Public corporations are led by CEOs and other upper-echelon leaders who, in turn report to shareholders and board of directors (BODs). Interestingly, even though the board overseas the CEOs, decides on the terms of employment and salaries, and monitors their performance, the CEOs are, more often than not, the people who nominate board members. The justification is that CEOs are well placed to know what type of expertise they need on the board and should have a BOD they can work with. The relationship between BOD and CEO is a complex and interesting one.
What are the potential ethical and conflict of interest issues arising from CEO involvement in the selection of board members?
How can these issues be addressed?
cite a minimum of one outside source.
In: Operations Management
Consider this FOB Destination- FOB Shipping Point scenario:
Brian Inc. sold $1,000,000 worth of inventory/merchandise to Lisa Enterprises on Feb 14, 2020.
The inventory was loaded onto a truck and shipped from Cali to NY that same day- Feb 14, 2020
It is expected to arrive in NY on Feb 14, 2020
Based on the shipping documents this shipment to NY is being sent FOB Destination
Who does the $1,000,000 worth of inventory/ merchandise belong to on Feb 18, 2020 while the shipment is in transit from Cali to NY- Brian Inc. or Lisa Enterprises?
a. The inventory still belongs to Brian Inc. on Feb 18,2000
b. The inventory belongs to Lisa Enterprises
c. No answer text provided
2. Failure to prepare and record an adjusting entry, at the end of a reporting period, can cause financial statements to be misleading. If the accountants does not record additional revenue earned on the last day of the reporting period (assume a new sale):
a. Net Income will be overstated (artificially high)
b. No answer text provided
c. Liabilities will be understand (artificial low)
d. Revenues will be understand (artificially low) and assets will be understand (artificially low)
3. Is Match the user group to their classification external or internal users?
4. A company (the purchaser) uses the perpetual inventory method….and pays the transportation/ shipping costs to bring that inventory to their physical warehouse. This transportation/shipping costs would impact the accounting records as follows:
a. Inventory account is not affected
b. Freight-in accounts is increased
c. nventory account is increased
d. Delivery Expense account is increased
In: Accounting
Exchange vs Nonexchange Transactions
Classify each transaction below as exchange or nonexchange. If it is a nonexchange transaction, classify it in one of the four categories of nonexchange transactions. Explain your answer.
1. Merchant collects state cigarette tax on sale of a pack of cigarettes.
2. State reimburses schools for costs related to special education of handicapped children. The school must verify eligibility of the children.
3. State fines for hunting illegally on protected state wildlife preserve.
4. City property taxes are paid by owner.
5. Hotel tax is collected at checkout.
6. Donor provides $300,000 to a city homeless shelter and specifies $100,000 may be spent each year.
7. County landfill collects fee from citizen dumping trash.
8. Income tax is withheld from an employee's paycheck.
9. A business donates cash for scholarships to a public university and specifies the scholarships must be for study abroad.
10. A corporation makes a grant to a public university to conduct research on genetics coding, and the university agrees to give the corporation all patent rights on results of the genetic coding research.
In: Accounting
Consider whether the United States economy has benefited as the result of US participation in GATT and the WTO.Would the US economy benefit from restricting the importation of foreign goods
In: Economics
Central Bank (US Federal Reserve Bank): Please explain in mircrosoft word/ typing format
1.Explain US Banking History from 1776 to 2017.
In: Economics
A state’s Department of education reports that 43 percent of all college students in the state are foreign students. The state university wonders if the state’s claim is valid for diversity purposes. Admission officers from the university want to ensure that a significant portion of the applicants accepted were in fact foreign students. They sampled over 6,000 recently admitted students to gain an estimate for their university.
A) The admissions officers want to estimate the true percentage of foreign students on campus to within ±5%, with 95% confidence. How many applications should they sample?
B) They actually select a random sample of 550 applications, and found that 45%were foreigners. Create the 90 percent confidence interval. Be sure to verify the conditions.
C) Interpret what 90% confidence means in this context.
D) Should the admissions officers conclude that the percentage of foreign students in the college is lower than statewide enrollment rate of 43%? Explain.
In: Statistics and Probability
A survey at Evashevski University showed that 75% of the student body believes that the school offers classes at appropriate times during the school day. To investigate with this feeling is shared by students specifically within the business department, the department polled a sample of 100 business students; 64 said they thought that classes were offered at appropriate times during the school day.
Use an α = .10.
A. Provide the appropriate hypothesis test criteria:
|
B. Using the data from the sample, answer the five fill-in-the-blank questions, and make the correct hypothesis test conclusion.
| Reject Ho if the test statistic of | is |
|
the critical value of | ||
| Reject Ho if the p-value of | is | < | the value of α of |
Based on these results, we should:
Reject Ho
Accept Ho
C. What does this poll say about business students at Evashevski University, compared to their peers at the university as a whole?
In: Statistics and Probability
statistics and probability questions, solve clearly, show steps and in 30 minutes for thumbs up vote
A government report on remuneration for university
administrators in Canada lists average salaries for various
executive roles. The total annual salary for university presidents
is listed as $500,000. To test this reported figure, at LOC = 95%,
a random sample of 16 Canadian university presidents’ total annual
salaries was collected. The raw data is below (in $/year):
618,000, 464,000, 686,000, 500,000, 746,000, 704,000, 596,000,
629,000,
523,000, 756,000, 561,000, 608,000, 691,000, 663,000, 529,000,
442,000.
a) Find the mean and standard deviation using a spreadsheet.
b) Assess the government report’s claim, using the critical-value
method.
c) Use the p-value method to determine if there are any
commonly-used LOC values for which the conclusion would be opposite
to your answer from Part (a).
In: Statistics and Probability
Consider the following set of requirements for a university
information system that is used to keep track of students’
transcripts.
R1: The university keeps track of each student's name, student
number, class, and degree program.
R2. The university consists of various departments. Each department is described by a name, department code and phone.
R3. Each course has a course number, course name, and credits.
R4. Each section has an instructor, course number, and section
number. There might be multiple sections of each course offered in
the semester.
The other requirements for this application are:
R5: An administrator can update the courses to be taught by instructors, and enter the list of students taking a course.
R6: An instructor can enter and update the grades of the course(s) taught by this instructor.
R7: A student can request a grade report from the information system.
REQUIRED
In: Computer Science
The British national healthcare system owns many hospitals and directly employs workers. General practitioner salaries are set by the British government. The funding for healthcare services comes mostly from the government. This is significantly different from the US healthcare systems. Consider the issues with government healthcare programs in financing and administration. Address the following:
Would the US be able to transit to the British style of national healthcare? Why or why not?
In comparison to the British system and US system, what would be some of the challenges the US would face in adopting a national healthcare system? Discuss at least three challenges.
Keep between 150-300 words
In: Nursing