Accounting Module 5 SLP Assignment Example | Topics and Well Written Essays - 250 words

Accounting Module 5 SLP - Assignment Example Relevant costs are also called differential costs. If the future costs are going to be incurred regardless of the decision that is made, those costs are not relevant. Sunk costs are never relevant. The repair cost of $26000 is relevant to the decision on hand whether to sell the truck or get it repaired. The sale proceeds offered by repair shop of $10000 is also relevant. The purchase cost of used truck of $ 34000 is relevant to the decision. The amount offered by the insurance company of $30000 would be the same whether Pizzahut gets the truck repaired or disposes the truck and purchases the used truck. Since the amount is same under both the alternatives it is a non-relevant cost. Similarly, the original cost of truck of $50000 is a sunk cost and would be same under both the alternatives and hence it is also a non-relevant cost. The classification of costs into Relevant and non-relevant costs aids in decision making. The cost with respect to the alternative of disposing the truck is $34000 - $10000 which is equal to $24000. Thus, the gain to the company in choosing this alternative is $26000(cost of repair) minus $24000, which is $2000. Thus, the analysis helped the company reach a decision which resulted in a gain of $2000 to the company. 1. Dennis Caplan, Management Accounting: Concepts and Techniques, Retrieved on December 21st 2009, from Oregon State University, College of Business Web Site,

Comapre And Contrast The Inner Coffin Of Tutankhamuns Sarcophagus With Essay

Comapre And Contrast The Inner Coffin Of Tutankhamuns Sarcophagus With Nike (Victory) Of Samothrace - Essay Example Furthermore, it talks about the techniques and speaking styles that existed and the differences between the styles and techniques. Then it concludes with brief summary of the two main topics. Introduction Tutankhamun’s inner coffin sarcophagus The Tutankhamun tomb always contained four gilded shrines that are nested inside each other to decrease their sizes. A quartzite red Sarcophagus was inside the shrine that protected the three anthropoid coffins shaped by a man. Gilded wood was used to make the first two coffins but the final one was made of solid gold. This solid gold coffin was used to house King Tut mummy and the fabulous golden death mask. On the other hand, sarcophagus is defined as the stone container that is used to house a coffin to the Egyptian mummy. Generally, the word sarcophagus was the name of the stone coffins which were not sunk underground2. It is also known as ‘possessor of life’ that related to their belief of afterlife and deceased were ev entually going to be reborn. Sarcophagus was mainly used as an external layer that protected the royal mummy of Tutankhamun body. It contained three netted layers of coffins which were anthropoid or man-shaped. Tutankhamun Sarcophagus was made of red quartzite; it is rectangular in shape measuring about nine feet high five feet wide and nine feet long. It is protected by a series of three gold Anthropoid coffins nested within each other. The Pharaoh Tutankhamun mummy was covered with a death mask. Each and every section of the king Tut web addresses all topics providing interesting information and facts about the Golden age pharaohs in Egypt. Nike victory of Samothrace In Greek mythology, Nike was the goddess of victory. Homers don’t personify Nike. It was discovered in 1863. It was created to both honors Nike the goddess and the sea battle. It usually conveys a sense of triumph and action. Moreover, it portrays artful drapery that flows through the futures which were conside red ideal to the Greeks. The Samothrace winged victory was also called the Nike of Samothrace, a third century marble sculptor, presumably originated from Rhodian. Despite its incompleteness and significant damage, victory was considered a great surviving sculpture masterpiece from Hellenistic period. This statue shows mastery form of movement that impresses artists and critics since its discovery3. According to the Greeks, their victory goddess (Nike) was a very beautiful lady endowed with wings. The exceptional monument rose upon Samothrace isle that was set in a niche which overlooked the great god’s sanctuary and celebrate sea success. Here, the goddess stands on prow of galley; it resisted the gusty storm while putting her right arm high. This was an ex-voto of the victory by Rhodians which was won at the 2nd century start. Compare and contrast Tutankhamun’s inner coffin sarcophagus against the Nike victory of Samothrace. Tutankhamun coffin consist of gilded shrin es nested one inside the other hence the innermost is covered with a stone sarcophagus while the Nike of Samothrace stood originally on the marble bow of a sculpted worship, a monument that commemorated a victory of naval. Inside the Tutankhamun, there are three coffins, the innermost being made of 110 kg of solid gold where Pharaoh body is being laid wearing the famous gold mask. However, Nike of Samothrace is designed in manner that seems as if she is landing a fierce headwind with her great wings still

