Accidents are common in big cities. We daily hear of road accident and read about them in newspapers. Such accidents happen often as the result of carelessness of the drivers and their negligence of the traffic rules. One evening my brother and I decided to see a film at Sangam Cinema in the main highway of Chennai. As we were going late for the show‚ we began walking faster along the crowded road. All of sudden there was a loud noise. I saw a man rolling on the ground. He was knocked down
Premium English-language films Automobile Truck
Road accident | Not a single day passes off these days without the news of road accidents claiming lives of the people. No sooner had the Karnali road accident happened in Jajarkot in which several dozen people were killed a fortnight ago‚ a bus accident claimed six lives in Prithvi Highway the other day when the speeding bus skidded off the road to plunge in the Trishuli River. Similar major and minor accidents occur regularly on the highways‚ feeder roads and fair weather tracks killing passengers
Premium Tram accident Freeway Road
1. What are the revenue streams for TechMall? The revenues streams for TechMall include the following: a. Setup Fee Revenue b. Statement Fee Revenue c. Transaction Fee Revenue 2. What drives each of the revenue streams? a. Merchant setups drives the Setup Fee Revenue (Setup Fee Revenue=Merchant setups*$750); b. System merchants drives the Statement Fee Revenue (Statement Fee Revenue=System Merchants*$50); c. Total transactions‚ and Transaction Dollars drives the Transaction Fee
Premium Revenue Merchant Merchants
PRICE ELASTICITY OF DEMAND (PED) & REVENUE Price elasticity of demand (PED) is particularly important to businesses‚ because of its effect on their revenue (income). Consider the following examples: 1) Mrs Robinson wants to increase her business’s revenue‚ but can’t decide whether she should increase or lower her prices. She currently charges £1 per unit and sells 1‚000 units. She knows that the PED for her product is (-) 0.4. What will happen to sales‚ sales revenue and profit if she: a) raises the
Premium Supply and demand Revenue Marketing
The issue of revenue recognition practices is an area that has received a lot of attention from regulators. Whenever there is a report of financial restatements or negative earnings‚ regulators pay extra attention to review the financial statements in order to verify that that there are not any indications of financial fraud or that the organization overstepped their boundaries in the area of managed earnings. The reason that regulators have taken a special interest in financial accounting and potential
Premium International Financial Reporting Standards Financial Accounting Standards Board
The revenue recognition principle is a foundation of accrual accounting and one of the main principles of GAAP. The revenue recognition principle is a set of guidelines that helps accountants to identify when a revenue event has taken place and how to appropriately record cash exchanges before‚ during‚ and after the revenue event. According to the revenue recognition principal‚ revenue must (1) be realized or realizable and (2) earned‚ in order to be recognized. According to the SEC revenue is realized
Premium Generally Accepted Accounting Principles Ethics Auditing
Road accidents are reported in newspaper and on television every day. There are more frequently caused by reckless drivers rather than faulty vehicles. Last Saturday‚ while I was travelling from Ipoh‚ I witnessed a serious accident. The scene of the accidents was vivid in my mind. A motorcyclist was following behind was taxi very closely. He was so impatient that he was trying to overtake my taxi even near a sharp bend. At that critical moment‚ there was an oncoming car. The taxi driver
Free English-language films American films
HISTORY OF TAXATION IN GHANA Introduction & Definition of taxation: To tax (from the Latin taxo; "I estimate") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law. A tax may be defined as a "pecuniary burden laid upon individuals or property owners to support the government [...] a payment exacted by legislative authority." A tax "is not a voluntary payment
Free Tax
Q1. How might revenue management be applied to a professional services firm (e.g. consulting)‚ a restaurant‚ and a golf course? What rate fences would you use and why? Revenue Management for a professional consulting firm:- Revenue management for a professional services firm can be applied by defining different packages for major clients‚ minor clients & new clients. Model can be adjusted as fixed price model as well as fixed plus variable cost model. This can be further differentiated with proficiency
Premium Price Pricing Restaurant
examine carefully some time tested procedures and the challenges the Revenue Authorities faces when mobilizing revenue. Various scholars and administrative practitioners have put out a lot of theories‚ concerns and views on GRA’s ability to mobilize revenue and how these monies mobilized are spent. Among the reasons assigned by such concerns and opinions is‚ the challenges of the GRA administration is to be blamed on inadequate revenue mobilization‚ due to lack of mission or comprehensive functional
Premium Tax