Provision * Existing liability * Uncertain timing or amount on future expenditure. (ito ang nagdidistuinguish) * Liability still exist but the date due and amount is indefinite * May equal to estimated liability or loss contingency (accrued because it is both probable and measurable) Provision and other liabilities * P; uncertain OL; certainty of timing and amount Recognition of provision * P shall be recognized in the FS under the ff. conditions
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Cynthia Abraham The Certainty of Doubt Within the essay in the Times, Cullen Murphy, says that doubt and uncertainty are natural and inevitable parts of the honestly viewed within human conditions. “That’s the way it is with moral certainty. It sweeps objections aside and makes anything permissible if pursued with an appeal to a higher justification. That higher justification does not need to be God, though God remains serviceable. The higher justification can also be the forces of history. It
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or certainties, as he works his way towards revenge. A theme ascends, known as The Impossibility of Certainty, the overall reading and vision for my film. Our lives, as well as the lives of our contemporary audience, are continually built upon uncertainties, as we try to distinguish what we think we know, and what we actually know. By successfully articulating this theme, The Impossibility of Certainty, I feel that it will be able captivate and concern contemporary audience’s to a point where they
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GROUP REPORTTTTTTT When our group was formed we felt uncertainty of how the other members in the group are what our individual roles would be. We had certain perceptions of our other members in the group, adjusting in a different group which was too different from our comfort zone or the group which we had found comfort in was a difficult and daunting task for all of us. We already had certain perceptions about others like for Sagarika there was a consensus automatically developed within our
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each part is explained more. According to Enzer (2012), to break it down further, governance is the culture, policies, processes, laws, and institutions that define the structure by which companies are directed and managed, risk is the effect of uncertainty on business objectives; risk management is the coordinated activities to direct and control an organization to realize opportunities while managing negative events, and compliance is the act of adhering to, and demonstrating adherence to, external
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Epistemological Reflection in the First Year Experience Course Program Charge The Student Development Division staff subcommittee of ABC Community College has been tasked to present to the Dean of Student Affairs a theory based program to foster student development. The subcommittee proposes a revision to the first year experience course curriculum which will integrate outcomes based on Baxter Magolda’s Model of Epistemological Reflection. Proposed Program Goal and Context Overall
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Several years ago, I was told that my job may be eliminated due to restructuring within our organization. I immediately began looking for another role within the company and outside the company. I looked for three months and finally found something that was comparable in salary but not in work environment. With my original job, I was working from home and my potential new job was working in an office environment. This change would be a disruption to our family routine of not having mom in the
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Determination of Economic Order Quantities Economic order quantity (EOQ) is that size of the order which gives maximum economy in purchasing any material and ultimately contributes towards maintaining the materials at the optimum level and at the minimum cost. In other words, the economic order quantity (EOQ) is the amount of inventory to be ordered at one time for purposes of minimizing annual inventory cost. The quantity to order at a given time must be determined by balancing two factors: (1)
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1. Profile of Arewa Textiles Limited. Arewa Textiles Limited having recently just finalized the process of applying a special finish to textiles materials (fabrics for ladies’ dresses (Higher priced material and lower priced material) and upholstery), the company is ready to introduce the product to the market. The company presently enjoys monopoly on the products due to years of quality research works put in the process of production, highly competitive, easily available in commercial order and
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What are the primary business risks associated with UST inc.? What are the attributes of UST Inc.? Evaluate from the viewpoint of a bondholder. . UST Inc. is a long standing market leader in producing moist smokeless tobacco products. They were a key innovator in the market and have a long standing trusted and recognised brand name. They are known for their conservative debt policy and high dividend payouts. UST has maintained an A-1 credit rating, the highest rating for commercial papers
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