The WorldCom Fraud © 2003‚ 2005 by the AICPA This presentation is intended for use in higher education for instructional purposes only‚ and is not for application in practice. Permission is granted to classroom instructors to photocopy this document for classroom teaching purposes only. All other rights are reserved. Copyright © 2003‚ 2005 by the American Institute of Certified Public Accountants‚ Inc.‚ New York‚ New York. WorldCom’s Background • Awoke the sleeping giant by leading the telecom
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billion Energy needed to power metropolitan area: 3‚000 Megawatts Energy Source Initial Cost to Setup Energy Production Monthly Cost Energy Output Limit Nuclear Plant $6 billion $1.5 million 1‚000 Megawatts Coal Fired Power Plant $1.3 billion $2 million 1‚000 Megawatts Wind Power $3 billion $500‚000 1‚000 Megawatts Geothermal $3 billion $500‚000 1‚000 Megawatts Hydroelectric $350 million $500‚000 1‚000 Megawatts Solar Power $3.5 billion $300‚000 1‚000 Megawatts Natural Gas $1
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Taylor Durham Nutrition 101 Mr. Oropallo Lab Report #2: Fat Extraction From Food What is a triglyceride? Draw its structure. A molecule that contains three fatty acids attached at the oxygen atoms of glycerol. What are the differences between saturated and unsaturated fats? Drawn an example of each. If all bonds are single‚ the fatty acid molecule is saturated. If there is a double bond among the carbon atoms‚ the fatty acid molecule is unsaturated. What form does each of these fats take at
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E-M ARKETING /6E C HAPTER 1 C HAPTER 1 O BJECTIVES 1-2 After reading Chapter 1‚ you will be able to: Explain how advances in Internet and information technology offer benefits and challenges to consumers‚ businesses‚ marketers‚ and society. Distinguish between e-business and e-marketing. Explain how increasing buyer control is changing the marketing landscape. Understand the distinction between information or entertainment as data. Identify several trends
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One should not perform any activity which will benefit oneself and harm others. As an affected person I can file a claim against the person or can sue the person or business or business owner who is trying to affect me for his personal interest. 2) Is someone who makes an ethical decision based on enlightened self-interest worthy of more or less praise than someone who makes a similar decision based solely on economic considerations? Ethical decision is not in the self-interest‚ it should always
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agents of the corporation immune from liability to the corporation for loss incurred in corporate transactions that are within their authority and power to make when sufficient evidence demonstrates that the transactions were make in Good Faith. 2. Joan recommends that ManBant give Bob a $300 million loan to start a new airline which is to be collateralized by the airplanes owned by Bob’s new airline. The board accepts her recommendation and gives bob the loan. Unfortunately‚ when Bob does
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Corporation didn’t have enough and good equipment in order to measure the TV ratings as soon as possible. Nielsen failed in operational plans and goals because they have quality problems by setting computers and human resources to meet needs. 2. Do you think developing a strategy map would be a good idea for Nielsen? Why or why not? * In my opinion the strategy map may cause the efferent result for the Nielsen Corporation. A strategy map is basically a visual representation of the organization
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the horizon provides a mental escape to faraway places. 2) The four things to look for while proofreading are spelling‚ grammar‚ punctuation‚ and capitalization. 3a) Cliché definition‚ a trite‚ stereotyped expression; a sentence or phrase‚ idea‚ word‚ action or behavior which is so overused that it loses its impact‚ charm or novelty. 3b) I knew that the film was a cliché but I went to see it anyway because my favorite actor starred in it. 4) Brainstorming‚ make a list of every idea that comes to
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around them‚ because we’re moving away the child from real world. Anyway‚ the children are always going to figure out how to do the most dangerous thing they can. Moreover‚ we prevent our kids relate to reality and interact with the outside world. 2. What can children learn from playing with fire? Children can learn playing with fire many things‚ like; the child will learn to control this natural element. The child can learn how take control of fire‚ he can learn about intake‚ about combustion
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The Symbolism of Chess It is known that the game of chess originated in India. It was passed on to the medieval West through the intermediary of the Persians and the Arabs‚ a fact to which we owe‚ for example‚ the expression "check-mate"‚ (German: Schachmatt) which is derived from the Persianshah: "king" and the Arabic mat: "he is dead". At the time of the Renaissance some of the rules of the game were changed: the “queen”and the two “bishops” were given a greater mobility‚
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