Tsunami Case Studies Activities Attorney-General’s Department 2010 Contents Chile tsunami 27 February 2010 ............................................. 2 Samoa tsunami 29 September 2009 ....................................... 4 Solomon Islands tsunami 2 April 2007 ................................. 10 Indian Ocean tsunami‚ December 26‚ 2004.......................... 13 Papua New Guinea tsunami 17 July 1998 ............................. 20 Chile tsunami 27 February 2010 On the 27 February
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Anonymous Caller Case Study 1 a) What would you recommend to the caller if you were Dr. Mitchell? Since it appears that the firms top executives are all apart of the fraud and don’t plan on correcting their unethical action. I recommend that the anonymous caller completely remove himself/herself from the situation by resigning or by reporting the situation to the firm’s board of directors or a governmental agency. b) What are the risks of continuing to work with the company? There
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In the finding of the liquidity‚ profitability and the solvency ratios regarding the Riordan Manufacturing Inc‚ it has revealed that the company is able to pay its debts to the creditors and investors. The liquidity ratio is good for our investors‚ creditors and bankers so that they can see that we can pay off our debts. With the profitability ratio‚ it comes in handy for the company when trying to find out if we have made any profit for the year or it we have lost money. With using the profitability
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Question 1 (a) Simon Lee As the client didn’t do any adjustment before‚ the conclusion of there is inherent risk is not valid. Inherent risk is the susceptibility of an assertion to material misstatement‚ assuming no related internal control. For Simon Lee‚ the auditor of Cole Foods Limited‚ he should appraise the business environment of his client. Since there will be change of business environment‚ inherent risk may appear. Besides‚ he should figure out the business process which the client
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Case Study of the Indian Ocean Tsunami On December 26‚ 2004‚ the Indian Ocean earthquake‚ or the Sumatra-Andaman earthquake‚ caused a tsunami that killed 230‚000 people and was recorded as the deadliest tsunami in known history. The earthquake was recorded as between 9.1 and 9.3 on the Richter scale‚ the second largest earthquake ever recorded. It was also recorded as the longest one‚ triggering earthquakes as far away as Alaska. Following the disaster‚ a worldwide effort raised billions of dollars
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Ocean Spray had facilities near Middleboro‚ Massachusetts where the processing of cranberries took place and they knowingly used the towns waste treatment facility for their waste water. This was not a problem until new water standards came about and the problems associated with Oceans Sprays activities came into light. Sludge started to grow in the waste treatment facility so the Massachusetts Department of Environmental Quality and Engineering became involved. The cause of the sludge was because
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Question one: The most important thing when identifying strategy is to distinguish it from operational effectiveness. For the failure to distinguish between operational effectiveness and strategy is in many cases the main cause to why a company can’t sustain their competitive advantage between its rivals. The mix up is understandable; they are both essential to superior performance‚ however in the same time they work in very different ways. Operational effectiveness is performing different activities
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Case Study Crosby Manufacturing Corporation “I’ve called this meeting to resolve a major problem with our management cost and control system (MCCS)‚” remarked Wilfred Livingston‚ president. “We’re having one hell of a time trying to meet competition with our antiquated MCCS reporting procedures. Last year we were considered nonresponsive to three large government contracts because we could not adhere to the customer’s financial reporting requirements. The government has recently shown a renewed
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Obligation - The lean manufacturing process is implemented in the bank for day to day processing level‚ but it has to start at‚ and be plainly strengthened by top management. For example‚ the Branch manager/Asst. Manager should be involved in leading some Kaizen events. An ongoing 20% advance in productivity does not come about by itself. Management must be involved and personally invested in the outcomes. Top organisation should expect their personal promise to exceed one year before the process
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aircraft model and value of the leasehold properties are easily to be overstated. Finally the intangible asset account can be overstated‚ which is indicated by the the difficulty of the valuation of Sabre Sonic software and fair value of goodwill. 1. Information of Virgin Australia 1.1 Sources of revenue Virgin Australia Airlines is part of the Virgin Group which was established in 1970 by Sir Richard Branson. It is Australia’s second-largest airline bases in Bowen Hills‚ Brisbane. Virgin
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