Question: Examine the advantages and disadvantages for China of harmonization of accounting standards under the current economic and social system. With the development of economic globalization and capital markets‚ accounting standards based on a national system cannot satisfy the needs of users whose decisions are increasingly international. Therefore harmonization of accounting standards has become an inevitable choice for many countries. The Chinese government has introduced four sets of accounting
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In your view‚ what are the advantages and disadvantages of voluntary agreements such as the Kimberly Process and the EITI? Voluntary agreements at industry or country level are becoming very popular in the last years as a way to tackle severe issues that are affecting countries all around the Globe. Although the main scope is really deserving‚ I think that such organization have a limited room to make a real impact in their grounds. Such organizations are pretty visible in terms of politics: local politicians can use the argument of
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There are advantages and disadvantages in every war that can either be minute details or change the whole course of the war. In the Revolutionary war‚ there were many advantages and disadvantages of either side. America and Britain both had different things working for them or against them‚ many of these things were very significant by the end of the war. Although both sides had various advantages and disadvantages‚ America’s advantages outweighed those of the British. In the war‚ America had
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ages Advantages and disadvantages of solar power Advantages- * The energy from the sun is 100% free * Infinite energy * Solar energy is a renewable resource * Eco friendly * Less to no pollution compared to now * Does not emit any green house gasses * Cost effective in long run * Not a lot of maintenance * Most solar panel systems have long life span (30 to 40 years) * And carry full warranty of 20 to 30 years * And if you don’t like bulky solar panels
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Advantages and Disadvantages to Outsourcing Michael Tuohey Misericordia University Abstract Outsourcing is when producers use different companies for certain parts of the production process. The work can be sent to other companies or to different countries. There are many advantages and disadvantages to outsourcing. An example of one of the advantages of outsourcing would be that it makes the prices cheaper in the United States. An example of a problem with or a disadvantage of outsourcing
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had their advantages and disadvantages against each other. The north had Abraham Lincoln as their president who was very leadership skilled‚ with more experience while the south had Jefferson Davis. The north could have better systems and a better way of government. The south had military leadership of Robert E Lee‚ Stonewall Jackson‚ P.T.G Beauregard‚ James Longstreet‚ and J.E.B Stuart. The north only had leadership of 2 people Ulysses S. Grant and William T. Sherman. This was the advantage to the
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Write a 250-word response to each of the following questions: What are the advantages and disadvantages of social media? How might knowing these advantages and disadvantages alter how a person might use social media? One advantage of social media is the ability to stay connected to friends and family‚ especially those you may not see often. You can share photos and even host events which you can invite your friends to. Social media is also a good way to meet new friends and share interests with
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started a new trend which called ’playing video games’.Most people have spent their free time with playing video games and it still keeps going in that way.But for years people asking this question.’Do video games are bad or good?’ One of the advantages of playing video games is improving your vocabulary.Most games are online now and you can’t do anything without making a contact with other players.These players are live in another countries and the only way to communicate with them is using a
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~ Star Topology ~ • A star topology is the most common type of topology. Used in homes and offices. This type of topology is where all of the computers and devices on the network connect to a central device‚ thus forming a star. The central device that provides a common connection point for nods and on the network is called a hub. • On a star network‚ if one of the node fails. Only that node is affected. The other nods continue to operate normally if the hub fails‚ however‚ the entire
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members to the assists of the company. It will be divided into shares of fixed amount‚ these are the shares authorised to issue‚ which will then be the share capital of the business. This is the company limited by shares‚ which will come in in two types. The private company limited by shares‚ and a public limited by shares. A private company can be owned by one person or it can be a family based company.PerS33 of the company’s act 1963 as amended by s7 of the 2006 Act. The company must have share
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