What Caused the Vietnam War? The Vietnam War was caused by many factors that contributed to the warfare in Vietnam during the years of 1959 to 1975. Most factors were the beliefs held by people who wanted to change or to prevent Vietnam becoming an Independent Country. Many people suffered due to these beliefs and policies and that the Vietnam War is now considered as one of the most distressing moments in the 20th Century. So why did the US become involved in the Vietnam War? What was Ho Chi Minh
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Depression and a “Great” Depression have two totally different definitions. Hence it is all in the name. Well a great depression not only affects on country but many countries. Many economic historians say that it was not just caused by one particular thing‚ but many things. The depression originated in the U.S. after the fall in stock prices that began in October‚ 29‚ 1929-1941 known as “Black Tuesday”. A lot of people started to invest in stocks‚ during the 1920s‚ when everything was going great
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The Enron Accounting Scandal Presented By: Jennifer Buondonno Nirmala David Robert Pufky Matt Rollings ENRON Page 1 of 27 Table of Contents Executive Summary……………………………………………………………..3 (I) Introduction to the Enron case and the organizations involved……. 5 Background information & industry…………………………………………….. 5 Organizations and officers involved……………………………………………..6 Accounting firm and partners involved………………………………………….8 Enron’s industry………………………………………………………………….. 9 Enron’s injured parties……………………………………………………………
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Part B: What role did the CFO play in creating the problems that led to Enron’s financial problems? In order to prevent the losses from appearing on its financial statements‚ Enron used questionable accounting practices. To misrepresent its true financial condition‚ Andrew Fastow‚ the Enron’s CFO‚ takes his role involving unconsolidated partnerships and “special purpose entities”‚ which would later become known as the LJM partnership. Taking advantage from the SPEs’s main purpose‚ which provided
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During the 1920’s‚ the great depression hit and so made a very uneven distribution of wealth‚ the top 1 percent of all americans had the riches of the bottom 42 percent of all americans. The uneven distribution caused factories to higher their prices‚ lower the employee’s pay to try stay afloat but didn’t succeed. It wasn’t only factories though‚ mining‚ farming and textiles failed as well all leading up to the shutting down of thousands of banks. During the period that lead to the great depression
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Enron: The Smartest Guys in the Room Importance of Accounting Accounting is important because it manages the checkbooks of company which are important to analyses and determine the success of the business by looking through the different account statements and translating the company documents. An accountant or accounting firm starts and maintains auditing of a company. Accounting is also important because it offers a great assistance in planning the future investments as well as being able
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What caused the Great Depression? The stock market crash‚ bank failures‚ and the buying of consumer goods on installment or margin‚ are just a few of the many causes of The Great Depression. During this time period the United States suffered greatly because of the depression. Many people were also not able to work or afford the things they used to be able to. The stock market crashing (bucket 1) lead to an industry collapse. One of the main reasons of the stock market crash was most likely
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1920’s but for the wealthiest Americans it rose to 75 percent‚ the richest one percent of the population owned 60 percent of the nation’s wealth.” “Farmers did not share fully in the expanding consumer economy since they never recovered from the collapse of commodity prices after World
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the Causes and Effects of the Enron Accounting Scandals Name: Do Minh Tam Class: MEP 100 Lecture: Karen Bird Date: December 24‚ 2010 Introduction Background From the 1980s until now‚ there have been a lot of accounting scandals which were widely announced on by media. The result of this situation is many companies were bankruptcy protection requests‚ and closing. One of the most widely reported emulation of accounting scandals is Enron Company. Enron Corporation is one of the largest
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Q1- Who were the key stakeholders involved in‚ or affected by the collapse of Enron? How and to what degree were they hurt or helped by the actions of Enron management? Ans- The key stakeholders affected by the collapse of Enron were its employees and retirees. Stakeholders and mutual funds investors lost $ 70billion market value. Banks were also affected by the meltdown of the company. They included big banks like J P Morgan Chase and Citigroup. Not only the stakeholder and bondholder lose out
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