ACCRUAL BASIS OF ACCOUNTING Accrual accounting records the effect of a business transaction as it occurs. When the business performs a service‚ makes a sale‚ or incurs an expense‚ the accountant records the transaction even if it receives or pays no cash. Net income from this activity equals the amount of cash received from customers minus the amount of cash paid for raw materials‚ labor‚ and the services of production facilities. If the entire operating cycle occurred in one accounting period
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Current status of public sector accounting in Malaysia- Cash Basis Accounting Revenue is only recorded when the cash is actually exchanged for example‚ when revenue is received as cash and when expenses are actually paid. http://www.quora.com/What-are-the-differences-between-cash-basis-and-accrual-basis-accounting Why government used the cash basis of accounting? Easy to learn and carry out and requires care but no special accounting skills. Well-adapted to needs of budgetary control and payment
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TRAITS AND PERCEIVED STRESS AMONG THE NON-TEACHING STAFF OF CEU MAKATI: BASIS FOR JOB SATISFACTION YSABEL THERESE CORDERO‚ KIRSTEN MAE RAMOS‚ DIANNE MONIQUE VEJANO & AUBREY ROSE ZAMUDIO College of Science and Technology Centro Escolar University-Makati‚ Gil Puyat Ave. Makati‚ Philippines Abstract This study was intended to seek the Personality traits and Perceives Stress of the non-teaching staff of CEU Makati-Gil Puyat as basis for their Job Satisfaction. By the use of purposive sampling technique
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How do banks allocate their costs from the back office to the front office? On what basis are the costs allocated? On what basis do you think would be the most equitable for banks? The various business organizations and banks are seeking tremendous challenges due globalization and its emerging competitive trends. Cost allocation in banks is also one of these competitive challenges in the USA market. Now banks are also revising its polices one after another for an effective marketing strategy
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REACTION PAPER IN PHILOSOPHY (THE MATRIX MOVIE) In life‚ we have two choices: to accept the painful reality of the real world‚ and to believe the illusion of a perfect world. This was evident in the movie The Matrix (1999). The characters in the film‚ especially the main character Neo‚ have to choose to live in ignorance in what one believes to be reality; or to awake to the truth that what one sees as reality is an illusion. Oftentimes‚ I prefer to believe in wonderful ideas‚ the fantasy world
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(sight‚ hearing‚ touch‚ smell‚ taste). However‚ it is generally agreed that there are at least seven different senses in humans‚ and a minimum of two more observed in other organisms. Sense can also differ from one person to the next. Take taste for an example: what may taste great to one person will taste awful to someone else. This all has to do with how the brain interprets the stimuli that are received. Chemoreception The senses of gustation (taste) and olfaction (smell) fall under the category
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L3 HSC Technical Certificate Unit 305 - Understand person-centred approaches in adult social care settings 1. Describe person-centred approaches (1.1.1) Person centred approach is for example me writing a care plan for a client and basing the care plan around them by asking them questions and seeing how they are when doing activities such as person care. This way i can make sure the client will be getting the right amount of time and care. I would be creating a care plan through the eyes of
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Descartes contribution to our notion of a person‚ we need to be able to understand what the term personhood’ means. Unfortunately there is no clear answer‚ with philosophers still presenting conflicting ideas. However by asking questions such as; is personhood’ identical to human being? What is the essence of a person? What relation does a person have with the world? When does personhood begin? At what point if ever does it end? And finally what makes a good person? We move closer to a set of characteristics
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7. An investor is evaluating the use of the bottom-up approach and the top-down approach to fundamental analysis. The investor wants to use the approach that will best enable them to structure a diversified share portfolio that will achieve specified income returns and capital gains. Which approach do you recommend the investor adopt? We can use bottom-up approach to make a comparison of the performance indicators with other similar firms in the same industry and thus mixes a wide variety of investments
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Evaluate Atheism as a philosophical perspective Atheism‚ meaning ’a belief without God’ is a belief that is becoming increasingly popular in the Western society. Essentially‚ some atheists claim to be anti-religion and reject religious dogmas; however‚ I should first establish that there are two different types of atheists. The first is known as positive atheism where the individual not only refute the arguments for the existence of God but also goes a step further to develop arguments. The second
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