1) Hahn Company uses the percentage of sales method for recording bad debts expense. For the year‚ cash sales are $300‚000 and credit sales are $1‚200‚000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn Company make to record the bad debts expense? Debit Bad Debt Expense $12‚000‚ Credit – Allowance for Doubtful Accounts $12‚000 2) Using the percentage of receivables method for recording bad debts expense‚ estimated uncollectible accounts are $15‚000
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Practice Questions for AMFI Test 1. A close-ended mutual fund has a fixed : a. NAV b. fund size c. rate of return d. number of distributors 2. The maximum load that a fund can charge is determined by the : a. AMC b. SEBI c. AMFI d. distribution agents based on demand for the fund 3. The amount required to buy 100 units of a scheme having an entry load of 1.5% and NAV of Rs.20 is : a. Rs.2000 b. Rs.2015 c. Rs.1985 d. Rs.2030 4. A gilt fund is a special type of fund that invests
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cost advantages entrants have to pay higher prices for inputs‚ this may be due to economies of scale or due to existing firms owning or controlling the supply of scarce resources. Scale economy barriers exist when declining LRAC for the product in question makes it difficult for smaller firm to enter the market. Perfectly competitive markets are said to have 0‚ or low‚ barriers to entry compared to monopoly industries which have very high barriers. It is possible for monopolies to own patents and
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1. Describe the life and works of Dr. Maria Montessori? Dr. Montessori is recognized as the founder of Montessori Method and one of the pioneers in the development of early childhood education. She is also respected and reputed for promoting a substantial number of important educational reforms‚ which now have become integral components of 21st century’s educational core. She is one of the most renowned women in the history of education of children. Her revolutionary and innovative findings and
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Example Questions Essentials of Organizational Behavior. 1 Ch.1 The underlying principle of scientific management was to: A) structure organizations for the efficient management of people. B) apply statistical analysis to the design of jobs C) get people to do more work in less time. D) eliminate the need for first-line supervisors C 2 Ch.1 The human relations movement A. emphasized the importance of employee training and development. B. encouraged employee participation in organizational decision
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Elements of Montessori Education Montessori education is a child centric method of education that caters to the complete development of the child. The three key elements of the Montessori method are - The adult (Directress)‚ Prepared environment & Montessori materials. The adult (Directress) The Montessori directress plays an important role in the development of the child. She needs to offer the child what he needs‚ but unobtrusively & indirectly. She should stimulate the child to work for
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MONTESSORI MONTESSORI education is an educational approach developed by Italian physician and educator Maria Montessori. Montessori education is practiced in an estimated 20‚000 schools worldwide‚ serving children from birth to eighteen years old. Montessori education is characterized by an emphasis on independence‚ from freedom within limits‚ and respect for a child’s natural psychological development‚ as well as technological advancements in society. Although a range of practices exists under
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Vs. Jean Piaget’s Theory Maria Montessori and Jean Piaget are two educational philosophers whose theories are still being used and influence today’s educational system. Their theories and methods were revolutionary for their times‚ but they came to be greatly respected. Both of these theorist developed their own stages of child development and were able to base education on these stages. Although in many ways Piaget and Montessori were very similar in their thinking they were also
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MONTESSORI SYSTEM By: Saleem Younis Cheema (Chairman Angels School System Daska) M.A. (Education) M.A. (Pol. Sc.) M.A.(History) D.I.A.‚ P.G.D.E.‚D.C.S.‚ D.E.L. Diploma in Montessori (American Council) Diploma in Admin. (Govt. of Pak.) Certificate in Education‚(Oxford University) Certificate in Teacher
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“The Montessori Method” Review Paper Lisa Ahlgrim National Louis University Maria Montessori was a visionary woman‚ passionate about providing quality education to all children. Born in 1870‚ at a time where few women attended college and were not expected to work in any area other than teaching‚ Maria grew up determined to become a doctor in spite of society‚ and even her father’s reservations. She was not accepted into the University of Rome‚ but with her spirit of perseverance‚ Maria gained
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