Answer Keys to iLearn of Week 5 1. Incorrect financial statements are due to errors and frauds. An accountant intentionally omitted recording $5‚500 that were received from a customer and planned to steal the money to buy a new cell phone for himself. This action is an example of error. a. True b. False 2. What key piece of legislation was passed in response to corporate accounting scandals by Enron‚ WorldCom‚ and others? a. Sarbanes-Oxley Act. b. 1933 Securities Act. c. 1934 Securities Exchange
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expressed tolerable mild wound pain‚ she should take more rest and keep taking medicine of analgesic if doctor has prescribed to her. For example‚ nonsteroidal anti-inflammatory drug(NSAID) is common use of pain killer which can help in pain relief[1][2]. But nurse should ask for Susan’s related allergy to medication‚ in order to prevent severe side effect induced. If Susan feels the pain cannot be tolerated with also inflammation sign‚ she should seek medical help immediately to check whether there
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FACULTI OF MECHANICAL ENGINEERING UNIVERSITI MALAYSIA PAHANG BMM3643 (SEM II_2012-13) Assignment #1 1. a) What metals are frequently cast into products? b) What materials are used to produce the expendable patterns for investment casting? c) Explain why a casting may have to be subjected to various heat treatments. (8 marks) Answer a) Cast parts can range in size from a fraction of an inch and a fraction of an ounce to over 30 feet and many tons. Moreover‚
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For lazy student like me (Mey pheap) Chapter 1: Discussion Questions 1. What forces have led to the boom in entrepreneurship in the United States? Answer - Corporate downsizing flooding the market with corporate cast-offs‚ an attitude that small is beautiful‚ international economic development due to the fall of communism and the capitalization of former state-owned industries‚ a dream of freedom and independence‚ perseverance in achieving results‚ and the opportunities presented by an ever-changing
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Wal-Mart 1. What is the ethical dilemma facing Wal-Mart in this case ? Do Wal-Mart’s associates also face an ethical dilemma? If so‚ what is it ? Wal-Mart is facing an ethical problem by implementing computerized scheduling system. Indeed‚ before the store managers had to arranged manually the schedule for the employees but Wal-mart begun to use Kronos system to create work schedule. Obviously‚ this implementation helps to increase the profit margin of the company. But what are the consequences
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Case Analysis #1: Will GM’s Strategic Plan Lead to Future Success? Ivy Tech Community College Business 105-00F In an ever changing world‚ where a business can appear one day and are gone the next‚ General Motors has adopted a strategy to avoid this catastrophe. Knowing if they wanted to stay in the game‚ they would have to make a few sacrifices and changes for the better future of the company. 1) Which of the four basic strategy types were used by GM? Explain your rational
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Tutorial 1 Answers 1. In your own words‚ summarise your understanding of the terms ‘supply chain’ and ‘supply chain management’. A supply chain is the set of value-adding activities that connects a firm’s suppliers to the firm’s customers. It consists of all parties involved‚ directly or indirectly‚ in fulfilling a customer request. The supply chain‚ which is also referred to as the logistics network‚ consists of the suppliers‚ manufacturer centers‚ transporters‚ warehouses‚ retailers‚ and customers
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1. What do you think is causing some of the problems in the bank’s home office and branches? I think what is causing some of the problems in the bank’s home office and branches are that the employees do not understand and know exactly how to work the machine. “Johnson replied that she really did not know what the machine was called or what it did. She explained that she had been working there for only 2 months. She did‚ however‚ know precisely how to operate the machine.” (Case#1 pg. 17). The employees
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Case 1: The Springfield Nor’easters: Maximizing Revenues in the Minor Leagues Q1. Review the case details Exhibit 5 “Survey Questionnaire and Response Distributions” and Exhibit 6 “Buckingham’s pricing matrix worksheet.” Complete filling in the pricing matrix worksheet for Exhibit 6 as taking the role of Larry Buckingham. The Table 1 illustrates Larry Buckingham’s price matrix. Table 1: Larry Buckingham’s price matrix Ticket
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1. See Appendix A 2. Liquidity ratio. The firm’s liquidity shows a downward trend through time. The current ratio is decreasing because the growth in current liabilities outpaces the growth of current assets. The quick ratio is also declining but not as fast as the current ratio. From 1991 to 1992‚ it only decreased 0.35 units while the current ratio decreased 0.93 units. Looking at the common size balance sheet‚ we also see that the percentage of inventory is growing from 33% to 48% indicating
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