...Homework IT Governance and COBIT framework Yeng Lee SEC 592 Professor Joseph Costantini May 18, 2014 What is the relationship between IT execution and IT governance? IT execution and IT governance are both related to the development of Information Technology. The differences among the two terms are their purpose and process. IT execution is a phase in IT development where IT governance is policies and rules to a project. In other word, IT governance is a whole single identity while IT execution is a step in a project. We will go further detail of the different of the two terms. But first, we will elaborate the term IT execution and IT governance. As stated above, execution is a phase in a project. IT execution usually comes after analyzing and planning phase of a project. Following the execution phase will be testing, clean up, and monitoring. In the execution or a project, it requires setting up responsibilities, time management, authorities, and control mechanism to accomplish the task. We will see later how governance does this IT execution. In the Execution phase, the project is carry out and complete. In the field of Information Technology, it can be anything from connecting a new network to upgrading an existence application or hardware to implementing security policies. As the project is being developed, executioner must refer back to the planning phase for guidance and error checking (Project Execution Phase, n.d.). Governance is the process...
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...Managerial Finance – Problem Review Set – Dividends Policy 1) If a firm adopts a residual distribution policy, distributions are determined as a residual after funding the capital budget. Therefore, the better the firm's investment opportunities, the lower its payout ratio should be. a. True b. False 2) Even if a stock split has no information content, and even if the dividend per share adjusted for the split is not increased, there can still be a real benefit (i.e., a higher value for shareholders) from such a split, but any such benefit is probably small. a. True b. False 3) Which of the following should not influence a firm’s dividend policy decision? a. The firm’s ability to accelerate or delay investment projects. b. A strong preference by most shareholders for current cash income versus capital gains. c. Constraints imposed by the firm’s bond indenture. d. The fact that much of the firm’s equipment has been leased rather than bought and owned. e. The fact that Congress is considering changes in the tax law regarding the taxation of dividends versus capital gains. 4) Which of the following would be most likely to lead to a decrease in a firm’s dividend payout ratio? a. Its earnings become more stable. b. Its access to the capital markets increases. c. Its R&D efforts pay off, and it now has more high-return investment opportunities. d. Its accounts receivable...
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...ACC 560 Week 2 Homework ACC560 Week 2 Homework Click below link for Answer http://workbank247.com/q/acc-560-week-2-homework-acc560-week-2-homework/13288 http://workbank247.com/q/acc-560-week-2-homework-acc560-week-2-homework/13288 1) Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $300,000 for the year, and machine usage is estimated at 125,000 hours. For the year, $322,000 of overhead costs are incurred and 130,000 hours are used. Instructions (a) Compute the manufacturing overhead rate for the year. (b) What is the amount of under-or overapplied overhead at December 31? (c) Prepare the adjusting entry to assign the under-or overapplied overhead for the year to cost of goods sold. 2) Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $46,300. 2. Raw materials of $36,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,800 was classified as indirect materials. 3. Factory labor costs incurred were $59,900, of which $51,000 pertained to factory wages payable and $8,900 pertained to employer payroll taxes payable. 4. Time tickets indicated that $54,000 was direct labor and $5,900 was indirect labor. 5. Manufacturing overhead costs incurred on account were $80,500. 6. Depreciation on the company’s office building was $8,100. 7. Manufacturing overhead was applied at the rate of 150% of...
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...Week 2 Homework – GM520. By Sam Jhonson 1. The Federal Trade Commission and the Federal Reserve Board was seeking amendments to the Risk-Based Pricing Rule that would require creditors, as of July 21, 2011. I am starting my own business so this interests me as to how the credit scores are reported to the consumers. 2. The proposal makes the creditors to disclose the credit score information to the consumers when a credit score is used in setting or adjusting credit terms. Also consumers who receive the notice can obtain a free credit report to check the report’s accuracy. As an alternative to providing the notice, the Rule permits creditors to provide credit applicants with a free credit score and information about their score. 3. The agencies should provide additional information related to credit scores to the risk-based pricing notices. Specifically, the risk-based pricing notice include an explanation that the consumer does not have a single credit score, and that the credit score may vary with the consumer reporting agency and a particular credit product for which the consumer applied. Most consumers need this information to help them understand why they are receiving a particular score that may not be the same as a FICO score. 4. All the comments must be received by 04/14/10 and comments on he Paperwork Reduction Act analysis set forth in Section III.A. of this Federal Register notice must be received on or before May 16, 2011. 5. a. 1. Go to the Hearing...
