Week Five Personal Michael Nelson University of Phoenix LAW/421 Timothy Bodily Week Five Personal The article I reviewed was called The Sarbanes-Oxley Act: A Cost-Benefit Analysis Using the U.S. Banking Industry from authors from the Journal of Applied Business. The article discussed the detrimental effect the SOX Act has had on the American banking system. Reports collected by the Federal Reserve show that returns on assets (ROA) and returns on equity (ROE) for nonregistered (SEC reporting)
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Buffet goers can eat all they want during buffets. How do they make the decision to stop eating during buffets? Explain using the concept of cost-benefit analysis. There are a numbers of factors that will make buffet goers put down their forks during the attractive “all-you-can-eat” meals. Buffet goers make the decision to stop eating during buffets when they met situations which are more important than to continue eating. One of the very basic factor that make buffet goers stop eating
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the most prominent are ethical objectivism and ethical relativism. Ethical objectivism and ethical relativism may hold the same amount of influence in the philosophical world‚ but the two theories are complete opposites in where they place the authority for ethical decision. Although ethical relativism provides a subjectivity that can be helpful in preventing ethical conflicts between cultures and individuals‚ in reality ethical objectivism provides a better basis for ethical decision due to the fact
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This report has been written to investigate and make suitable recommendation for improvement to the company’s internal control and accounting systems and assign such improvements to a cost benefit analysis. Fraud: No precise legal definition of fraud exists‚ though many of the offences referred to as fraud are covered by the theft Acts 1968 and 1978 (Kaplan chapter 5) Causes of fraud‚ common type of fraud: Falsification or alteration of accounting
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Roman Catholic Church vs Scientific Thinking Since the lives of the people in medieval Europe mostly revolved around faith and on what they believe in‚ mainly their religion‚ the effect of the Church in the middle ages on the citizens was huge. The church controlled the people as it was the main center of religious and social life. All Christians belonged to the Roman Catholic Church and it was considered that the church was as important‚ if not more‚ than any king or queen. In fact‚ a king could
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online journals of Historical Cost and Fair Value: 1. Summary of HISTORIC COST VERSUS FAIR VALUE In accounting historical cost is the original or nominal amount of money paid for asset rather than inflation adjusted price. In other words it is the resource given up or a liability incurred to acquire an asset. The historical cost principle states that the asset should be reported at it cost (cash or cash equivalent amount) at the time of exchange and should include all cost necessary to get the asset
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Scientific farming vs organic farming - Document Transcript 1. Scientific Farming Vs Organic Farming Class: 2A Group 3 Group leader: Wong Kin Kon‚ Tony (40) Group member: Chow Cheuk Yin‚ Tommy (8) Fung Sheung Chi‚ Simon (10) Hui Ying Kit‚ Steven (12) Man Wing Ho‚ Victor (21) 2. Content Introduction P.1 Scientific Farming P.2 Organic Farming P.2 Advantages and Disadvantages of - Scientific farming method P.3 - Organic farming method P.4 Comparison between organic farming and scientific farming
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Assignment: Deontological vs. Teleological Ethical Deontological ethical systems are associated with judgments that are based on an action. If the action is considered to be in a good intent‚ even with the possibilities of having negative consequences‚ then it is still defined as being good. Branches of deontological ethical systems can extend out to ethical formalism‚ religion‚ and natural law. Ethical formalism is defined as the motive and intent of a person has based on what action the person
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There are many tasks that a child learns in their early life. Some of which include learning how to crawl‚ then walk and learning how to talk. I think a child learning how to talk and communicate is very important. That alone will shape them and how well they will communicate later in their life. Our system of language and the process of communication are closely linked. Communication can be described as any act by which one person gives to or receives from another person information about
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Balance Lab of a Copper Slug and Sodium Chloride (NaCl) on a Centigram and Electronic Scale PURPOSE/INTRODUCTION The purpose of this experiment is to learn how to weigh a substance on a centigram scale and an electronic scale through direct weight or by weight difference. The hypothesis is that all scales used should show the same weight for a given sample. The experiment should show precision and accuracy of the equipment being used. This will allow a better understanding on how to properly
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