Wednesday, August 26, 2020

Zambia Essay Example | Topics and Well Written Essays - 2000 words

Zambia - Essay Example The creators give reviving thoughts on how Zambian riches could be upgraded through plan of better arrangements on condition in a nation that vigorously depends on copper digging for its financial pillar. The creators recognize that advancement of Zambian economy principally depends on â€Å"prudent ecological management†. To guarantee the protection of riches in the nation, Aongola et al underscore on the need of advancing â€Å"sustainable development† in all segments of Zambian economy. The creators allude widely to past exploration on Zambian economy and assets. This article furnished me with a more extensive point of view of Zambian normal assets and social, political hindrances that causes unreasonable use of assets. 2. Campbell, et al. Miombo forests: Opportunities and hindrances to maintainable woodlands the board. 2007. 2 June 2011. Recovered from http://www.cifor.cgiar.org/miombo/docs/Campbell_BarriersandOpportunities.pdf The creators are characteristic assets specialists, with numerous long periods of showing involvement with Universities across southern Africa. This article centers around the Miombo Woodland, broad tropical and occasional forest that covers a roughly 2.7 million Km2 across seven southern African nations including Zambia. The creators give a review of the basic job that Miombo forest play in keeping up occupations of around 100 million occupants in southern Africa. The creators note, â€Å"high destitution levels in these nations have come about to overexploitation of the forest, a circumstance that undermines the environmental parity in Zambia†. This article gives a significant commitment to this paper by featuring the significance of Miombo forest assets in moderating destitution in Zambia and other southern African states. 3. Dorothy, F. A survey of monetary, administration and normal asset strategy change in southern Africa, with extraordinary reference to the instance of Zambia. 11 Oct 2004. 1 June 2011. Rec overed from http://www.infra.kth.se/courses/1H1142/Furberg_EconChange.pdf This article centers around the financial, administration and common assets strategies in Zambia. The creator recognizes absence of evenhanded and reasonable financial advancement as the primary difficulties that subvert social, political and monetary improvement in Zambia. The creator properties the current natural and financial issues in Zambia to past political systems in the nation that actuated â€Å"poor political frameworks and ecological approaches in the country†. The article gives an invigorating authentic diagram of Zambian political development and how it has affected abuse of common assets in the nation to date. 4. Jumbe, et al. Commitments of the Dry Forests to Rural Livelihoods and the National Economy in Zambia. 2007. 2 June 2011. Recovered from http://www.cifor.cgiar.org/miombo/docs/ZambiaNationalCaseStudy.pdf The creators have fundamentally assessed the job of dry woodlands in improvin g economy of Zambia particularly in the rustic districts. As indicated by the creators, dry backwoods in Zambia are significant wellsprings of wood, kindling, nectar, wild natural products, customary medication, horticulture and a significant wellspring of salary among the country occupants. This article is reviving in light of the fact that it centers around woods, a significant non-mining asset in the Zambian economy. 5. MTENR. National Policy on Environment: Zambia. May 2005. 1 June 2011. www.mtenr.gov.zm/index.php?option=com_docman&task=doc The article is the strategy report of the Zambian government on the earth and it features the key objectives of improvement through use of characteristic assets. The administration services, including the travel industry, condition and normal resou

Saturday, August 22, 2020

Full Sentence Outline free essay sample

I decided to have them as the primary concerns so they could open my contentions and I would have the option to demonstrate my point with every announcement following that. I need my story to stream pleasant and easily so I attempted to put in everything in a request with the goal that one sentence streams easily into the following. I expressed the realities about how a sound heart should capacity and how an unfortunate heart may capacity to help any counterarguments. I likewise referenced the advantages of insignificantly intrusive medical procedure and nanotechnology versus customary heart human services.

Friday, August 21, 2020

MindMeister Wins 2008 Innovation Award

MindMeister Wins 2008 Innovation Award Its been a good week great weather, more user registrations than ever before, and finally the news that MindMeister has won the 2008 Innovation Award of the german SMB Initiative in the category Web 2.0! MindMeister was selected from over 1600 submitted tools and sites and they said we should be duly proud (well, we are!) The prize is awarded to software tools particularly suited for use in small and medium businesses. So my colleague Till just came back from CeBIT in Hanover where the prize was awarded and the glass trophy fits snugly beside last years design award. Your first award is always special of course, but when they give you a second one you know it wasnt just a fluke! Well take this as an incentive to keep working hard on our online mind mapping tool and improve it for all our users in releases to come. See some pictures of the award ceremony or read the official press release (german only, Im sorry guys). Get Started with Mind Mapping Try MindMeister MindMeister Wins 2008 Innovation Award Its been a good week great weather, more user registrations than ever before, and finally the news that MindMeister has won the 2008 Innovation Award of the german SMB Initiative in the category Web 2.0! MindMeister was selected from over 1600 submitted tools and sites and they said we should be duly proud (well, we are!) The prize is awarded to software tools particularly suited for use in small and medium businesses. So my colleague Till just came back from CeBIT in Hanover where the prize was awarded and the glass trophy fits snugly beside last years design award. Your first award is always special of course, but when they give you a second one you know it wasnt just a fluke! Well take this as an incentive to keep working hard on our online mind mapping tool and improve it for all our users in releases to come. See some pictures of the award ceremony or read the official press release (german only, Im sorry guys). Get Started with Mind Mapping Try MindMeister

Sunday, May 24, 2020

American Needs More Government Jobs Programs Essay

According to Livermore (2008), people who are actively looking for work but are not currently in a contractual arrangement are considered unemployed. Since the recession in 2007, unemployment has been an ongoing problem in America. Many companies were laying off thousands of employees because they could not pay them. As of September 2011, the South and the West has the highest concentration of unemployment. Nevada has the highest jobless rate, 13.4%, followed by California with 12.1% (Cooper, 2011). The collapse of the housing bubble left Nevada with high rates of unemployment. South Carolina’s unemployment rate is 11.1% and is the fourth highest in the nation (Cooper, 2011). Most people had a hard time finding work because they†¦show more content†¦Individuals with fewer skills were left out of the job training loop. People who did receive training graduated to less skilled jobs which left them with fewer opportunities for advancement. The Workforce Investment Act was approved on July 30-31, 1998 by the Senate and House. It became a law on August 7, 1998. This bill repealed the Job Training Partnership Act. It changed federal statutes governing job training programs, adult education and literacy, and vocational rehabilitation (Department of Employment Services, n.d.). There are several goals for the Workforce Investment Act: it codifies the one-stop career center system approach; established performance accountability; it provided coordinated, customer friendly, workforce development; it provide individual choice through the use of individual training; it recognized labor market information; and established and reinforced comprehensive employment statistics program (Department of Employment Services, n.d.). Codify means to organize into a code or system (Webster’s Online Dictionary, 2011). According to the U.S. Department of Labor (2011), a one stop center provides assistance to job seekers under one roof. Core services required for one stops are intake and orientation; assessment of skills; job search, placement, and counseling; labor market information; performance and program information about eligible training providers; local area performance information;Show MoreRelatedWe Need A Permanent For Federal Government Subsidized Job Program1616 Words   |  7 PagesProposal: We need a permanent, federal government subsidized job program where those who want to work should be able to work. It should be available for all citizens and legal residents of America, including felons, disabled people, and those above the poverty line. It should truly be nationwide and uniform in its implementation. Finally, it should be permanent, as there are many people who cannot find employment even though the Great Recession is over. Program funds not used in times of prosperityRead Mo reFederal Government Subsidized Job Program Essay1672 Words   |  7 PagesProposal: We need a permanent, federal government-subsidized job program which ensures that those who want to work will be able to work. The program should be available for all citizens and legal residents of America that are sixteen years or older, including felons, disabled people, and those above the poverty line. It should truly be nationwide and uniform in its implementation. Finally, the program should be permanent, as there are many people who cannot find employment even though the Great RecessionRead MoreRoosevelts Socialist Plans Essay1732 Words   |  7 Pagesthings led to the downward spiral of the American economy. During this time people needed someone to look up to for change and guidance, that person was Franklin D. Roosevelt. Roosevelt was elected president in 1932. Once he was elected he came up with the New Deal programs. These programs were a series of government funded projects that lowered unemployment, strengthened the value of the dollar, and kept money in circulation. The purpose of the New Deal programs were the 3 R’s; relief, recovery, andRead MorePresident Hoover s Voluntary System Of Associationalism And Limited Government1391 Words   |  6 PagesAfter the Stock Market crashed in 1929, the American economy was at its lowest point. The consequences of this crash were that the birth rate decreased, over 70,000 businesses were forced to close, and jobs became so limited that white workers started taking the undesirable jobs previously held by the African Americans and Mexicans. President Hoover’s voluntary system of associationalism and limited government did not help with the economic recovery. In February 1933, â€Å"the Senate passed a resolutionRead MoreGovernment Assistance Programs1243 Words   |  5 PagesUnemployment and poverty pervaded American society during the Great Depression of the 1930s. Fatherless children ran abundant in the streets. Money was worthless unless it was for toilet paper. Many families were evicted from their homes, marriage was delayed, and the birthrate fell. The economic collapse of the 1930s was terrifying. For about seven years, Americans suffered greatly in the Great Depression until in 1933 when Franklin D. Roosevelt started his First Hundred Days campaign, leading toRead MoreEssay on Unemployment and Job Retraining Programs1570 Words   |  7 Pagesleaders in government. There have been plans in the works in the Obama administration to create more jobs, yet nothing has come to fruition. Currently, as Congress is teetering towards gridlock once again, the Republican House Speaker and House Majority Leader have proposed to President Ob ama that he include a plan called â€Å"Georgia Works† into his latest proposal to Congress. The program would find temporary jobs for people without any cost to the employers. These people would also receive job trainingRead MoreThe Minimum Wage Is Not The Best Policy Essay1213 Words   |  5 PagesWhen the costs of labor increase, there is a deadweight loss of employment associated with this reduction in hiring (quantity demand), which reflected in the loss for employers (consumer) and job seekers (producers). In 48 years, from 1968 to 2016, the U.S GDP has rapidly, and steadily increased to 361.5 percent from 4.62 trillion dollars to 16.7 trillion dollars. Relating this statistic to the federal minimum wage, in 1968, the federal minimum wage is 1.60 dollars per hour, if the federal minimumRead MorePoverty Essay1399 Words   |  6 PagesIn today’s world, poverty is happening throughout many societies. Poverty is defined as a person who is living of off of paychecks to pay checks; or not having enough money to meet basic needs such as, food, shelter, and clothing. Poverty has been a social issue that has been around for many years in the United States, and as the years continue to pass by poverty tends to get worse. Despite being one of the most popular countries in the world, the United States has families and communities who areRead MoreThe Sense of Hope Instilled by Franklin Delano Roosevelts New Deals988 Words   |  4 Pagesfeeling of hope in the American society by creating the New Deal, a series of federal programs enacted in the United States between 1933 and 1938 in response to the calamity of the Great Depression (Schlesinger 25), in the 1930s during the Great Depression. He proclaimed, â€Å"Great power involves great responsibility† (Brainy quote). â€Å"The Great Depression was a severe worldwide economic depression in the decade preceding World War II† (Schlesinger 45). It dampened the spirits of Americans and cau sed themRead MoreIlliteracy Among African Americans Essay1577 Words   |  7 PagesRunning Head: Illiteracy among African Americans Illiteracy among African Americans LaKisha Heard Marygrove College Abstract The high rate of illiteracy is a major problem in the United States. Although there have been programs and initiatives started to eradicate this problem, illiteracy still plagues millions of Americans. Out of all ethnic groups, African Americans have a higher illiteracy rate. Within this project, the causes of illiteracy are revealed and viable solutions to this

