How early does your business start functioning? 2. What types of accounting practices does your business make use of? 3. What is your businesses annual budget? 4. Which wholesalers supply you with your stock? Or is it your own? 5. Are there any problems that you experience with the stock coming from your suppliers? 6. Why do you think it is of importance to have a good relationship with your supplier? 7. Is your business registered for VAT? 8. Are there an methods that
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Long-Term Construction Contracts 163 CHAPTER 10 MULTIPLE CHOICE ANSWERS AND SOLUTIONS 10-1: a Percentage of Completion Method: Contract Price P1‚000‚000 Less: Total estimated cost Cost incurred P 200‚000 Estimated remaining cost _400‚000 __600‚000 Gross profit estimated 400‚000 % of completion (200‚000/600‚000) __33 1/3% Gross profit to be recognized P 133‚333 Zero Profit Method: 0 10-2: a P100‚000 2007 2008 Contract Price P9
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CHAPTER 1 INTRODUCTION Background of the Study Computer Technology has been utilized tremendously. It is faced with sophisticated techniques and people’s demand. It has helped them to scope up with the changing time and speed up work in order to be competitive with the rest of the world. Computers as a necessity not a luxury provides people an immediate job and quicker output. And because of this‚ business transactions have been computerized and with just a press of key on the computer‚ you will
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CHAPTER 7 IDENTIFYING AND UNDERSTANDING CONSUMERS 6 Categories of Factors Impacting Shoppers Figure 7-2 .174 Lifestyle: Social and Psychological Factors p. 177 Impact of Perceived Risk Figure 7-3 p. 178 6 Stages in the Consumer Decision Process Figure 7-6 p. 185 3 Types of Decision-Making p. 188 3 Types of Impulse-Buying p. 189 3 Types of Target Market Strategies pp. 191-193 6 Steps in devising a Target Market Strategy Figure 7-10 p. 192 Multiple Choice -
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the nature of work; fair and timely compensation for a job well done. Payroll‚ at its most basic‚ is the process by which an employer pays an employee for work performed. If you own a business‚ but don’t have any employees‚ then you don’t have to worry about payroll. But as soon as you hire your first worker‚ you have a responsibility to pay that employee on time and the correct amount. If employers fail in their payroll duties‚ their workers will be less motivated to fulfill their end of the
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Chapter 7 As a Child THE childhood and youth of Jesus were spent in a little mountain village. There was no place on earth that would not have been honored by His presence. The palaces of kings would have been privileged in receiving Him as a guest. But He passed by the homes of wealth‚ the courts of royalty‚ and the renowned seats of learning‚ to make His home in obscure and despised Nazareth. Wonderful in its significance is the brief record of His early life: "The child grew‚ and waxed strong
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Automated Payroll System Chapter 1-Introduction 1. Background of the Study “Kainan ni Aling Cadiang” was started on November 1997‚ before it was a canteen where in they have four stall located at Farmers Market Araneta Cubao Q.C.In 2004‚ the place was renovated by the Farmers Market Management and turn it into “Dampa sa Farmers Market” Mr.Diosdado Monchito S. Bondoc‚ The stall owner‚ has decided to retain his place on the management. But for this time‚ he only has one stall to operate. The
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CHAPTER 1 THE ACCOUNTANT’S ROLE IN THE ORGANIZATION TRUE/FALSE 1. Management accounting information focuses on external reporting. Answer: False Difficulty: 1 Objective: 1 Terms to Learn: management accounting Management accounting information focuses on internal reporting. 2. A good cost accounting system is narrowly focused on a continuous reduction of costs. Answer: False Difficulty: 2 Objective: 1 Terms to Learn: cost accounting A good cost accounting system
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Cost Accounting - Chapter 1 1. Flexibility is said to be the hallmark of modern management accounting‚ whereas standardization and consistency describe financial accounting. Explain why the focus of those two accounting systems differs. Financial accounting is more about the bigger picture—it evaluates the finances of the organization as a whole‚ using historical‚ quantitative‚ monetary‚ and factual data. It is more formal and requires the use of GAAP. The information financial accounting
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Chapter 7 pgs.182-194 The Rise of Cultural Nationalism Patterns of Education • Republican vision included enlightened citizenry‚ wanted nationwide system of free public schools to create educated electorate required by republic • By 1815 no state had a comprehensive public school system‚ schooling primary by private institutions open only to those who could pay o Most were aristocratic in outlook‚ trained students to become elite. Few schools for poor • Idea of “republican mother” to train
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