Accounting Essay Example | Topics and Well Written Essays - 250 words - 2

Accounting - Essay Example Cash flow statement is prepared separately to account for all the cash transactions and determine the hard cash position of the business apart from its profitability and sales figures, etc. If accounting was only based on cash, no credit transactions could have been made; in fact we would have been violating the principle of â€Å"Going Concern†. When we say businesses are a going concern, we usually pass entries to close accounts for an accounting period by transferring the balances to the next accounting cycle. This is done because business transaction keep on taking place as business activities and operations are executed. The key accounting concept for using the accruals versus cash is that the profits & losses are not actually documented by a business at the same time when the cash transaction is made. In fact the two transactions are totally separate from each other and have different accounting treatments. Profits and losses of any business are the outcome of its operations and revenue generating activities which circulate around the ‘income’ and ‘expense’ heads of accounting for that business. This involves expectation of cash inflows and outflows at a later date as well as deferred cash transaction or prepayments, etc. that needs settlement in a later period. Income and expense determine the cash that you might have eared or lost at the end of the day, when all the corresponding cash transaction have been made but they strictly do not mean that cash has changed hands. We record the income and expenses in the period they are incurred in order to complying with accounting standards (Weygandt, Kieso, & Kimmel,

English Essay Example | Topics and Well Written Essays - 750 words - 14

English - Essay Example The tone and the use of words are not very scholarly. This can be attributed to how the essay is grounded on inference and not on facts. To illustrate, a students adapts a more confident tone if he knows he has studied for a report and is prepared with evidence if indeed a panelist asks questions. On the other hand, a students who is unprepared lacks confidence in what he has to say, and in turn resorts to using colorful and flowery words with the hope that it can influence the panelists to believe in his statements no matter how empty and trivial they are. The 2 students are much like the 2 articles compared side by side. A good article is the former, but this essay proves to be no different from the latter. The essay is built on a frail foundation not strong enough to withstand scrutiny, if analogy should be used. Even the title itself is inappropriate for the content for it talks about the special treatment, perks and privileges accorded to what society labels as â€Å"physically attractive†; it doesn’t talk about the importance, but the implications of being beautiful.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   As aforementioned, the points emphasized are supported by implausible data. The major assumptions cover a range, from children to the elderly. The essay presents assumptions that children who are considered beautiful are seen as more behaved and it is also assumed that men and women who are physically attractive climb the corporate ladder faster than their counterparts who are not gifted with good looks or admirable physique. Another assumption is that older patients are given more time and attention if they are viewed as possessing good looks. This results take root from the comment of a certain consultant,† Because the doctor feels that beautiful patients are more likely to respond to treatment, he’ll give them more time and

Trust and Religion Counseling Essay Example | Topics and Well Written Essays - 1250 words

Trust and Religion Counseling - Essay Example The problem is that the trust that once broken is so difficult to restore, and sometimes it is never restored. Once my friend wanted to solve a problem in his family, I advised him to consult a counselor, who also happened to be my best friend. My friend revealed the story to the counselor and sought the best advice. But the counselor, who was without any professional ethics, disclosed even the minute details to me. Here, the trust is broken and the trust reducing behavior of the counselor is the reason behind the problem. The trust reducing behavior from either side may result in the temporary or permanent break in a relationship. There are so many factors that reinforce the trust-building measures, and because of the negative influence of these factors, it is more difficult to maintain the trust. To maintain a healthy relationship the qualities that a person must possess are: word keeping habit, keeping honesty in communication, respecting the other person’s skills and abilities, and unguarded interaction. The fulfillment of the expectations from either side strengthens the trust and negligence of expectations badly affects the trust. There are certain factors that negatively influence the trust. Concealing the real motive and to act, i.e. to pretend as a trustworthy person and conceal the real motive is just cheating. Sometimes, relevant information may be twisted or falsified for personal benefit. This attitude leads to misunderstanding among people and hinders trust. Dominating tendency and misbehavior also hinder the growth of trust. Accepting the credit for others work create misunderstanding and ultimately to mistrust. The most powerful factor which hinders trust is gossiping. Because of uncontrollable tendency to create gossips about others, once, my friend was forced to attend a counseling session. After three successive sessions, he was able to withstand the bad habit.  

