What law mandate SMEs in Ghana; Small and Medium-size Enterprises to.pdf

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What law mandate SMEs in Ghana; Small and Medium-size Enterprises to keep accounting records?. Solution All \'small and medium scale enterprises\' (SMEs) , state-owned organisations, and private organisations are required to use the IFRS for SMEs starting with their financial statements for 2010.IFRSs are designed to apply to the general purpose financial statements and other financial reporting of all profit-oriented entities. The International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) is issued by the International Accounting Standards Board (IASB).Section 4 sets out the information that is to be presented in a statement of financial position and how to present it. The statement of financial position (sometimes called the balance sheet) presents an entity’s assets, liabilities and equity as of a specific date—the end of the reporting period..

What law mandate SMEs in Ghana; Small and Medium-size Enterprises to keep accounting
records?.
Solution
All 'small and medium scale enterprises' (SMEs) , state-owned organisations, and private
organisations are required to use the IFRS for SMEs starting with their financial statements for
2010.IFRSs are designed to apply to the general purpose financial statements and other
financial reporting of all profit-oriented entities. The International Financial Reporting Standard
for Small and Medium-sized Entities (IFRS for SMEs)
is issued by the International Accounting Standards Board (IASB).Section 4 sets out the
information that is to be presented in a statement of
financial position and how to present it. The statement of financial position
(sometimes called the balance sheet) presents an entity’s assets, liabilities and
equity as of a specific date—the end of the reporting period.

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1. Research Topic Research the problem of livelock in a networked e.pdf

While George travels for two months, Mary agrees to house and care for George’s three horses at her stables. The parties agree that Mary will pick up the horses on the first day of George’s trip and George will pay Mary when he returns. George returns home from his travels and finds that Mary never picked up the horses. George sues. What result? a. The court will apply common law and Mary will lose. b. The court will apply the UCC and Mary will lose. c. The court will apply common law and Mary will win. d. The court will apply the UCC and Mary will win. Chef Jacquie is scheduled to teach a cooking class to three students. The class tuition is $1,100 per student. In the class each student cooks a French meal under Jacquie’s expert supervision, and receives a cookbook (worth $30) and a cooking pan (worth $150). Tory, one of the students, tells Jacquie the day before the class that she will be unable to attend and requests a refund. Jacquie denies the refund and Tory sues. Tory claims that the UCC should govern the contract, and Jacquie argues that it should be covered by the common law. Who is right? d. Jacquie, because the agreement was a bilateral contract Olivia agrees that she will bring Desiree a cherry pie every Monday for a month in exchange for $15 per week. Olivia delivers a pie to Desiree for four weeks, and Desiree pays her each time. Olivia continues to deliver Desiree pies every Monday, and Olivia continues to pay, for another five weeks. On the tenth week, Olivia brings a pie and Desiree refuses to pay. Olivia sues for payment. What result? d. Olivia will win. The court will rule that they had an implied contract. Interactive Data Corp. hired Foley as an assistant product manager, and over the next six years Interactive steadily promoted him. Interactive officers repeatedly told Foley that he would have his job as long as his performance was adequate. They also distributed an employee handbook that specified termination guidelines that included a mandatory seven-step pre-termination procedure. Foley learned that his supervisor was under investigation by the FBI, and he told Interactive officers. Shortly thereafter, Interactive fired Foley. He sued, claiming that Interactive could only fire him for good cause, after the seven-step procedure. Who wins?a. Tory, because everyone in the class receives a cookbook, pan and food.b. Tory, because the cost of the class was more than $500.c. Jacquie, because the class is primarily a service. d. Jacquie, because the agreement was a bilateral contract Olivia agrees that she will bring Desiree a cherry pie every Monday for a month in exchange for $15 per week. Olivia delivers a pie to Desiree for four weeks, and Desiree pays her each time. Olivia continues to deliver Desiree pies every Monday, and Olivia continues to pay, for another five weeks. On the tenth week, Olivia brings a pie and Desiree refuses to pay. Olivia sues for payment. What result?a. Desiree will win. Olivia assumed the risk of.

While George travels for two months, Mary agrees to house and care f.pdf

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What is the leader’s role when a substitute such as a routine job and/or technology is present and operating? Solution A substitute is an individual or thing acting or utilized in place of another that renders leadership not only impossible but rather unnecessary.Although it is said that, “For organizational members to increase organizational and personal outcomes, they should be able to obtain both guidance and positive feelings from their work settings and that effective leadership is defined as the ability to supply subordinates with required guidance and good feelings which are not being given by other sources. A substitute like a routine job and/or technology is never , “so strong as to totally overwhelm the leader, or so weak as to need subordinates to rely entirely on him” .Thus a leader’s role when a substitute such as a routine job and/or technology is present and operating is to give subordinates with required guidance and positive feelings that the substitute does not provide..

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