The concept of efficient market hypothesis (EMH)‚ which suggests that "an efficient market impounds new information into prices quickly and without bias‚" (Bowman‚ 1994‚ p2) is of prime importance to the accounting field for determining the managers’ performance and the effectiveness of having a fully disclosed financial statements. With EMH‚ stakeholders can determine the effectiveness of the appointed management by observing the stock price. "In major stock markets...a rational consensus will
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Water resources are sources of water that are useful or potentially useful. Uses of water include agricultural‚ industrial‚ household‚ recreational and environmental activities. Virtually all of these human uses require fresh water. 97% of the water on the Earth is salt water. However‚ only three percent is fresh water; slightly over two thirds of this is frozen in glaciers and polar ice caps.[1] The remaining unfrozen freshwater is found mainly as groundwater‚ with only a small fraction present
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Department of Business & Computing |Programme Title |BTEC HND/HNC in Computing & Systems Development | |Unit Title |Computer Systems |Unit Number |2 / PART 1 | |Candidate’s Name: |
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Explain how economic systems attempt to allocate and make effective use of resources. Because we live in a world where resources are scarce economic systems make use of market structures such as the perfectly competitive market model as a benchmarking tool in order to better understand consumer behaviour and recognise areas of their market structures that require improvement and how they could possibly achieve this in the most efficient and effective way. The theory of perfect competition is
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shortens to lower the height of the tackle. By the tackler lowering his body height‚ leg extends upwards he/she is able to gain an advantage by aiming for the ball carriers legs. Once the tackler has made contact whilst in a squatted position‚ they then use extension to finish the tackle. With the legs lengthening their angle‚ force is Extension of the legs generate force in the tackle that is transfereed to the ball carrier produced in order to drive the ball
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‘Explain how to implement inclusive practice’ There are many ways as to how inclusive practice can be implemented into the environment in which the child is in. My first example is that the adult should be able to adopt a non-judgemental attitude and they could do this by not judging a family or the child based on their race and/or religion. This is important‚ as it allows the child to know they’re part of the community and that they’re part of the community and that they’re like every other child
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destroyed? How much Direct Materials inventory was destroyed? 2. All of the following are true EXCEPT that indirect costs A. may be included in prime costs. B. are not easily traced to products or services. C. vary with the selection of the cost object. D. may be included in manufacturing overhead. 3. At a breakeven point of 200 units‚ variable costs total $400 and fixed costs total $600. The 201st unit sold will contribute how much to profits? (6 pts)
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......................4 (CAPITILISM ECONOMIC SYSTEM) CHAPTER 3 ...........................................................................11 (SOCIALISM ECONOMIC SYSTEM) CHAPTER 4 ..........................................................................14 (MIXED ECONOMIC SYSTEM) CHAPTER 5 ………..……………………………………………………………….16 (ISLAMIC ECONOMIC SYSTEM) CHAPTER 6 ………..……………………………………………………………….24 (COMPARISON BETWEEN THE ISLAMIC ECONOMIC AND OTHER ECONOMIC SYSTEM) 1. DIIFFERENCE BETWEEN ISLAM AND
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Use case name: Request for Plotter sheet ID: 1 Importance level: High Primary actor: Student Short description: Events to happen when requesting for a plotter sheet. Trigger: Filled in Plotter Sheet Type: External Major Inputs Major Outputs Description Source Description Destination Subject Student EDP Code Student Filled in Plotter sheet Student Time Student Days Student Room No. Student Major Steps Performed Information for Steps
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Perfect competition A perfectly competitive market is a hypothetical market where competition is at its greatest possible level. Neo-classical economists argued that perfect competition would produce the best possible outcomes for consumers‚ and society. Ex:- Wheat‚ rice Key characteristics Perfectly competitive markets exhibit the following characteristics: 1. There is perfect knowledge‚ with no information failure or time lags. Knowledge is freely available to all participants‚ which means
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