Essays on Standard

- Introduction

1.1 Background developments

Traditionally, accounting standards have been developed by different countries on the basis of local legal, economical and cultural institutions frameworks (Elliott and Elliott, 2009, p. 158). As a result, the standard setting was very country specific. With the globalization process at work for the last 3-4 decades and increasing mobility of capital internationally accepted accounting standards have become necessary to facilitate cross border transactions and make financial reporting comparable between countries and companies thereby leading to a greater transparency for investors (Nobes, 2004). IASB has been set up as a private international standard setter with a mandate to create high quality accounting standards ...

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 ...

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 ...

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 ...

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 ...

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 experience ...

The institute of electrical and electronics engineers (IEEE) is a professional organization with its headquarters in New York City. It has chapters all over the world with a membership of over 400, 000 individuals. The constitution of the organization describes its role as scientific and educational directed at the advancement of theory and practice of electronics, electrical, communications, computer science, and computer engineering. It is a leading standards development organization with standards in varied disciplines such as electric power and energy, biomedical technology and healthcare, information technology and information assurance. We are interested in the organization as a standard development organization in the ...

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 ...

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 ...

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 ...

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 various reasons. Standard ...

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 in the ...

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 calculate and stipulate on a fair ...

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, and clarifying agent.” (6) An ...

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 that is known about ...

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 inadequate of literary, artistic, ...

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 ...

Exam #1

- What are the two types of statistics? (5pts.)

The two types of statistics are descriptive and inferential. In descriptive statistics, the data of a population is summarized graphically or numerically through derivation of statistics related to central tendency and dispersion around the same. The shape and nature of distribution is also used in descriptive statistics. In inferential statistics, the parameters of a population are inferred according to sample statistics. This involves the estimation of statistics of a group allowing for approximation of information data relating to the entire population. In this type of statistics, modeling are used to generate mathematical ...

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 ...

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 through ...

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 to ...

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. ...

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 the standards and their absorbance can ...

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 a budget. The ...

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 themselves and their practice, and in reflecting upon my experiences, I ...

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 ...

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 of ...

This study provides a critical analysis on the changing notion of comfort standards in building systems through a critique of Cole, Robinson, Brown and O’Shea’s (2008) “Re-Contextualizing the Notion of Comfort”. Diverse climate conditions across several locations around the world highly characterize standards of comfort met through the construction of residential and commercial buildings, thus the understanding that people derive comfort based on the normal weather conditions in their respective locales. Various standards for buildings –where people use spaces for habitation or work, ensure comfortable living in accordance to distinct climate conditions. Climate change, in this case, ...

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 techniques ...

Executive Summary

The objective was to compare effects of GnRH antagonist and standard long protocol agonist on number, and the quality of Metaphase II oocytes, and on reducing risk of hyperstimulation, in patients who are affected by Polycystic ovarian syndrome. Polycystic ovarian syndrome is a common endocrinopathy of the women who are in reproductive age, which is a first cause of the anovulation. GnRH agonists are used in the IVF to avoid premature LH surge before the retrieval of oocyte. Research findings from this study can be significant to various Centers for Reproductive Medicine, and also to all the institutions that practice ART. ...

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 snapshot ...

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 or organization can follow in ...

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 from goodwill while its control requires that the entity doing it ...

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 Investor is an investor ...

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 guide and a means ...

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, tempered by a review ...

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 refers to the ...

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 ...

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 ...

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 an ...

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 up ...

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 reasons ...

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 causing more trouble. ...

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 the arbitrators. For a ...

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 relationship between coffee and the heart ...

Definition of terms

Locality Rule- This is the law used to measure health care providers and their omissions or actions on the threshold of how other similar professional in the field practicing in the same community act under the same circumstance of the case. Standard of Care- This is the average degree of care, diligence and skill practiced by members of the in same profession, who are in the same locality in accordance with the current or modern state of medical and surgical science.

