Introduction: Sparkes and Cowton (2004) reported that the socially responsible investing and faith-based investments has expanded and developed altogether since the early 2000. They demonstrated that socially responsible investing and faith-based businesses are currently mainstream investments. Socially responsible investing and faith-based investing have developed from an activity managed by a small number of specialty retail investment funds into an investment
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gooda available for sale. -the consistency principle states that the busineses should use the same accounting methods from period to period. -under the FIFO‚ the ending inventory is based on the cost of the most recent purchases. -the value of purchases remains the same irrespective of the inventory valuation method used. -using FIFO‚ the COGS is based on the oldest purchases. -the accounting conservatism principle requires that financial statements should report LEAST favorable figures. -do
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Many authors construct themes through their novels to deliver their personal point of view on a particular matter occurring within society. This is dominantly reflected in the 1945 novel‚ ‘Animal Farm’ by George Orwell (Eric Blaire). The novel ‘Animal Farm’ is centralised among the story of the animals that live on Manor Farm‚ where they are dictated by their cruel master Mr Jones. Under the inspiration of a pig named Old Major‚ the animals rebel against Mr Jones and overthrow him. They decide to
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Accounting: Topic 6: Analysis And Interpretation Of Financial Statements (Part 2) Capital Structure Analysis Proportion of debt financing relative to equity financing (=gearing or leverage) * Reflects the entity’s financing decisions * Investments in assets are funded externally by liabilities‚ or internally by owner’s as shown in accounting equation (A=L+OE) Debt to equity ratio: Total liabilities/ Total equity x 100=x% Debt ratio: Total liabilities/ Total asset x 100=x%
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Costs assigned to the building of a house should appear on the income statement when Answer a. the purchase order to manufacture the house is received. b. the house is sold. c. cash is collected for the sale of the house. d. the house is completed. The basic document for keeping track of costs in a job order costing system is a Answer a. labor time card. b. job order cost card. c. process cost report. d. materials requisition form. The following information is available at the
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Cost Accounting -- MIDTERM 1 1) Pointed Pencil company incurs the following costs in its manufacture of pencils. Classify each one of them according to one of the value chain functions: Functions: A) Research and Development B) Design of products‚ services‚ and processes. C) Production D) Marketing E) Distribution F) Customer Service G) Strategy and Administration ____ 1) Cost of wood used in manufacture of pencils. ____ 2) Cost of wood used in packing cartons to ship pencils. ____
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BM6026 - Managerial Accounting & Finance Mini Assignment - Sem 1 2014/2015 Name : Suriati Binti Yusse Matric no : MB1412199T Class : Tuesday - 7.00PM - 10.00PM product selling price Variable Cost : Material : Extract of Tongkat Ali Other Ingredients Packing Material Overhead Cost : Drying cost of liquid Other Overhead Cost Labour Cost : Processing Packaging Total Variable Cost Unit Contribution Margin Expected volume sales % of total sales Weighted Contribution Q1 : capsule
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Our identity is constructed by‚ for example‚ the clothes we wear. Discuss the idea of a construction of identity within postmodernism using recommended texts. During the postmodernist era there was great emphasis on the movement of philosophy and social science as well as new influential styles of architecture‚ design and fashion. It was the development of the modernist era‚ which in the late 1950’s received criticism for being standardized and no longer suiting peoples lifestyles. The Machine
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Why are some people socially excluded? Are they excluded by society or their own behaviour? In this essay I will aim to discuss why some people are socially excluded and whether their social exclusion is as a result of individual behaviour or a consequence of the forces of society that are ultimately beyond the control of the individual. There is much difficulty when trying to understand as well as explain the term/ idea that is Social exclusion‚ as writers/institutions have varying degrees
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3 Adjusting Accounts and Preparing Financial Statements QUESTIONS 1. The cash basis of accounting reports revenues when cash is received while the accrual basis reports revenues when they are earned. The cash basis reports expenses when cash is paid while the accrual basis reports expenses when they are incurred (and matched with revenues they generated). 2. The accrual basis of accounting generally provides a better indication of company performance and financial condition than does
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