of a balance scorecard in achieving strategic objectives in organisation. Introduction: In current upsurge in economic condition globally brought on by competition and uncertainty‚ all organisations are impacted with need for changes to remain viable in performance of duties. This trend have prompt companies in adopting suitable approach which are unique to its operation and thus being effective in achieving goals objectives and prospect for development. The development of the balance scorecard
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Balance of payment Most of exports and imports involve finance i.e. receipts and payments in money. An account of all receipts and payments is termed as Balance of Payments (BOP). According to Kindle berger‚ "The balance of payments of a country is a systematic record of all economic transactions between the residents of the reporting country and residents of foreign countries during a given yeriod of time". The balance of payment record is maintained in a standard double-entry book-keeping
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Maintain Order at Their Expense There are a vast number of different cultures in our world‚ but one thing stays the same among them all: each culture defines a certain set of rules‚ or “norms.” Society shapes the way people who belong to a particular group or area live and interact. Those who act differently and violate these imposed set of rules ultimately deviate from this norm and are therefore shunned away. Because these people are condemned or looked down upon‚ they act as bad examples to
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How to Maintain A Good Friendship? No man is an island ! Friendships become Richer and more Precious with time but they can also grow more Complicated Friendships require some work to maintain them The closer we get to someone‚ the more invested we become in their emotions and behaviors. It is our RESPONSIBILITY to maintain the friendship Keep in touch Show appreciation Choose compassion over cynicism and check yourself • People often move far away to go to different schools or pursue
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ACCOUNT BALANCES For many purposes‚ it is necessary to determine the balance in an account. This is accomplished by adding the debits‚ credits‚ and determining the difference between the two sums. An account is said to have a debit balance if the sum of the debit entries to that account exceeds the sum of the credit entries. Conversely‚ an account has a credit balance if the sum of the credit entries exceeds the sum of the debit entries. Asset accounts normally have debit balances inasmuch as
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COURSE 2 - The Balance Sheet The balance sheet (also called statement of financial position) reports the financial position of the business at a point in time. It does so by listing the categories and amounts of assets‚ liabilities and equity on a specific date‚ in a format that proves the fundamental accounting equation. ASSETS = EQUITY + LIABILITIES or ASSETS – LIABILITIES = EQUITY Formats of presentation Regardless of
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BALANCE OF PAYMENT (BOP) Introduction: Balance of payments (BOP) is a record of economic transitions between the residents of one country and the rest of the world during one year. The balance of payment like all balance sheets must balance. The items‚ which lead to‚ an inflow of foreign earnings are placed on the credit side of the balance sheet‚ whereas the items‚ which give‚ rise to an outflow of foreign currency are placed on the debit side. Definition: “Balance of payment is a systematic
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Balance of Payment Balance of Payment is the recording system of economic and financial flows that take place over a specified time period between residents and non-residents of a given country. The residents of a country compromise of the general government‚ individual‚ private and non- profitable bodies serving individuals and enterprises. The Balance of Payment will consist mainly with three sections. 1. Current Account- This shows all the inflows and outflows of a country. 2. Capital Account-
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CARE OF THE OLDER PERSON; INTRODUCTIOON; My name is Carmel‚ I am presently doing a FETAC LEVEL 5‚ in health skills through the V.E.C. one of the modules is care of the older person‚ I decided to do this course because I would like to work with elderly people in my community‚ I have previously worked as a home help and a carer‚ I feel there is a great need to learn and up date new skills in this area as there is more elderly people living alone and some been cared for by family members in the
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Examine the reasons why it is important to update and write new job descriptions. Writing and updating Job Descriptions is very important for the employer and the candidate. It allows the candidate to decide if the skills they have match the position they are contemplating on applying for. For the employer it helps them to get a clear picture of the ideal candidate and give their expectations for the candidate they are searching for. Companies undergo expansion‚ restructuring‚ downsizing
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