While auditing my client‚ I found that the price the company has been paying for their widgets doubled in a year’s time. In addition‚ they are now being purchased entirely from a new vendor. After I check the fair market price for these widgets‚ however‚ it appears that they are only worth half of what the company is paying. This is one of the red flags for fraud. As an auditor it is my job to ensure to the best of my ability that the financial statements are not materially misstated due to fraud
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adopted a strategy of price-reduction worldwide. The strategy was designed to enable the company to guarantee its clients an ever more suitable and competitive supply of products. Simultaneously‚ Benetton decreased production costs. This combination of price and cost reductions resulted in an 8 percent increase in both items produced and sold in 1994. Benetton also has an extensive system of outlet stores in which to sell clothing at significant discounts‚ as a result of the price cuts. In the late
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Independence of India ¤ Sailing of San Gabriel To India When the San Gabriel sailed around the Cape of Good Hope to finally dock at Calicut‚ a prosperous port and an independent principality on the Malabar Coast in May‚ 1498‚ half a century of the Portuguese tentative to find a sea route to India was finally crowned with success. The man behind the quest was Vasco da Gama (1460-1524) – a devout Roman Catholic whose nightlong vigil in a Lisbon chapel before commending himself to the unsure
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A CASE ON RISE & FALL OF NOKIA (INSIGHT TO THEIR STRETEGIES) Submitted by: RAJIV KUMR ROHILA – S065 JAGDEEP SINGH - S029 TOSHIT KUMAR - N065 Case Overview NOKIA was the most successful European company of the 1990s. The Finnish mobile-phone manufacturer captured the emerging market for mobile phones and built the industry ’s most powerful brand. Its handsets virtually defined the industry
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of tourists for low-cost carriers compared to flag carriers on short-haul flights proved to be a bane for full-fledged airlines. Unlike low-cost carriers‚ the cost of labour among others meant that full-fledged airlines could not offer competitive prices like their counterparts. Japan Airlines and Malaysia Airlines took the hardest hit with the latter almost becoming bankrupt if not for the collaboration[2] with Air Asia in 2006. Pollution‚
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The Rise of Islam AP World History The Arabs • Semitic speaking people of the Middle East • Nomads who moved regularly to find water and food • Settled in the Arabian peninsula – desert land – lack of rivers and lakes The Arabs • Organized into independent clans/tribes to help one another with the harsh environment • Each tribe had a sheikh • Developed the caravan trade and were major carriers of trade from the Persian Gulf to the Mediterranean Sea • Conflict over water & pasture land w/warrior
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Any time one decides to learn something new‚ or make some sort of positive change‚ there is going to be some work or effort involved‚ a price to pay. Just know that the price is worth it. Imagine being able to achieve anything you want! Imagine being able to have anything you want‚ be anything you want‚ do anything you want. You really can‚ if you know how. So when you think about a goal‚ something you want to achieve or accomplish‚ your mind might naturally go to what you don’t want or what you’re
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Rise of Reformist ReligionBuddhism & Jainism History Project Project Submitted by: Aayush Raturi VI- B Roll No-33 Acknowledgement I would like to express my special thanks of gratitude to my teacher Mr. Anamitra Dutta ‚ who game me the golden opportunity to do this wonderful project on the topic “Rise of Reformist Religion-Buddhism & Jainism”‚ which also helped me in doing a lot of research and I came to know about so many new things. I am really thankful to him. Secondly I would also like
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Although the wergeld initially served as a buffer in a violence prone Anglo-Saxon culture‚ it eventually was used to determine social standing and establish the power of the king. Anglo-Saxon England began as a heroic society that valued honor and kin above all. This society maintained a high potential towards internal strife that threatened to destabilize it. The wergeld developed in this hostile culture as a social convention that offered an alternative to the violence. Once written into Royal
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The Price of a Teenage Life Daysha Jones Eng Comp II Dr. Cobb November 23‚ 2009 The Price of a Teenage Life Prostitution is known for being a legal act done by women late at night‚ or sometimes during the board daylight. It’s known for being an international issue of young girls getting sold to the highest bidder‚ but it’s flooding the streets of America. As stated by Fang that‚ “trafficking in children for sex was once thought to be a problem beyond America ’s borders. But the FBI and
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