Business Law in Accounting Melissa Randall Business Law I / 421 Professor Deborah Gronet March 16‚ 2009 Business Law in Accounting Accounting is the system of recording‚ reporting and verifying financial information for individuals and businesses‚ including income‚ expenses‚ value of assets‚ and so on. However‚ Business Law I‚ takes what is normally known of accounting and moves into another arena‚ one which includes civil and criminal liabilities‚ contract law‚ ethics and the Sarbanes-Oxley
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1. Things had gone well with this account overall. What‚ though‚ were the critical issues in determining the customer’s satisfaction that led to the loss of the customer? Was the problem simply a lack of satisfaction with the product? Using concepts from the chapter‚ describe how the customer’s value equation was influenced by the experiences both before the call and during the call. Companies in all industries and of all sizes understand that customers are perhaps their most valuable assets.
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Business finance and the SME sector by David Brookfield 21 Sep 2001 | | One of the most important problems accountants are likely to deal with in acting as advisors to a small or medium-sized enterprise (SME) concerns the issue of financing. More succinctly‚ directors and owner managers in SMEs often complain of the lack of finance for what are profitable investment opportunities. For candidates preparing for professional examinations‚ the problem of learning about sources of finance for
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Accounting for Merchandising Business Merchandising Operations 1. A merchandising business is engaged in buying goods and selling these at a profit. 2. The primary source of revenues is referred to as sales revenue or sales. 3. The operating cycle of a merchandising company ordinarily is longer than that of a service company. 4. Income is measured by cost of goods and operating expenses from sales revenue. * Cost of goods sold is the total cost of merchandise sold during the
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and the recordings of these events. Many famous cases have spiraled from police brutality including Michael Brown‚ Rodney King‚ and Sandra Bland. Seeing this has made people start to protest and riot. Others have been trying to come up with ways to prevent police brutality. Police officers jobs are to protect and serve their community. An African American male named Joshua Beal was shot by an off duty officer in November of last year on the Southside of Chicago. Beal was a part of a funeral procession
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“A nation that cannot control its borders is not a nation‚” ex-president Ronald Reagan stated. Countries have many people who immigrated from different areas. However‚ an issue many have had is immigration. The United States of America is having an issue with a massive amount of people crossing the border between the U.S. and Mexico. An illegal immigrant costs on average the American family $1‚117.00. Illegal immigrants cost the U.S. government way too much to harbor. They also take jobs away from
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How to prevent snatch theif Be alert and aware – This has been said countless times but it must be reiterated that you can never be too careful. You need to be aware of your surroundings and if ever in doubt‚ listen to your hunch. There’s a reason why it’s called a woman’s instinct. Do not compromise on your safety. Avoid ‘easy target’ areas – Snatch thefts are usually committed in dark and deserted roads or alleys. This also applies to lift landing. If you’re coming home late whether by walking
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Accounting for Merchandising Business A. Comparison of Income Statement Service Company Net Income = Revenues – Expenses Merchandising Company Net Sales - Cost of Goods Sold = Gross Profit/ Margin from Sales Gross Profit/ Margin from Sales – Operating Expenses = Operating Income Operating Income – Finance Costs = Net Income Sample Problem: Carlito Delights Income Statement For the Year Ended December 31‚ 2013 Net Sales P 2‚393‚250 Cost of Goods Sold 1‚313‚600 Gross Profit from Sales
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Trafficking of refugees is the illegal trade of refugees for economic gain‚ i.e. money. It can occur within a country or may involve movement across borders. It affects all regions and most countries of the world. Women‚ men and children are trafficked for a range of purposes‚ including forced and exploitative labor (slavery)‚ sexual exploitation‚ and forced marriage. This is an extremely important issue and an even more serious violation to fundamental human rights like right to life‚ right to liberty
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The media has a huge influence amongst all classes of citizens. Depending on how they are used and how they present information‚ they could unite or divide a country. One could use the media to deglorify crime and violence and make the country more peaceful. America in particular glorifies violence and crime. It has a high number of inmates‚ who could be potential terrorist recruits. In an idealistic world we would prevent terrorist attacks before they even begin. To do this you would punish the leaders
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