...and transactions that are considered extraordinary items are constantly changing with everyday occurrences and happenings. Extraordinary items were originally defined in Accounting Principles Board Opinion No. 9 as “events and transactions of material effect that would not be expected to recur frequently and that would not be considered as recurring factors in any evaluation of the ordinary operating processes of the business” (Schroeder). The publication of this opinion No. 9 provided the following examples of events and transactions: “gains or losses from the sale or abandonment of a plant or a significant segment of the business, gains or losses from the sale of an investment not held for resale the write-off of goodwill owing to unusual events during the period, the condemnation or expropriation or properties, and major devaluations of currencies in a foreign country in which the company was operating” (Schroeder).This definition came under review in 1973, and the Accounting Principles Board determined that comparable items of revenues and expenses were not being classified in the same way across the field of business entities (Schroeder). The Board concluded that businesses were not interpreting APB Opinion No. 9 in a similar manner and that a more detailed criterion needed to be created to ensure a more uniform interpretation of its requirements. APB Opinion No. 30, “Reporting the Results of Operations,” “extraordinary items were defined as events and transactions that...
Words: 908 - Pages: 4
...As history tells us, capital punishment, whose definition is "the use of death as a legally sanctioned punishment," is an acceptable and efficient means of deterring crimes such as the one committed by David Brewer and many others. Today, the death penalty remains an effective method of punishment for murder and other heinous crimes. One cannot escape the fact that the death penalty has many flaws. But if you think about it there are flaws in all forms of penalties for crime. Weather the issue of the cost and time in order to carry out a “Death Sentence”, or the fact that many innocent people could be killed for something that they didn’t commit. Some will argue and say things like the death penalty is immoral. It is a form of cruel and unusual punishment and people greatly suffer both emotionally and physically before their execution. Most of the time, the death penalty is...
Words: 841 - Pages: 4
...The United States Constitution is a living document that ensures the protection of the rights and freedoms of all people. However, these laws appear to have been violated in the case of Tyr Nichols, a victim of police brutality. This article aims to present the arguments in favor of Nichols and highlight the ways in which Nichols' constitutional rights were violated. One American citizen, Tyler Nichols, was met with unnecessary force by the police, causing public unrest. This case is a violation of the Fourth Amendment to the United States Constitution, which protects citizens from unreasonable searches and seizures, including excessive use of authority by authorities. one. Additionally, the Eighth Amendment, which prohibits cruel and unusual...
Words: 299 - Pages: 2
...Behavior Analysis and Autism Spectrum Disorder Psychology PS501-03 Dr. Valerie Balldin March 18, 2014 Behavior Analysis and Autism Spectrum Disorder Abstract Autism refers to a group of development brain syndromes, collectively known as Autism Spectrum Disorders (ASD).The term spectrum is a wide range of symptoms, skills, and levels of disability, or impairments that children with ASD can have. Some of the ASD children are insignificantly impaired by their symptoms while others are severe. Behavior Analysis and Autism Spectrum Disorder According to American Psychiatric Association; "Autism is a neuro-development syndrome defined by deficits in social reciprocity and communication, and by unusual restricted, repetitive behaviors.” (American Psychiatric Association, 2000). It is a condition that usually begins at infancy-before or by three years old. Affected children begin by not using words to communicate though they may recite the alphabet and familiar passages. There is a wide variation of the degree in the way autism spectrum affects individuals. Each child with autism has a unique abilities, challenges and symptoms. Understanding Autism Spectrum Disorder: Even though Autism is not a single Disorder; but it is a spectrum of closely related Disorders with a shared core of symptoms:...
