finance and admission, like purchasing goods with money. Above all, we need to define the concept of donation based admission more clearly.“
2. Moral hazard
When implementing donation-based admission, market failure can occur because of asymmetric information. Universities can spend money earned through donation in an inefficient way because it is difficult for the government and people
D. Does the cash flows statement add any further information to that provided by the income statement or the balance sheet? Explain.
The statement of cash flows is needed to form a complete picture of the financial position of a company. It shows all the cash collected and all the cash disbursed during the period. And each cash flow relates to one of three business activities: operating, in
information systems and networks. Although the guideline is subject to further review, it proposes 9 principles that each member state should adopt to promote a culture of security.
The principles are:
Awareness: Participants should be aware of the need for security of information systems and networks and what they can do to enhance security, they also should be aware of the potential harm to
1.Introduction
about Chris Adams
He has been hired as the new library director at PSU.
He received an MSLIS(Master of Library and Information Science) degree 10 years ago.
He has worked in several academic libraries.
He recently has worked as head of reference.
He is eager to move into a leadership position at PSU.
He would like to implement a number of innovations.
about PSU
information on the CFS is deduced. As for the balance sheet, the net cash flow in the CFS from one year to the next should equal the increase or decrease of cash between the two consecutive balance sheets that apply to the period that the cash flow statement covers.
e. Check the main accounting policies of your company. Choose one interesting/doubtful accounting policy. Then, comment on the c