whether these expenses have been paid in cash or not in that year. The same holds true for revenues‚ i.e.‚ revenues earned in a specific accounting period are construed as incomes of the same period‚ irrespective of their receipts. This concept is also known as the accrual theory of accounting or accrual accounting. This concept applies equally to revenues and expenses. In the accrual basis of accounting Revenue is recognized when it is realized‚ that is‚ when the sale is complete or not. Similarly
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MacIntyre once wrote “Politics has become civil war carried on the others means.” These means consist of the deeper underlining cultural and philosophical issues in the modern day politics. Charles Taylor in his essay the The Politics of Recognition examines the inherited philosophical issues of the recognizing need of identity within the society. This issue of recognizing‚ finding‚ and defining one’s identity is impossible to do without the strong influence of the public sphere. As a society we
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Revenue Management Final Exam‚ 2010-11‚ Block C Dr. Lily Lin‚ MBA‚ Mr. P. Griep‚ Dr. M. Lewison‚ & Dhr. F. de Vries Student Name: __________________________________ Student ID: __________________ Below is a hotel case. You are required to answer all of the questions based on your theoretical knowledge and application skils: * Terminologies/abbreviations in the case are a part of the exam. No additional explanation will be given.. * All necessary information is included
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INTERNATIONAL TELECOMMUNICATION UNION CCITT THE INTERNATIONAL TELEGRAPH AND TELEPHONE CONSULTATIVE COMMITTEE TERMINAL EQUIPMENT AND PROTOCOLS FOR TELEMATIC SERVICES INFORMATION TECHNOLOGY – DIGITAL COMPRESSION AND CODING OF CONTINUOUS-TONE STILL IMAGES – REQUIREMENTS AND GUIDELINES Recommendation T.81 T.81 (09/92) Foreword ITU (International Telecommunication Union) is the United Nations Specialized Agency in the field of telecommunications. The CCITT (the International
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trillion won ($5 billion) on annual sales of 43.6 trillion won ($37.9 billion). As of April 2004‚ its market capitalization stood at around 100 trillion won ($87.4 billion). It had also surpassed Sony‚ which had been a benchmark for Samsung‚ in terms of revenues and market capitalization. (Exhibit 1) Samsung’s exports currently account for two-thirds (79%) of total sales. In addition‚ Samsung has built its brand around the world; in 2003‚ the ‘Samsung’ brand was ranked 25th in the annual BusinessWeek/Interbrand
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Facial recognition technology has been very questionable on a national level and potential misuse of the technology has raised questions among very many people. Facial recognition is used by the police around the world to identify subject. Some people think that the facial recognition technology goes against constitutionally protected rights. The software identifies people from the different “points” on their face. Facial recognition is a controversial issue among the law and people because of the
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Accum. depreciation-Trucks - Equipment 45‚000 Accum. depreciation-Equipment 12‚200 Accounts payable 5‚000 Estimated warranty liability 1‚400 Unearned services revenue - Interest payable - Long-term notes payable 15‚000 D. Buggs‚ Capital 59‚700 D. Buggs‚ Withdrawals 10‚000 Extermination services revenue 60‚000 Interest revenue 872 Sales (of merchandise) 71‚026 Cost of goods sold 46‚300 Depreciation expense-Trucks - Depreciation expense-Equipment - Wages expense 35‚000 Interest expense
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independent and find a job. Athletes have school and sport practice so it is hard for them to find a job that compatible with school and practice. Athletes are not being paid by people money or tax; in fact‚ the revenue they make‚ they get from it. If the athlete making millions and all the revenue goes to the university that is not fair‚ because the athlete worked too hard to earn this money. However this essay will be focusing on should athletes be paid? People don’t want athletes to be paid as
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Revenue Enhancement action plan and strategy Assignment project: Business strategy Prepared By : Ajmal Rasheady Date: 2013 Introduction Municipalities in Afghanistan are created for management of city affairs and to provide for the general welfare of their inhabitants. In spite of this huge responsibility toward city and citizens‚ municipalities are the non-budgetary units of government and are authorized to generate their own revenues. Given this fact‚ we realize that urban development
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Part A - Background and Business Profile of Creative Technology Ltd Creative Technology is a publicly listed‚ Singapore-based company founded in July 1981 by a Singaporean Sim Wong Hoo and is a market leader in digital entertainment products. He first set up a small shop in Singapore together with his classmates; developing and selling add on memory boards for Apple II computers and later began building Personal Computers for retail with initial start-up of $6000 from Sim’s own savings. Their
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