transparency Lack of trusted information – Incomplete‚ out-of-date‚ inaccurate‚ misinterpreted data – Difficult to understand or control how information is used Lack of agility – Inability to take advantage of opportunities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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Cost Allocation Paper Cost Accounting Abstract This article’s focus is how cost accounting allocates costs of a manufacturing plant. All things are hypothetical. The conclusions of this report regarding costing of commercial services provided by Goodyear Tire should be recognized as a theory of the way Goodyear Tire conducts business activities‚ rather than suggestions of how Goodyear Tire should conduct business. Goodyear Tire is a publically traded company‚ which has many different
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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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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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skateboards. They were big‚ mean and ugly. They were the neighborhood bullies. I was new to the neighborhood‚ so naturally I was the one they picked on. They skated by and stopped at the edge of the sidewalk were I was playing with my Gameboy. They left their skateboards on the sidewalk and walked toward me. Before I knew it I was being picked up by my underwear and held high above the ground. Due to the severe pain I dropped my Gameboy; they picked it up‚ and then said “Were big and you’re not.” They
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colossal giants crumbling to their knees. The prime aim is to throw light at the subtle inconsistencies that can cost the companies far more than just money but their entire image. The asset of ‘good will’ has its nemesis in these unethical practices surfacing. Management accountants work inside a company‚ handling all internal accounting data. These individual often allocate production costs‚ create management reports and provide support for managerial decisions. Ethical issues can result from managerial
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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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and developments with the passage of time. Early man lived in caves and forests. They lived on the food available in the forests. Science has blessed mankind with all the basic comforts of life. Man started living in cities. Cities became the major centers of live hood. A city has larger population compared to a town and a village. Eat‚ drink and be merry that’s the only aspiration in life of an average human being. “City life is millions of people being lonesome together.” [pic] Henry David Thoreau
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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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citizens seeked medical care outside their country * Customer Profile * NRI * Patients from developed as well as under developed nations * No of usage occasions: Numerous * Role of Government * The role of Indian Government for success in medical tourism is two-fold: * Acting as a Regulator to institute a uniform grading and accreditation system for hospitals to build consumers’ trust. * Acting as a Facilitator for encouraging private investment in medical infrastructure
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