The Costs Controlling Methods Essay Example

Essays on The Costs Controlling Methods Essay The paper "The Costs Controlling Methods" is a good example of an essay on finance and accounting. Proper bookkeeping creates notable and remarkable differences in smooth operations with lots of sustainability when it comes to the administrative functions of a business organization. By getting informed of where the cash business money and funds are coming from as well as going to, an accountant can easily streamline his or her accounting activities. The costs controlling methods play significant roles in the maintenance of good reputation and getting rid of disputes arising on legal matters. The standard rule in accounting is that liabilities get recorded on the debit side of a cash book and at the same time invoiced as an expense (Hoggett). For the case of assets, the get debited on the cash book and invoiced as income. Liabilities are always regarded as costs since they involve cash flowage outward or from the business accounts or even the business’ cash at hand being given away. For the case of assets, they are considered as income since they involve money flowing into the company, which can be through sales and other interests gained on loans (Hoggett). In this case, there is a brokerage fee of $3,000 when a corporation (publicly listed) issued bonds. This particular brokerage fee is considered as an expense since it involves the flow of cash from the business to the individual broker who identifies a potential customer to buy the bonds from the company. Therefore, it means that the $3,000 is a liability that must be expensed on the invoice. The amount received from selling the bond or rather the price of the bond is invoiced as revenue to the firm (0-edu.knotia.ca.orca.douglascollege.ca). The net value of the bond is therefore gotten by finding the difference between the selling price of the bonds and the brokerage fee. The brokerage fee in the process of selling the bonds is considered as a transaction fee. This is mainly because the to get a clien t and persuade as well as convince him or her to buy them at the prevailing price set by the business organization some fee must be incurred. These particular fees are what get regarded as transaction costs in the matter. Therefore in the process of making an invoice, they are invoiced as expenses.

What Is The Rule For Forming Questions Within The Simple...

Question 5 (10 points) What is the rule for forming questions in the simple present and simple past in English? Questions in the simple present can be formed in a couple of ways with questions lacking question words such as â€Å"Do† and â€Å"Does† (examples: Do you read short stories? and Does Frank play the violin?), and questions containing question words such as â€Å"What,† â€Å"When,† and â€Å"Where† (examples: What do you type on your laptop?, When does your brother go to school, and Where do you visit your relatives?). To form a question in the simple past, the auxiliary â€Å"did† and the infinitive form of the verb are needed; some examples would include Did I play baseball?, Did you play baseball?, and Did he play baseball? Question 6 (10 points) Give 3 situations in which it is appropriate to use the present perfect. The present perfect tense pertains to talking about things in which a connection exists between the past and the present. For example, She has written five songs. So she began writing songs at some point in the past. Up to now, she has written five songs. She could write additional songs. Accordingly, three situations in which it is appropriate to use the present perfect would include unfinished actions, finished actions, and with â€Å"been† and â€Å"gone.† The present perfect is appropriate when referring to unfinished states, actions, or habits that began in the past and still apply to the present. It typically is indicated for â€Å"how long† with the words â€Å"since† or â€Å"for† needed.Show MoreRelatedEssay on Cancer Cells Made Henrietta Lacks Immortal1165 Words   |  5 Pagesscience and life as we know it today. Her life has finally been portrayed in a very intimate story that not only does her life some justice but also transcendentally brings to mind the philosophical issues concerning medical ethics both of the past, present, and the future. 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East Asian Economic Crisis Essay Example For Students

