Accounting for partnerships Accounting for partnerships – Discuss the advantages and disadvantages of partnerships. Identify and discuss the Financial Accounting Standards (FAS) that govern accounting for partnerships including both creation‚ operation‚ and liquidation. What are the tax consequences of partnerships. The legal definition of a partnership is pretty simple. It is an association of two or more persons who have not incorporated; and carry on a business for profit as co-owners
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the patient’s customary environment and form a strong partnership between the individual‚ public resources and resources in the individual’s environment (The History of Madness in Canada‚ 2009). Deinstitutionalization has some advantage and disadvantages. One of the advantages of deinstitutionalization it that patients are able to develop more meaningful lives by being involved with activities of their choice without the constraints of the hospital. Individuals are able to develop relationships with
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force Automation (SFA) is used to automate functions of sales and sales force management (). SFA is an integrated system of computer software and hardware that performs sales functions. The use of SFA has many advantages for both sales managers and can give the company a competitive advantage over its competitors. However‚ SFA is not advantageous for all companies. The most primary function of SFA is that it ties together sales functions such as expense reports‚ sales call scheduling‚ territory
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Topic: “Advertisements do more harm than good.” Discuss. In general‚ advertisements promote products or services to the public. Advertisers use all sorts of gimmicks to promote their own product. For example‚ fast-food restaurants promise attractive toys and prizes in “scratch and win” competitions. As a result‚ children badger their parents to take them to that particular fast-food restaurant. Many advertisements make misleading claims and promise instant solutions to people’s problems. For example
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a) What systems should Brian implement in order to start changing the human capital practices in the Beachside Hotel? * In order to start changing the Human Capital practices at Beachside Hotel‚ there needs to be a serious shift in the culture there. Since Brian did not have any human resource background‚ he does not get involved in hiring‚ training and ensuring that these functions are used to build a stronger service culture. That is why Mary the human resource practitioner was put into place
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Discuss the advantages and disadvantages of working in a group. A group is more than just a number of people. According to The Oxford Paperback English Dictionary it’s “ a number of people gathered‚ placed‚ or classed together for some purpose”. Group work; therefore consist establishing and maintaining a cohesive group‚ working to achieve common aim. Brown (1994 p.8) definition of group work‚ states that ” it provides a context in which individuals help each other; it is a method of helping groups
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Discuss the advantages and disadvantages of the purposive approach. (10 marks) There are many advantages to the purposive approach. Firstly‚ it gives effect to Parliaments intentions and avoids injustice‚ so the judges can avoid obvious absurdities and injustives so enables them to comply with Parliamentary sovreignity by doing what Parliament would have wanted; even though it’s ignoring the clear meaning of the words Parliament used. For example‚ in Coltman V Bibby Tankers when they had to interpret
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1. Mercantilism is a bankrupt theory that has no place in the modern world. Discuss. A. In its purest sense‚ mercantilism is a bankrupt theory that has no place in the modern world. The principle tenant of mercantilism is that a country should maintain a trade surplus‚ even if that means that imports are limited by government intervention. This policy is bankrupt for at least two reasons. First‚ it is inconsistent with the general notion of globalization‚ which is becoming more and more prevalent
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Discuss the advantages and disadvantages of the doctrine of precedent. The doctrine of precedent means that judges refer back to previous decisions to help them decide similar cases where the law and facts are alike. Top of Form Bottom of Form Discuss the advantages and disadvantages of the doctrine of precedent. Judicial precedent concerns itself with the influence and value of past decisions of case law and prior legal experience. The doctrine of precedent means that judges refer back to previous
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Title : Giving opinion-Discuss the advantages and disadvantages of studying overseas. Though Malaysia now boasts a fair number of universities‚ the limited number of places means that every year‚ many of our successful A-level students go abroad to study. Those who have come back with overseas degrees cite various advantages in going abroad for further studies. For one thing‚ many of them feel that there is a greater choice of courses open to Malaysian undergraduate overseas‚ whereas here
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