...Cash Basis or Accrual Basis Lisa Wilson-Chavez ACC/497 June 13, 2016 Brain Teaser 4: Cash Basis or Accrual Basis The two main methods in accounting used to keep track of income and expenses are the cash basis and the accrual basis. The cash basis is the preferred method in small companies and its income is not counted until cash is received and expenses are not counted until they are paid. When using the accrual basis income is recorded when the order is made or the service occurs, and the same with expenses, they are recorded when the goods or service are received. Smaller companies will use the cash basis of accounting but when their business grows, it is mandatory to use the accrual method if the business has sales of more than $5 million, or if you have inventory and sales of $1 million on an annual basis. Identify What Standard Setters have said as to the superiority of accrual accounting relative to a cash basis. The Financial Accounting Standards Board (FASB) is recognized by the Securities and exchange commision as the accounting standard setter for public companies. The FASB believes that using accrual accounting provides a better picture of a company’s true financial health, and for this reason is a better choice than cash accounting. The FASB is recognized by many organizations as an authoritative entity. Alicia states that in finance literature there seems to be an emphasis on cash and why if cash is so important why does the FASB...
Words: 505 - Pages: 3
...Skip navigation GBUpload Search the purge 3 trailer official Up Next 'Eddie the Eagle' Official Trailer (2016) HD Moviefone Cancel Autoplay is paused. 1:32 Suggested by Moviefone 'Kung Fu Panda 3' Exclusive Clip - Hall of Heroes (2016) HD 2:35 / 2:35 'The Purge 3: Election Year' (2016) Official Movie Trailer HD Moviefone Moviefone Subscribe90,136 Add to Share More 854 views 120 2 ShareEmbedEmail https://youtu.be/rhP0woS0R_o Start at: 2:35 Published on 10 Feb 2016 It’s been two years since Leo Barnes (Frank Grillo) stopped himself from a regrettable act of revenge on Purge Night. Now serving as head of security for Senator Charlie Roan (Elizabeth Mitchell), his mission is to protect her in a run for president and survive the annual ritual that targets the poor and innocent. But when a betrayal forces them onto the streets of D.C. on the one night when no help is available, they must stay alive until dawn… More info about "The Purge 3: Election Day": http://bit.ly/1XiYpl8 SHOW MORE ALL COMMENTS (29) James Monsalve Add a public comment... Top comments James Carroll 2 hours ago why is it in my mind these films could be made so much better Reply · 1 View all 3 replies James Carroll 1 hour ago +Characterror4D1 true Reply · Isaac Colon 26 minutes ago I thought that too when the first one came out, but now I think they are great the way it is, its entertaining and its...
Words: 896 - Pages: 4
...de San Juan de Letran Niceforo Vince A. Balbedina III Midterm Requirement General Psychology Movie Reaction Write-up Disney’s Pixar’s Inside Out Born in the 21th century, I was blessed enough to grow up in the luxury that is modern animation in entertainment. I remember the first animated movie I saw was DreamWorks’ Prince of Egypt. From then on, my fascination over animation and cartoons ran like water. I was five years-old when my mother let me watch my first Pixar film which was “Toy Story”. From that moment on, Pixar never failed to fascinate me. Last Wednesday, cinemas nationwide premiered Pixar’s latest work, Inside Out. I already saw the movie trailer before I went to watch the movie itself. The movie teaser was very intriguing. In the 4 minute video, they showcased all of their classic movies and the emotions that they threw towards the audience. After the memory montage, they introduced five characters each symbolizing the five root emotions of man; Joy; shown as a yellow figure that resembles the shape of a star, Sadness; shown as a blue character that resembles the shape of a tear-drop, Anger; the red fellow in the shape of a box, Fear; the purple figure that resembles the shape of a question-mark & Disgust; shown as a green character that resembles the shape of a broccoli. The plot of the story was as simple as it was intricate. It was about the struggle of a young girl, named Riley Andersen, as her emotions meet a dilemma that...