Wednesday, May 13, 2020

Hacer Conjugation in Spanish, Translation, Examples

One of the most common verbs in Spanish, hacer, which means to make or to do, is highly irregular. This article demonstrates hacer conjugations in the present, past and future indicative, the present and past subjunctive, the imperative, and other verb forms. When conjugating hacer, the a in the stem sometimes changes to e or i, and the c sometimes changes to z or g. The only other verbs that follow the same conjugation pattern are those derived from it, such as contrahacer (to copy or to counterfeit), deshacer (to unmake or undo), and rehacer (to remake or redo). Using the Verb Hacer The verb hacer generally means to do or to make, but it can also be part of other useful expressions. For example, it can mean ago, as in duration of time. Hence, the phrase hace 10 aà ±os means ten years ago, and hace cinco minutos means five minutes ago. The verb hacer is also used to talk about the weather. For example, hace frà ­o means it is cold. You can make the same construction with hace calor, hace viento, hace fresco, etc. (it is hot, windy, cool, etc.). Hacer Present Indicative In the present indicative tense, the only irregular conjugation of hacer is the first person singular (yo). Yo hago I make Yo hago la tarea todos los dà ­as. Tà º haces You make Tà º haces la comida para la familia. Usted/à ©l/ella hace You/he/she makes Ella hace artesanà ­as hermosas. Nosotros hacemos We make Nosotros hacemos ejercicio en el gimnasio. Vosotros hacà ©is You make Vosotros hacà ©is las compras en la tienda. Ustedes/ellos/ellas hacen You/they make Ellos hacen la cama todos los dà ­as. Hacer Preterite Indicative Notice that in the preterite tense, the a in the stem of hacer changes to an i. These are all irregular forms. Yo hice I made Yo hice la tarea todos los dà ­as. Tà º hiciste You made Tà º hiciste la comida para la familia. Usted/à ©l/ella hizo You/he/she made Ella hizo artesanà ­as hermosas. Nosotros hicimos We made Nosotros hicimos ejercicio en el gimnasio. Vosotros hicisteis You made Vosotros hicisteis las compras en la tienda. Ustedes/ellos/ellas hicieron You/they made Ellos hicieron la cama todos los dà ­as. Hacer Imperfect Indicative The imperfect tense is conjugated regularly, using the stem hac plus the imperfect ending for -er verbs (à ­a, à ­as, à ­a, à ­amos, à ­ais, à ­an). Remember that the imperfect can be translated as was making or used to make. Yo hacà ­a I used to make Yo hacà ­a la tarea todos los dà ­as. Tà º hacà ­as You used to make Tà º hacà ­as la comida para la familia. Usted/à ©l/ella hacà ­a You/he/she used to make Ella hacà ­a artesanà ­as hermosas. Nosotros hacà ­amos We used to make Nosotros hacà ­amos ejercicio en el gimnasio. Vosotros hacà ­ais You used to make Vosotros hacà ­ais las compras en la tienda. Ustedes/ellos/ellas hacà ­an You/they used to make Ellos hacà ­an la cama todos los dà ­as. Hacer Future Indicative The verb hacer is irregular in the future tense. Its conjugation starts with the form har-. Yo harà © I will make Yo harà © la tarea todos los dà ­as. Tà º harà ¡s Youwill make Tà º harà ¡sla comida para la familia. Usted/à ©l/ella harà ¡ You/he/shewill make Ella harà ¡ artesanà ­as hermosas. Nosotros haremos Wewill make Nosotros haremos ejercicio en el gimnasio. Vosotros harà ©is Youwill make Vosotros harà ©is las compras en la tienda. Ustedes/ellos/ellas harà ¡n You/theywill make Ellos harà ¡n la cama todos los dà ­as. Hacer PeriphrasticFuture Indicative The periphrastic future is formed using the present indicative conjugation of the verb ir (to go), the preposition a, and the infinitive hacer. Yo voy a hacer I am going to make Yo voy a hacer la tarea todos los dà ­as. Tà º vasa hacer You aregoing to make Tà º vasa hacer la comida para la familia. Usted/à ©l/ella vaa hacer You/he/shegoing to make Ella vaa hacer artesanà ­as hermosas. Nosotros vamosa hacer We aregoing to make Nosotros vamos a hacer ejercicio en el gimnasio. Vosotros vaisa hacer You aregoing to make Vosotros vaisa hacer las compras en la tienda. Ustedes/ellos/ellas vana hacer You/they aregoing to make Ellos vana hacer la cama todos los dà ­as. Hacer Present Progressive/Gerund Form The equivalent of the English -ing form, gerund or present participle, is the -ando or -iendo form in Spanish. The gerund for hacer is formed regularly, using the ending -iendo. Present Progressive of Hacer està ¡ haciendo She is making Ella està ¡ haciendo artesanà ­as hermosas. Hacer Past Participle The past participle for hacer is irregular: hecho. One of the main uses of the past participle is to form compound tenses such as the present perfect. Present Perfect of Hacer ha hecho She has made Ella ha hecho artesanà ­as hermosas. Hacer Conditional Indicative The conditional tense is used to talk about possibilities, and is translated to English as would verb. For example,  ¿Quà © harà ­as por tus hijos? (What would you do for your children?). In the conditional indicative, the verb hacer is irregular and uses the stem har-. Yo harà ­a I would make Yo harà ­a la tarea todos los dà ­as si tuviera tiempo. Tà º harà ­as Youwould make Tà º harà ­as la comida para la familia si supieras cocinar. Usted/à ©l/ella harà ­a You/he/shewould make Ella harà ­a artesanà ­as hermosas si pudiera. Nosotros harà ­amos Wewould make Nosotros harà ­amos ejercicio en el gimnasio, pero es muy caro. Vosotros harà ­ais Youwould make Vosotros harà ­ais las compras en la tienda, pero es mà ¡s fà ¡cil por Internet. Ustedes/ellos/ellas harà ­an You/theywould make Ellos harà ­an la cama todos los dà ­as, pero se les olvida. Hacer Present Subjunctive The present subjunctive is used to talk about doubts, desires, emotions, recommendations, or other subjective situations. Que yo haga That I make La maestra pide que yo haga la tarea todos los dà ­as. Que tà º hagas That you make Tu hijo quiere que tà º hagas la comida para la familia. Que usted/à ©l/ella haga That you/he/she make El vendedor requiere que ella haga artesanà ­as hermosas. Que nosotros hagamos That we make El mà ©dico sugiere que nosotros hagamos ejercicio en el gimnasio. Que vosotros hagà ¡is That you make El cocinero sugiere que vosotros hagà ¡is las compras en la tienda. Que ustedes/ellos/ellas hagan That you/they make La abuela espera que ellos hagan la cama todos los dà ­as. Hacer Imperfect Subjunctive The imperfect subjunctive is used in similar situations as the present subjunctive, but in the past. There are two options for conjugating the imperfect subjunctive. Option 1 Que yo hiciera That I made La maestra pedà ­a que yo hiciera la tarea todos los dà ­as. Que tà º hicieras That you made Tu hijo querà ­a que tà º hicieras la comida para la familia. Que usted/à ©l/ella hiciera That you/he/she made El vendedor requerà ­a que ella hiciera artesanà ­as hermosas. Que nosotros hicià ©ramos That we made El mà ©dico sugirià ³ que nosotros hicià ©ramos ejercicio en el gimnasio. Que vosotros hicierais That you made El cocinero sugirià ³ que vosotros hicierais las compras en la tienda. Que ustedes/ellos/ellas hicieran That you/they made La abuela esperaba que ellos hicieran la cama todos los dà ­as. Option 2 Que yo hiciese That I made La maestra pedà ­a que yo hiciese la tarea todos los dà ­as. Que tà º hicieses That you made Tu hijo querà ­a que tà º hicieses la comida para la familia. Que usted/à ©l/ella hiciese That you/he/she made El vendedor requerà ­a que ella hiciese artesanà ­as hermosas. Que nosotros hicià ©semos That we made El mà ©dico sugirià ³ que nosotros hicià ©semos ejercicio en el gimnasio. Que vosotros hicieseis That you made El cocinero sugirià ³ que vosotros hicieseis las compras en la tienda. Que ustedes/ellos/ellas hiciesen That you/they made La abuela esperaba que ellos hiciesen la cama todos los dà ­as. Hacer Imperative The imperative mood is used to give direct commands. There are both positive and negative commands. Notice that the second person singular command haz is irregular. Positive Commands Tà º haz Make!  ¡Haz la comida para la familia! Usted haga Make!  ¡Haga artesanà ­as hermosas! Nosotros hagamos Let's make!  ¡Hagamos ejercicio en el gimnasio! Vosotros haced Make!  ¡Haced las compras en la tienda! Ustedes hagan Make!  ¡Hagan la cama todos los dà ­as! Negative Commands Tà º no hagas Don't make!  ¡No hagas la comida para la familia! Usted no haga Don't make!  ¡No haga artesanà ­as hermosas! Nosotros no hagamos Let's not make!  ¡No hagamos ejercicio en el gimnasio! Vosotros no hagà ¡is Don't make!  ¡No hagà ¡is las compras en la tienda! Ustedes no hagan Don't make!  ¡No hagan la cama todos los dà ­as!

