Financial Accounting Theory and Analysis” Text and Cases Case 1-2 Accounting Ethics a. What‚ if any‚ ethical issue is involved in this case? Legally the financial vice president is not obligated to move to the new standard; however‚ I do see an ethical issue with this decision. The ethical decision lies in the fact that the vice president is knowingly presenting financial statements that do not reflect the true condition of the company. This is a great example of the line between ethics
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Case 19-3: Brisson Company Approach This problem takes the student through a complete cycle of transactions in a standard cost system in a simple setting. It shows how such a system works‚ including the development of variances‚ and ties cost accounting to the accounting cycle the student learned in Part 1 of the book. (Brisson’s system is the same as the one depicted in Illustration 19-2.) This seems to be a valuable exercise‚ especially in helping to minimize the omnipresent problems students
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WZT 1 Task 2 WGU Sally Perez WZT 1 Task 2 Procedure Until recently it was not uncommon for patients admitted to an acute care facility to have an indwelling catheter anchored for unnecessary reasons. Patients that came in thru the emergency department typically were sent to the units with unnecessary indwelling catheters in place and it was not unusual for a surgery patient
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travel customers are more inclined to choose a car rental business that offers the best incentives in the loyalty program. So if Olympic decide to scrap the loyalty program it would almost certainly be detrimental to the long term prospects of the company. Olympic’s Medalist Rewards Program appears to have been marketed well‚ playing on the founder who was an Olympic medallist. The concept captures the customer and is perceived to be a strong brand. Olympic also offers the cheapest rental option to
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Case Study 2: Disrupted Links in the Performance Management Process at “Omega. Inc.” Jennifer Kerr Bryant & Stratton College BUSS410-Performance Management Professor Jack Tontillo November 15‚ 2014 According to the textbook‚ performance management system is defined as "a continuous process of identifying‚ measuring‚ and developing the performance of individuals and teams and aligning performance with the strategic goals of the organization" (Aguinis‚ 2013‚ p. 2). Meaning‚ performance management
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Finance Theory I – Case 2 Tracy Hsiao‚ Baltic Ocean Evaluation of AQR Momentum Funds Date: Dec. 5th‚ 201r Past performance of momentum strategies – CAPM & Fama‐French MOM 4 factors model In Table 1‚ we could evaluate the past performance of momentum strategy‚ Short Decile 1 and Long Decile 10‚ a.k.a. L/S (10‐1). Capital Asset Pricing Model (CAPM) E(R) = α + Rf + β (RM - Rf) + By applying to CAPM‚ we got a β that is almost zero (-0.08) showing the strategy could effectively diversify and reduce
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PROJECT BASED PRODUCTION IN A SOFTWARE COMPANY The article presents a Greek company that develops pioneering software systems for multidisciplinary CAE processes and specially provides the appropriate technical support to the customers in order to use appropriately the specific programmes. The purpose of the current presentation of the company is the understanding of the idea of Project based production through the structure and the way of working in the company. Based on the deductive research‚
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Mary Rose Anne A. Deriquito TTH 8:30-10:00 BSA-2 Determine whether the fallacies committed by the following arguments are formal fallacies or informal fallacies. 1. If Rasputin was really mad‚ then he deceived Czar Nicholas II. Rasputin was not really mad. Therefore‚ he did not deceive Czar Nicholas II. Answer: Formal Fallacies Explanation: This is a hypothetical syllogism and is a deductive argument. If it will be interchange it will be valid. 2. Everything that runs has feet. The Columbia River
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1. Explain the inputs into 1) the net initial investment outlay at year 0‚ the initial investment $200‚000 which include taxes and delivery‚ and the cost to install the equipment $12‚500. The total net cost $212‚500. 2) The depreciation tax savings in each year of the projects economic life‚ this will show how much the tax savings will be depreciated each year using the MACRS method 3) the projects incremental cash flows? This shows the company profit for each of the eight years. Net Cost MACRS
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1. According to the case‚ if using ABC‚ Wilkerson should pool overheads into five activities: machine-related expenses‚ setup labor cost‚ receiving and production control cost‚ engineering cost‚ and packaging and shipping cost. The cost pool/cost driver information for an Activity Based Costing (ABC) system for Wilkerson has already provided by table 1. Based on the information on table 1 and four exhibit in case‚ we can figure out that the total cost per unit of valves‚ pumps and flow controllers
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