UNIVERSITY OF LONDON 279 0025 ZA 996 D025 ZA BSc degrees and Diplomas for Graduates in Economics‚ Management‚ Finance and the Social Sciences‚ the Diploma in Economics and Access Route for Students in the External Programme Principles of Accounting Wednesday‚ 5 May 2010 : 10.00am to 1.15pm Candidates should answer FOUR of the following SEVEN questions: QUESTION 1 of Section A‚ QUESTION 2 of Section B‚ ONE question from Section C and ONE further question from either Section B or
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CHAPTER 5 Short Exercises SE1 – SE10‚ Exercises E3 and E5‚ and Problems P2 and P3. SE1. 1. Objective 2. Qualitative 3. Objective 4. Qualitative 5. Objective SE2. 1. Full disclosure 2. Materiality 3. Cost benefit 4. Conservatism 5. Consistency SE3. 1. Property‚ plant and equipment 2. Current liability 3. Current liability 4. Not included 5. Owner’s Equity 6. Current Asset 7. Intangible Asset 8. Current Asset 9. Investment
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Unit two: Principles of providing administrative services Section 1 – Understand how to make and receive telephone calls 1. Complete the table below with descriptions of at least two different features of a telephone system and how / when they would be used. |Feature |How / when used | |Transfer of calls. |This feature allows
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Accounting Principles The general rules and concepts that govern the Accounting filed are referred to as the Principles of Accounting. The Financial Accounting Standards Board (FASB) using the groundwork of principles and guidelines has formulated these rules. They lay the foundation for sound and ethical accounting practices. The GAAP (Generally accepted accounting principles or "GAAP") consists of three important sets of rules: • The underlying accounting principles • The rules and standards
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PRINCIPLES OF ACCOUNTING(POA)/ACCOUNTING FOR MANAGERS(AFM) Basic Accounting Concepts & Terminologies ACCOUNTING- DEFINITION Accounting means the various technical activities performed by accountants‚ including financial accounting‚ bookkeeping and management accounting. Accounting is considered to be as old as money. However in 1494 Lucas Fra Pacoili‚ an Italian Merchant is universally regarded as the father of modern system of accounting or double entry system of accounting. Accounting has
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CXC CSEC Principles of Accounts Exam Guide Section 1: Introduction to Principles of Accounts SPECIFIC OBJECTIVES The students should be able to: CONTENT 1. Explain the concept of accounting; concept of “Accounting” and “Principles of Accounting” 2. State the purpose of accounting; Accounting as a business practice – the purpose of Accounting. 3. Identify the users of accounting information; Internal and external users Accounting information and their needs 4. Outline
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http://njit.experience.com/er/stu/profile/career_prefs.jsp Three Principle Gears mentioned in this paper: To solve the problems or the issues that the companies are facing the author has suggested these three principle gears that were designed to help the companies to overcome the communication gap with the help of business strategy and technology. Gear One- Long Term IT Plan: This gear focuses mainly on the IT technology‚ objectives and goals. Successful business planning requires concentrated
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or work slowly to protect his own best interests 3. Inefficient rule of thumb methods‚ which were almost universal in all trades‚ which cost much wasted effort In this section‚ Taylor explained his principles of scientific management. Taylor ’s scientific management consisted of four principles: 1) Replace rule of thumb work methods with methods based on a scientific study of the tasks. 2) Scientifically select and then train‚ teach‚ and develop the workman‚ whereas in the past the employee
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Section 1 – Understand how to make and receive telephone calls 1. Complete the table below with descriptions of at least two different features of a telephone system and how / when they would be used. Feature How / when used 1. music on hold That type of phone is used when a person is placed on hold and the music is played to them. Usually used when calling customer service. 2. transfer This one enables to transfer a caller to another extension. Usually used at the reception
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Principle of Double Effect An action that is good in itself that has two effects--an intended and otherwise not reasonably attainable good effect‚ and an unintended yet foreseen evil effect--is licit‚ provided there is a due proportion between the intended good and the permitted evil. When there is a clash between the two universal norms of "do good" and "avoid evil‚" the question arises as to whether the obligation to avoid evil requires one to abstain from a good action in order to prevent a
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