Background The mini case scenario this week asks the students to examine three cases in which policy analysts are put into situations where they must make professional and ethical decisions based on their respective situations. In the Metroville Urban renewal scenario‚ policy analyst Henry is tasked to do an evaluation of the urban development project that has been in progress for ten years. The Metroville City Planning Department has sponsored the project and has also received funding from the
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CHAPTER 1 Introduction Practice Questions Problem 1.8. Suppose you own 5‚000 shares that are worth $25 each. How can put options be used to provide you with insurance against a decline in the value of your holding over the next four months? You should buy 50 put option contracts (each on 100 shares) with a strike price of $25 and an expiration date in four months. If at the end of four months the stock price proves to be less than $25‚ you can exercise the options and sell the shares
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Human Resource Management: Worst Case Scenario “Human resource management (HRM) is the process of employing people‚ training them‚ compensating them‚ developing policies relating to them‚ and developing strategies to retain them” (Dias‚ 2013‚ pg. 8). To sum it up‚ HRM is one of the most critical aspects of maintaining a successful business organization. By utilizing effective HRM practices an organization is able to plan‚ organize‚ lead‚ and strategically control its employees into being more
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applicants) Application – options Dr 10 000 Options Cr 10 000 (Issue of options) 31/12 Cash Dr 63 000 Share capital Cr 63 000 (Issue of shares on issue of options) Options Dr 10 000 Share Capital Cr 9 000 Options lapsed reserve Cr 1 000 (Transfer of lapsed options) Exercise 2.6 ISSUE OF ORDINARY AND PREFERENCE SHARES Prepare journal entries and ledger accounts to record the following transactions for Kuwait Ltd: KUWAIT LTD 2015 01/4 NO ENTRY 10/4 Cash trust Dr 210
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On 04/28/2016‚ I Officer Hassan (156) was working for the Wichita State University Police Department as a Community Patrol Officer for the tour of duty (1600-0000 hours) in the city of Wichita‚ Sedgwick County‚ KS. At approximately 2028 hours‚ I was dispatched to parking lot 9 West. I arrived at lot 9 West at approximately 2039 hours. I made contact with Wichita State University student‚ PAULINE. PAULINE reports on 04/27/2016‚ at approximately 1820 hours‚ she was in lot 21 West inside her 2001
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1. Consider a 1-Year $10‚000 CD A. The future value of a $10‚000 CD that has a maturity of 1 year at maturity with 10% interest is $11‚000. Financial Calculator Inputs: $ -10‚000=PV‚ 1=N‚ I=10‚ FV=? ($11‚000) B. The future value of a 1-year‚ $10‚000 CD after one year at an interest rate of 5.0% is $10‚500. Financial Calculator Inputs: $-10‚000=PV‚ 1=N‚ 5=I‚ FV=? ($10‚500) The future value of a 1-year‚ $10‚000 CD after one year at an interest rate of 15.0% is $11‚500. Financial
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1. Should auditors insist that their clients accept all proposed audit adjustments‚ even those that have an “immaterial” effect on the given financial statements? Defend your answer. The auditors should not insist that their clients accept all proposed audit adjustments. The auditor’s main duty is to provide reasonable assurance to verify the accuracy and compliance of client’s financial statements‚ to ensure that it conveys data and information of events occurred within the accounting period
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Case 1 Analysis of a Potential Audit Client Shea Galvin Review Comments Table of Contents Page 4: Discussion Questions Pages 5-6: Exercise Discussion Questions 1. An independent auditor would be needed so they can continue to be neutral. There is a possibility it could make the auditor not as self-governing if they are auditing Lakeside as well as the bank in which they are taking loans from. The auditing firm needs to stay free in mind
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1. Arthur Young was criticized for not encouraging Lincoln to invoke the substance-over-form principle when accounting for its large real estate transactions. Briefly describe the substance over form concept and exactly what it requires. What responsibility‚ if any‚ do auditors have when a client violates this principle? Substance-over-form is an accounting principle used to ensure that financial statements give a complete‚ relevant‚ and accurate picture of transactions and events. If an entity
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capitalist‚ would pay the whole $90‚000 and acquire the 1/3 of the company. Basically‚ they would spend four months to develop prototype of the viewer‚ and then operate website pilot in the next two months. They would launch and run business for another six months until when they decide to either expand or not and continue to run business for six more months. At the end of 18 months‚ Bernard would definitely sell his interests. According to the case‚ Bernard’s value of original opportunity was $68.465K
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