Unit 301: Understanding the principles and practices of assessment Question 1: Define the key concepts and principles of assessment We should always consider what the assessment experience of assessment is like for our learners. Considering key principles in the designing of our assessments will keep our views fresh and reflective. Key principle 1: Put the learner at the heart of the assessment. The assessment experience should be a motivational one for our learners. It is only by
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external users 4. FASB – responsible for GAAP (accounting principles) 5. Accounting Equation 6. Know the 3 activities that business engage in and give examples of each activity. (These 4 questions also relate to Chapter 12‚ The Statement of Cash Flows) 7. The International Accounting Standards Board is responsible for developing a single set of worldwide accountings standards (IFRS). 8. These standards will help companies to reduce accounting costs‚ make it easier to acquire foreign companies
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3101AFE TUTORIAL 1 – Semester 1 2014 Deegan Topic 1 Introduction to financial accounting theory 1.1 What is the difference between a positive theory of accounting and a normative theory of accounting? 1.6 The IASB and the FASB are currently developing a revised conceptual framework of financial reporting. If you have been asked to review the framework—which is an example of a normative theory of accounting—why would it be important for you to pay particular attention to how the objective
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Chapter 8 – Goods and services tax Objectives The aim of this chapter is to introduce students to the fundamental concepts of the goods and services tax (‘GST’) and how it operates in Australia. Chapter 8 – Goods and services tax - overview: 1. Introduction 2. Relevant legislation 3. Format of the Acts 4. Policy reasons behind GST 5. Comparison to PAYG reforms 6. Terminology 7. Taxable supplies 8.
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accounting standards accounting standards Introduction to Accounting Standards Accounting is the art of recording transactions in the best manner possible. Accounting Standards are the policy documents issued by recognized expert accountancy bodies relating to various aspects of measurement‚ treatment and disclosure of accounting transactions and events. Every country has its own standards. Accounting Standards in India are issued by the Institute of Chartered Accountants of India (ICAI)
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Executive Summary Marketing Principles is the study of what people think‚ feel and do in and around Global market. involves getting the right product at the right price‚ at right time‚ promoted using the right messages‚ media and sold in the right place.. Therefore‚ Identify the Strength‚ Weakness‚ Opportunities and threats are very important. Marketing Principles knowledge also has a significant effect on the success of Marketing. This book takes the view that Marketing Principles is for
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The concept of nature in English and Kazakh literature The content: 1. Introduction Chapter 1. Concept- a notion or statement of an idea 2.1 A concept is a fundamental category of existence. 2.2 Сoncepts as mandated by a particular mental theory about the state of the world. 2.3 A concept is a common feature or characteristic 2.4 The notion of sense as identical to the notion of concept 1. A general idea derived or inferred
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— RINT - Task 2: SCIENTIFIC CONCEPTS‚ THEORIES‚ & INQUIRY — Harrison Rusinyak — Scientific Concepts or Phenomenon — Solar System — The Solar System in past concepts. — Earth was thought to be the center of the Universe. — The stars and planets revolved around the Earth. — The Earth was thought of as flat. — No one experimented to see how far they can see. — The Solar System current concepts. — The planets revolve around the sun
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timber (Weyerhaeuser) 3a. Sawmills: Cut timber into various grades of wood (Weyerhaeuser) 3b. Pulp and Paper Manufacturing: Grinds timber into pulp and converts the pulp into various grades of paper and cardboard (International Paper) 4a. Intermediate Users of Wood: Engage in construction and furniture manufacturing (Masco) 4b. Intermediate Users of Paper: Manufacture containers and packaging (Owens-Illinois) and various commodity and specialty papers (Georgia-Pacific) 5a
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as a cost that can be easily and conveniently traced to a specific cost object. They go on to say that the concept of direct cost extends beyond just direct materials and direct labor. This is a reasonably accurate definition but I think you need a little more information to help you understand how to use this concept. There are certain features of direct costs that I would like to explain with this note. In the problems in Chapter 2‚ it is generally assumed that direct costs are physically traceable
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