than expected in the budget‚ or * Revenue/profits were higher than expected By contrast‚ an adverse variance might arise because: * Costs were higher than expected * Revenue/profits were lower than expected What causes budget variance? There are four key reasons and it is important that good managers recognise the differences‚ because the action required is may be completely different in each case. The four reasons are: 1. Faulty Arithmetic in the Budget Figures 2. Errors in
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Dear Sir/ Madam I am writing to enquire about the available vacancies and graduate programmes in the field of accounting and law in your company. I am a young and vibrant final year student at the North West‚ and I am about to acquire my Bachelor of Commerce degree in Law. I have done volunteer work at the university‚ where I was involved in peer education and counselling and I have developed my skills and learned to work amicably and fruitfully in a team‚ I was inspired to interact with different
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 Date Company Location Misc 11/03 Earl Jorgensen Pine Not hiring 11/03 Muncie Pine Apt. Next Week 11/03 Ryder Pine Corp Freeze 11/03 Grainger Pine Call next Week 11/03 Mac Steel Pine Express/ call next week 11/03 Wej It Pine Not hiring F/U 11/03 Fleet Pride Pine Economy hold 11/03 Dil Beck MFG Pine F/U next Week 11/03 SBS Pine Mystaff/ not hiring 11/03 Rmi Pine Call next week 11/03
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Constitutional Law. Course Tutor: Kingsley Udeh‚ Esq. Assignment. 1.1 . When is the doctrine of covering of field applied ? 1.2 . Give constitutional and case laws basis of the doctrine? 1.3 .When a court and judge that a federal covers the field ‚ What will be the effect? Answers: The doctrine of covering the field applied where there is a conflict between the legislation of a state and the federal legislature on a matter in the concurrent
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The Sam Sharpe Rebellion: Causes of the Rebellion There are several reasons for the 1831 revolt in Jamaica. One of the main reasons given for the revolt was that the enslaved was led to believe that emancipation was being withheld. In Jamaica reports spread among the slaves that their "free paper" had come from England but their masters were holding them in bondage. It was obvious that the slaves knew roughly what was going on‚ but they did not know the precise details. Another cause was the
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Child Name: Harlow 1. How does your baby’s eating‚ sleeping and motor development compare to the typical developmental patterns in the first 9 months? p. 102 – p. 109 a. 5 points for describing VC’s behavior in each of at least two domains and referring to what might be expected at these ages. (10 points) Based on the pediatricians report‚ Harlow is able to digest new foods well‚ so the doctor recommends that Harlow eat a variety of foods from the family dinner (ground up)
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The Submissive Covering In reality‚ most people live through virtual fences as they feel social exclusion and racial covering arises. The fences have double standards either to protect the revered ones in protection‚ whereas‚ the common people are enclosed from society. The imagery of fence in Fences of Enclosure‚ Windows of Possibility and the Covering Hidden Assault Cover ln our Civil Rights shows the theory of the way power structures restrict and control over society. All these fences are
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R.J Reynolds can diversity the risk of the original portfolio better. In Quantitative Analysis‚ we first use Treynor Measure as the ranking criteria and find R.J Reynolds a better choice. Then we employ the Markowitz Mean-Variance Analysis to plot the efficient frontier and construct strategy set. Combined with Alex Sharpe’s risk profile‚ we find the optimal strategy. For years‚ Alex Sharpe has been investing her children’s educational savings in the V anguard Index Fund which tracked the
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Summary 3 February 17‚ 2013 The article‚ “The Sharpe Ratio and the Information Ratio”‚ by Deborah Kidd is about the original risk-adjusted performance measure and they are Sharpe ratio and the Information Ratio. William Sharpe designed the first performance metric to insolate excess return per unit of total risk taken. The Sharpe ratio shows whether a portfolio ’s returns are due to smart investment decisions or a result of excess risk. The Sharpe ratio measure dividends average portfolio excess
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CASE STUDY 3 - Cash Budget SCHEDULE OF EXPECTED CASH COLLECTIONS FROM CUSTOMERS: Credit Sales May June April (94‚000 * 0.70) = 65‚800 65‚800 May (89‚500 * 0.30) = 26‚850‚ June (89‚500 * 0.70) = 62‚650 26‚850 62‚650 June (75‚000 * 0.30) = 22‚500 22‚500 Total Cash Collections 92‚650 85‚150 SCHEDULE FOR EXPECTED PAYMENTS FOR PURCHASE OF INVENTORY Inventory purchases May June April (195‚000
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