Mathematics is eyes‚ears‚heart‚lungs and above all the basic developing tonic of any human civilization.Maths develops‚Maths reforms and Maths benefits. If maths is removed then there will be no rational thinking.The logic will lose its sense and in the absence of all these vital components there will be no new inventions in the realm of science and business and all of a sudden there will be no difference human and animals.Without maths the whole world will go mad and economy will be badly affected
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Financial Statements for Internal Reporting Purposes vs. Financial Statements for External Reporting Purposes It is common in most companies to maintain two set of financial statements; one being used/presented for internal reporting purposes and another for reporting externally. Internal reports are used primarily to aid management in the decision making process throughout the course of the business. These are subject to internal audit to make sure that all information reported are fair and correct
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Chapter 1 An Overview of Financial Management and The Financial Environment ANSWERS TO END-OF-CHAPTER QUESTIONS 1-1 a. A proprietorship‚ or sole proprietorship‚ is a business owned by one individual. A partnership exists when two or more persons associate to conduct a business. In contrast‚ a corporation is a legal entity created by a state. The corporation is separate and distinct from its owners and managers. b. In a limited partnership‚ limited partners’ liabilities‚ investment returns and control
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What is the effect of revenue sources on financial reporting at the hospital? o How are the hospital’s revenues and expenses grouped for planning and control? (one section) dennis HOW IS FINANCIAL PERFORMANCE MEASURED? Measuring hospital financial performance is commonly performed by analyzing margins (I.e.‚ the difference in revenue vs. expenses). Margins can be expressed by using financial ratios and as dollar amounts. OSHPD uses two financial ratios to measure a hospital’s financial
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What would happen nowadays without cars? How would it be to use everyone public transport? Cars are the answer to our needs to be independent of each other and to travel freely wherever we want. History The cornerstone of the BMW empire dates back to 1916 in Munich‚ when Franz-Josef Popp and Max Friz set up Bayerische Flugzeug-Werke (Bavarian Aircraft Industry) on March 7th. Thus‚ contrary to expectations‚ the beginnings of BMW consisted of the production of aircraft engines‚ not cars. Two years
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Analyse data and document client requirements Inside this reading: Analysing client requirements 2 Data flow diagrams 3 Data dictionaries 10 CASE tools 14 Confirming client requirements 15 Documenting client requirements 22 Summary 26 Analysing client requirements Before you can start to analyse the information you have gathered you should think about what you are trying to achieve. The client has presented you with a business problem. In order to solve this problem you need to undertake
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Requirements for Reporting Comprehensive Income FASB topic 220-10-45 outlines what is required for companies to report comprehensive income (CI). To do this‚ the entity must report CI either in a single continuous financial statement or in two separate but consecutive financial statements. If an entity prefers to report CI in a single continuous financial statement‚ then the entity must report the components in two sections entitled net income and other comprehensive income (OCI). For both net
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Executive MBA Financial Reporting Course Book 2012-13 ACC40380 Financial Reporting (Midweek Blackrock) ACC40390 Financial Reporting (Weekend Blackrock) ACC40400 Financial Reporting (City) Course Outline Aims of course In the current economic climate as the credibility and reliability of financial reporting comes under sustained scrutiny an appreciation and understanding of the financial reporting process has become
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What would happen without animal testing? Imagine a world where everybody is sick. Thats what will happen without animal testing‚ where humans would experiment on each other to keep us “safe”. Medical testing on animals is good for these reasons: it helps in the development in medicine‚ finding and curing new diseases‚ and keeping humans from dying from the new drugs that have defects. Medicine Medicine is a necessity for human life in the current generation with all the current and new diseases
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CORPORATE FINANCIAL REPORTING Assignment #1 On * Sukuk (in context to Pakistan) * Listing requirements by KSE * IFSB * History of Accounting Standards and Adoption of IFRS * Deloitte Pakistan/Global Deloitte (1) Sukuk (in context to Pakistan) Sukuk is the Arabic name for financial certificates‚ but commonly refers to the Islamic equivalent of bonds. Since fixed income‚ interest bearing bonds are not permissible in Islam‚ Sukuk securities are structured to comply
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