The objective of efficient resource allocation refers to an economy ’s ability to meet its obligations in ensuring that all social and economic objectives are met without waste‚ for example to allocate resources so that they are distributed efficiently to improve the standard or living. This is the only way that we can ensure that we will be able to maximize the number of goods and services that we are able to provide. In addition‚ we will also be more likely to guarantee the long term availability
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Connections and Information Acquisition in Capital Allocation Mariassunta Giannetti Xiaoyun Yu Stockholm School of Economics‚ Kelley School of Business CEPR and ECGI Indiana University mariassunta.giannetti@hhs.se xiyu@indiana.edu August 2010 This paper was previously circulated under the title “Favoritism or Markets in Capital Allocation?” We thank Franklin Allen‚ Utpal Bhattacharya‚ Philip Bond‚ Brian Bucks‚ Chun Chang‚ Todd Gormley‚ Denis Gromb‚ Dalida Kadyrzhanova
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ST. MARY’S COLLEGE OF TAGUM INC. National Highway‚ Tagum City CAR PARKING SLOT ALLOCATION SYSTEM A Thesis Project Submitted to the Faculty of Bachelor of Science in Computer Science In Partial Fulfillment of the Academic Requirements for the Degree of Bachelor of Science in Computer Science (BSCS) Submitted by: Agnes‚ Cesar Ian D. Alivio‚ Cathrine Y. Custodio‚ Jinky Joyce O. Daganio‚ Jecel G. Osic‚ Ralph Raoul C. Submitted to: Mr. Archie C. Ceñas‚ MIM March
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Cost Accounting – Classification of costs Cost accounting refers to a process of accumulating‚ recording‚ classifying and analyzing all costs incurred at various levels of production. The purpose of cost accounting is manifold. It provides a final selling price‚ suggests the best possible course of action where maximum savings are possible and a strategy for future. Cost accounting is also constructive in comparing the input and output results that ultimately aids the management to arrive at a financial
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Structure Setting and Adjustment | Definition | A pay structure is a collection of pay rates or pay ranges.Structure setting and adjustment is the process of developing‚ adjusting‚ and maintaining a pay structure. | Purpose | Pay structures are used to help organizations: * maintain pay levels that are competitive with the external labor market‚ * maintain internal pay relationships among jobs‚ * recognize and reward differences in level of responsibility‚ skill‚ and performance‚ and
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Allocation of scarce Medical Resources Prepared By: Noura B. Younes Supervised By: Dr. Khalid Al Ali Course : BIOM550: Medical Lab. Laws & Ethics L01 Abstract Allocation of scarce medical resources and access to medical care are major bioethical concerns in today’s society. Allocation refers to the distribution of available health –care resources. Access refers to whether people who should have health care are able to receive that care. Winners in the arena of access to health care are
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COST CONCEPTS AND COST ACCOUNTING By: Aman Jawahar Sarika Deepak Muneer CONTENTS Concept of Cost Cost Accounting Terms in Cost Accounting Elements of Cost Meaning of Overheads Classification of Costs Methods of Costing Types of Costing MEANING: Cost Concept: The term ‘cost’ means the amount of expenses [actual or notional] incurred on or attributable to specified thing or activity. Cost means ‘the price paid for something’. Cost Accounting: Cost Accounting is concerned with recording
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Quality Cost 1 Quality is defined from the customer´s point of view l Performance l Performance or the primary operating characteristics of a product or service. Example: For a car‚ it is speed‚ handling‚ and acceleration. For a restaurant‚ it is good food. l Features l Features or the secondary characteristics of a product or service. Example: For a TV‚ it is an automatic tuner. For a restaurant‚ it is linen table cloths and napkins . l Reliability l Reliability
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Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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big parking lot can be very challenging and effortful. Even when an indication is provided that a small percentage of slots is still available in the enormous car parks‚ most drivers do not seem to be able to locate those slots. Car Parking Slot Allocation System is a system that automates the searching and guides drivers on which location is their chosen slot located in the parking area. The system is designed to prevent problems usually associated with parking cars in a certain parking lot. How
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