Essays on Money

The following case study corresponds to an analysis of the known facts going around the Swiss Franc and the effects it has from the point of view of investors, managers, employees, manufacturers and tourists. In order to show this breakdown, the next set of questions will be answered accordingly.

- Why is the Swiss Franc a “haven currency” according to many international investors?

For international investors, the Swiss Franc represents a “haven currency”, thanks to its ability to protect capital and revenues since it ...

Introduction

The article reviews the financial and economic benefits acquired by the community and employees of Lincolnshire cooperatives since its establishment in the region. It emphasizes on the strenuous economic status of the members of the cooperatives who have benefited in different ways from the existence of the cooperative. Members receive dividends, and bonus offers are given when they purchase local products. This has been used as a motivation strategy to increase their purchase of local products thus developing the region. The bonus can be termed as a payment for their royalty to their own goods.

The employees of the cooperative ...

Summary of the Two Journal Articles

The article discusses strategies for cost control in health care services paying attention to the issue of continues innovation in medical science. Three groups are classified based on qualitative assessment of the potential influence on cost reduction.

The provider’s businesses being based on fee-for-service payments, the question is how payment reform should be introduced keeping the services as usual. Budget-based capitation is the most potent form of payment reform in which providers receive fixed amount for all health services of a population of patients. New technology and new drugs should have strengthened ...

After the enacting of the Simon Study Abroad Bill in 2009, the issue of studying abroad and foreign education have been an in issue in concern. Fundamentally, the bill focuses to not only support the students who study in abroad, but also the conditions and challenges that hampers the student’s ability to study in a foreign country. A major issue that represent these factors is the lack of money (Byram & Feng, 2006). This is the reason why the bill engages itself in providing funds to the student who are studying abroad. Although, the bill stipulates that it provides these ...

THE UNITED STATES FEDERAL RESERVE SYSTEM

The Federal Reserve is the central bank of the United States of America (Federal Reserve System, 2013). It is governed by a board of directors appointed by the president, whose main responsibility is the determination of the monetary policy through the manipulation of the various monetary tools (Federal Reserve Board, 2013). The bank was originally formed in December 23rd 1913 by an act of congress and is currently headquartered in Washington D.C, with twelve other branches located in major cities across the country (Federal Reserve System, 2013).

One of the monetary tools that are used in setting the monetary ...

Introduction

Company valuation is an essential area when it comes to determining the value of an organization or business. Such information helps a company to plan its future investments. Additionally, potential investors can rely on company valuation information to determine whether it will be beneficial to invest in a company. This paper seeks to look into a number of company valuation techniques based on the Royal Dutch Shell Company. Furthermore, it provides information on how the efficient market hypothesis affects price movements with reference to Royal Dutch Shell Company. The stock market is especially advantageous because of the liquidity of the securities ...

Apparently, Lil Wayne is not only known for his exemplary style of music but also his unique and outstanding character. Throughout his life, it is imperative to denote that this rapper has had to undergo stresses while concurrently achieving success. With the above said, this paper will present an insightful description of sources that will be used in the subsequent research. Details and how the use if these sources in the research will be elaborated more profoundly.

Brown, J. (2011). Lil Wayne: (an unauthorized biography). Phoenix, Ariz: Colossus

Owing the fact that this book offers a detailed record of ...

The Grameen Project is a plan to empower people by loaning them small amounts of money so they can start their own business. The plan works in exactly the opposite way from traditional banks. Yunus explains that loan repayment is much easier for borrowers in small amounts. Instead of requiring a repayment of the full loan at a certain date in the future, the Grameen plan requires weekly repayments for one year. In order to encourage women to get involved and stay involved women who have similar goals form groups to give each other support. The groups are self-managed ...

The existence of different exchange rates allows using different approaches and methods when converting currencies. One of these methods is the current rate method, which is very actively used throughout the world. This method converts revenues and expenses into US dollars using the exchange rate so that any article of their accounting will be recognized during the period. In practice, an average exchange rate is used for this period. Revenues and expenses are converted at the exchange rates prevailing at the balance sheet data. Accounts for the movement of capital used the exchange rate of the period when the ...

