(when it is realized or realizable‚ when it is earned) Revenue Recognition at point of sale: (1) Sales with Discounts (2) Sales with Right of Return: Three alternative revenue recognition methods‚ and recognize revenue only if all of six condition (3) Sales with buybacks (4) Bill and Hold Sales: buyer is not yet ready to take delivery but does take title and accept billing. Revenue is reported at the time title passes if (a) the risks of ownership have passed; (b) the buyer makes a fixed commitment
Premium Generally Accepted Accounting Principles Revenue Income statement
To succeed in my task‚ I used my existing knowledge of English grammar‚ syntax and vocabulary to explain a subject trough a video. My knowledge of English allowed me to make sure that there were very few mistakes in my video so the target audience (future secondary 5 students) would be able to understand the relayed information. I used my knowledge gained in Art class about colours and what attracts the eye to make my video as visually interesting as possible. I also used what I learned in last year’s
Premium Education Learning Teacher
EYMP Unit 1 Context and Principles for Early Years Provision Title Level Credit value EYMP Unit 1 Context and Principles for Early Years Provision 3 4 Learning outcomes The learner will Assessment criteria The learner can: 1. Understand the purposes and principles of early years frameworks 1.1 Explain the legal status and principles of the relevant early years framework/s‚ and how national and local guidance materials are used in settings. Example 1: The framework is
Premium Developmental psychology Childhood Special education
Abraham Maslow‚ was a human physiologist‚ and studied the needs of each person at a point in their life. He concluded that all needs of humans could be arranged into a hierarchy. He felt that at a different point in time‚ humans would fulfil each level of
Premium Communication Nonverbal communication Message
M4 & P6 In a business‚ there are several different types of budgets that has different department/area the business has to make. For example‚ in a business‚ you can find the sales and revenue budget (a financial document that set out the business expected sales and revenue from selling its products or services)‚ the expenditure budget (financial document that sets out the expected expenditures of a monthly basis on those items) and the profit budget (financial documents that sets out the predicted
Premium Variable cost Fixed cost Costs
Every business needs to follow all the employment legislation which is set by the government. It helps employees to be treated fairly. Some of the legislation are; employment relations Act 2000‚ the minimum wage Act 1983‚ health and safety at work act 2015‚ etc. The health and safety act is twin duties because for employee’s health and safety are combined within one act. Businesses follow the legislation as it changes and they train their staffs as follows. It is essential for the business to follow
Premium Employment Occupational safety and health Risk
The practitioner’s main responsibilities in a professional relationship differ between children‚ adults and other professionals. The responsibilities the practitioner must carry out whilst working with children are to ensure all children are treated equally and fairly. This can be done by ensuring that there is no favouritism or preferential treatment shown to a particular child or children. It is also essential that no child is discriminated against. Although all children should be treated equally
Premium
to in writing by the setting complaints are dealt with promptly‚ fairly and sensitively with due regard to the upset and worry that they cause to both staff and service users. The setting believes that complaints are best dealt with on a local level between the complainant and the home‚ but if either of the parties is not satisfied by a local process the case should be referred to the Care Quality Commission. Legal requirements for dealing with complaints Legal requirement for dealing with
Premium Complaint Pleading Service of process
BTEC National Diploma in Children’s Care‚ Learning and Development Unit 2 Positive Environments for Children’s Care‚ Learning and Development Olivia Robinson Legislation is the law‚ which is put into practice in the childcare environment to prevent certain things happening and to ensure that other things are carried out. A policy is a proposed or adopted principle or plan of action which is used to help carry out the legislation. A procedure is an official or established way that
Premium Hygiene
Hugh Christie School The cardiovascular system + Respiration System OCR level 3 Sport Bertie Migo 9/24/2013 Within this report I will be describing what the cardiovascular system is‚ how it works‚ and what it consists of. I will also be talking about the respiration system‚ what it is‚ how it works and what it consists of. P1 – Describe the Structure and function of the Skeletal System At birth‚ a new born infant has around 300 bones‚ whereas the average adult has only 206 bones
Premium Blood Muscle Heart