Discussion and participation week 4 Essay Example | Topics and Well Written Essays - 750 words

Discussion and participation week 4 - Essay Example ontingencies Gain is Probable Gain is Reasonably Possible Gain is Remote Disclose in notes only Disclose in notes only Nothing (Ecfa, 2011). Ecfa.org (2011). Accounting for Contingencies. Retrieved September 1, 2011 from http://www.ecfa.org/Content/Accounting-for-Contingencies Weygandt, J., Kieso, D., Kimmel, P. (2002). Accounting Principles (6th ed.). New York: John Wiley & Sons. 2. Gain contingencies are not recognized in the income statement, but loss contingencies may be based on the circumstances. â€Å"Loss contingencies may be recorded in the financial statements after evaluation to determine if inclusion is required† (Ecfa, 2011). The probability of occurrence is the determining factor that must be evaluated to determine the proper accounting treatment. The three options are probable, reasonable possible, and remote. Each of the options has different accounting treatment based on losses or gains. The table below shows all the possibilities. Loss Contingencies    Loss is Probable Loss is Reasonably Possible Loss is Remote Amount of Loss can be estimated Record liability and disclose in notes Disclose in notes only Nothing Range of Loss can be estimated Record low end of range as liability and disclose in notes Disclose in notes only Nothing Loss can NOT be estimated Disclose in notes only Disclose in notes only Nothing Gain Contingencies Gain is Probable Gain is Reasonably Possible Gain is Remote Disclose in notes only Disclose in notes only Nothing (Ecfa, 2011). Ecfa.org (2011). Accounting for Contingencies. Retrieved September 1, 2011 from http://www.ecfa.org/Content/Accounting-for-Contingencies 3. A hedge can be defined as protecting a long position in one asset while being short in another in order to reduce overall risk (Tewales & Bradley & Tewales, 1992). If the fair value of the asset changes the investor can minimize his losses based on the use of a hedge. A hedge is a complex investment instrument that should be used only by expert and institutionalized investors. I would not recommend a novice investor in the stock market to invest in hedges. Teweles, R., Bradley, E., Teweles, T. (1992). The Stock Market (6th ed.). New York: John Wiley & Sons. 4. The four types of contingencies mentioned in your answer are right on target. I only came up with liabilities as a potential contingency out of the top of my head. None of the contingencies you mentioned are ever included in the income statement when they are gain contingencies. If the gain contingency is probable or reasonably possible they are disclosed as a note to the financial statements. The existence of a gain contingency is a factor that can positively influenced the price of common stocks of public corporations. 5. Early extinguishment of debt typically results in either a gain or loss. In the income statement gains or loss resulting from early extinguishment of debt are included as other income. â€Å"

Selections from the Christian Gospels Essay Example | Topics and Well Written Essays - 1000 words

Selections from the Christian Gospels - Essay Example Jesus Christ conveyed the opinion that in as much as most of our activities as Christians and believers are on earth, we should focus on the relationship between us and our Father in heaven, for that will ensure that most of our efforts are not taken for granted here on earth due to the continuous destructions. In the book of John: 8, Jesus Christ informed Christians and believers of the importance of living by his teachings. This is because he was the way of light and ignoring him would result in confusion and darkness. Jesus emphasized on the need to have respect for the word, which is referred to as logos in the beginning of the book of John. Jesus advised that the word should be respected, because it existed before, and comes directly from the heart of God. In assembling his disciples and sharing the last supper with them, Jesus Christ was demonstrating to them that they should be committed to one another, and to their course, as some of them may contemplate giving up in the cour se of the journey. The crucifixion and resurrection of Jesus Christ, which is highlighted in the Gospel books show that it is important for Christians to have strong faith in God, for he is the protector and does not let the suffering of his people be in vain. Faith is one of the most vital elements of Christianity. Faith is quite powerful for the reason that it brings Christians together and connects them with God. The faith Christians have in God is the only thing that holds them steady and keeps them safe from the storms of life.

