Interpret the contents of a trading profit and loss account and balance sheet for a selected company. Wansbeck Motors Ltd is a limited company‚ there for have to submit their income statement and balance sheet to HM Revenue and Customs every year‚ for larger businesses this could be more often. The Income Statement (Trading Profit And Loss Account) I would also point out the fact that the “trading profit and loss account” is now called an income statement. The income statement was constructed
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Introduction: In this task I will analyse the reasons why costs need to be controlled to budget. Budget: An estimate of costs‚ revenues‚ and resources over a specified period‚ reflecting a reading of future financial conditions and goals. One of the most important administrative tools‚ a budget serves also as a plan of action for achieving quantified objectives‚ standard for measuring performance‚ and device for coping with foreseeable adverse situations. Variable costs: Variable costs include
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Ethical principles There are four key principles in health and social settings‚ where the individual is at the heart of the health and social care provision. The four key principles are: Justice: people must be treated fairly no matter what their background. Autonomy: a person’s choices must be respected. Beneficence: this involves risks and costs; the health or care professional should act in a way that benefits the patient. Non-maleficence: any harm caused by a treatment or
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“Do you agree with the view suggested in source 5 that the main factor preventing the press from publishing ‘bad news’ during the Boer war was censorship by the military authorities?” Bad news during the Boer war was events such as the mass death which occurred in the concentration camps. Source 5 says that “some journalists tried to report bad news as well as good‚ but in the face of military cenecorship‚ they did not persist”. I do agree with the view suggested by Source 5 because the Boer war
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Share your thoughts on sustainability. How important is it for sustainable business practices to take hold in order for a business to succeed in today’s business environment? For example‚ does a green company impact your choice when purchasing products? Sustainability to me in the business world means that an organization operates environmentally responsible and safe. The different methods utilized and products produced must have no harmful effects on the environment due to their existence. It
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Three software utilities that can improve performance on a computer system Having security based software‚ clean-up based software‚ and drive formatting can dramatically change how well you computer performs. Security based utilities such firewalls are highly important as your computer is at risk all the time. The main risks to your computer are from virus‚ Trojans‚ worms‚ cookies‚ spyware and many more. These can be sent though free software downloads emails‚ internet websites‚ bad cookies
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When applying for a job‚ it is necessary that a person has employability‚ personal and communication skills‚ in order to obtain the job. Employability skills are general skills that are needed to get most jobs‚ but they also represent the skills that would help a person keep the job and improve their position. For example‚ an employer would look at skills like experience in similar role; knowledge of products/services; experience of specific industry; effectiveness in meeting personal and team/departmental
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Job Description A job description is a list that a person might use for general tasks‚ functions and responsibilities of a position. It may often include to whom the position reports to‚ specifications such as: Job Title - To make sure applicant knows what job he/she is applying for Location - To inform the applicant of where the job requires him/her to be Description of the organisations business - To show what the applicant will be working with if employed Purpose of job – To show what field of
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M2 Describe legislations and regulations‚ working strategies and procedures used in health and social care to reduce the risk of two types of abuse Scenario one I am going to use an elderly lady‚ called Arlene (aged 91) who lives in a residential care home who is being neglected by the care providers in the setting. Care standards act 2000 is a legislation put in place in health and social care settings to ensure that all the standards are met at all times and something is done about it if they are
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The presidential election of 1828 brought a great victory for Andrew Jackson. Not only did he get almost 70 percent of the votes cast in the electoral college‚ but popular participation soared to an unheard amount of 60 percent. Along with Jackson‚ came Jacksonian democracy also known as “The Age of the Common Man” which impacted further advances in political process by the “common man” and minorities‚ the economic stability of the nation‚ and the status of the Union and sectionalism. These impacts
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