assets B. Subsidiary C. Service departments D. Exclusive cash generating unit 7. Assume that employees confessed to a P500‚000 inventory theft but are not able to make restitution. How should this material fraud be shown in the company’s financial statements? A. Classified as loss and shown as a separate line item in the statement of comprehensive income. B. Initially classified as an account receivable because the employees are responsible for the goods. Because they cannot pay‚ the loss
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machine working the entire day in order to satisfy the needs and wants of his/her family. This is what is called ’CHILD LABOUR’. There are various causes and effects of child labour. Eliminating child labour is one of the biggest challenges that the whole world is facing. Child labour includes working children who are below a certain minimum age. This practice is going on since long and is one of the worst forms of child exploitation. Child labour not only causes damage to a child’s physical and
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198 Accounting Standard (AS) 14 (issued 1994) Accounting for Amalgamations Contents INTRODUCTION Definitions EXPLANATION Types of Amalgamations Methods of Accounting for Amalgamations The Pooling of Interests Method The Purchase Method Consideration Treatment of Reserves on Amalgamation Treatment of Goodwill Arising on Amalgamation Balance of Profit and Loss Account Treatment of Reserves Specified in A Scheme of Amalgamation Disclosure Amalgamation after the Balance Sheet Date ACCOUNTING STANDARD
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Feminism is understood broadly as a movement that strives for sex equality between men and women. The history of feminism within the Chinese context dates back 1898 when there was a reform movement until the revolution of 1911. Since its existence‚ Chinese feminism has emerged onto stage‚ it has been intimately bound to larger social trends of people which often hide and distort female subjectivity. Literary novels and other forms of art are found at different particular eras throughout China ’s
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Chapter 1: Introduction to Financial Management What’s Ahead What Is Finance? Goal of the Firm Profit Maximization Maximization of Shareholder Wealth Legal Forms of Business Organization Sole Proprietorship Partnership Corporation Comparison of Organizational Forms The Role of the Financial Manager in a Corporation The Corporation and the Financial Markets: The Interaction Ten Principles That Form the Basics of Financial Management A Final Note on the
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undertake all the sufficient provision for capital budgeting. Introduction Finance department plays a dominant role as far as the productivity of an organization is concerned (Andrew‚ 2001). Inevitably‚ the definition is not yet derived. According to management officials‚ organization is basically a place that surrounds with different departments in total and every department is intending to give its cent percent effort for the productivity of the company as a whole (Ackerman‚ 2002). Likewise other departments
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Overall requirement * Explain how management accounting can supply information to assist the management of the organisation. * You are not required to investigate and report on the organisation’s actual management accounting system (even if you can find out). * You are to write a 1500 word report as though you were a management consultant writing to the board of directors. * WE DO NOT WANT ANY NUMBERS UNLESS YOU CREATE THEM TO DEMONSTRATE AN IDEA * This is like assessment 1a –
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Brandon Walden Ms. Dawson 28 August 2011 World History What do we mean when we use the term Civilization? Civilizations are complex societies with cities‚ government‚ art‚ architecture‚ religion‚ class divisions and writing systems. To uphold an effective civilization‚ cultural diffusion‚ farming and writing with a spoken language are essential. Cultural diffusion is a key element to maintaining a complex civilization. When people from different civilizations came into contact with one another
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considering the case study of Starbucks Coffee in 21st century. It identifies key issues‚ analyzes the interest of key stakeholders‚ considers the risk factors and finally identifies the solution to address these issues effectively. Identification of key issues Every business tends to face some kind of challenges‚ irrespective of whether it is successful or not. A successful and world’s leading coffee brand‚ Starbucks also face numerous challenges in spite of winning many awards and recognitions
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Financial Accounting Summary Financial Accounting – Summary Notes Financial Accounting – Summary Notes 1 Financial Statement Basics 3 Understanding of the 3 financial statements – (balance sheet‚ income statement and statement of cash flows). What does each financial statement represent? 3 What is the structure of each statement? 3 What is the link between the three statements? 4 Understanding of the basic mechanics of financial accounting – (debits‚ credits‚ transaction journal entries‚ adjusting
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