ISQ Examination (Summer-2012) Accounting for Financial Services – Stage-II Q. A) What is the purpose of revaluation of fixed assets? Q. B) State any THREE conditions which must be met‚ if development expenditure is to be recognized as an intangible asset. Q. On December 31‚ 2011 before adjustments‚ the allowance for doubtful accounts had a credit balance of Rs.2‚000/-. Required: Make the bad debts adjustments necessary under each of the following independent assumptions. A) The company
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What Is A Perfect Life? In life‚ the reality that we face on a normal basis is depressing‚ disappointing and lifeless. A perfect life is a life without hate‚ jealousy and pride. A creation or thought of emptiness to which only myths or legends originate from. But if a dimension of omnipotent peace was resurrected this is what it would be like. Hate‚ a feeling of demonic control of anger. A bitter rotting corpse of emotion balled into a pale‚ cold‚ burnt of flesh smelled dough‚ waiting to
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statements‚ however his argument comes across as completely one-sided and biased. Plato’s ideal of a “perfect” society may be effective and keep the system orderly‚ but it deprives the majority of the population of their rights as human beings‚ and his idea of a just person does not match up with his idea of a just society. If one closely analyzes Plato’s “perfect” society‚ it is clear that it may seem perfect to the outside world‚ but is run in a dictator-like fashion that does not lead to living an enjoyable
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A perfect Tech nerd From an early age‚ I’ve been deeply fascinated by computing. I was first introduced to this gadget‚ my 30 pounds Pentium 1‚ by my dad when I was just nine. I was immediately struck by this incredible machine that seemed to take a life of its own. This sparked the desire to learn more about computers‚ to learn about how they work; a desire that still drives me to this day. More than anything‚ I always imagined a computer as more than just any machine unlike the other electronics
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|`Subject Area Code |Preliminaries | |Time Allocation | | |Subject Area |Introduction | | | | |Instructional Hours (min) |
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Early Jamestown Why Did So Many Colonist Die In Early Jamestown? In 1607 colonists began to die from the unhealthy environment‚ colonist also were dying because of their poor health‚ and they also died from the attack from the Powhatan indians. The first reason colonist died in early jamestown was because of their poor health of malnutrition and the drought from 1607 to 1612. The second reason colonist died in early jamestown was because of their unhealthy environment due
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Natural Resource Valuation and Damage Assessment in Nigeria A Comparative Analysis August 2003 Natural Resource Valuation and Damage Assessment in Nigeria A Comparative Analysis Environmental Law Institute August‚ 2003 1 Acknowledgments This report was authored by Danielle Schopp and John Pendergrass‚ with additional research by Roman Czebiniak‚ of the Environmental Law Institute (ELI). The authors also thank Bruce Myers of ELI and Anthony Onugu of Bioresources Development and Conservation
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difference between monopoly and perfect competition? Firm under perfect competition and the firm under monopoly are similar as the aim of both the seller is to maximize profit and to minimize loss. The equilibrium position followed by both the monopoly and perfect competition is MR = MC. Despite their similarities‚ these two forms of market organization differ from each other in respect of price-cost-output. There are many points of difference which are noted below. (1)Perfect competition is the market
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Famous basketball legend Michael Jordan once said‚ “There is no such thing as a perfect basketball player‚ and I don’t believe there is only one greatest player either.” I like this quote because it gave a lot of experience to other sports player achieve their goals. The reason why I want to be a basketball player is because I want to take that next step by practicing and knowing the rules about this sport‚ getting to know much about some pro basketball players‚ and start focusing on helping the
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Perfect Labor Markets When looking at the market for labor‚ it is useful to make a similar distinction to that made in the theory of the firm: the distinction between perfect and imperfect markets. Although in practice few labor markets are totally perfect‚ many do at least approximate to it. The assumptions of perfect labor markets are similar to those of perfect goods markets. The main one is that everyone is a wage taker. In other words‚ neither employers nor employees have any economic
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