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...COMP122 Week 2 Homework Complete the following problems. 1. Suppose you are given the following variable declarations: int x, y; char ch; What values (if any) are assigned to x, y, and ch after each of these statements execute? Assume that the input to each statement is the same: 5 28 36 a. cin >> x >> y >> ch; a) x = 5, y = 28, ch =3 b. cin >> ch >> x >> y; b) x = 28, y = 36, ch = 5 c. cin >> x >> ch >> y; c) x = 5, y = 8, ch = 2 d. cin >> x >> y; cin.get(ch); d) x = 5, y = 28 2. Suppose you are given the following variable declarations: int x, y; char ch; What values (if any) are assigned to x, y, and ch after each of these statements execute? Assume that the input to each set of statements is as follows: 13 28 D 14 E 98 A B 56 a. cin >> x >> y; cin.ignore(50, '\n'); cin >> ch; a) x = 13, y = 28, ch = 1 b. cin >> x; cin.ignore(50, '\n'); cin >> y; cin.ignore(50, '\n'); cin.get(ch); b) x = 13, y = 14, ch = A 3. Suppose you are given the following variable declarations: int x, y; double z; char ch; Assume you have the following input statement: cin >> x >> y >> ch >> z; What values (if any) are stored in x, y, z, and ch if the input is: a. 35 62. 78 a) x = 35 y = 62 ch = z = 78 b. 86 32A 92.6 b) x = 86 y = 32 ch = A z = 9206 c. 12 .45A 32 c) x = 12...
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...Roopen Patel 7/18/11 Week 2 Homework Help – GM520. Here is an example to get you started on the Week 2 Homework: 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (1) a Word doc with the questions and your answers and (2) a copy of the proposed regulation you used for this assignment. (10 points) Department of Health and Human Services- Since I work in the healthcare field and use Electronic Health Records documenting patients medical history, diagnoses, and treatment. http://www.regulations.gov/#!documentDetail;D=HHS-OCR-2011-0011-0001 2. Describe the proposal/change. (10 points) A Notice of Proposed Rulemaking concerning the accounting of disclosures requirement under the Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule. The proposed rule would give people the right to get a report on who has electronically accessed their protected health information. The U.S. Department of Health and Human Services’ (HHS) Office for Civil Rights (OCR) is proposing changes to the Privacy Rule, pursuant to the Health...
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...3-1 Days Sales Outstanding Accounts Receivable Average Credit Sales Solution: ? = 20,000x20 = $400,000 (Accounts Receivable) 400,000 = 20 20,000 3-2 Debt Ratio Total Liabilities / Total Assets Solution: 60% 3-3 Market/Book Ratio Market price per share / Book value per share Book value per share = Common equity / shares outstanding Book value per share = $6,000,000,000 / 800,000,000 = 7.5 Solution: $75 / 7.5 = 10 3-4 PE Ratio Price/Earnings Ratio = Price per share / Earnings per share 8*3.00 = 24 24/$1.50 = 16 3-5 ROE ROE = ROA x Equity Multiplier ROA = Profit Margin x Total assets turnover ROA = .03 x 2 = .06 ROE = .06 x 2.0 = .12 = 12% 3-6 Du Pont Analysis Total Assets Turnover = 5 ROA = Profit Margin x Total Assets Turnover 10% = 2% x ? 10% / 2% = 5 Equity Multiplier = 1.5 ROE = Profit Margin x Total Assets Turnover x Equity Multiplier 15% = 2% x 5 x ? 15% / .1 = 1.5 3-7 Current and Quick Ratios Quick Ratio = Current Assets – Inventories / Current Liabilities Current Liabilities = $3,000,000 / 1.5 Current Liabilities = $2,000,000 1.0 = $3,000,000 - ? / $2,000,000 Inventories = $1,000,000 4-1 FV of Single Amount FV = PV (1+ I)^N FV = $10,000 (1+.10)^5 FV = $10,000 (1.10)^5 FV = $16,105.10 4-2 PV of Single Amount 1292.10 PV = FVn / (1+I)^N PV = $5,000 / (1+ .07)^20 PV = $5,000 / (1.07)^20 PV = $1292.10 4-6 FV of Ordinary Annuity FVAn = PMT { (1+I)^n / I – 1/I } FVAn = $300 [ (1+.07)^5 / .07 – 1/.07] FVAn = $300 [...
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...Homework 3. According to this appeals court, what errors were made by the judge at trial? First off, the judge was wrong by allowing the jury to even deliver a verdict on discrimination claims against Thiesing for 2,200,000 dollars. Thiesing was the prosecutor and this case was not about what Thiesing did as he was the prosecutor and brought the case to court not the defendant. I feel as though the judge should have kept the jury on track by not allowing other issues not relevant to the case at hand to be admissible. On the other hand the judge also did not allow the jury to look at the evidence of the case with a clear mind due to the plaintiff’s counsel only desire was to ignite the passion in the jury emotionally instead of on the evidence. The judge should have never allowed the jury’s feelings to get so emotional that a verdict and awards would have been as high and harsh as they were for this type of hearing. It went too far and the judge never intervened. 7. (part a) Would the police violate a suspect’s Fourth Amendment rights against unlawful search and seizure by secretly placing a GPS tracking device on the suspect’s car for an extended time without first securing a warrant to do so? Explain. See, for example, United States of America v. Lawrence Maynard, 615 F.3d 544 (D.C. Cir. 2010); petition for rehearing en bane denied, United States of America v. Antoine Jones, 625 F.3d 766 (D.C. Cir. 2010). Justices who commenced to talk about the 4th Amendment...
