Theory of Accounts 1. The fundamental qualitative characteristic of faithful representation has the components of a. Predictive value and confirmatory value b. Comparability‚ consistency‚ and confirmatory value c. Understandability‚ predictive value‚ and reliability d. Completeness‚ neutrality‚ and freedom from error 2. The amount reported as “Cash” on a company’s balance sheet normally should exclude a. Postdated checks that are payable to the company b. Cash in a payroll account c. Undelivered
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* INTRODUCTION TO DEMAT ACCOUNT: * EVOLUTION OF DEMAT ACCOUNT: The term "demat"‚ in India‚ refers to a dematerialised account for individual Indian citizens to trade in listed stocks or debentures in electronic form rather than paper‚ as required for investors by the Securities and Exchange Board of India (SEBI). In a demat account‚ shares and securities are held electronically instead of the investor taking physical possession of certificates. A demat account is opened by the investor
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Morrison “How I Met My Husband” Response Q4 1 October 2013 At a young age‚ women have a tendency to be naïve and innocent. With that‚ the two factors create a vulnerable persona in a girl‚ and it compels a person to feel sympathy towards them. “How I Met My Husband” consists of a protagonist‚ Edie‚ who is also naïve and innocent as well as humble and simple. These traits convince me to believe her to be a sympathetic character in the story. As a young‚ naïve‚ gullible girl‚ I feel nothing
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CONTROL ACCOUNTS AND ITS USES INTRODUCTION: As the business grows in size‚ more than one ledger is required for recording its transactions which have also expanded with the business. Since the bulk of the entries are made in the accounts of debtors and creditors‚ these two classes of accounts are taken out of the General Ledger and put in separate ledgers - the Sales Ledger for debtors’ accounts and the Purchases Ledger for creditors’ accounts. There may be more than three ledgers but for simplicity
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HOSPITAL BILLING SYSTEM [pic] TASKS 1. Create Patient and Patient Account tables. Please bear in mind that you will be additionally tested for deciding on sensible data types and field sizes. (Assuming that all other tables are already created). 2. (a) Create a sequence for Patient’s ID which should start from 1000‚ should increase in steps of 1‚ and should not exceed the value 99999. (b) Insert a sensible record in Patient’s table by using the sequence created in (a) within
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(8/2x)-(5/2x)=3 (3/2x)=3 x=1/2 The answer would be x=1/2 3. John had $30‚000 to invest. He invested part of this money in bonds paying 12% annual simple interest and the rest of the money in a savings account giving 4% annual interest. At the end of the year‚ he received $2‚400 as extra income. How much money did John place in each investment? .4x+.12(30000-x)=2400 .04x+.12(30000)-.12x=2400 .04x+3600-.12x=2400 .12x-.04x+3600=2400 .08x+3600=2400 .08x+3600-3600=2400-3600 8x=1200 (8x/8)=1200/8
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An account manager is a person in a business who is responsible for the management of the sales and relationship with particular customers. They are allocated particular customer accounts‚ especially the key accounts which provide the most business. The Account manager varies depending on the nature of the business. The account manager builds client relationship by acting as the interface between the customer service teams and sales teams within a company. By maintaining the company’s existing relationship
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2.) Explore Aristotle’s account of happiness. Do you agree with him‚ that moral activity is secondary? In Book X of Nicomachean Ethics by Aristotle‚ he writes about pleasure and happiness. Aristotle makes the point that happiness and pleasure should not be confused with each other. He argues that pleasure is not good‚ but a good. Pleasure is not a process‚ and not all pleasures are desirable‚ so pleasure is not the supreme Good. However‚ happiness is not a process. It is an activity that
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Chapter-V Accounts Receivable Management • Introduction • Goals of Receivable Management • Credit Management • Optimum Credit Policy • Credit of Account Receivable 155 Introduction Accounts receivable represent the amount due form customers (book debts) or debtors as a result of selling goods on credit. “The term debtors is defined as ‘debt’ owned to the firm by customers arising from sale of goods or services in the ordinary course of business.” The three characteristics of
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CHAPTER 1 Overview of Current Account Balance * Introduction: The current account is the difference between exports of goods and services and imports of goods and services. If we denote the current account balance by CA‚ we can express this definition in symbol as CA = EX – IM The current account balance is one of two major measures of the nature of a country’s foreign trade (the other being the net capital outflow. A current account surplus increases a country’s net foreign assets by the
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