Cost Accounting Chapter Module-1 - Introduction to Cost Accounting Definition Cost: - Generally cost refers to all expenses incurred in producing a product or rendering service. But‚ from the cost accounting point of view “Cost is a normal sacrifice of resources in the creation of product or services”. Costing: - Costing is defined as “the technique and process of ascertaining cost of a given thing”. According to CIMA it is defined as “the establishment of budgets‚ standard‚ costs and
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BUDGET BALANCE • Budget balance (savings by government) is defined by: where : tax revenues : government purchases of goods and services : value of government transfers • Recall that a positive budget balance is a budget surplus‚ and a negative budget balance is a budget deficit. • Effects of fiscal policies: o Expansionary fiscal policies (increased government purchases‚ higher government transfers‚ lower taxes) decrease the budget balance. o Contractionary
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Chapter - 2 Review of Literature CHAPTER 2 REVIEW OF LITERATURE 2.1 INTRODUCTION Review of related literature is an important step in undertaking research. It helps in clarifying and defining the problem‚ stating objectives‚ formulating hypotheses‚ selecting appropriate design and methodology of research as well as interpreting the results in the light of the research work already undertaken. In this chapter‚ an endeavour has been made to provide an overview of various aspects of
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CHAPTER 9 ACCOUNTING FOR RECEIVABLES SUMMARY OF QUESTIONS BY STUDY OBJECTIVES AND BLOOM’S TAXONOMY Item SO BT Item SO BT Item SO BT Item SO BT 5 5 5 5 9 9 1 3 K AP K K K K K K 113. 114. 115. 116. 117. 118. 119. 120. 121. 122. 123. 124. 125. 126. 127. 128. 129. 130. 131. 132. 133. 134. 135. 136. 137. 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 7 7 8 K K K AP AP AP AP K K K C
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INTRODUCTION Flexible work (flexi-work) arrangements have been widely practiced in the developed countries and have proven to be beneficial to both employers and employees. Different types of flexi-work arrangements have been documented that are currently being adopted by corporations around the world including Malaysia‚ Singapore‚ and showcases practical examples of companies which have successfully implemented flexi-work arrangements. The common flexi-work arrangements include: flexi-time‚ permanent
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Assignment Cover Sheet Student Name: Student Number: School of Law and Business Charles Darwin University Casuarina NT 0909 Phone: (08) 8946 6830 KUSH. 272261 Unit Name: Unit Code: ACCOUNTING FOR MANAGERS PRBA007 Lecturers Name: ANNA COOSHNA Assessment Title ASSIGNMENT 2 Semester: Year: Assignment 2 1 2014 Due Date: Lodgment Date: Applied for Extension 02/11/2014 02/11/2014 NO Lodgment Locations: (refer to specific lodgment requirements as set out by the lecturer) DO NOT LODGE
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EXAMPLE OF A REFLECTIVE ACCOUNT FROM WHICH TO DEVELOP AN ACADEMIC POSTER Introduction Recently I have been studying on a Masters course and have been studying about leadership and management in health. I have little practical experience of leadership and management of health projects or services. It is important that I reflect on my learning as I hope to develop my skills and experience of management and leadership once I leave the university. Greenwood( 1993) suggests that reflection is about
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Work-Life Balance… A Case of Social Responsibility or Competitive Advantage? 2002 Worklifebalance.com‚ Inc. Human Resources Dept‚ Dr. Parsons Georgia Institute of Technology Prepared by: Sunil Joshi‚ John Leichne‚ Keith Melanson‚ Cristina Pruna‚ Nicolai Sager‚ Cathi Jo Story‚ Kevin Williams WORK-LIFE BALANCE 1 INTRODUCTION The role of work has changed throughout the world due to economic conditions and social demands. Originally‚ work was a matter of necessity and survival. Throughout
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------------------------------------------------- Formulae Sheet 1. Return on Assets = Net Profit before Interest and Tax / Average Total Assets 2. Average Accounts Payable settlement = Average Accounts Payable / Credit purchases x 365 3. Asset turnover ratio = (Sales / average Total Assets) x 100 4. Asset turnover period = (Average total assets / Sales) x 365 5. Return on Equity (Return on Shareholder’s’ Funds) = Net Profit after Tax and preference dividends / Average ordinary
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Project 5.1.1A Evidence Log Sheet Analyze each piece of evidence presented to your investigative team. Record relevant findings for each artifact in the log sheet below. You do not need to analyze the documents in a specific order. Remember that what you do not find may actually be just as important as information that you do find. Note: Items listed with an * are part of Evidence Report #2. Document Relevant Findings General Laboratory Tests Patient 1‚2‚ and 3 has normal urine. Patient 3
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