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- alice is a planning to attend several professional events and will purchase a suit costing between $100 and $200 dollars. she will wear them to the event and return them the next day for a refund. comment on the ethics of her plan and if there is a problem with the plan provide alternativesXornam is a fresh graduate from one of Ghana’s Universities. She studied banking and finance and graduated with first class honours. After her National Service with a bank, she applied to be maintained as a permanent or contract staff with the bank. As part of the bank’s employment criteria, she is supposed to submit an essay on a given topic by the bank and when she is able to get the pass mark, she will proceed to the next level, which is to participate in a group interview. The topic she was given, which she is supposed to present her answer by 2 days’ time is “electronic business is an aspect of electronic commerce. Do you agree?” Xornam is very confused because she did not get the opportunity to study electronic banking and electronic commerce as a course in her university. She has you, a level 300 students of University of Professional Studies, Accra (UPSA) as a friend and has come to you for help. Required Discuss the topic in full detail, bringing to bear, any similarities…Ashley Linkletter, age 21, expects to graduate next spring with a bachelor's degree in business administration. Ashley's grades are mostly Bs and As, and she has worked part time throughout her college career. Ashley is vice president of the Student Marketing Association on her campus. She would like to work in management or marketing for a medium-to large-size employer. Because she loves the outdoors, Ashley thinks she would prefer a job in the Northwest, perhaps in northern California, Oregon, or Washington. • What would you recommend to Ashley on the importance of career planning regarding clarifying her values and lifestyle trade-offs?
- A sales representative lives in Bloomington and must be in Indianapolis next Thursday. On each of the days Monday, Tuesday, and Wednesday, he can sell his wares in Indianapolis, Bloomington, or Chicago. From past experience, he believes that he can earn $12 from spending a day in Indianapolis, $16 from spending a day in Bloomington, and $17 from spending a day in Chicago. Where should he spend the first three days and nights of the week to maximize his sales income less travel costs? Travel costs are shown in Table 2. TABLE 2 From To Indianapolis Bloomington Chicago Indianapolis 5 2 | Bloomington 5 7 Chicago 7 -John Milton and two of his colleagues are considering opening a law office in New York City that would make inexpensive legal services available to those who could not otherwise afford these services. The intent is to provide easy access for their clients by having the office open 360 days per year, 16 hours each day from 7:00 a.m. to 11:00 p.m. The office would be staffed by a lawyer, paralegal, legal secretary, and clerk-receptionist for each of the two 8-hour shifts. In order to determine the feasibility of the project, John hired a marketing consultant to assist with market projections. The results of this study show that if the firm spends $500,000 on advertising the first year, the number of new clients expected each day would have the following probability distribution: Number of New Clients per Day Probability 20 0.10 30 0.30 55 0.40 85 0.20 John and his associates believe these numbers are reasonable and are prepared to spend the $500,000 on advertising. Other pertinent…Nicole Mahomes is employed as a public sector audit specialist at Canadiens LLP, a large professional services firm. Nicole lives in Newcastle-upon-Tyne (UK) but is required to make regular visits to the firm’s headquarters in London (UK). During the tax year 2020/21, as well as a gross basic annual salary and a performance-related bonus, Canadiens LLP provided Nicole with rent-free living accommodation, a house in London for use during her visits to the firm’s headquarters. The living accommodation is non-job related. Nicole used the house for a total of 27 days during the tax year 2020/21. Canadiens LLP acquired the property for £985,000 in 2017 and it was valued at £1,230,000 on 6 April 2020. An extension was added to the house during 2019/20. The extension cost £109,000 and was completed on 1 March 2020. The annual rateable value of the property in the tax year 2020/21 was £26,650. The official rate of interest is 2.25%.…