Medical customs-Procedures and methods used by physicians that are acknowledged and acceptable by members of the medical profession

Introduction The cardinal objective of health care laws is to safeguard patients from substandard medical treatment ...

Gulf Real Estate Properties

Introduction: The following is a discussion of the various characteristics of Gulf View condominiums (GVC) and non- Gulf View condominiums (Non-GVC). Various descriptive statistics including the mean and standard deviation are explored. An analysis of differences using two-sample t test is undertaken to determine differences in selling prices and days to sell. The confidence intervals are determined and the sample size required to achieve desired margin of errors is determined. GVC refers to Gulf View condominiums while non-GVC refers to non-Gulf View condominiums.

Gulf Real Estate Properties characteristics:

Descriptive statistics for GVC indicate that the mean list price is 474, the mean sale price ...

Abstract

This experiment sort to find an accurate and most viable method that would be used in laboratories to the measurement of iron concentration in aqueous samples. The methodologies that were identified for further analysis included; colorimetric assay (molecular spectroscopy), flame atomic absorption spectroscopy, redox titration (volumetric) and cation exchange chromatography (EMA technique). These methods were analyzed of their advantages and later subjected to a validation test. In the process, a wide range of CRMs were used alongside six other samples that contained unknown iron concentration.

The experiment was thus, geared towards providing answers to statements like; the necessity of quantification of ...

Analysis of Unknown using Standard Solutions and HPLC

Part 1.

The data for the construction of the standard curve for caffeine and benzoic acid are presented below.

The graphing of the Caffeine Standard Curve (figure 1) demonstrates an R2 of 0.9898 so this is standard curve is satisfactory for our experiment since 0.9898 approaches 1 closely.

The graphing of the Benzoic Acid Standard Curve shows a better fit as R2 = 0.9989. Each sample measuerment lies on the standard curve.

Part 2.

5 ml of warm Mello Yello was left to sit until the carbonation had released CO2 into the air (outgassing the cola). Then 2 ml of the outgassed cola ...

Introduction

The art and architecture pieces selected for comparison are Ruscha's "Standard Station" and "Randy's Ballroom" by Joe de la Cruz, a local artist. Edward Ruscha is known to create vibrant signature styles by mixing words, images, objects, and he has been associated with Pop art in the 1960s and Conceptual art in the 1970s. The gasoline station remains one of the most iconic images from the artist. Joe de la Cruz, a local artist, is inspired by the series of screen prints and roadside markers that inform drivers of gas stations, eating joints and any other information. The Standard Station sign ...

Standard Based Assessment

Standard based assessment is one of the new trends of modern education where students’ performance is assessed based on the preset standards rather than assessing student performance with that of other students. Standard based assessment is part of the standard based assessment movement which advocates for the establishment and adoption of this form of assessment. The movement also advocates for linking assessment with the curriculum and it also incorporates other forms of assessment. The standard based assessment pushes for a standard based education where each student’s performance is constantly monitored and evaluated to come up with various ways ...

IFRS 9 and IAS 39

Introduction Laws and Regulations prevail in almost every field, and it is very important for the organizations to comply with these regulations and standards for their competitiveness and sustainability. Apart from the traditional regulations of managing and maintaining a company, there are certain regulations that specifically associated with the financial management. Entities are required to manage their financial transactions according to the prescribed methods and techniques covered and initiated by International Financial Reporting Standards (IFRS) (Iasplus.com, p.45). IFRS are designed specifically to serve as a common global language for all the business affairs. Generally, it is used to compare and ...

Analysis of a Negligent Tort

Introduction On December 13, 2014, the US Consumer Product Safety Commission (CPSC) posted information concerning a recall for UVEX bicycle helmets. According to the CPSC, the helmets, under the recall number 15-045, have been recalled by their German manufacturer UVEX Sports GmbH due to a risk of head injury. More specifically, the reason for the recall states that there is a problem with the helmets chinstrap which is used to secure the helmet to a riders head. The chinstrap can fail allowing the helmet to slip or fall off the rider’s head. The potential risks of this are that it may ...

