comparability identified in the IASB’s Framework for the preparation and presentation of financial statements (Framework) are some of the attributes that make financial information useful to the various users of financial statements. Required: Explain what is meant by relevance‚ reliability and comparability and how they make financial information useful. (10 marks) (b) During the year ended 31 March 2006‚ Porto experienced the following transactions or events: (i) entered into a finance lease to
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and grateful and most of all I always get what they teach and I am happy for that virtue.I always help my mother in household chores and I also do my all-around responsibilities in home. Me is my self I am responsible to the things that are happening in my life‚so whatever comes‚we cannot do anything better than accept it with all the thanks and gratitude‚the law of life is love‚and the moment we have anything‚we will surely know what we can do best and definitely advance towards
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Montessori wrote about “The Secret of Childhood”. Describe what she meant by this. In one of Dr. Maria Montessori’s book‚ “The Secret of Childhood” where she continued and further elaborated her work on child development‚ one of her important findings in her research was “Sensitivity Period” in the child. These are important periods of childhood development. A sensitive period is a period of time when a child passes through special times in his life and spends much of his time to focus on one
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the Germans survive...devastation‚ and live amid endless blocks of shattered homes...?”This was the question that Earl Beck voiced after he saw the ruins that were Post World War II Germany. How could one come out‚ with a sense of starting over after what Germany went through? One could get through times of uncertainty and chaos with a sort of “safe place.” Usually these places were an actual city or house‚ the family‚ or retreating into their minds. Now not all the “safe places” were
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Science and technology is a critical and greatly improving area in most countries if not all. However‚ as it requires large amounts of man power and materials‚ a great deal of money is required. Governments provide a substantial amount of this money‚ and therefore they often make decisions regarding the direction and quantity of the money that should be placed into certain technologies. It is also the government’s role to decide which technologies will be used‚ and how (Bridgstock 1998:12). During
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Explain what is meant by cultural deprivation and how it may affect achievement? Cultural deprivation can be explained by a whole branch of sources for example Basil Bernstein’s speech code is one; the speech code consists of the elaborated and restricted code. The elaborated code is the middle class’ respected code whereas the restricted code is the working class’ simple non educated way of speech. These linguistic codes were said to be correlated with class differences in family organization‚ power
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Meant to be or have to be: Love vs Arranged Marriage Should love come before marriage or after marriage? Many people‚ in their life‚ have contemplated if they are ever going to find the right person. They start thinking if they should get an arranged marriage. As time goes by‚ they change their mind because they cannot imagine the fact that in an arranged marriage‚ you will be marrying a stranger. So‚ they wait for their future lover. In America‚ there is a western-style marriage where the people
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With case examples‚ explain what is meant by the terms offer and acceptance‚ in reference to English Law. 1. The terms offer and acceptance are terms most commonly found in contact law. An offer makes up the first part of a contract‚ it is imperative that the offer is definite. The term offer is defined by Treitel as: ’...an expression of willingness to contract on specified terms‚ made with the intention that it is to become binding as soon as it is accepted by the person to whom it is
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“When something terrible happens‚ the idea that ‘it is meant to be…’” The statement is false. Terrible things occur due to fate‚ which occurs due to one’s own decisions. The Holocaust for example‚ Hitler made the decision to enslave Jews and other undesirables‚ which ultimately led to their demise. It was Hitler’s decision to purge Germany‚ and his decisions had an impact on multiple families across Europe. Fate does not occur without reason. Fate is simply the result of an action or an occurrence
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Explain what is meant by Wine of Astonishment when say how it relates to what takes place in the West Indies novel. The name Wine of Astonishment derived from Psalm 60:3. Thou hast shown thy people hard things: thou hast made us to drink the wine of astonishment. The people might have been through hard times like the people of Bonasse. Things were not going the way that they like. That was the meaning of shown thy people hard things. The wine of astonishment might mean to weaken the people‚ to take
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