You are the administrative assistantfor a division chiefin a large holding company that ownsseveral hotels and theme parks. You and the division chief have just come from the CEO’s office‚ where you were informed thatthe guest complaintsrelated to housekeeping and employee attitude are increasing. Your on‐site managers have mentioned some tension among workers‚ but have not considered it unusual. The CEOand your division chiefinstruct you to investigate. Suggest atleast three differenttypes
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Accounting Standard 10: Accounting for Fixed Assets • Fixed asset is an asset held for producing or providing goods and/or services and is not held for sale in the normal course of the business. • Cost to include purchase price and attributable costs of bringing asset to its working condition for the intended use. It includes financing cost for period up to the date of readiness for use. • Self-constructed assets are to be capitalised at costs that are specifically related to the asset and those
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STATISTICS CHAPTER 1 NOTES DATA: consists of information coming from observations‚ counts‚ measurements‚ or responses. STATISTICS: is the science of collecting‚ organizing‚ analyzing‚ and interpreting data in order to make decisions. DATA SETS: -POPULATION: is the collection of all outcomes‚ responses‚ measurements or counts that are of interest -SAMPLE: is a subset or part of a population EXAMPLE OF POPULATION: The age of each resident in an apartment building EXAMPLE OF SAMPLE:
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1 . FASB Accounting Standards Codification (FASC) This section deals with certain general background considerations and information related to the FASC and the answers can be found by clicking the “About the Codification” and “Notice to Constituents” sections on the FASC Welcome Page. This section is a good general source of information about the FASC and should be reviewed prior to starting to answer the specific questions set forth in all sections. The related research questions that you must
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Accounting Standards-18 (AS-18): AS-18 deals with disclosure requirements in the Financial Statements in respect of the transaction with Related Party. As per AS-18‚ “Parties are considered to be related if at any time during the reporting period one party has the ability to control the other party or exercise significant influence over the other party in making financial and/or operating decisions” and Related Party transaction means “a transfer of resources or obligations between related parties
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Introduction * Meaning of Standard Costing: Standard costing is simply the name given to a technique whereby standard costs are computed and subsequently compared with the actual costs to find out the differences between the two. These differences are then analyzed to know the causes thereof so as to provide a basis of control. * Standard Costing: According to BROWN and HOWARD “Standard costing is a technique of cost accounting which compares the standard cost of each product or service
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The Sarbanes-Oxley Act created the Public Company Accounting Oversight Board (PCAOB) to assume the responsibility of overseeing the auditors of public companies. The PCAOB is a private-sector‚ non-profit corporation. It was established to "protect the interests of investors and further the public interests in the preparation of informative‚ fair‚ and independent audit reports". (The PCAOB) Although the PCAOB is a private sector organization‚ it has many government-like regulatory functions. The PCAOB
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Brief About AS-16 Borrowing cost Background: A Business Enterprises requires fund for either of following 2 purposes: a) To finance its long term assets like plant and machinery‚ properties‚ furniture etc b) To finance its working capital needs for ensuring smooth functioning of its business activities In case of business enterprise goes for Expansion .i.e it enters into new line of business or goes into new product line or set up new plant‚ funds are required Incase of well established
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The Manager and Management Accounting BUSI 0028 Sem 2‚ 2012/13 Dr. Olivia Leung © 2012 Pearson Education. All rights reserved. Accounting Discipline Overview Managerial accounting—measures‚ analyzes‚ and reports financial and nonfinancial information to help managers make decisions to fulfill organizational goals. Managerial accounting need not be GAAP compliant. Financial accounting—focus on reporting to external users including investors‚ creditors‚ and governmental agencies. Financial statements must be based on
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Running Head: BENCHMARK ASSESSMENT YELLOW GROUP Understanding by Design: ISLLC Standard 2 Benchmark Assessment: Deborah D. Harris Grand Canyon University: EDA 534: Educational Administration Foundation and Framework September 12‚ 2012 Unwrapping the ISLLC Standards: Standard 2 Concepts and Skills T Chart What administrators “need to know” and “be able to do” |Concepts (Nouns) – underline |Skills (Verbs) – highlight/circle
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