"Discuss historical cost accounting in relationship to relevance and reliability" Essays and Research Papers

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    Q1: What is the meaning of Reliability and validity in research context? Ans: Reliability Reliability in research means that an instrument yields the same results again and again on every trial. There may be difference in the results; therefore we use more and less reliable instrument for a specific research. A more reliable instrument is often called as stable instrument (that instrument which gives same or very closer results) where as less reliable instrument is often called unstable

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    4. A 5. C 6. a‚ b 7. A 8. B 9. c‚ d 10. B 11. a‚ b 9-29 (25 min.) Denominator-level problem 1. Budgeted fixed manufacturing overhead costs rates: Budgeted Fixed Budgeted Fixed Denominator Manufacturing Budgeted Manufacturing Level Capacity Overhead per Capacity Overhead Cost ------------------------------------------------- Concept Period Level Rate Theoretical $4‚560‚000 3‚600 $1‚266.67 Practical 4‚560‚000 2‚400 1‚900.00

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    Principles of Accounting

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    PRINCIPLES OF ACCOUNTING 1 ACCOUNTING THEORY NOTES (a) International Accounting Standards and International Financial Reporting Standards. The foreword to accounting standards defines Accounting Standards as Authoritative statements of how particular types of transaction and other events should be reflected in financial statements. Accounting Standards are developed to achieve comparability of financial information between and among different organizations. International Accounting Standards (IAS’s)

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    University of Phoenix Material Reliability and Validity Worksheet Instrument Reliability A reliable instrument is one that is consistent in what it measures. If‚ for example‚ an individual scores highly on the first administration of a test and if the test is reliable‚ he or she should score highly on a second administration. Imagine that you are conducting a study for which you must develop a test in mathematics for 7th-grade students. You develop a 30-point test and distribute it to a class

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    4.3 Reliability Analysis According to Saunders et al. (2009)‚ reliability test is an indicator of measure for internal consistency and to ensure the quality of the questionnaire. In order to achieve a more accurate questionnaire‚ this study used the Cronbach’s Alpha which is the most popular model to determine the correlation among the items and to assess the internal consistency of a questionnaire (or survey) that is made up of multiple Likert-type scales and items. According to Sekaran and Bougie

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    would have implications for future relationships. Childhood and adolescent experiences are said to have an influence on later relationships. Shaver suggests there are three things which influence our later relationships‚ care giving‚ attachment type and attitude towards sexual experiences. The idea that out attachment types influence out later relationship was put forward by Bowlby‚ who believes that those with more secure attachments would have better relationships in adult life. Reasonable AO1

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    Cost Account Joint Cost

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    11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?

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    Discuss issues of reliability and validity associated with the classification and diagnosis of phobic disorders. ( 8+16) A phobia is an irrational fear which interferes with daily life. For a phobia to be diagnosed it must meet the criterion set by the diagnostic and statistical manual of mental disorders. Reliability and validity are two important factors when considering classification of mental disorders; they must be present for an accurate classification to be made. Reliability and validity

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    Accounting for Managers TOPIC A: AN INTRODUCTION TO ACCOUNTING Investors – Individual and groups provide initial capital. Creditors – Company which loans money to another company (Suppliers/Bank). Managers – Oversee the day-to-day operations. What is accounting? * Process of Recognising‚ measuring‚ recording (also known as transactions)‚ disclosing and attesting to information. *Information – Decision Making (Value Creation)‚ Control (Monitoring). Process of Accounting: Transactions

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    Accounting

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    The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make

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