MASTER MINDS - QUALITY EDUCATION BEYOND YOUR IMAGINATION 8. BUDGETARY CONTROL 1. DEFINE THE TERM BUDGET. Definition: Budget is a financial and /or quantitative statement‚ prepared and approved prior to a defined Period of time of the policy to be pursued during that period for the purpose of attaining a given objective. It may include income‚ expenditure and employment of capital. Features: 1. 2. 3. 4. Financial and/or Quantitative Statement. Futuristic prepared and approved prior
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been the auditor of Enron for 16 years. When Enron unexpectedly suffered a collapse‚ the focus quickly turned on him. He was accused of not following GAAP‚ and destroying documents related to Enron during the investigation. Arthur Andersen provided a good audit report for several years despite knowing that “Mark to Market” accounting violated the revenue recognition principle. In addition‚ it was discovered that Arthur Andersen was a consultant to Enron. There was obviously a conflict of interest. He
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In your own words ‚ detail the “for “ and “against” arguments with regard to innate and learned behaviour .Feel free to include your own opinion ‚ but be sure to justify it. Try to include an equal amount of information for both sides . Use at least 500 words for your answer . There are two types of behaviour Innate and learned . Some people called Nativists believe that a child’s behaviour is innate. Innate behaviour is defined as a natural and instinctive and is present at birth ‚ for example
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It is necessary for a report to contain following details to be called a good report: | 1. Information collected in the report must be relevant and focused to derive desired results. Pictorial and graphical presentation of data and related information help to understand the details easily. There is a possibility that the collected data in the report needs to be represented at many places in different formats to fulfill the report goals. The ultimate goal is to determine all the issue and make
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I am a person who sincerely believes in Elton Mayo’s Human Resource approach to management.Acoording to him the key assets of an organization are it’s employees. Hence I personally believe that one of the most important quality that boss should possess should be to guarantee employee satisfaction. An organization is as good as it’s employees.Hence the supervisor should have the knack of selecting the best possible employees.He should be able to identify talent when he sees it.He should create
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The Budget Assignment 1. Identify specific ways in which government is involved in your life and your family’s life in an economic way. While people like me make decisions that mold the economy‚ the government acts as a guide to keep that economy progressing into success. The government attempts to maintain growth‚ employment‚ and price stability. The government can also manipulate the economy to slow down or speed up by adjusting spending and tax rates. This results in a fluctuation in the employment
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The majority of my life has been smooth-sailing. For most of my life‚ I was told not to meddle in other people’s affairs and to not think too much about what others say. As a result‚ I would say that I have faced very little struggles. In the article “Nerd Alert: Reading is Good For Your Health‚” the author Jen Christensen describes aspects of reading that may be beneficial towards our emotional and mental health‚ including how to face those struggles that I never had. Instead‚ I read books for the
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work? How often your boss tells you to improve a bit? Even if you are satisfied with the pace you work with or the way you do your assigned tasks‚ there is always some tricky confusion in your mind whether I could have worked better? What else I need to do to make it better? There are so many blurred thoughts which actually pull and push you at times but lead you to no where. Let’s take a few examples- Mike is an aspiring baseball player in the suburbs of New Jersey. He is quite good at the game. Even
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Learning how to effectively discipline your child is an important skill that all parents need to learn. “To get what we want in life‚ we have to do what we have never done.” (Derrick 25). Whether the parent is traditional‚ a stay home parent‚ or a fulltime worker‚ the most precious thing a parent can give his or her kids is their time. Here are some ways to discipline‚ educate‚ and spend quality time with your children. It is very important to educate your child to succeed. First of all‚ build
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In the past‚ most people lived in small villages where everyone knew everyone else. Nowadays‚ most people live in large cities where they only know a few people in their area. What do you think were the advantages and disadvantages of living in a small community? Give reasons for your answer and include any relevant examples from your own knowledge and experience. ---------------- Since the world is
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