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Nissan Chairman Carlos Ghosn has been ousted for financial misconductin 2018. This was shocking news for the man credited with turning the company around. The details of the investigation at the time of the arrest was not been made public, but one aspect seems to be a under reporting of Ghosn's compensation. Ghosn was arrested along with a Nissan director Greg Kelly.
Discussion Questions:
Question 1) Why do you think company officials with so much to lose would risk partaking in this behaviour?
Question 2) In chapter seven we read about internal control. What aspects of the system of internal control do you think may have failed Nissan in this embarrassing episode?
Question 3) Discuss with respect to ethics- is it okay for a CEO to cheat to get a bonus/ raise/ keep their job? Is it okay for a student to cheat? Are the two things the same or different?
Assume that you are planning to purchase a 50-inch Plasma television. In groups of three or four, determine the lowest cost for the television.
McShane Inc. manufactures hair brushes that sell at wholesale for $60.00 per unit. Determine income under both full costing and variable costing
Write a 2,100- to 2,800-page paper on your personal model of helping. Incorporate learning from this course and discuss how and why you have, at this point in your development, formed your viewpoints. Include:
Compute the break-even point in dollars for 2017. Compute the break-even point in dollars under each of the alternative courses of action.
Prepare Chocolatier's responsibility income statement for the current month. How should the company decide which product line to advertise?
Purple Company is Kirsten's only source of income. Ignoring any employment tax considerations, compute Kirsten's after-tax income
the worldwide credit card inc. uses standards to control the labor time involved in opening mail from card holders and
Record the two journal entries that should be recorded by Stellar Inc. for the sales transactions above that took place on July 1 2017.
The point here is to be able to identify yourself with a group so that you can then explore and examine the negative or positive automatic assumptions people often apply too such groups.
An inexperienced accountant prepared this condensed income statement for Simon Company, Prepare a detailed multi-step income statement
Problem - Ratios, common-size statements, and trend percents. Express the income statement data in common-size percents
Prepare a monthly cash budget for Citizens Produce Co-op for quarter ended September 30. Should Citizen Produce anticipate taking out a loan during the quarter?
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