misstatement‚ the loss was caused by reliance on the materially misstated statements‚ and auditors were aware that the financial statements contained a material misstatement. This difference exist because people would buy shares after they know that a company is going bankrupt and in making the burden of proof on the plaintiff it would take that away. In the SEC act of 1933 the plaintiffs only have to prove that they suffered an economic loss and the statements there were material misstatement. By having
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by steven ERP is short for enterprise resource planning which is designed to improve both external customer relationship s and internal collaborations by automating tasks and activities that streamline work process‚ shorten business process cycles‚ and increase user productivity. ERP software integrated all facets of an operation‚ including product planning‚ development‚ manufacturing processes‚ sales and marketing. In this short essay‚ three ERP application softwares from Oracle
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ACCOUNTING AND FINANCE FUNCTIONS IN AN AUTOMOTIVE COMPONENTS MANUFACTURING COMPANY AREAS 1. Accounts Receivable. 2. Accounts Payable. 3. Inventory. 4. Direct and Indirect Taxes. 5. Payroll. 6. Treasury Operations. 7. Manufacturing/Final Accounts. Accounts. Activities in Accounts Receivable Function 1. Recording of Invoices based on the Sales made during the day. 2. Recording of Receipts during the day. 3. Passing the credit notes/debit notes and recording
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Manufacturing Strategy – MBA 622 Instructor Prof. R.R.K. Sharma rrks@iitk.ac.in Office : FB326‚ Residence H.No. 643‚ IIT‚ Campus Kanpur – 208 016 COURSE OBJECTIVES Most of our students (B Tech and MBA) are engineers in various disciplines. It is natural that they develop their career in the “Manufacturing Function” of organizations they join. This course prepares them to take up the responsibilities as the “Manufacturing Chief” or the “Manufacturing Vice President” of the company. Briefly
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he Louisiana Purchase The Louisiana purchase resulted from the fear that the United States would lose its free trade rights in the Louisiana territory. America had an agreement with Spain for free trade rights that resulted from Pickney’s treaty of 1795 which granted American farmers the right to ship cargoes without paying tolls. Spain granted American merchants the right to transport goods from New Orleans to Atlantic ports without paying export duties. Since trading the Louisiana territory to
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By: joe The Louisiana Purchase was the purchase of the French province of Louisiana by the United States in 1803. The province stretched from the Mississippi River westward to the Rocky Mountains and from the Gulf of Mexico northward to Canada‚ covering an area equal to that of the United States‚ prior to the purchase. Except for the Mississippi River on the east and Canada on the north‚ the boundaries were indefinite. The United States also claimed West Florida between the Mississippi and Perdido
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I . Introduction. ERP is acronym for Enterprise resource planning It have three words : Enterprise‚ Resource‚ and Planning. The Last two words are irrelevant compared to first word. ERP application system is helpful for planning and managing the resources. There are many other applications who does the planning and resource management. But it is the enterprise part which is most important in ERP application system. The ERP system was developed and derived from the previous MRP (Materials Requirement
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1. Describe the events leading to the purchase of the Louisiana Territory in 1803. Discuss the terms of the treaty and how Jefferson reconciled his strict interpretation of the Constitution with the acquisition of the territory. Before the Louisiana Purchase in 1803‚ the entire Louisiana territory covered what is today known as the Midwest. The purchase of the land was a monumental step in the expansion of the United States. Thomas Jefferson became the 2nd president of the United States
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States at an extremely cheap price of 7.2 million dollars. This purchase increased the value of America as a whole and offered many more revenues and resources. There were resources such as the huge line of seafood and fishing.
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VOLTA‚ INC. SUMMARY * Volta is founded in 1985. Partnership owned by 5 college friends‚ namely‚ Eric‚ Eric’s brother Peter‚ Eugene‚ Kirby and Glenn. They are only few in the company which gives them heavy loads of work. Volta designed electrical system and sold equipment‚ components and parts for the system * In the industry they are into‚ they have many competitors and most of them are giant companies. Though in 1991‚ industry sales were estimated P700million‚ P400million from Volta line
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