Identify the strengths and weaknesses of discretionary accruals models to identify earnings manipulation: Discretionary Accrual = non-obligatory expense (such as an anticipated bonus for management) that is yet to be realized but is recorded in the account books. Accrual Accounting = an accounting measure that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. The general idea is that economic events are recognized
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AC 1.1: Identify the sources of finance available to a business. Definition of Finance: The science that describes the management‚ creation and study of money‚ banking‚ credit‚ investments‚ assets and liabilities. Finance consists of financial systems‚ which include the public‚ private and government spaces‚ and the study of finance and financial instruments‚ which can relate to countless assets and liabilities. Some prefer to divide finance into three distinct categories: public finance‚ corporate
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Pointers to Ponder March 22‚ 2011 The 6 Little Things that Make a Huge Difference If someone were to ask you...”what things in life really make a big difference in people’s lives?”...What would you say? I bet some people will say‚ well‚ for one‚ money makes a big difference. Others may say‚ well‚ family makes a big difference. And‚ still others may say that education makes a big difference. I guess there would be as many different responses as the number of persons asked. So‚ that if I would
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Identify four major ongoing stressors in your life. In my everyday life I am encountered with different stimuli that end up becoming stressors. Four of the many stressors that I consider to be major are school‚ work‚ communication‚ and time. I consider school to be a main stressor for me because it is I big part of my life where I am required to manage my time wisely. There is a lot of homework to be done‚ different assignments with the same deadline‚ and having to assist my son with his school homework
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To live in a world were each and every culture is being judged. Therefore‚ Suzanna Fisher talks to one another about the cultural they lived in there we’re other problem they had. The article “Different is just different” by Suzanna Fisher Staples having to learn about other cultures fosters more peace in the world by teaching us not to fear differences but to become more compassionate people. Social media the news put the more important pieces before what happens to it all‚ different does not mean
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The least honorable character on Julius Caesar is Cassius because he is too jealous of Caesar. He wants to be a leader and take control. Cassius was with Brutus when he killed Caesar. Cassius is a very evil person. He tried to make it seem like he was all good when really he took over people. Cassius didn’t like Caesar personally. Cassius has his negative aspects. Cassius is a passionate and devious manipulator striving to use Brutus to gain his ends. According to the text‚ Cassius wrote letters
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the working people at the Flint General Motors (GM) Fisher Body plant. On december 30 they simply locked the doors and sat down‚ in reaction to the strike General Motors made a decision to transfer inspectors to other jobs because they would not leave the union. That day‚ General Motors attempted to transport dies out of Flint by rail to other plants with weaker unions so they could continue to manufacture cars. In response‚ the workers at Fisher Body Plant No. 1 sat down that afternoon‚ halting production
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The French government had many problems financially and politically before 1789 that built up over a number of years and a number of monarchs. The problems stemmed from a growing disorder in the finances‚ aristocratic privileges‚ new revolutionary philosophies‚ power struggles‚ and a weak monarch. Due to lengthy and very costly wars‚ Louis XIV and Louis XV played a big hand in bankrupting France. The French had suffered big defeats and therefore had lost men and supplies. They also failed to gain
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Four Focus Strategies It’s not usually realistic for a firm to try to appeal to all actual or potential buyers in a market‚ because customers are too numerous‚ too widely scattered‚ and too varied in their needs‚ purchasing behavior‚ and consumption patterns. Firms themselves vary widely in their abilities to serve different types of customers. So rather than attempting to compete in an entire market‚ each company needs to focus its efforts on those customers it can serve best. In marketing terms
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9–11) 1.4 The Four Basic Principles of Finance (pgs. 11–13) Objective 1. Understand the importance of finance in your personal and professional lives and identify the three primary business decisions that financial managers make. Objective 2. Identify the key differences between the three major legal forms of business. Objective 3. Understand the role of the financial manager within the firm and the goal for making financial choices. Objective 4. Explain the four principles of finance
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