Essays on Standard

Landmark Antitrust Case Study Assignment

Dr. Mozayeni

Assigned #:__________________________
Monopoly 221 U.S. 1, Standard Oil of New Jersey v. U.S. (1911)
1. Write a 100- word abstract of the case, including the date of the case.
The Standard Oil of New Jersey v. U.S. was a case that took place in 1911 and gave the Supreme Court gave its verdict on May 15, 1911. In this case, the Supreme Court of the United States found Standard Oil of New Jersey as being guilty of engaging in monopolistic and anticompetitive actions. These actions of the Standard Oil were as an attempt to monopolize the petroleum Continue reading...

Introduction

I agree that Standard Costing and Variance Analysis are vital and crucial for any kind of business. I will support this position by showing the importance of standard costing and variance analysis for businesses. In light of this statement, I will also show that standard costing and variance analysis are as important to small businesses as they are to large organizations. Variance analysis is the comparison of standard costs and actual costs hence it is important for any type of organization. This is because controlling costs helps in identifying ways in which costs can be controlled thus enhancing efficiency Continue reading...

Introduction . 3

Overview of Company. 5
Activity Based Costing 6
Standard Costing .. 9

Future Projects . 10

Summary and Conclusion 11
Reference .. 13
Introduction
It has always been the objective of the firm to encourage cost minimization as possible so as to enjoy the benefits of increased profitability which is the ultimate goal of many organizations. However, it is also prudent to note that these organizations would be required to make a choice of the most efficient costing methods to be adopted in the organizations business operations. Hence, the study shall undertake an in depth research so as to identify the various costing Continue reading...

Standard costing and variance analysis

The standard cost is the predetermined cost that is carefully and definition. The estimated cost of the production of a single unit or the cost of different service performance is done (Rajasekaran & Lalitha, 2011). This is the narrow definition of the standard cost. The broad meaning of the standard cost is the estimated production cost that is involved in the projects, operation production and the administrative purposes. The standard costing uses the techniques that standardize the cost and the revenues. This is in the purpose of controlling the cost factors and the determinant through the variance analysis.
It is Continue reading...

Book Review: Taking on the Trust and Outliers

Summary and Analysis
Central to the story of Taking on the Trust is the story of Ida Tarbell, a journalist who specialized in muckraking – a form of journalism that tackles the main issue directly by pointing out moral implications and subsequently instigating activism for reforms. The successful career of Tarbell in journalism has made her one of the most iconic American journalists during the early 20th century. One of the most famous controversies Tarbell has covered is the one involving Standard Oil Company (Weinberg).
Tarbell never regarded herself as a specialist in writing on business stories. Having no profound Continue reading...

Introduction

One of the most important part of protein assay is the determination of protein concentration. There are diverse methods used for protein concentration determination, but the most widely used are the spectroscopic methods of analysis or spectroscopy. Spectroscopy usually involves the determination between the correlations of the degree of interaction of light with the analyte, which is the proteins in this particular experiment. There are different types light to analyte interactions and one of these is the absorbance of light or electromagnetic radiation by the analyte. This type of spectrometry is called absorbance spectrometry.

Principle involved in absorbance spectrometry and spectrometers

The majority of substances absorb Continue reading...

International Accounting Standards

IAS 1 – Presentation of Financial Statements
Introduction to the IAS:
This is an international financial reporting standard which was adopted by the IASB(International Accounting Standards board).It refers to the skeleton and the way in which the financial statements are presented in order to reflect the proper view enabling analysis of information and decision making. The minimum requirements for the contents are well elaborated in this standard. This standards is therefore practically applicable to all financial statements based on the IFRSs (International Financial Reporting Standards).This standard was initially issued in the year 2007 by the International Accounting Continue reading...

