SOLE PROPRIETORSHIP: A business owned by a single person and that person is solely responsible for the debts (unlimited). It’s a business that is simple and easy to set up. LIABILITY: The owner of the business is solely responsible. The owner signs business contracts in their own name. INCOME TAXES: Income earned by the business is the owner’s income. The sole proprietor files at 1040 and schedule C & SE. LONGEVITY/CONTINUITY: The business dies with the owner unless there is a Last Will & Testament
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5.30 (Medium) Sufficient appropriate audit evidence has not been obtained to support the conclusions. | | Procedures | General point | Quality (appropriate evidence) | Quantity (sufficient) | (a) | Observation of stock take - went according to instructionsInventory test counts and cut-off prove satisfactory. | To conclude that the ACCOUNT balance is fairly stated (i.e. in $$ terms)‚ all material assertions must be verified. | Existence assertion (an overstatement test) has been tested from the
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SZT Task 4 Disaster in Franklin County After working through the project “Disaster in Franklin County‚” I will admit that I have a new appreciation for the role of the public health nurse in the event of an emergency. The simulation helped me to understand the important role that the public health team. The plays in assisting the community during a disaster. Role of the Major Public Health Personnel Each of the major public health personnel‚ including the public health nurse‚ play a key role
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This plan will map out the supply chain structure needed for Riordan to implement the manufacturing of the new perfume bottles at the Hermasillo‚ Mexico plant. Phase 1 will utilize the business model implementation plan to design a detailed supply chain process flow for Riordan. While Phase 2 looks at the demand increase pushing Riordan out of its current facility and into the Hermasillo‚ Mexio facility that the company just purchased. Phase 3 identifies strategic and tactical trends that could
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355A12-0031-01 to -14 & 355A12-0040-00 to -08 Check Tail Rotor Blades for Condition.Comply with DGAC AD F-1984-045-022 R4; SB 05-06 R6‚ Para. 1.C.1‚ Check Tail Rotor Blades (without Removal) for abnormal noise‚ not a metallic sound but sound of broken fibres as follows: Simultaneously hold both blades at 50cm distance from hub centre line & bending them simultaneously inward & then outward & check for abnormal noise. Comply with EASA AD 2007-0138; ECF SB 05-00-38 R2‚ Para. 2.B‚ Inspection of Tail Rotor Blade
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EST1 – Ethical Situations in Business 000182457 Buggs EST1 Task 310.2.1-05 Concepts of Social Responsibility Riccio Buggs Business organizations today are socially and ethically responsible for doing the right thing‚ exercising good judgment in their business activities with employees‚ stakeholders‚ customers and the community. Business organizations emphasis should not only be on profits‚ but also on how business decisions impact society. Company Q is a small grocery
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Devonne Slade‚ RN Fiscal Concerns in the Health Care Setting- Case Study 4 Nursing Leadership and Management Dr. Susan Quinn November 20‚ 2011 In establishing the budget the first determination that was made was the amount of money necessary for each of the designated areas of spending per month. This was determined by dividing the amount of money currently allotted annually by the months in the year (12) to determine if the budgeted amount was on or off target. The
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LIT1 – Task 310.1.2-01-06 Part A SOLE PROPRIETORSHIP: A sole proprietorship is the easiest of all the business types to start and take the least amount of start-up capital. This is also the most common form of doing business in the United States. With a sole proprietorship‚ the business and the owner are one in the same and it is not possible to bring someone into the business. Liability: The owner is responsible for the debt of the business. There is no differential made from the business
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Situation A Facts of Situation A as it pertains to the Family and Medical Leave Act of 1993 (FMLA). • Employee A has been employed for over 1 year • Employee A was on extended leave due to the birth of a child • Company X has more than 50 employees • New Manager agrees to return Employee A to previous job and pay‚ denying pay for time off The FMLA states that an employee can be on extended leave up to 12 weeks without pay as long as certain provisions are met. In reviewing the facts of this
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EST1: Task 310.2.1-05 Opportunities for Company Q to lead in the area of social responsibility Company Q’s attitude towards social responsibility appears to be nonexistent‚ possibly through ignorance or disconcert. Either way the lack of social responsibility affects their business and community’s perception of their business. It appears that the company management has never developed and ethics program that clearly defines the corporate culture including provisions for social responsibility. Profits
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