Revison of paper Essay Example | Topics and Well Written Essays - 1250 words

Revison of paper - Essay Example ormational Leadership in the Public Sector: Does Structure Matter,† discusses whether or not transformational leadership has a place in the public sector. C.R. Emery and K.J. Barker focus their study on the nature of job satisfaction and employee attitude in relation to the different leadership styles in the 2007 article â€Å"The Effect Of Transactional And Transformational Leadership Styles On The Organizational Commitment And Job Satisfaction Of Customer Contact Personnel.† Finally, â€Å"An Empirical Study of Leader Ethical Values, Transformational and Transactional Leadership, And Follower Attitudes toward Corporate Social Responsibility,† by K.S. Groves and M.A. LaRocca (2011), offers another perspective on the outcomes of the different leadership styles. Transactional leadership has a simple goal; maintain the status quo and overseeing the normal flow of the tasks at hand. They often use incentives or a reward system as a means to motivate their staff to work to the best of their abilities. However, transformational leadership is rather different. This sort of leader does not rely simply on hand and mouth incentives to accomplish day-to-day tasks; they inspire, encourage, and motivate their staff by altering their perspectives and assumptions about their job and importance. While transactional leadership may spawn acceptable results, transformational leadership can have a more profound long term effect on the behaviours and attitudes of the employees (Wright & Pandey, 2010). For example, transactional leaders gain company loyalty and dedication with rewards, but what happens when those rewards stop; this will also end the positive behaviours and attitudes of the staff. Those led by a transformational leader will maintain that needed loyalty based on principle and not upon rewards. Wright and Pandey’s primary question focused upon whether are not there is a presence or place in the public sector for transformational leadership? This is relevant,

Piggy Essay Example for Free

Piggy Essay Piggy was the most technical and constructional boy in his group. Piggy represented technology, which must be built upon the basis of order of civilization. Under Ralph’s unstable rule, Piggy’s words were not listened. Because things that directly affect their daily life, such as safe food and concern of monster, were more important than hopes to be rescued, people overlooked Piggy’s opinions. Under barbarian society, technology was never used for its adequate purpose. When power takes over order, Piggy was abused frequently, for he was not an important source of dictator’s interest. Piggy frequently argued about Jack’s decisions, and, someday, Piggy would harm dictator’s position, with his practical methods to be rescued. First of all, Piggy had many useful items and smart idea to use them wisely for everyone. His glasses were the only method to make signal to outside of the island. He guaranteed warm, safe night and food as well. While superstitious rumor were merged from each boy, Piggy suggested another signal on the beach. By his death, he remembered his initial goal, to be rescued, while other boys were fallen in the lawless human nature. His actions were not only for himself, but also for everyone. As being a vestige of lost human civilization, he tried to remind boys the hope of being rescued, and to be organized. However, Piggy’s opinions were not convincing to uncivilized boys, who wanted plans that can make improvements in their lives immediately, but not a preparation that would gradually lead them toward better outcome. Second of all, Piggy had no leadership, because he was physically not appealing, and was not clever enough to send his messages explicitly. He had no interest in playing with other boys, so he did not have any friend, who could support his opinion. He spoke out his opinion regardless of others’ when something does not work in his mind. Most of conversations Piggy had were scolding others, like adult disciplining children. Having anything that would return other boy’s minds, Piggy became an irritant to other boys. Later, he was disregarded by other boys. Therefore, as he was disregarded, his saying also had only a little power. If only he showed his politeness and diligence like an adult, boys would have relied on Piggy. Last of all, Piggy developed plots by making a new topic in the group. He was a strong supporter of Ralph; accordingly he deepened the conflict between barbarism and civilization. He suggested practical and reasonable opinions that deserve to be praised in the civilized society. However, he was deserted and ignored by barbarism. In the correspondence with the theme, Piggy amplified the bad aspect of barbarism. Every boy was adapted in civilized world, but possessed savage instinct as well. Piggy did the job of the symbol of vestige of civilization after barbarism overwhelmed civilization. Golding advanced the theme with Piggy, by showing reckless behavior of boys, pretending to be civilized, but illustrating barbarism. Piggy was outstanding in thinking, but poor in eloquence. He deserves to be praised that Piggy did not care of other’s ungrounded blames, so he suggested his proper opinions. However, it is definitely wrong that Piggy didn’t consider other’s mind. However, Golding used Piggy in a sense that how people these days in a civilization may not care for others’ feelings and be selfish, but smart and effective in other way.

