The article titled “National Exam Systematic Failure” written by Mia Chitra Dinisari and Arsyad Paripurna ‚ discusses about the chaos education system in Indonesia about National Examination (UN) in 2013. National examination is an annual exam that must be taken by students who want to graduate from their school and continue their study to a higher level of education‚ such as entering universities . This year’s UN is slightly different from the previous year‚ the question sheets have been designed
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ever-increasingly focused marketplace the demand for more-ethical business actions‚ dealings and procedures are becoming more evident and required. The need for “Business Ethics” has taken on several different disciplines within the marketplace in light of many corporate dealings that have left the public stranded in the wake of crumbled corporations due to unlawful and unethical behaviors. The struggles by corporations come with notion of perform or be classified by the marketplace as a “poor performer”. In reviewing
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| |Due Date: |26 May‚ 2007 | | | *please delete as appropriate Assignment Topic: Individual Assignment – Case Study Student Declaration: This assignment is entirely my own work except where I have duly acknowledged other sources in the text and listed those sources at the end of the assignment; I have not previously submitted this work
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Executive Summary Accounting Issues: Fraudulent Accounting Practices • $11 Billion Accounting Fraud over 3 years (1999 – 2002) by understatement of operating expenses of $7B through improper release of accruals and improper capitalization of operating expenses • management promoted culture fixed on the numbers • board of directors’ failure to scrutinize billion-dollar acquisitions • excessive loans to executives in order protect stock prices Financial Overview of WorldCom (in
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Running head: CORPORATE SCANDAL 1 Sheri Bardot Ashford University OMM 640 Business Ethics and Social Responsibility Prof. Tricia Devin Corporate Scandal in America: Week 6 March 17‚ 2012 COROPORATE SCANDAL 2 The unethical business practices of Enron‚ Leman Brothers and
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exchanging $50‚000 cash in exchange for 50 shares of stock in Lima. Matthew will be contributing land which has a $35‚000 adjusted basis and a $50‚000 FMV‚ also in exchange for 50 shares of stock in Lima. ISSUE: When assets are exchanged for stock and control in a newly formed corporation‚ what are the tax and financial accounting implications of those transactions to Lisa‚ Matthew and Lima Corporation? LAW: 1. IRC Section 351(a) Transfer to corporation controlled by transferor: No gain or loss
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position of a beginners driving license. The effect that alcohol has on young people’s brains can be prevented if the drinking age is raised and it would also help minimize the risk of any further damage or injury to the brain. In addition alcohol related violence is a big component of the predicament associated with the abuse of alcohol if the drinking age was to be raised it would be an effective step toward decreasing the incidence of alcohol related violence. Drinking an excessive amount of alcohol
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market maker in natural gas and other commodities. Enron successfully influenced policymakers to exempt the company from various regulatory rules‚ for example in the field of energy derivatives. This allowed Enron to enter various trading markets with virtually no government oversight. Arguably‚ regulation might have prevented Enron from taking some of the risks and making some of the mistakes which it did. While deregulation may initially have helped Enron‚ by allowing it to create and enter new markets
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method our society make while also meet the basic needs of residents. All these protections needs developing countries and developed countries collaborate to ensure the conservation progress. Thus‚ we can easily conclude that individuals can hardly handle the environmental issue. First of all‚ a single person cannot deal with some environmental problems which require the whole society to solve. We may cite an example of population growth to illustrate the point. Population growth worldwide is at
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Q1. I classified the following controls based on what I read in appendix 1. For IT General Control‚ it talks to controls that are set in place so that a client’s IT system operates correctly. These controls primarily focus on ensuring that changes to applications are properly authorized‚ tested‚ and approved before they are implemented and that only authorized persons and applications have access to data‚ and then only to perform specifically defined functions. Because of this‚ the physical access
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