Words: 986 - Pages: 4
...Rebecca Christie, Kody Lynn) SUBJ: Sara Lee Corporation in 2011: Has Its Retrenchment Strategy Been Successful? EXECUTIVE SUMMARY: In 2005, Sara Lee placed a strategic plan in action to transform the business into a more tightly focused food, beverage and household products company. This involved the divestiture of weak-performing business and product categories, which included eight business units. Although the divestiture would decrease Sara Lee’s revenues, it was believed that concentrating their financial and managerial resources on a smaller number of business units would be beneficial. Sara Lee struggled at the beginning of the retrenchment strategy but has been progressing upward in the last couple of years. ANALYSIS: Strategy Analysis Sara Lee’s corporate strategy was to transform the company into a more tightly focused company by focusing on their food, beverage, and household products. In order to accomplish this, Sara Lee planned to divest their weak performing business units and product categories which accounted for $7.2 billion in sales. Although the divestitures would decrease Sara Lee’s revenues from $19.3 billion to $12.3 billion, they believed it would be better to concentrate on its financial and managerial resources on a smaller number of business segments. These smaller number business segments had prospective markets and were well positioned. After the completion of the retrenchment strategy Sara Lee focused solely on increasing the sales...
Words: 2034 - Pages: 9
...developmental disability that appears during the initial three years of life and is the result of a neurological disorder that affects the normal functioning of the brain. Autism will result in development delays in the areas of social interaction and communication skills. Autistic children will typically show difficulties in verbal and non-verbal communication, social interactions etc. Autism spectrum disorder/ASD can occur in any combination and with varying frequency. The autism spectrum is a group of five disorders; PDD are Autistic Disorder, Asperger's Disorder, Childhood Disintegrative Disorder (CDD), Rhett’s Disorder, and PDD-Not Otherwise Specified (PDD-NOS). Each of these disorders has specific diagnostic criteria as outlined by the American Psychiatric Association (APA) in its Diagnostic & Statistical Manual of Mental Disorders (DSM-IV-TR). Autism is not completely curable but it is highly treatable, symptoms can be lessened and skills can be acquired with...
Words: 1067 - Pages: 5
...The Best Seat in the House “If you do not sentence me to death, I will escape from prison and murder every single one of you”, threatened John Louis Evans to the jury on April 26, 1977. Within less than fifteen minutes of discussion, the jury found him guilty and sentenced him to death by electrocution in the “chair”. Six years later, the first of three attempts of 1,900 volts of electricity were sent accelerating through John Evans's body. The final excruciating jolt boiled his brain and extremities in a horrifying manner, causing the nauseating stench of burnt flesh to quickly pervade the open air. John Evans's execution, which should have been only 30 seconds, lasted 14 minutes long. Whenever the phrase “death penalty” is brought up, two sides of extremists are riled up shouting for either approval or forbearance; thus creating a whirlpool of dissent and provocation. Many critics of this controversial issue may state that the moral aspects are inhumane and that the use should be discontinued from the United States; however, the crimes deemed worthy of capital punishment should not and cannot be overlooked simply because of a certain belief. The implementation of the death penalty should remain in practice to prevent heinous crimes and victimization of the innocent. Sometimes the “chair” truly is the best seat in the house. The supreme court case of Alabama vs John Louis Evans of 1977 shifted the viewpoint as to how the United States would approach the...
Words: 1620 - Pages: 7
...ABSTRACT “A Fair Day’s Pay for a Fair Day’s Work” was one of the mottos of the American labor movement in the 1990s, < (1990’s?) (reference: William P. Quigley, ‘A Fair Day’s Pay for a Fair Day’s Work’: Time to Raise and Index the Minimum Wage, 27 ST. MARY’S L.J. 513, 544 n.141 (1996)) but for most Americans, “fair” compensation means so much more than salary. Employee benefits play a crucial role in the American labor market, and the benefits that an organization offers employees has an immense impact on its hiring ability, turnover rate, and employee satisfaction and productivity. The rise of the tech industry created a flood of new and unique benefits that companies used to attract the best talent to come to work, specifically in an explosively expanding market. As workers nation-wide hear about the exotic and enticing benefits that organizations, like so many of these tech giants offer, some companies are responding and diversifying the benefits they offer to maintain their relevance in an evolving global economy and social climate. When one thinks of unique benefits, they might imagine the free cafes and childcare facilities that companies like Google provide. Had they read about the entire town that Facebook created for its workforce, images of free bus rides, discount employee stores, and company provided housing might come to mind. Even with unique benefits like the ever-expanding offerings of company gyms and cafeterias, West Coast organizations, such as those ever-so...
