Behind Closed Doors at WorldCom: 2001 1. Two General Accounting employees—Dan Renfroe and Angela Walter—made journal entries in the amount of $150 million and $171 million‚ respectively‚ without detailed support. It was noted that this was not out of the ordinary at WorldCom. In your opinion‚ was this a proper accounting practice? Explain. Though this may not be out of the ordinary for WorldCom‚ this is not a correct accounting practice. The way the entries were made does not comply with the proper
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The Host is a science fiction novel by Stephanie Myers. The story takes place on earth during a post apocalyptic period where parasitic aliens or “souls” are using human beings as their hosts. While many humans bodies have been inhabited by these souls‚ there are still many resisting humans who refuse to give up their body. Melanie Stryder‚ Jamie Stryder‚ and Jared Howe are part of this human resistance until Melanie is captured. A soul named Wanderer is inserted into Melanie’s body and is recruited
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Introduction background Air traffic controller is a profession that are trained to expedite and maintain a safe and orderly flow in global air traffic control system. Means‚ the ATC are very important in conduct the air traffic so that there are no conflict occurs. A conflict situation occurs when two or more aircraft are too close to each other‚ violating the horizontal and vertical to separation distance of 5 nautical miles(NM) and 1000 feet in the current ATM standards. This profession need
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Evaluate the various methods of recruiting in terms of whether they seem more like “open” or “targeted” recruiting‚ using the information in the book to help you make this decision. If some methods seem more “targeted‚” whom do you think they target? 3. For each division use the data tables provided in Appendix B to estimate how each method fares in terms of yields and costs. Provide a one-page summary of the essential results of the various data tables you have been provided. 4. Northern Oregon
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Case 7 Kate Myers Purpose: The time value of money is a fundamental concept that must be understood by all business students. This case emphasizes the important variables to consider when saving for a down payment on a house and shows how these variables should dictate the actions of an individual. 1. Let‚ PV = $98‚000‚ n = 8 years‚ i = 4%. Solving for future value via a calculator yields $134‚119.77. 20% of this amount is Kate’s required down payment. ($134‚119.77)(
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The Myers-Briggs profile is based on the Neo-Freudian theorist Carl G Jung. Carl G Jung‚ Katharine C. Briggs‚ and Isabel Briggs Myers are the well know researchers of the sixteen personality types. Carl Jung was the first to develop the theory that we individuals each had a psychological type. He believed there were two types of functions human used in their lives‚ how we perceive things and how we make decisions. He believed within those two category types‚ there were two different ways of functioning
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Case 3.1 Enron: Understanding the Client’s Business and Industry Price‚ Ria; Walters‚ Jessica 1. Inherent risk‚ a component of the audit risk model‚ refers to the susceptibility of the accounts to material misstatement‚ without regard to the systems internal controls. Inherent risk is a function of the nature of the client’s business‚ the major types of transactions‚ and the effectiveness and integrity of its managers and accountants. A clear understanding of the audit client’s business model is essential in assessing
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daughter venturing into the woods‚ alone still resonated in Ebony Myer’s head as she rolled her luggage through her new home‚ at least for the next two weeks. Another vivid memory from the morning‚ she departed was a hefty yet loving back slap from George Myer Sr. before vigorously reassuring his bride‚ their child would be perfectly fine; she would never admit it aloud but his words had been a comfort. Roughing it in the forest didn’t scare her‚ growing up with four ill-mannered and boisterous brothers
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Ria David Case Study Executive summary: Ria David‚ a happy mother of two kids‚ has been a long time employee in Unitrust Bank Ortigas. At first her performance was well rated‚ all of her officemates and bosses have no problem with her since she has this talent of coping up with almost every kind of people she can encounter. But as time goes‚ her tardiness record is getting high. Also the jobs included in her job description is not all accomplished by her because of her late arrival in the office
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1.) (Values in millions) Liquidity Current Ratio 2004 2003 2002 2001 DCM 1.6318 1.5176 1.8258 2.0946 Plastichem 1.3011 1.5230 1.4623 1.3094 Quick Ratio DCM 0.9900 0.9296 1.1136 1.5676 Plastichem 0.8599 1.1410 1.0385 0.8264 Cash Ratio DCM 0.0149 0.0553 0.0227 0.3919 Plastichem 0.0515 0.0761 0.0838 0.0226 Leverage Debt Ratio DCM 36.07% 38.54% 33.44% 22.50% Plastichem 83.45% 66.07% 66
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