...Week 1 DQ 1 Why is it important that financial accounting systems report performance fairly and factually? Financial accounting systems are responsible for recording, monitoring and maintaining all financial and accounting transactions within an organization. It is crucial that financial accounting systems report performance fairly and factually because the information within the system is required for the organization to make good economic decisions that could make or break the entire business. The reports that are created by financial accounting systems are used to provide information to outside parties such as tax experts, creditors, and/or potential investors. Inaccurate financial reports can lead an organization to experience legal issues, financial fraud, and can cause a bad reputation for the overall organization. In order to maintain and grow a profitable business, organizations must rely on fair and factual financial reports. Financial accounting systems must also report performance fairly and factually to ensure that the organization is performing and operating properly. An inaccurate financial report, for example, can cause an organization to make an economic decision that the organization may not be able to afford to do. In a health care organization, financial reports must also be accurate to avoid errors in medical billing that can lead the organization to lawsuits and major financial losses. Financial reports that are not created fairly and factually...
Words: 595 - Pages: 3
...Week 1 DQ 1 What is strategic management and planning? Strategic management is the set of choices, activities that result in the preparation, and then carrying out in the plans that are designed to succeed in an organization’s objectives. Strategic management, planning is critical to the success of any organization through strategic planning an organization has the ability to open the door wide open for opportunity. Why would a strategic plan be important to the success of this business? Strategic planning is very important to an organization it define the organization’s values, create an organized visions to chart the direction of the organization this includes setting goals for future growth of the organization. The process begins with the statement of the organization’s vision, their objectives, their current organization’s strengths, weaknesses, available opportunities, and possible threats. Management develops implements and monitors a strategy. How are the four functions of management relative to creating and implementing a strategic plan? The four functions of management Planning, organizing, leading and controlling are relative to creating and implementing a strategic plan because it provides the necessary tools for building and organizing a plan to be successful. The four functions of management allow a plan to be successfully executed in an organization. The business I would like to start would be an old time malt shop called a Step Back in Time. It would have...
Words: 316 - Pages: 2
...PSY475 (Week 1 DQ 1) Summarize the major assumptions and fundamental questions associated with psychological testing? The definition of test in our text reminds me of the definition of hypothesis that I encountered when I took my first statistics class. A hypothesis is not a simple prediction; rather the chore of a good hypothesis is the elucidation of causality (Aron, Aron & Coups, 2006). It is not enough to simply predict what will happen when vinegar is added to baking soda. A good hypothesis would propose a cause for the chemical interaction and further would devise a set of experiments to unearth that cause. In the same way, I thought that the “test” was merely the instrument by which causality was unearthed. Both of the standard definitions from the Oxford English Dictionary and Standards for Educational and Psychological Testing were clearly circular. For one, I don’t think you are supposed to use the term being defined in the definition. The text offers a six element definition of the word test (Hogan, 2007). Collective the six dimensions describe testing as a procedure or device used to yield quantifiable, measurable information about behavior and cognitive processes through a systematic, standardized procedure. I suppose the most fundamental question of psychological testing is: can behavior—cognitive or corporeal—be quantified into valid, reliable, usable, relevant numerical values? And further can the quantifications elucidate causality, because if they can’t then...
Words: 341 - Pages: 2
...FIS 250 Week 1 DQ 1 And DQ 2 To Buy This material Click below link http://www.uoptutors.com/FIS-250/FIS-250-Week-1-DQ-1-And-DQ-2 Week 1 DQ 1 Recall that pure risk is defined as a “situation in which there are only the possibilities of loss or no loss,” and speculative risk is described as a “situation in which either profit or loss is possible” (Rejda, 2008, p. 6). Based on what you know about these types of risk, why do private insurers typically refuse to insure speculative risks? How does the law of large numbers affect speculative and pure risks? Discuss why personal, property, and liability risks are pure risks and provide examples in your response. Week 1 DQ 2 Recall that insurance creates benefits and costs for society. Review some of the benefits of insurance outlined in Ch. 2 (pp. 28–29) of the text. Compare those benefits with the costs of insurance described on the Web site for the Coalition Against Insurance Fraud at www.insurancefraud.org. Click on the Consumers button followed by the Useful Link and then click on the Learn About Fraud link. According to the Web site, how much does insurance fraud cost Americans each year? How are individuals and families impacted by insurance fraud? Why should the benefits and costs of insurance matter to you? In your opinion, do the benefits outweigh the costs or do the costs outweigh the benefits? For more Assignments visit:...
