...University Calendar, and are available on the WEB. In any discussions or negotiations about fees, it will be assumed that a student and his/her other funder have made themselves aware of the provisions of this section and of the equivalent fees schedule. While the University attempts to keep fees as low as possible, student fees usually increase annually by approximately 10% per annum. Ignorance of the fees payable does not provide grounds for avoiding liability for any fees due and payable. Alteration of fees The University Council reserves the right to alter all fees payable to the University, or to impose a fees surcharge if circumstances require it. In the case of an alteration of fees or the imposition of a fees surcharge, notice will be sent to all registered students. Nonreceipt of such a notice does not provide grounds for avoiding liability for the contents of the notice. Arrears Any student whose fees are not paid by the due dates or who has...
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...MNM3025/101/3/2012 Tutorial Letter 101/3/2012 Marketing research MNM3025 Semester 1 & 2 Department of Marketing and Retail Management This tutorial letter contains important information about your module. Bar code MNM3025/101 CONTENTS 1. 2. 3. 4. 5. 6. 7. 8. 9. Introduction and welcome Purpose and outcomes of the module Lecturer and contact details Module related resources Student support services for the module Module specific study plan Assessments Examination Concluding remarks Page reference guide Assignments Additional reading list Appendix A. Appendix B. Appendix C. 1. INTRODUCTION AND WELCOME We are pleased to welcome you to this module in customer service and hope that you will find it both interesting and rewarding. We will do our best to make your study of this module successful. You will be well on your way to success if you start studying early in the semester and resolve to do the assignments properly. You will receive a number of tutorial letters during the semester. A tutorial letter is our way of communicating with you about teaching, learning and assessment. Tutorial Letter 101 – this tutorial letter – contains important information about the scheme of work, the assignments and guidelines for preparing and submitting the assignments for this module. Furthermore, the prescribed study material and other resources and how to obtain it are provided further on. We have also included general information about this module, as well as administrative...
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...The Anonymous Caller: Recognizing It’s a Fraud and Evaluating What to Do The ethic case study was about an anonymous caller who is the controller of a privately-held, small, start-up company. The company was experiencing a severe cash shortage and was required to present the quarterly financial statements to the local bank, in order to begin receiving funds for the line of credit again. She had concerns that the senior executives of the company provided the local bank with misstated financial statements. The caller was later informed that the accounts payable clerk was instructed to record sales transaction generated by the Chief Executive Officer (CEO) of the company. As a result, the sales and receivables accounts were overstated in the financial statements. Before returning to work Monday morning, the caller decided to contact her former accounting professor, Dr. Mitchell seeking advice on how she could possibly handle the situation. After listening to the anonymous caller’s situation, if I were Dr. Mitchell, I would first advise the caller to conduct a meeting with the senior executives of the company, in order to explain her concerns in reference to the submission of quarterly financial statements to the bank that overstated the sales and receivables account. Also, I would advise the caller to reiterate the consequences to the senior executives during their meeting, warning them of what could happen if their illegal procedures were noticed; such as pay a large fine or...
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... Assignment: Competition in the European Union The legal framework Case Study Florian Madl BUS 573_Law for Business Executives, CLU 1 Assignment: Competition in the European Union: The legal framework Table of content 1. The Case ........................................................................................ 3 1.1. General .......................................................................................... 3 1.2. Case Description ........................................................................... 3 1.2.1. General Description ...................................................................... 3 1.2.2. Duration of the infringement ....................................................... 4 1.2.3. Geographical scope ....................................................................... 4 1.3. Decision ......................................................................................... 4 2. Analysis of the Case ....................................................................... 5 3. Additional Informations ............................................................. 10 4. Bibliography ................................................................................ 11 2 Assignment: Competition in the European Union: The legal framework 3 1. The Case 1.1. General Case: AT.40098 ‐ Blocktrains Plentative: EU Commission Defendant: ...
