Chapter 11 Current Liabilities and Payroll Questions 1. A current liability is one that is payable within the coming year or within the company’s normal operating cycle if longer than a year. All other liabilities are long-term. A contingent liability is a potential liability that depends on a future event arising out of past events. The future event will determine the amount and existence of the liability. A contingent liability may or may not become an actual obligation. 2. The company reports
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contract can be defined as a voluntary assumption of obligation .In order to establish a contract there must be an offer followed by an acceptance. In order to see whether the parties have come to an agreement the court would look at the intention of the parties. Intention will be looked at objectively .In applying the objective test the courts consider whether the reasonable person in the other parties’ position would conclude that there was an intention to enter in to an agreement. A good example
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Q1 Analyse the factors which may influence the household demand at a micro level for consumer goods. 1250 words If the economy is defined as the institution which facilitates the production‚ exchange and consumption of goods‚ then the micro-level economy is that pertaining to individual goods and the factors and behaviours affecting individual products. When these micro level economies come together‚ they combine to create the (macro) economy. Part of the structure of micro economy is the behaviour
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using herbal shampoo and Herbal shampoos generally attracts the customers‚ especially the fair sex .Hence there is growing demand for such an herbal product in urban and in semi urban areas . Go Clean Presenting to you a totally new formulation which works both on your and scalp from the very first wash‚ washing away all the dandruff you are worried about so that don’t have to hesitate‚ every time you go out… Ingredients: * Alovera ‚ shikakai * Ammonium * Lauryl * Sulfate
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structures and invest in research and development. Once a firm loses the opportunity to be a first mover‚ it is hard to regain competitive advantage In order for a company to succeed‚ she must use the logic of managerial enterprise‚ which means large industrial concerns in which operating and investment decisions are made by a salaried managers governed by a board of directors. Logic of managerial enterprise: Logic of growth and competition. BEHIND THE MANAGERIAL ENTERPRISE LOGIC Size Having the
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According to the 2007 American Payroll Association (APA) national online survey‚ “GETTING PAID IN AMERICA‚” more than two-thirds‚ or 67% of America’s workers would experience financial difficulties if their paychecks were delayed for just one week—indicating that workers are living paycheck to paycheck. In partnership‚ the APA and ADP‚ Inc. combined resources and payroll expertise to provide America’s workers with information on how to maximize additional income through strategic management of
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Payroll Basics (PY-XX-BS) PurposeThe Payroll is based on an international payroll driver. This payroll driver was modified for each country. The country-specific payroll drivers take the statutory and administrative regulations of a country into account.Since the payroll driver has a modular structure‚ you can use the Customizing functions to quickly modify the payroll procedure to meet the particular requirements of your enterprise.Process FlowWhen you access Payroll‚ the payroll driver calls the
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Disability Rights In the 1800s disabled people were considered meager‚ tragic‚ pitiful people unfit and unable to be in society except for entertainment. They assumed that they were simple minded and abnormal tons of people went under sterilization. Most disabled people were admitted to institution and asylums where many spent their whole lives. Separating the disable with the able was considered merciful actions‚ but it just served as a way to keep disabled people hidden‚ invisible‚ and out of site
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how company identify which segment is most valuable to itself and compatible with its current resource and facilities. So‚ company may use market coverage strategies to solve this problem and choice the best segment to enter it. Market coverage strategic is a method that helps in evaluating the various segments of the marketplace and deciding which segment to cover in the marketing of a particular product. BODY There are 3 types of general market coverage strategies which will generally adopted
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Payroll Calculator Name Mohd Shahrul Nizam Muhammad Irham Shafy Nur Fathaen Arynee Akmal Razi Fauziah Ahmad Zulkifli Zaini Saiful Nizam Ahmad Dani Ee ID Wage Er EPF Ee EPF Er Socso Ee Socso ABC1001 4000 480 360 60 48 ABC1002 3000 360 270 45 36 ABC1003 2600 312 234 39 31.2 ABC1004 1600 192 144 24 19.2 ABC1005 1380 165.6 124.2 20.7 16.56 ABC1006 1360 163.2 122.4 20.4 16.32 ABC1007 1240 148.8 111.6 18.6 14.88 ABC1008 1250 150 112.5 18.75
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