| ACCOUNTING PRINCIPLES | | | Meaning of Accounting Principle | | Principle means a general law or rule adopted or professed as a guide to action ‘a settled ground or a basis of conduct or practice’. The word ‘Principle’ when applied in accounting may have different meanings in different contexts. It is not used in the sense of a fundamental accounting truth – it connotes a guiding influence or an accepted rule of action or conduct. Accounting principles have been defined as the body
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writing the book is to demonstrate the significance of Michael Servetus and his unforgettable actions throughout his lifetime. To start off‚ during the novel the Goldstones’ express the importance of Servetus when he speaks his mind and lets out the power of his ideas even when others disagree. Additionally‚ the authors argue the significance of Servetus’s courageousness as well as his ability to never back down on what he believes in. To begin‚ the Goldstones write the story of Michael Servetus to
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CHAPTER 1 ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW Learning Objectives: 1. Distinguish between data and information‚ discuss the characteristics of useful information and explain how to determine the value of information 2. Explain what an accounting information system (AIS) is and describe the basic functions it performs. 3. Discuss why studying accounting information systems is important. 4. Explain the role an AIS plays in a company’s value chain and discuss
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CS 4550 Information Systems Security and Control When a computer connects to a network and engages in communication with other computers‚ it is essentially taking a risk. Internet security involves the protection of a computer’s Internet account and files from intrusion of an unknown user. Internet security has become an alarming issue for anyone connected to the net. This research paper argues the need for security over corporate intranets that have been dealing with the lack of security within
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ENGI5927 Tutorial 2 – Quick Method for Bending Moment Diagrams 1 Problem 1 (to be done by TA) – cantilever under 5 kN point load at end‚ and 3 kN‐m moment at midspan. Appendix A has the calculations for doing the shear and bending moment diagrams the “old fashioned” (and much slower) way. ENGI5927 Tutorial 2 – Quick Method for Bending Moment Diagrams 2 Problem 2 (to be done by you guys) – simply supported beam with two loads (from Topic 1b Notes). Bearings are self‐aligning
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TUTORIAL WORKING CAPITAL MANGAMENT CHAPTER 14 & 15 1. Explain what is meant by the statement “The use long term debt as opposed to current liabilities subjects to the firm to a lower risk of illiquidity.” 2. Why does an increase in the ratio of current to total assets decrease both profits and risk as measured by net working capital? How do changes in the ratio of current liabilities to total assets affect profitability and risk? 3. What is the difference between the firm’s operating cycle and
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Flash Tutorial 1 1. The toolbar 2. Open flash 3. Choose FILE NEW ActionScript 2.0 (To create a new movie) 4. Locate the tool bar on the right hand side(can be placed anywhere) Experiment with the many different drawing tools there. Have a go at making all different shapes. Use different colors. Try things. Have a go at drawing a yellow goldfish in blue water. (Something like this great picture I have drawn below
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Internal controls are all measures taken by an organization for the purposes of protecting its resources against waste‚ fraud‚ or inefficient use; ensuring the reliability of accounting data; securing compliance with management policies; and evaluating the performance of all employees‚ managers and departments within the organization. The accounting system depends upon internal control procedures to ensure the reliability of accounting data. Many internal control procedures on the other hand make
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-1 Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-1 Typographical Conventions in this Book . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-2 The Story . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-3 Starting Minitab . . . . . . . . . . . . . . . . . . . . . . . . .
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BS3572 Industrial Economics Tutorial 1 Exercise 1 Consider a perfectly competitive market. Market demand is Q = 860 10p. There are initially n = 20 identical …rms in the market‚ and each …rm’ costs are C (q) = 200 + 2q + 0:5q 2 . s 1. Find the supply curve of an individual …rm and the aggregate supply curve of all …rms. Calculate the competitive equilibrium price. Determine the equilibrium output and pro…t of an individual …rm. 2. Derive expressions for the price elasticity of market demand
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