examples. (10 Marks) 2. Explain any two types of errors that are disclosed by trial balance with examples and rectification entry. Note - Avoid giving examples given in the self learning material. (10 marks) Nov 2010 3. Let us assume you have been recently appointed as Management Accountant of a small but upcoming firm. Your immediate supervisor has asked you to prepare certain financial ratios from the balance sheet of one of their clients M/s Vinod Enterprise. Liabilities Amount Assets Amount
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3 THE PAYMENT OF BONUS ACT‚ 1965 Learning Objectives In this Chapter‚ the students will understand the♦ Applicability and non-applicability of the Act to certain classes of establishments and employees ♦ Computation of profits for the purpose of calculation of allocable and available surplus for the purpose of determination of bonus ♦ Set on and Set off of allocable surplus ♦ Percentage limits for minimum and maximum bonus ♦ Other miscellaneous provisions 3.1 Introduction This is an Act intended
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13% that of pre-war levels he knew something must be done. The first of the five year plans included collectivisation‚ this eradicated the open market and meant that the peasant would willingly give their grain to the government. Staling also knew that the USSR was behind on her industrial production but for this to get better they first need money‚ money which would come from grain exports. The idea of the first five year plan was to build everything they needed for industry from scratch so this
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Inside a fantasy world of time travel‚ aliens‚ and porn stars‚ Kurt Vonnegut delivers an iron hard moral statement on the aftermath of war in his novel‚ Slaughterhouse-Five. We follow the fictional character‚ Billy Pilgrim‚ as he struggles‚ like Vonnegut did‚ to discover the purpose of life. Kurt Vonnegut uses Slaughterhouse-Five as a way to cope with his experience in the Dresden massacre. By taking the narrator’s voice‚ and by employing the themes of time and fate‚ Kurt Vonnegut seeks to reach
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Tenth Five Year Plan India | 2011-03-18T11:22:04news table end 2011-03-18T11:22:04indian business directory table start | The Tenth Five Year Plan India (2002-2007) aims to transform the country into the fastest growing economy of the world and targets an annual economic growth of 10%. This was decided after India registered a 7% GDP growth consistently over the last decade. This GDP growth of 7% is much higher than the world’s average GDP growth rate. Thus‚ the Planning Commission
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------------------------------------------------- Balance of Nature The balance of nature is a theory that says that ecological systems are usually in a stable equilibrium (homeostasis)‚ which is to say that a small change in some particular parameter (the size of a particular population‚ for example) will be corrected by some negative feedback that will bring the parameter back to its original "point of balance" with the rest of the system. It may apply where populations depend on each other‚
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Slaughterhouse Five The concept of a linear beginning‚ middle‚ and end in the progression of time is thrown askew in Kurt Vonnegut’s SlaughterhouseFive through Billy’s travels through time and space. All people on earth experience a chronological progression of time; they experience birth and death‚ and are able to perceive the consequences of their actions. Because of Billy’s time travel‚ death does not represent the ultimate end to one’s life. Therefore‚ to Billy death does not retain the importance that it does to others
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1. Explain how exchange rate targeting by the central bank can affect the balance of payment position of a country (Hint: Consider the current and the capital accounts) Exchange rate targeting is whereby the exchange rate becomes the nominal anchor. The subject of the most favorable monetary regime for small open developing economies is still widely discussed. The advantages and disadvantages of different exchange rate regimes are far too many to be readily captured and used to come up with a specific
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methodology called the Porter’s Five Forces Analysis. In his book Competitive Strategy‚ Harvard professor Michael Porter describes five forces affecting the profitability of companies. These are the five forces he noted: 1. Intensity of rivalry amongst existing competitors 2. Threat of entry by new competitors 3. Pressure from substitute products 4. Bargaining power of buyers (customers) 5. Bargaining power of suppliers These five forces‚ taken together‚ give us insight
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Q.1: a) PORTER’S FIVE FORCES ANALYSIS & PORTER’S VALUE CHAIN TECHNIQUES. Michel porter(1998) provided a frame work that models an industry as being influenced by five forces. This simple tool that supports strategic understanding where power lies in a business situation. It also help to understand both the firms current competitive position‚ &strength of a position that the company looking to move in to. Five forces diagram in the (Appendices 1.1). Threat of new entrants:
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