruption insurance
What type of coverage would apply in this case?
1) blanket coverage.
2) corporate reimbursement coverage.
3) personal liability of directors and officers coverage.
4) entity coverage.
Explain your answers.
Q5:  You are risk manager at Bay Engineering, Ltd. You purchased a Commercial Package Policy for your company and added one optional coverage. This option suspends the coinsurance clause and substitutes a new agreement covering any loss in the same proportion that the limit of insurance purchased bears to a value specified in the declarations. This provision is known as
A) waiver of inventory coverage.
B) inflation guard coverage.
C) agreed value coverage.
D) replacement cost coverage
In this case, will the deduction be taken for depreciation when settling a covered loss?

Accounting homework help

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Assignment Content

  1. Write a 700- to 1,050-word paper on COSO and how it relates to the Sarbanes-Oxley Act and the auditing of public companies. Address the following:
    • Provide a brief history of COSO.
    • Describe the five components and 17 principles of the COSO framework.
    • Review your company’s “Management’s Annual Report on Internal Control over Financial Reporting” and “Report of Independent Registered Public Accounting Firm” (usually found in Section 9A of the Form 10-K) and explain why these reports are necessary.

Accounting homework help

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Assignment Content

  1. Write a 700- to 1,050-word paper on COSO and how it relates to the Sarbanes-Oxley Act and the auditing of public companies. Address the following:
    • Provide a brief history of COSO.
    • Describe the five components and 17 principles of the COSO framework.
    • Review your company’s “Management’s Annual Report on Internal Control over Financial Reporting” and “Report of Independent Registered Public Accounting Firm” (usually found in Section 9A of the Form 10-K) and explain why these reports are necessary.

Accounting homework help

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A response posting should be a minimum of one short paragraph. Word totals for these posts should be in the 75–100-word range.  The goal of your response posts is to extend discussions already taking place or pose new possibilities or ideas not previously voiced.  Your goal should be to motivate the group discussion and present a creative approach to the topic.  Do not merely agree or disagree, repeating what a classmate stated or what you have already stated.  Explain the ‘why or how’ with supporting evidence and concepts from the course material.  Include in-text citations and associated reference within a reference list.
 
Reply to:
Some of the benefits to collaborative organization come from principles and importance of these collaborations.  You can achieve better business results from decision making and promote ownership from understanding goals of the business.  Higher standards can be established from sharing information.  Businesses can thrive through collaborative improvements in their principles (Beyerlein et al., 2003).
-Utilizing the systems thinking will help understand organizations, patterns of behavior and underlying structure responsible for the behavior.  This can help understand how a collaborative organization can work out.  Understand the employees, teams, and departments is understood using the systems approach then aligning them together to allowing collaboration (Systems Thinking – A Disciplined Approach, n.d.).
-I found the most interesting management concept to be humanistic management.  I think I found myself trying to have a good relationship with any and all co-workers so it sound logical way to manage.  I think it is important to focus on people and work relationships.  I still think the scientific management approach is important even with the technology we are working with today.  Employee training will need to be emphasized and utilizing lessons-learned to improve productivity(Scientific Management | Principles of Management, n.d.).
Reference:
Beyerlein, M. M., Freedman, S., McGee, C., & Moran, L. (2003). The ten principles of collaborative organizations. Journal of Organizational Excellence, 22(2), 51–63. https://doi.org/10.1002/npr.10067
Scientific Management | Principles of Management. (n.d.). Retrieved December 10, 2020, from https://courses.lumenlearning.com/wmopen-principlesofmanagement/chapter/scientific-management/
Systems Thinking—A Disciplined Approach. (n.d.). Retrieved December 10, 2020, from http://www.systems-thinking.org/stada/stada.htm#anchor909872
 
 

Accounting homework help

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Accounting homework help
fast
Quick
Please answer the questions completely. No plagarism must be original work
Discuss the difference between a subsequent event and a subsequent discovery of facts. Next, determine the auditor’s responsibility for each event after the audit report is completed. Support your position.
 

