Gilbert is an independent consultant who helps organizations select the right accounting software for their needs. After evaluating a local nonprofit organization, Gilbert recommended an accounting software package that he believes meets specifications, secures documents, and satisfies user requirements. Gilbert did not tell his client that he owns a 25% share in the business that developed the software, and that he will benefit if the organization decides to purchase the software he recommends. Which principle of the Software Engineering Code of Ethics has Gilbert violated?

Answer:

The principle of the Software Engineering Code of Ethics that Gilbert violated is:

Judgement (as related to full disclosure of personal involvement).

Explanation:

Gilbert is required by the Judgement Principle to "disclose those conflicts of interest that cannot reasonably be avoided or escaped."  Since Gilbert professionally believes that the software meets specifications, secures documents, and satisfies user requirements, it is not quite apparent if he violated any principle.  However, he could have informed his client of his personal interest in the software and also presented other software packages of other companies from which the client could make its independent choice.

The principle of the Software Engineering Code of Ethics that Gilbert violated is Judgement.

The following information should be considered:

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Explain 2 reasons why businesses create business plan?

Absorption and Variable Costing; Inventory Valuation Bondware Inc., has a highly automated assembly line that uses very little direct labor. Therefore, direct labor is part of variable overhead. For March, assume that it incurred the following unit costs: Direct materials $520 Variable overhead 460 Fixed overhead 180The 100 units of beginning inventory for March had an absorption costing value of $92,000 and a variable costing value of $78,000. For March, assume that Bondware Inc. produced 500 units and sold 540 units.
Compute Bondware's March Cost of Goods Sold using both the variable and absorption costing methods.

The Johnson Robot Company’s marketing managers estimate that the demand curve for the company’s robots in 2012 is P = 6,000 - 40Q where P is the price of a robot and Q is the number sold per month. If the firm wants to maximize its dollar sales volume, what price should it charge?

Durango Co. has cash receipts of $120,000 and total cash disbursements of $112,000. Durango Co. started with a beginning cash balance of $4,000 and desires an ending cash balance of $8,000. Durango Co. can borrow money in $1,000 increments. How much debt can Durango Co. repay and still meet its desired cash requirement?

Nexis Corp. issues 1,000 shares of $15 par value common stock at $22 per share. When the transaction is recorded, credits are made to:______.
a. Common Stock, $22,000, and Retained Earnings, $15,000
b. Common Stock, $22,000
c. Common Stock, $15,000, and Paid-In Capital in Excess of Par, $7,000
d. Common Stock, $7,000, and Paid-In Capital in Excess of Stated Value, $15,000

a. Develop a probability distribution for x
b. Compute the expected value of x
c. Compute the variance and standard deviation for x
d. Comment on what your results imply about wind conditions during boating accidents

On December 29, 2019, Patel Products, Inc., sells a delivery van that cost $20,000. After recording the entry to bring the accumulated depreciation up-to-date, the delivery van had accumulated depreciation of $18,000. Patel received $2,000 cash from the purchaser of the delivery van.

Required:
Write the necessary Journal entry to record the sale.

If the beginning balance in Firestone Auto Repair's inventory account was a $4,000 debit, what is the new balance in the inventory account after considering the new purchases?

The Internal Revenue Service (IRS) provides a toll-free help line for taxpayers to call in and get answers to questions as they prepare their tax returns. In recent years, the IRS has been inundated with taxpayer calls and has redesigned its phone service as well as posting answers to frequently asked questions on its website (The Cincinnati Enquirer, January 7, 2010). According to a report by a taxpayer advocate, callers using the new system can expect to wait on hold for an unreasonably long time of minutes before being able to talk to an IRS employee. Suppose you select a sample of callers after the new phone service has been implemented; the sample results show a mean waiting time of minutes before an IRS employee comes on line. Based upon data from past years, you decide it is reasonable to assume that the standard deviation of waiting times is minutes. Use .
a. State the hypotheses. :
b. What is the -value (to 4 decimals)?
c. Using , can you conclude that the actual mean waiting time is significantly less than the claim of minutes made by the taxpayer advocate.

Bloom Company management predicts that it will incur fixed costs of $266,000 and earn pretax income of $360,400 in the next period. Its expected contribution margin ratio is 54%. Required: 1. Compute the amount of total dollar sales. 2. Compute the amount of total variable costs.

