For the “So you want to be an engineer? “ Challenge I choose the three fields of bio‚ civil‚ and computer engineering (in that respective order). Engineers are the problem solvers of the world‚ they work on a huge range of problems so limiting it to three was quite challenging. The overall first selection was bioengineering. A bio engineer integrates the sciences of medicine and biology‚ to create new solutions to the world’s medical problems. With this knowledge they work closely with doctors
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The revenue recognition principle is a foundation of accrual accounting and one of the main principles of GAAP. The revenue recognition principle is a set of guidelines that helps accountants to identify when a revenue event has taken place and how to appropriately record cash exchanges before‚ during‚ and after the revenue event. According to the revenue recognition principal‚ revenue must (1) be realized or realizable and (2) earned‚ in order to be recognized. According to the SEC revenue is realized
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A Framework for Auditor Independence The ISB lays a foundation for future guidance. By Susan McGrath‚ Arthur Siegel‚ Thomas W. Dunfee‚ Alan S. Glazer and Henry R. Jaenicke January 2001 EXECUTIVE SUMMARY THE INDEPENDENCE STANDARDS BOARD issued an exposure draft for a conceptual framework for auditor independence containing the concepts and basic principles that will guide the board in its future standard setting. THE NEED FOR A FRAMEWORK AROSE FROM the jumble of confusing independence rules
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Romeo and Juliet‚ the family feud is responsible for the deaths of both Romeo and Juliet. Had there not been a family feud‚ there would have been no need for Romeo and Juliet to hide their love. Likewise‚ Friar Lawrence would not have had to devise a plan to help the couple escape. If the Capulets and Montagues had resolved their differences‚ both Romeo and Juliet would have lived to have a happy life. The Montagues and Capulets realize the error of their ways a little too late. Nevertheless‚ both
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The overall cause for Enron’s bankruptcy should be blamed on former chairman and CEO‚ Kenneth Lay. As an Enron executive‚ all of Lay’s concerns should have been focused on Enron’s profits‚ but all he cared about was his property. When he noticed Enron’s financial problem‚ he did not attempt to fix it‚ but made effort to maintain his own benefit and ignored the whole company’s and investors’ loss. His selfish and unethical behavior not only deceived the investors but also finally resulted in Enron’s
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Enron Research Paper In 2001‚ the world was shocked by the demise of Enron‚ a multibillion dollar corporation that had thousands of employees and people that had affiliations with the company including The White House itself. Because of the financial chaos and destroyed lives and reputations this catastrophe left in its path‚ questions arose concerning how exactly it happened‚ why it occurred‚ and who was behind it. It is essential to understand how this multibillion dollar corporation rose to power
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source‚ which can provide them energy reliably. Technological developments in the MEMS industry have lead to miniaturization of many of the transducer systems. With this effort‚ the power consumption of these devices has been reduced to the order of W to mW level. These developments have opened a new source for supplying energy to these micro systems as an alternative to batteries‚ which have a finite life and are large in size. Researchers are working on alternative energy sources like solar‚ thermal
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#1. Based on what you read in this chapter‚ summarize in one page or less how you would explain Enron’s ethical meltdown. Ethics refers to “the principles of conduct governing an individual or a group; specifically‚ the standards you use to decide what your conduct should be (Dessler‚ 2011).” Secondly ethical decisions always involve questions or morality (Dessler‚ 2011). Anyone that had anything to do with the meltdown at Enron had no ethical standards. Enron had a lack of accounting
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this company. The non-performing loan ratio to an all-time low of 2.0% from the 2.3%in 3Q09‚ while loss coverage to 90.85 from the b=86.7% in the previous quarter 2011(investment research‚ 2011). That mean the all-time for the non-performing loan wasincrease. So this is the weakness for the CIMB Group.The rises of the non performing loan effect the provision that have. Because of the increasing of the value‚ the provision was effected. So that can loss the provisionthey have for loans. We see this
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Music Recording INTRODUCTION For centuries man had dreamed of capturing the sounds and music of his environment by means of music recordings. The road to successful music recording had not been smooth until the derivation of the music recording industry. Since the inception of the music recording industry‚ the way in which music is produced‚ distributed‚ sold and consumed have greatly changed so also has popular music changed over time. These changes resulted from new technology which was invented
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