Langston Hughess poem Theme for English B :: English Literature

Langston Hughes's poem Theme for English B is a complicated piece, which is able to stimulate the mind of any person that gives it a chance. Langston Hughes's poem Theme for English B is a complicated piece, which is able to stimulate the mind of any person that gives it a chance. This poem touches on the ever present topics of racism, commonality and differences, with insights on how people are so frequent to prejudge others without even knowing their name. Racism is still present today, even most who would not consider themselves raciest have used some sort of raciest remark or gesture. Racism does not only affect a person with more or less melanin, but also those of a different creed or religion. Many people use everyday slang which contains some sort of derogatory meaning. With the ongoing effort of individuals as well as organizations most hope that our home, our planet, will progress into the all accepting society that is has the potential to become. This poem has made me contemplate all that our country is, and the right to a fair and equal life that we all deserve. With the giant steps we have taken over the past century, I know that we are on the right track. People must realize that we are all the same, except for the melanin concentration in our skin. In fact it has been recently proven through DNA science that a person of African decent in America is more closely related to a Caucasian in America then another African-American. I found this to be amazing and proof of just how close we all our. I am as well as everyone that I know, are guilty of making prejudgments on people without even knowing a thing about them. Whether it is the clothes one wears or the parlance they use, all of use have thought a certain way about a person just from that first impression. This is not a just an American characteristic, in fact in England one could be thought of as smarter and even better looking if

Generally Accepted Accounting Principles and Balance Sheet

F? 151. Assets become liabilities when they expire. F152. Revenue results from collection of accounts receivable. F153. A company’s fiscal year must correspond to the calendar year. T154. Accounting periods should be of equal length to facilitate comparison between periods. T155. When there is no direct connection between revenues and costs, the costs are systematically allocated among the periods benefitted. T156. Applying accrual accounting results in a more accurate measurement of profit for the period than does the cash basis of accounting. F157. Adjusting entries affect cash flows in the current period.T158. Revenue cannot be recognized unless delivery of goods has occurred or services have been rendered. F159. Accrual accounting recognizes revenues and expenses at the point that cash changes hands. F160. A deferral is the recognition of an expense that has arisen but has not yet been recorded. T161. Adjusting entries are useful in apportioning costs among two or more acc ounting periods. T162. An adjusting entry includes at least one balance sheet account and at least one income statement account. T163. Recording incurred but unpaid expenses is an example of an accrual. F164.If all transactions were originally recorded in conformity with GAAP, there would be no need for adjusting entries at the end of the period. T165. Every adjusting entry must change both an income statement account and a balance sheet account. F166. When the reduction in prepaid expenses is not properly recorded, this causes the asset accounts and expense accounts to be understated. T167. Accumulated depreciation may be referred to as a contra-asset account. T168. The adjustment to record depreciation of property and equipment consists of a debit to depreciation expense and credit to accumulated depreciation.T169. When services are not paid for until they have been performed, the accrued expense is recorded by an adjusting entry at the end of the accounting period. T170. The amou nt of accrued revenues is recorded by debiting an asset account and crediting an income account. F171. Acquiring a computer for cash is just exchanging one asset for another and will not result in an expense even in future periods. F172. A decrease in an expense account is the equivalent of a decrease in owner’s equity. F173. Accrued revenue is a term used to describe revenue that has been received but not yet earned. T174.Book value is the original cost of a building less depreciation for the year. F175. The adjusting entry to allocate part of a cost of a one-year fire insurance policy to expense will cause total assets to increase. T176. The adjusting entry to recognize earned commission revenues, not previously recorded or billed will cause total assets to increase. F177. The adjusting entry to recognize an expense which is unrecorded and unpaid will cause total assets to increase. T178. The adjusting entry to recognize earned revenues which was received in advance will ca use total liabilities to decrease.F179. The maximum period covered by a worksheet is 6 months. T180. Withdrawals is recorded in the Balance Sheet debit column of the worksheet. F181. The Owner’s capital account is shown in the Income Statement credit column in the worksheet. F182. The Owner’s withdrawal account will not appear on an adjusted trial balance on the worksheet. F183. Accumulated depreciation appears on the income statement. T184. The worksheet is used to pull together up-to-date account balances needed to prepare the financial statements. F185.Financial statements are prepared from the adjusted trial balance of the worksheet. F186. Because adjusting entries are recorded on a worksheet, they do not need to be journalized or posted. T187. A loss occurs when there are more expenses than revenue. T188. If revenue and expenses were equal for an accounting period, the result would be neither profit nor loss. T189. The worksheet is not presented with the financial statements. T190. The third step in worksheet preparation is to enter the adjusted account balances in the adjusted trial balance column.T191. The worksheet is a convenient device for completing the accounting cycle. T192. After all necessary adjustments are entered in the worksheet, the two adjustment columns are totaled to prove the equality of debits and credits. F193. Income and expense accounts are moved to the balance sheet columns of the worksheet. F194. Assets, liabilities capital and withdrawal accounts are extended to the income statement column of the worksheet. T195. The balance of the Unearned Revenues account will appear in the balance sheet credit column of the worksheet. F196.The balance sheet credit column of the worksheet usually contains only the liability and equity accounts. F197. Where the income statement column of the worksheet are totaled the excess of debits over credits is called profit. F198. The totals of the balance sheet columns of the worksheet will usually be the same as the totals appearing in the formal balance sheet. T199. The last step in the worksheet preparation is to enter the