Chapter 1 Basic Cost Concepts Learning Objectives • To understand the meaning of different costing terms to understand different costing methods • To have a basic idea of different costing techniques • To understand the meaning of cost sheet In order to determine and take a dispassionate view about what lies beneath the surface of accounting figures‚ a financial analyst has to make use of different management accounting techniques. Cost techniques have a precedence over the other
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1)Scoliosis posture: the centre of gravity has shifted to either the left or the right depending on which side has the main curve on the spine. This will typically give the appearance of a wonky sideways walk. 2)Military posture: most people believe it is a perfect posture‚ but it is not ideal for these reasons. The centre of gravity has shifted slightly pushing the pelvis anteriorly and up‚ drawing the shoulders back‚ which draws the scapula back medially pushing the chest out and up‚ this causes
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In the books The Big Sleep and Sir Gawain and the Green Knight‚ both authors‚ Raymond Chandler (The Big Sleep) and Simon Armitage (Sir Gawain and the Green Knight)‚ create the protagonist of each story into archetypal knights. The protagonist of The Big Sleep is named Phillip Marlowe and in Sir Gawain and the Green Knight the protagonist is named Sir Gawain. The 3 knightly qualities that we will be focusing on in this essay are self-sacrifice‚ loyalty and courage. These qualities are displayed throughout
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1 Big Data‚ Data Mining and Business Intelligence Techniques 2 What is Data? • Data is information in a form suitable for use with a computer. • There are two types of data ▫ Structured ▫ Unstructured • The total volume of data is growing 59% every year. • The number of files grow at 88% every year. 3 What is Big Data? Exa Analytics on Big Data at Rest Up to 10‚000 Times larger Peta Data Scale Giga Data at Rest Tera Data Scale Mega Traditional Data
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of wildlife‚ including snakes‚ birds‚ plains animals‚ and predators. South Africa has the largest population of Ostrich in the world. The Ostrich is the largest bird in the world. The big five are among the most dangerous‚ yet most popular species for big game hunters to hunt. South Africa’s Big Five: lion‚ buffalo‚ rhino‚ elephant‚ leopard Lion: This‚ the so-called King of Beasts‚ is on everybody’s list of animals to see. This fascination is no doubt due to the size and awesome
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different quality material from standard; Buying materials from a non‑usual source due to urgency; Utilising different labour from standard; Price changes due to economic conditions; scarcity of supplies; Choosing to incur additional discretionary fixed costs; More (or less) overtime hours used than budgeted. 2. Efficiency/usage/quantity variances: Standard is out of date‚ set without due care; Inefficient use of material/labour‚ deliberate or otherwise; Poor supervision/equipment/maintenance.Changes in
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Current Issues with Health Care Costs Truly Benton Atlanta‚ Georgia Current Issues with Health Care Costs Health care spending in the U.S. continues to soar to unsustainable levels. There are many strategies and views on ways to contain health care costs‚ while improving the efficiency and quality of health care. Hospital services‚ physician services‚ prescription drugs and technology/medical innovation and the aging population are areas that drive the high cost of health care creating an
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Medical Tourism Medical tourism refers to the practice of a patient going for healthcare services to an area outside of his or her home country. In general‚ medical tourism is the act of going overseas to obtain medical‚ cosmetic or dental treatment in another country. Medical tourism has become very popular as more and more people realize the benefits it can give. Medical tourism is also regarded as Health Tourism‚ Medical Travel or Global Healthcare. One of the biggest benefits that medical
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ineffective spending around the globe‚ lawmakers looking for cost-saving measures would do well to turn to prisons. Prison reform must attain the lowest economic costs‚ lowering actual taxpayer dollars spent without giving up the benefits of attaining important social goals‚ which represent another form of cost when lost. Undoubtedly‚ the current prison system is doing little to separate the US from its international counterparts in minimizing such cost‚ yet prison privatization has yielded hopeful results
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transparency Lack of trusted information – Incomplete‚ out-of-date‚ inaccurate‚ misinterpreted data – Difficult to understand or control how information is used Lack of agility – Inability to take advantage of opportunities for innovation – Escalating costs due to inflexible systems and changing needs © Copyright IBM Corporation 2007 Data‚ Information‚ Insight ● ● ● ● ● Insights and context from the mind Requires reflection and synthesis Difficult to structure‚ capture on machines‚ and transfer
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