...DISCUSSION 1 If my accountant gave me the option of expensing or capitalizing all purchases, my response would be to expense them all. Including all purchases in the company’s calculations would be extremely time-consuming, as even its most minor expenses, such as staples, would be included. However, expensing all purchases would be less time-consuming for the company than capitalizing them would be, as the purchases would be expensed in one period instead of amortized over multiple ones. This would result in cost savings, as the company would not need to hire as many accountants or spend as much money on overtime for them. Moreover, expensing all company purchases would be more in line with the Recognition Principle of the GAAP, which states that costs should be recognized in the accounting period in which they are incurred. However, expensing all purchases will negatively affect the company’s financial statements. When office supplies are purchased, the asset account will be debited. However, when expensing them, the entire office supplies account would be completely emptied at the end of the financial reporting period and the supplies expenses account would be debited by that entire amount, which would cause the company’s assets to look smaller and its expenses higher than they actually are. This would cause the company’s income statement to reflect very high expenses, which would in turn cause the company’s net income to appear lower and negatively impact owner equity....
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...I do agree it is true in Bahrain. Later on, I will go through some of the programs by the ministry of education in cooperation with schools, in order to close the class gap between students . According to what I have read, many poor people are looked up in their position because of the" institutes' policies and lack of opportunities"((Schniedewind & Daivdson, 1998, p.18) .This also happens in schools that "advantage children with class privilege and disadvantage those without" ((Schniedewind & Daivdson, 1998,p.18). Although ,Classism is hard to recognise it could be noticed in teachers expectations from students. Also it could be through hidden messages from school,teachers and even the crriculum. School requirdments for extra money from parents also considers as classisim. Even more, poor...
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...Assignment 5 The transportation and logistics industry plays a major role in the Twin Ports area. I read about the transportation support services on the UWS website and decided to interview my aunt, Karyn. She is a Customs and Border Patrol supervisor for US Customs and Border Protection. I have listed below the interview questions and answers. 1. Job title? Customs and Border Protection Supervisor. 2. What does your typical day look like? What are your duties, responsibilities, and problems you deal with? Are there busy and slow times or is the work activity fairly constant? • Target cargo and persons coming from foreign. • Inspect cargo coming from foreign vessels. • Inspect and examine persons coming from foreign on both vessels...
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...(Financial Management: Principles and Applications) This is a mechanism that is used to facilitate the transfer of savings from those economic units with a surplus to those with a deficit. If we didn’t have financial markets people or companies couldn’t buy houses, life insurance policies, governments or firms couldn’t spend more money than what they actually earned. The text says that the economy would suffer without a developed financial market system. That the rate of capital formation would not be as high if financial markets did not exist. 14-2. Define in a technical sense what we mean by financial intermediary. Give an example of your definition. The financial intermediary collects the savings of individuals and issues its own (indirect) securities in exchange for these savings. The intermediary then uses the funds collected from the individual savers to acquire the business firm’s (direct) securities, such as stocks and bonds. I think an example would be a business giving a direct payment in a savings bond that the employee can match and put the same amount into the same savings plan. 14-3. Distinguish between the money and capital markets. Money market refers to all institutions and procedures that provide for transactions in short-term debt instruments generally issued a by borrowers with very high credit ratings. Capital markets refer to all institutions and procedures that provide for transactions in long-term financial instruments. (Financial Management: Principles...
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...HUNTSVILLE ALABAMA PROJECT: Organizational Structure Angel Menchaca Professor Yates Keller Graduate School of Management 8/17/12 Once an organization finds its organization structure, it will help put them on the road to success. There are three primary project management organizational structures to choose from, which include: functional, matrix, and pure project. Every organizational structure has advantages as well as disadvantages, but choosing the correct structure can help implement a successful project. The Seitz Corporation has allocated funding for a structured project team to develop a plastics plant in Huntsville, Alabama. The board of directors has employed their ideal matrix style-organizational structure in order to create a distributing plant in a relatively short time frame. Although there could possibly be dilemmas and shortcomings of this type of leadership, the benefits could save the team and the project as it comes across risks and other events that could halt progress entirely. As it appears, the Board of Directors has chosen to run with a combination of functional and project style leadership. Taking the benefits of these two styles, they have developed a matrix style structure that envelopes the sole leadership of a project manager, and a multifaceted group of functional experts that are specialists in their related job tasks. There are some indications that the project team is not utilized anywhere else other than the project; in addition, most...
