Accounting‚ or accountancy‚ is the measurement‚ processing and communication of financial information about economic entities. Accounting‚ which has been called the "language of business"‚ measures the results of an organization ’s economic activities and conveys this information to a variety of users including investors‚ creditors‚ management‚ and regulators. Practitioners of accounting are known as accountants. Accounting can be divided into several fields including financial accounting‚ management
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creation of “something out of nothing” whereas it actually is “the radical and effective change of something understood deeply” (Robinson and Hackett 1997). General Motors is certainly trying to appreciate this‚ and the company is always seeking to bring new products - or improvements to their current products - to market. COMPANY BACKGROUND General Motors Corporation‚ also known as GM‚ is the world ’s largest automaker and has been the global industry sales leader for 75 years. Founded in 1908‚ GM
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Table of Contents Case 1 Introduction Jill’s business is expanding while the up going GST prevent her from gaining more profits. The idea of replacing the labor with the help of new equipment will bring about an unprofitable break-even point. However Jill still insist on borrowing from bank to invest in the equipment regardless of the CVP analysis result‚ which raised some ethical issues. Analysis Question 1 Defining the stakeholders There are 5 major stakeholders arising
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the following statements is or are true? I. The co-ownership of business property‚ where only minimal services are provided by the owners for their tenants‚ generally constitutes a partnership for federal income tax purposes. II. As a general rule‚ when a person obtains an interest in partnership capital through rendition of services‚ compensation (ordinary) income is recognized to the extent of the fair market value of the interest received. a. I only. b. II only. c. Both I and II
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Obstacles faced by SMEs in recruiting employees in international market Introduction Selecting and recruiting an employee is always an important goal for an organization because hiring an effective and efficient person makes a beneficent addition to the company. As the world is getting more global‚ organization are spreading their business in international market. And when an organization enters a new market its first goal becomes to select a team that knows the culture of the market well. Big
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sector in India has come a full circle from being an open competitive market to nationalization and back to a liberalized market again. Tracing the developments in the Indian insurance sector reveals the 360 degree turn witnessed over a period of almost two centuries. A brief history of the Insurance sector The business of life insurance in India in its existing form started in India in the year 1818 with the establishment of the Oriental Life Insurance Company in Calcutta. Some of the important
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Predictably Irrational Are we rational‚ as most economists claim‚ in our daily monetary transactions? Do we truly understand and carefully evaluate the real value before every economic decision? As the book titled: Predictably Irrational‚ the author‚ Dan Ariely‚ argues that people’s economic behaviors are rather irrational‚ yet predictable through psychological explanation. He experienced third-degree burns when he was a teenager. The treatment for this unfortunate event took up much of his social life
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Effects of Downsizing on Employees Statement of Problem Downsizing is a major problem faced by employees during tough times of recession. Apart from the economic reasons‚ they also have severe psychological effects on the employees. This project is about comprehending the effects of cut backs on employees. Employees suffer from severe self-esteem issues‚ due to which it’s very hard for them to jump back into the same mental stableness. The structure of this study is to assess the effects of downsizing
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Melissa Green MOTIVATING AND REWARDING EMPLOYEES The processes of motivating employees is one of the most important functions of management. One of the biggest challenges faced by managers is getting employees to do what they are supposed to do (Lane & Rierdan‚ 2001). For some people‚ the rewards that employees receive from the organization are motivation enough for them to work their hardest. However‚ no two people are the same and what serves as motivation for one employee‚ could possibly be
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General Banking Parities and Credit management of Jamuna Bank. A study on Rajshahi Branch 1 Chapter One Introduction Department of BBA University of Information Technology & Sciences General Banking Parities and Credit management of Jamuna Bank. A study on Rajshahi Branch 2 Introduction 1.1 Origin of the Study Practical orientation works as a bridge between the academic and the practical knowledge. The internship program is a compulsory part of BBA degree and it is a preparatory
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