Contents Introduction 2 Factor 1 HIH general situation 3 Factor 2 Company issues 4 Strategy making and execution 4 Large-scale expansion 5 Acquiring FAI 7 The company management structure 7 Factor 3 Company operation 9 Reinsurance 9 Auditor 10 Finance 11 Risk management 11 Factor 4 Strategic opinions 12 Professional and concentrated expansion strategy 12 Others opinions 14 Conclusion 15 References 18
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3 Adjusting Accounts and Preparing Financial Statements QUESTIONS 1. The cash basis of accounting reports revenues when cash is received while the accrual basis reports revenues when they are earned. The cash basis reports expenses when cash is paid while the accrual basis reports expenses when they are incurred (and matched with revenues they generated). 2. The accrual basis of accounting generally provides a better indication of company performance and financial condition than does
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RM 95 x 3000 unit RM285‚ 000 The decision is buy because cost of savingRM79‚ 000 (RM 346‚000 – RM285‚ 000). Working 1 1 unit of kettle – 3 hours 3000 unit of kettle – 9000 hours Working 2 3 unit of kettle – stop 1 unit of rice cooker 3000 of kettle – 1000 of rice cooker Contribution = sales – cost = RM 250 – RM 228 = RM 22 a) Make or continue buy Total cost of making Associated units making: Total cost of buying
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AP Psychology Study Guide Ch. 16 1. What is social psychology? 2. What is social cognition? 3. What is a self-fulfilling prophecy? How does it affect self-expectations? 4. What self-concept (self-schema)? How is it referred to self-esteem? 5. What are factors that people take into consideration when evaluating their self-esteem? 6. What is a reference group? 7. What is an attitude? What are its components? 8. What is cognitive dissonance? How did Leon Festinger demonstrate
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overhead. But even that couldn’t solve the case if manufacturing process is complex. So the most effective method to use is the activity base costing. Management accountant overcome this problem by using activity based costing (ABC) Activity-Based Costing (control. It was developed as an approach to address problems associated with traditional cost management systems‚ that tend to have the inability to accurately determine actual production and service
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E – C EO H AP LS TE S R S Keywords: leather industry‚ tanning process‚ tannery wastewater‚ treatment methods‚ aerobic‚ anaerobic‚ reverse osmosis. Contents 1. Introduction 1.1 Tanning: Historical Developments 1.2 Tanning Industry: A Global Outlook 2. Tanning Process 2.1 Beam House Operations 2.1.1 Trimming and Desalting 2.1.2 Soaking 2.1.3 Liming 2.1.4 Reliming 2.1.5 Deliming 2.2 Tanning Operations 2.2.1 Pickling 2.2.2 Chrome Tanning 2.2.3 Rechroming 2.2.4 Neutralisation 2.2.5 Dyeing‚ Fat Liquoring
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organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent‚ reliable‚ and ethical personnel * Assignment of responsibilities * Proper authorisation * Separation of duties
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Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
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see what the outcome would be. Surgical residents‚ along with multiple other organizations‚ reported that they strongly preferred the option to work longer shifts. Having 16 hours to work did not provide
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101-00128 Oct 2014 Accounting Accounting is the recording‚ measurement‚ and interpretation of financial information (Business 286). This financial information is used to evaluate the organization’s operations. To carry out these interpretations of financial information a public or private accountant is able to do this. To become a public accountant you must earn your CPA (certified public accountant) by passing a test and means you are certified by the state in which you provide accounting services where
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