The 6th Major Extinction An Extinction is when tens of thousands are in danger of dying out completely. A Mass Extinction is when multiple different kind of species die out completely. Human activities do the most damage to animal habitats. Human activities include Illegal hunting‚ pollution from factories‚ and moving in of an invasive species which could mess up the whole ecosystem. Another example of human activities was back in the early 1800s‚ there were about 2 billion Passenger Pigeons
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Analysis The process by which management evaluates the products and businesses making up the company. Analyzing the Current Business Portfolio Strategic business unit (SBU) is a unit of the company that has a separate mission and objectives that can be planned separately from other company businesses Company division Product line within a division Single product or brand 1. Identify key businesses (strategic business units‚ or SBUs) that make up the company 2. Assess the attractiveness
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1. Which of the following statements is true about hedge accounting under U.S. GAAP? a. If a derivative qualifies as a cash flow hedge‚ a company may choose to account for it as a fair value hedge. 2. When a currency is allowed to increase or decrease in value relative to other currencies‚ the currency is said to: a. Float 3. What has occurred when one company purchases the right to buy a foreign currency some time in the future at an exchange rate quoted today? a. the company has acquired
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References: BIBLIOGRAPHY l 1033 Cernusca‚ L. (2011). Ethics in Accounting: The consequences of the Enron scandal. Agricultural Management‚ 35-42. Johnson‚ C. E. (2012). Meeting the ethical challenges of leadership. Thousand Oaks: Sage Publications.
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history is the study of everyone and everything that has existed from the earliest point studied to present day. It includes all areas of the world and everything that has happened‚ often going into why things happen‚ and what happens afterwards. 2. What interests you about studying history? What does not? Studying history is interesting to me because you can see the difference from other areas and eras and compare them to present day. I also love to learn about wars‚ why they started and how
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STUDENT NO: …………………………... SEMINAR TUTOR …………………………... Introduction Accounting is concerned with providing both financial and non-financial information that will help decision makers to make good decisions. An understanding of accounting therefore requires an understanding of the decision making process and an awareness of the users of accounting information. The major purposes of accounting are to formulate overall strategies and long-run plans. Resource allocation decisions such
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risk that auditor has not uncovered a material misstatement in the financial statements Potential accounts at risk: Provision for compensation claims/litigation Inventory Accounts receivable Accounts payable Brand name PRACTICE EXAM 2‚ QUESTION 3‚ PART 1 (PP.240-241) Identify 5 business factors and explain their impact on risk of material misstatement Also identify account balance most affected. Business factor (i) Listed on stock exchange Explanation of impact Risk - increased compliance
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Chapter 1 Review Questions The financial statements most frequently provided include all of the following except the: statement of retained earnings An effective process of capital allocation is critical to a healthy economy‚ which: promotes productivity‚ encourages innovation‚ provides an efficient and liquid market for buying and selling securities Challenges facing financial accounting include all of the following except: financial measurements All of the following are objectives of
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Review questions 1. When someone on a good income says that they ‘can’t afford’ a plasma screen television‚ what do they really mean? [LO 4] 2. A friend of yours says‚ ‘Private tennis lessons are definitely better than group lessons.’ Explain what you think they mean by this statement. Then use the cost–benefit principle to explain why private lessons are not necessarily the best choice for everyone. [LO 4] 3. Which is more valuable: saving $100 on a $2000 plane ticket to Tokyo or saving
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or answers the question. 1) If the marginal benefit of pizza exceeds the marginal cost of pizza‚ then compared to the allocatively efficient quantity‚ we are producing too ________ pizza and too ________ of other goods. A) little; much B) little; little C) much; little 1) D) much; much Answer: A 2) ________ is the difference between the value of a good and the price paid for it summed over the quantity bought. A) Consumer surplus B) Shortage C) Surplus 2) D) Producer
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