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...Microeconomics and the Laws of Supply and Demand Joel Dominguez ECO/365 July 30, 2015 Billet Microeconomics and the Laws of Supply and Demand After utilizing the supply and demand concepts simulator provided in our week 2 assignment there were many key microeconomic and macroeconomic concepts that were introduce and explained. There also appeared to be a varying shift in both the supply curve and the demand curve whenever the price for each rental unit was adjusted up and down. This simulation was definitely educational as it allowed the student to manipulate and control the prices of each unit and view firsthand what each adjustment did to the supply and demand curve chart and whether or not we met our overall goal of finding an appropriate rental rate and reached the equilibrium point. All of the information supplied will definitely correlate to my understanding of real world products that I am familiar with. As the simulation displayed, a surplus in the market exerted a downward pressure on the price of each rental unit in the city of Atlantis. On the flip side, a shortage in the market would have an opposite effect on the market and would exert an upward pressure on the price of each unit. According to the simulator, in order to find the desired rental rate and occupancy requirements, you must reach the equilibrium point of $1050 per unit on the supply and demand curves respectively. The equilibrium is the point at which the quantity demanded is equal to the...
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...more effective at my current alt-ac job, where I work in a team environment on several very cool projects (a THATCamp, a digital scholarship commons, some library games). Working in a team has been a relatively new experience for me. After all, graduate school—at least in the humanities—doesn’t often teach that skill set. For this reason, I thought it could be useful to share some of my training, in the same way that I did when I learned how to speak to the news media at the most recent MLA. Here, then, are twelve basic things that I learned about working with and leading a team: Projects are temporary. You can’t consider a project to be that thing that you’re going to do every day for the rest of your career. Instead, it’s something that creates a particular product or service, and it has a clear end point. You might compare it to the creation of a syllabus or teaching a course. It has a finite beginning and end. Decide whether or not the project should happen. Not every project should be begun started. When you are beginning work on something, you want to determine if it’s a good use of your resources, what problem the project is trying to solve, and whether or not the project is the best way to fix it. I think that this is particularly hard in universities because we tend to originate our own projects rather than having them brought to us (more on this below). It can be very difficult to admit that what you’ve been wanting to do isn’t worth the time, money, and/or effort...
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...Assignment #2 – “GPS-to-GO Takes on Garmin” After reading the case on GPS-to-GO it was hard to come to the conclusion of Joseph Thomas. Temperament refers to one’s personality meaning are they an introvert or extrovert. Thomas seems to be more of an introvert because when he was in the meeting with Scott and he tried multiple times to get his point across, he was continuously ignored by Scott. Thomas does not seem like a leader that would tell anyone how to do anything. He simply let the project go the way it was going and did not challenge anyone. Yet he wants to convince Scott one way or the other that the project is in great order. Thomas had a last minute meeting with his team to figure out if there is a way the cost could be cut down before he spoke with Scott. He knew the project was over budget for a while but has decided to not speak up about it at all until it was absolutely necessary. Thomas also felt as though he could solve some of the issues of the budget by having the products manufactured outside of the United States. This sounds like a possible solution, but the cost is said to still be over budget. The first stage of the project life cycle is the project initiation. The initiating stage includes establishing the need for the project, understanding the project scope, approximating the time and cost required and securing approval to plan the project in detail (Kloppenborg 2003, p. 14). Joseph Thomas did not approach the first step of the project life cycle...
