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Just prior to his death, Jameson, a prominent attorney, was sued by a former client. The suit alleged malpractice on the part of Jameson and requested damages of $90 million. On filing the Form 706, the executor of Jameson’s estate claimed a § 2053 deduction of $30 million as to the lawsuit. The $30 million amount was based on one of the many appraisals rendered by experts regarding the probable liability of the estate on the date of Jameson’s death. Other appraisals varied by as much as $11 million. Upon audit of the Form 706 by the IRS, a deduction of $1 was allowed. After prolonged litigation and during appeal, the malpractice lawsuit was settled for $289,000.
Information can be said to have a number of different characteristics that can be used to describe its quality. Explain the attributes related to the content of quality information.
During the semester there will be a number of discussions online. You will be given a series of questions to answer in a posting of 200 – 500 words. Then, respond to at least one other post with comments of 100 – 200 words. Grades for each answer will be based on completeness, the amount of examples used from the text, videos, presentations, the quality of analysis, and your replies.

Answer the following questions:

What do you know about China?
Give 3 specific examples of Chinese culture and describe them.
Why should Americans (or Westerners in general) pay attention to China? Think about this carefully.
What are some of the important elements of Chinese culture you would like to know more about?
When did electricity and magnetism start getting treated as similar sciences
record the following in the general journal;
the investment in TT (Pyt) Ltd percent interest in the issued share capital of 500000 ordinary shares of TT(Pt) Ltd
how to record the following in a general journal:
the investment in UU (pty0Ltd (37500 ordinary shares)was also acquired a few years ago. The issued number of ordinary shares of UU IS 37500 shares. Since the beginning of 2018, the profitability of UU is under pressure. Consequently, an impairment loss of 500000 in respect of the investment in UU
A random sample of thirty firms dealing in wireless products was selected to determine the proportion of such firms that have implemented new software to improve productivity. It turned out that eight of the thirty have implemented such software. Compute a 95% confidence interval on p, the true proportion of such firms that have implemented new software. In other situation, suppose there is concern about whether or not the point estimate of p = 8/30 is accurate enough because the confidence interval around p is not sufficiently narrow. By using p as your estimate of p, calculate how many companies would need to be sampled to have a 95% confidence interval with a width of only 0.05. (10 marks)
Progress made by south african local government in roads
5.4 A system contains the following periodic tasks: T1 = (5, 1), T2 = (7, 1, 9), T3 = (10, 3), and
T4 = (35, 7).
(a) If the frame size constraint (5-1) is ignored, what are the possible frame sizes?
(b) Use the largest frame size you have found in part (a), draw the network-flow graph of the
system.
(c) Find a cyclic schedule by solving the network-flow problem in part (b) or show that the
system cannot be feasibly scheduled according to a cyclic schedule of the frame size used in
part (b).
Hoover Ltd sells its vacuums to its overseas related distributor, Dustbuster Ltd and a local unrelated distributor Suck Ltd. Information available about the transactions of Dustbuster Ltd and Suck Ltd are as summarised below;

Dustbuster Suck Ltd
Price paid 15,000 13,500
Delivery terms CIF FOB
Quantity 95 100
Freight cost 0 1,500
Insurance 0 500
Credit period 60 days Upon dispatch
Interest rate on
working capital 10% 0

i) Which transfer pricing method is most appropriate (2 marks)
ii) Calculate the Arm’s Length price. (8 marks)
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