Cost Management or Cost Control In broad sense‚ both the terms have the same meaning. Yet cost management seems to connote broader perspective. Cost control to an un-initiated may mean cutting down the incurrence of cost or expenditure every time or in every situation. In reality it is not always so. In many specific situations‚ many times‚ one has to spend or incur cost in order to gain or make more money. It is in fact like an investment. Cost management sounds better then. Profits Making
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Introduction to Accounting Accounting is a profession used to make financial and business decisions. Billions of dollars exchange hands every day‚ in millions of separate business transactions. These are recorded and reported on using a comprehensive set of guidelines‚ referred to as Generally Accepted Accounting Principles (GAAP). Brief History of Accounting Accounting was born before writing or numbers existed‚ some 10‚000 years ago‚ in the area known as Mesopotamia‚ later Persia‚ and today the
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Various Types of Drivers Drivers come in many different forms and each carry their own characteristics. When on the road‚ one can experience several different drivers and their driving habits. The different drivers you experience during your journey may result in many things such as you being late to your destination or even become part of a car crash. Most motorists would like to make it to where they need to go on time‚ but how they get there depends on their style of driving as well as the types
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101-00128 Oct 2014 Accounting Accounting is the recording‚ measurement‚ and interpretation of financial information (Business 286). This financial information is used to evaluate the organization’s operations. To carry out these interpretations of financial information a public or private accountant is able to do this. To become a public accountant you must earn your CPA (certified public accountant) by passing a test and means you are certified by the state in which you provide accounting services where
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403 | | | 60‚000 | 40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000 | (90‚000/400‚000)0.225 or 22.5% | (200‚000 x 0.225)45‚000 | (45‚000/90‚000)0.5 | 402 | 120‚000 | (120‚000/400‚000)0.3 or 30% | (200‚000 x 0.3)60‚000 | (60‚000/120‚000)0.5 | 403 | 90‚000 | (90‚000/400
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options provided (a‚ b‚ c‚ d‚ etc.). Dont make me guess‚ I wont award credit if it isnt obvious. 1. What type of data is found in the general ledger a.a chronological record of all transactionsb.the balance of each account in the chart of accountsc.budget records for each account in the chart of accountsd.subsidiary details supporting a control account 2. Which steps in the Financial Accounting Process are in the correct sequence based on closing the accounts and determining timing differences
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The various of living things Now days scientists have found and described approximately 1.75 million species on Earth. Plus‚ new species are being discovered every day. From tiny bacteria to yeasts to starfish to blue whales‚ life’s diversity is truly impressive! One way to make sense of it is by classification. Scientists put similar species into groups so that those millions of species do not seem so overwhelming. People rely on their knowledge of classification to understand what different species
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http://smallbusiness.chron.com/difference-between-traditional-accounting-computerized- accounting-4021.html INTRODUCTION: Before the advent of fast and cheap computers‚ accounting traditionally was processed manually with all transactions recorded in columnar papers and kept in voluminous binders. Once computers became popular and software affordable‚ accounting tasks moved into this medium‚ where concepts stayed the same but mechanics changed from papers to programs. AIMS AND OBJECTIVE:
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How well does Parliament perform its various functions? There are several important functions that Parliament must perform. The word Parliament derived from the Latin ‘parliamentum’ and the French word ‘parler’ which originally meant a talk- which is what Parliament does most of the time. Parliament consists of the House of Commons‚ the House of Lords and the Monarchy. Parliament is the highest judicial‚ legislative and executive body in Britain. A parliamentary form of government acknowledges
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Gwen Johnson English I Ithaca By: Constantine Cavafy Allusion is a reference to a historical or literary person‚ place or even with which the reader is assumed to be familiar. In the poem‚ "Ithaca"‚ the author refers to Lestrygonians‚ Cyclopes‚ and the Poseidon. Lestrygonians are cannibals who destroy all of Odysseus’ ships except his own and kill the crews. A Cyclops is a ficticious creature with one eye. A Poseidon is a fierce monster. "Ithaca" By: Constantine Cavafy When you start on your
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