CPPREP5006 - Financial Evaluation Report v1
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Griffith University *
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CPPREP5006
Subject
Finance
Date
Apr 3, 2024
Type
docx
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CPPREP5006 - Manage operational finances in the property industry (Release 2)
Financial Evaluation Report Financial Evaluation Report
What you need to do: Answer the questions below by writing in the space provided. Page | 1
of
4
© Real Estate Academy Australia
Version 1.0 – October 2021
RTO 32426
CPPREP5006 - Manage operational finances in the property industry (Release 2)
Financial Evaluation Report You are required to answer all questions correctly. If correct, you will see
‘Satisfactory’ or if incorrect you will see ‘Not Satisfactory’ in your grades section of
your learner portal next to the assessment name. The assessor will provide
feedback and a Record of Results in the assessment task once graded. You will be
required to resubmit your work for any ‘Not Satisfactory’ assessment tasks. What you will need: Use the learner material provided in your online student portal as well as research
materials such as books, internet, magazines, workplace documentation etc. to
assist you in gaining the knowledge required to answer the questions. Remember
that the assessment is completely self-paced and open book, so you can use
whatever resources you have to answer the questions.
What you need to submit: Your answers to these questions.
How to Submit your Assessment:
Upload your completed document into the “CPPREP5006 - Financial Report
Analysis Project” Online Assessment [6] in your learner portal. You can drag and
drop the file into the window or use the add file icon in the top left of the submission
window and select the file your wish to upload by using the browse/choose file
option. Click on finish attempt to submit it for grading.
Managing and evaluating financial performance of the organisation is an integral part
to the organizations’ survival. Report on the financial position of the organisation by reviewing the ratio calculations
completed in the previous assessment task. Ensure that you refer to the ratios that you have chosen for each of the aspects listed below and;
a)
explain the results of the evaluation data and what it means for the organisation
b)
determine and record areas of improvement for implementation by the organisation to enable better financial results for the new financial year.
1. Liquidity
Page | 2
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© Real Estate Academy Australia
Version 1.0 – October 2021
RTO 32426
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Related Questions
e 1:E1
OMANTEL
Practice (page 4 .
...
moodle.nct.edu.om
Timely availability of requisite finances
objective of
comes under
financial managment
a. Social Objectives
b. None
c. Research Objectives
d. Operational Objectives
e. Basic objectives
Previous page
Next page
II
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LinkedIn Learning
Free App for Android
in
Question 3 of 14:
Select an answer:
The US GAAP provides rules and guidance
for what two primary financial reporting
purposes?
Return to course
recognition and measurement
risk assessment and presentation
recognition and presentation
Open
initial and subsequent measurement
Previous
Skip
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Please help
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Personal Financial Statement Project
For the Personal Financial Statement Project:
1. Record the events on the next page in the accompanying
formula worksheet
2. Write out the journal entries for the events on the next page
3. Create the financial statements with the ending information
from the worksheet
4. Once you have your Financial Statements completed,
please make a comment or two in the online text input box
about what the information is telling you
Event List
1. Opened a bank account with previously earned (retained
earnings) money for $100,000
2. Bought a house by paying $75,000 down in cash and taking a
loan of $225,000
3. Bought a vehicle by paying $1,000 down in cash and taking a
loan of $44,000
4. Worked (performed services) to clients for $80,000 cash
5. Paid for materials used (expense) in the services performed
with cash for $50,000
6. Paid for repairs and utilities of the house and vehicle (just
regular expenses) with cash for $8,500
7. During the year, you paid $5,000…
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What is the correct cost of the building?
₱ 52,814,548
₱ 52,000,000
₱ 52,780,548
₱ 50,780,548
₱ 50,000,000
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Question 6 of 20:
Select the best answer for the question.
6. An example of a contra-asset account is
OA. Advances from Clients.
O B. Prepaid Insurance.
