CXC CSEC Principles of Accounts Exam Guide Section 1: Introduction to Principles of Accounts SPECIFIC OBJECTIVES The students should be able to: CONTENT 1. Explain the concept of accounting; concept of “Accounting” and “Principles of Accounting” 2. State the purpose of accounting; Accounting as a business practice – the purpose of Accounting. 3. Identify the users of accounting information; Internal and external users Accounting information and their needs 4. Outline
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Purchasing Department and other Departments In a firm with a good system of internal control‚ all purchases of machinery‚ equipment and materials must go through the Purchasing Department. The department that wishes to purchase something cannot directly order it‚ but instead creates a document called a requisition‚ which must be approved by the appropriate person (i.e.‚ the one with the authority to approve requisition). The approved requisition form is sent to the Purchasing Department. The
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Dept of comm. Non Tariff Measures Non Tariff Measures (NTMs) are all measures other than normal tariffs namely trade related procedures‚ regulations‚ standards‚ licencing systems and even trade defense measures such as anti-dumping duties etc which have the effect of restricting trade between nations. Some of these measures could be justified under the provisions or the exceptions provided under the various multilateral agreements governing international trade. On the other hand‚ certain non tariff
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Perhaps what we fail to realize is that the Puritan belief of Divine Providence consumed every single aspect of the Puritan lifestyle. From the moment they woke up‚ until the moment they crawled back into bed‚ the inhabitants of the first settlements of New England believed that the cause of every occurrence was the Christian God. Every action‚ and it’s according reaction‚ was directly designed and destined to happen because God chose it to be so. William Bradford‚ one of these Puritans‚ was not
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Baxton‚ Inc. for three years when her department head resigned. Laura’s first two years were spent in the Accounting Department‚ which she had joined fresh out of college. She had then transferred to Training & Development‚ to a position of trainer in the finance area. Laura became Acting Department Head for a year‚ with the hope of the appointment becoming permanent upon successful completion of this probationary period. The Training & Development Department which Laura now headed had a staff
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Case : Acetate Department 1) What were the objectives of the production reorganization at Acetate ? The main objective of the production reorganization at Acetate Department was to improve production capacity‚ to increase productivity. 2) Why do you think the objectives of the reorganization were not realized‚ even though no employees lost their jobs‚ and salaries were increased ? Even though no employees lost their jobs and salaries were increased‚ we can note that the productivity
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Evaluation of the role and function of personnel departments within organizations and discussion of ways to improve their strategic value to the organization. Role of HR Departments The HR model of the four HRM perspectives devised by Ulrich helps clarify the role of Personnel Departments (University of Sunderland 2004‚ p. 75). Strategic Partner As Strategic Partner the HR Department creates an appropriate organisational architecture with the target of achieving a match between factors such as
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management to record‚ plan and control activities to aid decision-making process | Accounting process | Follows a full process of recording‚ classifying‚ and summarising for the purpose of analysis and interpretation of the financial information | Cost accounts are not preserved under Management Accounting but analyses necessary data from financial statements and cost ledgers. | Legal/rules | Drafted according to GAAP - General Accepted Accounting Procedure. | Drafted according to management suitability
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UNIVERSITY COLLEGE OF ENGINEERING COMPUTER ENGINEERING DEPARTMENT CITY OF MALOLOS‚ BULACAN BASIC INPUT-OUTPUT SYSTEM (BIOS) In Partial Fulfilment of the Requirements in Research and Technical Writing A Thesis Proposal Presented to Professor Marjorie M. Miguel Prepared by: Ayeng‚ Katrina N. Manila‚ Kimberly R. Manio‚ Klarryze Jenel B. Mundo‚ Justine DB. Salamat‚ Norman Jan R. August 2012 CHAPTER I PROBLEM AND ITS BACKGROUND The Importance and Functions of the Basic Input-Output System (BIOS) Introduction
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ACKNOWLEDGEMENT First of all‚ I would like to thank Almighty God for giving me the strength to do this SBA‚ Mrs. Clovetta Campbell and finally my Principles of Accounts teacher Ms. Williams who helped me along the way. AIMS OF THE BUSINESS The aim of the business is to achieve exposure of what goes on in the business world. The aim of this business is to also know how to prepare Accounting Ratios‚ how to operate a business and how to achieve customer satisfaction and to attain profit
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