commission”. It means that a transaction have been recorded in the wrong account but debited or credited correctly. For example‚ Instead of trade receivable - customer A‚ trade receivable - customer B is debited. The fifth type of error is “compensating error”. It means that when an error had been made in the debit side‚ and in the mean time another error with the identical amount
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human resource department‚ its major function is in motivating employees. Improvement with compensation packages is done by rewarding the employees who have done well. Evaluating the employees should be compensated for his or her actions. When compensating employees‚ it will keep the flow in trend. Some of these include awards‚ career developments‚ holiday rewards‚ salary increments‚ and flexible working hours. 4. Improving organizational culture A. The human resource department will try to improve
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Applications of time and measurement describe mathematical calculations particularly susceptible to propagating successive errors in downstream operations. Those flows create compounding phenomena‚ known as Propagation of Error‚ with the potential to severely degrade accuracy unless otherwise corrected or compensated. Imagine the profound corollaries of erroneous ship navigation while crossing an ocean‚ missile trajectory on a defense system or medical research for an experimental cancer treatment
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INTRODUCTION The Companies Act‚ 1956 provides for a variety of companies of which can be promoted and registered under this Act. The three basic types of companies which may be registered under the Act are: • Private companies; • Public companies ; and • Producer companies PRIVATE COMPANY Section 3(1)(iii)‚a private company means a company‚ which has a minimum paid up capital of one lakh rupees or such higher paid-up capital as may be prescribed ‚ and by its articles:
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9 - 6 0 5 - 0 8 1 R E V : O C T O B E R 2 5 ‚ 2 0 0 6 A N A N T H R A M A N V I S H A L G A U R S A R A V A N A N K E S A V A N David Berman “Inventory - Oh‚ so sweet – It’s what it’s all about!” David Berman‚ founder and general partner‚ Durban Capital L.P.‚ explaining his investment strategy in retail stocks April 11th‚ 2005 David Berman reviewed the macroeconomic numbers on inventory turns as he prepared for his regular appearance on CNBC’s “Squawk Box”
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to as a paid laborer‚ or broadly‚ any person who does manual or industrial labor as a means of livelihood. In a legal terms‚ a worker or employee is any person employed by an employer EMPLOYER: The Person who provides work for workers‚ compensating them in exchange for their labor or services. In legal terms‚ the employer is one who reserves the right‚ subject to limitations imposed by labor laws‚ to lay down policies‚ hire‚ suspend‚ transfer‚ lay off‚ or discipline employees. DUTIES
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wrote in response to the families of the 911 victims. She assigned the concepts of attatching a dollar sign to someone’s life‚ in the way of‚ questioning families of the victims‚ interviewing‚ and embarking on her own personal investigations. “ Compensating the families of the recently deceased from 911.” Ripley discovered the government invented a way to measure blood and loss in cash. This provided helpful insight on the grueling mathematics involved in ‚ calculating the income necessary to provide
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on employee’s performance‚ it cannot still be said that having compensation management policy is a panacea for success in appraising‚ and managing employee’s performance. It is therefore the duty of all managers to ensure that the use of compensating policy meets employee’s expectation in order to have good and effective performance. The first basic requirement for effective and functional performance system is to have a common understanding of the standards of performance required
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separate from their primary care attachment to establish new relationships including romantic relationships‚ they are englighted by their previous attachment experiences (Bowlby‚ 1980). Adolescent egocentrism found to be playing a crucial role in compensating the attachment losses and forming new relationships.
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ACCOUNTING INFORMATION SYSTEM BASIC CONCEPTS Accounting Information System which is a subsystem of the Financial Information System refers to the orderly arrangement of procedures‚ personnel‚ records‚ equipment and devices utilized for a logical and orderly gathering‚ processing and reporting of financial and other information essential to the efficient conduct and evaluation of the activities of a business enterprise. An accounting information system (AIS) is the information subsystem
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