You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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Kayla Rodney MBA 575 Case 4 Questions The University of Northwestern Ohio Jinjian Garment Factory Motivating Go-Slow Workers Piecework is a suitable form of paying employees in the garment factory‚ however it is not the best form of payment for the Shenzhen factory. The piecework system employed by the factory in Shenzhen was well suited to the nature of the work. Each worker was assigned to a specific job and earned an exact amount derived from the number of finished pieces times the price of that
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Case Study 2 – Internal Control ACCT504 Elicia Myrieckes October 4‚ 2014 1. New Internal Control Requirements If the Company Decides to Go Public. If the company decides to go public it should include in its annual reports the company’s internal control over financial reporting. This report must include: a statement of management’s responsibility for establishing and maintaining adequate internal control over financial reporting; management’s assessment of the effective of internal control
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FIVE STAR TOOLS Five Star Tools is a small family-owned firm that manufactures diamond-coated cutting tools (chisels and saws) used by jewelers. Production involves three major processes. First‚ steel “blanks” (tools without the diamond coating) are cut to size. Second‚ the blanks are sent to a chemical bath that prepares the tools for the coating process. In the third major process‚ the blanks are coated with diamond chips in a proprietary process that simultaneously coats and sharpens the blade
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Module 04 Case Study: Bone Tissue Part I— “Marissa” Questions 1. Describe bone tissue and the role each component plays in bone physiology and remodeling. What is the difference between compact and spongy bone? (2 points) Spongy bone looks like a sponge hence the name and contains a lot of red bone marrow (medulla ossium rubra). Red bone marrow is what produces red blood cells. Compact bones which consists of medulla ossium flava or yellow bone marrow‚ is made mostly of fat cells (Openstax College
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Case study: Business Process Reengineering General Motors Corporation “General Motors is one of three leading automotive manufacturing companies in the United States. Based in Michigan in 1903 by Henry ford and grew to reach revenue of $150 billion and more than 370‚000 employees by 1996. In the 1970’s‚ the automobile market for the major auto makers - General Motors (GM)‚ Ford‚ and Chrysler- was crunched by competition from foreign manufactures such as Toyota and Honda. In 1999‚ Ford acquired
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ORGANIZATION STUDY OF BIRLA CEMENTS(SATNA DIVISION) Submitted in partial fulfilment of the requirements for the award of the Degree of MASTER OF BUSINESS ADMINISTRATION of the Mahatma Gandhi University. Submitted by VISHNU VB 10313 Under the guidance of Mr.Umesh Neelakandan October 2010 DC School of Management and Technology Pullikkanam‚ Vagamon‚ Idukki 685503 Tel: 04869 – 248322‚ 248323 DECLARATION I hereby
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Week 4 Discussion Questions • What are main elements in calculating the cost of capital? How does an increase in debt affect it? How do you identify an organization’s optimal cost of capital? • The main elements in calculating the cost of capital are cost of debt‚ cost of equity‚ preferred stock and common stock. • An increase in debt indicates a higher risk which can increase the required rate of return which raises the cost of capital. Higher debt can also accrue additional costs. • By mixing
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Case 11-4 SUBJECT: Determining the Functional Currency of Sparkle Company Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture‚ 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria‚ being the Naira. During 2009‚ Sparkle had several transactions with its joint venture owners and outside parties. The
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1. Vision and motivation Imagine these scenarios: You’ve finally ended your daily work‚ and on your way back to your residence‚ or perhaps you’ve spent more time than you originally planned‚ and now it’s already pass the usual dinner time. Now‚ all you want is to have your meal and move on. You’re not going to eat at some quality restaurants‚ no‚ you’ll opt for a budget meal instead‚ and here comes the problem. These food stands are filled with other people probably in the same situation as you do
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