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Questions Bank (1393139 total)
Explain what is mean by unconscious bias and provide one example of how it can impact palliative care from a support worker to a client.
AG: CHCPAL003 5
Provide one emotional impact of being diagnosed with a life-limiting illness.
AG: CHCPAL003 3
Companies are different to other business structures in that they are separate legal entities.
A new business starts with a loan of £5,000. On day 1, £500 of inventory is purchased. By day 7 a further £1,000 of inventory has been sold.
What is the total amount of liabilities at day 7? Assume no other transactions.
Carlisle has the following inventory movements during May.
| Units | £ per unit | ||
|---|---|---|---|
| Opening inventory | 40 | 9 | |
| 2 May | Purchase | 60 | 10 |
| 10 May | Sales | 50 | |
| 15 May | Purchase | 70 | 11 |
| 18 May | Sales | 45 | |
| 24 May | Purchase | 80 | 11 |
Enhancing qualities of financial information:
On 31 December 20X3 the company's trade receivables and the allowance for receivables were £864,000 and £48,000, respectively.
During the year to 31 December 20X4, it was decided that debts totalling £13,000 were to be written off, and the allowance for receivables adjusted to £42,550.
What figures should appear in the statement of financial position for net receivables (after deducting the allowance) as of 31 December 20X4 and in the statement of profit or loss for irrecoverable debts expense for the year to 31 December 20X4?
Equity in a company is made up of: