between accrual-basis accounting and cash-basis accounting? The variation between accrual basis accounting and cash basis accounting‚ is how cash is documented. Cash basis is an accounting basis that is used when expenses and revenue are paid out or received. This is when the transaction will be recorded. In accrual-basis accounting‚ transactions are recorded when they actually happen. Payment does not need to be made for the transaction to be recognized in accrual-basis accounting unlike cash-basis
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a 1. Define the three aspects of organizational architecture. The three aspects of organizational structures as highlighted in the synopsis of Managerial Economics and Organizational Architecture are as follows : 1. The assignment of decision rights within the firm 2. The methods of rewarding individuals 3. The structure of systems to evaluate the performance of individuals and units These three components are often referred to a stool with three legs. If one of the
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Without the Fourth Amendment of the Constitution‚ America would be a very different place. The framers of the United States Constitution anticipated the necessity of an amendment that would protect citizens from a government that would potentially overstep its boundaries. The Fourth Amendment was included in the Bill of Rights as one of the guarantees afforded to all citizens protecting rights to privacy and illegal search and seizure. In today’s society with the new technologies for surveillance
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English 102 22 January 2012 4th grade slump! When I see my little cousins reading a book‚ I see their eyes are shine with excitement‚ and they can’t wait to read the book out loud to their parents or to me. As they get older‚ that excitement in their eyes is gone and I would wonder‚ why? Then I took this course and found out what the 4th grade slump is. So‚ what is 4th grade slump? There are many reasons why educators call it the 4th grade slump and there is one simple explanation: when a student
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organizations have goals‚ and their managers need information as they strive to attain those goals. Managerial accounting is the process of identifying‚ measuring‚ analyzing‚ interpreting and communicating information in pursuit of an organization’s goals. It is an important part of any organization’s management information system. 1-1. The following changes should be in store for managerial accounting as a result of the explosion in e-commerce: a. Companies will have to invest in their security.
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103-Managerial Economics OBJECTIVES: The course in Managerial Economics attempts to build a strong theoretical foundation for Management students. The course is mainly analytical in nature and focuses on clarifying fundamental concepts from microeconomic viewpoint. The students are expected to study and analyses the dynamics of managerial decision making through this course. Also wherever possible‚ students are expected to study‚ analyses and interpret empirical evidence and case studies available
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Nature of Accounting and the Accounting Standard Background Accounting is an important part for business and it is dubbed “language” of business activities conducted by firms. People think it is used to communicate business transactions per se to all stakeholders. However‚ some people argue that the functions of accounting are not that easy. Except the communication tool‚ accounting acts as many other difference roles in business. When doing accounting‚ different standard may be used. There are
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Ahmed Smith AP Government Mrs. Sanders May 6‚ 2013 4th Quarter Paper Federalism and Checks and Balances limits the powers of national government. Federalism is used to separate the power between state and national government. Federalism limits the power of the national government by dividing power between national and state governments. By doing this it limits the authority of the national government. The US uses a system in which state and federal governments work together to enforce policies
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we live in. But‚ despite the lofty mythos surrounding the awesomeness of the Bill of Rights‚ there exists substantial controversy over the interpretation of some amendments. Namely‚ the 2nd and 4th amendments; the 2nd amendment assures the right to bear arms and maintain a well regulated militia‚ and the 4th amendment prohibits searches and seizures of property without probable cause. Many soon-to-be voters from Kent Denver’s student body agreed that‚
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KEY CONCEPTS • managerial economics • theory of the firm • expected value maximization • value of the firm • present value • optimize • satisfice • business profit • normal rate of return • economic profit • profit margin • return on stockholders’ equity • frictional profit theory • monopoly profit theory • innovation profit theory • compensatory profit theory Managers‚ Profits‚ and Markets Chapter 1 How Is Managerial Economics Useful? • Evaluating Choice Alternatives • Identify ways
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