Questions
Switch gears and find the CAFR of a college or university.  Note: it may be hard to...

Switch gears and find the CAFR of a college or university.  Note: it may be hard to find one for private institutions.    
What funds does this institution use regularly and for what purposes?

In: Accounting

Develop outlines showing how trends like workforce diversity, technological innovation, globalization, and changes in the nature...

Develop outlines showing how trends like workforce diversity, technological innovation, globalization, and changes in the nature of work have affected the college or university you are attending now.

In: Psychology

Read the following and answer the related questions that follow it. Auric plc is a mining...

Read the following and answer the related questions that follow it.

Auric plc is a mining company, whose main business consists of open cast
mining. It has Articles of Association that are in the form of model Articles. The
board of directors includes Penny, Howard and Emily.

At a recent board meeting, the directors considered an offer from Trek Mines
plc to sell land adjoining one of Auric plc’s mining sites for £550,000. The
board of Auric plc decided that the company should not accept the offer as it
doubted whether it could raise the finance needed to buy the land. Penny then
formed her own company, Gold Ltd, which purchased the land for £550,000. At
the same meeting, the directors discussed a proposed contract with Texas plc,
which is being considered to survey a plot of land recently purchased by Auric
plc. Howard owns 10% of the shares in Texas plc, but did not reveal his interest
at the board meeting.


Emily has an arrangement with Comic plc whereby she receives a 10%
commission for all orders placed with it by Auric plc. Six months ago, Auric plc
purchased some drilling equipment from Comic plc for £100,000, for which
Emily was paid £10,000 commission.

The shareholders of Auric plc have discovered these facts, and they have
passed an ordinary resolution directing the board of directors to commence
legal proceedings against Penny, Howard and Emily.

1.

Which one of the following generally has the customary authority to bind the company?

Group of answer choices

A non-executive director

Any individual director

The chairperson

The managing director

2.

The duty of care, skill and diligence contained in s174 was inspired by which offence?

Group of answer choices

Wrongful trading (s214(4) IA 1986)

Insider dealing

Market abuse

Fraudulent trading

3.

The duty of care, skill and diligence is measured by looking at the objective element - the care, skill and diligence of the reasonable director; and the subjective element looking at the actual director in question's knowledge and experience.

Group of answer choices

True

False

4.

Two non-executive directors were found to be negligent in Dorchester Finance v Stebbings this was because :

Group of answer choices

A director used two blank cheques handed to him by the two non-executives and he used them to misappropriate funds

A director signed two blank cheques handed to him by the two non-executives who used them to misappropriate funds

The non-executive directors were accountants and should have known better

The non-executive directors were accountants

5.

How was the director found negligent in Re D'Jan of London Ltd?

Group of answer choices

The form was filled in by his insurance broker and therefore he did not need to check it

He didn't check the renewal insurance form before signing it

He showed reasonable diligence when he signed the form

A director must always read the whole of every document which he signs

In: Accounting

If you purchased “canned” software, but it must be modified to suit the needs of your...

If you purchased “canned” software, but it must be modified to suit the needs of your company, who should do the modifications – your programmers or the vendor?

“Benchmarking” is recommended as a way of making a purchasing decision among several possible software products for your company. Define “benchmarking” in this context.

In: Accounting

: You are the HR Director for a company that employs self-managed work teams who operate...

: You are the HR Director for a company that employs self-managed work teams who operate assembly lines to produce televisions. Due to a wave of interpersonal problems in your workplace, the top brass have asked you to find a way to hire only individuals who can work well in teams (they expect to screen 5000 applicants during the next hiring cycle). You contacted some of the local consulting companies and found five companies who have each created a test that they say will predict which of your job applicants would work best in teams. A summary of their brochures is provided below.

For each of the five companies/tests, your first task is to evaluate their test and describe the “pros and cons” of each as a potential hiring solution (given the information they provide). Think about each with regard to cost, reliability, validity, and generalizability (see your textbook and the class PowerPoint notes).  

Employment Services, Inc. ($10 / applicant). ESI originally created this test to be used to predict teamwork behaviors of lawyers working on cases together. They found that scores on their test (which had an internal consistency reliability of .81) correlated with supervisor ratings of teamwork (r = .26).

The Jones Group ($6 / applicant). The Jones group is a France-based consulting company that has recently opened an office in the U.S. They’ve been using a test to predict teamwork behaviors of factory workers in French companies. The test, which has a test-retest reliability of .92, has been found to be correlated with supervisor ratings of teamwork behaviors (r = -.62).

Teamwork Unlimited ($8 / applicant). TU recently constructed this test and used it to select individuals to work in self-managed work teams at a factory that manufactures televisions (not yours). Their brochure features a testimonial from the CEO of that company, who said: “before I used the Teamwork Unlimited Teamwork Test ™, we had fights among our employees all the time. Since we’ve been using the TUTT to screen out those who aren’t team players, we haven’t had a single altercation among our employees.”

Smith Business Solutions ($8 / applicant). SBS originally designed their study to predict the teamwork behaviors of auto workers in Detroit, but have begun to market their test to other industries. In their sample of auto workers, they found that their teamwork test correlated with supervisor ratings of job performance (r = .45), and it had a coefficient alpha of .57.

