Trust The Three Certainties An express trust will not take effect unless the three certainties are present .These certainties are (1)Certainty of words (2)Certainty of objects (3)Certainty of subject matter .It is therefore important to prove all three elements in the given scenario to prove that a trust exists .If any of these certainties are not present the trust fails and the donee of the property which is sufficiently defined ‚takes the property as an absolute gift .If the words are imperative
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La Consolacion University Philippines Catmon‚ City of Malolos‚ Bulacan College of Hospitality Management S.Y. 2012-2013 MG3 (Case Study on Organizational Behavior) Submitted by: Guevara‚ Marie Christine S. BSHRM 2-A Submitted to: Dr. Erick Sigua Chapter 1: An Overview of Organizational Behavior Statement of the Problem How will Tony Stark deal and cope with the new environment in the Reece Company? Solution: In my own opinion‚ since Tony is new in the company‚ feeling
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How to choose a case for teaching What is a case How to analyze a case How to discuss a case 3 To draw up case studies‚ it is first important to understand its various aspects. For an effective case study‚ one must first understand the principles of a case. It is important to understand what a case is‚ the types of cases there are and their purposes. Following this understanding‚ the methods of analyzing and discussing cases must be explored. After mastering these skills‚ The
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CASE 1-2 : McDonald’s expands globally while adjusting its local recipe Discussion Questions : 1-18. The key elements in McDonald’s global marketing strategy are based on the concept of this quick-service restaurant which is delivering three things to customers: inexpensive foo‚ quick-service and clean and familiar environment. Memorable advertising and intensive promotion efforts are two important tools that made McDonald’s one of the world’s most valuable brands. For instance “I’m loving it”
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more historical (past‚ recorded) Uses GAAP Balance sheet (assets = liabilities + Equity) - Balances the company’s assets with it Current Liabilities – long term (mortgage payable) Short term (1 year) ex. A/P‚ N/P‚ Wages Payable‚ Rent Chapter 2 Money Measurement – Everything measured in terms of $ and cents (common denominator) www.reocities.com/CollegePark/bookstore/3932/index2.htm 1/10 6/25/13 ACG 6085 – ADVANCED ANALYSIS OF ACCOUNTING DATA Entity Concept – Any activity for which
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Venezuela‚ Gary‚ and Sunchem were running at losses. Despite fierce competition in Europe‚ the major reasons for Frankfurt plant generating profits were 1) constant technical up gradations in the plant to improve the yields and reliability of Release-ease. 2) Manufacturing costs were the least and the production volumes were huge resulting in average yield on raw material A at 98.9%. The Venezuelan plant‚ started in 1964‚ had a no-frills design‚ and no improvements had been made thereafter. The educational
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Faculty of Education EDC2400 Assignment 2 Case Study Choose one case study and write an academic essay. PART A = Identify the educational needs of the class/training group. Use these educational needs as the basis (headings) for outlining classroom practice‚ including strategies‚ in order to accommodate the diverse learning needs of the entire class/training group. Strategies are to be of a detailed‚ practical and realistic nature. PART B = Name the Education Queensland (or relevant educational
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Andre Young ACCT 504 Case Study 2 1. Establishment of responsibilities. Only one person handles all the finances and the petty cash is open for just about any one to manage and handle cash. Need to be retuned to no one can handle petty cash but a public accountant. 2. Segregation of duties. Their has to be some one overseeing every one in the company. Their has to be some one over seeing the accountants‚ the checks being written and some one controlling the petty cash. People are usually
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Internal control ACCT504 Financial accounting and Managerial use‚ analysis Keller Graduate school of Management Professor : Linval Frazer Week 5: Case study 2 Friday ‚ April 4‚ 2014 Preparing LJB’s Internal Control Reporting for Public Trading Background LJB Company ‚ a small business local distributor who understands to go public in the future‚ the company should be in accordance with the law and may need to take more stringent internal control principles . At the request of
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Case 2-1 Cynthia Cooper and WorldCom Cynthia Cooper details her trials and tribulations about her experiences at WorldCom in the book Extraordinary Circumstances: The Journey of a Corporate Whistleblower. The following excerpts from the book describe the actions she took to uncover the fraud at WorldCom and reactions of key players in the accounting department‚ top management‚ the audit committee and the external auditors. Cooper was first alerted to the fact that there may have been a problem
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