Accounting homework help

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 Assignment Content

  1. Purpose 
    This assignment is intended to give you an opportunity to strengthen your skills in gathering and analyzing business-related information. It provides a deeper understanding of how companies can look at globalization as part of their strategic and operational plans. The assignment has two parts: one focused on information research and analysis, and the other is on applied analytics.
    Resources: 

    • Microsoft Excel®
    • “How Netflix Expanded to 190 Countries in 7 Years” from Harvard Business Review
    • Call Center Waiting Time
    • Part 1: Globalization and Information Research
      Context: Companies that perform well in their country of origin usually consider expanding operations in new international markets. Deciding where, how, and when to expand is not an easy task, though.
      Many issues need to be considered before crafting an expansion strategy and investing significant resources to this end, including:
    • the level of demand to be expected for the company’s products/services
    • presence of local competitors
    • the regulatory, economic, demographic, and political environments
    • Carefully researching and analyzing these and other factors can help mitigate the inherent risk associated with an overseas expansion strategy, thus increasing the likelihood of success.
      As a data analyst in your company’s business development department, you’ve been tasked with the responsibility of recommending countries for international expansion. You’ll write a report to the company’s executive team with your research, analysis, and recommendations.
      Instructions: 
      Write a 525-word summary covering the following items: 
    • According to the article listed above, what were the most important strategic moves that propelled Netflix’s successful international expansion?
    • The article mentions investments in big data and analytics as one of the elements accompanying the second phase of overseas expansion. Why was this investment important? What type of information did Netflix derive from the data collected?
    • According to the article, what is exponential globalization?
    • Not all international expansion strategies are a resounding success, however. Research an article or video that discusses an instance in which an American company’s expansion efforts in another country failed. According to the article/video you selected, what were the main reasons for this failure? Do you agree with this assessment?
    • Explain some of the reasons why certain companies’ expansion plans have failed in the past.
    • Part 2: Hypothesis testing 
      Context: Your organization is evaluating the quality of its call center operations. One of the most important metrics in a call center is Time in Queue (TiQ), which is the time a customer has to wait before he/she is serviced by a Customer Service Representative (CSR). If a customer has to wait for too long, he/she is more likely to get discouraged and hang up. Furthermore, customers who have to wait too long in the queue typically report a negative overall experience with the call. You’ve conducted an exhaustive literature review and found that the average TiQ in your industry is 2.5 minutes (150 seconds).
      Another important metric is Service Time (ST), also known as Handle Time, which is the time a CSR spends servicing the customer. CSR’s with more experience and deeper knowledge tend to resolve customer calls faster. Companies can improve average ST by providing more training to their CSR’s or even by channeling calls according to area of expertise. Last month your company had an average ST of approximately 3.5 minutes (210 seconds). In an effort to improve this metric, the company has implemented a new protocol that channels calls to CSR’s based on area of expertise. The new protocol (PE) is being tested side-by-side with the traditional (PT) protocol.
      Instructions:
      Access the Call Center Waiting Time file. Each row in the database corresponds to a different call. The column variables are as follows:
    • ProtocolType: indicates protocol type, either PT or PE
    • QueueTime: Time in Queue, in seconds
    • ServiceTime: Service Time, in seconds
    • Perform a test of hypothesis to determine whether the average TiQ is lower than the industry standard of 2.5 minutes (150 seconds). Use a significance level of α=0.05.
    • Evaluate if the company should allocate more resources to improve its average TiQ.
    • Perform a test of hypothesis to determine whether the average ST with service protocol PE is lower than with the PT protocol. Use a significance level of α=0.05.
    • Assess if the new protocol served its purpose. (Hint: this should be a test of means for 2 independent groups.)
    • Submit your calculations and a 175-word summary of your conclusions.