Words: 837 - Pages: 4
...Instruction: Before you begin, you need to know that there really are 21 Bible book names in the paragraph below, now, look for them. Goodluck! I once made a remark about the hidden books of the Bible. It was a lulu kept, people looking so hard for facts. For others, it was a real revelation. Some were in a jam, especially since the names of the book are not capitalized. But the truth finally struck home to numbers of readers. It should be a most fascinating new moments from you. Yes, there are some books that will be a hard job to find, but those are the most fun. Can a human being really find all twenty-one of them? At the worst, you would find fifteen. No defect in the genes is required, although i will admit it it usually takes a minister to find one of them and there will be loud lamentations when it is found. What will you keep from answering this challenge? A little lady says she brews a cup of tea so she can concentrate better. How long can you keep working on it only you can judge so long as you try to complete. Remember, we've had fun seeking out 21 books of the Bible, but it is far more important to "seek first His kingdom and His righteousness". it's always true, God loves you. Ex: I once made a remark about the hidden books of the Bible. It was a lulu kept, people looking so hard for facts. Old Testament Genesis Exodus Leviticus Numbers Deuteronomy Joshua Judges Ruth 1 Samuel 2 Samuel 1 Kings 2 Kings 1 Chronicles 2 Chronicles ...
Words: 345 - Pages: 2
...Study Guide Essentials of Psychology By Robert G. Turner Jr., Ph.D. About the Author Robert G. Turner Jr., Ph.D. has more than 20 years of teaching and education-related experience. He has taught seventh-grade science, worked as a curriculum developer for the Upward Bound Program, and taught sociology, social psychology, anthropology, and honors seminars at the university level. As a professional writer, he has written nonfiction books, journal and magazine articles, novels, and stage plays. Contents Contents INSTRUCTIONS TO STUDENTS LESSON ASSIGNMENTS LESSON 1: PSYCHOLOGY: THE SCIENCE OF THE MIND LESSON 2: THE MIND AT WORK LESSON 3: MOTIVATION, EMOTION, DEVELOPMENT, AND PERSONALITY RESEARCH PROJECT LESSON 4: PSYCHOLOGICAL DISORDERS LESSON 5: PSYCHOLOGY FOR TWO OR MORE CASE STUDIES SELF-CHECK ANSWERS 1 7 9 43 75 117 127 147 167 171 iii YOUR COURSE Instructions Instructions Welcome to your course, Essentials of Psychology. You’re entering a course of study designed to help you better understand yourself and others. For that reason, you can think of this course as practical. It should be of use to you in living your life and reaching the goals you set for yourself. You’ll use two main resources for your course work: this study guide and your textbook, Psychology and Your Life, by Robert S. Feldman. OBJECTIVES When you complete this course, you’ll be able to ■ Describe the science and methodologies of psychology in the context of its...
Words: 49230 - Pages: 197
...Random House, Inc., New York. RANDOM HOUSE and colophon are registered trademarks of Random House, Inc. ISBN 978-1-4000-6928-6 eBook ISBN 978-0-679-60385-6 Printed in the United States of America on acid-free paper Illustrations by Anton Ioukhnovets www.atrandom.com 2 4 6 8 9 7 5 3 1 First Edition Book design by Liz Cosgrove Duhi_9781400069286_2p_all_r1.j.indd iv 10/17/11 12:01 PM To Oliver, John Harry, John and Doris, and, everlastingly, to Liz Duhi_9781400069286_2p_all_r1.j.indd v 10/17/11 12:01 PM Duhi_9781400069286_2p_all_r1.j.indd vi 10/17/11 12:01 PM CONTENTS PROLOGUE The Habit Cure GGG xi PA R T O N E The Habits of Individuals 1. THE HABIT LOOP How Habits Work 3 31 60 2. THE CRAVING BRAIN How to Create New Habits 3. THE GOLDEN RULE OF HABIT CHANGE Why Transformation Occurs GGG PA R T T W O The Habits of Successful Organizations 4. KEYSTONE HABITS, OR THE BALLAD OF PAUL O’NEILL Which Habits Matter Most 97 Duhi_9781400069286_2p_all_r1.j.indd vii 10/17/11 12:01 PM viii G Contents 5. STARBUCKS AND THE HABIT OF SUCCESS When Willpower...
Words: 124310 - Pages: 498
...“Through the courageous work of two brilliant Chicago-area research-clinicians who accesses the visual cortex and regrows brain pathways using prescription eyeglasses, gave me back my life (2).” Concussions, as referred to in the quote above, has affected many lives throughout the world. “Concussion is caused by a blow or jolt to the head or body that causes the brain to shake,” as stated by the authors of After the Injury (3). Concussions are TBIs, traumatic brain injuries, which are caused by severe impacts (1). With concussions comes many symptoms and ways to prevent concussions from happening. Concussions are oblivious and can happen by contact sports, falls, and even car accidents (1). Some symptoms of concussions include headache, nausea,...