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...chapter has been updated. The SEC’s SAB101 Revenue Recognition tests have been added. Approach The sequence of transactions for accounts receivable and bad debts often causes difficulty; indeed, the time that one is sometimes forced to spend on this topic is all out of proportion to its importance. Students often do not understand why an Allowance for Bad Debts account is necessary at all; they do not grasp the notion that although we feel reasonably sure that some accounts will go bad, we do not know which ones they will be. Even when they do understand this, the chain of transactions involved in estimating bad debts, writing off specific accounts, and booking bad debts recovered, is complicated and not easy to follow. If experience is any guide, it is quite likely that at the time this chapter is taught the press will be describing a company that has gotten into trouble for overstating its revenue or understating its bad debt or warranty allowance. Discussion of such a situation would be interesting. Cases Stern Corporation (A) is a straightforward problem in handling accounts receivable and bad debts. MacDonald’s Farm, by contrast, has few technical calculations but provides an excellent opportunity for a realistic discussion of alternative ways of measuring revenue and of valuing assets. Joan Holtz (A) is a different type of case. It is a device for raising several discrete, separable problems about the subject matter of the chapter, from which the instructor...
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...chapter has been updated. The SEC’s SAB101 Revenue Recognition tests have been added. Approach The sequence of transactions for accounts receivable and bad debts often causes difficulty; indeed, the time that one is sometimes forced to spend on this topic is all out of proportion to its importance. Students often do not understand why an Allowance for Bad Debts account is necessary at all; they do not grasp the notion that although we feel reasonably sure that some accounts will go bad, we do not know which ones they will be. Even when they do understand this, the chain of transactions involved in estimating bad debts, writing off specific accounts, and booking bad debts recovered, is complicated and not easy to follow. If experience is any guide, it is quite likely that at the time this chapter is taught the press will be describing a company that has gotten into trouble for overstating its revenue or understating its bad debt or warranty allowance. Discussion of such a situation would be interesting. Cases Stern Corporation (A) is a straightforward problem in handling accounts receivable and bad debts. MacDonald’s Farm, by contrast, has few technical calculations but provides an excellent opportunity for a realistic discussion of alternative ways of measuring revenue and of valuing assets. Joan Holtz (A) is a different type of case. It is a device for raising several discrete, separable problems about the subject matter of the chapter, from which the instructor...
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...Studying the Great Moderation Randi Pittman MBA6008 – Section 101 Unit 6 – Assignment 1 02/15/2013 There are many things which could affect economic volatility. In fact, I recently read a case study which described this situation. The case study was entitled “The Great Moderation, Dead or Alive?” or “The Great Moderation,” for short. This case study was written by Diego Comin and was published by the Harvard Business School (Comin, 2011). The author begins by giving us a background on the situation that he analyzed. The case in question has often been referred to as the Great Moderation. After thoroughly describing this time period, Comin then provides us with some rationalizations for this occurrence (Comin, 2011). Next, the topics of the variance of stocks and reduced amplification were covered (Comin, 2011). There were also other possible causes of changes in volatility discussed; such as globalization, inventory management, policy, demographics, and technological diffusion (Comin, 2011). Well put together, the case study is an excellent example of how one can analyze an economic situation. To begin, let’s take a look at what happened during the time period known as the great moderation. During this time period, which began in the 80’s, there was a reduction in the volatility of output (Comin, 2011). Exactly what does this mean? In terms of economics, volatility can be defined as “a measure of risk based on the standard deviation of the asset return” (Volatility...
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...Summer 2015 BIO 101-103 COURSE SYLLABUS BIOL. 101-103 (4 credits), meets MTWRF for lectures in Spencer Hall G7 from 10:00-11:30 am and Lab meets on TWR in Spencer Hall room G7 from 12:30-3:00 pm. Instructor: Dr. Simon Nyaga Office: Dixon 213 Phone: 443-885-3636 Email: Simon.Nyaga@morgan.edu Office Hours: MF 12:30-1:30 PM or by appointment Course Description: Introductory biology is a gateway course worth 4 credits specifically designed for non-biology majors. This is course covers major topics in biology shown below. The following general biology topics are thoroughly explored and discussed: the scientific method of solving problems, chemistry of cellular macromolecules, cellular structure and function, energy flow in cells with emphasis on respiration and photosynthesis, biotechnology and its application (emphasis on structure and function of nucleic acids), chromosomes and cell division and finally winds up a study of the basis of heredity (Genetics). In addition, evolution and its role in the creation of diversity are also thoroughly discussed. Textbook and Course Materials: What Is Life: A Guide to Biology, 2nd edition (with Prep U) by Jay Phelan published by; W. H. Freeman and Company, New York. Information on how to access Bioportal is to be found on the separate card which comes with the textbook. A used book will not enable you to access Bioportal and therefore no access to Prep-U and learning Curve quizzes. These quizzes have been shown to improve...
