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    a. It can change rapidly. c. It is easy to regulate. b. It protects the less fortunate. d. It encourages growth. 6. What might be a hardship for citizens of a centrally planned economy making a transition to a market-based system? a. Farmers would have to grow the crops that the government instructed them to. b. Only poor quality goods would be available to consumers, because manufacturers focused on quantity, not quality. c. Workers would lose job security and guaranteed incomes. d.…

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    Silver Service Case Study

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    Chaper8 Silver service 1 what is silver service? -Style of catering where the food is delivered to the table on a platter held by the waiter and served to the customer’s plate using a folk and spoon . 2 Which side of the guest do you stand for silver service? -Left of the guest 3 what are the limitations of using the thread method of holding the service gear? -Each different items need to be served by different service gear required. 4 How do you pick up small items of food? -To remove…

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    The advantages of Globalization of finance are the reduction of financial risk, improve the allocation of capitals, and reduce borrowing cost. Every business small or large has some form of a financial risk. The reduction of financial risk may require a business to plan for potential risk and existing risk. A company needs to plan ahead for future difficulties seen or unforeseen. Improving the allocation of capitals is one of the most important decisions associated with a company’s success and…

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    is the world’s largest representation of certified public accountants (CPAs). Established in 1887, the AIPCA serves as an advocate for CPAs, CGMAs, and has a mission of powering the success of global business, CPAs, and CGMAs through the use of education, resources, and advocacy (AICPA, 2016). The AICPA supports FASB by providing technical support, standard setting, and guidelines to CPAs nationwide. Because accounting is complex in nature this governing body works in collaboration with other…

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    to commit a fraudulent act until they are caught. It is also a story that will forever be told and used as a learning guide for investors and others within the financial industry. The term “Ponzi scheme” is one that is often heard in the world of finance. It comes from the fraudulent act committed by Charles Ponzi in the early 20th century. ( Ferrell, 2009) Charles Ponzi is believed to have been the first to successfully pull off such a scandal. Some would say that while Charles Ponzi created…

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    Amazon Case Analysis

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    Amazon http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-reportsannual Who is the audience for each section of the report? The audience for Amazon’s report are people interested in investing, future shareholders, and people that are interested in learning about Amazon and their services. This is the intended audience because Amazon’s report has financial statements, a letter to shareholders, and information about the company and amazon’s services. There is also Amazon’s 10-K to show…

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    Creating and congruent with the investment process On the basis of Mauboussin and Callahan (2015), the investment process could be divided into two sections, including short term and long term process. It is unwise to merely utilise short term or long term process because the market mispricing is unavoidable, and both short term and long term investment processes are essential. Additionally, different situations require different kind of investment plans. For example, the ever-changing…

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    From the table above, we can see that ABC’s Z Score is on negative amount in 2007, we suspect that it’s the result of their acquisitions, which mainly funded using debt. If we compare it to their performance in 2006, they were considered in the safe zone (Z Score > 2.6), which means the company is believed to survive in the future. Volatility of the share is also increased in 2007, which represents there are more risk associated compared to the previous year, so there’s a high probability…

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    Mutual Fund Rating Essay

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    rating system should be further tailored to each investors loss aversion which would allow investors to choose the fund that best reflects their financial needs and risk tolerance. I personally feel that properly educating individuals in personal finance and investing would mitigate the need to expand on the current rating system for mutual funds. Financial loss from investing comes from a permanent decrease in value (bond defaults) or from a temporary decrease in value (market correction) which…

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    ESSAYS: (4 QUESTIONS, EACH WORTH 5 POINTS) 1. Describe and discuss the Investment Pyramid including its financial foundation. A venture procedure in which a speculator enhances the danger of his/her portfolio while likewise leaving the likelihood for a substantial return. One does this by putting a large portion of the financial specialist's cash in generally safe speculation vehicles; this structures the "base" of the pyramid. The base (the widest part of the pyramid) would contain government…

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