different accounting approaches were introduced to overcome these problems that reflected by inflation. However‚ the historical cost accounting still widely and continuously to be used by most companies in their accounting. Conversely‚ reporting current cost in accounting are recommended rather than historical cost as it is the fair value reported in the current year would be beneficial to the firm and the shareholders of the company. 2.0 Historical Cost Accounting and Benefits of Current Cost 2.1 Introduction
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June 2007 Test Under Simulated LSAT Conditions One important way to prepare for the LSAT is to simulate the day of the test by taking a practice test under actual time constraints. Taking a practice test under timed conditions helps you to estimate the amount of time you can afford to spend on each question in a section and to determine the question types on which you may need additional practice. Since the LSAT is a timed test‚ it is important to use your allotted time wisely. During the test‚ you may
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Subject – AUDIT Topic – AUDIT OF BANKS. Name – Arwa Khambati Roll no. – 29 College Name – Sydnehem College of Commerce and Economics Seat Number - Certificate of Completion Date: 19/10/2013 This is to certify that Ms. Arwa Khambati (Roll No. 29) a student of Master of Commerce (Part 2)‚ Sydenham College of Commerce and Economics‚ has undergone Project work on titled AUDIT OF BANKS. 19/10/2013 Mumbai
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well‚ so well that the Deans nominated me for the Truman Scholarship‚ the Marshall Scholarship‚ and the Rhodes Scholarship. I didn’t get any of them‚ though‚ but the rejections came on super nice letterhead that still hasn’t yellowed. Standardized tests weren’t typically a problem‚ but the first time I took the LSAT‚ I threw up right before the exam‚ and so I scored somewhere in the neighborhood of a gifted fifth grader. Oh‚ I took more exams and I went to graduate school‚ but once I was there‚
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the bank d.Postage stamps on hand 25A cash equivalent is a short-term‚ highly liquid investment that is readily convertible into known amounts of cash and a.is acceptable as a means to pay current liabilities. b.has a current market value that is greater than its original cost c.bears an interest rate that is at least equal to the prime rate of interest at the date of liquidation. d.is so near its maturity that it presents insignificant risk of changes in interest rates. 26.Bank overdrafts
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question: Comparative study and analysis of customer satisfaction from various services provided by different banks (Both private as well as Nationalize banks) 1.2 Objective: 1.2 A Primary objective: :-To study satisfaction level of customers of different banks with respect to various services provided by banks. 1.2 B Secondary objectives: :- To study the unique services provided by banks ‚ if any and to study customers response in this respect :-To study the contemporary issues in banking
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The historical cost accounting is an accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition. It is usually used in combination with other measurement bases. For example‚ inventories are usually carried at the lower of cost and net realizable value‚ on the other hand marketable securities are usually carried at market value‚ and entities prefer to carry pension liabilities at their present value. The main advantage of using
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Financial Accounting Part I Textbook for Class XI © no N C tt E o R be T re pu bl is he Accountancy d ISBN 81-7450-507-5 First Edition February 2006 Phalguna 1927 Reprinted October 2006 Kartika 1928 October 2007 Kartika 1929 January 2009 Magh 1930 January 2010 Magha 1931 January 2011 Magha 1932 PD 90T RPS © National Council of Educational Research and Training‚ 2006 ALL RIGHTS RESERVED No part of this publication may be reproduced‚ stored in a retrieval system or transmitted‚
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Chapter 5 Accounting for Merchandising Operations Chapter Summary Merchandising Operations • A merchandising company is an enterprise that buys and sells goods to earn a profit. • Measuring net income for a merchandising company is the same as for a service company through matching of expenses with revenues. • In a merchandising company‚ the primary source of revenue is the sale of merchandise‚ which is called sales revenue or sales. • Expenses for merchandising
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CHAPTER 1 Marketing: The Art and Science of Satisfying Customers Chapter 1 Marketing: The Art and Science of Satisfying Customers Copyright © 2013 by Nelson Education Limited CHAPTER 1 Marketing: The Art and Science of Satisfying Customers Chapter Objectives 1. Define marketing‚ explain how it creates utility‚ and describe its role in the marketplace. 2. Contrast marketing activities during the four eras in the history of marketing. 3. Explain the importance of avoiding marketing myopia. 4. Describe
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