accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and‚ occasionally in the past‚ a standard of deferred payment. Any kind of object or secure verifiable record that fulfils these functions can serve as money. Money originated as commodity money‚ but nearly all contemporary money systems are based on fiat money. Fiat money is without intrinsic
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Networking Standard Organizations Introduction Today I’m going to talk about the different organizations there are and the standards they set for networking. These organizations are ANSI‚ EIA and TIA‚ IEEE‚ ISO‚ ITU‚ ISOC‚ IANA and ICANN. They all instruct of a particular product or service. Many different organizations oversee the computer industries’ standards. These standards are essential in the networking world‚ they ensure network designs compatibility. ANSI ANSI (American National Standards
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Principles and Process Standards Worksheet Directions: Go to the NCTM website by using the following directions: 1. Go to http://www.nctm.org/standards/content.aspx?id=4294967312 2. Click on the Standards and Focal Points section from the top navigation bar. 3. Click the Principles and Standards for School Mathematics navigation bar on the left of the page. 4. Click on the Overview section. 5. Click on Standards for Grades Pre-K–2. 6. Click on Standards for Grades 3–5.
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Standard deviation is the square root of the variance (Gravetter & Wallnau‚ 2013). It uses the mean of the distribution as a reference point and measures variability by considering the distance of each score from the mean. It is important to know the standard deviation for a given sample because it gives a measure of the standard‚ or average‚ range from the mean‚ and specifies if the scores are grouped closely around the mean or are widely scattered (Gravetter & Wallnau‚ 2013). The standard deviation
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Harmonisation of accounting standards International accounting harmonisation can be defined as "the process of bringing international Accounting Standards into some sort of agreement so that the financial statements from different countries are prepared according to a common set of principles of measurement and disclosure". Harmonisation means that deviating rules‚ which do not exclude themselves‚ can continue to exist next to each other. That means harmonisation does not focus on the elimination
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Accounting Standards and Their Importance AS-1: DISCLOSURE OF ACCOUNTING POLICIES The following is the text of the Accounting Standard (AS) 1 issued by the Accounting Standards Board‚ the Institute of Chartered Accountants of India on ’Disclosure of Accounting Policies’. The Standard deals with the disclosure of significant accounting policies followed in preparing and presenting financial statements. AS-2: VALUATION OF INVENTORIES A primary issue in accounting for inventories is the determination
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\ The Standard Oil Trust Standard Oil Trust John D. Rockefeller was born on July 8‚ 1839 in New York. He was among one of the richest people in the world. He formed the Standard Oil Trust in 1863‚ by 1868 the company had been established in Ohio‚ at that time it was one of the largest oil refineries in the world. The Standard Oil Company grew to dominate the oil industry and became one of the first
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The case study of Standard chartered: Islamic ethics and social responsibility. Abstract This paper is a case study on Ethisc and Social responsibility as adobpted by Standard Chartered Saadiq‚ paper briefs Islamic concept of ethics and social responsibilities and brief comparison with conventional ethics and social responsibility concept. Paper highlights on business performance by Standard Chartered Saadiq‚ products offered to customers‚ Shariah compliance policy and social reposnibility of
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cultural theme. Food stalls in the festival are extremely popular. Each food stall comes with power‚ access to water and an official Polyfest sign. Only healthy foods sold in the continuation of the healthy eating program. There are health and hygiene standards that it is a requirement that a stall holder at the festival meet the Manukau City Council’s regulations (asbpolyfest.co.nz). ASB Polyfest Event is made up of 5 stages‚ Maori‚ Samoan‚ Tongan‚ Cook Island‚ Niuean. A sixth stage also includes the Diversity
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Common Core Standards Heather L. Dudziak MTE 501 February 14‚ 2011 Cristina Campisano Common Core Standards Today the federal government has taken a role as a promoter of educational opportunity to students with numerous disadvantages. These disadvantages range from poverty to discrimination based on race and sex‚ to special education needs or even language barriers (Umpstead‚ 2008). Funds are supplied by the federal government for specific programs to improve educational quality;
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