the separate identity of the company. Salomon v A Salomon & Co Ltd [1897] AC 22 is a landmark UK company law case. The effect of the Lords’ unanimous ruling was to uphold firmly the rule of corporate personality‚ as set out in the Companies Act 1862‚ so that creditors of an insolvent company could not sue the company’s shareholders to pay up outstanding debts. Mr Salomon had a boot manufacturing business which he decided to incorporate into a private limited company. His sons wanted to become business
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Chapter 16 Working Capital Management Learning Objectives After reading this chapter‚ students should be able to: ◆ Define basic working capital terminology. ◆ Calculate the inventory conversion period‚ the receivables collection period‚ and the payables deferral period to determine the cash conversion cycle. ◆ Distinguish among relaxed‚ restricted‚ and moderate current asset investment policies‚ and explain the effect of each on risk and expected return. ◆ Identify
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nearly as important for noninstructional educators. Answer Selected Answer: False Correct Answer: False . Question 2 .2 out of 2 points Multiple intelligences can best be measured by the Stanford-Binet IQ test. Answer Selected Answer: False Correct Answer: False . Question 3 .0 out of 2 points Which would not be considered educational technology Answer Selected Answer: Photography. Correct Answer: Educational standards. . Question 4 .2 out
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are Answer Selected Answer: vivid recall for earlier events associated with extreme emotions Correct Answer: all of the above Question 3 2.5 out of 2.5 points B. F. Skinner is associated with positive reinforcement‚ shaping‚ and cumulative records. Answer Selected Answer: True Correct Answer: True Question 4 2.5 out of 2.5 points Organic amnesia is when memory fades with the passage of time. Answer Selected Answer: False Correct Answer: False
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requirements for a company that specializes in IT training. The Company has 30 instructors and can handle up to 100 trainees per training session. The Company offers five advanced technology courses‚ each of which is taught by a teaching team of two or more instructors. Each instructor is assigned to a maximum of two teaching teams or may be assigned to do research. Each trainee undertakes one advanced technology course per training session. (a) Identify the main entity types for the company. (b) Identify
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Sample answer 1） Malaysia is a multi-cultural country. Malays‚ chinese‚ Indians and many other ethnic groups have lived together in Malaysia for generations. All these cultures have influenced each other‚ creating a truly Malaysian culture. The largest ethnic groups in Malaysia are the Malays‚ chinese and Indians. Due to the exists of the different ethnic groups in Malaysia‚ a good communication between different races is very important in Malaysia. Therefore‚ the evolution of communication technology
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QUESTIONS AND ANSWERS 1. Evaluate the internal and external environment and analyze major obstacles to making this merger successful. To answer satisfactorily this question‚ students must prepare‚ at a minimum‚ the weaknesses (internal) and threats (external) parts of a SWOT analysis. Students‚ based on their educational and professional background‚ may create many obstacles‚ but the major strategic issues are outlined below: Internal Obstacles a) Culture--Started in 1983‚ America
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external auditor in the following ways: Because internal auditors spend all of their time with one company‚ their knowledge about the company’s operations and internal controls is much greater than the external auditor’s knowledge. Guidelines for performing internal audits are not as well defined as the guidelines for external auditors. Internal auditors are responsible to the management of the companies that they work for‚ while external auditors are responsible to financial statement users. Because
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1.13 Convergence – In the telecommunications industry‚ convergence refers to the integration of voice‚ internet‚ broadcasting‚ and other telephony servers into one mega-industry from their traditionally separate industries. Companies such as Telstra are an excellent example of this‚ as Telstra now offers an abundance of products such as‚ Fixed Phone‚ Mobile Phone‚ Dialup Internet‚ Broadband Internet‚ Wireless Internet‚ TV‚ Music‚ Tickets‚ and more. Incentives are given to “bundle” services with the
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FNSACC601A Prepare complex tax returns Test A – Marking Guide Important advice about this Marking guide This document provides detailed guidance for assessors or teachers only. It is to be used as a reference document for marking. It is not for use as a recording document. It is not appropriate under any circumstances to issue this document to students. About this guide This document contains advice for assessors and teachers‚ to allocate marks or results for all the learning activities
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