In this 21st century, the population of the world is progressing rapidly with the strength of democracy. Everybody gets equal opportunity to become successful, which is free enterprise. Technology and science is a back support for education. Several people in this world need education. This has to be supported by the government where people live. Unequal availability of education to people will create problems because the uneducated are unable to gain like the educated. To solve problems happening due to uneducation, the government has to spend lot of time and money.

The money and time spent to solve problems ...

Debriefing Report for VoIP2.biz, Inc. to staying with the current plan will have several implications on the business. It would mean that the company would continue to experience the uneven cash flows hence more losses. It would mean that the company will be operating on a loss basis hence showing no need to be in business since the aim of the businesses should be to make profits (Dawson, et al 2012). It would also show how general public that the company is not flexible hence cannot be relied upon since technology keeps on changing due to the advancements. On the ...

2.In 2010, the American health care system was completely overhauled with the implementation of the Patient Protection and Affordable Care Act; amended later by the Health Care and Education Reconciliation Act of 2010. In these changes, a broken system that left many American citizens uninsured will gradually become the means by which all Americans will receive health insurance, for better or worse. In this presentation, we will discuss the impact of the bill on everyone from individuals to insurance companies, as well as the varying arguments for and against the bill. We will also discuss where the bill is at ...

This is the report of a market survey undertaken to understand suit wearing trends undertaken by Brookss Brothers, a popular cloth shop. The survey was administered to 50 people of which 46 were found to be valid. The other four were discarded. In the given population, 48% owned a suit, while others 52% did not own one. 23% of these respondents indicated that they never wear a suit, while 48% rarely wore a suit. 25% wore a suit occasionally and about 5% wore them often, indicating that in the given population, suit does not seem to be a greatly popular dress. To the next question, it ...

The killing of President John F. Kennedy was a blatant murder, not a random assassination executed by a man by the name of Lee Harvey Oswald. His death was carefully planned out, and was a result of the Presidents attitude towards issues surrounding the Federal Reserve, or otherwise known as the FDIC. Also, the Warren Commission, unofficially claims that Lee Harvey Oswald was an ex-military man, with a history of depression and suicide attempts. This of course is the US Governments official response to what happened that day. The Warren Commission claims that he single-handily planned and executed an assassination attempt on President John ...

The most powerful economy of the world USA is battling against inflation and health issues like obesity; on the other side Africa faces hunger and malnutrition. I recently read an article about the Ebola scare in Africa; it faces shortage of gloves meant for doctors. The disease is spreading as basic healthcare amenities’ are scarce. Many organizations are doing their bit to help the needy in Africa. I have always wanted to do something for the poor in Africa and am associated with a nonprofit firm in USA. God at times hears and answers your prayers instantly. The next day ...

- Introduction

Apparently, it is a requirement in most jobs that one should have at least a bachelor’s degree. However, it is a bit unsound to denote that a mainstream of the knowledge you acquire in college or university will not be applicable in the job subsequently in the future. The notion above raises the question regarding the necessity of studying things in college that will not be necessarily beneficial in the end. Based on the reason, it would have been rational enough to stick on classes that are technically related to your major. With the above said this, it is imperative to note ...

The circular flow model is a representation of an economy that shows the relationship of businesses and household and through their interaction through market for resources and products. Economy has two agents, which are business firms and households. The first agent is households that are social units comprising of people staying together in the same place. While, business firms are the companies that are involved in the production of products to make profits. Households interact with businesses through two ways; the first way is where households work for business to get income. The second way is when the household uses ...

Answer 1)

Bonds are an attractive investment assets and are appealing for any investor because of fixed interest income option which is not available in stocks. Furthermore, certain bonds as Treasury and Federal Agency bonds also offers tax advantages to the investor. Thus, such distinctive feature makes bonds an appealing investment class.

