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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Practicing a sport is much more than the sole act of pushing my body through exhaustion or using my skills to reach a goal. Many positive results come with participating in a sport. There aren’t too many negatives that can take place. After getting involved in sports‚ there are many effects that can happen including physical‚ human and social effects. The first major effect of practicing a sport is that I will develop physical abilities. My body will be in better shape‚ and I’ll be able to achieve
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switches at a time. Assuming no safety stocks‚ Litely estimates a 50% chance of no shortages in each cycle‚ and the probability of shortages of 5‚ 10‚ and 15 units as 0.2‚ 0.15‚ and 0.15 respectively. The carrying cost per unit per year is calculated as $5 and the stockout cost is estimated at $6 ($3 lost profit per switch and another $3 lost in goodwill‚ or future sales loss). What level of safety stock should Litely use for this product? (Consider safety stock of 0‚ 5‚ 10‚ and 15 units) Carrying
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Grade: 9 Sports and Physical Education Youth now a days are interested to know the Sports. Why did we love Sports? In Sports we must have to test our muscular strength‚ power‚ endurance‚ flexibility‚ and cardio-respiratory fitness by Physical Fitness. Physical Fitness is a way of life characterized by the ability of an individual to perform daily task successfully. There are many sports to be like or sports that can fit to our lifestyle. Like badminton‚
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Chapter 5 PROSPECTUS DEFINITION [SECTION 2(36)] • Any document inviting deposits from the public for the subscription or purchase of any securities of a body corporate. Following types of documents are prospectus: - ❑ Any document described or issued as prospectus; including ❑ any notice‚ ❑ circular‚ ❑ advertisement or ❑ other document • Ingredient to constitute a “prospectus” i) There must be an “invitation to the public”; ii) The invitation
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scussions of violence in sports‚ like discussions of deviance‚ are often connected with people’s ideas about the moral condition of society as a whole. When athletes engage in quasi-criminal violence on the fi eld or criminal violence off the fi eld‚ many people see it as evidence that the moral foundation of society is eroding. They fear that young people who look up to athletes as role models are learning a warped sense of morality. Statements about violence in sports are often confusing. Some people
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Some people prefer to play team sports‚ while others prefer to play individual sports. Discuss the advantages of each. Then indicate which you prefer and why. Probably‚ I will not tell you a secret if I say that sport plays a great role in our life. It is also known that the reason of its popularity is not only that sport is a well known method to keep fit‚ be healthy and beautiful‚ nice entertainment and recreation. Actually‚ nowadays‚ sports‚ both team and individual‚ is an integrated part of
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The Emperor’s Club Q1. Do you think Professor William Hundert did the right thing? What are the ethical and moral dilemmas would he have experienced? Did his choice help or hinder Sedgewick? A. I believe Professor William Hundert did not do the right thing. Selecting Sedgewick Bell over Martin Blythe‚ not on the bases of merit‚ was not only unfair to Blythe but can also be perceived as favouritism. It is true that he wished to see Sedgewick Bell succeed and wished to motivate him to work harder
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Joint Stock Company Company A company is an artificial person created by law‚ having a separate legal entity‚ with a perpetual succession and a common seal. It is an association of individuals for the purpose of earning profit. It has a capital divided into a number of shares‚ of which each member possesses one or more shares and which are transferable by its owners. Joint Stock Company has been defined by many eminent authors‚ jurists and institutions. Some of these definitions are
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What is internal control? It is the organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent‚ reliable‚ and ethical personnel * Assignment of responsibilities * Proper
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