Partial Fulfillment of the Requirements for IT-224 Database Management System I “Mp4” Michael Peña John Renzo Verano James Lantaca Cristian Jimenez Kristian Angelo Magnaye Prof. Carlo Petinglay I. Company Profile Columbia Computer Center Davao‚ Inc.‚ one of the pioneers in the computer industry of Davao City‚ Started its operation in 1982 as a video center. Due to a promising opportunity in the computer business‚ investment in this industry was also tried and later
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reality for many Americans. This devastating loss left many taxpayers with misappropriated assets along with a burden to pay the “bill” for the bailout of AIG. PART I: HOUSING MARKET SCANDAL: VIOLATIONS IN BUSINESS OPERATIONS To understand the accounting scandal of AIG‚ one must first understand its business transactions and operations leading up to the SEC investigations. In 1993‚ President Bill Clinton signed into law the Omnibus Budget Reconciliation Act‚ commonly
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Medicare and Medicaid: An Overview It is important that we all understand the basics of the Medicare and Medicaid programs as we will all eventually come of age where it is necessary to seek their assistance. The purpose of this paper is to give a brief history of how the program came about‚ the various plans for each program‚ issues that affect cost and access to the programs‚ how the political arena is affected and finally a conclusion with final thoughts on the total information. The idea
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Based on the vertical analysis done on the income statement‚ further explanation would be needed to explain the decrease in gross profit (as a percent to sales) over the three year period while overall expenses increase each year on both a percent-to-sales and total dollar amount increment. I would also be curious to understand why cost of goods sold is increasing year-over-year – are raw materials increasing‚ are inventory levels too high and we are writing off obsolete inventory‚ is part of the
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SATYAM SCANDAL I. Analyze the case and respond to the following questions: (a) Discuss the earnings management techniques employed by the management of Satyam. In this case of Satyam‚ I can conclude that the obvious technique employed by the said management are: 1. “Big Bet on The Future”. When an acquisition occurs‚ the company acquiring the other is said to have made a big bet on the future. As refer to this case‚ Ramalingam Raju the Chairman of Satyam Computer Services Ltd
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WEEK7 ASSIGNMENT 3 FRAUD IN THE AIS JERRY S. KOLEH STRAYER UNIVERSITY PROF. DANIEL ACHEAMPONG ACCT564 (ACCOUNTING INFO SYSTEM) MAY 26‚ 2013 Embezzlement of $19.2 Million at Citigroup and the failure of its AIS to prevent the fraud As alluded to by the Security Director ’s Report (2011)‚ it seems internal auditor were not thoroughly reconciling or analyzing statements relative to payments made to contractors and money transfers. Or still‚ they probably did not even have
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possible treatment options and prognosis? The treatment for Ms. Jones’s symptoms would be to ultimately restore her output of urine. Treatments available for urine restoration include fluid resuscitation and possible dialysis for the more chronic cases. The prognosis for acute renal failure caused by ischemic acute tubular necrosis is good since the tubular cells renew. Scenario B: Chronic renal failure. Mr. Hodges‚ a 73-year-old man‚ has had congestive heart failure for the past 5 years. His doctor
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Corporate Fraud: Case Studies in Detection and Prevention Fraudulent financial reporting‚ corruption‚ and misappropriation are often investigated by the internal audit department. Because these types of crimes can be the source of large losses‚ security professionals would do well to familiarize themselves with how they are carried out and how they can be detected. Corporate Fraud provides a clear window into that world. Author John D. O’Gara was the director of internal audit at a Fortune 500
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The Fraud of the Century: The Case of Bernard Madoff December 2008 Case Study 11 Maria E. Delgado Madoff Ponzi Scheme Bernard Madoff took his investors for $65 billion over the course of nearly two decades. His list of victims includes billionaires‚ celebrities‚ individual investors‚ banks‚ and charities. His scheme was revealed when he confessed in March 2009‚ when he pleading guilty to the charges against him‚ and was then sentenced to 150 years in prison. Madoff was successful for so
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Both Medicare and Medicaid were created when president Lydon B. johnson signed amendments to the social security acro on July 30‚ 1965. The United States medicare is a national social insurance experiment. What is social insurance? Social insurance is any government sponsored program. Administered by the U.S. federal government since 1966‚ currently using about 30 private insurance companies across the United States. Medicare provides health insurance for Americans aged 65 and older who have worked
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