the mark-to-market accounting method. The company used SPEs to keep enormous amounts of losses off its books while inflating earnings from supply contracts by booking all profits from a contract in the quarter the deal was made.3 What also became clear was that Enron did not accomplish their gross manipulations without the help from their accountant’s at Arthur Andersen. Enron shareholders and executives were not the only groups negatively affected by Enron’s aggressive accounting practices. Arthur
Premium Enron Auditing Internal control
C I S A B 1: R S E T PT P A CE H C ON C E S AS M S S T N E ASSESSMENT AND COUNSELING Assessment is integral to every stage in the counseling process. Assessment enhances a counselor’s efficiency in helping a client. WHAT IS ASSESSMENT? – Testing is only part of the process. – Psychological tests are an objective and standardized measure of a sample of behavior. – The purposes of assessment: • Screening • Diagnosis • Treatment planning and goal identification • Progress (outcome) evaluation
Premium Assessment Evaluation
Engineering Mechanics - Statics Chapter 1 Problem 1-1 Represent each of the following combinations of units in the correct SI form using an appropriate prefix: (a) m/ms (b) μkm (c) ks/mg (d) km⋅ μN Units Used: μN = 10 −6 N km μkm = 10 9 −6 Gs = 10 s ks = 10 s mN = 10 ms = 10 Solution: ( a) m 3m = 1 × 10 ms s m km =1 ms s ( b) μkm = 1 × 10 μkm = 1 mm ( c) ks 9 s = 1 × 10 mg kg ks Gs =1 mg kg ( d) km⋅ μN = 1 × 10 −3 −3 −3 3 N s −3 m mN km⋅ μN = 1 mm⋅ N 1 ©
Premium Kilogram Trigraph Copyright
and Ethical Considerations • Manipulation of financial reporting – Usage of subsidiaries or other entities to borrow money without reporting the debt on their balance sheets – Using special entities to manipulate profits – Manipulation of accounting for mergers and acquisitions • Pooling-of-interests 1-4 Business Expansion and Forms of Organizational Structure • Expansion from within: New subsidiaries or entities such as partnerships‚ joint ventures‚ or special entities • Motivating
Premium Generally Accepted Accounting Principles Balance sheet Asset
Multiple Choice Note the one correct answer on your answer sheet. 1. Which of the following statements is most likely true regarding economic and accounting profits? A. Economic profits minus accounting profits generally equal zero. B. Economic profits plus accounting profits generally equal zero. C. Economic profits are generally less than accounting profits. D. Economic profits are generally greater than explicit costs. 2. If the interest rate is 2.5%‚ $870 received at the end of 8 years is worth
Premium Supply and demand
CHAPTER 5 Building Competitive Advantage Through Business-Level Strategy SYNOPSIS OF CHAPTER The purpose of this chapter is to discuss the various business‑level strategies that a company can use to compete effectively in a business and in an industry. This chapter argues that the basis of all successful business models is the choice of business-level strategies that work together to provide competitive advantage through optimal competitive positioning. The decisions made about customer needs‚ customer
Premium Strategic management Porter generic strategies
program unit that exists in a package body but is not declared in the package specification is referred to as a private construct. It is private in that only program units that are included in the same package can call or invoke this program unit. Advanced Review Questions 1. C 2. D 3. B 4. C 5. B‚ C Hands-On Assignments Assignment 7-1 CREATE OR REPLACE PACKAGE order_info_pkg IS FUNCTION ship_name_pf (p_basket IN
Premium Statement Object
Macroeconomic Analysis ECON 6022A Fall 2013 Solutions to Problem Set 1 September 30‚ 2013 1 National Income Accounting ABC Computer Company has a $20‚000‚000 factory in Silicon Valley. During the current year ABC builds $2‚000‚000 worth of computer components. ABC’s costs are labor‚ $1‚000‚000; interest on debt‚ $100‚000; and taxes‚ $200‚000. ABC sells all its output output to XYZ Supercomputer. Using ABC’s components‚ XYZ builds four supercomputers at a cost of $800‚000 each ($500
Premium Economics Gross domestic product Purchasing power parity
AC 550 Intermediate Accounting Homework assignment Ch1-2 Chapter 1 CA1-1 1. GAAP is the term used to indicate the whole body of FASB authoritative literature. Ans: True 2. Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the disclosure requirements. Ans: False – All company that is claiming compliance with GAAP must follow all standards and interpretations especially
Premium Balance sheet Generally Accepted Accounting Principles Financial statements
the second execution. 20. Using the dependency tree utility provided by Oracle. -Create needed objects with the utldtree.sql script -Execute the deptree_fill procedure for the object of interest -Query the deptree or ideptree view Advanced Review Questions 1. b 2. d 3. b 4. a 5. b Assignment 8-1 DESC user_objects; SELECT object_name‚ status‚ timestamp FROM user_objects WHERE object_type = ’PROCEDURE ’; DESC user_dependencies; COLUMN name FORMAT A15 SELECT name‚ type FROM user_dependencies
Premium Object Type system Object-oriented programming