FOUNDATION OF FINANCE (BWFF1013) FIRST SEMESTER 2012/2013 (A121) CHAPTER 2-FINANCIAL STATEMENT AND CASH FLOWS Section A Please circle TRUE or FALSE to the following statements. 1) An income statement reports a firm’s cumulative revenues and expenses from the inception of the firm through the income statement date. Answer: FALSE 2) A firm’s income statement reports the results from operating the business for a period of time‚ while the firm’s balance sheet provides a snapshot of
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rather rigid in terms of target-setting for‚ and monitoring of‚ service provision. Experience indicated that FYP lacked the flexibility to cope with the ever-changing needs of our society and was unable to respond to our welfare demands in a timely manner. It was therefore discontinued after 1999. 1.3 The Government has since adopted a more flexible approach to welfare planning‚ consulting the sector from time to time on the priorities for the immediate and medium terms. For instance
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Long-Term Solitary Confinement Today in the United States‚ almost every state has built a supermax prison that utilizes the punishment of long-term solitary confinement‚ which effectiveness can be explained using the views of the social theorists‚ Michel Foucault and Emile Durkheim. In the opinion of Foucault‚ he believes in using punishment as a political tactic. On the other hand‚ Durkheim believes punishment reaffirms the moral order. Comparing the two‚ the trend of supermax prisons for long-term
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discussed. As well as other factors as to why this crime occurs‚ a distinct argument focusing on sexual abuse against minors not only damage undeveloped body of the young‚ but also damage the undeveloped mind of the minor that it affect causes life-long suffering to those unfortunate victims. Sexual assault occurs due to the stereotyped theory that powerful positions that men may have in society‚ this wider image of women living in a society which is dominated by men arises from past gender binaries
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technology and medical service specialties‚ they have grown to become healthcare meccas with many outlets. Long term care facilities and programs are defined as health‚ mental health‚ residential or social support provided to a person with functional disabilities on an informal or formal basis over an extended period of time with the goal of maximizing the person’s independence. The goal of long-term care is to help people achieve functional independence‚
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parents‚ brothers‚ sisters‚ babysitters and other familiar adult. Children can be abused by age of up to 18 years and they likely to be at risk of physical injuries‚ sexual abuse‚ neglect‚ emotional abuse or verbal abuse. Child abuse can have major long term effects on all aspects of a child’s health‚ development and well being. The main forms of maltreatment are: Neglect sign; A child come to school usually with dirty skin‚ hair and clothes or without jacket in winter. Children in the school may
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In 1914 World War I began. There were several causes of this war‚ and they could be divided into long and short term causes. The long term causes were imperialism‚ alliances‚ nationalism and militarism. The short term cause‚ which acted as a trigger to the Great War was the assassination of Franz Ferdinand. (Humanities Alive 4‚ pp 4-5) All the long term causes of the Great War were significant but perhaps the most noteworthy was militarism‚ which is the development of large and powerful military
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abuse can have long-term effects on the child’s life. The effects of a use affect every child differently. Whoever suspects child
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CHAPTER 1: INTRODUCTION 1.1 Introduction Financial services firms are in the business of accepting risk. Primary aims of any financial services firm are collect and manage risks on behalf of their customers and make a profit for its shareholders. We may define ‘Risks’ as uncertainties resulting in adverse outcome‚ adverse in relation to planned objective or expectations. In the financial arena‚ enterprise risks can be broadly categorized as credit risk‚ operational risk‚ market risk and
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Return on Investment 3. The finished products‚ when sold on credit‚ get converted into ________. A) Short-term funds B) Sundry creditors C) Sundry debtors D) Circulating capital 4. _____________ is a method of budgeting income earned and adjusting some part of the budget downwards for each part that should be adjusted upwards. A) Zero-base budgeting B) Performance budgeting C) Labour budgeting D) Cash budgeting 5. Ratio analysis helps to compare items found in ____________ with other items with the
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