composed of related literature and studies‚ both local and foreign‚ which contain facts and information on the research problem at hand. It also provides explanations and logical connections between previous researches and the present work 2.1. Review of Related Literature 2.1.1. Foreign Stauffer‚ B.L. (2008) “Compared to the more traditional educational paradigm – the broadcast model‚ where knowledge is delivered from professor to student from on-high – e-learning turns teaching and learning
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1.What are the main reasons that Enron collapsed? I think the reasons for the collapse are three fold. Firstly Enron’s accounting practices(mark to market accounting- companies estimate how much revenue a deal is going to bring in and state that number in their earnings the moment the contract is signed) Its managements goal was to maintain the appearance of value by always having rising stock prices rather than focus on creating real value for the company. Secondly its reliance on Special
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Insurance Fraud A gang of Russian crooks ran a record-setting‚ $279 million fraud that exploited New York’s “no-fault” auto –accident law‚ authorities said 2/29/12. The gang worked with corrupt doctors to set up more than 100 phony medical clinics across the city. There‚ they generated fake bills for the treatment of “injuries” that “ranged from wild exaggerations to outright fabrications‚” Manhattan US Attorney Preet Bharara said. The fraudsters took advantage of the “patient-friendly provisions”
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Parmalat‚ Europe’s Enron of fraud‚ undermined European accounting and reporting standards. The fraud‚ totaling nearly 18 billion euros‚ brought down the Italian dairy giant and ruined investors across the globe. Such a enormous fraud‚ some would assume‚ would need to be highly complex and fully developed in plan as well as execution. However‚ as Parmalat executives began to cooperate in the investigation‚ it was uncovered how rudimentary their fraud was despite the enormity in which it occurred.
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COMPUTER AIDED INSTRUCTIONS FOR HIGH SCHOOL CHEMISTRY OF STA. LUCIA HIGH SCHOOL A Thesis Project Presented to the Faculty of STI Colleges Ortigas-Cainta In Partial Fulfillment of the Requirements in the Degree of Bachelor of Science in Computer Science by Amoranto‚ Camille R. Angala‚ Wilfred B. Espinosa‚ Kenzo Maverick C. Vargas‚ Jessica T. Mr. Inell Ray D. Corpin Thesis Adviser October 14‚ 2012 ADVISER’S RECOMMENDATION SHEET This Thesis entitled Computer Aided Instructions for High School
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MEANING OF EXECUTIVE COMPENSATION Executive Compensation is defined as a financial compensation received by an executive of a firm. It typically includes elements like salary‚ bonuses‚ shares‚ stocks benefits etc. In simpler words it is a legal agreement between two consenting adult parties. It is an important aspect of Corporate Governance and is determined by the board of directors. In spite of being voluntary agreement these compensation benefits are condemned of being unjust and non transparent
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Coding Fraud Michael Anastasio Ultimate Medical Academy Before answering the questions “what are my responsibilities for billing on a procedure that was not performed but asked to do so anyway”‚ Let me explain a little on Medical Billing Fraud? It is an attempt to fraudulently obtain payments from insurance carriers. Fraud in medical billing cost tax payers and medical providers millions of dollars annually (all-things-medical-billing.com). In 1996‚ HIPPA established the Health Care Fraud and
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The overall cause for Enron’s bankruptcy should be blamed on former chairman and CEO‚ Kenneth Lay. As an Enron executive‚ all of Lay’s concerns should have been focused on Enron’s profits‚ but all he cared about was his property. When he noticed Enron’s financial problem‚ he did not attempt to fix it‚ but made effort to maintain his own benefit and ignored the whole company’s and investors’ loss. His selfish and unethical behavior not only deceived the investors but also finally resulted in Enron’s
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ZZZZ Best company is one of the biggest examples of Accounting Frauds. The founder of ZZZZ best was Barry Minkow. He was a very smart young entrepreneur when he started the company. He was involved in credit card forgeries prior to starting his own carpet cleaning business “ZZZZ Best Company”. Minkow began his business with small carpet cleaning jobs and he became a multimillionaire in a very short period of time. Minkow met a person named Tom Padgett at Los Angeles Health club. This was the beginning
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that ultimately resulted in their downfall. An interesting finding was the acceptance of a rule‚ Repo 105‚ that allowed the company to write off and hide bad decisions. Even those unfamiliar with financial decisions will see the danger in the overuse of such a policy – something that was later denied by the CEO of Lehman’s. 2. What was the culture at Lehman Brothers like? How did this culture contribute to the company’s downfall? The culture of Lehman’s was based on the ideals of risk taking and
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