to exposed students to different methods of inventory valuation. Students must know about LIFO and FIFO. Second Objective: The second objective is to introduces the idea that companies have choices about accounting policies to preparing their financial reports. FIFO Method: FIFO involves the assumption that goods sold are the first unit that we purchased that the oldest goods on hand. The remaining inventory is comprised of the most recent purchases. LIFO Method: In LIFO method units sold
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Ch 8: Financial Reporting and Management Reporting System GL master ledger: the principal file in the GLS database. Based on chart of accounts. FRS draws upon GL master to produce the firm’s financial statements General ledger history file and journal voucher history file- prior period info Responsibility center file: contains revenues‚ expenditures‚ and other resource utilization data for each responsibility center in the organization (used for responsibility reports) Budget master file: contains
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and discuss the moral issue of withdrawal of life-sustaining medical treatment from a Catholic perspective‚ I needed to have an understanding of what Bioethics refers to. It is a shared reflective analysis and discussion of ethical issues in health care‚ health science‚ and health policies. It engages dialogue and thought from our society comprising of doctors‚ patients‚ scientists‚ politicians and the general public (What is Bioethics? 2014). Using Bioethics as a framework
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Standards of Practice‚ Laws and Rules Sabrina Sibert Ohio University Standards of Practice‚ Laws and Rules The purpose of this paper is to identify the legal aspects of nursing‚ in laid in accordance to the scope of practice‚ and the standards of care registered nurses (RN) are held accountable for. I will attempt to give a prospective of the American Nurses Association (ANA)‚ scopes and standards of practice and Michigan Nursing Associations (MNA)‚ as it relates‚ the relevant laws to individual
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nationals in health and social care Unit title principles of health and social care practice There are many department in health and social care‚ there are provides health care practices in various different of organisations by considering the philosophy of care that provide the rights of the patient. The care practice provides the great support to the patient by providing their protection and make sure they are safe in all aspects of the care organisation and service. The philosophy of care they recognise
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Building Ethical Business Organization – The Indian Way Presented by : Sudeep Jaiswal A 305‚ Gayatri Apartments Sector 9 Plot 9‚ Dwarka New Delhi – 110077 Mob. : +919999298833 e-Mail : sjaiswal.gvs@gmail.com Ethics and It’s Genesis The ancient philosophers‚ they grappled with three areas of enquiry – Satyam‚ Shivam‚ Sundaram – Truth‚ Goodness and Beauty. From these came out logic‚ ethics and aesthetics. While logic tries to answer the questions regarding something being true/ correct
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the most important resource of any company are its employees; therefore competent manager need to have the clear understanding what motivates their subordinates to achieve effective performance as from efficiency of their work the success of the organization depends. Consequently‚ the task of manager consists in as much as possible effectively to use personnel opportunities. In independence on the manager decision the effect from it can be received only in case if this decision would successfully be
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discontinued operations and before the effect of changes in accounting principles Discontinued Operations: A component of a business is defined as a segment for which operations and cash flows can be distinguished both operationally and for financial reporting purposes. It has to be sold in full. Check of impairment of segment if not sold off by the end of the year. Reported net of tax and must restate all previous reports. Asset Impairment: check undiscounted cf and reduce to fair value. Cannot
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the world health organization? The world health organization is an agency of the United Nations whose main function is to promote health and control communicable diseases. The Organization was established in 1948 as a specialized agency of the United Nations serving as the directing and coordinating authority for international health matters and public health One of WHO’s constitutional functions is to provide objective and reliable information and advice in the field of human health‚ a responsibility
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References: dopting High Personal Values. Retrieved May 7‚ 2006 http://www.gurusoftware.com/GuruNet/KnowledgeBase/Personal/AchievingLifeValues.htmNational Organization for Human Services: Ethical Standards of Human Service Professionals. Retrieved May 9‚ 2006‚ from http://www.nationalhumanservices.org/ethics.htmlThe National Academies Press (2002): Report‚ Committee to Review the Scientific Evaluation on the Polygraph (National
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