Business 1.1 Core Business Activity Public Bank Berhad’s core business is to provide wide range of banking and financial services that includes commercial banking‚ retail wealth management‚ Islamic banking‚ investment banking‚ stock broking and card businesses. Public Bank is a market leader in consumer banking and retail commercial lending to SMEs (Small to Medium Enterprise) in Malaysia‚ complemented by corporate banking services as well. (Public Bank) Source: Annual Report 2007 c p29
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Exercise 2-3 (CC 1‚ 2‚ 3‚ 4) (15 minutes) | | Cost Behaviour | | To Quantity of Baked Goods Produced | | Cost Item | Variable | Fixed | | Direct | Indirect | 1. | Account Manager’s salary | | X | | | X | 2. | Rent on building | | X | | | X | 3. | Flour used in the making of croissants | X | | | X | | 4. | Bakery manager’s salary | | X | | | X | 5. | Wages of bakers | X | | | X | | 6. | Amortization of commercial ovens used in baking | | X | | | X | 7
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COST ACCOUNTING-MMS FORMAT OF COST SHEET Opening stock of Raw Material XX Add: Raw material purchased XX Less: Closing Stock of Raw Material XX Raw Material Consumed ZZ Direct Labor XX Direct Expenses. XX PRIME COST ZZ Add: Factory Overheads: Indirect Material XX Indirect Labor XX Indirect Expenses XX GROSS WORKS COST/FACTORY COST ZZ Add: Opening WIP XX Less: Closing WIP XX COST OF GOODS MANUFACTURED
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Wanderlust: Curiosity at its Finest An Extended Definition Essay Rochelle Rizza Yuzon De La Salle – College of Saint Benilde Wanderlust: Curiosity at its Finest Thesis Statement: Wanderlust is necessary for the creative mind. “Curious thoughts lead to curious places.” – Lee Jeans Philippines Alice‚ drowsily reading a book‚ catches sight of a White Rabbit in a waistcoat. The White Rabbit brings out a pocket watch and blurts out he was running late. Out of curiosity‚ Alice follows the White
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Cost Accounting‚ 14e (Horngren/Datar/Rajan) Chapter 2 An Introduction to Cost Terms and Purposes Objective 2.1 1) Cost objects include: A) products B) customers C) departments D) All of these answers are correct. Answer: D Diff: 2 Terms: cost object Objective: 1 AACSB: Reflective thinking 2) Actual costs are: A) the costs incurred B) budgeted costs C) estimated costs D) forecasted costs Answer: A Diff: 1 Terms: actual costing Objective: 1 AACSB: Reflective thinking 3) The general term used to identify
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Executive Summary The Canadian National Bank is a case involving employee grievances and ethical issues. On February 26‚ 1997‚ Lesley Mahon was shocked and upset about the serious allegation complained formally by her subordinate—Pam Stewart to the "National Committee for Employee Concerns"(NCEC). She was wondering if there was any action to take to solve the problem. This situation was a breakout of their conflicts in a long period. The main two causes of the issues were Lesley’s leadership and
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manufacturing variable costs in inventory. 3. Under both variable and absorption costing‚ all variable manufacturing costs are inventoriable costs. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: variable costing‚ absorption costing 4. Under variable costing‚ fixed manufacturing costs are treated as an expense of the period. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: variable costing 5. The contribution-margin format of the income statement is used with
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program. The aim of this internship report is to connect practical knowledge with theoretical knowledge since everyone must be expert in both theoretical and practical knowledge for the competitive world. The report will mainly focus on how National Bank Limited is providing satisfaction to target customers and how its services are making transaction methods more acceptable inside the country and even worldwide. Identifying its major strengths and weaknesses base on some performance analysis is
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PROBLEM SET 4 1) Consider the following utility functions‚ where W is wealth: (a) U (W ) = W 2 1 (b) U (W ) = W (c) U (W ) = −W (d) U (W ) = W (e) U (W ) = ln(W ) (f) U (W ) = W 1−γ ‚ with γ = 2 1−γ How likely are each of these functions to represent actual investor preferences? Why? 2) Suppose investors have preference described by the following utility function with A > 0: U = E(r) − 1 Aσ 2 2 Each investor has to choose between three portfolios with the following characteristics:
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Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 2‚ No 4‚ 2011 www.iiste.org Compliance of IAS-30: A Case Study on the Specialized Banks of Bangladesh Md. Shamim Hossain (Corresponding author) School of Business and Economics‚ Manarat International University Plot # CEN 16‚ Road # 106 Gulshan‚ Dhaka-1212‚ Bangladesh E-mail: samimhosain@yahoo.com Mobile No.: +8801927652385 Abdul Alim Baser Brac Business School‚ Brac University 66 Mohakhali Dhaka
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