In economics, physical capital or just capital is a factor of production (or input into the process of production), consisting of machinery, buildings, computers, and the like. The production function takes the general form Y=f(K, L), where Y is the amount of output produced, K is the amount of capital stock used and L is the amount of labor used. In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function. The others are natural resources (including land), and labor — the stock of competences embodied in the labor force. 'Physical' is used to distinguish physical capital from human capital (a result of investment in the human agent)), circulating capital, and financial capital.[1][2] 'Physical capital' is fixed capital, any kind of real physical asset that is not used up in the production of a product. Usually the value of land is not included in physical capital as it is not a reproducible product of human activity.

Taiwan embraces China's gift of 2 pandas (AP) TAIPEI, Taiwan – Two giant pandas from China captivated thousands of Taiwanese on Monday, but the playful bears failed to completely disarm spectators from the rival island. China presented the 4-year-old pandas to mark warming ties between the mainland and the island, which split amid civil war in 1949, although opposition politicians and other Taiwanese skeptics have denounced the gift as propaganda. China named the animals Tuan Tuan and Yuan Yuan, which together means 'reunion.' The pair — a male and a female — from China's southern province of Sichuan emerged from a month of quarantine Monday, the first day of the lunar Chinese New Year. Visitors to the Taipei Zoo waited in long lines before catching a glimpse of the pandas munching on bamboo and rolling around in their cage as they pawed each other. Zoo officials said more than 20,000 came to see the pandas. Many spectators shred off sestions by Taiwan's opposition Democratic Progressive Party that China could use the pandas to advance its unification agenda.

Generally Accepted Auditing Standards, or GAAS are sets of standards against which the quality of audits are performed and may be judged. Several organizations have developed such sets of principles, which vary by territory. In the United States, the standards are promulgated by the Auditing Standards Board, a division.

'Tensions have indeed eased,' said high school teacher Pan Wen-liang. 'But we are the ones to determine on our own future, and no charm offensives could sway us.' Businessman Chang Chang-chun welcomed the easing of hostilities with China as he took his two children to the panda house.

Windows 8 Enterprise Evaluation Build 9200 Activation Key Free Download. 'Now the Chinese are sending pandas rather than repeating their military threats against us, and that's a welcome sign,' he said. 'Unification does not look enti.