Assessment CHCLEG001 Work legally and ethically Part D 4) Give 3 pieces of legislation relevant to staff and clients in your community service and or health workplace? Three legislations that are relevant can include: 1- Work health and safety. Work health and safety is a framework to prevent health‚ safety and welfare of all workers. It also protects health and safety of other people affected by the workplace and the general public. Work health and safety involves incidents notification‚ consolation
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Standard Based Decision making Audit opinion To receive a compliant with Generally Accepted Auditing Standards (GAAS) it is required for Green and Associates to decide that the accounting activities indicate that there are or are not material misstatements compared to the financial report in the fiscal year and risk assessment problems in regarding the internal control methods are sufficient. Forevermore‚ the fact that Green was not provided the chance to review internal controls. Green cannot
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for China of harmonization of accounting standards under the current economic and social system. With the development of economic globalization and capital markets‚ accounting standards based on a national system cannot satisfy the needs of users whose decisions are increasingly international. Therefore harmonization of accounting standards has become an inevitable choice for many countries. The Chinese government has introduced four sets of accounting standards and efforts continue to be made
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a project report on “NON-COMMERICAL VEHICLE LOAN / PRE OWNED CAR” SUBMITTED BY GOWDA SHUBHALAXMI NARAYANA T.Y.BBI SEM-V (2012-2013) UNDER THE GUIDANCE OF HEMAL VORA GURUKUL COLLEGE OF COMMERCE (AFFILIATED TO UNIVERSITY OF MUMBAI) TILAK ROAD‚ GHATKOPAR (E) MUMBAI 400077. August - 2012 GURUKUL COLLEGE OF COMMERCE (Affiliated to University of Mumbai) Mngd by: Mumbai Pradesh AryaVidyaSabha Tilak Road‚ Ghatkopar (East) Mumbai - 400077 CERTIFICATE This is to certify that Gowda Shubhalaxmi
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motion for debate today is principles based accounting provide/not provide greater opportunity for manager to manage earnings defining the motion: ● Now we as today’s proposition strongly believe that this is true that principle based accounting provide greater opportunity for manager to manage earnings‚ but before we come to our actual argumentation‚ let us first define some important terms in this debate. ● We believe that what is meant by principle based accouting is that Almost all companies
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historical cost. The determination of the businesses cost basis for their current inventory and determination of the market calls for ruling the LCM with the conservatism principal to resolve the issue between these two divergent amounts (original cost of inventory and the market). Justification for applying Lower of Cost Or Market is the recognition of the holding loss resulting from the market being less then the company’s current inventory. Which requires a decision between reporting the inventory
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Chapter 10 Standard Costs and the Balanced Scorecard Solutions to Questions 10-1 A quantity standard indicates how much of an input should be used to make a unit of output. A price standard indicates how much the input should cost. 10-2 Ideal standards assume perfection and do not allow for any inefficiency. Thus‚ ideal standards are rarely‚ if ever‚ attained. Practical standards can be attained by employees working at a reasonable‚ though efficient pace and allow for normal breaks
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The article “A Framework for Thinking Ethically” analyzes the main concept of ethics. The authors explores the arguments of what ethics is and what ethic is not‚ why ethics is important‚ five sources of ethical standards‚ and advises a 10-step framework for making ethical decisions. First‚ this article helps identify what ethics is not. It points out that ethics is not based on the law and culturally accepted norms; it is neither religion nor a science; and it is not the same as peoples’ feelings
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21. General-purpose financial statements are the product of a. financial accounting. b. managerial accounting. c. both financial and managerial accounting. d. neither financial nor managerial accounting. 22. Users of financial reports include all of the following except a. creditors. b. government agencies. c. unions. d. All of these are users. 23. The financial statements most frequently provided include all of the following
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Running head: MANAGING CHANGE ETHICALLY Managing Change Ethically Argosy University Online Ethics in Business Managing change ethically has become a ubiquitous concern in organizations as they evaluate strategies to increase profit margins and remain competitive in their industry. Outsourcing and offshoring are common business methods used to manage economies. An increase in the use of outsourcing by U.S manufacturing companies in 2001 generated approximately 7.8 billion dollars in spending
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