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    Corporate Financial Management

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    Question 1.The Global Financial Crisis (GFC) is the most significant worldwide economic catastrophe since the Great Depression of 1929. The sub-prime mortgage crisis is an example of the financial crisis that affected global financial markets worldwide.Give some other examples of financial crisis events in your discussion below. Question 2.Discuss the possible causes of the financial crisis. Do you think GFC could be repeated again? Discuss. Question 3.Explain the scale and impact of GFC in economies of different countries including your own country. Identify some of the actual or propos...

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    OPEC oil prices which primarily included Arab nations decided to hit back against the United States. This was in response to the supplies of arms to Israel during the Fourth Arab Israeli War. There was a declaration of oil embargo which abruptly halted oil exports in the United States and allies. There was oil shortages and halting of exports of oil to the US and allies of US. US faced a shortage of oil and spike in prices of oil which lead to an economic crisis in the US and other developed countries.Asian financial crisis of 1997 is one of the popular crises faced by several economies of Asia such as Malaysia, Thailand, Korea, Indonesia, and Indonesia.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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