What do you think Nike’s executives might have done differently to prevent the sensitive charges of sweatshop labor in overseas factories?
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What do you think Nike’s executives might have done differently to prevent the sensitive charges of sweatshop labor in overseas factories?
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- A plan without contraints of relashionships or resources is called?Tasneem Sdn Bhd acquired Lapmin Sdn Bhd, an unincorporated entity, for RM2.8 million. A fair value exercise performed on Lowdown’s net assets at the date of purchase showed: RM'000 Property, plant and equipment 3,000 Identifiable intangible asset 500 Inventory 300 Trade receivables less payables 200 4,000 How would the purchase be reflected in the consolidated statement of financial position? A. Record the purchase as a financial asset investment at RM2.8 million B. Ignore the intangible asset (RM500,000), recording the remaining net assets at theirvalues shown above and crediting profit or loss with RM700,000 C. Record the net assets at their above values and credit profit or loss with RM1.2 million D. Record the net assets at their above values and credit goodwill with RM1.2 millionEnumerate the duties to be performed by a Cost Auditor??
- Ben London owns and operates Fantastic Footage, a film-editing company in Los Angeles that does contract work mostly for production companies in Hollywood. Not long ago, a local landscaping business completed nearly $8,500 worth of work around London's offices. While the initial bid seemed a little high for the amount of work that was actually done, there is no question that the work completed was of high quality, and London finally feels comfortable inviting potential clients to meet him at his office to discuss possible deals. However, because of an apparent oversight, the landscaping contractor never submitted a bill. It's been more than 15 months since the completion of the project, and London has come to conclude that the contractor somehow lost track of the project. He is thinking about calling the company to ask for a final invoice so that he can settle up, but business has been really slow over the last year or so, and it hasn't been easy to pay all of the bills as it is.…Ben London owns and operates Fantastic Footage, a film-editing company in Los Angeles that does contract work mostly for production companies in Hollywood. Not long ago, a local landscaping business completed nearly $8,500 worth of work around London's offices. While the initial bid seemed a little high for the amount of work that was actually done, there is no question that the work completed was of high quality, and London finally feels comfortable inviting potential clients to meet him at his office to discuss possible deals. However, because of an apparent oversight, the landscaping contractor never submitted a bill. It's been more than 15 months since the completion of the project, and London has come to conclude that the contractor somehow lost track of the project. He is thinking about calling the company to ask for a final invoice so that he can settle up, but business has been really slow over the last year or so, and it hasn't been easy to pay all of the bills as it is.…Johnny and Ash have not yet incorporated their new company. However, each has already invested $50 000 into the business by depositing the money into Johnny’s business account. Johnny is negotiating the purchase of a small factory in his own name, and is purchasing the equipment and materials he will need to start manufacturing Organicola. Ash has also started spending 2 or 3 hours every evening writing a business plan and a marketing plan. (1) Have Johnny and Ash formed a partnership? If so, what are the legal consequences?
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- Read and analyze the following situation:Ms. Rosado, general manager of Rosado & Associates, finds herself in a financial dilemma. She must decide between firing 25% of the employees by paying them only 50% of the amount they are entitled to under the law or by paying them what they are legally entitled to. Complying with the law would entail closing the doors of the business and ending that source of employment, which for her would be a failure. Mrs. Rosado asks you for advice, you are in charge of handling aspects related to personnel in the company. You must answer the following discussion questions (You must demonstrate analysis and critical thinking when answering the questions):Explain in detail how Human Resources policies relate to a company's ethics and strategy. Provide examples of what was discussed.Do you think that the proposal to fire employees paying them less than what the law establishes is ethical?Please solve all questions. You are the manager responsible for the audit of Kicap Manis Berhad, a listed company, for the year ended 31 December 2019. The main business activity of Kicap Manis Berhad is the manufacture of farm machinery. The audit work has been completed, and you are reviewing the working papers in order to draft a report to those charged with governance. During the audit of property, plant and equipment (PPE), the audit team found no material misstatement but the following issues have come to your attention. It was discovered that authorization had not been gained for the purchase of office equipment with a cost of RM315,000. The officer in charge of the purchase claimed that the management has conveyed their agreement with the purchase in the management team monthly meeting, but the audit team has not been furnished with such minutes of meeting even after numerous requests. The client is using an internally developed PPE system, PropertyCare, to maintain the records…What is pay secrecy and pay compression? And give example