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MKT 505 Week 10 Assignment 3 – Strayer
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Assignment 3: Entry Plan into International Market
Due Week 10 and worth 300 points
This assignment will provide you with firsthand experience in developing a strategic marketing plan for entering a new international market. Choose a global company that you are familiar with for this paper. Note: Do not use a company from a previous assignments or discussions.
Use the Internet or Strayer Library to research the following components of the global company that you have chosen:
- Company Profile (History & Analysis)
- Product(s)
- Financial Status
- Market Position
- Analysis of current global operating environments
- Integrated marketing communication (IMC) Strategy
- Strengths and Weaknesses Analysis
- Sustainable Competitive Advantage(s) enjoyed by the firm
- Sources of funds for the project
- Pro-Forma Balance Sheet & Income Statement for five (5) years
- Cash-Flow Statement
Note: You may also use the following resource for your research:
§ Financial profiles for global companies:
(http://news.morningstar.com/stockReturns/CapWtdIndustryReturns.html)
Write an eight to ten (8-10) page paper in which you:
Choose a country into which the company you selected may expand. Note: Ensure that the country you chose is currently not doing business with the selected company in any capacity (e.g., exporting, FDI, or contract manufacturing).
Develop a brief profile of the country that you have chosen. The summary should include:
a. Geographic and historical data regarding international business
b. Political and legal environment for conducting international business
c. Business customs and practices
d. Economic environment
e. Socio-economic analysis which should include the factors of concern (e.g., population characteristics, language, GDP, taxation, personal income, labor, industries, communication networks, imports / exports, and major trading partners’ countries).
Note: Refer the following resource to complete this criterion of the assignment:
§ A Basic Guide to Exporting Contents
(http://export.gov/basicguide/eg_main_017244.asphttp://news.morningstar.com/stockReturns/CapWtdIndustryReturns.html)
§ Business week’s Magazine covering Global Marketing
http://bx.businessweek.com/global-marketing/[km1]
Ascertain the possibility and feasibility of financial, distribution, and marketing partnerships for the company within the chosen country. Your research should include:
a. Market structure and analysis (e.g., channels- direct or indirect)
b. Currency considerations
c. e-Commerce
d. Impact of regional and global trade integration
e. Potential volume of trade
f. The marketing mix components
g. Key cultural dimensions affecting marketing operations
Analyze the key reasons why the entering the market in the country that you have chosen is justified. Include your research and analysis from Criteria 1 and 2 of this assignment to support the response.
Determine at least three (3) potential risks of foreign market expansion into the country that you have chosen (e.g., language barriers, regulatory, taxation, expropriation, etc.). Suggest one (1) strategy to mitigate each risk that you have determined using weighted metrics with a baseline number(s).
Determine at least three (3) potential benefits of foreign market expansion into the country that you have chosen. Suggest one (1) strategy to maximize each benefit that you have determined.
Suggest at least two (2) ways in which you would adapt the operational strategies of your chosen company both to fit the changing dynamics of foreign markets and to foster a competitive advantage for the company.
Use at least six (6) academic resources in this assignment. Note: Wikipedia and other similar Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
· Formulate, implement, and evaluate effective marketing strategies based on an analysis of global operating environments, market dynamics, and internal capabilities.
· Analyze the major economic, cultural, and political / legal aspects of the international business environment, including the economic dynamics of foreign trade, impact of regional and global trade integration, and key cultural dimensions affecting marketing operations.
· Assess the potential risks and benefits of various international markets and formulate effective market entry strategies to support foreign market expansion.
· Integrate global information systems in the use of market research.
· Integrate the concepts of market segmentation, product development, and pricing policies into viable marketing strategy to fit a variety of international market environments.
· Construct product distribution channels and logistics to meet marketing objectives and fit a variety of global market environments.
· Analyze an integrated marketing communication (IMC) strategy to support global marketing operations.
· Integrate global e-Commerce into the marketing strategy.
· Evaluate and adapt corporate marketing strategies to fit the changing dynamics of foreign markets and foster a competitive advantage.
· Use technology and information resources to research issues in international marketing.
· Write clearly and concisely about international marketing using proper writing mechanics.
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CIS 555 Week 10 Term Paper – Strayer New
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Term Paper: Reengineering the Course Enrollment Process
Consider Strayer University’s current process of enrolling for courses through the use of the Web. Suppose that the University has contracted you to reengineer the enrollment process that considers the Web and other modes of input. The expectation is that you will gather information from current system users, analyze the collected data, propose a solution, and provide a requirements document.
Assume that your professor has been tasked by the University to be the stakeholder for the reengineering of the enrollment process. Assume further that you are the analyst that will propose and document the system-as-is and system-to-be. A discussion thread has been set up by your professor so that you will post questions for the professor as the stakeholder for questions pertaining to this project.
Write a ten to fifteen (10-15) page paper in which you:
Determine the following from all the stakeholders:
a. strategic objectives
b. functional services
c. environmental assumptions
Propose four (4) techniques that you would use to gather information and documents, create diagrams, and document the process as is. Determine which of these techniques you prefer for the enrollment process.
Propose how you would model the system behavior to show suggested changes to the current process. Defend why you chose the model that you did to show the suggested changes.
Propose how you would:
a. perform a risk analysis on the reengineered process.
b. identify obstacles to the reengineered process.
c. evaluate obstacles to the reengineered process.
