1- Ahmed is working as a project engineer at a newly established company. His company has completed 2 projects, has 5 engineers and 10 technicians. Ahmed’s manager assigned him to contact Ashghal and register the company as a potential bidder for their project. However, the company’s profile does not meet Asghal Policy to be a potential bidder as their minimum requirement is: 5 completed projects, 10 registered engineers, 15 technicians. Even though Ahmed informed his manager about the policy, he insisted Ahmed on declaring that the company has completed 6 projects, has 12 registered engineers and 20 technicians. (a) Identify the ethical situation in this case (if any) (b) Explain what Ahmed should do (c) Mention the relevant Rule of Practice or Professional Obligation (if any)

2-John is a mechanical engineer with two years of experience in designing automobile engines. He is a hard worker and has been very successful. Considering John’s achievements, the department manager promoted him as a “chief design engineer”. As he is now the “chief design engineer”, John was assigned to design and work on automotive electrical circuits by his manager. (a) Identify the ethical situation in this case (if any) (b) Explain what John should do (c) Mention the relevant Rule of Practice or Professional Obligation (if any)

3- Ali is a junior chemical engineer working for a leading engineering firm. Their firm was assigned to design and develop a large new chemical processing unit. During the course of the project, Ali suggested to the project designer an alteration to the design that considerably improved efficiency of the processing unit. After Ali's suggestion has been successfully implemented, Ali was offered a very nice trip to Europe by his upper manager for his suggestion. (a) Identify the ethical situation in this case (if any) (b) Explain what Ali should do (c) Mention the relevant Rule of Practice or Professional Obligation (if any)

4- Tom is a civil engineer and working in a large construction project. Tom was assigned by his manager to look for steel suppliers for the project. Tom placed a newspaper advertisement for potential suppliers to bid. Tom’s brother-in-law is also a steel supplier and he also responded to the newspaper advertisement. Although Tom’s brother-in-law’s price is higher, Tom was thinking to recommend his brother-in-law as the supplier to the manager. (a) Identify the ethical situation in this case (if any) (b) Explain what Tom should do (c) Mention the relevant Rule of Practice or Professional Obligation (if any)

Musicians are paid royalties for airplay of their songs. The amount can vary, but royalties are paid on an annual basis. Assume the royalty per song is .001 cents.

Pick your favorite music artist. Your artist has a fixed management fee they must pay their agent per year. (Use a search engine to find out their annual income). Assume 15% of their total income is paid as a management fee. Create a simple goal seek analysis using Excel or Google Sheets (both have the functionality). Do an analysis for the following scenarios:

1. How many times must your artist have songs played to cover the management fee?

2. How many times must your artist have songs played to earn 5% of their annual income?

Submit your spreadsheet analysis in Microsoft Excel format to Canvas. Be sure to mention your artist and their annual income. Once you've completed this practice exercise, you may move on to the next item in the module.

The artist makes $10,000,000 per year

A firm produces bikes by producing the frames by themselves and procuring other parts through its supply chain. It has its own assembly line to produce the bikes. Please calculate the Break Even Point in Dollars ($) AND in units for producing bicycles by the firm when:

a. The production involves a fixed cost of $500,000 a year

b. The production also involves a cost of producing the frames at $ 45.00 per bike, procurement of other parts at $23 per bike, and an assembly cost of $1000 per a batch of 40 bikes.

c. The bikes are expected to be sold at a price of $150 a piece

Questions:

1. 1.. If the bikes are produced in batches of 40 per day and the firm operates its production on 250 weeks in a year, what is the break-even point for the firm?
2. With the batch process installed, if the firm operates only for 200 weeks in a year what should be the break-even points for the firm in terms of units and $?
3. How the break-even point will change if the fixed cost per year is expected to increase by 20%?
4. Other things remain the same, if one of the variable cost increases, how will it change the break-even point; increase or decrease? (mention either the BEP_x or BEP_$ or both)
5. If the selling price increases, will it effect the BEP? If so which one and how (increase or decrease).

TAX RESEARCH PROBLEMS

Art is named executor of the Estate of Stu STone, his father, who died on Febrauary 3 of the current year. Art hires Larry to be the estate's attorney. Larry advises Art that the estate must file an estate tax return but does not mention the due date. Art, a pharmacist, has no experience ini tax matters other than preparing his own tax returns. Art provides Larry with all the necessary information by June 15 of the current year. On six occasions, Art contacts Larry to check on the progress of the estate tax return. Each time, Larry assures Art that "everything is under control." On November 15, Art contacts Larry for the seventh time. He learns that because of a clerical oversight, the return - due on November 2 of the current year - has not been filed. Larry apologizes and says he will make sure that &75,200, is filed on December 7 of the current year. Your manager requests that you prepare a memorandum addressing whether the estate will owe a failure-to-file penalty. you manger suggests that, at a minimum, you consult

