Bill DeBurger‚ In charge Accounting Bill DeBurger was an in- charge accountant of the firm where he used to work. He had 18 months of experience; and he had been working for more than 900 hours in the audit of Marcelle Stores. The audit team was formed by Bill‚ two staff accountants‚ and five internal auditors. After two months of intense work‚ Bill had the responsibility to write the inventory memo. When Bill began to think about what he will express in the inventory memo‚ he realized that
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Bill DeBurger Case 6.2 Your conclusion? Justify the conclusion you would have reached in the memo Bill’s conclusion? the actual decision made by the”real” Bill DeBurger was that the inventory account balance was materially accurate It was obviously the decision the audit partner wanted Bill to reach What approach would you have used? Did Bill take the proper approach in discussing the matter with the partner? Bill should have discussed this issue
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Summary of the case Charlotte City Council filed a case to ensure that visitors‚ workers‚ and residents will not be discriminated from any aspect. Governor McCrory signed House Bill 2 that blocked the local governments from passing act with nondiscrimination defending for the LGBT citizens and needs transgender citizens to use bathrooms and locker rooms that align with their biological sex. Based on the case‚ the Charlotte City Council approved the suggested amendments to the city’s Nondiscrimination
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Quentin Tarantino’s Kill Bill Volume II uses unique editing techniques to stimulate the viewer both visually and emotionally. Editor Sally Menke uses various aesthetic elements from black and white to reflect the mood‚ to close-ups matched perfectly with sound to further the opening scene. Thanks to fluid editing‚ the action and tone hit the audience just hard enough. It is clear that each shot of the scene had the next shot in mind. The opening scene fades in to a black and white overhead
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Problem 6-1A 1. Principle violated- Divide responsibilities for related transactions and separate recordkeeping from custody of assets. The business will need to separate the duties of Ms. Flat. She is currently recording all cash receipts and posting the payments to the customer accounts. This leaves much room for error and fraud. Ms. Flat also has control or access over all cash receipts as well as being responsible for posting the payment to accounts. 2. Principle violated- Establish Responsibilities
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Case 6-2 Birch Paper Company Internal Environment • Medium sized‚ partly integrated paper company • Portion of paperboard output was converted into corrugated boxes by the Thompson Division • Four producing divisions and a timberland division to supply part of company’s pulp requirements • Divisions judge independently on basis of profits and return on investments • Decentralization successful‚ company’s profits and competitive position improved External Environment Customer/Supplier
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strategic management to a small business. 2. Explain why and how a small business must create a competitive advantage in the market. 3. Develop a strategic plan for a business using the nine steps in the strategic planning process. 4. Discuss the characteristics of three basic strategies: low cost‚ differentiation‚ and focus‚ and know when to employ them. 5. Understand the importance of controls such as the balanced scorecard in the planning process. Part 2: Class Instruction Introduction
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Bill French Case 1. What are the assumptions implicit in Bill French’s determination of his company’s break-even point? He has assumed that there is only one break-even point for the firm’s three products by taking the average. Labor Union will not affect the product prices no effect on the break-even analysis. Constant dividends were given to stockholders. Production of product “A” will be decreased and the other hand product “C” capacity will be increased. Sales price will be constant.
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McGraw-Hill/Irwin Retailing Management‚ McGraw-Hill/Irwin Retailing Management‚ Computer Source: 44 outlets 1-3 1-4 Chapter 1 Introduction to the World of Retailing McGraw-Hill/Irwin Retailing Management‚ 1-6 The World of Retailing Introduction to Retailing Types of Retailers Multi-Channel Retailing Customer Buying Behavior 1-7 Questions ■ ■ ■ ■ What is retailing? What do retailers do? Why is retailing important in our society? What career
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Bill French Case CASE : BILL FRENCH 1. What are the assumptions implicit in Bill French’s determination of his company’s break-even point? Assumptions Sales volume will be maintained. No planned changes in volume next year Only one‚ aggregate break-even point is utilized in the analysis. Sales mix will remain constant. Linearity will be exhibited by both total revenues and expenses over the relevant range. No capital investments that will increase fixed costs. Constant dividends are paid out to the
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