Vital Knowledge Assets Protection Planning Service Essay

Vital Knowledge Assets Protection Planning Service - Essay Example High turnover rates have caused companies to become stagnant in terms of advancement of knowledge. Knowledge sharpens individuals’ skills, increases association productivity and drives innovation Beazley, H. (2003). Knowledge is highly perishable, increases with sharing and is cumulative Beazley, H. (2003). Retirements of experienced and knowledgeable professionals as well as many employees leaving the organization have caused companies lacking valuable knowledge for advancement. A major consumer products company had to delay the launch of its new products due to technical difficulties and lost a major market share because its competitor had launched the same product during that time period. The agony was that the company had developed the solution to those technical problems, fifteen years ago but those who had developed it and had the knowledge to implement it, had retired. The new professionals did not have the knowledge, nor did they know that the system was in place, Fiel d, A. (2003).Disaster may be termed as a happening or an attack by a malicious attacker or a rival or some mishap that may cause knowledgeable employees to leave the company, O’Sullivan, K. (2010). Such disasters may cause harm to the data that the company possesses or the knowledge that the company has. With competition increasing at such a high pace, complying with ethics is a thing of the past. Disaster may strike in the form of data being corrupted, data being stolen or knowledgeable professionals being lured away. The key question is how a firm may keep itself safe from such disasters and happenings? The first part focuses on the safety of data from disasters. The biggest threat to data security is what the data managers do not know about O’Sullivan, K. (2010). Data storage managers only to cover the basics of security and are exposed to many vulnerabilities. They are exposed to threats from viruses and hackers through their storage web interfaces. In order to avoid this business must have a data recovery plan or DR.

Mutual Funds Essay Example | Topics and Well Written Essays - 1250 words

Mutual Funds - Essay Example Mutual funds are securities that are registered with the Securities and Exchange Commission (SEC). Broadly speaking, they are composed of stocks, bonds, short-term money market instruments, and other securities that function as a means of hedging against possible declines in a security or investment sector. The main understanding is that this diversified approach will provide the investor an option that protects them against market fluctuations, as when one security drops in value, another will increase. A manager or board of directors oversees these funds. The board hires a fund manager and works to ensure that the mutual fund is managed in the intended interest of the shareholders. This essay examines the advantages, disadvantages, and different types of mutual funds. Advantages There are a great variety of advantages to investing in mutual funds. One of the most prominent such aspects is the increased amount of diversification. In terms of portfolio theory, diversification constit utes perhaps the most overarching concept. Essentially diversification is the gathering together of diverse investment securities as a means of guarding against the failure of one specific sector. While it is possible for investors to diversify their portfolio through a widespread purchase of stocks, such a process is both extensive and also contains liquidity issues. In terms of liquidity, most brokerage firms attach a fee to individual trades, such that an individual attempting to withdraw money from a portfolio of diversified stocks would be required to pay a series of fees; mutual funds offer liquidity in terms of one direct and easily accomplished sale (Pozen, Hamacher, 2011). Another prominent advantage of mutual funds is that they operate in terms of economies of scale. Essentially the equivalent of economies of scale is volume discounts in department stores. In the context of mutual funds, a wide variety of investment funds are collated allowing the fund manager to gain grea ter value per purchase (Pozen, Hamacher, 2011). Divisibility is another prominent advantage to investing in mutual funds. Divisibility can be understood in terms of the purchase of a wide variety of stocks. It’s noted that, â€Å"Smaller denominations of mutual funds provide mutual fund investors the ability to make periodic investments through monthly purchase plans while taking advantage of dollar-cost averaging† ("Advantages of mutual," 2009). Essentially this indicates that through a mutual fund, an individual with modest means is able to invest in a great amount more stocks than they would if they only purchased the securities on their own. This allows for considerably greater amounts of diversification. Another prominent benefit of investing in mutual funds is that they are under professional management. The obvious implications of this are that an experienced and knowledgeable professional will be overseeing the securities and investment strategy. Ultimately, th e cumulative advantage of these benefits makes mutual funds an attractive option for conservative or inexperienced investors. Disadvantages While there are a great variety of advantages to investing in mutual funds, there are also a number of prominent disadvantages. Even as mutual funds offer a generally conservative investment option as compared to stocks, precious metals, or derivatives, there is nonetheless a degree of risk associated. The main understanding in these regards is that even with extensive levels of diversification, macroeconomic elements oftentimes contribute to a large-scale market decline. In these regards, individuals that do not have the financial wealth or patience to out-wait market downturns might find mutual funds an unattractive option

Tom's Shoes Link to Society Essay Example | Topics and Well Written Essays - 500 words

