Bottle water is everywhere. Americans are drinking bottled water like never before. Every second of everyday in the US‚ a thousand people buy and open up a plastic bottle & every second a thousand of plastic bottle are thrown away. According to Sandra Alters in Water: no longer for granted 85 million bottles are consumed a day. So there come a lot of questions in my head: Why do we buy bottle water? Where is the source of water? Where these plastic bottles go when we throw them away? Today‚ I want
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i Case Study: One Laptop Per Child [from: Keegan‚ Warren J.‚ and Mark C. Green‚ Global Marketing (Sixth Edition)‚ New Jersey: Pearson Education‚ Inc.‚Prentice Hall‚ 2011] |[pic] | | | | | As director of the prestigious Media Lab at the Massachusetts Institute of Technology (MIT)‚ Nicolas Negroponte had a unique opportunity to immerse himself in cutting-edge
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manufacturing or trading‚ require cost accounting to track their activities.[1] Cost accounting has long been used to help managers understand the costs of running a business. Modern cost accounting originated during the industrial revolution‚ when the complexities of running a large scale business led to the development of systems for recording and tracking costs to help business owners and managers make decisions. In the early industrial age‚ most of the costs incurred by a business were what modern
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Cost Concepts for Managerial Decision Making Prepared for instructional use in Economics For Managers ECG 507 College of Management North Carolina State Universiy © Stephen E. Margolis 2000 Soon we will be using the concepts of cost that are presented in Landsburg’s chapters five and six to analyze market behavior of firms. With a bit of interpretation‚ however‚ these concepts have immediate application to ordinary decisions that
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Sample PERS 2001 Exam Questions Multiple Choice Identify the choice that best completes the statement or answers the question. Modules 1-Introduction‚ 2-Overview of Legal Systems and 3-Death Penalty 1. The Uniform Crime Report “Crime Rate” allows a. police to set a value on crimes c. comparison of crime over time and in different locations b. police to report crimes d. comparison of crime between countries 2. In the United States‚ all states except one use a similar source for their law. Which
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boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples‚ and carrying costs are $0.80 per box on an annual basis. Determine: (A) the order quantity that will minimize the sum of ordering and holding boxes of staples (B) the annual cost of ordering and carrying the boxes of staples 2. . A service garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on an annual basis. Determine:
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Case 5.6 4.) Per Section 302(a)(5)(B) and 302(a)(6) of SARBOX‚ “ the signing officers have disclosed to the issuer’s auditors and the audit committee of the board of directors (or persons fulfilling the equivalent function) -----any fraud‚ whether or not material‚ that involves management or other employees who have a significant role in the issuer’s internal controls; and the signing officers have indicated in the report whether or not there were significant changes in internal controls or other
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Quiz 2 1) Cost-volume-profit analysis is used primarily by management: A) as a planning tool B) for control purposes C) to prepare external financial statements D) to attain accurate financial results Answer: A Diff: 1 Terms: cost-volume-profit (CVP) Objective: 1 AACSB: Communication 2) One of the first steps to take when using CVP analysis to help make decisions is: A) finding out where the total costs line intersects with the total revenues line on a graph. B) identifying which costs are variable
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Determination of per Unit Total Costs. The estimated unit costs for Hoteling Industries‚ when operating at a production and sales level of 10‚000 units‚ are as follows: Cost Item Estimated Unit Cost Direct materials $15 Direct labor 10 Variable factory overhead 8 Fixed factory overhead 5 Variable marketing 4 Fixed marketing 3 Required: (1) Identify the estimated conversion cost per unit. (2) Identify the estimated prime cost per unit. (3) Determine the estimated total variable cost per unit. (4)
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answering challenge questions answering challenge questions [SECTION TITLE] 1 2 CONTENTS Practical experience requirements (PER) 4 challenge questions 5 sample answers 01 Demonstrate the application of professional ethics‚ values and judgement 6 03 Raise awareness of non-financial risk 7 04 Manage self 8 05 Communicate effectively 10 08 Improve departmental performance 12 10 Prepare financial statements for external purposes 13 13 Contribute to budget
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