profit and loss figure as a balancing figure in the income statement and balance sheet columns. T200. The worksheet helps the accountant discover existing posting and calculation errors.T201. If an asset has been carried to the debit column of the income statement and a similar error occurred involving income or liabilities, the worksheet may appear to be correct but the profit figure is actually misstated. F202. Financial statements are confidential documents which are available only to the owner of the business. T203. The focal point of the accounting cycle is the financial statements. T204. The income statement shows the types and mounts of revenues and expenses for the accounting period. F205. The excess of expenses over revenues is called loss. F206.Expenses are increases in equity caused by the entity’s income-generating activities. F 207. Cash loaned from a bank constitutes income. F208. The statement of changes in equity uses only the profit figure from the income statement to explain the change in equity. T209. The balance sheet provides the financial statement user the type and amount of each asset, liability and capital account at a particular date. T210. The balance sheet is prepared based on the final equity balance in the statement of changes in equity. F211. The account form of balance sheet shows assets, liabilities and equity in a vertical sequence.T212. Financial flexibility is the ability to take effective actions to alter the amounts and timings of cash flows so that it can respond to unexpected needs and opportunities. T213. Solvency refers to the availability of cash over the longer term to meet financial commitments as they fall due. T214. Liquidity refers to the availability of cash in the near future after taking account of the financial commitments over this period. T215. An income statement r efers to the specified period while a balance sheet shows the financial position of the entity at a particular date. T216.Cash flow statement reports the amount of cash received and disbursed during the period. T217. Notes to financial statements include narrative descriptions or more detailed analyses of amounts shown on the face of the balance sheet, income statement, cash flow statement and statement in changes in equity. T218. Accounting policies are the specific principles, bases, conventions, rules and practices adopted by an enterprise in preparing and presenting financial statements. F219. The purchase of an equipment is an example of a financing activity. T220. Buying and producing goods and services are examples of operating activities.T221. The purchase of land is an example of an investing activity. F222. Paying taxes to the government is an example of financing activity. T223. Financial position may be assessed by referring to the balance sheet. T224. The statement in c hanges in equity discloses the withdrawals during the period. F225. The heading of the income statement might include the â€Å"As of December 31, 2011. † T226. The balance sheet is also known as the statement of financial position. T227. The statement of cash flows discloses significant events related to the operating, investing and financing activities of the business.T228. The statement of changes in equity relates the income statement to the balance sheet by showing how the owner’s capital account changed during the accounting period. F229. The account Commissions Earned would appear on the balance sheet. F230. The account Wages Payable would appear in the income statement. T231. Financial statements cannot be prepared correctly until all the accounts have been adjusted. F232. A worksheet is more useful for a small company than a large one. T233. Working papers provide a written record of the work performed by an accountant or auditor. T234.The worksheet is a type of accountant’s working paper. F235. The amount for owner’s withdrawal will appear in the income statement column of a worksheet. T236. The adjusted trial balance columns of the worksheet are prepared by combining the trial balance and adjustments column. T237. When the Income Statement columns of the worksheet are initially footed, they should be out of balance by the amount of profit and loss. F238. When the balance sheet columns of the worksheet are initially footed, they should be in balance. F239. The worksheet should be prepared after the formal financial statements have been prepared.T240. An important use of the worksheet is an aid in the preparation of financial statements. 241. The worksheet is prepared after the formal adjusting and closing entries. 242. On a worksheet, the balance of the owner’s Capital account is its ending amount for the period. 243. The amount placed opposite the owner’s Capital account in the Balance Sheet columns of the w orksheet is the amount to be reflected for owner’s Capital on the Balance Sheet. 244. The balances of the Accumulated Depreciation accounts will appear on the credit side of the worksheet’s Balance Sheet Columns. 245.The balance sheet may be prepared by referring solely to the Balance Sheet columns of the worksheet. 246. When adjusting entries are entered onto a worksheet, it is not necessary to record them in the general journal. 247. Total assets, total liabilities and owner’s equity on the balance sheet are the same as the totals of the Balance Sheet columns on the worksheet. 248. The amount of owner’s withdrawals can be found on the worksheet. 249. After the adjusting and closing entries have been recorded and posted, the general ledger accounts that appear on the balance sheet have no balances. 250.General account balances agree with those in the financial statements even before adjusting and closing entries are recorded and posted. 251. The income s ummary account is used to close the income and expense accounts. 252. The balance of the owner’s Capital account represents the cumulative net result of income, expense and withdrawal transactions. 253. Closing entries clear income and expense accounts at the end of the period. 254. The post-closing trial balance contains asset, liability, withdrawal and capital accounts. 255. The final trial balance is called a post-closing trial balance. 56. A reversing entry is a journal entry which is the exact opposite of a related adjusting entry made at the end of the period. 257. To simplify the recording of regular transactions in the next accounting period, all adjusting journal entries are reversed. 258. Post-closing trial balance tests the equality of the accounts after adjustments and the closing entries are posted. 259. Trial balances are prepared to ensure that no entries have been omitted. 260. In the accounting cycle, closing entries are prepared before adjusting entries. 261 .In the accounting cycle, information from source documents is initially recorded in the journal. 262. Nominal accounts are reduced to zero by closing entries. 263. Closing entries deal primarily with the balances of real accounts. 264. The only accounts that are closed are the income statement accounts. 265. Closing entries result in the transfer of profit or loss into the owner’s Capital account. 