Music is an indispensable part of life as its contributions have been numerous. Music has affected every part of human life and without music life would be flavorless. Many people only have been able to see music as a way of past time and have overlooked its other benefits. Music has contributed much to the field of medicine helping people to relax and control their stress and depression. Economically as well we all know how big the music industry has gotten and how much it has contributed to the
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basic) 141‚000 are expected to remain unchanged next month. Property tax on building 194‚000 Calculate unit cost and total cost if 21‚000 units Total Fixed Costs 1‚542‚000 are produced next month. Total Cost for 21‚000 units 6‚335‚600 2/ The Dollar Store’s cost structure is dominated by variable costs with a contribution margin ratio of 0.45 and fixed costs of $119‚700. Every cost structure of a competitor‚ One-Mart‚ is dominated by fixed costs . with a higher contribution
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How Can We Close the Achievement Gap? Students affected by the troubling achievement gap that often lead to long term gaps that include dropout rates‚ college completion‚ and the kind of jobs students secure as adult. However‚ we have to know what’s an achievement gap and why is decreasing the gap so important? The achievement gap in education refers to the observed‚ persistent disparity of education measured between the performances of group of students. (Achievement Gap1). Some researchers have
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Transaction Cash Net Income a) Purchased $100 of supplies for cash. -100 0 b) Recorded an adjusting entry to record use $20 of the above supplies. 0 -20 c) Made sales of $1‚300‚ all on account. 0 1‚300 d) Received $800 from customers in payment of their accounts. 800 0 e) Purchased equipment for cash‚ $2‚500. -2‚500 0 f) Recorded depreciation of building for period used‚ $600. 0 -600 a)
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Under fair value accounting‚ earnings of a firm constitutes three broad components namely asset income‚ realized gains and unrealized gains. What impact does this have on a firm’s earnings quality given that the main shift from current accounting standards is the inclusion of unrealized gains into earnings computation? Often‚ it holds true that what matters is not how much a firm makes‚ but how it makes its money . Investors value earnings that are sustainable‚ inherent to a firm’s business and
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Discuss the functions of the formal and informal groups‚ how can each type of group contribute to the achievement of organisational goals. Provide examples to illustrate your answer. “Groups are formed as a consequence of the pattern of organisation structure and arrangements for the division of work.” Mullins‚ L. (2007). Management And Organisational Behaviour. Harlow; Prentice Hall. A group is seen as a number of people‚ who are socially and psychologically aware of each other. It is
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CHAPTER 2 CONCEPTUAL FRAMEWORK UNDERLYING FINANCIAL ACCOUNTING IFRS questions are available at the end of this chapter. TRUe-FALSe—Conceptual Answer No. Description F 1. Nature of conceptual framework. T 2. Conceptual framework definition. F 3. Levels of conceptual framework. T 4 International conceptual framework. F 5. Statements of Financial Accounting Concepts. T 6. Decision usefulness.Objective of financial reporting. F 7. Financial statement users. T 8. Relevance and
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effect and recovery Japan was hit by a 9.0 magnitude earthquake that triggered a deadly 23-foot tsunami in the country ’s north. The giant waveoverloaded cities‚ sweeping away cars‚ homes and boats‚ leaving a path of death and devastation in its way. Video footage showed cars racing away from surging waves.The nuclear disasterwas a series of equipment failures‚ nuclear meltdowns‚ and releases of radioactive materials at the Fukushima I Nuclear Power Plant‚ following the Tohoku earthquake and tsunami on
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MONASH UNIVERSITY SEMSTER 1 – YEAR 2011 AFW 3040 – ACCOUNTING THEORY BY: SARAH WONG Assignment 2 – 1500-word Essay Topic: How social and environmental reporting practices undertaken by companies highlight the limitations of the conceptual framework. Introduction: Accountancy has always been concerned with mainly the accountability of directors to shareholders and companies to creditors. As companies grow larger and become more integrated with the society‚ this call for a focus towards sustainability
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Accounting Fraud at WorldCom Vanessa Gail Woods Strayer University Connor-Green/ACC 576 March 21‚ 2010 Accounting Fraud at WorldCom The break up of AT&T opened the long distance service market to small companies during the mid- to late-1980s and 1990s. Long Distance Discount Service (LDDS) opened in 1983 with moderate growth until its stock went public in 1989. CEO Bernie Ebbers decided to grow the organization through acquisitions (70 companies over the course of its lifetime)
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