country. Based on 1998 data‚ carried out by Data monitor UK‚ NTPC is the 6th largest in terms of thermal power generation and the second most efficient in terms of capacity utilization amongst the thermal utilities in the world. NTPC’s core business is engineering‚ construction and operation of power generating plants and also providing consultancy to power utilities in India and abroad. As on date the installed capacity of NTPC is 27‚404 MW through its 14 coal based (22‚395 MW)‚ 7 gas based (3‚955
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15.514 Summer 2003 Session 17 Activity-Based Costing Objectives 1. Computation of product costs using ABC 2. Understand the role of judgment: how are cost pools and cost drivers determined? 3. Link cost data to strategic choices Game Plan & Class Pedagogy Case discussion. Reading Assignment CP: Siemens Electric Motor Works Class Preparation Questions Focus your group’s attention on the qualitative questions (1 -6). Attempt to answer questions 7 and 8 before coming to
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Becoming a flexible reader There are three important reading style that each student to be a flexible reader. Each has its own purpose‚ a student has to identify his purpose for reading and decide if he is reading or looking for specific information. The first style is Study Reading‚ this is the use when the purpose is to read difficult material at a high level of comprehension. the student should read at a rate that is slower than his normal rate‚ he must challenge himself to understand the material
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THE INNOVATION OF TIME-DRIVEN ACTIVITY-BASED COSTING Robert S Kaplan; Steven R Anderson Cost Management; Mar/Apr 2007; 21‚ 2; ABI/INFORM Global pg. 5 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Reproduced with permission
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Why is the lens flexible? The lens within our eyes is flexible so that it can adjust according to the environment you are in‚ so that you can see clearer and focus on an object closer up or farther away. It bends and shifts depending on how close or far you are from the object you are looking at. When you age‚ the lens becomes less flexible and it becomes harder to see. This is a condition that will eventually affect everybody‚ and is known as presbyopia. Name the three parts that the eye needs
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Budget Interpretation Budgets help to bring spending under control and lead the way for the development of plans that enable an organization to become or remain fiscally sound. For an organization to develop or maintain financial stability‚ it must understand the purpose of budgeting and how to apply the various budgeting techniques that will help promote and expand the business. Budgeting requires organizations to use financial projections to attract investors and secure grants or donations‚ which
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Introduction Prior to researching this topic‚ my impression of management was limited. My concept was meshed within the framework of business and economics. Therefore‚ my definition of this construct was in error. For rectification‚ and foundational reference‚ management is the process of directing resources towards the accomplishment of a specific goal. This definition‚ one that I have derived from the compilation of many‚ incorporates two key variables. The first operative word in this definition
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Importance of Cash Budget A cash budget is a projection of how your business will earn and spend money during an upcoming period. Preparing a cash budget is important because the process forces you to think about your expectations and plan for the future. It is important to follow your cash budget--unless unforeseen circumstances arise--because adherence to a plan can discipline your spending. The most immediate practical benefit of a cash budget is restricting your spending so
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INDIAN UNION BUDGET FOR THE YEARS 2007-2012 CONTENTS 1. Acknowledgement 2. Introduction about Budget 3. Budget Processing 4. Presentation and Analysis of Data 5. Conclusion ACKNOWLEDGEMENT I would like to thank The Almighty God for showering his blessings upon me. It is only due to his mercy that I was in good heath and was able to complete this project. Secondly I would like to thank my Business Economics teachers‚ Ms. Kavya and Ms. Anjana
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Master Budget Master Budget Definition The master budget is the aggregation of all lower-level budgets produced by a company’s various functional areas‚ and also includes budgeted financial statements‚ a cash forecast‚ and a financing plan. The master budget is typically presented in either a monthly or quarterly format‚ and usually covers a company’s entire fiscal year. An explanatory text may be included with the master budget‚ which explains the company’s strategic direction‚ how the master
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