1a. Why do you think that Louisville Slugger purchased the Alcoa factory rather than continue letting Alcoa make it’s bats? as a cost effective investment which allowed them to leverage purchasing power for raw materials and renegotiate existing contracts based on a larger business model more involved in quality control in order to maintain a positive reputation gain knowledge of experienced people which allowed them to get into the market more quickly (To me‚ this has an element of why purchase
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“Financial statements are like fine perfume; to be sniffed but not swallowed.” - Abraham Briloff (Professor Emeritus of CUNY Baruch) ACCOUNTING: Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least‚ of financial character‚ and interpreting the results thereof." ACCOUNTING AND ITS ROLE IN SOCIETY:
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2011 World’s Most Ethical Companies The Ethisphere Institute‚ a leading international think-tank dedicated to the creation‚ advancement and sharing of best practices in business ethics‚ corporate social responsibility‚ anti-corruption and sustainability‚ announced the official unveiling of the 2011 World’s Most Ethical Companies. This year’s honorees have gone above and beyond to prove business ethics are paramount to the success of a company’s brand and bottom line. In its fifth year‚ the World’s
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ACCOUNTING FOR INCOME TAXES F 1. Taxable income is a tax accounting term and is also referred to as income before taxes. F 2. Pretax financial income is the amount used to compute income taxes payable. T 3. Deferred tax expense is the increase in the deferred tax liability balance from the beginning to the end of the accounting period. T 4. A deferred tax liability represents the increase in taxes payable in future years as a result of taxable temporary differences existing at the end
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Unethical Behavior in Accounting When describing accounting‚ it can be defined‚ as a type of method used to provide information with regards to the financial position of a company or an organization. The information provided to investors is imperative because it provides the investor with valuable information that can lead to their determination as to whether they should decide to invest or not to invest in a specific organization. Consequently‚ because of unethical practices and behaviors in accounting
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January 14‚ 2013 Ethical Behavior in Business In the business world employers and business owners should know that there is no room to be dishonest‚ or greedy dealing with a business. In reality people need to be held responsible and accountable for making sure that they are holding up and following ethical business practices. There is no reason that any business owner or manager should not follow the golden rule at work just like they would at home‚ treat people the way you want to be treated
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things education majors hate being asked or told! 1. Why do you want to be an education major? Obviously‚ we are asked this all the time. From the moment we apply to our dream colleges to the day we finally get the job. However‚ I feel as though people are asking this in more of a disgust or sarcastic tone. "Why do you want to work with kids? Ew. Isn’t there anything better for you to major in?" As an education major myself‚ I don’t understand why people need to voice their opinion on my major at all
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1 ACCOUNTING 1 (ACN101- M) STUDY UNIT 1: THE NATURE AND FUNCTION OF ACCOUNTING DEFINITION: • • • Accounting can be defined as the orderly & systematic recording of the monetary values of financial transactions of a business The reporting of results Providing financial information as a basis for decision making 3 main processes define the accounting process: 1. IDENTIFYING: Selecting evidence of economic / financial activity (transactions) 2. RECORDING transactions to provide a permanent
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Wei-Hsiang Wang What do you think art is? In my opinion‚ the major purpose of art is to influence someone. Some of the most common types of art in public are paintings‚ photos‚ and sculptures. When I go to the library‚ I would see photos of intellectual people‚ such as Gandhi‚ and Albert Einstein. These photos on the wall can greatly influence my mood and efficiency on studying. When I go to a hospital‚ I would see paintings and pictures that show life. Most of these paintings would have the
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There are many rumours in people’s minds about why coupons or bad or useless‚ leading them to avoid using coupons. It is time to debunk these wrong assumptions and put them to rest. Here are six of the most common myths regarding coupons and why they are false: Coupons are Not Worth the Savings Some people feel that coupons only save a fractional amount of money which won’t matter anyway in the long run. Another thing people feel is that stores know you’ll use the coupons‚ so they increase prices
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