Words: 254 - Pages: 2
...ACC 220 WEEK 1 DQ 1 AND DQ 2 To purchase this visit here: http://www.nerdypupil.com/product/acc-220-week-1-dq-1-and-dq-2/ Contact us at: nerdypupil@gmail.com ACC 220 WEEK 1 DQ 1 AND DQ 2 Discussion Questions Based on what you know about accounting, what role do you see it playing in business operations? How dependent do you think a business is on its accounting department? Explain why. Why are ethics so important in the field of accounting? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 220 Week 1 DQ 1 and DQ 2 in order to ace their studies. ACC 220 WEEK 1 DQ 1 AND DQ 2 To purchase this visit here: http://www.nerdypupil.com/product/acc-220-week-1-dq-1-and-dq-2/ Contact us at: nerdypupil@gmail.com ACC 220 WEEK 1 DQ 1 AND DQ 2 Discussion Questions Based on what you know about accounting, what role do you see it playing in business operations? How dependent do you think a business is on its accounting department? Explain why. Why are ethics so important in the field of accounting? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 220 Week 1 DQ 1 and DQ 2 in order to ace their studies. ACC 220 WEEK 1 DQ 1 AND DQ 2 To purchase this visit here: http://www.nerdypupil.com/product/acc-220-week-1-dq-1-and-dq-2/ Contact us at: nerdypupil@gmail.com ACC 220 WEEK 1 DQ 1 AND DQ 2 Discussion Questions Based on what you know about accounting, what role do you see it playing...
Words: 465 - Pages: 2
...PROJ 410 Week 1 DQ 1 To Buy This material Click below link http://www.uoptutors.com/proj-410/proj-410-week-1-dq-1 There are many reasons to pursue business process outsourcing and project procurement, including flexibility, improving methodologies, and increasing productivity. Taking into consideration budget, scope, schedule, and risk, what are some of the other reasons to contract part or all of a project or business process? What are some of the drawbacks to outsourcing? Again, consider this question from the budget, scope, schedule, and risk standpoint. Please remember to answer all components of the question. What is Business Process Outsourcing? What are the common areas that business process would outsource to other companies or organizations? What are the common reasons for outsourcing business processes? What are the benefits of outsourcing processes? What are key components in the project procurement management process? Do you feel that the adequate selection of a contract structure, based on the circumstances in place at the time, can help you limit your risk? Organizations want everything for less! Is this because they have to make a profit? We’ve talked about qualifications, fees, price, quality, etc. What about profit? What role does it play? Is it always good for the company to pay least price for contract job or product procurement? As a private entity, do you feel government regulations are good in promoting fairness and the selection of the best vendor...
Words: 292 - Pages: 2
...1. What is management? Why is management necessary? How do you think management has evolved? To me management is the motivation, leadership and supervision of a workforce or work group. It’s being able to build a team environment where can help develop my team and coach and mentor them to reach new goals. Management is necessary to deliver the visions, goals and missions from our Chief Executive Officers to our frontline employees. Also you are to ensure that the messages being delivered are clear and concise. According to our book we have different levels of management and it seems that all of these levels are important to accomplish our overall goals. However, I would say that one of the most important would have to be our frontline managers. They are the most important I feel because they are the first responders and motivators to our employees. These managers have to be very flexible and balanced. They get information and objectives from the top and also have the issues coming up from the bottom. They are graded usually on how well they can perform and meet the goals laid out from the mid-level managers and at the same time have to keep the focus of their frontline employees on track to meet these goals. This is where I feel that management has evolved over the past few decades. A mangers duty is no longer just to assign the work, set the deadlines and discipline the employees. They need to be good coaches and engage their workforce. Managers have to come up with new...
Words: 754 - Pages: 4
...Taking a closer look at any worldview, we find that it pertains to one’s own beliefs that is their own big picture of how things “really” are. The following areas are the areas in which these beliefs may be founded: 1.” God: Is there a personal, transcendent Supreme Being to whom we are all accountable? If so, what is this God like? If not, then what? etc. 2. Creation: Where did the world come from? What sustains it all? Is there a spiritual part of reality, or is it all material? etc. 3. Humanity: Who are we? What gives us any unique value? etc. 4. Moral Order Who makes the rules? Do some rules apply to everyone? etc. 5. Purpose: Why do we exist? Is there a reason for the world we live in? etc. (Worldview Matters, 2006). My personal worldview is that of a Christian in which I believe in God, Jesus, and the Holy Spirit. I believe that Jesus died for our sins, that we may be saved, as stated in John 3:16-17 “16-For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. 17-For God sent not his Son into the world to condemn the world; but that the world through him might be saved (Biblegateway, 2015) References Worldview Matters. (2006). Retrieved on August 12, 2015 from http://www.biblicalworldview.com/a_instructor.html Biblegateway. (2015). Retrieved August 12, 2015 from...
