Definitions It seems fitting to begin with a more formal definition of accounting: Accounting is a set of concepts and techniques that are used to measure and report financial information about an economic unit. The economic unit is generally considered to be a separate enterprise. The information is reported to a variety of different types of interested parties. These include business managers, owners, creditors, governmental units, financial analysts, and even employees. In one way or another
Words: 4071 - Pages: 17
will always have enough aspects to furnish a long paper, if you think about it for a while.) FINDING SOURCES OF MATERIALS A. Limitations. Tradition suggests that you limit your sources to those available on the campus and to those materials which are not more than 20 years old, unless the nature of the paper is such that you are examining older writings from a historical point of view. B. Guides to sources. 1) Begin by making a list of subject-headings
Words: 1279 - Pages: 6
three dimensional printing as technique of traditional machining that greatly relies on material removal through use of methods such as drilling and cutting which is part of the subtractive procedure. I) History of 3D printing technology The historical development and context of 3D printing technology Three dimensional printing has existed for over thirty years, long before it was popularized. From the 1980s this technology utilized the inclusion of a layer fused in powdered material with the
Words: 2929 - Pages: 12
year ended 31 December 2011 J Plc £’000 2,900 (600) 2,300 (650) 180 1,830 (720) 1,110 (150) 960 1,500 2,460 L Ltd £’000 2,100 (900) 1,200 (480) 720 (210) 510 (120) 390 900 1,290 R Ltd £’000 1,200 (800) 400 (90) 310 (250) 60 (10) 50 200 250 Turnover Cost of sales Gross profit Operating expenses Dividend receivable Profit before tax Tax Profit after tax Dividends payable Net profit for the year Retained profit brought forward Retained profit carried forward Statements of financial position as at
Words: 2718 - Pages: 11
Version 3.0 General Certificate of Education January 2013 Sociology 1191 SCLY2 Education with Research Methods; Health with Research Methods Unit 2 Final Mark Scheme Mark schemes are prepared by the Principal Examiner and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation meeting attended by all examiners and is the scheme which was used by them in this examination. The standardisation
Words: 6483 - Pages: 26
CHAPTER 1 THE PROBLEM AND ITS BACKGROUND Introduction A budget is an estimation of the revenues and expenses at a given time. It is the amount allocated to certain asset or expense as an exchange for that asset or to the usage that led to that expense. According to an article from entrepreneurship.org, the business planning starts with budgets. Budgeting is not an afterthought. Your budget is a reflection of the goals and strategies you have for each area of business. A one-year budget planning
Words: 11881 - Pages: 48
The Portfolio Theory also known as Modern Portfolio Theory was first developed by Harry Markowitz. He had introduced the theory in his paper ‘Portfolio Selection’ which was published in the Journal of Finance in 1952. In 1990, he along with Merton Miller and William Sharpe won the Nobel Prize in Economic Sciences for the Theory. The theory suggests a hypothesis on the basis of which, expected return on a portfolio for a given amount of portfolio risk is attempted to be maximized or alternately the
Words: 8380 - Pages: 34
The United States Social Security System is often considered a political football, frequently debated on whether the government should continue to manage it or should it be privatized. Either way, in today’s economy, it’s vital to the welfare of many. The main purpose of the system is to provide benefits to America’s workers and their families for retirement, disability, and early death. (Unknown Social Security ProCon) According to the data collected in the 2000 census, “Social Security is the
Words: 2491 - Pages: 10
1. INTRODUCTION TO MANAGEMENT INFORMATION SYSTEM Course Objectives: In any organization, small or big, a major portion of the time goes in data collection, processing, documenting and communicating it to the people. Hence, a major portion of the overheads go into this kind of unproductive work in the organization. Every individual in an organization is continuously looking for some information which is needed to perform his/her task. Hence, the information is people-oriented and it varies with
Words: 9744 - Pages: 39
The Impacts of Tourism Establishing or developing a tourism industry has both benefits and costs. If these impacts are understood from the outset of planning, strengths and opportunities can be maximized while weaknesses and threats can be minimized. A list of potential costs and benefits are presented below. Each destination will be different in terms of tourism characteristics. The costs and benefits of tourism will vary in each destination and can change over time, depending on tourism and other
Words: 2670 - Pages: 11
