ASSIGNMENT ON ASSURANCE OF LEARNING – ETHICS IN MANAGEMENT ACCOUNTING (CMA) Awoluyi Adekunle, Matric Number: 201403007 JUNE 29, 2015 MEMBA 3 LBS, Lagos AWOLUYI ADEKUNLE Matric Number: 201403007 Introduction The source of cost management ethical problems in any organization can be one or more of the following; 1. 2. 3. 4. Organisation’s management expectation Vs. professional ethics Personal desire for recognition / and promotion within the company Strife for quick money
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By Keith Lechwar Product innovations and new inventions occur on a daily basis. However, little consideration has been given to improving how consumers purchase the most widely consumed food item in America — ice. The process of combining water and cold temperature that hasn’t changed much since the Chinese cut and stored ice in 1,000 B.C is seeing a dramatic consumer shift. Why? Because an entrepreneur — a retired businessman — came up with an innovative new approach, combining the ice cube with
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unless they work hard for it. They come into the neighborhood bringing down the property value of homes. The recipients barely work, they move male friends into the home and the only thing that they do is smoke weed as well as sale it. They will not cut the grass, the yard turns into a garbage dump. The eviction process seemingly takes too long, and once they leave the neighbors start the tedious process of repairing the damage until the next person moves
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Module 21 Operational Budgeting and Profit Planning Discussion QUESTIONS Q21-1. Planning is the process of forecasting future operating activities, whereas budgeting places the plans in financial terms based upon the related revenues and expenses. Control relates to evaluating the plans and budgets in comparison with the actual activities. Q21-2. Except in small organizations, budgeting requires formal planning because of the need to coordinate the budget among various levels of the
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Explain how an increase in federal budget deficit due to recession can stabilize the economy. A deficit means that the government spends more than it receives in tax revenues in a given year (O’Sullivan, Sheffrin, & Perez 2010, p. 374). The total deficit is spending, plus all the interest payments on top of the original debt, minus the total tax revenue (http://www.blurtit.com). There are three factors, known as automatic stabilizers, that affect and stabilize the economy
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become popular until it was mass manufactured by Philips in 1980. The CD has been available on the market since October 1982, and remained the standard physical medium for sale of commercial audio recordings until it was passed in 2011. The CD and its subsequent variants have been extremely successful and by 2007 worldwide sales had exceeded 200 billion units. LeCount, G. (March 9, 2009). Citing Websites. In History of the Compact Disk. Retrieved February 20, 2013, from http://www.discmakers.co.uk/history-of-the-compact-disc
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Tom Sullivan, a building contractor, began purchasing excess wood that other companies didn't need in 1933. He then resold it from the back of a trucking firms yard in Massachusetts. This led the company to finding their position in the market of hardwood flooring in 1996. The first store opened on January 5, 1996 in West Roxbury, Massachusetts and sold 150 sq ft of floors that first day. Eight months later they opened a second store in Hartford, Connecticut and the increase continued ever since
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Every month, we read, and I write in the London Bridge, our monthly newsletter. The intention and meaning of the name, the London Bridge, seems obvious. It is our bridge or connection to London and its history and events; the crossing of our cultures. But does the London Bridge, the real bridge, represent the meaning we have imparted to it? It made me wonder. Is there any historical significance to the London Bridge that we can draw upon to make relevant our use of its name? In my search, this
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them from Cathy. Somehow he had to add value to his product to convince her to buy his Cokes. One day his neighbor told him that he could sell more Cokes if he would put ice on them down. Taking her/his advice to heart, he set up shop in the front yard and chipped some ice from his mother’s icebox to chill his Cokes. Not only did his neighbor buy from him, but so did other people coming home on hot afternoons. They were happy to pay a nickel for cool refreshment, and the young Cathy experienced the
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Problem was, nobody else did either. The housing market was down because of the outrageous interest rates of the time, and no matter how low the house was priced, it sat there, empty, with a “For Sale” sign sitting in front yard. Then, after a few months, they’d moved in! Shaking his head from side to side while he grumbled to himself, he decided to go back into the house to escape the next door “Children’s Celebration Of Noise”. He rose from the swing
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