history cannot be change. But if we could go back in time. Would United States choose the same decision? Many things have gone wrong in this war. And this so call "war"‚ is the fight of Vietnam war. One of the many things that went wrong‚ was the massacre of My Lai and My Khe. The massacre set an outrage across the world. Just how in the world‚ did this came to be. Just what
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Lucent Technologies Caser University of Phoenix Axia College Acc 230 October 3‚ 2010 Lucent Technologies After reviewing the Case Review of Lucent Technologies‚ it was apparent the Lucent Technologies assets suffered a large decline between the years of 2003 and 2004. In 2003 the current assets consisted of 49.4% of their total assets while in 2004 the current asset percentage decreased to 48.5%. After a more close and thorough evaluation‚ it is apparent that the inventory did increase
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References: Bentson‚ G.‚ and A. Hartgraves. "Enron: What Happened and What We Can Learn From It‚" Journal of Accounting and Public Policy (Summer 2002): 105-127. Berenson‚ A Charan‚ R.‚ and J. Useem. "Why Companies Fail" (2002) . Committee of Sponsoring Organizations of the Treadway Commission (COSO) --. Fraudulent
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The Lucent Accounting Scandal Abstract The case discusses the accounting frauds committed at the US-based telecommunications giant‚ Lucent Technologies Inc. (Lucent) during early 2000. It provides an insight into the ways by which the financial statements were manipulated at Lucent. It examines the loopholes in the financial management of the company and the price it had to pay for circumventing the provisions of law. The case examines the allegations against Lucent and its officers with reference
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“Lucent technologies is a company that designs and delivers the systems‚ software and services that drives the next generation communications networks. They are backed by Bell Labs research and development” (Fraser & Ormiston‚ p 79‚ para 2). “They use their strengths in mobility‚ optical‚ access‚ data and voice networking technologies‚ as well as services‚ to create new revenue generating opportunities. This makes it possible to help them better manage their networks. Their customers include
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documentary called “lucent” “that’s” (L.U.C.E.N.T) it is an Australian made film‚ written and directed by Chris Delforce. It follows the story of an Australian pig farming industry and how they operate‚(slight pause) and the process that’s required in order to make‚ what everyone knows as “bacon”; Chris Delforce has created this film “lucent” in order for him to catcher “as he claims “the highlights of the day to day cruelty that has been accepted by the industry as a standard practice. “Lucent” is a Latin
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Lucent Technologies Case Yulissa T. Ortiz Salgado March 30‚ 2013 Financial Reporting: Peeking Under the Financial Hood Mrs. Darcie Sargent The Lucent Technologies is a company that helps creating new revenue generating opportunities for customers through the communication service. We all know how useful and important communication services have become throughout the years. Lucent Technologies is compounded of three organizations around the products and they are: Integrated Network Solutions
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A tale from Nigeria Two men called “Good- is-never-lost” and “Evil-is-never lost” went to make a farm. They chose a good place and began to cut the tree. But did not clear the bush. When this was done they waited at home till the dry season should come. This would allow them to burn the bush before they dug the ground. It happened that spider‚ ignorant of the danger‚ began to spin his web there‚ and he married and had a large family. Antelope also came and said that it was good place
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2. What financial statement adjustments will Lucent have to make to correct the revenue recognition problems announced in late 2000? Lucent recognized revenue when persuasive evidence of an agreement exists‚ delivery has occurred‚ the fee is fixed and determinable‚ and collection of the resulting receivable‚ including receivables of customers to which Lucent has provided customers financing‚ is probable. For sales generated from long-term contacts‚ primarily those related to customized network
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“What is right and wrong?” and “What is Truth?” What is right and wrong? Life is characterized by many situations that require decision making‚ especially on moral grounds. The issue of what makes an action right and wrong has been studied for a lengthy period of time and several theories developed to address this issue. Socrates and Aristotle are some of the early philosophers who came up with theories about the rightness or wrongness of actions. As noted by Warnek (2005)‚ Socrates considered
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