Words: 7129 - Pages: 29
...DEATH PENALTY ARLINCY ERSKINE WESTWOOD COLLEGE REFERENCES References (2010). Retrieved from www.bsos.umd.edu. (2013). Retrieved from www.citelighter.com. Bardes, S. S. (2013-2014). American Government and Politics Today. Boston: Cengage Learning. www.studentsnewsdaily.com. (2013). Retrieved from www.studentsnewsdaily.com. DEATH PENALTY Thesis As you further read into this paper you will understand the reason and cause for the death penalty in the United States. You will be educated how many states in the United States use the death penalty as a form of punishment and also what form of it is used. There are many methods of death some states opposed while others see it as “an eye for an eye”. Capital Punishment is defined as the practice of executing an individual as punishment for a specific crime. This is known as a state’s form of committing murder. Capital punishment comes from the Latin word meaning for the head. Some oppose it (those we term Conservative) and those who support it (these we term Liberal). Capital Punishment can range from simple punishments of cutting ones’ hand off for stealing to being hung, set in front of a firing squad, using lethal injection (a commonly used form), to being gassed, or the electric chair (a more common form). Some countries even use poisoning, starving, and burning (which some deem as unconstitutional). So because a state does it, is it legal? Or morally right? Yes because it is done...
Words: 1088 - Pages: 5
...Abstract Ford Motors used to be a prominent automobile company in the past. The company is on the verge of bankruptcy because of unexpected/unusual expenses incurred in the form of changes in investment and extinguishment of debt liabilities. The company should devise a policy that curtails the cost of sales, particularly, structural cost. Ford needs vast managerial and structural changes. The company needs to revise its price patterns, designs and make new and attractive products for the ultimate user, mainly, middle-class groups. Ford also needs expansion in Europe and Mexico. Keywords: Ford motors, cost analysis, microeconomics, demand, recommendation Introduction Purpose Microeconomics is that the branch of economic science that analyzes the behavior of individual shoppers and corporations to do and perceive the decision-making method of each business and households. Economics is concerned with the interaction between individual consumers and sellers also because the factors that influence the alternatives created by both consumers and retailers. Especially, economics focuses on patterns of providing and demand and, therefore, the determination of worth and output in individual markets. The aim of this paper is to clarify however economics influences the Ford Motor Company. History Henry Ford was born on June 30th, 1863. Ford saw his first car when he was 12 years old. Henry and his father were riding into Detroit during that time span. At...
Words: 2272 - Pages: 10
...Statistical Report Writing No.3. Introduction. A federal regulatory agency is investigating an advertised claim that a certain device can increase the gasoline mileage of car. Ten of these devices are purchased and installed in cars. Gasoline mileage (mpg) for each of the cars is recorded both before and after installation. The data are listed in the following table. The columns “Before” and “After” show the mileage (mpg) before and after the installation of device, the column “Change” represents the improvement of mileage. Here we present the summary of statistics for each variables. In this study we want to determine whether there is a significant gain in mileage after the devices were installed. Data analysis and statistical test. The following figures show the histogram and the normal quantile plot (QQ plot) for the variable “Change”. Note that the sample size is small. Thus, the reliability of statistical test is dependent on the ability to assume that the data come from a normal distribution. In particular, we need to assess the normality for the variable “Change” since it is used for a statistical test. The histogram (above left) displays neither a center nor symmetry of distribution. Rather, it is bimodal, suggesting that there are two distinct populations to which the effect of device could be different. The QQ plot (above right) also indicates that the plots do not follow the straight line. Thus, the normality of data cannot be assumed, making...
