Answer: You are required to complete each task in the student assessment and return it to your Trainer/Assessor by the due date. Please ensure you complete the front cover sheet prior to submission. You are required to: Read through and follow all the instructions provided Ensure that you tick, sign and date the student declaration Submit your assessment to your Trainer or directly to the Student Learning Management System (LMS) ...
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Answer: Introduction The report provides an overview about the subsidiary role of agriculture in development policy with reference to chosen Asian economy, Taiwan. Agriculture sector has made significant contribution to economic development of all the Asian countries over the past few years. Since the Taiwan economy has been predominantly agricultural, this sector is the basic source of their food, raw materials and investment capital as need...
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Answer: 1. Fair value can be used in three different contexts they are: Fair value to be used for the purpose of accounting standards Fair market value as commonly used in the ATO’s definition of market value and Fair market value as used by courts. Fair market value is defined under AASB 13 as the predictable price at which an arranged transaction to transfer the asset or to sell the asset takes place amongst the market participan...
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Answer: 1. Cash budget The financial budget made to calculate budget cash inflows and cash outflows for a specific period of time is known as cash budget. With the help of cash budget, the closing balance of cash can also be ascertained. It helps in determining excessive cash or shortage of cash that is expected during the period (Weygandt, Kimmel and Kieso, 2009). By preparing cash budget and making the use of information derived from it, mana...
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Answer: Part A: Calcualtion of Implied annual nominal rate Annual Borrowing 100000 Number of payment 60 Monthly Payment 2000 Compounding Periods per year 12 Total Duration of Loan 5 Interest Rate 7% Goal = Monthly Repayment to 2000 Annual Borrowing 100000 Number of payment 59 Compounding Periods per year 12 Interest Rate 7% Monthly Payment 200...
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Answer: Introduction The main purpose of this assignment is to critically examine the financial statement of a company and then comment on the financial statements concerning specifically the capital structure, asset financing policy and distribution policies of the company. The company selected for this assignment is Boral limited which is situated in Australia. Overview of the Company Boral limited is a multinational company which is engage...
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Answer: Introduction Boral Limited that was established on 19th December 1960 is the international construction materials and building company that offers the construction and building materials, plasterboards in Australia and Asia through the cladding, roof tiles and joint venture in United States (Boral.com.au 2019). On the other hand, CSR Limited is involved in supply and manufacturing of the building products in New Zealand and...
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Answer: Answer: Ethical frameworks in the management of workplace bullying will be discussed from two separate, but related perspectives: a normative model and a process-oriented model. The normative model of managing workplace bullying is drawn from the moral principles framework (Schumann, 2001). The moral principles framework consists of five complementary moral principles. Normative and Process-Oriented Ethical Approaches. These principles...
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Answer: Question 1 (a) The project NPV is estimated based on the table shown below. Explanations: 1) Depreciation = (Fixed investment/Useful life) = (240000/3) = $ 80,000 2) Increase in working capital = Increase in current assets – Increase in current liabilities = (22000 + 14000 – 18500) = $ 17,500 3) NPV is the sum of the present value of all cash flows during the project. 4) It is assumed that all cash flows are occ...
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Answer: Introduction The current assignment is being produced in order to identify analyse and discuss the various elements of ethical issues. Once the elements have been identified, the assignment will deal with a demonstration of the application of the code of ethics for professional Accountants to deal with a wide spectrum of ethical issue that a professional may face in accounting as well as business. The assignment will also try to recog...
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Answer: 1. When assessing the legal compliance of an advert, one must determine whether the advert has a dominant message, secondly, one must assess whether there are terms and conditions, which affect the dominant message; if this is the case, are they sufficiently and clearly stated. The problems with TPG advertisement based on ACCC were (Australian Competition and Consumer Commission v TPG internet PTY ltd); The Australian Competition...
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Answer: To determine the taxable income for Racing Parts Pty Ltd certain assumptions are provided below regarding the exclusion and inclusion of income and expenses for tax purpose. Referring to “section 6-20 of the ITAA 1997”the exempted income of $100,000 has been considered as tax offset against the previous year loss figure of $120,000 incurred under “Division 36”. While the sum of $50,000 obtained as Non Assessa...
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Answer: Introduction The legitimacy theory and the stakeholder theory are the two accounting theories selected for the report. However, the journals selected include Accounting, Accountability, and Performance, Accounting and Business Research Taylor & Francis Online , Accounting and Business Research Taylor & Francis Online and, Auditing and Accountability Journal. The legitimacy theory is typically a theory of accounting which provi...
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Answer: In the given case study, after analysing the issue whether the product be charged for the use of excess production facilities and building space or not, it can be said that there would not be any charged incurred as the production of blast will occupy the excess capacity currently(Mathuva, 2015). There would not be any incremental cash flows(Corelli, 2016). In exact sense, cash flows that is the result of sales lost ...
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Question: Discuss about the Contemporary Accounting Research for Law and Economics. Answer: Introduction In general, there are principally four different classes of information that a specific business enterprise portion out with diverse other business concerns. In essence, these necessarily include external drivers, specific resources and associations, stratagem along with performance. Furthermore, each and every category of ...
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