OC. Office Supplies
D. Accumulated Depreciation.
Mark for review (Will be highlighted on the review page)
* Previous Question
Next Question >>
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Chapter 7 of the textbook presents some concerns regarding the current accounting standards for research and development expenditures.
Instructions: For this discussion, you will be divided into two groups:
Group B: You are assigned to Group B if you have a last name beginning with N-Z. Assume that you are the FASB member. Write a memo defending the current standards regarding research and development.
For both groups, your memo should address the following questions:
By requiring expensing of R&D, do you think companies will spend less on R&D? Why or why not? What are the possible implications for the competitiveness of U.S. companies?
If a company makes a commitment to spend money for R&D, it must believe it has future benefits. Shouldn't these costs therefore be capitalized just like the purchase of any long-lived asset that you believe will have future benefits? Explain your answer.
For your initial post, indicate in the subject line which group you are in (Group A…
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View Policies
Current Attempt in Progress
Financing activities involve
O cash receipts from sales of goods and services.
O long-term liability and owners' equity items.
O lending money to other entities and collecting on those loans.
O acquiring and disposing of productive long-lived assets.
Save for Later
Attempts: 0 of 1 used
Submit Answer
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Hello! dear expert can you help me with full working and steps? Thanks you very very much.Answer in text.
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This is one question please answer all or better to skip need correct and complete answer with all work remember answer all please answer with steps and show full work as explanation computation formula thanks answer all please
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Check all attributes below that were met for a test of an expenditure. Attached is a copy of the invoice and below is information from the accounting system:
Item #
Transaction ID
Invoice Date
Vendor
Vendor Code
Object Code
Object Code Name
Amount
Created
Approved
Invoice #
Date Entered
Paid Date
Amount Paid
98
19000001101
9/22/2018
Ohio Dept of Transportation
VC0000126549
E450
Road Construction
$6,914.41
JMM03
BVZ02
101492
10/3/18
10/22/2018
$ 6,914.41
Invocie for Exam 3 TH.docx check all that apply
A.
Documentation exists
B.
Transaction had proper approval before payment
C.
Invoice agrees to journal: amount, vendor, fund, object code
D.
Invoice is mathematically correct
E.
Document was cancelled
F.
Recorded timely (5 days from reciept of goods or invoice)
G.
Invoice was paid timely
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https://portal.laserfiche.com/Portal/DocView.aspx?id=638006&repo=r-49e9e584
1. Who is the CPA firm that audited Jefferson City, Missouri in October 31, 2022?2. The type of audit opinion given Jefferson City, Missouri at October 31, 2022?3. What 3 categories of funds does Jefferson City have?4. Which program in Jefferson City has the largest expenses?5. What is the largest source of revenue in Jefferson City for governmental activities?6. What was the October 31, 2022 net position of the airport fund?7. In the October 31, 2022 Statement of Activities how many years of financial information is presented?8. Does Jefferson City have any discretely presented component units? What are they?9. What entities were excluded from Jefferson Cities financial reports?10. Does Jefferson City include Cash Equivalents with its Cash balance?11. What is the threshold amount for capitalizing an asset for depreciation purposes?12. Over what amount of years are traffic lights depreciated?13. List one…
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Q1 Galah Ltd has acquired a new building. Assess which of the following items should beincluded in the cost of the building. Provide a reason for your conclusions.(a) Stamp duty(b) Real estate agent’s fees(c) Architect’s fees for drawings for internal adjustments to the building to be made before use(d) Interest on the bank loan to acquire the building, and an application fee to the bank to get the loan, which is secured on the building(e) Cost of changing the name on the building(f) Cost of changing the parking bays(g) Cost of refurbishing the lobby to the building to attract customers and make it more user friendly
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Analytical procedures are useful at the planning stage for risk assessment. Using analytical procedures and the following extracts from the draft financial statements of an audit client, identify THREE areas which you believe require further investigation, explaining your reasons.
