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Pete, an accountant intentionally overstates the inventory on Sonny's financial statement in an effort to show that Sonny actually made a profit. Pete than certifies the accounting statement that it complies with the General Accepted Accounting Principles (GAAP). Sonny had no knowledge that Pete intentionally overstated his inventory and believed the financial statement was a true representation of his business. Sonny takes the financial statement to the bank. In reliance on the statement, the bank loans Sonny $100,000. Six months later, Sonny goes bankrupt and is unable to pay the bank back. The Bank is interested in filing a lawsuit, select the correct statement.
What are the most effective measures for eliminating and preventing corruption within public organizations? Explain in detail.
1.The first step in the decision making/problem solving process is to identify the problem. (We cannot solve a problem unless we know what the problem is!) The second step involves consideration of all the alternatives to the problem. In this step, w..
Based on an organization you are familiar with, explain motivational problems in light of Leon Festinger's theory of cognitive dissonance. Critique the organization's effectiveness in dealing with these problems in terms of Festinger's theory.
Define the sociological reasons that gender, race and age discernment occur in American society. Describe whether you think these forces will diminish or developed more prevalent in the near future.
Choose an organizational development concept or theory from our readings and discussions. In a five to seven page paper, build out the theory by applying it to an organization of your choice.
Choose a doughnut/cinnamon bun/bread company with presence in two global markets. Access the two countries' specific Web sites for the product you wish.
Identify an area of opportunity for your chosen company. Then develop a PIC for your chosen company. You can find examples and more about a PIC through searching online.
Will Cuba's current "open" status improve or worsen its position (politically and economically) in the global supply chain?
A brief and concise exposition of the basic story, facts and circumstances. Discussion of solutions, both those used in the case and other options that reflect course content, e.g, laws, concepts and definitions.
Discuss the benefits and costs of taking on other equity owners in your business?- Discuss the advantages of a corporation.
Briefly describe the four basic elements of strategic management. What is a triggering event? List some possible examples. What is the primary purpose for doing a strategic audit?
In what ways is the company which you are analyzing applying social cost accounting? Give specific examples. Are they using financial indicators to measure social and environmental costs? Describe how they are doing this, giving examples.
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