Miller Consulting Company ($7 / applicant). MCC is owned by Bob Miller, one of the leading I-O psychologists who specialize in teams. Miller recently wrote a paper outlining his theory of Teamwork Skills, which has generated a lot of interest among both academics and consultants. MCC created a test for teamwork skills, using the types of characteristics that Miller’s theory predicted would be associated with teamwork behaviors. MCC administered the test to a sample of administrative assistants and found the test-retest reliability to be .71.

In: Statistics and Probability

3-1 Fast Pizza hires college students who drive their own cars to deliver pizzas to customers....

3-1 Fast Pizza hires college students who drive their own cars to deliver pizzas to customers. Fast Pizza is concerned that the company may be liable for damages caused by the company employees while they are driving their cars on company business. Identify a liability coverage form that Fast Pizza could purchase to deal with this exposure. Explain your answer.

In: Finance

Mr Lee, an Information Technology senior executive from mainland China, was under an employment contract in...

Mr Lee, an Information Technology senior executive from mainland China, was under an employment contract in Malaysia with MSC Sdn Bhd since 1 November 2014. Since then,his pattern of stay until he left Malaysia permanently on 31 December 2019 was as follows:

Period of stay                                                             Place of stay

01 November 2014 to 31 December 2015                  In Malaysia

01 January 2016 to 31 August 2016                           In New Zealand, staying with his uncle

01 September 2016 to 19 September 2016                 In HK visiting mother who was seriously ill

20 September 2016 to 03 February 2017                   In Malaysia

04 February 2017 to 31 August 2017                         In France to undertake a company project

01 September 2017 to 17 November 2018                 In Malaysia

18 November 2018 to 30 November 2018                 In China (13 days) for a vacation

01 December 2018 to 31 December 2019                  In Malaysia

Required:

(a)     Determine the residence status of Mr Lee for Years of Assessments 2014 to 2019 under the Income Tax Act (ITA) 1967.

(Your answer should state the relevant legislation under the ITA 1967)

P/S: EXAMPLE ANSWER (a) WILL BE LIKE THIS .

Year

Total days present in Malaysia

Status

resident / non-resident

Section

Section 7(1)(a), Section 7(1)(b), Section 7(1)(c),Section 7(1)(d)

Explanation

2014

190 Days

Resident

Section 7(1)(a)

jane is resident for the 3 immediately preceding basis years.Under this category, an individual can be a resident in Malaysia even though he might never actually have been in Malaysia at all during that basis year.


(b)     Distinguish the requirements between Sections 7(1)(b) and 7(1B) of the ITA 1967.

       

In: Accounting

Company: Apple Discussion Question Chapter 7: Customer Profile Instructions Write a post for the Discussion Forum...

Company: Apple

Discussion Question Chapter 7: Customer Profile Instructions Write a post for the Discussion Forum on this topic, addressing the questions below. Each part should be 1–2 paragraphs or several bullet points in length. Part 1: Identifying the Customer and Problem Describe a primary decision maker in your target segment: who they are, what they like, how they make buying decisions. Describe the primary problem(s) your organization, product or service will help them solve. Part 2: Factors Influencing Customer Decisions Provide a brief profile of your target segment using at least three of the following categories: Geographic characteristics: e.g., location, region, population size or climate. Personal and demographic characteristics: e.g., age, gender, family size, family life stage, income, personality. Social and Psychological characteristics: e.g., culture, social class, lifestyle, motivation, attitudes, reference groups, beliefs. Situational characteristics: e.g., buying situation, level of involvement, market offerings, frequency of use, brand loyalty. B2B/organizational buying considerations: e.g., individual factors, organizational factors, business environment factors, types of complexity Part 3: Reaching the Customer Based on this profile, identify 2–3 marketing strategies or tactics you believe would be effective at reaching this target segment, and briefly explain why they are a good fit. Part 4: Respond to Classmates’ Posts After you have created your own post, look over the discussion forum posts of your classmates and respond to at least two of them. Part 5: Incorporate Feedback Review the feedback you receive from classmates and your instructor. Use this feedback to revise and improve your work before submitting it as part of the “Marketing Plan, Part 2” assignment.

In: Operations Management

Scenario Sheila is an engineering student at the Great University in Gainesville. She has developed an...

Scenario

Sheila is an engineering student at the Great University in Gainesville. She has developed an idea for a cellphone camera that takes photos of the user and then allows them to be placed in any scene they wish for posting to social media. Sheila believes this product will be highly successful, but she needs to determine how to start her business. She believes that she will start small, but will need to raise money for her projects at some point. If the product is as successful as she believes, then the company may need to sell shares of stock to raise capital for expansion.

Directions

What forms of business should Sheila consider and why?

Which form of business is the least likely to meet Sheila’s needs?

What are the tax consequences of the entity you are recommending?

In: Accounting

Long answer question [5 marks] Winnipeg district sales manager of Far End Inc. a university textbook...

Long answer question [5 marks]

Winnipeg district sales manager of Far End Inc. a university textbook publishing company, claims that the sales representatives makes an average of 40 calls per week on professors. Several representatives say that the estimate is too low. To investigate, a random sample of 28 sales representatives reveals that the mean number of calls made last week was 42 and variance is 4.41.

Conduct an appropriate hypothesis test, at the 5% level of significance to determine if the mean number of calls per salesperson per week is more than 40.

(a)     Provide the hypothesis statement
(b)     Calculate the test statistic value
(c)     Determine the probability value
(d) Provide an interpretation of the P-value (1 Mark)

In: Statistics and Probability