for the first four years‚ the hospital finally seemed to have picked up by making a profit of Rs. 100‚478‚000 in the year 1994. But on closer examination of the financial statements‚ we can see that the apparent profit is actually due to interest waiver given by the financial institutions‚ as well as a result of profit from sale of assets. Thus to find actual profit as a result of hospital medical operations‚ we subtract these two components from the net profit and find that there is actually a net
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What do you think of when you hear “Enterprise Rent-A-Car”? Do you think of “We’ll pick you up”—the catchphrase that reflects the company’s willingness to come to your door when your car’s in the shop or you’re ready to take a trip? You probably don’t think “largest rental car company in the United States” or “hires more college grads than any other company.” Both of those descriptions are true‚ however. The company started in St. Louis when Jack Taylor opened a tiny auto-leasing business and named
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This can explain how Disney has the ability to pay back its short term liabilities with the short term assets. In 2009 the company is above average which allows Disney to pay off any obligations if it came due at one
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| ASC 172 PRINCIPLE OF RISK MANAGEMENT AND INSURANCE NURUL SYAFIQAH SHAHRIM 2012216192 CHAPTER 1 : RISK AND ITS TREATMENT DIFFERENT DEFINITIONS 1) RISK - uncertain in future - eg : risk of being killed in an auto accident‚ risk of lung cancer for smokers 2) LOSS EXPOSURE - situation in which loss is possible to occur - eg : building may be damaged by earthquake 3) OBJECTIVE RISK - relative variation of actual loss from expected loss
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Negligence is a common civil law case that occurs in many workplaces. “Negligence is a failure to take reasonable care to avoid causing injury or loss to another person.” (Legal services commission of SA‚ 2013) These laws creating equality for people done wrong off. Samuel Johnson quoted‚ “He who thinks he can afford to be negligent is not far from being poor” This quote points out that you might as well be poor if you think you cannot look after people and get away with it. This is a growing concern
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MAS General Conditions of Carriage THIS GENERAL CONDITIONS OF CARRIAGE FOR PASSENGER AND BAGGAGE OF MALAYSIAN AIRLINE SYSTEM BERHAD TAKES EFFECT ON 1 SEPTEMBER 2012. ARTICLE 1 : DEFINITIONS "CONJUNCTION TICKET" A ticket issued to you in conjunction with another ticket‚ which together make up a single contract of carriage. "CONVENTION" Whichever of the following instruments are applicable: The Convention for the Unification of Certain Rules relating to International Carriage by Air signed at
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Negotiable Instruments Law Negotiable Instruments‚ In General Function and importance of negotiable instruments • Although they do not constitute legal tender‚ they are used as a substitute for money. • Negotiable papers‚ particularly checks‚ constitute‚ at present‚ the media of exchange for most commercial transactions. • Negotiable instruments also serve as a medium of credit transactions. • Negotiable instruments shall produce the effect of payment only when they
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for the Medicaid programs. The costs mostly includes administrative costs such as eligibility determinations‚ outreach‚ prior authorizations‚ information system development and operation‚ periodic screenings and diagnostic testing‚ third party liability activities and utilization review. Medicaid covers a variety of benefits including: doctor’s visits‚ emergency care‚ hospital care‚ vaccinations‚ prescription drugs‚ vision‚ hearing‚ long-term care‚ preventative care for children‚ and some dental
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to protect the penetration testers. Since the testing involves acts that would normally be illegal and could compromise confidential information‚ these documents can outline how the information will be handled‚ returned and/or destroyed. A liability waiver should also be included to protect the testers from and ramifications of any system damage during the test. After the initial planning‚ the next step is information
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endorsement‚ the endorser refuses to accept any liability on the instrument to any subsequent party in case of dishonor of the instrument. (5) Conditional endorsement. It contains an order to pay only when a condition expressly laid down by the endorser is met with. (6) Partial endorsement. If contains an order to pay only a part of the amount mentioned in the instrument. This type of endorsement is not valid in law. (7) Facultative endorsement. If refers to waiver of some right at the time of endorsing
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