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Cost Profit Volume Costing in the Modern Commercial Environment

are costs which are no incurred unless the units is made. The CPV will be based on assessing the contribution level of a product p...

Diversity in Cost Accounting Practices

can be very effective at allocating indirect costs (de Modesti and Eriksen, 2008). This is an approach that may be seen as one aim...

Is the Traditional Approach to Cost Accounting Outdated in a Modern Environment?

be take place, however this an area which they significant weakness many companies, as noted that in 1987 by Johnson and Kaplan, a...

Buying a Laptop for a New Business

will support the business as it grows. If sufficient is known about accounting information software the features needed ma...

What is Wisdom?

for centuries. This paper uses Platos description of Socrates and his methods to try and answer the questions. Discussion Is wis...

Police Discretionary Power

punish and which to ignore, they are said to be using discretion" (Gaines and Miller, 2009, p. 155). For example, it is not even f...

Accounting and Pricing Questions

have a cost, especially if it is in the form of borrowing, such as an overdraft or revolving credit facility. Other cash flow may ...

Changes in Global Governance Following the 2008/9 Recession

very viable market for the majority of lenders as well a serving an important purpose allowing many borrowers access to funds to h...

Ratio Analysis of Microsoft

firm may be assessed. One of the first ratios is that of the gross profit margin. The gross margin is expressed as a percentage....

The Twelve Caesars/Suetonius

in presenting the various biographies that make up this text, citing the private documents of the emperors, as well as public sour...

PROFIT MAXIMIZATION AND ACCOUNTING GIMMICKS

In late 2001, when the former "new economy" giant Enron was imploding, it was found that its internal financial staff relied on sp...

A Planet No More! Pluto's New Classification

in charge of the area in its orbit. It also needs to be able to absorb everything within its orbit. Pluto does not have the abilit...

Comparing the Christian Account of Our Creation to the Yoruba Creation Myth

warm and light the new creation (Awolalu, 1996). Obatala then made human figures from dirt, human figures that were varied and co...

Tourism in Phuket: The Global Impact

to the area of Phuket in southern Thailand. Unfortunately, many contemporary factors seem to be impacting that level of tourism to...

Corporate Social Responsibility Subjects

warming, it is generally accepted that greenhouse gas emissions are a significant contributory factor, and many firms are seeking ...

ENRON, FRAUD AND CONSEQUENCES

Mention the word "Enron" and what is likely to come to mind is "accounting scandal." Though the period between 2000-2002 brought i...

Elisha and the Romans

As a Driven Leaf. The book is a fictionalized account of the life of a real person, Elisha ben Abuyah, an early Talmudic scholar w...

Notes of a Red Guard by Eduard Dune and Bolshevism's Working Class Appeal

life because of the tales my father told. Each day his return home would be accompanied by stories of what had happened at the fa...

Organizations, Communities, Poverty

can and do influence the characteristics of the organizations within the society" (p. 76). It is also true that the industry withi...

Fiction v. Reality of Law Enforcement

that the general public sees portrayed in television shows and in film are entertaining, often inspiring young viewers to investig...

Performance of General Electric

of legal or ethical standards. The process facilitates a reporting of incidences on an anonymous basis. The utilization of this pr...

Choosing an Information Technology System

to evaluate the best course of action and to make the decision. This process may take seconds, or may take months, depending on th...

The Basics of Hypothesis Testing

level the null hypothesis is rejected, so the hypothesis can be said as proven that they level of significance. There are a numb...

The Benefits and Problems of Fair Value Accounting

against concepts such as the historic accounting concept and the matching. In many cases the assets are not there to be sold. The ...

ATYPICAL DEVELOPMENT

important indicators of appropriate mental, emotional and physical growth taking place within their respective developmental stage...

Experiential Learning Project

It is comprised of four stages that the literature refers to as the Kolb Cycle, the Experiential Learning Cycle or as just the Lea...

WORLDCOM AND FRAUDULENT ACCOUNTING

2005). The result would be an increase in the current years EBIDTA (Scharff, 2005). The line costs, in fact, were the main ...

Value-based Accounting Still Relevant in the 21st Century

elements such as the direct materials and the direct labor (Chadwick, 2007). By deducting the variable costs from the revenues it ...

THE MEANING OF STRATEGY

In this business community, there is a great deal of discussion about strategy, strategic moves and formulating strategy. But what...

Budget Variance

possible that there has been wage inflation, or wage rises that have been implemented which were not allowed for in the budget. Th...