intercompany loan to Solar-Electro from Welburn. Section B. Pinnacle’s acceptable audit risk is medium. The main reason for giving this audit risk a medium is because of the intercompany loan from Welburn to Solar-Electro. The Solar-Electro division of Pinnacle is what is risky, but Pinnacle has proven itself with the diesel engine, so the company as a whole does not show as being risky. Section C. Inherent Risk Account or Accounts Affected Situation 2: Outdated inventory Inventory; Cost
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The study also investigate how socio-demographic (age, income and occupation), pattern of online buying (types of goods, e-commerce experience and hours use on internet) and purchase perception (product perception, customers’ service and consumers’ risk) affect consumers’ attitude towards online shopping. Convenience sampling method was conducted in this study and the sample comparison of 100 respondents in Taman Tawas Permai, Ipoh. Data were collected via self-administered questionnaire which contains
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Concept of political environment The political scenario in a country is the outcome of the interacting influence of various interest groups such as individual households, firms, politicians, bureaucrats and many others. The stronger a particular interest group the more prominent its ideology will manifest in the overall political scenario. In a country with federal character, where different interest groups are prominent at different levels, different ideologies exist side by side at the same juncture
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The proposed idea is to create a very interactive and entertaining globally scaled collaborative platform using open innovation and crowd sourcing, platform dedicated to decision making process - targeting: policy makers, business executives, NGOs leaders, independent professionals and private people. My vision is that key people need a larger scale of legitimacy, freshness & horizon in their diverse daily decision making process when choosing the best ideas, strategies, products, concepts, advice
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Decision Making Process Terrance Josey MGT/ 230 May 8, 2012 Stephanie Jackson Decision Making Process Enrolling in school was a personal as well as a professional decision for me. I made this decision two years ago. It was a personal decision because I started college when I graduated from high school, but I did not finish. It became a personal goal to finish what I had started. It is a professional decision because I know college will give me the tools that I need to become a successful
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What is Risk? A. Uncertainty Concept—risk traditionally has been defined as uncertainty B. Objective Risk 1. Defined as the relative variation of actual loss from expected loss 2. Declines as the number of exposure units increases 3. Is measurable by using the standard deviation or coefficient of variation C. Subjective Risk 1. Defined as uncertainty based on one’s mental condition or state of mind 2. Difficult to measure II. Chance of Loss A. Objective Probability 1. A priori—by logical
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Decision making process It is necessary to understand the concepts of decision making, as they are relevant to the design of the MIS. The Simon Model provides a conceptual design of the MIS and decision making, wherein the designer has to design the system in such a way that the problem is identified in precise terms. That means the data gathered for data analysis should be such that it provides diagnostics and provides a path to bring the problem to surface. In the design phase of the model
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Risk and Return “Believe me! The secret of reaping the greatest fruitfulness and the greatest enjoyment from life is to live dangerously!” —Friedrich Wilhelm Nietzsche Are You the “Go-for-It” Type? The financial crisis has people buzzing about “systematic risk.” This term means different things in different contexts. Traditionally, systematic risk has referred to the non-diversifiable risk that comes from the impact the overall market has on individual investments. This risk is also known
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with the capital structure and profit repatriation policies of their companies’ subsidiaries. Capital budgeting decisions and valuation must reflect not only divisional differences but also the complications introduced by currency, tax, and country risks. Incentive systems need to measure and reward managers operating in various economic and financial settings. The existence of what amounts to internal markets for capital gives global corporations a powerful mechanism for arbitrage across national financial
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and performance with regard to environmental and ethical standards as well as the relationship of the company with the stakeholders. The Global Financial Crisis has demonstrated how poor quality disclosure and lack of transparency can mask excessive risk-taking and leveraging by global financial institutions. Hence, high quality disclosure and transparency not only serves to protect investors but helps regulators in maintaining market confidence and systemic stability. The strengthening of disclosures
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