What is the difference between financial accounting and management accounting?
Financial accounting is a branch of accounting which deals primarily with the common needs of users while management accounting is a branch of accounting which deals primarily with the specific needs of users.
What is the function of accounting?
Its function is to provide quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions. B. Accounting is the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part of at least, ...
What is accounting in economics?
A. Accounting is a service activity. Its function is to provide quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions. B. Accounting is the art of recording, classifying, and summarizing in a significant manner and in terms of money, ...
How many members are in the FRSC?
The FRSC is composed of 15 members with a Chairman and 14 representatives from various sectors. C. The Chairman and members of the FRSC shall have a term of 3 years renewable for another term. D.Any member of the ASC shall be disqualified from being appointed to the FRSC.
What is internal event?
Internal events are changes in economic resources by actions of other entities that do not involve transfers of enterprise resources and obligations. III. Nonreciprocal transfers involve the transfer of resources in only one direction, either from an entity to other entities or from other entities to the entity. IV.
How long is the comment period for a project?
Issuing for comment an exposure draft approved by a majority of the FRSC members; comment period will be at least 60 days, unless a shorter period (not less than 30 days) is considered appropriate by the FRSC. II.
What is accumulating provisions of 40 CFR Part 262?
The accumulating provisions of part 262 apply only to management of wastes generated on-site. A TSDF that sends waste off-site must comply with the generator manifest requirements of 40 CFR Part 262.
What is an emergency coordinator?
The emergency coordinator is responsible for coordinating all emergency response procedures at a RCRA facility and has the authority and control of resources to carry out the contingency plan. As a result, the emergency coordinator must be thoroughly familiar with all aspects of the facility's contingency plan, all operations and activities at the facility, the characteristics and location of the wastes handled, the location of all facility records, and the facility layout. Finally, the coordinator must be an employee who is either on the facility premises or on call and able to respond quickly to an emergency situation (40 CFR Section 264.55 / 265.55 ).
Is RCRA training required?
In addition, there is no specific EPA-designated program to meet RCRA training requirements. EPA does not provide a list of approved training programs or an online training.
Is above ground piping considered secondary containment?
Ancillary equipment, including piping, must have full secondary containment as outlined in Section 265.193 (f). However, aboveground piping is not subject to secondary containment requirements if it is visually inspected on a daily basis for leaks (Section 265.193 (f) (1)).
