CHAPTER 1 FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS Multiple Choice—Conceptual Answer No. Description d 1. Users of financial reports. d 2. Identify the major financial statements. a 3. Financial reporting entity. d 4. Efficient use of resources. d 5. Capital allocation process. c 6. Financial statement information. c 7. Objectives of financial reporting. b 8. Common set of standards and procedures. c 9. Role of SEC. c 10. Powers of the SEC. d 11. SEC enforcement
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A. What is the difference between accrual-basis accounting and cash-basis accounting? The difference between the two types of accounting is when revenues and expenses are recorded. In cash basis accounting revenues are recorded when cash is actually received and expenses are recorded when the expenses are actually paid. B. Why would politicians prefer the cash basis over the accrual basis? The accrual basis system deals with deprecation of the value of equipment‚ land and such. Politicians would
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Title of study: M-Commerce situation in context of Bangladesh and a study of present situation of mobile banking service implementation in various banks in Bangladesh as an m-commerce service. Table of Contents Pages 1. Introduction 4 2. Background of Mobile Banking 4 3. Objectives of the study 4 4. Methodology of the study 4 4.1. Location/Geographic Coverage 5 4.2. Types of Respondents 5 4.3. Research Design 5 4.4
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BGC Trust University Bangladesh PREPARD BY Tasmin Akter Program : MBA ID No. : 120203049 Batch : 3rd Major : Marketing [pic] BGC TRUST UNIVERSITY BANGLADESH LETTER OF SUBMISSION 10 February‚ 2013 To Ms. Nighar Sultana Lecturer Faculty of Business Administration‚ BGC Trust University Bangladesh Subject: Submission
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successful cost reduction programmes In the current economic climate‚ most organisations must face up to a prolonged period of extreme competition and funding restrictions. This is particularly the case if the past few years have been focused on growth‚ service improvement or reorganisation (i.e. cost efficiency has not been a recent priority). Such pressures require an approach that reduces costs in a strategic‚ disciplined‚ and sustainable manner - delivered at pace. In our view serious cost reduction
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Financial structure • Corporate goals and objectives • Corporate diversification into related or unrelated businesses • Customer base The firms’ differences along these dimensions will affect their behavior‚ their costs‚ and their profitability. These characteristics thus provide a basis for understanding the market’s competitive structure and predicting the most likely direction of any future change. The following segment explains the various dimensions of competition
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INTRODUCTION Bangladesh is a small tea producing country sharing 2% of the world’s Tea production. Tea is an agro based‚ lab our intensive and export oriented sector and plays an important role in the national economy through export earnings‚ trade balancing and employment generation. Our Tea industry dates back to 1857 when the first tea garden was established at Malnicherra in Sylhet District. Today we have 163 Tea Gardens with a grant area of 1‚15‚757.41 hal of which 52‚317.21 hal or 45% is under
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Accounting for non-accounting students eighth edition John R. Dyson ACCOUNTING FOR NON-ACCOUNTING STUDENTS Visit the Accounting for Non-Accounting Students‚ eighth edition Companion Website at www.pearsoned.co.uk/dyson to find valuable student learning material including: G G G G Multiple choice questions to help test your learning Extra question material Links to relevant sites on the web Glossary explaining key terms mentioned in the book We work with leading authors to develop
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Environmental Security: A case of Bangladesh [pic] Prepared by: Aysha Nusrat Jahan Roll: 002 PGDIR‚ FALL 2010 Table of Contents: Abstract While reading International Relations I got acquainted with many contemporary issues which are really important to deal with for the competitive survival of Bangladesh in this age of globalization. Bangladesh is a developing country. It has to perform
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correct picture on the firm’s financial performance and financial position. We have to recognize all transaction occurring in that accounting period‚ irrespective of whether cash has been received or paid. The ultimate objective of adjusting entries is to ensure that the revenues (income) earned in the accounting period are matched by all costs incurred for that same accounting period (Monash College‚ 2011). Prepayment There are two types of adjusting entries‚ prepayments and accruals. Prepayment is
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