266. After all closing entries have been entered and posted, the balance of the income summary account will be zero. 267. Depreciation Expense-Building is a permanent account. 68. Supplies expense is a temporary account. 269. A revenue account is closed with a credit to the revenue account and a debit to income summary. 270. An expense account is closed with a debit to the expense account and a credit to income summary.271. Income Summary is closed with a debit to income summary and a credit to the owner’s Withdrawals account. 272. When profit or loss is exactly zero, one of the usual closing entries will be avoided. 273. The Income Summary account appears in the income statement. 274. Temporary accounts are also known as real accounts. 75. During the closing process, revenues are transferred to the credit side of the Income Summary account. 276. During the closing process, expenses are transferred to the credit side of the Income Summary account. 277. All nominal accounts must be closed before the Income Summary account can be closed. 278. The post-closing trial balance will have fewer accounts than the adjusted trial balance. 279. The balances of all accounts that appear on the balance sheet are the same on the adjusted trial balance as they are on a post closing trial balance. 280.There is sufficient information on a post-closing trial balance to prepare an income statement. 281. The post-closing trial balance will contain only real accounts. 282. The Income Summary account will appear on the post-closing trial balance. 283. There is sufficient info rmation on a post-closing trial balance to prepare a balance sheet. 284. There is sufficient information on a post-closing trial balance to prepare a statement of changes in equity. 285. If the post-closing trial balance does not balance, then the error/s definitely occurred at some point during the closing process. 86. The adjusting entries involving Rent Receivable and Salaries Payable could be reversed. 287. The adjusting entries involving Depreciation Expense-Building and Supplies Expense could be reversed. 288. A reversing entry will include either a debit to a revenue account or a credit to an expnseaccount. 289. Reversing entries are never required. 290. Reversing entries can be made for deferrals but not for accruals. 291. Reversing entries are made to correct errors in the account. 292. The purpose of reversing entry is to simplify the bookkeeping process. 293.Adjusting entries are all dated as at the first day of the new accounting period. 294. Closing entries can be prepa red by referring solely to the income statement columns of the worksheet. 295. The chart of accounts for a merchandising entity differs from that of a service entity. 296. The difference between revenue from sales and cost of sales is operating income. 297. For cash sales, the operating cycle is from cash to inventory to accounts receivable and back to cash. 298. The bill of lading is a document prepared by the seller detailing the terms of delivery. 99. A validated deposit slip indicates that cash and checks were actually deposited. 300. Discounts offered to the buyer to encourage early payment are trade discounts. 301. Cash discounts are called purchase discounts from the buyer’s viewpoint. 302. The sales discounts account is a contra-income account and will have a debit balance. 303. A credit term of 2/10 n/30 means that the buyer may deduct 3% from the invoice if payment is made within 10 days from the end of the month. 304. Purchases return and allowances is a deduction from purchases. 305.The cost of merchandise purchased during the period is determined by subtracting from the net purchases the amount of transportation costs incurred during the period. 306. The purchase of equipment not for resale should be debited to the purchases account. 307. If the seller is to shoulder the cost of delivery, the term is stated as F. O. B destination. 308. The term freight prepaid or collect will dictate who shoulders the transportation costs. 309. The two main systems for accounting for merchandise are periodic and perpetual. 310. The perpetual inventory system requires recording the cost of each sale as it occurs. 11. There is no need for a physical inventory count in the perpetual inventory system. 312. The debit balance in the inventory account in the trial balance under the periodic inventory system is the amount of inventory at the end of the current year.313. The ending inventory of one period is the beginning inventory of the next period. 314. The balan ce in the merchandise inventory account at the beginning of the period represents the cost of merchandise on hand at that time. 315. The operating cycle involves the purchase and sale of inventory as well as the subsequent payment for purchase and collection of cash. 16. A business can shorten its operating cycle by increasing the percentage of cash sales and reducing the percentage of credit sales.317. Merchandise inventory could include goods in transit. 318. An advantage of using the periodic inventory system is that it requires less recordkeeping than the perpetual inventory system. 319. The periodic inventory system relies on a physical count of merchandise for its balance sheet account. 320. Under the periodic inventory system, the cost of goods sold is treated as an account. 321. The periodic inventory system provides an up-to-date inventory on hand.322. Summing ending merchandise inventory and cost of goods sold gives the cost of goods available for sale. 323. A physical inv entory is usually taken at the end of the accounting period. 324. Under the periodic inventory system , purchases of merchandise are not recorded in the Merchandise Inventory account. 325. A company would be more likely to know the amount of inventory on hand if I it used the periodic inventory system ra of all merchandisether than the perpetual inventory system. 326. Taking a physical inventory refers to making a count of all merchandise on hand at a particular time. 327.When the periodic inventory system is used , a physical inventory should be taken at the end of the fiscal year. 328. The income statement of a company that provides services only will not have cost of goods sold. 329. For a merchandising company, the difference between the net sales and operating expenses is called a gross margin. 330. Sales return and allowances is described a contra-revenue account. 331. On the income statement of a merchandising concern, profit is the amount by which net sales exceed operating expenses. 332. Transportation out is included in the cost of goods sold calculation. 33. Advertising expense appears as a selling expense on the income statement. 334. Transportation in is considered a cost of merchandise purchased. 335. The difference between gross sales and net sales is equal to the sum of sales discounts and sales returns and allowances.336. When the terms of sale include a sales discount, it usually is advisable for the buyer to pay within the discount period. 337. The terms 2/10, n/30 mean that a 2% discount is allowed on payments made over 10 days but before 30 days after the invoice date. 338. Terms 2/10, n/30 is an example of a trade discount. 