Stellar Packaging Products Company notes the following results for 2016 for variable versus absorption costing. The company’s base volume is 4,000,000.

The company presently uses absorption costing to provide additional compensation and incentivize managers to achieve their production goals. The compensation formula is 10% of operating income.

Instructions:

Calculate the amount of the difference of additional compensation between the two income statement methods. If the decline in volume continues and Stellar makes 3.6 million units in 2017, should the company switch to variable costing as the basis of compensation? Why or why not? What might be the reaction of the production managers if this occurs?

Your paper should meet the following requirements:

• 2-3 pages in length
• Formatted in accordance with the CSU-Global Guide to Writing and APA Requirements.
• Document your sources

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Instructions

Assignment 1 (Due in Week 4)

Purpose:

In the first four weeks of this class students explored the idea of how people make decisions and how the application of a decision making process can increase the likelihood of a better set of decision outcomes. Students will be assigned a case study that they will read and apply a decision making process to make a decision. The case study can be found under week 4 content area.

The purpose of this assignment is for students to demonstrate they understand that decision making is a process that can be used to make decisions with better outcomes for the business.

Assignment Instructions:

Step 1: Review “How to Analyze a Case Study” under Week 4 Content.

Step 2: Create a Word or Rich Text Format (RTF) document that is double-spaced, 12-point font. The final product will be between 3-4 pages in length excluding the title page and reference page.

Step 3: Review the grading rubric for the assignment

Step 4: Follow this format:

• Title page with title, your name, the course, the instructor’s name;
• Introduction paragraph in which the decision process is described and its significance in business. The introductory paragraph is the first paragraph of the paper but is typically written after writing the body of the paper (Questions students responded to above). View this website to learn how to write an introductory paragraph: http://www.writing.ucsb.edu/faculty/donelan/intro.html
• Body Paragraphs
• Summary paragraph. A summary paragraph restates the main idea(s) of the essay. Make sure to leave a reader with a sense that the essay is complete. The summary paragraph is the last paragraph of a paper.

Step 5: In writing a case study, the writing is in the third person. What this means is that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing). If uncertain how to write in the third person, view this link: http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person

Step 6: In writing this assignment, students are asked to support the reasoning using in-text citations and a reference list. A reference within a reference list cannot exist without an associated in-text citation and vice versa. View the sample APA paper under Week 1 content.

Step 7: In writing this assignment, students are expected to paraphrase and not use direct quotes. Learn to paraphrase by reviewing this link: https://writing.wisc.edu/Handbook/QPA_paraphrase2.html

Step 8: Read critically and analyze the scenario provided under Week 4 Content.

Step 9: Write down or highlight key facts from the scenario. Consider making an outline to capture key points in the paper.

Step 10: In your paper, respond to the following elements of decision making:

• Explain each step of the process using the class reading material applying to the fact pattern. The decision maker is Alex and should be done through Alex’s perspective;
• Create a decision matrix;
• Discuss consequences, bias; stakeholders, risk, uncertainty and linked decisions;
• Discuss the implications of Alex using critical thinking skills in the decision making process and how critical thinking can help Alex make future decisions.

Step 11: Using the grading rubric as a comparison, read through the paper to ensure all required elements are presented.

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Implication Papers:

These papers will be based on the material from the chapter(s) we are covering that week. I want you to consider what “implications” the concepts in the assigned chapter have for you and to apply these concepts to your personal or work experiences.

Your paper should be based upon the material that is contained in the chapter, but should go beyond ‘well, isn’t that interesting’; it should imply something to you. Although there are multiple theories/concepts covered in a chapter, I am only asking you to pick one or two of these concepts to write the paper on.  It doesn’t matter which concept(s) you choose.

Please write approximately 1 single-spaced page using the following outline:

1. In your own words, briefly explain in a few sentences or a paragraph the one or two basic concept(s) from the textbook that relate to your experience and the implications that you will discuss in the paper.

2. Describe the real-life example(s) of how you have personally experienced the effects of this OB concept and/or how have you observed the effects when interacting with other people. Please be clear of which concept(s) you are illustrating.

3. Explain how the concept(s) applies to you (e.g. about the kind of organization you wish to join, about the skills you need to develop, about how this issue affect you and your generation, etc.). Of special interest is your insight/analysis of the experience/issue. This could include what you have learned and any advice you might have in dealing with these types of situations in the future. 

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Task 1 : (350 words)

External Audit and Non-Audit Services.

it is common to find that almost a major Audit firms provide Non Audit services to clients ranging from Human resources Recruitment to Cyber Security protection.
These services are widely accepted and considered to be of superior quality due to the brand image these major audit firms possess in the market.
But if the same auditors provide External Audit as well as Non-Audit Services will these threaten the Independence of auditors?

Required:-

1- list and briefly explain some of the types of Non Audit services usually provided by External Auditors.
2- Comment on if Non Audit services will impair the independence of Auditors?
3- Recommend the possible solutions to overcome the above mentioned issue

(Hint: explain about impairment to independence or objectivity of auditors by giving examples)

Task 2 : (300 words)

Audit Reporting Guideline

Mr. Abu works as Chief Internal Auditor in an ” oil and Gas Petroleum Company” in one of the GCC ( Gulf Cooperation Council = Gulf countries ).
His works spans across various aspects of the company which also includes confidential and sensitive information such as HR files.

During the audit of second quarter 2015, he suspects few “Ghost employees ” working in the company and did further study and found there were 18 ghost employees with the company including senior manager positions.
He doubts the involvement of senior level management involvement.
Now he have made his reports ready to be submitted for appropriate action.

Required:-

1- Find out what do you mean by Ghost Employees.
2- Explain the possible implications,if Ghost employees actually existed within the company
3- Discuss the appropriate level to which the Mr. Abu have to submit the report(the finance director or/and the board of directors or/ and the audit committee.

(Keywords: organizational Independence, objectivity and unrestricted access to documents)

Task 3 : (300 words)

Audit Procedures

Ms. Ameera working as an internal Auditor of a various types of vehicles Transportation company involving type of vehicles like Buses, trucks, trailers and special and different garages for each type of vehicles .

in the current Audit period she is auditing, the vehicles and Maintenance Department.

Required:

suggest the various Internal Audit Procedures she can perform over the vehicles and Maintenance Department.

* Guidance Notes and Format of the Assignment :-

1- Introduction >> ( 150 words ) .

2- body of assignment >> ( 950 words )

3- Limitations >> What the problems you faced . (150 words )

4- Conclusion >> . (150 words )

5- References

* The total of assignment = 1350 words

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1. Research a case of first impression where the court establishes precedent. Write a summary of the facts of the case and the new rule that the court sets forth. Explain which courts are obligated to follow the new rule.
2. Research a subsequent case that uses the precedent you located in the first part of this Assignment. Write a summary of the facts of the case and how the court applies stare decisis . Be sure to cite to exactly where in the case the court discusses application of the rule established by the prior court.
3. Research a case where the court refused precedent and overturned an established rule. Write a summary of the facts of the case and the court’s reasoning for refusing to apply stare decisis .

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