There are four basic financial statements that companies use. They begin with income statement‚ statement of owner’s equity‚ balance sheet‚ and the statement of cash flows. Company’s use income statements to report how much money they have made and how much they have spent over a specified period of time. The statement of owner’s equity is used to report any changes in equity from a company’s net income or net loss‚ as well as report changes in the owner’s investments and withdrawals over a specified
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In the Africa‚ the period from sixteenth to nineteenth centuries is called an Era of Salve Trading or Slave trading Era as slaves were sold and bought on a huge scale. Africa has seen four great phases of slave trades. The trans-Saharan‚ Red Sea and Indian Ocean slave trades are oldest slave trades which the continent experienced during 800 AD. In these slave trades‚ Africans were carried from the southern Saharan desert‚ internal of the Red Sea‚ and internal of the coast of Eastern Africa‚ and
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“Communication is the transmission of information and meaning from one individual or group to another.” (Page 5) The term communication means that the sender has an idea and the sender encodes the message which will be decodes by the receiver. Here is the process of communication which had been point out from the book of Mary and Bertha (2010) Sender has an idea. – The sender has information to be told to‚ the idea may be influence by the sender’s mood or the context of situation. Sender encodes the ideas
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There are four stages in the perceptual process: information attention and selection‚ organization of information‚ information interpretation‚ and information retrieval. Information attention and selection involves the screening of the vast amount of information bombarding a person to determine the information on which he/she will actually focus. Organization of information involves the use of schemas –– person‚ script‚ and person-in-situation –– to efficiently organize the information that is perceived
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organizations. For example‚ many work teams are using the work performance measurement to improve processes. 1. Work performance measurement is important for an organization to compare operational processes‚ evaluate workers‚ and determine costs. 2. The four basic methods of work measurement are time study‚ elemental standard time data‚ predetermined motion-time data‚ and work sampling. Each method has its own advantages and area of application. 3. In many cases‚ work measurement is used as part of a financial
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2010‚p245) “ Innovation is the process through which economic and social value is extracted from knowledge through the generation‚ development‚ and implementation of ideas to produce new or improved strategies‚ capabilities‚ products‚ services‚ or processes.” Innovation refers to creating more effective processes‚ products and ideas. Innovation is crucial to the continuing success of any organisation. Businesses that can innovate create more efficient work process and have better productivity and
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PART A – Four Step Process (20 marks) Question (a) 10 marks The legal issue in question was the elements of agreement that are required for the formation of a legal contract. The elements of an agreement that are required for the formation of a legal contract is that it should consist of both offer and acceptance. This being said‚ there are principles that constitute an offer and acceptance. An offer consists of the element of promissory. This means that there must be an undertaking or promise
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11. Identify the four basic types of tissues and the functions of each tissue type. There are four different types of tissue. They are; nerve‚ epithelial‚ connective‚ and muscle. The nerve tissue is made up of neurons that receive and transmit electrical impulses‚ this is their function. There are several different types of epithelial tissue. First there is simple squamous epithelium tissue. This is a single layer of cells that is in the lining of blood vessels‚ the lining of the pulmonary alveoli
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The four basic elements of a valid contract are agreement‚ consideration‚ contractual capacity‚ lawful object. Objective theory of contracts is intent to enter into a contract. An example of this would be going to a car lot and say I will give you 5‚000 for this use car. This is a valid contract offer. I intend on purchasing the used car if the car lot is willing to sell the car for 5‚000. In the case of Pepsi vs. John Leonard objective theory doesn’t apply. Pepsi wasn’t truly offering the Harriet
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The Basics of Buddhism Cherry Harris Axia College of University of Phoenix The religion of Buddhism originated in the country of India‚ however it is now practiced in many different parts of the world. Buddhism is becoming a vastly popular religion throughout the western continents. Buddhist follow a number of beliefs which are outlined in a number of different doctrines out into motion by the Buddha who lived more than 2‚500 years ago. The instructions provided in this doctrine illustrate
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