Wednesday, May 6, 2020

7 Up Lifespan Development Free Essays

Professor Massey 10-22-2009 Lifespan development Seven up paper In the documentary Seven Up, I had to watch Suzy grow up. Suzy seemed to have been raised with good morals and with both parents influencing her decisions in video. When she goes home her mom makes her tea, she watches TV with her mom, does homework and then sees her father. We will write a custom essay sample on 7 Up Lifespan Development or any similar topic only for you Order Now She is usually in bed by 7 p. m. She seems to be from the upper class because of the type of school she is at and how she portrays herself. She is receiving a very good education in the first video and she wanted to go to college or the university in the area. Suzy reports that she has a boy friend that is 13 and also partakes in ballet. She wants to have two kids and wants a nanny to help raise them. Her parents are the most influential people in her life and have been helping her make better decisions. Suzy also acts a little raciest when she states that she doesn’t want to know any colored people. I think the fact that she doesn’t want to meet any colored people will hurt her in the future because everyone in the world will meet someone they don’t want to meet. People see all races and all different kinds of people without trying. She will have to accept the fact that she will meet colored people. Suzy’s attitude at her age makes me feel like she will be in many relationships. She is only seven and has a boy friend that is thirteen. I believe that the way she was raised has an impact on that. If she was raised to find a boy and marry him and have children that’s what she will try to do. Suzy has a very outgoing personality. At the age of seven she has a boyfriend and already knows what she wants in life. She wants to raise her kids with help and at the age of 23 I still don’t know about what I want. She seems like she is older then she really is. I feel that she is this way because it is how her mother and father raised her to be. I believe her parents told her that she has to work for what she wants and that nothing is going to be given to her. Her self esteem seems to be really high and she was always smiling. I feel like because the way she was raised, she will be able to handle different circumstances in her life. Her sense of diversity is not very good. She does not want to meet any colored people, which is not a good thing to have in the real world because if she is to work in any business she will have to work with all different races. Suzy’s young adult hood will be a challenging one. She will have to learn to work with new and different people that she may not want to work with. She also would have to deal with meeting a colored person which she made clear that she didn’t want to meet. I believe once she allows herself to be able to work with all these different people she will have a successful life and career. In her middle adult hood years she will be having a good career starting to settle down and being home more with her children. She will be able to retire while her husband works and take care of the house. I believe overall her life will be a good one and she will be happy through most of it. I feel like Suzy will work in a business and end up in a high position in the business world. As I said earlier, Suzy would like to have two children after she gets married. She would like to be married around the age of 27 or 28. She would hire a nanny to help her take care of the children while her husband and she are at work. I also believe that Suzy will accomplish almost all the goals she set for herself. She had a good head on her shoulders when she was younger and I think that helped her out throughout her lifetime. How to cite 7 Up Lifespan Development, Papers

Tuesday, May 5, 2020

”Sonnet 18” by William Shakespeare Essay Sample free essay sample

Shakespeare asks. Shall I compare thee to a summer’s twenty-four hours? in his celebrated love verse form. In Sonnet 18 he praises his lover’s beauty in such an amazing manner that makes you desire to be the individual he is in love with. On the other manus he is cognizant of the fact that beauty is non ageless and he is bewildered by the thought. So he tries to happen a manner to do her beauty ageless and resolutenesss in giving this verse form to her. Therefore the chief subject in the verse form Shall I compare thee to a summer’s twenty-four hours? is to capture ageless beauty. In my sentiment. the poem Shall I compare thee to a summer’s twenty-four hours? is a love verse form. The poet is evidently in love with a really beautiful individual. He shows his esteem of her cuteness throughout the verse form. We will write a custom essay sample on †Sonnet 18† by William Shakespeare Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page He exaggerates her beauty by doing an effort to compare it to the lusters of nature such as a Summer twenty-four hours. He tries to do a comparing between his lover and summer and decides that her beauty is beyond comparison. Summer is a lovely season and harmonizing to Shakespeare his dear is superior. Summer is non sufficient plenty to vie with her beauty. which is clear when he says. â€Å"Thou art more lovely and more temperate† ? ( Shakespeare line 2 ) He emphasizes the defects of this season. â€Å"Rough air currents do agitate the darling buds of May† ( line 3 ) . He besides says that Summer can be excessively hot. â€Å"Sometimes excessively hot the oculus of heaven shines† ( line5 ) . These mistakes in a Summer twenty-four hours support the thought that her beauty is unflawed unlike Summer. Despite the difference between them. Summer and Shakespeare’s lover’s beauty portion one common characteristic. Both Summer and Shakespeare’s beloved one’s beauty are non lasting. Soon seasons alteration and Autumn takes off all the beauty of Summer. Shakespeare complains of summer being excessively short. â€Å"And summer’s rental hath all excessively short a date† ( line 4 ) . He says all the nice things come to an terminal. â€Å"And every carnival from just sometimes declines† ( line 6 ) . Because of the manner nature works he fears that his lover will lose her beauty excessively. She will age and finally die and her beauty will melt off. The thought of losing such a great beauty is unacceptable for the poet and he rebels against it. He says that her alone beauty shall non melt. He says summer can come and go through but her beauty will be everlasting â€Å"But thy ageless summer shall non fade† ( line 9 ) . Metaphor is used here ; the ageless summer is his darling one’s beauty. Shakespeare besides says that she will non lose her beauty and decease will non be able to take away her luster in lines 10 and 11. â€Å"Nor lose ownership of that just 1000 ow’st ; /Nor shall decease crow wand ‘rest in his shade† . The poet immortalizes his darling one’s beauty. He keeps her alive by utilizing his lines â€Å"When in ageless lines to Time thou grow’st† ( line 12 ) . The poet believes that every bit long as his love verse form is remembered the luster of his lover will be remembered every bit good. He writes. â€Å" So long as work forces can take a breath. or eyes can see/So long lives this and this gives life to thee ( lines 13. 14 ) . All in all. in my sentiment the chief subject in this verse form is to capture infinite beauty. Shakespeare describes his lover as if she is godly. Her beauty is uncomparable. Even Summer is non sufficient plenty to be a rival. She is immortalized with his lines. She still breaths through his words. As I write this essay speaking about his lover’s Godhead beauty five hundred old ages after he has written the verse form Shall I compare thee to a summer’s twenty-four hours? I fell that he has accomplished commemorating his darli ng one.