Words: 1042 - Pages: 5
...Company Facts Presentation ON apple BY I.sRIPRIYA TPS-A, ROLL NO-18 SUDMITTED TO, s.sai baba arijit santikary Introduction * Apple Inc., formerly Apple Computer, Inc., is an American multinational corporation headquartered in Cupertino, California that designs, develops, and sells consumer electronics, computer software and personal computers. * Its best-known hardware products are the Mac line of computers, the iPod music player, the iPhone smartphone, and the iPad tablet computer. * Its software includes the OSX and iOS operating systems, the iTunes media browser and the Safari web browser. * Apple is world’s second largest Information Technology Company. * Third largest mobile phone maker. * Second largest publicly traded company. * Annual sales of $156.5 billion in 2012. * Apple has unusual and extraordinary brand loyalty. Apple vision statement “Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and Internet offerings.” Apple mission statement “Apple is committed to protecting the environment, health and safety of our employees, customers and the global communities where we operate. Apple strives for continuous improvement in our environmental, health and safety management systems and in the environmental quality of our products, processes and...
Words: 652 - Pages: 3
...GROUP 9 CHAPTER 16 CASE STUDY DELAYERING AS A DEFENSE MECHANISM Executive Summary In October 2009, Anglo American PLC, the world’s fourth largest diversified mining company announced that it was delayering – eliminating a layer of organizational structure. The major criteria for this reorganization were geography and asset status. Then in June 2009, the Swiss-British mining company Xatrata proposed a merger with Anglo- a move that would create a $68 billion frim to compete with industry giants like BHP Billiton, Vale and Rio Trinto. But in October, Xatrata withdrew its offer in the face of resistance from the Anglo board Carroll announces her “simplification and delayering strategy”. In making the announcement she asked shareholders for more time to develop the company’s assets and prove its value as an independent company. Introduction An organization changing its structure is not unusual among business these days as they struggle to remain competitive in a rapidly changing world. The structure of an organization is most often described in terms of its organization chart. A complete organization chart shows all people, positions, reporting relationship, and lines of formal communication in the organization. For large organizations, several charts may be necessary to show all positions. Literature Review Responsibility and authority are related to both configurational and operational aspects of organization structure...
Words: 810 - Pages: 4
...English 112 – Argument-Based Research Wake Tech Community College J. Etheridge Summary, Response, Analysis Short Paper Goals: * Students will understand the difference between summary, response, and analysis * Students will apply that knowledge by writing a summary, response, analysis short paper on one of the readings listed below * Students should demonstrate knowledge of Standard American English (SAE), including clean grammar/editing and clear, effective style * Students should demonstrate knowledge of effective paragraph organization * Students should apply standards of MLA formatting and citation Requirements: * Papers should be turned in via Blackboard by the date listed on the course schedule or as mentioned by the instructor * Papers should be 550-700 words in length. Papers which do not meet the length will be severely penalized. Do not use unusual fonts or formatting. * Papers should address all three elements (summary, response, analysis), but the least amount of space should be spent on the personal response section. * Paper should have a Works Cited entry and at least one use of parenthetical/in-text documentation for a direct quote. Information on in-text citation can be found starting on page 284 in the Current Issues text and in the LB Brief. Directions: For our first short paper, you will choose one of the essays out of the Current Issues text (options listed below) to read. Then you will write a paper which...
Words: 596 - Pages: 3
...Intelligence testing article analysis Ada N. Bren PSY450 July 23, 2013 Professor Daryl Farrow Intelligence testing article analysis Human intelligence is the mental value composed of the abilities to learn from experiences throughout one’s life and adapts to new circumstances, comprehends, and accepts intellectual theories, and utilizes that knowledge to manipulate one’s own environment. Societal expectations have emotional influence on a person’s perception of human intelligence. For example, when someone can think quickly, it is connected to fluid intelligence, which is similar to critical thinking, a person has the capacity to form concepts, think abstractly, and utilize knowledge to new circumstances. This paper is will discuss two different theories of intelligence from two different psychologists so that there can be an understanding of the different views in society. Gardner’s theory of intelligence The first Theory comes from Howard Gardner. His theory of multiple intelligences is quite popular and is widely utilized. Gardner, who was inspired by the writings of Jean Piaget has suggested a theory of multiple intelligences. He initially recognized seven elements of intelligence (Gardner, 1983). He discusses that these intelligences are somewhat distinct from each other and that each person has a certain level of each of these seven intelligences. When a student enters University of Phoenix, there is a class that is required and in this class, they issue an assignment...
Words: 758 - Pages: 4
