Accounting has a primary function to provide and develop data measuring the performance and disclosure of the company or organization to assist managers‚ investors‚ tax authorities and decision makers. The individual in the role of accounting is called an accountant and he or she has the responsibility to prepare financial statements such as balance sheets‚ income statements‚ and cash flows. The different categories for accounting are financial‚ cost‚ internal and external accounting. Finance has
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"What is responsibility accounting? Is it used at your current (or former) place of employment‚ and if not‚ would it work? Why‚ or why not?" According to allbusiness.com‚ responsibility accounting is defined as a “collection‚ summarization‚ and reporting of financial information about various decision centers (responsibility centers) throughout an organization” (allbusiness.com). The article also explains that responsibility accounting helps an organization trace costs‚ revenues and profits to
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Task 5 Explain ways to embed elements of functional skills in your specialist area. Final draft. The specialist area within which I work is delivering Key and Functional Skills. Therefore‚ the main focus is on English and maths. The challenge I have is less about embedding Functional Skills‚ and more about encouraging learners to apply the skills they are learning within life‚ learning and work. The learners I work with are those who did not achieve grade C or above in their GCSE English and
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Decentralisation of retail and other services is killing central urban areas. Discuss with references to areas you have studied. (40 marks) The decentralisation of retail and other services has had a major impact on urban areas. Over time shopping has changed from high streets filled with different types of shops and services selling only one type of product such as electronics or food in the 1970s. To the 2000s in which we can buy anything we want all under one roof. Shopping has become a day out
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I. Types of Requirements : A. What is functional requirements ? A functional requirement defines a function of a system or its component. A function is described as a set of inputs‚ the behavior‚ and outputs . Functional requirements may be calculations‚ technical details‚ data manipulation and processing and other specific functionality that define what a system is supposed to accomplish. B. What is Non-functional requirements ? A non-functional requirement is a requirement that specifies
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What is “functional product”‚ and what is “innovative product?” We can use the nature of product demand to classify whether a product is a functional product or an innovative product. With different product characters‚ supply chain management method that managers should choose will also be varied. Functional products are products that people buy in wide range of retail outlets‚ and those products have more stable and predictable demand‚ as well as long life cycles. For example‚ most of
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whole‚ college can be analyzed through three sociological perspectives which include the structural-functional‚ social-conflict‚ and symbolic-interaction approaches. Moreover‚ the structural-functional approach is the best perspective that can be utilized to analyze college because every aspect is based on a purpose to change society through education. Although the
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My Personal Goal Statement in Accounting and Finance ‘Accounting is like Art’. You have to analyse every aspect before making a just decision. A teacher of mine once told me that if you were good at art‚ you would be good at accounts. It was hard to find her logic at first‚ but after I choosing to take Principles of Accounts in SPM‚ it all began to make sense. You need logic; everything has a set order and method. Each piece is placed carefully and has a high significance amongst its
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BUSN202 Professional Ethics Report By: Rafael Bozionelos ID: S00067751 Course: Professional Ethics Code: BUSN202 Title: Chief Financial Officer’s Report on Ethical Conduct of manufacturing organisation A report prepared for the CEO of a manufacturing organisation on four ethical dilemmas presented. Taking a look at the responsibilities of the Chief financial officer and the Chief executive officer and recommendations based on which direction to take. To be ethical or unethical‚ that
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3.8.1.2 Leaf area and leaf area index (LAI) Leaf area of five randomly selected plants‚ was measured with the help of leaf area meter (Model LI-3100‚ USA) at 20‚ 40 and 60 DAS by destructive sampling from all leaves of the five sample plants (Sticker et al.‚ 1961). Plants were cut at the soil surface‚ leaves were separated from the plants‚ covered with blotting paper to keep the leaf intact and retain its original shape and were brought to the laboratory. Leaf area was measured immediately after
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