Thursday, April 2, 2020

Business Accounting Essay Example

Business Accounting Paper CHAPTER 1 Accounting: An Overview and Analysis MULTIPLE CHOICE QUESTIONS 41. Accountants refer to an economic event as a a. purchase. b. sale. c. transaction. d. change in ownership. 42. The process of recording transactions has become more efficient because a. fewer events can be quantified in financial terms. b. computers are used in processing business events. c. more people have been hired to record business transactions. d. business events are recorded only at the end of the year. 43. Communication of economic events is the part of the accounting process that involves a. identifying economic events. b. uantifying transactions into dollars and cents. c. preparing accounting reports. d. recording and classifying information. 44. Which of the following events cannot be quantified into dollars and cents and recorded as an accounting transaction? a. The appointment of a new CPA firm to perform an audit. b. The purchase of a new computer. c. The sale of store equipment. d. Payment of income taxes. 45. The use of computers in recording business events a. has made the recording process more efficient. b. does not use the same principles as manual accounting systems. c. has greatly impacted the identification stage of the accounting process. . is economical only for large businesses. 46. The accounting process involves all of the following except a. identifying economic transactions that are relevant to the business. b. communicating financial information to users by preparing financial reports. c. recording nonquantifiable economic events. d. analyzing and interpreting financial reports. 47. The accounting process is correctly sequenced as a. identification, communication, recording. b. recording, communication, identification. c. identification, recording, communication. d. communication, recording, identification. 48. Which of the following techniques are not used by accountants to interpret and report financial information? a. Graphs b. Special memos for each class of external users c. Charts d. Ratios 49. Which of the following would not be considered an internal user of accounting data for the XYZ Company? a. President of the company b. Production manager c. Merchandise inventory clerk d. President of the employees labor union 50. Which of the following would not be considered an external user of accounting data for the XYZ Company? a. Internal Revenue Service Agent b. Management c. Creditors d. Customers 51. Which of the following would not be considered internal users of accounting data for a company? a. The president of a company b. The controller of a company c. Creditors of a company d. Salesmen of the company 52. Which of the following is an external user of accounting information? a. Labor unions b. Finance directors c. Company officers d. Managers 53. Which one of the following is not an external user of accounting information? a. Regulatory agencies b. Customers c. Investors d. All of these are external users 54. Bookkeeping differs from accounting in that bookkeeping primarily involves which part of the accounting process? . Identification b. Communication c. Recording d. Analysis a55. All of the following are services offered by public accountants except a. budgeting. b. auditing. c. tax planning. d. consulting. a56. Which list below best describes the major services performed by public accountants? a. Bookkeeping, mergers, budgets b. Employee training, auditing, bookkeeping c. Auditing, taxation, management consulting d. Cost accounting, production scheduling, recruiting a57. Preparing tax returns and engaging in tax planning is performed by a. public accountants only. b. private accountants only. c. both public and private accountants. . IRS accountants only. a58. A private accountant can perform many activities in a business organization but would not work in a. budgeting. b. accounting information systems. c. external auditing. d. tax accounting. 59. The origins of accounting are generally attributed to the work of a. Christopher Columbus. b. Abner Doubleday. c. Luca Pacioli. d. Leonardo da Vinci. 60. Financial accounting provides economic and financial information for all of the following except a. creditors. b. investors. c. managers. d. other external users. 61. The final step in solving an ethical dilemma is to a. dentify and analyze the principal elements in the situation. b. recognize an ethical situation. c. identify the alternatives and weigh the impact of each alternative on stakeholders. d. recognize the ethical issues involved. 62. The first step in solving an ethical dilemma is to a. identify and analyze the principal elements in the situation. b. identify the alternatives. c. recognize an ethical situation and the ethical issues involved. d. weigh the impact of each alternative on various stakeholders. 63. Ethics are the standards of conduct by which ones actions are judged as a. right or wrong. b. onest or dishonest. c. fair or unfair. d. all of these. 64. Generally accepted accounting principles are a. income tax regulations of the Internal Revenue Service. b. standards that indicate how to report economic events. c. theories that are based on physical laws of the universe. d. principles that have been proven correct by academic researchers. 65. The cost principle requires that when assets are acquired, they be recorded at a. appraisal value. b. exchange price paid. c. selling price. d. list price. 66. The cost of an asset and its fair market value are a. never the same. b. the same when the asset is sold. . irrelevant when the asset is used by the business in its operations. d. the same on the date of acquisition. 67. The body of theory underlying accounting is not based on a. physical laws of nature. b. concepts. c. principles. d. definitions. 68. The private sector organization involved in developing accounting principles is the a. Feasible Accounting Standards Body. b. Financial Accounting Studies Board. c. Financial Accounting Standards Board. d. Financial Auditors Standards Body. 69. The SEC and FASB are two organizations that are primarily responsible for establishing generally accepted accounting principles. It is true that a. they are both governmental agencies. b. the SEC is a private organization of accountants. c. the SEC often mandates guidelines when no accounting principles exist. d. the SEC and FASB rarely cooperate in developing accounting standards. 70. GAAP stands for a. Generally Accepted Auditing Procedures. b. Generally Accepted Accounting Principles. c. Generally Accepted Auditing Principles. d. Generally Accepted Accounting Procedures. 71. Which of the following is not a characteristic of the cost principle? a. Reliability b. Subjectivity c. Objectivity d. Verifiability 72. We will write a custom essay sample on Business Accounting specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Business Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Business Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The ACE Company has five plants nationwide that cost $100 million. The current market value of the plants is $500 million. The plants will be recorded and reported as assets at a. $100 million. b. $600 million. c. $400 million. d. $500 million. 73. All of the following are advantages cost has over other valuations except that it a. is reliable. b. can be objectively measured. c. can be verified. d. is relevant. 74. The proprietorship form of business organization a. must have at least three owners in most states. b. represents the largest number of businesses in the United States. c. ombines the records of the business with the personal records of the owner. d. is characterized by a legal distinction between the business as an economic unit and the owner. 75. The economic entity assumption requires that the activities a. of different entities can be combined if all the entities are corporations. b. must be reported to the Securities and Exchange Commission. c. of a sole proprietorshi p cannot be distinguished from the personal economic events of its owners. d. of an entity be kept separate from the activities of its owner. 76. A business organized as a corporation a. is not a separate legal entity in most states. . requires that stockholders be personally liable for the debts of the business. c. is owned by its stockholders. d. terminates when one of its original stockholders dies. 77. The partnership form of business organization a. is a separate legal entity. b. is a common form of organization for service-type businesses. c. enjoys an unlimited life. d. has limited liability. 78. Which of the following is not an advantage of the corporate form of business organization? a. Limited liability of stockholders b. Transferability of ownership c. Unlimited personal liability for stockholders d. Unlimited life 79. A small neighborhood barber shop that is operated by its owner would likely be organized as a a. joint venture. b. partnership. c. corporation. d. proprietorship. 80. Joan and Sara met at law school and decide to start a small law practice after graduation. They agree to split revenues and expenses evenly. The most common form of business organization for a business such as this would be a a. joint venture. b. partnership. c. corporation. d. proprietorship. 81. Which of the following is true regarding the corporate form of business organization? a. Corporations are the most prevalent form of business organization. b. Corporate businesses are generally smaller in size than partnerships and proprietor-ships. c. The revenues of corporations are greater than the combined revenues of partnerships and proprietorships. d. Corporations are separate legal entities organized exclusively under federal law. 82. A basic assumption of accounting that requires activities of an entity be kept separate from the activities of its owner is referred to as the a. stand alone concept. b. monetary unit assumption. c. corporate form of ownership. d. economic entity assumption. 83. Deb Smith is the proprietor (owner) of Smittys, a retailer of athletic apparel. When recording the financial transactions of Smittys, Deb does not record an entry for a car she purchased for personal use. Deb took out a personal loan to pay for the car. What accounting concept guides Debs behavior in this situation? a. Pay back concept b. Economic entity assumption c. Cash basis concept d. Monetary unit assumption 84. A basic assumption of accounting assumes that the dollar is a. unrelated to business transactions. b. a poor measure of economic activities. c. the common unit of measure for all business transactions. d. useless in measuring an economic event. 85. The assumption that the unit of measure remains sufficiently constant over time is part of the a. economic entity assumption. b. cost principle. c. historical cost principle. d. monetary unit assumption. 86. A business that enjoys limited liability is a a. proprietorship. b. partnership. c. corporation. d. sole proprietorship. 87. A problem with the monetary unit assumption is that a. the dollar has not been stable over time. b. the dollar has been stable over time. c. the dollar is a common medium of exchange. d. it is impossible to account for international transactions. 88. The common characteristic possessed by all assets is a. ong life. b. great monetary value. c. tangible nature. d. future economic benefit. 89. Owners equity is best depicted by the following: a. Assets = Liabilities. b. Liabilities + Assets. c. Residual equity + Assets. d. Assets – Liabilities. 90. The basic accounting equation may be expressed as a. Assets = Equities. b. Assets – Liabilities = Ow ners Equity. c. Assets = Liabilities + Owners Equity. d. all of these. 91. Liabilities a. are future economic benefits. b. are existing debts and obligations. c. possess service potential. d. are things of value used by the business in its operation. 92. Liabilities of a company would not include . notes payable. b. accounts payable. c. wages payable. d. cash. 93. Liabilities of a company are owed to a. debtors. b. benefactors. c. creditors. d. underwriters. 94. Owners equity can be described as a. creditorship claim on total assets. b. ownership claim on total assets. c. benefactors claim on total assets. d. debtor claim on total assets. 95. Owners equity is often referred to as a. residual equity. b. leftovers. c. spoils. d. second equity. 96. When an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed a. depletions. b. consumptions. c. drawings. d. credit line. 97. Capital is a. an owners permanent investment in the business. b. equ al to liabilities minus owners equity. c. equal to assets minus owners equity. d. equal to liabilities plus drawings. 98. Revenues would not result from a. sale of merchandise. b. initial investment of cash by owner. c. performance of services. d. rental of property. 99. Sources of increases to owners equity are a. additional investments by owners. b. purchases of merchandise. c. withdrawals by the owner. d. expenses. 100. The basic accounting equation cannot be restated as a. Assets – Liabilities = Owners Equity. b. Assets – Owners Equity = Liabilities. c. Owners Equity + Liabilities = Assets. d. Assets + Liabilities = Owners Equity. 101. Owners equity is decreased by all of the following except a. owners investments. b. owners withdrawals. c. expenses. d. owners drawings. 102. A net loss will result during a time period when a. liabilities exceed assets. b. drawings exceed investments. c. expenses exceed revenues. d. revenues exceed expenses. 