Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
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that apart from making profits‚ companies have an equal responsibility to create positive social and environmental change. Does Nau’s approach to doing business really match its belief? In the following‚ whether Nau’s approach to running business is ethical and socially responsible will be discussed. In the design area‚ Nau utilizes more sustainable fabrics. It conforms to the greening of management. In my view‚ Nau may be adopting the activist approach to being green because it takes the initiative
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ACC 556 – Financial Accounting for Managers Chapter 1 Homework Due Week 1 and worth 10 points Directions: Answer the following four questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your homework assignment using the homework assignment link in the course shell. E1-1 Here is a list of words or phrases discussed in this chapter: 1. 2. 3. Corporation Creditor Accounts receivable 4. 5. 6. Partnership Stockholder
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What are the professional aspects of teaching? Lee S. Shulman from http://www.oir.uiuc.edu/Did/SOTL/Shulman.htm 1. What are three things that all professions must teach? Give some examples in Medicine and Law. Three things that teaching of all profession should meet are understanding‚ action‚ and character. In a medical situation‚ a doctor should have enough knowledge to diagnose patients. But s/he also needs practical experience to decide what kind of action to take to cure their symptoms
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Merchandise inventory is generally valued at the price for which the goods can be sold. reported under the classification of Property‚ Plant‚ and Equipment on the balance sheet. reported as a current asset on the balance sheet. often reported as a miscellaneous expense on the income statement. Items waiting to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store
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CATHOLIC UNIVERSITY OF EASTERN AFRICA LEGAL METHODS – 1ST TRIMESTER NOTES – LECTURER FREDA KABATSI Faculty Vision: To train the students in the Faculty of Law to become conscientious and ethical lawyers who have an excellent grounding in legal principles and who will provide leadership in Kenya‚ East Africa and beyond. OVERVIEW OF LEGAL METHODS * Legal Methods is the study of how law operates in the society and how lawyers‚ judges and legislative think and do things according to the law.
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professional conduct is clear that an accountant should follow all the six principles so that a healthy work environment could be created in the interest of the company‚ society and nation. The second discussion is focused on evaluation of ethicality of accounting activities. Manipulating the financial statements for personal interest or for loyalty towards company or its executives is unethical and the person responsible for such act will be punishable. Misstatement of financial statements is ethically wrong
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………………………………………………………………5 2.1 Privileged Communication: …………………………………………………….6 2.2 Duty to Protect Potential Victims………………………………………………6 2.3 Duty to Warn……………………………………………………………………6 2.4 Privacy…………………………………………………………………………..7 2.5 Ethical and Legal Guidelines for Assessing Suicidal Behaviour ………………8 2.6 HIV/AIDS and the risk of Suicide……………………………………………...8 2.7 Confidentiality…………………………………………………………………..9 2.7.1 Statutory obligations to disclose……………………………………………...10 2
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Accounting fraud can be defined as knowingly falsifying accounting records in order to increase sales revenue and net income. Accounting fraud is committed in corporations by means of showing false information‚ using funds for illegal purposes or inflate expenses‚ overstating revenues‚ understating expenses or overstating the value of corporate assets. All these activities are entirely unethical. Behaving ethically depends on the capability to recongnize the ethical issues and to believe on their
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Week 3: Legal and Ethical Issues in Business Resource: Ch. 5 of Introduction to Business Task: Imagine that you are starting your own company. What will be the ethical code of your company? Write a 200- to 300-word ethical code of conduct listing the rules and principles that your company will use in decision-making. Provide a brief explanation of why you selected each rule and principle. The ethical code for my business‚ which is a café with a recording space‚ would include several things
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