Unearned revenues are revenues that are received before the company delivers goods or provides services. Some industries that have unearned revenues would include magazine publishers as they only receive checks from customers once the magazine is ordered. Until then the company awaits payment and does not have this in advance. Another company would be airlines because they receive cash once the tickets are sold for future flights. Unearned revenue is used by any company that accepts payments or deposits
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How to save tax in 2013: Your guide to planning The most important rule of tax planning is that it is no different from financial planning. The Section 80C offers a wide range of options‚ each suited to a different need. Choose an option that fits into your overall financial plan‚ not because it offers good returns or your brother-in-law is selling it. It is easier to identify the best option if you do not leave tax planning for the dying days of the financial year. You get a rough idea of
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Procurement Planning CPMGT302 Kerzner (2009) defines procurement and contracting as the "process that involves two parties with different objectives who interact on a given market segment." (p. 840) As with every phase of project management‚ proper planning is key to the success of any project by ensuring the project gets the most out of any supplier relationships. This paper will define the project procurement
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the safe and effective delivery of quality care and evaluate the organisation and management of an aspect of nursing care. Discharge planning can be defined as the assessment of inpatients medical conditions for the purpose of arranging appropriate care upon leaving the facility‚ within this planning it includes how long the patient will be in the hospital‚ the expected outcomes and whether there are special needs or requirements on discharge Watts and Garner‚ (2005). According to Goodman‚ (2010)
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Palms Hospital (Traditional Project Analysis) Palms Hospital * 250 bed capacity; investor owned; Islamorada‚ Florida * Founded in 1946 by Rob Winslow‚ went back in 1967 after the war * High economic growth‚ population expansion * Acknowledged to be one of the leading healthcare providers in the area * Currently evaluating a proposed ambulatory (outpatient) surgery centre * More than 80% o all outpatient surgery is performed by specialists * Minor procedures take about
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INTRODUCTION Many business owners prepare a business plan before starting their business. However‚ small business owners often do not include human resource planning as part of their over-all business plan. They may start out with only a few employees or none at all. Over time‚ it is important to properly forecast employment needs. Just as failing to address potential threats in the marketplace can jeopardize the viability of your business‚ failing to anticipate personnel needs can impact on
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research questions. Therefore the data collected on the effectiveness of the ZDF BF internal controls could be justified. Figure 4.4 displays the subjects’ response rate. Figure 4.5: Response rate. Source: Primary Data. 4.2 The Nature and Type of Available ZDF BF Internal Control System The discussion‚ on the evaluation of ICS in the dissertation‚ was mostly based on the COSO Integrated Internal Control Framework given its broad concepts‚ applicability to most entities and consolidated history
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A question frequently asked today is whether planning has any relevance in a world of economic liberalization and the market economy. The short answer is that it does‚ but not the kind of planning we practised in the past which derived its rationale from the belief that centralized control on resource allocation‚ with extensive intervention in private sector decision making‚ was necessary to achieve rapid growth. Amartya Sen’s article‚ which is reprinted in this volume but which first appeared
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1. How can using personal financial planning tools help you improve your financial situation? Describe changes you can make in at least three areas. Personal financial planning helps you create a stable future and improve helps create a stable future and improve your financial status by creating a plan that lets you save and invest your money so that it can start working for you. A comprehensive financial plan can enhance the quality of your life and increase satisfaction by reducing uncertainly
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Substantive Audit Testing: Revenue Cycle 1. Substantive Audit Testing: Revenue Cycle 2. MULTIPLE CHOICE: 3. 1. Which of the following might be detected by an auditor’s review of the client’s sales cut-off? 4. a. Excessive goods returned for credit. 5. b. Unrecorded sales discounts. c. Lapping of year end accounts receivable. d. Inflated sales for the year. 6. ANSWER: D 7. 2. Which of the following forms of evidence represents the most competent evidence that a receivable actually exists? 8. a. A
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