(This is the 2nd submission.) Group Discussion Board Forum 1 Shirley Johnson L25081202 Linda Meadows This report addresses question 3‚ identify any special advantages and/or disadvantages the owner(s) experience in operating this form of business organization. I will also speak to the way in which a Christian owner’s faith will determine how the business is operated. I have selected the sole proprietorship form of business to discuss. The sole proprietorship form of ownership is a business
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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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INTRODUCTION (COMPANY’S BACKGROUND) The Inland Revenue Board of Malaysia (IRBM) is one of the main revenue collecting agencies of the Ministry of Finance. IRBM was established in accordance with the Inland Revenue Board of Malaysia Act 1995 to give it more autonomy especially in financial and personnel management as well as to improve the quality and effectiveness of tax administration. The Department of Inland Revenue Malaysia became a board on March 1‚ 1996‚ and is now formally known as IRBM. The
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Financial Reporting and Analysis – ACG6175 Date: 5/18/09 Revenue Recognition Problems in the Communications Equipment Industry 1 – In late 2000‚ Lucent announced that revenues would be adjusted downwards by $679 million as a result of revenue recognition problems. Yet the firms market capitalization plummeted by $24.7 billion. Why do you think the market reacted so negatively to Lucent’s announcements of the problems? There is usually a grey zone between aggressive accounting‚ which
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Theories o Role Theory o The Managerial Grid Participative Leadership o Lewin’s leadership styles o Likert’s leadership styles Situational Leadership o Hersey and Blanchard’s Situational Leadership o Vroom and Yetton’s Normative Model o House’s Path-Goal Theory of Leadership Contingency Theories o Fiedler’s Least Preferred Co-worker (LPC) Theory o Cognitive Resource Theory o Strategic Contingencies Theory Transactional Leadership o Leader-Member Exchange (LMX)
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people‚ for human resource is the most valuable resource any organization has. Top management is identifying corporate core competencies and working to establish them throughout the organization. Human Resource Development builds competency based models that drive business results. Nucsoft recognises that the future of the organization depends on their competent employees than on any other resource. It is a major factor that determines success for nucsoft. Competencies are the inner tools for motivating
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Communication models One of the key tasks of social marketers is to develop effective messages which provide individuals and organisations with the information required to achieve behavioural change. Communication represents the ‘transmission of information‚ ideas‚ attitudes‚ or emotion from one person or group to another’. There are many models and frameworks available to help with communications planning. The communication process involves: the sender‚ the message itself‚ encoding the message
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Everything You Wanted to Know About Logic Models But Were Afraid to Ask This paper addresses situations where a private foundation designs an initiative and awards grants to a number of sites to participate in the initiative in their local setting. The basic ideas are applicable to other situations. What is a Logic Model? The term "logic model" comes from the evaluation field‚ but these models don’t just belong to evaluators or the evaluation plan. As the term suggests‚ they are a basic
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A model is a simplified representation of some aspect of the world. In what ways may models help or hinder the research for knowledge? A model by definition is “a schematic description of a system‚ theory‚ or phenomenon that accounts for its known or inferred properties and may be used for further study of its characteristics”(source) that implies that a model is supposed to be a helping hand while searching for knowledge in any subject. Sometimes however models can appear to be quite confusing
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long and tiresome and the models do not get enough meal breaks or sleep. The Council of Fashion Designers of America‚ in the past‚ has made weak efforts to enforce the regulations for models that are underage. Young models are developing eating disorders and unhealthy body image due to the pressure to be the size that the fashion industry requires. The Council of Fashion Designers of America (CFDA) should make the rules stricter about the work environments for underage models because they are malnourished
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