same standards to prepare their financial statements can be compared to each other more accurately. This is especially important when comparing companies located in different countries‚ as they might otherwise be using different rules and methodologies to prepare their statements. This increase in comparability has helped investors better determine where their investment dollars should go. Not Globally Accepted The United States has not yet adopted International Financial Reporting Standards and
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In contemporary society the Standard variety of English is the most commonly used as it is respected and associated with a higher prestige. Its usage is also advocated by prescriptivists who believe that it is the ‘correct’ and only variety that should be used. Standard English is usually seen in formal settings‚ where its usage is necessary for official and public purposes. However‚ contextual factors play a vital role in determining the most appropriate variety to be used‚ which is supported by
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For Profits: The Unethical Side of Micro-Lending The original principle of micro lending is to provide start-up or expansion business loans to people living in less advantaged or impoverished countries who are unable to apply for traditional loans due to lack of credit history and/or collateral. Micro-financing is a great tool to create venture capital for those who would have no other means to secure it. The primary goal of micro lending‚ as established by Muhammad Yunus‚ the godfather of microcredit
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The Enron and World Com Scandals Enron 1. The board directors failed their fiduciary obligation to protect their shareholders‚ employees‚ and business partners by allowing high risk accounting‚ inappropriate conflict of interest‚ expenses undisclosed off the books activity‚ excessive compensation‚ and lack of independence between the company‚ and board members. I feel the segment that got Enron into trouble was the Executive and finance committee (Brooks). 3. I do believe that they
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hair‚ have you ever thought about who has suffered so you can use these products? 100 million animals are put through unnecessary suffering‚ and they are dying because scientists are testing chemicals and products on them. So why is animal testing unethical‚ well‚ without animals‚ life wouldn’t be possible. We would all go extinct because animals help our ecosystem. Oxygen‚ clean water‚ and soils wouldn’t be possible without animals. Scientists often don’t even benefit from testing on animals. The test
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(Wolverton‚ 2007). However‚ what coupled with its splendid success are numerous criticisms from the general society. This paper firstly examines two of the most severely unethical issues in iPhone’s marketing activities‚ and then provides some possible suggestions to these problems. Finally a brief conclusion will be drawn. 2. iPhone’s Unethical Marketing Activities . Deceptive Advertising Practices On July 26‚ 2007‚ a class-action lawsuit was filed against Apple and iPhone carrier AT&T for deceptive advertising
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better numbers. Consequences of poor handling include “bruises‚ injuries‚ lower weight gains‚ reduced milk yield‚ or lowered pregnancy rates.” (P. ) This goes back to my previous statement‚ that eating meat can be situationally either ethical‚ or unethical. She also developed a scoring system‚ where farms are evaluated on a yes/no basis as to whether or not animals are “stunned correctly‚ are prodded with an electric rod‚ vocalize during handling‚ and slip and fall during handling.” (P. ) with vocalization
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ultimately led to the introduction of gold standard in the 1800’s. By 1853 Canada had readily implemented this standard‚ a standard that not only ensured less variability in its domestic price level but also acted as an international standard. Aside from certain short-term shocks‚ seemingly flawless long-term price stability continued for the next 60 years in Canada. I first‚ would like to investigate the economic events that lead to the end of this gold standard era. Following this demise‚ I will look
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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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Measuring the Standard of Living Economists want to be able to make statements that compare the standard of living between different countries or between different time periods. This is quite tricky. As we have just observed‚ people enjoy a very different mix of products and services at different points in time. In fact‚ a likely reason that DeLong seized on the example of flour is that flour is one of the few products that we buy today that we can picture being purchased 500 years ago. Economists
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