1. The audit risk model is composed of four risks. The planned detection risk is a factor of inherent risk‚ control risk‚ and acceptable audit risk. Planned detection risk is the risk the auditor fails to detect misstatements and will increase or decrease dependent on the level of risk in the other three factors. If the auditor determines it is expected that misstatements is highly likely than inherent risk increases and create a higher demand for evidence. As the same with control risk‚ the
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Business Ethics The Corporation ‘The Corporation’ had a specific aim to portray the problems of not just one corporation‚ but corporations as a whole‚ as is evident from the beginning of the film as a multitude of big business logos flashed across the screen. The film proceeded to highlight the issues surrounding: globalization and consumerism‚ environmental pollution and disregard for the planet‚ unethical marketing‚ and dishonest media. Personally‚ I feel that I’m quite open-minded when it comes
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Memorandum Date: February 26‚ 2010 Re: Introduction of new package for Skin-Tique’s Soft and Silky Shaving Gel The industry for women’s shaving creams and gels is small and new. The purchasing of women’s shaving products varies by season. The peak season is summer‚ while sales decline in the winter. Competition is strong‚ but Skin-Tique has a strong presence. The women’s wet shaving products industry‚ as a whole‚ is rapidly growing and increasing in technological advancement. The wet shaving
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1. The “crisis of confidence” on the public accounting profession was not something that happened overnight and it is not the fault of one group of people or individuals. The accounting profession is partly to blame for this crisis‚ as the necessary rules‚ regulations and guidelines were not in place to hold companies and accounting firms responsible for their actions. The lack of regulations also allowed companies to partake in misleading transactions. These transactions were perfectly legal
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Introduction In 2013‚ MasterCard International Incorporated and Visa Canada Corporation were sued by the Commissioner of Competition due to the “implementing or enforcing rules which prohibit merchants who accept Visa and MasterCard credit cards from declining to accept particular Visa or MasterCard credit cards‚ applying a surcharge for those customers paying with credit cards‚ or engaging in other forms of discrimination.” Ten lay witnesses believed that MasterCard International Incorporated and
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Disruptive and transformational technologies typically appeal to segments of the market that are undeserved‚ and not to the main stream of the market (Shane‚ 2009). These technologies have the ability to make traditional tools and processes obsolete virtually overnight. In this paper I use Netflix as an example of a disruptive technology and Toshiba– NEC’s HD-DVD as transformational technology. I begin with a discussion of disruptive technology. Afterwards‚ I will speak on the success of Netflix;
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Case study of Lyons Document Storage Corporation: Bond Accounting Introduction The Lyons Company is currently a company providing storage of documents for other corporate customers. Lyons had operated conservatively without any long-term debt until it issued bonds in 1999. The bounds issued were $10 million in 20-year bonds‚ offering a coupon rate of 8% with interest paid semiannually‚ and sold to yield the 9% market rate of interest at the time. In the following essay‚ we take it as Alternative
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Optical Properties of Quasicrystals: Negative Refraction Quasicrystals‚ or crystals that display the unusual property of non-periodicity (while remaining ordered)‚ were discovered in the 1980s by Dan Shechtman. A highly controversial topic‚ Shechtman did not produce a paper describing them for over two years after their discovery. However‚ within the past 30 years‚ the scientific community has come to accept them‚ reproduce them for study‚ and even award Dan Shechtman with a Nobel Prize for their
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There are four types of fats. Although there are bad fats and better fats‚ they are necessary to support cell growth and give your body energy. The bad fats are saturated fats and trans fats which are more solid at room temperature like a stick of butter and trans fats are liquid such as vegetable oil. Theses fats raise bad cholesterol levels and clog arteries putting you at risk for heart disease. Monounsaturated fats and polyunsaturated fats are the better fats that can lower bad cholesterol
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Case Report CERVUS EQUIPMENT CORPORATION: HARVESTING A NEW FUTURE Summary Cervus Equipment Corporation was founded at the time that no central organization which managed the farm equipment dealerships from original equipment manufacturer such as Jone Deer. As a wholesale trade company‚ Cervus had achieved big accomplishments during the past ten years by acquiring and operating agriculture‚ commercial and industrial equipment dealerships in Canada. Since the company has made a successful achievement
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