103. If total liabilities increased by $15,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? . $20,000 decrease b. $20,000 increase c. $25,000 increase d. $30,000 increase 104. If total liabilities decreased by $15,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 increase b. $10,000 decrease c. $10,000 increase d. $15,000 d ecrease 105. If total liabilities decreased by $25,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 decrease b. $20,000 increase c. $25,000 increase . $30,000 increase 106. If total liabilities decreased by $15,000 and owner’s equity decreased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 increase b. $10,000 increase c. $20,000 decrease d. $10,000 decrease 107. If total liabilities increased by $14,000 during a period of time and owner’s equity decreased by $6,000 during the same period, then the amount and direction (increase or decrease) of the period’s change in total assets is a(n) a. $14,000 increase. b. $20,000 increase. c. $8,000 decrease. d. $8,000 increase. 08. The accounting equation for Goodboys Enterprises is as follows: AssetsLiabilitiesOwnerâ€⠄¢s Equity $120,000=$60,000+$60,000 If Goodboys purchases office equipment on account for $12,000, the accounting equation will change to AssetsLiabiltiesOwner’s Equity a. $120,000 = $60,000 +$60,000 b. $132,000 = $60,000 +$72,000 c. $132,000 = $66,000 +$66,000 d. $132,000 = $72,000 +$60,000 109. As of June 30, 2008, Houston Company has assets of $100,000 and owner’s equity of $5,000. What are the liabilities for Houston Company as of June 30, 2008? a. $85,000 b. $90,000 c. $95,000 d. $100,000 110. Owners equity is increased by a. drawings. b. revenues. c. expenses. d. liabilities. 111. Owners equity is decreased by a. assets. b. revenues. c. expenses. d. liabilities. 112. If total liabilities increased by $4,000, then a. assets must have decreased by $4,000. b. owners equity must have increased by $4,000. c. assets must have increased by $4,000, or owners equity must have decreased by $4,000. d. assets and owners equity each increased by $2,000. 113. Collection of a $500 Accounts Receivable a. increases an asset $500; decreases an asset $500. b. increases an asset $500; decreases a liability $500. c. ecreases a liability $500; increases owners equity $500. d. decreases an asset $500; decreases a liability $500. 114. Revenues are a. the cost of assets consumed during the period. b. gross increases in owners equity resulting from business activities. c. the cost of services used during the period. d. actual or expected cash outflows. 115. If an individual asset is increased, the n a. there must be an equal decrease in a specific liability. b. there must be an equal decrease in owners equity. c. there must be an equal decrease in another asset. d. none of these is possible. 116. If services are rendered for credit, then . assets will decrease. b. liabilities will increase. c. owners equity will increase. d. liabilities will decrease. 117. If expenses are paid in cash, then a. assets will increase. b. liabilities will decrease. c. owners equity will increase. d. assets will decrease. 118. If an owner makes a withdrawal of cash from a proprietorship, then a. there has been a violation of accounting principles. b. owners equity will increase. c. owners equity will decrease. d. there will be a new liability showing the owner owes money to the business. 119. If supplies that have been purchased are used in the course of business, then a. liability will increase. b. an asset will increase. c. owners equity will decrease. d. owners equity will increase. 120. As of December 31, 2008, Anders Company has assets of $35,000 and owners equity of $20,000. What are the liabilities for Anders Company as of December 31, 2008? a. $15,000 b. $10,000 c. $25,000 d. $20,000 121. Which of the following events is not a business transaction? a. Investment of cash by the owner b. Hired employees c. Incurred utility expenses for the month d. Earned revenue for services provided 122. Net income results when a. Assets ; Liabilities. b. Revenues = Expenses. c. Revenues ; Expenses. d. Revenues ; Expenses. 123. Owners capital at the end of the period is equal to a. owners capital at the beginning of the period plus net income minus liabilities. b. owners capital at the beginning of the period plus net income minus drawings. c. net income. d. assets plus liabilities. 124. A balance sheet shows a. revenues, liabilities, and owners equity. b. expenses, drawings, and owners equity. c. revenues, expenses, and drawings. d. assets, liabilities, and owners equity. 125. An income statement a. summarizes the changes in owners equity for a specific period of time. b. eports the changes in assets, liabilities, and owners equity over a period of time. c. reports the assets, liabilities, and owners equity at a specific date. d. presents the revenues and expenses for a specific period of time. 126. If the owners equity account increases from the beginning of the year to the end of the year, then a. net income is less than owner drawings. b. a net loss is l ess than owner drawings. c. additional owner investments are less than net losses. d. net income is greater than owner drawings. Use the following information for questions 127–129. Jimmys Car Repair Shop started the year with total assets of $270,000 nd total liabilities of $180,000. During the year, the business recorded $450,000 in car repair revenues, $255,000 in expenses, and Jimmy withdrew $45,000. 127. Jimmys Capital balance at the end of the year was a. $240,000. b. $225,000. c. $285,000. d. $195,000. 128. The net income reported by Jimmys Car Repair Shop for the year was a. $150,000. b. $195,000. c. $90,000. d. $405,000. 129. Jimmys Capital balance changed by what amount from the beginning of the year to the end of the year? a. $45,000 b. $195,000 c. $90,000 d. $150,000 130. The balance sheet is frequently referred to as a. an operating statement. . the statement of financial position. c. the statement of cash flows. d. the statement of owners equity. 131. The primar y purpose of the statement of cash flows is to report a. a companys investing transactions. b. a companys financing transactions. c. information about cash receipts and cash payments of a company. d. the net increase or decrease in cash. 132. All of the financial statements are for a period of time except the a. income statement. b. owners equity statement. c. balance sheet. d. statement of cash flows. 133. The ending owners equity amount is shown on a. the balance sheet only. b. he owners equity statement only. c. both the income statement and the owners equity statement. d. both the balance sheet and the owners equity statement. 134. Benson Company began the year with owner’s equity of $175,000. During the year, the company recorded revenues of $250,000, expenses of $190,000, and had owner drawings of $20,000. What was Benson’s owner’s equity at the end of the year? a. $255,000 b. $215,000 c. $405,000 d. $235,000 135. Ed Dexter began the Dexter Company by inve sting $20,000 of cash in the business. The company recorded revenues of $185,000, expenses of $160,000, and had owner drawings of $10,000. What was Dexter’s net income for the year? a. $15,000 b. $35,000 c. $25,000 d. $45,000 136. Jenner Company began the year with owner’s equity of $15,000. During the year, Jenner received additional owner investments of $21,000, recorded expenses of $60,000, and had owner drawings of $4,000. If Jenner’s ending owner’s equity was $46,000, what was the company’s revenue for the year? a. $70,000 b. $74,000 c. $91,000 d. $95,000 137. Janzen Company began the year with owner’s equity of $217,000. During the year, Janzen received additional owner investments of $294,000, recorded expenses of $840,000, and had owner drawings of $56,000. If Janzen’s ending owner’s equity was $531,000, what was the company’s revenue for the year? a. $860,000 b. $916,000 c. $1,154,000 d. $1,210,000 Use the following information for questions 138-139. Benny’s Repair Shop started the year with total assets of $100,000 and total liabilities of $80,000. During the year, the business recorded $210,000 in revenues, $110,000 in expenses, and owner drawings of $20,000. 138. Owner’s equity at the end of the year was a. $120,000. b. $100,000. c. $80,000. d. $90,000. 139. The net income reported by Benny’s Repair Shop for the year was a. $80,000. b. $100,000. c. $60,000. . $190,000. Use the following information for questions 140–141. Berwick Company compiled the following financial information as of December 31, 2008: Revenues$140,000 Berwick, Capital (1/1/08)105,000 Equipment40,000 Expenses125,000 Cash35,000 Berwick, Drawings10,000 Supplies5,000 Accounts payable20,000 Accounts receivable15,000 14 0. Berwick’s assets on December 31, 2008 are a. $235,000. b. $170,000. c. $80,000. d$95,000. 141. Berwick’s owner’s equity on December 31, 2008 is a. $105,000. b. $110,000. c. $80,000. d. $120,000. 142. Ironton Company’s owner’s equity at the beginning of August 2008 was $300,000. During the month, the company earned net income of $60,000 and owner’s drawings were $20,000. At the end of August 2008, what is the balance in owner’s equity? a. $260,000 b. $300,000 c. $340,000 d. $380,000 143. On January 1, 2008, Jackson Company reported owner’s equity of $470,000. During the year, the owner withdrew cash of $20,000. At December 31, 2008, the balance in owner’s equity was $500,000. What amount of net income or net loss would the company report for 2008? a. Net income of $30,000 b. Net loss of $50,000 c. Net income of $10,000 d. Net income of $50,000 Use the following information for questions 144–146. Jenkins Catering started the year with total assets of $20,000 and total liabilities of $5,000. During the year, the business recorded $16,000 in catering revenues and $8,000 in expenses. Jenkins made an additional investment of $3,000 and withdrew cash of $5,000 during the year. 144. The owner’s equity at the end of the year was a. $21,000. b. $18,000. c. $8,000. d. $2,000. 145. The net income reported by Jenkins Catering for the year was a. $16,000. b. $11,000. c. $8,000. d. $3,000. 146. Owner’s equity changed by what amount from the beginning of the year to the end of the year? a. $15,000 b. $14,000 c. $6,000 d. $3,000 147. During the year 2008, Toronto Enterprises earned revenues of $45,000, had expenses of $25,000, purchased assets with a cost of $5,000 and had owner drawings of $3,000. Net income for the year is a. $45,000. b. $20,000. c. $17,000. d. $15,000. 148. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, no additional investments were made and the company earned net income of $4,000. If owner’s equity at October 31 totals $32,000, what amount of owner drawings were made during the month? a. $0 b. $1,000 c. $3,000 d. $7,000 149. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, no additional investments were made and the company posted a net loss of $3,000. If owner’s equity at October 31 totals $32,000, what amount of owner drawings were made during the month? a. $0 b. $1,000 c. $3,000 d. $7,000 150. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, the owner made additional investments of $2,000 and the company earned net income of $6,000. If owner’s equity at October 31 totals $40,000, what amount of owner drawings were made during the month? a. $0 b. $3,000 c. $4,000 d. $5,000 151. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, the owner made additional investments of $5,000 and the company posted a net loss of $3,000. If owner’s equity at October 31 totals $35,000, what amount of owner drawings were made during the month? a. $0 b. $2,000 c. $3,000 d. $5,000 Additional Multiple Choice Questions 152. Which of the following is not part of the accounting process? a. Recording b. Identifying c. Financial decision making d. Communicating 153. The first part of the accounting process is a. communicating. b. identifying. c. processing. d. recording. 154. Keeping a systematic, chronological diary of events that are measured in dollars and cents is called a. ommunicating. b. identifying. c. processing. d. recording. 155. Auditing is a. the examination of financial statements by a CPA in order to express an opinion on their fairness. b. a part of accounting that involves only recording of economic events. c. an area of accounting that involves such activities as cost accounting, budgeting, and accounting information systems. d. conducted by the Securities and Exchange Commission to ensure that registered financial statements are presented fairly. 156. Internal users of accounting information include all of the following except a. company officers. b. investors. c. marketing managers. . production supervisors. 157. The organization(s) primarily responsible for establishing generally accepted accounting principles is(are) the FASBSEC a. nono b. yesno c. noyes d. yesyes 158. The primary accounting standard-setting body in the United States is the a. Financial Accounting Standards Board. b. International Accounting Standards Board. c. Internal Revenue Service. d. Securities and Exchange Commission. 159. A proprietorship is a business a. owned by one person. b. owned by two or more persons. c. organized as a separate legal entity under state corporation law. d. owned by a governmental agency. 160. A net loss will result during a time period when a. assets exceed liabilities. b. assets exceed owners equity. c. expenses exceed revenues. d. revenues exceed expenses. 161. The Ryder’s Uptown Grill received a bill of $400 from the Erml Advertising Agency. The owner, John Ryder, is postponing payment of the bill until a later date. The effect on specific items in the basic accounting equation is a. a decrease in Cash and an increase in Accounts Payable. b. a decrease in Cash and an increase in J. Ryder, Capital. c. an increase in Accounts Payable and a decrease in J. Ryder, Capital. d. a decrease in Accounts Payable and an increase in J. Ryder, Capital. 162. James Company purchases $600 of equipment from Mundelein Inc. for cash. The effect on the components of the basic accounting equation of James Company is a. an increase in assets and liabilities. b. a decrease in assets and liabilities. c. no change in total assets. d. an increase in assets and a decrease in liabilities. 