Questions
300 words Fundamental changes in globalization are emerging. We are living in an entirely new era,...

300 words

Fundamental changes in globalization are emerging. We are living in an entirely new era, a dynamic time of provocative and kinetic change. Accelerating and complex changes are transforming our world, but which ones are the most important?

How will these changes in globalization emerge, and why is it important?

https://www.forbes.com/sites/worldeconomicforum/2018/01/17/globalization-got-stuck-in-the-20th-century-heres-what-it-should-look-like-in-the-21st-century/#229863a1619a

In: Finance

Many have called for the auditor’s report to be more informative and relevant therefore many changes...

Many have called for the auditor’s report to be more informative and relevant therefore many changes happened in the auditor report in the last five years. especially ISA 706 , which is about “Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report. So you are required to show the reasons for the changes in ISA 706 and what is the impact of these changes on the auditor and other stockholders (Please write the answer so I can copy it)

In: Accounting

What is the purpose of using a 6-lead ECG as opposed to only 1 lead? Describe...

What is the purpose of using a 6-lead ECG as opposed to only 1 lead?

Describe the cascade of electrical activity through the heart with a normal sinus rhythm. What controls HR?

What changes are anticipated in an ECG recording in the transition from rest to exercise? What abnormal or pathological changes may occur in the transition from

rest to exercise?

How does body position affect HR? What is occurring physiologically to cause these changes?

In: Anatomy and Physiology

(A) Is it possible for a photon to emerge when a bound Hydrogen atom changes its...

(A) Is it possible for a photon to emerge when a bound Hydrogen atom changes its state from n = 6, ell = 3 to n = 3, ell = 2? If not, explain.

(B) Is it possible for a photon to emerge when a bound Hydrogen atom changes its state from n = 3, ell = 2 to n = 6, ell = 3? If not, explain.

(C) Is it possible for a photon to emerge when a bound Hydrogen atom changes its state from n = 2, ell = 3 to n = 6, ell = 3? If not, explain.

(D) Is it possible for a photon to emerge when a bound Hydrogen atom changes its state from n = 6, ell = 7 to n = 3, ell = 2? If not, explain.

In: Physics

Balance payment of china. Analyze the time-series data of Balance of Payment of China (Since 2010)....

Balance payment of china.

Analyze the time-series data of Balance of Payment of China (Since 2010). Discuss the trend of changes in current, capital and financial accounts. Based on your observation, with other external economic information, what shall the policymakers do in responding to these changes?

You required to do.

1. Find the current, capital and financial accounts of china.

2. Describe thier trends of changes from 2010 to 2019.

3. Explain why there were such changes.

4. Advice to the policymakers about what shall be done based on the observations.

5. Discuss the balance of Payments in greater details. With evidence.

6. Discuss the implications on setting external economic policies.

(1000 words).

In: Economics

A survey of the members of a large professional engineering society is conducted to determine their...

A survey of the members of a large professional engineering society is conducted to determine their views on proposed

changes to an ASTM measurement standard. Overall 80% of the entire membership favor the proposed changes.

(a) If possible, describe the center, dispersion, and shape of the sampling distribution of the proportion of engineers for

samples of size 20 who favor the proposed changes. Explain your answer including which of these three aspects of

distribution you can & cannot describe and why.

(b) If possible, describe the center, dispersion, and shape of the sampling distribution of the proportion of engineers for

samples of size 50 who favor the proposed changes. Explain your answer including which of these three aspects of

distribution you can & cannot describe and why.

In: Math

If x1 and x2 are the factors of production of a typical firm, output price is...

If x1 and x2 are the factors of production of a typical firm, output price is p, price of x1 and x2 are w1 and w2, respectively and the firm’s production function is:

           f (x1, x2) = x1^3 x2^3

i. Write up firm’s short run and long run profit maximization problem. Show firm’s short run profit maximization graphically please.

ii. Using the information above can you write the cost minimization problem for this firm if the firm decides to produce y1 level of output? Please show graphically how the firm minimizes its costs. What is the alternative method we can use to find the optimal quantity of x1 and x2 to solve the cost minimization problem for the firm? Explain.

iii. If the firm’s factor demand functions for x1 and x2 are as follows:

   x1= p ^3/ (27 w1^2 w2)

   x2= p ^3/ (27 w1 w2^2)

a. How the optimal quantity of each input changes when price of input changes?

b. How the optimal quantity of one input changes when price of other input changes?

c. How the optimal quantity of each input changes when price of that input changes?


