...goods and services, and there are some goods and services that aren't taxable for VAT at all. So you need to know whether VAT applies to the goods or services you sell and how much to charge. You also need to know the right amount of VAT to reclaim on what you buy, because you can only claim back what you should have been charged - if your supplier charges you too much, you can't claim all of it back. This guide tells you about the different rates of VAT and how to work out the VAT you should charge. It also tells you about goods or services that are exempt from VAT, or outside the scope of VAT. ------------------------------------------------- On this page: * VAT rates * Standard rate of VAT * Reduced rate of VAT - what it applies to * Zero rate of VAT - what it applies to * When VAT mustn't be charged * How to find the right VAT rate for particular goods and services VAT rates If you're registered for VAT, you have to charge VAT at the standard rate on all goods and services you supply, unless they fall into one of these categories: * zero-rated * reduced-rated * exempt from VAT * outside the scope of VAT For more information on what's exempt from VAT or outside the scope, see the section in this guide on when VAT mustn't be charged. There are currently three rates of VAT: * standard rate - currently 20 per cent * reduced rate - currently 5 per cent * zero rate - this is not the same as exempt or outside the scope of VAT ...
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...Trade-off between service and inventory costs Rationalizing safety stock settings within NXP Semiconductors by M.W.H. Roeloffzen Trade-off between service and inventory costs Rationalizing safety stock settings within NXP Semiconductors Graduation Company: NXP Semiconductors SCM Competence Center High Tech Campus – 60 (5.50) Professor Holstlaan 4 P.O. Box 80073 5600 K.A. Eindhoven The Netherlands University Supervisors: Dr. Ir. Leo van der Wegen (UT) Prof. Dr. Ir. Ton de Kok (TU/e) (Dr. Ir. Matthieu van der Heijden (UT)) Company Supervisors: Ir. Sander Kok Ir. Ruud Driesen Ir. Erik van Wachem University of Twente, Enschede Industrial Engineering and Management Science Specialization: Production and Logistic Management Mark W.H. Roeloffzen October 9th, 2007. Summary Summary ----------Context NXP operates in a highly dynamic and globalized semiconductor market. The NXP supply chain control is like it peers in semiconductor business quite complex. To manage the supply chain and to deal with the market characteristics, six so called Business Renewal II objectives were launched as part of the one page strategy. On one hand the BR II objectives target for a lower break-even point and on the other hand it aims for operational excellence. For supply chain management this translates in lower stock targets on one hand and better supply chain performance on the other hand. Because of the existing link between these two objectives, this research will support the inventory...
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...PROJECT SCOPE STATEMENT Note: Any work not explicitly included in the Project Scope Statement is implicitly excluded from the project. * Create links to referenced documents (e.g., Link_To_… ) by using Insert Hyperlink on your toolbar. * Note that all documents that are linked to the Scope Statement become part of the Project Scope and require the same degree of management control. Such documents should be maintained in a separate Scope directory along with the Scope Statement. | Project Name: | | Prepared by: | | Date (MM/DD/YYYY): | | Version History (insert rows as needed): | Version | Date (MM/DD/YYYY) | Comments | 1.0 | | | | | | | | | | | | 1. Executive Summary | Provide below a brief overview of this project (e.g., project purpose and justification): | | Provide a brief project summary in the space below. This information may be available in the Project Charter. Also provide a link to the Project Charter for reference. | Link_To_Project_Charter | | Note: In any instance where there is a discrepancy between the Project Charter and the Project Scope Statement, the latter is considered authoritative. | 2. Business Objectives | 2.1 Product Description (Solution): | | 2.2 Business Objectives: | | 3. Project Description | For each area below, provide sufficient detail to define this project adequately: | 3.1 Project Scope | ...
