case study solution of joan holtz 5-4 These problems are intended to provide a basis for discussing questions aboutrevenue recognition that are not dealt with explicitly in the text and that are notsufficiently involved to warrant the construction of a regular case. Instructors can pick from among those listed. Some of them can be used as a take-off point for elaboration and extended discussion by adding “What if?” facts. Answers to Questions 1.If electricity usage tended to be fairly constant
Premium Income 1920 2001
America demonstrated its power to the Soviets and the world by the extraordinary triumph of the first moon landing in 1969. In order to fully appreciate the significance of the lunar landing of Apollo 11‚ one must review the history of the early U. S. space program‚ from its inception to the successful completion of the Apollo mission. The United States and the Soviets began their fierce competition after World War II‚ the Cold War era; not only was the arms race on the ground‚ but also race
Premium Apollo 11 NASA Space exploration
THE IMPORTANCE OF STANDARD UNITS The system of measurements is very important in everyday life . In the past ‚ various systems of measurements were used. For example ‚ length was measured in units like foot ‚ yard ‚ chain and mile . Weight was measured in units like pound ‚ ounce ‚ kati ‚ tahil . Today ‚ many countries in the world use the same units of measurements . We say that they use standard units . The standard units used are the S.I. units . Under
Premium Units of measurement Metric system Kilogram
Case Study ‘Blu-ray versus HD-DVD: A Standards Battle in High-Definition Video’ Discussion Questions 1. What factors do you think influenced whether (1) consumers‚ (2) retailers or (3) movie producers supported Blu-ray versus HD-DVD? Every party in this standards battle had its own reasons for chosing one standard over the other. For instance‚ the motives for movie producers to choose Blu-ray were completely different from the motives for consumers to choose Blu-ray. In our opinion‚ the
Premium Blu-ray Disc Sony
Q 1. What are the advantages and disadvantages of a hands-off‚ decentralized management approach ? Advantages of Decentralization Decentralization will not work unless you really delegate both responsibility and authority. This means that the final decisions must be made at that lower level. You just can’t beat a decentralized system. It gets decisions closest to the level where the action really is. And it really does something for people. The executives are now essentially
Premium Automotive industry General Motors
of the United Nations. One of Guatemala’s key points when it comes to their foreign policy‚ is its insistence that it “maintain and foster links of cooperation and solidarity with the other states that formed the Central American Federation” (Melgar 5). Given that Guatemala has historical and geographic connections with these countries‚ it would make sense for Guatemala to foster good relations with these neighboring countries. Thus‚ countries in Central America can be considered as allies. Also‚
Premium United Nations United Nations Security Council United Kingdom
Case 3.1 Enron: Understanding the Client’s Business and Industry Price‚ Ria; Walters‚ Jessica 1. Inherent risk‚ a component of the audit risk model‚ refers to the susceptibility of the accounts to material misstatement‚ without regard to the systems internal controls. Inherent risk is a function of the nature of the client’s business‚ the major types of transactions‚ and the effectiveness and integrity of its managers and accountants. A clear understanding of the audit client’s business model is essential in assessing
Premium Auditing Internal control Natural gas
St. Francis College of Commerce January 23‚ 2012 COLLEGE OF COMMERCE Group 5 Saint Francis University Case Background St. Francis is a medium-size private university located in a major port city in the Visayas. It was one of the better private universities in the city and well known primarily for its engineering and science courses. The University had a total of
Premium Management Business Commerce
"keiretsu." What are these? a. warlords that control Japanese wealth b. local governmental entities Selected: c. corporate conglomeratesThis answer is correct. d. joint ventures with foreign investors "keiretsu" are corporate conglomerates. /1 1/1 Question 3 In Germany‚ prudence is an accounting principle established in commercial law. What does "prudence" mean in an accounting context? a. Reliability b. Comparability Selected: c. ConservatismThis answer is correct. d. Relevance In context of accounting
Premium Accountant Certified Public Accountant Finance
Case EPR purchase decision at Benton Manufacturing company ITM R 6:00pm-10:00pm FALL 2014 Date:11/13/2014 INTRODUCTION (5 Points) Benton Manufacturing Company‚ Inc.‚ is a U.S. manufacturer of consumer durables with reported net sales in 1998 of nearly $1billion and operating profits of almost $180 million. In North America alone‚ the company operates 7 factories and 57 distribution centers while employing 5‚200 people. Recently‚ through the acquisitions of several companies Benton’s product lines
Premium Enterprise resource planning Supply chain management