In: Economics

The standard recommendation for automobile oil changes is once every 5000 miles. A local mechanic is...

The standard recommendation for automobile oil changes is once every 5000 miles. A local mechanic is interested in determining whether people who drive more expensive cars are more likely to follow the recommendation. Independent random samples of 45 customers who drive luxury cars and 40 customers who drive compact lower-price cars were selected. The average distance driven between oil changes was 5187 miles for the luxury car owners and 5389 miles for the compact lower-price car owners. The sample standard deviations were 424 and 507 miles for the luxury and compact groups, respectively. Assume that the two population distributions of the distances between oil changes have the same standard deviation. You would like to test if the mean distance between oil changes is less for all luxury cars than that for all compact lower-price cars.

Let μ1 denote the mean distance between oil changes for luxury cars, and μ2 denote the mean distance between oil changes for compact lower-price cars. Suppose the test statistic for this case is -2. Calculate the p-value. Round your final answer to the nearest ten thousandth (e.g., 0.1234).

In: Statistics and Probability

Betty Vinson was the director of management reporting at WorldCom. She had worked there for five...

Betty Vinson was the director of management reporting at WorldCom. She had worked there for five years when the fraud was uncovered and received two promotions during that time. Vinson’s salary increased from $50,000 when she started to $80,000 in 2002. Vinson reported to Buford Yates, director of general accounting, who reported to David Myers, senior vice president and controller, who then reported to CFO Scott Sullivan. (See Figure 1 for an organizational chart.) A hard worker who often stayed late or brought work home, Vinson considered herself lucky to land the job at WorldCom, as it was located in her hometown of Clinton, Miss. Vinson graduated from Mississippi College in 1978 and married her college sweetheart, Tom Vinson, a printing-equipment salesman who earned $40,000 a year. The couple had one daughter and lived a typical suburban lifestyle. Prior to working at WorldCom, Vinson worked as an accountant for various banking enterprises in Louisiana and Kansas City from 1978 to 1996. She also earned the Certified Public Accountant (CPA) credential during that time.

Problems began to emerge in the telecommunications industry in the late 1990s. The industry had over expanded, and every company was beginning to feel the effects, including WorldCom. By 2000, WorldCom’s expenses were increasing faster than revenues. In September 2000, WorldCom had to find $828 million to meet earnings targets expected by Wall Street. Vinson and her accounting colleagues found $50 million, but it wasn’t nearly enough. Senior management instructed her and her accounting coworkers to reduce reserve accounts for line costs to cover this shortfall. Reserves had been set aside based on estimates of potential losses, but they needed to have enough reason to reduce the reserve. Meeting earnings targets wasn’t a valid reason. Sullivan pressed Myers and Vinson’s boss, Yates, to make this adjustment. Yates told his accounting team that he had reservations, too, but that Sullivan promised this was a one-time adjustment. They all agreed to go along with the accounting adjustment. Vinson felt uncomfortable with this and considered resigning. The corporate accounting department’s discomfort with the entries prompted Sullivan to call the accountants into his office. He used an analogy that WorldCom was an aircraft carrier, and they needed to land the planes that were in the air. He urged them to wait until the planes had landed, and then they could leave the company if they still wanted to. Sullivan assured them that nothing they would do was illegal and that it wouldn’t be repeated. After talking to her husband, Vinson decided against resigning because of her family’s dependence on her salary and health insurance. In April 2001, the gap in meeting earnings targets was $771 million. The reserve pools weren’t large enough to cover this gap. Sullivan’s new strategy was to shift line costs, recorded as expenses, to capital expenditure accounts. Yates objected. Sullivan insisted it was the only way to cover this gap. Vinson and her coworker both felt cornered; this was clearly fraudulent accounting. The only choices now were to resign or make the entries. The three-person accounting team identified the capital accounts to use, and Vinson made the entries to transfer the $771 million. She backdated entries to February in the computer system and then indicated to colleagues at WorldCom that she was going to look for another job. These entries continued quarterly through April 2002. The Securities & Exchange Commission (SEC) was informed of the problem in June 2002 as a result of the efforts of the WorldCom internal audit team. The SEC would ultimately charge CFO Scott Sullivan, Controller David Myers, and accountants Buford Yates, Troy Normand, and Betty Vinson. According to the SEC complaint: “At the direction of WorldCom senior management, Vinson and other WorldCom employees caused WorldCom to overstate materially its earnings in contravention of generally accepted accounting principles (GAAP) for at least seven successive fiscal quarters, from as early as October 2000 through April 2002. Vinson knew or was reckless in not knowing, that these entries were made without supporting documentation, were not in conformity with GAAP, were not disclosed to the investing public, and were designed to allow WorldCom to appear to meet Wall Street analysts’ quarterly earnings estimates

Paraphrase one of Yates’ arguments?

