ISSUES IN ACCOUNTING EDUCATION Vol. 18‚ No. 2 May 2003 pp. 137ñ173 The Tallahassee BeanCounters: A Problem-Based Learning Case in Forensic Auditing Cindy Durtschi ABSTRACT: You are auditing the books of the Tallahassee BeanCounters (TBC)‚ a minor league baseball team in Tallahassee‚ Florida. During your audit the teamís owner‚ Franklin Kennedy‚ approaches you and offers an additional fee if you will quietly investigate the possibility of fraud within the firm. Mr. Kennedy reports that he received
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Statement of the Problem Case 3-1 Maynard Company (B) Diane Maynard was grateful for the balance sheets that her friend prepared. In going over the numbers‚ she remarked‚ “It’s sort of surprising that cash increased by $31‚667‚ but net income was only $19‚635. Why was that?” Her friend replied‚ “A partial answer to that questionis to look at an income statement for June. I think I can find the data I need to prepare on for you.” In addition to the data given in the (A)
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Week Five Team Reflection ACC 421 2014 Team B Week Five Reflection This week learning team “B” has discussed the concept of time value of money. One will be able to understand the importance of time value of money‚ the different ways to compute interest‚ information about present value and future value‚ and the how time value relates to accounting. Importance of Time Value of Money Time value of money deals with the relationship between money and time (Kieso‚ Weygandt
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As stated in our text‚ there are various categories of e-commerce and these types are‚ Business -to-consumer‚ which is the electronic commerce involving retailing products and services to individual shoppers. BarnesandNoble.com‚ which sells books‚ software‚ and music to individual consumers‚ is an example of B2C e-commerce. Another category would be Business-to-business‚ which is the electronic commerce involving the sales of goods and services among businesses. ChemConnect’s Web site for buying
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The Business Cycle The long-run trend of the U.S. economy is one of economic growth. But growth has been interrupted by periods of economic instability usually associated with business cycles. Business cycles are alternating rises and declines in the level of economic activity‚ sometime over several years. Individual cycles (one “up” followed by one “down”) vary substantially in duration and intensity. Origin of the Idea O 26.1 Business cycles Phases of the Business Cycle Figure
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_________ affect recruitment policies because firms often give preference to current employees in promotions‚ transfers‚ and other career-enhancing opportunities. Typically‚ the first step in an employee’s introduction to company policies‚ practices‚ and benefits is a (n) _________ program. Which of the following statements about an aging organization is true? The information least likely to be obtained in reference checks and recommendations is:
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economists have been able to gain due to the nature of product‚ it is widely known that much activity is involved in the trade which means large figures in the millions per year for how much dealers can make and buyers will spend. Chapter 16‚ Question 5 Why is frictional unemployment important to have in any economy? This type of unemployment is beneficial to workers because it allows them to seek for jobs they want the most or jobs those best suits them. It also benefits companies‚ because it allows
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Algebra 222 week 5 Quiz CLOSE WINDOW Week 5: Functions‚ Date Submitted: 11/03/2014 (Started On: 11/02/2014) 1. Inverse functions: Problem type 1 The one-to-one functions g and h are defined as follows. =g−4‚ 8‚ −2‚ 4‚ −1‚ 9‚ −9‚ 4 =hx−3x4 Find the following. g−19 = h−1x = ∘h−1h−1 = You answered: g−19 = 0 h−1x = 1 ∘h−1h−1 = −1 Your answer is incorrect. The correct answer is: g−19 = −1 h−1x = +x43 ∘h−1h−1 = −1 2. Domain and range from ordered pairs Suppose
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Week 5 problems Name: Show your work to receive partial credit. PLEASE DO NOT USE ANY RED FONTS #1 Find the standard error of the mean for each sampling situation (assuming a normal population). What happens to the standard error each time you quadruple the sample size? a. σ = 36‚ n = 9 36 √9=12 b. σ = 36‚ n = 36 36 √36=6 c. σ = 36‚ n = 144 =3 formula SE= σ √n #2. A sample was taken of 36 people attending
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Human Behavior: Negative and Positive Effects on the Environment Mona Karaki PSY/460 September 29‚ 2014 Brenda Gallagher Our environment is ever changing; some of these changes are brought bought by human behavior. The changes brought about by human behavior can be both positive and negative. Environmental cues can be explained as elements in the environment which send important information or trigger effective reactions out of individuals (Steg‚ 2013). In each environment there are cues
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