FUNDAMENTALCONCEPTS OF ACCOUNTING Accounting is the language of business and it is used to communicate financial information. In order for that information to make sense‚ accounting is based on 12 fundamental concepts. These fundamental concepts then form the basis for all of the Generally Accepted Accounting Principles (GAAP). By using these concepts as the foundation‚ readers of financial statements and other accounting information do not need to make assumptions about what the numbers mean. For
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Why Iceland Exists Iceland has an area of 103‚000 kilometres square. This makes it the 18th largest island in the world. It is just south of the Arctic Circle. The Iceland hotspot and the Mid-Atlantic Ridge go right through Iceland. This is an essay about how tectonic activity and how it comes to form Iceland. Location Iceland is an island between the Greenland Sea and the Northern Atlantic Ocean‚ northwest of the United Kingdom Iceland is situated right in the North Atlantic Ocean. Iceland
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This is so I can have an account so eat food‚ potato tomato jump off a cliff. I eat one meal a day. How many words do I need. I am trying to get 500 words. I think it is really dumb that I have to do this. All I want to do is go on youtube on my tablet. Is that so much to ask for? There is too many words needed to be able to look at stuff on this site. Brick squad. I’m a full throttle killer‚ just ask the ben stiller. Can’t think of words‚ this is just a filler. Down in the dumps‚ feelin’ like
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Why do people behave the way that they do? I believe that a great deal of behavior is learned. When growing up we pay close attention to the things we are taught by our parents which helps to shape the way that we behave. There is also the environment to consider‚ which may encourage people to behave a certain way. If you grew up in a neighborhood that is dangerous you would be more careful of your surroundings. We also learn from our peers‚ if there a need for acceptance then we would behave the
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After hand-over I and my colleague was assigned for top floor. We decided to give personal care to Mr P. I knocked the door of Mr P’s room‚ with his permission we entered in the room. I said good morning and asked if he is ready to get up. He was very cheerful and agreed to get up. I asked Mr P if he will like to access the toilet first. I made sure this was done in the privacy of the his room using his preferred method of communication which is spoken words. Mr P said that he would like
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SOLUTIONS TO BRIEF EXERCISES BRIEF EXERCISE 7-1 The correct order is: 1. 2. 3. 4. Identify the problem and assign responsibility. Determine and evaluate possible courses of action. Make a decision. Review results of the decision. BRIEF EXERCISE 7-2 Net Income Increase (Decrease) ($ 35‚000) (25‚000) $ 10‚000 Alternative A Revenues Costs Net income $150‚000 100‚000 $ 50‚000 Alternative B $185‚000 125‚000 $ 60‚000 Alternative B is better than Alternative A. BRIEF EXERCISE 7-3 Net Income
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1. What was the Kanthal president‚ Ridderstråle‚ attempting to accomplish with the Account Management System? Are these sensible goals? Ridderstrale had the objective to find hidden profits and losses contained in their current accounting system. The old system did not fully disclose how their costs were applied to the sales accounts. The goals are very sensible as they will allow them to move forward with the proper information. 2. Why did Ridderstråle feel that the previous cost system
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assignment I will be writing a reflective account which will identify a significant episode of care in which I had been involved with‚ by identifying the pathophysiology and the disease process for the chosen patient; this will be presented by giving a brief outline of the psychosocial influences of the illness for the patient and others who may have been involved with the care. I will also reflect upon this episode by using a reflective model and examining the nursing process‚ using a holistic perspective
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Explain the main reasons why financial markets and financial intermediaries exist. Under recent years‚ our financial institutions have come under intense criticism‚ questioning their very purpose. In order to look at the questions that arise as to why financial markets and intermediaries exist‚ it is first important to look at what they are. Financial intermediaries and market’s main purpose is to create a mechanism where money can be reallocated to their most productive opportunities(Casu et al
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Introduce topic and explain why it is a problem and why gentrification happens. “Once this process of "gentrification" starts in a district‚ it goes on rapidly until all or most of the original working class occupiers are displaced‚ and the whole social character of the district is changed” (Rush Glass 1964). In our present day society‚ the middle class is getting smaller while the lower class rises‚ despite this‚ gentrification if making its appearance in many regions to satisfy middle class demands
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