acted as insurance on consumer funds that were held by the bank up to a certain amount. The Federal Deposit Insurance Act of 1950 was enacted to consolidate and expand upon the authority provided to the FDIC. Federal Deposit Insurance Reform Act of 2005 is a U.S. federal law that was enacted mainly to reform the Federal deposit insurance system. The Act contained a number of changes to the Federal Deposit Insurance Corporation (FDIC).Some important provisions of the Act are: merging the two deposit
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1. In auditing accounts payable‚ which of the five management assertions identified by SAS No. 31‚ “Evidential Matter‚” is of primary concern to an auditor? Why? For accounts payable‚ the auditor is usually most concerned about understatements. An understatement of accounts payable is usually considered more important than overstatements because of potential legal liability. The completeness objective is therefore normally more important in the audit of accounts payable. The auditor is also concerned
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Walmart - My Favorite Store Walmart is America’s biggest retailer. Not only are their prices reasonable‚ they have EVERYTHING! Everyone shops at Walmart. By everyone‚ I mean approximately 2.35 million people shop there a day. That many people is almost as much as Canada’s population. Another fact to show how great Walmart really is would be by looking at Walmart’s economy alone. If Walmart was a country‚ it would have the 26th largest economy in the world. these facts show how great Walmart’s industry
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the position that high end products are expensive or moderately priced. Marc Jacobs’s exceptional reputation and quality are therefore maintained based primarily on price. 3.1.3 Place Marc by Marc Jacob products currently can be found at selected stores in Sydney. In particular‚ they are exclusively sold at the following stockist: Belinda in Sydney‚ Robby Ingham and INCU City Men’s/Women’s in The Galeries Victoria and Paddington. Marc by Marc Jacobs has also moved
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The island name is ”Gulangyu” which is translated by Chinese. The first thing I want to introduce is store there. There are many kinds of store with their particular feeling. At first‚ I want to describe a milk tea store which is named by a cat called “Zhang Sanfeng”. Even thought we can not see that cat any more‚ people will still go there to have a rest. When you walk into the store‚ you will find a neat row of white chair‚ which the cat’s photo printed on. And the bar counter has two seller
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ASDA stores‚ one of the supermarket giants of today‚ have set out to increase its in-store marketing with the hope of adding value to the whole shopping experience and “Retailtainment”. The first step towards their objective was to use primary market research which consisted in doing a rolling survey of mums‚ who they identify as their core customers. The survey was carried out by the supermarkets very own “Mumdex”‚ a panel of over 4000 mums of different ages and backgrounds. With the quantative
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grocery store which was a block away in the corner from where we lived. “Let’s get some candies‚ shall we?” my grandpa would say this to me when it was raining outside. ”Why not?” I would reply in a happy mood every single time. And we would go to the grocery store together and got some delicious snacks. I felt really satisfied whenever grandpa took me to that store in the corner. I loved how grandpa and I would talk about everything when we were holding hands walking down to the grocery store. I loved
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thinks that this plan is imprudent. "The world is screaming for innovation‚ and companies can capitalize on the resources they already have to spark the next possibilities." The innovation that the world seems to be screaming for is online/digital stores. As the industry increasingly shifts online‚ opportunities are emerging. For example‚ the app markets of both Apple and Android markets have proliferated from practically nil to billions of dollars in just a few years. The reason for this rapid
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projected to grow at the rate of 25%-30% p.a. and is estimated to reach an astounding Rs 1‚00‚000 Crores by 2010. The contribution of organized retail is expected to rise from 3% to 9% by the end of the decade. The projection for the current year ie 2005 is Rs 35‚000 Crores. In India‚ it has been found out that the top 6 cities contribute for 66% of total organized retailing. With the metros already been exploited‚ the focus has now been shifted towards the tier-II cities**. The ’retail boom’‚ 85%
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high-end department store chain such as Nordstrom? What are the key customer needs that Nordstrom aims to fill? The Nordstrom web site states the following. Over the years‚ the Nordstrom family of employees built a thriving business on the principles of quality‚ value‚ selection‚ and service. Today‚ Nordstrom is one of the nation’s leading fashion retailers‚ offering a wide variety of high-quality apparel‚ shoes‚ and accessories for men‚ women‚ and children at stores across the country. We
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