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Law Of Business Organisation

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Question: Describe about these act..Corporations Act, 2001: Section 124Corporations Act, 2001: Section 129 (1)Corporations Act, 2001: Section 588m (3)     Answer: Corporations Act, 2001: Section 124 This section deals with the fact that a company possess legal capacity and power of an individual both in and outside the legal jurisdiction and this has been described in detail under section 124 of the Act. But the question is &nda...

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Business Law: Corporation Act

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Question: Discuss about the Business Law for Corporation Act.   Answer: Share Register Under the Corporations Act 2001 (“The Act”) the shareholders can either be those people who have formed or incorporated the said company in the first place which has been prescribed under Section 120 of The Act or those people to whom the shares of the company have been issued after the company was incorporated or those who acquire the s...

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Audit Opinion

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Questions: 1. The Croucher company has been valuing its buildings using the fair value method  .Its  buildings are currently shown in the balance sheet at their current market value of 18.5 million. The buildings had originally cost 12 million.2. The Kaycee company values its inventory at LIFO and is unwilling to change it to  FIFO as required by the Australian accounting standards.The amount of the misstatement is known and is li...

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Nature Of Business Combinations And The Required Disclosures

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Question: Write essay about the nature of business combination and required disclosures including referencing.    Answer: Business combination is a type of merge wherein the two merging companies assets are consolidated as on under the ownership of one single person. Thus the fact that the controlling interest vests in the hands of a single business entity is its main feature. Business combinations generally takes place between en...

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Accounting System, Special Journal & Subsidiary Ledger

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Question: What is accounting systems? Describe about special journals & subsidiary ledgers.    Answer: The company under review is the JB Hi Fi and is the leading retailer of the consumer electronics. The company manufactures the video games and also the blu-rays, DVD’s and the CD’s. The company is the leading chain store which is headquartered in Melbourne. In the smaller accounting treatment, the book keeper may...

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Logistics Management: Important Features Of Qube Logistics

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Question: Describe the important features of Qube, and identify logistics management strategies to resolve the issues.    Answer: Introduction Qube Logistics is a diversified infrastructure and logistics company in Australia. It was reformed in 2010; when the KFM, an investment trust Diversified Infrastructure and Logistics Fund got hold of Kaplan Equity and developed into a standardized operating company, re-brand...

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Impact Of Financial Crisis In Economies

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Questions: The Global Financial Crisis (GFC) is the most significant worldwide economic catastrophe since the Great Depression of 1929, sub-prime mortgage crisis is an example of financial crisis that affected global financial market worldwide. Give some other examples of financial crisis in your discussion below.  Discuss the possible causes of the financial crisis. Do you think GFC could be repeated again? Discuss. Explain the scale and...

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Generally Accepted Accounting Principles

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Question: Discuss about the Generally Accepted Accounting Principles.     Answer: Introduction Financial Statements are the presentation of financial information on the overall performance of the organizations. It provides useful information to the users like investors, creditors, financial institutions and other stakeholders of the business entities. Therefore, it is essential to recognize the transactions with the compliance o...

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Strategic Development Of Nab

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Question: Discuss about the Strategic Development of Nab.   Answer: Organization’s Overview Every organization has some strategic methods for the development of their company which is considered to be different from any other standard methodology. In order to reduce the risks and increase the company’s standards by giving it huge profits the strategies have to be designed which apparently contributes for the growth of...

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Corporate Finance Management: Myer Holdings Limited

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Question: Discuss about the Corporate Finance Management for Myer Holdings Limited.     Answer: Introduction For this research paper, I would like to choose Myer Holdings Limited (MYR) as a research company. Myer is the largest retail company that is listed on Australian Stock Exchange (ASX).  Myer is the prevalent department store group that trades a wide variety of products such as: cloths, cosmetics & fragrance, foot...

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