Existing lease accounting standards require lessees to classify their lease contracts as either finance or operating leases. If a lease is classified as a finance lease‚ assets (and liabilities) are recognized in its statement of financial position. For an operating lease‚ the lessee simply recognizes lease payments as an expense over the lease term. This split into finance and operating leases has given rise to a number of problems. The International Accounting Standards Board (IASB) and the
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Case 4. “Living by Number – Value Creation or Profit?” 1. Determine the economic earnings of MarineCorp Sdn Bhd (MarineCorp)‚ Green Port Sdn Bhd (Green Port) and Sungai Emas Sdn Bhd (Sungai Emas Port) Economic Earnings = NOPAT – (WACC x Average Invested Capital) = NOPAT – Capital Charged (a) MarineCorp Sdn Bhd Economic Earnings = RM 15‚128‚917 – RM 854‚306 = RM14‚274‚611 (b) Green Port Sdn Bhd Economic Earnings = RM 31‚381‚168 – RM 45‚969‚400 = (RM 14‚588‚232) (c) Sungai
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April 9‚ 2012 Terance Carlson This paper will discuss three main operating systems‚ Windows‚ Linux‚ and OS X. All three of these operating systems have features which are unique unto themselves. Although there may be arguments as to which one of these three operating systems is better it really all comes down to what features are needed for each user. This paper will describe the features that each of these operating systems has to offer. First‚ Microsoft Windows. Microsoft began its dominance
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changing an operating system......... An operating system is the program that manages all the application programs in a computer system. This also includes managing the input and output devices‚ and assigning system resources. Operating systems evolved as the solution to the problems that were evident in early computer systems‚ and coincide with the changing computer systems. Three cycles are clear in the evolution of computers‚ the mainframe computers‚ minicomputers and microcomputers‚ and each
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LLC Operating Agreement LLC operation agreement includes: formation‚ name‚ purpose‚ term‚ name and address of member‚ initial contributions‚ distribution‚ gains/losses‚ management of company‚ decision making‚ withdrawal and dissolution of the company. An operating agreement defines the organization. Such as the purpose‚ power and duration of the LLC. It also as information about the
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13-22 a. (2) A test of control. b. (2) Relative effectiveness and efficiency of the tests. c. (1) Substantive tests. d. (4) IV‚ I‚ III‚ and II 13-23 a. (2) Tests of controls include observations of the proper segregation of duties. b. (3) Tests of controls. c. (1) A reasonable degree of assurance that the client’s internal controls are operating effectively on a consistent basis throughout the year. d. (3) Reperformance. 13-24 1. Foot the accounts payable trial balance and compare
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1. In a multiprogramming and time sharing environment‚ several users share the system simultaneously. This situation can results in various security problems. a. What are the two such problems? Ans: The two problems in Multiprogramming and time sharing environment are Stealing or copying a user’s files; Writing over another program’s (belonging to another user or to the OS) area in memory; Using system resources (CPU‚ disk space) without proper accounting; Causing the printer to mix output by
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Utilitarianism is fine if your among the winners justice is better if you are not Utilitarianism is the moral philosophy that the morally right action is that which leads to the greatest happiness for the greatest number of people. The term justice means getting what you deserve both good and bad. However there is significant disagreement between justice theorists as to what causes who to deserve what. In this essay I will be discussing John Rawls’ concept of contract justice and Robert Nozick’s
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N/S FIRST NAME SURNAME REGISTRATION NUMBER 1 2 NKURUNZIZA Alphonse PSF20114402 3 NSABIMANA Anselme PSF20114652 4 NSABIMANA Noel PSF20114655 5 NSANZAMAHORO Olivier The chosen enterprise is Bralirwa ltd. First part of our assignment report focus on description and nature of business of bralirwa ltd‚ its vision‚ mission‚ strategic plan and policies need to achieve those goals. Second part is about financial statement of bralirwa ltd from 2010 to 2013 and then
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Android Operating System Android is an open-source software stack for mobile phones and tablet devices. Android was originated by a group of companies known as the Open Handset Alliance‚ led by Google. Today‚ many companies have collaborated in the creation and development of the Android operating system. The members of the OHA contributed in the form of allocating significant engineering resources to improve Android and bring Android devices to Market. (Open Handset Alliance‚ n.d.) According to
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