Occupational health and safety (OH&S) is an important aspect of the operation of every food service facility - regardless of size.

1) How has safety been discussed in your workplaces? (As usual, if you don't have work experience - interview a friend or family member) (2 examples - 2 marks)

2) After learning this week, If you were the manager how would you improve it? (2 marks - 2 examples)

Conduct an interview with an Estate Planning Attorney utilizing the internet, friend, relative, or personal connection. Ask them the following:

* Note: Please do not only define the terminology. I need thorough explanations of the question accompanied by the interviewee's opinion and advice of the content. 2 paragraphs minimum.

There are a series of 6 questions that I will post in 6 separate post questions.

Question #1 - What is the importance of estate planning in today's world?

Please discuss the following question in your own words 400 word on the following question.

Choose a real health care organization to study. Interview 1 key leader who is involved in the organization's health care delivery. Based on questions asked and answers given, the report will summarize the questions and answers and then present detailed information evaluating the following: proposed operational changes, and how these changes may impact operations and budgets.

You want to determine if there is a relationship between birth order (first, or second child in the family) and current relationship status. You interview 1000 people who are all either 1st, or 2nd born in their family and group them as follows: (i) never been in a relationship, (ii) in a committed relationship, (iii) in a casual relationship, (iv) was in a relationship, but currently unattached, (v) pursuing multiple relationships.

A) type out the rules for your analysis

As businesses increasingly emphasize workplace ethics, you may be asked in an interview to tell about a time when you were challenged ethically. One workplace compliance officer advised candidates not to respond that you have never faced an ethical challenge. "You want a candidate," he said, "who avoids misconduct, not someone who lies and says they've never done anything wrong." Do you agree?

4. Overhead Door (OD) Corporation’s founder, C. G. Johnson, invented the upward-lifting garage door in 1921 and the electric garage door opener in 1926. Since then OD has been a leading supplier of commercial, industrial, and residential garage doors sold through a nationwide network of more than 450 authorized distributors. They have built a solid reputation as a premier door supplier, commanding 15 % share of the market.

Suppose that customers assess door quality first in terms of the ease of operation, followed by its durability. The quality improvement team (QIT) might then assign an engineering team to determine the factors that contribute to these two main problems.

Smooth operation of a garage door is a critical quality characteristic that affects both problems: If a door is too heavy, it’s difficult and unsafe to balance and operate; if it’s too light, it tends to buckle and break down frequently or may not close properly.

Suppose the design engineers determine that a standard garage door should weigh a minimum of 74 kg. and a maximum of 86 kg., which thus specifies its design quality specification. QIT is inspecting if there is evidence that the percentage of defective doors does not exceed 7%. Suppose the QIT decides to collect data on the actual weights of 60 standard garage doors sampled randomly from their monthly production of almost 2,000 doors. See the tables on the next page.

4.1 (2 point) What is the sample defective rate ?

4.2 (2 points) Formulate and test an appropriate set of hypotheses to determine if the machine can be qualified. Use α = 0.05. Find the P-value.

4.3 (2 points) What is the 95% confidence interval?

4.4 (2 points) What is the 99% confidence interval?

Table 2:

Gundagai Ltd was incorporated on June 30, 2019. On July 1, 2019, the company issued a prospectus offering 300,000 ordinary shares at an issue price of $10, payable on the following terms.

• $3 on application
• $3 on allotment
• $2 on the first call
• $2 on the second call

A summary of the applications and allotments register follows.

The application process was completed on August 31, 2019, and the shares were allotted to all applicants on September 1, 2019. All money received more than the amounts due on application where applied to amounts due on allotment and calls. Where appropriate, refunds of application money were made. All allotment money was received by September 30, 2019.

On November 1, 2020, Gundagai Ltd’s directors made a call of 42c per share, payable by November 30, 2020. By December 31, call money had not been received from holders of 25,000 shares.

Required:

Prepare journal entries to record the above events. No Post Ref required. Refer to the provided Chart of Accounts for the appropriate account names.

Gundagai Ltd was incorporated on June 30, 2019. On July 1, 2019, the company issued a prospectus offering 300,000 ordinary shares at an issue price of $10, payable on the following terms.

• $3 on application
• $3 on allotment
• $2 on the first call
• $2 on the second call

A summary of the applications and allotments register follows.

The application process was completed on August 31, 2019, and the shares were allotted to all applicants on September 1, 2019. All money received more than the amounts due on application where applied to amounts due on allotment and calls. Where appropriate, refunds of application money were made. All allotment money was received by September 30, 2019.

On November 1, 2020, Gundagai Ltd’s directors made a call of 42c per share, payable by November 30, 2020. By December 31, call money had not been received from holders of 25,000 shares.

Required:

Prepare journal entries to record the above events. No Post Ref required. Refer to the provided Chart of Accounts for the appropriate account names.

Question 6 Audit Report

Before the audit report was signed, the audit team encountered the following situation. Treat each situation independently and assume the remaining financial statements are fine.

1) A property owned by Cook’s Furniture Ltd was sold to Lidia Preston, the wife of Howard Cook in June 2020 (refer to case description in part A). The property has a market value of four million and was sold at 3.2 million. Management did not disclose this in the financial statement because they believed this was a private matter. The disposal of this asset has been appropriately accounted for on the financial statements (e.g. the asset was removed from PPE and the loss of disposal was correctly recognized as an expense).

2) The subsequent selling price of the ready-made furniture range suggests the inventory valuation as of 30 June 2020 should be written down by $48,000 but management only wrote $38,000 off as per the financial statements because they were confident that they can increase the selling price again in 2021 after people settling back to normality.

3) Carl Cook decided to retire in 2021 due to health reasons, Carl is willing to sell his shareholding to the remaining shareholders. However, the BoD decided to explore the potential of selling the business. By the time to sign the 2020 financial statements, the company has not commenced negotiations with any potential buyer. The BoD said to the auditor that they may not sell the business if they cannot get a good deal. Carl’s retirement decision is disclosed on the financial statements, but not the intention to sell the business.

REQUIRED: For each of the above situation:

a) Discuss the audit procedure that the auditor needs to perform in relation to each situation.

b) Explain which audit opinion is appropriate for each situation.

Assume that IBM leased equipment that was carried at a cost of $120,000 to Sharon Swander Company. The term of the lease is 6 years beginning January 1, 2020, with equal rental payments of $28,430 at the beginning of each year. All executory costs are paid by Swander directly to third parties. The fair value of the equipment at the inception of the lease is $145,000. The equipment has a useful life of 6 years with no residual value. The lease has an implicit interest rate of 7%, no bargain-purchase option, and no transfer of title. Collectibility is reasonably assured with no additional cost to be incurred by IBM.

The present value of an annuity due, 6 years, 7% is 5.10020