1:RELEVANCE: Information should be relevant to the decision making needs of the user. Information is relevant if it helps users of the financial statements in predicting future trends of the business (Predictive Value) or confirming or correcting any past predictions they have made (Confirmatory Value). Same piece of information which assists users in confirming their past predictions may also be helpful in forming future forecasts. Example: A company discloses an increase
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Beginnings In its early years‚ Cold Storage was an independent small retail depot selling mainly frozen meat from Australia‚ and its target customers were mostly Europeans. From 1965‚ to achieve economies of scale‚ Cold storage adopted the concept of multiple retailing‚ where bulk buying activities and distribution of food products to a network of stores throughout Singapore and Malay Peninsula was carried out (Goh 2003). Cold Storage also pioneered the manufacturing of condensed milk and other milk
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Identify Controls 18 points (2 points each) What control or controls would you recommend in a computer processing system to prevent the following situations? A. Working through the main control console‚ the night shift computer operator made a change in a payroll program to alter his rate of pay in his favor. -operator should not have access to program documentation (source code) -use password -console log should be reviewed for unauthorized activity B. A customer payment recorded
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Hazard administration is the recognizable proof‚ evaluation‚ and prioritization of dangers ( as the impact of instability on goals) trailed by facilitated and conservative utilization of assets to limit‚ screen‚ and control the likelihood as well as effect of deplorable occasions or to augment the acknowledgment of chances. Hazard administration’s goal is to guarantee instability does not avoid the attempt from the business objectives. Value beat is a chain marked down departmental stores crosswise
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References: Cloud H‚ Townsend S‚J‚ 2003: Making small groups work: what every small group leader needs to know. Orange California published by Yates & Yates. Shuman S 2005‚ I.A.F. handbook of group facilitation:best practices from the leading organization in facilitation. San Francisco California: Jossey-Bass K sapin 2008 essential skills for youth work practice London sage Hunter D‚ et al 1996‚ The facilitation of groups Hampshire Gower publishing limited
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Flywheel energy storage works by accelerating a rotor (flywheel) to a very high speed and maintaining the energy in the system as rotational energy. The energy is converted back by slowing down the flywheel.Flywheel energy storage system is one form of energy storage devices. It is basically a rechargeable battery. It is used to absorb electric energy from a source‚ store it as kinetic energy of rotation‚ and then deliver it to a load at the appropriate time‚ in the form that meets the load needs
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introduction the SUPERMARKET SUPERMARKET: a large self-service shop selling foods and household goods Provision stores and grocers Supermarkets These two categories will be considered Hypermarkets Examples of local supermarkets NTUC FairPrice Cold Storage Shop n Save Giant Sheng Siong an OLIGOPOLY Oligopolies have: A few dominant firms High barriers to entry Homogeneous/Differentiated products Mutual interdependence analysis and evaluation analysis and evaluation Is the supermarket industry
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Complementary medicines and alternative therapies are a growing part of health care in America today. Americans spend billions of dollars a year on alternative treatments and most medical schools offer courses in alternative therapies. Not to mention in some countries complementary medicine may be the only form of healing available but in the west many people choose this from of treatment to supplement the services provided by otherwise orthodox medicine. Complementary alternative medicine (CAM) encompasses
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Childminders are responsible for planning and preparing a programme of play based activities and in the completion of all relevant record keeping‚ paperwork and administration. Responsibilities and Duties All Childminders have a responsibility to promote and demonstrate a high level of professionalism when carrying out their work. Quality Child Care To provide high quality care by • to plan‚ provide and take part in play based activities that stimulate and support children’s
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Cloud Storage I Need a Place to Store My Stuff In one of his comedic sketches‚ George Carlin talked about the whole point of life was to acquire new stuff. With the acquisition of new possessions‚ a place to store them becomes necessary‚ thus bigger houses are purchased to provide more space for storage of our possessions or companies are paid for storage spaces. The same can be said about computer information‚ as data accumulates storage needs increases. To satisfy that need‚ larger hard disk
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