Standard deviation is the square root of the variance (Gravetter & Wallnau‚ 2013). It uses the mean of the distribution as a reference point and measures variability by considering the distance of each score from the mean. It is important to know the standard deviation for a given sample because it gives a measure of the standard‚ or average‚ range from the mean‚ and specifies if the scores are grouped closely around the mean or are widely scattered (Gravetter & Wallnau‚ 2013). The standard deviation
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Accounting Standards and Their Importance AS-1: DISCLOSURE OF ACCOUNTING POLICIES The following is the text of the Accounting Standard (AS) 1 issued by the Accounting Standards Board‚ the Institute of Chartered Accountants of India on ’Disclosure of Accounting Policies’. The Standard deals with the disclosure of significant accounting policies followed in preparing and presenting financial statements. AS-2: VALUATION OF INVENTORIES A primary issue in accounting for inventories is the determination
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The case study of Standard chartered: Islamic ethics and social responsibility. Abstract This paper is a case study on Ethisc and Social responsibility as adobpted by Standard Chartered Saadiq‚ paper briefs Islamic concept of ethics and social responsibilities and brief comparison with conventional ethics and social responsibility concept. Paper highlights on business performance by Standard Chartered Saadiq‚ products offered to customers‚ Shariah compliance policy and social reposnibility of
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6. Financial Performance Analysis With the help of 5 years balance sheet and income statement managed from the Annual Reports of Standard Bank Limited I have done the following ratio analysis. Financial indicators in the last six years |Item |Ratio |2007 |2006 |2005 |2004 |2003 | |Earning Ability |Return on Equity |20.59% |16.71% |23.16% |16.05%
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Professional Standards Web standards promote higher accessibility and usability; it suggests a set of rules in which every developer can follow and understand (Boudreau‚ 2002). Standards set by W3C‚ World Wide Web Consortium‚ will ensure that most browsers used will present the website as it was intended to be‚ without time consuming rewrites of code for specific browsers (W3schools‚ 2013). Accessibility is very important as it allows the web to be used by individuals with disabilities but
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The International Accounting Standard Committee (IASC) came into existence on June 29 1973 when sixteen accounting bodies from nine nations (designated as founder members) signed the agreement and constitution for its formation with headquarters at London. The objective of the committee is "to formulate and publish in the public interest standards to be observed in the presentation of audited financial statements and to promote their worldwide acceptance and observance". This would
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DILUTIONS AND STANDARDS Many of the laboratory procedures involve the use of dilutions. It is important to understand the concept of dilutions‚ since they are a hand tool used throughout all areas of the clinical laboratory. These dilutions have to be considered as they make a quantitative difference in what is going on. First‚ there are several terms used in expressing dilution: 1. "Dilution: - Dilutions are expressed as the ratio of the quantity of a desired solute (serum‚ urine‚ chemical solution
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Arsheen Aziz HST 333 Victorian England 4-26-14 The Standard of Living Debate in 18TH Century England The standard of living debate is essentially between two groups of people‚ the pessimists and the optimists. The optimists believe that the standard of living had increased over a specific time. The pessimists believe that it did not increase‚ that for some it actually decreased. Each historian studied the standard of living of the working class in England during the 18th century. There are
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I. Who should take the blame for getting Standard Machines Corp into the crisis it faces vis-à-vis closing on a major sale with an established account? The blame for Standard Machine Corp can be directed in one of three ways: Industry: One could argue that innovation in the machine tool equipment industry has been stagnant and resulting caused customers to view machines as commodities and compete on price. Another thought is that the industry allowed a low cost player to enter and therefore
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AMERICAN UNIVERSITY OF BEIRUT The Gold Standard‚ Deflation‚ and Financial Crisis in the Great Depression: An International Comparison Second DRAFT Melkon Eleijian OUTLINE: I. Introduction II. The Gold Standard and Deflation III. The Link Between Deflation and Depression IV. Interwar Banking and Financial Crisis V. Lebanese Situation Regarding Gold Standard VI. Conclusion VII. Reference The Gold Standard‚ Deflation‚ and Financial Crisis in the Great Depression: An International Comparison
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