Words: 264 - Pages: 2
...Week 1 – Discussion Question 1: ACC How would you describe the entries to record the disposition of accounts receivables? What is their function? How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method? Companies dispose of accounts receivable for two main reasons. This may be their only reasonable source of cash, usually because they are unable to use typical borrowing methods. Also, billing and collection is costly and time-consuming, things many companies cannot afford. One of the most common ways for a company to dispose of their accounts receivable is by the method is a sale to a factor. To better explain, a factor is a finance company or back that can buy receivables from a business and then go directly to the customers and collect the payments. The factor in these cases charge fees for providing the service but the service itself can be extremely helpful to a smaller business that cannot afford the time-consuming process. As for the books, cash and fees are counted as a debit; the total of receivables purchased is recorded as a credit. This can help to eventually even out the books or accounts once debts are paid. There are two main methods for bad debts the first is the direct write-off method. It is not accepted for financial recording under the GAAP. This is mainly because the actual losses from the uncollected debts are recorded in a different period than when it occurred. This can affect financial statements...
Words: 311 - Pages: 2
...Week 3 DQ 1: In my attempt to search for academic honest in higher learning using search engines, little was found. When I first said searching, I decided to use google.com and ask.com as my search engines. I decided to look for academic honesty in higher learning (in its entirety). I had more luck with my findings when I used google.com than when I used ask.com. I picked a few websites that sounded like they'd be useful when writing a paper on the topic. The first two that I chose to visit were findarticles.com and wiki.answers.com. Wiki.answers.com literally gave a one sentence definition of what is believed to be academic dishonesty. Findarticles.com gave a short and simple description on academic dishonesty in online courses and provided a few links to articles about academic dishonesty. Those articles gave very little information on plagiarism and other terms defining academic dishonesty. One of the articles only informed a person about using correct citations in a paper and it was only six to eight sentences long. As with google.com, ask.com provided many links to many different colleges and academic institutions. I'm looking for academic integrity, not links to colleges, or links to different colleges' guidelines on their ideas on academic integrity (although they could somewhat prove to be useful). One thing that I was hoping for were statistics (real case studies) on academic dishonesty in higher learning. I did a search using ask.com for statistics...
Words: 778 - Pages: 4
...A++PAPER;http://www.homeworkproviders.com/shop/pos-410-week-1-dq-12/ POS 410 WEEK 1 DQ 1&2 POS 410 Week 1 Dq 1&2, A relational database matches data by using common characteristics found within the data set. The resulting groups of data are organized and are much easier for many people to understand. For example, a data set containing all the real-estate transactions in a town can be A relational database matches data by using common characteristics found within the data set. The resulting groups of data are organized and are much easier for many people to understand. For example, a data set containing all the real-estate transactions in a town can be In the field of relational database design, normalization is a systematic way of ensuring that a database structure is suitable for general purpose querying and free of certain undesirable characteristics; insertion, update, and deletion anomalies that could lead to a loss of data integrity. Informally, a relational database table is often described as "normalized" if it is in the Third Normal Form. Most 3NF tables are free of insertion, update, and deletion anomalies, i.e. in In the field of relational database design, normalization is a systematic way of ensuring that a database structure is suitable for general purpose querying and free of certain undesirable characteristics; insertion, update, and deletion anomalies that could lead to a loss of data integrity. Informally, a relational database table is often described...
