The accruals and going concern concepts are regarded as fundamental in the preparation of financial statements. Discuss the advantages and disadvantages of these concepts‚ explaining the reasons why these concepts may be difficult to apply or may be inconsistent with other concepts. Accounting statement and records are a periodic summary of account activity within a period and the documentations involved in the preparation of it (Thomas and Ward‚ 2012: 4). They are done based on a set of rules developed
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my family to ruin? You watch him day after day. His eyes are cold‚ steely blue and lifeless. How could a human being do something like this to another human being? You keep thinking about life in prison vs. the death penalty. You keep thinking about your sister and how she didn’t get to choose. She didn’t get a chance to do anything she planned for her future. You think about how you may feel as you watch him being executed. You wonder about the families of the other victims. You wonder if he had an
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Essay explaining the quantities of goods and services that we can produce with limited available resources The fundamental problem of economics is scarcity meaning economic resources are insufficient to meet the daily needs and wants of the individuals. Economic resources refer to the factors of production‚ which includes the following Natural Resources‚ Labour‚ capital and Entrepreneurship. The scarcity of resources is fundamental to economics. There are not enough resources to meet the needs
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Section (a) I will be analysing an electric toothbrush. The design aspects I will be focusing on are; Function Performance Market Aesthetics Ergonomics Economics Function Primary functions of a toothbrush are- to wash teeth clean better/easier than an ordinary toothbrush. Secondary functions are- Timer so it’s easy to estimate the right time of washing teeth. Battery indication so you know when to charge it before it dies‚ Changeable ends so more people can use the same toothbrush
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Economics and Managerial Economics Economics may be defined as a branch of knowledge dealing with allocation of scarce resources among competing ends. Managerial Economics may be defined as application of eco for problem solving at corporate level. Factors affecting Managerial decision Often only pure logic does not contribute to decision making Human Factor Human behavioral considerations often influences a manager into compromising or moderation a decision which would otherwise have made
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Copyright Concerns Kaden Galloway Texas A&M University-Central Texas Copyright Concerns Summary of Facts Ralph‚ a software engineer for SDX Alliance had the task of writing a computer code. In the past he had already worked on something similar as an intern at another company. Without informing anyone Ralph decided to use that same code with his current company. At first his manager was enthusiastic about the new code until it was brought to light that it was copyrighted
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Laurenz Carlo G. Salindong Mr. E.P. Salazar Composition IV 17 August 2012 Bring It Back to the Gold Standard The 2007 global financial crisis considered by many economists to be the worst since the Great Depression in the 1930s caused the downfall of large financial institutions such as drop of interconnected stock markets and the bailing out of major banks. This was triggered by the complex interplay of over-valuated mortgages‚ accumulated malpractice of trading between buyers and sellers
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increase in almost all aspects of services operation have compelled the management of every service industry to place emphasis on the efficient and effective method of presenting its service. The need for marketing in service industry cannot be overemphasized‚ the degree of marketing activities in a company depends on the size of the market. Traditionally‚ executives in service industries have not been market driven. They have lagged behind sellers of products in accepting the marketing concept
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organisation identifies the key characteristics of products and services and their effect on the market. At braaap their main product is superlight motorcycle’s design and test in Australia. Also they organized superlight riding and racing‚ and how braaap run a business online and how it is success. Products and services All braaarp motorcycles are design and tested in Australia‚ because it is an online shop they got a well organize and a good services. Customer can choose their own plastics colour
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1. Both the capital asset pricing model and the arbitrage pricing theory rely on the proposition that a no-risk‚ no-wealth investment should earn‚ on average‚ no return. Explain why this should be the case‚ being sure to describe briefly the similarities and differences between CAPM and APT. Also‚ using either of these theories‚ explain how superior investment performance can be establish. Answer: Both the Capital Asset Pricing Model and the Arbitrage Pricing Model rest on the assumption that
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