COST ACCOUNTING: A BRANCH OF ACCONTING THE PRINCIPAL PURPOSE OF WHCH IS TO DTERMINE THE COST OF A SINGLE UNIT OR SERVICES (FOR STOCK VALUATION‚COST PLANNING AND CONTROL AND PROFIT REPORTING PURPOSE) . OR A BRANCH OF ACCOUNTING THAT DEALS WITH THE ACCUMULATION AND ANALYSIS OF COST INFORMATION FOR INTERNAL USE TO AID MAMNAGEMENT IN PLANNING‚ CONTROL AND DECISION MAKING
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The Cost of Turnover Putting a Price on the Learning Curve by Timothy R. Hinkin and J.BruceTracey Employee turnover does more than reduce service quality and damage employee moraleit hits a hotels pocketbook. E mployee turnover has long been a concern of the hospitality industry‚ and therefore of researchers who examine industry human-resources concerns. One stream of research that arose in the past 20 years was an effort to quantify the cost of employee turnover. Although most managers
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Identify value chain activities Main activities: a. Investment activities‚ such as receiving‚ storage and configuration and other related activities; b. Production operation‚ forthcoming input into the end product of related activities; c. Productive activities‚ such as finished goods transportation‚ storage‚ customer contact‚ order processing‚ etc. d. Sales activities to let customers understand and buying of goods‚ such as advertising‚ promotion‚ marketing agency costs‚ etc; e. Service activities
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Cost/Benefit Analysis Evaluating Quantitatively Whether to Follow a Course of Action You may have been intensely creative in generating solutions to a problem‚ and rigorous in your selection of the best one available. However‚ this solution may still not be worth implementing‚ as you may invest a lot of time and money in solving a problem that is not worthy of this effort. Cost Benefit Analysis or CBA is a relatively* simple and widely used technique for deciding whether to make a change. As its
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Cost Theory in Economics A central economic concept is that getting something requires giving up something else. For example‚ earning more money may require working more hours‚ which costs more leisure time. Economists use cost theory to provide a framework for understanding how individuals and firms allocate resources in such a way that keeps costs low and benefits high. 1. Function * Economists view costs as what an individual or firm must give up to get something else. Opening a
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THE HISTORICAL TRANSFORMATION OF WORK 1 Chapter contents Work in pre-industrial societies Work in industrial capitalist societies Main features of work in industrial capitalist societies Capitalist industrialization and the primacy of work Crises and industrial capitalism Technological and organizational change The rise of trade unions Women and work in the development of industrial capitalism The dominant conception of work in industrial capitalism Summary and conclusions Further reading Questions
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The Quest for Historical Jesus With respects to the challenges that are faced to Christian theology through historical critical reading of the Bible‚ it never answered one question who was Jesus and when did he exactly live. The research that I have obtained on the quest for historical Jesus comes from Hans Schwarz Theology in a Global Context: the Last 200 Years and also from Albert Schweitzer’s The Quest for Historical Jesus. These two novels helped my research tremendously and gave me a starting
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Lesson-13 Elements of Cost and Cost Sheet Learning Objectives • • • To understand the elements of cost To classify overheads on different bases To prepare a cost sheet Elements of Cost Raw materials are converted into finished products by a manufacturing concern with the help of labor‚ plants etc. The elements that constitute the cost of manufacturing are known as elements of cost. The elements of cost include the following: • • • Material Labor Expenses Each of these elements is again subdivided
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James McTeigue’s V for Vendetta proposes the idea that violence can be both oppressor and liberator. England’s fascist regime‚ Norsefire‚ terrorises its citizens into conformity‚ whereas protagonist V uses the same principles of terror to establish freedom. The films metaphoric reference to historical people and events provides us with a key comparison tool. Through the use of camera work‚ dialogue and symbolism viewers are able to better understand this bizarre ideology. Camera work allows us
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Have you ever wanted to change something for a someone’s better future? In this story”That’s not fair” by Shyall Tenayuca and Carmen Tafolla is talking about a girl named Emma Tenayuca childhood experiences motivated her to become an advocate for Mexican-American workers in her community. Emma was a smart girl that loved to read and lived in a poor village where there was a lot of people that had no money to feed their family and themselves. Seeing this motivated her to become an advocate for Mexican-American
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