Finance theory and Financial strategy Strategic Planning means several things. But it certainly is a part of the decision-making in resource management of the business benefits. Finance theory has significant advantages in understanding the function of capital markets‚ the valuation of real assets and financial assets. Discounted cash flow analysis(DCF) is a tool that derived from finance theory which has been widely used. However finance theory also has little effect on strategic
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Theory of Accounts 1. The fundamental qualitative characteristic of faithful representation has the components of a. Predictive value and confirmatory value b. Comparability‚ consistency‚ and confirmatory value c. Understandability‚ predictive value‚ and reliability d. Completeness‚ neutrality‚ and freedom from error 2. The amount reported as “Cash” on a company’s balance sheet normally should exclude a. Postdated checks that are payable to the company b. Cash in a payroll account c. Undelivered
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Cognitive theory approach emphasizes that a person’s behavior depends on the way he or she perceives the social situation or the importance of the social environment as perceived by an individual. A core idea in cognitive perspective is that people tend to spontaneously group and categorize objects which focus on current perceptions rather than on past learning. Cognitive theory is a learning theory of psychology that attempts to explain human behavior by understanding the thought processes. The
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AS Psychology - Attachment Revision What is Attachment?:- “Attachment is the close bond between two people which endures over time and leads to certain behaviors such as proximity seeking‚ clinging and distress on separation‚ These behaviors serve the function of protecting an infant” Exam Question 1: ‘Explain Bowlby’s theory of attachment?’ (For top marks‚ mention: Social releasers‚ Sensitive Period‚ Montropy‚ internal model and the continuity hypothesis): * “Bowlby’s theory of attachment
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hiring one’s own family members or it can mean hiring and advancing unqualified or under-qualified family members based simply on the familial relationship. Many companies and individuals consider the practice to be unethical‚ largely due to its conflict with traditional American values of self-reliance and fairness. APPLICATIONS Hiring family members can also provide benefits to companies‚ for example by reducing their health insurance costs. Nepotism can also extend to older family members. Bill
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Kristi Burke The Trait Theory of Psychology I really thought that when I was reviewing the list of behavioral theories that was given to us that I would surely end up with three different ones. I couldn’t have been more wrong. Upon checking off the three things and matching the numbers to my choices‚ I discovered that everything I chose fell underneath the Trait Theory of Psychology‚ and after doing a little research on it‚ it is definitely the most accurate depiction of my thoughts when it comes
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Understanding business organisations with reference to management theories - Unit Summary The Management theorists of the past provide valuable insights into current business practices The classical-scientific theorist’s main contribution was the use of the scientific method to determine the one best way of doing things. They: Were particularly effective in increasing productivity in manufacturing businesses Gave insights into the managerial functions of planning‚ organising and controlling
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the Nature and Causes of the Wealth of Nations‚ which was published in 1776. His two great works focussed on observing and explaining society. In The Theory of Moral Sentiment.. The book was an explanation of human nature and of the organisation of society. The central theme of The Wealth of Nations is the division | Contribution to the management development | Adam Smith‚ in The Wealth of Nations (1776)‚ made an argument on the economic advantages that organizations and society would achieve from
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`Accounting 6135‚ Advanced Accounting Theory Arthur G. Hendricks‚ Ph.D.‚ CPA professor BU 410 Thursday 7:10 PM to 10:00 PM Required Texts 1. Scott‚ W.R.‚ Financial Accounting Theory‚ 5th edition‚ Prentice Hall (Pearson Education Canada‚ Ltd) 2009 (ISBN 978-0-13-207286-1) 2 Concepts Statement #7‚ Using Cash Flow Information and Present Value in Accounting Measurements‚ FASB‚ February 2000. 3. Optional; The Wall Street Journal. You are expected to read the financial pages of the news media
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Part A: DIFFERENCES BETWEEN MANAGEMENT ACCOUNTING & FINANCIAL ACCOUNT 1. Managerial Accounting: The activity involves ‘decision making’ whether to purchase parts already assembled or individual parts. 2. Financial Accounting: It shows that the President is reminding Aminah to prepare a presentation stating an income statement and balance sheet information for last year‚ which the information already exist. 3. Managerial Accounting: Planning‚ controlling‚ evaluating and continuous
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