result from the settlement of a present obligation and the amount at which the settlement will take place can be measured reliably.” Further‚ Kim understood from her readings that there was a special set of accounting rules covering contingent liability recognition and disclosure. Under GAAP‚ a contingency is an existing condition involving uncertainty as to possible gain or loss. When a contingency loss exists‚ it should be accrued as a liability when both of the following conditions
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think otherwise involves contradiction of the theory‚ which you agree with. Anselm also says that God could possibly be a contingent God‚ who is dependent on something else for existence. If this was true God would not be worthy of worship and would not be the greatest conceivable being. A necessary God‚ one whose non existence is impossible‚ is greater than a contingent God whose non existence is possible. God has no creator‚ so to have to have someone else to depend on for existence‚ means they
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ABC SDN. BHD. (Incorporated in Malaysia) INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF ABC SDN. BHD. Report on the Financial Statements We have audited the financial statements of ABC SDN. BHD.‚ which comprise the balance sheets as at 30 September 2010 of the Group and of the Company‚ and the income statements‚ statements of changes in equity and cash flow statements of the Group and of the Company for the year then ended‚ and a summary of significant accounting policies and other explanatory
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When you use this revision guide‚ please remember these following rules: 1. This is just a guideline. It only intends to improve your revision process. It certainly does not intend to cover everything in the exam. It is very possible that some questions‚ which are not covered in this revision guide‚ may appear in the exam. 2. You should refer primarily to other material‚ such as textbook‚ lecture notes and class exercises. 3. When you use this guideline‚ try to understand the fundamental
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Value of Four Ideas: Please see Exhibit-1 for just option prior to Lance Bernard meeting his friends. If the company is successful‚ he would get an end value of $68.5K for an investment of $90K with a net loss of ($21.5K). Please see the Exhibit-2 for application of Real Options in this scenario‚ there are at least 4 other ways this can evaluated as profitable opportunity. 1. Viewer is Functional and Website is a success: This is highly profitable if this is accomplished. The return will be
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his decisions who lead to the world’s famous movie Antz. In this kind of analysis author uses simply graphically constructed tree which is made of initial nodes and branches. Moving even further author describes us Jeffrey’s Katzenberg’s complete contingent plan of initial nodes which enables to understand nature of his decisions.
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Contents 1. REPORT SUMMARY 1 2. OVERVIEW OF GENERAL MILLS‚ INC. 1 3. OVERVIEW OF DIAGEO PLC AND PILLSBURY COMPANY 2 4. OVERVIEW OF GENERAL MILLS’ ACQUISITION OF PILLSBURY 3 5. GENERAL MILLS’ STRATEGIC MOTIVES FOR ACQUIRING PILLSBURY 4 6. IS THE DEAL ECONOMICALLY ATTRACTIVE? 5 6.1. VALUATION OF PILLSBURY (WITHOUT SYNERGIES) 5 6.2. VALUE OF SYNERGIES (COST SYNERGIES) 5 6.3. VALUE OF CLAWBACK 6 6.4. VALUE OF GENERAL MILLS’ STOCK PAYMENT 9 6.5. VALUE OF DEBT ASSUMED 9 7. RECOMMENDATION FOR
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research and unresolved issues that could drive future research in this field. Design/methodology/approach – To develop this conceptual analysis‚ the paper reviews previous literature on SHRM‚ drawing on the distinction between the universalistic‚ contingent and configurational perspectives. Each of
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firms so it is essential that organizations try hard to motivate and hold on to the best employees (Harrington‚ 2003). * Deci and Ryan (2001)‚ in collaboration with two of their colleagues‚ conducted a study to examine the effects of performance-contingent rewards on an employee ’s intrinsic motivation. neglect of this (Maritz‚ 1995; Ristow‚ Amos and Staude‚ 1999).
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ARMSTRONG ’S HANDBOOK OF REWARD MANAGEMENT PRACTICE Improving performance through reward 3RD EDITION Michael Armstrong KoganPage LONDON PHILADELPHIA NEW DELHI Contents Introduction 1 Parti Essentials of Reward Management 3 An Overview of Reward Management 5 1. Introduction 6; Reward management denned 6; Characteristics of reward management 7; The reward management framework 9; Aims of reward management 9; Achieving the aims in general 11; Achieving
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