Words: 662 - Pages: 3
...Psych 100, Notes Sept. 6, 2012 History and Perspectives * Definitions of Psychology * The science of mental life (William James, 1890) * “The study of human or animal behaviour” (Webster’s Dictionary 1988) * “The scientific study of behavior and mind” “The scientific study of behaviour and its causes” (Passer & Smith) * Roots of the Word * Psyche – Greek for soul * Logos – Greek for the study of a subject * Related Fields * Philosophy * Rene Decartes (1595-1650) Dualism (interactionism) * Body is physical entity * Mind is nonphysical entity * Mind and body are separate, distinct entities involved in the production of behaviour * Pineal gland (Used for mind and body to communicate) * Thomas Hobbes (1588-1679) * Materialism – position that since nothing exists other than matter and energy the concept of soul is meaningless * Form of monism * Empiricism (Position that all human knowledge and thought are derived from sensory experience * Branch of Biology concerned with the scientific study of how living organisms function (Muller, Helmholtz, Fechner) * Birth of Psychology * Wilhelm Wundt * Established first independent psychology lab at university of Leipzig 1879 (birth of psychology) * Established first psychology journal 1881 * Studied consciousness (one’s awareness...
Words: 1977 - Pages: 8
...Biopsychology The brain is the control centre for the body and it sits in the skull at the top of the spinal chord. The brain is so complex that doctors and scientists still don’t know what some parts do. The brain is made up of different sections consisting of the frontal, parietal, occipital and temporal lobes. Memory Part of the brain that is responsible for memory is also known as the hippocampus, it is located within the temporal lobes, adjacent to the amygdale. The hippocampus is involved in memory forming, organizing and storing information. It is particularly important in storing new memories and connecting emotions and senses, such as smell and sound to, memories. A case study of H.M. (1953) highlights how important the function of the hippocampus is. H.M. was a man who suffered from epilepsy who had surgery to remove the hippocampus to prevent his severe symptoms. After his operation he suffered from major memory loss, which then went on to cause an inability to transfer new information into his long term memory. This resulted in the realisation that the removal of the hippocampus can have detrimental effects on the brains memory. Language and speech The Boca’s area is one of the main areas of the brain which is responsible for producing language. It is located in the lower portion of the left frontal lobe and was discovered by French neurosurgeon Paul Broca .He realised that people who had language difficulties often had damage to this area of the brain. This part of...
Words: 1463 - Pages: 6
...numerous ways in studying methods of the brain. It ranges from electrical and chemical stimulation, recordings of the electrical activity from the brain, scanning and imaging techniques, and so on. The effects of electrical and chemical stimulation take place within different places in the brain that selectively affect specific psychological processes as well as psychologically active medications; anesthetics and recreational drugs). These selectively affect different mental processes because they act on the brain in different brain systems. Small amounts of psychologically active chemicals can be injected into small parts of the brain. These experimental ways have helped identify the location and function of brain systems that carry out the effects of these chemicals. Through electrical stimulation, we can only stimulate the desired part of the brain. The advances in technology have made it possible to study the internal work of the brain without having to cut into an individual’s skull. The brain scanning is the mechanical and electrical measurements of the specific activates of the brain. One example I am familiar with of a scanning technique is the MRI, or magnetic resonance imaging. It uses a magnetic field in which the individual’s head is put in place. The radio waves aimed in the brain cause certain atoms within the brain to emit signals which the computer picks up. These studying techniques can distinguish between closely related brain structures. There are a variety of...
Words: 280 - Pages: 2
...of the mind and body, have attempted to explain the apparent interaction between the mind and body, whilst setting up objects to the theories. I will conclude that Cartesian dualism is the most plausible theory of mind, as it is the most conceivable and argues the mind-body interaction that seems to exist, actually does. I will define a mind by defining those things that have minds as contain a mind are capable of self-directed motion and which have mental states - cognitive, conative and affective states- such as beliefs and desires and sensations. Therefore something that has these qualities has a mind in which mental states are contained. Dualists argue that the mind is not physical and does not have physical mental states, such as brain states, but rather that it is a non-physical entity, entirely separate from the body, and sharing no properties of physical matter such as mass or location. They also maintain "there is something about consciousness that eludes the explanatory apparatus of physical science " and therefore needs further...
