Assumptions * Assume fiscal year begins July 1 * Personal savings account of $15‚000 and added family money gives him an investment fund of $35‚000. The $15‚000 personal savings is included in the total investment fund. * Acceptable to base pro forma estimates off of 1956 data. * The property‚ including the two plants‚ can be assumed as Plant & Equipment‚ and given the appraised value of $200‚000. * Assume that this P&E will not need major repair in the near future
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Discover‚ appraise‚ and attend to changing locales‚ populations‚ scientific and technological developments‚ and emerging societal trends to provide relevant services To understand the changing locales‚ population to provide leadership in implementing delivery in improving social services Analyze social welfare policies and governmental policies to assist client with services Use knowledge and skills to respond proactively Review with field instructor Throughout practicum Provide leadership in promoting
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An annual and a semi annual appraisal will be preformed for each employee. Informal evaluations will be performed on a quarterly basis‚ to speak one on one about how the employee feels and to give some feedback to the employee. Management will have an additional portion of evaluation based on their management abilities. We will go over the performance evaluation and determine the rating the employee deserves for each category. We will then go over the goals from the last performance evaluation and
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Identify situations that might lead to unethical practices and behavior in accounting. The unethical practices and behavior in accounting would be misleading financial analysis for personal gain‚ misuse of funds‚ overstating revenue‚ and understating expenses‚ overstating the value of corporate assets or underreporting the existence of liabilities‚ sometimes with the cooperation of officials in other corporations or affiliates. Other unethical practices would be insider trading‚ securities
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Q 1 Explain the nature of accounting fraud? A1. Background: The origin of WorldCom can be traced to the breakup of AT&T in 1983. The company began as Long Distance Discount Services Inc during 1983. LDD name was changed to WorldCom in 1995. To build the economies of scale that were critical success factor in long distance market it was imperative for WorldCom to grow its available volume off bandwidth as it lowered the per unit costs. Also the Telecommunication act of 1996 permitted long
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CASE NAME: WorldCom: Keeping Planes In the Air 1. Briefly describe the important aspects of the situation. WorldCom had asked its accountant to make accounting entries dipping into reserves to help the company to meet its earnings target. WorldCom had been done these financial reserves for three quarters and intended to do so thereafter. The telecommunications industry was in a severe slump. WorldCom had a slow growth and rising cost. Vinson‚ who had done WorldCom’s accounting
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(a) For each perspective of the balanced scorecard‚ identify two goals (objectives) together with the corresponding performances measure for each goal which could be used by the company to assess whether the changes have been successful. Let’s define perspective a particular attitude towards or way of regarding something; a point of view. The changes have been successful. 1. It made a strategic decision to withdraw the pay-tv-broadband-telephone package from the the market and‚ instead‚ offer
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Option: 3‚ Personal Reflection I want to write about an event happened to me during the middle of last semester. It was about the Epidemiology midterm exam. A lot of students apparently did not perform well on that exam‚ so the professor decided to curve the grades and proposed to make the midterm exam worth less. Originally‚ the midterm exam and final exam were both worth 40% of the final grade‚ and the online modules were worth 20% of the final grade‚ according to the syllabus. However‚ the instructors
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CheckPoint: Ratio‚ Vertical and Horizontal Analysis The calculations you perform for this CheckPoint form the basis of your analysis of your capstone project. • Write an essay in 250 to 300 words an explanation of the three tools of financial statement analysis and the function of each. • Examine PepsiCo‚ Inc.’s Consolidated Balance Sheet on p. A6 in Appendix A of Financial Accounting‚ especially its Current Assets‚ Current Liabilities‚ and Total Assets for years 2005 and 2004
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Lesson Plan Week 4 Gain attention: Show a visual image of the heart on the screen using the PowerPoint projector. Go to www.innerbody.com. The students will be getting a new and different image of the heart. The anatomy will be reviewed by placing the pointer over different anatomical structures within the heart. The name of that structure will appear on the screen. This activity will also stimulate learning. 25 minutes Rule/Principle: The student will be able to explain the flow of
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