— RINT - Task 2: SCIENTIFIC CONCEPTS‚ THEORIES‚ & INQUIRY — Harrison Rusinyak — Scientific Concepts or Phenomenon — Solar System — The Solar System in past concepts. — Earth was thought to be the center of the Universe. — The stars and planets revolved around the Earth. — The Earth was thought of as flat. — No one experimented to see how far they can see. — The Solar System current concepts. — The planets revolve around the sun
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3/3/2014 BUSS6000 Succeeding in Business Introduction Dr Helen Parker Business Programs Unit The University of Sydney Business School THE UNIVERSITY OF SYDNEY BUSINESS SCHOOL Today’s Lecture ›Unit Introduction - The teaching team - The ‘Zen’ questions ›Curriculum Overview ›Next week… ›The interactive BIZ QUIZ! ›Business Literacy test 3 1 3/3/2014 Unit Introduction The BUSS6000 teaching team Unit Coordinator Dr Helen Parker Lecturers Professor Marc Jones
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Will there be one set of accounting standards in use throughout the world in the next five years? Accounting around the world has become a huge focus in recent years due to the diversity of methods used in accounting and the difficulty of comparing US based firms and international firms. In the United States the guidelines that govern accounting are US Generally Accepted Accounting Principles or GAAP. Recently the Securities Exchange Commission or SEC has begun the process of switching to the International
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History of Accounting The name that looms largest in early accounting history is Luca Pacioli‚ who in 1494 first described the system of double-entry bookkeeping used by Venetian merchants in his Summa de Arithmetica‚ Geometria‚ Proportioni et Proportionalita. Of course‚ businesses and governments had been recording business information long before the Venetians. But it was Pacioli who was the first to describe the system of debits and credits in journals and ledgers that is still the basis of today’s
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Accounting Principles‚ Concepts and Conventions Accounting principles are guidelines & standards‚ which have been accepted by the accounting profession in preparation and presentation of accounts of the business. It is approved and normally accepted by the government bodies &controlling authorities. Accounting principles are uniform in order to understand in the same sense by those using it. Also they are not rigid (i.e. inflexible) like principle of gravity but they are flexible.
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assist if a problem arises (Daud and Tumin 126). The unions are beneficial because they protect the interests of the employees. In this case‚ they ensure workers are given fair compensation for the work done. This is because workers in a union can negotiate for higher wages or safe working environment through the union (ETI member briefing 2). Unions are helpful to a firm because they ensure satisfaction of the employees. When workers’ demands are addressed‚
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INTRODUCTION Cost accounting is an important tool in the management of any business firm or organization‚ which includes those in the small scaled industry. In the cause of our research instrument indicated the maintenance of improper and inadequate records coupled with the fact that cost methods used‚ through sometimes effective‚ were unconventional. For a small scale business to approach profit maximization level‚ it must be effective in cost control procedures and appropriate books
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Scoring level | The depth and quality of the research undertaken by you | The application of the research to the WIL task | The ability to apply appropriate accounting theories to the context of the task | The ability to synthesise information into a coherent and engaging report | The ability to correctly acknowledge sources using the Harvard Referencing system | Score | | 8 marks | 6 marks | 6 marks | 6 marks | 4 marks | | 4- AccomplishedHigh Distinction | * Materials referred to are
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of days’ sales in accounts receivable would be expected to be: a. less than 10. b. between 10 and 25. c. between 25 and 40. d. over 40. 6. When a firm has financial leverage: a. ROI will be greater than ROE. b. ROI will usually be less than it would be without leverage. c. risk is greater than if there isn’t any leverage. d. the firm will always have a higher ROE than it would without leverage. 7. If the P/E ratio of a company’s common stock were 12‚ and its earnings were $2.50 per common
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The purpose of this assignment is to select a step in the accounting cycle that is not currently automated at one of our team members ’ organization. The place of business we have selected is an independent financial brokerage firm‚ LPL Financial. The firm places a strong emphasis on the recruiting of established financial advisors throughout the country. When a financial advisor joins LPL Financial‚ so does their clients. One of our team member ’s works in the transfer department. The transfer
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