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Accounting For Managers
INTRODUCTION1 BREAK-EVEN1 LEICESTER' LTD BREAK-EVEN POINT AND THE MARGIN OF SAFETY1 EVALUATION OF ESTIMATED PLANS3 LIMITATIONS OF BREAK-EVEN ANALYSIS4 ACCOUNTING CONCEPTS: HISTORICAL COST, PRUDENCE, ACCRUALS, AND GOING CONCERN5 ACCRUALS6 PRUDENCE7 GOING CONCERN8 HISTORICAL COST10 CONCLUSION11 APPENDIX A12 APPENDIX B13 REFERENCES14 INTRODUCTION The basis of financial decision-making is economic analysis. There are a number of evaluation tools currently offered to construction managers, including present worth analyses, benefit/cost analysis, equivalent annualized costs, cash flow analysis and
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