ACCOUNTING CONCEPT AND CONVENTIONS In drawing up accounting statements‚ whether they are external "financial accounts" or internally-focused "management accounts"‚ a clear objective has to be that the accounts fairly reflect the true "substance" of the business and the results of its operation. The theory of accounting has‚ therefore‚ developed the concept of a "true and fair view". The true and fair view is applied in ensuring and assessing whether accounts do indeed portray accurately the business
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The Area of Study requires students to examine the concept of journeying. More particularly it requires you to define inner journeys through the study of one core text and several related texts. A response to inner journeys question requires you to integrate your discussion of the core text and a variety of texts of your own choosing. Doing this will show that you have consolidated ideas bout inner journeys. Inner journeys involve the exploration of the self‚ as individuals review their growth and
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Singapore relies on its Sedition Act and the Maintenance of Religious Harmony Act. To reduce integration conflicts would also mean for the host to hear out views of the immigrants and learn from them. By way of this article‚ it only goes to show that the concept of a “New World” society may not have existed in Singapore just yet. For such an article to be published in its main national newspaper‚ it only magnified the real sentiments of the people towards
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A Generic concept of Marketing Marketing has shown the aptitude to re-examine its focus‚ techniques and goals as the surrounding society changes and new problems require attention. Marketing evolved through a commodity focus‚ an institutional focus‚ a functional focus‚ a managerial focus and a social focus. Each new focus had its advocates and critics. Marketing emerged each time with a refreshed and expanded self-concept. There are three stages of marketing consciousness: 1. Consciousness one-
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SCOPE OF THE STATEMENT Concepts Statement no. 7 includes general principles that govern accountants’ use of present value‚ especially when the amount of future cash flows‚ their timing‚ or both‚ are uncertain. This might happen when a business sells an asset and receives payments over time. The statement is limited to measurement issues (how much) and does not address recognition issues (when or if). It does not specify when fresh-start measurements are appropriate. Rather‚ FASB expects to decide
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production concept marketers believe that customers will favor products that are available and in expensive‚ while Product concept makes marketers believe that the customers will favor products with most quality‚ features and performance. Under production concept‚ product gets cheap but under product concept‚ product usually gets expensive. Both of these concepts can lead to marketing myopia‚ but still useful in some situations. Products like ‘sun chips’ can follow the production concept‚ because Bangladesh
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BUSM35436 Business Cases Sullivan Flooring Concept NAME: Aisosa Okitikpi DAY & TIME of CLASS: (Wed 12pm) Key Facts of the Case (no analysis) -Who is the decision maker? (Remember: in analyzing a case you have to put yourself in the position of the decision maker and try to figure out what YOU would do in his/her position). Norm Sullivan -maximum 5 key facts that summarize the case. Fierce Competition Price Unique wood flooring concept Growing interests Culture change Problem(s) Statement
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people of the family are sent away to work‚ and experience non-Amish customs and non-Amish behaviors are tolerated. Because of the community focus‚ part of the earnings from the young people is expected to be sent home to the communities. Another concept observed in an Amish community is the act of the family farm being passed on from ancestors to their children. This is crucial as it is common for the family farm to serve the community (Wenger & Wenger‚
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Aristotle’s Concept of Teleology In his Physics‚ Aristotle examines the theories and ideas regarding nature of his predecessors and then‚ based upon his own ideas‚ theories and experiments‚ argues against what he believes are incorrect conclusions. One idea that Aristotle argues specifically is teleology. Teleology is the idea that natural phenomena are determined not only by mechanical causes but by an overall design or purpose in nature. In this essay‚ I will examine what Aristotle’s
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What is the marketing mindset? How is a marketing concept different from a product or selling concept? Describe the steps in the buyer decision process. Would you say you engaged in these steps when choosing your education? The marketing mindset means that the organizations concentrates on satisfying the needs of it’s customers. It is the orientation to consumer needs and organizational integration of all activities to meet those needs. The strategy says‚ that the company should start a dialogue
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