Niendorf Corporation's 25-year maturity bonds have an 8.75% coupon rate with interest paid semiannually, and a par value of $1,000. if your required rate of return is 13% what is the intrinsic value of the bond

When the price of Milk is $5 per gallon consumers demand 1,000 boxes of Boo Berry Cereal. When the price of milk increases to $5.50 per gallon consumers demand 700 boxes of Boo Berry Cereal.

Required:
a. What is the percentage change in the price of milk?
b. What is the percentage change in the quantity demanded for Boo Berry Cereal?

Các bn ơi giúp mình giải bài này với ạ. Mình cảm ơn.
Doanh nghiệp là doanh nghiệp sản xuất máy điều hòa nhiệt độ có công suất 30000BTU. Tình hình sản xuất kinh doanh trong tháng là:
- tiêu thụ trong nước 500 chiếc với giá bán chưa thuế GTGT là 5500000đ/ chiếc.
- Bán cho doanh nghiệp trong khu chế xuất 50 chiếc với giá bán tại cửa khẩu chu chế xuất là 250USD/ chiếc ( giá FOB)
Biết thuế suất thuế TTĐB là 10%. Tỷ giá đối đoái: 1USD= 20000 VND. Tính thuế TTĐB phải nộp.

Statement of Cash Flows (Indirect Method)
Use the following information regarding the Lund Corporation to (a) prepare a statement of cash flows using the indirect method and (b) compute Lund's operating-cash-flow-to-current-liabilities ratio.
Accounts payable increase $13,500
Accounts receivable increase 6,000
Accrued liabilities decrease 4,500
Amortization expense 9,000
Cash balance, January 1 33,000
Cash balance, December 31 22,500
Cash paid as dividends 43,500
Cash paid to purchase land 135,000
Cash paid to retire bonds payable at par 90,000
Cash received from issuance of common stock 52,500
Cash received from sale of equipment 25,500
Depreciation expense 43,500
Gain on sale of equipment 6,000
Inventory decrease 19,500
Net income 114,000
Prepaid expenses increase 3,000
Average current liabilities 150,000
a. Use negative signs with cash outflow answers.
LUND CORPORATION
Statement of Cash Flows
For Year Ended December 31
Cash Flow from Operating Activities
Net Income Answer
Add (deduct) items to convert net income to cash basis
Depreciation Answer
Amortization Answer
Gain on Sale of Equipment Answer
Accounts Receivable Increase Answer
Inventory Decrease Answer
Prepaid Expenses Increase Answer
Accounts Payable Increase Answer
Accrued Liabilities Decrease Answer
Cash Flow Provided by Operating Activities Answer
Cash Flow from Investing Activities
Sale of Equipment Answer
Purchase of Land Answer
Cash Used by Investing Activities Answer
Cash Flow from Financing Activities
Issuance of Common Stock Answer
Retirement of Bonds Payable Answer
Payment of Dividends Answer
Cash Used by Financing Activities Answer
Net Decrease in Cash Answer
Cash at Beginning of Year Answer
Cash at End of Year Answer
b. Operating-cash-flow-to-current-liabilities ratio (Round answers to two decimal places.)

Which of the following is an indirect manufacturing cost in a manufacturing company?

a. Indirect Materials
b. Real estate taxes on the factory
c. Salary of production floor manager
d. All of the above would be considered indirect manufacturing costs

¿sí se vende mercancía en que tipo de cuenta debe registrar el IVA de dicha compra?

a) ingreso
b) costo de venta
c) costo de producción
d) pasivo

The controller of Sandhill Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,880 3,820 February 3,273 4,364 March 3,928 6,546 April 4,632 8,619 May 3,491 5,455 June 4,844 8,730 (a1) Determine the variable-cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.)

Compute the Work-In-Process transferred to the finished goods warehouse on April 30 using the following information:

Work-In-Process Inventory, April 30 $245
Direct materials purchased during April $220
Work-In-Process inventory, April 1 $270
Direct labor costs incurred $370
Manufacturing overhead costs $320
Direct materials used in production $195

Assume that Parker Company will receive SF100,000 in 360 days. Assume the following interest rates: U.S. Switzerland 360-day borrowing rate 7% 5% 360-day deposit rate 6% 4% Assume the forward rate of the Swiss franc is $1.0455 and the spot rate of the Swiss franc is $1.0037. If Parker Company uses a Money Market Hedge, it will receive _____in 360 days.