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...Tutor Date Clinical competence requires a well defined professional scope of operation. In this aspect or line nursing education provides nurses with profession guidelines on how to handle many clinical issues and help provide quality service the society. In this definition it is important to have the details of each and every role to be played by people or members of the nursing profession. All these roles which pass wealth of skills and experience to the nurses is found in the basic nursing education. Professional scope of practice in the nursing profession is always detailed in documents which address roles, function, population to be served and the practice setting. Based on the guidelines provided by nursing education, the nursing have great roles which are considered very sensitive to the community (American Nurses Association, 2010). Clinical advanced specialist is the one who deals with patients directly by treating them. The non-clinical advanced specialists are specialists whose roles do not include the taking care of the patients directly. They have different expertise in health care areas and they provide the consultancy services. They offer problem solving skills and their opinions are mainly in demand. They usually have high levels of degree in medical services and several years of experience. The nurse practitioner is the one who is mandated to provide an extensive health care service. He orders the other nurses, through the physical examination to do...
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...Riordan Service Request Section One BSA/375 XXJanuary XXXX Riordan Service Request Section One The Chief Operating Officer (COO) of Riordan Manufacturing has input a request, asking the IT department to integrating the information system in the Human Resources department (HR). This request is to take advantage of more sophisticated information system technology and integrate it into the HR departments in the different Riordan Manufacturing locations. This service request will highlight several topics. The main topics that will be discussed are, who are the company’s stakeholders that information will be gathered from for requirements. What type of information-gathering techniques and systems analysis tools are to be used and or proposed to aid in the completion of the project request. Key Stakeholders Mr. Hugh McCauley the COO initiated the service request and he should be the first individual to ask and gather information about his idea of the service request and of what he is looking for about what system requirements for a new Information System for HR. The Director of Human Resources, who is Yvonne McMillan should also be interviewed for her requirements and how does she see what is needed for connectivity to all other business locations using a new Information System. Asking any and all employees who use the current system the company has and what improvements can be done. All of these individuals information is a way of gathering information for this...
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...Chapter 2 Supply Chain Performance: Achieving Strategic Fit and Scope True/False 1. A company’s competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services. Answer: True Difficulty: Easy 2. The value chain emphasizes the close relationship between all the functional strategies within a company. Answer: True Difficulty: Moderate 3. A company’s product development strategy defines the set of customer needs that it seeks to satisfy through its products and services. Answer: False Difficulty: Moderate 4. A company’s product development strategy specifies the portfolio of new products that it will try to develop. Answer: True Difficulty: Easy 5. A company’s supply chain strategy specifies how the market will be segmented and how the product will be positioned, priced, and promoted. Answer: False Difficulty: Easy 6. A company’s supply chain strategy determines the nature of procurement and transportation of materials as well as the manufacture and distribution of the product. Answer: True Difficulty: Easy 7. The degree of supply chain responsiveness should be consistent with the implied uncertainty. Answer: True Difficulty: Easy 8. The degree of supply chain responsiveness does not need to be consistent with the implied uncertainty. Answer: False Difficulty: Moderate 9. To achieve complete strategic fit, a firm must ensure...
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...the receipts and I having been recoding my weekly expense for a long time so they are all reliable sources for the carbon footprint calculation. Moreover, I am living in a shared house with my flatmates, the electricity bill, rent and water bill should be divided by the number of people living in the department to calculate an accurate number. The classification of GHG emission According to the classification of GHG emission, my daily activities can be divided into Scope 1, Scope 2 and Scope 3. Under the food section, I have the direct ownership of those food and vegetable so activities related to them are considered as Scope 1. Under the Housing section, my activity in the past year didn't get involved to natural gas and construction and maintenance. Conventional Electricity is in Scope 2 and rent expense is considered as Scope 3.Moreover, I don’t own my owe car so I have no relation to the private car services or petrol fees. The main transport I use is public transport and it can be classified into Scope 3 as the activities is controlled by other company. Under goods sections, they consist of furniture, clothes, shoes and others...
