9. Piper Alpha video review The Piper Alpha’s tragic chain of events occurred because of a number of safety procedures were not met or implemented. The almighty dollar was given preference over the safety of hundreds of lives. We found a number of unsafe situations that could have been avoided if the right Safety management system was in place. These are our findings. 1. The oil rig recently introduced a new gas pipeline in the weeks leading up to the disaster. The rig wasn’t designed to be a gas
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DEFINITION OF ’EXPORT A function of international trade whereby goods produced in one country are shipped to another country for future sale or trade. The sale of such goods adds to the producing nation’s gross output. If used for trade‚ exports are exchanged for other products or services. Exports are one of the oldest forms of economic transfer‚ and occur on a large scale between nations that have fewer restrictions on trade‚ such as tariffs or subsidies Example: Powertax fashion‚GK Enterprise
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Transaction‚ Operating‚ & Accounting (Translation) Exposures Foreign Exchange Exposure – measures the potential for a firm’s profitability‚ net cash flow‚ and market value to alter because of a change in exchange rates. Q: What are the three main foreign exchange exposures? A: 1) Transaction Exposure 2) Operating Exposure 3) Accounting Exposure Transaction Exposure – measures changes in the value of outstanding financial obligations incurred prior to a change in exchange rates.
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and Nonprofit Accounting March 2014 - CPA EXAM Quiz – Answers and Explanations [1] Net assets is an element of the financial statements of not-for-profit entities (NFPs). It A. Net assets equal the residual interest in the assets of an entity that remains after subtracting its liabilities. For a business enterprise‚ equity (the ownership interest) is the analogue of net assets. In an NFP‚ which has no ownership interest in the same sense as a business enterprise‚ the net assets element is divided
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Chapter 1: Introduction 1.1: Introduction to Company: Transaction Processing Systems (TPS) is a software‚ systems‚ and consulting firm specializing in e-banking and e-payment products‚ solutions‚ and services. TPS is e-banking and e-payments solution experts. IT solutions have become increasingly complex and expensive. Too often‚ businesses end up working to support their IT‚ instead of the other way around. TPS has thrived by observing a single mandate: “Take care of our client’s
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Marketing & Operations Strategy Business Report 1.0 INTRODUCTION This report proposes to discuss the current marketing and operations strategies utilised by the Dangote Group of Nigeria - in order to deliver sustainable customer value to consumers within Nigerian market. This sustainable customer value is delivered in an attempt to ensure the safety of market share‚ and increase the profitability and revenue of the existing organisation. This report will also investigate Dangote’s ability
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Maya Angelou; a talented novelist‚ poet and stage/screen writer recited her poem "On the Pulse of Morning" at President Bill Clinton’s inauguration in 1993. Ms. Angelou is also known as "America’s most visible black female autobiographer". She is known because of her harsh and honest writings. Another entertainer was Marian Anderson; an opera singer and the first African-American to sing at the New York Metropolitan Opera. She helped break the color barrier in the arts
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Enron’s Questionable Transactions 1. The special purpose entities (SPEs) got Enron into trouble. 2. It is debatable whether Enron’s directors knew how profits were being made through the SPEs. Speculation is that they did have knowledge‚ but did not question the questionable procedures. Evidence that indicates the directors knew how profits were being made includes the following: • Andrew Fastow’s role in establishing the SPEs and falsely creating 3% independent investors in
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Patrick Deichert ID: 20210811398 PSY 4331 Dr. Ackerman Over‚ H. (2009). Eighteen-Month-Old Infants Show Increased Helping Following Priming With Affiliation. Psychological Science‚ Vol. 20 Issue 10‚ p1189-1193 Eighteen-Month-Old Infants Show Increased Helping Following Priming With Affiliation This study explains attempts to explain how certain images can predict the way an infant positively or negatively interacts with the world‚ in terms of prosocial engagement. The purpose of this
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Her First Ball – summary Leila was on the way to her first ball. In the taxi she imagined that she sat with an unknown young man. The Sheridan girls thought it was strange that she had never been to a ball. Leila tried to stay calm‚ but she was very excited about this new experience. They arrived at the drill hall‚ where the ball was. There were lights and happy couples everywhere in the streets. Inside‚ the girls went into the Ladies’ room. It was crowded with girls getting ready for the
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