ifferences to explain why the three former staff, even though affected by the collapse of the banks and got laid o
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- Use any four of the factors accounting for individual differences to explain why the three former staff, even though affected by the collapse of the banks and got laid off, are behaving differently.
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- Alex has unexpectedly been made redundant from his job as a gardener and is struggling financially. Explain three ways that unemployment can impact negatively on an individual’s self-concept.Hello I don't understand what this question? Many financial managers and corporate officers have been criticized for (a) poor decisions, (b) lack of ethical behavior, (c) large salaries, (d) lucrative severance packages worth millions of dollars, and (e) extravagant lifestyles. Is this criticism justified? Justify your opinion.Many financial managers and corporate officers are often criticized for (a) poor decisions, (b) lack of ethical behavior, (c) large salaries, (d) lucrative severance packagesworth millions of dollars, and (e) extravagant lifestyles. Is this criticism justified? Justify your opinion.
- You are the senior accountant for Terrier Company and the Board of Directors is discussing the possibility of implementing a retirement plan for the employees of the company. They have asked for your guidance on whether they should move forward with creating a plan for retirement benefits, and if so, what type of plan would be beneficial to the employees while also creating the least amount of risk for the company (from an accounting and economic standpoint). Prepare a memo to the Board addressing the 3 choices they have: 1) Do not implement a plan 2) Implement a defined contribution plan 3) Implement a defined benefit plan. In your memo you should define each type of plan (DC vs. DB) and describe the pro’s and con’s of each of the 3 choices. Pro/con arguments should be focused on both the impact to the financial statements AND the impact to the employees of the organization (and how that could ultimately hurt or benefit the business). You should use at least 3 outside sources to…I'm not understanding how I ended up with the incorrect Net Pay for all three employees.Dennis just got hired after not working for two years following his reporting of financial statement fraud by his previous employer. Dennis was treated as an outcast and ultimately fired after the company “trumped up” some unsubstantiated claims of poor performance. Dennis fought thedismissal in court as wrongful termination but lost. It was two difficult years during which time his marriage broke up. In order to get hired for the new job, Dennis felt compelled to shade the truth about why he left the job. Here is what Dennis told the recruiter when asked whether he had left thecompany because of any differences:“I didn’t feel as though there was a good growth path and that it didn’t make sense to stay somewhere that wasn’t going to work out for me.”Did Dennis do the right thing? Explain.
- The following statements have appeared in newspaper editorials:1. Business students come from all segments of society. If they have not been taught ethics bytheir families and by their elementary and secondary schools, a business school can have littleeffect.2. Sacrificing self-interest for the collective good won’t happen unless a majority of Americansalso accept this premise.3. Competent executives manage people and resources for the good of society. Monetary benefitsand titles are simply the by-products of doing a good job.4. Unethical firms and individuals, like high rollers in Las Vegas, are eventually wiped outfinancially.Required:Assess and comment on each of the statements.In which of the following cases will the agency problem between shareholders and managers be the greatest? a) 75% of the common stock is owned by the founder of the company who decided to retire and hired a manager to run his business for him. b)You own 50% of the common stock of the company. The other 50% is owned by 5 mutual funds. c) The common stock of the company is owned by many diverse shareholders, with no shareholder owning more than 2% of the outstanding stock. d)All top managers in the company own significant amounts of stock and stock options.FAY (Financial Advice for You) was formed as a not-for-profit and non-governmental organization by Qamar Qureshi, a retired civil servant. In his words, common people who have scarce resources and save money through extreme hardships often lose all their saving primarily because of non-availability of good financial advice. Investment banks and other financial institutions are not interested in having such common persons as their clients; nor can these people afford to pay their exorbitant fees. Retired from civil service with no personal financial worries, Qamar Qureshi has devoted his remaining life to the cause of helping the less fortunate and less informed members of the society. His organization, Financial Advice for You or FAY, offers free financial advice to anyone who knocks at its doors. However, if a better off person with considerable means approaches them for financial advice, they charge a nominal fee in order to defray some of their administrative costs. Qamar Qureshi…
- How does an accounting professional's commitment to the firm, the profession, and to colleagues influence whether he/she will blow the whistle on financial wrongdoing? What other factors, related to organizational culture, could contribute to whether or not a professional decides to blow the whistle on a financial wrongdoing?Give typing answer with explanation and conclusion During the COVID-19 pandemic, small businesses were much more resilient than larger businesses, resulting in the federal government offering loan guarantees and payroll protection for larger businesses predominately. Group startsTrue or FalseTrue, unselectedFalse, selectedIn order to improve the cash flow of the company, Neal Emerald decided to postpone depositing all employment taxes a few months ago. He told his sales manager, “I’ll pay up before the IRS catches up with me.” What risks does Emerald face by not upholding his responsibility for the collection and payment of employment taxes?