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...s a project manager, you’ll need to define Project Scope no matter what methodology you choose to use. Defining what is needed is the first step towards establishing a project timeline, setting project goals and allocating project resources. These steps will help you define the work that needs to be done – or in other words, define the Scope of the project (CIO, 2011). Scope is the summation of all deliverables required as a part of the project. This includes all products, services and results (Kerzner). The Scope here, is to successfully transition from manufacturing of ‘cruiser’ motorcycles, which have an engine or motor size ranging from 500 cc - 1,000 cc, to manufacturing of ‘touring’ motorcycles, which have an engine or motor size of 1,100 cc or larger. Project Scope, is the work that must be completed to achieve the final scope of the project, namely the products, services, and results. In this case, the Project Scope will include delivery of a larger engine or motor and transitioning from manufacturing ‘cruiser’ motorcycles, to ‘touring’ motorcycles. The Project Scope will list work that needs to be accomplished to deliver a product or service, with the specified features and functions. It will include benefits of the product to target audience, such as, comfort while driving long distances on the ‘touring’ motorcycles, engine or motor design, fuel efficiency, and others. The Project Scope will include acceptance criteria for the deliverables – since this is a product,...
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...Windows XP OEM Preinstallation Kit Design Notes Microsoft( Windows( Family of Operating Systems Using the Windows Firewall .Inf File in Microsoft® Windows® XP Service Pack 2 MICROSOFT CONFIDENTIAL - PROVIDED UNDER NDA DO NOT REDISTRIBUTE July 14, 2004 Abstract: Microsoft Windows XP Service Pack 2 (SP2) includes significant enhancements to the Windows Firewall component (formerly known as the Internet Connection Firewall). Windows Firewall is a stateful host firewall that discards unsolicited incoming traffic, providing a level of protection for computers against malicious users or programs. To provide better protection for computers connected to any kind of network (such as the Internet, a home network, or an organization network), Windows XP SP2 enables Windows Firewall on all network connections by default. Network administrators can use the Windows Firewall .inf file (Netfw.inf) to modify default settings either before installation or after installation. This article describes the usage of the Windows Firewall .inf file. The information contained in this document represents the current view of Microsoft Corporation on the issues discussed as of the date of publication. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information presented after the date of publication. This white paper...
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...Q1.1 PM/02: The engagement letter of <Client> Provision of Advisory Services to <Client> We set out below the terms of the engagement of your firm to provide advisory services (“the Services”) in connection with the review of the finance function service delivery models for <Client> as discussed at our meeting with Peter Bergerac last week. Any work performed in connection with the engagement before the date of this letter will also be governed by the terms and conditions of this letter. Scope of the work Our scope is to provide independent and objective advice to <Client> management around the service delivery model and options for the following finance functions performed by each in-scope country: Accounts Payable Accounts Receivable General Ledger Treasury Operations We will provide independent evaluations of the alternative service models at hand to <Client> management and suggest which one can benefit them the most in potential cost cutting and improvement in profit margins. We will also provide an in depth analysis of the benefits of the centralization of the Treasury function and its effect on the regional holding companies and their employees. Thus we will be submitting a report to the <Client> management on the feasibility of the proposed centralization. The review of countries and operations covered by this engagement include: Germany France Belgium Corporate (Western Europe Subregion...
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...agency of the Federal Government or of any State, local or foreign law enforcement agency." The TORPs required services relating to the mentoring, training and logistics support for the Afghan National Police. The first TORP pertained to supporting the Afghan Ministry of the Interior and the Afghan National Police with general law enforcement and counter-terrorism initiatives. The second TORP pertained to providing logistical support at various geographic locations for the efforts proposed under the first TORP, including dining facility support, security services, medical support, custodial support, and others. ISSUES The protester in question contended that these TORPs were outside the scope of the ID/IQ contracts because the requested services did not directly support counter-narcoterrorism efforts and were of a generalized counter-insurgency nature. The U.S. Army countered that the underlying ID/IQ contracts were written vaguely and broadly to the point to include such services. The Army also argued that the counter-insurgency efforts in which the Afghan Ministry of Interior and the Afghan National Police engaged constituted counter-narcoterrorism efforts because the insurgency in Afghanistan is more-or-less funded by drug-trafficking activities. HOLDING OF THE COURT The court upheld the protest, citing the supporting argument of DynCorp and that the scope...
