Accounting Principles‚ Concepts and Conventions Accounting principles are guidelines & standards‚ which have been accepted by the accounting profession in preparation and presentation of accounts of the business. It is approved and normally accepted by the government bodies &controlling authorities. Accounting principles are uniform in order to understand in the same sense by those using it. Also they are not rigid (i.e. inflexible) like principle of gravity but they are flexible.
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Business Entity Concept Money Measurement Concept Going concern concept Accrual basis concept Consistency Concept Materiality and aggregation concept Concept on Prudence Matching Principle Dual Aspect Relevance Concept Introduction Financial accounting has a number of conservative laws which have been considered over the years and all the possible identifiable rules are: Business Entity Concept‚ Money Measurement Concept‚ Going concern Concept‚ Accrual basis of accounting concept‚ Consistency
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The Banking Concept of Education: Paulo Freire states “knowledge is a gift bestowed by those who consider themselves knowledgeable upon those whom they consider to know nothing” (139). He claims that in The Banking Concept of Education‚ the teachers treat the students as a bank in which they deposit information into them and the students never really get to think critically about the information they are learning. This method was widely used during the first twelve years of my formal education
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“Nowadays the concept of culture in anthropology and sociology is regarded as a fundamental element in the humanities.” (Chase‚ 1948: 59; cited in Encyclopaedia Britannica‚ 2007: The culture concept in anthropology) Today culture is one of the most discussed concepts all around the world. It has a crucial role in human relations. Its understanding is the kernel of the new multiculturalism policy of different countries around the globe. And in this understanding the social sciences has a
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----------------------------------------------------------- Accounting Concept and Conventions In drawing up accounting statements‚ whether they are external "financial accounts" or internally-focused "management accounts"‚ a clear objective has to be that the accounts fairly reflect the true "substance" of the business and the results of its operation. The theory of accounting has‚ therefore‚ developed the concept of a "true and fair view". The true and fair view is applied in ensuring and
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Assignment 1! Page 1 Wayne Said‚ Group 3 Marketing 4 December 2007 How does the marketing concept differ from the selling concept‚ the product and production philosophies ? Illustrate the potential perils faced by companies adopting these concepts in todays highly complex and competitive environment and outline which orientations are recommended in a buyer ’s market ? The Marketing Concept is a philosophy that says that firms should analyze the needs of their customers and then make decisions
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Self-concept emerges as a child develops an increasingly rich concept of him or herself‚ separating the notion of "I" from other people and objects. In addition to he concept of "I" a child develops a separate notion of "Me" which has certain defining features and qualities. William James defined "Me" as one that is observed and perceived. "It is the Me that one sees when attention is focused on the self‚ the Me as an object‚ represented in self-concepts‚ in how we see ourselves." The notion of
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Concept of Community 1 Running head: Concept of Community Concept of Community Abstract The purpose of this paper is to discuss the concept of community. The paper will explore the differences and definition between community and aggregate. The author will further discuss specific identification and description of an aggregate. The paper will conclude with the writer’s personal expression regarding this topic. Community vs. Aggregate Public health nurses and other care
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Philippines Polytechnic University of the Philippines College of Accountancy Sta. Mesa‚ Manila CONFLICT‚ FRUSTRATION AND STRESS (A Word Presentation prepared by Group VII) Reyno‚ Robinson C. Santiago‚ Manuelito T. Tolentino‚ Laila M. Tud‚ Sheilla Jean A. Ungsod‚ Ayesha Erika L. Valenzuela‚ Judith O. Valeros‚ Joanna Lyn P. FRUSTRATION‚ CONFLICT and STRESS 1. Frustration a. Definition b. Types c. Sources and Dynamics d. Theories e. Defense Mechanisms f. Responding
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Marketing Concept BUS-110 IT 1 The marketing concept is a business philosophy where a business provides products or services that a customer wants and needs by setting up a series of activities within the company to also allow for the company to achieve their goals and objectives. Three steps involved in the marketing concept are; the business first must find out what potential customers needs are. Second‚ a business has to create the product or service that the potential customer wants
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