Introduction

The Great depression was an intense worldwide economic depression preceding World War II. This was in the time period of 1930s. This remains to be the most horrible economic phenomenon of the 21st century made of separable but interrelated events. The depression began in USA after the stock market crash of 1929 following the fall in stock prices; Black Tuesday. The resultant was devastating result on all sectors of the economy with employment loss among the employed. The Depression brought about mixed reaction among economists, historians and the political class. The economists’ failure to understand the development of contemporary Continue reading...

Part A

The standard cost of a good or service is the pre-determined cost of a good or service depending on the various circumstances that surround the business. Standard costing is therefore is an accounting concept that helps to determine the standard cost of a good or service. The predetermined costs are compared to the actual costs and the difference makes the variances (Berger). The variances are analysed thoroughly to find out why they exist and also to find a way to mitigate the risks that come with it. Most companies, big or small, need the standard costing procedure due to Continue reading...

The gold standard is a monetary system which suggests pegging of economic unit of account with fixed mass of gold. For understanding the meaning of the gold standard a little digression in history is needed.

The United States switched to the gold standard in 1834 because of silver currency and bank notes crisis. The price for gold in the United States was set at $20.67 per ounce that year. The majority of the countries adhered to gold in the period called Classical Gold Standard from 1880 to 1914. This was the period of unprecedented economic growth and free trade Continue reading...

Introduction

How the use of standard costing is quite valuable in pricing and budgeting and how the standard costing installation is a desirable vehicle for accomplishing the objectives of a progressive management.
Standard costing technique is the most efficient means of establishing desirable results for a given company. This method uses all the efficient methods available to evaluate, analyze and interpret a given set of results. Setting prices for given products or goods in a given company is the most overwhelming step that a company can take. A standardized method that considers all the dynamics necessary for this can actually Continue reading...

Introduction:

Coke has become so popular that the drink is replacing healthy beverages in people’s diets around the world. (1, 2) Phosphoric acid is one of the ingredients in the colas that should only be consumed in moderation. The food industry calls the acid used to lower the pH of a food or beverage an acidulant. (3) Phosphoric acid is a food additive under the category of acidulant. (4) It adds “a pleasant tartness to the beverage.” (5) The food industry uses phosphoric acid a lot, “It is added to foods as a preservative, acidifying agent, flavor enhancer, Continue reading...

Biography: John Standard

There are a huge number of personalities who contributed a lot to humanity through their achievements. Unfortunately, many of them lost their names in the course of history. Some became prey to time, while others to prejudice. History is proof to the racial oppression meted to African Americans and so many prominent and key individuals lost their identity to racial bias and inadequate records. One such personality is the African-American inventor John Standard. He is known to have patented an improvement in the design of refrigerator and a gas stove design. This article is a biographical collection of all Continue reading...

Obscenity

The case of Miller v. California, 413 U.S. 15, 27 (1973) is the case where the Supreme Court has laid down a three-prong test called the “Miller Test” to determine if a work is obscene. The Miller Test is composed on the following questions: 1.) whether the average person who shall apply cotemporary community standard will find that the work when taken in its entirety appeals to the indecent interest; 2.) whether the work describes a sexual conduct that is patently offensive and violates a particular statute; and 3.) when the work when taken in the holistic approach is Continue reading...

Analysis of Culture Cell KU812F with Three Protocols

Abstract
Protein analysis for cancer cell research has been found to be extremely reliable. The culture cell KU812F (chronicle myeloid leukemia cell line) was used for this laboratory. Globin gene switching was observed by evaluating the gene expression in the cells. Gene expression and protein folding were provoked. Gene expression is the process of transcribing DNA to cDNA and then used qPCR to study gene expression. cDNA was translated into mRNA which in turn is translated into a protein. mRNA concentration was analyzed. The three protocols were Reverse Transcription Polymerase Chain Reaction (RT-PCR), Enzyme-Linked immune sorbent assay (ELISA), and Continue reading...