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...Michelle del Rosario Effective Leadership & Management Class - Barbara Miller Individual Paper March 14, 2013 The Application of the SCARF Model on the 2011 Re-Organization of SF Court Reporters I. INTRODUCTION On Friday, September 30, 2011, the San Francisco Superior Court (SFSC) laid-off a total of sixty-seven (67) employees, including twenty-nine (29) Certified Court Reporters. The Court started the fiscal year of 2011-2012 with a $13.75 million budget deficit, and had initially mailed out two hundred (200) pink slips in July, representing 41% of it’s staff. Fortunately, austerity measures (such as extending mandatory furlough days, enforcing voluntary unpaid time off, reducing office hours, and closing civil courtrooms) and very aggressive negotiations with the Administrative Office of the Courts (AOC) resulted in an additional $7.5 million that was used to salvage one hundred thirty-three (133) careers. September 30, 2011 was a devastating day to these sixty-seven (67) employees, and this paper will focus particularly on the effects of this re-organization on the emotions and reactions of the Court Reporters who were directly and indirectly affected. The SFSC website defines Court Reporters as “guardians of the record”. It is emphasized that not only are they Court employees, but they are also purveyors of transcripts for all interested parties. Their main job duties are providing legislated transcripts of criminal proceedings, and...
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...Analysis Critiques on Video Game Delivery A project management plan document to develop a web-based system for customers to rent video games, for Video Game 2U is provide on which an critical analysis is required. EXECUTIVE SUMMARY This project management plan critical analysis is required by my university and should be developed by the individual student. In this assignment individual is emphasized to criticise a project management plan document created for a Video Game 2U. The team to develop this project (Video Delivery) consist of six members, including project manager & sponsor and ABC Corporation and Julie & ECF (educational consulting firm). The student has to completely identify the loopholes in this project by analysing the project management plan critically and write project management plan based on the criticism. The aim of this assignment is to developed a document of criticising a project management plan created by Video Game 2U and also criticise the project management plan’s deliverables that are project charter, kick off meetings, scope statement, work breakdown structure, organizational chart, milestone report, network diagram, risk management, budget, change request process and lessons learned report. The product important features are mainly focused on educational and sports games because it is a web-based game in which users rent video games on monthly basis and then able to order several video games over the internet, receive the game via express...
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...should have been a class that I should have taken in a classroom setting, but due to my schedule and location, it would not have been possible to do so. To be successful in this course, I was to pay attention to details and work my assignments in sequential order, work consistently and not procrastinate and read all of the course documents. I followed through on some of these things but lacked on some as well. I would have to say that in grading myself, I would give myself a C, which is what I have earned so far in this course. The most surprising thing I learned in economics is that I didn’t really know much at all about the subject, and still do not feel like I have mastered it. I was completely unaware of the Keynesian Economics. I learned more about the history of economic falls in our country. I learned that I was not fully aware of how the economy works especially when it comes to our government and industries. I have gone over so many different things that I am completely overwhelmed and currently cannot specify one specific thing that was eye-opening or life changing. Macroeconomics did change my way of thinking when it comes to the economy and how things are constantly changing and how our unemployment rate effects us nation wide. What I have learned in this class has changed how I feel about money management and not saving. I have always known that I need to save and that my finances could crash at the drop of the hat, but this class has helped me in realizing...
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...Final Assignment Debt in America is extremely common; many people are losing everything they have because of financial trouble. In reading paragraphs three and five, paragraph five was most effective in portraying the writer’s message. The writer gave explanations and examples that created sentence variety and rhythm. By doing this the writer has a flowing piece of writing that makes the reader want to read more. In paragraph five the writer explains in detail about how hard it is to avoid and manage debt. The writer gives superior examples about paying bills, going to the grocery store, and unexpected bills like car tags. He or she also included, that people are told to use cash instead of credit cards to stay out of debt. Is it possible that the use of credit cards can enable people to get ahead with their monthly bills and unexpected visits to the doctor? There can be many stressors that may come up in one’s daily life that cannot be predicted or controlled. What are the results of paying the additional monthly and unexpected bills, if people are expected not to use credit cards and there is no more money left in the budget? Being able to avoiding and managing debt is extremely difficult, particularly when people do not know how to manage the unexpected bills that may come up throughout the month. Submitting my paper to WritePoint was extremely beneficial to my writing experience. After submitting my paper four times I finally came up with a piece that I felt was suitable...
