accounting concepts are rules and guidelines which the accountant follows and uses when deciding between differing options to make. They help to ensure the accounting information is presented accurately and consistently. All formal accounting statements should be created‚ preserved and presented according to the concepts and conventions’. The following will look at each of the concepts and conventions and relate them to the profit and loss account for a sole trader. GOING CONCERN This concept assumes
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Accounting Marketing: An Introduction Unit Name: Marketing: An Introduction Name: Zhu Yuanyuan Student ID No.: 135118494 Supervisor: Zhang Hui Submission Date: 12 April‚ 2013 Table of Content 1 Introduction of the Haier Group 2 2 The Micro and Macro environment 3 3 The importance of marketing research 6 3.1 Importance of marketing research 6 3.2 Example and explanation of qualitative and quantitative techniques 8 4 The importance of market segmentation and the process that Haier Group
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University of Phoenix Material Understanding Business Research Terms and Concepts: Part 2 Which type of research design— exploratory‚ descriptive‚ or causal—is appropriate for the following examples? Explain why. • The goal of this research is to discover the real nature of the problem and to suggest new possible solutions or new ideas. - Exploratory because the problem is not known. • A food manufacturer wants to know the demographics of people who purchase organic foods.
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Concept Question Chapter 20 1. Personal selling involves the two-way flow of communication between a buyer and seller‚ often in a face-to-face encounter‚ designed to influence a person’s or group’s purchase decision. 2. What is involved in sales management? Sales management involves planning the selling program and implementing and controlling the personal selling effort of the firm. 1. What is the principal difference between an order taker and an order getter? An order taker processes
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The historical cost concept means expenses and assets must be recorded with their original cost according to its representation cost of things from the past. CITATION Wil09 \l 17417 (Wild‚ Shaw‚ & Barbara‚ 2009) For example‚ APPLE Company bought equipment at the price of RM 10‚000 and after few months‚ the equipment is then estimated to drop in value. The cost of the purchase RM 10 000 would be recorded in the financial report because there is official receipt and documents supporting the value
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Froman Communication 100 7/21/13 Self Concept Paper We all have concepts or perceptions of ourselves which continually develop and evolve over the course of our lifetimes. These self concepts are the total appraisal of our self‚ who we are when we add up all of the bits and pieces of each of our lives. Our self concept answers the question; do we have something to offer? A few of the most critical aspects in the development of an individual’s self concept include his/her physical and emotional
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Political unrest * Organizational communication channels * Risk databases * Project management information systems (PMIS) – Automation tools like schedule tool * OPA: * Many organizations may have set certain process assets as a standard for a specific work unit or operation to be
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Reading The Concept of a Hero‚ From Greek Civilization‚ I realized their views were very different from ours in our time today. Basically to the Greek people‚ whoever was a hero‚ was a God also. As to us‚ anyone can be a hero. To us it’s the little things people do that make them a hero. one thing I do notice is the same type of importance we give to the most powerful‚ or most known. If you were to ask someone who they thought they were heroes you would get a lot of the same answers. It would be
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DESIGN Process design Process design Supply network design Layout and flow Process technology Job design Operations strategy Operations management Design Improvement Product/service design Planning and control Nature and purpose of the design activity Products‚ services and the processes which produce them all have to be designed Decisions taken during the design of a product or service will have an impact on the decisions taken during the design of the process which produces
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Accounting Concepts Underlying Assumptions‚ Principles‚ and Conventions Assumptions The following are basic financial accounting assumptions: Separate entity assumption - the business is an entity that is separate and distinct from its owners‚ so that the finances of the firm are not co-mingled with the finances of the owners. • Going concern assumption - the business is going to be operating for the foreseeable future. Stable monetary unit assumption - e.g. the U.S. dollar • Fixed
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