relatively simple in concept. Every company’s balance sheet is comprised of three elements: Assets: often defined as an economic resource which is owned by the corporation and is expected to provide future benefits to its operation. Accounting rules allow assets to take two forms: Tangible Assets‚ which have a physical form such as a building or a piece of machinery. Intangible Assets‚ which usually involve a legal right or claim such as a patent. Liabilities: these are the debts of a corporation
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Information Technology Session Plan Subject: Basic Accounting Batch: 2010-12 Foundation Program Faculty: S. Vijayakumar Bharathi Session Date | Session Details | Plan | Session Method | Session 1-3 | Pre-session preparation | Read from the book Accounting for Management | Syllabus discussion‚ PPTs / Videos on relevant topics | | Session | Introduce Accounting to the students | | | | PPT on basic concepts of Accounting. | | | | GAAP (concepts and conventions
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The rule of law is a legal maxim stating that no person is above the law‚ that no one can be punished by the state except for a breach of the law‚ and that no one can be convicted of breaching the law except in the manner set forth by the law itself. The rule of law stands in contrast to the idea that the leader is above the law‚ a feature of Roman law‚ Nazi law‚ and certain other legal systems. Albert Dicey British jurist A. V. Dicey popularised the phrase "rule of law" in 1885. Dicey emphasized
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java basics1 Learn Java/J2EE core concepts and key areas With Java/J2EE Job Interview Companion By K.Arulkumaran & A.Sivayini Technical Reviewers Craig Malone Stuart Watson Arulazi Dhesiaseelan Lara D’Albreo Cover Design‚ Layout‚ & Editing A.Sivayini Acknowledgements A. Sivayini Mr. & Mrs. R. Kumaraswamipillai 2 Java/J2EE Job Interview Companion Copy Right 2005-2007 ISBN 978-1-4116-6824-9 The author has made every effort in the preparation of this book to
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PART 1: VENTURE OPPORTUNITY‚ CONCEPT AND STRATEGY Question 1: Describe the opportunity that attracts you and why you think it is a new venture opportunity. Opportunity is a condition that can benefit or bring success to an emerging or established to be taken immediately. Opportunities are usually approaching a person in a state of vague and uncertain. Someone who is competent and willing only to be nabbed opportunities that exist in front of him. Slow grab the opportunity to escape to the hands
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Basic Strategy There are four types of basic strategies that many companies apply to respond to the uncertainties. The four basic strategies include defender‚ prospector‚ reactor‚ and analyzer. Each type of the strategies has their own way to react with the uncertainties. Prospectors will always focus on developing or expanding new market. They will put their effort for seeking out new markets rather than waiting things to happen. Defenders can be defined as expert at producing and selling narrowly
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Basics of MULTIMEDIA By Dolon Mukherjee Lecturer at George College of Management and Science‚ Kolkata‚ INDIA mukherjeedolon@rediffmail.com ……………… Well‚ before learning the definition of multimedia‚ let us know the meaning of medium. The entire topic is presented in question and answer format‚ so that it helps the reader to quickly understand and remember it. Q) What is medium ? Ans) A medium (plural media) is something that can be used
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General Electric’s joint venture Case study answers 1. I think the case was different. In the early 2000s joint venture is one of the most powerful weapons in GE s arsenal. After that they prefer to enter in a new country with the help of joint venture with companies. 2. The cause of this situation is‚ GE now doesn’t want to set up a plant of its own because if they do so they will incur a high cost. On the other hand
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in documentation? - Using the right accounting method: cash and accrual - Using professional bookkeeping method: hiring specialist‚ qualified accountant or bookkeeper. - Separate personal and business finances - Ensuring employee and other categories are recorded accurately - Perform basic account reconciliation. - Implement adequate internal controls - Save receipts for small purchases - Know the difference between profit and cash flow - Rely also on a paper environment - Honour
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Venture Budgeting and Forecasting Paper Resources: Kudler Opening Budget Write a 700- to 900-word paper in APA format in which you do the following: • Illustrate how your venture would perform by estimating the revenue and expense to calculate operating profit or loss. Include estimates of your venture’s main sources of revenue and the expenses expected in the main cost categories such as the cost of goods‚ sales and marketing‚ labor‚ rent‚ maintenance‚ and any other significant expenses
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