...RUNNING HEADER: Historical Historical Foundations Lisa Sayeh American InterContinental University RUNNING HEADER: Historical Abstract In the Twelfth century Latin was revered as the language of the times. Spreading to different sections of the population resulted in different dialects that became unrecognizable to everyone. Later in the century there were few people who were considered to be literate and they are the ones who help higher positions. RUNNING HEADER: Historical Latin language was the way of communication in the Twelfth century, having a higher demand for communication and the official language of the government, business, education and religion within Western France. With Latin being the living language of the times borrowing dialects from other areas, made it harder for locals in one area to be understood in another location. Just like with any language there are differences from one area to the next. The readings were intended and composed for a specific audience; the chivalric writing of the High Middle Ages was built on the earlier traditions, while integrating ancient roots based on the literature that was sung by the courtly bards. Latin was mainly influenced by the Greek; however Western Europe had a big influence from so far away. This was back in the Golden Age ranging from 70 BCE to 14CE, with poets and prose writers became a huge part in the heritage and the educational heritage from this time. These pose writings are the work of...
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...Historical Foundations Laketa Byrd American InterContinental University Abstract Latin was once the official language used in religion, education, law, business and government until the sixteenth century. Although Latin’s were able to adapt to the native language of other regions, the Latin language became less used and less recognizable to people and many vernacular languages were already beginning to form and spread. Because the vernacular language was easier for anyone to be able to read and write, it became the native language in the later part of the middle ages. Before this time, most texts and literature was written by either the French or Latin and only by those that were superior in literacy and education, professional and rich as they were the main ones using and able to read and write in Latin. When average everyday people started learning how to read and write, they created their own language as a way of communicating with each other, the vernacular language. This language was later used in in everyday life. In this report, I’ll discuss the origin of the vernacular language, how it became widespread and the impact this language had on society, religion and the Latin language. Historical Foundations Latin was once the only language of the Roman Catholic Church and was one of many common languages being used to worship God and was mainly used among the rich and those that were educated and highly literate to help people from...
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...Angela Evans Unit 2 Individual Project 2 Historical Foundations American Intercontinental University February 19, 2012 Latin was one of the languages of choice but in literature it began to change early in the twelfth century. The language beginning to be used was easily understood by all who read this particular literature. Because it was an understood and easy language it spread throughout Europe and Italy. The impact of this changed language would go on to impact a variety of areas including cultures. Latin originated in Rome mainly used in Latium, Rome. It was used as early as the 6th century in the Etruscan alphabet (Ager 2012). Its capacity was spread over other areas of Italy, Europe, Africa, and the Middle East as an ordinary language for everyone (Ager). The alphabet had 23 letters: A B C D E F G H I K L M N O P Q R S T V X Y Z with none being lower case letters, the I and V were consonants and vowels, K, X, Y, and Z were used to write Greek words, and the name Julius as it known to us today was spelled IVLIVS (Ager). The vernacular language was the language that had pushed in front of the Latin language. It was easily understood because it was written in the language used by those within the region respectively. The vernacular language is the dialect used for that particular region whether it was Spanish, French, Neapolitan or Italian to name a few (Matthews, 2012). Some examples of these languages are a poem from the Italian dialect is ritmo...
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...COMPARATIVE ANALYSIS OF FAIR VALUE AND HISTORICAL COST ACCOUNTING ON REPORTED PROFIT: A STUDY OF SELECTED MANUFACTURING COMPANIES IN NIGERIA BESSONG, PETER KEKUNG and CHARLES, EFFIONG DEPARTMENT OF ACCOUNTING FACULTY OF MANAGEMENT SCIENCES UNIVERSITY OF CALABAR, P.M.B.1115, CALABAR, CROSS RIVER STATE, NIGERIA Tel: +234 8037079607 ABSTRACT This study aimed to critically examine the effects of fair value accounting and historical cost accounting on the reported profits. However, since the major objective of any business organization is to make profit and continue in business, what they face in the course of doing their business and the method of accounting they use in reporting their profit may make this noble objective to be unrealistic particularly during inflationary period. Data were collected from both primary and secondary sources and presented and analyzed using ordinary least square. The study revealed that both historical cost and fair-value accounting have significant effect on reported profit. Conclusively, Based on the findings of the study, it is concluded that the amount calculated as depreciation, charged as taxes and paid as dividends greatly influence the operating profit of the company. This simply means that the method of profit measurement will greatly influence the amount charged as taxes, depreciation and dividend on the profit of the company. The study recommended that companies should prepare their financial report using both historical cost and fair-value methods...