Some of the bonds which are currently available are:

- Treasury Bonds - Agency Bonds - Municipal Bonds - Corporate Bonds

Below are some common investment objectives that can be fulfilled through investment in Bonds:

i) Fixed Income Security: Since bonds are fixed income securities, they are known to offer a certain interest income depending on the type of bond purchased by the investor. This feature is not available in ...

At first I decided to cut foreign aid and reduce the federal workforce by 10%. When it comes to national welfare Military sector should step back, so I chose reduction of nuclear arsenal and space spending, military reduction to pre-Iraq War size and further troops reduction in Asia and Europe, cancelation or delaying of some weapons programs, reduction of noncombat military compensation, and troops reduction in Iraq and Afghanistan to 30,000 by 2013. In the Health Care sphere I consider increasing the Medicare eligibility age to 70 and cap Medicare growth starting in 2013 to be excessive. We ...

Through the rural acquisition initiative, Celtel wanted to capture the large market that is in existence through capacity utilization and suboptimal market penetration (Anderson and Jamie 1). Celtel came up with different ways on how to achieve their strategies concerning this programming. However, their existed particular threats that hindered their development and this included selection of in-capable project team, lack response from the market and lack of funds to fund the program.

As it can be noted, the key to success of the program was to establish a project team that is highly skilled and capable to formulating and implementing ...

Why do firms feel that liquidity is desirable even though it may mean that the firm does not utilize the investment capability of cash?

CASH IS KING! This was highlighted in the article and has become the popular slogan at the peak of the 2008 financial crisis. Indeed, this phenomenon is more apparent in bad times than in good times when businesses and households are somewhat oblivious of their accumulating debt and complacent which entail potential liquidity risks. If for anything, a financial meltdown reminds everyone again of the importance of being liquid. So why is liquidity important? In ...

Money and the manner in which two partners built and maintain their relationship is important in any partnership. To be fair and committed to each other in a long term, both partners should be open and honest in their money matters to each other. Ideally, they should have a strong agreement about their mutual financial decisions. We are simple mortals who may have lots of good intentions, but also plenty of obstacles that hinder us from realizing those intentions.

Money affairs and disagreeing over money issues is not unusual in most families. I think the richer the family is, the most financial ...

- The difference between common and preferred stock

Common stock, also called ordinary stock, are part of equity stock, which earn variable dividends. The amount of dividend they receive depends on the company’s performance and the decision of the board of directors. Thus, the dividend varies from annually and in some years, they may not receive dividends. Furthermore, common stock has residual claim on dividends after preferred stock have been paid. Common stock have an ownership stake in the company, accompanied by voting rights either in person or by proxy. They can, therefore, participate in some aspects of decision-making such as board membership, stock splits or ...

What would be the present without the future and the future without the dreams? When you save, your savings can bring you closer to your gigantic future dreams. I already recognize that to fulfill one’s imagination a person should make only one step at a time. In financial terms, all your lifetime gradual savings can make you rich and the life you live pleasant. Wealth creation is all about the person’s lifetime savings project. It should deal with money for retirement, paying off the house one hundred percent and saving to fulfill your cherished dreams. Such a shift is ...

Introduction

In part 1 of The Ascent of Money, Harvard University’s Professor Niall Ferguson explains how the concepts of money and banking came into existence. He explains this in the context of the 2008 global financial meltdown. This part of the documentary lays the groundwork that will enable the narrator explain how the effect of bankruptcy of a few institutions could impact so heavily and widely on the financial system. The existence of banks in the financial system as a link between lenders and borrowers is critical to the survival of the concept of money. Yet the strength of the financial ...

No clear definitions or entities have been found to describe the access of care well’ but there have been controversial trials towards this. Despite all the controversies, one thing that comes out in common is that access of care is more or less one and the same thing no matter the different definitions. Some have defined access as the entry and use of health services while to others, access characterizes the factors affecting the entry and use of the health services (Penchansky and Thomas 1). In unison, access of care refers to the ways and means by which people ...

