Chapter 3 Questions 1. How would you respond when someone makes a decision that adversely affects you while saying “it’s nothing personal it’s just business”? Is business impersonal? If it was in a company situation I would raise with the company management or human resources. If it was outside in society‚ I would address the management of the company‚ raise to consumer affairs or use social media to raise awareness. Business is personal. Businesses goals are not just to generate profits‚ and to
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Chapter 1 Managerial Accounting and Cost Concepts Solutions to Questions 1-1 The three major elements of product costs in a manufacturing company are direct materials‚ direct labor‚ and manufacturing overhead. 1-2 a. Direct materials are an integral part of a finished product and their costs can be conveniently traced to it. b. Indirect materials are generally small items of material such as glue and nails. They may be an integral part of a finished product but their costs can be
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A.P. U.S. History Chapter 3 Pages 68-83 Expansion and Native Americans 1. What caused a massive decrease in the numbers of New England Native Americans? Huge amounts of people fell to conflict and even more to disease. 2. What actions were taken by New Englanders to further the demise of Native tribes? The New Englanders regularly raided and massacre the native peoples around their towns 3. What were the causes of the Pequot War? The results? The cause of the Pequot war was a
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* Solutions for Chapter 2 * Corporate Governance Review Questions: 2-1. Corporate governance is defined as: “a process by which the owners and creditors of an organization exert control and require accountability for the resources entrusted to the organization. The owners (stockholders) elect a board of directors to provide oversight of the organization’s activities and accountability back to its stakeholders.” The key players in corporate governance are the stockholders
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Chapter Nine Finance: Acquiring and Using Funds to Maximize Value Review Questions 1. What is the key goal that guides the decisions of financial managers? What challenges do financial managers face when they try to find the best sources and uses of funds to meet this goal? The financial mangers goal is acquisition‚ financing‚ and management of assets. The challenges are investment‚ financing‚ and asset management decisions. 2. List the four basic types of financial ratios used to measure
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Chapter 12 Making a job offer 1. Recommend whether Jane should receive a best-shot‚ competitive‚ or low-ball offer‚ and why. I would recommend that the best-shot offer is given to Jane. This is the best chance we would have to securing Jane for the position. She already advised that she was up for a promotion at her current job and offering her less than the best may make her decide to stay and wait for the promotion. The 45 minutes mile move might change her children’s school district which
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Chapter 10 Q’s 1. What steps can the company’s IHRM department take to maximize the effectiveness of the expatriate’s assignment and the long-term benefit to the company? The steps that an IHRM department can take to maximize the effectiveness of the expatriate’s assignment and create a long term benefit to the company are to necessitate plans for retention of expatriates during and after their assignments. Support programs for expatriates should include information from and contact with the
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BUS-A 328 Fall 2013 – Chapter 5 classwork 27. Otto and Fiona are negotiating the terms of their divorce. Otto has agreed to transfer property to Fiona over the next two years‚ but he has reserved the right to make cash payments in lieu of property transfers. Will tax considerations play a role in Otto’s decision to transfer property or pay cash? How will Otto’s choice affect the combined gross income and income taxes paid by Otto and Fiona? Explain. Under the proper conditions (under a written
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Solution sto Chapter 2 Problems Accounting Judgements Questions 1. Accounting principles include: (a) Underlying assumptions – basic underlying assumptions that make accounting possible. (b) Qualitative criteria – standards to judge policy choices in conjunction with reporting objectives. (c) Measurement methods – ways to measure results and financial position. 2. The importance of establishing a document such as the IASB’s Framework is that this material helps standard setters when
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Topic 2 – Spot Exchange Markets Question 1 You need to buy CHF 1‚000‚000 to pay your Swiss watch supplier. Your bank quotes bid-ask rates of CHF/USD 1.3990 – 1.4000. What will be your dollar cost of the CHF 1‚000‚000? The bid-ask rates of USD/CHF are: 1 1 1.4000 1.3990 0.7143 0.7148 The dollar cost: 1 1.3990 USD 714‚ 796.28 CHF 1‚ 000‚ 000 Question 2 As a FX trader‚ you see the following quotes: USD/CAD 0.7047 MXN/CAD 6.4390 MXN/USD 8.7535 Is there an arbitrage opportunity‚ and if
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