The business environment In this assignment I will describe the type of business‚ purpose and ownership of two contrasting businesses. NHS The NHS is a public organisation‚ owned by the government to help people with health care‚ injuries‚ infection‚ disease etc. The NHS are a health care system/organisation put together to help the residents living in the U.K. They are owned by the government and the government fund them with equipment‚ facilities‚ staff etc. Also‚ the NHS doesn’t charge us
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WK3 Accounting Ethics 1. Evaluate the actions of the parties from the perspective of six pillars of character. The Josephson Institute of Ethics identifies Six Pillars of Character that provide a foundation to guide ethical decision making. These ethical values include trustworthiness‚ respect‚ responsibility‚ fairness‚ caring‚ and citizenship. Cindie knows and feels it is wrong to close up early and be left alone to close up the store. In my opinion Cindie should have not waited two weeks before
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Types of information: Verbal • Verbal communication is where somebody talks face to face with the audience and could also include eye contact and body movements‚ Wilberforce use verbal communication in a full range of things one example been a English teacher reading out a poem. Written • Written communication is in the form of physical symbols called words. It doesn’t have to be words though‚ in the broader sense it could be things such as diagrams and charts. So therefore all visual
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Business Memo The importance of budgeting I developed a spreadsheet including three budget schedules of Spiffy Shade Corporation‚ which is Production Budget‚ Direct-labor Budget‚ and Manufacturing Over-head Budget. According to the budget schedules‚ the company can plan ahead and meet the needs of demand. For example‚ form the Production Budget‚ the company can plan how many sunglasses should be produced for each month and quarter. Budget can also facilitating communication and coordination‚ and
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M2&D1 I identified many hazards when doing the risk assessment but these are the ones I choose to asses. Wet floor in the canteen. Chairs not in the right place. Tables and cutlery not clean. Food poisoning. Heated utensils and Appliances. Heavy doors. Wet floor in the canteen is a hazard because if somebody slips on the water that has be spilt they could seriously injure themselves they could end up with a broken back or leg this is why it is important for staff to look out for this hazards
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Unit 3- supporting children E1- identify FIVE(5) pieces of legislation. There are many different legislations that influence working practices in a setting for children‚ all of which are to ensure that children and kept safe and well at all times. One legislation is Protection Of Children Act 1999‚ this act was put into place to ensure everybody working with children are suitable to do so‚ this can be done by ensuring staff and volunteers have completed a Criminal Records Bureau. (CRB) Another
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child’s family by organising a structured routine and if they have a job they will then be able to work late and know that their children are safe. Private sector: An example these setting make their profits from providing their services‚ like a business. They are inspected to insure that the health and safety of the children is maintained. A childminder can care for children with special needs‚ personal hygiene‚ social skills and a safe and controlled environment. This will help support a family
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conglomeratesThis answer is correct. d. joint ventures with foreign investors "keiretsu" are corporate conglomerates. /1 1/1 Question 3 In Germany‚ prudence is an accounting principle established in commercial law. What does "prudence" mean in an accounting context? a. Reliability b. Comparability Selected: c. ConservatismThis answer is correct. d. Relevance In context of accounting "prudence" means Conservatism. /1 1/1 Question 4 By what title are professional accountants in Mexico known? a. Certified Public
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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www.studyguide.pk for more notes visit www.studyguide.pk Bought to you by www.studyguide.pk AS- Level Accounting Unit 2 Revision Notes Benstead Revision Notes: Types of Business Organisation: Sole Traders: Advantages: Faster decision making Independence Quicker and cheaper to establish All profits belong to the sole trader Competitors know less about the business’s success as the accounts don’t have to be published Disadvantages: Unlimited liability-can lose both business’s
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