39. Goods should be recorded at their list price less any trade discounts involved. 340. FOB Shipping point means that the seller incurs the shipping costs. 341. Under the perpetual inventory system, the cost of merchandise is debited to Merchandise Inventory at the time of purchase.342. The merchandise inventory accou nt is not affected when a sales allowance is granted. 343. Ending merchandise inventory is included in the calculation of cost of goods available for sale. 344. Ending merchandise inventory for year 1 automatically becomes the beginning inventory for year 2. 45. The calculation of cost of goods available for sale during the year is not affected by the previous year’s ending inventory. 346. The change in inventory level from the beginning to the end of the year affect cost of goods sold. 347. Transportation In is treated as a deduction in the cost of goods sold section of the income statement. 348. Under the periodic inventory system, the Purchases account is used to accumulate all purchases of merchandise for resale.349. Cost of goods sold is the primary difference between a merchandising and a service business income statement. 350. Debiting income summary and crediting beginning merchandise inventory eliminates the beginning inventory at the end of the period. 351. Cost of goods sold is a major expense of a merchandising business. 352. Using the nature of expense method of presenting expenses in the income statement has the advantage of simplicity because no allocation of operating expenses between functional classifications is necessary. 353. The function of expense method reports gross margin and income from operations. 354. Operating income is not computed in the nature of expense method.355.Gross margin from sales is the income that the business would have made if all goods available for sale had been sold during the period. 356. The excess of gross profit over operating expenses is called operating profit. 357. In the worksheet, the ending inventory amount will appear in the income statement credit column and the balance sheet debit column. 358. The determination of net cost of purchase would include addition of transportation out. 359. The traditional balance sheet arrangement of assets on the left-hand side with the liabilities and ownerâ€℠¢s equity on the right-hand side is called the report form. 360. Net sales is not an account name. 361. In the income statement, operating expenses are classified as selling expenses, administrative expenses and other operating expenses. 362. The sales return and allowances has a normal debit balance. 363. The closing entry for transportation in debits purchases and credits income summary. 364. Both Transportation In and Transportation Out accounts are closed by crediting the accounts. 365. On the worksheet of a merchandising company that uses the perpetual inventory system, the Merchandise inventory account balance is not adjusted.366.When using the perpetual inventory system, the Merchandise inventory account will not appear in the closing entries. 367. The worksheet of a merchandising company that uses the perpetual inventory system will not have a Transportation In account. 368. When preparing a worksheet for a merchandising company that uses the perpetual inventory system, the cost of goods sold can be derived from the balances of several account in the income statement column. 369. Under the perpetual inventory system, the ending merchandise inventory balance is closed at the same time as cost of goods sold.370.When preparing a worksheet for a merchandising company that uses the periodic inventory system, the merchandise inventory amount shown on the trial balance will be carried over the Balance Sheet debit column. 371. On the worksheet of a merchandising company that uses the periodic inventory system, both Purchase and Purchases Returns and Allowances appear in the Income Statement column. 372. The Purchases account is closed to the Merchandise Inventory account. 373. The ending inventory amount appears in both Income Statement columns on the worksheet of a merchandising company that uses the periodic inventory system. 74. Under the periodic inventory system, the Merchandise Inventory account appears in the closing entries made at the end of the perio d. 375. When preparing closing entries under the periodic inventory system, Sales, Purchases Returns an Allowances are both closed in the same entry. 376. Sales discount is a contra-revenue account with a normal credit balance.377. Purchases discount would be recorded as a credit. 378. Transactions involving the payment of cash for any purpose are usually recorded in the cash journal. 379. Special journals are modified in practice to adapt to the specific needs of an entity. 80. The primary ledger that contains all the balance sheet accounts and income statement accounts is called the general ledger. 381. At the end of each month, the total of the amount column of the sales journal is posted as a debit to accounts receivable and credit to sales. 382. After postings have been completed for the month, if the sum of the balances in the accounts receivable subsidiary ledger does not agree with the balance of the accounts receivable In the general ledger, the errors must be located and c orrected. 383. Sales on ccount of office equipment used in the business would be recorded in the sales journal.384. Each amount in the other accounts column of the cash receipts journal must be posted individually to the appropriate general ledger account. 385. When there are numerous accounts with a common characteristic, it is common to place them in a separate ledger called a detail ledger. 386. The sale of merchandise for cash is recorded in the sales journal. 387. The total of the other accounts column of the cash receipts journal is not posted to the general ledger. 88. When special journals, control accounts, and subsidiary ledgers are used, no posting to any ledger is performed until the end of the month. 389. For each transaction recorded in the purchases journal, the credit is entered in the accounts payable column. 390. Acquisitions on account which are not provided for in a special debit column are recorded in the other accounts column in the purchases journal. 391. Debi ts to creditor’s accounts for invoices paid are recorded in the accounts payable debit column of the cash payments journal. 392.Comparing the purchase order with the receiving report will show that all the goods ordered actually arrived and all goods that arrived were actually ordered. 393. The total of the accounts payable in the cash payments journal is posted at the end of the month as a debit to accounts payable and a credit to cash. 394. When customers are allowed to return for credit to their accounts, these transactions are recorded in the general journal. 395. A check register is used to record all expenditures. 396. The voucher register is a substitute for a sales journal. 397. The voucher register takes the place of the cash payments journal.

