FIN 515 Homework #1 1-1. What is the most important difference between a corporation and all other organizational forms? Owners of a corporation are not liable for obligations the corporation enters into because a corporation is defined as a legal entity separate from its owners. 1-2. What does the phrase limited liability mean in a corporate context? Limited liability means that owners/investors are solely liable for the amounts they invested in the company; and owners/investors are not
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an audit for this company? Explain the reasons for your decision. Yes‚ audits exist because of regulatory mandate (required by government). There are three theories which propose reasons why demand for audits might exist without regulatory mandate: 1. Agency theory (The focus of the agency demand for auditing is more related to the stewardship role of accounting- which is more an examination of what has happened.) The separation of ownership and control of organizations has resulted in an information
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Imagine you are managing a design project that will create an interface for automobile mechanics. The interface would be used by the mechanics to look up various fixes and parts for any number of makes or models of automobiles that may come through their garage. Decide what usability measures would be most motivating when designing this interface and describe the unique challenges you would have to plan for when designing an interface for an automotive repair shop. Use supporting evidence to support
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Teeya Clarke MBA 621-Financial and Managerial Accounting July 11‚ 2015 Problem 2-3 Indicate the net effect on assets‚ liabilities and owners’ equity resulting from each of the following transactions: Assets=Liabilities+owners’ Equity 1. Capital stock was issued for $100‚000 cash This will increase assets by $100‚000 and increase equity by $100‚000 2. Bonds payable of $25‚000 were refunded with capital stock. The liabilities will be decreased by 25‚000 and increase equity by 25‚000 3. Depreciation
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Introduction to Communication Worksheet COM/100 Version 3 1 University of Phoenix Material Introduction to communicationTamara Martin08/10/12 Introduction to Communication Worksheet Paragraph Questions Answer the following questions in your own words. Each response must be written as anacademic paragraph of at least 150 words. Be clear and concise‚ and provide explanations for your answers. Format your sources consistent with APA guidelines.1.According to Introducing Communication Theory (2010)
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Chapter 1 1. What is the most important difference between a corporation and all other organizational forms? A corporation is legally separate from its owners; it is an artificial being under the law. 2. What does the phrase limited liability mean in a corporate context? Limited liability refers to the amount of liability an owner has. The owner is only liable for the amount they invested in the corporation. 3. Which organizational forms give their owners limited liability? LLC
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For Centuries‚ Indian Nations converted their knowledge into wealth and social order through that process of innovation. The purpose of innovation is to create a new value for a society at large. Indian Nations created those new values in the form of advancements in many fields like Mathematics‚ Architecture and Religion that modern society continues to build on. Divergent Indian Tribes‚ throughout North and South America‚ had been thriving and living for generations with a deep reverence for their
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Discussion 1 week 2 A. Discussion 1 – Policy-making in the Federal System (e.g.‚ education policy): DQ1 has four parts. Be sure to respond to each part. Use information from assigned resources in both your main post and your peer responses. While reading‚ use the table below to help you organize information from your sources in relation to different parts of the DQ. Keep track of where you find information so that you can correctly cite sources in your posts. Recommendation: Print this table
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1 Most leadership theories emphasize • leader characteristics • 2 Distant charismatics are often described in terms of their effect on follower • • political attitudes A theory that explains the most effective pattern of leadership behavior in a specified situation is best classified as • • prescriptive 4. A contingency theory that contains mediating variables is • • multiple-linkage model • 5.One unique characteristic of followers in leadership theory is
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WEEK 1 : CONNECTING THE DOTS Question: 1 The outcomes of My Foundations Lab Path Builder was surprisingly more difficult then what I had first planned‚ but also refreshed my memory quite a bit‚such as writing ‚spelling‚ and note taking. After being out of school for twenty years. I definitely forgot a lot more then I thought. I can definitely see it as a must for an educational tool. Question: 2 The MFLPB definitely applies to my educational need. By learning what it had to offer it will improve
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