historical cost of $80‚000 even though its current cost‚ replacement cost‚ and inflation-adjusted cost is much higher today. The cost principle or historical cost principle states that an asset should be reported at its cost (cash or cash equivalent amount) at the time of the exchange transaction and should include all costs necessary to get the asset in place and ready for use. Other Meanings of historical cost. Historical Cost Concept Accounting is concerned with past events and it requires consistency and
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INTRODUCTION 3 2. Importance of Space tourism 3 3. DEVELOPMENT OF SPACE TOURISM 4 4. Market for Space tourism 6 5. CHALLENGES OF SPACE TOURISM 7 6. CONCLUSION 7 7. BIBLIOGRAPHY 8 8. APPENDIX 9 1. INTRODUCTION The history of space tourism is closely linked to that of aviation; which started at the end of 1903 when the Wright Brothers flew in their Kitty Hawk machine hence starting efforts of mankind to leave earth and venture farther to reach space (Webber‚ 2013). In the beginning
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A MORAL OBLIGATION: PERSONAL RESPONSIBILITY 1 A Moral Obligation: Personal Responsibility Richard D. Paul II University of Phoenix A MORAL OBLIGATION: PERSONAL RESPONSIBILITY 2 Two years ago I separated from the Air Force after thirteen years of service. I finally made the decision to further my education to open more career opportunities and advancements. Since the courses I am taking are online‚ there is an even higher pressure for the accountability
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Jonathan Chen Space Exploration There are many reasons on why space exploration has become a necessity for us‚ as the amount of money being invest on space exploration‚ has increased drastically. From 1950’s the amount of money spend was 89 million which was a large sum of money back then. While we move up in the years the amount of money on space exploration increases‚ for instance in the year 2010 it was the most amount of money spent on space exploration than any other year. A total of 18‚724
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EDCA is a two-sided coin with its disadvantages outweighing its benefits. Enhanced Defense Cooperation Agreement or EDCA is a bilateral pact that serves as an advancement of the Mutual Defense Treaty and the Visiting Forces Agreement between the Philippines and the United States. This became effective on April 28‚ 2014 and is classified as an Executive Agreement by both Philippines and US government. (Thayer‚ 2014) According to Foreign Affairs Secretary‚ Albert del Rosario‚ EDCA was originally titled
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NRS 430V CLC Group Project Agreement Grading Criteria CLC Course Information Course Name/Section Number: NRS-430V (Professional Dynamics) Instructor’s Name: Sandra white Start Date of the Course: CLC Member Contact Information (Who is in our group?) CLC Member Name Primary E-mail Address Secondary E-mail Address Other Contact Information CLC Group Values (What do we need to do to ensure our team’s success?) What Each Team Member Agrees to Do Why This Is Important to the Team Check into
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Exploring space is a waste of money? Space exploration has been a huge part of our history; from Neil Armstrong and Buzz Aldrin winning the “space race” withRussia‚ to the Mars Rovers. There are many different takes on the matter of space exploration and a lot of people feel that the disavantages far out weigh the benefits. Yet‚ many others believe that space exploration should be continued at all costs and that it has proven to be very beneficial in the past and will continue . To start off
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National Aeronautics and Space Administration America’s Spaceport America’s Spaceport John F. Kennedy Space Center “This generation does not intend to founder in the backwash of the coming age of space. We mean to be a part of it . . . we mean to lead it.” President John F. Kennedy Sept. 12‚ 1962 Origins Origins T he John F. Kennedy Space Center -- America’s Spaceport -- is the doorway to space. From its unique facilities‚ humans and machines begin to explore the solar system
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Key Notes: Space Tourism is the term that’s come to be used to mean ordinary members of the public buying tickets to travel to space and back. Many people find this idea futuristic. But over the past few years a growing volume of professional work has been done on the subject‚ and it’s now clear that setting up commercial space tourism services is a realistic target for business today. But this idea of Space Tourism isn’t at all familiar to most people‚ including the space industry‚ who are used
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demonstrate they risk being dismissed and others getting hired. Further‚ through the employment-at-will clause‚ employers can escape unnecessary lawsuits that lead to loss of income from litigation expenses. The Arguments against At-Will Agreements The at-will agreements allow employers ease of hiring as well as firing. For any employee who is underperforming‚ they are bound to face the sack‚ which may qualify them for unemployment insurance if there lacks a paper trail of disciplinary action. Conversely
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