There are three main types of business‚ namely‚ Sole Proprietorship‚ Partnership and Corporations. Partnership allows for two (2) or more persons (up to 20) to operate and share ownership of a single business. This means that there is shared management‚ shared profit or loss‚ as well as shared risk; therefore‚ there are fewer consequences with regards to ownership‚ responsibility and liability. Sole Proprietorship‚ on the other hand‚ is a type of business entity that is owned and operated by one
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11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity
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CHAPTER I INTRODUCTION Commercial Banks offers the same types of products and services. It raises funds by collecting deposits from businesses and consumers via checkable deposits‚ savings deposits‚ and time (or term) deposits. It makes loans to businesses and consumers. It also buys corporate bonds and government bonds. Its primary liabilities are deposits and primary assets are loans and bonds. They should have a competitive advantage and be distinguish to one bank from another. That
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Literature Review Sociologist’s views: The role of voluntary organizations in society This information was sourced from www. Google.com. Some sociologists such as Blau and Scott(1974) and Etzioni(1975) classified many formal organizations as normative. A normative organization is one that people join in order to peruse goals that they consider personally worthwhile. They obtain personal satisfaction but no monetary reward for being in such an organization. In many instances‚ the person joins
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evaluation of murder and voluntary manslaughter in 2006 the law commission said that the law regarding homocide was a rickety structure build upon shaky foundations and is in urgent need of reform. one criticism of the law on murder is the mandatory life sentence. it is very unfair and many judges are opposed to it as it cannot differentiate between different types of murders. murderers like terrorists‚ contract killers etc deserve a much longer sentence than those who kill through excessive
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Memo To: CEO From: Human Resources Director Date: September 9‚ 2012 Re: Employee Benefit Package As requested‚ and after much research and comparison of available benefit packages‚ the following benefit package is recommended to be implemented by the organization‚ and offered to all executive assistants‚ and all other employees. Executive assistants are vital in their role in the organization. The role of the executive assistant is to
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FATIMA JINNAH WOMEN UNIVERSITY COMPARITIVE PUBLIC ADMINISTRATION “TYPES OF ADMINISTRATION” Submitted to: Ms.Aliya Submitted by: Rida Zahid Ramsha Aslam Maheera Naveed Marium Rasheed Butt Dur-e-Sameen Durrani Dept: BPA VI Date: 21st march 2013 Types of administration What is administration? ....................................................................pg3 Two sectors………………………………………………..………..pg4 Central Government....................................................
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Ownership structure and corporate voluntary disclosure in Hong Kong and Singapore Gerald K. Chaua‚ Sidney J. Grayb‚* b Hong Kong Polytechnic University‚ Hong Kong‚ China School of International Business‚ University of New South Wales‚ Quadrangle Building‚ Sydney‚ NSW 2052‚ Australia a Abstract Drawing on prior empirical research based on disclosure behavior in developed western markets‚ this study examines the association of ownership structure with the voluntary disclosures of listed companies
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Progress Report Scaffold Which brand of paper towel is most absorbent? Aim: The aim of this experiment is to see which brand of paper towel absorbs the most water out of a 200mL beaker. Hypothesis: In this experiment my reasearch has shown that Kleenex Viva would be most likely to absorb the most water as to the amount that the Woolworths homebrand would because of its thickness and the texture of the paper. Variables: |Independent variable |The independent variable
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Good morning Principal‚ teachers and fellow schoolmates. My name is _______. Today‚ I’m going to share an experience of doing voluntary work for the elderly. As the Bible said‚ ‘It’s better to give than to receive‚’ it’s important for us to help people in need. During the service‚ we needed to visit a solitary elder and gave her daily necessities. We also needed to tidy her home‚ check if there’s potential danger and chat with her. You might think that these works were not toilsome and complicated
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