will I am sure be of interest not only to our student audience but as a refresher to those of you in practice that may be required to deal with this concept. In most businesses debtor balances represent an important element of working capital. Accounting principles dictate that the supply of goods or services is accounted for as sales‚ at the point at which the buyer has a legal obligation to pay for them. Total debtors represent the value of credit sales for which payment has yet to be received
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Content 1 Introduction 1 1.Task one 2 The models and concepts affecting the pricing decisions taken by organisations‚ critically reflecting upon their usefulness 2 2‚ Task two 6 The role of standard costing and variance analysis in management accounting and a critically discussion of the value and limitations of variance analysis as a means of identifying key areas which have contributed to the overall profit figure. 6 3‚ The advantages and disadvantages of introducing an Activity Based Costing
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$500‚000 and is known by both Brickhouse and Boudreau to be a fairly "soft" amount. Identify possible causes of action. -Brickhouse is acting unethically. His action serves only his self-interest‚ self review and has no clear basis in proper accounting procedures‚ so ignoring the familiarity with brickhouse ‚the controller‚ Louise Boudreau‚ should not manipulate net income in view of any compensation plan the company may have.He must comply with relevant laws and regulations and not assist others
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Chapter 1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements
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a person’s daily life. Exercise addiction is most common among athletes‚ bodybuilders and those who are regularly involved in any form of exercise. Exercise becomes an addiction when an individual compulsively engages in any form of exercise regardless of physical injury‚ personal inconvenience or disruption to other areas of life including marital strain‚ interference with work and lack of time for other activities (Landolfi‚ E. 2013). Most people start an exercise program with good intentions
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Physical exercise is any bodily activity that enhances or maintains physical fitness and overall health. It is performed for many different reasons. These include strengthening muscles and the cardiovascular system‚ honing athletic skills‚ weight loss or maintenance and for enjoyment. Frequent and regular physical exercise boosts the immune system‚ and helps prevent the "diseases of affluence" such as heart disease‚ cardiovascular disease‚ Type 2 diabetes and obesity.[1][2] It also improves mental
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English 101 Mr. B 17 March 2013 Do you exercise? Obviously exercise is important and has many benefits. When the word exercise is mentioned‚ what comes to mind? Some people believe that exercise is more of a health and heart thing. Some believe exercise is more for appearance and the way one looks. While others believe exercise is for psychological reasons. Exercising is important for a lot of things dealing with the body. Most all benefits of exercise are helpful for the body and health.
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Is Marketing Management an artistic exercise or a scientific exercise? The marketing concept focuses on customer analysis‚ competitor analysis‚ and integration of the organisation’s resources to provide customer value and satisfaction‚ as well as long-term profits (Pride et al. 2007‚ p. 13). To gain customer’s satisfaction‚ organisations need to respond to ever-changing customer needs in a timely manner. Being too concerned about the analysis result has a risk of giving marketers a narrow view
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Eating and Exercise During the simulation of the fictional patient‚ I learned many new things such as the importance of a diet. It is extremely beneficial to eat a variety of fruits and vegetables. As well as‚ to eat your fair share of meat for protein. Also carbohydrates‚ vitamins‚ fats‚ and fibers. It is essential to maintain a balanced diet because the diet helps us to achieve a long healthy life‚ controls body weight‚ and heart rate. Regular physical activity can produce long term health
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correct picture on the firm’s financial performance and financial position. We have to recognize all transaction occurring in that accounting period‚ irrespective of whether cash has been received or paid. The ultimate objective of adjusting entries is to ensure that the revenues (income) earned in the accounting period are matched by all costs incurred for that same accounting period (Monash College‚ 2011). Prepayment There are two types of adjusting entries‚ prepayments and accruals. Prepayment is
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