Checking out the weather report is a daily activity for many of us. At the very least‚ we want to know how hot or cold it will get‚ or whether there will be rain or snow. Some of us live in places where severe weather can produce dangerous conditions -- flooding‚ tornados‚ blizzards or fogs‚ so we pay attention to weather related warnings. And these days‚ weather reports are getting more sophisticated‚ with pollen counts and particulates for allergy sufferers‚ and UV indices to tell you whether you
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Enron Case The internal controls that were ignored when LJM1 was created were one‚ LJM’s books were kept separate from Enron’s. LJM1 ignored some of Enron’s entries in the books that were missing. Outsiders owned less than 3% of the Special Purpose Entities equities. There was an error made by Arthur Andersen to let LJM’s financial statement to remain unconsolidated. If the financial statements had been consolidated‚ some of the errors could have been found. They may have even had some time to correct
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the world of politics‚ sports‚ science‚ and business. In the complex world of finance and accounting‚ the importance of ethical behavior and professionalism cannot be stressed enough. The Enron Corporation evidently did not read the code of ethics or morals. Although Enron had the makings of a successful corporation‚ Enron’s unethical behavior ultimately led to its downfall. As we have learned in financial accounting‚ the income statement shows a “company’s operating performance and summarizes the profit-generating
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Parmalat It has been named as “Europe’s Enron” – the legend that took down Italy’s milk selling company Parmalat and its controlling executives‚ American banks‚ audit firms‚ even politicians and 130‚000 of its helpless small shareholders after the discovery in the year 2003 of the $14 Billion black hole in the company’s finances. The company’s fraud was uncovered when the company failed to pay the cash to the bondholders. Summary: This discovery led to eight years of court cases in Europe
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Weather and Climate Neil Frederick S. Calderon‚ RMT Weather and Climate Describe the physical conditions of the atmosphere in a particular area Weather: short period Climate: long-term pattern of weather Affect human activities and ecosystem distribution Weather and Climate Weather is the day-to-day condition of Earth’s atmosphere at a particular time and place. Climate refers to the average year-after-year conditions of temperature and precipitation in a particular region. Both climate
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Question 1: How did the Corporate Culture at Enron contribute to its bankruptcy? The corporate Culture at Enron could have contributed to its bankruptcy in many ways. Its corporate culture supported unethical behavior without question for as long as the behavior resulted in monetary gain for the company. It was describe as having a culture of arrogance that led people to believe that they could handle increasingly greater risk without encountering any danger. Its culture did little to promote
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Building Vocabulary The weather Good weather be bathed in/bask in/be blessed with/enjoy (Bask-enjoy sitting or lying in the heat or light of sth‚ esp in the sun) bright/ brilliant/glorious sunshine the sun shines/warms sth/beats down (on sth) the sunshine breaks/streams through sth fluffy/wispy clouds drift across the sky a gentle/light/stiff/cool/warm/sea breeze blows in/comes in off the sea the snow crunches beneath/under sb’s feet/boots Bad weather Thick/dark/storm clouds
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Transcript Chapter 14: Weather and Climate : Chapter 14: Weather and Climate (NATSC 003 Report) Introduction : NATSC 003 Weather and Climate 2 Introduction Weather and Climate affects our Earth’s atmosphere. Different phenomena occurs with regards to them. Sometimes‚ weather and climate are classified as the same because it has referred to as a change in atmospheric condition. But‚ what is really a WEATHER and a CLIMATE? Weather and Climate : NATSC 003 Weather and Climate 3 Weather and Climate Air
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Weather “ Weather is the condition of the climate in a particular place at a particular time.” The weather is all around us‚ all the time. It is an important part of our lives and one that we cannot control. Instead the weather often controls how and where we live‚ what we do‚ what we wear and what we eat. Someone who studies the weather is called a meteorologist. Weather predictions are made by forecasters who you see on television. DIFFERENCE BETWEEN WEATHER AND CLIMATE Weather
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Is it greed or simply ignorance which caused the Enron Scandal? Enron once was known as "America’s Most Innovative Company" and as of today‚ known as one of the most popular business bankruptcies and failures. Enron appeared to be doing really well‚ producing a lot of cash and new businesses‚ in October of 2001 that all changed. Enron reported a $618 million third-quarter loss and declares a $1.01 billion non-recurring charge against its balance sheet. Partially related to "structured finance" operations
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