conservation Prudence concept: revenue and profits are included in the balance sheet only when they are realized(or there is reasonable ’certainty ’ of realizing them) butliabilities are included when there is a reasonable ’possibility ’ of incurring them. Also called conservation concept. Du Pont analysis A type of analysis that examines a company ’s Return on Equity (ROE) by breaking it into three main components:profit margin‚ asset turnover and leverage factor. By breaking the ROE into
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Discuss the concept of ‘world order’ Term originated in 1990’s after cold war‚ which refers to states working collectively on world problems which are beyond individual nations to solve. World order issues are that relating to promoting peace and resolving conflicts between states. Describe the need for world order‚ its benefits and the threats to it A result of globalisation is the high level on interdependence between nation states‚ which need to cooperate to ensure economic‚ political and
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ECO/372 Macroeconomic Terms and Concepts Macroeconomics study’s the overall level of production in the economy. “Economists assess the success of an economy’s overall performance by studying how it could achieve high rates of output and consumption growth” (Macroeconomics‚ 2008‚ para. 5). In the following paragraphs‚ various aspects of macroeconomics will be analyzed. First‚ the United States (U.S.) functions as a market economy and is affected by fluctuations in production output levels
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The Concept of Freedom The United States Constitution declares that freedom is a right of every American citizen - whether it is to speak freely‚ to assemble‚ to petition the government‚ to practice any religion or none at all‚ or to bear arms - all without a fear of prosecution. Despite the fact that the Constitution explains what kinds of freedom Americans have‚ freedom is a vague concept that everyone interprets according to her or his perspective. For instance‚ some people believe that freedom
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when they walk together hand-in-hand. These scenarios are examples of microaggressions - the verbal‚ behavioural or environmental indignities that people of colour‚ women and LGBTs must navigate on a daily basis. This paper will explore the concept of microaggressions and discuss the consequences of this phenomenon for both victims and perpetrators. Through the close examination of a daytime television drama‚ the subtle and insidious nature of microaggressions will be revealed. As the scenarios
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Theories & Concepts of Motivation Motivation is defined as communicating to an internal force that actuates a behavioral pattern‚ thought process‚ action or reaction. Negative forces can act as actuators. Many theories of motivation focus on inborn biological processes that control behavior. Among these biologically oriented theories are instinct‚ drive‚ and arousal theories. You were born with instincts that are there to help you survive. Instincts are behavioral patterns that are unlearned
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Networking Concepts and Applications Week 1 Homework : Questions Question 7: How do local area networks (LANs) differ from metropolitan area networks (MANs)‚ wide area networks (WANs)‚ and backbone networks (BNs)? One of the key differences between different network types is their geographical scope. A local area network‚ or LAN‚ is made up of a smaller group of computers linked together and located in the same small area such as a room‚ a floor or a building. A backbone network‚ or BN
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WHY IS THE CONCEPT OF PRESENT VALUE SO IMPORTANT FOR CORPORATE FINANCE? The importance of concept of present value to the world of corporate finance is that present value calculations are widely used in business and economics to provide a means to compare cash flows at different times. Present Value’s definition and simplistic formula used for normal purchases‚ the concept’s importance to corporate finance and why present value is the very first topic taught in finance classes explain that present
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4 Important Design Concepts If you pay attention to these four concepts as you put the visuals together‚ the end products will be effective. 1) Make it BIG! Naturally‚ you’d like everyone in the audience to be able to actually see the visual you plan to use. This is complicated by not always knowing the size of the audience you’ll speak to‚ or the size of the room you’ll use. As a rule of thumb‚ if it looks right on the computer screen‚ it’s probably too small. If it looks big‚ it’s still too
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[Type the company name] | Machiavelli Ch 6 | TDMT 2310 | | [Type the author name] | 11/21/2012 | | Basic Concept The level of difficulty a new leader will experience throughout the progression of business growth will depend on the leader’s ability. Any person can become a successful leader either through luck or through hard work. Luck may come in the form of inheritance or support from a family member or a close contact. Ability will be earned through hard work and dedication
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