SOC140 Lesson 3 Short answer 1. Explain what functions racial beliefs serve for the dominant group according to the functionalist perspective. Conversely‚ explain what dysfunctions to society are caused by prejudice and discrimination. The functionalist perspective emphasizes that parts of society are structured to maintain its stability. Racist ideologies believe they have a moral justification for maintaining a society that usually deprives certain groups of their rights and privileges. Some
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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Chapter 10 Plant Assets‚ Natural Resources‚ and Intangibles QUESTIONS 1. A plant asset is tangible; it is used in the production or sale of other assets or services; and it has a useful life longer than one accounting period. 2. The cost of a plant asset includes all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. 3. Land is an asset with an unlimited life and‚ therefore‚ is not subject to depreciation. Land improvements have
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Chapter 8: Aggregate Planning in a Supply Chain Exercise Solutions : We define a comprehensive set of decision variables that are utilized in problems 8-1 to 8-3 depending on the problem context. Decision Variables: Ht = # of workers hired in month t (t = 1‚..‚12) Lt = # of workers laid-off in month t (t = 1‚..‚12) Wt = # of workers employed in month t (t = 1‚..‚12) Ot = # of hours of overtime in month t (t = 1‚..‚12) It = # of units (000s) held in inventory at the end of month t (t = 1‚..
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Chapter 1 Europe Multiple Choice Defining the European Realm 1. The following are statements describing the demographic and economic conditions which may be generally ascribed to the European Realm. Which one is inaccurate? A. Europe constitutes one of the great population clusters of the world. *B. Levels of economic development in Europe decline from east to west. C. Europe’s population is highly urbanized. D. European agriculture is mainly market-oriented. E. European
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Kyprianides Inc. and Pecchia Company in the year 2011. Notice that both companies have the same amount of assets. However‚ there are some differences in the way the two companies finance those assets. Fill in the spaces on the balance sheets and then answer the following questions. Kyprianides Inc. Pecchia Co. Current Assets Cash and equivalents 200 300 Accounts Receivable 1‚100 2‚400 Inventory 4‚600 2‚000 Total Current Assets 4‚900
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Table of contents Introduction 2 ROI and EVA® as Performance measures and their effects on managerial behaviour 2 Conclusion 4 Transfer pricing 5 Market-based Transfer Pricing 5 Full Cost Transfer Pricing 6 Cost-plus a mark-up transfer Pricing 6 Negotiated Transfer Pricing 7 References 8 Bibliography 8 Introduction “Managing for value has become the mantra of today’s executives as the reality of competitive environments force businesses to focus on improving profitability
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than a single number. Demand Management Where possible‚ calculate demand rather than forecast. If not possible... Independent Demand (finished goods and spare parts) A Dependent Demand (components) B(4) C(2) D(2) E(1) D(3) F(2) Demand Estimates Sales Forecast Production Resource Forecast Examples of Production Resource Forecasts Forecast Horizon Time Span Item Being Forecast • Product lines • Factory capacities • Planning for new products • Capital
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Chapter 13: Determining Optimal Level of Product Availability Exercise Solutions 1. 0.2941 Optimal lot-size == NORMINV(0.2941‚100‚40) = 78.34 Given that p = $200‚ s = $30‚ c = $150: Expected profits = (p – s) NORMDIST((O – )/‚ 0‚ 1‚ 1) – (p – s) NORMDIST((O – )/‚ 0‚ 1‚ 0) – O (c – s) NORMDIST(O‚ ‚ ‚ 1) + O (p – c) [1 – NORMDIST(O‚ ‚ ‚ 1)] = $2‚657 Expected overstock = (O – )NORMDIST((O – )/‚ 0‚ 1‚ 1) + NORMDIST((O – )/‚ 0‚ 1‚ 0) = 7.41 Expected understock = ( – O)[1 –
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you to view and print for 30 days only. Student Number Date Graded 06/08/10 Examination 06052900 Grade 75 Document ID 41658789 Question Number Your Answer Answer Reference 1. B Correct 2. D Correct 3. C Correct 4. A Correct 5. A Correct 6. B Correct 7. D Correct 8. D Correct 9. C Correct 10. A Correct 11. B A PAGE
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