Question Compare and contrast and take a decision on the following methods: 1. Full cost method 2. Successful effort method in the exploration and evaluation of oil and gas Solution The alternatives used in financial accounting and reporting by oil and gas producing companies have been grouped under two basic methods of accounting which are: i) The Full Cost Method ii) The Successful efforts method The Full Cost Method An accounting system used by companies that incur exploration costs
Premium Generally Accepted Accounting Principles Petroleum Income statement
Three of the earliest teaching methods were the Grammar-Translation Method‚ the Direct Method‚ and the Audio-lingual Method. Discuss these three methods. Also‚ explain their shortcomings which led to more current approaches in the teaching of grammar to L2 speakers. 1. i) Grammar Translation Method (GTM): Grammar-translation method is the extension of the Classical method which began in Germany (Prussia) in the late 18th century. It was then become popular in the early 19th century. It is one
Premium Linguistics Language education Direct method
MATHEMATICAL METHODS 1. Finding An Initial Basic Feasible Solution: An initial basic feasible solution to a transportation problem can be found by any one of the three following methods: I. North West Corner Rule II. The Least Cost Method III. Vogel’s Approximation Method 1. North West Corner Rule The North West corner rule is a method for computing a basic feasible solution of a transportation problem‚ where the basic variables are selected from the North-West Corner
Premium Supply and demand Opportunity cost Optimization
In this I am going to assess the methods to increase trade between countries and the methods to restrict trade between countries. When asses the methods of encouraging and restricting trade I will talk about the purpose for the methods of promoting and restricting international trade‚ identify how and why they might be used and I will decide how useful each method is giving appropriate reasons for it. International trade is the exchange of goods and services between countries. FREE TRADE This is
Premium International trade European Union World Trade Organization
METHODS OF IRRIGATION The manner in which water is applied to the land is commonly referred to as method of irrigation. These methods are adopted to apply irrigation water to the crop depending on the landscape‚ amount of water and equipment available‚ the crop and method of cultivation of crop. The main aim of these methods is to store water in the effective root zone uniformly and in maximum quantity ensuring minimum water loss and to get optimum yield. Various methods of irrigation are: 1.
Premium Irrigation Soil Water
Lab 4: Methods of limits Elizabeth Bryan Florida State University Lab 4: Method of limits. Sound waves are created when an object vibrates. They have two main components: frequency (pitch; measured in Hertz (Hz)) and amplitude (loudness‚ intensity; measured in decibels (dB)). The method of limits is a psychophysical method in which a particular dimension of a stimulus‚ or the difference between two stimuli‚ is varied incrementally until the participant responds differently. The change in stimulus
Premium Sound Arithmetic mean
MODERN METHODS OF RECRUITMENT [pic] Presented By: Chhatrapal Surve(160) S.Y.BBA INDEX |SR.NO |DESCRIPTION |PAGE NUMBER | |1) |WHAT IS RECRUITMENT? |3 | |2) |TYPES OF RECRUITMENT |4-10
Premium Recruitment Employment
COMPARATIVE METHOD (COMPARISON APPROACH) Principle 1. The subject property is compared to similar properties that have recently been sold for capital value‚ or rented for rental value. 2. The underlying assumption is that if the subject property had been in competition with the comparable property‚ and‚ appealing to the same class of purchaser‚ it would have been in the same market and would have fetched the same price. 3. The principle of substitution is thus intrinsic to this approach
Premium Real estate Real estate appraisal Property
more scientific. The main purpose of this project is to introduce and critically evaluate the following research techniques: case studies‚ questionaires and interviews to all possible readers by giving some examples of applications of these research methods in academic accounting and finance literature. There are many approaches that can be used from researchers to conduct an investigation. Questionaires‚ interviews and case studies are some of them. In agreement with (Yin 2009)‚ case study as a reserch
Premium Qualitative research Scientific method
TABLE OF CONTENTS 1.0 INTRODUCTION Among the factors of production‚ the human resource element of any organization is most strategic and paramount. Performance appraisal therefore‚ is an important means by which organizations improve their chances of attaining their key operational goals. Employees‚ who know what and how much is expected of them‚ are likely to be more effective than those who are unclear about their role. It is in the light of this that organizations these days are becoming
Premium Sampling Scientific method Qualitative research