‘Accounting is irrelevant in decision making because the information it provides relates only to the past.’ Discuss. Accounting is relevant to the decision-making process as it helps provide financial information as to the most efficient use of available economic resources. Although accounting provides financial information based on past financial transactions‚ it is useful in giving details on how efficiently an organisation has been using its available resources in the past. For example‚ financial statements
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TOPIC WHAT IT MEANS IN DETAIL ` TOPIC SUB-TOPIC BASICS GRAMMAR WHAT IT MEANS 1) Grammar: Does the sentence adhere to the rules of Standard Written Grammar‚ Meaning & Concision: In SC English? 2) Meaning: Is the meaning of the sentence obvious and this is what we need and in that order unambiguous? 3) Concision: Is the sentence written as econornically as possible? to look for right answer ` 1) Subject-Verb Agreement IN DETAIL PICKED UP ON THE WAY / KEY TAKE-AWAYS
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The Agency Cost Problem or Principal-Agent Problem‚ which is believed‚ arises from the separation of ownership and control‚ could be mitigated in many ways. In their paper Jensen and Meckling (1976) mention that if a company fully owned by its managers‚ they will work on maximizing its value. But if a fraction of this equity owned by managers is sold to outsiders‚ the risk borne by them now will have fewer fractions than before. This will be one of the main reasons for management to act on maximizing
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Which is the least expensive edition of Vista that can use the Aero user interface? Vista Home Premium Which three editions of Vista allow you to join a domain on a network? Business‚ Enterprise‚ and Ultimate editions Are there any editions of Vista that does not include the Network and Sharing Center? No Which edition of Windows XP supports 64-bit applications? Windows XP Professional x64 Edition Which was the first Windows OS to come with Internet Explorer embedded in the OS? Windows XP
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Economics 247 Assignment 1 Version A This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this course. You should complete it after completing your course work for Units 1 through 5. Answer each question clearly and concisely. 1. a. 3/3Define opportunity cost‚ and explain its importance in economics. (3 marks) -The opportunity cost of something is what you must give up of one thing‚ in order to get it. Opportunity cost is a key concept of
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CHAPTER 1 — BASIC RADAR PRINCIPLES AND GENERAL CHARACTERISTICS INTRODUCTION The word radar is an acronym derived from the phrase RAdio Detection And Ranging and applies to electronic equipment designed for detecting and tracking objects (targets) at considerable distances. The basic principle behind radar is simple - extremely short bursts of radio energy (traveling at the speed of light) are transmitted‚ reflected off a target and then returned as an echo. Radar makes use of a phenomenon
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ECONOMICS CHAPTER 1 ECONOMIC WAY OF THINKING SCARE RESOURCES WEALTH OF THE NATIONS ECONOMICS: ADAM SMITH STAR CITY Scarcity Scarcity is the basic and central economic problem confronting every society. It is the heart of the study of economics and the reason behind its establishment. Authors have defined scarcity in various way some if which are complexly stated. One author defines scarcity as a commodity or service being in short supply‚ relatives to its demand (Kapur
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Zhou Boyang Content 1. Foreword 3 2. Firm’s environmental 3 3. SWOT analysis 5 4. Information of Alibaba 7 5. Alibaba ‘s objectives‚ strategies and performace metrics 9 6. ethical and legal issue 10 7. Research method 10 8. Segmentation 10 9. segment analysis 10 10. Targeting positioning 11 11. Demand analysis 11 12. Differentiation 11 13. market opportunity analysis 12 14. supply analysis 12 Research report of Alibaba Group Foreword
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The Scientific Method What is the Scientific Method? “The Scientific Method is a logical and rational order of steps by which scientists comes to conclusions about the world around them that helps to organize thoughts and procedures.”1 The process of the Scientific Method is used by making an observation‚ forming a hypothesis‚ testing the hypothesis‚ analyzing data and then coming up with a conclusion. Scientists use the scientific method to search for cause and effect relationships in nature.
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ECONOMICS CHAPTER 1- INTRODUCTION TO ECONOMICS ● Assumed 3 decision makers- consumers (households) – that sell land‚ labour‚ capital & entrepreneurship and firms- that pay rent‚ wages‚ interest and profits (rewards for above factors of production ) firms then use the factors to produce G/S in return for payment from consumer. Govt imposes taxes on individuals and (income tax) and firms (corporate tax) to provide infrastructure and other services to community ● Econon’s 2 basic assumptions
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