13/08/2012 Topic 3 Property‚ Plant & Equipment The nature of PP&E • AASB 116 defines property‚ plant & equipment (PP&E) as: • tangible items • with a specific use within the entity • that are expected to be used during more than one period AASB 116 specifically excludes assets held for re-sale PP&E is normally divided into classes. Common classes include land‚ buildings‚ machinery‚ motor vehicles. • • 1 13/08/2012 Initial recognition of PP&E • Cost of an item is recognised as
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The reason I am writing this essay is because leaving ones equipment laying around degrades the efficiency of the work environment. It binds up all the components that naturally flow causing more problems to arise that are normally not present. Typical the machine is free of problems but‚ is now faced with correcting the issue at hand rather than carrying on with its work. If even a single component is out of place the unit doesn’t function properly and the whole suffers. An old saying comes to
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OFFICE MANAGEMENT Office: Place which business‚ clerical and professional activities takes place. Room or area or a place which business clerical & professional activities takes place. Administrative center of the business. Paper work is undertaken. Management: The art of getting things done through and with people in formally organize group. Organization and coordination of activities of people getting together to accomplish desired goal and objectives. Executive ability to handle
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Definition of Electronic Office Electronic office is a modern office fused together with computer systems and information technology to handle present days demanding office work. Definition of Traditional Office Traditional office is an old office where office work was done or recorded by handwritten or typewritten means in papers. Types of Electronic Office There are many kinds of electronic offices seen operating in today’s corporate
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investors frequently look for while analyzing a company is the capital expenditure. With many Indian companies on a growth track‚ capex activities like building a new factory‚ buying new machinery etc are constantly going on. But with purchase of new assets comes the frequently heard term i.e. depreciation! All of us must have heard about depreciation and know that it is deducted before arriving at Net Profit. However‚ not many of us are aware of its nitty-gritty’s and the part that it plays in determining
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Office jobs and descriptions Clerk;- Perform duties too varied and diverse to be classified in any specific office clerical occupation‚ requiring limited knowledge of office management systems and procedures. Clerical duties may be assigned in accordance with the office procedures of individual establishments and may include a combination of answering telephones‚ bookkeeping‚ typing or word processing‚ stenography‚ office machine operation‚ and filing. Task they carry out; 1) Collect‚ count
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Depreciating Indian Rupee : Problems in Indian Economy AGENDA TEAM PROBLEM INTRODUCTION DESCRIPTION INR VALUE DETERMINATION AFFECTS ON INDIAN BUSINESS BALANCE OF TRADE ISSUE OIL IMPORTS GOLD IMPORTS LACK OF CAPITAL INFLOWS ROLE OF RBI AND GOVERNMENT TEAM Team • Ankit Ahuja ankit.ahuja15@sibmpune.edu.in • Ankit Kawad • Angshuman • Akumtoshi ankit.kawad15@sibmpune.edu.in angshuman.kar15@sibmpune.edu.in akumtoshi.poengar@sibmpune.edu.in PROBLEM INTRODUCTION DESCRIPTION
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are competing to sell a fleet of 25 cars to Hertz. Hertz fully depreciates all of its rental cars over five years using the straight-line method. The firm expects the fleet of 25 cars to generate $100‚000 per year in earnings before taxes and depreciation for five years. Hertz is an all-equity firm in the 34-percent tax bracket. The required return on the firm’s unlevered equity is 10 percent‚ and the new fleet will not add to the risk of the firm. a. What is the maximum price that Hertz
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Rooms Division Management Chapter 1 A process is a series of related tasks that yields a product or service to satisfy a guest. A typical hotel has the following core processes: Guest’s selection of a hotel Guest’s arrival at the hotel Guest’s stay at the hotel Guest’s departure The selection proceeds through the introduction of the hotel which can be done in 3 ways: On Internet through a hotel’s website (one of the most important sources of reservations for hotels)
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The word ’Depreciation ’ has been derived from the Latin word ’Depretium ’ which means ’decline in price ’ or ’value ’. Depreciation relates to fixed assets which loose value on account of usage. Therefore ’Depreciation ’ means decline in value of fixed assets on account of usage. Definitions: Depreciation may be defined as the permanent and continuing diminution in the quality‚ quantity or the value of an asset.William Pickles Depreciation in the shrinkage in the value of an asset at a given
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