ITERNATIONAL MONETARY SYSTEMS

Abstract
The purpose of this paper was to study three main monetary systems: the Gold Standard, the Bretton Woods, and post-Bretton Woods. International monetary system is a set of methods, tools and intergovernmental bodies, with the help of which the mutual payment and settlement turnover function within the global economy.
There existed and succeeded each other three international monetary system. The first one, the Gold standard, was based on gold which was the main form of money. National currencies were pegged to gold, and the gold content of the currencies was correlated with each other at a fixed exchange Continue reading...

No man is an island. Although it may sound cliche in the modern society that people live in today, this quote bears a big importance in the formation of groups and society. Every individual is unique. Some come from different walks of life, while others are defined by their beliefs and values. There is also the difference brought about by the geographical location where everyone is born, as well as the various ways that individual is raised by their own families. Despite the differences, people became tied together and formed groups because of language. People of the past communicated Continue reading...

1. This case study outlines a meticulous, multifaceted process that Standard Life utilizes in order to find the best candidates for this incredibly competitive job. The human resources management strategy they are implementing in this process is highly selective and aims for the best of the best, knowing that highly qualified individuals will desire to work for them. While they do send out information to all universities to let everyone know about their job opportunities, they only send out HR staff to career fairs at 25 of the most well-regarded universities, showcasing their search for excellent. Next, they have Continue reading...

HIPAA Compliance

Health Insurance Portability and Accountability Act (HIPAA) was enacted by Congress in order to standardize and simplify healthcare administrative processes. The components of an overall compliance include implementing non-intimidating and easy reporting system, training users of information systems to recognize suspicious incidences, having hospital staff follows through with the investigations and report back findings to the user.According to Intronis (2013), the privacy of patients is a major topic of concern as the technology continues to evolve. Since the majority of patient’s informationis transferred in digital format, healthcare Information Technology (IT) realizes that they are exposed to some risks.
Continue reading...

Introduction

Concentration refers to the quantity of a given solute or analyte that is present in a given quantity of solution. Measuring the quantity of a solute in a solution requires the use of different techniques. One of these methods employs use of a standard whose concentration is known and an instrument to detect the solute. Standards refer to set of mixtures whose solute and solvent have been accurately weighed or measured to give the correct concentration. The absorbance of the standards can then be measured using a spectrophotometer. A graph indicating the relationship existing between the solute concentration of Continue reading...

Critical Study of Standard Costing and Variance Analysis

Standard costing is a method of developing cost standards of the whole or part of business activities so as to set particular cost estimates which can be later compared with the actual costs that have been used. The variations are then investigated and used to identify loop holes within the organization. The standard costs may then be changed periodically depending on current prevailing costs so as to reconcile them with actual costs. The main reason standard costing is used is to approximate the costs that will be used in a period so as to make it easier to draw Continue reading...

Rationale

The purpose of this essay is to reflect upon my experiences whilst undertaking the practicum. In the process of reflecting on my progress, I will demonstrate my new-found understanding for the national teaching standards whilst demonstrating how I have put a large number of them into practice. I will also briefly assess my ability to understand and utilise the teaching standards specifically created for the state of Arizona. My reasons for referring to these explicitly is because they are the standards by which a trainee teacher is expected to conduct Continue reading...

Introduction

The Australian Accounting Standards Board (AASB) creates standards regarding Accounting in Australia. These include Interpretations that are applied by entities that prepare financial statements mandated by Corporations Act 2001; by the governments when planning financial statements; as well as entities within private or public sectors either for-profit or not-for-profit ventures that are involved as reporting entities or that prepare all-purpose financial statements.
AASB integrate IFRSs1, as well as Interpretations, generated by the IASB2, with paragraph additions on the applicability of every Standard within the Australian setting, when appropriate. These Standards as well comprise obligations that are explicit to Australian Continue reading...

Fluorescence Analysis of Quinine in Tonic Water

1. Summary

Fluorescence Spectrometry like other spectrometry methods uses absorption to excite fluorescent species so that the difference between the excited-state molecules and the ground state can be measured and used to identify species and measure related concentrations. The instrument used for this experiment is a Cary Eclipse fluorescence spectroscope. The measurements were of the excitation wavelength and emission wavelength. The intensity of an unknown standard solution, the tonic water spiked with standard solution, was measured.

