Differentiate the causes of the Great Depression and 2008 financial crisis In October 2008‚ President Obama said that the United States is suffering the worst financial crisis since the Great Depression. As this crisis continues to develop‚ it has led to a global economic recession. At the beginning of the 2008 financial crisis‚ many people wondered: Will the current financial crisis be another Great Depression? Both the Great Depression of the 1930s and the current recession are world-wide‚ and
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Introduction Financial accounting and management accounting both prepare and analyze financial data. However‚ certain aspects of these two fields are very different. This article discusses the various differences between financial accounting and management accounting. The differing characteristics to be discussed include the users of information‚ the types of information‚ regulatory oversight‚ and frequency of reporting. Users of Information Financial accounting and management accounting
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1. What is the difference between a. and a. List the four types of senior living communities that exist in the United States and in 2-4 sentences describe the typical characteristics of each. Continuing Care Retirement Communities (CCRCs): These communities offer a variety of care‚ ranging from independent living to skilled nursing services‚ with various contract and fee options. Residents typically sign a residency agreement that guarantees access to different levels of care as their needs change
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he differences between management accounting and financial accounting include:[1] 1. Management accounting provides information to people within an organization while financial accounting is mainly for those outside it‚ such as shareholders 2. Financial accounting is required by law while management accounting is not. Specific standards and formats may be required for statutory accounts such as in the I.A.S International Accounting Standard within Europe. 3. Financial accounting covers the
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What is the Difference Between a Cosmetologist and an Esthetician? Although a cosmetologist (with the right training) is sometimes also an esthetician‚ an esthetician is not usually a cosmetologist. That’s because cosmetology incorporates general care for hair‚ skin‚ and nails whereas esthetics‚ as a career‚ is solely about specialized skin care. Licensed estheticians‚ in general‚ have received more advanced training than cosmetologists in various facial beauty treatments‚ makeup application
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What is the Difference between Intranet and Extranet? Intranets and extranets are network systems that are used to maximize business productivity. In this case the intranet would be the macro-system and the extranet would be the micro-system. When I think about intranet I think of a business’s personal World Wide Web; although it is not the internet it still has more resources and capabilities than the extranet. One way to look at it is to think on a scale of private and non-private. The intranet
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tuition reimbursement between the Financial Advisor and his/her Administrative Assistant. Others may agree with your example‚ “find a new job‚” and although it is an option‚ I won’t say the same. Clearly‚ we operate in the realm of an ‘at will’ society; hence‚ people has the power to stay or go‚ the same way an organization can either keep or terminate. Unfortunately‚ due to various circumstances‚ some people do not have the luxury of quitting; therefore‚ they stay. Financial Advisors choose whoever
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In the modern day world‚ trading between countries has now become a norm. Such some countries are more similar to each other and some a little more different than others. Such is the case with Brazil and Denmark. In terms of power structure‚ there is a massive gap between the two countries with difference being over 50 points. Denmark’s citizens also have a stronger sense of individualism than the people of Brazil. The Danes are also considered to be more feminine than the Brazilians. In the final
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IntroductionWhen it comes to employee compensation‚ most managers are busy asking: "What do I have to pay to…?" That is not an easy question to answer. A better question might be: "What do I want my compensation package to say?"Compensation package of the organization says it all like the child care and health benefits say that the company values family. Giving longevity bonuses for employees on the anniversaries of their employment says that the company value employees who stay with the business
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Declaring emergencies or disasters‚ mobilizing resources and funding. 2. What is the difference between a’smart’ and a’smart’? Communicating with the public and media to provide critical information and updates. 3. What is the difference between a’smart’ and a’smart’? Ensuring accountability and oversight of response efforts. 4. What is the difference between a.. Allocating resources and funding to support response and recovery. 5. What is the
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