CHAPTER 1 THE ACCOUNTANT’S ROLE IN THE ORGANIZATION TRUE/FALSE 1. Management accounting information focuses on external reporting. Answer: False Difficulty: 1 Objective: 1 Terms to Learn: management accounting Management accounting information focuses on internal reporting. 2. A good cost accounting system is narrowly focused on a continuous reduction of costs. Answer: False Difficulty: 2 Objective: 1 Terms to Learn: cost accounting A good cost accounting system is broadly
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The Seven Major Ethical Systems David Lawter Axia College of the University of Phoenix Throughout the history of the human race‚ men and women have struggled with determining the difference between good and bad actions. For example‚ if you are walking through a crowded store and the person in front of you drops some money on the floor‚ you have to make a decision whether to pick it up and walk away or to return it to the person that dropped it. For most people‚ their morals‚ that have been
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Explain Utilitarianism Utilitarianism was developed in the 18th century by Hutcheson‚ who used the phrase ‘the greatest good for the greatest number’ to describe his theory. Hutcheson’s idea‚ seeks to find a rational means of assessing how best to put this promotion of happiness into practice. It is split into two types; Act Utilitarianism‚ this is the earliest form in which what is deemed right is based on the assessment of results of a particular action‚ and Rule Utilitarianism which allows
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UTILITARIANISM Utilitarianism is an ethical theory that holds that an action is right if it produces‚ or if it tends to produce‚ the greatest amount of good for the greatest number of people affected by the action. Otherwise the action is wrong. This cost-benefit analysis is a form of utility calculation. People in business theory use utility curves to plot the results of various actions‚ choosing those that maximize whatever it is that they wish to achieve. This utility approach is not foreign
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networks for business‚ the management of company’s information online has developed into an issue to be concerned. AIS‚ which is short for Accounting Information System‚ is not merely related to accounting information management as the business develops around the world. In the various explanations of AIS in the Lecture 1‚ p12130 Accounting Information System‚ presented at the University of Nottingham Ningbo by Trevor Bayley‚ Vaassen (2002) defined AIS as provides information for decision-making
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chapter 1 INTRODUCTION TO FINANCIAL STATEMENTS ● the navigator ● ● ● ● ✓ Scan Study Objectives Read Feature Story Scan Preview Read Text and Answer Do it! p. 5 p. 11 p. 18 p. 20 Work Using the Decision Toolkit Review Summary of Study Objectives Work Comprehensive Do it! p. 23 Answer Self-Test Questions Complete Assignments Go to WileyPLUS for practice and tutorials Read A Look at IFRS p. 42 study objectives After studying this chapter‚ you should be able to: 1 Describe the primary
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Point Sales Management System System Analysis and Design Report March‚ 2013 Abstract * List of Content * List of Figures * List of Tables Introduction * Background of the organization * Information systems in the organization * The selected project * stating the reason for your selection * The methodology Chapter One Introduction “Gaza Mall” one of the best shops in Gaza Strip‚ it consists of two floors‚ located in the Center of Gaza City‚ the Mall
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Chapter 1 PROBLEM AND ITS SETTINGS This chapter presents the introduction‚ conceptual framework‚ statement of the problems‚ statement of objectives‚ scope and limitation of the study‚ significance of study and definition of terms. 1.1 Introduction The study is about automated enrolment system for “Fruitful Harvest Christian Preschool”‚ a school that is privately owned and managed but then‚ the enrolment system on the said school is still in manual. The school was established last 2008 which
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I think Utilitarianism is the most morally right thing to do in situations where human lives are involved. I believe this because in a situation where you can either save nine humans lives but you have to kill one or you just don’t do anything and let the nine people die and one survive I think it is only logical to pick the option where you save the most lives. However some people will say that using utilitarianism shouldn’t be used because you would be regarded as a murder which is a sin and is
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Utilitarianism is not necessarily intended to be utilized as a "decision strategy" to choose what to do. If we can realize that a strategy will deliver extremely great results and unimportant bad results‚ then that activity is logical. Be that as it may‚ we aren’t generally great at realizing what activities will create great results and we can frequently be overconfident in our capacity to do as such. It is regularly wrong to choose something we accept will likely have great results if that conduct
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