163. Morreale Beaver Company buys a $12,000 van on credit. The transaction will affect the a. income statement only. b. balance sheet only. c. income statement and owners equity statement only. d. income statement, owners equity statement, and balance sheet. Business Accounting Essay Example Business Accounting Essay CHAPTER 1 Accounting: An Overview and Analysis MULTIPLE CHOICE QUESTIONS 41. Accountants refer to an economic event as a a. purchase. b. sale. c. transaction. d. change in ownership. 42. The process of recording transactions has become more efficient because a. fewer events can be quantified in financial terms. b. computers are used in processing business events. c. more people have been hired to record business transactions. d. business events are recorded only at the end of the year. 43. Communication of economic events is the part of the accounting process that involves a. identifying economic events. b. uantifying transactions into dollars and cents. c. preparing accounting reports. d. recording and classifying information. 44. Which of the following events cannot be quantified into dollars and cents and recorded as an accounting transaction? a. The appointment of a new CPA firm to perform an audit. b. The purchase of a new computer. c. The sale of store equipment. d. Payment of income taxes. 45. The use of computers in recording business events a. has made the recording process more efficient. b. does not use the same principles as manual accounting systems. c. has greatly impacted the identification stage of the accounting process. . is economical only for large businesses. 46. The accounting process involves all of the following except a. identifying economic transactions that are relevant to the business. b. communicating financial information to users by preparing financial reports. c. recording nonquantifiable economic events. d. analyzing and interpreting financial reports. 47. The accounting process is correctly sequenced as a. identification, communication, recording. b. recording, communication, identification. c. identification, recording, communication. d. communication, recording, identification. 48. Which of the following techniques are not used by accountants to interpret and report financial information? a. Graphs b. Special memos for each class of external users c. Charts d. Ratios 49. Which of the following would not be considered an internal user of accounting data for the XYZ Company? a. President of the company b. Production manager c. Merchandise inventory clerk d. President of the employees labor union 50. Which of the following would not be considered an external user of accounting data for the XYZ Company? a. Internal Revenue Service Agent b. Management c. Creditors d. Customers 51. Which of the following would not be considered internal users of accounting data for a company? a. The president of a company b. The controller of a company c. Creditors of a company d. Salesmen of the company 52. Which of the following is an external user of accounting information? a. Labor unions b. Finance directors c. Company officers d. Managers 53. Which one of the following is not an external user of accounting information? a. Regulatory agencies b. Customers c. Investors d. All of these are external users 54. Bookkeeping differs from accounting in that bookkeeping primarily involves which part of the accounting process? . Identification b. Communication c. Recording d. Analysis a55. All of the following are services offered by public accountants except a. budgeting. b. auditing. c. tax planning. d. consulting. a56. Which list below best describes the major services performed by public accountants? a. Bookkeeping, mergers, budgets b. Employee training, auditing, bookkeeping c. Auditing, taxation, management consulting d. Cost accounting, production scheduling, recruiting a57. Preparing tax returns and engaging in tax planning is performed by a. public accountants only. b. private accountants only. c. both public and private accountants. . IRS accountants only. a58. A private accountant can perform many activities in a business organization but would not work in a. budgeting. b. accounting information systems. c. external auditing. d. tax accounting. 59. The origins of accounting are generally attributed to the work of a. Christopher Columbus. b. Abner Doubleday. c. Luca Pacioli. d. Leonardo da Vinci. 60. Financial accounting provides economic and financial information for all of the following except a. creditors. b. investors. c. managers. d. other external users. 61. The final step in solving an ethical dilemma is to a. dentify and analyze the principal elements in the situation. b. recognize an ethical situation. c. identify the alternatives and weigh the impact of each alternative on stakeholders. d. recognize the ethical issues involved. 62. The first step in solving an ethical dilemma is to a. identify and analyze the principal elements in the situation. b. identify the alternatives. c. recognize an ethical situation and the ethical issues involved. d. weigh the impact of each alternative on various stakeholders. 63. Ethics are the standards of conduct by which ones actions are judged as a. right or wrong. b. onest or dishonest. c. fair or unfair. d. all of these. 64. Generally accepted accounting principles are a. income tax regulations of the Internal Revenue Service. b. standards that indicate how to report economic events. c. theories that are based on physical laws of the universe. d. principles that have been proven correct by academic researchers. 65. The cost principle requires that when assets are acquired, they be recorded at a. appraisal value. b. exchange price paid. c. selling price. d. list price. 66. The cost of an asset and its fair market value are a. never the same. b. the same when the asset is sold. . irrelevant when the asset is used by the business in its operations. d. the same on the date of acquisition. 67. The body of theory underlying accounting is not based on a. physical laws of nature. b. concepts. c. principles. d. definitions. 68. The private sector organization involved in developing accounting principles is the a. Feasible Accounting Standards Body. b. Financial Accounting Studies Board. c. Financial Accounting Standards Board. d. Financial Auditors Standards Body. 69. The SEC and FASB are two organizations that are primarily responsible for establishing generally accepted accounting principles. It is true that a. they are both governmental agencies. b. the SEC is a private organization of accountants. c. the SEC often mandates guidelines when no accounting principles exist. d. the SEC and FASB rarely cooperate in developing accounting standards. 70. GAAP stands for a. Generally Accepted Auditing Procedures. b. Generally Accepted Accounting Principles. c. Generally Accepted Auditing Principles. d. Generally Accepted Accounting Procedures. 71. Which of the following is not a characteristic of the cost principle? a. Reliability b. Subjectivity c. Objectivity d. Verifiability 72. We will write a custom essay sample on Business Accounting specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Business Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Business Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The ACE Company has five plants nationwide that cost $100 million. The current market value of the plants is $500 million. The plants will be recorded and reported as assets at a. $100 million. b. $600 million. c. $400 million. d. $500 million. 73. All of the following are advantages cost has over other valuations except that it a. is reliable. b. can be objectively measured. c. can be verified. d. is relevant. 74. The proprietorship form of business organization a. must have at least three owners in most states. b. represents the largest number of businesses in the United States. c. ombines the records of the business with the personal records of the owner. d. is characterized by a legal distinction between the business as an economic unit and the owner. 75. The economic entity assumption requires that the activities a. of different entities can be combined if all the entities are corporations. b. must be reported to the Securities and Exchange Commission. c. of a sole proprietorshi p cannot be distinguished from the personal economic events of its owners. d. of an entity be kept separate from the activities of its owner. 76. A business organized as a corporation a. is not a separate legal entity in most states. . requires that stockholders be personally liable for the debts of the business. c. is owned by its stockholders. d. terminates when one of its original stockholders dies. 77. The partnership form of business organization a. is a separate legal entity. b. is a common form of organization for service-type businesses. c. enjoys an unlimited life. d. has limited liability. 78. Which of the following is not an advantage of the corporate form of business organization? a. Limited liability of stockholders b. Transferability of ownership c. Unlimited personal liability for stockholders d. Unlimited life 79. A small neighborhood barber shop that is operated by its owner would likely be organized as a a. joint venture. b. partnership. c. corporation. d. proprietorship. 80. Joan and Sara met at law school and decide to start a small law practice after graduation. They agree to split revenues and expenses evenly. The most common form of business organization for a business such as this would be a a. joint venture. b. partnership. c. corporation. d. proprietorship. 81. Which of the following is true regarding the corporate form of business organization? a. Corporations are the most prevalent form of business organization. b. Corporate businesses are generally smaller in size than partnerships and proprietor-ships. c. The revenues of corporations are greater than the combined revenues of partnerships and proprietorships. d. Corporations are separate legal entities organized exclusively under federal law. 82. A basic assumption of accounting that requires activities of an entity be kept separate from the activities of its owner is referred to as the a. stand alone concept. b. monetary unit assumption. c. corporate form of ownership. d. economic entity assumption. 83. Deb Smith is the proprietor (owner) of Smittys, a retailer of athletic apparel. When recording the financial transactions of Smittys, Deb does not record an entry for a car she purchased for personal use. Deb took out a personal loan to pay for the car. What accounting concept guides Debs behavior in this situation? a. Pay back concept b. Economic entity assumption c. Cash basis concept d. Monetary unit assumption 84. A basic assumption of accounting assumes that the dollar is a. unrelated to business transactions. b. a poor measure of economic activities. c. the common unit of measure for all business transactions. d. useless in measuring an economic event. 85. The assumption that the unit of measure remains sufficiently constant over time is part of the a. economic entity assumption. b. cost principle. c. historical cost principle. d. monetary unit assumption. 86. A business that enjoys limited liability is a a. proprietorship. b. partnership. c. corporation. d. sole proprietorship. 87. A problem with the monetary unit assumption is that a. the dollar has not been stable over time. b. the dollar has been stable over time. c. the dollar is a common medium of exchange. d. it is impossible to account for international transactions. 88. The common characteristic possessed by all assets is a. ong life. b. great monetary value. c. tangible nature. d. future economic benefit. 89. Owners equity is best depicted by the following: a. Assets = Liabilities. b. Liabilities + Assets. c. Residual equity + Assets. d. Assets – Liabilities. 90. The basic accounting equation may be expressed as a. Assets = Equities. b. Assets – Liabilities = Ow ners Equity. c. Assets = Liabilities + Owners Equity. d. all of these. 91. Liabilities a. are future economic benefits. b. are existing debts and obligations. c. possess service potential. d. are things of value used by the business in its operation. 92. Liabilities of a company would not include . notes payable. b. accounts payable. c. wages payable. d. cash. 93. Liabilities of a company are owed to a. debtors. b. benefactors. c. creditors. d. underwriters. 94. Owners equity can be described as a. creditorship claim on total assets. b. ownership claim on total assets. c. benefactors claim on total assets. d. debtor claim on total assets. 95. Owners equity is often referred to as a. residual equity. b. leftovers. c. spoils. d. second equity. 96. When an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed a. depletions. b. consumptions. c. drawings. d. credit line. 97. Capital is a. an owners permanent investment in the business. b. equ al to liabilities minus owners equity. c. equal to assets minus owners equity. d. equal to liabilities plus drawings. 98. Revenues would not result from a. sale of merchandise. b. initial investment of cash by owner. c. performance of services. d. rental of property. 99. Sources of increases to owners equity are a. additional investments by owners. b. purchases of merchandise. c. withdrawals by the owner. d. expenses. 100. The basic accounting equation cannot be restated as a. Assets – Liabilities = Owners Equity. b. Assets – Owners Equity = Liabilities. c. Owners Equity + Liabilities = Assets. d. Assets + Liabilities = Owners Equity. 101. Owners equity is decreased by all of the following except a. owners investments. b. owners withdrawals. c. expenses. d. owners drawings. 102. A net loss will result during a time period when a. liabilities exceed assets. b. drawings exceed investments. c. expenses exceed revenues. d. revenues exceed expenses. 