an audit for this company? Explain the reasons for your decision. Yes‚ audits exist because of regulatory mandate (required by government). There are three theories which propose reasons why demand for audits might exist without regulatory mandate: 1. Agency theory (The focus of the agency demand for auditing is more related to the stewardship role of accounting- which is more an examination of what has happened.) The separation of ownership and control of organizations has resulted in an information
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Imagine you are managing a design project that will create an interface for automobile mechanics. The interface would be used by the mechanics to look up various fixes and parts for any number of makes or models of automobiles that may come through their garage. Decide what usability measures would be most motivating when designing this interface and describe the unique challenges you would have to plan for when designing an interface for an automotive repair shop. Use supporting evidence to support
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Teeya Clarke MBA 621-Financial and Managerial Accounting July 11‚ 2015 Problem 2-3 Indicate the net effect on assets‚ liabilities and owners’ equity resulting from each of the following transactions: Assets=Liabilities+owners’ Equity 1. Capital stock was issued for $100‚000 cash This will increase assets by $100‚000 and increase equity by $100‚000 2. Bonds payable of $25‚000 were refunded with capital stock. The liabilities will be decreased by 25‚000 and increase equity by 25‚000 3. Depreciation
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From your ethical perspective‚ do you ignore the company’s past and research the current product‚ digging around for alternative ethical viewpoints‚ or do you accept the possibility of earning a simple profit? The best way to go into this is to do a detailed background check on the prospective company. The best way to avoid potential problems in investing is to use the ethical investing principle. Our text states‚ “Ethical investing commonly involves avoiding stocks related to armaments‚ tobacco
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course for the undergraduate business school curriculum. It is first and foremost a course about “strategy” and about “managing for success.” The course centers around the theme that a company achieves sustained success if and only if it s managers: (1) have an astute‚ timely strategic game plan for running the company‚ and (2) implement and execute then plan for proficiency. The course will stress how and why a well-conceived‚ well-executed strategy nearly always enhances a company’s long-term performance
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1. While there are many routes to competitive advantage‚ they all involve B. delivering superior value to buyers in ways rivals cannot readily match. 2. A low-cost leader can translate its low-cost advantage over rivals into superior profit performance by B. either using its low-cost edge to underprice competitors and attract price sensitive buyers in large enough numbers to increase total profits or refraining from price-cutting and using the low-cost advantage to earn a bigger profit margin
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TELECOM INDUSTRY India is the world’s second-largest telecommunications market‚ with 898 million subscribers as on March 2013. The sector ’s revenue grew by 13.4 per cent to reach US$ 64.1 billion in FY12. Telecom infrastructure in India is expected to increase at a compound annual growth rate (CAGR) of 20 per cent during 2008-15 to reach 571‚000 towers in 2015. Internet traffic in India is expected to reach to 2.5 Exabyte’s per month in 2017 from 393 pet bytes per month in 2012‚ as per a Cisco
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Introduction to Communication Worksheet COM/100 Version 3 1 University of Phoenix Material Introduction to communicationTamara Martin08/10/12 Introduction to Communication Worksheet Paragraph Questions Answer the following questions in your own words. Each response must be written as anacademic paragraph of at least 150 words. Be clear and concise‚ and provide explanations for your answers. Format your sources consistent with APA guidelines.1.According to Introducing Communication Theory (2010)
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Chapter 1 1. What is the most important difference between a corporation and all other organizational forms? A corporation is legally separate from its owners; it is an artificial being under the law. 2. What does the phrase limited liability mean in a corporate context? Limited liability refers to the amount of liability an owner has. The owner is only liable for the amount they invested in the corporation. 3. Which organizational forms give their owners limited liability? LLC
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The actions the firm can take to maintain a short-term financial policy that is flexible with current assets are keeping large balances of cash and marketable securities‚ large investments in inventory‚ and granting liberal credit terms to clients which would result in a high level of accounts receivable. If the firm where to be interested in maintaining a financial policy that is restrictive with it current assets‚ it might choose to; keep less cash on hand‚ not make any large investments in
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