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...History indicates that these actions may be caused by a sense of religious justification, economic factors, or aspirations for strengthening of an empire. However there can be more reasons than those of a political or religious nature. In many ways personal bias, environmental and psychological factors play heavily into some of the worst atrocities ever envisioned by mankind. This is the case argued in Christopher R. Browning’s book Ordinary Men. Christopher Browning’s book focuses on a key part of World War II that took place behind the scenes of the war, The Holocaust. The Holocaust led to the systematic death of millions of people. These innocent people were only guilty of being labeled as “undesirable” by a supposedly “superior race.” These people consisted of not only Jewish people, who were the majority, but also gypsies, homosexuals, people with mental retardation and physical ailments, Polish people, Slavic people, communists, and Jehovah witnesses. Though the Holocaust is well known today, he primarily focuses on what could cause a group of seemingly ‘ordinary men’ from the Police Battalion 101 to transform into mass murderers. He uses the evidence of the 1960 war trials, thoroughly...
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...Technology, Mauritius La Tour Koenig, Pointe – aux – Sables, Mauritius kpadachi@utm.intnet.mu ABSTRACT The competitive nature of the business environment requires firms to adjust their strategies and adopt good financial policies to survive and sustain growth. Most firms have an important amount of cash invested in current assets, as well as substantial amounts of current liabilities as a source of financing. This paper therefore analyses the working capital structure and financing pattern of small to medium-sized Mauritian manufacturing firms, using primarily secondary data. Structural differences in working capital and the financing pattern of the sample firms are analysed and the results showed significant structural changes over the study period. The research finding revealed disproportionate increase in current asset investment in relation to sales resulting in sharp decline in working capital turnover. The analysis also revealed an increasing trend in the short-term component of working capital financing; in particular trade credit and other payables have financed the major part of working capital. This over-concentration on short-term funds is a reality of the SMEs as they often faced difficulties in raising finance and they are viewed to be informationally opaque. Using multivariate analysis, the determinant of working capital financing is investigated and the results confirmed the dominance of short-term financing, proxy as a proportion of current liabilities over total...
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...The University of Illinois Executive MBA July 13, 2004 Tentative Syllabus Managerial Perspective on Financial Accounting Accountancy 401X; Fall 2004 Michael J. Sandretto, 225C David Kinley Hall (217) 244-6410 (office); (217) 352-4832 (home, before 10:30 p.m.) sandrett@uiuc.edu or michaeljsandretto@earthlink.net Texts: Antle, Rick, and Stanley J. Garstak, Financial Accounting, Southwestern (United States), second edition, 2004 (Antle). Palepu, Krishna G., Paul M. Healy, and Victor L. Bernard, Business Analysis and Valuation: Using Financial Statements, Text Only, Southwestern (United States), fourth edition, 2004 (Palepu). Background: Accounting is called the language of business for at least two reasons. First, accounting terms such as sales, revenues, profit, net income, costs, gross margin, expense, and capitalize are widely used in business. Any businessperson is expected to understand those terms. Second, managers rely on accounting to understand an organization’s economic condition at a point in time and its economic performance over a period of time. As a result, they use accounting information to communicate with others. Managerial Perspective on Financial Accounting will help you understand publicly available financial statements for publicly traded companies and financial statements prepared for internal use. It is also an introduction to financial statement analysis and valuation methods. The basic financial accounting methodology...
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...Academic Fundamentals, Science, Cultural Awareness, and Connections. While some courses are required, others are left to personal preference. You will be blessed as you enter these inspired classes with an open mind and willing heart. I invite you to carefully review the Foundations courses available and determine which classes will benefit you most. I wish you success in this and every other endeavor here at BYU-Idaho. Best regards, Kim B. Clark President, Brigham Young University-Idaho 47 Foundations Brigham Young University–Idaho 2013-2014 Foundations Requirements for Eternal Truths, FDREL 325 Doctrine and Covenants (2:2:0) Academic Fundamentals, Science, Cultural Awareness and Connections: Fulfills Foundations requirement. A study of the history, content and teachings of sections 77 through Declaration 2. (Fall, Winter, Spring) Eternal Truths: There are 14 credits required in the...
