COST CLASSIFICATION CONCEPT OF COST: DEFINITION: A SACRIFICE OR GIVING UP OF RESOURCES FOR A PARTICULAR PURPOSE FREQUENTLY MEASURED BY THE MONETARY UNITS (RUPEES‚ DOLLARS) THAT MUST BE PAID FOR GOODS AND SERVICES . ➢ EMPHASIS ON COST INFORMATION: MANAGEMENT ACCOUNTANTS PAY A LOT OF ATTENTION TO COSTS BECAUSE COST HAVE A VITAL ROLE TO PLAY IN PLANNING ‚ EVALUATING AND DECISION MAKING. FOR EXAMPLE IN PLANNING THE ROUTE AND FLIGHT SCHEDULES THE MANAGER OF AN AIR LINE MUST CONSIDER
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Chapter 1: Concept of HRD Introduction to HRD: ‘Dhanesh “ Auto Inc. has been a major global manufacturer of automotive product. In December 2002‚ Lumax Industries acquired it. Headlight‚ side indicator and brakelight are among their leading products. One of the challenges that both the former Dhanesh Auto Inc. and the present Lumax Industries have faced is the fact that over half of their employees not regional employees. Lumax Industries executives recognised that there was a need for more
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are ominous signs of deluge‚ yet some are welcome relief to long spells of scorchy summer .So clouds no doubt attract attention of a genre of people. Like wise the concepts of cloud being the object of awe reverence as well as curiosity has been haunting man still now. From the above discussion it can be safely inferred that the concept needs farther research and discussion. But it should be dealt with from both physical and metaphysical viewpoint. Let us then pull up our socks and get started. Let
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Evaluating Concepts-Based vs. Rules-Based Approaches to Standard Setting INTRODUCTION In its new project on Codification and Simplification‚ the FASB indicates its intent to evaluate the feasibility of issuing concepts-based standards rather than issuing detailed‚ rule-based standards with exceptions and alternatives.[ 1] Related to this project‚ members of the FASB board and staff asked the Financial Accounting Standards Committee of the American Accounting Association (hereafter‚ the Committee)
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Catherine Ashley December 15th‚ 2012 Mr. Jones Western Civ Honors The concept of the polis is to identify the Greek city-state and show the Greeks citizenship to their city-state. Polis is where our word "politics" came from. The polis would be across between our word "government" and "culture" since the Greeks held that which we call culture is formed‚ shaped or controlled by the activities of the citizens of the polis. The polis was a type of force as well as alliance‚ thanks to it’s
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OF EXTRA-MURAL STUDIES MASTERS IN PROJECT PLANNING AND MANAGEMENT LDP 601: FUNDAMENTALS OF MANAGEMENT PRESENTED BY: GROUP 1 SUBMITTED TO: PROFESSOR HARRIET JEPCHUMBA KIDOMBO DATE OF SUBMISSION: APRIL 15‚ 2014 Question: Examine the concept of ethics and illustrate with a case study how it has been institutionalized in an organization Group 1 Members No Name Registration No. 1. Michael Ngumbu Nguri L50/71712/2014 2. Anne Wanjiku Waititu L50/71437/2014
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Organizational Concepts Table of Contents 1. Chapter 1: Organizational Planning 4 1.2. Introduction: 4 1.3. Defining Planning 4 1.4. Recognizing the Advantages of Planning 5 1.5. Using Plans to Achieve Goals 5 1.6. Criteria for effective goals 6 1.7. Coordination of goals 6 1.8. Detailing Types of Plans 7 1.9. Operational plans 7 1.9.1. Tactical plans 8 1.9.2. Strategic plans 8 1.9.3. Contingency plans 9 1.10. Identifying Barriers to Planning 9 2. Chapter 2 Creating Organizational
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Sipani Kartik Pradeep Anand Agarwal The Marketing Concept The "marketing concept" is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs‚ better than the competition. Today most firms have adopted the marketing concept‚ but this has not always been the case. Apple Company has applied marketing concept into their business. As we know‚ the marketing concept means determining the needs and wants of target markets
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Abortion Abortion is the removal of a fetus from the uterus in an attempt to terminate a pregnancy. This is both a social and moral issue. The abortion procedure can be performed up to the sixteenth week of pregnancy. By the sixteenth week of pregnancy the fetus can hear external voices‚ sleep‚ and dream. The fetus’ heart is even circulating blood through its tiny body at this point. Therefore yes the fetus is a human being just as we are and it has every right to live. During the 1800’s in
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A hero. Someone of admirable traits or qualities. All of us have a hero. To some‚ a hero might be their favorite actor or musician. To others‚ someone closer to home‚ like a father or uncle. But what is hero? It means different things to different people. Many find people of fame or importance their heroes. A patriotic American supporting the war in Iraq may think George Bush is a hero‚ while others believe he every decision he makes is wrong. On the flip side‚ Muslims may find Osama Bin Ladin
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