Your company has a marketing director named Walter who is under a lot of pressure to come up with a new strategic plan for the company to enter a new market. Walter knows that he needs a lot of time to complete the plan, but has difficulty establishing periods of uninterrupted time at work because of meetings with clients and other staff members, as well as questions from employees. He is considering several options, including (a) working at home during the day to avoid interruptions; (b) delegating parts of the plan to his subordinates; or (c) working on the plan on weekends. The director has come to you for advice.

a. What factors (pros and cons) should he consider in making this decision? Is there another option he should consider? If so, what is it?

b. Finally, what option would you recommend, and why?

Subject: Professional ethics in computing

Question

You lead a group of five software engineers involved in the testing of a new product. Your manager tells you that because of a company-wide layoff, you need to give notice to one member of your team. From your interactions with the team members, you can easily identify the two members who are least productive, but you are not sure which of them you should lay off. You know that the company keeps track of all Internet traffic to each person’s computer, although you have never shared this information with your team. You could use this information to determine how much time, if any, these two employees are spending surfing the Web. Is it wrong to access these records?

GAAP is the accounting standard used in the US, while IFRS is the accounting standard used in over 110 countries around the world. GAAP is considered more rules based and IFRS is more principles based. Which standard do you feel is best suited for the US and if the SEC decides to switch over to IFRS how will that affect US companies?

Express the fiscal and monetary policies as well as their combined use in the IS/LM model. While observing "The US recession of 2001", think through the effectiveness of the policy mix adopted to aid recovery. Then consider the recession that the US is currently experiencing: argue on the basis of your understanding of IS/LM and the current US macroeconomics trajectory for a specific fiscal and monetary policy response.

What is health care policy? How do policies arise and what are two ways that policies can be used as tools to affect the delivery of health care services in the US? Choose two continuing challenges in the field of US health care service provision, describe them and why they will continue to be challenges in the era of health care reform in the US.

Complete August Journal Entries:

August 5: Paid employee for period ending 7/31.

August 8: Receive payments from customers towards accounts receivable in amount of $3,800.

August 10: Paid July telephone bill.

August 15: Purchase additional baking supplies in amount of $5,000 from vendor, on account.

August 15: Accrue wages earned for employee from period of 1st through 15th of August (Wage calculations table provided below).

August 15: Pay rent on bakery space.

August 18: Receive payments from customers towards accounts receivable in amount of $3,000.

August 20: Paid $8,500 toward baking supplies vendor payable.

August 20: Pay employee for period ending 8/15.

August 22: $300 in office supplies purchased.

August 31: Received telephone bill for August in amount of $75. Payment is due on September 10.

August 31: Accrue wages earned for employee for period of August 16th through August 31st (Wage calculations table provided below).

August 31: August bakery sales total $20,000. $7,500 of this total is on accounts receivable.

Wage calculation data:

31 Jul. Hours:10 Rate:12 Pay:120

15 Aug. Hours:40 Rate:12 Pay:480

31 Aug. Hours:35 Rate:12 Pay:420

15 Sep. Hours:38 Rate:12 Pay:456

30 Sep. Hours:40 Rate:12 Pay:480

Henry invests $50,000 in an entity called Forward Investments on January 20, 2018. Under the terms of the investment agreement, the $50,000 is considered a loan that Forward will use to invest in derivative contracts. Henry is to receive 2% of the amount Forward earns each month from his investment plus 10% simple interest on funds left invested for a full year. Henry can withdraw part or all of his investment at any time on 10 days' notice to Forward.
During 2018, Henry receives quarterly statements of earnings on his investment in Forward. As of December 31, 2018, the statements indicate that Henry has earned $9,600. In January 2019, Henry hears a rumor that Forward Investments is not a legitimate investment broker. On January 26, 2019, Henry withdraws his investment, receiving $60,050 (the $50,000 original investment plus $10,050 in earnings). In late February, he learns that Forward Investments is a pyramid scheme through which early investors were paid earnings out of capital contributions by later investors. The U.S. Securities and Exchange Commission files suit against Forward in March 2019.
Henry wants to know the taxability of the amounts he received from Forward. He thinks that he never really earned any income from his investment because he was paid out of later investors' capital contributions. Write Henry a letter explaining the income tax effects of the payments he received from Forward Investments.

In a memo

Please include these headings:

• Facts
• Issues
• Conclusions
• Reasoning

Step 2:

Complete the following transactions in the August Journal Entries tab in your workbook

August 5- paid employee for period ending 7/31

August 8-Receive payments from customers towards accounts receivable in amount of $3200.

August 10 – paid July telephone bill

August 15- Purchase additional baking supplies in amount of $5000 from vendor, on account.

August 15 – Accrue wages earned for employee from period of 1^st through 15^th of August

                     (Wage calculations table provided below)

August 15-Pay rent on bakery space $1500

August 18-Receive payments from customers towards accounts receivable in amount of $1000

August 20- paid $8500 toward baking supplies vendor payable

August 20- pay employee for period ending 8/15

August 22- $300 in misc. supplies purchased

August 31- received telephone bill for August in amount of $45. Payment is due on September 10^th.

August 31- Accrue wages earned for employee for period of August 16^th through August 31^st

                    (Wage calculations table provided below)

August bakery sales total $20,000. $7,500 of this total on accounts receivable.

Wage calculation data:

The Trump Administration has been pursuing an aggressive strategy in terms of trade relations with other countries. The Administration has taken active steps against China and other countries including the EU and NAFTA members, Mexico and Canada. The main arguments have been unfair trade practices against the US, violation of intellectual property rights of US companies and the national security.

What do you think about the tariffs that US imposed on China and other countries? Are they good or bad?

What will be the impact of these tariffs on the US in terms of economy, jobs, or any other aspects?

1. Jacobs & Johnson, an accounting firm, employs 15 accountants, of whom 9 are CPAs. If a delegation of 3 accountants is randomly selected from the firm to attend a conference, what is the probability that 3 CPAs will be selected? (Round your answer to three decimal places.)'

2. Among 500 freshmen pursuing a business degree at a university, 301 are enrolled in an economics course, 220 are enrolled in a mathematics course, and 130 are enrolled in both an economics and a mathematics course. What is the probability that a freshman selected at random from this group is enrolled in each of the following? (Enter your answers to three decimal places.)

(a) an economics and/or a mathematics course

(b) exactly one of these two courses

(c) neither an economics course nor a mathematics course