Whistleblowing and Sarbanes-Oxley Assignment 1 Introduction Ethics is an extremely important aspect of the culture of a company. Ethics is a set of moral principles: a theory or system of moral values. It is vital that each company adhere to an ethical code. Often times the morale of employees decrease for a variety of reasons. This decrease or lack of morale causes employees to begin to act in an unethical manner. Unethical behavior tends to be a common practice
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Economic Coorporation Organization Introduction: An intergovernmental regional organization that was set up by Iran‚ Pakistan‚ and Turkey in 1985. Its purpose was to provide and promote economic‚ cultural‚ and technical cooperation throughout Member States. During 1992‚ the organization had been expanded to also include Islamic Republic of Afghanistan‚ Republic of Azerbaijan‚ Republic of Kazakhstan‚ Kyrgyz Republic‚ Republic of Tajikistan‚ Turkmenistan and Republic of Uzbekistan. The organization
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Week 4 Reflection Summary ECO/372: Macroeconomics July 8‚ 2013 Dr. Joe Timmerman Week 4 Reflection Summary In week 4‚ we discussed the problems with the fiscal policy and how we felt about the limits of the fiscal policy. When spending is greater than income there is a deficit; a deficit is a shortfall of revenue payments. Some of the team struggles with understanding when the economy is in a recession‚ why a deficit is good for the economy. As a team we also reviewed the total debt in the
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ECO/372 Final Examination Study Guide This study guide prepares you for the Final Examination you complete in the last week of the course. It contains practice questions‚ which are related to each week’s objectives. Highlight the correct response‚ and then refer to the answer key at the end of this Study Guide to check your answers. Use each week’s questions as a self-test at the start of a new week to reflect on the previous week’s concepts. When you come across concepts that you are unfamiliar
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without them? Financial markets are the instutions and procedures that enable transactions in all types of financial securities. The function of financial markets is to distribute the savings supply in an economyto those who demand the savings. Economic wealth would decrease and capital formation would be less if our economy didn’t have financial markets. 14-3. Distinguish between the money and capital markets. The maturity period of the securities traded within a market is the distinguishing
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Interest rates is the percentage that is adding to principal amount being borrowed. Our economy has businesses that are started by investors that have capitol to lend for a cost. Businesses need to lease buildings‚ buy products to have on hand‚ and pay staff to operate the business. Small businesses have more short-term interest rates that are more appealing to investors to stand behind with less risk. It depends on how the economy views the uncertainties that will determine how they will react to
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Understanding business The business related laws in the United States intend to foster free‚ fair‚ balanced and effective business practices. Laws protecting consumers in the United States disallow unfair‚ deceptive and anti-competitive business practices. Despite significant legislative differences from one state to another‚ a major premise is that deceptive and unfair business practices are unethical and inappropriate (Cartewr‚ 2009). These laws constitute critical legal underpinnings for ethical
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What happens when there is a surplus of imports brought into the U.S.? When the dollar value of goods and services imported into the United States exceeds the dollar value of goods and services exported to other countries from the U.S.‚ it creates what is called a surplus. When there is a surplus of imports that are brought into the United States‚ a deficit is created from the trade balance that occurs. Having a surplus of desired imports can create a lower price for the U.S. consumer and have a
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M E M O R A N D U M Re: Week 5 Reflection ________________________________________________________ This week marks the final week for this course. Team 5 has discussed the ethical implications involved with accounting principles and the importance of having regulations in place in order to maintain accuracy. The following addresses some situations that may lead to unethical accounting practices as well as the effects of such behavior. The Sarbanes-Oxley Act is also addressed because of its
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lower. •High interest rates: Investment expenditures decrease . Government spending stops. Net exports Consumption expenditures. Decrease. HOW DOES A STIMULUS PROGRAM (THROUGH THE MONEY MULTIPLIER) AFFECT THE MONEY SUPPLY? Potential Economic Stimulus: 1. Tax cuts for individuals. 2.Tax cuts for companies. 3. Expenditures on public works. 4. Investments in research and development WHAT INDICTORS ARE EVIDENT THAT THERE IS TOO MUCH OR TOO LITTLE MONEY WITHIN THE ECONOMY? HOW IS MONETARY
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