Introduction There are two based types of accounting measurement to determine the profit. They are cash basis and accrual basis. Business can use either a cash basis or accrual basis to work there profit. However‚ most of the company prefers to use accrual basis instead of others. In this essay‚ I will compare the difference between cash basis and accrual basis on expense and revenue. In addition‚ how can company choose their measurement of profit will also be discussed. Cash basis & accrual
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Example Response 1 to Ethical Dilemma 1 A review of Ethical Dilemma # 1 presents several issues to consider; the first being the counselor’s initial decision to meet with John‚ sans Phyllis. Section 3.05 of the American Psychological Association’s (APA) Ethical Standards defines a multiple relationship as one that “occurs when a psychologist is in a professional role with a person and (1) at the same time is in another role with the same person . . .” (2002). The mere act of meeting with
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Workshop Five-Ethical Solutions Paper Jackie Marshall June 19‚ 2013 Workshop Five-Ethical Solutions Paper The owner of a company reduced wages by 5% for all employees in 2010 due to the aftereffects of 9/11: an action that was necessary in order to save the company from financial ruin during a very turbulent economy. Since that time‚ no one within the organization has gotten a raise. However‚ the business has now stabilized‚ showing a net profit for the fourth quarter of 2011‚ all of
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Ethical Perspective First situation Bill has struck up a friendship with one of your sales represents Gayle Dornier to be precise. While the previous two quarters were great for Gayle‚ she ’s been struggling this quarter. My fear is that this rough spot will really pull her down. I ’ve been trying to cheer her up and bolster her self-confidence‚ but I ’m not sure that ’s enough. I thought as her manager you should at least know that she ’s really trying‚ but so far this quarter has been incredibly
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the choices were based on “how does it benefit humans”. Most ethical perspectives were anthropocentric‚ human interests at the expense of nonhuman things. Such as clear cutting‚ or burning because we as humans can benefit more from the wood or the land‚ than the animals can benefit from it. The value of nonhuman things would depend on what the human needed the nonhuman thing for. In the early 1970’s some members of society started placing a value on nonhuman things based on the purpose in
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world to accomplish goals. Since‚ there is no general theory of ethical leadership‚ there isn’t much research or solid evidence that shows that ethical behavior produces superior "leadership results" in the long term or the short term. And as long as we define "leadership results" as success and do not monitor or analyze the underlying leadership behavior in terms of whether it was ethical or not‚ we can never show statistically that ethical behavior is a superior result producer than unethical
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Ethical Company Paper IBM (International Business Machines) is the world’s largest information technology Company in terms of revenue and by most other measures‚ a position it has held for about the past 50 years. IBM manufactures and sells computer‚ hardware and software‚ and it offers infrastructure‚ hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM derives revenue from a range of consulting and outsourcing services. With the advent of the
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2011 World’s Most Ethical Companies The Ethisphere Institute‚ a leading international think-tank dedicated to the creation‚ advancement and sharing of best practices in business ethics‚ corporate social responsibility‚ anti-corruption and sustainability‚ announced the official unveiling of the 2011 World’s Most Ethical Companies. This year’s honorees have gone above and beyond to prove business ethics are paramount to the success of a company’s brand and bottom line. In its fifth year‚ the World’s
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Research Summary and Ethical Consideration Introduction Critically ill patients often require lifesaving interventions‚ such as mechanical ventilation (MV) to replace or assist in spontaneous breathing. To achieve this intervention‚ a machine called a ventilator is used. Hospitalization that is complicated by intensive care stays and mechanical ventilation is both difficult and stressful for patients and their families. Patients not only have to the endure pain and discomfort associated with
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Ethical Dilemma International OB: Managing across Cultures. 3M tries to make a difference Russia Should 3M export its American ethical standards to Russia? 1. If 3M doesn’t like the way things are done in Russia‚ it shouldn’t do business there. Explain your rationale. I do not agree with this statement. From my marketing perspective‚ it is a challenge of 3M in order to go worldwide‚ and this is a challenge they should take. Russia is booming in oil and gas‚ mining‚ construction‚ IT‚ retail
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