Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000 per year for quality inspection‚ storing etc of the product. {25 Marks } In the most recent year ABC Ltd. Produced 25000 fans at the following total cost
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Assessment task – SHC34 Principles for implementing duty of care in Health‚ Social Care or Children’s & Young People’s Settings What it means to have a duty of care in your own work role “Duty of Care” is an obligation to ensure that children in your care are not harmed physically‚ emotionally or mentally. This involves giving suitable attention‚ looking out for potential hazards‚ preventing mistakes or accidents‚ and making informed choices about steps undertaken in your work role. The
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1.1: Identify the current legislation guidelines policies and procedures for safeguarding the welfare of children and young people including e safety. Children Act The main legislation that cover’s the protection of children is the Children Act 1989 then was updated in 2004‚ the Children Act 1989 (2004) is to safeguard children in learning environments. In a nursery I would safeguard children by locking gates and knowing who is meant to pick them up from nursery or school. Education Act Legislation
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Why are accounts important To begin by why accounts are important‚ a person should first know what accounts actually mean. Accounts are financial records of an organization that register all financial transactions‚ and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization’s current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet‚ and the income
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Promote communication in health‚ social care or children’s and young people’s settings Definition of communication noun * 1 [mass noun] the imparting or exchanging of information by speaking‚ writing‚ or using some other medium:television is an effective means of communicationat the moment I am in communication with London * [count noun] a letter or message containing information or news:a telephone communication
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it will be recorded in the purchase journal‚ once it has been certified as a valid invoice. After the journal entries‚ the next step is to post the journal entries into account. Ledger Account also known as “T” Account and Account. Ledger accounts categorize these changes or debits and credits into specific accounts‚ so management can have useful information for budgeting and
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Goods/Stock purchased or sold being returned is quite a common practice in business. This may be on account of a number of reasons like defects in goods‚ quality not matching the requirement for which the buyer purchased it‚ the buyer not needing the stock‚ etc. This happens both in case of goods purchased as well as goods sold by the organisation. Where the goods sold are being returned we call it "Sales Returns" and where goods purchased are being returned we call it "Purchase Returns"
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company issue a share having face value of Rs 10 at Rs 8 Give two examples of ‘Capital receipts’. Give two circumstances in which sacrificing ratio may be applied (1) (1) (1). (1) (1) Show how you would deal with the following items in the final accounts of a club: (3) Debit credit Prize fund Prize fund Investments 1‚20‚000 Income from Prize fund Investments Prizes awarded 9000 Q7. 1‚20‚000 12000 A‚B and C are partners sharing profits and losses in the ratio of 1 : 2: 3. They have omitted interest
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am also expected to understand what effective practice is. Effective practice requires committed‚ enthusiastic and reflective practitioners with a depth of knowledge‚ skills and understanding. In order to be an effective practitioner I must use my own learning to improve my work with the children in a way that is positive‚ sensitive and non-judgemental. Being an effective and reflective practitioner requires demonstrating and improving my: Relationship with the children and parents Understanding of
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SHC 33 1-1.2 Describe the potential effects of discrimination Discrimination mean mistreatment with group of people or individual. People harm (discriminate) other people because of their ethnicity‚disability‚feel that someone is weaker‚ showing off infront of friends‚ because of their views‚ nationality‚gender‚ atc .. Effects of discrimination can be different‚ it depends on each person individually. Person who is discriminated may harm himself physically or mental. For example‚ a girl who
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