- Productivity in the workplace is affected by the level of motivation given to the employees. Employees expect to be motivated through monetary and non-monetary incentives that make them feel appreciated at the workplace. From the video ‘A motivation convention in Chicago’ mike and other people he managed to interview present different views on the use of cash and non-cash incentives in motivating the employees. Motivating employees requires giving them more than cash as a way of appreciating their jobs. This means that employees prefer appreciation and recognition of their efforts through being given non-cash tangible materials such as a ...

In the beginning of the film, the narrator tells the audience a story about two adult sisters who live in a remote Danish village at the seaside. Both sisters were raised by a strict father who was a pastor of a small Protestant church. The two sisters were once in love, one, Martine, with an army officer, and the other, Philippa, with an opera singer and both had a chance to leave the village and start a new life with their beloved ones. However, both ended up alone, leaving lonely lives in the village of Jutland.

Thirty-five years later, in the middle of the night, a woman ...

Role of Federal Reserve

In the past few years, the Federal Reserve has come under increased scrutiny due to the financial crisis of 2007 – 2009. It has been criticized for lowering the interest rates, which resulted in cheaper mortgages, and thereby precipitating into a full blown financial crisis. Further, it has also been criticized for transforming itself into an investment vehicle, due to its role in quantitative easing, even though it helped in financial recovery. Historically, it has been Federal Reserve’s dual mandate to maintain the stability of prices and employment. That it does by varying its federal funds target, by ...

- One of the greatest advantages for an investor investing in mutual funds is that of diversification. At times, individuals do not have free cash flow to invest resources in several places such as; bonds and stocks.

Consequently, people can invest their money along with multiple other investors. This reduces the risks for the investor, as he is not reliant on a single source. Apart from this, mutual funds are managed by a hired professional. The individual who has invested his/her money may not have to worry about buying and selling at the right time; since, the professional investor performs this ...

Unsuccessful business connotes to a wasted effort. Unequivocally, worthy investments are requisite to the future financial security coupled with myriad accomplishments. Establishing an investment or rather an asset management business is primarily vital. Also, raising funds for business, thereby, investing in a competitive market explicitly illustrates the direction of a particular entity. Distinctively, a group of individuals based in London intends to invest into vintage cars and art pictures. The highlighted business necessitates myriad clarifications with regards to the investment. Essentially, the suggested business is majorly embattled with limited funds. The paper endeavors to establish whether to raise funds from a developed country or ...

According to Maslow, human needs are hierarchical; this means that there are particular needs that must be fulfilled first before considering the next. One’s need highly influences his or her motivation towards work. When one is motivated to work, the productivity of the company will go up. Money is the only way an employer can motivate the employees. When the workers are well paid, the money discussion will get away from the table. Instead of discussing money, the employees will dig deep into work increasing the productivity of the company. Money and incentives are, however, not the only ...

DQ1: Exchange Rates.

A. I spent my recent holiday vacation in South Africa, which is quite an inexpensive destination with various world class financial institutions that offer attractive exchange rates. Upon arrival at the O. R. Tambo International Airport in Johannesburg, I found a forex bureau that offered forex exchange at 0% percent commission to travelers. I exchanged 2000 US dollars and received 21,400 South African Rand (R). During the next four weeks of my vacation, I exchanged currency once at a forex bureau that charged 5% commission and later found out that I could exchange currency in Automated Teller machines at ...

Every project has three critical components: time, money, and resources. This three components depend on each other. You need to have three components working at same time. If one of them missing, the quality of the project will suffer. The quality of the project is going to be bad because of other elements missing. You can have lots of money to use and different sources to make the project better, but you are lacking of time. This critical hit will blow the good quality expectations right away.

A Closeout Report is a detailed report, which is wrote at the end ...

3.1 Assess the factors contributing to the establishment of general and specific rates of interest.

Interest rates are the prices that individuals or institutions pay for the use of various financial assets. General interest rates apply to a cross section of individuals and have the most influence on the economy of a country. The government through the central bank aims at monitoring and influencing the direction of general interest rates. Specific interest rates on the other hands are narrowed down to apply to a specific financial instrument or a small group of financial instruments . These specific interest rates do not affect the macroeconomic ...

