AUDIT FAILURE OF WORLDCOM Group 1 Background • WorldCom‚ first named LDDS (Long Distance Discount Services)‚ grew largely by aggressively acquiring other telecommunications companies in 1990s. • For a time‚ it was the United State’s second largest long distance phone company (after AT&T). Background However‚ the year 2002 comes… • In March‚ the SEC began to investigate WorldCom as it reported large profit while AT&T reported loss. • In May‚ Arthur Anderson was replaced by KPMG
Premium Auditing Internal control Audit
Examining a Business Failure: WorldCom WorldCom was one of several large companies that failed because of inadequate organizational leadership‚ fraud‚ conspiracy‚ falsifying documents‚ and embezzlement. WorldCom has been classified as being “one of the biggest corporate scandals in Unites States history” (Zekany‚ 2004‚ p. 101). In 2001‚ the company’s financial condition began to decline due to the slowing telecommunications industry‚ which eventually put pressure on the company’s executive
Premium Management Leadership Corporate governance
The Biggest Room: Escape from Captivity as it Pertains to Jack in Room Room‚ by Emma Donoghue‚ is a novel written from the perspective of a five year-old boy named Jack. Jack is the son of a 26 year-old woman‚ Ma‚ who was kidnapped at the age of 19 and held in captivity for seven years before Jack executes their escape. Jack has spent his entire lifetime in the room their captor built for them‚ which he names Room‚ and reacts much differently to the outside world upon escaping than Ma‚ to whom
Premium English-language films American films Debut albums
of teen pregnancy has fallen in the last 50 years Highest in U.S. of all industrialized nations 4. Temperament refers to… -Temperament refers to characteristic patterns of emotional reactions and emotional self-regulation 5. What does social psychology explores? -The scientific study of the ways in which the thoughts‚ feelings‚ and behaviors of one individual are influenced by the real‚ imagined‚ or inferred behavior or characteristics of other people 6. Name 3 main sexual orientations. Heterosexual
Premium Psychology Sociology Mental disorder
The Biggest experience of my life Life is full of chances if you can see it however unless you try hard‚ potential does not come to your life by itself. I have been learnt Chinese since third grade and one of the most depressing day one of the chances of my life is come in my existence by contest brochure that “Scholarship in inner mongolia 4year-Chinese-boarding school for 3 students if they can write the best essay titled ”. Why it was depressing day is I found out that all of my assiduity
Premium Inner Mongolia Mongolia English-language films
The biggest change in my life! Moving to the United States from Dalat‚ Vietnam was a dramatic experience that has impacted my life in many different ways. My family immigrated to a new country hoping for a better future. I had spent fourteen years of my childhood in Vietnam only to tear away from my relatives‚ friends and home to start a new life on a city that I have not known much about. On the flight to Seattle I realized this is will be new life that I am about to create. These countries have
Premium United States
The world’s biggest software maker felt that it had been robbed‚ so much so that they posted a high-level summary of 235 patents that were allegedly violated by Free and Open Source Software (FOSS)‚ including the Linux Kernel‚ Samba‚ OpenOffice.org‚ and others .Microsoft does not play when it comes to patent infringement‚ but did they have a case?”… So if Microsoft ever sued Linux distributor Red Hat for patent infringement‚ for instance‚ OIN might sue Microsoft in retaliation‚ trying to enjoin distribution
Premium Free software Open source
Memory Structures Sensory memory is the shortest-term element of memory. It is the ability to retain impressions of sensory information after the original stimuli have ended. It acts as a kind of buffer for stimuli received through the five senses of sight‚ hearing‚ smell‚ taste and touch‚ which are retained accurately‚ but very briefly. For example‚ the ability to look at something and remember what it looked like with just a second of observation is an example of sensory memory. The stimuli detected
Premium Memory processes Hippocampus Memory
Caroline’s approach is an example of A) pseudoscience. B) the scientific method. C) the psychoanalytic model. D) the biopsychological model. 2. The term pseudoscience refers to A) the scientific study of psychology and related phenomena. B) hypotheses that have been rejected through observation and testing. C) ideas that are presented as science but in fact do not use the basic principles of scientific thinking procedure.
Premium Brain Nervous system Scientific method
Polytechnic University of the Philippines College of Arts DEPARTMENT OF PSYCHOLOGY Manila GENERAL PSYCHOLOGY (PSYC 1013) Course Description: This course has a broad coverage of the conceptual and empirical foundations of psychology in its main fields. The discussion of the theories‚ concepts‚ and finding which focuses on complex human behavior: how and why we think‚ feel and behave the way we do‚ how we act and interact with others‚ and why and how we become the unique individuals
Free Psychology