assumption. 2. Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods and services have been received. Which accounting concept governs the above? a. The prudence concept b. The materiality concept c. The accruals concept * d. The dual accept concept 3. Which accounting concept requires that foreseen losses should be anticipated and taken into account immediately? a. The consistency concept b. The accruals concept c. The prudence
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function or item of equipment in respect of which cost are ascertained. 2. Define cost accumulation and cost assignment Cost accumulation refers to the process of collecting cost data through an accounting system. Usually costs are collected under general ledger accounting headings‚ which follow natural classifications‚ such as materials‚ labour‚ power‚ electricity‚ fuel etc. Cost assignment is a general term used to cover 1. Tracing of costs to cost objects‚ 2. Apportionment of
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Chapter 3—Emphasizing Informal Institutions: Cultures‚ Ethics‚ and Norms TRUE/FALSE 1. In situations where formal institutions are unclear or fail‚ informal institutions play a more important role in reducing uncertainty. ANS: T OBJ: 3.1 2. ANS: F OBJ: 3.1 PTS: 1 DIF: Easy REF: p. 62 NAT: AACSB: Tier 1 Communication; Tier 2 Environmental Influence Informal institutions are based on the rules and legal systems of an economy. PTS: 1 DIF: Easy REF: p. 63 NAT: AACSB: Tier 1 Communication; Tier 2 Legal
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roles in this subject‚ thanks to the management of the university the students here are allowed to take this course to learn about health and safety which will surely be useful in the present and the future. ABSTRACT Major accidents in oil and gas‚ petrochemicals and pharmaceutical plants have occurred countless time during the period where fossil fuel replacing
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PDVSA State Oil & Gas Company United Kingdom. Registered Sub Office: Avenue Liberation‚ Torre Estate Road Aberdeen‚postcode‚ PBD07P‚ Scotland‚United Kingdom Tel: +448719156661. Fax: +448719156667. Website: www.pdvsa.com E-mail: stateoil.gc@live.co.uk NEW JOB EMPLOYMENT OFFER‚ The State Oil and Gas Company of Scotland is interested to employ individuals who excel in their area of expertise in all areas of engineering‚ all other oil and gas related sector‚ Trading‚ Documentation/ Shipment
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WHAT LIES IN THE YEAR AHEAD? Jan 2015 Oil & Gas IQ | 2015 Predictions From continuing civil strife in the Cradle of Civilisation and the emergence of a terrorist-led pretender state in the Fertile Crescent‚ to a conflict in Central Europe that shows no sign of abating: nobody could say that the fourteenth year of the 21st century passed into history without event. Oil prices have been slashed by more than half over a six month period‚ and we see warnings of dire economic hardship in the months
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Geopolitics of Oil and Gas Pipelines Synopsis submitted to College of Management and Economic Studies for the partial fulfillment of the degree of INTT. B.TECH (APPLIED PETROLEUM ENGINEERING) + MBA (OIL & GAS MANAGEMENT) Guided by: Ms. Surbhi Arora Assistant Professor College of Management and Economic Studies University of Petroleum and Energy Studies Dehradun- 248006 Submitted by: Ankit Mittal Enrollment No: R240208008 SAP ID: 500003372 College of Management and Economic
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Reagan Moore Martinez Macro Economics June 30‚ 2013 Oil and Gasoline Prices in the US Oil and gasoline prices follow a trend that sparks mixed reactions from different industry stakeholders in the America’s economy. The trends on oil and gasoline and their stability have immense impact on the performance of the economy based on their primary as energy. The government’s ability to ensure stability in price movement is seen as a key step towards fostering steady economic growth. A variety
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Module Name: Oil & Gas Management Module Code: POG210 Module Leader: James Milne Student Full Name: Desmond Guy Harvest Student ID: 31661 Resit Assignment Essay Abstract: The intention of this Essay is to examine about sufficient understanding BP‚ which is one of the biggest well known since 1908. However the saddest oil spill disaster has taken way the life of 11 BP Employees‚ but it also made an impact in the environment such as ecosystem‚ the ocean’s suffer from oil covering bodies‚ and
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Lot No: from party Sample Quantity (In Gram):100 g |S. |Test |Findings %age |Limit as per our standard |Permissible Limit as per | |no | | | |PFA | |1. |Moisture Test |7% |Max10% |Max12%
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