How did the Industrial Revolution change and redefine the world Research Paper

How did the Industrial Revolution change and redefine the world - Research Paper Example The changes caused to the world as a result of industrial revolution are presented in this paper using appropriate literature. It is proved that the effects of industrial revolution have been significantly more than the planners of this movement had imagined. Such implication can be characterized as expected since the culture, the social ethics and the political frameworks of states internationally are often highly differentiated. The power of industrial revolution to change and redefine the world cannot be doubted. At a first level, industrial revolution has been related just to the economy and technology; this trend is reflected in the following definition: ‘industrial revolution is the process by which the society acquired control over vast resources of inanimate energy’.1 The above definition is based on the view that industrial revolution is mostly related to the economy, a view that is critically opposed by most theorists and academic researchers. Of course, in its early phases industrial revolution has been related to the use of sources of energy not used in production previously, at least not massively: ‘coal, oil and electricity’.2 In regard to the society, the industrial revolution led to the development of new social classes: ‘industrial workers, i.e. the non-specialized staff of industrial units, and scientific professionals, such as engineers and technicians’.3 In other words, the industrial revolution can be considered as responsible for the introduction of inequality in the workplace. Since workers of different educational background have become necessary, different terms of employment have not been avoided. Indeed, the inequalities related to a series of employment issues, such as the level of compensation, the access to high levels of the organizational hierarchy and the level of performance – based awards, have become quite common in firms of all industries.4 The expansion of this phenomenon has re sulted to important social inequalities: since not all individuals have been fairly compensated for their work their potentials to secure their financial status are different.5 Professionals and highly specialized workers can reach a quite high level of income, a fact that gives them the opportunity to establish a style of life quite different from that of non-specialized workers. In other words, the inequalities in the workplace, as a result of industrial revolution, have resulted to inequalities in society. The oppositions of people to the above inequalities have been quite strong. The appearance of social movements for the protection of the rights of the weaker members of the society has been related to the industrial revolution. The movements focusing on ‘the rights of women’s and of minorities’6 have resulted in order to lessen inequalities both in work and in social life, as these two aspects of human life have been affected by industrial revolution. The hi gh involvement of industrial revolution in social life is made clear through the study of Mokyr (1985). The above researcher focuses on the effects of industrial revolution on social life and economy of Britain. It is noted that in the particular country industrial revolution has led to the transformation of the economy and the society: a) initially, industrial revolu

Domestic Violence Essay Example | Topics and Well Written Essays - 2250 words

Domestic Violence - Essay Example Ironically, one in six women who experience abuse report that they were abused when they were pregnant. Pregnancy is believed to be â€Å"a common trigger of domestic violence† (BabyCenter, 2012). According to Gazmararian et al (2000), violence from an abusive partner during pregnancy is more common than pregnancy-induced hypertension, placenta previa, and gestational diabetes. The number of pregnant women subject to violence in the United States ranges from 156, 000 to 332, 000 annually (Gazmararian et al, 2000). Up to one fifth of deaths related to pregnancy have been found to result from murder (Horon & Cheng, 2001). Violence during pregnancy is a form of Intimate Partner Violence or IBV. The latter has been defined as either physical or sexual violence or violence threat, as well as emotional abuse (psychological abuse) or coercive behaviour when the physical or sexual behaviour between partners has already taken place (Bloom, Bullock, Sharps, Laughon, and Parker, 2010). I t has been observed that intimate partner violence consists of coercive and assaulting behaviours demonstrated by that partner who wants to control the other. In particular, these behaviours include inflicting physical injuries, abusing the partner emotionally and sexually, intimidation, isolation, stalking, deprivation, and threats (Family Violence Prevention Fund, 2004 in Bloom, Bullock, Sharps, Laughon, and Parker, 2010). Health consequences of violence during pregnancy affect both mothers and children (foetuses). One of the most dramatic outcomes is miscarriage. Miscarriages take away lives of mothers together with foetuses or just foetuses. Statistically, direct assaults increase the probability of lethal... This paper stresses that physical reactions in children that stem from constant stress include headaches, rashes, asthma, constipation, developmental delays, ulcers, problems of hearing and speech, and pain in the abdomen. Babies have been found to have attachment problems, while preschoolers are especially subject to worry, sleeping problems, and nightmares. Adolescents who grew up in abusive environments demonstrate increased violence. Their behavior gets aggressive and disruptive; girls become withdrawn, anxious, passive, and clinging. Children may also have impaired concentration and often demonstrate poorer academic skills. According to recent research, those children who grew in abusive homes are more likely to become alcoholics, drug abusers, and smokers. Besides, they are more prone to such diseases as skeletal fractures, ischemic heart disease, and cancer in adulthood. In terms of mental health, such children are likely to grow into adults subject to depression, with low-est eem, and anxiety disorders. This report mmakes a conclusion that nurses need to get actively involved into solving problems related to domestic violence both through prevention, treatment, and psychological support of victims. It is important to develop an adequate knowledge base of various aspects of domestic violence. Importantly, nurses should be able to proficiently identify and assess victims’ physical and mental conditions, and intervene through support, information sharing, and treatment.

