Classification of Assets: 1) Fixed Assets : A long term tangible assets held for business use and not expected to be converted to cash in the current or upcoming fiscal year such as manufacturing equipments also called plants. 2) Current Assets : Current assets are those assets which are held for sale or to be converted into cash after some time. 3) Contingent Assets: A contingent asset is one which comes into existence upon the happening of a certain event. If that event happens the asset becomes
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Chapter thirteen If they had not sent the naval officer onto the island to interrupt the chaos‚ Ralph would have been killed‚ and Jack along with the rest of the boys would’ve perished after setting the whole island ablaze. The professors stood there‚ in astonishment‚ watching over what was left of the island. The social experiment had been successful. The airplane the boys were on was supposed to crash. The boys were all test subjects carefully selected out of thousands of desperate children
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CERTIFICATION This academic report is a product of SANDRINE NJEMO NKA’A from an industrial training program at N ATIONAL PORT AUTHORITY CREDIT UNION LEAGUE [NPACCUL] for the period of August 1 to September 30. This report has been carefully developed in accordance to the conditions and criteria that satisfy the award of B.SC Accounting Degree from the Catholic University Of Bamenda Cameroon [CATUC]. Signature; ………………………………… ……………………………… The Manager NPACCUL
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INVENTORY – PERIODIC INVENTORY SYSTEM In a Periodic Inventory System‚ no effort is made to keep up – to – date records of either the inventory or the cost of goods sold. Instead‚ these amounts are determined only periodically __ usually at the end of each year. It is used by very small businesses having manual accounting systems. Questions 1 – 3 (Meigns & Meigns)‚ Question 4 (Fess & Warren) Question 1:- Mach IV Audio uses periodic inventory system. One of the
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Chapter Thirteen The String Starts to Unravel Mr. Greene’s House 942 NE Wiretap Way Whodunit Hill July 20 11:30 a.m. An old man hobbled out of the car and closed the driver’s side door. He wore a crumpled suit‚ scuffed black loafers‚ a fedora hat that shadowed his face‚ and he carried a newspaper. When he tilted his head‚ I could see it was Mr. Greene—older somehow‚ and more withered‚ but definitely the same kind face. “Hello‚” I said with a wave. “Horrible morning isn’t it?” he called back. “This
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Research: Application of Contingency Theory to Leadership and the Team Dynamic By: Team Leadership & Motivation A Stajkovic Leadership & the Team Dynamic Introduction: As the focus of our final project‚ we have identified an issue within one of our team member’s organizations where a mismatch exists between the leadership style of the current Vice President of Human Resources and the environment in which he operates. We will use Fiedler’s contingency theory model as support
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Current and Non-current Assets Without assets‚ businesses could not function. In order to show how much a business owns assets are used in accounting to clearly define the positive side of a balance sheet. Current and non-current assets are not only cash‚ but also monies which will turn into cash in the future. This includes receivables‚ properties‚ work in progress and buildings. This paper will define current and non-current assets‚ differentiate between the two‚ the order of liquidity and
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Dependent group contingencies provide classwide consequence (e.g.‚ privileges‚ rewards‚ punishment) dependent upon the behavior(s) of a single student or a targeted group of students meeting the criteria (Litoe & Pumroy‚ 1975). Independent group contingencies apply the same criteria and consequence to the entire class or group of students but reinforcement is contingent on each individual student’s own behavior (Litoe & Pumroy‚ 1975). With interdependent group contingencies‚ all students in the
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Fiedler’s Contingency Theory Fiedler’s contingency theory states that leadership is a trait and it is fixed. Because leadership is fixed the only variable items are the situational factors. Therefore for effective leadership the situational factors need to be changed instead of the leadership traits. Leadership trait is measured by a rating scale of 1-8 bipolar adjectives‚ with 1 being very poor and 8 being very good. The leader is then asked to identify any one member of a team the leader had to
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|PAGE NO. | |1 |Introduction |2-4 | |2 |Overview of Limited Liability Partnership|4-10 | | |Act‚ 2008 | | |3 |Tax implication
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