TASK TWO Task Two 1 A1. Concerns in Budget Planning: Budgetary Items. Depreciation: Depreciation is “the method that the accountants use to allocate the cost of equipment and other assets to the total cost of products and services as shown on the income statement” (Berman‚ Knight‚ & Case‚ 2013). Depreciation is said to be based on the same fundamentals as accruals in that a company “wants to match as closely as possible the costs of products and services with what was sold” (Berman et al.‚
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HAT TASK 1 Karie N. Webb Western Governors University Student ID# 273217 1. Description of selected community based on the assessment. Cultural assessment: Edgecombe County is a very rural community lying in the eastern section of North Carolina. The county has a population of 52‚150 with the majority of the population being African American females with the median age group of this population being 38 years old and primary langue being English (Michelle B. Etheridge‚ MAEd‚ 2010). The
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KA YEUNG LAU GROUP 1 Introduction Marks and Spencer（also know as M&S）is the UK’s largest transnational retail group. It is also one of the British representative enterprise‚ it has highest profitability in UK. Marks and Spencer also ranks first in the number of export goods retailers in UK. Their products include: food‚ clothes‚ furniture‚ electrical and appliances. Marks and Spencer opened 600 stores in the British‚ and across the UK each city and area‚ the 40 countries in the world were opened
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LOT2 Task 1 Diagram Below is a diagram which illustrates how the attack overwhelmed the Web Server. Executive Summary The attack performed on the network had the intention of making the online services provided to students unusable during a critical time of need for those systems. The attack was first performed by acquiring the Administrator password for the systems and using each system to perform a large quantity of requests for service to the web servers. By
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follows. 1. “Current Ratio†measures the ability to pay current liabilities with current assets. The current assets divided by current liabilities. In 2011 the current ratio was 1.86. By 2012‚ it decreased to 1.79 rating in the lower second quartile group in the industry. Company G’s ability to repay its debt is consistent with showing a weakness from year to year based on the industry’s quartiles of 3.1 with a strong ability to cover liabilities 2.1median to 1.4 stating an weakness. 2. “Acid
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(LIT1 Task 1) Sole Proprietorship: This is a type of business is where the business and the owner are one in the same. Sole proprietorship has its advantages and disadvantages just like every form of business. Sole proprietorship is one of the easiest types of business to create. You as the owner can name‚ organize and carry the business as far as you dream of it going. Sole proprietorship also can have risks; as the owner you cannot bring others into the business‚ so the responsibility of
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helps to coordinate employees and supervise them. The organization is not big so it would be appropriate to have informal (grapevine) communication as well. This strategy will help me motivate employees both extrinsically and intrinsically to enhance task behaviour. With this strategy it will be autocratic decision making‚ so only top-level management would be able to make decision with minor consultation (Long‚ 2010). However the opinion of employees is important. Providing comfortable environment
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Leadership Qualities Leadership is defined as “a process whereby an individual influences a group of individuals to achieve a common goal” (Northouse‚ 2007). Managers‚ supervisors‚ and team leads are given the authority to accomplish certain tasks and objectives‚ however this power does not make a person a leader. This assigned authority only means that this person is “the boss.” Leadership differs in that it makes the followers want to achieve goals rather than bossing people around (Rowe‚
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The relationship between marginal revenue (revenue generated by increasing product sales by 1) and marginal cost (the cost in producing that 1 extra product) is important to a business in terms of profit maximization. A business reaches maximum profit when there is equilibrium between these two numbers. An imbalance on either side will result in a decrease in profit. Profit maximization in terms of total revenue to total cost shows that the maximum profit is achieved when the distance between the
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310.1.2: Organizational Forms Task A SOLE PROPRIETORSHIP: This is the most common form of business as it is owned by one person‚ so there is no distinction between the business and the owner. Liability – Because there is no distinction between the business and the owner‚ all liability falls on the owner/sole proprietor. If the business fails‚ both personal and business worth and assets are at risk as they are the same. Income Taxes – Filing for income taxes are an advantage as the owner
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