Answer: Ethical Obligations and Decision-Making in Accounting-The Heading is devoted to helping students cultivate the ethical commitment needed to ensure that their work meets the highest standards of integrity, independence, and objectivity.
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Explanation: The first, addressed in Part I, is the administrative cost of deregulation, which has grown substantially under the Telecommunications Act of 1996.Part II addresses the consequences of the FCC's use of a competitor-welfare standard when formulating its policies for local competition, rather than a consumer-welfare standard. I evaluate the reported features of the FCC's decision in its Triennial Review. Press releases and statements concerning that decision suggest that the FCC may have finally embraced a consumer-welfare approach to mandatory unbundling at TELRIC prices. The haphazard administrative process surrounding the FCC's decision, however, increases the likelihood of reversal on appeal.Beginning in Part III, I address at greater length the WorldCom fraud and bankruptcy. I offer an early assessment of the harm to the telecommunications industry from WorldCom's fraud and bankruptcy. I explain how WorldCom's misconduct caused collateral damage to other telecommunications firms, government, workers, and the capital markets. WorldCom's false Internet traffic reports and accounting fraud encouraged overinvestment in long-distance capacity and Internet backbone capacity. Because Internet traffic data are proprietary and WorldCom dominated Internet backbone services, and because WorldCom was subject to regulatory oversight, it was reasonable for rival carriers to believe WorldCom's misrepresentation of Internet traffic growth. Event study analysis suggests that the harm to rival carriers and telecommunications equipment manufacturers from WorldCom's restatement of earnings was $7.8 billion. WorldCom's false or fraudulent statements also supplied state and federal governments with incorrect information essential to the formulation of telecommunication policy. State and federal governments, courts, and regulatory commissions would thus be justified in applying extreme skepticism to future representations made by WorldCom.Part IV explains how WorldCom's fraud and bankruptcy may have been intended to harm competition, and in the future may do so, by inducing exit (or forfeiture of market share) by the company's rivals. WorldCom repeatedly deceived investors, competitors, and regulators with false statements about its Internet traffic projections and financial performance. At a minimum, WorldCom's fraudulent or false
Answer:
$0.70 and 3.3
Explanation:
Data provided in the question
Household spending for each additional dollar = $0.70
And, the remaining amount = $0.30
So in the given case,
The marginal propensity to consume (MPC) = household spending for each additional dollar i.e $0.70
And, the Spending multiplier is
= 1 ÷ 1 - MPC
= 1 ÷ 1 - $0.70
= 1 ÷ $0.30
= 3.3
Answer:
3N + 25M + P ≤ 45
Explanation:
Let the number of Newspaper Stories taken=N
Newspaper stories take 3 hours to write.
Total Hour spent on Newspaper Stories=3N
Let the number of Magazine Articles taken =M
Magazine articles take much longer to write 25 hours per article.
Total Hour spent in Magazine Articles=25M
Let the number of Proofreading jobs taken =P
Proofreading pays for every 1 hour
Total Hour spent in Proofreading jobs=P
Since both newspaper stories and magazine articles must be completed in the week they are started.
The writer doesn't want to work more than 45 hours per week. So his total hour in a week is less than or equal to 45.
The Constraint that limits the amount of time the writer will work in a week is given as:
3N + 25M + P ≤ 45
Answer:
The answer is: Total DPMO of the overall process is = 4,733.33
Explanation:
To calculate the defects per million opportunities (DPMO) we use the following formula:
DPMO = (D/(U*O))*1,000,000
- Defects = D
- Unit = U
- Opportunity to have a defect = O
We are given the following data:
<u>Service A:</u> <u>Service B:</u>
D = 10 D = 17
U = 500 U = 1,000
O = 15 O = 5
DPMO Service A = [10 / (500 x 15)] x 1,000,000 = 1,333.33
DPMO Service B = [17 / (1,000 x 5)] x 1,000,000 = 3,400
Total DPMO = 4,733.33
