high liquidity with low risk while loans are illiquid with higher risk. Financial intermediaries can transform the assets with different liquidity features through diversification of their portfolio. Transaction cost incurred because of time and money spent in performing financial transactions. Prior to granting loans‚ search costs is incurred by both the lenders and borrowers to search for the suitable counterparty. Verification cost is then incurred by lenders to verify the accuracy of information
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References: Hendriksen‚ Eldon‚S. (1990). Accounting Theory‚ 4th ed.‚ Richard D. Irwin Inc.‚ Illinois Littleton‚ A.C.‚ (1985) Schroeder‚ R.G.‚ Clark‚ M.W.‚ & Cathy‚ J.M.‚ (2001). Financial Accounting Theory and Analysis: Text Readings and Cases‚ 7thEd.‚ John Wiley & Sons‚ Inc . Statement on Accounting Theory and Theory Acceptance‚ AAA Susela‚ S.D.‚ Hooper‚ K.‚ Davey‚ H.‚ (2006)
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Reflective Account I’m looking back on today’s work I did with some young pupils I work with‚ they are a little group called ‘ Super Stars’‚ they are called the super stars because they aren’t as up to speed with the other children in class but they have a lot of potential to work with. The super stars are a group of 5/6 children aged up 7-11‚ today we did phonics we did ‘OI’‚ we had to pronounce ‘oi’ sounding it so that they can speak it clearly‚ and I also asked the group to think of words or
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Question 1- Analyze the following transaction under traditional approach. 18.1.2011 Received a cheque from a customer‚ Sanjay at 5 p.m. Rs.20‚000 19.1.2011 Paid Ramu by cheque Rs.1‚50‚000 20.1.2011 Paid salary Rs. 30‚000 20.1.2011 Paid rent by cheque Rs. 8‚000 21.1.2011 Goods withdrawn for personal use Rs. 5‚000 25.1.2011 Paid an advance to suppliers of goods Rs. 1‚00‚000 26.1.2011 Received an advance from customers Rs. 3‚00‚000 31.1.2011 Paid interest on loan Rs. 5‚000 31.1.2011 Paid
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Nadaine Tongco Ross & Specter Co. October 24‚ 2012 1 | P a g e REVENUE CYLCE Assessment of Internal Controls over the Revenue Cycle The assessment of Bradmark’s internal controls over its revenue cycle procedures were done through the analysis of the processes each department is undertaking. For the Sales Department‚ it is but right that the clerk will seek the approval of the credit manager for customers with insufficient available credit. However‚ the credit manager should not only
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REFLECTIVE ACCOUNT UNIT 6 ROLE OF A HEALTH AND SOCIAL CARE WORKER AT 7.15AM I CLOCK IN AND TAKE MY COAT AND BAG OFF AND LOCK THEM IN MY LOCKER SO I AM READY TO START MY SHIFT STRAIGHT AWAY‚ EVEN THOUGH I SOMETIMES SOCIALISE WITH SOME OF THE STAFF I WORK WITH I ENSURE I AM IN THE RIGHT FRAME OF MIND TO WORD PROFFESIONALLY WITH THEM AND NOT PERSONALLY SO THAT WE ARE ABLE TO WORK AS PART OF A TEAM AND ARE ABLE TO DO THE JOBS THAT WE ARE EMPLOYED TO DO‚ THEN I WILL WALK INTO THE DINING ROOM
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A microscope (from the Ancient Greek: μικρός‚ mikrós‚ "small" and σκοπεῖν‚ skopeîn‚ "to look" or "see") is an instrument used to see objects that are too small for the naked eye. The science of investigating small objects using such an instrument is called microscopy.Microscopic means invisible to the eye unless aided by a microscope. There are many types of microscopes‚ the most common and first to be invented is theoptical microscope which uses light to image the sample. Other major types of microscopes
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Survey of Various types of Bank Accounts‚ rate of interest offered Mr. Pinto (name changed on request) of Axis Bank Limited of Nerul Branch was very co-operative when I visited their branch and introduced myself as a 10th Std. student of Ryan International School‚ Nerul and inform my purpose of visit of carrying out a survey on various types of bank accounts available and commonly used in India. He offered me a place to sit and called for water and request to give him some time to complete his
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permission we entered in the room. I said good morning and asked if he is ready to get up. He was very cheerful and agreed to get up. I asked Mr P if he will like to access the toilet first. I made sure this was done in the privacy of the his room using his preferred method of communication which is spoken words. Mr P said that he would like to use commode‚ so I assisted him with the support of my colleague to move him from her bed to the commode. I washed my hands and I put on PPE (gloves
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|1 |The time period assumption states that |D | | |a. a transaction can only affect one period of time. | | | |b. estimates should not be made if a transaction affects more than| | | |one time period. | | | |c. adjustments to the enterprise ’s accounts can only be made in | | | |the time period when the business terminates its operations. | | | |d. the
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