East Asian Economic Crisis Essay A large economic downturn in East Asia threatens to end its nearly30 year run of high growth rates. The crisis has caused Asian currenciesto fall 50-60%, stock markets to decline 40%, banks to close, and propertyvalues to drop. The crisis was broughton by currency devaluations, bad banking practices, high foreign debt,loose government regulation, and corruption. Due to East Asias largeimpact on the world economy, the panic in Thailand, Indonesia, Korea, andother Asian countries has prompted othercountries to worry about the affect on their own economies and offer aidto the financially troubled nations (Sanger 1). The East Asian crisis has affected almost all of the Asiannations, but the three hardest hit countries are Thailand, Indonesia, andSouth Korea. The panic began in Thailand in May of 1997 when speculators,worried about Thailands slowing economy, excessive debt, and political instability devalued the baht as they fled formarket-driven currencies like the American dollar. Indonesias economysoon fell soon after when the rupiah hit a record low against the U.S. dollar. Indonesia is plagued by more than$70 billion worth of bad debts and a corrupt and inefficient government. Thailand and Indonesia also suffer from being overbuilt during real estatebooms thatReven2 were the result of huge influxes of cash by optimistic foreigninvestors. South Korea faltered under the weight of its huge foreign debt,decreasing exports, and weakening currency (Lochhead 4-5). Other major countries touched by the crisis are Japan, China,Malaysia, and the Philippines. Japans economy is burdened by $300 billionin bad bank loans and a recession. Chinese banks may carry bad banks loansof up to $1 trillion. The banks lend 66%of Chinas investment capital to state-run industries that only produce12% of Chinas industrial output (Manning 2). Malaysia and the Philippinesare both faced with devalued currencies and lowered stock markets(Lochhead 5). The implications of the Asian financial crisis are many. Adeclining Asian economy will reduce demand for U.S. and other countriesexports. The devalued currencies of East Asia will make Asian imports seencheap and will lead to increased American imports, thus increasing our trade deficit (Lochhead 2). A worldwide bankingemergency could result if the embattled Asian economies failed to pay backtheir loans to the U.S. and other countries (Duffy 2). If the Asianeconomies fall further, in a desire to raise cash, they might sell the hundreds of billion dollars of U.S. treasuries they now own, leading to higher interest rates and an Americanrecession (Lacayo 2). An article in the Economist reported that the Asianeconomic turmoil and the layoffs that may result, could instigateincreased discontent and possibly give rise to violent strikes, riots, andgreater political instability (1-2). Reven 3Since the financial tumult causes instability in the world market,several solutions have been proposed designed to restore the health of theAsian economy. The International Monetary Fund is offering $60 billion inaid packages to Thailand, Indonesia, and South Korea (Lacayo 1). The aid will be used for converting short-termdebt to long-term debt and to keep currencies from falling lower in theworld market (Passell 2). Lower currency values make repaying loans toother nations more difficult (Sanger 1). The aid packages are tied to measures that will ensure that therecipient countries reform their economies. Some of the measures thenations must follow are increasi ng taxes to decrease budget deficits,ending corruption, increasing banking regulation,improving accounting information so investors can make better decisions,closing insolvent banks, selling off inefficient state enterprises, andincreasing interest rates to slow growth and encourage stability (Lacayo3). .uf1f76fe96927f5b5e92989d4dbd99716 , .uf1f76fe96927f5b5e92989d4dbd99716 .postImageUrl , .uf1f76fe96927f5b5e92989d4dbd99716 .centered-text-area { min-height: 80px; position: relative; } .uf1f76fe96927f5b5e92989d4dbd99716 , .uf1f76fe96927f5b5e92989d4dbd99716:hover , .uf1f76fe96927f5b5e92989d4dbd99716:visited , .uf1f76fe96927f5b5e92989d4dbd99716:active { border:0!important; } .uf1f76fe96927f5b5e92989d4dbd99716 .clearfix:after { content: ""; display: table; clear: both; } .uf1f76fe96927f5b5e92989d4dbd99716 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf1f76fe96927f5b5e92989d4dbd99716:active , .uf1f76fe96927f5b5e92989d4dbd99716:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf1f76fe96927f5b5e92989d4dbd99716 .centered-text-area { width: 100%; position: relative ; } .uf1f76fe96927f5b5e92989d4dbd99716 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf1f76fe96927f5b5e92989d4dbd99716 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf1f76fe96927f5b5e92989d4dbd99716 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf1f76fe96927f5b5e92989d4dbd99716:hover .ctaButton { background-color: #34495E!important; } .uf1f76fe96927f5b5e92989d4dbd99716 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf1f76fe96927f5b5e92989d4dbd99716 .uf1f76fe96927f5b5e92989d4dbd99716-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf1f76fe96927f5b5e92989d4dbd99716:after { content: ""; display: block; clear: both; } READ: Multilple Personality Disorders EssayHopefully these market reforms will allow East Asia to improve itseconomic outlook. Since most of the Asian nations have balanced budgets,low inflation, cheap labor, pro-business governments, and high savingsrates, the long-term outlook for these coun tries is very good (Marshall1). The financial crisis, instead of destroying the Asian tigers, willmerely serve as a much needed lesson in debt management, orderly growth,competent accounting practices, and efficient government. Considering thesize of Asias contribution to the world economy, a rapid recovery will begreatly anticipated.

