Solutions to Lecture Activities ACCT 1046 Introductory Accounting Semester 1‚ 2010 Lecture 1 Unit 1 – Business Decision Making and Accounting Lecture Activity 1 1. The accounting information system comprises four main procedures: analysis‚ recording‚ reporting and identification. The order in which they occur is: a) Reporting‚ analysis‚ recording‚ identification b) Identification‚ analysis‚ recording‚ reporting c) Analysis‚ identification‚ recording‚ reporting d) Identification‚ recording
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Accounting and financial statement • Business going concern- dobry interes = IT WILL CONTINUE INTO THE FUTURE Current market value of its fixed assets is irrelevant‚ they’re not for sale. Fixed assets-środki trwałe. • NET BOOK VALUE->>Historical cost accounting = assets at original purchase price –accumulated depreciation charges. WARTOŚĆ KSIĘGOWA NETTO historyczna kalkulacja kosztów = aktywa w oryginalnej cenie zakupu-zgromadzone odpisy amortyzacyjne
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Costa Rica A significant event in my life‚ that has recently passed‚ was when I traveled to Costa Rica. At the end of my junior year of high school‚ I decided that I wanted to graduate a half year early and travel to do a volunteer project. After my early graduation I traveled with a volunteer group out of Europe to Costa Rica for two months. This event has taught me many knew things and has influenced me to look into more volunteer projects for the future. Trying to decide what volunteer project
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Gamesmanship is when winning is everything for you‚ no matter what you have to do for it‚ even if you have to hurt people on the way‚ even if you have to be unethical. Gamesmanship suggests to go agains the rules to gain a advantage over your opponent to help you succeed. But we sometimes forget winning something being unethical doesn ’t give us the pleasure you get when you win something fairly. Ethics comes from the Greek word ethos‚ which means "character". It defines a man’s character‚ his moral
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Ethics of Decision Making In The Workplace Abstract Ethical decisions in the workplace can be very difficult to make depending on the situation. Sometimes we must rely on our personal ethics and what is in the best interest of the group or of the individual. Ethical decision making in today’s business world is encountered on a daily basis. Many of the results of decisions are based on company policies or ground rules established. Other decisions are based on individual
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Notes on significant figures When we use an equipment to take measurement‚ it is important to be honest when reporting a measurement‚ so that it does not appear to be more accurate than the equipment used to make the measurement allows. To achieve this‚ we can control the number of significant figures used to report the measurement. When we look at a number‚ its first significant figure is the first digit from the left‚ other than 0. E.g. - in the number 539 the first significant figure
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Saraca acoca‚ a potential candidate having a significant antimicrobial activity and widely used in the field of ayurvedic medicine. (Pradhan .P et al.‚ 2009). especially‚ used in treatment of infertility (Roya R et al.‚ 2006). The nanoparticles of silver ranges from 10-100nm and they have very high surface to volume ratio. They have very good solubility‚ stability and also excellent optical‚ electrical and thermal properties. Silver nanoparticle are off different size and shape depending on the
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Process of making decisions and solving problems that arise The decision-making process is a very important one in an Athletic department. It is the key to dealing with any problems that arise. In order to handle issues properly‚ we must evaluate the situation‚ talk with key members involved and then make the decisions based upon those findings. Decisions made in our Athletic Department will be transparent‚ so that everyone knows what to expect. Leadership style In our Athletic department‚ we follow
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CHAPTER 12 Decision Making‚ Creativity‚ and Ethics Nike’s decision to manufacture shoes overseas has prompted critics to claim that it exploits workers in poor countries. Did Nike make a rational decision‚ and is the decision socially responsible? 1 Is there a right way to make decisions? 2 3 4 5 6 8 7 How do people actually make decisions? How can knowledge management improve decision making? What factors affect group decision making? Should the leader make the decision‚ or encourage
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According to Weetman (2006 p25) ‘accounting is the process of identifying‚ measuring and communicating financial information about an entity to permit informed judgements and decisions by users of the information.’ If we extract the suffix of the word‚ we are left with the word ‘account’. To account for something is to take something into consideration. In terms of finance‚ accounting for something can be seen as baring it in mind when compiling financial information. Synony mously‚ taking something
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