ID-12528 LEGISLATION AND ETHICS in T&T Icon Collegeof Technology and Management Pearson BTEC Level 5 HND in Travel and Tourism Unit 8 egislation and Ethics in Travel and Tourism Sector Session February 2014 Submitted to: E. Fomuso Submitted by: ID-12528 Legislation and Ethics in the Travel and Tourism Sector Task 1 (a) Civil law spells out the rights and duties that exist between persons and between persons
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The legislation Is the school leaving age changing? A law was passed by the New South Wales Parliament in May 2009 to increase the school leaving age from 15 years of age in 2009 to 17 years of age. This law operates from 1 January 2010. Leaving age aims Why has the government increased the minimum school leaving age? The minimum school leaving age is being raised to ensure that school-leavers have the opportunity to maximise their preparation for further education or training or employment
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Manual 4. Asset Addition from Project 5. Asset Depreciation using Straight Line Depreciation Method 6. Asset Disposal 7. Each document: Asset Addition‚ Asset Depreciation‚ and Asset Disposal can generate their own accounting facts What should not be expected: 1. Asset Transfer 2. Asset Split 3. Asset Revaluation 4. Asset Financing 5. Asset Depreciation using other Depreciation method 6. Asset First Year Convention Method and Asset Depreciation Calculation Method are not yet developed.
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estimated Nigeria’s growth rate at 2.5 percent‚ increasing to 2.7 percent between 1973 and 1983. Projections about the population growth rate were uncertain‚ however‚ in view of questions concerning the accuracy of Nigerian census statistics. This increase was typical of most of sub-Saharan Africa‚ where growth rates increased steadily throughout the post-World War II period. The key to decelerating the rate of population growth would be a sharp decline in the fertility rate‚ which is defined as the
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CURRENCY DEPRECIATION AND ITS IMPACTS Devaluation means decreasing the value of nation’s currency relative to gold or the currencies of other nations. Devaluation occurs in terms of all other currencies‚ but it is best illustrated in the case of only one other currency. Devaluation and Depreciation are sometimes used interchangeably‚ but they always refer to values in terms of other currencies and the value of currency is determined by the interplay of money supply and money demand. In common modern
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2 of 4: Legislation‚ policies and procedures for health‚ safety and security P4 Outline how legislation‚ policies and procedures relating to health‚ safety and security influence health and social care settings Data Protection Act 1998 The act is protected and covers the individual’s personal data about their living so that the persons are protected from exploitation. (Beryl Stretch‚ 2010) explains this act is important to protect people’s personal belongings and which can cover broadsheet
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manufacturing space‚ and RIC currently has an option to purchase an existing building‚ at a cost of $10 million‚ which would meet this need. The building would be bought and paid for on December 31‚ 2008‚ and for depreciation purposes‚ it would fall into the MACRS 39- year class. The annual depreciation rate for the five years of economic life of the project would be: Year 1 1.3% Year 2 2.6% Year 3 2.6% Year 4 2.6% Year 5 2.6% d. The necessary equipment would be purchased and installed in late 2008
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Question 1: What is the difference between a leading performance indicator and a lagging performance indicator? Why is each type important? Leading indicators are activities that should be trended as they predict the outcomes (i.e.‚ lagging indicators). Quotas or goals should only be placed on lagging indicators and never on leading indicators. Placing a goal on a leading indicator will result in gaming and generate the wrong results. Advantages: Predictive in nature and allows the organization
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assets depreciate. Depreciation is defined as a non-cash expense that reduces the value of an asset as a result of physical or functional factors over time. Therefore‚ the costs of the fixed assets should be recorded as an expense over their useful lives‚ since they depreciate and must be replaced once the end of their useful life is reached. Physical depreciation factors include wear and tear during use or from being exposed to such things as weather. Functional depreciation factors include obsolescence
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turning your rental profit into taxable loss: depreciation. What is Depreciation? The money you spend for your rental property is considered by the IRS as an expense‚ and is usually written off. When you make major improvements and renovations to a property you bought‚ the IRS does not really consider the amount you sent as an expense‚ since you still have the property and its increased value. For this kind of expenses‚ the IRS allows you to claim depreciation.
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