Accounting for Decision Making BAAM5013 (2014/1) INDIVIDUAL ASSIGNMENT GROUP MEMBERS THURGA CHANARAN MC1309MC0003 MOGANALETCHUMY CHELLIAH MC1401MC0003 MOHAMED FATHI A ABOULHOUL MC1401MC0013 Assigned By: Prof. Mohd Khir Ashari QUESTION 1 (a) Accounting Theory is variously described as setting out ‘postulates’, “principles” and concepts’. Is there difference between these terms, or is this just a matter of semantics? Accounting is generally termed as the language of business throughout
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Unit 1 Introduction to Financial Accounting Learning Outcome After reading this unit, you will be able to: • Explain succinctly financial accounting concepts • Elucidate on different principles of financial accounting • Explicate the importance and scope of financial accounting • Understand Generally Accepted Accounting Principles(GAAP) • Identify limitations of Financial Accounting Time Required to Complete the unit 1. 2. 1st Reading: It will need 3 Hrs for reading a unit 2nd Reading
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| | Karachi School For Business & Leadership | MBA Class Of 2016 | Weekly Schedule for September 22nd till September 28th , 2014 | | | | | | | | | | | Term I - Week Two | Monday September 22nd | | 08:30 – 08:55 | Group DiscussionFinancial Reporting & Analysis I Break Out (1-6) | | | 09:00 – 10:30 | Financial Reporting & Analysis I Dr. Zeeshan Ahmed Venue (Lecture Room 1) | | | | Topic : 1) Long lived
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1. Which of the following functions are fulfilled by a goods received note (GRN)? (i) Provides information to update the inventory records on receipt of goods (ii) Provides information to check the quantity on the supplier's invoice (iii) Provides information to check the price on the supplier's invoice 2. There are 27,500 units of Part Number X35 on order with the suppliers and 16,250 units outstanding on existing customers' orders. If the free inventory is 13,000 units, what is the physical
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Memory Management: Memory management operations are one of the fundamental core components of an operating system. The memory management function is to organize and manage memory hierarchy of the random access memory, bulky address spaces, memory mapping, manage alternate memory devices, physical allocation, de-allocation of processes, and the computer’s hard drive. Physical address is the address perceived by the memory unit. Virtual memory is the necessity of memory by exploiting the hard drive
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Select either the balance sheet or income statement and explain how the use of it may be applied to your everyday life. A balance sheet will give me the opportunity to take a closer look at my personal assets and liabilities like a snap shot; evaluate whether I should loan money to family and friends and view my net worth while I still living and when I die. When I prepare a balance sheet listing my assets, I will list the following: ~ Cash I have on hand ~ How many different bank accounts
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Question 6 Evaluate, using appropriate examples, the relative advantages and disadvantages of ratio analysis as an aid to decision-making by investors. Advantages and Uses of Ratio Analysis There are various groups of people who are interested in analysis of financial position of a company. They use the ratio analysis to workout a particular financial characteristic of the company in which they are interested. Ratio analysis helps the various groups in the following manner: - 1. To workout
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1. On November 1, 2009, Broom Company received a bank statement that showed a $2,950 balance. Broom showed a $4,010 checking account balance. The bank didn’t return check No. 124 for $1,080 and check No. 138 for $720. A $3,200 deposit made on October 30 was in transit. The bank charged Broom $12 for check printing and $18 for an NSF check. Broom forgot to record a $30 withdrawal at the ATM. The bank also collected a $400 note for Broom. Prepare a bank reconciliation. Bank statement received
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McDonald’s 12 MIT Porter 5 forces and value chain analysis hamza akaouch ID: L0014MIMI1012 Class: BABS1 Contents 1-executive summary 2-introduction 3-Porter’s 5 forces 3-1 The competition threat 3-2 New entrance threat 3-3 Substitutes threat 3-4 Threat of suppliers 3-5 Threat of buyers 3-6 How can IT help to minimise theses threats ? 4-VALUE CHAIN : 4-1 Firm infrastructure 4-2 Inbound 4-3 OPERATIONS 4-4
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The Charter Company Page 1 of 9 The Charter Company Overview The Charter Company was organized in 1959 as a consolidation of several existing corporations. The company’s primary line of business was petroleum production and marketing, although it also maintained a significant equity investment in the Charter Security Life Insurance Company. In 1983, the Charter Company was listed by Fortune magazine among the 100 largest U.S. industrial companies. For the year ended December 31, 1983, revenues
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