Provisions and Contingencies Scenario 1 Fact: Energy Inc. (Energy‚ or the Company)‚ which operates in the oil industry‚ is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with IFRS and U.S. GAAP. A draft law in a country where Energy operates in‚ which requires a cleanup of land already contaminated‚ will possibly be enacted shortly after the year-end. Issues: Should Energy recognize a provision‚ (i) in reporting under IFRSs‚ and (ii) in accordance
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Google Inc. in China (Case Analysis) Submitted by: Inecito P. Labadan II July 30‚ 2012 POINT OF VIEW Tom MacLean PROBLEM Tom Maclean is in dilemma of identifying the possible appropriate course of action he would take‚ acknowledging all negative attention of Google‚ Inc. entering the Chinese territory through the development of Google.cn‚ a search engine residing in China. OBJECTIVES * To provide the best possible course of action that is appropriate for Tom Maclean to communicate
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CPGSC (Paper 2009/1/3) MONITORING STUDENT ATTENDANCE DRAFT IMPLEMENTATION PROPOSALS: GUIDANCE PAPER FOR SCHOOL ADMINISTRATORS‚ COURSE AND PROGRAMME DIRECTORS AND POSTGRADUATE SUPERVISORS Implementation date: 22 September 2009 This paper outlines draft plans for monitoring student attendance in the University of Edinburgh. In particular‚ this gives details of a pilot on attendance monitoring to be run in CHSS from 22 September 2009‚ with CSE and CMVM following in semester 2. 1. What
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Wawa‚ Inc.‚ a privately held company‚ began in 1803 as an iron foundry in New Jersey. Toward the end of the 19th Century‚ owner George Wood took an interest in dairy farming and the family began a small processing plant in Wawa‚ Pa‚ in 1902. The milk business was a huge success‚ due to its quality‚ cleanliness and “certified” process. As home delivery of milk declined in the early 1960s‚ Grahame Wood‚ George’s grandson‚ opened the first Wawa Food Market in 1964 as an outlet for dairy products. Now
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Legislation provision for health and safety in India: In the Constitution of India it is mentioned about the health and safety management of the workers‚ which directs the Government to form policies but there is least follow up of the Government policies. These policies are formed so as to give strengthen the workers at the working site‚ so that they are not abused and exploited. Some sections enforce for the humane working conditions as well as maternal relief. But many of the workers and people
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1.) The purpose that CUP Vorstand (board of directors) creates Customer Care Center (CCC) is to reduce the increasing defection of customers‚ which is caused from dissatisfaction with the firm’s services. CCC is necessary to CUP due to following reasons. First of all‚ by setting the CCC‚ the CUP can reduce lapse rate. The CUP has a high lapse rate before setting CCC. According to the interviews with defected customers‚ many of the lost of customers are due to CUP’s own fault‚ and they could be avoided
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this by simply opening the alligator clip jaws from one end of two jumper cables and clamp them together so that the metal parts are touching. Then attach the other end of each jumper cable to a metal nut by clamping the free alligator clip onto it. 3. Place the two metal nut conductors in opposite ends of the clear dish. They should be approximately centered and about 2.5 cm away from the ends of the dish. 4. Position the battery holder with a 1.5V battery outside of and slightly away from the
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Hoang Thi Thanh Ha - 13200154 Case 14-3 Coconut Telegraph 1. Is Coconut’s February 1‚ 2012‚ arrangement with Buffett within the scope of ASC 985-605? ASC 985 -605 Software — Revenue Recognition “provides guidance on when revenue should be recognized and in what amounts for licensing‚ selling‚ leasing‚ or otherwise marketing computer software.” It defines “ Software arrangements range from those that provide a license for a single software product to those that‚ in addition to the delivery of
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Digital Repository @ Iowa State University Graduate Theses and Dissertations Graduate College 2010 Three essays on food safety and foodborne illness Jing Liang Iowa State University‚ QsingL@hotmail.com Follow this and additional works at: http://lib.dr.iastate.edu/etd Part of the Economics Commons Recommended Citation Liang‚ Jing‚ "Three essays on food safety and foodborne illness" (2010). Graduate Theses and Dissertations. Paper 11759. This Dissertation is brought to you for free
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Case Study 3: Fulfillment by Amazon (FBA) MIT3220-02: Management Information Systems 1. In your own words‚ summarize the differences in the sales models of Amazon retain and GearUp. While both Amazon and GearUp provide similar services‚ reselling items‚ there are many differences in the sales models of these two companies. Amazon first puts goods into their inventory and then sells these goods from their inventory. They take physical possession and sell after they already have possession of the
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