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...and heavy, the river floods, bursts its banks, and may take a new course. This represents the dialectical part of Marx’s famous theory of dialectical (or historical) materialism." Historical materialism is a methodological approach to the study of society, economics, and history first articulated by Karl Marx (1818–1883) as the materialist conception of history. It is a theory of socioeconomic development according to which changes in material conditions (technology and productive capacity) are the primary influence on how society and the economy are organised. Historical materialism looks for the causes of developments and changes in human society in the means by which humans collectively produce the necessities of life. Social classes and the relationship between them, plus the political structures and ways of thinking in society, are founded on and reflect contemporary economic activity. Since Marx's time, the theory has been modified and expanded by thousands of Marxist thinkers. It now has many Marxist and non-Marxist variants. Objectives of Study: • To define Historical Materialism. • To discuss about the basic philosophy behind the concept of historical Materialism by Karl Marx. • To study about the Recent Versions of Historical Materialism. • To findout the limitations of the Concept of Historical Materialism. Research...
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...Volunteering – The personal benefits Prewriting – For Prewriting this essay, I chose to use brainstorming. I wrote a list of what I felt the benefits of volunteering were as well as different things about volunteering and then used them to create my essay. Draft Are you bored with your life? Do you feel that you want to do something new or more for your community? Volunteering can be a great way for you to meet new people, get involved with your community and feel good. When you volunteer, whether it’s helping others or volunteering on a project or program, what you are doing will benefit an individual person or many people. Volunteering can be a short or long term situation, but whichever you choose, you should make sure that you are able to commit to the time involved. I volunteer at my church. The program that I volunteer in is called Friendship Ministry. With volunteering for the Friendship Ministry, I share God’s love with people who have impairments and help them become an active member of God’s family. Each mentor is assigned a “friend” that they will develop a relationship with. We sit with our friends and have lunch with them and play activities and sing with them while teaching them that we were all made special and are God’s family. We do this the third Sunday of each month. Each mentor interacts with their friends differently, but makes them feel special. I developed a special relationship with my friend Susan. She lives in a group home run by the state...
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...ANALYSIS OF BIOLOGICAL ASSETS VALUATION WITH FAIR VALUE ACCOUNTING AND HISTORICAL COST ACCOUNTING METHOD IN PLANTATION SUBSECTOR OF INDONESIAN AGRICULTURAL INDUSTRY IN THE PERIOD OF 2007-2012 Karina Putri Ramadhani1 and Indra Pratama2 1 Thesis Writer, Swiss German University 2 Thesis Advisor, Swiss German University Abstract The analysis of biological assets valuation with fair value accounting and historical cost accounting method in plantation subsector of Indonesian agricultural industry, in the period of 2007-2012, tries to evaluate the relevance of historical cost towards the fair value of biological assets. It also tries to look for empirical evidence on the differences in calculations on biological assets between FVA and HCA toward company’s EBIT, net income, and potential tax liabilities. The research tests 5 companies within the plantation subsector in agricultural industry listed in Bursa Efek Indonesia (BEI). This study shows that there is a strong correlation between all variables tested. Among all statistical tests conducted, all hypotheses are rejected. This study concludes that the historical value of biological assets does not represent its real fair market value, or irrelevant. Also, the change in biological assets valuation from historical cost to fair value accounting would significantly affect the company’s EBIT, tax expense, and net income. Keywords: Fair Value, Historical Cost, Agricultural Industry, Plantation, Fair Market, EBIT, Tax Expenses, Net Income...
