the audit. I don’t feel they obtained sufficient competent evidential matter and they did not use professional judgment when they informed Phar-Mor in advance which stores
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Sean Russi The Case of Phar-Mor Inc ACCT-525 October 31‚ 2012 Case Summary The case of Phar-Mor Inc was one of the biggest pre-Enron frauds that have been uncovered. Phar-Mor Inc established in 1982 Phar-Mor was a small little known discount drugstore. Phar-Mor became well known for offering medications at a 25-40% discount rate compared to your normal pharmacy store prices. Phar-Mor’s first six years of existence seemingly were
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Inspiration: Life is like photography. You need the negatives to develop. Do you always think of what people say about you? Does it affect your daily basis and break down your motivation and inspiration? Always try to avoid negative people‚ they feed on your reaction and if they see you being affected by what they say or do‚ they’ll keep doing it. If paralympians had their minds posted to the bad comments people give‚ they would’ve never reached success. The reason why I chose the Paralympics
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2. A) A client can be put in a more powerful position than the auditor in an auditor-client relationship if the auditor is trying to sell the client additional services. B) According to SOX external auditors are prohibited from providing certain services to clients: book keeping or other things related to the accounting records or financial statements of the audit client‚ they are not allowed to design and implement financial information‚ appraisal or evaluation services‚ internal audit outsourcing
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Experiment 1: Viscosity of Liquids Victoria Kulczak Lab Partners: Laina Maines & Heidi Osterman Date of Lab: 2/21/11 Due Date: 2/28/11 Abstract: The goal of this experiment was to determine the viscosity of given liquids. Two different methods were employed‚ the first measures time of flow of several methanol-water solutions‚ from point A to point B. The second method involves dropping a foreign object‚ in this case a sphere‚ into a cylinder of glycerol and measuring the time it takes for it to
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History Founding Henry Silverman‚ a business executive and private equity investor created Hospitality Franchise Systems (HFS) as a vehicle to acquire a number of hotel franchises in the early 1990s. Among Silverman’s purchases were such brands as Ramada and Howard Johnson’s as well as Days Inn‚ which he was able to buy for $290 million (less than half what he had sold it for) after the company had filed for bankruptcy in 1991. Silverman quickly took Hospitality Franchise Systems public in a
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Dr. Marder Scalp Therapy for Total Relief from Scalp Itching Winter weather‚ and the subsequent use of indoor heat to stay warm‚ often dries the skin. For those who already suffer from sensitive scalps‚ this can result in dry‚ itchy skin on the scalp. Whether you suffer from extremely dry skin‚ psoriasis‚ or some other scalp condition‚ the itching is enough to drive you crazy. Not to mention all that scratching often loosens dead skin and results in unsightly flaking that can get on your furniture
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“I Like to See It Lap the Miles” In “I Like to See It Lap the Miles‚” Emily Dickinson uses metaphoric comparisons of a train to a horse. Dickinson also uses distinctive vocabulary to emphasize objects and places in the poem‚ perhaps to confuse the reader on what the poem is truly about. Although the poem never mentions the words “train” or “horse”‚ Dickinson’s choice of words makes the reader think it is about a train. In the poem Dickinson gives the train characteristics that relateto the
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Omar Shbeeb Toothpick Enzyme Lab 9/25/13 Introduction Enzymes are used in all metabolic reactions to control the rate of reactions and decrease the amount of energy necessary for the reaction to take place. They are responsible for the thousands of chemical interconversions that sustain life. Enzymes are referred to highly selective catalysts‚ meaning they speed up the rate of metabolic reactions. To react‚ they need to find a perfect match with a substrate. They converge at a place called an
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Acids and Bases Mirza Hasan Mammadov Acids and bases are really important in our daily day life. So let’s start with telling the definitions of them. Starting with acids‚ they are a substance which dissociates in water in order to produce one or more hydrogen ions. Also we can write H+ instead of hydrogen ion. Bases have the same definition‚ although the difference is that it firm hydroxide ions instead of hydrogen ions. We can write OH- instead of hydroxide ion. All alkali is bases but not
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