Professional Accounting I Assignment #2 1. For the equipment Hemo-Tech should use its best estimate of selling price. Since it does not have a price on its own and the two competitors’ sell a different model or the same model to a different set of customers‚ it must use its best estimate according to 605-25-30-6C. Since the cost to manufacture the equipment including labor‚ materials‚ and allocated R&D is known‚ as well as an estimated markup based on its history of margins as well
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Feb 2013. A Case Study of Yammer at Deloitte Social media technologies are making fast inroads into organisations. In the context of knowledge intensive work the propositions of improving communication‚ information sharing and user involvement seem particularly promising. However‚ the role and impact of social technologies in enterprises in general‚ and knowledge work in particular‚ are still not well understood‚ despite emerging scholarly works in this field. Our case investigates emerging
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each part of the system selected The contingency approach. Contingency approach to management theorizes that different situations and conditions require different management approaches. During the 1970’s the contingency approach gained popularity. Promoters and advocates of this theory believe that there is no one best way in managing; the best way depends on the specific circumstances. What makes the contingency approach different from other approaches is that it goes beyond
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recognized for a legal or constructive obligation arising from a past event‚ if there is a probable (more likely than not) outflow of resources and the amount can be estimated reliably (IAS 37.14). In contrast‚ according to FASB ASC 450-20-25-2‚ a contingency (provision) is recognized if it is probable (likely) that a liability has been incurred and the amount is reasonably estimated. Scenario 1 (1) Under IFRSs: According to IAS 37.22‚ the contamination of the land gives rise to a legal obligation for
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Contingency Theory Management and the Modern Day Corporation Page 4 Burns & Stalker (1961) – Managing Innovative Firms 1. Before the war‚ the industry was heavily involves in contract work with the government. 2. During the 1950s‚ opportunities arose for companies to develop new products for the growing consumer market (radios‚ TV’s‚ etc). 3. Consumer markets meant higher profits and greater Risks. 4. This meant moving into a market that was uncertain‚ competitive‚ extremely risky and required
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Fiedler’s Contingency Model The question that might come to the mind of a person: What is your natural leadership style? Do you focus on completing tasks‚ or on building relationships with your team? Have you considered that this natural leadership style might be more suited to some situations or environments than it is to others? We can get answers through the leadership model. For that purpose we will be dealing with fielder leadership model. Understanding the Model: Here‚ "contingency" is a situation
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Fiedler Contingency Model The contingency theory allows for predicting the characteristics of the appropriate situations for effectiveness. Three situational components determine the favourableness of situational control: 1. Leader-Member Relations‚ referring to the degree of mutual trust‚ respect and confidence between the leader and the subordinates. To build a strong team‚ there should be a great relationship among the employee‚ manager and the general manager because it is the foundation
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Case 8-13 Mohamed Salem El-Hadad‚ Internal Auditor 1. Identify and briefly describe the legal protections that “whistleblowers” have in the United States. Sarbanes-Oxley Act Section 806: Whistleblower Protection “SEC. 806. PROTECTION FOR EMPLOYEES OF PUBLICLY TRADED COMPANIES WHO PROVIDE EVIDENCE OF FRAUD.” “Sec. 1514A. Civil action to protect against retaliation in fraud cases (a) WHISTLEBLOWER PROTECTION FOR EMPLOYEES OF PUBLICLY TRADED COMPANIES- No company with a class of securities registered
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Current Liabilities and Contingencies Current assets are cash or other assets that can reasonably be expected to be converted into cash‚ sold‚ or consumed in operations within a single operation cycle or within a year if more than one cycle is completed each year. Current liabilities are obligations whose liquidation is reasonably expected to require use of existing resources properly classified as current assets‚ or the creation of other liabilities. Accounts Payable or trade accounts payable
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Course Project Milestone 1: Health History Form Your Name: Paola Sanchez Date: 11/22/2013 Your Instructor’s Name: Directions: Refer to the Milestone 1: Health History guidelines and grading rubric found in Doc Sharing to complete the information below. This assignment is worth 175 points‚ with 5 points awarded for clarity of writing‚ which means the use of proper grammar‚ spelling and medical language. Type your answers on this form. Click “Save as” and save the file with the assignment name and
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