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...Adrienne Korson Marxism: For and Against Marxism is essentially a critique of Capitalism. In order to understand Marxism, one needs to evaluate the history of Marxism. Heilbroner described Marxism as being “inescapable” (Heilbroner, 15). Marxism is credited with the contribution for uncovering an unsuspected level of reality beneath the surface of capitalism. His mode of inquiry for uncovering the hidden reality of capitalism is through his own invented process of socioanalysis. Because of Marx’s legacy of revealing the reality of capitalism, Heilbroner compares him to Freud and Plato, all whose works are inescapable for the truths they have unveiled. Freud and Plato both unveiled hidden realities. Marx shared a further similarity in the sense that his “combination of insight and method permanently altered the manner in which reality would thereafter be perceived” (Heilbroner, 17). Marx’s works in his book Capital is still more relevant today than Adam Smith’s renowned work Wealth of Nations. Marx‘s book placed importance on technology and crises and social tension, and more importantly, undertakes the task of critiquing the political economy. However, the problem of Marxism is within trying to define it. Heilbroner believes that there exists a set of premises that can assist in defining Marxist thought, “so that any analysis that contains these premises can be properly classified as Marxist” (Heilbroner, 20). There are four main premises as described by Heilbroner; the...
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...1950s, climatologists began to establish synoptic climatologies based on this idea in 1973. Based upon the Bergeron classification scheme is the Spatial Synoptic Classification system (SSC). There are six categories within the SSC scheme: Dry Polar (similar to continental polar), Dry Moderate (similar to maritime superior), Dry Tropical (similar to continental tropical), Moist Polar (similar to maritime polar), Moist Moderate (a hybrid between maritime polar and maritime tropical), and Moist Tropical (similar to maritime tropical, maritime monsoon, or maritime equatorial). Historical geography is the study of the human, physical, fictional, theoretical, and "real" geographies of the past. Historical geography studies a wide variety of issues and topics. A common theme is the study of the geographies of the past and how a place or region changes through time. Many historical geographers study geographical patterns through time, including how people...
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...Assignment 2 1. On February 7, 2014, a subsidiary sold land to its parent for $25,000, and showed a loss of $4,000. The parent sold the land to an outside party in 2018 for $30,000. At what amount should the land be shown on the December 31, 2014 consolidated balance sheet? How much gain/loss on the sale of the land should be reported on the 2018 consolidated income statement? Prepare the working paper entry (in journal entry format) for the intercompany sale for the parent and its subsidiary for the years ended December 31, 2014, 2015, and 2018. 2014 Land $4,000 Intercompany loss on sale $4,000 2018 Loss on sale of land $4,000 Retained earnings $4,000 2. Sally Corporation (a 75%-owned subsidiary) owned a truck with an original cost of $12,000. It had been depreciated for $7,500 in the last 5 years on the straight-line method with 8 years of life and no salvage value. On January 1, 2014, Sally sold the truck to its parent, Paulson Company for $5,280. Prepare the working paper entry (in journal entry format) for the intercompany sale for Paulson Company and subsidiary for the years ended December 31, 2014 and 2015. 2014 Intercompany gain on sale of truck $780 Truck $780 Accumulated Depreciation $260 Depreciation expense...
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...states that fair value takes over for the old, worn out system of keeping books at historical value. She talks about how using fair value makes account more reliable. Also, it was believed fair value accounting was part of the reason the stock market crashed in 1929. Another point that Karthik had was why people actually support fair value. Fair value replaced the old, worn out system of keep books at historical value. With historical value, you never really need to record anything if the price becomes cheaper. It is a way for your assets to look larger than they actually are. If you record an item at fair value, you are normally reducing that value, so you are also reducing your assets. Sometimes you must actually increase the value because you paid less for the item than it is now worth. Fair value also helps with an insurance policy. If you have something that is stolen, and you do not get a settlement from your insurance company, you record the loss at the adjusted fair value. Fair value is a more reliable form of accounting, at least according to some people. It is believed that if someone is using the real cost on the books, it’ll mean that they are more accurately reporting what they have. Others believe that historic costing is more reliable because you are accurately showing what the product WAS worth. I believe that you should always use the fair value of a product, because historical costing can be overstated. If you are going to make sure that you are accurately portraying...
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...out the basic conflict between what we know as socialism and capitalism, doing so by first examining what he calls the “Materialist conception of history” (Engels 1939, p. 292). In his materialistic history he claims that the exchange and bartering of products, and their production is the “basis of every social order” (Engels 1939, p. 292). He states that in every society that has ever appeared in history, the distribution and production of goods and the division of society into estates and classes is “determined by what [and how it] is produced… and the exchange of [said] product.” (Engels 1939, p.292) Thus, according to Engels, the basis of our society revolves around production, and consumption, which can clearly be seen even today. Historical Materialism can then be defined as the forces of production, the exchanges of products, and the division of labor according to one’s ability to produce. However in society, often people live from the work of others often called the Bourgeoisie by Engels (p. 292), and it is because of the capitalist mode of production that such a ruling class could be created, and benefit from the work of others. It is here then that we find the fundamental contradiction in capitalism. To find this contradiction, we must look back onto a time when feudalism was the center of the economy, where small-scale production was common, and where the “instruments of labor -land…[a] workshop, tools- were the instruments of [the] labor of individuals, intended...
