Question #1: Please read Problem 3 at the end of Chapter 17 regarding the lawsuit by alleged thief Mr. Mapp against Gimbels Department Store. Under what theory might Mr. Mapp argue that Gimbels is liable for the assault committed against Mapp by Mr. DiDomenico‚ an employee of J.C. Penney’s? Would Mr. Mapp be successful under the theory you chose? Why or why not? Did the Gimbels security woman allow DiDomenico to assist in her store? Agency theory turns on a few items in a balancing act: (i) who
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Accountant Career Project: Report Business 101 Career Overview Accountants carry the primary responsibility for bookkeeping services such as payroll‚ bank reconciliations‚ general ledger posting‚ along with managing financial statement compilations and oversee efficient use of funds and related tasks. Correspondingly‚ they provide some Human Resource functions such as Employee Handbook compilation‚ and benefits management. Another responsibility of accountant’s is taxes:
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Recommendation for an Internal Accountant Recommendation for an Internal Accountant Internal Auditing is an independent‚ objective assurance and consulting activity designed to add value and improve an organization’s operations (What is internal auditing?‚ 2010). Internal accounting control is a series of procedures designed to promote and protect sound management practices‚ both general and financial that will increase the likelihood that: * Financial information is reliable‚ so that managers
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218). Many companies used to hold and continue to hold flaws in their governance structures that allow management to operate their businesses to further their own personal self-interests instead of increasing the shareholders’ values. The three cases that I believe illustrates the most ineffective corporate governance system include: Nortel‚ Adelphia‚ and Tyco. Nortel Networks’ ineffective corporate governance system stemmed off of the management’s use of earnings management in order to achieve
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Ethical dilemmas are common issues that every businessman has to face at their working environment. It is not such an easy task for businessman to have an ethical decision making‚ to choose what the “right” thing to do. In this following factual scenario‚ John also has to face some ethical dilemmas in his working environment and have difficulty to find appropriate solution. After a brief summary of the facts‚ I will discuss some ethical dilemmas which John is confronting and some approaches to ethical
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Lawreine The Job Life of Accountants Accounting professionals had a hard time during their school days. They have experienced sleepless nights just to study. They also experienced failures and downs. But at the end‚ they pursued their goals and they became professionals. Accountant is a high-level of career. They have hard tasks every day. An accountant must possess qualitative characteristics that will satisfy the users of financial statements. However‚ accountants have benefits too. Because
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chartered accountant has changed over time. They are not merely postmortem officers. Five years back‚ people used to think that the chartered accountants are Compliance Officers. Today‚ they have proved that the Chartered Accountants are not the Compliance Officers but are the Business Solution Providers. Today‚ the Chartered Accountants are the strategic partners‚ business solution provider. Their function is not restricted to accounting‚ auditing or banking. Today the Chartered Accountants have a
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this case is whether Luke should fulfill his obligations of loyalty to his company or being honest with his brother by telling the truth that might save Owen’s property from losing the value. This raise an ethical question is because Luke is related to Owen; he has to face with a situation in which there is no right or wrong answer‚ but instead a right and right answer. Ethical Lenses and Analysis: According to deontological theories‚ Luke’s case can be applied by either Universal Ethics or Utilitarianism
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Ethics SLP 4 Name: Course name: Instructor’s name: Institution: Date Brief summary of Jenna’s medical condition The medical condition of Jenna is paraplegic that came by as an attempt to repair her scoliosis several years ago. The scoliosis was secondary to a rare disorder that is known to cause tumors develop around the myelin sheath on the spine. Her body mobility became limited because her lower parts became paralyzed. However‚ she could manage to take care of herself and communicate. When
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CASE STUDY PRESENTATION LENHAGE AG: ETHICAL DILEMMA ABDUL NUR IZZAH SHAARMINI NURAZZYYANNA SUMMARY RINGO WEINHARDT Parent company :Lenhage AG US citizen Expatriate president & general manager LENHAGE AG CHULSOO LEE European manufacturer & seller of tools for construction industry Head of purchasing for Chun-Ha construction‚ large Company in South Korea Chun-Ha construction Largest technologically advanced construction company SOUTH KOREA • Uncorrupt nation • Infrastructure
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