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ABC Learning and Ethics?

   

Added on  2020-06-04

13 Pages2471 Words179 Views
Accounting

TABLE OF CONTENTSPROJECT TASK NO.1 ..................................................................................................................1Q1. What is plagiarism?..............................................................................................................1Q2 Pasting spreadsheets in doc files?.........................................................................................1Q3 Accounting websites and their relevancy with accounting?.................................................1Q4 Find professional accounting bodies?...................................................................................2Q5. Work Integrated assessment?...............................................................................................2Q6 ABC learning and ethics?......................................................................................................31. Stating the major financial reports and their purpose ............................................................32. Summarizing the key lessons from ABC case study .............................................................33. Assessing and discussing 3 ethical issues from case study ....................................................4Q.7...............................................................................................................................................4Q.8 ..............................................................................................................................................4a. Creating a manual balance sheet and equation .......................................................................4b. Developing a spreadsheet solution .........................................................................................5Q.9 Listing four accounts with debit and credit balances ..........................................................5Q.10 Trial balance ......................................................................................................................5a. Creating a manual solution pertaining to trial balance ..........................................................5b. Presenting data set in excel ....................................................................................................5c. Presenting the changes in the 3 numbers of data set ..............................................................6Q11. Crosswords?.......................................................................................................................7Q12. Types of adjusting entries?.................................................................................................8Q13. Distinguish between current and non-current liabilities?...................................................9Q14. Define current ratio with a numerical example?................................................................9Q15. Financial report................................................................................................................10b). Spreadsheets.........................................................................................................................10c). Spreadsheet changes............................................................................................................10REFERENCES..............................................................................................................................11

PROJECT TASK NO.1 Q1. What is plagiarism?Ans: The process in which someone's else ideas and thoughts are taken by a person and passedoff as their own without their consent. In addition to this, the ideas are not even acknowledged. Itmay be intentional or unintentional (Kolb, S. and et.al., 2017). Plagiarism is a kind of cheatingand that is why it should be considered as a serious offence. It is unfair before using someone'selse copyright without their permission is illegal.Q2 Pasting spreadsheets in doc files?Method 1:Select the Insert tab.Click on the Object command in the Text group.A dialogue box will appear. Select Create from file option, then click Browse.Locate and select the required Excel Chart and click Insert.Tick the box left to Link to file.Click OK.Method 2:Select Insert tab. Click on the Table command.Click on the option Excel spreadsheet.(Reis, R., 2017Saldivar, J. and et.al., 2016)Q3 Accounting websites and their relevancy with accounting?In order to make the accounting work simpler, there are many websites. The mostcommon amongst them are as follows:Accounting Coach- It allows the students, business owners, etc. to learn new accountingskills which helps in increasing their knowledge (izenman, J., Chinn, M. D. and Ito, H.,2017). It provides educational material to them without any cost. In addition to this, theyalso have online test series for that assists in self-evaluation.Sleeter- This website has assembled around 700 professionals of accountancy andthrough them thy provide educational resources. This site also has e-assessmentprograms.1

The blunt bean counter- It is the blog that provides with the understanding of income tax,finance and value of money. Skoda minotti blog- These blogs have the detailed information about the businessvaluation, litigation and financial services (Imran, M. and et.al., 2017A). This site is veryhelpful in increasing profits and thus, enhance the business value.The Economist- They are the digital and printed subscriptions covering the worldwideinformation about politics, business and finance.Q4 Find professional accounting bodies?An Australian professional accounting body is CPA that is a finance, accounting andbusiness professional with a particular qualification. It points a wiseness in depth, breadth andquality of accountancy knowledge (Oates, G. and Dias, R., 2016). Apart from the ABC leaning,CPA uses flipped classroom , It is different from the traditions lectures. In this type of learningthere is high level of involvement of students. Other then this, there are many more effectivetechniques which helps people in understanding accounting from online resources.Q5. Work Integrated assessment?This assessment is a range of approaches and strategies that combine with the practice ofwork within a designed program (Kim, J. B. and Zhang, L., 2016). Several terms that are used inwork assessment are field work, internship, cadet-ship, etc. The current computing environmentcan be assessed by assessing three major sectors and they are hardware, software and network.Hardware: In this, the windows which is used in the work should be compatible wit allthe hardware that are present and required for the work.Software: All the necessary software should be present which are to be used in theassessment of work.Network: In this, the network architecture is documented. This structure involve thetopology, size and patterns of traffic. This assessment can be carried out using a 6 dimensions model. This is designed to beused either individually or collectively. This structure contains six elements and they are time,audience, problem, collaboration, structure and review (Tucker, B.P., 2017). All these segmentsare essential in assessing a work. The major advantages of using this model are theunderstanding of mapping of these dimensions to assess the current work, designing stage where2

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