Principle of Accounts Notes Topic: Introduction to Principles of Accounts What is accounting? Accounting is the process of identifying‚ recording‚ summarizing and communicating financial information to interested parties so that inform judgments and decisions can be made. The Purpose of Accounting: 1) It provides reports on the financial position of an organization and the profitability of its operations. 2) It helps management to make effective and efficient decisions in
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Firstly‚ one of the fundamental principles of arbitration is that arbitration proceedings are private. Parties are agreed to submit the disputes arising between themselves and only between themselves as agreed in their arbitration agreement. The confidentiality in the arbitration procedures may be seen when the public are excluded and have no right to attend hearing‚ only the parties to the arbitration agreement and their representatives can attend any arbitration meeting or hearing. In other word
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ETHICAL PRINCIPLES/THEORIES Situation Ethics o Situation ethics views Pornography as moral if and only if it is used in moderation and with the right mind set of the individual to use it to benefit oneself or others in a good way. A married couple who are unable to show their love to each other can use a type of pornography called “cybersex” to help them cope up with the loneliness of being away from their loved one. o But if an individual indulges his/herself into pornography to harm
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2007 Taxation Law SUMMER REVIEWER PART I – GENERAL PRINCIPLES TAXATION – power inherent in every sovereign State to impose a charge or burden upon persons‚ properties‚ or rights to raise revenues for the use and support of the government to enable it to discharge its appropriate functions SCOPE OF TAXATION TAXATION IS: Unlimited‚ Far-reaching‚ Plenary Comprehensive Supreme STAGES OF TAXATION: (LAP) 1. Levy 2. Assessment 3. Payment Basic Principles of a Sound Tax System 1. Fiscal Adequacy 2. Theoretical
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Some sets of ethical principles have been proposed for water ethics (Groenfeldt 2013). The UNESCO (2011‚ pp. 18ff) unfolds the normative dimension of water ethics along with a number of principles stemming partially from the law and partially from ethics: Principle of human dignity and the right to water Principle of equity in availability and applicability of water Principle of eco-centric ethics Principle of vicinity Principle of frugality Principle of transaction Principle of multiple and beneficial
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lfhawlsa’’hhhhhhhhhhldECO 2023 H. Principles of Macroeconomics Due: Wednesday‚ October 30‚ 2013 NOTE: All answers must be typed! Han;] dwritten problem sets will get zero credit. 1. For the following three cases‚ use a midpoint formula to calculate the coefficient for the cross-price elasticity of demand and identify the relationship between the two goods (complement‚ substitute‚ or independent). a. The quantity demanded for good A p;increases from 300 to 400 as the price of good B
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Unit 3 - Introduction to Marketing P1 – Describe the concept and principles of marketing. In this task I have been asked to write about what is marketing principles and concepts‚ and also go though what are the 6 elements of Marketing Mix. The list of marketing principle and concept that I will be talk about are; * Overall concept * Marketing definitions * Marketing principles * Marketing activities * Marketing objectives (SMART) * Marketing functions * Links between organisational
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To what extent should we blame liberal principles for the inequalities that exist in society‚ and should these liberal values be challenged whenever possible? The source expresses the idea that liberalism has created a discrepancy between the rich and the poor‚ inequality among individuals‚ and a lack of services for the people due to little government involvement. The source believes that if the principles of liberalism were to be questioned whenever possible‚ it would lead to a more equal society
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Exploring Design Principles The iPod shuffle mp3 player is a product that I continue to increasingly enjoy since my acquisition. Apple and namely Steve Jobs are notorious for design thinking and adherence to principles that govern good design with many rumored stories in circulation about product development and Jobs’ reaction to new Apple products. With combination of a great design‚ sound technology‚ and the addition of philanthropic support of a cause this product has quickly become a treasure
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Graduate School of Health Science‚ Management and Pedagogy Southwestern University MAN 503- Nursing Legal Issues‚ Ethical Concerns And Trends in Practice Principles in Nursing Ethics Ethics - moral duty - Refers to a standard to examine and understand moral life. - Ethical theories‚ principles and codes of conduct serve as guides of human conduct provided by ethical systems. - Making choices that are best for the individual or society at certain times and in particular
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