auditors of companies in India. The scope for this lucrative career is bright in an economically developing nation like ours and as such‚ the career can be termed as challenging and rewarding for competent professionals in the field. 2) Finance & Accounts A bachelor’s degree is the minimum prerequisite for most careers in the accounting industry. The industry is growing and is expected to continue to grow as laws and policies change and as more companies have their finances closely inspected. This
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Multiple Choice Questions 1. Which of the following statements is true? A. The word "cost" has the same meaning in all situations in which it is used. B. Cost data‚ once classified and recorded for a specific application‚ are appropriate for use in any application. C. Different cost concepts and classifications are used for different purposes. D. All organizations incur the same types of costs. E. Costs incurred in one year are always meaningful in the following year. 2. Which of the following
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Description of business 1 Brian clothing and shoe world is a sole trader business. It involved in both retail and wholesale quantity. The business acquire its product form the U.S.A where a 5% is added on the price of the product. Type of business Sole trader. Nature of business 1.Clothing and shoes 2. my business deals with wholesale and retail Objectives 1. to make a profit from my business. 2. to reach a common goal. 3. to give customer their wants needs. 1 Justification of location 2 16
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REFLECTIVE ACCOUNT UNIT 6 ROLE OF A HEALTH AND SOCIAL CARE WORKER AT 7.15AM I CLOCK IN AND TAKE MY COAT AND BAG OFF AND LOCK THEM IN MY LOCKER SO I AM READY TO START MY SHIFT STRAIGHT AWAY‚ EVEN THOUGH I SOMETIMES SOCIALISE WITH SOME OF THE STAFF I WORK WITH I ENSURE I AM IN THE RIGHT FRAME OF MIND TO WORD PROFFESIONALLY WITH THEM AND NOT PERSONALLY SO THAT WE ARE ABLE TO WORK AS PART OF A TEAM AND ARE ABLE TO DO THE JOBS THAT WE ARE EMPLOYED TO DO‚ THEN I WILL WALK INTO THE DINING ROOM
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Activity 3 Consider your workplace as a learning environment and reflect upon three areas for improvement. The term reflection refers to reviewing experience from practice so that it may be described‚ analysed‚ evaluated and consequently used to inform and change future practice.” According to Somerville and Keeling (2004) nursing is a profession where reflection is important whereby it helps to identify strengths and weaknesses. Jarvis (1992) mentioned that reflective practice can also be known
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Final Assessment Question 1 Carey Manufacturing‚ Inc.‚ is considering reorganizing its plant into manufacturing cells. The following estimates have been prepared to evaluate the benefits from the reorganization: Before the change After the change Total annual sales $ 700‚000 $850‚000 Costs as percentage of sales: Direct materials 10% 9% Direct labor 6% 4% Support costs 9% 7% Work-in -process inventory $200‚000 $120‚000 Inventory carrying costs are estimated
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History and Economic Impact William F. Fox Professor of Economics University of Tennessee March 13‚ 2002 This chapter focuses on two basic issues‚ the history and the economic impact of sales taxes. The chapter is divided into five sections. The first is a brief review of sales taxes and their implementation throughout history. The second discusses the general sales tax’s role in current U.S. state government finance. The third is an examination of the sales tax as a consumption tax‚ and the other
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Theory of Accounts 1. The fundamental qualitative characteristic of faithful representation has the components of a. Predictive value and confirmatory value b. Comparability‚ consistency‚ and confirmatory value c. Understandability‚ predictive value‚ and reliability d. Completeness‚ neutrality‚ and freedom from error 2. The amount reported as “Cash” on a company’s balance sheet normally should exclude a. Postdated checks that are payable to the company b. Cash in a payroll account c. Undelivered
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Demat‚ in India‚ refers to a dematerialised account. For individual Indian citizens to trade in listed stocks or debentures. The Securities Exchange Board of India (SEBI) requires the investor to maintain a Demat account. In a demat account shares and securities are held in electronic form instead of taking actual possession of certificates. A Demat Account is opened by the investor while registering with an investment broker (or sub broker). The Demat account number which is quoted for all transactions
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UNIVERSITI UTARA MALAYSIA COLLEGE OF BUSINESS SESSION A131 ______________________________________________________________________________ COURSE CODE : BKAF3083 COURSE : ACCOUNTING THEORY AND PRACTICE PRE-REQUISITE : BKAF3073 FINANCIAL ACCOUNTING AND REPORTING IV 1.0 SYNOPSIS This course is an advanced level course focusing on financial accounting theory; and as such‚ it differs from other accounting courses learnt previously. It
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