To what extent have Prime Ministers become more powerful in recent years? (40 marks) The Prime Minister of the United Kingdom of Great Britain and Northern Ireland is the head of government and so exercises many of the executive functions nominally vested in the Sovereign‚ who is head of state. According to custom‚ the Prime Minister and the Cabinet‚ which he or she heads‚ are accountable for their actions to Parliament‚ of which they are members by modern convention. Within the current government
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Myths are more comforting than reality Since the first known civilizations and cultures‚ up to the industrial revolution and sudden expansion of education‚ myths and legends have occupied an important place in human understanding of reality. With their help‚ people have explained not only everyday events that were difficult to conceive‚ but also the unusual and rare ones. They were the source of comfort at difficult times‚ restoring people’s faith in justice‚ stability and worth of ideals. Myths
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are More Equal than Others On August 5‚ 1997‚ Korean Airlines management received news that no airline wants to hear- one of their planes had crashed. Korean Airlines flight 801 crash-landed three miles away from Guam airport. Plane crashes are an unfortunate and rare occurrence in the airline industry‚ but Korean Airlines had a problem. Their planes were crashing at a rate many times higher than other airlines. In comparison‚ Korean Airlines’s crash rate was seventeen times higher than the
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The Impossibility of Auditor Independence Intentional collusion of auditors and their clients is is not the major cause of Audit integrity. Most of the times‚ auditors find it difficult to become objective. In 1992‚ Phar-Mor‚ Inc. drugstore in the United States seeking a court protection from corruption failed a court case. The previous auditors‚ Coopers & Lybrand‚ Phar-Mor’s failed to state inventory inflation and manipulation of finanicial that lead to overstating of $985 million earnings
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Overview The issue of what causes individual differences in intelligence goes beyond psychology‚ and involves moral‚ political‚ ethical‚ educational‚ social‚ physiological and statistical issues to name just a few. The issue of how differences in intelligence come about between individuals and groups is a topic of much fascination and controversy - it can arouse strong reactions and elicit personal beliefs and biases. This page outlines some of the main psychological concepts and evidence
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ensure the appropriate level of independence ’ of auditors. Majority of studies conclude that the detrimental effects of firm rotation on the quality of the audit work by far outweigh its positive effects as a safeguard against various independence and quality threats. Frequent changes of audit firms‚ whether resulting from mandatory rotation or otherwise‚ introduce threats to independence and operational difficulties that make audit failure more likely. Many studies have involved practitioners
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have overtaken men at every level of education.According to the report‚ girls are now more confident of getting better-paid professional jobs than their male counterparts.One of the main reasons given for this success is that girls tend to be ahead of boys in literacy skills which gives them an advantage when it comes to university admission.What makes girls high achievers? And why are boys falling behind? Can there be true equality in achievement?This debate is now closed. Read a selection of your
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Jeff Sacks-Wilner Term Paper What Management and Auditors can do to Help Prevent Fraud‚ Errors and Illegal Acts Fraudulent‚ erroneous‚ and illegal acts committed by a public company‚ usually at a managerial or executive level‚ have been a very serious problem for many years and have prompted development of strict and updated regulations‚ such as the Sarbanes-Oxley Act‚ in an attempt to prevent these occurrences. Unfortunately‚ these new or updated regulations are not enough to prevent these
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Comparison and Contrast Paper 11/06/2012 Homelessness is more than missing a house We always encounter these types of people: A man who is shaking a cup and trying to present a smiling face to you on the side of the street‚ his coins are striking against each other‚ and his clothes were tatty and his shoes unmatched. Or at night‚ a crew of people who sit or sleep in front of a store with some filthy blankets on. We don’t know what kind of causes affect their homelessness‚ but we could easily
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Case Corporate Bonds – They are More Complex Than You Think 1. How should Jill go about explaining the relationship between coupon rates and bond prices? Why do the coupon rates for the various bonds vary so much? Jill should explain the relationship between coupon rates and bond prices by calculating the price of the bonds‚ which have similar features except coupon rate. Let’s compare ABC Energy issuer with the coupon rate 5% and 0% (the same with rating and YTM) Issuer Maturity Face Value
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