Difference between historical cost and fair value accounting In order to make the most profitable and rational decisions entity’s stakeholders have to evaluate organisation’s financial statements. Today’s world of rapidly changing prices has made it difficult to estimate what something is actually worth. Thus leading to debates at what price – historical costing price or market value – assets and liabilities should be reported. Therefore‚ before making any evaluations about reported transactions
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Article Critique Costanza‚ Robert‚ et al. “A True Cost Accounting Approach to Nuclear.” Triple Pundit: People‚ Planet‚ Profit. 5 Apr 2011. 6 Aug 2011. In his article‚ “A True Cost Accounting Approach to Nuclear‚” Robert Costanza first presents the example of hidden clean up costs of the nuclear disaster in the Fukushima Daiichi power plant in Japan. The cost of which are paid in large part by the national government and taxpayers rather than the industry. Costanza explains
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30. SUBJECT-VERB AGREEMENT: BASIC RULES To make sure the verb agrees with the subject: First‚ find the subject(s) of the sentence. The subject is who or what is performing the action or being described. Nurses prepare the patients for surgery‚ and the head nurse inspects the patients’ rights before the surgery. The topic is controversial‚ so the students have strong opinions. I am studying biology because it has always interested me. Then‚ look for these three types of verbs to make sure the
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Throughout the years we dream of the future. We dream of career and setting goals to become someone. I think of my future every day and ways to make it better. It’s important to know what I want in my life‚ otherwise I won’t be happy. I am still figuring out who I am and what exactly do I want to dedicate my life to. But my biggest goal in life is to be happy with whatever I’ll be doing. Enjoy life and just simply reach my dreams. I want to get a career‚ I want to travel the world‚ I want to explore
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Wendy Xu TSM 311 After watching the documentary Super-Size Me‚ there should not be a lawsuit brought against McDonald’s blaming the restaurant for their condition as the cause for overweight and obesity in the United States. The documentary showed the experiment on what effects eating fast food could have on the body if Morgan Spurlock ate only McDonald’s for all three meals a day for thirty days and led a more sedentary lifestyle. According to Morgan Spurlock‚ McDonald’s is iconic
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The process of the tongue: Scanning electron microscopy of the external features‚ connective tissue cores‚ and corrosion casts of the microvasculature show the filiform papillae have a spearhead-like main process and spiny accessory processes around the apical part of the main process. The shape and number of both processes depend on their position on the tongue. On the apex‚ the main processes have shovel-like capillary networks and the accessory processes have small conical networks. On the
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Fajardo‚ Rachel Joy B. 3A8 We visited the plant of Gardenia and Pepsi Cola in Laguna. We arrived at Pepsi Cola’s plant first‚ in which they explain the process of production of their products then had a chance to tour the plant. From Pepsi Cola’s plant‚ we had a stop over at SM Sta. Rosa for a few hours then to Gardenia’s plant. There‚ we saw the production of their products by explaining the process first then saw in actual the step-by-step process of manufacturing their bread. In Pepsi
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a) Which accounting standards or Generally Accepted Accounting Principles (GAAP) are used in preparing the financial statements of the company (International‚ local or US GAAP standards)? Where did you find that information? For our accounting analysis we found the key accounting policies and related them to our identified key success factors. McDonald’s most important factors include consolidation‚ financial statement estimates‚ revenue recognition‚ advertising costs‚ compensation from stocks
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Accounting Cycle Paper There are several steps‚ people and processes to the accounting cycle. Although I do not have a work experience with the accounting cycle myself but I have learn the basic understanding of how the accounting cycle works in general. The first step in the accounting cycle is identifying and measurement of transactions and other events. One must analysis the transactions and determines what must be recorded. There are guidelines that the GAAP provides for companies to follow
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What is the philosophy in your life? Explain the meaning. How did you arrive on that philosophy in your life? How will you apply in this philosophy in your everyday life? Everyone has philosophy in his or her life. In identifying and knowing the philosophy of every person’s philosophy in life it could show the identity the personality and the characteristics of a certain person. But how about mine? What is the philosophy in my life? My philosophy in life is‚ “Success is tampered with the harsh realities
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