This argument best describes the ____________________________________ “reason and rationalization” of GVV because?

In response to Mr. Yate’s argument, Betty and Troy could have countered?

In: Operations Management

Betty Vinson was the director of management reporting at WorldCom. She had worked there for five...

Betty Vinson was the director of management reporting at WorldCom. She had worked there for five years when the fraud was uncovered and received two promotions during that time. Vinson’s salary increased from $50,000 when she started to $80,000 in 2002. Vinson reported to Buford Yates, director of general accounting, who reported to David Myers, senior vice president, and controller, who then reported to CFO Scott Sullivan. (See Figure 1 for an organizational chart.) A hard worker who often stayed late or brought work home, Vinson considered herself lucky to land the job at WorldCom, as it was located in her hometown of Clinton, Miss. Vinson graduated from Mississippi College in 1978 and married her college sweetheart, Tom Vinson, a printing-equipment salesman who earned $40,000 a year. The couple had one daughter and lived a typical suburban lifestyle. Prior to working at WorldCom, Vinson worked as an accountant for various banking enterprises in Louisiana and Kansas City from 1978 to 1996. She also earned the Certified Public Accountant (CPA) credential during that time.

Problems began to emerge in the telecommunications industry in the late 1990s. The industry had over expanded, and every company was beginning to feel the effects, including WorldCom. By 2000, WorldCom’s expenses were increasing faster than revenues. In September 2000, WorldCom had to find $828 million to meet earnings targets expected by Wall Street. Vinson and her accounting colleagues found $50 million, but it wasn’t nearly enough. Senior management instructed her and her accounting coworkers to reduce reserve accounts for line costs to cover this shortfall. Reserves had been set aside based on estimates of potential losses, but they needed to have enough reason to reduce the reserve. Meeting earnings targets wasn’t a valid reason. Sullivan pressed Myers and Vinson’s boss, Yates, to make this adjustment. Yates told his accounting team that he had reservations, too, but that Sullivan promised this was a one-time adjustment. They all agreed to go along with the accounting adjustment. Vinson felt uncomfortable with this and considered resigning. The corporate accounting department’s discomfort with the entries prompted Sullivan to call the accountants into his office. He used an analogy that WorldCom was an aircraft carrier, and they needed to land the planes that were in the air. He urged them to wait until the planes had landed, and then they could leave the company if they still wanted to. Sullivan assured them that nothing they would do was illegal and that it wouldn’t be repeated. After talking to her husband, Vinson decided against resigning because of her family’s dependence on her salary and health insurance. In April 2001, the gap in meeting earnings targets was $771 million. The reserve pools weren’t large enough to cover this gap. Sullivan’s new strategy was to shift line costs, recorded as expenses, to capital expenditure accounts. Yates objected. Sullivan insisted it was the only way to cover this gap. Vinson and her coworker both felt cornered; this was clearly fraudulent accounting. The only choices now were to resign or make the entries. The three-person accounting team identified the capital accounts to use, and Vinson made the entries to transfer the $771 million. She backdated entries to February in the computer system and then indicated to colleagues at WorldCom that she was going to look for another job. These entries continued quarterly through April 2002. The Securities & Exchange Commission (SEC) was informed of the problem in June 2002 as a result of the efforts of the WorldCom internal audit team. The SEC would ultimately charge CFO Scott Sullivan, Controller David Myers, and accountants Buford Yates, Troy Normand, and Betty Vinson. According to the SEC complaint: “At the direction of WorldCom senior management, Vinson and other WorldCom employees caused WorldCom to overstate materially its earnings in contravention of generally accepted accounting principles (GAAP) for at least seven successive fiscal quarters, from as early as October 2000 through April 2002. Vinson knew or was reckless in not knowing, that these entries were made without supporting documentation, were not in conformity with GAAP, were not disclosed to the investing public, and were designed to allow WorldCom to appear to meet Wall Street analysts’ quarterly earnings estimates

Paraphrase one of Yates’ arguments?

This argument best describes the ____________________________________ “reason and rationalization” of GVV because?

In response to Mr. Yate’s argument, Betty and Troy could have countered?

In: Operations Management