103. If total liabilities increased by $15,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? . $20,000 decrease b. $20,000 increase c. $25,000 increase d. $30,000 increase 104. If total liabilities decreased by $15,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 increase b. $10,000 decrease c. $10,000 increase d. $15,000 d ecrease 105. If total liabilities decreased by $25,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 decrease b. $20,000 increase c. $25,000 increase . $30,000 increase 106. If total liabilities decreased by $15,000 and owner’s equity decreased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 increase b. $10,000 increase c. $20,000 decrease d. $10,000 decrease 107. If total liabilities increased by $14,000 during a period of time and owner’s equity decreased by $6,000 during the same period, then the amount and direction (increase or decrease) of the period’s change in total assets is a(n) a. $14,000 increase. b. $20,000 increase. c. $8,000 decrease. d. $8,000 increase. 08. The accounting equation for Goodboys Enterprises is as follows: AssetsLiabilitiesOwnerâ€⠄¢s Equity $120,000=$60,000+$60,000 If Goodboys purchases office equipment on account for $12,000, the accounting equation will change to AssetsLiabiltiesOwner’s Equity a. $120,000 = $60,000 +$60,000 b. $132,000 = $60,000 +$72,000 c. $132,000 = $66,000 +$66,000 d. $132,000 = $72,000 +$60,000 109. As of June 30, 2008, Houston Company has assets of $100,000 and owner’s equity of $5,000. What are the liabilities for Houston Company as of June 30, 2008? a. $85,000 b. $90,000 c. $95,000 d. $100,000 110. Owners equity is increased by a. drawings. b. revenues. c. expenses. d. liabilities. 111. Owners equity is decreased by a. assets. b. revenues. c. expenses. d. liabilities. 112. If total liabilities increased by $4,000, then a. assets must have decreased by $4,000. b. owners equity must have increased by $4,000. c. assets must have increased by $4,000, or owners equity must have decreased by $4,000. d. assets and owners equity each increased by $2,000. 113. Collection of a $500 Accounts Receivable a. increases an asset $500; decreases an asset $500. b. increases an asset $500; decreases a liability $500. c. ecreases a liability $500; increases owners equity $500. d. decreases an asset $500; decreases a liability $500. 114. Revenues are a. the cost of assets consumed during the period. b. gross increases in owners equity resulting from business activities. c. the cost of services used during the period. d. actual or expected cash outflows. 115. If an individual asset is increased, the n a. there must be an equal decrease in a specific liability. b. there must be an equal decrease in owners equity. c. there must be an equal decrease in another asset. d. none of these is possible. 116. If services are rendered for credit, then . assets will decrease. b. liabilities will increase. c. owners equity will increase. d. liabilities will decrease. 117. If expenses are paid in cash, then a. assets will increase. b. liabilities will decrease. c. owners equity will increase. d. assets will decrease. 118. If an owner makes a withdrawal of cash from a proprietorship, then a. there has been a violation of accounting principles. b. owners equity will increase. c. owners equity will decrease. d. there will be a new liability showing the owner owes money to the business. 119. If supplies that have been purchased are used in the course of business, then a. liability will increase. b. an asset will increase. c. owners equity will decrease. d. owners equity will increase. 120. As of December 31, 2008, Anders Company has assets of $35,000 and owners equity of $20,000. What are the liabilities for Anders Company as of December 31, 2008? a. $15,000 b. $10,000 c. $25,000 d. $20,000 121. Which of the following events is not a business transaction? a. Investment of cash by the owner b. Hired employees c. Incurred utility expenses for the month d. Earned revenue for services provided 122. Net income results when a. Assets ; Liabilities. b. Revenues = Expenses. c. Revenues ; Expenses. d. Revenues ; Expenses. 123. Owners capital at the end of the period is equal to a. owners capital at the beginning of the period plus net income minus liabilities. b. owners capital at the beginning of the period plus net income minus drawings. c. net income. d. assets plus liabilities. 124. A balance sheet shows a. revenues, liabilities, and owners equity. b. expenses, drawings, and owners equity. c. revenues, expenses, and drawings. d. assets, liabilities, and owners equity. 125. An income statement a. summarizes the changes in owners equity for a specific period of time. b. eports the changes in assets, liabilities, and owners equity over a period of time. c. reports the assets, liabilities, and owners equity at a specific date. d. presents the revenues and expenses for a specific period of time. 126. If the owners equity account increases from the beginning of the year to the end of the year, then a. net income is less than owner drawings. b. a net loss is l ess than owner drawings. c. additional owner investments are less than net losses. d. net income is greater than owner drawings. Use the following information for questions 127–129. Jimmys Car Repair Shop started the year with total assets of $270,000 nd total liabilities of $180,000. During the year, the business recorded $450,000 in car repair revenues, $255,000 in expenses, and Jimmy withdrew $45,000. 127. Jimmys Capital balance at the end of the year was a. $240,000. b. $225,000. c. $285,000. d. $195,000. 128. The net income reported by Jimmys Car Repair Shop for the year was a. $150,000. b. $195,000. c. $90,000. d. $405,000. 129. Jimmys Capital balance changed by what amount from the beginning of the year to the end of the year? a. $45,000 b. $195,000 c. $90,000 d. $150,000 130. The balance sheet is frequently referred to as a. an operating statement. . the statement of financial position. c. the statement of cash flows. d. the statement of owners equity. 131. The primar y purpose of the statement of cash flows is to report a. a companys investing transactions. b. a companys financing transactions. c. information about cash receipts and cash payments of a company. d. the net increase or decrease in cash. 132. All of the financial statements are for a period of time except the a. income statement. b. owners equity statement. c. balance sheet. d. statement of cash flows. 133. The ending owners equity amount is shown on a. the balance sheet only. b. he owners equity statement only. c. both the income statement and the owners equity statement. d. both the balance sheet and the owners equity statement. 134. Benson Company began the year with owner’s equity of $175,000. During the year, the company recorded revenues of $250,000, expenses of $190,000, and had owner drawings of $20,000. What was Benson’s owner’s equity at the end of the year? a. $255,000 b. $215,000 c. $405,000 d. $235,000 135. Ed Dexter began the Dexter Company by inve sting $20,000 of cash in the business. The company recorded revenues of $185,000, expenses of $160,000, and had owner drawings of $10,000. What was Dexter’s net income for the year? a. $15,000 b. $35,000 c. $25,000 d. $45,000 136. Jenner Company began the year with owner’s equity of $15,000. During the year, Jenner received additional owner investments of $21,000, recorded expenses of $60,000, and had owner drawings of $4,000. If Jenner’s ending owner’s equity was $46,000, what was the company’s revenue for the year? a. $70,000 b. $74,000 c. $91,000 d. $95,000 137. Janzen Company began the year with owner’s equity of $217,000. During the year, Janzen received additional owner investments of $294,000, recorded expenses of $840,000, and had owner drawings of $56,000. If Janzen’s ending owner’s equity was $531,000, what was the company’s revenue for the year? a. $860,000 b. $916,000 c. $1,154,000 d. $1,210,000 Use the following information for questions 138-139. Benny’s Repair Shop started the year with total assets of $100,000 and total liabilities of $80,000. During the year, the business recorded $210,000 in revenues, $110,000 in expenses, and owner drawings of $20,000. 138. Owner’s equity at the end of the year was a. $120,000. b. $100,000. c. $80,000. d. $90,000. 139. The net income reported by Benny’s Repair Shop for the year was a. $80,000. b. $100,000. c. $60,000. . $190,000. Use the following information for questions 140–141. Berwick Company compiled the following financial information as of December 31, 2008: Revenues$140,000 Berwick, Capital (1/1/08)105,000 Equipment40,000 Expenses125,000 Cash35,000 Berwick, Drawings10,000 Supplies5,000 Accounts payable20,000 Accounts receivable15,000 14 0. Berwick’s assets on December 31, 2008 are a. $235,000. b. $170,000. c. $80,000. d$95,000. 141. Berwick’s owner’s equity on December 31, 2008 is a. $105,000. b. $110,000. c. $80,000. d. $120,000. 142. Ironton Company’s owner’s equity at the beginning of August 2008 was $300,000. During the month, the company earned net income of $60,000 and owner’s drawings were $20,000. At the end of August 2008, what is the balance in owner’s equity? a. $260,000 b. $300,000 c. $340,000 d. $380,000 143. On January 1, 2008, Jackson Company reported owner’s equity of $470,000. During the year, the owner withdrew cash of $20,000. At December 31, 2008, the balance in owner’s equity was $500,000. What amount of net income or net loss would the company report for 2008? a. Net income of $30,000 b. Net loss of $50,000 c. Net income of $10,000 d. Net income of $50,000 Use the following information for questions 144–146. Jenkins Catering started the year with total assets of $20,000 and total liabilities of $5,000. During the year, the business recorded $16,000 in catering revenues and $8,000 in expenses. Jenkins made an additional investment of $3,000 and withdrew cash of $5,000 during the year. 144. The owner’s equity at the end of the year was a. $21,000. b. $18,000. c. $8,000. d. $2,000. 145. The net income reported by Jenkins Catering for the year was a. $16,000. b. $11,000. c. $8,000. d. $3,000. 146. Owner’s equity changed by what amount from the beginning of the year to the end of the year? a. $15,000 b. $14,000 c. $6,000 d. $3,000 147. During the year 2008, Toronto Enterprises earned revenues of $45,000, had expenses of $25,000, purchased assets with a cost of $5,000 and had owner drawings of $3,000. Net income for the year is a. $45,000. b. $20,000. c. $17,000. d. $15,000. 148. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, no additional investments were made and the company earned net income of $4,000. If owner’s equity at October 31 totals $32,000, what amount of owner drawings were made during the month? a. $0 b. $1,000 c. $3,000 d. $7,000 149. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, no additional investments were made and the company posted a net loss of $3,000. If owner’s equity at October 31 totals $32,000, what amount of owner drawings were made during the month? a. $0 b. $1,000 c. $3,000 d. $7,000 150. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, the owner made additional investments of $2,000 and the company earned net income of $6,000. If owner’s equity at October 31 totals $40,000, what amount of owner drawings were made during the month? a. $0 b. $3,000 c. $4,000 d. $5,000 151. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, the owner made additional investments of $5,000 and the company posted a net loss of $3,000. If owner’s equity at October 31 totals $35,000, what amount of owner drawings were made during the month? a. $0 b. $2,000 c. $3,000 d. $5,000 Additional Multiple Choice Questions 152. Which of the following is not part of the accounting process? a. Recording b. Identifying c. Financial decision making d. Communicating 153. The first part of the accounting process is a. communicating. b. identifying. c. processing. d. recording. 154. Keeping a systematic, chronological diary of events that are measured in dollars and cents is called a. ommunicating. b. identifying. c. processing. d. recording. 155. Auditing is a. the examination of financial statements by a CPA in order to express an opinion on their fairness. b. a part of accounting that involves only recording of economic events. c. an area of accounting that involves such activities as cost accounting, budgeting, and accounting information systems. d. conducted by the Securities and Exchange Commission to ensure that registered financial statements are presented fairly. 156. Internal users of accounting information include all of the following except a. company officers. b. investors. c. marketing managers. . production supervisors. 157. The organization(s) primarily responsible for establishing generally accepted accounting principles is(are) the FASBSEC a. nono b. yesno c. noyes d. yesyes 158. The primary accounting standard-setting body in the United States is the a. Financial Accounting Standards Board. b. International Accounting Standards Board. c. Internal Revenue Service. d. Securities and Exchange Commission. 159. A proprietorship is a business a. owned by one person. b. owned by two or more persons. c. organized as a separate legal entity under state corporation law. d. owned by a governmental agency. 160. A net loss will result during a time period when a. assets exceed liabilities. b. assets exceed owners equity. c. expenses exceed revenues. d. revenues exceed expenses. 161. The Ryder’s Uptown Grill received a bill of $400 from the Erml Advertising Agency. The owner, John Ryder, is postponing payment of the bill until a later date. The effect on specific items in the basic accounting equation is a. a decrease in Cash and an increase in Accounts Payable. b. a decrease in Cash and an increase in J. Ryder, Capital. c. an increase in Accounts Payable and a decrease in J. Ryder, Capital. d. a decrease in Accounts Payable and an increase in J. Ryder, Capital. 162. James Company purchases $600 of equipment from Mundelein Inc. for cash. The effect on the components of the basic accounting equation of James Company is a. an increase in assets and liabilities. b. a decrease in assets and liabilities. c. no change in total assets. d. an increase in assets and a decrease in liabilities. 163. Morreale Beaver Company buys a $12,000 van on credit. The transaction will affect the a. income statement only. b. balance sheet only. c. income statement and owners equity statement only. d. income statement, owners equity statement, and balance sheet.

