The advantage of working in private sector in term of salaries Higher payment salaries (1) Employment opportunities . There are a lot of freshly graduates that are being produce every year. With all the unemployed people plus with the freshly graduates ‚ the competition of acquired the getting harder . (2) Overtime . working in private sector‚ there are a lot of overtime compare to government sector. This private company such as an example will offer their worker overtime to increase their production
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Ethics in the Nonprofit Sector Nataly Schwartz Nonprofit and Association Organizations and Issues University of Maryland University College Jennifer J. Wood March 30‚ 2011 “When governmental and nonprofit organizations are good‚ they are very good. And good they must be‚ because we entrust them with society’s most important functions- educating our minds‚ uplifting our souls‚ and protecting our health and safety…But when governmental and nonprofit organizations are bad
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CHAPTER 3 THE REPORTING ENTITY AND CONSOLIDATED FINANCIAL STATEMENTS ANSWERS TO QUESTIONS Q3-1 The basic idea underlying the preparation of consolidated financial statements is the notion that the consolidated financial statements present the financial position and the results of operations of a parent and its subsidiaries as if the related companies actually were a single company. Q3-2 Without consolidated statements it is often very difficult for an investor to gain an understanding
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Content 1 Introduction 1 1.Task one 2 The models and concepts affecting the pricing decisions taken by organisations‚ critically reflecting upon their usefulness 2 2‚ Task two 6 The role of standard costing and variance analysis in management accounting and a critically discussion of the value and limitations of variance analysis as a means of identifying key areas which have contributed to the overall profit figure. 6 3‚ The advantages and disadvantages of introducing an Activity Based Costing
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opportunity was recognized by President John F Kennedy. In 1964 President Lyndon Johnson put into force the affirmative action concept from the Executive Order 11246. 3. How is the quota different from an affirmative action plan? Answer: The difference between a quota and an affirmative action plan is when minorities and women do not have to be
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Chapter 1 Question 1-18 Consumers Union is a nonprofit organization that provides information and counsel on consumer goods and services. A major part of its function is testing of different brands of consumer products that are purchased on the open market and then the reporting of results of the tests in Consumer Reports‚ a monthly publication. Examples of the types of products it tests are middle-sized automobiles‚ residential dehumidifiers‚ flat-screen TVs‚ and boys’ jeans. a.) In what ways
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CHAPTER 2 21. Generally accepted accounting principles a. are fundamental truths or axioms that can be derived from laws of nature. b. derive their authority from legal court proceedings. c. derive their credibility and authority from general recognition and acceptance by the accounting profession. d. have been specified in detail in the FASB conceptual framework. 22. A soundly developed conceptual framework of concepts and objectives should a. increase financial statement users’
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organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent‚ reliable‚ and ethical personnel * Assignment of responsibilities * Proper authorisation * Separation of duties
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Opposing Viewpoint: FAFSA vs Private Sector Companies Some groups that are involved in issues regarding about the amount of college tuition and financial funds given include FAFSA‚ and private sector companies. During the time when students are submitting applications for financial aid‚ groups like FAFSA is favored‚ since every student’s main objective is able to receive the most amount of money from this organization. On the contrary‚ private sector companies that loan out money at a high-interest
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fulfill. Human services is a vast sector that includes a broad range of disciplines‚ knowledge and skills focused toward enhancing human well- being‚ both individually and collectively. Just as there are many causes within the human services sector‚ so too are there a wide variety of organizations whose aim is to accomplish these goals. Three main organization types define the human services field nonprofit or NGO‚ governmental or public enterprise and the private sector. All of them use different methods
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