Liquidity risk is a major concern for some financial institutions. For this discussion, take the position of a bank CEO. What are the best options to implement to reduce the liquidity risk and to make sure the core deposits are not drained? Explain.

Read: The Real World 16.2 "Joie de Vivre CEO Uses Maslow's Pyramid to Change Culture"

Utilizing this theory how could you apply the same to your current position or future position

Assume that you are the chief Executive officer (CEO) of X organization and you wanted to involve consumers with the control of ethical behavior of business leaders? Explain how could you develop and implement a plan to acheive that?    

Strategic Management and Org. Leadership :

You are the CEO of a medium-sized business dealing with the challenges of the Covid-19 Pandemic. Using SPECIFIC topics covered in this course. How would you address staff employment?

A poll of 1021 U.S. adults split the sample into four age​ groups: ages​ 18-29, 30-49,​ 50-64, and​ 65+. In the youngest age​ group, 60​% said that they thought the U.S. was ready for a woman​ president, as opposed to 37​% who said​ "no, the country was not​ ready" (3% were​ undecided). The sample included 255​18- to​ 29-year olds.

​a) Do you expect the 90% confidence interval for the true proportion of all​ 18- to​ 29-year olds who think the U.S. is ready for a woman president to be wider or narrower than the

90

​%

confidence interval for the true proportion of all U.S.​ adults?

​b) Construct a

90

​%

confidence interval for the true proportion of all​ 18- to​ 29-year olds who believe the U.S. is ready for a woman president.

​a) The

90

​%

confidence interval for the true proportion of​ 18- to​ 29-year olds who think the U.S. is ready for a woman president will be about

▼

twice

equally

four times one-fourth one-half as wide as the 90% confidence interval for the true proportion of all U.S. adults who think this.

​b) The 90% confidence interval is ( % , % )

.​(Round to one decimal place as​ needed.)

Using the acquisition method, prepare the necessary journal entries and a consolidating worksheet the Richard will make if Kathy retains separate legal incorporation and maintain its own accounting systems. The market price of Richard Company's stock on the day of the acquisition is $45 per share.

Additional information:

On 12/31, Richard issues 40,000 shares of its $20 par value common stock for all of the outstanding shares of Richard Company.

As par of the acquisition agreement, Richard agrees to pay the former owners of Kathy Company $350,000 if certain profit projections are realized over the next three years. Richard calculates the acquisition date fair value of this contingency at $150,000.

In creating this combination, Richard pays $15,000 in stock issue costs and $25,000 in accounting and legal fees.

QUESTION 1 (IFAC CODE OF CONDUCT) (30)
Registered auditors are frequently tasked with situations with ethical implications in the course of offering their services. The Code of Professional Conduct provides a conceptual framework to assist registered auditors in addressing ethical issues. The following situations have arisen:

1. Abbott and Company, a large firm has been the auditor of Circle (Pty) Ltd for a number of years. Circle (Pty) Ltd intends to issue fifty $100 000 convertible debentures. Dave Abbott and Joe Peterson, the two partners of Abbott and Company, will be offered the opportunity to each take up one of the debentures. Neither Abbott nor Peterson is in charge of Circle (Pty) Ltd audit. (5)
2. Fred Romano a former trainee at Abbott and Company, has recently been appointed the financial manager of Buildfast Ltd, a large supplier of building materials. Buildfast Ltd is an audit client of Abbott and Company and before his resignation from the firm, Fred Romano had been the audit manager for this client. From Romano, Fred’s twin sister will be appointed as the audit manager to replace Fred, due to her experience in the building sector. (7)
3. Two of the younger partners at Abbott and Company want to be more aggressive in marketing the services of Abbott and Company. They wish to run a radio and television advertising campaign based around a new slogan which they have proposed “Abbott and Company – bigger, better, in fact, brilliant!” (3)

YOU ARE REQUIRED TO:
a. Identify and explain the fundamental principles on which the Code of Professional Conduct is based and with which professional accountants must comply. (15)
b. Explain the conceptual framework. (5)
c. Discuss each of the situations described above in terms of the Code of Professional Conduct. Where you believe a threat or potential threat to compliance with the fundamental principles exists, you should identify the nature (category) of the threat. (15)

QUESTION 1 (IFAC CODE OF CONDUCT) (30)
Registered auditors are frequently tasked with situations with ethical implications in the course of offering their services. The Code of Professional Conduct provides a conceptual framework to assist registered auditors in addressing ethical issues. The following situations have arisen:
1. Abbott and Company, a large firm has been the auditor of Circle (Pty) Ltd for a number of years. Circle (Pty) Ltd intends to issue fifty $100 000 convertible debentures. Dave Abbott and Joe Peterson, the two partners of Abbott and Company, will be offered the opportunity to each take up one of the debentures. Neither Abbott nor Peterson is in charge of Circle (Pty) Ltd audit. (5)
2. Fred Romano a former trainee at Abbott and Company, has recently been appointed the financial manager of Buildfast Ltd, a large supplier of building materials. Buildfast Ltd is an audit client of Abbott and Company and before his resignation from the firm, Fred Romano had been the audit manager for this client. From Romano, Fred’s twin sister will be appointed as the audit manager to replace Fred, due to her experience in the building sector. (7)
3. Two of the younger partners at Abbott and Company want to be more aggressive in marketing the services of Abbott and Company. They wish to run a radio and television advertising campaign based around a new slogan which they have proposed “Abbott and Company – bigger, better, in fact, brilliant!” (3)
YOU ARE REQUIRED TO:
a. Identify and explain the fundamental principles on which the Code of Professional Conduct is based and with which professional accountants must comply. (15)
b. Explain the conceptual framework. (5)
c. Discuss each of the situations described above in terms of the Code of Professional Conduct. Where you believe a threat or potential threat to compliance with the fundamental principles exists, you should identify the nature (category) of the threat. (15)

Vollie Company, is a packaging company and implementing waste management. The company making boxes from timber. Legally, the company can damp the scrap of the timber to the Resource Recovery Centers. Milena, the CEO of the company has high awareness of environment safety. She is considering recycling the timber waste. Milena is thinking of buying a machine, which process the scrap timber to paper. The paper can be sold as an additional product line. This investment requires $ 4 500 000. It is estimated that this machine will last eight years, and it is estimated at the end of eight year the machine can be sold for 300,000. The expected annual incremental income of selling papers as follow:

YEAR INCOME

1: $3 200 000

2 :3 500 000

3 :3 900 000

4 :4 100 000

5 :4 900 000

6 :4 500 000

7 :4 200 000

8 :4 100 000

Vollie has a cost of capital equal to 12%. The company applies a straight-line depreciation method.

1. Compute the payback period (1 mark)

2. Calculate the NPV of the proposed project

3. Based on payback and NPV, provide your opinion, should accept or reject the project.  Justify your answer   (1 mark).

4. Explain the impacts of your decision in (3) to the business sustainability/environmental performance