Advantages and disadvantages of Historical Cost accounting Historical cost accounting has been a controversial method that experienced many criticisms over a period of time‚ especially since it considers the acquisition cost of an asset and does not recognize the current market value. Merits and demerits of this method are as follows. The most obvious advantage of HC accounting is objectivity. It is a predominantly objective system‚ which records the original cost of an item when it was purchased
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1. Disadvantage 1. It destroys your social life and interactions with humans if you do not maintain the balance. 2. It may effect to the destruction of your eye sight due to radiation. 3. It may cause pimples and wrinkles. 4. It may damage your studies and life. 5. Too much time in front of monitor may adverse effect your eye sight and can also make you fat. 6. The way it distracts and can deviate our thoughts and activities towards unproductive activities. 7. It could cause violation
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networking system‚ e-mail has become more popular in today’s world. E-mail has an enormous influence in communication‚ both professionally and socially. However‚ there are both positive and negative effects of using e-mail. E-mail brings a lot of benefits to society. First of all‚ the main advantage of e-mail is that it is the fastest and easiest way of communication. While the postal service takes longer to send a letter from one country to another‚ e-mail delivery system can send a mail within a minute
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The Advantages of using Facebook by Students: It gives students additional knowledge. Facebook is an account which can help everyone to connect with different people from anywhere in the world‚ include the students. It will improve their knowledge about other places‚ customs and cultures. For example English students can improve their English by using chatting application that is provided in Facebook. In facebook‚ students be able to chat with foreigner in other countries. Therefore‚ students
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What are the advantages and disadvantages of principles-based accounting? Perhaps the primary benefit of principles-based accounting rests in its broad guidelines that can be applied to numerous situations. Broad principles avoid the pitfalls associated with precise requirements that allow contracts to be written specifically to manipulate their intent. A 1981 study sponsored by FASB found evidence that managers purposefully try to structure leases as operating leases to avoid incurring additional
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20th century. We cannot image our life without the mobile phone. Like this‚ it is obviously a truth that using mobile phones gives us enormous benefits in all aspects. Otherwise‚ this causes some trouble in a specific situation. In this essay‚ I will explain about the advantages and disadvantages of using mobile phones with some examples to support my opinion. At first‚ I believe that using mobile phone have contributed our communication to make easier than before. As you know‚ 30 years ago‚ all
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Mobile phones are one of the most positively viewed inventions in the technological era. Considering that fact a serious question arises. Are there any advantages and disadvantages of using a mobile phone? Earlier days‚ when we were out of home or office‚ we needed to search for a public telephone booth to make a phone call. Now‚ we pick up our mobile phone and dial. It is a fact that having a mobile phone nowadays is a sort of a necessity. Mobile phones‚ formerly use only for making a call‚ were
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What are the advantages and disadvantages of telling stories using moving images? The overall objective and purpose of telling a story is to engage with the audience to convey the meaning of a plot and create a human connection on an emotional level (Batty p292). Stories can be told in a variety of ways‚ and the method by which a story/narrative is told determines the way in which we connect and interact with it emotionally. Each mode of story telling is capable of presenting the same story in different
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and they are dramatically changing the way people contact with each other. They can be devices that give us more convenient‚ but cause us some trouble. For these reasons‚ we need to point out the mobile phones offer both advantages and disadvantages. To begin with the advantages‚ mobile phones are placing an important part in our life because of its convenience in communicating and relaxing. Today‚ mobile phones have become popular for everyone‚ so you can use them to communicate with your family
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What are the advantages and disadvantages to teamwork? Teamwork‚ some think it’s just plain boring while others think it’s fun and very helpful. Teamwork mostly only has advantages. We can see them and name them. Meanwhile‚ teamwork also has small disadvantages here and there‚ usually hard to see them in our everyday work. Why is it worth working in a team and sometimes not? Would you work in a team and get things done faster and more professional or would you rather work by yourself
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