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Sally and Ed are aware that discussion of the company's accounting philosophy will come up in the next board of directors meeting, and they want to have some answers.
Suppose that One-Hundred-Percent Vitamin Co. is privately owned. What accounting philosophy would you recommend (conservative, lower profits or aggressive, higher profits)?
Be sure to explain the rationale for why the company should follow your recommended philosophy.
In addition, address the profit potential of accounting using an aggressive approach versus the conservative approach.
How would taxation affect your recommendation?
Deliverable length 3-4 paragraphs with references
Find two articles no older than 2002 on the stakeholder versus shareholder debate. Identify three arguments for each side from the articles.
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Organizations have both an internal as well as an external environment. Define the general environment and give at least one specific example of each dimension other than the instances given in the text and in the lectures.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
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What legal and ethical issues are apparent in these events? Have fiduciary duties owed to the LLC been violated? Are there any additional facts that we would need to find out in order to resolve this dispute?
List and state five ideas (e.g., vision of opportunity, unexpected failure, protecting intellectual property, appropriate legal structure and continued training) which are useful in improving the professional's performance in entrepreneurial strat..
Determine the following prior deciding a prescription maximize effectiveness at the least cost
Barry Olson has mastered strong technical skills as the manager of a large category killer toy store. He is very skilled at all the aspects of managing the store, including employee management.
How may ethics be taught in the workplace? Should an internal or external person be responsible for teaching ethics in the workplace?
Why education is important in Social Sustainability
Access phases of managing organizations at this link: http://www.sba.gov/smallbusinessplanner/index.html. Describe each stage as it relates to the new small business's launch. Which phase do you feel is most important to a small business's success..
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