Words: 253 - Pages: 2
...that supports the statement that chimpanzees are Human’s closest living non-human Primate Relatives are DNA and the chimpanzee’s cultural behavior. DNA studies have shown that Homo sapiens and chimpanzees share 99 percent of identical DNA. In the article, “What Makes Us Human?” Katherine S. Pollard focuses on the 1 percent of DNA that makes humans and chimpanzees different. However, the findings revealed a closer relationship between humans and chimpanzees, and explanations of how genes have mutated throughout time. Pollard reports that the human accelerated region 1 (HAR1) “might be part of a gene new to science that is active in the brain” (Pollard, 2009). The human brain is larger, more complex, and organized differently than the chimpanzees’ brain. Pollard, however, suggests that HAR1 might have the explanation to the evolution of the brain because “until human came along, HAR1 evolved extremely slowly” (Pollard, 2009). HAR1 is a gene that is expressed in a set of neurons during the embryo’s development, and it is important because it forms the human’s cerebral...
Words: 266 - Pages: 2
...Maladaptive behavior such as attention deficit/hyperactivity disorder (ADHD) is common among children. The diagnosis of ADHD in adults can be more difficult than in children. There are many controversial issues surrounding adult/child (ADHD) which include history, symptoms, treatment, and causes. Historically speaking, ADHD is generally thought to be a childhood disorder. However, data suggest that many adults, both male and female are affected. Most patients diagnosed during childhood carry the disorder into adulthood. Studies show that out of the number of adult cases, over 50 percent were ADHD as children. Nevertheless, women tend not to be diagnosed as children because they never made trouble. Instead, they are often called daydreamers or disorganized. However, the cognitive problems such as being attentive exist. In addition, of the children diagnosed with the disorder, over 80 percent were boys. This disorder presents different symptoms in adults than in children. Adults are first evaluated according to their personal account of symptoms. Some of these symptoms may include problems with organizational skills, being easily frustrated, unable to prioritize, quick tempered, impulsive, trouble coping with stress, finding it hard to finish tasks, trouble keeping a job, and defiance of authority figures. The individual may also forget important engagements or speak out of turn, giving no thought to what he or she says. Personality traits of the individual may range from being...
Words: 935 - Pages: 4
... T S W E B O L L A T E I R A P V N R H F A B A O B Q M Z N Z I L J T N Y E C J T M H G E P A X O G E U L L N E B H E W D O U M O T O R C O R T E X U R X L T L H S W A I T F N I T V P J S U M A L A H T J B Z G R M T B F C G S M C F X A S D B Clues: 1. The part of the brain located in the temporal lobe that is responsible for our emotional response. ________________ 2. The portion of the brain involved in intricate cognitive functioning. ___________________ 3. A part of the brain that belongs to the limbic system and is responsible for processing new memories. ________________ 4. A structure that is known to be a key relay station for sensory information. ________________ 5. An area of the cerebral cortex involved in organizing, controlling, directing, and performing motor functions. ________________ 6. A part of the brain located in the back of the cerebral cortex that is responsible for processing visual information. ________________ 7. The part of the brain that is highly involved in the control of the autonomic nervous system and pituitary hormone production and is also responsible for the “fight-or-flight” response. ________________ 8. The part of the brain that is located at...
Words: 700 - Pages: 3
...much about kids,” I sighed. My husband was very excited to have kids, but I wasn't because I was thinking I should know more about kids before I have one. I was afraid. What if I become a bad mother? What if I did something wrong to my baby? I know that children can be affected by parents, but I want to know what the other things that effect on children. Last session, in reading class, I found an article “Mom’s love good for child’s brain”, which made me more interest in that topic. I knew from the article that mother’s love one of the effects on children. Children rising in good mothering environment have larger hippo-campus than those rising in bad mothering environment. However, I am sure there are more things that effect on children brains. Since my husband and I start to think about having baby, I want to know more about baby’s development, and how could I provides better life curriculum and socially to my baby? How can I let my baby become smart and not cause any issues to him/her? What are the things that could hurt my baby’s brain? So I began in my research trip. I took two weeks to complete my research. In the first week, I start interviewing people. I interviewed four people including psychiatrist and ophthalmologist. They all told me that parent effect on children. Also, Doctor Stevens who is psychiatrist said that the ways that parents treat their children effect on them, either in a good way or in a bad way. For example, children hit by their parents are more...
Words: 1517 - Pages: 7
