Abstract: In this paper I ponder the view, proposed by several people from Aristotle to Russell, that knowledge provides purpose and meaning of human life, and I find it deficient. I propose that the meaning and purpose of human life is happiness and argue that, while knowledge is not the ultimate purpose and meaning of human life, it is a precondition of happiness. In the context of this question there are various key terms that need to be clearly defined. First of all, the title emphasizes the
Everyone has a purpose in life. It might be to grow up, have kids and a beautiful wife. People might not discover their meaning till their midlife. I found what I need and it fits like a glove. My meaning is to do what is right and do things I love: Sports, volunteering ,believing and living everyday like it's your last. Listed above is what makes me,me and helps me move on from the past. You do not have to get into the meaning of life with a password. A close community and trying to excel is the
of knowledge is to produce both meaning and purpose in our personal lives. To what extent do you agree with this statement? The meaning of knowledge represents the idea behind the knowledge itself (Dictionary.com Unabridged). It represents the idea behind words, expressions, signs or images we perceive. The sentence, I am writing in this moment expresses the idea through the words which serve as means of transfer of my own ideas toward the reader. Purpose is the reason why knowledge, and therefore
Pacioli. Without double-entry bookkeeping system, we cannot analyse the financial status of a business. ACCOUNTING EQUATION The foundation accounting equation is the relationship between assets, liabilities, and equity. It is a basic accounting equation used to balance all of the businesses account (Wikipedia 2017). For example, the double-entry bookkeeping system is a famous system in the accounting world. Most of the businesses using double-entry bookkeeping system in their works due to this system
Accounting researchers have argued that the development of cost accounting systems is associated with the development of the industrial sector. Earlier researchers argued that the Industrial Revolution, which happened in the eighteenth century, was the starting point for cost accounting systems (Garner, 1947; Mepham, 1988; Fleischman & Parker, 1991; Fleischman & Tyson, 1993; Ning, 2005). Connecting the development of cost accounting systems with the Industrial Revolution led to earlier researchers
(“Managerial Accounting”, n.d). This is called as management accounting. So, the evolution of management accounting is the improvement the organizations made over period of time so that they can accomplish the organization’s goals. There are 4 stages of the evolution of management accounting. Firstly, stage 1 is the cost determination and financial control where it was before year 1950. During this stage, the organization is focusing on
difference between implicit and explicit costs. Give two examples of when an explicit cost is different from an implicit cost Explicit costs are actual costs incurred by the company during production. They are also named accounting costs or direct costs. An explicit cost happens on purpose and has a direct impact on the company and its revenue. Some examples would be rent, insurance, wages, maintenance, materials. Since they leave a paper trail they are easy to be recognized. Implicit costs known also
MANAGEMENT ACCOUNTING EDUCATION AND INDUSTRIES’ EXPECTATIONS IN NIGERIA: An Empirical Analysis BY Chinwuba OKAFOR, Ph.D DEPARTMENT OF ACCOUNTING FACULTY OF MANAGEMENT SCIENCES UNIVERSITY OF BENIN BENIN-CITY, EDO STATE, NIGERIA E-mail: chinwubao@yahoo.com Phone: +2348037867627 and Edirin JEROH, DEPARTMENT OF ACCOUNTING AND FINANCE FACULTY OF THE SOCIAL SCIENCES DELTA STATE UNIVERSITY, ABRAKA. E-mail: jeroh4laff@yahoo.com Phone: +2348028336086 INTRODUCTION Accounting as a discipline
Tax vs Tax Free Government In the year 2058, the government of Vancouver have finally back down from being a tax free government to letting people open their own business. The people of Vancouver did not have the freedom to have their own business till this day due to Mike Johnson for standing up against the government for the people of Vancouver for tax free city. Life in Vancouver wasn't always so great due to tax free government, everything was owned by the government. You couldn't open your
Word count: 1738 According to (H. 1995), process costing relates essentially to processes where all units are identical. In all contexts of process costing the following principles should be adhered to: (a) All costs, Direct and indirect, incurred during the period are charged to each process so that a total process cost for each is obtained. (H. 1995), (b) The total process cost of each process is then shared equally among all the cost units processed in that process. The basic process costing formula