Cost and Price Analysis Instructor: Name: Class: Finance 230 Date: Period: Results: 1) Why is it important for the government to exercise good fiscal judgment when spending funds? Government employees are held responsible for use of good judgment so those excessive prices are not paid. 2) List and describe four types of market based pricing. Be sure to provide at least one (1) example of each type. Competitive Offers – response to solicitation encouraging competing offers Established
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The Costs of Ego Manjur Ahmed Everyone has an ego. The overwhelming majority of us don’t have overinflated egos‚ but we’re all capable of letting our egos run rampant on occasion. When this happens‚ personal success and organization’s performance pay the price. Colin Luther Powell‚ a retired fourstar general in the US Army says “Don’t let your ego get too close to your position‚ so that if your position gets shot down‚ your ego doesn’t go with it “
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MANAGERIAL AND COST ACCOUNTING LARRY M. WALTHER & CHRISTOPHER J. SKOUSEN DOWNLOAD FREE TEXT BOOKS AT BOOKBOON.COM Managerial and Cost Accounting © 2009 Larry M. Walther‚ under nonexclusive license to Christopher J. Skousen & Ventus Publishing ApS. All material in this publication is copyrighted‚ and the exclusive property of Larry M. Walther or his licensors (all rights reserved). ISBN 978-87-7681-491-5 Download free books at BookBooN.com 2 Managerial and Cost Accounting
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; ’Cost of Living’ Stipends for Student-Athletes Are Just‚ But Cheating Will Continue hsjnb c c My first issue that i chose was a national issue that has been common theme of talk in the college ranks College players getting paid to play sports. In the article it states the facts on why they should not get paid and really states the proper way to compensate college athletes. This is an issue that we talked about in the class and it really interested
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out their projects. If financial intermediaries did not exist surplus agents would not be ready to hold highly illiquid assets to finance borrowers. * Cost reduction is done by financial intermediaries as they are able to reduce costs which are associated with the buying and selling of financial instruments. Due to lower transaction costs financial intermediaries offer lower loan rates relative to direct financing. * Provision of payments system in modern times‚ financial intermediaries facilitate
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and the customer service role 1. Complete the table below with a description of the products and services for at least two commercial organisations‚ public organisations and third sector organisations. Please ensure you provide a description for each organisation‚ rather than a list. |Organisation type |Name of organisation |Description of products and services | |Commercial |United Biscuits
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FEATURES OF SERVICES In terms of economics‚ service is a transaction where no physical goods are transferred from the seller to the buyer. The benefits of services are held to be demonstrated by the buyer’s willingness to make the exchange. In terms of management‚ Service is a customer-focused approach in delivering information technology. Service Management focuses on providing value to the customer and also on the customer relationship. Some of the basic features of Services are: 1. Intangibility:
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What is included in the cost basis of a long- lived asset? Explain for a least two types of such assets. Add the original price of your investment and any transaction costs. For example‚ if you buy 100 shares of stock at $10 per share and pay a $20 broker’s commission‚ your purchase expense totals $1‚020. Disregard dividends or other income you receive as cash while you own the investment. Dividends or interest are classified (and taxed) by the Internal Revenue Service as ordinary income and
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Introduction to Services Marketing In general‚ goods can be defined as objects‚ devices‚ or things‚ whereas products refer to both goods and services. A service is any act or performance that one party can offer to another that is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product. The distinction between goods and services is not perfectly clear. Service is the sum of all encounters between a customer and a service provider
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Question 2: (a) Which of the following are final goods and services and which are intermediate goods and services? Please explain why in your answer. (4 marks – 1 mark each) (i) A new bulldozer to be used by a construction company; When a construction company buys and uses a new bulldozer becomes intermediate goods when it is used in the production of their products services in subsequent periods. (ii) A windscreen purchased by a motor vehicle spare parts supplier; Intermediate goods
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