decision of management. What is an extraordinary item per GAAP rules? The rules are specific. Features of Extraordinary Items per GAAP are: 1. Unusual nature 2. Occurred not frequently http://accountinginfo.com/financial-accounting-standards/asc-200/225-20-extraordinary-items.htm Do you believe that the terrorist attack on 9/11/01 was an extraordinary event for financial reporting purposes? Do you believe that the losses from Hurricane Katrina in 2005 should have been reported as extraordinary
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Do Endogenous or Exogenous Shocks Have the Greater Impact on Economic Output The UK is an open economy meaning that a high percentage of our national income and output comes from trading with the rest of the world; we are highly integrated within the global economy. Endogenous models explain cyclical fluctuations in terms of internal events or policies i.e. changes which lie within the economic system; For example: if the economy is already near full employment (at Yf)‚ with only a small output
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What impact did the Colosseum have on Roman social values? Its purpose was to be a gift to the Roman citizens‚ a massive breath-taking structure that conveyed the wealth‚ might and power of Rome‚ showing exotic‚ wild animals from all corners of the Roman Empire‚ showing off the extent of Rome’s conquests of different countries. It displayed the latest of Roman engineering and building techniques and showed re-enactments of famous Roman battles‚ including sea battles that required it to be flooded
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THE IMPACT OF INTERNET ON TRADITIONAL NEWS MEDIA 1 The impact of the Internet on traditional news media Lingyan Chen Fairleigh Dickinson University May 6th‚ 2013 THE IMPACT OF INTERNET ON TRADITIONAL NEWS MEDIA Abstract The study discusses the impact of the Internet on traditional media over time. Media research suggests that Internet would be allowed to exist with traditional news media at the same time‚ rather than killing off the traditional
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however that war made America a free country to this day. What led up to the Revolutionary War‚ the Stamp Act‚ also contributed to America’s freedom too. As a result of the Stamp Act and the Revolutionary War‚ there is the bill of rights‚ which had the first 10 amendments on that document. There have been a lot of events during colonial times that have impacted our freedom however‚ the Bill of Rights; the Stamp Act; and the Revolutionary war have impacted our freedom the most. The Bill of rights
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turned into global village because of social media and communication. The technology is the bigger aspect that has promoted it more. Now a day’s media has a great influence in our life and that has been increasing day by day. Young generations in this world are surrounded by social media. Social media refers to the means of interactions among people in which they create‚ share‚ and exchange information and ideas in virtual communities and networks. Social media grows rapidly and is an indispensable part
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WHAT MOTIVATED THE WEST’S INTEREST IN ASIA AND WHAT IMPACT DID THAT EVENTUALLY HAVE? (1979 WORDS) Missionaries in Asia and Their Impact on Education Religion was one key reason which attracted the Westerners into Asia. Because Christianity was the dominant religion in Western countries‚ the dispatching of missionaries into Asia was a common sight. Because they came in masses and moved conspicuously‚ they left rather astounding impacts on the host countries - educational impacts in particular
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The Impact that European Exploration had on Indians During the 15th century‚ exploration in the New World began to increase. While this seemed harmless in the eyes of Europeans‚ the Native Indians to the land thought otherwise. The impact that Indians faced was inevitable. The “good” intentions of the Europeans were quickly outweighed by the negative consequences. The Europeans wanted to simply bring their religious belief into the lives of Indians‚ and own the land of the New World. Through this
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disobey unjust laws.” Martin Luther King Jr. The topic of legalizing marijuana is a very conversational issue in American politics today. Although many malicious claims have been made about marijuana‚ the truths are slowly beginning to resurface. Unfortunately‚ these truths are under heavy criticism due to the stereotypical view of what people view as a typical “pot smoker”. This is the problem with society. Marijuana is a psychological phenomenon that occurs within groups of people. It is the mode
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Social media impact on political campaigns Mr Sajjad Naseer American politics March 2014 Lahore School of Economics Acknowledgement I would like to convey my deep affection to few persons and would love to acknowledge their appreciative help in our research project. The persons include my instructor Sir Sajjad Naseer and Ms. Maheen Haroon . Contents Abstract: Research on this topic would show on overall
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