MINICASE ACCT – 13 1. What are the relevant facts? - The company for which Chris is the controller is facing difficult times in light of a downturn in the construction industry. - Chris and Robin know that a material receivable from the Ender Corporation is probably uncollectable. - The allowance adjustment for the material receivable has not been made - Allowance adjustment will cause the auditor to mention the company’s unstable financial position and therefore without a clear opinion‚ the
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In Ethics Case BYP5-6‚ we are presented with a seemingly harmless accounting issue. Laura McAntee has just been hired as an assistant treasurer for a large retail store. Her new boss used to have her position but has since been promoted to treasurer. While explaining her new duties‚ he has asked her to date checks to pay invoices at a discounted rate‚ but hold on to the checks in order to gain interest on that money. He continues to explain away the practice by saying “everyone does it” and that
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PUTRA BUSINESS SCHOOL GSM 5131 – Business Law & Ethics Lecturer: Dr Tengku Naufal Tengku Mansor Case Study 6 JKL Wedding Bridal Gallery Jack‚ Kenny and Lenny were partners in JKL Wedding Bridal Gallery (JKL) since three (3) years ago‚ having their business in Serdang Raya. To expand their business‚ Kenny‚ the managing partner ordered a brand new of 30 pair of bridal clothes and accessories worth RM80‚000-00 from Jai Pong Brides Couture. Kenny had been financially assisted from Bank Berniaga Berhad
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Case Study: 6 – Wal-Mart Case Study: Data Communications at Wal-Mart Case Study: Data Communications At Wal-Mart? There are many things Wal-Mart has done to improve its data communications systems for suppliers. Their chief improvement was the implementation of the sales and inventory data to their suppliers. Suppliers could log in and gain access to all of the sales and inventory data to more efficiently stock Wal-Mart with their products. A key component of data security
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Case 5:"Dell Inc. in 2008: Can it Overtake Hewlett Packard as the World Leader in Personal Computers?" Question 1: a. 1992: Michael Dell becomes the youngest CEO of a Fortune 500 company at age 27b. b. Michael Dell has been the key factor for Dell‚ Inc. growing into the corporation it is today. In my opinion‚ his top 5 key strengths that helped Dell‚ Inc. grow include: 1. Competitive nature 2. Foresight & Vision 3. Willingness to take risks 4. Aggressiveness 5. Ability to execute c. 5 Tasks
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Case 6: The Financial Detective MBA 730-01 Group 2 Introduction Financial characteristics of companies vary both from industry to industry and within a single industry for a variety of reasons. The challenge for any company in planning its strategy is the consideration of the industry’s economics in conjunction with their own strategy to help the company’s financial statements remain strong and competitive across both lines. In this case‚ we are asked to use this consideration of strategies
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Module 6 Case Study Near the end of 2013‚ the management of Simid Sports Co.‚ a manufacturing company‚ prepared the following estimated balance sheet for December 31‚ 2013. To prepare a master budget for January‚ February‚ and March of 2014‚ management has gathered the following information: Simid Sports’ single product is purchased for $30 per unit and resold for $55 per unit. The expected inventory level of 2‚500 units on December 31‚ 2013‚ is more than management’s desired level for 2014 which
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Gregory Visci Case Study Week 6 Busn427 Closing Case- Building the Boeing Summary Boeing has created the aircraft of the future‚ the 787 jet. It is designed to fly long-haul point-to-point routes‚ equipped with 250 seats. 80% of the materials used are composite materials. This makes the plane 20% lighter then the traditional aircraft. This translates to savings in jet fuel consumption and cost. The design and creation of the jet was a major technological gamble. To cut costs to
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Chapter 6 Case Study 1 Job Candidate Assessment Test Go Virtual 1. What do you think are the prime advantages and disadvantages of National City Corporation’s virtual tryouts? The advantages of using virtual tryouts are competitive edge against other companies. Allows them to pick candidates better suited for their work environment‚ allows candidates the knowledge that they are applying for a company that is at the cutting edge of technology and they want to move forward with the times. Unfortunately
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Week 3 – Group Alpha Chapter 6 Case Study – Cami Machado and Listo Systems’ Digital Information Services Team A recent incident involving hacking and data theft prompted the implementation of a new data security system at Listo Systems. A “black box” system will be installed on every PC in the company and will not only affect the way data moves but also who has access to sensitive files. Nearly everyone at Listo Systems will be doing things very differently once the black boxes are in place
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