Estimated liabilities are a known obligation that is of an uncertain amount but that can be reasonable estimated. Common examples are employee benefits such as pensions‚ heath care and vacation pay‚ and warranties offered by a seller (Fundamental Accounting Principles‚ Chapter 11‚ Pg 437). When a firm sells products or renders services with a warranty‚ the firms has an obligation towards the customer when the warranty is honored. The warranty liability is an estimate of the obligations. Hence‚ a
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In "The Wall‚" Jean-Paul Sartre uses many literary techniques to convey irony. Jean-Paul Sartre‚ an existentialistic writer‚ states through his characters and symbolism that life has no value. Through Pablo’s decision to "trade’ his life‚ Sartre furthers the irony in the story. Symbolism provides authors with a way to convey an underlying theme or to portray the meaning in an event without explicitly outlining the incident. Sartre employs the symbol of a graveyard to express meaninglessness and nothingness
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Bath Spa Univesity PERCIEVED INTELLIGENT QUOTIENT REPORT Abstract Researchers (Beloff‚ 1992; Byrd and Stacey‚ 1993) evidenced that male self–estimated IQ scores were higher than those of women. Similarly‚ Hogan‚ (1978) carried out a related study and found that male IQ self-estimates were higher compared to those of women. Hogan also noted that both men and women awarded higher IQ scores to their fathers than their mothers. In addition‚ Hogan also noted that females awarded their
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Chapter 7 Inventory Management ◊Distinguish dependent from independent demand inventories ◊Describe the four basic types of inventories and their functions ◊Understand the costs of inventory and inventory turnovers ◊Understand ABC classification‚ ABC inventory matrix and cycle counting. ◊Know RFID and how it can be used in inventory management ◊Understand the EOQ model and its underlying assumptions ◊Understand the Quantity Discount and the EMQ Models and their relationships with the basic EOQ model
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cost principle when the future utility of the inventory item falls below its original cost. 2. The lower-of-cost-or-market method is used for inventory despite being less conservative than valuing inventory at market value. 3. The purpose of the “floor” in lower-of-cost-or-market considerations is to avoid overstating inventory. 4. Application of the lower-of-cost-or-market rule results in inconsistency because a company may value inventory at cost in one year and at market in the next
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real-world problem. At approximately 8:30 A.M.‚ it arrives in the form of status reports on inventory and orders shipped. At the top of an extensive computer printout is a handwritten note from Joe Donnell‚ the purchasing manager: "Attached you will find the inventory and customer service performance data. Rest assured that the individual inventory levels are accurate because we took a complete physical inventory count at the end of last week. Unfortunately‚ we do not keep compiled records in some
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Inventory Management Introduction Inventory definition The Basic Relationship- Average Inventory Types of Inventory Reasons to Hold Inventory Methods to Supervise Inventory Visible Costs of Inventory Hidden Costs of Inventory What Increases Inventory Inventory Management Effective Inventory Management Myths in Inventory Management Why is Inventory Management Important Economic Order Quantity (EOQ) Just-In-Time Management (JIT) Essential Aspects of JIT Kanban JIT is Not Possible
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* INTRODUCTION “Adequate inventories facilitates production activities and help to customers satisfaction by providing good service.” The basic financial aim of an enterprise is maximization of its value. At the same time‚ a large both theoretical and practical meaning has the research for determinants increasing the firm value. Most financial literature contains information about numerous factors influencing the value. Among those factors is the net working capital and
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Content Task1 2 1.0 Introduction 2 2.0 Analysis and Discussion 3 2.1 Industry analysis 3 2.2 Stakeholders 4 2.3 Culture of British Airways 5 2.4 Product Positioning 7 2.5 Value chain 8 2.5.1Primary Activities. 8 2.5.2 Support activities 9 2.6 SAFE analysis 11 Reference 13 Task 2 16 Reference 20 Task1 1.0 Introduction British Airways (BA) is the nation’s flag carrier airline of United Kingdom‚ and it’s the biggest airlines in its fleet size‚ international destinations‚ and international flights
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Anthro 121AC December 2013 Jeans and The Blue Denim In Japan‚ people have kimono‚ in China‚ they have cheongsam as a long dress with a high collar and slit skirt that traditionally worn by Chinese women‚ and in USA‚ people have jeans as their fashion identity. Fundamentally‚ jeans can be described as blue denim and it is very functional‚ durable‚ and mainstream in the public. Every facet of American society has worn jeans since 160 years ago. The story of jeans started by Levis Strauss‚ and
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