ACC 411 – Accounting Ethics Midterm Exam Due: November 20th by 11:59 p.m. Multiple Choice (2 points each) 1. Each of the following elements make up an integral part of what is meant by "ethics" except for: A. Accepted standards of behavior B. Knowing the difference between right and wrong C. Always following the law D. The moral point of view 2. When is it appropriate to contact the audit committee about a difference of opinion with the CFO over an accounting or financial reporting
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Micro and macro economics play a huge role in businesses. Everything from demand in a particular market, to the decision making based on the entire economy. Without these two key elements, a company would have no professional structure. What is the difference between these two terms and why are they so important? Microeconomic is the main study of economics in a market. It takes a close look on how consumers are using their money and to what extent they are willing to go to obtain these products
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be an efficient manager. In this paper you will read about some areas that a manager for Acme Fireworks had to learn for a better understanding of the company. It starts with finding out more about what law governs Acme fireworks, five essential elements of any contract, the live legal liability of the owner and company in regards to injuries, agency laws in regards to relationships, the advantages and disadvantages of those relationships and a change in the company type and reasoning for choosing
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Price Build-up of Diesel at Delhi Retail Outlets Sr. No. 1* 2 3 4* 5 Elements FOB AG Price for Gasoil 0.05% Sulphur Trade Premium AG Price for Gasoil 0.05% Sulphur Derived Quality Premium for BS-III Grade Ocean Freight from AG to Indian Ports C&F (Cost & Freight) Price OR 6* 7* 8* 9* 10* 11* 12 13* 14* 15* 16 17* 18 19* 20* 21* 22 Import Charges (Insurance/Ocean Loss/ LC Charge/Port Dues) Customs Duty @2.58% (2.50% + 3% Education cess) Import Parity Price (at 29.5º C) Export Parity Price (at 29.5º
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Mining Law Mining law is a very broad topic, but basically, Mining and Mineral exploration law is dealt with under the New South Wales System of Regulation under the Mining Act 1992 and the Petroleum (Onshore) Act 1991 and accompanying Regulations. These acts of parliament are essential in order to understand the way that the the regulation of mining operates in New South Wales. Many people are unaware that despite owning land, you do not necessarily own the mineral titles which are found on the
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selfishness”. - Napoleon Hill. Quality to me means something that will last for a long time and if I am reasonably satisfied for the worth of money spent on the product then I am happy. It is the reliability, usefulness, longevity, and effectiveness of the element delivered. If a tool is going to fall apart, be cumbersome or awkward, give wrong measurements or just give more trouble than it’s worth then the quality is bad. It displays the competency of the person making the tool and their own expertise in terms
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POLS 3300: Exam 1 Name: Konner Mattison Be sure to specifically answer all questions asked, cite the *best* (most relevant) Supreme Court case (plural, only if asked), and explain the Court’s decision as it applies to the hypothetical situation. Students should use only the cases discussed in-depth (a.k.a. listed in the table of contents) in the most recent edition of your textbook. Two part questions must be answered separately! 1.) President George Washington the Fourth (a grand-nephew of the
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delivered item is limited to the amount that is not contingent on the delivery of additional items. * Utilizing a multiple element account model or an incremental cost model to account for customer loyalty program. * When there is a loss on the first element but a profit on the second element, the company may defer the remaining costs until delivery of the second element. * The use of cost-to-cost revenue service revenue recognition is prohibited. * The completed-contract method is allowed
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by wowing them with low prices and thereby generating big sales volumes” (Thompson C-57). This proved to be effective for Costco. Analysis Financial Key Ratios | 2009 | 2008 | 2007 | 2006 | ROA Profits after tax/Total Asset | 4.94% | 6.20% | 5.52% | 6.31% | ROEProfit after tax/ Stockholders equity | 10.84% | 13.96% | 12.56% | 12.06% | Current RatioC.A./C.L. | 1.114 | 1.066 | 1.087 | 1.053 | Quick Ratio(C.A. – Inventory)/ C.L. | 0.531 | 0.498 | 0.518 | 0.470 | Debt to Asset RatioTotal
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Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for organisations. Conversely they can place obligations and duties on organisations. Political factors include the following types of instrument: - Legislation such as the minimum wage or anti discrimination laws. - Voluntary codes and practices - Market regulations - Trade agreements, tariffs
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