Overview of Quality of Earnings - Some Guiding Principles/Framework The issue of earnings quality arises because of the cost/benefit trade off between cash accounting and accrual accounting. For our purposes‚ we want reported earnings to do two things: 1) to accurately represent current operating performance 2) to aid in accurately forecasting future operating performance These requirements for high-quality earnings mean that the reported earnings amounts for a particular period
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Project Earnings Manipulation: An Ethics Case Based on Agency Theory ABSTRACT: The impact of accounting information on ethical behavior has been extensively documented. Additionally‚ agency theory is a widely accepted behavioral perspective. Despite this‚ there is an absence of instructional material in the accounting education literature that ties ethical issues to an agency-theory context. The primary objective of this case is to highlight control system ethical issues using an agency-theory context
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reengineering. 1. What is the probability that a batch will be acceptable to the consumer and if the probability is large enough to be an acceptable level of performance? 2. If the population mean and standard deviation of the length of the pins are adjusted in order to improve the percentage accepted‚ which one do you think in practice is easier to adjust‚ the mean or the SD and why? 3. If the lathe can be adjusted to have the mean of the lengths to any desired value‚ what should it be adjusted
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Case Problem 2:Acceptable pins Data Analysis The lengths of the pins made by the automatic lathe are normally distributed with a mean of 1.012 inches and a standard deviation of 0.018 inch. The customer will buy only those pins with lengths in the interval 1.00 ( 0.02 inch‚ that is‚ between 0.98 inches to 1.02 inches. The probability of a pin having a length between 0.98 and 1.02 is 0.6339. Therefore‚ we can say that 63.39% of the pins produced will be acceptable to the customers. This is a
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Richman Investments ACCEPTABLE USE POLICY Information Security Policy Number 12345 Effective 10/15/2013` I. Introduction An Acceptable Use Policy (AUP) is an organization-wide policy that defines what is allowed and what is not allowed regarding use of Information Technology (IT) assets by employees. The following policy is to be followed by all employees of Richman Investments‚ authorized individuals‚ vendors‚ and contractors who use any information technology (IT)‚ electronic‚ or communication
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Price-to-earnings ratio (P/E) is often used for assessing the company’s stock price. P/E is determined by first calculating the earnings per shares (EPS)‚ which is the post-tax profits divides by the number of shares (Figure 1). Trailing P/E is equal to current market share price divided by trailing earnings per share for the past 12 months‚ whereas forward P/E is equal to current share price divided by expected earnings per shares for the next 12 months or next full-year fiscal period (http://www
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not light see my black and deep desires. The eye wink at the hand‚ yet let that be Which the eye fears‚ when it is done‚ to see. (p. 31 l. 50) - Stars‚ hide your light so no one can see the terrible desires within me. I won’t let my eye look at what my hand is doing‚ but in the end I’m still going to do that thing I’d be horrified to see (p. 31) METHAPHOR
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Jerome B. Rustia BS-AE 1.) Political Dynasty‚ is it acceptable or not? * Political Dynasty is not acceptable for me because it is not fair to other people who deserve in such position in politics. Give chance to other to have a good leadership. Not only in one family the true/wise leader will come‚ every family/dynasty have it
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I do not believe in torture and consider it something barbaric and inhuman. Therefore I would say that torture is never acceptable under any circumstances‚ and regardless of what the consequences might be. Torture and civilization do not mix because the latter highly emphasizes the value of human beings as it is something intrinsic. Democracy also does not mix with torture because democratic societies believe in human rights and equality. My point is that the end does not justify the means when it
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information gathered in “The Dangerous Morality of Managing Earnings‚” there are five generalizations in how to manage short term earnings. They are how managers manipulate records to benefit themselves or the company. It seems that there is no true uniformity in short term earnings and each felt that rules could be bent by manipulating operating procedures‚ accounting methods‚ deferring expenditures‚ budget target‚ or by changing the short term earnings in sales and expense was justifiable. Although
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