Ethics Case 4-7 – Income Statement Presentation of Unusual Loss Requirement The Cranor Corporation suffered $10 million in expenses linked to a product recall. The company had endured product recalls in the past and they still occur in the business. To show revenue from continuing operations‚ Jim Dietz‚ the controller‚ wishes to describe the $10 million as an extraordinary loss‚ instead of an expense included in operating income. He states to the CEO that the company has never had a product
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Article: Information technology: a growth navigator for small scale industries in India Small scale industries (SSI) have a significant role in the Indian economy in view of its contribution to production‚ employment‚ and export. However‚ since 1991 small scale industries in India find themselves in an intensely competitive environment due to globalization‚ domestic economic liberalization‚ and dilution of sector specific protective measures. The formation of World Trade Organization in 1995 also
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speech signal and increase the sensitivity to the brain lesion. The listener’s performance will be significantly worse on a filtered Speech recognition task than on an unfiltered speech recognition task because the CANS would be incapable of compensating for the missing information with a breakdown of redundancy of the CANS (lesion). The filtered speech recognition task is able to separate patients with an abnormal CANS from normal functioning CANS. Filtered of speech at various frequencies adversely
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for slides: Problems in the Two Wheeler Industry - Negative Growth Negative growth is the major problem being faced by companies in the two wheeler industry. The two wheeler industry has been shrinking continuously3. From a peak of over 40% growth in 2002 it is currently facing a growth of -12% in the second quarter of 2008. Exhibit 2 shows the recent trends. Exhibit 2. De-growth in the industry Analysis of the different segments leads us to the conclusion that the main reason for negative
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the contribution of CEPS in respect of Revenue and Non-Revenue functions to National Development over the period 2008 – 2011. Customs‚ Excise and Preventive Service (CEPS) established under the CEPS (Management) Law 1993 PNDCL 330 has proved it worth in tax administration‚ collecting GH¢ 24‚800‚000‚ GH¢ 31‚5000‚000‚ GH¢ 37‚100‚000 and GH¢ 45‚900‚000 in 2008‚ 2009‚ 2010 and 2011 respectively in Kumasi‚ contributing 1% in total CEPS revenue in Ghana. Aside revenue collection‚ CEPS is mandated to prevent
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Table of Contents 1 Introduction .......................................................................... 1 1.1 Background ................................................................................... 1 1.2 Problem Discussion....................................................................... 2 1.3 Purpose......................................................................................... 3 1.4 Delimitation ....................................................................
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examine carefully some time tested procedures and the challenges the Revenue Authorities faces when mobilizing revenue. Various scholars and administrative practitioners have put out a lot of theories‚ concerns and views on GRA’s ability to mobilize revenue and how these monies mobilized are spent. Among the reasons assigned by such concerns and opinions is‚ the challenges of the GRA administration is to be blamed on inadequate revenue mobilization‚ due to lack of mission or comprehensive functional
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Wausau Equipment Company Case study Wausau Equipment Company has improved their operating profit a lot by introducing lean strategy. The management’s next step should be in making further Lean improvements. As we know‚ “SIMPA” is widely used in Lean process. “SIMPA” stands for Specify Value‚ Identify Value Stream‚ Make it Flow‚ Pull and Always Improving. These phases draw a big and long-term picture to lead a team logically from detecting the problems to solving the problems and make sure that
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The Accounting Cycle Five Cycles of Accounting The accounting cycle consists of five components: revenue‚ expenditures‚ financing‚ conversion‚ and fixed assets (Bagranoff‚ Simkin‚ & Strand‚ 2008). There are many business activities within a company that will take place in each of these cycles. The revenue cycle incorporates sales and cash receipts. Expenditures are the decrease in cash assets to acquire goods or services necessary to operate. The conversion cycle is a continual process that
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Fingerprint Recognition By ANJALI VATS A thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Technology (ECE) HMRITM Guru Gobind Singh Indraprastha University Date: 25 JUNE 2014 Declaration I Hereby declare that all the design and implementation of the Project is my independent effort except otherwise specified. I also certify that this project have never been submitted for academic
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