Words: 347 - Pages: 2
...Discussion 1: Course Policies In my opinion, to keep up with deadlines and daily work is vital to the success of any course and program. It is important to complete assignments promptly to avoid losing points in the class for this aspect. As students, we cannot procrastinate at any point because that will delay our work and then if something else comes up we will regret it. Being such fast paced course, we will need to take advantage of the time and engage in effective time management. I admire your courage Robert, in returning to your studies and getting back on track. In my case, this is my first doctoral course, after taking a bridge course between my masters and the doctoral. All these policies are scary, but if we do not follow them it is on us. The University provides us with all the tools that we need to succeed. Your example of coming back to study shows us how important all these goals are to become better individuals and professionals. Discussion 2: Doctoral Journey Assumptions I first thought about a doctoral degree because of my past job. It was a competition because I used to work at a University. Then, when I left that job, I thought about it more in depth and found out that it was what I wanted. The only difference was that if I was still in that job I was going to study something that I did not like. Now I am in a program that I know I will love. Obviously, like most of my fellow learners some of my assumptions about the program are that...
Words: 912 - Pages: 4
...the positives and reinforce the negative with only positive thoughts, this will help and encourage. For example you just failed a test, instead being negative with yourself and thinking you didn't try enough or you're not smart enough remind yourself to try harder and that you will get a good grade on the next one. By replacing these negatives with a positive thought you will keep the right attitude about most situations. If you stay positive and push away the negative thoughts it will be hard but you are able to keep a good attitude with everything. There also will be disadvantages with having a positive only mindset. Yes, it is acceptable to be positive the majority of the time but sometimes you may need a little negativity. Going back to week one, if you are always staying positive this can impact your emotional health. A family member has passed away there is no way you can be positive and not upset. You will think about the negative thoughts as well and this is a good example of not always having to be positive. If you did not have any negative thoughts over a situation like this you would not be emotionally healthy. Overall, keeping a positive attitude about everything and not letting the small bumps of life take you down you will be able to overcome many of life’s...
Words: 255 - Pages: 2
...POS 410 WEEK 1 DQ 1&2 A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=pos-410-week-1-dq-12 Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION POS 410 Week 1 Dq 1&2, A relational database matches data by using common characteristics found within the data set. The resulting groups of data are organized and are much easier for many people to understand. For example, a data set containing all the real-estate transactions in a town can be A relational database matches data by using common characteristics found within the data set. The resulting groups of data are organized and are much easier for many people to understand. For example, a data set containing all the real-estate transactions in a town can be In the field of relational database design, normalization is a systematic way of ensuring that a database structure is suitable for general purpose querying and free of certain undesirable characteristics; insertion, update, and deletion anomalies that could lead to a loss of data integrity. Informally, a relational database table is often described as “normalized” if it is in the Third Normal Form. Most 3NF tables are free of insertion, update, and deletion anomalies, i.e. in In the field of relational database design, normalization is a systematic way of ensuring that a database structure is suitable for general purpose querying and free of certain undesirable characteristics; insertion, update, and deletion...
Words: 362 - Pages: 2
...documents: IT 237 Latest Version Entire Course 2014 Latest Version A+ Study Guide.docx IT 237 Latest Version Week 1 CheckPoint - Creating A Basic Page.zip IT 237 Latest Version Week 1 DQ 1.docx IT 237 Latest Version Week 1 DQ 2.docx IT 237 Latest Version Week 2 Assignment - Create an index.html page.zip IT 237 Latest Version Week 2 CheckPoint - CSS Description Types.docx IT 237 Latest Version Week 3 CheckPoint - Create and add a styles.css IT 237 Latest Version Week 3 DQ 1.docx IT 237 Latest Version Week 3 DQ 2.docx IT 237 Latest Version Week 4 Assignment - Create links.html add navigation.zip IT 237 Latest Version Week 4 CheckPoint - Absolute and Relative Links.docx IT 237 Latest Version Week 5 CheckPoint - Create an images.html page.zip IT 237 Latest Version Week 5 DQ 1.docx IT 237 Latest Version Week 5 DQ 2.docx IT 237 Latest Version Week 6 Assignment - Create a bio.html page.zip IT 237 Latest Version Week 6 CheckPoint - Quick Check.docx IT 237 Latest Version Week 7 CheckPoint - Create a forms.html page.zip IT 237 Latest Version Week 7 DQ 1.docx IT 237 Latest Version Week 7 DQ 2.docx IT 237 Latest Version Week 8 Assignment - Web Site Publishing Process.docx IT 237 Latest Version Week 8 CheckPoint - Professional Standards.docx IT 237 Latest Version Week 9 Capstone DQ.docx IT 237 Latest Version Week 9 Final Project - Refine Your Site.zip Week 1 Complete Acculturation. The textbook discusses the process of acculturation. After viewing the film, Indian...
Words: 410 - Pages: 2
