Could WWII be prevented? One of the bigger question of World War II was‚ “could it have been prevented?”. There are many theories that support it could’ve been prevented and that it couldn’t be prevented. World War II was one of the bloodiest wars‚ if not the bloodiest‚ in all of the wars ever. The total military deaths that came from the war were roughly around 19 million people killed (Appleby 519). It featured great Allied leaders: Franklin Delanor Roosevelt‚ Winston Churchill‚ and Joseph Stalin
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human race‚ is even used as a cliché in daily life. This momentous disease took place in medieval England‚ and was one of the worst natural disasters in history. Although‚ at the time‚ it may not have been known how it was being brought over‚ it could have been dealt with more effectively. Fewer people would have died‚ if more effective measures had been taken. The outbreak location of the Black Death has numerous possibilities. The first recorded occurrence was in the early 1300s when it swept through
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Could Pearl Harbor been prevented? Some people believe that the attack on Pearl Harbor could have been prevented from happening. Others believe that the attack was a surprise and that we didn’t see it coming. Actually Pearl Harbor could have been prevented in many ways and we did see it coming we just weren’t prepared. If we would have had better communication‚ used our resources‚ and believed that the Japanese would attack us we might have been able to fight back. If we would have had better
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Worldcom appeared to be a great success story. However‚ the success began to unravel with the accumulation of debt and expenses‚ the fall of the stock market‚ and long distance rates and revenue. It would take 2 years for the extent of these problems to become public‚ and accounting scandals like that of Worldcom would make history in the finance and telecommunication areas. While the intent is to make money to benefit a person or a group of people through illegal acts while disguising their illegal
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DIRECTOR’S RESPONSIBILITIES Is Legislation in Malaysia sufficient post Enron & Worldcomm? Abstract Directors being pillars of corporate governance (Cowan‚ 2004) should at all times act honestly and use reasonable diligence in the discharge of their duties. This is more so in light of recent major corporate issues like ENRON & Worldcomm in the United States and the Transmile case in Malaysia. In essence directors are agents of the company and as agents‚ they owe a duty of trust to the company
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gross outflows incurred in generating revenues. (ii.) SCON No. 6‚ paragraph 148‚ states that costs should be expensed when they are used up or have expired and when they have no future economic value which can be measured. SCON No. 6‚ paragraph 178-181‚ states costs should be capitalized or recorded as assets when the costs have not expired and they have future economic value. b. According to GAAP Accounting Principles‚ cost capitalization is observed if a major expense merits recognition as
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Could King Louis XVI have prevented or halted the process of the revolution? [20] The Ancien Regime is a term used to describe the French system of rule before the 1789 revolution. Problems such as finance‚ politics‚ the inequality of the 3 estates‚ the taxation system and King Louis’ overall decision making during the run up to the revolution all led to the downfall of the Ancien Regime‚ which Louis could have prevented entirely‚ or at least halted it especially in the events of the August Decrees
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Could you imagine if our country was a tyranny? So much would be different about the way our country works. Thankfully the government created the constitution in 1787‚ in order to prevent this from happening. The constitution prevented against tyranny because of federalism‚ separation of powers‚ framers of the constitution‚ and big and small state compromise. One way the constitution prevented tyranny was by using federalism. Federalism creates a double security to make sure the people of our country
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3) Roots of the scandal The roots of the fraud and the role of internal auditors As explained above‚ the fraud was implemented by the former CEO Bernard Ebbers and commited by his financial director Scott D. Sullivan. The technique used by Worldcom was pretty simple; indeed‚ he cooked the books by saving pure operating expenses such as maintenance network in capital expenditure instead of expenses in order to hide its decreasing earnings and to maintain the price of Worldcom’s stock. In summary
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CASE NAME: WorldCom: Keeping Planes In the Air 1. Briefly describe the important aspects of the situation. WorldCom had asked its accountant to make accounting entries dipping into reserves to help the company to meet its earnings target. WorldCom had been done these financial reserves for three quarters and intended to do so thereafter. The telecommunications industry was in a severe slump. WorldCom had a slow growth and rising cost. Vinson‚ who had done WorldCom’s accounting
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