Introduction In this assignment‚ I will describe how external factors (political‚ legal‚ and social) are impacting upon the activities of a business. My chosen business is McDonalds and I will be explaining how the issues affect in both UK and India. McDonalds - is the world’s largest chain of fast food restaurants. They mainly serve hamburgers‚ cheeseburgers‚ chicken products‚ French fries‚ breakfast items‚ soft drinks‚ milkshakes and desserts. They also have options such as salads‚ apples
Premium Minimum wage India Hamburger
GOVERNMENT 1 Federal Highway Policy GOVERNMENT 2 The policy I have chosen to focus on is the Federal Speed Limit. This is a policy that involves national‚ state and local involvement and I will try to show how each plays a part in this issue. The history of the speed limit goes back decades. The oil embargo in 1973 made it necessary for the Federal government
Premium Automobile Federal government of the United States Government
CA 1-4: (a) Differentiate between Financial Accounting and Managerial Accounting. While financial accounting is the process that culminates in the preparation of financial reports on the enterprise for use by both internal (as managers) and external parties (as investors‚ creditors‚ unions‚ and government agencies)‚ managerial accounting is the process of identifying‚ measuring‚ analyzing‚ and communicating financial information needed by management to plan‚ control‚ and evaluate a company’s operations
Premium Financial statements Balance sheet Annual report
Unit 1 Week 1 Question 1 (1 point) When marketers focus on trading things of value‚ they are referring to: Question 1 options: creating value promotional offers designed to stimulate barter price charged adjusted for currency rates location where products and services are traded the exchange process Question 2 (1 point) Charles had developed a new piece of machinery that is easily configurable to the manufacturers changing specifications. His product is superior to anything that exists on the
Premium Marketing
CHAPTER 12 MULTIPLE CHOICE 12-1: d. This is recorded when the working fund is replenished. 12-2: c. Sales P 700‚000 Cost of goods sold: Purchases P800‚000 Merchandise inventory‚ end 180‚000 620‚000 Gross profit P 80‚000 Expenses 198‚000 Net income (loss) P (118‚000) 12-3: b Sales P 70‚000 Cost of goods sold (P70‚000 / 140%) 50‚000 Gross profit P 20‚000 Less: Samples (P8‚000 – P6‚000) P
Premium Generally Accepted Accounting Principles Balance sheet
EXAMPLE 1 A company began trading on 1 January 2009‚ preparing its financial statements to 31 December each year. As at 31 December 2011‚ the company adopted a new accounting policy with regard to the measurement of inventories. If the new policy had been applied in previous years‚ the company’s inventory at 31 December 2009 would have been £150‚000 higher than the amount originally calculated. Similarly‚ the inventory at 31 December 2010 would have been £400‚000 higher than the amount originally
Premium Balance sheet Inventory Generally Accepted Accounting Principles
Multiple Choice Questions 1. Which of the following entities would not require accounting information pertaining to their economic activities? a. Social clubs. b. Not-for-profit entities. c. State governments. D. All of these require accounting information. e. None of these requires accounting information. Difficulty: Easy 2. Which of the following is not an objective of financial reporting described in FASB Concepts Statement No. 1? a. To provide information about how management of
Premium Financial audit Auditing International Financial Reporting Standards
CHAPTER 1 Scope and Meaning of Accounting Introduction Need and Role of Accounting Meaning of Book -keeping and Accountancy Book-keeping Accounting — Science or Art Definition and Explanation of Accounting Users of Accounting Scope/Branches of Accounting z Financial Accounting z Cost Accounting z Management Accounting Systems of Accounting Objectives/Advantages of Accounting Limitations Terminology often used — Some Basic TTerms erms Check Y our
Premium Balance sheet Asset Bookkeeping
Urinary system Homeostasis Salt provides two elements that are essential for life and for good health - sodium and chloride ions. They are both elements that the body cannot manufacture itself so it must be supplied by food. Although salt is the most common dietary source for these essential elements‚ sodium also available from various foods that contain sodium naturally. Sodium is a mineral element that plays a critical role in body physiology. It controls the volume of fluid in the body and
Premium Blood Blood pressure Kidney
Assignment 1 – Educational Preparation Studies have shown that there are many differences between nurses who have obtained their associate’s degree in nursing and those who have obtained their baccalaureate degree in nursing. Some of these differences include attitude‚ competencies‚ and knowledge. An associate’s degree in nursing teaches the basic skills needed to perform the everyday tasks required of a nurse. A baccalaureate degree‚ however‚ aids in teaching the nurse
Premium Nursing Academic degree Bachelor's degree