INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA KULIYYAH OF ECONOMIC AND MANAGEMENT SCIENCE INTEGRATED CASE STUDY ACC 4291 SEMESTER 1 2012/2013 CASE SUMMARY CASE 2: FLAT CARGO BERHAD: AN AUDITORS CONUNDRUM Flat Cargo Berhad (FCB); a high reputable company‚ was one of the largest air freight companies in Malaysia. It was a listed company and registered as investment holding company. The main activity of
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Accounts Receivable: an amount due from another party two of the most common are: Accounts Receivable &Notes Receivable others are: interest receivable‚ rent receivable‚ tax refund receivable‚ and receivables from employees Accounts Receivable- are amounts due from customers for credit sales when a company does extend credit directly to customers it: 1. Maintains a separate account receivable for each customer 2. accounts for bad debts from credit sales Recognizing Accounts Receivable:
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Throughout chapter ten and eleven‚ one learns about the differences in manuscript writing. Likewise‚ one also becomes illuminated to the fact that various cultures capture art‚ history‚ and religion quite differently. More to the point‚ certain values hold a higher regard than others when comparing the different cultures. In chapter ten “The Islamic World‚” one learns about the style‚ medium and reason for which the Koran was created. The Koran was a sacred book created which captured the word of
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Schuchardt Mr. Derico September 13‚ 2012 College English 2 The Outcasts of Poker Flat and the Metaphor of Texas Hold ‘em The story of “The Outcasts of Poker Flat” by Bret Harte is a beautifully written narrative about a character named Mr. John Oakhurst. During the story‚ Oakhurst is placed through a variety of situations that eventually lead to his subtle death. The story of “The Outcasts of Poker Flat” follows as a parallel to the game of Texas Hold ‘em in a very unique way. In the game
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Giselle Scott HU 104 World Civilization Chapter one ‘The Story of all of us MANKIND’ Agriculture Agriculture was discovered by a coincidence of a discarded trash which carried seeds that later was discovered of a type plant which protruded from the ground the trash was thrown. The chapter mentions that it was probably a woman that threw away the trash and later discovered the miracle of the plant that grew from the seed days later. It was from this discovery that later fuel the thought of
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Chapters 8 and 9 Applied Problems Calvin Poarch BUS 640 – Managerial Economics Instructor Steve McQueen October 17‚ 2011 Chapters 8 and 9 Applied Problems Chapter 8 2. At a management luncheon‚ two managers were overheard arguing about the following statement: “A manager should never hire another worker if the new person causes diminishing returns.” Is this statement correct? If so‚ why? If not‚ explain why not. Diminishing return is the stage of production that reflects as the number
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technology to make these nations become competitive economically. As we explore America’s place in the fast-evolving world economic platform‚ Friedman presents not only the problems we face‚ but also the preventative and the possible solutions. As he moves towards the end of this presentation of his theory‚ Friedman warns of the forces that could seriously harm or slow the flattening of the world‚ particularly the threat posed by terrorist networks such as Al-Qaeda. His perspective is refreshing in a media
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Everything started out bad as Nicky had doubt in his grandma and sorrow for the future of his summer with her. What he didn’t know was that in the future he would be just like his grandma‚ and learn how to be a river rat. Everyday experiencing what his grandma went through‚ learning new things‚ taking chances‚ and going on adventures. Nicky explored all the times hotly after he started to draw his surroundings‚ and finally followed his grandmas footsteps. By the end of the summer they were two river
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CHAPTER 9 9.1) The interest rate on South Korean government securities with one-year maturity is 4% and the expected inflation rate for the coming year is 2%. The US interest rate on government securities with one-year maturity is 7% and the expected rate of inflation is 5%. The current spot exchange rate for Korea won is $1 = W1‚200. Forecast the spot exchange rate one year from today. Explain the logic of your answer. Drawing on what we know about the Fisher effect‚ the real interest rate
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In Chapter 8‚ the author talks about as globalization came along‚ major cities and capitals became “world cities” ‚ meaning that they linked more internationally than locally. For instance‚ the author mentions that Miami interacts more with Sao Paulo than the cities that are closer by like Orlando. But not all major cities are “world cities”‚ but that does not mean they do not have an influence on the power of place. Big cities attract markets‚ talented people‚ learning centers‚ and etc. Although
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