The measurement of the excitation wavelength for the Stock Standard 1 was 345 nm and the emission wavelength was 450 nm. The concentration Continue reading...

Introduction

The trade-off between risk and return is an always been a concerned for the analysts and researchers and the concepts related to the same are extremely effective and essential. Financial Management is one of the largest fields which have different dominating options embedded in it. Financial Management is a combination of two things that are managing and finance. It means that the management of the financial function is more than essential and effective for the sake of the organization (Elton, Gruber, Brown & Goetzmann, n.d.).
The concept of risk and return has number of aspects as well in which different Continue reading...

Purpose:

Being a finance enthusiast, I decided to go for recent closing prices of S& P 500 index from the period September 8th- September 19th. The reason for selecting the data was to unfold the financial numbers using the statistical techniques ranging from Histogram to Normal Distribution study. This particular project will also deepen my understanding of various statistical techniques.

Data:

The data related to closing price for multiple dates of S&P 500 is sourced from Yahoo Finance. Important to note, we will be using only the adjusted closing prices incorporating the effect of dividends and stock splits. Below is the Continue reading...

ISO 14001:2004

ISO 14000 is a family of standards that have been created for environmental management. Their main purpose is to define standards and requirements in order to help organizations reduce their operations, which may have negative effect on the environment. This standard notably includes ISO 14001, which represents a core set of standards to be used by organizations in designing and implementing an effective environmental management system. The current version is ISO 14001: 2004. This standard sets a criterion for environmental management system. It does not describe the requirements for environmental performances, but has developed a framework that a company Continue reading...

What are the conceptual motivations for NZIAS 38 ‘Intangible Assets’?

The NZIAS 38 ‘Intangible Assets’ came to be in the year 2004 when the Financial Reporting Standards Board of New Zealand issued it. Its baseline and concept of operation is to account for intangible assets during financial reporting. This followed the realization that some forms of assets could not be accounted for by other accounting standards, thus its establishment. This standard is motivated by the fact that intangible assets can be identified, controlled and consequently bring about economic benefits (Barry & Abbas, 2002). Identifying an intangible asset distinguishes it Continue reading...

Introducing the Scenario

Investment analysis is always been a challenge for the analysts, as it has a large trade-off related to return and risk. The management of investment is a topic which is high in demand from number of years, as it has the most important significance associated with it, which is yield. In the field of financial management, a yield is referred as an output or return which ultimately emerged as one of the essentials for the analyst or a researcher (Chandra, Comora & Cole, 2003).
There are two different kinds of investors are there, Active Investor and passive investor. An Active Continue reading...

The origin of whistle blowing can be adduced back to the provisions that are brought to book in common law. Common law referred to the laws that were enacted to protect affairs of people in medieval times. They were based on the common principles that guided the affairs of people. It is from this instance that whistle blowing was devised. As a common phenomenon, most employers were acting in a manner that can better be described as ultra vires in the exercise of their duties. In essence, whistle blowing was devised as the position that could act as a Continue reading...

Introduction

Ethics is a concept that permeates all aspects of life. Ethical theories provide guidance to a way of life for many people. Businesses and organizations are held to ethical standards for the activities in which they engage. There are many ethical theories that have been postulated by different scholars. The perspectives of these theories hold different premises. The choice of an ethical theory either for personal or professional life depends on ones views and moral predispositions. However, a proper ethical theory should have certain general characteristics that cut across the general board. This is the topic of this paper, Continue reading...

Questions to Answers

- What is the difference between Active and passive sampling?
Active sampling is different from passive sampling in that it employs an air sampling pump that serves to actively pull air and pass it through a collection device, for instance a filter. On the other hand, passive sampling does not need active air movement, like the one generated by a pump. Instead, vapors and airborne gases are collected through a physical process including permeating via a membrane or diffusion through a layer of static air.
- What is the difference between Instantaneous (real-time) and integrated (continuous) monitoring?
Instantaneous monitoring Continue reading...