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...Dr. Yeh-Lane Management of Sports Studies 04/18/2014 Professional Interview I chose my mother to perform the assigned interview with. She has worked for Wingate of Wilbraham for a long time now. It was a job she obtained after working for MassMutual. I chose to interview my mother because she has acquired tremendous experience from working within multiple settings in the health field. She provided vital information during the interview from her past experiences which will enable me to learn and grow from. I provided my mother with background information regarding the purpose of the interview assignment. I began the interview by asking her how she came about her career in the healthcare field, she responded, “What got me started in this field is that I had prior experience at MassMutual Financial group overseeing a team of associates and reviewing their work loads and assignments. When I saw the opportunity to be a staffing coordinator, at Wingate of Wilbraham, it seemed to be a much less stressful job than the one at MassMutual. I never received a degree but the combination of college courses that I took which included pre-med, pre-nursing, counseling psychology and then business management and all the jobs I had within those related fields subsequently gave me a variety and a mix of experience and knowledge for my current position.” This really showed me how valuable work experience, coupled with academic experience, can be helpful when applying for jobs or deciding what...
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...Week 6: You Decide Farkhanda Qadir PM 598 I am Shawna, who is managing a large IT project in the healthcare industry, ZAP. “My project is to refurbish an existing office building, install the IT infrastructure, and outfit the area for use as a new telephone answering hub for my company. I took over this project a week ago from John, the previous project manager ( DeVry).” 1. Is Bear or is ZAP responsible for the inspections? What is a reasonable course of action given that the project may have to be delayed a week or more? As Project Manager, I believe ZAP responsible, as Bears have managed to handle the refurbishment of the project. ZAP is responsible as no contract was signed regarding any issues. As Bears being a construction company, they are handling all the painting, interior work of the project. They signed a memo with John, the past Project Manager, whose project I have taken over. As the project discusses an issue of doing a quick review of seeing Bear being responsible, I simply believe that does not make sense or prove anything of having them held responsible for the inspections. Bear can’t make efforts to work on the issue as they have already signed the form of contract with John. Bear have told their responsibilities of work in the contract which we should look upon. ZAP shall be held responsible as they are a healthcare industry and doing an inspection is what they should be aware of as they are dealing with medicines which is fragile to human’s health...
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...Academic Component Literacy is at the heart of basic education for all, and essential for eradicating poverty, reducing child mortality, curbing population growth, achieving equality and ensuring sustainable development, peace and democracy." (UNESCO, 2010) The main function of Literacy is to help people develop academically to be able succeed and communicate in everyday life, however for children with Special Educational Needs their literacy skills develop at a slower pace and they require extra help and support to develop these skills. In this piece I am going to look at what provisions can be made in the classroom that will support and help further develop the literacy skills of children with Special Educational Needs. As of 1998 many primary school teachers followed a technique proposed by the central government called The National Literacy Strategy or ‘Literacy Hour’ as it was commonly known. Literacy Hour required teachers to teach at least one hour of Literacy and one hour of numeracy every day, however in June 2009 it was announced that from 2011 Literacy Hour was no longer a requirement which gave teachers the freedom to teach Literacy how they saw appropriate. (Fisher, 2001). At first the Literacy Hour initiative came under as many people felt that it was not long enough as Literacy is such an important factor of life however it did become successful and many primary teachers still use the technique today (Fisher, 2001). However now that teachers now have freedom...
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