Case 10-27 /Rigging Standards 1) How did Preston Lansing Probably ‘rig’ the standard costs-are the standards set too high or too low? Explain The standards are set too high. When the products are run at a lower cost than the standard‚ then this produces a favorable variance. The cost of goods sold and variance should net to the correct cost though and this is the reason the system creates the variance. Lansing set a loose standard which the standard quantities and standard price are high‚ flowing
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Leaders are born‚ not made”. Do you agree or disagree with this statement? Can all managers go on to be a leader? Explain. For several years‚ the concern whether leaders are born or made is an issue of great controversy. From different opinions however‚ it could be a little bit of both hence proving that any manager can go on to be a great leader as well. Among other definitions‚ Maxwell (1993‚ p.11) has defined leadership as an ability to influence others. He also defined a leader as a person
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Are Corporate Decisions Moral? By David G. Hennessey 201130013 December‚ 2012 Morality. In today’s world we hear this term a great deal. In religion‚ politics‚ wars‚ etc‚ morality is spoken from the media‚ shouted from the roof tops and criticized by men and women alike. Many state that it is an old fashion concept‚ out of date and out of step with modern society and we need not follow it. Yet‚ few people hold to these lines when they hear of some scandal‚ some business dealing‚
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1. If a CPA recklessly departs from the standards of due care when conducting an audit‚ she or he will be liable to unknown third parties based on a. strict liability c. negligence b. gross negligence d. breach of contract 2. Under the common law‚ which of the following statements most accurately reflects the liability of a CPA who fraudulently gives an opinion on an audit of a client’s financial statements? c. The CPA is liable only to third parties in privity of contract
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it was made. Should this dilemma arise‚ whether or not the promise is kept must depend upon the particular circumstances of the case. Choosing not to keep a promise in such a situation would be not a demonstration of the promiser’s inability to keep his word‚ but a clear indication of his quite proper awareness that‚ in deciding what course to take‚ the promiser has quite properly concluded that the interest of others must be placed before his own. This situation is philosophically interesting
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Everyone has had a leader that they thought was ineffective‚ but do they know what makes a leader effective? There are many qualities that go into making a good leader‚ and not all leaders will have every trait. There is no one right way to lead. There are many effective styles of leading‚ but there is a wrong way to lead. By using an example of a bad leader‚ the traits of an good leader will emerge. Leadership is much more than individuals and their decisions and acts. Leadership as a quality
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Team leader Definition Team member who may not have any authority over other members but is appointed on permanent or rotating basis to (1) represent the team to the next higher reporting level‚ (2) make decisions in the absence of a consensus‚ (3) resolve conflict between team members‚ and (4) coordinate team efforts. TEAM LEADER RESPONSIBILITIES | NPD Body of Knowledge | Building Effective Product Teams | Team Building Workshop | Team Launch Workshop | Team Leader Workshop
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Moral education can be given better by parents at home‚ than by schoolmasters and professors in schools and colleges. Parents have numberless opportunities of guiding their children by pre¬cept and example‚ opportunities denied to the teacher. Who generally meets his pupils in large classes‚ and seldom has the means of becoming intimately acquainted with their several char¬acters and the faults‚ other than intellectual faults‚ to which each of them is particularly prone. The first point of importance
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Standard Deviation objective • Describe standard deviation and it’s importance in biostatistics. Measure of Dispersion • Indicates how widely the scores are dispersed around the central point (or mean.) -Standard deviation Standard Deviation. • The most commonly used method of dispersion in oral hygiene. • The larger the standard deviation‚ the wider the distribution curve. Standard Deviation • SD‚ ‚ (sigma) • Indicates how subjects differ from the average of the group/ the more they
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Standards of Beauty: A Look at How Conformity Establishes Identity How do you define beauty? Is it something that is acquired? Or is it a privilege that is bestowed on certain individuals? The society within The Bluest Eye‚ by Toni Morrison‚ establishes a certain standard to which its members must conform to. This conformity is also present in Dick Hebdige’s Subculture: The Meaning of Style. His novel serves as a reflection of today’s society with the presence of mass media and their guidelines
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