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Accountants aid company managers in making critical decisions pertaining to capital budgeting and in particular relating to selecting investments and finally post auditing those investments. Specific capital budgeting models help accountants throughout these phases with the organization of an abundance of information. For example, there are Discounted Cash Flow Models allow for accountants to actively participate in specifically in phases two and three.
2) Distinguish between job costing and process costing. (Chapter 14)
Student 1: Job Costing, also known as job order costing provides a cost to a product or item that is typically identified by individual "units or batches" and that each demand a need for a specified skill or degree of attention (page 577). Some examples of companies that typically utilize job costing include printing, furniture, aircraft,...
The possibility and likelihood of mass ordering is feasible due to the need for the same products or parts for each order. The cost per unit is the same for each unit.
Student 2: The way of measuring product cost is the greatest difference between job costing and process costing. Job costing gives a specific cost to a particular action or job, which can pertain to a particular unit or to a series of like units. Job costing determines the cost based on the number of orders or jobs. An example includes a vehicle repair shop where each order is different and requires different parts. Process costing deals with masses of units and determines the cost per unit . For example, process costing takes place in an automobile assembly line where…
Student Bullying/Discipline 1. Abstract According to the Illinois Legal Aid Online (2018) Bullying can be understood as the aggressive and unwanted traits espoused by school going children. The traits entail some perceived or real power imbalance. Some of the students will use this power (such as their physical strength, popularity, access to privileged information) to harm, blackmail or harm other students. This behavior has to be repeated or have the potential of
Curriculum and Instruction Compare and contrast the bottom-up curriculum and the top-down curriculum. Discuss instructional objectives, materials, learning environment, instructional strategies, and assessment. The top-down belief system related to curriculum centers on reading for meaning. Teachers who hold this philosophy of reading instruction stress engaging language arts activities that students find relevant and interesting. Indeed, teacher with this top-down perspective of reading curriculum are likely to encourage students to select their own
Pedagogic Model for Teaching of Technology to Special Education Students Almost thirty years ago, the American federal government passed an act mandating the availability of a free and appropriate public education for all handicapped children. In 1990, this act was updated and reformed as the Individuals with Disabilities Education Act, which itself was reformed in 1997. At each step, the goal was to make education more equitable and more accessible to
The Rise of Collective Bargaining According to Brody (1993), the collective agreement signed between unions and employers meant that the unions were no longer pushing for activism, but rather they were running the unions as a business. The unions were mostly concerned with ensuring that employees had job security and they worked hard to quell any disturbances that might arise. With employees working as expected and employers willing to pay the
A deposition is "conducted by parties to a legal action to obtain information that cannot as readily be learned through written records or general investigation. During a deposition, the lawyer for one side orally questions a witness on the opposing side. In addition to the defendants named in a lawsuit being deposed, others called to deposition can be fact witnesses" (Preparing for a deposition, 2011, World Law). Above all, preparation
Long-Term Debt 1st Student: According to Cleverley, Song and Cleverley (2011), there are four options for health care organizations for finding long-term debt financing. These four options are tax-exempt revenue bonds, Federal Housing Administration (FHA)-insured mortgages, public taxable bonds and conventional mortgage financing. Tax-exempt revenue bonds are issued against the facility's revenue and these are a low-cost source of debt financing. FHA-insured mortgages need to be approved, which is a tricky process.