Ethical boundaries in clinical psychology is best explained as being those that are crossed and then those in which are consider to be in direct violation of patient professional care. Working in the healthcare industry when boundiares become crossed between that of the patient and medical profession there becomes an issue with what treatment plans is best suitable as well as the overall relationship between both parties. Boundary violation has the potential to be harmful to a patient which could
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1-2 Identify and describe the five environmental differences between governments and for-profit business enterprises as identified in the Governmental Accounting Standards Board’s Why Governmental Accounting and Financial Reporting Is and Should be Different. * Organizational Purposes: government exists for the well-being of the citizens by providing public services‚ whether or not the services are profitable undertakings. * Sources of Revenue: government derives many of their resources from
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reasonable certainty‚ there is no reason to penalize the enterprise of the founder of a new business by denying remedy for losses occasioned by the default of the defendant. Ferrell v. Elrod 469 S.W. 2d at 686 ...for fiduciary relationship The courts have determined that a “fiduciary relationship exists when one imposes a special confidence in another‚ so that the latter‚ in equity and good conscience‚ is bound to act in good faith and with due regard to the interests of the one imposing the confidence
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Concept of Limited Liability Personal Definition: In the event a liability arises‚ limited liability prohibits the available assets to only the business entity itself. Essentially‚ the investor cannot lose more than he or she puts in. This protects the individuals working for the entity on a personal level. Nobody can attack his or her personal assets‚ unless the individual exhibits some form of activity that qualifies for piercing the corporate veil. Investopedia Definition: A type of liability
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Assignment ONE: Consider Burma (named Myanmar by its military rulers). What political rights do you have that the average Burmese citizen does not? Post your response. Having an authoritarian government‚ the people of Burma face intense control by the government with limited‚ if any‚ elections or choices. The people must show complete obedience to the government to avoid harsh and usually unjust consequences. While my democratic government posses strong authoritarian elements‚ I still have the
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disability or retire people have when they became eligible these benefits but 401k plan is contributing additional money to an employee account. Also‚ it goes whenever the employee makes his own contributions. 2 A fiduciary is person who manages money or property for someone else. If you named fiduciary‚ you take big responsibility and you are required by law to do the person’s property for his/her
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Ethics Case: Livent – When Maria…When? Summary Livent‚ a successful live entertainment company‚ known for performances of Phantom of the Opera‚ Ragtime‚ and Sunset Boulevard‚ was sold in 1998
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Former CEO Richard Fuld and 12 other Lehman executives and directors‚ accused in investor lawsuits of lying about Lehman’s financial condition leading up to the bankruptcy‚ filed in Federal Bankruptcy Court yesterday requesting a judge release insurance proceeds to pay for settlements. The former executives have agreed to pay $90 million to settle a shareholder suit and $8.25 million in another suit. They are neither admitting or denying wrongdoing. Update: April 20‚ 2010 : Today former Lehman
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communication between the salesperson and seller. There are grounds for fraud here based on Sam Salesperson not intending to let the timeline for the earnest payment lapse. You also have grounds for negligent misrepresentation based on a breach of fiduciary duty to you. You may request that the judge rescind the purchase contract as you had a contract with salesperson and seller before the higher offer was discovered. You had a contract agreement with the seller to purchase real estate which was breached
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Governmental Financial Reporting Presented by David R. Koeppen‚ Ph.D.‚ CPA Department of Accountancy Boise State University dkoeppen@boisestate.edu Topics • • • • • Introduction Reporting Basics Fund Accounting Government-wide Financial Statements Summary and Conclusion Introduction • • • • Purpose of Financial Reporting Generally Accepted Accounting Principles Characteristics of Governmental Entities Effects of Characteristics on Financial Reporting Purpose of Financial Reporting • Private
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