Advantages of marginal costing (Relative to the absorption costing) Preparation of routine operating statements using absorption costing is considered less informative for the following reasons: 1. Profit per unit is a misleading figure: in the example above the operating margin of Rs2 per unit arises because fixed overhead per unit is based on output of 5‚000 units. If another basis were used margin per unit would differ even though fixed overhead was the same amount in total 2. Build-up or run
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THEME: Accelerating Rural Growth and Empowering the Rural Poor TOPIC: The efficiency of the Samurdhi program in accelerating rural growth. By Fathima Shazana Magdon Ismail (Department of Economics‚ University of Colombo‚ Colombo 3‚ Sri Lanka) Background paper for the 5th South Asian Economics Students Meet‚ 28th January to 3rd February 2008‚ New Delhi‚ India Accelerating Rural Growth and Empowering the Rural Poor The efficiency of the Samurdhi program in accelerating rural growth
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get across that children should not keep secrets but tell a ’safe’ person. This safe person could be a teacher‚ teaching assistant‚ friend‚ family member someone who the child feels they can speak to. They should be taught that no one should take advantage of them/do things that they know is not right. Getting this across will be different for different ages and stages. For very young children we may talk of keeping safe by reading a story such as Red Riding Hood and this will give us an opportunity
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Advantages and disadvantages of democracy. Concepts of democracy (essay) I’m going relate about democracy regime of operation. Actually I’ll do accent on disadvantage of democracy. Because majority of the country is developing in democracy way‚ but not every country achieves perfection in spite of that democracy is the best and more acceptable way of operation. Disadvantages of democracy. I think who represent the democracy system is the ideal political regime they aren’t right. In practice
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Dress for the next level. Leaders should be familiar with the book entitled‚ Empowering Yourself‚ by Harvey Coleman. This book highlights the PIE model (Performance‚ Image‚ and Exposure). Performance emphasizes the daily tasks that the employee is assigned and responsible to do with quality and thoroughness‚ with approximately 10%
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What are the differences between absolute advantage and comparative advantage? Absolute advantage and comparative advantage are two basic concepts to international trade and perhaps two most important concepts in international trade theory. Under absolute advantage‚ one country can produce more output per unit of productive input than another. With comparative advantage‚ if one country has an absolute (dis)advantage in every type of output‚ the other might benefit from specializing in and exporting
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What is the difference between competitive advantage and comparative advantage? Answer: An advantage that a firm has over its competitors‚ that differentiates the Product or services offered by the firm and allows the firm to reduce it’s Cost or generate Higher Revenue or Margin is known as Competitive Advantage. A competitive advantage is something that a consumer views in a product or service as having higher value than the other competitors of the firm in the industry. It is an expertise that
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The Advantages of ERP As companies grow and departmentalize their operations‚ it is increasingly important to ensure that the separation of function does not inhibit efficiency by erecting communication barriers. Smaller companies may be able to find tools to prevent this problem from occurring. Others‚ especially larger companies that operate complicated supply chains with thousands of suppliers and customers find creating effective links between departments more difficult. One way companies
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look bad on my transcript. This wouldn’t just affect me now but in my future too. That if I didn’t make a change today where would I go tomorrow. I made a change and I applied to be an ACCESS mentor. ACCESS is an acronym for “A Caring Community Empowering Student Success”. That was just what it was. It was a group of upperclassmen that spent time at the end of their day to help freshmen better adjust to high school. First you have to apply to it and that only a handful are selected. The ones selected
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day fulfils the necessary requirement of this liquid our body demands. For a long time now‚ I have been searching regarding the benefits associated with water. Finally‚ after reviewing countless websites‚ I have compiled a list‚ highlighting the advantages of drinking water that can surely help you in living a healthy life. So‚ here are the 11advantages of drinking water: 1) Water is the only liquid on Earth that safely reduces weight. It removes the by-products of fat and keeps you fresh and healthy
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