business activities by an enterprise during an accounting period in monetary terms. These business activities vary from one enterprise to other. To compare the financial statements of various reporting enterprises poses some difficulties because of the divergence in the methods and principles adopted by these enterprises in preparing their financial statements. In order to make these methods and principles uniform and comparable to the extent possible – standards are evolved.What are Accounting Standards
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1 Specify the relevant scope of strategic marketing. Marketing is a philosophy that leads to the process by which organizations‚ groups and individuals obtain what they need and want by identifying value‚ providing it‚ communicating it and delivering it to others. The core concepts of marketing are customers’ needs‚ wants and values; products‚ exchange‚ communications and relationships. Marketing is strategically concerned with the direction and scope of the long-term activities performed by
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Methods to Improve Personal and Professional Skills To Meet Organisational and own Goals It is the intent of this short essay to explore some methods in which personal and professional skills can be improved so that organisational and personal goals can be met. By increasing our awareness in our own skills‚ or perhaps more importantly where we can develop those skills further‚ then we can identify the relevance of such development‚ plan courses of action and increase motivation. Personal
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Unit 1 - P2 & M1 - Assignment Brief (P2) Describe the different types of business ownership‚ linking this to the size and scale of four different organisations Continuing with the groups you were in for P1 - Using the four businesses you chose‚ you are required to design a leaflet. For each business you must identify: a. The business ownership/type (e.g. sole trader) and the advantages and disadvantages of that type of ownership b. The size of each business‚ including a brief justification
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In this booklet I am going to be comparing two different businesses; Oxfam and Vodafone. I will be talking about their different aims and objectives‚ the main business activities and their Vision and Mission statements. I will explain the links between these and why a business should have aims and objectives and in the end I will develop SMART aims and objectives for Vodafone. Background of Businesses Oxfam The name Oxfam comes from the Oxford Committee for Famine Relief founded in Britain in
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are exams that are supervised by a responsible‚ and objective‚ party. Online learning by nature lacks supervision of the students offline processes. So the use of proctors for final exams is a wise choice in order to ensure that cheating is kept to a minimum‚ while also lending legitimacy to the online educational institution providing the courses. According to the “University of the People Student Handbook”‚ the necessary criteria for an objective proctor is that they be at least twenty-one years
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QUESTION 1 i. Current Ratio = Current Assets/Current Liability = $ 14‚651‚000/$ 19‚639‚000 = 0.750 ii. Quick Ratio = (Current Assets – Inventory) / Current Liability = ($ 14‚651‚000 – $ 6‚136‚000) / $ 19‚539‚000 = 0.436 iii. Total Assets Turnover = Sales/Total Assets = $ 167‚310‚000/$ 108‚615‚000 = 1.540 iv. Inventory Turnover = COGS/Inventory = $ 117‚910‚000/$ 6‚136‚000 = 19.216 v. Receivable Turnover = Sales/Account Receivables = $ 167‚310‚000/$ 5‚473
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FINANCIAL REPRESSION AND FINANCIAL REFORM IN UGANDA Martin Brownbridge Summary The banking system in Uganda is among the weakest in Sub-Saharan Africa. Its liabilities comprise less than 10 per cent of GDP‚ it is highly oligopolistic and inefficient in performing many basic banking functions‚ and the largest bank and several smaller banks are insolvent. The financial policies of the pre-reform period aimed to control banking markets‚ ostensibly for developmental and other non commercial
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PRINCIPLES OF MARKETING (MKT101) Case Study – Team Project (15 points) BP: Transforming Its Strategy “Beyond Petroleum” (p. 47-49) Each team should submit a written report by May 13th‚ 2012 at 1:00 pm. 1) Format The written document will be approximately 6 to 7 pages (excluding references and appendixes). The case write-up should have the following format: i. ii. iii. Cover page (with alphabetized names and students ID) Introduction (including a brief summary of the case) Answer to questions:
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SALES AND INVENTORY SYSTEM System Features Product Management – Create and manage products/items. Set categories‚ packages and sub packages or bundled packages. Set retail price and wholesale price for customers and regular customers. Supplier Management – Add‚ update or delete suppliers. Create list of suppliers and monitor who is active. Your list of suppliers will also display your accounts payable. Customer Management – Create‚ update or delete customers. For regular customers‚ set
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