Refer to Case 20-3. State Issues‚ decision‚ and reason/support for this case. Follow format in syllabus. 2pts ISSUE: Under what principle might Smart Inventions be liable for Nokees fraud? Is Smart Inventions liable in his case? DECISION: Under the respondeat superior doctrine‚ corporations are liable for crimes committed by its agents that are employed with the corporation. Smart Inventions is only liable under the circumstances that Nokee discussed the agreement under the scope of his employment
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Describe the five pillars of Islam. The five pillars of Islam are the structure of the Islamic faith representing faith‚ prayer‚ giving‚ fasting and the pilgrimage. The first pillar is for the testimony of faith with conviction. The second is for prayer they perform five prayers a day. Third is for giving (support of the needy)‚ forth is for fasting they must abstain from any food‚ drink‚ and any sexual relations. Last is for the pilgrimage to Makkah where all that are able to attend go and stand
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Lesson 3 Commercial viability Adapted from http://businesscasestudies.co.uk Creating value through the marketing mix An Aldi case study Introduction In increasingly competitive markets‚ consumers have a greater choice over where they buy their goods and services. For an organization to meet its business objectives‚ it has to find out what consumers require and then identify the best way in which it can satisfy these needs and wants. Creating a competitive advantage can be difficult. A unique marketing
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Such- are the amicable results of sharing the English language. English unites us as Americans-immigrants and native-born alike. Communicating with each other in a single‚ common tongue encourages trust‚ while reducing racial hostility and bigotry. 3 My appreciation of English has led me to devote my retirement years to championing it. Several years ago‚ I helped to establish U.S. English‚ a Washington‚ D. C.-based group that seeks an amendment to the U. S‚ Constitution declaring English our official
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The issue of revenue recognition practices is an area that has received a lot of attention from regulators. Whenever there is a report of financial restatements or negative earnings‚ regulators pay extra attention to review the financial statements in order to verify that that there are not any indications of financial fraud or that the organization overstepped their boundaries in the area of managed earnings. The reason that regulators have taken a special interest in financial accounting and potential
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Case Study 5-1 Hardee Transportation Student Name TLMT311‚ American Military University Professor August 16‚ 2012 Hardee Transportation Case Study Issues: Hardee Freight Transportation pickup and delivery (PUD) customers have implemented new hours for their drivers‚ limiting each driver to a 14 hour duty day. The biggest issue is that Hardee’s fright lanes has its hands full with requests from the largest customer‚ and customer pickup and delivery (PUD) operations are
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authorities related to the subject under study. Literature review discusses or treats some ideas already in books‚ journals or websites that throw lights on the topic under research. An attempt is also made to examine carefully some time tested procedures and the challenges the Revenue Authorities faces when mobilizing revenue. Various scholars and administrative practitioners have put out a lot of theories‚ concerns and views on GRA’s ability to mobilize revenue and how these monies mobilized are spent
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Statement Four Revenue recognition issues top the list of reasons for financial reporting restatements and one of the methods for creative accounting practices. Table of Contents Table of Contents 1 Introduction 3 Literature Review 4 Revenue recognition 4 Sale of goods 4 Rendering of services 5 Interest‚ royalties‚ and dividends 5 Creative Accounting 5 To meet internal targets 6 Meet external expectations. 6 Provide income smoothing. 6 Taxation 6 Change in management
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Case Study 3 - Cash Budget SCHEDULE OF EXPECTED CASH COLLECTIONS FROM CUSTOMERS: Credit Sales August September July ($30‚000 x 40%) 12‚000 August ($24‚000 x 60%)‚ September ($24‚000 x 40%) 14‚400 9‚600 September ($18‚000 x 60%) 10‚800 Total Cash Collections 26‚400 20‚400 SCHEDULE FOR EXPECTED PAYMENTS FOR PURCHASE OF INVENTORY Inventory purchases August September July ($65‚000 x 50%) 32‚500 August ($45‚000 x 50%)
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this. One other problem the team faced was the lack of communication between the groups. Meetings were unorganized and not much was accomplished. U.S. members that were supposed to be present were not‚ and there was lack of guidance in the teams. #5 Miscommunication was a factor that contributed to the initial lack of communication to the team. The U.S. was determined to initial PFM where as the French based team was determined to initial the NE plan of action. Both teams were being stubborn
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