*IRC SEc. 6151(a)

*U.S. v. Robert W. Boyle, 55 AFTR 2d 85-1535, 85-1 USTC P13,602 (USSC, 1985)

QUESTION 18

1. A CPA wishes to mention the names of her most prominent clients on her website. The mere existence of a professional relationship between a CPA and a small business client

   	I.	Never may be disclosed due to the duty of confidentiality
   	II.	Generally may be disclosed by a CPA as long as the substance of the communications between them is not disclosed
   	III.	Always may be disclosed, but it is advisable to first request the client’s permission to avoid jeopardizing the client’s goodwill
   	IV.	Never may be disclosed unless the client gives it specific consent

3 points   

QUESTION 19

1. The following most closely represents the fraud triangle:

   	I.	Opportunity, rationalization, pressure
   	II.	Pressure, rationalization, lack of pressures
   	III.	Opportunity, motivation, pressure
   	IV.	Pressure, motivation, process

3 points   

QUESTION 20

1. The class video involving Walter Pavlo, what was the scheme that was used to defraud the organization?

   	I.	Collections being received were applied to a Fraudsters personal account
   	II.	Collection accounts were deleted
   	III.	Collections lapping scheme that worked by applying payments from a good customer to the accounts of those who had entered into the illegal arrangement with Fraudster.
   	IV.	Fraudster changed financial reports to reduce collection reported to SEC.

3 points   

QUESTION 21

1. Which of the following is not a red flag of a fraud perpetrator:

   	I.	Living beyond their means
   	II.	Excessive organizational pressure
   	III.	Conducting excessive meetings with other departments
   	IV.	Experiencing financial difficulties

3 points   

QUESTION 22

1. Complete the following statement below: Fraud is any _____ or _____ designed to deceive others, resulting in the victim suffering a loss and/or the perpetrator achieving a gain.  

   	I.	Omission, intentional error
   	II.	Intentional act, omission
   	III.	Unintentional act, omission
   	IV.	Act regardless of intention, omission

Please provide a quality and complete solution. If you do, then don't forget to mention your email in the comments. I will send a nice tip through paypal. Thanks :)

COMPARE AND CONTRAST EMR!

Project = Web Research: Find at least two different Electronic Medical Records providers or Personal Data Records providers.

Provide some details and compare and contrast the systems. 3 pg min, 5 pg max.

Preferable one public or free system vs. paid provider.

Some public choices are open source EMR providers such as VistA derived from the VA system etc. Information on EPIC will not be accepted as this may be included in one of your classes already.

Analyze the capital market scenario of the following countries and indicate (mention) what form of market efficiency is observed in these capital markets under Efficient Market Hypothesis (EMH)?

• Country A : Prices already reflect all PAST information.
• Country B:   Prices not only reflect the history of prices but all publicly available information.
• Country C:   Prices reflect all available information, regardless of them being public or private.

Identify the difference between technical and fundamental analysis and Efficient Market Hypothesis (EMH) implication for each type of analysis

Owner of an auto repair shop hires Contractor to remodel his shop but does not mention that two days after the scheduled completion date, Owner is to receive five small US Army personnel carrier trucks for service, with a three-week deadline to finish the job and turn the trucks over to the army. The contract between Owner and the army has a liquidated damages clause calling for $300 a day for every day trucks are not operable after the deadline. Contractor is five days late in finishing the remodel. Can Owner claim the $1,500 as damages against Contractor as a consequence of the latter’s tardy completion of the contract? Explain.

1.6) Mention the business implications of performing ANOVA for this particular case study.

During a Skype session with Jordan and Taylor, you mention that your current cost model in accounting is break-even analysis. They are not following your explanation, but they say they will swing by with some brownies for a discussion. More brownies! This is paying off, except for those extra pounds.

Selling price to Yumminess at $10 per tin. The cost is $8 per tin, which includes $6 of direct material and $1.50 of direct labor. Annual manufacturing overhead is estimated at $100,000 for the expected sales of 200,000 tins. Operating expenses are projected to be $80,000 annually.

After looking over the costs for manufacturing overhead and operating expenses, you approximate that 85% of manufacturing overhead and 20% of operating expenses are variable costs.

1. What is the TOTAL fixed cost?

2. What is the TOTAL variable cost?

3. What is the contribution margin per UNIT? ( Do not round)

4. How many units are necessary to reach break - even?

5. Jordan is concerned that they will not be able to sell 200,000 tins of brownies. Given 200,000 tins as their expected sales level, what is the decrease of total sales dollars that they endure before they incur a net loss?