Tanzania Business Cycle. Tanzania is one of the poorest countries in the world. According to the United Nations’ data approximately 36% of the global population (43.7 million people) lives below the poverty line. This signifies that the per capita income of Tanzania is relatively low. The Tanzanian economy depends highly on agriculture‚ which makes up 40% of the Gross Domestic Product (GDP)‚ provides 85% of exports and employs about 80% of the labour force. The remaining 20% is employed either in
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between accrual-basis accounting and cash-basis accounting? The variation between accrual basis accounting and cash basis accounting‚ is how cash is documented. Cash basis is an accounting basis that is used when expenses and revenue are paid out or received. This is when the transaction will be recorded. In accrual-basis accounting‚ transactions are recorded when they actually happen. Payment does not need to be made for the transaction to be recognized in accrual-basis accounting unlike cash-basis
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(1) Total variance = total actual cost – total standard cost (2) DM variance = DM price variance + DM quantity variance (3) DL variance = MOH variance = Example 1: Xonic Beverage company uses standard costs to measure performance at the production facility of its caffeinated energy drink‚ Xonic Tonic (XT). The standard direct materials price per pound is $3.00 (which includes cost of the direct material‚ the freight cost and the cost
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Company profile Hero Cycles Limited‚ based in Ludhiana Punjab‚ India‚ is the largest bicycle and related products manufacturing company of India. Hero group was started by the four Munjal brothers‚ hailing from a small town called Kamalia‚ now in Pakistan in the year 1944 by establishing bicycle spare parts business in Amritsar. After independence and partition of India‚ they moved to Ludhiana and started a bicycle unit called Hero Cycles in 1956. By 1975‚ Hero cycles became the largest bicycle
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Management Accounting The wake of the 21st century brings with it more challenges than the long awaited relief amidst the corporate world. Even with the improvement and introduction of cutting edge technology‚ management issues still remain a hassle even with the best tools and the best brains in the trade. Problems and issues pertaining to management are very sensitive especially when it comes to managing a company’s finances. The waxing and waning of the world economy makes this process even harder
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What is the Product Life Cycle? Why the Product Life Cycle is a concept closely related situation analysis and the marketing mix? The Product Life Cycle is a concept that describes the stages in which a product generates revenue. There are four stages in the product life cycle. The stages are the Introduction‚ Growth‚ Maturity and Decline. The Introduction stage is the used to create an awareness of the product and inform clients of the benefits of purchasing their particular brand. At the introduction
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also to have a supervision that is fundamentally humane‚ and is emancipated from the dogma and authoritarianism and vested interests of administration.” It has typified much of the supervision we have known before. Clinical supervision is a process‚ a distinctive style of relating to teachers and it is the professional development of the pre-service or in-service teacher. There are three phases of the clinical supervision cycle which consists of a planning conference‚ classroom observation‚ and feedback
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Alexandre Guay A.P. Literature The Cycle of Nature The term "germinal" does not make any appearance in Emile Zola ’s novel‚ even though it is used as the title. The word itself represents the seventh month of the Republican calendar‚ which starts in March and ends in the middle of April. The Republican calendar is a calendar that was created by the French government during the French Revolution. Used for twelve years‚ the calendar had twelve months that had a certain relationship with the
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Provide an example. According to Johnson‚ policy cycle is the sequence of activities involved in making and revising public policies. Basically it is a process‚ that goes through number of steps‚ from a starting point‚ where the makers of the policy begin to think of problem that need policy to a end point‚ where the policy has been applied and makers believe it will have positive impact on the society. Johnson also stated that the policy cycle goes through three early stages that are agenda setting
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Geiger DATE: June 19‚ 2011 SUBJECT: Manual Accounting Modifications for Expanded Business M E M O R A N D U M This memo is to advise you of the best possible ways for you to modify your current manual accounting system to accommodate the expanded business activities for your retail store. Pursuant to our conversation‚ you generally obtain your goods on credit using purchase orders‚ and your sales are primarily cash. You currently keep your manual accounting system using a general journal and a general
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