What are the major limitations of Financial Accounting? Explain with the help of Examples. What are the alternatives to overcome these limitations? Financial accounting can be defined as reporting of the financial position and performance of a firm through financial statements issued to the external users on a periodic basis. It is a field of finance that treats money as a means of measuring economic performance instead of treating it as a factor of production. It encompasses the entire system
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LAW OF EVIDENCE The Evidence Law deals with deciding which Evidence should be and which shouldn’t be used in arriving at a decision by the Court and‚ sometimes‚ the weight that may be given to that evidence. The law of evidence is also concerned with the quantum (amount)‚ quality‚ and type of proof needed to prevail in litigation. The quantum of evidence is the amount of evidence needed; the quality of proof is how reliable such evidence should be considered. This includes such concepts as hearsay
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ON THE LIMITATIONS OF THE FREEDOM OF EXPRESSION 1 Introduction The Constitution‚ Article 3‚ Section 4 provides: “No law shall be passed abridging the freedom of speech‚ of expression‚ or of the press‚ or of the right of people peaceably to assemble and petition the government for redress of grievance. *The Constitution forbids not the abridging of speech‚ but the abridging of freedomof speech. 3 There are several reasons why freedom of expression is guaranteed by the Constitution. For
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Stakeholder Theory and Limitation 1. Stakeholder theory is an excuse for managerial opportunism: The core claim is that by providing more groups who management can argue their actions benefit‚ stakeholder theory makes it far easier to engage in self-dealing and defend it than if shareholder theory were the sole purpose. 2. Stakeholder theory is primarily concerned with distribution of financial outputs: This view depicts stakeholder theory as primarily about who receives the resources of the organization
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LIMITATION OF SUPERSCALAR MICROPROCESSOR PERFORMANCE By: - Akshita Banthia (11BCE0475) Abstract In today’s world there is a new form of microprocessor called superscalar. In this several instructions can be initiated simultaneously and executed independently during the same clock cycle. The limitation of this feature is the handling of data dependencies. If not handled effectively‚ execution rate of more than one instruction per cycle is difficult to achieve. This case study uses multi
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Running head: Evidence 1 Evaluating Reliable Evidence Amanda R.Wilborn CM223 Professor C April 19‚ 2011 Introduction Evidence is any information gathered at the scene of a crime that may be relevant to a criminal investigation. There are different types of evidence that varies from Paperwork‚ Photographs‚ DNA‚ Finger prints; etc... These different kinds of evidence also require different types
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the (FAST)‚ but I think they should switch it because of the lower cost for patients‚ the accuracy capabilities‚ and has no limitations. The Computed Tomography(CT) is
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decisions up on good old Capitol Hill. Although we do chose who we want to run the show and make the big decisions‚ we cannot control the actions and conscientiousness of those officials. Unbeknownst to most in our country‚ those who seem to want what is best for the country as a whole have more selfish intentions that are unseen during the campaigning process. There is a reason why the President has been limited to two terms: we do not want our national government to become one that is administrated
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LIMITATIONS OF RATIO ANALYSIS The debt-equity ratio gives an indication of an enterprise’s ability to sustain losses without jeopardizing the interests of creditors. This ratio is based only on information provided in the balance sheet. Although stockholders’ equity serves as a buffer to protect the creditors’ interests‚ it should be kept in mind that the earning prospects of the enterprise are also relevant in judging a firm’s ability to survive the long run. Although the use of ratios can prove
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Challenges: Companies and stakeholders face challenges when dealing with sensitive issues like the environment a ethical and social business practice should be minimise any harm to the environment and work in ways that do not damage the communities in which it operates within. Coca- Cola is a company that consider the impact of their activities on stakeholders; however Coca-cola still faces challenges in being ethical and socially responsible. Since the set up of a Coca-cola plant in the state
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