between accrual-basis accounting and cash-basis accounting? The variation between accrual basis accounting and cash basis accounting‚ is how cash is documented. Cash basis is an accounting basis that is used when expenses and revenue are paid out or received. This is when the transaction will be recorded. In accrual-basis accounting‚ transactions are recorded when they actually happen. Payment does not need to be made for the transaction to be recognized in accrual-basis accounting unlike cash-basis
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Nature of Accounting and the Accounting Standard Background Accounting is an important part for business and it is dubbed “language” of business activities conducted by firms. People think it is used to communicate business transactions per se to all stakeholders. However‚ some people argue that the functions of accounting are not that easy. Except the communication tool‚ accounting acts as many other difference roles in business. When doing accounting‚ different standard may be used. There are
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Chapter 3: Cost-Volume-Profit Analysis 95 Chapter 3 Cost-Volume-Profit Analysis SOLUTIONS LEARNING OBJECTIVES Chapter 3 addresses the following learning objectives: LO1 LO2 LO3 LO4 LO5 LO6 Explain the concepts of cost-volume-profit (CVP) analysis in decision making Apply CVP calculations for a single product Apply CVP calculations multiple products Describe the assumptions and limitations that mangers consider when using CVP analysis Assess operational risk using margin of
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ethics in accounting and financial decision- making is a process that many organizations have trouble dealing with. Many organizations put emphasis on ethics and the financial decision making process within the organizations( www.managemyaccounting.com(2007). It is expected that all organizations will behave in an ethical manner in the current economy. (www.managemyaccounting.com(2007). In today ’s business world‚ it is difficult to define what ethics are because of the different ethical beliefs people
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ETHICAL FRAMEWORK‚ LIMITS OF PROFICIENCY AND THE LIMITATIONS ON COUNSELLORS COMPARED TO OTHER PROFESSIONS THAT USE COUNSELLING SKILLS. The Ethical Framework is made up of rules and regulations within which Counsellors and Psychotherapists strive to achieve in order to attain a high professional standard. It protects client and counsellor and compounds values‚ principles and personal moral qualities for counsellors to work alongside in order to achieve the highest standard of counselling for clients
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History of the Physician Assistant Profession The role of the physician assistant (PA) was created to help bridge the gap in medical care‚ especially in rural environments‚ which has been a concern of doctors for centuries. During periods of war non-physicians were used as a means to provide medical care to soldiers and in prisons. In 1965 Duke inaugurates the first “physician assistant educational program”‚ which consists of four Navy corpsmen. Later on‚ the first baccalaureate degree was approved
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Accounting Practice: It is the routine manner in which the day-to-day financial activities of a business entity are gathered and recorded. A firm’s accounting practice refers to the method by which its accounting policies are implemented and adhered to on a routine basis‚ typically by an accountant and auditor or a team of accounting professionals. Accounting in Bangladesh: In Bangladesh‚ the profession of Accountancy developed during the British colonial period. Today it is represented by two professional
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BBC news only 10% of male are in nursing. It means that it is difficult for male who wants to do nursing. Nursing all over the world has always been female dominated profession. As cited in Rasch (2005) “a number of gender barriers for men in the nursing education process‚ mainly due to feminization of this process and the profession” (pp47). It should be acknowledged those females are in great numbers then male in nursing. But it does not mean that male should be suppressed in nursing and their rights
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Background of the study Our study’s scope is within the local‚ specifically the post-partum mother. “DO WE NEED RESPONDENTS?” “YES WE DEFINITELY NEED ONE“ hypothesis:based on questions asked :D of course we need a questionnaire for this matter :D Significance of the study 1. For mothers - Cleanliness in the perineal area is important‚ so as to decrease the risk of infection and to promote blood flow. 2. Individuals who would extend their knowledge about said intervention.
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Name: IST120 Midterm Study Guide True/False Indicate whether the statement is true or false. F 1. Today‚ the help desk is primarily considered a stepping stone to other professions. F 2. A support center typically has a smaller scope of responsibility than a help desk so it can provide more thorough service. F 3. It is standard practice on most help desks not to log easy-to-solve or common complaints. T 4. Monitoring is when a supervisor or team leader listens to a live or recorded
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