The purpose of John Stapleford’s book‚ Bulls‚ Bears‚ and Golden Calves‚ is to provide a useful overview of economic analysis. Using a Christian view point Stapleford cover a variety of important public policy issues. He uses Biblical thinking‚ scriptures and ethics to many of today’s major topics in today’s economy‚ such as: legalized gambling‚ pornography‚ economic growth‚ proper role for government‚ poverty‚ the environment‚ immigration‚ population control‚ less developed countries and more. To
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John E. Stapleford‚ Professor of Economic Development at Eastern College in St. Davids‚ Pennsylvania‚ rightly states that ethics and economics are the ground-level topics of this book. The author also makes the valid point that both economics and ethics developed as branches of philosophy. He further observes that over the years‚ barriers between the two disciplines have developed with most economists avoiding any explicit mention of the ethical implications of the economic theories and concepts
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proper controls. He identified the project as a high risk engagement‚ but did not do any of the necessary audit procedures to remedy this. Therefore‚ there was an audit failure. Sullivan was not completely at fault as it was fraud so people at Golden Bear were purposefully committing a white collar crime‚ but he should have exposed it by forcing them to disclose any changes in valuation techniques‚ as well as make them be more accurate with their revenue valuation. Did not follow-up. Because something
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Golden Bear Golf‚ Inc. 1)Which “management assertions” were relevant to Paragon’s construction projects? Describe an audit procedure that Arthur Anderson could have employed to corroborate that assertion for each. Professional auditing standards identify 5 “management assertions” that commonly underlie a set of financial statements. These 5 assertions are: occurrence‚ completeness‚ valuation/allocation‚ rights/obligations‚ and presentation/disclosure. With respect to the audit of Paragon’s
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CHAPTER 13 – CURRENT LIABILITIES AND CONTINGENCIES I. Liabilities A. Three Characteristics 1. Probable‚ future sacrifices of economic benefits 2. That arise from present obligations 3. Resulting from past transactions B. Current Liabilities 1. Payable within 1 year 2. Reported at maturity value C. Types of Current Liabilities 1. Accounts Payable a. Buy merchandise on account
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Gold Bear Golf‚ INC. 1. The professional auditing standards have a set of five management assertions. Of the five assertions‚ three are very important in regards to the Paragon audit. The descriptions below‚ audit procedure is explained that would have ensured the audit was completed accurately. a. Occurrence- The management assertion that ensures a particular transaction actually happened. In the case of a construction company such as Paragon‚ this could be verified by going to a job site and
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Chapter 13 You Decide Exercise Write out your answers and submit them using the Dropbox in a RTF or Word Doc format. Presidential Power and Iraq This exercise relates to the Policy Debate in Chapter 13 dealing with Iraq and Presidential Power. The goal of this exercise is to give you a better understanding of recent Supreme Court rulings on the limits of Presidential power during wartime and the importance of Separation of Powers and Checks and Balances. The Constitution (as interpreted by the
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4) I agree completely. From what I’ve seen‚ most students are pushed‚ or even forced‚ by their parents to take the so-called “right track”. I believe students should be allowed to live the life they choose‚ not the life they are assigned. 5) Crawford tries to convince the reader that it is morally wrong to force a student to be something they don’t want to be. He also says it is wrong to give medication to a student with ADD and similar disorders because it inhibits their natural tendency to be
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317 7 China: Bejing State Grid 259‚142 5‚678 8 US: California Chevron 245‚621 26‚895 9 US: Texas ConocoPhillips 237‚272 12‚436 10 Japan Toyota Motor 235‚364 3‚591 11 France Total 231‚580 17‚069 12 Germany Volkswagen 221‚551 21‚426 13 Japan: Tokyo Japan Post Holdings 211‚019 5‚939 14 Switzerland Glencore International 186‚152 4‚048 15 Russia: Moscow Gazprom 157‚831 44‚460 16 Germany: Dusseldorf E.ON 157‚057 -3‚085 17 Italy: Rome ENI 153‚676 9‚539 18 Netherlands: Amsterdam
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Ch 13: The Rise of Islam 1. Key parts of Muhammad’s life • Early Life: Muhammad was born to a family of merchants in Mecca. Both parents died when he was very young. He married a wealthy widow and became a good merchant. Due to his travels he was familiar with paganism‚ Christianity‚ and Judaism. • Revelations: At the age of 40 he had visions given to him by Allah while he was in a cave called Mt. Hira. These visions given to him through the archangel Gabriel instructed him to share his beliefs
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