Personal Development Record Keeping your personal development record should help you to: identify the experience‚ skills and knowledge that you have already acquired and indeed your strengths and the areas in which you need to develop; identify and use learning opportunities within your area and externally; set goals/targets for future learning and development‚ and take responsibility for your own learning and identify how you can achieve your goals. Learning experiences may include: Courses
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used creative accounting to portray that the company’s profit were increasing when it fact it was making losses during the period 2000 – 2002 Creative accounting can be refers to accounting practices that seem to follow the applicable accounting standards but differ from the essence of those standards. It use the accounting methods to hide some elements of company’s financial dealings in order to make the company appears more successful that it is in reality. Creative accounting also can be describe
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The Bear Minimum Case Summary: Big Bear Power is a public utility with a strong financial position for past several years. The company is in compliance with all its debt covenants because of its positive cash flow. Big Bear leased combustion turbine from Goliath Co. The lease term is non-cancelable for ten years. The lease was signed on December 15‚ 2004‚ but the lessee’s right to use the turbine starts on January 1‚ 2005. Issues and Facts There are three specific provisions associated with the
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Student Number: __________________________ Pages: 12 Questions- Section A: 6 Section B: 15 UNIVERSITY OF TASMANIA EXAMINATIONS FOR DEGREES AND DIPLOMAS October- November 2008 BFA707 THE ACCOUNTING FRAMEWORK Examiner: Mrs Debbie Wills Time Allowed: THREE (3) hours Instructions: This examination paper is to be marked out of 100. It has two sections. Write your student number clearly at the top of this examination paper. Hand in the examination paper. Do not remove any part
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profitability for companies? What is the role of operating leverage? Cost behavior is used to analyze risk and profitability with operating leverage and shifting the cost structure. The cost structure should depend on sales growth expectations. A fixed cost structure should be used for expectations of revenues to increase; however if sales growth is ambiguous a variable cost structure is more plausible. Shifting cost structure from fixed to variable reduces risk and also profitability. Companies with higher
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A Response to a gift is dependent on the person receiving the gift and the situation. This concept of receiving presents and the reaction created‚ is explored in the two stories‚ Three Wise Guys by Sandra Cisneros and The Gift Of The Magi by O. Henry. Similar in theme the two stories have different situations when the gifts are presented. This makes the reaction of the main characters also differ in intensity of gratitude. A huge box arrived at the home of The Gonzales family of the
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I think Equality has the right to be motivated. His primary motivation is to become a scholar. The world would be better a place in my opinion if everyone was as motivated as equality was in the book. Equality’s primary motivation was he wanted to become a scholar. That’s all he ever wanted to be. He wanted to discover new things. “But we loved the Science of Things.We wished to know. We wished to know about all the things which make the earth around us.” (Left side of chapter one‚ paragraph #4)
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“certificate of achievement for excellence in financial reporting” by the Government Finance Officers Association? What is the significance of this award? Yes‚ it is significant because it is the highest form of recognition in the area of governmental accounting and financial reporting‚ and its attainment represents a significant accomplishment by a government and its management. (Page 13) b) What are the key issues addressed in the letter of transmittal? Major initiatives in the city of Charlotte
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Question 1 Discuss the accounting principles and concepts that were violated in the case. Explain the appropriate accounting treatments that should be used. Accounting is a systematic recording of business transactions and statements relating to assets‚ liabilities and summarizes the financial events that occur in a business. There are certain accounting principles and concepts to preparing reports on financial statements. These accounting principles and concepts are usually referred to as
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