Tom's Shoes Link to Society - Essay Example He was hurt by this condition and felt the need to do good and help those children he saw in the streets. He promised himself that he was to do anything possible to help these children hence Blake and his team decided to take a financial risk and started shoes manufacturing company. He decided that, for every pair of shoes purchased, a pair is donated to the needy child in the society (Schermerhorn 148). Furthermore, children not only in Argentina, but also across the world that many live under poverty life and cannot even afford even the basic needs. These children walk barefoot hence get infected by soil diseases, which go through their bare foot. Most children are likely to get sores, cuts and other injuries that later become serious wounds increasing the infections of diseases to their bodies. In order to avoid these shoes play an essential role in preventing children and even adults in poor rural areas from getting infected from these diseases. On the other hand, children from poor families do not go to school due to lack of shoes, which is part of school dress code. Meaning these children will not go to school to get the education that will help them better their future. Therefore, TOMS has promoted education since many children who never went to school because they lacked shoes now can go to school and there is a reduction in the high spread of soil diseases that infect the p oor in society. The company dispersed ten thousand pairs of shoes to needy children in Argentina in the year 2006. It has also distributed shoes to needy children in over 40 countries across the world among them Rwanda, USA, Argentina, South Africa, Rwanda, Haiti among many other developing countries. As a result, the organization has attracted many donors and has received grants and funds from them. This made the company expand its business and

Corporate responsibility Essay Example | Topics and Well Written Essays - 1750 words

Corporate responsibility - Essay Example The chief business drivers are: It is turning obvious that leading companies of the future will have tasks and plans to continually enhance shareholder worth but as an essential part of those policies will also identify and proceed upon the latent for: Companies do not recompense the full costs of their impact. For example the costs of cleaning pollution frequently fall on society in common. As a result profits of corporations are improved at the cost of environmental or social welfare. Whilst directives are required in certain conditions, over regulation creates blockades to access into a market. These barriers raise the opportunities for surplus profits, to the delight of the market contributors, but do little to serve the interests of people as a whole. One of the outstanding improvements in the vicinity of business through the past thirty years is the rise to eminence of corporate responsibility. ... In order to draw quality workers, it is crucial for companies to propose better pay and conditions which directs to an overall augment in standards and to prosperity creation. Investment in less developed countries adds to the wellbeing of those societies, despite that these countries have fewer protections in place for workers. Whilst directives are required in certain conditions, over regulation creates blockades to access into a market. These barriers raise the opportunities for surplus profits, to the delight of the market contributors, but do little to serve the interests of people as a whole.Emergence of Corporate Responsibility (CR) One of the outstanding improvements in the vicinity of business through the past thirty years is the rise to eminence of corporate responsibility. Corporate responsibility (CR) has appeared as the leading metaphorical casing for the legitimating contemporary capitalism. While supporting the quest of profits for shareholders / owners, CR pressurizes the answerability of corporations towards a wider network of stakeholders, and for communal and ecological outcomes more normally. Consequently, CR sets a larger outlook of self-interest than is ordered by free-market convention. Rhetorically, CR appeals to defenders and to critics of the worldwide socioeconomic status quo. CR is potentially a hegemonic idea because it accomplishes significant practical necessities of universal capitalism, while being acquiescent enough to lodge critics of the status quo too. In either case, CR is neither monolithic nor evenly distributed. There is considerable disparity in the excellence and extent of CR participation, as well as in the time of CR commencement in different authorities. By 'corporate responsibility'

Included in the description Research Proposal Example | Topics and Well Written Essays - 1000 words

Included in the description - Research Proposal Example conflict is the family-to-work conflict where a person is not able to fulfill his work responsibilities due to family demands (Medalia & Jacobs, 2008, p.138). However, in today’s competitive and fast paced world, the most dominant and common type of work-family conflict that is found in people’s life is the ‘work-to-family’ conflict. However, the aspect of work life that is playing a major role in causing work-family conflict is the â€Å"long work hours†. Long work hours are not only disrupting the fulfillment of family responsibilities, but are also posing a strong threat to the unity, bonding and peace between the family members by causing lack of family time, dissatisfaction in need fulfillment, emotional distress and poor role performance by working adults (Medalia & Jacobs, 2008, p.138). To resolve the work-family conflict, it is highly important to understand how â€Å"long work hours† have become a major threat to the peace of the soci ety by affecting the family lives of professionals. Hence, the purpose of this research is to study and review the literature in the field of family psychology, industrial/organizational psychology and occupational psychology to explore the ways in which â€Å"long work hours† destroy the marriage lives and the family lives of the adults who work. The first and major types of work demands that causes the work-family conflict are the time based work demands (Medalia & Jacobs, 2008, p.138). Working on weekends, night shifts and non-standard work schedules are the different time based demands that disrupt the family routines and family roles of the adults who work (Medalia & Jacobs, 2008, p.138). However, the type of time based work demand that proves most hazardous to the family life of a person is the â€Å"long work hours†. â€Å"Long work hours† have various negative effects on the life of a person who works and hence, harms the peace of the family in many ways. This research is intended to find out in what ways do long