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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.
Many organisations are making decisions to outsource some of their activities. However, when considering the option to outsource, organisations must consider the transaction costs
There are three main purposes or motives of holing inventories: a. The transaction Motive : Which facilitates continuous production and timely execution of sales orders
a. Executive"Summary:"ideally"one"page"but"no"more"than"two." b. Sections 1:"Introduction" c. Section"2:"Main"body"of"the"report"consisting the"questions" at"the"end"of"case"study
Hello, Please I need help asap. I have $40 for 4 pages assignment. it is just to answer 4 questions and it is due tomorrow midnight. Please let me know asap. Tianna Thank you
The average employee today is more educated then they were ten, twenty or forty years ago, but why? What factors exist to explain this? If the firm is to train employees, what is
It allocates costs based on the price elasticity of demand. Yet higher the elasticity (elastic), the lower the charge of fixed costs when allocated amongst products.
? A) Game theory emphasize short-term strategy to be employed in competitive strategies rather than a long-term strategy. ? B) Game theory is about thinking how competitors will
How many
QUESTION The primary objective of external audit is to examine the financial statements of the organization and to give an opinion as to whether the financial statements are fr
What are the functions of Trade Unions? The functions of trade unions are as follow: a. The provision of friendly services as like a place for leisure pursuits, information
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