helpful comments. 1. See CPA Journal (December 1998)‚ pp. 14–19‚ quote on p. 14. See also Collingwood (2001) for a discussion of the evidence on earnings management. (Journal of Business‚ 2003‚ vol. 76‚ no. 1) ᭧ 2003 by The University of Chicago. All rights reserved. 0021-9398/2003/7601-0007$10.00 151 We explain why a firm may smooth reported earnings. Greater earnings volatility leads to a bigger informational advantage for informed investors over uninformed investors. If sufficiently many
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absolute value‚ everything with it is counted as a positive. ∣-a∣ = --a= a ∣a∣ =a In an equation‚ absolute values have two possibilities when talking about equations ∣a+b∣ =x = a+b=x = a+b= -x e.g. Solve ∣x-4∣=8 x-4=8 OR x-4= -8 x=12 x=-4 Sub both answer into the equation ∣12-4∣ =8 OR ∣-4-4∣ =8 8=8 8=8 Both solution re true so x=12 or x=-4 Absolute inequalities (method 1) If ∣a+b∣ ≤x∣a+b∣ <x= -x≤a+b ≤x-x<a+b<x
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Partial degradation of glucose Uses no O2 Yields some ATP Cellular respiration Complete degradation to CO2 and H2O Requires O2 = aerobic Yields much more ATP 2. Describe the summary equation for cellular respiration. Also note the specific chemical equation for the degradation of glucose. Organic compounds + O2 è CO2 + H2O + energy C6H12O6 + 6O2 è 6CO2 + 6H2O + energy (ΔG = -686 kcal/mol) Redox reactions: Oxidation and Reduction
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Introduction to Structural Equation Modeling (Path Analysis) SGIM Precourse PA08 May 2005 Jeffrey L. Jackson‚ MD MPH Kent Dezee‚ MD MPH Kevin Douglas‚ MD William Shimeall‚ MD MPH Traditional multivariate modeling (linear regression‚ ANOVA‚ Poisson regression‚ logistic regression‚ proportional hazard modeling) is useful for examining direct relationships between independent and dependent variables. All share a common format: Dependent Variable = Independent variable1 + Independent Variable2 + Independent
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Moral Guides Thomas More’s upright moral sense and how he tries to find loopholes to defend himself. More strongly opposes Henry’s divorce but he rather than speak out against the Oath of Supremacy. More respects God’s law above all else‚ but he also does not pretend to understand it. Therefore‚ he sees man’s law best guide to action‚ even if it sometimes contradicts God’s law. His approach to moral action is sensible but not like Cromwell or Rich‚ if More sometimes seems like a hypocrite‚ it is
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“The accounting profit figure is simply a measure of the true profit of an organisation.” Discuss. In order to assess whether the accounting profit is a measure of the true profit it must first be shown that there is such a thing as true profit. If we decide there is‚ we then need to know what it is exactly‚ in order to assess the extent to which the accounting profit reflects this true profit figure. Before studying this module I believed that the true profit was essentially the accounting
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Solving Exponential and Logarithmic Equations Exponential Equations (variable in exponent position) 1. Isolate the exponential portion ( base exp onent ): Move all non-exponential factors or terms to the other side of the equation. 2. Take ln or log of each side of the equation. • Make sure to use ln if the base is “e”. Then remember that ln e = 1 . • Make sure to use log if the base is 10. • If the base is neither “e” nor “10”‚ use either ln or log‚ your choice.. 3. Bring the power (exponent)
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Why It Couldn’t Be The short story Cold Equations by Tom Godwin takes place on a ship called EDS. The space cruiser is piloted by a man named Barton. He has an order of killing the stowaway who snuck onto the ship because the weight on the EDS is too much for the ship to handle. In the process of hunting down the stowaway‚ he realizes it was a young innocent girl named Marilyn. Once Barton understands what kind of person Marilyn is‚ he doesn’t kill her immediately because he knows her reasons were
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HISTORY OF ACCOUNTING LEARNING OUTCOMES Understand the history of accounting dating from prehistoric times to written record keeping. Identify the seven preconditions for the emergence of systematic book keeping. Know Luca Pacioll contributions in introducing double entry book keeping. Accounting is a tool‚ invented by humankind‚ to fulfill needs of society. Unlike the explorers of the past who discovered new lands‚ accounting cannot in any true sense be said to have been discovered
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Table of Contents Case 1 Introduction Jill’s business is expanding while the up going GST prevent her from gaining more profits. The idea of replacing the labor with the help of new equipment will bring about an unprofitable break-even point. However Jill still insist on borrowing from bank to invest in the equipment regardless of the CVP analysis result‚ which raised some ethical issues. Analysis Question 1 Defining the stakeholders There are 5 major stakeholders arising
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