Executive Summary Through management there are many techniques to learn on how to be successful in the organization. The management techniques are important to learn‚ and master these techniques so that the organization gets the most that they can from the manager‚ and the employees. Without the knowledge of organizational behavior and how to motivate employees‚ understand the organizations dynamics‚ become a goodleader‚ and lastly how to communicate effectively through the virtual world‚ the organization
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1. Accounting Principles are the rules based on which accounting takes place and these rules are universally accepted. Explain the principles of materiality and principles of full disclosure. Explain why these two principles are contradicting each other. Your answer should be substantiated with relevant examples. (10 Marks) 2. Explain any two types of errors that are disclosed by trial balance with examples and rectification entry. Note - Avoid giving examples given in the self learning material
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F151. Assets become liabilities when they expire. F152. Revenue results from collection of accounts receivable. F153. A company’s fiscal year must correspond to the calendar year. T154. Accounting periods should be of equal length to facilitate comparison between periods. T155. When there is no direct connection between revenues and costs‚ the costs are systematically allocated among the periods benefitted. T156. Applying accrual accounting results in a more accurate measurement of profit for the
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with $50‚000 of her own money‚ and she borrowed $150‚000 from the bank. From this description‚ list each of the scarce resources that are used in Carry Yoki’s Lounge. Entrepreneurial resource: Carry Yoki. Labor resources: 2 bartenders‚ 3 servers‚ 2 assistant servers‚ 2 cooks‚ 1 dishwasher‚ and a clean-up person. Economic capital resources: 1 bar‚ 15 bar stools‚ 4 tables‚ 40 chairs‚ 4 television sets‚ one satellite dish‚ oven‚ stove‚ grill‚ refrigerator‚ sinks‚ dishes‚ and glassware. Financial
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CHAPTER 3 BALANCE OF PAYMENTS SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS QUESTIONS 1. Define the balance of payments. Answer: The balance of payments (BOP) can be de fined as the statistical record of a country’s international transactions over a certain period of time presented in the form of double-entry bookkeeping. 2. Why would it be useful to examine a country’s balance of payments data? It Answer: would be useful to examine a country’s BOP
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of a balance scorecard in achieving strategic objectives in organisation. Introduction: In current upsurge in economic condition globally brought on by competition and uncertainty‚ all organisations are impacted with need for changes to remain viable in performance of duties. This trend have prompt companies in adopting suitable approach which are unique to its operation and thus being effective in achieving goals objectives and prospect for development. The development of the balance scorecard
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study of municipal solid waste management system adopted by various municipalities Presented to: Prof. Dr. Dev Raj Adhikari Faculty of Management Tribhuvan University‚ Kirtipur Prepared by: DamodarNiraula Laxman Raj Kandel Kishore Dhungana Nischal Thapa YogendraAdhikari Master of Philosophy in Management August‚ 2013 Tribhuvan University Kirtipur‚ Kathmandu Table of Contents INTRODUCTION Background Waste is a resource that is unutilized
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Final Exam 1. During a recession‚ unemployment ________ while inflation A. falls; falls. B. rises; falls. C. rises; rises. D. falls; rises. 2. Student A says that customer satisfaction is a mark of a world-class business. Student B says that proactive ethics is a mark of a world-class business. Which student is correct? A. Both B. Student A only C. Neither D. Student B only 3. Which of the following represents the basic accounting equation? A. Owners ’ Equity − Liabilities = Assets B. Liabilities
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BALANCE OF PAYMENT (BOP) Introduction: Balance of payments (BOP) is a record of economic transitions between the residents of one country and the rest of the world during one year. The balance of payment like all balance sheets must balance. The items‚ which lead to‚ an inflow of foreign earnings are placed on the credit side of the balance sheet‚ whereas the items‚ which give‚ rise to an outflow of foreign currency are placed on the debit side. Definition: “Balance of payment is a systematic
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3M Moves to a Customer Focus Using a Global Data Warehouse Dale Goodhue‚ University of Georgia Barbara Wixom‚ University of Virginia Introduction In 1995‚ 3M Chairman and CEO L. D. DeSimone along with his top management team recognized that the focus of 3M had to change. For nearly 100 years‚ 3M manufactured products to make life easier‚ safer‚ healthier‚ and more productive for people in nearly 200 countries. In the excitement of creating innovative products‚ however‚ 3M was ignoring its
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