Economics 15: Research paper

Markets – late 19th Century/early 20th Century Monopoly, Oligopoly and Trusts The late 19th - early 20th century was the time of rapid development of American industry. In 1895, the majority of industries were competitive with no dominating companies. As a result of intense competition, many weak and small companies “disappeared”. Large and successful capitalistic associations based primarily on a system of participation got the name of trusts and corporations. One after another, the industries occurred in the hands of small groups of entrepreneurs, who used any methods to achieve complete control over these sectors of the economy. By 1904, ...

Executive Summary

The probability function is also in the favor of the company, and found that the chance of earning high is effective and powerful as far as the effectiveness of the company are concerned. The company should go forward with the same aspect in order to grow its market substantially and effectively in different regions.

Introduction

Decision making is an important activity for an organization, and it is equally beneficial for the long term sustainability of an entity in a particular industry (Allayannis and Brown, 2005). The value of decision making can be analyzed with the fact that the whole effectiveness of ...

This was an economic downturn began in 1929 and continued until about 1939. The depression was the most severe ever experienced by the developed Western world. Though the Depression started in the United States, it gave rise to drastic declines in output, acute deflation and severe unemployment in almost every country of the world.

Introduction

In the U.S, the Great Depression started in 1929. The downturn became evidently worse in late 1929 until early 1933. Actual prices and output fell precipitously. Between the trough as well as the peak of the downturn, real GDP in the United States fell 30 ...

Q1. (a) What is the difference between descriptive statistics and inferential statistics?

Descriptive statistics refers to statistical procedures that are used to analytically describe a population that is being studied. The data used for such purpose might be obtained from a sample of the intended population. Organization and description of the data is based on the results obtained during the study. Inferential statistics is the process production of inferences or predictions about a population based on observations and analysis of the sample being investigated. The sample results generated are then generalized to account for the whole population from the sample was obtained. (b) Provide an example for each.

Descriptive statistics- Research on how age affects productivity in individuals

Inferential statistics- Research to test ...

English is a standard language used for communication between air traffic controllers and pilots of international flights. There are two forms of using English language, Standard phraseology and plain language. Standard phraseology employs standard structure, terminology and pronunciation to promote efficiency and accuracy. On occasions when the standard phraseology is not efficient, plain language is used to deliver vital information. Communication error has been cited has the biggest causal factor in both level bursts and runway incursions into Europe. This replicated in other parts of the world where aviation accident statistics have been documented. In a bid to standardize communication ...

B.ENG 3 (HONS) FT CIVIL ENG.

2012/2013

1. ABSTRACT This investigation is an approach to methods of solving problems in a standard form of contract called JCT. In the following work the JCT methods as Litigation, Negotiation, Arbitration, Adjudication and Mediation will be properly, defined, clarified and explained, subsequently the use of a questioner will be analyzed and discussed. This subject was chosen since nowadays with all the laws and clauses in contracts, disagreements happen often between parties in the construction business and in order to solve it through the right method, JCT can save both parties time and a reduction of ...

Lab Memo: Cyclic Voltammetry: Identification and Quantification of Unknown Concentrations of Substituted Benzoquinones

1.Introduction

Cyclic Voltammetry (CV) measures the redox behavior of electeroactive species and is useful for a whole spectrum of molecules in inorganic chemistry, biochemistry, electrochemisty as well as organic chemistry. A voltammogram is the readout of the energy scan which can be used to determine unknown concentrations. Voltammogram wave shape is very different than in spectrometry and chromatography. The wave is triangular in shape because the y-axis describes the shift in the potential which is the voltage of a working electrode versus a reference electrode. The x axis describes duration in seconds. (Kissinger and Heineman).

Two samples each with an unknown concentration of benzoquinones were analyzed with the instrument, BASi Epsilon-EC.

2. Qualitative Determination of Unknown Samples ...