PROPERTY‚ PLANT AND EQUIPMENT I. Major Characteristics a. Tangible assets (with physical substance) b. Used in business – production or supply of goods or services‚ for rental purposes‚ and for administrative purposes c. Expected to be used for a period of more than one year Examples Property not subject to depreciation – e.g.‚ land Property subject to depreciation – e.g.‚ building‚ machinery‚ equipment‚ furniture‚ fixtures‚ leasehold improvements II. Initial Recognition a. Should comply with
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this Standard Operating Procedure is to describe a program that will adequately measure the efficacy of disinfection of Rooms and equipment in each laboratory‚ RODAC plates can detect the presence or absence of live microorganisms (Longrée and Armbruster 1996). This Method is used to monitor the contamination level of personnel gowns and Personal Protective Equipment (PPE) before or during manufacturing production. The advantages of the RODAC method are that it may be prepared and stored for weeks
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Fail-safe Equipment Corporations today budget for the purchase of extra servers for the main servers for their organization. These extra servers are configured so that they will automatically take over functionality if the main servers stop processing services due to outside attacks or even hardware failures. Any event or transaction that occurs in the main server is continuously replicated to the hard-drive memory of the redundant servers. This replication allows for either server to take control
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Property‚ Plant and Equipment Property‚ Plant and Equipment I- Nature of Accounting Issues Businesses purchase and use a variety of fixed assets‚ such as equipment‚ furniture‚ tools‚ machinery‚ buildings‚ and land. These fixed assets are long-term or relatively permanent assets. Also‚ they are tangible assets because they exist physically. They are owned and used by the business and are not offered for sale as part of normal operations. Perhaps the most descriptive titles these assets are
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P4: “Plan the tools and equipment needed to produce welded components safely using a selected welding process” What is MIG welding? MIG welding which stands for Metal Inert Gas‚ also known as Gas Metal Arc Welding (GMAW) is a welding process in which an electric arc forms between the wire electrode and the metal work piece. This then heats the metal work piece as well‚ causing them to melt and join together. Along with the wire electrode a protective gas called shielding gas is fed through the welding
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Case: Competition in the golf equipment Industry 1.What are the defining characteristics of the golf equipment industry? What is the industry like? The golf industry in total contains 62 Billion Dollars of goods and services. The golf equipment industry in particular contains 4 Billion Dollars. It contains golf clubs‚ balls‚ gloves‚ footwear‚ weges‚ bags‚ irons‚ putters‚ etc. There has been a decline in the industry from 200-2003 and an increase from 2003-2007 especially in drivers and woods
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DEPARTMENT OF CHEMICAL ENGINEERING Indian Institute of Technology Madras Chennai – 600 036 CH 3080 Process Equipment Design Problem set – IA 1. Crude oil‚ specific gravity of 0.887‚ flows through the piping shown in Figure. Pipe A is 50-mm Schedule 40‚ pipe B is 75 mm Schedule 40‚ and each of pipes C is 38-mm Schedule 40. An equal quantity of liquid flows through each of the pipes C. The flow through pipe A is 6.65 m3/h. Calculate (a) the mass flow rate in each pipe‚ (b) the average linear
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------------------------------------------------- Office Equipment Company Case Study ------------------------------------------------- International Management CONTENTS I. SUMMARY II. THE PROBLEM III. ALTERNATIVE SOLUTIONS IV. BEST SOLUTION V. IMPLEMENTATION OF BEST SOLUTION I. Summary The Office Equipment Company OEC was a company that manufactured a wide variety of small office equipment in eight different countries. In one of the‚ El Salvador‚ they encountered the problem
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13/08/2012 Topic 3 Property‚ Plant & Equipment The nature of PP&E • AASB 116 defines property‚ plant & equipment (PP&E) as: • tangible items • with a specific use within the entity • that are expected to be used during more than one period AASB 116 specifically excludes assets held for re-sale PP&E is normally divided into classes. Common classes include land‚ buildings‚ machinery‚ motor vehicles. • • 1 13/08/2012 Initial recognition of PP&E • Cost of an item is recognised as
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Safe Grounds‚ Equipment and Facilities Safe grounds‚ equipment and facilities are important in creating safe participation. It is important that these grounds are kept in a safe order and regularly checked. Equipment needs to be kept in working order. If equipment is not well maintained injuries result. This can be avoided through maintenance of equipment to promote safety. Facilities need to be safe both for the athletes and the spectators
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