Session 2 : Principles of Accounting and Financial Reporting - Chapter Two Quiz 1. Which of the following is a difference between financial reporting for internal service and enterprise funds? (Points : 10) Internal service funds are reported in the governmental fund financial statements. Internal service funds are reported in the proprietary fund financial statements. Internal service funds are generally
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Economic Profit and Accounting Profit When it comes to business decisions‚ there are many ways to analysis the financial status of a firm. What guidelines determine profit margin? Who uses these guidelines? How is profit used to analysis a firm and its business decisions? This paper will discuss two terms that are used to define profit: accounting profit and economic profit. The first term is called accounting profit which uses the equa-tion. The second term for profit is economic profit. Economic
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Trading Procedures in Financial Markets: A huge volume of trading occurs in the secondary markets. Although there are many secondary markets for a wide variety of securities‚ we can classify their trading procedures along two dimensions: location and method of matching orders. • Physical Location versus Electronic Network A secondary market can be either a physical location exchange or a computer/ telephone network. For example‚ the New York Stock Exchange‚ the American Stock Exchange (AMEX)
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market information. Small scale farmers came to the market with little information. Ethiopian commodity exchange‚ the newly established organization‚ is providing a market place where buyer and sellers can come together to trade and be assured of quality‚ delivery and payment. Currently‚ ECX has 496 members - 346 are suppliers and 150 sellers from the coffee industry. ECX started operation of trading coffee in November 2008. The main objective of this research is to create awareness about this infant
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9/27/2010 Bombay Stock Exchange - Wikipedia‚ th… Coordinates: 18.929681°N 72.833589°E Bombay Stock Exchange From Wikipedia‚ the free encyclopedia The Bombay Stock Exchange (BSE) (Hindi or Marathi: बबई शे अर बाजार Bombay Śhare Bāzaār) (formerly‚ The Stock Exchange‚ Bombay) is the oldest stock exchange in Asia and largest number of listed companies in the world‚ with 4990 listed as of August 2010.[2][3] It is located at Dalal Street‚ Mumbai‚ India. On Aug‚ 2010‚ the equity market capitalization
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Columbian Exchange Essay The discovery of the New World in 1492 opened a new era that would later be called the Columbian Exchange. This exchange of plants‚ animals‚ diseases‚ and people between the Old and New Worlds brought substantial change to both regions that led to changes in their everyday lives. Europeans‚ Africans‚ and New World inhabitants alike felt the beneficial yet harmful effects of this intercontinental exchange such as Europe gaining healthier foods‚ Africa with its rise in slavery
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European maritime expansion?Did the Columbian Exchange change the world for the better or for the worse? The Columbian Exchange refers to the period of cultural and biological give-and-take between the New and Old Worlds. Interchange of plants‚ animals‚ and technology renovated European and Native American ways of life. After Columbus discovered the New World in 1492 the exchange continued throughout the years of growth and discovery. The Columbian Exchange changed the social and cultural sides of
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NOT-FOR-PROFIT ORGANISATIONS 13 2 Not-for-profit organisations Key points Many not-for-profit organisations (NFPs) feel they are poorly understood by government and the general public. Pressures to be more efficient have seen overhead spending reduced at considerable detriment to effectiveness and improved resource allocation over time (allocative efficiency). The sector is diverse‚ but NFPs display some common behavioural patterns: – Whereas the behaviour of for-profit business is driven mostly
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This private foreign exchange transaction agreement and the attached annexes are entered on this Agreement between: US DOLLAR PROVIDER Name Represented by Passport number Postal address Phone number Fax number Email Hereinafter referred to as USD Provider and EURO PROVIDER Name Represented by Passport number Postal address Phone number Fax number Email Hereinafter referred to as eur Provider and the both party of the
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The purpose of this paper is to help individuals to understand what all was exchanged in the Columbian Exchange according to Alfred Crosby‚ Jr. We will discuss several aspects of his views in this short paper. The Columbian Exchange was an exchange of plants‚ food‚ diseases‚ peoples‚ cultures‚ and animals. The most interactions were between the Indians and the Europeans. They exchanged technologies and goods. The Europeans also pressed their religions onto the natives. Most of the Europeans saw
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