A. What is the difference between accrual-basis accounting and cash-basis accounting? The difference between the two types of accounting is when revenues and expenses are recorded. In cash basis accounting revenues are recorded when cash is actually received and expenses are recorded when the expenses are actually paid. B. Why would politicians prefer the cash basis over the accrual basis? The accrual basis system deals with deprecation of the value of equipment‚ land and such. Politicians would
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Table of Contents Theory 2 Introduction 2 Fundamental 2 Background 3 Prepayment 3 Accrual 3 Income Statement 6 Balance Sheet 8 Trend Profit 9 QUOTES THEORY‚ INTRO‚ TABLE OF CONTENTS Introduction The purpose of this report is to identify the items that may result in adjusting entries for both prepayments and accrual by looking at the trial balance and income statement. Furthermore‚ analyzing the historical summary of financial is to know the trend for profit or loss of
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Service quality on motor bike manufacturing sector in hero honda....................... .... with performance. [1] A business with high service quality will meet customer needs whilst remaining economically competitive. [2] Improved service quality may increase economic competitiveness. This aim may be achieved by understanding and improving operational processes; identifying problems quickly and systematically; establishing valid and reliable service performance measures and
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“Two Ways a Woman Can Get Hurt: Advertising And Violence” Can advertisements really cause violence in people’s lives? Jean Kilbourne’s “Two ways a Woman Can Get Hurt: Advertising and Violence” talks about how advertising and violence against women can cause women to be seen as objects. The author discusses how pornography has developed and is now part of social media‚ which glorifies violence that permeates society and encourages men to act towards women without respect. Kilbourne uses logical and
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by indicating the possible internal and external factors that impact the four functions of any successful management team‚ ((planning‚ organizing‚ leading‚ and controlling). The second part of this paper will identify how Globalization and Diversity impacts and at times redirects the four functions of management. The final portion of this paper will explain how management uses delegation as a tool within the four functions of management. Internal Strengths and Weakness How the airline industry handles
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Trigonometric Functions of Real Numbers The Trigonometric Functions EXAMPLE: Use the Table below to find the six trigonometric functions of each given real number t. π π (a) t = (b) t = 3 2 1 EXAMPLE: Use the Table below to find the six trigonometric functions of each given real number t. π π (a) t = (b) t = 3 2 Solution: (a) From the Table‚ we see that the terminal point determined by √ t = √ is P (1/2‚ 3/2). Since the coordinates are x = 1/2 and π/3 y = 3/2‚ we have √ √ π 3 3/2 √ π 1 π sin
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Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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multi-faceted concept that can be defined in various ways. Write an essay in which you outline the concept as well as distinguish between absolute and relative poverty. In your discussion provide relevant examples to illustrate your understanding. Discuss any three causes of poverty in Third World countries using concrete examples. Table of content 1. Introduction………………………………………………………. 1 2.Definition of Poverty……………………………………………... 1 3.Definition of Absolute and Relative Poverty…………………. 2 4.Factors that
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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What priorities should the HR team have for the first six months? In the first six months HR teams should have major priorities; these are to perform the functions of the HRM: * Manpower Planning * Recruitment and Selection * Training and Development * Employer/Employee Relationship Manpower Planning – means making sure that the business has enough workers with the right skills to do the job in the business. HRM should forecast future demand and calculate existing supply. The
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