The Accrual basis of accounting is far superior to the Cash basis of accounting. Discuss. The difference between accrual and cash basis of accounting is cash basis accounting recognizes revenues and expenses depends upon on timing. Cash basis accounting is simple‚ recognizes revenues when cash is received and recognizes expenses when cash is paid out only. It does not record accounts payable or receivable. For example‚ paid a service invoice on Feb‚ the expenses will be recognized as expenses on
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killed in a car accident that had nothing to do with drink driving. What if you lost someone because of something so stupid and so preventable as drink driving? This is why my three factor are: 1) How does alcohol affect your driving? 2) Short term and long term effects and 3) How to prevent it? How does alcohol affect your driving? I chose this factor because people aren’t just getting told that alcohol affects their driving. They see how their driving will be affected if they drink too much alcohol
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The use of non-recourse project financing has grown steadily in emerging markets‚ especially in basic infrastructure‚ natural resources and the energy sector. Because of its cost and complexity‚ project finance is aimed at large-scale investments. The key is in the precise estimation of cash flows and risk analysis and allocation‚ which enables high leverage‚ and in ensuring that the project can be easily separated from the sponsors involved. Project finance is more difficult in emerging countries
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Over the past few decades‚ domestic violence has been acknowledged as a significant health and social problem that creates short-term and long-term consequences for families. Even though there is an obvious distinction of women as the primary victims‚ it has become increasingly clear that the children in these families are greatly impacted as well. Due to the practical‚ conceptual‚ and methodological difficulties‚ the research conducted on children’s exposure to domestic violence varies significantly
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It is true that using cell phones can lead to bullying and make some people use it inappropriately‚ but with strict teacher monitoring the technology will be used correctly. John Cloud depicted in Gadgets to Class: “... kids can use devices only with a teacher’s permission... and make sure they use the technology safely.” (John Cloud) John Cloud has done extensive research in schools that allow technology. John Cloud not only found any repeat offenders of using the devices inappropriately‚ but found
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any other supermarket. Throughout the Stakeholders Report‚ phrases like “our emphasis on the highest quality perishable items” and “we adhere to the highest quality standards” reinforce that concept of product leadership. Perishable product sales account for about 67% of total retail sales. Customers choose Whole Foods Market primarily because they are able to buy better natural and organic foods and higher-quality perishable products than in conventional supermarkets. Further evidence of the product
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Should animals be used for scientific research and experimentation? From ancient times‚ humans have relied on animals for their survival either as food (sheep‚ cow) or for competition (horses) and companionship (dogs). As humans became more familiar to their environment‚ they then also started utilizing animals for attainment of knowledge dating back to the days of the great physician Galen (129-200 AD)‚ who used animals to exhibit that arteries contain blood and not the air (qtd. in Giridharan)
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CPA REVIEWS NOTES- INTERNATIONAL FINANCE TOPIC 1: INTRODUCTION TO INTERNATIONAL FINANCE Learning objectives After reading this topic you should be able to: • • • • • • Understand the background of international finance Define international finance Explain the reason for studying international finance Explain the roles of international financial manager Understand the background of multinational corporations Distinguish between international finance and domestic finance 1.1 BACKGROUND TO INTERNATIONAL
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same way‚ i.e.‚ bondholders can sue its managers if the firm defaults on its debt. 3) The retained earnings account on the balance sheet does not represent cash. Rather‚ it represents part of the stockholders’ claim against the firm’s existing assets. Put another way retained earnings are stockholders’ reinvested earnings. a. True b. False (4) In finance‚
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ROLE AND PURPOSE This subject aims to introduce to students a range of basic concepts and ideas in modern finance. After completing this subject‚ participants should know the principles involved in making investment and financing decisions‚ understand functions of financial markets and financial managers‚ and possess basic knowledge of option pricing and financial planning. This foundation course prepares students for more in‐depth studies at a later stage. LEARNING OUTCOMES Upon completion of the
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