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...(3-1) Days sales outstanding Green Sisters has a DSO of 20 days. The company’s average daily sales are $20,000. What is the level of its accounts receivable? Assume there are 365 days in a year? Days of Sales Outstanding DSO= Receivables Average sales per day 20 days = Receivables Average sales per day Receivables= 20 days *$20,000 Receivables= $400,000 (3-2) Debt Ratio Vigo vacations has an equity multiplier of 2.5 .The company’s assets are financed with some combination of long-term debt and common equity. What is the company’s debt ratio EM= Equity Multiplier EM= TOTAL ASSETS TOTAL EQUITY EM= 2.5 = 2.5 1 Assets = Equity + Liabilities Liabilities= Assets - equity Liabilities= 2.5 - 1 = 1.5 Debt ratio= Total liabilities = 1.5 = 0.6 = 60% Total assets 2.5 (3-3) Market /Book Ratio Winston Washers’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities , $3 billion in long –term debt , and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is winston’s market/ book ratio? Market to book ratio= Market value per share Book value per share Book value per share= Common Equity = $6 billion = $7.50 # shares $800 million Market to-book ratio= Market price per share = $75...
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...America’s dependency on foreign oil is a burden that all Americans should want depleted. Our great country has severed its ties of many foreign dependencies, by overcoming the technological short comings and elements. By doing so America has become one of the greatest countries on Earth. The shape our country is in since the recession, our duty is to provide means of cheaper and greener fuel sources. With the addition of new sustainable energy we could push the country out of the red and into a newer better world. The creation of new sciences and methods will create new jobs, with healthier work environments. Picture in your mind a world where there are no more carbon emissions, a better world where our children have never seen medical cases like Black Lung. Even carbon monoxide poisoning and ever raising fuel prices could be terms that we have only heard of in history books. America’s children have the chance to become the people I just described if we push forward with developing our cleaner, greener energy plan. Arguably, this is a big step for our country to take and with the ability to drill more offshore wells we have a great chance to grow and have something to fall back on in times of distress. More oil is not the answer to Americas growing problem. The real tragedy will be our children not being able to purchase fuel for the car ride to take their own children to school. The ability to live free from other countries’ control comes from making difficult...
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...Sport Franchises and Tariffs on Imported Goods Devry University Sport Franchises and Tariffs on Imported Goods page 1 A cultural factor that a sports franchise must overcome is managing and ownership.This includes acquiring a sponsor or sponsors that can pay the players good salary and help build the talents of the younger generation in competition.Alot of sponsors have failed in the past due to poor financial management and embezzling of managers funds(Eitzen,1999). Sports are activities that include encompassing competitions like the Olympics.They also include other activities such as basketball,football,skiing and other recreational activities.The cultural practices have affected the popularity of the nations sports capacity in the United States over the years.The professional leagues of sport's clubs are organized in sport franchise and the league has the role of overcoming cultural practices. Some products of sport franchise include jerseys,shirts and coats with team logos,mugs and cups with team logos,license plates with team names,blankets with team name and logos,and etc.One way to ensure the product sells in the international market is by building a strong team that wins several competitions.When a team is successful,the share of the club increases in the share market and the club can sell a lot of its products which are profitable both locally and professionally(MacCambridge,1997). Another way for sport franchise to ensure their products appropriate...
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...bankruptcy. A class of holders of the notes filed suit against Ernst & Young, a national firm of certified public accountants that had audited Co-Op’s financial statements, alleging that Ernst & Young had violated Section 10(b) of the Securities Exchange Act of 1934. Are the notes issued by Co-Op “securities”? Reeves v. Ernst & Young, 494 U.S. 56, 110 S.Ct. 945, 108 L.Ed.2d 47, Web 1990 U.S. Lexis 1051 (Supreme Court of the United States) The notes are securities. This case reminds me to the Enron case, Ernst & Young should have noticed this situation before happening. Co- Op’s is liable for these notes. A security is a negotiable financial instrument that represents financial value, Co- op in this case is the issuer of the security. 2 Chapter 41.7 Insider Trading Donald C. Hoodes was the chief executive officer of the Sullair Corporation. As an officer of the corporation, he was regularly granted stock options to purchase stock of the company at a discount. On July 20, Hoodes sold 6,000 shares of Sullair common stock for $38,350. On July 31, Sullair terminated Hoodes as an officer of the corporation. On August 20, Hoodes exercised options to purchase 6,000 shares of Sullair stock that cost Hoodes $3.01 per share ($18,060) at the time they were trading...
