fluid is flow work. Flow Work (Flow Energy) A Flow Element Flow Work with Imaginary Piston Click to View Movie (68 kB) Work is needed to push the fluid into or out of the boundaries of a control volume if mass flow is involved. This work is called the flow work (flow energy). Flow work is necessary for maintaining a continuous flow through a control volume. Consider a fluid element of volume V‚ pressure P‚ and cross-sectional area A as shown left. The flow immediately
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Neighbour Principle: You must take reasonable care to avoid acts or omissions which you can reasonably foresee would be likely to injure your neighbour- Who‚ then‚ in law‚ is my neighbour? The answer seems to be - persons who are so closely and directly affected by my act that I ought reasonably to have them in contemplation as being so affected when I am directing my mind to the acts or omissions that are called in question Donoghue v Stevenson Neighbour Principle: You must take reasonable
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A Quantitative Enzyme Study: CATALASE FlowChart Purpose: Measure the rate of enzyme activity in different conditions Procedure: A. Extraction of Catalase 1. Peel potato 2. Cut into cubes 3. Mass 50g 4. Measure out 50ml of cold distilled water in blender 5. Add crushed ice into blender (small amount) 6. Add the potato cubes into the blender 7. Turn on blender on high for 30 seconds 8. Prepare an ice bath - FROM THIS POINT ON PREPERATION MUST BE CARRIED OUT IN AN ICE BATH – 9
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Accrual Method Nonprofit organizations are required to produce financial statements based on the accrual method of accounting. How is this different from the cash basis of accounting? With accrual accounting it is easy to recognize when revenues are earned and expenses are incurred. Under the cash accounting method an non profit agency would not have any revenues because everything is recorded on a cash in and cash out transactions under cash accounting. There is never any
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Accrual Method Accrual accounting is more accurate on the “timing” of reported revenue and expenses. In cash basis accounting for instance‚ when you have shipped out the goods out of your warehouse to the customer and they have receipt‚ but haven’t received the cash‚ you didn’t book the revenue. However‚ when it comes to Accrual‚ providing you satisfy the revenue recognition principles‚ you can already book the revenue. In accrual accounting you have non-cash items on the books for a particular
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Manufacturing Process Flow for Sanitaryware Ceramic Processing Ceramic undergoes through certain processes which are: * certain processes which are: * Slip Preparation & Glaze Making * Casting & Drying * Glazing * Firing * Inspection‚ Repairing‚ Re-firing & Packing 1. Slip Preparation and Glaze Making: For the slip preparation the raw materials are mixed with water as per the requirement. Proper composition along with the sufficient amount
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the ASB (UK) issued its draft interpretation for public benefit entities (not-for-profit organisations) earlier this year. In each case the private sector model of accounts was followed closely. • What is the experience in the UK of producing full accrual based accounts for public sector organisations? Have the increased value of these accounts been realised in practice? • Who is the defining class of user for the accounts of public sector entities? • What are the main objectives of public sector
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ACCRUAL SWAPS AND RANGE NOTES PATRICK S. HAGAN BLOOMBERG LP 499 PARK AVENUE NEW YORK‚ NY 10022 PHAGAN1@BLOOMBERG.NET 212-893-4231 Abstract. Here we present the standard methodology for pricing accrual swaps‚ range notes‚ and callable accrual swaps and range notes. Key words. range notes‚ time swaps‚ accrual notes 1. Introduction. 1.1. Notation. In our notation today is always t = 0‚ and (1.1a) D(T ) = today’s discount factor for maturity T. For any date t in the future‚ let Z(t; T ) be the
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Contents of Contract Flow Chart Statements made during negotiations Conditions and Warranties Implied Terms Expressed Terms Terms Discharge of the Contract Discharge of the Contract continued Remedies available for breach of contract ----------------------- Express terms: Whether any dispute arises as to meaning of a contract it becomes necessary to construe (interpret) the terms of contract in order to ascertain intention
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right to claim the price of the goods delivered or fees for services rendered. Acquiring the legal right to claim the consideration for goods/services is called accrual of revenue‚ which usually precedes collection. However‚ in case of cash transactions‚ under the accrual method P/L A/c and Balance Sheet are prepared on the accrual basis‚ in the absence of any uncertainty about collection. This does not mean that collection has been given less importance than economic value adding and the
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