Introduction Assumptions‚ principles‚ and constraints are the operational guidelines set by the FASB. These principles where put in place to provide a foundation‚ with specific rules on how to report economic events‚ while allowing for constraints or relaxation of the principles under certain circumstances. Assumption of accounting There are two assumptions in accounting that provide a solid foundation for accounting‚ the monetary unit assumption and the economic entity assumption. The monetary
Premium Financial Accounting Standards Board International Financial Reporting Standards Generally Accepted Accounting Principles
Project’s Triple Constraint According to Project Management Knowledge (2009)‚ " Project Management is the act of organizing resources such as scope‚ time and cost to bring about a desired result Insert the quotation” (Triple Constraint‚ para. 1). The triple constraint can be viewed as the balance of the projects timing‚ budget‚ and project specifications. Dempster’s triangle is another term used for triple constraint. According to the Project Management Knowledge (2009) website the project manager
Premium Project management Management
with - completeness - security (prevents data from being lost‚ stolen‚ cracked) - safety (data is clean against virus/ malicious worms) - quality Security - protection of software‚ hardware‚ machines‚ networks against - unauthorized access‚ use‚ disruption‚ destruction‚ disclosure - concerned with: - confidentiality/ privacy - integrity - availability (security controls to make sure system is up and running) - authenticity (ensuring data is genuine) Assurance - level of guarantee
Premium Computer Copyright Fair use
Ethical and Moral Issues in Business Mgt/216 Steve Fletcher October 18‚ 2010 One Ethics and moral issues in business become factors that individuals encounter at several times in one’s daily life. An individual becomes greeted each morning in the newspaper‚ confronted in the fundamentals of one’s daily jobs‚ and bided good night on the evening news. In a professional setting‚ a person’s behavior to act in a manner that upholds the good of society becomes expected. To understand
Premium Morality Ethics Business ethics
Small Business in Sub-Saharan Africa: Major Constraints in [Nigeria] Introduction The Federal Republic of Nigeria has an area of 923‚768.00 sq kilometres and completely within the tropical zone (About.com 2005). Nigeria has a population which is estimated over 154 million. It is a 12th largest petroleum product producer in the world. Due to the surge in international oil prices during 2007-08‚ Nigeria administrated an annual GDP of US$352.3 billion and has the largest GDP compare
Premium Small business Economics Business
importance of tech in business the last two decades have marked an enormous increase in the number of home computers. With it‚ computer owners have invariably taken to entrepreneurship in many varied fields. Thanks to the growth of technology‚ computers and the Internet‚ new methods have been developed for processing everyday business activities easily. Without the advent of technology‚ routine tasks would otherwise have taken and enormous amount of time and specialization. Undoubtedly‚ the computer
Premium Business Small business Management
time period of the Crusades there are a number of scenarios that showcase the importance of an individual over constraints of society and religion. This is brought to the viewers attention in the first scene of the film; as a woman committed suicide. In the eye of the church suicide is a sin‚ yet this woman chose to end her life over staying true to the church. Disputes with constraints of society and religion are showcased often in this film‚ through the world of the main character Balian. As previously
Premium KILL Oedipus Sophocles
books because of the unique customer experience the Web could offer for book lovers. Bezos believed that only the Internet could offer customers the convenience of browsing a selection of millions of book titles in a single sitting. The design of the business model is such that technological innovation drives the growth of Amazon.com to offer more types of products at significantly lower prices. Among its many technological innovations for customers‚ Amazon.com offers a personalized shopping experience
Premium
Uses of Computer in Field of Business Computer in business: Information Technology (IT) has played a very significant role in taking business to new height. Before computers‚ the time taken to complete a task was more and however as computer started to be used in business establishments‚ the processing of work got more stabilized. Some of its uses in the field of business are given below: Keeping records: Computer programs such as QuickBooks and other accounting programs
Premium Computer Computer program Personal computer
Management information system use by KFC Management Information Systems (MIS) is the term given to the discipline focused on the integration of computer systems with the aims and objectives on an organization. Each KFC outlet use MIS in accounting‚ knowing production‚ and very useful in formulating HR policies which helps them to rate their employees. The development and management of information technology tools assists executives and the general workforce in performing any tasks related
Premium Decision theory Management Information systems