The person who will suffer negative effects if not complying with Gena Schmitt’s instructions would be Riverside Bottling Company. The reason that Riverside Bottling Company would suffer is that they would not meet the requirements of the cash account balance being maintained it $200,000 or more and thus default on the loan agreement. Also this would possibly result in higher loan interest rates being applied by the bank to the loan with Riverside Bottling Company. However, the person who would
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How Can Technology Help Law Enforcement Combat Crime Name: Institution: Date: Executive Summary In this project, the knowledge that exists on the criminal justice realm and how technology can be used to help combat crime will be reviewed. With the growth in organized crime in both the major cities and other smaller towns, law enforcement is at a loss of how to ensure that the safety of the citizens at all times. As a result, the paper will look
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Tax Computation & Planning Proposal (Individual Assignment) - Read carefully A. Introduction 1. You are required to compute the tax payable for a taxpayer in Malaysia and propose to the taxpayer steps for tax planning in order to minimise the tax payable. The computation should follow the requirements of the Income Tax Act 1967 (ITA 1967). Similarly, the tax planning proposal should be within the provisions of the same (ITA 1967). The taxpayer should be any individual you are familiar with such
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Case 1-1 Harvard Cheating Scandal Yes. Cheating occurs at the prestigious Harvard University. In 2012, Harvard forced dozens of students to leave in its largest cheating scandal in memory but the institution would not address assertions that the blame rested partly with a professor and his teaching assistants. The issue is whether cheating is truly cheating when students collaborate with each other to find the right answer—in a take-home final exam. Harvard released the results of its investigation
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ETHICS IN ACCOUNTING PROFESSION RESEARCH METHOD Despite of significant learning on ethics especially for future accounting profession, 50 respondents were randomly selected from Bachelor of Accounting students, International Islamic University Malaysia (IIUM). The student sample was equal to 50 (N= 50) consists of accounting students from the first to fourth year of study between the ages of 20-25 years old. Students from IIUM had been exposed to some general ethic values in class. This
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| Assignment 1: Review of Accounting Ethics | | | | Assignment 1: Review of Accounting Ethics | | | Doing the right thing matters. Every day, workers make decisions that are vital to a company’s success. How those decisions are made is just as important as the decisions themselves. In every company there are shareholders, consumers, business partners, and employees who have placed their trust in workers to act sincerely, rationally, and in accordance with the utmost ethical
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Archie R. Scott, Jr. Ethics Case Project 1 Dr. N. Amoah Introduction As the Chief Financial Officer for Camp Industries, I am overall responsible for the information contained in the Financial Statements for the company that shareholders use in making investment decisions and creditors use in making credit decisions. Camp Industries is the defendant in a class action suit filed in the amount of $44 million. After an informal conversation with in house legal counsel, I learn that it is remote
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An International Indexed Online Journal www.darpanonline.org/GIRT Global International Research Thoughts ISSN 2347–8861 October-December 2013 Supply Chain Management: It’s Importance in Today’s Business * Kavita Jain Assistant Professor, Department Management, Govt. P.G.College, Gohana (Sonipat). * Susheela Rathee Assistant Professor, Department Management, Govt. P.G.College, Gohana (Sonipat). ABSTRACT Supply chain management (SCM) is the management of the flow of goods
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The request being asked by the general manger is this scenario would be considered unethical within proper accounting standards, as well as against tax law. Both IRS Circular 230 as well as the AICPA Code of Professional Conduct provides proper guidelines for explaining why the omission of this income would be unethical. Both sources also explain what is expected of a tax preparer (practitioner) in a situation such as this. Section 10.21 of Circular 230 states that if a practitioner knows a client
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Pat James, the purchasing agent for a local plant of the Oakton Electronics Division, was considering purchasing a component from a new supplier. The new component Pat is considering purchasing will result in a trading quality for a reduction in cost. The difference between the price of the possible new component, $1.90, and the standard purchase price of $2.10 will result in a favorable price variance and offset an unfavorable price variance from another component. Should Pat offset the unfavorable
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