Ge Lin Mini Case1 Something Went Sour at Parmalat Discussion Questions: Question 1 (1)When confirming cash balances held on deposits‚ the auditor should list as the “balance per bank” on the top of the bank reconciliation for each bank account from each bank that the client utilizes in the business. And a confirmation letter is to be sent by the auditor and received in the mail directly back from each bank at offices of the public accounting rim. (2)The auditor should observe the opening of the
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And the firm willing to pay YSL’s normally billing rates. 2.0 Answer the question (a) The full cost of the Surenex engagement including indirect costs and direct costs. Direct costs consist of travel cost and cost of conducting surveys. In the case‚ direct cost means direct charge is about $3‚000. The professional compensation charges include partner $4‚800 and professional staff $4‚000. Each of engagement receives an allocation of overhead based on professional compensation charges. The data
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Philips versus Matsushita Case summary of Philips: The company has built its success on worldwide portfolio of responsive national organizations (NO). The company was established by Gerard Philips and his father opened a small light bulb factory in Eindhoven‚ Holland in 1892.The company faced a tough fall. Gerald then recruited his brother Anton‚ a salesman and manager. In 1900 it became the 3rd largest producer of light-bulb in Europe and in 1912 Philips
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The case study presented a decision that needs to be made by Compass Records between owning and producing or licensed the recording rights for an up and coming Dublin folk music star‚ Adair Roscommon. Both scenarios offer different benefits and risks. Within the attached spreadsheet‚ each option has been analyzed based on their own specific cost structures over a span of year 0 – year 3‚ with equal sales figures. To begin‚ I will speak about the results of the two cash flow analyses‚ which
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Florida Atlantic University Star River Electronics Ltd. – Case Analysis Case Summary Star River Electronics is a joint venture company that has gained respect within the industry for producing high quality CD-ROMs to major software companies. In the mid 1990s‚ multimedia products created a high demand for CD-ROMs‚ allowing manufacturing companies of all sizes to enter the market. As a result‚ an oversupply ensued causing prices to decline as much as 40%. Star River survived a period
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worth of education is Adeline Yen Mah‚ who wrote the autobiography ‘Chinese Cinderella’. There are many ways the text clearly states the power of education. Adeline attending school took her mind off her adversity and it heavily assisted her in gaining acceptance and approval from her parents. Also‚ the education she received helped her obtain various achievements. Anything is possible if you get a good education and this is shown during the autobiography written by Yen Mah‚ who experienced all of
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place on July the 31th 2010. It was during the summer holidays when my family visited Canada to see our cousins. However‚ this event occurred in America‚ and in one of the busiest cities in the world. We had all travelled‚ for the past two days‚ in a mini bus from Canada to America. My aunt recommended us to go to America on a tour‚ as we could see far more attractions than that in Canada. The bus had a very warm and pleasant mood as we had seen enjoyed our short but pleasant‚ trip thoroughly. From
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of the McDonald’s book‚ be aware that a copy of the book is reserved at the main library of the University of Hong Kong for you to borrow for short period of time. Answers provided are for your reference only. It is complied directly from the solution manual provided by the author. If you identify any error‚ please let me know. Chapter 1: 1.3‚ 1.4‚ 1.11 Chapter 2: 2.5‚ 2.9‚ 2.13‚ 2.16 Chapter 3: 3.1‚ 3.3‚ 3.10‚ 3.12‚ 3.14‚ 3.15‚ 3.18 Chapter 4: 4.1‚ 4.4‚ 4.5‚ 4.15‚ 4.17 Chapter 5: 5.4‚ 5
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effective in-hospital organization will be required for effective acute treatment options to be available to stroke patients. There are a couple of legal and ethical issues of this case. First let’s look the physician. Mrs. Smith presented the clear signs and symptoms of TIA (Transient Ischemic Attack) which is called mini-stroke. First of all‚ the doctor failed to send the patient to emergency room to get CT scan‚ MRI and tPA (tissue Plasminogen Activator) if there is no contraindication. The doctor
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BIRCH PAPER COMPANY CASE ANALYSIS Executive Summary Birch Paper Company is a medium sized‚ partly-integrated paper company. It produces white and craft papers and paperboard. It has four producing divisions and a timberland division – The Thompson division converts the paperboard output into corrugated box and prints and colors the outside surface of the box. The Northern division produces the paper box‚ while the Southern division supplies the corrugating medium and inner and outer liners. Timberland
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