Chapter 8 - Need and Classification of Industries Life Skills Industrial facilities across the globe have already released over 5 million tonnes of toxic chemicals. These chemicals are production-related wastes and pollutants. Many industries also emit high amount of carbon dioxide gas. Other gaseous pollutants produced by industries across the globe include carbon monoxide‚ sulfur dioxide‚ chlorofluorocarbons (CFCs)‚ nitrogen oxides‚ etc. Organise a group activity to prepare a poster or model to
Premium Pollution Carbon dioxide Water
Journal of Management Studies 43:1 January 2006 0022-2380 Guest Editors’ Introduction Corporate Social Responsibility: Strategic Implications* Abagail McWilliams‚ Donald S. Siegel and Patrick M. Wright College of Business Administration‚ University of Illinois at Chicago; Department of Economics‚ Rensselaer Polytechnic Institute; School of Industrial and Labor Relations‚ Cornell University We describe a variety of perspectives on corporate social responsibility (CSR)‚ which
Premium Corporate social responsibility Management Social responsibility
Case#8 Countrywide Financial: The Subprime Meltdown Questions: 1. Are subprime loans an unethical financial instrument‚ or are they ethical but misused in a way that created ethical issues? The Countrywide Financial case showed subprime loans easily contribute to unethical behavior. I think the idea of the loan isn’t unethical in itself‚ but the way it was packaged. If you take away the fraudulent behavior‚ the idea of a subprime mortgage isn’t too corrupt. Subprime borrowers generally have bad
Premium Personal finance Mortgage Subprime mortgage crisis
HOMEWORK CHPT 8 1. Which of the following statements is CORRECT? ‚e. An option holder is not entitled to receive dividends unless he or she exercises their option before the stock goes ex dividend. 2. Which of the following statements is CORRECT? b. Call options generally sell at a price less than their exercise value. c. If a stock becomes riskier (more volatile)‚ call options on the stock are likely to decline in value. 3. Which of the following statements is CORRECT? d. The
Premium Normal distribution Call option Option
Topic 1 Accounting and Society Prepared by Graeme Wines. One issue in Topic 1 that can be a little confusing is the distinction between inductive and deductive theories. The example of the topical area of climate change can be used to provide explanations of the distinction which may help your understanding. Inductive theory A descriptive (explanatory/scientific) theory‚ as these terms imply‚ suggest that the theory is attempting to describe or explain a particular phenomenon‚ and that
Premium Scientific method Costs Generally Accepted Accounting Principles
accountant is able to measure and chooses to measure…” (p. 480). Required: Discuss the extent to which the “scientific” world-view of mainstream accounting researchers‚ is grounded on a belief that “reality” exists independently of thee human subject and the possible implications this has for accounting theory development. Introduction Accounting is a subject that is guided with principles and regulations. Thus‚ it is often regarded as a rigid‚ rigorous‚ and highly analytical discipline with
Free Scientific method Sociology Social sciences
Introduction Accounting is a very old science as it is strictly related to the first forms of trade in the old world. According to Belkaoui (1992: 22)‚ the Committee on Terminology of American Institute of Certified Public Accountants (AICPA) defines accounting as follows: "Accounting is the art of recording‚ classifying and summarising in a significant manner and in terms of money‚ transactions and events which are in part at least‚ of a financial character‚ and interpreting the results thereof
Premium Decision theory Scientific method Decision making
2ACCT 455 CHAPTER 2 Solutions 2. Suppose that P.V. Ltd. paid a dividend of $10 at the end of year 1 (any portion of year 1 net income would do). Then‚ its year 2 opening net assets are $276.36‚ and net income would be: P.V. Ltd. Income Statement For Year 2 Accretion of discount (10% × 276.36) P.V.’s balance sheet at time 2 would be: P.V. Ltd. Balance Sheet As at Time 2 $27.64 Financial Asset Cash: (140 + 14 + 150) $304.00 Shareholders’ Equity Opening Balance: 276.36 (286.36 - 10.00 dividend)
Premium Balance sheet Generally Accepted Accounting Principles Asset
Chapter 1: Uses of Accounting Information and the Financial Statements TRUE/FALSE 1. The intentional preparation of misleading financial statements is referred to as fraudulent financial reporting. ANS: T PTS: 1 OBJ: LO1 NAT: AACSB correlation: ethics LOC: Learning Type: Recall KEY: ethical reporting 2. Fraudulent financial reporting can result from the misapplication of accounting principles. ANS: T PTS: 1 OBJ: LO1 NAT: AACSB correlation: ethics LOC: Learning Type: Recall KEY:
Premium Finance Fraud Generally Accepted Accounting Principles
associated with the subsidiary’s activities is limited 1-3 Organizational Structure‚ Acquisitions‚ and Ethical Considerations • Manipulation of financial reporting – Usage of subsidiaries or other entities to borrow money without reporting the debt on their balance sheets – Using special entities to manipulate profits – Manipulation of accounting for mergers and acquisitions • Pooling-of-interests 1-4 Business Expansion and Forms of Organizational Structure • Expansion from within:
Premium Generally Accepted Accounting Principles Balance sheet Asset