Survey Results

Introduction Research has been a useful instrument in many aspects of human life. Other than natural science studies, which are very common among natural scientists, social science research has gained relevance over the recent years. Kurtz (2008) observes that the society is very dynamic. Many activities in society change due to technological developments.Advertising We will write a custom case study sample on Survey Results specifically for you for only $16.05 $11/page Learn More Because of this, there has been an increasing desire to conduct research, which may answer several questions emerging in our current society. Social science research focuses on human behavior. Unlike in pure sciences where a specimen can be put in some controlled environment, human behavior cannot be put under restricted conditions. Moreover, a human being can change his or her character or provide untrue answers once he or she realizes that there is a study being conducted on his or her behavior. This would therefore demand social scientists to master the art of studying human behavior. This may not be very easy because in most cases, there is always a need to be closer enough to the object being studied. In case the subject being studied is a human being, it would be challenging to conclude research findings successfully. Human behavior is subject to change. Researchers should note this and device ways of dealing with it. Surveys offer the best way through which human behavior can be understood. A researcher may decide to conduct a study through surveying. Churchill and Lacobucci (2004) assert that a survey has proved to be a very effective method of conducting research. A researcher can decide to utilize an interview method in gathering data. Furthermore, the technique could as well be supplemented with surveying. This is important as the researcher would generalize from his or her own observation and use the results from the interview to validate or m odify the study. Research Methods Every research project applies a specific research method to achieve its objectives. This may actually depend on the goal of the project. The researcher in this paper intends to find out the prevalence of drug abuse in the state of Arizona. The society detests the habit of drug addiction. Not many people will admit that at one time or another, he or she was involved in drug abuse.Advertising Looking for case study on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More They would provide information that would not expose their behaviors in relation to drug abuse. The researcher therefore devices a method that would back up the findings received from various respondents. A survey could be used to support the interview. For the interview, the researcher designed questionnaires that would guide respondents in answering structured questions. The questionnaire was designed to gather information pertaining to respondent’s gender, their involvement in drug abuse and their encounters with police officers. The researcher was keen to exclude some statements from the questionnaire. In the questionnaire, the researcher deliberately avoided asking questions such as whether the respondent was a drunkard when the accident occurred. Such questions are intimidating and can change the mood of the respondent leading to biased answers. In this scenario, the researcher made a concerted effort to design questions in a way that would not make respondents feel guilty either as drunkards or as drunk drivers. The researcher succeeded in doing this in his third question, which inquires about any encounter with the Arizona State officers. This question was designed to push the blame on state officers. This lifts the guilt from the respondent hence increasing the chances of extracting required information from the respondent. To maintain ethics in this study, the researcher explained the purpose of the study and its intended use. Application of the Scenario The concept used in the above scenario would be applicable in a business research. In most business researches, there is always the need to gather information without intimidating respondents. The questionnaire in this scenario was designed technically. Therefore, it is appropriate to ensure that respondents are not subjected to questions that are intimidating. In case there is a question that needs to be addressed, it should be structured in a way that would not make respondents feel guilty.Advertising We will write a custom case study sample on Survey Results specifically for you for only $16.05 $11/page Learn More It is always very important to limit uncertainties when collecting data. This would call for application of appropriate probability concepts when collecting data. In this research, it would be appropriate to use empirical probability concept. This is because the data will be given a h istorical analysis. Empirical approach would limit uncertainties that always come with data collection techniques (MacLean, Mohr, 1999). In any research, it is always vital to identify discreet outcomes. In the case provided, the researcher was able to gather discreet data from respondents by carefully designing the questionnaire to avoid biased answers. It is always necessary to ensure that the data collected is as accurate as possible. Most researches are always useful in formulating policies that may be applicable in various fields in society. As Kabani (2009) explains, accuracy and precision of various probability concepts is important if information is to be of any use. However, these probability concepts always have some degree of assumptions. These assumptions may jeopardize the accuracy of results. On the other hand, the need for accuracy and precision may also render a concept irrelevant. This will call for a balance between the need for accuracy or precision and the appli cability of a concept. This should be done in a way that would allow accuracy while still accepting the practicability of the concept used. Hamilton (2004) explains that in a bid to ensure maximum accuracy, care should be taken to ensure that necessary assumptions are taken into considerations. Similarly, the assumptions should not override the need for accurate data. Data gathered through survey indicate that majority of drivers in the state of Arizona are men. The survey also indicates that majority of these drivers are always involved in drug abuse. From the survey, over 80% admitted that at one point, they were involved in drug abuse. From the interview, it was also ascertained that police officers in this state are not keen on identifying the culprits. Many cases of drug abuse always go unnoticed and this endangers the lives of other members of society. Care should be taken to ensure that this issue is addressed fully. Indeed, many people have perished due to drug addiction. Po licy makers have a role to play as far as drug abuse is concerned. No action can be taken without sufficient data.Advertising Looking for case study on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, proper investigation should be carried out to identify the major causes of the problem in the state of Arizona. Researchers would therefore employ data collection techniques that are precise in order to come up with accurate information. Conducting research is the first step in solving any problem afflicting society. References Churchill, G., Lacobucci, D. (2004). Marketing Research with Infortrac: Methodological Foundations. New York, NY: Southwestern Publications. Hamilton, A. (2004). Handbook of Project Management Procedures. New York, NY: TTL Publishing. Kabani, S. (2009). The Zen Of Social Media: An Easier Way to Build Credibility, Generate Buzz, and Increase Revenue. Dallas: Ben Bella Books. Kurtz, D. (2008). Contemporary Marketing: Designing Customer Oriented marketing Strategy. New York, NY: Cengage Learning. MacLean, M., Mohr, M. (1999). Teacher-researcher at Work. Berkeley, CA: National Writing Project. This case study on Survey Results was written and submitted by user Madison Sargent to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.