Case 2-1 Carson Container Company Case Questions 1. What problems does Carson Container Company have that will affect its communications? Carson’s decentralized approach to procurement was indicative of its overall strategy toward dealing with its constituencies including employees‚ customers‚ shareholders‚ and communities. This decentralized strategy has affected the Carson’s communications. 2. What specific problems does Mr. Haskell have as a result of his communications to materials managers
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E2-1‚ 2‚5‚7; P2-2A‚ 4A E2-1. The following are the major balance sheet classifications: Current assets (CA Long-term investments (LTI) Property‚ plant and equipment (PPE) Intangible assets (IA) Current liabilities (CL) Long-term liabilities (LTL) Stockholders’ equity (SE) Classify each of the following financial statement items taken from Mordica Corporation’s balance sheet. CL Accounts payable CA Accounts receivable PPE Accounts depreciation-equipment PPE Buildings CA Cash CL Interest
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Nimo Lorenzo ACCTG 117 Payroll Accounting Management Monday Morning Class 02/04/2014 Matching Quiz 1. B 2. D 3. F 4. A 5. H 6. I 7. J 8. C 9. E 10. G Questions for Review 1. The Department of Labor enforces the Fair Labor Act which sets the basic federal minimum wage at $ 7.25 per hour and for the state of California’s minimum wage is $ 8.00 per hour. 2. The information that needs to be maintained by FLSA concerning employees’ wages earned is data about hours worked. 3. An employer
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CHAPTER 1 – Understanding Ethics LESSON OVERVIEW The purpose of this lesson is to introduce the student to ethics. You will give students a basic understanding of ethics and show where employees face the dilemma of balancing their own moral standards with those of the company they work for and the supervisor or manager to whom they report to on a daily basis. CHAPTER OUTLINE The textbook outlines the chapter with the following seven headings. As an instructor‚ you can use the headings to focus
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Homework Assignment 1: MC 3. (A) MC 4. (D) MC 5. (B) 1) What are the three major business activities of a company that are motivated and shaped by planning activities? Explain each activity. Investing Activities: consists of the acquiring and disposing of assets needed to produce and sell a company’s products or services. These assets may be long-term or short-term assets depending on the nature of the company. Financing Activities: the methods companies use to fund the investments in assets
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Case 2-1 Absenteeism at ONO Inc. ONO is a large auto-supply company that does a large volume of business with only eleven employees. Absenteeism seems to have increased over the last two years and has had a significant effect on ONO. The information in the text shows that ONO had lost 539 employee labor-hours or 67.375 days to employee absenteeism last year. Because there are only eleven employees‚ this equals out to 6.125 missed days per employee. This is actually less than the United States
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Business Research Ethics Maliaka M. McClendon RES/351 February 22‚ 2013 Henry Hoang Business Research Ethics When asking most people about ethics and morals‚ many think it is knowing the difference between right and wrong. A different way to define “ethics” is to focus on the disciplines that study standards of conduct‚ such as philosophy‚ theology‚ law‚ psychology‚ or sociology (Resnik‚ 2011). Regardless what area of the real estate industry you’re in finance‚ marketing‚ management‚ operations
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Internal managerial accounting systems are used to provide great information so that the management team can make great decisions. According to http://smallbusiness.chron.com/objectives-internal-managerial-accounting-systems-20945.html manufacturing plants uses these systems to help in costing and managing the manufacturing process. The main objective is to make an internal managerial accounting system provide the information to the mangers so that they can make good sound decisions. The goal is
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Case 5-1 1. How should AMAX be organized and controlled? * Measuring the management performance to provide proper motivation for managers for measuring profitability. * The quality measurement of manufacturing process such as scheduling product‚ quality control‚ and the decision making. * By focusing on the profit centers that give the information about profitability to upper management. * By focusing on the ending profit or loss that encourage managers to make more profits from
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Exercise 3-13. Costing Units Completed and Ending Work in Process [LO 2‚3‚4] At the start of November‚ Penco Refinery had Work in Process inventory consisting of 4‚000 units that were 90 percent complete with respect to materials and 50 percent complete with respect to conversion costs. The cost of the units was $38‚000 ($25‚000 of material cost and $13‚000 of labor and overhead). During November‚ the company started 44‚000 units and incurred $421‚970 of material cost and $394‚880 of labor and
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