Week Two Exercise Assignment Revenue and Expenses 1. Recognition of concepts. Jim Armstrong operates a small company that books entertainers for theaters‚ parties‚ conventions‚ and so forth. The company’s fiscal year ends on June 30. Consider the following items and classify each as either (1) prepaid expense‚ (2) unearned revenue‚ (3) accrued expense‚ (4) accrued revenue‚ or (5) none of the foregoing. a. Interest owed on the company’s bank loan‚ to be paid in early July Prepaid expense
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Differences Between a Firm’s Social Obligation‚ Social Responsiveness‚ and Social Responsibility 100% 1 Top of Form 1. As a university student‚ your institution’s social principles and practices reflect on you‚ as a stakeholder‚ in the organization. Therefore‚ it is your right to question how these practices should be evaluated in relation to the social issues that your school is addressing. If your university was paying minimum wage when necessary and applying the minimum legal standards
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Week 4 Knowledge Check Study Guide Concepts Mastery MARKET Questions 100% 1 HORIZONTAL MERGER 100% 4 VERTICAL MERGER 100% 5 JOINT VENTURE 100% 6 PRICE CEILING 100% 9 PRICE FLOOR 100% 10 EXTERNALITIES Score: 10 / 10 2 3 7 8 Concept: MARKET EXTERNALITIES Mastery 1. 100% Questions 1 2 3 What do economists mean when they say there is "market failure"? A. Business has introduced a product that consumers did not want. B. Free markets have led to excessive profits. C
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Week 4 Knowledge Check Study Guide Concepts Mastery The agency relationship and types of agencies the workplace Questions 100% 1 2 3 100% 4 5 6 100% 7 8 9 Types of discrimination in Score: 9 / 9 Legal remedies against employment discrimination Concept: The agency relationship and types of agencies Mastery 1. 100% Questions 1 2 3 Identify the true statement about principal-agent and employer-employee agency relationships. A. The employee in an employer-employee relationship
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Week 5 checkpoint IT The credit card data theft at TJX Companies is considered one of the worst ever. The case is significant because of a lack of appropriate security and control. Resources: Ch. 7 & 12 of Essentials of Management Information Systems Answer the following questions in 200 to 300 words: •List and describe the security controls in place. Where are the weaknesses? The thieves used several entry points to access TJX corporation systems. They accessed many TJX’s retail
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for purchasing goods and services from any location has been defined as mobile commerce. There are many different types of payment systems‚ but the four major ones are Online Credit Card Payment System‚ Online Electronic Cash System‚ Electronic Check System and Smart Cards based Electronic Payment System. The key advantages to these systems vary from privacy‚ integrity‚ compatibility‚ good transaction efficiency‚ acceptability‚ convenience‚ mobility‚ low financial risk and anonymity‚ compared to
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Many of us have become accustomed to electronic payment systems. These systems will continue to increase as businesses and banks present more opportunities to use them. Resource: Ch. 9 of Essentials of Management Information Systems Answer the following questions in 200 to 300 words: Name and describe various categories of e-commerce. E-commerce has several different categories which include business-to-consumer‚ business-to-business‚ and consumer-to-consumer. The business to consumer
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Week 3 Knowledge Check Study Guide Concepts Mastery Agreement‚ consideration‚ Score: 18 / 18 Questions 100% 1 2 3 100% 4 5 6 Intellectual property 100% 7 8 9 Personal property 100% 10 11 12 Real property 100% 13 14 15 100% 16 17 18 and capacity Remedies for breach of contracts Mislaid‚ lost‚ or abandoned property Concept: Agreement‚ consideration‚ and capacity Mastery 100% Questions 1 2 3 1. What is true about the acceptance of a contract? A. It is effective
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to consider when starting a major IT projects and there are scope‚ time‚ cost‚ quality‚ and risk. Most major IT projects will require a project manager to handle to overseeing of the project. The project management refers to the application of knowledge‚ skills‚ tools‚ and techniques to achieve specific targets within specified budget and time constraints. Project managers activities will include the planning of the work‚ assessing the risk‚ estimating the costs required to complete the project
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1 CORRECT It is generally reasonable to accept an unsupported claim if it does not conflict with your own observations‚ your background knowledge‚ or with other credible claims and if it comes from a credible source that you do not suspect of bias. A) True B) False Feedback: The alternative--to not accept it--is less reasonable. If your friend says‚ "Hey‚ your bus is leaving!" without offering reasons--leaving the claim unsupported--it is wiser to turn around and run for it than
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