8 0 3 W BLA 7 3 r e t p a Ch erg b d l o G r o s s e f o Pr Partnerships have existed for thousands of DETAILS: years. partnership can be created with no formalities‚ its partners are managers‚ partners are fiduciaries‚ partners have unlimited liability‚ and partners share profits and losses Example Two students agree to buy basketball tickets‚ to resell them (scalping)‚ and to share the profits. They may not intend to create a partnership‚ but they have. If one of the students has a bad night
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The basic principles of an accounting information system include all of the following except | | | Student Answer: | | cost effectiveness. (Cost effectiveness is one of the basic principles of accounting information systems.) | | | | flexibility. (Flexibility is one of the basic principles of accounting information systems.) | | | | useful output. (Useful output is one of the basic principles of accounting information systems.) | | | | periodicity. (Correct! Periodicity
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Chapter 37 Bronchodilators and Respiratory Drugs A. Diseases of the Lower Respiratory Tract * COPD * Asthma * Emphysema * Chronic bronchitis B. Bronchial Asthma * Recurrent and reversible shortness of breath * Occurs when the airways of the lungs become narrow as a result of: * Bronchospasms * Inflammation of the bronchial mucosa * Edema of the bronchial mucosa * Production of viscid mucus * Alveolar ducts/alveoli remain open‚ but airflow to
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NZ IAS 17 and the concept of accounting for leases has been under scrutiny recently‚ depicted by the statement‚ “Accounting for leases under NZ IAS 17 is arbitrary and obscures economic reality”. The following issues will be further examined in the following discussion; whether the current standard faithfully reflects lease arrangements and whether it is or is not consistent with the New Zealand framework. Where the statement claims ‘NZ IAS is arbitrary’‚ the issue it raises is whether the standard
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(a) Briefly explain what prompted some countries over the world to strongly advocate harmonization of accounting. The important reasons which necessitate harmonization of accounting practices are well contained in the observation made by Saudagaran. “While the initial efforts at harmonization were mainly championed by political bodies and professional accounting organizations‚ current pressures to harmonize are driven by investor groups who use financial statements‚ multinational companies which
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The Big Five Personality Test from personality-testing.info courtesy ipip.ori.org Introduction This is a personality test‚ it will help you understand why you act the way that you do and how your personality is structured. Please follow the instructions below‚ scoring and results are on the next page. Instructions In the table below‚ for each statement 1-50 mark how much you agree with on the scale 1-5‚ where 1=disagree‚ 2=slightly disagree‚ 3=neutral‚ 4=slightly agree and 5=agree‚ in the box to
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“The Bath” by Raymond Carver discusses the themes of communication‚ or rather the lack thereof. At certain points of the story this theme is clearly being presented by the narrative. For example: once Scotty is hit by a car his friend runs up and asks: “what if felt like to be hit by a car” (48). But Scotty never answers as he didn’t feel like talking anymore. This is one example that shows lack of communication in the story that is clearly portrayed by the narrative. The narrative utilized another
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According to Provision 2 of Code of Ethics for Nurses (2015)‚ “the nurse’s primary commitment is to the patient‚ whether an individual‚ family‚ group‚ community‚ or population‚” (Brown‚ Lachman‚ & Swanson‚ 2015‚ p. 269). An interpretation of this provision is that the nurse cares for‚ and is committed to‚ patient and family. Provision 2 also explains that the patient’s family should be allowed and encouraged to participate in the care of their loved one (Brown‚ Lachman‚ & Swanson‚ 2015). I am reminded
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Introduction Lean Consumption Meets Lean Provision Consumption. It sounds so easy. Indeed‚ in advanced market economies‚ it’s often portrayed as effortless. Consumers can get just what they want easily‚ even instantly. And yet‚ the problem is that consumption often isn’t easy and consumers can’t get what they desire. And this is true in every category of consumption‚ for all types of goods and services. In this book we will see why consumption is often hard work for the consumer and is
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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