most deadliest natural disasters. What happens in a tornado‚ high winds and a low pressure system start rotating very fast until they eventually touches the ground or a body of water. How can a tornado be dangerous? Once it touches the ground it will destroy everything in its path‚ It also picks up things and throws them far with a lot of force‚ Another thing is if it picks you up itself you can be thrown into thing and die from being hit to hard. Just think what would go through your mind if you
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ADVANTAGES OF COST ACCOUNTING 1. Fixation of responsibility: Whenever a cost center is established‚ it implies establishing a kind of relationship between superior and subordinates. Thus responsibilities are fixed on every individual who is concerned with incurrence of cost. 2. Measures economic performance: By applying cost control techniques such as budgetary control and standard costing it helps in assisting the performance of business. 3. Fixation of price: By providing cost data it
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(BAS)‚ was trying to interpret the shocking events of the previous few days and finish the write-up of his first report on the Canadian pharmaceutical firm‚ Biovail Corporation. Maris didn’t like what he saw at the company‚ but he never liked writing “Sell” recommendations. In any event‚ he wanted to make sure he was giving the best advice to his investment clients. Biovail Corporation was one of Canada’s largest publicly traded pharmaceutical companies.1 For many years‚ Biovail had applied advanced
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When looking at what makes up a team‚ there are different qualities that it has that make it a team. Google’s HR group lacks some of these qualities. Katzenbach and Smith define a team as “a small number of people with complementary skills who are committed to a common purpose‚ performance goals‚ and approach for which they hold themselves mutually accountable.” (Kreitner‚ 2013 p.300). Looking at Google’s HR group‚ it is split up into three different groups. The first of the groups are employees
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company‚ let’s say Apple for example‚ it is crucial to understand what determines its investing value. Valuing a huge corporation is not simply taking a look at the balance sheet and income statement and figuring out what’s total assets and total liabilities. A discounted cash flow analysis is one of the main ways investors can value a company. The idea of the actual valuation is to project future cash flows and discount them to see what would be their present value 10 years from now‚ for example. These
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COST OVERRUN FACTORS AND PROJECT COST RISK ASSESSMENT IN CONSTRUCTION INDUSTRY - A STATE OF THE ART REVIEW SAVITA SHARMA 1 & PRADEEP K. GOYAL 2 1 Senior Lecturer‚ Department of Civil Engineering‚ Govt. Polytechnic College‚ Ajmer‚ Rajasthan‚ India 2 Associate Professor‚ Department of Civil Engineering‚ Govt. Engineering College‚ Ajmer‚ Rajasthan‚ India ABSTRACT This paper presents a state of the art review of major and frequently occurred cost overrun factors and project cost risk assessment
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Cost Classifications Consult Ch. 6 & 7 of Health Care Finance and other sources to complete the form. This worksheet requires you to match the definitions and examples of types of cost‚ and the types of centers where costs occur. Part 1: For each term in Column A‚ select the correct definition from Column B on the right. Write the corresponding letter of the definition next to the term. Column A f 1. Indirect costs a 2. Direct costs d 3. Fixed costs i e h b c g 4. Variable
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I do not think American shoppers should only buy products made in the USA. Even though this industry is not safe for workers in other parts of the world‚ the same industry has provided jobs for millions of people and have helped many people pull out from poverty. The costs will become higher for manufacturers and shoppers if we only bought clothes made in America. For instance‚ paragraph eight of “The Real Cost of Fashion”‚ a Junior Scholastic Magazine article written by Laura Anastasia states‚ “Bangladesh
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My topic is about what makes a hero. What makes a hero is ability to help out in their community. Heroes are those who put their life on the line in 911. Those people where true heroes. If I ask you to list some heroes in your heart‚ I bet you can list a lot. Yes‚ there are many heroes near or distant from us. But if I ask you what a “hero” is‚ what will you say? It’s a kind of hard to give a definition‚ isn’t it? When I check on the dictionary‚ it says a hero is a person who distinguished by courage
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Relevant Costs Defined Relevant costs possess two characteristics: (1) They are future costs and (2) They differ across alternatives. All pending decisions relate to the future; accordingly‚ only future costs can be relevant to decisions. However‚ to be relevant‚ a cost must not only be a future cost but must also differ from one alternative to another. If a future cost is the same for more than one alternative‚ then it has no effect on the decision. Such a cost is irrelevant. The
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