CHAPTER 13 SHORT-RUN DECISION MAKING: RELEVaNT COSTING 1 DISCUSSION QUESTIONS 1. Tactical decisions are short run in nature; they involve choosing among alternatives with an immediate or limited end in view. Strategic decisions involve selecting strategies that yield a long-term competitive advantage. 2. Depreciation is an allocation of a sunk cost. This cost is a past cost and will never differ across alternatives. 3. The salary of the supervisor of an assembly line with excess capacity
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1/ 1.4 Identify the regulations and requirements relevant to the assessment in own area of practice Leave a reply Learning Outcome 1 – Understand the principles and practices of assessment 1.4 Identify the regulations and requirements relevant to the assessment in own area of practice Our policies for management of assessment evidence eg portfolios‚ assessment records‚ observation records‚ physical evidence‚ learner and witness statements; management of assessment records‚ are all in accordance
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conceptual framework gives Australian businesses and consumers a better knowledge and understanding of financial reporting. It provides an insight to basic goals‚ the users of the financial information‚ definition of key essential terms and the primary concepts to Accounting. WestOne Services‚ the Conceptual Framework in Australia‚ Accounting and Finance 3B‚ Concepts and Regulations‚ viewed 33rd of September 2011‚ . Accounting standards are not basic natural law however it is in an economy’s best interest
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His intent was not to be a conventional doctor but pressed by his greed for knowledge. Over the next few years Freud gradually formulated his own ideas for the treatment of mental illness. Freud’s goal was to get his patients to understand their feelings and help them find ways to deal with them. Although he was famous for being the father of psychoanalysis‚ Freud was not partial to that field. He came up with his own theory of mind to explain all mental activity and applied that theory to all
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Unit 302 – Evaluate and Improve Own Performance in a Business Environment 1.5) Learning and developing can improve my work by expanding my knowledge and experience which allows me to develop new ways of working in my role improving efficiency. This then leads to greater output of work which benefits me professionally and the business financially. Expanding on my knowledge and experience will also allow me to take on new roles and responsibilities which could then lead to promotion within my company
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Is Shakespeare Relevant or not Relevant that is the Question? The works of William Shakespeare are world renowned and thought to high school students around the globe. William Shakespeare was a 16 century poet and play write; because of this many people argue that his works are not relevant in today’s modern society. Elements such as‚ young loves at the ages of 13 are used in his plays. These themes were realistic in the context of the time but are much unknown in today’s society. I believe that
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assessment in learning and development Determining level of knowledge & understanding • Ensuring that learning is taking place • Checking progress • Adhering to course criteria 1.2 define the key concepts and principles of assessment 1. Explain the functions of assessment in learning and development. Assessment is carried out to evaluate that learning has taken place. It measures the learner’s attainment of knowledge and skills in their particular learning area. Assessment encourages
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Feature article Knowledge management‚ librarians and information managers: fad or future? Brendan Loughridge Introduction This article considers some of the principles and practices commonly associated with ``knowledge management ’ ’ (KM) in so far as they seem to be of potential importance or relevance to library and information professionals. Competing claims and counterclaims about KM as expressed in a selection of recent professional and academic publications are reviewed‚ though a truly
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Task 1 My online store will be based on a small solar lamp company called “ARONA” that started four years ago in Jakarta‚ Indonesia. Their vision is to see the people of the rural parts of Indonesia to think green and use solar lamps instead of kerosene lamps that causes hundreds of accidents every month. The mission is to replace at least half (roughly 16 million units) of these kerosene lamps in Indonesia with environment-friendly solar lamps. The solar lamps range from reading lights to
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Understanding Moral Understanding Throughout time there has always been this nagging question of what is right and what is wrong. As of yet‚ there is no universal agreement on the correct answer to that question‚ which leads to wondering: how do we even begin to make the decision of morals and where do they come from? Are morals imbedded in us from birth or are they programmed into us through life‚ nature verses nurture? According to psychology moral understanding is a process. No one starts
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