internet in every classroom. Even more exciting than this is the newest technology: Wireless. A school can purchase a ’Portable Classroom’. This consists of laptops networked together‚ allowing students to work at their desks without wires. If the laptops are networked to a printer‚ students can print from their personal computer to the classroom printer. Imagine the possibilities! How to Integrate Technology Research Research is the number one reason to use the internet in education. Students have
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The difference between capital and revenue expenditure is a capital expenditure results in an addition to an asset account whereas a revenue expenditure results in an addition to an expense account. Capital expenditures are payments for asset alterations‚ additions and replacements. Revenue expenditures benefit a current period and are made to maintain assets with routine repairs or replacement of a minor part. Again capital expenditure will benefit 2 or more accounting periods through depreciation
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Can HR be a strategic partner to the business? The article I have chosen is around the question whether ‘HR can be a strategic partner to business’ and how? One of the reasons I chose this article is because during our combined class with the Temple Executive MBA batch‚ we realized that a lot of business people do not consider HR to be a strategically thinking department. It was quite surprising as well as shocking to hear that‚ according to business‚ HR is considered a clerical and administrative
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importance for every organization to employ a right person on a right position. And recruitment and selection plays a pivotal role during such situations. With shortage of skills and the rapid spread of new technology exerting considerable pressure on how employers perform recruitment and selection activities‚ it is recommended to conduct a step-by-step strategic analysis of recruitment and selection processes. With reference to the current context‚ this paper presents an incisive review of previous
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PAYROLL AND PERSONNEL CYCLE CHART Journals needed for this cycle is the payroll journal and the general journal. In this cycle‚ transactions such as payroll taxes are checked to make sure they are deducted and remitted to the appropriate agency‚ and that payroll is accrued. The payroll and personnel cycle begins with the hiring of personnel and ends with payment to the employees for the services performed and to the government and other institutions for the withheld and accrued payroll taxes and
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Just like any other business that keeps track of claims for payments the health care industry also has a system of their own called The revenue cycle. The revenue cycle manages claims processing‚ payment and revenue generation. Meaning the process includes keeping track of claims and making sure payments are collected and denied claims are addressed in an appropriate manner. In present times health care industry is a very complicated in terms of managing the services provided. A physician must document
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Business finance is one of the most important aspects of running and maintaining a business. Finances dictate the success or failure of a business. If a business owner does not properly maintain their business finances then they will soon see problems arise. Business finance is something that every business owner must deal with and understand. Part of business finance is setting up proper cash flow. A business owner needs to clearly define their accounts receivable and accounts payable. They need
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Revenue Cycle and Control Activities The revenue cycle for many companies is considered the primary source to earn revenue from the sale of goods or service. Good controls must be established to maintain the effectiveness of receivables and credit sales‚ not doing so can harm the company and might be costly to the business. Six classes of internal controls guides us in evaluating and designing transaction processing. They are authorization‚ supervision‚ segregation of duties‚ access control‚ independent
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Expenditure Cycle Introduction Definition: recurring set of business activities & related info-processing operations‚ associated with procuring goods & services from suppliers (primary external info exchange) & cash disbursements Objectives: minimise total cost of acquiring/maintaining inventory‚ supplies & services Goals of Expenditure Cycle • Purchase from reliable vendors (service-focused) • Purchase high quality items (quality-focused) • Obtain best possible prices for
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BUSINESS CYCLES Trend and cycle of the business cycle Phases of the cycle Pro‐cyclical‚ counter‐cyclical‚ and a‐cyclical variables Lead‚ lagged‚ and contemporary variables Stylized facts and cyclical behavior of key macroeconomic variables 2 BUSINESS CYCLES Over time GDP grows but not in a linear way GDP 2006 constant prices (in logs) 6.5 6.3 6.1 5.9 5.7 5.5 5.3 5.1 4.9 4.7 4.5 3 BUSINESS CYCLES Time Series Components 1. 2. 3. 4. Trend (long‐run) Cycle (short‐run)
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