concept. b. monetary unit assumption. c. economic entity assumption. d. corporate form of ownership 2. All of the financial statements are for a period of time except the a. income statement. b. balance sheet c. owner’s equity statement. d. statement of cash flows 3. A trial balance will not balance if a. a journal entry is posted twice. b. a wrong amount is used in journalizing. c. incorrect account titles are used in journalizing. d. a journal entry is only partially posted. 4. In a service-type
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WORK LIFE BALANCE The article talks about the importance of work life balance‚ especially in relation to India. In the Indian context‚ work life balance has many social and cultural connotations. There are many factors that need to be taken into account to understand work balance with respect to India better: India is a deeply religious country‚ housing abundant religions within itself and the most dominant of them is Hinduism. The caste system is also prevalent in India. In combination with the
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INTRODUCTION: Trial balance is a statement which shows debit balances and credit balances of all accounts in the ledger. Since‚ every debit should have a corresponding credit as per the rules of double entry system‚ the total of the debit balances and credit balances should tally (agree). In case‚ there is a difference‚ one has to check the correctness of the balances brought forward from the respective accounts. Trial balance can be prepared in any date provided accounts are balanced. DEFINITION
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Directorate of Human Resources and the Business School Centre for Diversity Policy Research Work-Life Balance An audit of staff experience at Oxford Brookes University By Simonetta Manfredi and Michelle Holliday The Centre for Diversity Policy Research‚ Oxford Brookes University Work-Life Balance: An audit of staff experience at Oxford Brookes University ISBN 1 873576 70 6 Published by The Centre for Diversity Policy Research‚ Oxford Brookes University Wheatley Campus Oxon. OX33
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BUDGET BALANCE • Budget balance (savings by government) is defined by: where : tax revenues : government purchases of goods and services : value of government transfers • Recall that a positive budget balance is a budget surplus‚ and a negative budget balance is a budget deficit. • Effects of fiscal policies: o Expansionary fiscal policies (increased government purchases‚ higher government transfers‚ lower taxes) decrease the budget balance. o Contractionary
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SAMPLE BALANCE SHEET Most accounting balance sheets classify a company’s assets and liabilities into distinctive groupings such as Current Assets; Property‚ Plant‚ and Equipment; Current Liabilities; etc. These classifications make the balance sheet more useful. The following balance sheet example is a classified balance sheet. Sample Balance Sheet: Example Company Balance Sheet December 31‚ 2010 ASSETS | | | LIABILITIES | Current Assets | | | Current Liabilities | | | Cash
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Discuss the importance of the Balance of Power with reference to the relevant theory in international relations. Introduction The concept of Balance of Power is a tenet of Realism that seeks to explain the formation of alliances in international relations. This is done in the context that Realism as a Theory argues that states as actors in the international system act out of self interest‚ need to survive in a hostile environment and to maximise profit. Balance of Power can be understood best
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Work-Life Balance… A Case of Social Responsibility or Competitive Advantage? 2002 Worklifebalance.com‚ Inc. Human Resources Dept‚ Dr. Parsons Georgia Institute of Technology Prepared by: Sunil Joshi‚ John Leichne‚ Keith Melanson‚ Cristina Pruna‚ Nicolai Sager‚ Cathi Jo Story‚ Kevin Williams WORK-LIFE BALANCE 1 INTRODUCTION The role of work has changed throughout the world due to economic conditions and social demands. Originally‚ work was a matter of necessity and survival. Throughout
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Unilever is a complex global organization that has a portfolio of 400 brands‚ spanning 14 categories in home and personal care and food products. The company has 163‚000 employees in the 170 countries within which it operates (Unilever‚ 2010). Organizations such as Unilever face the challenge of configuring a global structure that “works well in diverse locations but also brings units together in a coordinated fashion” (Shenkar & Luo‚ 2007‚ p. 312). Given its wide range of products and the diversity
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ISSUE 4/ JULY 2013 ISSN 2286-4822‚ www.euacademic.org IMPACT FACTOR: 0.485 (GIF) Bangladesh’s Balance of Payments: an Econometric Analysis M. S. RAHMAN CHOWDHURY Department of Economics Jatiya Kabi Kazi Nazrul Islam University Trishal‚ Bangladesh Abstract: The study was conducted at the Department of Economics‚ University of Chittagong‚ Bangladesh between December 2010 and April 2011. Balance of payments plays the most important role in a country’s economy. As a developing country‚ Bangladesh
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