Sunday, March 8, 2020

Phillips vs Martin Marietta essays

Phillips vs Martin Marietta essays Discrimination consists of many forms, discrimination against race sex, color, religion or national origin. When it comes to discrimination in the work force, individuals should be considered based solely on their capabilities and not on the stereotypical "men's jobs" and "women's jobs". In the Supreme Court Case, Phillips v. Martin Marietta, Ms. Ida Phillips was denied a position at Martin Marietta Corp. Not only was she denied a position but also she was denied the right to even apply for the position based on the fact that Mr. Martin Marietta told her, he was not accepting applications from women with pre-school children. However when all was said and done, a man was hired for the position. A man who happened to have pre-school children. In this case sex was not a "bona fide occupational qualification". Being of a certain sex was not a specific qualification of this job. This was not necessarily a "man's job", considering Mr. Marietta had hired trained women before. It all boiled down to the stereotypical role that woman were supposed to uphold. Women were always thought of as the child bearers and the keepers of the home. In the eyes of Mr. Marietta a man having pre-school children would still have a wife at home to care for his children, and therefore it would not affect his working abilities. This a very narrow-minded way for someone to think, but that does not mean thats it is not done. Realistically who is to say that the man who was hired with the pre-school children was not a single father, or had a working wife that was home less than he was? Mother's along with fathers have an equal responsibility in the care of their children, and both could find proper care so that job performance would stand unaffected. You cannot refuse woman employment because of small children unless you refuse employment to men also. Martin Marietta Corp. directly violates the Civil Rights Act of 1964. Many states...

Thursday, February 20, 2020

ENG 305T Annotated Bibliography Research Paper Example | Topics and Well Written Essays - 3750 words

ENG 305T Annotated Bibliography - Research Paper Example By managing personal time an individual becomes able to eliminate wastage, abstain from excessive workloads, be equipped for meetings, supervise project progress, distribute resources like time in an appropriate way according to the task's importance, and ensure concentration on long-term projects, planning each day effectively and similarly each week efficiently. This article offers practices that may enable in the effective management of time. As mentioned by Blair, â€Å"This involves the simplistic task of keeping a note of how you spend your time for a suitably long period of time (say a week).† The main practiced involve waste disposal, avoiding subordinate work by delegating, making appropriate appointments, scheduling projects, monitoring staff and paying attention to long term objectives. Personal Time Management is thus an organized appliance of strategies based on common sense strategies. It necessitates little effort, nevertheless it encourages efficient work exerc ises by spotlighting wastage and it contributes to effectual use of time by concentrating it on one’s chosen activities.† Bridge, Tim. ... The author emphasizes on personal time management by being obliged by one’s own need and therefore based on one’s need makes it more difficult to acquire and be utilized till its full potential. According to the author, the skill of managing time effectively requires time for development and perfection so a variety of approaches are suggested to be attempted. The Tips offered in the given article include briefly enlisting everything that needs to be done. As quoted by the author â€Å"Write as much down as you can. If you don’t carry a planner or notebook already, start. Personally, I’ve always preferred a small, simple, white-lined notebook because you aren’t restricted by the various boxes and lines of the average planner† (Bridge). The second way suggested by the author is â€Å"make use of down time† emphasizing on the prioritization of the tasks. The third way is to reward oneself upon accomplishment of each goal. Then the author suggests to â€Å"concentrate on one thing† i.e. instead of multitasking, prioritizing each task and attempting to complete each task one by one. The other way to achieve time management is to avoid procrastination, as quoted by the author â€Å"When trying to be more productive and trying to save time, procrastination should be avoided like nothing else. It is the ultimate productivity-killer† (Bridge). Then the author suggests to set deadlines personally and penalizing oneself on missing them. The other ways suggested by the author include delegating responsibility, planning long term goals, implementing a software program such as RescueTime to check the amount of time wasted in useless activities, team work and avoiding burnouts.

Tuesday, February 4, 2020

Analyze a Case Study Example | Topics and Well Written Essays - 750 words

Analyze a - Case Study Example IMPORTANT FACTS SURROUNDING THE CASE Multitouch technology is probably more flexible as compared to single-touch technology. The technology allows users to perform exceptional gestures using one or more fingers. The technology facilitates users to interact with objects on the smartphone or computer screen without using mouse, clicking buttons or striking keys. In other words, it overcomes the difficulties of using mouse or keyboards and thus enables the users to access and interact with objects on the screen, who are physically unable to grasp mouse (New To The Touch, â€Å"Interactive Session: Technology†). Accordingly, the key advantage of multitouch technology is that users can perform various actions on the screen using their fingers to interrelate with these objects on the screen instead of merely depending on mouse or keyboard. The multitouch technology allows users to browse and navigate internet, zoom in and out images and web pages on the computer screen or smartphone as well as it enables users to shuffle and organize applications on the screen. Another important advantage of mutitouch technology is that students at elementary level are offered with ‘easy- to- use’ computer. Moreover, multitouch technology also provides significant opportunities for commercial sectors. Notably, business consumers can interact and place orders with retailers and make virtual video calls simply with the use of their fingers (New To The Touch, â€Å"Interactive Session: Technology†). KEY ISSUES There are various issues related to people, organization and technology that must be addressed if any business considers systems and computers with multitouch. It is vital to address employees who are not technology savvy as well as those employees who are impervious to change. The cost of implementing and maintaining multitouch interface is also quite high (New To The Touch, â€Å"Interactive Session: Technology†). ALTERNATIVE COURSES OF ACTION I t is also crucial to address the organization’s adaption towards technology, its goals and information technology (IT) expertise within the organization. As far as the technology is concerned, it is imperative to address cost associated with implementation and maintenance. Additionally, another course of action should include the fact that employees should be provided with adequate training to handle the intricacies associated with mutitouch interface. Correspondingly, addressing all these components effectively will facilitate the business to avail the opportunities provided by multitouch technology in the best possible manner (New to the Touch, â€Å"Interactive Session: Technology†). Effective leadership is essential for successful implementation of multitouch screen within the organization (New To The Touch, â€Å"Interactive Session: Technology†). EVALUATING EACH COURSES OF ACTION Addressing the issues effectively will enable the companies to avail the sign ificant advantages arising from the use of multitouch interfaces. Multitouch technology implemented within the IT infrastructure of the organizations will enable the management to conduct its business transaction smoothly. In this regard, it can be said that rendering proper training regarding the technology will also allow employees within the organizations to perform their various activities smoothly that would in turn immensely benefit the organization. Moreover, the multitouch interf