1 Cash on hand at the company and not yet deposited at the bank. 4,800
2 EFT for monthly utility bill not yet recorded by the company. 1,600
3 Note collected by the bank and not yet recorded by the company. 10,200
4 Interest collected by the bank from note in #3 not yet recorded by the company. 1,300
5 A check witten for insurance expense for $90 was cashed. The check was recorded on the books for $160. ?
6 Checks written by the company but not yet processed by the bank. 2,600
7 Service fee charged by bank but not yet recorded by the company. 100
8 Customer checks determined by the bank to have nonsufficient funds. 3,000
Bank balance at the end of the period. 16,990
Company balance at the end of the period. 12,320
Required:
1-a. What is the revised Cash balance at the end of the period?
1-b. Is the bank reconciliation in balance?
Yes
No
2-a. What is the balance in Cash if the entry to correct the insurance payment hasn't been made?
2-b. Would the bank reconciliation still be in balance?
Yes
No
3. Which statement below is true regarding the effect of the company incorrectly recording a customer deposit at $180,000 rather than $18,000?
No effect on the bank reconciliation.
The difference of $162,000 will be subtracted from the book balance.
The difference of $162,000 will be added to the book balance.
The bank balance will be increased by $180,000.

Output from a process contains 0.02 defective units. Defective units that go undetected into final assemblies cost $25 each to replace. An inspection process, which would detect and remove all defectives, can be established to test these units. However, the inspector, who van test 20 units per hour, is paid $8 per hour, including fringe benefits. Should an inspection station be established to test all units

The cost method of accounting for stock: __________

a. recognizes dividends as income
b. is only appropriate as part of a consolidation
c. requires the investment be increased by the reported net income of the investee
d. requires the investment be decreased by the reported net income of the investee

Globe Manufacturing Company has just obtained a request for a special order of 12,000 units to be shipped at the end of the current year at a discount price of $7.00 each. The company has a production capacity of 90,000 units per year. At present, Globe is only selling 80,000 units per year through regular channels at a selling price of $11.00 each. Globe's per unit costs at an 80,000 unit level of production and sales are as follows:

Variable manufacturing expenses $4.60
Fixed manufacturing expenses $1.80
Variable selling and administrative expenses $1.00
Fixed selling and administrative expenses $0.45

Variable selling and administrative expense will drop to $0.30 per unit on the special order units. The special order has to be taken in its entirety. This means that by accepting the special order, Globe will be forced to not sell 2,000 units to its regular customers.

Required:
If Globe accepts this special order, by what amount will its net operating income increase or decrease?

There are linkages between the microeconomic decisions made by managers and the macroeconomic environment. There are numerous examples from the current recession of company layoffs at the micro level, directly influenced by the decline in economic activity at the macro level. For this assignment, research this linkage. How did the recession impact businesses/managers at the macro and micro levels? You may use one company as the basis of your research.

Five obstacles that must be overcome converting from traditional system to lean

The Federal Reserve System is __________. ANSWER Unselected the central bank of the United States Unselected also known as the U.S. Treasury Unselected the institution that also regulates stock markets Unselected I DON'T KNOW YET

ne implication from the evidence on EI to date is that employers should consider it a factor in hiring employees, especially in jobs that demand ________. good mathematical skills good critical thinking skills good analytical skills the ability to work independently a high degree of social interaction

Trio Company reports the following information for the current year, which is its first year of operations.

Direct materials $13 per unit
Direct labor $19 per unit
Overhead costs for the year Variable overhead $4 per unit
Fixed overhead $200,000 per year
Units produced this year 25,000 units
Units sold this year 19,000 units
Ending finished goods inventory in units 6,000 units

Required:
Compute the cost per unit of finished goods using 1) absorption costing and 2) variable costing.

Fones Inc. and Speed Dial Corp. are two competitors in the mobile phone market. The cost incurred by each company to manufacture smartphones is $200 per unit. Although both the companies sell their smartphones at the same price, Speed Dial Corp. has a larger market share in the smartphone industry. What does this imply

Mccloe Corporation's balance sheet and income statement appear below:


Mccloe Corporation Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Cash and cash equivalents $68 $48
Accounts receivable 62 67
Inventory 88 67
Property, plant and equipment 585 570
Less: accumulated depreciation 273 267
Total assets $530 $485

Liabilities and stockholders' equity:
Accounts payable $81 $62
Accrued liabilities 54 33
Income taxes payable 62 62
Bonds payable 89 154
Common stock 57 47
Retained earnings 187 127
Total liabilities and stockholders' equity $530 $485

Income Statement:
Sales $681  
Cost of goods sold 425  
Gross margin 256  
Selling and administrative expenses 188  
Net operating income 68  
Gain on sale of plant and equipment 30  
Income before taxes 98  
Income taxes 36  
Net income $62 

Cash dividends were $2. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was: ___________