Women Of Color Essay Example | Topics and Well Written Essays - 2500 words

Women Of Color - Essay Example No sacrifice was complete without women participating in it. They enjoyed rights equal to men, with full liberty to receive education and prepare themselves in their own manner, to face the arduous battle of life. They had full voice in the settlement of matrimonial relations. Many nations affirm the principle of gender equality. As women continue to advance in most walks of life, the impression that equality has been reached and that gender issues no longer pose real problems has naturally gained ground. Yet, many cultural, economic and social barriers remain. Although as many women as men possess the skills necessary to shape social and economic development, women are still prevented from fully participating in decision-making processes. Today the role of men and women in our society is both collaborative and supplementary. During the last five decades women have entered in increasing numbers into salaried and remunerative occupations as well as professions, which were previously the exclusive preserve of men. Today the difference that while women in former days worked along with men in the fields, now they work in factories or offices. The myth of male superiority is only a distortion that came in the wake of growing male domination. It is a paradox th at there should be an increase in crimes against women, especially in the face of spectacular strides being made by them in various walks of life. Emancipation of women has occupied an important place in the scheme for social reforms undertaken in developing countries of Asia and Africa, in the later half on the 19th century. Violence against women remains pervasive worldwide a major health and human rights concern. Women can experience physical or mental abuse throughout their lifecycle, in infancy, childhood and/or adolescence, or during adulthood or older age. It is the most atrocious manifestation of the systemic discrimination and inequality women continue to face, in law and in their everyday lives, around the world. It occurs in every region, country, and culture, regardless of income, class, race or ethnicity. Violence against women in developing countries have becoming mere frequent and is alarmingly on the increase. Today in almost every stratum of our social life, women are treated as inferior creatures. Almost all countries go about shouting about constitutional equality between man and women, but have yet to go long way before women find an equally safe and honorable place in society. The newspaper daily read and hears about ladies living in busy localities being murdered in broad daylight. It is so because they have some yellow metal on them. Rape is not the only motive force behind the crimes against women. A woman, by her very constitution, is vulnerable. In poor countries Young girls are deceived on promises of a decent job or marriage. Once a girl has fallen, she is blackmailed into a life of vice. To get a feel of the widespread evil of crime against women, only requirement is to know the experiences of working girls from the moment they leave their home up to the time of their return. At all times they are

Establish relationships with customers Essay Example | Topics and Well Written Essays - 250 words

Establish relationships with customers - Essay Example Accordingly, a "satisfied customer" is not enough to create customer loyalty because customer loyalty is established not only through meeting basic needs, but in delighting the customers so that they will continue to patronize and repeatedly purchase the products or services of organizations. Further, all organizations aim to satisfy their customers but only a few establish customer loyalty due to the added value provided. Products that generate a lot of customer loyalty are Coke, Johnson and Johnson, Procter and Gamble, Nestle, Colgate-Palmolive, to name a few. These products exemplify giving their customers more value for the products patronized in terms of extending care, addressing inquiries immediately, ensuring high quality of products for the price paid, and making them instrumental part of the customers’ daily lives. Microsoft could be deemed as an organization that earned customer loyalty due to the exemplary quality of products offered to the consumers. A lot of its products have been replicated by other computer organizations but their mission and genuine commitment to help people and business organizations through sharing the products that they offer are commendable and consistent with the ideals for social responsibility; as well as conformity to ethical and moral

Women Of Color Essay Example | Topics and Well Written Essays - 2500 words

Women Of Color - Essay Example No sacrifice was complete without women participating in it. They enjoyed rights equal to men, with full liberty to receive education and prepare themselves in their own manner, to face the arduous battle of life. They had full voice in the settlement of matrimonial relations. Many nations affirm the principle of gender equality. As women continue to advance in most walks of life, the impression that equality has been reached and that gender issues no longer pose real problems has naturally gained ground. Yet, many cultural, economic and social barriers remain. Although as many women as men possess the skills necessary to shape social and economic development, women are still prevented from fully participating in decision-making processes. Today the role of men and women in our society is both collaborative and supplementary. During the last five decades women have entered in increasing numbers into salaried and remunerative occupations as well as professions, which were previously the exclusive preserve of men. Today the difference that while women in former days worked along with men in the fields, now they work in factories or offices. The myth of male superiority is only a distortion that came in the wake of growing male domination. It is a paradox th at there should be an increase in crimes against women, especially in the face of spectacular strides being made by them in various walks of life. Emancipation of women has occupied an important place in the scheme for social reforms undertaken in developing countries of Asia and Africa, in the later half on the 19th century. Violence against women remains pervasive worldwide a major health and human rights concern. Women can experience physical or mental abuse throughout their lifecycle, in infancy, childhood and/or adolescence, or during adulthood or older age. It is the most atrocious manifestation of the systemic discrimination and inequality women continue to face, in law and in their everyday lives, around the world. It occurs in every region, country, and culture, regardless of income, class, race or ethnicity. Violence against women in developing countries have becoming mere frequent and is alarmingly on the increase. Today in almost every stratum of our social life, women are treated as inferior creatures. Almost all countries go about shouting about constitutional equality between man and women, but have yet to go long way before women find an equally safe and honorable place in society. The newspaper daily read and hears about ladies living in busy localities being murdered in broad daylight. It is so because they have some yellow metal on them. Rape is not the only motive force behind the crimes against women. A woman, by her very constitution, is vulnerable. In poor countries Young girls are deceived on promises of a decent job or marriage. Once a girl has fallen, she is blackmailed into a life of vice. To get a feel of the widespread evil of crime against women, only requirement is to know the experiences of working girls from the moment they leave their home up to the time of their return. At all times they are