Organisational Behaviour (Corporate Social Responsibility and National Essay

Organisational Behaviour (Corporate Social Responsibility and National Culture) - Essay Example Breadtalk, is a company that was established in 2000 and deals with designing confectionery store, and is known for its delicious cream filed buns. It owns some of the best performing food courts and restaurants in 13 different countries, including Singapore, Indonesia, China, Kuwait, Oman, the Philippines, Malaysia, Hong Kong, India, Thailand, Korea, Vietnam, and Bahrain.  Moreover, the company owns more than 240 stores across the globe. Although the company operates in different culture, the adequate understanding of the issues that arise from cultural differences has enabled BreadTalk expand rapidly in different countries. This essay focuses on what corporate social responsibility is and how it could influence the organizational behavior of BreadTalk. Moreover, the essay will explain why an understanding of cultural differences is important to the business at BreadTalk, and include a brief description of the Australian company where BreadTalk is planning to expand. In the contem porary world, companies have to operate in a competitive market characterized by changing consumer preferences. Therefore, it has become inevitable for companies willing to succeed to make strategic decisions such as undertaking to contribute to some activities in the society (Love, 2008). BreadTalk is one company that has benefitted from its engagement in corporate social responsibility. In china, BreadTalk is recognized for its role in assisting the victims of the Sichuan earthquake on 12th may 2008. BreadTalk designed Panda Bear shaped buns symbolic of the horror associated with the 7.8 magnitude earthquake. All proceeds obtained from the sale of Peace Panda buns were given to aid the different bodies dealing with the earthquake. The activity enhanced the reputation of BreadTalk and resulted in increased media coverage. This activity demonstrated the innovativeness of BreadTalk since it made use of their own products in raising funds, which also boosted sale of other products oth er than â€Å"Peace Panda† (Wood 2010). Different countries are characterized by different cultures, which affect certain aspects of business such as customer preference. Multinational companies are at times faced by conflict most of which are related to cultural differences that characterize the different countries. BreadTalk is a multinational company but has managed to gain wide acceptance in the regions where it has expanded its operations. Different cultures are characterized by different cultural values and ethics, which often affect the moral judgments of individuals (Tay 2010; Wood 2010). Having operated in different countries, especially in the Asian continent, BreadTalk management has sound understanding of the influence of culture on performance. Understanding the cultural differences that characterize different nations is important to the Business Managers at ‘Breadtalk since the company operates in a multicultural setup characterized by varying customer pre ference. Moreover, the company the company deals with offering food products. Most cultures are characterized by varying eating habits hence varying preference (Hart & Rosenbergerg 2004; Jones, Comfort, & Hillier 2007). An understanding of the Australian culture is important to the Business Managers at ‘Breadtalk and will enable them to decide if they should expand to

Don Delillos novel White noise Essay Example | Topics and Well Written Essays - 1250 words

Don Delillos novel White noise - Essay Example That is an ominous concern for Jack about his relationship with his loved wife Babette. The description the author uses for Jack's thought process on this question tells us how deeply he is in love with Babette. This love being so strong that it flares a selfish desire to rather have himself die first, rather than the other. His desire to be with and love Babbette is greater than the fear of his own death. "This question comes up from time to time, like where are the car keys. It ends a sentence, prolongs a glance between us. I wonder if the thought itself is part of the nature of physical love, or a reverse Darwinism that awards sadness and fear to the survivor."2 This thought is a selfish death desire, because Jack would rather Babbette to be left alone rather than himself if she were to die first. Of course Delillo makes certain the "white noise" plays its part and penetrates through everything by comparing the fleeting thought to missing car keys. At most times the characters are unconscious of the realities of life and death. But when inspected upon, uncomfortable consciousness of death develops like when you pay attention to the constant blinking of your own eye. The hum of the "white noise" has an anesthetic effect on the thoughts of death which is made possible by its power over the truth. Power and authority can be seen in the noise by Chapter six. The authority of the "white noise" is held on the highest pedestal by Heinrich the genius fourteen year old. "It's going to rain tonight." "It's raining now," I said. "The radio said tonight."3 The unquestioned power of the "white noise" can be seen again in chapter eight, as the character Steffie refuses to challenge its authority. "We have to boil our water," Steffie said. "Why" "It said on the radio." "They're always saying boil your water," Babette said.4 Not all the characters are wholly blinded by the white noise as we can tell from the rationalization from Jack and Babette both. "Just because it's on the radio doesn't meant we have to suspend beliefs in the evidence of our senses."5 The noise appears to take more control over the younger generations. The author described the difference in health and behaviors of people in the town broken down by age groups. One thing stimulated by the noise is the advertising of consumables in the supermarket. This is related to death in the obesity and other health complications over eating can cause. The family is aware that Babette purchases food from the supermarket only to never eat it. Even though she goes unconvinced of other aspects of the "white noise" just like Jack. In the area of purchasing groceries she is a knowing yet unhappily submissive to the authority of the noise, feeling guilty all through her relation ship with food. "She feels guilty if she doesn't buy it, she feels guilty when she sees it in the fridge, she feels guilty when she throws it away."6 The supermarket in particular is a hot bed of "white noise" life. I must use the word "life" to describe the "white noise" because Delillo hinted at the noise being a