Hardware and Software Selection Paper Essay

Technology plays a very important role in businesses because it helps make things so much easier as far as recording the information, create financial statements, and account management. Thus, computer hardware is what the companies use for data storage, and software packages are the tools businesses use to help the business run faster and easier. There are different types of hardware and software that the companies have to choose wisely to fit and benefit their businesses. It is important to have the hardware that help the company store, organize, manipulate, and update the amount of business information with the assistance of database management programs because the company would use the programs to keep track with its customers, employees, suppliers, and inventory. Also, the most important is that the programs allow the accountants and accounting clerks keep track and maintain with the company’s financial reports, and the programs allow them to manage the payrolls as well a s the account receivable and account payable to avoid error financial reports and tax returns. Riordan AIS Integration and End-User Information Access Technology plays a very important role in all types of businesses because it helps the organizations get things done must fast, easy, and secure. It also allows the organizations to maintenance their businesses as well as keep track with the clients or consumers. Thus, many organizations use hardware to record the company’s information, they also use the computer software as a method to protect their computers against hackers attack and other Internet treats. However, there are certain people in different level allow  having access to the information, and the people who need access to the information would be the accountants (general and supervisors), accounting clerks, director of accounting and finance, the president, CEO, CFO, and COO. The accounting clerks needs to access to the information to edit or enter payments, billings, and adjustment of credit or debit for the business, and they also need to access to the General Ledger and Month end reports to ensure all the inf ormation is corrected to avoid future problems. Also, the general accountant and accounting supervisors need to view the reports to ensure the accounting clerks complete their tasks by enter all the information before month end. Once all the information are entered the director of accounting and finance would access to review the reports or edit them if needed to ensure that the finance are corrected such as Account Payable and Credit, and they will base on the information and number on the reports to make best decisions for the business. On the other hand, the president, CEO, CFO, and COO would access to the entire system to review all the reports such as month end reports and payment reports in order to see if the company is making or losing money. The bottom line would show that either the company is making profits or losing money and which areas. It is important for the reports to be accurate because the management would base on the information shows on these reports to make best decision for the business as well as the compan y. Riordan AIS Integration and Internal Controls Integrating the accounts receivable accounting process into an automated system requires specific internal controls to protect the company against fraud and theft. An efficient control system will protect the confidence of information, quickly identify errors, and remove the opportunity of compromise. Setting controls should also ensure the accuracy of data entered into the accounts receivable ledger, ensure a segregation of duties, and promote a timely presentation of financial reports in accordance with the generally accepted accounting principles (GAAP). In accordance with the Sarbanes-Oxley (SOX) Act, the company must ensure the integrity of all financial information. To determine the effectiveness of an automated accounts receivable process a system must be put in place to monitor it. Written control policies must be developed for all employees with access to  automated systems or relative information. There must be a set protocol implemented for all activities. Management must be familiar with and closely monitor daily activities. Infogix, Inc. is a software company that helps businesses to monitor and analyze information. Independent, automated controls are implemented to monitor information from beginning to end. Infogix controls make sure that all activities comply with COBIT, all transactions are validated, and subsequently compliance costs are reduced. AIS Integration and Reporting Processes Enterprise integration of centralized accounting information system (â€Å"AIS†) at Riordan Manufacturing, Inc. (â€Å"Riordan†) brings a number of challenges with respect to reporting processes. Previously, Riordan’s various AIS deployed in regional offices â€Å"[have] been unable to achieve anything remotely resembling ‘seamless compatibility'† (Apollo Group, Inc., 2013, Riordan—Finance Overview, para. 5), with a corresponding lack of information portability and accessibility between offices. A centralized data warehouse for Riordan allows all regional offices to enter and store accounts receivable data in uniform data tables and procedures, permitting more easily comprehended data in nearly real-time accessibility. This enhanced data storage capacity also requires enhanced information reporting processes, with sufficiently powerful and flexible hardware and software packages to meet the complex and diverse needs of Riordan’s central administration and its many regional offices. Hardware Proposals Riordan’s multiple regional offices present a diverse requirement in terms of hardware needs. Most office workers will find their tasks sufficiently satisfied with standard personal computers, without requiring much customization by the organization aside from adherence to security protocol. Many sales and executive staff will require far more complex and diverse hardware packages in their work. Laptop computers allow nearly all capabilities of a personal computer in a more portable device, but may yet be too bulky when literally on the move. To