CHAPTER 11 DECISION MAKING AND RELEVANT INFORMATION 11-16 (20 min.) Disposal of assets. 1. This is an unfortunate situation‚ yet the $75‚000 costs are irrelevant regarding the decision to remachine or scrap. The only relevant factors are the future revenues and future costs. By ignoring the accumulated costs and deciding on the basis of expected future costs‚ operating income will be maximized (or losses minimized). The difference in favor of remachining is $2‚000: (a) (b) Remachine Scrap
Premium Costs Variable cost
Cost Accounting: A Managerial Emphasis Chapter 11 Decision Making and Relevant Information Copyright © 2013 Pearson Canada Inc. 11 - 1 Cost Accounting: A Managerial Emphasis Decision Model • The process of making a choice‚ often involving both quantitative and qualitative analyses • Quality of the choice depends upon the qualify of the information obtained – Perfect information is never available 1 Copyright © 2013 Pearson Canada Inc. 11 - 2 Cost Accounting: A Managerial Emphasis Decision
Premium Costs Variable cost Management accounting
Introduction Data management within Human Resources (HR) is essential as this can be used when organisations have to make decisions‚ contact employees and also satisfy legal requirements. Aims and Objectives The aim of this report is to show the importance of why organisations must collect HR data. The objectives are: * To identify two types of data organisations must collect and how this supports HR * To describe two methods of storing HR records and the benefits of each * To explain two
Premium Computer Data Data Protection Act 1998
Women were not treated as equals with men before the second half of the eighteenth century. They had to marry‚ obey their husbands and have children‚ only receiving little education. In the eyes of the law they had little power and men were their superiors. For example‚ once they were married‚ everything they owned belonged to their husband‚ this meant that if they separated the women would be left with nothing‚ not even her children‚ as they too‚ belonged solely to the husband. Around 1850‚ the
Premium Women's suffrage Elections Law
HUMAN RESOURCE INFORMATION SYSTEM MRS. V.KOTHAINAYAKI HEAD OF THE DEPARTMENT OF COMMERCE (CORP. SEC.) R.B GOTHI JAIN COLLEGE FOR WOMEN REDHILLS CHENNAI – 52 EMAIL: vkothainayaki@yahoo.com INTRODUCTION The competitive environment of today’s business makes it necessary for Human Resource Information system of any modern organization to work on an information technology platform so that suitable information is delivered to the right person at the right time. Broderick and Boudreau (1992)
Premium Human resource management Information systems Human resources
Question 6 The social media nowadays are booming with countless news on celebrities. Countless celebrity gossips of who is currently dating who‚ what they did when they had gotten drunk‚ which celebrity was arrested and even which starlet has ruined whose relationship (Ortiz n.d.). The gossips on celebrities from media are endless. So who are these celebrities and why are they making headlines so much and invading our new feeds? Well‚ celebrities are also known as public figures and they are idolized
Premium Mass media Celebrity Public relations
Child Soldiers Should Be Given Amnesty All around the world‚ abandoned children are used as soldiers during war time. In countries like Colombia‚ any child that can hold a gun can be used as a soldier. Children are considered perfect for the job because “they are easily manipulated‚ intensely loyal‚ fearless‚ and most important‚ in endless supply‚” according to Jeffrey Gettlemen’s Upfront Magazine article‚ “Armed and Underage.” These children are not just used because these countries need soldiers
Premium Army Military War
Education has been given high priority by India’s central and state governments and continues to grow fast. School access has been expanded by investment in school infrastructure and recruitment of teachers. In higher education too‚ the number of providers continues to rise rapidly. A new law enshrining the rights of all children to free and compulsory education will further lift enrolment‚ bringing closer the government’s goal of universal elementary education‚ which comprises eight years of schooling
Premium Higher education
Best practice in Handling Information Guidelines When maintaining records information should be written to adhere to the settings standards in order to be effective‚ accurate and safe which may include: • The presentation is clear and legible (if hand writing) and that the information is written in a way that others can understand‚ this makes it easy for other people to read and comprehend‚ and data is passed in a clear and logical way. • Records must be made as soon as possible after the events
Premium Confidentiality Computer security Information security
Examine the factors which have given rise to globalisation Globalisation can be defined as the growing interdependence of world economies. Before you proceed with this essay you must take two key points into consideration; firstly‚ that globalisation is not an end result‚ but is a continuing process that is always growing and gathering momentum‚ and secondly‚ that globalisation leads to world economies becoming more dependent upon each other. Globalisation is not a new phenomenon‚ in fact it has
Premium International trade European Union United Kingdom