Prague College 2011 Business Environment and Organization’s Mission Statement Business environment‚ Assignment 1 By Dmytro Pyrkh Table of contents 1.0 Introduction 2.0 Main body 3.1 Identify the mission‚ values and key objectives of an organization and assess the influence of stakeholders 3.2 Evaluate the extent to which an organisation achieves the objectives of three stakeholders 3.3 Explain the responsibilities of an organisation and strategies employees to
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essential features of the allowance method of accounting for bad debts? The allowance method tries to match the written off account with the period in which the sale was made. There are three essential accounting features to the allowance method: 1. Uncollected debt for accounts receivable are matched against revenues within the same accounting period in which they are recorded. 2. Estimated uncollected debt are debited to bad debts expense and credited to Allowance for Doubtful Accounts via
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WORK MEASUREMENT Work study is a generic term for those techniques‚ particularly method study and work measurement‚ which are used in the examination of human work in all its contexts‚ and which lead systematically to the investigation of all the factors which affect the efficiency and economy of the situation being reviewed‚ in order to effect improvement Objectives of work study : 1. The most effective use of plant and equipment. 2. The most effective use
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CHAPTER 12 ACCOUNTING FOR PARTNERSHIPS AND LIMITED LIABILITY COMPANIES DISCUSSION QUESTIONS 1. a. Proprietorship: Ease of formation and nontaxable entity. b. Partnership: Expanded owner expertise and capital‚ nontaxable entity‚ and moderate complexity of formation. c. Limited liability company: Limited liability to owners‚ expanded access to capital‚ nontaxable entity‚ and moderate complexity of formation. 2. The disadvantages of a partnership are that its life is limited
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[pic] CONTENTS 1. Executive Summary 1 2. History of coal India 3 3. About C.M.P.D.I 4 4. Services offered by C.M.P.D.I 7 5. Wages and salary administration 16 6. Definition 17 7. Factors affecting wages and salary structure 18 8. Criteria for fixation of wages and salary 19 9. National Coal Wage Agreement Preamble 21 10. Wages and salary structure for non executive employees 23 11. Wages and salary structure for executive employees
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include: Adhoc Adhoc is a one type of allowance given to employees. union is deciding this allowance asan extra benefit for employees. HRA:- House rent allowance is given to employees as an incentive. HRA is given to thatemployees who are not leave in quarter allotted by union.HRA is deciding bymanagement committee every three year according to designation of employee. Travel Allowance:- Travel Allowance is given to employees as incentives. Travel allowance is deciding bymanagement and committee
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Socioeconomically disadvantaged people need to develop knowledge‚ understanding and skills in identifying and accessing resources‚ also need problem-solving in managing their own unique situation. | -Financial support.eg. Austudy payment and youth allowance‚ higher paid employment | To help them seek education and continue their tertiary studies. To contribute to a better economic
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neglecting the customary salute‚ or showing a marked disdain‚ indifference‚ insolence‚ impertinence‚ undue familiarity‚ or other rudeness in the presence of the superior officer. Maximum punishment. Bad-conduct discharge‚ forfeiture of all pay and allowances‚ and confinement for 1 year. Article 91—Insubordinate conduct toward warrant officer‚ NCO‚ or PO (1) strikes or assaults a warrant officer‚ non-commissioned officer‚ or petty officer‚ while that officer is in the execution of his office;
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usually some customers who do not pay their account. These uncollectable accounts are called bad debts and are an expense of selling on credit. There are 2 methods that can be used to account for bad debts: 1. The Direct Write-off Method 2. The Allowance Method Page 1 Financial Accounting Week 3 Lecture Summary 1. The Direct Write-off Method Under this method the bad debt is recorded as an expense at the time that it is determined to be uncollectable. This can happen at any time during
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Chapter 5 Accounting for Merchandising Operations Chapter Summary Merchandising Operations • A merchandising company is an enterprise that buys and sells goods to earn a profit. • Measuring net income for a merchandising company is the same as for a service company through matching of expenses with revenues. • In a merchandising company‚ the primary source of revenue is the sale of merchandise‚ which is called sales revenue or sales. • Expenses for merchandising
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