2020(draft) 2019(audited)
£ £
Sales 7,765,000 5,974,500
Cost of Sales 5,823,750 4,779,600
Gross Profit 1,941,250 1,194,900
Depreciation 269,800 257,900
Salaries 680,000 645,000
Repairs and maintenance costs 328,000…
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exercise for finance acc.pdf
O File | C:/Users/User/Desktop/FIN%20ACC/exercise%20for%20finance%20acc.pdf
D Page view
A Read aloud
T Add text
V Draw
E Highlight
O Erase
of 4
EXERCISES
For questions number 1 to 7, given the accounting transaction, indicate
whether the asset, liability or owner's equity has increase or decrease or
has no effect by circling the appropriate answer.
1 The owner invests personal cash in the business. (Example)
Asset
Increase
Decrease
No Effect
Liability
Increase
Decrease
No Effect
Owner's Equity
Increase
Decrease
No Effect
2 The owner withdraws cash from the business for personal use.
Asset
Increase
Decrease
No Effect
Liability
Increase
Decrease
No Effect
Owner's Equity
Increase
Decrease
No Effect
3 The company receives cash from a bank loan
Asset
Increase
Decrease
No Effect
5:29 PM
O Type here to search
IMI
26/10/2021
ENG
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Identify if the statement provided is TRUE or FALSE
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What is the propuse of a statement of activities in government-wide financial reporting?
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Answer without explanation , quickly as possible as
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Conduct an in-depth analysis of the Bank of St. Vincent and the Grenadines Ltd financial reporting practices and asset management strategies. Here is the report: BOSVG-Audited-Consolidated-Financial-Statements-FYE-December-31-2022.pdf (ecseonline.com)
Using the report evaluate the following:
Property, Plant, and Equipment (PPE) Assessment: This is more specific and is a very good questiona) Describe the company’s PPE section in the balance sheet relative to the total fixed assets of the company’s industry (use quantitative and qualitative summaries to support your description). b) Analyze the accounting treatment of PPE, including depreciation methods employed and any impairments recognized, include a brief summary of the accounting standards and principles included in the decision (reference the Notes that inform your summary). c) Discuss the significance of PPE in the company’s operations and its impact on financial performance and reporting.
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Use Table 19-4 to calculate the building, contents, and total property insurance premiums for the policy (in $).
Structural Building
Value
Building
Premium
Area
Contents
Contents
Total
Rating
Class
Value
Premium
Premium
4
B
$82,000
$
$29,000
Need Help?
Read It
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Are the following assets real or financial?a.Patentsb.Lease obligationsc.Customer goodwilld.A college educatione.A $5 bill
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Balance Sheet. Use Table 3.2 on page 82 as a guide to create a monthly balance sheet
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SEE MORE QUESTIONS
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Related Questions
- e 1:E1 OMANTEL Practice (page 4 . ... moodle.nct.edu.om Timely availability of requisite finances objective of comes under financial managment a. Social Objectives b. None c. Research Objectives d. Operational Objectives e. Basic objectives Previous page Next page IIarrow_forwardLinkedIn Learning Free App for Android in Question 3 of 14: Select an answer: The US GAAP provides rules and guidance for what two primary financial reporting purposes? Return to course recognition and measurement risk assessment and presentation recognition and presentation Open initial and subsequent measurement Previous Skiparrow_forwardPlease helparrow_forward
- Personal Financial Statement Project For the Personal Financial Statement Project: 1. Record the events on the next page in the accompanying formula worksheet 2. Write out the journal entries for the events on the next page 3. Create the financial statements with the ending information from the worksheet 4. Once you have your Financial Statements completed, please make a comment or two in the online text input box about what the information is telling you Event List 1. Opened a bank account with previously earned (retained earnings) money for $100,000 2. Bought a house by paying $75,000 down in cash and taking a loan of $225,000 3. Bought a vehicle by paying $1,000 down in cash and taking a loan of $44,000 4. Worked (performed services) to clients for $80,000 cash 5. Paid for materials used (expense) in the services performed with cash for $50,000 6. Paid for repairs and utilities of the house and vehicle (just regular expenses) with cash for $8,500 7. During the year, you paid $5,000…arrow_forwardWhat is the correct cost of the building? ₱ 52,814,548 ₱ 52,000,000 ₱ 52,780,548 ₱ 50,780,548 ₱ 50,000,000arrow_forwardQuestion 6 of 20: Select the best answer for the question. 