Implementation‚ Strategic Controls‚ and Contingency Plan Tonya Starks STR/581 December 8‚ 2014 Instructor: Braford James Abstract Apple Inc. is a global innovator of the MacBook‚ tablets‚ iPhones‚ iPods‚ and other innovative products. Apple is the leader in the electronic market sector for innovative product growth and development. The implementation plan will explain the strategic controls and contingency plan for the organization along with an implementation process. This will allow
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HONG KONG BAPTIST UNIVERSITY CONTINGENCY PLAN Team Member 陈韵筱 12427470 黄汝兮 12404594 罗诗韵 12414670 罗雨婷 12405426 邵滟婷 12414654 Content 1. Introduction……………………………………………………………….…3 2. Objectives of the plan………………………………………………………..3 3. Stakeholders of Hong Kong Baptist University……………………………..4 4. List of potential risks………………………………………………………...4 5. Fabricating academic credentials of teaching staffs………… ………………..5 5.1 Situation identification…………………………………………
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Case 13-8: Accounting for a Loss Contingency for a Verdict Overturned on Appeal 1. According to the case‚ it shows that management of M determined that a loss would be “probable” and the estimate range would be $15 million to $20 million. However‚ they determined $17 million would be the “most likely” amount of loss. According to ASC 450-20-25-1‚ “When a loss contingency exists‚ the likelihood that the future event or events will confirm the loss or impairment of an asset or the incurrence of
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CONTINGENCY THEORY CONTINGENCY THEORY IS A CLASS OF BEHAVIORAL THEORY THAT CLAIMS THAT THERE IS NO BEST WAY TO ORGANIZE A CORPORATION‚ TO LEAD A COMPANY OR TO MAKE DECISIONS. “THE BEST WAY TO ORGANIZE DEPENDS ON THE NATURE OF THE ENVIRONMENT TO WHICH THE ORGANIZATION RELATES.” William Richard Scott CONTINGENCY THEORY TELLS US THAT AN ORGANIZATION IS MOST EFFECTIVE WHEN IT ADAPTS AND FITS ITSELF TO THE ENVIRONMENTAL CONDITIONS. CONTINGENCY THEORY IN A NUTSHELL Organizations are
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CONTINGENCY contingency plan is a plan devised for an outcome other than in the usual (expected) plan.[1] It is often used for risk management when an exceptional risk that‚ though unlikely‚ would have catastrophic consequences. Contingency plans are often devised by governments orbusinesses. For example‚ suppose many employees of a company are traveling together on an aircraft which crashes‚ killing all aboard. The company could be severely strained or even ruined by such a loss. Accordingly‚
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fact‚ it is the direct outcome of Realization Concept (already discussed) and the Accounting Period concept. In a way‚ realization concept has been split up into two parts‚ namely‚ production of economic goods or rendering of economic services‚ and realization of due revenue. Any uncertainty about any of the two elements beyond what is considered uncontrollable will not permit the accountant to treat the money value or cash equivalent of the sale price to be considered as realized
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Week Three CheckPoint: Accrual and Cash Accounting XACC/290 August 11‚ 2013 Week Three CheckPoint: Accrual and Cash Accounting Accrual and cash-based accounting offer two different styles of tracking the flow of money in a business. Each serves a purpose and to understand this idea one must first realize the how one varies from the other. Accrual-based accounting can be described as any transaction that changes a company’s financial statement is recorded in the accounting period the transaction
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The Contingency Approach: Y. Y^ -a . . ’ ^ 1 i^-^ .g ^ ‚ The Contingency Its l^oundations and Relevance A poc p r ah to Theory Building and Research in Marketing by Valarie A. Zeithaml Duke University‚ Durham‚ North Carolina‚ P. "Rajan" Varadarajan Texas A&M University‚ and Carl P. Zeithaml University of North Carolina‚ Chapel Hill Introduction During the 1960s‚ management theory and research began to adopt a new orientation‚ one that embodied a remarkably simple concept
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Ch.2- Accrual Accounting and Income Determination Under accrual basis -Revenues are earned when the seller completes performance required by an agreement. QA- Flying Carpet Tourism company purchased some cares for 24‚ making a down payment of 14 and signed a note payable for the remaining. How do you record this on cash basis once and on accrual basis another. Answer: Accrual basis: Expenses 24 Cash basis: Expenses 14 QB- Company A made sales revenue of 150 thousands
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Contingency theorists argue that an organization that adapts to its environment will perform better than an organization that does not (Donaldson‚ 1996) and that mismatched characteristics within organizational configurations will prevent an organization from achieving natural harmony with its environment that will lead to better performance (Mitzberg‚ 1981). In contrast to the classical scholars‚ most theorists today believe that there is no one best way to organize. What is important is that there
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