transaction as they arise and reduce the detail in the ledgers. So‚ when an invoice comes in from a supplier of raw materials‚ it will be recorded in the purchase journal‚ once it has been certified as a valid invoice. After the journal entries‚ the next step is to post the journal entries into account. Ledger Account also known as “T” Account and Account. Ledger accounts categorize these changes or debits and credits into specific accounts‚ so management can have useful information for budgeting and
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Section 1: Introduction to the Study Introduction Student learning and ways to involve them and their parents more in their learning has remained a challenge for educators. An exploration for increasing student learning and accountability has led educators to include students in the conference process. A way of including students in their academic performance and allowing them an opportunity to directly assess their classroom work has brought about a change from traditional parent-teacher conferences
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All of these situations are examples of ethical situations that corporations face everyday. Ethical behavior can exist through technology‚ intellectual property‚ and quality of life‚ accountability‚ privacy‚ as well as ethical principles. When corporations are faced with
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Principal-agent problem is a particular game-theoretic description of a situation. There is a player called a principal‚ and one or more other players called agents with utility functions that are in some sense different from the principal’s. The principal can act more effectively through the agents than directly‚ and must construct incentive schemes to get them to behave at least partly according to the principal’s interests. The principal-agent problem is that of designing
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Harry Voll September 1‚ 2014 While reflecting upon the six ELCC standards and how they relate to the current district practices I am drawn to the evaluation tool that is used by my superiors to evaluate my performance as principal of an elementary school. Visioning‚ Positive School Culture‚ Management of staff‚ facilities‚ and resources‚ community engagement‚ knowledge of the law and the role of a professional community‚ and using data to make informed decisions are the underlying
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company issue a share having face value of Rs 10 at Rs 8 Give two examples of ‘Capital receipts’. Give two circumstances in which sacrificing ratio may be applied (1) (1) (1). (1) (1) Show how you would deal with the following items in the final accounts of a club: (3) Debit credit Prize fund Prize fund Investments 1‚20‚000 Income from Prize fund Investments Prizes awarded 9000 Q7. 1‚20‚000 12000 A‚B and C are partners sharing profits and losses in the ratio of 1 : 2: 3. They have omitted interest
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several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders‚ should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships exist whenever
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Chapter 3 Organizational Culture and Environment: The Constraints True/False Questions THE MANAGER: OMNIPOTENT OR SYMBOLIC? 1. In the symbolic view of management‚ managers are seen as directly responsible for an organization’s success or failure. (False; easy; pp. 58-59) 2. The current dominant assumption in management theory suggests that managers are omnipotent. (True; moderate; p. 58) 3. The view of managers as omnipotent is consistent with the stereotypical picture of the take-charge business
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m.Module 3 CAPITAL BUDGETING Meaning of Capital Budgeting :- Capital Budgeting is the process of making Decisions regarding long term investments in Fixed Assets which are not meant for sale. It is long range planning to employ the available capital for the purpose of maximizing the long term profitability of the concern. Definition of Capital Budgeting:- Prof I.M.PANDEY Defines Capital Budgeting as the firms decision to invest its current funds most efficiently in long term activities
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To appear in: Moutinho and Hutcheson: Dictionary of Quantitative Methods in Management. Sage Publications Principal Components Analysis Introduction Principal Components Analysis (PCA) attempts to analyse the structure in a data set in order to define uncorrelated components that capture the variation in the data. The identification of components is often desirable as it is usually easier to consider a relatively small number of unrelated components which have been derived from the data than
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