Introduction 2. Production 3. Stages of Production 4. Production Function 5. Production Time Periods 6. Marginal productivity Theory i. Diminishing Marginal Productivity ii. Example 1 iii. Example 2 7. References Introduction Diminishing returns‚ also called law of diminishing returns or principle of diminishing marginal productivity‚ economic law stating that if one input in the production of a commodity is increased while all other inputs are held fixed‚ a point
Premium Economics Supply and demand Consumer theory
INTERNAL AUDIT 1 Internal audit ‘Internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity. It reviews‚ monitors and make recommendations for the improvement of systems. Other activities include: Examination of financial information Review of economy‚ efficiency and effectiveness (‘value-for-money’ audits) Review of compliance with external laws and regulations Review of internal policies Review
Premium Auditing Audit Internal audit
advantages and benefits that technologies promised‚ that’s why they learn to adapt this kind of system. The computer age had been implemented‚ especially in the field of business. Many businesses company are using the computerized process as a medium of their transactions. The commonly process that we know in a company is the way they recorded information. A computerized Record Management and SMS System is a part of enhancement in the process of recording information and sending a notifications
Premium Software testing Requirements analysis Records management
Sustainable use of energy- A case study on Energy Audit for Centre for Environmental Studies‚ Anna University (V. Vandhana Devi*) Abstract Climate Change & Global warming‚ ever increasing energy prices‚ acute energy shortage‚ forever widening and supply gap‚ hence energy efficiency and conservation measures have gained importance in the recent years. This paper involved an energy auditing with a view to enhance the existing energy efficiency level in the Centre for Environmental Studies
Premium Energy conservation Efficient energy use Carbon dioxide
Subject – AUDIT Topic – AUDIT OF BANKS. Name – Arwa Khambati Roll no. – 29 College Name – Sydnehem College of Commerce and Economics Seat Number - Certificate of Completion Date: 19/10/2013 This is to certify that Ms. Arwa Khambati (Roll No. 29) a student of Master of Commerce (Part 2)‚ Sydenham College of Commerce and Economics‚ has undergone Project work on titled AUDIT OF BANKS. 19/10/2013 Mumbai
Premium Auditing Audit Bank
marks) THE INTERNAL AUDIT DEPARTMENT Purpose To conduct independent‚ objective assurance and consulting activities created to add value and improve the operation of Newlands Networks Corporation via systematic‚ disciplined approach to assess and improve the capability of risk management‚ control‚ and governance practices. Slide #1 Speaker’s notes The role and significance on internal auditing has grown extremely and the____ expectations continue to enlarge. Internal audit tasks have an extensive
Premium Internal audit Auditing Financial audit
Mills Limited. An effort have been made to evaluate the existing workers motivational policies in Maiduguri Flour Mills with a view to examine the effects of motivation on worker productivity increase and also to identity the variable that are directly or indirectly responsible for workers performance ‚while assess how motivation come into play in Maiduguri Flour Mills Limited. The researchers however‚ observed that most of the motivation Policies in the company were not adequately function and the
Premium Motivation Productivity
the style‚ filters must be independent entities: in particular‚ they should not share state with other filters. Another important invariant is that filters do not know the identity of their upstream and downstream filters. Their specifications might restrict what appears on the input pipes or make guarantees about what appears on the output pipes‚ but they may not identify the components at the ends of those pipes. Furthermore‚ the correctness of the output of a pipe and filter network should
Premium Unified Modeling Language Software architecture
Explain how natural law can be used to decide the right moral action Natural law is a law based upon the observations of natural occurrences. While moral action is the actions you chose to perform because they agree with your sense of right and wrong. In the way Natural law is presented to the majority of people is as a step by step guide to living a “good” life‚ in the eyes of god. The original concept of Natural law was thought of by Aristotle and was then adapted by Thomas Aquinas to fit
Free Aristotle Thomas Aquinas Morality
Assignment: Applications Software Managing Information Systems David Khuong National American University Author Note This paper was prepared for Managing Information Systems‚ Course ID: MT3500/CI3510‚ taught by Dr. Kim Eastern LP2 Assignment: Applications Software The three primary features commonly used applications software that will be summarized in this paper are personal application software‚ workgroup application software‚ and enterprise application software. Personal Application
Premium Spreadsheet Word processor Microsoft