Provisions and Contingencies Scenario 1 Fact: Energy Inc. (Energy‚ or the Company)‚ which operates in the oil industry‚ is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with IFRS and U.S. GAAP. A draft law in a country where Energy operates in‚ which requires a cleanup of land already contaminated‚ will possibly be enacted shortly after the year-end. Issues: Should Energy recognize a provision‚ (i) in reporting under IFRSs‚ and (ii) in accordance
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Exercise 19-17 Brandi Glasco University of Phoenix ACC/561 September 24‚ 2014 Professor Minh Truong Exercise 19-17 • In this case‚ would it be better to use the variable or absorption costing method‚ and why? In this case‚ it would be in the companys best interest to utilize the absorption method because only the overhead that is billed to the 80‚300 units that are sold is integrated. In the variable method‚ fixed overhead is counted as an expense by periods‚ which means the fixed overhead allotted
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LAKE COUNTY‚ STATE OF UTAH‚ SALT LAKE DEPARTMENT | FEUU TALIAOA FAGATELE‚ Petitioner‚v.PRISCILLA ELAYNE TAGATAULI‚ Respondent. | NOTICE OF CLAIM OF ATTORNEY’S LIENCivil No. 124900967Judge: Anthony QuinnCommissioner: Joanna B. Sagers | To petitioner‚ FEUU FAGATELE‚ and respondent‚ PRISCILLA TAGATAULI: NOTICE IS HEREBY GIVEN (pursuant to Utah Code § 38-2-7) that the law firm of o any and all money or property(real or personal awarded to
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Case 11-3 Master of the Universe TABLE OF CONTENTS Statement of facts……………………………………………... 3 Question 1…………………………………………………….. 5 Solution……………………………………………….. 5 Question 2…………………………………….......................... 6 Solution……………………………………………….. 6 Question 3…………………………………………………….. 7 Alternatives…………………………………………… 7 Solution……………………………………………….. 8 STATEMENT OF FACTS Saturn
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Problem 8-3. For each of the following situations‚ the present value concept should be applied: 1. Your wealthy aunt just established a trust fund for you that will accumulate to a total of $100‚000 in 12 years. Interest on the trust fund is compounded annually at an 8% rate. How much is in your trust fund today? 2. On January 1‚ you will purchase a new car. The automobile dealer will allow you to make increasing annual December 31 payments over the following four years. The amounts
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discrimination case Ms. Riyadh will have to establish a Prima Facie Case proving religious and gender or sex discrimination. The company (ABC) will have the burden of proof of proving their failure to promote Ms. Riyadh to a higher position is not related to her religion or her sex. Ms. Riyadh has to prove she was intentionally discriminated against due to said reasons. Ms. Riyadh’s Prima Facie will be based on both sex and religious discrimination. Her religious discrimination case is based on the
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reasonably relied on the promise of another may be able to obtain some measure of recovery. Requirements to make a claim 1. Must be a clear and definite promise 2. The promisor should have expected that the promisee would rely on the promise 3. Promisee reasonably relied on the promise by acting or refraining from some act 4. Promisee reliance was definite and resulted in harm or damage 5. Enforcement of the promise is necessary to avoid lack of fairness Chapter 13 Minors Age
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HRM 301-F1WW Tanglewood Case 3 October 19‚ 2014 Recruitment Guide Position:Multiple Positions Reports to:Store Manager‚ Sales Manager Qualifications:High School Diploma or GED Relevant labor Market:Western Washington‚ Eastern Washington‚ Northern Oregon and Southern Oregon Timeline: Conducting interviews with qualified applicants until all positions are filled Activities to undertake to source well-qualified candidates Employee referrals Local organizations Job Services Media Advertising
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Case Study # 3: Carter Cleaning‚ pp. 222-223 2 Abstract The format and form in which a job description should appear varies in semblance. There is no set format in which a job description should appear‚ however with technology ever increasing and the many changes in the way an organization completes a job analysis‚ long gone are the days of compiling a list of duties for positions that are forever changing. It is within the job specifications where an organization can show what human traits
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Case 3: Vietnam: Questions: 1) Does Vietnam represent an attractive investment opportunity? A: Yes‚ does it. Vietnam is the 12th most populous nation in the world. Its economy rapidly grows and substantial inbound foreign direct investment. Then‚ there is an ongoing series of liberalizing economic reforms. Plentiful‚ well educated and low-cost labor force. 2) Is it too late for U.S. companies to enter Vietnam? A: NO‚ it won’t too late. There are several reasons: 1. Government encourages foreign
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