and as manufacturing overhead. Conversion cost is the sum of direct labor and manufacturing overhead. These costs are incurred to convert materials into the finished product. Indirect labor is treated as part of manufacturing overhead. 2. Prime cost and conversion cost share what common element of total cost? B. Direct labor. Prime cost is the sum of direct materials and direct labor‚ likewise Conversion cost is the sum of direct labor and manufacturing overhead. 3. On the Schedule of
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foreign-controlled firms in India‚ and evaluates the contribution of foreign investment over the last five decades. We assess the impact of government policy towards foreign capital‚ and outline policy implications for the future. Keywords: India‚ foreign direct investment‚ MNCs‚ reform JEL classification: F21‚ F23‚ L6 Foreign investment in India Private Foreign Investment in India* August 1999 Abstract Private foreign capital‚ whose presence in Indian industry was long regarded with concern and
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Prepare for GD: FDI in retail - a boon or a bane What is FDI in retail????????????????????????? Foreign direct investment (FDI) refers to capital inflows from abroad that are invested to enhance the production capacity of the economy. However‚ FDI in retail is different from the investment in corporate‚ manufacturing‚ or infrastructure sectors. Retail can be single or multi brand and may be described as a sale to the ultimate consumer at a margin of profit. While the FDI in single-brand
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Presentation for Direct and Indirect Discrimination Direct discrimination can be less favourable treatment‚ which includes harassment or bullying. Comparably similar legal definitions of indirect discrimination and harassment apply in respect of sexual orientation‚ religion‚ age‚ gender and disability. Most people understand direct discrimination. Indirect discrimination occurs where the effect of certain requirements‚ conditions or practices imposed by an employer or education provider
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‘Macro-Economic Analysis for Rural Society’ Assignment on: PROBLEMS AND PROSPECTS OF DIRECT TAXATION IN INDIA By Manu Bansal (U311024) PGDM-RM-I-2011 Submitted to Prof.Sureswari Prasad Das Xavier Institute of Management‚ Bhubaneswar INRODUCTION TO DIRECT TAXATION:- ------------------------------------------------- General meaning In the general sense‚ a direct tax is one paid directly to the government by the persons (juristic or natural) on whom it is imposed (often accompanied
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Foreign Direct Investment (FDI) Definition: Foreign direct investment is of growing importance to global economic growth. This is especially for developing and emerging market countries. FDI from investors in developed areas like the EU and the U.S. provide funding and expertise to help smaller companies in these emerging markets to expand and increase international sales. Until recently‚ Southeast Asia was the greatest beneficiary of FDI. However‚ as of 2011‚ Latin America and the Caribbean
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DIRECT AND INDIRECT SPEECH Direct Speech - saying exactly what someone has said is called direct speech (sometimes called quoted speech). - what a person says appears within quotation marks ("...") and should be word for word. For example: She said‚ "Today’s lesson is on presentations.” Or "Today’s lesson is on presentations‚" she said. - Indirect Speech (sometimes called reported speech)‚ doesn’t use quotation marks to enclose what the person said‚ it doesn’t have to be word for word. -
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CA Assignment on Foreign Direct Investment Introduction: Over the past twenty years Ireland has taken policy steps to encourage foreign direct investment to Ireland. The aim has been to help promote economic growth and employment creation in particular. In this paper I will first outline the key policy measures taken. I will then discuss how successful they have been. Finally I will consider the threats to achieving Ireland’s policy objectives in this area in the future. It is important
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Direct democracy is where the people vote directly on the laws. The problem with this is rational ignorance‚ where cost outweighs the benefits. There are three kinds of direct democracy: recall‚ initiative‚ and referendum. It happens in four stages: preparation stage‚ qualifications stage‚ voting stage‚ and the implementation stage. Direct democracy is only good because people get what they want and many innovative ideas happen at the ballot box. It’s bad because there is budgeting at the ballot
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Direct democracy is a type of democracy that allows the people of a sovereign state to vote for leaders and legislation without representation. This form of democracy is based on a direct participation from all citizens of this country to decide the path of their nation through elections. One strength of direct democracy is that it gives the voters of the nation a greater sense of efficacy‚ the ability of a citizen to both understand and influence political events. However‚ direct democracy does
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