of the lower-of-cost-or-net realizable value (LCNRV) rule is based on both the expense recognition principle and the concept of conservatism. The expense recognition principle applies because the application of the LCNRV rule allows for the recognition of a decline in the utility (value) of inventory as a loss in the period in which the decline takes place. The departure from the cost principle for inventory valuation is permitted on the basis of
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Mehrabian’s communication research Professor Albert Mehrabian’s communications model Professor Albert Mehrabian has pioneered the understanding of communications since the 1960s. He received his PhD from Clark University and in l964 commenced an extended career of teaching and research at the University of California‚ Los Angeles. He currently devotes his time to research‚ writing‚ and consulting as Professor Emeritus of Psychology‚ UCLA. Mehrabian’s work featured strongly (mid-late 1900s) in establishing
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Effective communication is important in business dealing with employees and outsiders‚ such as vendors and clients. Because accounting is an intrinsic part of any business‚ good communication skills are vital in this area. Important financial tasks such as budget preparation and reporting‚ bill paying‚ payroll and recording income need to be presented properly to management and others to be useful and meaningful. Ads by Google Business Tax Advice Accounting & bookkeeping services Business reporting
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Eight Week Plan for Better Health through Exercise‚ Proper Nutrition and Stress Management. Ever since my years in high school‚ I have been very interested in managing my health. It all started with trying to stay in shape for the various sports that I played‚ which were basketball‚ soccer and football. As the years went on I was very interested in muscle building and just being in shape and staying fit. I subscribed to muscle magazines and bought other health magazines from the grocery store
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Unit CU1515 Introduction to Communication in Health and Social Care or Children’s and Young People’s Setting- Question and Answer Session Name of Candidate: ASHANI DISSANAYAKALAGE..................................................... |Learning outcomes |Assessment criteria 1.1 | | |Question: Describe 8 reasons why residents communicate to you
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1)The Principle of Utility is the belief that when a person has a number of options in a moral situation he should chose the one that results in the greatest amount of happiness for the greatest number of people. However‚ the definition of happiness is up to interpretation. I feel as though people should follow this principle in certain situations. For example‚ if you are faced with the choice of playing videogames by yourself at home or going out to dinner with your family you should chose the
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I feel a team would help Dalman accomplish his goals in having more time with the business. Dalman spends all his time with Lei to try and keep the business up and running along with the franchise that he does not have time to do everything. This is why a self-managed team will help them both run the business. By using a team Dalman can allow his team to work on many projects to digitally enhance and help make his company perform better. The team can also oversee‚ while helping building different
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Sensory Motor Stage Piaget’s first stage of development is the sensory motor stage. This stage occurs between the birth of the child and the age of two. During this stage‚ understanding comes from touching‚ sucking‚ chewing‚ and manipulating objects. About nine months after birth‚ the child develops what is called ‘object permanence’. Object permanence is the awareness that objects and people continue to exist even if they are out of sight. The infants have the ability to build up mental pictures
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Marketing PRINCIPLES Contents Introduction 2 Task 1: The concept and process of marketing: 2 1(a) what is marketing and the process of marketing with diagram: What is marketing??? 2 1(b) Marketing orientations: 3 Task 2: The concepts of segmentation‚ targeting and positioning 5 2(a) New product opportunities does the changing family structure provide for consumer: 5 2(b) identifies the market segments: 5 2(c) Identify and explain market targeting strategy for new product: 5 2(d) Consumer
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Erik Erikson believed that there are eight stages to life. Surprisingly five of the eight occur from birth to age eighteen. The eight stages in order are trust vs. mistrust‚ autonomy vs. shame‚ initiative vs. guilt‚ industry vs. inferiority‚ ego identity vs. role confusion‚ intimacy vs. isolation‚ generativity vs. stagnation‚ and ego integrity vs. despair. Trust vs. Mistrust occurs in children from birth to a year and a half. If the child receives constant care and intimacy it will develop trust
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