Introduction

This is a strategy adopted by the government through the Central Bank to control macroeconomic shocks due to fluctuation in wages and prices of goods and services. Stabilization may include monitoring the business cycle and interest rate regulation by the central banks. Moderation of these factors leads to changes in unemployment rate, recovery of an economy from economic shock control borrowing and money supply. In general terms stabilization are used to regulate the fluctuation of business cycle. There are two main elements of stabilization policies, that is, monetary and fiscal policies.

Elements of Stabilization Policies

Monetary policy This is the process through which ...

Refering to the Cash Flow Statement of Apple Inc., we have found that the company uses Indirect Method of preparing Cash Flow Statement where the financial statement was divided under three sections i.e: - Cash Flow from Operating Activities

Cash Flow from Operating Activities:

Cash Flow from Investing Activities: Cash Flow from Financing Activities: Courtesy of a high amount of stock purchase during 2013, Apple Inc. Reported Cash outflow of $16.37 Million. Although this was marginally less than $16.98 cash outflow during 2012, but the major point to note in the cash flow from financing activities was $16.86 Million borrowing by Apple ...

The United Kingdom of Great Britain and Northern Ireland has been a state with one of the largest economies in the world for hundreds of years. The Bank of England, which is the central bank of the United Kingdom, gained its independence to set the country’s monetary policy in 1997. The key responsibility of the Bank of England is the monetary stability of the financial system. All decisions are taken by the independent Monetary Policy

Committee (MPC), which sets the interest rates to meet the inflation targets. The MPC is accountable to the House of Commons Treasury Committee, which ...

In the Business Ethics course, we encounter philosophies dealing with the appropriate decisions and actions in the face of business circumstances. It is often that business practices solely prioritize raking in money that is possibly disregarding economic impact. To expound on this issue, we would discuss the infamous 2008 Subprime crisis.

The year 2008 made a critical impact to the world of business, especially to the economy of a powerful nation, the United States of America. The economic downfall or in other terms, the financial crisis, that took place in the late 2000s made a lot of people pay for the unfortunate ...

Fun plays a significant role in our lives. As adults, we strive to entertain ourselves after a hard day’s work or studies even more, than during our childhood years. To have fun means different things for different people, depending what and to what extent each of them can afford. If balancing money is a lifetime achievement then money to enjoy oneself is no less essential. It simply means that any sensible person puts away a certain amount of funds to satisfy their wants. Those wants can be different, too. The question is rather, how to spend on your wishes, then what to ...

In this paper, to propose two ways in which free cash flow uncertainty could be avoided rests on the assumption that a business is evaluated capital projects whose inflows and outflows are denominated in any foreign currency. In such a case, one way to reduce uncertainty about cash flow stream is to hedge against the currency risk because foreign exchange market is so volatile that large fluctuations in currencies are witnessed every minute . Uncertainties which are inherent in projecting revenue and underlying costs and the vulnerability of the FOREX (foreign exchange) market as well as related derivatives, all of these ...

Analysis of Financial Statements

Referring to the above income statement, we find that since the start up, the revenue figures of the company has consistently increased with the revenue for Quarter 4 surging high by 144.4%. However, the profit margins of the company are not so encouraging, in fact despite of such a significant rise in the revenue figures, the company ended the latest quarter under the loss of -$3011373 and EPS of -$33/ share. An in-depth insight of the company’s income statement reveals that although the revenue figures of the company has been increasing, but it is not able ...

Software as a service can be defined as a software distribution model in which an application is proposed by the provider to serve as a service on demand (Laudon and Traver, 2011). Third party ASPs (Application service providers) are responsible for providing the licenses (Laudon and Traver, 2011). SaaS would be very attractive for the restaurants due to the fact that as clients, they would only have to subscribe for a fee to get the software functionality online; rather than having to purchase the software, and have it installed on their computers (Laudon and Traver, 2011). The cost for the technology such as ...

Difference between NPV and IRR

- The first difference between NPV and IRR lies on their implementation. NPV is calculated in currency terms while IRR is expressed as a percentage a firm projects capital project to yield (Besley & Brigham, 2011, p.521).

