probably test us on e-controls or cash control for cash receipts and cash payments. What is internal control? It is the organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent
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Page No. 1. Cover Page……………………………………………………………………1 2. Contents. ………………………………………………………………….2 3. Computing the Amounts……………..……………………………3 4. Trading‚ Profit & Loss Account and Balance Sheet….9 5. Comments on the Performance of the Business…….10 6. Explaining the Limitation of Comparison…………...….12 7. References………………………………………………..……………..13 (A) Compute the following amounts: (I) Average Stock: Average stock
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completely fill out this test with the answer that best fits the question. For each answer‚ clearly circle your choice from the 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
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Customer Value Proposition in Value Markets Business houses that are our customers are under constant pressure to cut down their cost. With this concern at the back of their mind‚ out of the sales pitch‚ they mainly concentrate on the price quoted to them. In such cases‚ the supplier needs to demonstrate the core value offerings/ benefits with extra vigor to persuade the customer to make the purchase. Marketing managers tend to neglect the real contribution of value propositions to superior business
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The Value Relevance of Fixed Asset Revaluation Reserves in International Accounting Gyung Paik Brigham Young University‚ Provo‚ Utah‚ USA [Abstract] The Securities and Exchange Commission (SEC) of the U.S. has recently proposed that all U.S. firms be required to issue financial statements in accordance with IFRS by 2014. Under IFRS‚ the rules for measurement of fixed assets are presented in IAS 16‚ which allows firms to choose either the cost model or the revaluation model. In this study
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"Foul is fair and fair is foul." This is a quote from the witches in the beginning on Macbeth. This line sets a tone for the entire play of Macbeth. "Foul is fair and fair is foul" means that anything that is bad is good and what is good is bad. Everything is not what it seems. The witches tell Macbeth that he will become the thane of Cawdor and he will not become king‚ although his children will be kings. Banquo says in the play "Can the devil tell the truth". Most of us would perceive that telling
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To: Carminho Building Products Ltd From: Rodrigues Accounting Dear Sir/Madam‚ We are submitting herewith our report entitled UK Subsidiary Expansion. The main purpose of this report is to help Carminho Building Products Ltd decide the potential and suitable site for the formation of a public listed subsidiary. This report will include United Kingdom’s current financial reporting environment and other information that Carminho Building Products Ltd would need in order to make a sound decision
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Ó Springer 2010 Fair Trade and the Depersonalization of Ethics ´ˆ Jerome Ballet ´ Aurelie Carimentrand ABSTRACT. Fair Trade has changed considerably since its early days. In this article‚ we argue that these changes have led to a depersonalization of ethics‚ thus raising serious questions about the future of Fair Trade. In particular‚ the depersonalization of ethics which is seen to accompany the current changes has led to greater variety in the interpretations of Fair Trade. Hiding these
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The treaty of Versailles was signed in 28th June‚ 1919. this treaty involved lots of requirement for Germany. Despite Woodrow Wilson’s will to make the world a safer place‚ it only provoked German’s anger and eventually became the motive of World War two. In my opinion‚ the main reason for the failure was the unfairness of the treaty. German was guilty for the world war one. But we should know that each countries who involved in the world war one are guilty for it .and is unfair to just giving punishment
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Essay Copy This Essay: How Fair Use Doctrine Harms Free Speech and How Copying Serves It Rebecca Tushnet† CONTENTS INTRODUCTION.......................................................................................... 537 I. OVERVIEW: THE FIRST AMENDMENT‚ COPYRIGHT‚ AND THE CONFLICT BETWEEN THEM ................................................................ 538 A. What Free Speech Is For ............................................................. 538 B. Copyright and Fair Use .........
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