Chapter 14 Section 3 Big Business and Labor 1. Terms & Names * Andrew Carnegie- a Scottish-American industrialist‚ businessman‚ entrepreneur and a major philanthropist. * Vertical Integration-a company’s taking over its suppliers and distributors and transportation systems to gain total control over the quality and cost of its product. * Horizontal Integration- the merging of companies that make similar products. * Social Darwinism- an economic and social philosophy—supposedly
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CHAPTER 1 THE PROBLEM AND ITS BACKGROUND A. INTTRODUCTION Health is a level of functional or metabolic efficiency of a living organism. In humans‚ it is the general condition of mind and body that is being free from illness or pain (physical or mental). In order to have a good health you need to become a healthy living person. By eating healthy foods (e.g: fruits and vegetables)‚ resting 8 hours a day and exercising. Exercise is also essential to our life because its an activity intended for physical
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Group: 5Vi Number: 1550633 Name: Estefania Gutierrez Sanmiguel Team: 4 Review Questions Chapter 3 1 What roles do GAAP‚ the FASB‚ and the PCAOB play in the financial reporting activities of public companies? 2 Describe the purpose of each of the four major financial statements. The purposes of each of the 4 major financial statements are: Income Statement—the purpose of the income statement is to provide a financial summary of the firm’s operating results during a specified time period. It includes
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BCP Outline and Table of Contents as per BIA IS427: Information Systems Security Capstone Project Daniel Jesse McConnell 11/24/13 Now is the point of the RFP that we start to think outward in terms of continuity after an event occurring. This step is known as Business Continuity Plan (BCP)‚ which is outlined directly from the preconceived Business Impact Analysis (BIA). Critical Applications and Function Required IT Resources Domain Name Server (DNS) Primary/Secondary DNS
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* Intentional Torts – involve intentional‚ rather than merely careless conduct; assault/battery‚ invasion of privacy‚ false imprisonment‚ trespass to land & the interference with chattels. * It is enough if one intends to do the act even if they did not intend to do wrong or cause damage b/c the law wants to protect property interests. ASSAULT AND BATTERY * Assault – occurs when the defendant intentionally causes the plaintiff to reasonably believe that offensive bodily contact is imminent;
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Chapter 3 Hypothetical Syllogisms As stated in Chapter 2‚ a hypothetical syllogism is a syllogism with at least one conditional premise‚ that is‚ at least one ―if…then…‖ premise. The ―If…then…‖ relationship may be expressed in ordinary language by using a number of different terms. In checking hypothetical syllogisms expressed in ordinary language for their validity‚ it is therefore useful to be able to translate such conditional vocabulary into standard conditional form. The Vocabulary of Conditional
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Chapter 3 Analyzing Bank Performance 1. Which of the following is not a characteristic of a typical commercial bank? a. Most banks own few fixed assets. b. Most banks have a high degree of operating leverage. c. Most banks have few fixed costs. d. Many bank liabilities are payable on demand. e. Banks generally operate with less equity capital than non-financial firms. Answer: b 2. Bank assets fall into each of the following categories except: a. loans. b.
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CHAPTER 3 Describe the major ethical issues related to information technology and identify situations in which they occur. Utilitarian approach. This action provides most goods benefit or least harm. This action usually happens in corporate action. The affected parties for example customers‚ employees‚ share holder and the community. CEO choose to promote ‘go green campaign’ so that this campaign will create an awareness through the staff about the importance of environment. Rights approach
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ACC-100 Chapter 3 External event: involves interactions between the entity and its environment. * Example: the payment of wages to an employee is an external event‚ hiring of a sales manager Internal event: occurs entirely within the entity. * The use of a piece of equipment Transaction: any event that is recognized in a set of financial statements (if an event is measurable and realized‚ then it is a transaction) * Typically include: * An external event that involves exchange
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Chapter 3 Questions 18 September 2013 5. In the 1911 case Flint v. Stone Tray Co. the court held that corporate income tax (which was passed in a law in 1909) was constitutional because it was a special form of excise tax on the privilege of operating in the corporate form‚ using income as its base‚ rather than a direct income tax. 9. A tax treaty is an agreement negotiated between countries concerning the treatment of entities subject to tax in both countries. The main purpose of these treaties
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