Review Questions 1. What is benchmarking? Creating a blueprint by looking at the paths taken by organizations similar to the one whose plan you are developing. Using this method you follow the recommended or existing practices of a similar organization or industry-developed standards. 2. What is the standard of due care? How does it relate to due diligence? Due care are the organizations that adopt minimum levels of security to establish a future legal defense may need to prove that
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School of Management‚ Erasmus University * Indicates new course code for 2011-2012 academic year Preface Rotterdam School of Management‚ Erasmus University offers a large portfolio of MSc programmes. In this study guide you will find course information for the following programmes: MSc in: Business Administration‚ specialisation Accounting & Control Business Information Management Chinese Economy & Business Entrepreneurship & New Business Venturing Finance & Investments General Management Global
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Radio Shack Spirals into Bankruptcy February 6th‚ 2015 RadioShack filed for Bankruptcy Thursday due to a long spiral that landed it in retail limbo. Standard General has agreed to buy about $4‚000 of its stores and run about 1‚750 as co-branded shops with Sprint Network‚to stop a liquidation of their inventory that other stores like Circuit City and Borders have already been a victim of. RadioShack has been in business for 94 years and really started to grow in the 1970s and 1980s when electronics
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Windows server 2008 comes in different versions for the different users‚ not all users need all the same features. The versions are web edition‚ standard edition‚ enterprise edition‚ and datacenter edition. The significance of them are WE 1 OS Is permitted‚ 32-bit 4GB 64-bit 32GB‚ maximum number of CPUs 4. SE hyper-V included‚ plus 1 virtual instance‚ terminal server ‚network access protection‚ and CALs. EE plus 4 virtual instance‚ 32-bit 32GB 64-bit 2TB‚ CPUs 8‚ cluster service yes 16 nodes per
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Goals of Financial Management Maximize Profits A company’s most important goal is to make money and keep it. Profit-margin ratios are one way to measure how much money a company squeezes from its total revenue or total sales. There are three key profit-margin ratios: gross profit margin‚ operating profit margin and net profit margin. 1. Gross Profit Margin The gross profit margin tells us the profit a company makes on its cost of sales or cost of goods sold. In other words‚ it indicates
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Cryptography History * Dates Back to Julius Ceaser * Didn’t trust messanger * Used “Shift by 3” method Cryptography Basics * Cryptosystem (Cipher System) – method of disguising messages so that only certain people can read them * Cryptography – Art of creating and using Cryptosystems * Cryptanalysis – Art of breaking Cryptosystems * Cryptography – study of Cryptography and Cryptosystems * Symmetric Cryptosystems use the same key to encrypt and decrypt
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Financial Management Goals Cleveland Sharpe FIN 200 May 17‚ 2013 Shek Kablan Financial Management Goals 1. Describe the goals of financial management. “The goal of a financial manager is to earn the highest possible profit for the firm or company. When using this criterion‚ each decision would be evaluated on the basis of its overall contribution to the firm or company’s earning. This approach could lead to some serious drawbacks to the profit maximization as
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adopted under Indian context? Would you like to modify their functions in view of the company practice in India? Justify your opinion? Ans. The title of controller and treasurer not been followed in India. In India‚ generally the officer designated as financial controller performs the function of chief accountant. The title of finance head is generally finance manager who is involved in the management of company fund. 1.b. A firm purchases a machinery for Rs. 8‚00‚000 by making a down payment of
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Arthur Andersen: Questionable Accounting Practices Arthur Andersen‚ one of the largest accounting firms in the United States‚ “a name that was synonymous with trust‚ integrity‚ and ethics” (Ferrell‚ Fraedrich‚ & Ferrell‚ 2011‚ p. 348)‚ through a loss of its founder Arthur Andersen‚ and change in its corporate culture resulting in many unethical business transactions that affected multitudes of primary stakeholders had to close its doors in 2002 after 90 years of business. In this report I
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Health Care Financial Management: Reporting Practices and Ethics Marvin Dumlao HCS/405 April 6‚ 2010 Lisa Sanders Health Care Financial Management: Reporting Practices and Ethics Whether operating as for-profit or non-profit‚ organizations must pay close attention to accounting practices and adhere to sound financial management procedures to remain solvent. This applies to health care organizations as well
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