The basic principles of an accounting information system include all of the following except | | | Student Answer: | | cost effectiveness. (Cost effectiveness is one of the basic principles of accounting information systems.) | | | | flexibility. (Flexibility is one of the basic principles of accounting information systems.) | | | | useful output. (Useful output is one of the basic principles of accounting information systems.) | | | | periodicity. (Correct! Periodicity
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POLITICAL SCIENCE AS A SOCIAL SCIENCE Political Science is in part a social science‚ and in part a humanity. Both are important. In this topic‚ we will look at the basics of social science inquiry‚ and then proceed to show how this differs from‚ on the one hand‚ inquiry in the natural sciences and‚ on the other‚ inquiry in the humanities. Social Science Social science inquiry seeks to develop empirical theory. �Empirical�
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A HISTORY OF SCIENCE AND TECHNOLOGY IN THE PHILIPPINES* by Olivia C. Caoili** Introduction The need to develop a country’s science and technology has generally been recognized as one of the imperatives of socioeconomic progress in the contemporary world. This has become a widespread concern of governments especially since the post world war II years.(1) Among Third World countries‚ an important dimension of this concern is the problem of dependence in
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Accounting and Profiling Information Management System A System Proposal Presented to the Faculty of the Information Technology Education Program University of the Immaculate Conception Fr. Selga St.‚ Davao City _________________ In Partial Fulfilment of the Academic Requirements for the Subject SYSTEMS ANALYSIS AND DESIGN (SAD) By: Dayrit‚ John Paul N. Evasco‚ Allan Christopher G. Mendoza‚ John Mark N. September 2013 Table of Contents Part I SYSTEMS ANALYSIS
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cases depended upon by scholars in most major fields of study including‚ Law‚ Accounting‚ Mathematics‚ Management‚ Sociology and Experimental Psychology and more. This essay will analyse some popular management theories in order to identify the fact that management theories as a whole cannot be compared to those of another field of study due to their lack of precision and vagueness. It will provide an example of a precise theory‚ whilst discussing the importance of having management theory. ‘“Nothing
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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U. S. Generally Accepted Accounting Principles (U. S. GAAP) and International Financial Reporting Standards (IFRS) There are numerous companies that use different types of accounting standards or rules. International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles the most popularly used by companies. IFRS is a set of accounting standards that provides a global framework for how public companies prepare and disclose their financial statements. The U.S. Generally
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ACCT 203: Section 1 Essay Instructions The Issue: You are a partner in Acme Accounting PSC and as such are considering how to respond to a letter written to you by “Bob” a new client. In his letter‚ he stated that he heard that there are two ways he can identify cost in the normal course of his construction business operations. He would like two know what they are‚ the major differences between them and which one best fits his business in terms of performance analysis. Your partners have asked
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Earth scientist. The study of Earth science deals with many fascinating and practical questions about our environment. Vllhat 1 forces produce mountains? Why is our daily weather so variable? Is climate really changing? How old is Earth‚ and how is it related to the other planets in the solar system? What causes ocean tides? 3 What was the Ice Age like? Will there be another? Can a successful well be located at this site? The subject of this text is Earth science. To understand Earth is not an easy
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The formation of the debit and credit concept In this simplified form we can begin to see what the mathematician and Father of Accounting (Luca Pacioli) saw in 1494 when he codified the double-entry bookkeeping system. It is his codified system that outlined the rules for applying debits and credits when recording the financial transactions of a business in the double-entry bookkeeping system. Now remember that Luca’s book in 1494 was written and published in Latin and at a time when the concept
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