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Illustrate the term accounting?
Accounting:
It is an art of classifying and recording data. Here, the data considers to transactions consisting of monetary or financial values. As per this, accounting is merely an art and not a science. Such contention is held due to the fact which the principles and rules of accounting are not based upon general truths and natural laws as any mathematical or physical science. Accounting has its own laws that apply equally well within similar circumstances for same business transactions.
In 2003, Designer exports (designer), a leading manufacturer and marketer of leather products, based in Kanpur, recorded a turnover of 443.25 crores and a net income of Rs 43.24 cr
(a) When measuring the returns on technology investments, Douglas Hubbard (2007) argues that "Everything Is Measurable". Discuss this statement in relation to an organisation's dec
In the figure above the vertical deviations of the individual points from the line are shown as the short vertical lines joining the points to the least squares line. These
What are the useful methods of the job evaluation? Method of job Evaluation: Given are the methods wherein job evaluation is completed: 1. Ranking method. 2. Classi
This is a modern concept having excellent future prospects. Maintenance is more relevant with palnt and machinery of mechanical design having more number of moving parts.
QUESTION (a) Using suitable instances distinguish between formal and informal organization. (b) Describe any two characteristics of a formal organization. (c) Illustrate
Question: The central role of stakeholders in the successful delivery of projects is becoming increasingly recognized. Engaging effectively and ethically with key stakeholders
regression line drawn as Y=c+1075x, when x was 2 and y was 239, given that y intercept was 11. calculate the residual
QUESTION 1 Discuss the main components and functions of the financial system making reference to Rodrigues Island. Suggest measures which could be implemented to develop the fi
Question 1: According to the instrumentality theory of motivation, money is the main motivating factor at work. This can explain the existence of performance related pay in man
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