Question Bank MODULE - 1 1. Explain the following terms: (DEC‚ 2010) 1. Direct Cost 2. Indirect Cost 3. Cost Object 4. Cost Driver 5. Cost Allocation 6. Cost Sheet 7. Semi variable cost 2. Write a detailed note on Target Costing. (DEC‚ 2010) 3. Write a note on methods of absorption of overheads. (DEC‚ 2010) 4. Write a note on classification of overheads. (DEC‚ 2010) 5. Write short notes on the following: i. Product Costs ii. Period costs iii. Out of pocket cost
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Four Seasons Hotels and Resorts Floretta Johnson October 20‚2010 Case Assignment Questions 1. What distinguishes the Four Seasons Hotels and Resorts chain in the marketplace? Four Seasons Hotels and Resorts motto and vision statement of “treat others the way you would have them treat you” set the hotel in an advantage point above the other chain. The hotel only hires people that fit in with their vision. They interview all of their employees before they are hired. Four Season Hotel chain
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government lots of different kinds of powers and prohibits it from taking certain actions. The Constitution outlines four major types of power: enumerated‚ implied‚ inherent‚ and prohibited. Enumerated powers are powers given to Congress by the United States Constitution. The creators of the constitution wanted to be sure that the new federal government would not be over using their powers to oppress the people‚ and be like the group they left. Implied powers are often considered to be the “necessary
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planning tool to guide a business to success. Externally‚ a business plan can benefit a venture by proving to potential investors that the business has a timeline and plan to achieve success. Outsiders will be able to obtain a full understanding of what the business is trying to accomplish. While creating a business plan is beneficial‚ some critics argue otherwise. Leigh Richards argues that businesses get “paralyzed by analytics.” This means that businesses get way to caught up in the effort to precisely
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Experimental Errors and Uncertainty No physical quantity can be measured with perfect certainty; there are always errors in any measurement. This means that if we measure some quantity and‚ then‚ repeat the measurement‚ we will almost certainly measure a different value the second time. How‚ then‚ can we know the “true” value of a physical quantity? The short answer is that we can’t. However‚ as we take greater care in our measurements and apply ever more refined experimental methods‚ we can reduce
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UPGRADING THE PC MEMORY • There are different varieties‚ shapes and voltages of RAM. • When planning an upgrade you need to ensure compatibility by considering the following points: Available slots • If the motherboard memory slots are full‚ it may not be possible to add more Memory or it may be necessary to remove some older‚ low capacity memory Modules to make way for new ones. Physical format • It is preferable to stick to the same module format. This format also determines how many modules
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The Boot Camp Debate In any of today ’s society no matter where you look there will be some evidence of crime present. This statement derives from a sociologist theory that says no society can exists without crime. The government is constantly looking for new ways to deal with these reoccurring problems. The focus has been placed upon the government to look into young offenders and the style used to punish them. Weapons possession is quite common among the youth‚ at least in urban Canada‚
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Do you know anyone in your class who never passes their Spelling test? Well‚ I do and that person is me! In grade one‚ I couldn’t spell. So whenever my teacher gave a Spelling test‚ I would always fail. The children in my class teased me and called me nasty names like ‘dumby.’ I knew that if I kept failing my Spelling tests‚ automatically I would get teased and I would feel upset‚ miserable and awful. Being a horrible speller and being teased was my misfortune and it lasted all the way into
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communication ▪ what you want to know -- specific question/instruction‚ general request for information Dear Ms. Tan: I refer to our phone call this morning concerning my credit card account no 1234567. Would you please send me an itemised statement covering my card account for January? Body ▪ summarise why you are asking‚ telling; expand on question/instruction‚ logically‚ politely ▪ separate paragraphs for each main point; use bullets if necessary According to the invoices I have‚ the amount
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Section 7 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. What is a lifestyle? (0.5 points) A life style is a way of living that shows the belief and opinions of a person or group 2. What is the process of earning your income sometimes called? (0.5 points) Earning a living 3. Name at least two industries. (1.0 points) Primary industries and manufacturing industries
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