and loss account: The purpose of the profit and loss account is to: Show whether a business has made a PROFIT or LOSS over a financial year. Describe how the profit or loss arose – e.g. categorising costs between "cost of sales" and operating costs 2. Explain why it is important for a business to prepare a Profit and loss account: Business keeps various types of financial record to monitor its performance and ensure that taxes are paid. These include profit and loss accounts. A trading‚ profit and
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Professor David Brown Homeland Security February 26‚ 2014 Phase 2 Individual Project Colorado Technical University March 21‚ 2014 Phase 2 Individual Abstract The following assignment outlines‚ research of several different sociological and/or psychological characteristics‚ which can influence new members to join terrorist organizations. Obviously‚ no single theory‚ can completely explain the motivation of terrorists. It appears as though a set of theories can come close to doing
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using different slide layouts - describing about your College. Procedure: Step 1: click-on start button All Programs Select PowerPoint Select Blank Presentation Step 2: Go to Home tab‚ under slides group click-on New Slide by selecting the required Slide Layout Step 3: Write the content regarding the topic Step 4: Repeat Step 2 to Step 3 until 6 slides. Step 5: To insert a picture‚ go to insert tab‚ under illustrations group and select picture/clip art Step 6: To apply a transition to the slide
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Unit 2: Business Resources Amy Doherty D3: Benefits & Drawbacks of Variances Variances can be defined as “A measurement of the spread between numbers in a data set. The variance measures how far each number in the set is from the mean.”1 A variance can be adverse or favourable. An adverse variance is when the actual financial figures for a business are worse than forecasted and a favourable variance is when the actual figures are better than budgeted. A budget is an documented
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MONASH UNIVERSITY SEMSTER 1 – YEAR 2011 AFW 3040 – ACCOUNTING THEORY BY: SARAH WONG Assignment 2 – 1500-word Essay Topic: How social and environmental reporting practices undertaken by companies highlight the limitations of the conceptual framework. Introduction: Accountancy has always been concerned with mainly the accountability of directors to shareholders and companies to creditors. As companies grow larger and become more integrated with the society‚ this call for a focus towards sustainability
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Internet Explorer could allow Information Disclosure. Windows XP 975497 CVE-2009-3103: Vulnerabilities in SMB could allow remote code execution. Windows Vista Service Pack 1 and 2 98343 CVE-2010-0817: Vulnerability in SharePoint could allow elevation of privilege. Microsoft SharePoint Version 2.0 2. Only two from the five listed in question one are privileged elevation. 2264072 CVE-210-1886 and 98343 CVE-210-0817. They are of importance but not considered a high priority issue.
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CHAPTER 2 CONCEPTUAL FRAMEWORK UNDERLYING FINANCIAL ACCOUNTING IFRS questions are available at the end of this chapter. TRUe-FALSe—Conceptual Answer No. Description F 1. Nature of conceptual framework. T 2. Conceptual framework definition. F 3. Levels of conceptual framework. T 4 International conceptual framework. F 5. Statements of Financial Accounting Concepts. T 6. Decision usefulness.Objective of financial reporting. F 7. Financial statement users. T 8. Relevance and
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Unit 2 Vocabulary & Concepts Please print out the following Vocabulary & Concepts for Unit 2. This is to give you a more specific idea of what we will cover during the next 4 (or so) weeks. Keeping a notebook would be a great idea. This should be in it (right after the General Outline for Unit 2)!!! We will begin Unit 2 in depth this week. By the end of the Unit‚ I expect you to have defined all of the vocabulary. You may begin this week if you would like. If you don’t have a book‚ you may
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Internal managerial accounting systems are used to provide great information so that the management team can make great decisions. According to http://smallbusiness.chron.com/objectives-internal-managerial-accounting-systems-20945.html manufacturing plants uses these systems to help in costing and managing the manufacturing process. The main objective is to make an internal managerial accounting system provide the information to the mangers so that they can make good sound decisions. The goal is
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Individual Assignment Week 2 Chapter 1 Exercise E 1-2‚ page 34. The following are users of financial statements: E_ Customers I Securities and Exchange Commission I _ Internal Revenue Service I Store Manager I Labor Unions E_ Suppliers I_ Marketing Manager _I_ Vice-president of finance I_ Production Supervisor (B) Instructions: Identify each of the following questions as being more likely asked by an internal user or an external user. _I_ Can we afford
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