Court system in England Essay Example | Topics and Well Written Essays - 4000 words

Court system in England - Essay Example The first right of the defendant starts when the court says that defendant's presence in the court for any indictable offence is necessary. There are cases where the defendants are intimidated, threatened, kidnapped or sometimes even eliminated so that they cannot attend the court. Under such circumstances, these courts order a decree of Habeus Corpus. Unless there are extraordinary circumstances, a defendant cannot be tried without being present. Magistrate courts deal with summary offences, which are less serious cases like minor assaults or driving offences and these offences are not eligible to be tried by the jury being rather legally insignificant. They also deal with Either-way offences and they are called so, because they could either be dealt by judge and jury or by a magistrate, which is usually the case. Offences here include theft, handling of stolen goods, etc. Here the right of the defendant is upheld by making the defendant to ask for either a Crown trial or a Magistrate trial and the choice belongs not to the court, but to the defendant. In case if the offence is of a more serious kind, magistrate himself might commit the defendant to a trial by the jury and under those circumstances, defendant's rights are not considered. Magistrate courts cannot try Indictable-only offences, and these are of a more serious kind like murder, manslaughter, rape and robbery. ... There is a distinction between summary and indictable offences. Jurisdiction and procedure usually are affected by this distinction because the distinction is fundamental. "Summary offences can be tried only in magistrate's courts, while indictable offences are triable on indictment before a jury. Summary offences are all creatures of statute, and the particular statute lays down the mode of trial and the appropriate penalty," Arguile (1969, p.41). The decision on bail and other connected legal issues like reporting restrictions are usually conducted by magistrate courts before the case goes to the Crown court. Again there is an option for the defendant. He could opt for a trial at the magistrate court and such a plea could be considered. If the defendant is found guilty, at that stage, or at any other stage, magistrates can impose a sentence up to six months imprisonment along with a fine up to 5000 and if the defendant is acquitted, and if there are no other connected or unconnected cases pending against him the magistrates can set him free as a legally innocent person. There are diverse kinds of legal presence in magistrate courts. There could be three lay magistrates or one District Judge and both the situations are perfectly acceptable to law. The lay magistrates are called Justices of the Peace and are usually the local people who volunteer their services. Despite not having any formal legal qualifications, the legal hist ory says that these magistrates have functioned very well over the years. They are given legal and procedural training and advice by the qualified clerks though. This prompts a question: Do such magistrates command the same respect from clerks, defendants and other legal fraternity Well, this is a different legal matter,

Discussion question week 4 Essay Example | Topics and Well Written Essays - 500 words

Discussion question week 4 - Essay Example rkable example of a company that has experienced that, and discussing the differences of domestic and global marketing strategies (Adamson et al, 2007). A brand is a figure of the features that makes a product exceptional. Every business has its brand. Various businesses attempt, but several fail at building a winning brand. When a company notices that its sales are flagging, it blames it on the brand. The shift of focus has moved from the product-blame to the brand-blame, thus relating to the manner the buyer’s conduct transforms (Ries et al. 2002). Branding is a more effective method of selling products; thus entirely fine products can be unsuccessful because of poor branding. Branding increases the returns but also intensifies the risks. The emotional ties developed by customers and brands ought not to be broken as messing with them results in irreparable damage. A brand acquires strength though the market constantly remains subtle. Coca-Cola ranks top of the list as the most identified brand with a sale of almost 1 billion drinks each day. However, when Coca-Cola stopped the distribution of the original Coca-Cola drink, i t replaced it with the New Coke drink to match up the competition posed by Pepsi-Cola. New Coke hardly made any sales as the consumers rebelled against it (Gobe, 2010). Coca-Cola learnt the hard way that marketing is more than the product. It had simply focused on the taste factor when it was strategizing to build on its product, in the process missing its major brand property, which is originality. Coca-Cola had been the only product in the market ever since its foundation, with the brand name becoming product’s name as well/ Coca-Cola majorly capitalized on its original status in the various promotional campaigns (Cross Cultural Blunders). The launch of New Coke was a contradiction to the marketing efforts by Coca-Cola. It was very misguided confining the brand’s importance to a question of taste. The representation was more important