ACCOUNTING CONCEPTS What are the Account Concepts? In order to maintain uniformity and consistency in preparing and maintaining books of accounts‚ Certain rules or principles have been evolved. These rules/principles are classified as concepts and conventions. These are foundations of preparing and maintaining accounting records. “Accounting concept refers to the basic assumptions and rules and principles which work as the basis of recording of business transactions and preparing accounts
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Cost leadership Strategy Strategy used by businesses to create a low cost of operation within their niche. The use of this strategy is primarily to gain an advantage over competitors by reducing operation costs below that of others in the same industry. For example‚ The Swedish furniture retailer Ikea revolutionized the furniture industry by offering cheap but stylish furniture. Ikea is able to keep its prices low by sourcing its products in low-wage countries and by offering a very basic level
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INTRODUCTION These days‚ communication plays an important part in every job; it is the focus of many careers. The need for communication skills is important in virtually every career‚ not just those that are traditionally stared as people-oriented. The process of communication is more than the total of number of people involved‚ understanding them could help clarify what happens when one person stabs to express an idea to others. Communication can be defined as the process by which a message or
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ntroduction to prepare for advanced math solutions: Mathematics is mainly considered as the main branches of science. Normally all the mathematical operations like addition‚ division‚ multiplication as well as subtraction are easy to do in case of simple problems. Prepare for advanced math problems solution is simple and easy. In this session‚ we will see how we have to prepare for advanced math solution. Prepare for advanced math solutions: Example problem 1- Prepare for advanced math solutions
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11 September 2013 Grid of Interests “I had imposed a grid of interests on the street‚ which left no space for blond children and gravy adverts and paving stone and the colours of shop fronts and the expressions of businesspeople and pensioners”(Botton‚ 63). What is a grid of interest‚ and what does it mean to impose one on something? Based on de Botton’s above quote‚ to impose a grid of interest on something means that you only see what you want to see. Grid of interest is also the only thing you
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SET – A Comprehensive Unit Test (MBA) - HRM INSTRUCTIONS: 1. Solve all the following “SECTIONS” [Hand-Writing Format] with Cover Page 2. Submit “The TEST” on Friday 11 April 2014 @ 6:30 PM FACULTY: PROFESSOR DR. M. MAHMODUL HASAN SECTION – A: Micro Case Study: HSBC HSBC in Asia: A Case Study on Harmonization of HR Practices Forces in the world economy have necessitated that financial institutions become more international in outlook if they are to survive in the global arena. Noticeable
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-[ How to rip Dynamic Flash Template ]- How to Rip TM Dynamic Flash Templates by: Baisan What you need: Sample dynamic flash template from TM website Sothink SWF Decompiler Macromedia Flash Yourself 1. browse or search your favorite dynamic flash template in TM website. If you got one... click the "view" link and new window will open with dynamic flash.. loading... 2. If the movie fully loaded‚ click View -> Source in your browser to bring the source code of the current page
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MID TERM DATE : 3 AUGUST 2011 TIME : 2.30 – 4.00 PM CODE : ENT 1301 SUBJECT : INTRODUCTION TO ENTREPRENEURSHIP LECTURER : Important Instructions: 1) This paper contains THREE (3) Sections on SIX (6) printed pages‚ including the cover. 2) Answer ALL questions in Section A‚ B & C. All answers should be written in the designated answer sheet 3) Any misconduct during the examination will lead to a disqualification and a mark 0 will be entered 4) This paper comprises 20% if
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Osmosis Case study You are a veterinarian working in Indooroopilly and return from lunch to find a nurse treating a six year old kelpie‚ Baxter. Baxter is very lethargic‚ has an increased heart rate‚ and when you pinch his skin the fold remains visible. The owner tells you that they knew something was wrong when‚ upon returning to the outdoor car park from a three hour shopping trip‚ they saw Baxter passed out on the back seat. The temperature in the car would have been very high and Baxter
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Cost of Quality (COQ) "The cost of quality." It’s a term that’s widely used – and widely misunderstood. The "cost of quality" isn’t the price of creating a quality product or service. It’s the cost of NOT creating a quality product or service. Every time work is redone‚ the cost of quality increases. Obvious examples include: The reworking of a manufactured item. The retesting of an assembly. The rebuilding of a tool. The correction of a bank statement. The reworking of a service‚ such as
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