1. In auditing accounts payable‚ which of the five management assertions identified by SAS No. 31‚ “Evidential Matter‚” is of primary concern to an auditor? Why? For accounts payable‚ the auditor is usually most concerned about understatements. An understatement of accounts payable is usually considered more important than overstatements because of potential legal liability. The completeness objective is therefore normally more important in the audit of accounts payable. The auditor is also concerned
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Market Analysis for case of Giant Consumer Products DATE: Nov‚3 ‚ 2014 TO: Professor. Tim Gilbride FROM: Xiaorong (Sharon) Yi‚ Tongbo (Tony) Cheng SUBJECT: The Sales Promotion Resource Allocation Decision _____________________________________________________ Purpose Statement This report determines that in order to generate short-term sales lifts‚ Frozen Foods Division (FFD) of Giant Consumer Product (GCP) should put Nature Meals on promotion. The recommendation is based on the analysis of existing
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When the topic of movie adaptations based on written literature is concerned‚ there are many different opinions on if they are “real” or “accurate.”A classic example is James and the Giant Peach originally written by Roald Dahl in 1961 and adapted to film in 1996 by Disney. Originally this movie was never going to be made as Roald turned down many different offers for this to adapted to screen during his life. It was not until he died that his wife‚ Liccy Dahl‚ agreed to have it made. There are quite
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| Giant Consumer Products (GCP) | | | | A. Situation Analysis: 1. Context: In early September’08 Giant consumer Products‚ Inc. (GCP) realized that Frozen food division‚ which had been growing at 2.8% (compounded annual growth) rate since 2003 to 2007 and accounted for almost 33% of GCP’s overall business volume‚ is not doing well now. The sales as well revenue volume is around 3.9% behind the target. Most specifically marketing margin (key parameter for GCP business) was also
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1.Ethical failures which led to housing crisis: Conflicts of interest‚ shifts in corporate culture‚ heightened competitive pressures‚ and lack of regulatory oversight created a perfect storm that enveloped the entire economy. The mortgage crisis was a result of too much borrowing and flawed financial modeling‚ largely based on the assumption that home prices only go up. Greed and fraud and easy money also played important parts before the mortgage crisis. Our history gives us some very good
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The pomelo fruit is chock full of vitamin C‚ an antioxidant vitamin that helps build healthy collagen and keep cells healthy. Pomela fruit benefitial because it is rich in Vitamin C which is 115.9 milligram per 190 grams of a pomelo fruit. So bleeding and loose gums might be a symbol of Vitamin C deficiency. Enzyme in Vitamin C helps in the development of Collagen‚ a protein that fortifies skin making it skin flexible and initiating wound recovery. Collagen development is not just essential for skin
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Case Analysis of Giant Foods. Introduction: This case involves convergent technologies‚ a blending of traditional and cutting-edge business models and an alliance between an established pharmaceutical provider and a fledgling‚ Information Technology based‚ Drug marketing firm. Together‚ these two companies endeavored to create a patient education and prescription drug compliance program by deploying the deep well of customer data acquired by Giant Foods and the proprietary software of Elensys
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As a students of U.S. history I have recently watch Tora Tora Tora‚ a movie about war world II and the bombing of Pearl Harbor that the Japanese exceeded on waking up the “sleeping Giants”. The title of this film is made up of the code-words that were used by the Japanese to indicate that complete surprise‚ meaning “charge” or “attack”. I learned from this film that although a week before the American forces were warned and talked about an attack‚ when the time came on December 7th‚ the forces
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EROSION FORWARD BUYING PASS-THROUGH STOCKPILING ENGEL’S LAW GENERAL REASONS TO CONDUCT A SALES PROMOTION PROMOTION FOR WHICH ITEM FINANCIAL ANALYSIS THANK YOU NOTE 2 EXECUTIVE SUMMARY: Frozen food division (FFD) is the key contributor to Giant Consumer Product ’s (GCP) profits which have successfully grown over the past 30 years. The company has two main products lines‚ Italian frozen dinner “ DinardoTM”‚ and organic frozen foods “Natural mealsTM ”. However‚ recently FFD has encountered
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The Giant Pandas‚ or simply known as the Panda Bears‚ are known for their distinctive appearance. Their white coat of fur with specific black markings is very unique and the same on every bear. The Panda is native to South Central China and typically live in mountain ranges (6). They are also a protected species because they are endangered. There are only about one thousand and six hundred Giant Pandas left in the entire world. Some of the processes of life are the protective body covering and the
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