The problems and solutions of running out of fossil fuels With the process of industrialization‚ fossil fuels have played an increasingly important role in every aspect of human live. The use of fossil fuel has shown an explosive growth in the last few decades. The term of fossil fuel refers to “coal‚ oil‚ and natural gas - fuels that were formed millions of years ago from the fossilized remains of plants or animals” (Robert‚ 2012‚ p.10). Fossil fuels supply much of the energy used by industry
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Case Study 3 a) What events or condition above may cause substantial doubt about the entity’s ability to continue as a going concern? Events or condition that may cause substantial doubt about the entity’s ability to continue as a going concern are the first one‚ because of the high competition in the industry‚ it has affected the sales of the Fast Go. The effect of vigorous competition in the markets has makes it difficult for Fast Go to attract and retain customers and to grow their customer
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show that the loss suffered by the claimant was reasonably foreseeable. In the case of Hedly Byrne and Co vs Hedler and Partners Ltd‚ where there was a special relationship between parties‚ there could be a duty of care for financial loss caused by a negligent misstatement. However‚ there was a valid disclaimer as the advice given by Heller was headed without responsibility and the defendant was not liable. In this case‚ Aiman & Co were not liable since there is no special relationship between parties
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1. Background of Flash Memory. Inc Flash memory was founded in San Jose‚ California in the late 1990s. In 2010‚ there are six individuals held the top management positions‚ comprised the board of directors‚ and owned the entire equity in the firm.Flash specialized in the design and manufacture of solid state drives (SSDs)and memory modules which comprised the fastest growing segment in the overall memory industry. SSDS market is huge and intensely competitive which reflects in product offerings‚
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ZZZ Best Company Inc. ZZZ Best Company‚ Inc. is good example for being explored by accounting students regarding audit field. In this case‚ ZZZ Best Company‚ Inc.‚ which is established by Barry Minkow‚ became a tool for its owner i. E. Barry Minkow to get money by lying to thrid parties via fictitious insurance restoration project. Difficulties in developing carpet cleaning industry made Barry Minkow think to get money in wrong way. Collaborate with Tom Padgett and also extensive social
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PTL was not an organization registered with the SEC; the partner still has to follow the professional code of conduct that is integral to his profession and the public’s trust in it. 2. There are numerous procedures that an audit firm must perform before accepting an audit client: a. Firstly‚ review the reason why the company is looking for a new auditor or why it needs to start being audited. b. Review business structure of the client (look for red flags) c. Review client’s past history‚ including
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The Power Elite In the modern world‚ most of the countries have democratic government‚ which means that decisions are made by the people‚ who rule and govern the state. However‚ there is not a single state that practices perfect democracy due to different reasons. Governments are too big‚ which makes it very complex for every citizen to have a voice in decisions. Or‚ governments are claimed to be democratic‚ but in practice they can be close to authoritarian or even totalitarian regimes where
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Mills‚ C. Wright. The Power Elite. Oxford University Press; New Ed edition (January‚ 2000) In reading the first chapter of Mills’ The Power Elite‚ images conjured themselves in mind of the nineteenth century Russian aristocracy as portrayed in Tolstoy’s War and Peace. This may have been more than coincidence since Mills does indeed take up Tolstoy’s argument as to the independence of History from the wills of single men (a view to which Mills is firmly opposed) (pp. 25-27). However‚ Mills’ depiction
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Introduction Stress is very common among elite athletes (Koivula‚ Hassmén‚ & Fallby‚ 2002). It is a mental and emotional strain on the body caused by demanding circumstances which affects high level athletes (Bejan & Toniţa‚ 2014). Elite athletes are athletes that play at one of the highest levels‚ participate in major competitions‚ and are experienced athletes (Swann‚ Moran‚ & Piggott‚ 2015). Many studies have been conducted on how elite athlete’s stress levels are affected due to challenges in
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Case solution: Ethical Dilemma What course themes do you see present in the case? Experimental exercise Who Can Catch a Liar is about emotional intelligence and its effect on the productivity of the workers at workplace. Human have inherited the ability to respond various stimulus differently. Being differs from each other in terms of their personality‚ behavior‚ needs‚ wants‚ demands and expressing their emotions at different situation. Emotional intelligence is the ability of the person to know
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