Criminal Law Outline Justifications of Punishment 1. Consequentialist Theory a. Actions are morally right if and only if they result in desirable outcomes b. Rely on theory of utilitarianism to justify punishment: Forward looking effects of punishment. General deterrence‚ specific deterrence‚ rehabilitation‚ incapacitation 2. Nonconsequentialist Theory c. Actions are morally wrong in themselves‚ regardless of the consequences d. Theory of Retributivism: look back
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Amy Hemphill Ch 3 & 4‚ week 2 Acct 403 3-25 (a-c) The following questions concern audit reports other than unqualified audit reports with standard wording. Chose the best reponse. A) The annual audit of Midwestern Manufacturing revealed that sales were accidentally being recorded as revenue when the goods were ordered‚ instead of when they were shipped. Assuming the amount in question is material and the client is unwilling to correct the error‚ the CPA should issue: 1. An unqualified opinion or
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Summary of “Myth‚ Truth‚ and the Justification in Religion” William L. Power Phil 1200 In the article‚ “Myth‚ Truth‚ and Justification in Religion”‚ the author‚ William L. Power states and thoroughly explains his opinions and thoughts on theology and religion. Power presents three main arguments within the article to help prove his overall point. The first argument stated is the way theology and religion‚ or‚ in his words‚ a theology and a religion should be viewed
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As a demand driven discipline‚ audit has contributed to the advancement of civilization”. State your position with appropriate argument highlighting the functional‚ legal and social construct of the profession. 15 Introduction Auditors are responsible to provide an independent opinion on the true and fair view of the financial statements after he has acquainted himself with all the relevant and reliable evidences with the client. Auditor is expected to a professional adroit with sufficient proficiencies
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he knows both Maytas companies are highly growth company in developmental infrastructure. So‚ after the acquisition‚ he may claim the earnings of the recently acquired corporation providing an automatic earning boost. Apart from that‚ other justification brought up by Raju regarding this buyout deal are the acquisitions may de-risk Satyam’s core IT business by adding a new business vertical in infrastructure. From this statement‚ we can see that Satyam is slowly planning to diversify its business
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assess the timing and uncertainty of current and future cash flows for making prudent‚ effective and efficient decisions for maximizing their value and making other investment decisions such as choosing a portfolio of securities. Basically‚ financial reports are published to serve various users like‚ shareholders‚ employees‚ suppliers‚ creditors‚ financial analysts‚ stockbrokers‚ management‚ and government agencies. Firms satisfy this demand in part by supplying accounting information‚ thereby enabling
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Decision to Drop Atomic Bombs The Justification behind the Detonation of The Little Boy and The Fat Man How could anyone possibly justify a decision that would result in over 265‚000 potentially innocent people losing their lives? Justifications like this have been made throughout history by evil leaders with mal-intentions‚ or by psychopathic fundamentalists‚ but never by a governmental organization as respected and trusted as the United States. How is it possible that the most financially
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The Mazengarb report was a product of its time – produced in response to a moral panic‚ where youth delinquency‚ sexual experimentation‚ newfound international influence and a shift in the family and social dynamics were creating instability and insecurity in society; the Mazengarb report was a poorly handled government investigation which fuelled the social panic in a time referred to as “The golden years”. The report itself had very immediate consequences‚ with new legislation being rushed through
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The Leslie Fay Companies (Leslie Fay) was a designer specializing in women’s stylish dresses. The company was run by Fred Pomerantz and subsequently by his son‚ John Pomerantz. Both Pomerantz men were known for their lavish lifestyles and overbearing personalities. Fred had hired Paul Polishan right out of college in 1969 to join the accounting staff at Leslie Fay. Polishan would later go on to become the company’s CFO. Polishan‚ as it seemed‚ had an even more overbearing personality than either
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G lobal Perspectives on Accounting Education Volume 6‚ 2009‚ 83-96 A FINANCIAL STATEMENT ANALYSIS PROJECT FOR INTRODUCTORY FINANCIAL ACCOUNTING Marilyn B. Misch Business Administration Division Pepperdine University Malibu‚ California USA Carolyn A. Galantine Business Administration Division Pepperdine University Malibu‚ California USA ABSTRACT This paper describes a financial statement analysis project useful in both preparerbased and user-based introductory courses in financial
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