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...Homework: Answer question # 7 at the end of chapter three and question # 3 at the end of chapter four, and the internet exercises on page 76 and page 112. All assignments are due by Sunday, midnight, MST. CH3, Q7 – The owner of a small hardware store—the only one in a medium-sized town in the mountains—has just learned that a large home improvement chain plans to open a new store nearby. How difficult will it be for the owner to plan for this competitive threat? Explain your answer. At first it would be very difficult. The small hardware store owner should choose strategies that avoid head-on competition. The owner needs to find new or better ways to satisfy customers needs and provide value. The small owner should actively seek information about the large home improvement chain and what all they entail? A lot of the information can come from customers and from the internet, remember word of mouth is huge. It is just like having McDonalds next to Burger King, each will have their own regular customers coming in, but each will have to keep bringing something new to the table, to try and get more customers in. CH4, Q3 – List the types of potential segmenting dimensions, and explain which you try to apply first, second, and third in a particular situation. If the nature of the situation would affect your answer, explain how. 1) Behavioral needs, attitudes, and how present and potential goods and services fit into customers consumption patterns. 2) Urgency...
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...Chapter 3 Problems: 1, 2, 5, 6, 9, 13. 1. What is the exact value of IC for IE = 5.34 mA and IB = 47.5 μA? Answer: IC = IE-IB = 5.34-0.0475 IC = 5.29mA 2. A certain transistor has an IC = 25 mA and an IB = 200 μA. Determine the βDC. Answer: BDC = IC/IB = 25/200 BDC = 0.125 5. Determine the IB, IC, and VC for the transistor circuit in Figure 3–66. Assume βDC = 75. Answers: IB = (VBB-VB)/(RB) = (2.0-0.7)/(4.7) = 0.276mA IC = βDC*IB = 75 * 0.276mA = 20.7mA VC = VCC – IC*RC = 24V – (20.7mA) ( 0.43Ω) = 15.1V 6. Draw the dc load line for the transistor circuit in Figure 3–67. Answer: IC(Sat) = VCC/RC = 10V/1.0kΩ = 10mA VCE = VCC = 10V 9. Repeat Problem 8 for βDC = 300. (Hint: The transistor is now saturated!) (8. For the base-biased npn transistor in Figure 3–68, assume βDC = 100. Find IC and VCE.) Answers: IC = βDC(VRB/RB) = 300(9.3V/680kΩ) = 300(13.67x10^-6) = 4.103mA VCE = VCC – (IC)(RC) = 10 – ( 4.108mA)(2.7kΩ) = 10 – 11.08 = -1.08V 13. For the voltage-divider biased circuit in Figure 3–71, determine Answers: R1 and R2 set up a voltage divider on the base. VBE = VB = R2/(R1 +R2) *VCC ...
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...ACC 307 WEEK 2 HOMEWORK To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC307WEEK2HOMEWORK/234 contact us at: help@mindblows.us ACC 307 WEEK 2 HOMEWORK ACC 307 Week 2 Homework Chapters 4,5 – NEW 2015 Version STR ACC 307 WEEK 2 HOMEWORK To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC307WEEK2HOMEWORK/234 contact us at: help@mindblows.us ACC 307 WEEK 2 HOMEWORK ACC 307 Week 2 Homework Chapters 4,5 – NEW 2015 Version STR ACC 307 WEEK 2 HOMEWORK To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC307WEEK2HOMEWORK/234 contact us at: help@mindblows.us ACC 307 WEEK 2 HOMEWORK ACC 307 Week 2 Homework Chapters 4,5 – NEW 2015 Version STR ACC 307 WEEK 2 HOMEWORK To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC307WEEK2HOMEWORK/234 contact us at: help@mindblows.us ACC 307 WEEK 2 HOMEWORK ACC 307 Week 2 Homework Chapters 4,5 – NEW 2015 Version STR ACC 307 WEEK 2 HOMEWORK To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC307WEEK2HOMEWORK/234 contact us at: help@mindblows.us ACC 307 WEEK 2 HOMEWORK ACC 307 Week 2 Homework Chapters 4,5 – NEW 2015 Version STR ACC 307 WEEK 2 HOMEWORK To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC307WEEK2HOMEWORK/234 contact us at: help@mindblows.us ACC 307 WEEK 2 HOMEWORK ACC 307 Week 2 Homework Chapters 4,5 – NEW 2015 Version STR ACC 307 WEEK 2 HOMEWORK To purchase...
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