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
Premium Accountancy Business Cost accounting
not a productive resource. It is used for purchasing resources. Capital in economics can actually be used to produce goods and services. 3 Explain the difference between macroeconomics and microeconomics. Give example of the areas of concern to each branch of economics. Micro: individual unit. Eg household‚ market‚ industry Macro: economic behavior of aggregate (national level) Eg national output‚ unemployment rates‚ etc. page 6 4 Explain why it is important for an economic model
Free Economics
M1911 .VS M9 While the general workings of a M1911 and a M9 are similar‚ the differences in the two caused some branches‚ such as MARSOC‚ to never adapt the M9‚ instead keeping their M1911s after the official general issue of M9. The biggest similarity between these two pistols is the single-action semi-automatic design. this means that when the slide is racked‚ they chamber a round and the hammer is cocked. Every time it is fired‚ it racks the slide until the last round is spent‚ upon which
Premium
Differences between advertising and PR Public relations is planned and conducted in a business-like way. PR deals with many different groups of people known as publics and relates to all the communications of total organization. It’s not a form of advertising‚ its purpose is to tell not selling product yet it is playing a role of spreading knowledge about a new product or service‚ informing and educating people‚and creating understanding to the prescribed objectives. Sometimes‚ it is also the beginning
Premium Public relations Marketing
One of the biggest differences between Judaism and hinduism is their belief of God and the afterlife. Judaism is a monotheistic religion‚ meaning that they believe in one God. Abraham founded this religion when God made a covenant between the two. The Jews believe that they are God’s chosen people. They believe that when they die‚ they will either go to heaven or hell based on their deeds; an afterworld of sorts. Hindus believe in a complicated process called Reincarnation. This process has two
Premium Religion Hinduism Buddhism
The results indicated a strain between the two regulative structures and a shortage of appreciation that correctional facilities have a firm role alongside restorative practices. Further studies were conducted that found a disconnect between theory and practice in that restorative justice programs and policies both intend to minimise recidivism rates (Ward and Langlands 2009). However
Premium Law Criminal justice Crime
The Differences Between Coaching & Mentoring It’s understandable that you might think mentoring and coaching are similar or even the same thing. But they’re not. Both warrant consideration in the workplace. Here are five differentiators that we think are important. Differentiator #1: Coaching is task oriented. The focus is on concrete issues‚ such as managing more effectively‚ speaking more articulately‚ and learning how to think strategically. This requires a content expert (coach) who is
Premium Coaching Time Term
As Ruby Blondell states‚ the gratified slogans‚ “Born to be arrested” and “OBEY ALL LAWS! BE A MODEL CITIZEN!” succinctly encompass the difference between Antigone and her uncle‚ Kreon. Whereas Kreon believes the pursuit to the good life is akin to following the law of man‚ Antigone is fully prepared to die for burying her brother‚ adhering to the law of gods. As Antigone states‚ “ . . I must please those down below a longer time than those up here‚ since I shall lie there always. You [Ismene]‚ though
Premium Law Oedipus Sophocles
Philosophers say the key to understanding human life is answering the really philosophical questions such as why are we here? Where did we come from? Where will we go? And so on and so forth. This has truly been a debate for the ages in philosophy‚ one that has stimulated thinkers‚ philosophers‚ theologists and scientists for thousands of years‚ hence led emergence of idealism and realism as two major traditional philosophical schools of thought in the realm of philosophy. So this paper projects
Premium Reality Metaphysics Mind
commit a criminal act are not governed under this section as the act was a lawful one done to save one’s life. There is wide difference between the term offence and a criminal act. The word offence is a result or effect of a criminal act. Criminal act is wider than offence (section 40). A criminal act is a series of act which is committed by an offender that results in punishment under the code of the law (as the law maybe). The word act is not confined to the meaning that you do something directly
Premium Crime Criminal law Law