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...Warning, this is a study guide, not a cheat sheet. 1. Prepare a statement showing the incremental cash flows for this project over an 8-year period. -Initial investment: The initial investment (I) is the sum of the investment in plant and equipment. I = $1,000,000 -Working Capital: The additional net investment in inventory and receivables is the working capital needed for the project: WC = $200,000 There is no additional info about the WC, so we can assume that it will not change over the project's life. Then Working Capital Change for each year Yi is: this is a study guide, not a cheat sheet. ChWCi = Previous Year WC - Current WC = 0 (for i=1 to 7) and ChWC0 = -$200,000 The working capital is recovered, this means that for the end of the year 8 it will be zero or: this is a study guide, not a cheat sheet. ChWC8 = $200,000 -Depreciation: For the first five years Yi (i = 1 to 5): Di = (Invest in plant and equipment)/5 = $1,000,000/5 = $200,000 For the years 6 to 8 the depreciation will be zero. this is a study guide, not a cheat sheet. -Revenues: For the first year the expected revenues will be: R1 = $950,000 For the years Yi (i=2 to 8): Ri = $1,500,000 -Expenses: Indirect incremental costs will be $80,000 all the eight years. For each year the direct costs will be 0.55*Ri. Then for each year Yi (i=1 to 8), the expenses (Ei) will be: this is a study guide, not a cheat sheet. Ei = $80,000 + 0.55*Ri...
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...CHAPTER 4 Completing the Accounting Cycle ASSIGNMENT CLASSIFICATION TABLE Study Objectives *1. Prepare a worksheet. *2. Explain the process of closing the books. *3. Describe the content and purpose of a post-closing trial balance. *4. State the required steps in the accounting cycle. *5. Explain the approaches to preparing correcting entries. *6. Identify the sections of a classified balance sheet. *7. Prepare reversing entries. Questions 1, 2, 3, 4, 5 6, 7, 11, 12 8, 9 Brief Exercises 1, 2, 3 4, 5, 6 7 Exercises 1, 2, 3, 5, 6, 17 4, 7, 8, 11, 19 4, 7, 8 A Problems 1A, 2A, 3A, 4A, 5A 1A, 2A, 3A, 4A, 5A 1A, 2A, 3A, 4A, 5A 5A 6A B Problems 1B, 2B, 3B, 4B, 5B 1B, 2B, 3B, 4B, 5B 1B, 2B, 3B, 4B, 5B 5B 10, 11, 12 13 8 9 10, 19 12, 13 14, 15, 16, 17, 18 10, 19, 20 10, 11 12 3, 9, 14 15, 16, 17 18, 19 1A, 2A, 3A, 4A, 5A 1B, 2B, 3B, 4B, 5B *Note: All asterisked Questions, Exercises, and Problems relate to material contained in the appendix *to the chapter. 4-1 ASSIGNMENT CHARACTERISTICS TABLE Problem Number 1A 2A 3A 4A 5A 6A 1B 2B 3B 4B 5B Description Prepare worksheet, financial statements, and adjusting and closing entries. Complete worksheet; prepare financial statements, closing entries, and post-closing trial balance. Prepare financial statements, closing entries, and postclosing trial balance. Complete worksheet; prepare classified balance sheet, entries, and post-closing trial balance. Complete all steps in accounting cycle. Analyze errors...
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...Rachael Burgess ID# 0281953 Eng. 101-F2 Short Essay Obesity in America: Balko vs Zinczenko Obesity is a growing problem in the US. There are many ways to go around trying and fixing it. Whiter they’re right or wrong is the question. How they go about it is another thing entirely. David Zinczenko and Radley Balko are from opposing sides on this issue. Zinczenko takes the sides of those who chose to blame the fast food companies. While Balko states that everyone should have personal responsibility. Which, I agree with. Out of the two of them, Balko is the one I have sided with. In his essay DZ states “Before 1994, only about 5 percent of childhood cases were obesity-related, or Type 2 diabetes. In 2002, "according to the National Institutes of Health, Type 2 diabetes accounts for at least 30 percent of all new childhood cases of diabetes in this country"(Zinczenko) This number has grown according to most health studies. Though, Zinczenko states this fact firmly. He does not provide a strong connection to this and obesity in children. Though he is trying to prove a good point there is not enough information to back it up. If he had the proper facts his argument would have been better. DZ had concluded that "Fast-food companies are marketing to children a product with proven health hazards and no warning labels. They would do well to protect themselves, and their customers, by providing the nutrition information people need to make informed choices about their products"...
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