- NPV measures in absolute terms project return after a period while IRR measures the actual return from the invested funds.

- NPV perceives its cash flows to be reinvested back into the project at the required rate of return while IRR assumes reinvesting of cash flows back into proposed project at the IRR.

Similarities of NPV and IRR

- Both NPV and IRR take into consideration time value of ...

Report to the CEO

Financial management is a broad filed; in which there are number of concepts are buried. Among number of concepts, the name of capital budgeting and investment appraisal is one of them, which has its own significance and importance. The financial statement of an organization is the end document of a company which analyzes and presents different financial information accordingly. Basically a financial statement is comprises on different things, which predominantly are, income statement, balance sheet, cash flow and statement of changes in equity. In this particular assignment, which is all about capital budget and investment appraisal technique, it is required to recommend ...

Austerity Measure

The growth path of an economy does not follow a smooth trajectory. It is composed of a number of short-term and long-term fluctuations. The magnitude and duration of such fluctuations are varied. The government uses its two important tools, the fiscal policy and the monetary policy to smoothen out this jagged path to some extent. During periods of boom, that is, when the economy experiences high rate of growth with low unemployment rate and high income, the government follows a contractionary fiscal and monetary policy. In times of slump when the economy is under a phase of deceleration in growth with low output ...

Introduction

Using the above definition of amortization, the thesis statement for this research paper can be defined (Nellen et al. 37). It will be based on investigating how buying a car involving a bank can be beneficial or disadvantageous based on acquiring a loan and how it will be repaid by taking a real life example. Moreover, a real bank shall be chosen with an arbitrary rate which the bank shall judge a debtor. In so doing, an analysis of numbers shall be computed to illustrate more on which decision to draw concerning taking a loan for the car.

Discussion

Consider an individual called Steve. His aim is ...

The class discussions in Business Economics has provide me a chance to understand the different concepts that surround the determinable process by which business economics is handled especially in relation to how operations of basic economics relate to the process by which business organizations develop through time. More than this, the lessons and discussions on the subject also gave me a chance to perceive life differently especially when it comes to managing financial resources; it basically gave me a more realistic understanding of economics in general and how such element of understand applies to my personal process of living. The discussion and ...

Most employees in international organizations are charged with the responsibility of writing instructions proposals. A clear step by step outline of proposal instruction is presented below.

Design your executive summary to presents the overview of the entire proposal. Write it in a neat and impressive way because this is the first thing that a potential funder will be looking to. Include brief yet concise statements of the project in the executive summary (Pisoni and White 3). State the problem briefly and provide a clear solution for it by providing with a description of the project. Ideally, all the possible solutions to the problems ...

Part A: Work Role Report

Sublime Hotel and Beach Resort is a chain of hotels that span several states. It is in the service industry and has a relatively large and competent workforce. Specialization is necessary to ensure the workers comprehend the tasks and jobs they perform either individually or within a team. Furthermore, it creates a flow that explains their position, as well as their line managers to avoid unnecessary authority misunderstandings and disputes.

Each has specific roles and responsibilities. The management provides and maintains safety in the work environment, assesses and controls risk, and provides training, resources, supervision and information. They also ensure compliance with relevant rules ...

LA1: Five most important concepts or theories

General environment (Week LA): When shopping for a vacation house, for instance, I would need to check the location of the house: the population density of the immediately surrounding areas, its proximity to a commercial area within a short drive, and similar factors that makes my short vacation comfortable. Of course, I will have a certified building inspector review the structural aspect of the house as well as the water and heating systems. Resource-based theory (Week 3 LA): When planning for an extended trip to Europe and Asia, I will be checking first the available time I have, how ...

Response

The $9.9 million reduction in budget allocation makes one of the things that caught me by surprise. A closer analysis of the budget reveals that security/counter-terrorism grants have reduced dramatically from the 2013 values. The other most surprising thing is that the budget for communication was also reduced in 2014. Common knowledge would suggest an increased funding in communications and counter-terrorism programs. The capital program also surprised me since the department seems to have an elaborate ten-year plan that underfunded. Further, I was surprised to note that administration of the police department increased in budget allocation. The budget shows a ...