this end, tablet computers and smart-phones allow access to the Internet and thus—with the proper credentials and software—sufficient accessibility to organizational information systems and communication networks. However, a balance must be  found between convenience and cost-effectiveness in terms of actual hardware selection in these circumstances. Reporting Software Proposals Two powerful pieces of software for business reporting purposes are Crystal Reports and Business Objects. According to the marketing department of its publisher, Crystal Reports is â€Å"powerful, user-friendly applications †¦ [that] can help you deliver key insights to the right decision maker, at the right time, in the right format† (SAP, 2014, para. 1). This sort of software is a SQL programming tool to design and produce custom, automated reports from a variety of data sources in an organizational information system. The program engine may also be integrated into custom designed data entry and reporting software packages from other third-party vendors, allowing these powerful reports to be easily incorporated into packages custom designed to meet the organization’s informational needs. AIS Integration with Company Internet and Intranet Portals The company’s intranet should have information that allows employees to be more knowledgeable about the company. It should include items such as an employee directory; benefit plan details; structural information regarding the company; the company’s mission statement, goals, and objectives; and request forms for supplies and processes. Although detailed information regarding Accounts Receivable would not be shared on the Intranet, the large picture of the financial information for the company should be on the Intranet for employees to view. This could include quarterly financial reports, with the total accounts receivable amount integrated into the report. This would allow employees to feel empowered by knowing how the company is handling money. It also gives employees a feeling of contentment knowing that they are secure in their organization. In conclusion, it is important for the company to choose the best hardware and software to fit and benefit the company to ensur e that it aids the business as well as creating the financial reports and keep track with its customers. References Apollo Group, Inc. (2013). Virtual organizations portal—Riordan—Company intranet—Homepage. Retrieved from: https://ecampus.phoenix.edu/secure/aapd/cist/VOP/Business/Riordan/index.asp Apollo Group, Inc. (2013). Virtual organizations portal—Riordan—Company intranet—Finance overview. Retrieved from: https://ecampus.phoenix.edu/secure/aapd/cist/VOP/Business/Riordan/Finance/Overview.asp Bagranoff, N. A., Norman, C. S., Simkin, M. G. (2008). Core concepts of accounting information systems (10th ed.). New York, NY: John Wiley & Sons, Inc. Retrieved from University of Phoenix ACC/340—Accounting Information Systems—Course Materials. SAP.com (2014) Empower your small business with SAP Crystal Reports. Retrieved from: http://www.sap.com/solution/sme/software/analytics/crystal-reports/index.html

Howler Monkey Facts (Alouatta)

Howler Monkey Facts (Alouatta) Howler monkeys (genus Alouatta) are the largest New World monkeys. They are the loudest land animal, producing howls that can be heard up to three miles away. Fifteen species and seven subspecies of howler monkey are currently recognized. Fast Facts: Howler Monkey Scientific Name: AlouattaCommon Names: Howler monkey, New World baboonBasic Animal Group: MammalSize: Head and body: 22-36 inches; tail: 23-36 inchesWeight: 15-22 poundsLifespan: 15-20 yearsDiet: OmnivoreHabitat: Central and South American forestsPopulation: DecreasingConservation Status: Least Concern to Endangered Description Like other New World monkeys, howler monkeys have wide side-set nostrils and furred prehensile tails with naked tips that help the primates grip tree branches. Howler monkeys have beards and long, thick hair in shades of black, brown, or red, depending on sex and species. The monkeys are sexually dimorphic, with males 3 to 5 pounds heavier than females. In some species, such as the black howler monkey, mature males and females have different coat colors. Howler monkeys are the largest New World monkeys, with head and body length averaging 22 to 36 inches. One characteristic of the species is its extremely long, thick tail. The average tail length is 23 to 36 inches, but there are howler monkeys with tails five times their body length. Adults weigh between 15 and 22 pounds. Like humans, but unlike other New World monkeys, howlers have trichromatic vision. Both male and female howler monkeys have an enlarged hyoid bone (Adams apple) that helps them make extremely loud calls. Males and females are different colors in some howler monkey species. Tier Und Naturfotografie J und C Sohns / Getty Images Habitat and Distribution Howler monkeys live in the tropical forests of Central and South America. They spend their lives in the tree canopy, only rarely descending to the ground. Howler monkey distribution. Miguelrangeljr IUCN / Creative Commons Attribution-Share Alike 3.0 Unported License Diet The monkeys primarily forage tree leaves from the upper canopy, but also eat fruit, flowers, nuts, and buds. They sometimes supplement their diet with eggs. Like other mammals, howler monkeys cannot digest cellulose from leaves. Bacteria in the large intestine ferment cellulose and produce nutrient-rich gases which the animals use as an energy source. Behavior Obtaining energy from leaves is an inefficient process, so howler monkeys are generally slow-moving and live within relatively small home ranges (77 acres for 15 to 20 animals). Males vocalize at dawn and dusk to identify their position and communicate with other troops. This minimizes conflict over feeding and sleeping grounds. Troop ranges overlap, so howling lessens the need for males to patrol territories or fight. Each troop consists of six to 15 animals, usually containing one to three adult males. Mantled howler monkey troops are larger and contain more males. Howler monkeys rest in the trees about half of the day. Reproduction and Offspring Howler monkeys reach sexual maturity