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...Worldview Analysis Essay The institution of family and marriage was at one point one of the strongest institutions between two people that existed in the world. However, due to process philosophy, we can now see that same institution is being attacked and transformed into something that God objects to. As Christians, the Bible is our way to better understand and worship God. If we explore the ESV version in Genesis 2, we see God made man and woman and said that they “shall become one flesh”. Karl Marx however, offered up a different approach. Marx was an Atheist and therefore did not believe in God or the word of God (Martin, 2006). Marx’s atheistic teachings created a succession of process philosophers that eventually brought us to our current situation. By not believing in or following God’s word or established institutions, in this case the family and marriage, humans begin to go against God and away from God. In today’s world, the news headlines are filled with results of process philosophy; homosexual “marriages” being legalized, divorce rates are sky high, domestic violence rates up above normal, etcetera. The biggest of the issues in my opinion that involves process philosophy is the national legalization of homosexual “marriages”. The phrase most frequently used is “gay marriage”. This wording however does not align within a biblical worldview because marriage is between a man and woman. “You shall not lie with a male as with a woman; it is an abomination” (Leviticus...
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...ВЫСШЕЕ ПРОФЕССИОНАЛЬНОЕ ОБРАЗОВ АНИЕ И. В. ЗЫКОВА ПРАКТИЧЕСКИЙ КУРС АНГЛИЙСКОЙ ЛЕКСИКОЛОГИИ A PRACTICAL COURSE IN ENGLISH LEXICOLOGY Рекомендовано Учебно методическим объединением по образованию в области лингвистики Министерства образования и науки Российской Федерации в качестве учебного пособия для студентов лингвистических вузов и факультетов иностранных языков 2 е издание, исправленное УДК 802.0:801.3(075.8) ББК 81.2Англ 3 я73 З 966 Р е ц е н з е н т ы: доктор филологических наук, профессор кафедры стилистики английского языка Московского государственного лингвистического университета Е. Г. Беляевская; доцент кафедры английского языка Московского государственного лингвистического университета Т. В. Тадевосян; кандидат филологических наук, доцент кафедры английского языка Московской государственной юридической академии А. В. Дорошенко Зыкова И.В. З 966 Практический курс английской лексикологии = A Practical Course in English Lexicology : учеб. пособие для студ. лингв. вузов и фак. ин. языков / Ирина Владимировна Зыкова. — 2 е изд., испр. — М.: Издательский центр «Академия», 2007. — 288 c. ISBN 978 5 7695 4062 2 Учебное пособие охватывает всю программу курса лексикологии анг лийского языка. В нем рассматриваются важнейшие проблемы лексико логии в свете ведущих принципов современной лингвистики. Введение в теоретические проблемы курса осуществляется на фоне обобщающего описания основ лексического строя английского языка. Каждый раздел пособия снабжен вопросами...
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...Marxism Today Student’s Name University Affiliation Marxism Today Identify an emerging country and discuss why Marxism might be an option for the country and discuss how Tocqueville may view the country if he were to visit it today. Karl Marx is considered as the father of communism (Wright, Levine & Sober, 1992). He is an individual who has made a lot of contributions in policies of the economy as well as various writing that he has made. This has especially influenced many of the leaders in the emerging countries especially in the way that they run their economies. The main idea that was raised by Karl Marx is that of communism that is highly applied in countries such as china and Korea and has been a major contribution to the prosperity if these economies. He advocated for the unity of the workers. Emerging countries on the other hand are defined as that is on the road attaining industrialization. The theory of Karl Marx can be highly applicable to these economies to help them in the process of industrialization. The country we are going to focus on in this assignment is India. India is considered as in of the emerging economies in the world that for a very long time had practiced capitalism on a very large scale and it is recently losing the sense for the capitalism system. India has been struggling with its economy in terms of bringing about economic growth and also in the terms of providing quality standards of living for their people and this has been caused...
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