Introduction

In this report, we will put into the use the bond valuation technique so learnt by us. In addition, for the purpose of valuation, we will use the excel spreadsheet as and when needed. In other part, we will discuss and compare the interest rate risk and re-investment risk followed by measures to manage each of them. We are hopeful that by the end of this report, we will be gaining a handful experience over the concepts of bond valuation and various risk associated with them.

Part A

Answer 1)

1.a) Using the Present Value function in the excel spreadsheet for cash ...

The life story which is captured in “giving Voice to values and framing a life story” reflects the fight for justice for people whose rights to be compensated were violated. While I will be providing an evidenced case, the objective is to ensure that victims are fully rewarded with their rightful compensation and also in the amount that meets the given legal and ethical obligations on the part of the insuring company. This story therefore dwells on the principle of serving justice for the people who have various types of injuries who are seeking a fair assessment of the case ...

Exchange rates act as conversion basis between two or more currencies that vary in their values. The difference that exists between both currencies is what demands a substantial conversion rate. Ideally, the current conversion rate is deemed to be 9.9 -13.9. The two currencies which are deemed to be subject in the conversion are the United States Dollars and the Pesos. Ideally, the currencies are a member of the global currencies that are used in economic transactions within and outside the country. Therefore, there is a state and rate at which trade takes place between the two currencies. It is wrong for ...

Introduction

Born in the year 1904 in a Pennsylvanian town, B. F. Skinner is a world known psychologist (Kuhlmann 8). He embarked on the development of his human behavior ideas after earning a doctorate from the University of Harvard. Skinner showed a peculiar interest in making different contraptions and gadgets at a very early age. While he was studying at the Hamilton College, he developed a writing passion. He attempted to work his way into becoming a prolific writer after his graduation, but this turned out as a huge failure (Kuhlmann 8). After this is when Skinner decided to pursue a totally different course with his life and study ...

Discussion Questions

Risk involves any insecurity regarding a prospective incident with the probability to expose an institution’s potentiality to meet its mission and goals. Numerous incidents exhibits the probability to expose a nonprofit organizations essential property and resources to risk, which may in turn undermine its competency to offer the intended services.

The key assets and resources often range from people, property, donations, and proceeds. Hence, risks that are visible in these scenarios involves damage to property for organization one, injury risk for organization two as players and supporters might incur injuries, while the third Nonprofit Organization (NGO) faces both cash and ...

(a). Principal Documentation Processes and Records

Karla Kay plc payments should be in such a way that no single person controls the entire transaction alone. The procedure for payment should include a presentation of formal documents to the authority that sanction the payment. The authorities should have a limit on sanction powers such that some payment requires the top management of KK Company to sanction. The records and documents of payments must be properly recorded in the cashbook and maintained. Checks have to be pre-numbered and checked to avoid double payment. Checkbooks should be kept in safe custody. Internal audits of payment are ...

Healthcare organizations earn revenue through different means. Examples include; payment from provision of medical and non-medical services, donations and grants from persons, organizations and the government, and also from various forms of investments. Different factors affect the revenues generated from payments of medicinal and non-medicinal services. They include; the nature of medical services provided to patients, volume of outpatient procedures and the costs of such services. The main sources of revenue are as follows:

- Medicare

Medicare is a wellness program whose management lies with the Centers or Medicare and Medicaid Services. The program majorly avails healthcare services to individuals ...

Introduction

The primary purpose of this project audit method is to carry out a systematic inspection of a point-of-sale at a hotel to assist in automating services. The hotel has for a long time been using an over-the-counter register in its interactions and a manual inventory for its suppliers. The new technology offers a new way by which to increase the speeds of transactions and accuracy of the orders. Installation of the new electronic point-of-sale is done in a bid to maximize customer experience and take control of the inventory, and secure the systems at all points of entry. The electronic point-of-sale would enable the management of ...