What is Recurring Deposit Account ? Meaning ↓ Recurring deposit account is generally opened for a purpose to be served at a future date. Generally opened to finance pre-planned future purposes like‚ wedding expenses of daughter‚ purchase of costly items like land‚ luxury car‚ refrigerator or air conditioner‚ etc. Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate. In recurring deposit account certain fixed
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To what extent does the parliament hold the executive to account? Parliament does not govern‚ but its role is to check or constrain the government of the day. Many therefore argue that parliament’s most important function is to ‘call the government to account’’‚ there by forcing the members to explain their actions and justify their policies. There are three groups within the UK parliament‚ the House of Commons‚ the House of Lords‚ and the Monarchy. The HoC consists of 646 MP’s and each MP is
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Compare & Contrast All guns serve different purposes. Guns have been a part of American history for many years. Many different kinds of guns have been used for many different types of jobs. Just as police use guns for law enforcement‚ hunters use guns to harvest game and they have different guns for different game. The two most commonly used firearms of hunters‚ are the rifle and the shotgun. One of the great things about having a well-made shotgun is that they are not very expensive and
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What Unifies Americans? The United States is a diverse nation of people with origins around the world. Since the nation’s colonial days‚ people have moved to the United States for different reasons. Most come to seek greater opportunities for themselves and their families. They come speaking different languages‚ having different beliefs‚ and practicing different customs. The differences lend themselves to different ideas about how government should function as well. With a population well over 310
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Locus of control describes to what extent a person believes that his life and destiny is in his own hands or‚ alternatively‚ to what extent his life is controlled by other factors. Therefore‚ lucus of control is separated into to different types. External locus of control‚ when person believes that external factors that cannot be changed influence his/her life and it cannot be controlled‚ and internal locus of control‚ when a person believes he is the master of his/her own destiny (Gilian F.)
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Cash includes: currency and coins‚ checks‚ money orders‚ bank drafts and demand deposit accounts. Held for Trading Securities – Temporary investments of excess cash which are primarily held for short term gain. Loans and Receivables – include trade receivables and non trade receivables. Trade Receivables are claims against others which arise in the ordinary course of doing business. Examples are: Trade accounts receivable- these are claims against customers arising from the provision of services
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CONTROL ACCOUNTS AND ITS USES INTRODUCTION: As the business grows in size‚ more than one ledger is required for recording its transactions which have also expanded with the business. Since the bulk of the entries are made in the accounts of debtors and creditors‚ these two classes of accounts are taken out of the General Ledger and put in separate ledgers - the Sales Ledger for debtors’ accounts and the Purchases Ledger for creditors’ accounts. There may be more than three ledgers but for simplicity
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The Author’s purpose in writingThe Handmaid’s Tale‚ is to illustrate to readers her bleak outlook on future if society does not change its path. The story follows the narrator‚ Offred as she goes about her life living under the oppressive regime of Gillead‚ a nation governed by religious fundamentalists. Through the narrators internal thoughts and daily life we see what is a possible outcome of feminism and patriarchy influenced by religious and governmental totalitarianism. Atwood writes in the
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What is the purpose of business? Discuss. INTRODUCTION 1 At a dinner party a doctor‚ a lawyer and a businessman are sitting around the table chatting and talking about their life and work. At one point another man approaches the table and asks the three men what the purpose of their jobs is. The doctor immediately responds that he wants to help people and save life. The lawyer takes over and says he fights for justice and equality but when it comes to the businessman to answer the question
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What was the Bauhaus and what was its purpose? The Bauhaus was a school of art‚ architecture and design that existed in three German cities including Weimar‚ Dessau‚ and Berlin. The school was founded by Walter Gropius in 1919 and it lasted until 1933. During its time‚ Bauhaus went through different distinct periods under different directors and cities including expressionism‚ constructivism‚ functionalism and architecture. The Bauhaus was the start of modernism‚ at the same time‚ it changed the
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