profits. c. they help market their products to customers or find vendors to supply needed inputs. d. they provide major financing for the business. 6. Who has first preference to assets in case a business fails? a. Stockholders b. Long-term creditors c. Customers d. Employees 7. Financing activities involve obtaining __________ to operate a business. a. products b. customers c. business incentives d. funds 8. When a business borrows money‚ it incurs a(n) a.
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“Contemporary issues in Business” Submitted By: M.Com (1 1/2) Morning Group Members: Wajiha Riaz 35 Ainee Rashid 54 Hira Aslam Butt 57 Syedda Azka Naeem 64 Sadia Iqbal 69 Table of Contents * Introduction of unilever * Surf Excel * Marketing Facts * Marketing Strategies * Comparision with learning & Chapter of Marketing Unilever Pakistan Limited manufactures and markets home and personal care products‚ beverages‚ ice cream‚ and spreads in the United Kingdom. The company
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you have learned in this week’s readings the Accounting Equation is Assets = Liabilities + Owners’ Equity. Is the accounting equation true in all instances? Provide sample transactions from your own experiences to demonstrate the validity of the Accounting Equation. 2) What does the term account mean? What are the different classifications of accounts? How do the rules for debits and credits impact accounts? Please provide an example of how debits and credits impact accounts. 3) The
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In our society today‚ computer technology plays an important role in many form of business‚ especially in the field of accounting. As technology advances‚ not only does the use of computers penetrates individual’s everyday life‚ it also helps to mange and improve many business operations from service‚ manufacturing to retail. Ken‚ an accounting graduate‚ works as an accounting clerk at Advance Manage‚ a service operation located in Markham‚ Ontario. The small business is in the form of a partnership
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Administration – BBA Semester 4 BBA 402 – Management Accounting – 4 Credits (Book Id – B1713) Model Question Paper Duration: 2 hours Total marks: 140 _____________________________________________________________________________ Part A (1 Mark questions) (50 * 1 = 50 marks) 1. ___________ sets the targets for each individual‚ reviews their working and points out their effectiveness and inefficiencies. A) Responsibility accounting B) Ratio Analysis C) Cost Accounting D) Cause and effect analysis 2. If the ________
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The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects
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Computers in accounting Uses and advantages and disadvantages of computers in accounting Traditionally accounts were kept by the means of handwritten record. Computers have only begun to be used in some of the functions of accounting over the last fifteen years or so. As computers became cheaper‚ easier to use‚ and more powerful‚ more firms have decided to computerise their own accounting records. However‚ some firms‚ (albeit a declining number) still prefer to use handwritten accountings. This leads
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1.0 Introduction According to The Environment Agency in the United Kingdom (2006)‚ Environmental Accounting can be defined as: “The collection‚ analysis and assessment of environmental and financial performance data obtained from business management information systems‚ environmental management and financial accounting systems. The taking of corrective management action to reduce environmental impacts and costs plus‚ where appropriate‚ the external reporting of the environmental and financial
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Austria Written by: Adamantios Diamantopoulos Department of Business Administration‚ University of Vienna‚ Vienna‚ Austria Abstract Prior research acknowledges employees’ crucial role in building strong service brands‚ yet empirical research on how to turn employees into brand champions remains scarce and has been largely approached from an internal branding perspective. Drawing on social identity and social exchange theories‚ this study takes a broader organizational perspective to link internal
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Accounting Principles: A Business Perspective‚ Financial Accounting (Chapters 1 – 8) A Textbook Equity Open College Textbook originally by Hermanson‚ Edwards‚ and Maher Fearless copy‚ print‚ remix(tm) www.textbookequity.com www.opencollegetextbooks.org ISBN-13: 978-1461088189 ISBN-10: 1461088186 License: CC-BY-NC-SA p. 1 of 433 About This Publication Simply put‚ you may copy‚ print‚ redistribute‚ and re-purpose this textbook or parts of this textbook provided that you give attribution
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