Case 12-3 Provisions and Contingencies Scenario 1 Energy Inc. (Energy), which operates in the oil industry, is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with (1) IFRSs in reporting to its parent and (2) U.S. GAAP for reporting to its U.S.-based lender. Energy’s operations sometimes result in soil contamination. Energy cleans up this contamination when required to do so under the laws of the particular country in which it operates. One country in which Energy operates has no legislation requiring cleanup, and Energy has inadvertently contaminated land in that country in prior years. As of December 31, 20X1, it is virtually certain that a draft law requiring a cleanup of land already contaminated will be enacted, but not until shortly after the year-end.
The discussion regarding the interpretation of facts, or studies results was an issue at the center of the debate, and how common ground would be achieved. Analysis of theoretical concepts: The simulation asked that members only to read their role responsibility which was instrumental to the “real” experiences of how a group functions. The group content of making solid recommendations to the governor regarding the oil spill that all organizations felt was fair and reasonable took on many elements of the group processes. Communication from
Although they both have an effect on the ecosystem, conservation and preservation are different. Both conservation and preservation were defined in chapter 4 (John Wiley & Son,2006); conservation is defined as the sensible and careful management of natural resources. Preservation is maintaining and protecting undisturbed areas from any human activity that can alter their "natural" state. After watching the Bridger Teton video, aka Management Area 71, my eyes were opened and I realize that the land can be disturbed because of greed. From when it was said that we had an oil shortage, I remember that a government official stated that we had enough oil in reserve if it came down to using it.
Private Security VS. Law Enforcement SEC/310 08/26/13 . Private Security VS. Law Enforcement The private security manager needs to assemble a quick reference guide for his staff. This quick guide should include who will be searched, what items are not allowed in, which are, what items result in confiscation and what results in the refusal of entry. The guide should also cover as many possible issues, such as refusal to allow a search or bribery. The guide will be important because it will dictate to the staff how to properly protect the venue and event without violating the policy of the stadium and the individual rights of the guests.
Texas, on the other hand, has had no less than seven: the Constitution of Coahuila y Tejas, the 1836 Constitution of the Republic, the and the State Constitution of 1845 (annexation by the US), 1861 (secession into the CSA & Civil War), 1866 (Rejoining the Union & Presidential Reconstruction), 1869 (Congressional Reconstruction), and the current Constitution of 1876 (Post-Reconstruction). The next is formal. The US Constitution is what's
LINGUISTICS Advisory Report Situation It has been discovered that there may be huge oil reserves on Indian reservation lands in the Southeast of California called ‘South Mojave Reserve’ that also extends to Arizona. Taking into account United States’ considerable need of locating more energy resources within its borders, it is imperative for the state of California to take jurisdiction over the oil reserves for further exploration and exploitation. The problem is that the oil reserves do not belong to the United States directly, but they belong to the Native Indian Tribe living in that Native Indian reserves namely ‘Hacama’. Clearly, the only way for the state of California to take their hands on those oil reserves is when an agreement has
Lastly, we need to empower our inspectors to have the authority to stop production when a bad sample is detected. This needs to happen before a bottle neck, as well, to ensure we do not waste time remanufacturing an order. We also have many long-term goals to discuss. They go as follows: Testing of the new bottle needs to be done to ensure safety to the end-user. Meanwhile, we will use the old style bottles
The state public utility commissions regulate activities regarding telephone, television, electricity, and gas. The Federal Energy Regulatory Commission (FERC) imposes mandatory standard regulations regarding the transmission of electricity from state-to-state, and also monitors expansion projects, the transportation of oil via pipelines as well as the valuation of those pipelines (Dodd-Frank, 2013) , and insures that there is no manipulation of the markets. They also make sure that access to natural gas is available in areas where consumers need it. (Federal,
With technological advances, we cannot only drill vertically down; we can achieve horizontal and directional-slant drilling. Directional drilling is the skill of finding a well bore along a strategic course to a subsurface target location that has a given horizontal distance and direction on or after the vertical well. At a specific vertical depth, the drilling is held vertically as close as possible until the decision is made to deviate from drilling vertically. Direction drilling systems improve efficiency and lower costs by enabling fewer wells to contact the same quantity of oil. For example, instead of accruing to drill a series of relatively short horizontal wells across the width of a long wall panel, several long holes can be drilled down the length of the panel to achieve the same affect (U.S. EPA, 2000).
c) It’s a legal requirement d) All of the above What should you do if your PPE a) Use it anyway is damaged? (choose TWO b) Tell your Manager answers) c) Buy your own d) Do not use until it has been replaced Which of these are types of a) Irritant hazardous classifications used b) Toxic on chemicals? (Choose THREE c) Corrosive answers) d) Vapourised Which of the following are a) Snorkel, paper apron and rubber gloves commonly used PPE? b) Rubber gloves, goggles and rubber apron c) Dust mask, paper apron and flip flops d) Paper gloves, goggles and rubber apron It is only ok to mix chemicals if a) True it says so on the label? b) False Where should chemicals be a) In the pub stored?