Answer 1)

Referring to the calculations performed in Part 1, we found the following results related to each stock:
The above results indicate that Amgen Inc, offered highest average monthly return of 1.68%, followed by Raytheon Inc. with 1.60% and then the market index S&P 100 with the return of 1.09%. Our results go with the risk-return relationship as the stock with highest return, i.e. Amgen Inc. attracts maximum volatility. Here we have measured the stock volatility with standard deviation and as a core notion of the concept of portfolio management, high returns are followed with high risk and the concept Continue reading...

Version 14

Project Title: Relationship between Money and Time with Virtualization Technology
DA Class ID: (A full and accurate number is a must!)
The Specification:
This report details an evaluation of the impacts of virtualization technologies on resources and time of an organization. A virtualized environment differs from a standalone physical server environment in terms of application execution time and cost of support and implementation. A virtual environment for a stock trading will be developed. The virtual trading environment will be put to test using NASDAQ trading engine and results compared with standard servers. Application execution time and cost of implementation Continue reading...

Information security standard

Information security programs and policies are essential components of an organizations security. In formulation of these programs and policies certain relevant standards are used. A security program or policy determines the kind of standard to be used. For instance ITU-T and IEEE are bodies of standards that cover all fields in telecommunication and computer and electronic industry respectively. Fiba is a company that specializes in computer networking, storage and backup facilities and internet solutions. The company used the National Institute of Standards and Technology standards in formulation of its information security program and policy. Security of information systems for Continue reading...

INTRODUCTION

Internet is arguably the most vital and central infrastructure for the daily economic life of every citizen. Few technological enhancements hold as much potential to change the productivity, come up with jobs and enhance life quality of many internet users. With wireless services that are growing by the day, there is a need to have wireless networks. Wireless networks are becoming essential services for many people. With wireless networks comes security. Security is an important factor when connectivity is concerned. Important data is stored in devices that are connected. The whole is advancing to the transforming from the dial Continue reading...

Summary of text

In Eberle and Cuneo's "Religion and Political Theory," the authors seek to explore the role of religion in an increasingly liberal democratic, secular political world. At the same time, religion seems to be increasing in scope and influence in the political spectrum, with religious pluralism instead of strict atheism driving political decisions. The relationship between three distinct groups in the political world is explored - the standard view of politics, the liberal perspective, and the advocates of a philosophy known as New Traditionalism.

In the standard view of politics, religion drives many political decisions. According to political theorists, "religious Continue reading...

The gold standard is a fundamental concept of the great depression period. It is a moment for excellence in the definition of various economic elements. This period had many issues that required extensive measures and ability. There were massive economic pressures at the time that required exclusive sensitivity and concern. It was an outstanding moment to define the most reliable technique to deal with the economic problems. As a result, the gold standard was developed. This was a major move to ensure that the global economy was to find an exclusively significant or useful method to define change without Continue reading...

Abstract

Alternative dispute resolution has been hailed by many people for the crucial role it plays in finding solutions to disputes outside the courtroom. By definition, arbitration is an alternative dispute resolution technique that takes place out of the legal courts. In this kind of dispute resolution, a third party reviews the facts and evidence of two parties and imposes a legally binding decision. The fact that the parties to a dispute have total control over the process makes it more admirable as compared to the judicial process. The parties have the ability to make their own schedules and choose Continue reading...

Introduction

According to medical studies, caffeine a stimulant drug contained in coffee, affects the heart rate of a human being. A state-of-the-art medical facility, Premiere Hospital wants to determine whether or not to serve caffeinated beverages to their patients in waiting rooms; the hospital would like to establish whether a relationship exists between coffee and the human heart rate. The hospital tested a sample of fifteen patients to whom they had served coffee, and obtained data. Each patient’s heart rate was recorded before and after taking a caffeinated beverage. This analysis seeks to establish whether there is a significant Continue reading...