around 18 months of age and display sexual readiness by tongue-flicking. Mating and birth may occur at any time of the year. Mature females give birth every two years. Gestation is 180 days for the black howler monkey and results in a single offspring. At birth, both male and female black howler monkeys are blond, but males turn black at two and a half years of age. In other species the color of the young and adults is the same for both sexes. Adolescent males and females leave their parents troop to join unrelated troops. The average life expectancy of a howler monkey is 15 to 20 years. Conservation Status Howler monkey IUCN conservation status varies according to species, ranging from least concern to endangered. The population trend is unknown for some species and decreasing for all others. Howler monkeys are protected in parts of their range. Threats The species faces multiple threats. Like other New World monkeys, howlers are hunted for food. They face habitat loss and degradation from deforestation and land development for residential, commercial, and agricultural use. Howler monkeys also face competition from other species, such as spider monkeys and woolly monkeys. Howler Monkeys and Humans Howler monkeys are not aggressive toward humans and are sometimes kept as pets despite their loud vocalizations. Some Mayan tribes worshiped howler monkeys as gods. Sources Boubli, J., Di Fiore, A., Rylands, A.B. Mittermeier, R.A. Alouatta nigerrima. The IUCN Red List of Threatened Species 2018: e.T136332A17925825. doi:10.2305/IUCN.UK.2018-2.RLTS.T136332A17925825.enGroves, C.P. Order Primates. In: D.E. Wilson and D.M. Reeder (eds), Mammal Species of the World, pp. 111-184. The Johns Hopkins University Press, Baltimore, Maryland, USA, 2005.Neville, M. K., Glander, K. E., Braza, F. and Rylands, A. B. The howling monkeys, genus Alouatta. In: R. A. Mittermeier, A. B. Rylands, A. F. Coimbra-Filho an G. A. B. da Fonseca (ed.), The Ecology and Behavior of Neotropical Primates, Vol. 2, pp. 349–453, 1988. World Wildlife Fund, Washington, DC, USA.Sussman, R. Primate Ecology and Social Structure, Vol. 2: New World Monkeys, Revised First Edition. Pearson Prentice Hall. pp. 142–145. July, 2003. ISBN 978-0-536-74364-0.

Free Essays on Long Days Journey

The play Long Days Journey into Night creates a world in which communication has broken down. One of the great conflicts in the play is the characters' uncanny inability to communicate despite their constant fighting. For instance, the men often fight amongst themselves over Mary's addiction, but no one is willing to confront her directly. Instead, they allow her to lie to herself about her own addiction and about Edmund's illness. Edmund and Jamie do not communicate well until the last act, when Jamie finally confesses his own jealousy of his brother and desire to see him fail. Tyrone, likewise, can only criticize his sons, but his stubborn nature will not allow him to accept criticism. All the characters have bones to pick, but they have trouble doing so in a constructive fashion. Most of the bones that need picking emerge in the past, which is remarkably alive for the Tyrone’s. Mary in particular cannot forget the past and all the dreams she once had of being a nun or a pianist. Tyrone too has always had high hopes for Jamie, who has been a continual disappointment. All the conflicts and the problems from the past cannot be forgotten, and, in fact, they seem doomed to be relived day after day. It is important to note that Long Day's Journey into Night is not only a journey forward in time, but also a journey back into the past lives of all the characters, who continually dip back into their old lifestyles. The reader is with the realization that the family is not making progress towards betterment, but rather continually sliding into despair, as they remain bound to a past that they can neither forget nor forgive. The play is all the more tragic because it leaves little hope for the future; indeed, the future for the Tyrone’s can only be seen as one long cycle of a repeated past bound in by alcohol and morphine. This play was awarded the Pulitzer Prize when it was first published, and it has remained one of the most admir... Free Essays on Long Days Journey Free Essays on Long Days Journey The play Long Days Journey into Night creates a world in which communication has broken down. One of the great conflicts in the play is the characters' uncanny inability to communicate despite their constant fighting. For instance, the men often fight amongst themselves over Mary's addiction, but no one is willing to confront her directly. Instead, they allow her to lie to herself about her own addiction and about Edmund's illness. Edmund and Jamie do not communicate well until the last act, when Jamie finally confesses his own jealousy of his brother and desire to see him fail. Tyrone, likewise, can only criticize his sons, but his stubborn nature will not allow him to accept criticism. All the characters have bones to pick, but they have trouble doing so in a constructive fashion. Most of the bones that need picking emerge in the past, which is remarkably alive for the Tyrone’s. Mary in particular cannot forget the past and all the dreams she once had of being a nun or a pianist. Tyrone too has always had high hopes for Jamie, who has been a continual disappointment. All the conflicts and the problems from the past cannot be forgotten, and, in fact, they seem doomed to be relived day after day. It is important to note that Long Day's Journey into Night is not only a journey forward in time, but also a journey back into the past lives of all the characters, who continually dip back into their old lifestyles. The reader is with the realization that the family is not making progress towards betterment, but rather continually sliding into despair, as they remain bound to a past that they can neither forget nor forgive. The play is all the more tragic because it leaves little hope for the future; indeed, the future for the Tyrone’s can only be seen as one long cycle of a repeated past bound in by alcohol and morphine. This play was awarded the Pulitzer Prize when it was first published, and it has remained one of the most admir...