- Miss Jana Lim, a graduate of Cebu University, is going to Manila to review for the CPA Board Examination. She is considering to stay in a dormitory that is just a stone’s throw away from the review school during her 5-month stay in Manila. Her aunt, however, is offering her a room in her house which is about three (3) kilometers away from the school. She told her aunt that she would first conduct differential analysis before making her decision on where to stay. She listed the following costs and cost estimates: If she will stay in Her Aunt’s House A Dormitory Plane ticket: Cebu-Manila-Cebu ₱8,000 ₱8,000 Tuition Fee (1) 1,000 1,000 Boarding and lodging fee - 25,000 Share in food and household expenses 10,000 - Transportation (Aunt’s house-school-Aunt’s house) 1,700 - Snacks, etc., while in school 4,000 4,000 Books used in college to be used during the review 10,000 10,000 New review books to be purchased 2,000 2,000 Clothes to be brought to Manila…Ali is considering the decision of whether or not to go and study a Master degree. He is currently working as an accountant in XYZ Company. He is thinking of getting a Master Degree. If he decided to study the Master Degree, h would expect to earn higher salary than his current one. On the other hand, the study of the Master Degree would f him to take unpaid leave from his current job. Furthermore, Ali recently purchased a new car. For All, the unpaid sala when Ali goes to study the Master Degree is referred to as: Select one: a. Opportunity Revenue b. Sunk revenue c. Differential revenue d. Differential cost O e. Opportunity cost The management function that focuses on setting out future goals for the organization is referred to as: Select one: a. Counseling Ob. Controlling O. Decision making d. Planning Oe. AdvisingVirginia is an accountant for a global CPA firm. She is being temporarily transferred from the Raleigh, North Carolina, office to Tokyo. She will leave Raleigh on October 7, 2020, and will be out of the country for four years. She sells her personal residence on September 30, 2020, for $255,000 (her adjusted basis is $230,000). Upon her return to the United States in 2024, she purchases a new residence in Los Angeles for $245,000, where she will continue working for the same firm. Required: What are Virginia’s realized and recognized gain or loss? (If there is no gain or loss is recognized, select "No gain/loss".) What is Virginia’s basis in the new residence?
- Mary Tan is the controller for Duck Associates, a property management company in Portland, Oregon. Each year, Tan and payroll clerk Toby Stock meet with the external auditors about payroll accounting. This year, the auditors suggest that Tan consider outsourcing Duck Associates’ payroll accounting to a company specializing in payroll processing services. This would allow Tan and her staff to focus on their primary responsibility: accounting for the properties under management. At present, payroll requires 1.5 employee positions: payroll clerk Toby Stock and a bookkeeper who spends half her time entering payroll data in the system. Tan considers this suggestion, and she lists the following items relating to outsourcing payroll accounting: a. The current payroll software that was purchased for $4,000 three years ago would not be needed if payroll processing were outsourced. b. Duck Associates’ bookkeeper would spend half her time preparing the weekly payroll input form that is…Mary Tan is the controller for Duck Associates, a property management company in Portland, Oregon. Each year, Tan and payroll clerk Toby Stock meet with the external auditors about payroll accounting. This year, the auditors suggest that Tan consider outsourcing Duck Associates' payroll accounting to a company specializing in payroll processing services. This would allow Tan and her staff to focus on their primary responsibility: accounting for the properties under management. At present, payroll requires 1.5 employee positions—payroll clerk Toby Stock and a bookkeeper who spends half her time entering payroll data in the system. Tan considers this suggestion, and she lists the following items relating to outsourcing payroll accounting: The current payroll software that was purchased for $4,000 three years ago would not be needed if payroll processing were outsourced. Duck Associates' bookkeeper would spend half her time preparing the weekly payroll input form that is given to the…On Thursday, Justin flies from Baltimore (where the office for his sole proprietorship is located) to Cadiz (Spain). He conducts business on Friday and Tuesday; vacations on Saturday, Sunday, and Monday (a legal holiday in Spain); and returns to Baltimore on Thursday. Justin is scheduled to return home on Wednesday, but all flights were canceled due to bad weather. As a result, he spends Wednesday watching floor shows at a local casino. Days where travel is attempted/cancelled is counted as a travel day under tax law. Justin is self-employed. a. For tax purposes, what portion of Justin's trip is regarded as being for business? b. Suppose Monday was not a legal holiday. Would this change your answer about what percentage of Justin's trip would be regarded as business? c. Under either part (a) or (b), how much of Justin's airfare qualifies as a deductible business expense? Under part (a), . Under part (b), .