Financial accounting 1.5.2 Management accounting 1.5.3 Cost accounting 1.5.4 Distinction between financial and management accounting 1.6 1.7 Keywords 1.8 Self assessment questions 1.9 1.0 Summary References/suggested readings OBJECTIVES After going through this lesson‚ you will be able to· Understand the meaning and nature of accounting. · Differentiate between various types of accounting. · Know development of accounting principle. · Explain
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REAL TIME RED TIDE DETECTION AND MONITORING Outline • History of RS application in water quality monitoring. • Current applications of RS technologies in water quality monitoring • Water quality algorithms • Research plan History of RS in water quality • Monitoring water quality started since the late of 1970s. • The content of suspended solids in water is the parameter that firstly been remote sensed. • Collecting water samples and analyzing the samples in a laboratory (e.g. chlorophyll
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Report on Leasing vs. Purchasing The benefits of leasing Computer equipment vs. purchasing Summary The company needs to upgrade its computer equipment. There are two upgrade paths to consider. In this proposal‚ we demonstrate how equipment leases take advantage of the benefits of reduced depreciation and taxation‚ easy scalability‚ reduction of IT staff usage‚ reduced energy costs‚ and reduction of capital spending. The company can free up money overall and maintain better control
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include a change in thinking‚ beliefs‚ attitudes‚ and values. It emphasizes the role of the mind as a schematic network and recognizes the importance of prior knowledge in making new connections. Ultimately‚ learning is compared to a computer model of processing information‚ which includes many processes that cannot be seen or measured. Cognitivism focuses on the role of memory in storing and retrieving knowledge. Transfer is seen as being the goal of acquiring knowledge so that people can apply that knowledge
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In John Taylor Gatto’s article he explains the difference between “schooling” and “education”. And if children really need to be in school to get and have an education. Or can the children simply teach themselves by there own experiences and or mistakes. This also goes for the teachers that teach these kids to have an education. Gatto states “I had enough time to reason to think of our schools-with their long-term‚ cell-block-style‚ forced confinement of both students and teachers- as virtual factories
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Future Trends in Purchasing Purchasing has become an important function of the organization. The purchasing team must understand the goals and business strategy of the organization. Purchasing and inventory management will have a huge impact on the company’s bottom line. Part of the purchasing process is dealing with foreign suppliers and e-procurement. The purchasing personal are required to fulfill many functions within the organization. The purchasing personal is responsible for some level of
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Andres Mederos AP World History The Differences between ancient Egypt and Mesopotamia There are many differences between the two civilizations like Government‚ Burials ‚ Technology‚ and language. Now these can be the same but there not because these civilizations had there own ways on how to control what they believed and how they would sustain themselves. Now the Burial techniques that the Egyptians used was very clever and like professionally done because they thought in the after life
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Psychological differences between men and women By M.Farouk Radwan‚ MSc. Recent researches‚ psychology and biology have pointed out many differences between men and women that can help us understand them both in a better way. Sometimes the main reason communication problems happen between men and women is that they don’t quite understand the differences between themselves well. Had men and women understood their psychological and biological differences they would have understood each other better
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1.What is the relationship between the exchange rates and relative inflation levels of the two countries? How will this relationship affect Blades’ Thai revenue and costs given that the baht is freely floating? What is the net effect of this relationship on Blades? ANSWER: The relationship between exchange rates and relative inflation rates can be explained by the purchasing power parity (PPP) theory. When one country’s inflation rate is high as compared to another country‚ then the demand for country’s
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are very similar in role responsibilities‚ yet have very subtle differences. Both roles are instrumental in building strong teams of employees and compliment each other as they work towards the same goals. While there are many similarities to be defined between the two roles‚ there are a few notable differences which can help to distinguish between a manager and a leader. I feel it is absolutely necessary to highlight these differences to my fellow employees so they understand the importance of my
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