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...transparency management practices to prevent overspending on IT, manage decentralized IT spending, and enable sustainable shared IT service organizations. There is considerable ambiguity in many enterprises about how to financially approach the cloud at the highest levels within IT and in corporate finance. In its various forms, cloud computing has the potential to radically change the way IT organizations budget, fund, charge back and manage IT spending and staff. From an economic perspective, cloud computing is a direct response to an IT marketplace that is addicted to "speed and quality" in enterprises that need a shift in focus to "cost and business value." Because the expectations of IT services have not been managed well throughout the years, there is now a gap between internal client expectations for service levels and the ability of enterprises to pay for this level of service. For 2011, the worldwide market forecast for public cloud is estimated at $89 billion, with a five-year compound annual growth rate (CAGR) of 19%. Compared to the forecast for all IT marketplaces in 2011 of $2.6 trillion, cloud represents only 3.5% of the IT marketplace and is forecast to represent 5.9% in 2015. Before the economic downturn of 2008 and 2009, the cloud computing marketplace was a "solution looking for a problem." Now, cloud computing is a set of IT services that can help many IT leaders reach new IT spending targets. Many enterprises are faced with market conditions where...
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...Economies of scale are reductions in average costs attributable to production volume increases. They typically are defined in relation to firms, which may seek to achieve economies of scale by becoming large or even dominant producers of a particular type of product or service. A distinction can be made between internal and external economies of scales. Internal economies of scale occur when a firm reduces costs by increasing production. External economies of scale occur when an entire industry benefits from expansion; for example, through the creation of an improved transportation system, a skilled labor force, or by sharing technology. Economies of scope are reductions in average costs attributable to an increase in the number of goods produced. For example, fast food outlets have a lowe+r average cost producing a multitude of goods than would separate firms producing the same goods. This occurs because the preparation of the multiple products can share storage, preparation, and customer service facilities (joint production). ECONOMIES OF SCALE The basic notion behind economies of scale is well known: As a plant gets larger and volume increases, the average cost per unit of output is expected to drop. This is partially because relative operating and capital costs decline, since a piece of equipment with twice the capacity of another piece does not cost twice as much to purchase or operate. If average unit production cost = variable costs + fixed costs/output, one can...
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...Economies of scope: Situation in which joint output of single firms is greater than output that could be achieved by two different firms when each produces a single product. This refers to how an organization can lower the average per unit cost by expanding the number of products/services if offers. By using the same facilities, equipment, labor force, technology, etc., a company can use product diversification to become more efficient and increase revenue. The theory is that selling several different products/services can be done more efficiently than selling only one product/service because the company can distribute the costs over a greater revenue base. Example using the Coca-Cola company: Economies of scope is at play when the company decides to use its current equipment, facilities, technology, labor to produce more beverages (i.e., Sprite, Fanta, Minute Maid) in an effort to diversify and lower costs. When they ship the more and more beverages using the same vehicle, they save money on shipping because the more products you ship, the more efficient it can become. The difference between Economies of Scale and Economies of Scope: Both are conceptually similar, but the following differences exist.Economies of scale is about gaining benefits by producing large volume of a product, whereas economies of scope brings benefits by producing a wide variety of products by efficiently use of the operations.Economies of scale refer to reduction in average cost for a single product...
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...What to Include in a Project Scope Statement By Stanley E. Portny The Scope Statement is an essential element of any project. Project managers use a Scope Statement to outline the results their project will produce and the terms and conditions under which they will perform their work. The people who requested the project and the project team should agree to all terms in the Scope Statement before actual project work begins. Your Scope Statement should include the following information: * Justification: How and why your project came to be, the business need(s) it addresses, the scope of work to be performed, and how it will affect and be affected by other related activities * Objectives: The products, services, and/or results your project will produce (also referred to asdeliverables) * Product scope description: The features and functions of the products, services, and/or results your project will produce * Product acceptance criteria: The process and criteria for accepting completed products, services, or results * Constraints: Restrictions that limit what you can achieve, how and when you can achieve it, and how much achieving it can cost * Assumptions: Statements about how you will address uncertain information as you conceive, plan, and perform your project Think of your Scope Statement, when viewed together with the other components of your project plan, as a binding agreement in which * You and your team commit to producing certain results...
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