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To avoid exorbitant rent charged at a bigger spot in a shopping mall, Guitar Center rented a smaller space in a plaza. They stored the bulk of their equipment and merchandise with the Riverbend Storage Company that allowed 24 hour access. This way a sales associate could run down the street and collect anything they needed fairly quickly. This arrangement saved them considerable amounts of money. Riverbend gave Guitar Center a standard negotiable warehouse receipt.

Because of the shut down due to Covid, Guitar Center ended up borrowing money from TCF Bank and pledged the warehouse receipt as security on the loan. Unfortunately Guitar Center defaulted on the loan, and TCF demanded the collateral from Riverbend.

Riverbend stated they had already delivered the goods back to Guitar Center on the strength of that company’s name and promise. According to Riverbend, Guitar Center had promised that they would surrender the receipt back to Riverbend shortly. TCF sued Riverbend for the value of the goods when they were unsuccessful in collecting from Guitar Center. Who wins and why?

 
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Bikes4U has a number of casual employees who are paid by timesheets. Each fortnight they submit their timesheets to the payroll clerk no later than 3:00pm on Thursday, for processing. Using a PC in the payroll department, the payroll clerk enters the employee’s details and hours worked in to the payroll system; the timesheets are then filed alphabetically in a folder in the department. The payroll system checks the timesheet data that is entered against the employee payroll database and updates the database. The system then produces hardcopies of the paychecks for the employees and three copies of the payroll summary report. One copy of the summary report is kept in the payroll department, one copy is sent to the Finance Manager and the other copy along with the paychecks, are sent to the cash disbursements department. The cash disbursements clerk checks the summary report and the paychecks and posts the transactions to the cash disbursements journal using a PC in their department. The paychecks are then sent to the Finance Manager for signing. Finally, the signed checks are sent by the Finance Manager to the company administrator who distributes them to the employees when they come in on Friday.

Required: a) Prepare a system flowchart that represents the payroll process described in the narrative above.

b) Sally is one of the Senior accountants at Bikes4U. Give THREE reasons why documenting the firm’s accounting processes would be important for Bikes4U.

 
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What are the “business cases” for implementing sustainability practices at Amazon? (Whelan, T., & Fink, C. The comprehensive business case for sustainability) discusses the business cases for implementing sustainability practices.

1. Describe at least five reasons why Amazon’s company might benefit from sustainability. Describe how each of these factors might benefit Amazon in particular.

2. Discuss five challenges that Amazon might encounter with implementing sustainability practices.

3. Looking at Amazon’s sustainability report for the most current year, answer the following:

  1. Discuss three areas of sustainability that Amazon does well.

b. Discuss two areas that Amazon could improve on in terms of its triple bottom line.

Any information used from external webpages APA reference be used

 
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Tanglewood case 6

A. Develop a detailed selection plan for this position. In this case, you should determine what you want to measure by analyzing KSAOs from the job description and the information on organizational culture in the case, and fitting the selection measures into the plan format as shown in Exhibit 8.2 in the book. The current selection methods are the experience check, education check, Marshfield Applicant Exam, and the Retail Knowledge Test. Do not include the current interview as part of the selection plan

B. Develop initial interview questions. Staffing services believes that a half-hour interview will be appropriate, with about 3 minutes per interview question. They would like 5 behavioral interview questions and 5 situational interview questions. Each interview question should have a very specific KSAO target as shown in the example

C. Develop a scoring key for each interview question. This means you will have ten different scoring keys.

 
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