FINANCIAL ACCOUNTING Semester 1‚ 2013 INDIVIDUAL ASSIGNMENT – 20% (Due date week 9) Please contact your local lecturer. “What was the primary cause of the current financial crisis? Sub-prime mortgages‚ credit default swaps‚ or excessive debt? None of those‚ says Steve Forbes‚ chairman of Forbes Media and sometime political candidate. In his view‚ mark-to-market accounting was "the principal reason" that the U.S. financial system melted down in 2008. Do accounting rules actually pack such a wallop
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To what extent was the United States Constitution a radical departure from the Articles of Confederation? The Articles of Confederation was written in 1777 and became operational in 1781. It put an emphasis on state rights. Without an executive branch or judicial branch the central government was run by a Congress. This Congress was unicameral‚ meaning it was a single branch; there was no House of Representatives or Senate. Each state got a single vote in Congress. In order to create
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To what extent was Germany responsible for the outbreak of WWI? There is much debate about the degree of responsibility that should be given to Germany for the outbreak of war. One could argue that the outbreak of war was entirely Germany’s fault due to their aggression with the other Great Powers of Europe and the very presence of the Schlieffen Plan. One could also argue that Germany was merely protecting herself against aggression and the idea of encirclement. Or was it a misfired attempt at
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they bring up how our country gives independence and freedom to its citizens. This was not always the case though in 1619 the first slaves were brought to Virginia by the Dutch to help boost production of tobacco and other important crops. These African American people were kidnapped and made to join the impoverished European people of the colony in working for wealthy colonists. The agreement when slavery first began was that if you worked for seven years you would gain freedom along with your own plot
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Was Alexander the Great Truly Great? Egypt proclaimed Alexander Pharaoh‚ their god-king when he was only the age of twenty-four (Smith 1). Alexander the Great gained the throne at the age of twenty. He was the leader of the Macedon and led his army through many great battles and victories. Alexander truly was “Great” because of the influence he had and all the things he did that were thought to be impossible. Alexander accomplished many feats thought to be unattainable. “Alexander and his army
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nation’s governmental system during the late 1790s’ through the early 1800s’ was very imbalanced because the people who ran the government were figuring out the way that the nation would embrace religion within government‚ the power of the people in the government‚ and the foreign policy of America in the baby stages of this new country. Politics during the beginning years of America has several similarities
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everyone gets the chance to be what they want to be. Not everyone is provided with an opportunity. I am lucky that I was given one and now I have to do my part by taking advantage of it. I know what I want to be and I’m certain that I want to be a successful computer science major. The moment I knew what I wanted to study in college was when my cousin Jonathan moved in with me and my family. I was eleven years old when Jonathan moved in with us‚ he was twenty years old. I had not made the transition
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The Hippie Movement was the most well known and influential movement of the 60’s.The countercultural movement originated as a youth movement in college campuses around the US‚ eventually spreading into the UK and Canada. Not only was it a political movement‚ it was also a lifestyle. The Hippies had an array of concerns but the main tenet was about being happy. Most rejected large institutions‚ the middle class‚ and conformed society. Their attitudes toward life contained little thought or concern
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and other surrounding countries‚ which was led by Nazi leader Adolf Hitler. Several documents hold the basis for the storyline of this world war. These documents include the Munich Pact‚ the Atlantic Charter‚ Executive Order No. 9066‚ and the Yalta Conference. The Munich Pact‚ also known as the Munich Agreement‚ was a pact between France‚ Great Britain‚ Germany‚ and Italy which allowed Nazi Germany to annex Czechoslovakia through Sudetenland. The pact was signed September 29th‚ 1938 in Munich‚ Germany
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1) What was the general hypothesis tested in this study? (i.e.‚ What is the question that researchers are trying to answer across the two experiment?) (2 pts) The general hypothesis tested in this study concerns the effectiveness of classical moral storytelling as a promoter of virtues in 3- to -7- year-old children. Specifically‚ researchers aimed at determining how this type of fiction might educate children on honesty‚ as well as warn them about the consequences of lying. For this reason‚ they
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