Assignment # 3 WorldCom Accounting Fraud By Mark A. Cowan Strayer University ACC 499- Accounting Capstone May 15‚ 2011 The purpose of this paper is to discuss the aspects of the WorldCom accounting scandal and the effects that this scandal had on the accounting world as we know it. We will discuss the corporate culture at WorldCom and how it contributed to the accounting fraud‚ how the CEO’s desire to be the #1 stock on Wall Street contributed to the fraud‚ pressures on accountants to book
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There have been several concepts learned and discussed that will be beneficial to persons holding positions in the accounting field. Some skills required to be successful are; differentiating between accrual-basis and cash-basis accounting‚ detailing what creating adjusting entries entails‚ and the logistics of preparing an adjusted trial balance. These two methods are somewhat alike but do have a couple differences. Both methods have been tested and proven to be effective ways for companies to
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CLICK TO DOWNLOAD MAT540 Week 3 Homework Chapter 14 1. The Hoylake Rescue Squad receives an emergency call every 1‚ 2‚ 3‚ 4‚ 5‚ or 6 hours‚ according to the following probability distribution. The squad is on duty 24 hours per day‚ 7 days per week: Time Between Emergency Calls (hr.) Probability 1 0.05 2 0.10 3 0.30 4 0.30 5 0.20 6 0.05 1.00 a. Simulate the emergency calls for 3 days (note that this will require a “running”‚ or cumulative‚ hourly clock)‚ using
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The 3 Week Diet Review The 3 week diet plan is a science-based loss weight program which guarantees a user to lose weight 12-23 lbs. of body weight in just 21 days. The primary inventor of this exclusive weight-reduction plan is Brian Flatt who is a head coach‚ sports nutritionist‚ & personal trainer & has worked for lots of years in his specialised area. He has trained several of his circle to effectively lose stubborn fat & also build powerful strength. The 3 Week Diet is a unique online 95-page
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Week 3 Assignment 3: Service Marketing Eddie Calrlson Strategic Marketing MBA 6011 Dr. John Temmings August 30th‚ 2012 The three elements that I would like to cover today would be the interactions that our customers of Airways interact with our service. Specifically the interactions a customer has when learning about our service offerings- from the initial purchase to the contacts that they have while flying with us‚ and lastly the after purchase experience. We pride ourselves
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Introduction to the 3 Week Diet It is quite natural that every obese individual would like to reduce his/her body weight quickly and safely. With lots of weight loss supplements‚ pills‚ diet plans‚ etc.‚ out there‚ it is really a challenging task in choosing the reliable and effective one. Although some of these methods offer the desired results‚ most of them may create side effects or the results may be provisional‚ meaning people will again put some extra pounds once they discontinued the technique
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Weeks 3 & 4 Video Case Analysis REPORT INTENT: This report has been created to advise CanGo’s management as to appropriate courses of action needed to address various challenges facing the firm. This is the second report in a series of reports. This will cover the strategic planning for the operations and the financial planning for implementing new technologies. As well as a flow chart that will improve the telephonic procedures of customer service. This report will also review other issues
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answers to the questions. Good Luck! Problem 1 The following data were obtained from a project to create a new portable electronic. Activity Duration Predecessors A 5 Days --- B 6 Days --- C 8 Days --- D 4 Days A‚ B E 3 Days C F 5 Days D G 5 Days E‚ F H 9 Days D I 12 Days G Step 1: Construct a network diagram for the project. Step 2: Answer the following questions: (15 points total) a) What is the Scheduled Completion of the Project? (5 points) 32
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DEPARTMENT OF MATHEMATICS NAME: Chen Haiwei Student Id: 42416302 FACULTY OF SCIENCE MATH123 S212 Mathematics 123 Tutorial Week 3 Tutorial Group: You must hand in this sheet at your tutorial class. Do not hand in your worked solutions‚ you should keep these for your own reference. MATH123 Mathematics 123 S212 2012 Tutorial Week 3 1. Simplify each of the following expressions‚ to obtain equivalent expressions‚ and reducing the complexity of denominators wherever possible. Show all your
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SOA involved jail time and loss of personal property (Niskanen‚ 2005). The SOA was regarded as pointless because the stock exchange has already addressed and employed actions to handle most issues presented in the SOA. Those actions consist of accounting standards‚ audits‚ prosecution for fraud‚ and financial reporting procedures. Some feel that both address the same problems so‚ Congress should deem the SOA excessive (Niskanen‚ 2005). LEGAL ISSUE In this article‚ one of the legal issues
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