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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CPE Madureira 2008.2 Saturday‚ 16 August 2008 Masterclass Exercise Keys That ’s where we meet! See the comments for this post to check the keys to ALL exercises from Units ONE through EIGHT Posted by Levi Ramos at 5:44:00 pm 32 comments: Levi Ramos said... Proficiency Masterclass – Answer key – Unit 1 page 11 Text 1 1. C 2. B 3. C 4. D 5. A6. C Text 2 7. D 8. B 9. C 10. A11. C12. B Text 3 13. D 14. C 15. B 16. B17. A18. B page 12 D 1. d 2. g 3. h 4. e 5. b 6. a 7. f8. c F 1. g 2. h 3. c 4. f 5. a 6. e 7
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Communicating is very important in my setting and is a major aspect of my work. When working with children clear communication is needed this could be verbally or using sign language‚ flash cards or through play. Communication helps to build positive relationships with the children and their family’s. Communicating with parents/carers is vital‚ parents/carers know the children better than anyone and can give us valuable information regarding the child’s like and dislikes‚ dietary requirements‚ special
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Financial Crisis Todd McTigue INTRO In 2008‚ the United States experienced a major financial crisis which led to the worst recession since World War II. Both the financial crisis and the downturn in the U.S. economy spread to many foreign nations‚ resulting in a global economic crisis. In the months following the initial decline‚ the U.S. stock market plummeted‚ liquidity dried up‚ successful companies began laying off employees
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Sch 31: Promote communication in health‚ social care or children’s and young people’s settings. 1.2 Explain how communication affects relationships in the work setting. Communication plays a massive part once building a relationship in the work setting. By regularly keeping effective communication between practioners‚ parents/careers and children makes a positive working environment. The relationships are mostly based on the type of communication between one another‚ communication is not just by
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a Dematerialized (or "Demat") account‚ instead of the investor taking physical possession of certificates. A Dematerialized account is opened by the investor while registering with an investment broker (or sub-broker). The Dematerialized account number is quoted for all transactions to enable electronic settlements of trades to take place. Every shareholder will have a Dematerialized account for the purpose of transacting shares. Process for opening a DEMAT account in any bank. Q2 What are
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The Chart of Accounts The increases and decreases in accounting element as affected by a business transaction are recorded in a device called account name‚ account title or account. Each accounting element is composed of several accounts which describe the related economic transactions and events. To maintain uniform account name‚ the business must have a listing of all the accounts it uses to record economic transactions. This listing of all accounts is called “Chart of Accounts.” The Chart of
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AN EVALUATION OF ACCOUNTS RECEIVABLE MANAGEMENT BY MANUFACTURING FIRMS IN NAKURU MUNICIPALITY [pic] RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE IN BACHELOR OF COMMERCE (ACCOUNTING OPTION) SCHOOL OF BUSINESS KABARAK UNIVERSITY APRIL 2008 DECLARATION This research project is our original work and has not been presented for the award of any diploma or degree in any other university or college or any other institution of higher learning. Signature______________________________
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transaction 2. Record the transaction as a journal entry 3. Post the entry in the individual accounts in ledgers. 4. Create preliminary trial balance 5. Adjusting entries 6. Create adjusted trial balance of the accounts 7. Combine sums in various accounts 8. Close books for current month Permanent accounts are also known as real accounts. These are accounts that do not close at the end of the accounting year. The permanent accounts are all of the balance sheet accounts (asset
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has little or no control. The business environment of a firm includes 1. Market forces with their associated uncertainty 2. Forces of demand and supply originating from the rest of the world 3. The government policies 4. Nature i.e. the environmental factors Now‚ the scenario is changing. Indian market is getting connected to global market: 1. Appreciation of rupee 2. Change in policies. The country turned into an open economy 3. Change in technology 4. India has missed industrial revolution
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