6. An example of a contra-asset account is OA. Advances from Clients. O B. Prepaid Insurance. OC. Office Supplies D. Accumulated Depreciation. Mark for review (Will be highlighted on the review page) * Previous Question Next Question >>arrow_forward
- Chapter 7 of the textbook presents some concerns regarding the current accounting standards for research and development expenditures. Instructions: For this discussion, you will be divided into two groups: Group B: You are assigned to Group B if you have a last name beginning with N-Z. Assume that you are the FASB member. Write a memo defending the current standards regarding research and development. For both groups, your memo should address the following questions: By requiring expensing of R&D, do you think companies will spend less on R&D? Why or why not? What are the possible implications for the competitiveness of U.S. companies? If a company makes a commitment to spend money for R&D, it must believe it has future benefits. Shouldn't these costs therefore be capitalized just like the purchase of any long-lived asset that you believe will have future benefits? Explain your answer. For your initial post, indicate in the subject line which group you are in (Group A…arrow_forwardView Policies Current Attempt in Progress Financing activities involve O cash receipts from sales of goods and services. O long-term liability and owners' equity items. O lending money to other entities and collecting on those loans. O acquiring and disposing of productive long-lived assets. Save for Later Attempts: 0 of 1 used Submit Answerarrow_forwardHello! dear expert can you help me with full working and steps? Thanks you very very much.Answer in text.arrow_forward
- This is one question please answer all or better to skip need correct and complete answer with all work remember answer all please answer with steps and show full work as explanation computation formula thanks answer all pleasearrow_forwardCheck all attributes below that were met for a test of an expenditure. Attached is a copy of the invoice and below is information from the accounting system: Item # Transaction ID Invoice Date Vendor Vendor Code Object Code Object Code Name Amount Created Approved Invoice # Date Entered Paid Date Amount Paid 98 19000001101 9/22/2018 Ohio Dept of Transportation VC0000126549 E450 Road Construction $6,914.41 JMM03 BVZ02 101492 10/3/18 10/22/2018 $ 6,914.41 Invocie for Exam 3 TH.docx check all that apply A. Documentation exists B. Transaction had proper approval before payment C. Invoice agrees to journal: amount, vendor, fund, object code D. Invoice is mathematically correct E. Document was cancelled F. Recorded timely (5 days from reciept of goods or invoice) G. Invoice was paid timelyarrow_forwardhttps://portal.laserfiche.com/Portal/DocView.aspx?id=638006&repo=r-49e9e584 1. Who is the CPA firm that audited Jefferson City, Missouri in October 31, 2022?2. The type of audit opinion given Jefferson City, Missouri at October 31, 2022?3. What 3 categories of funds does Jefferson City have?4. Which program in Jefferson City has the largest expenses?5. What is the largest source of revenue in Jefferson City for governmental activities?6. What was the October 31, 2022 net position of the airport fund?7. In the October 31, 2022 Statement of Activities how many years of financial information is presented?8. Does Jefferson City have any discretely presented component units? What are they?9. What entities were excluded from Jefferson Cities financial reports?10. Does Jefferson City include Cash Equivalents with its Cash balance?11. What is the threshold amount for capitalizing an asset for depreciation purposes?12. Over what amount of years are traffic lights depreciated?13. List one…arrow_forward
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- Excel Applications for Accounting PrinciplesAccountingISBN:9781111581565Author:Gaylord N. SmithPublisher:Cengage Learning
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ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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