Create a graphical depiction of the parts of the enrollment process system-as-is and another graphical depiction of the enrollment process system-to-be that you would reengineer using Visio or an equivalent such as Dia. Note: The graphically depicted solution is not included in the required page length.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
Include charts or diagrams created in Visio or an equivalent such as Dia. The completed diagrams/charts must be imported into the Word document before the paper is submitted.
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ACC 563 Week 10 Quiz – Strayer NEW
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Week 10 Quiz 8: Chapters 15 and 16
Chapter 15
Multiple Choice
1. For a compensatory stock option plan for which the date of grant and measurement date are the same, compensation cost should be recognized in the income statement
a. At the date of retirement
b. Of each period in which services are rendered
c. At the exercise date
d. At the adoption date of the plan
Answer
2. Payment of a dividend in stock
a. Increases the current ratio
b. Decreases the amount of working capital
c. Increases total stockholders’ equity
d. Decreases book value per share of stock outstanding
Answer
3. The directors of Corel Corporation, whose $40 par value common stock is currently selling at $50 per share, have decided to issue a stock dividend. The corporation has an authorization for 200,000 shares of common, has issued 110,000 shares of which 10,000 shares are now held as treasury stock, and desires to capitalize $400,000 of the retained earnings balance. To accomplish this, the percentage of stock dividend that the directors should declare is
a. 10
b. 8
c. 5
d. 2
Answer
4. When a stock dividend is small, for example a 10% stock dividend,
a. Retained earnings is not reduced because the dividend is immaterial .
b. Retained earnings is reduced by the fair value of the stock.
c. Retained earnings is reduced to the par value of the stock.
d. Paid-in capital in excess of par value is unaffected.
Answer
5. The par value method of reporting a treasury stock transaction
a. Will be reported in the balance sheet as a reduction of total stockholders’ equity.
b. Results in no change to total stockholders’ equity.
c. Results in a reduction in the number of shares that are available to be sold to prospective investors.
d. Assumes constructive retirement of the treasury shares.
Answer
6. On December 31, 2010, when the Conn Company’s stock was selling at $36 per share, its capital accounts were as follows
Capital stock (par value $20,
100,000 shares issued) $2,000,000
Premium on capital stock 800,000
Retained Earnings 4,550,000
If a 100 percent stock dividend were declared and the par value per share remained at
$20
a. No entry would need to be made to record the dividend
b. Capital stock would increase to $5,600,000
c. Capital stock would increase to $4,000,000
d. Total capital would decrease
Answer
7. A company has not paid dividends on its cumulative nonvoting preferred stock for 20 years.
Healthy earnings have been reported each year, but they have been retained to support the growth of the company. The board of directors appropriately authorized management to offer the preferred shareholders an exchange of bonds and common stock for all the preferred stock. The exchange is about to be consummated. Which of the following best describes the effect of the exchange on the company?
a. The statute of limitations applies; hence, cumulative dividends of only seven years need to be paid on the preferred stock exchanged.
b. The company should record an extraordinary gain for income determination purposes to the extent that dividends in arrears do not have to be paid in the exchange transaction.
c. Gain or loss should be recognized on the exchange by the company, and the exchange would have to be approved by the Securities and Exchange Commission.
d. Regardless of the market value of the bonds and common stock, no gain or loss should be recognized by the company on the exchange, and no dividends need to be paid on the preferred stock exchanged.
Answer
8. A restriction of retained earnings is most likely to be required by the
a. Exhaustion of potential benefits of the investment credit
b. Purchase of treasury stock
c. Payment of last maturing series of a serial bond issue
d. Amortization of past service costs related to a pension plan
Answer
9. A feature common to both stock splits and stock dividends is
a. A reduction in total capital of a corporation
b. A transfer from earned capital to paid-in capital
c. A reduction in book value per share
d. Inclusion in conventional statement of source and application of funds
Answer
10. Assuming the issuing company has only one class of stock, a transfer from retained earnings to capital stock equal to the market value of the shares issued is ordinarily a characteristic of
a. Either a stock dividend or a stock split
b. Neither a stock dividend nor a stock split
c. A stock split but not a stock dividend
d. A stock dividend but not a stock split
Answer
11. When a stock option plan for employees is compensatory, the measurement date for determining compensation cost is the
a. Date the option plan is adopted, provided it precedes the date on which the options may first be exercised by less than one operating cycle
b. Date on which the options may first be exercised (if the first actual exercise is within the same operating period) or the date on which a recipient first exercises any of his options
c. First date on which are known both the number of shares than an individual employee is entitled to receive and the option or purchase price, if any
d. Date each option is granted
Answer
12. As a minimum, how large in relation to total outstanding shares may a stock distribution be before it should be accounted for as a stock split instead of a stock dividend?
a. No less than 2 to 5 percent
b. No less than 10 to 15 percent
c. No less than 20 to 25 percent
d. No less than 45 to 50 percent
Answer
13. The dollar amount of total stockholders’ equity remains the same when there is a (an)
a. Issuance of preferred stock in exchange for convertible debentures
b. Issuance of nonconvertible bonds with detachable stock purchase warrants
c. Declaration of a stock dividend
d. Declaration of a cash dividend
Answer
14. A company with a substantial deficit undertakes a quasi-reorganization. Certain assets will be written down to their present fair market value. Liabilities will remain the same. How would the entries to record the quasi-reorganization affect each of the following?
Contributed Capital Retained Earnings
a. Increase Decrease
b. Decrease No effect
c. Decrease Increase
d. No effect Increase
Answer
15. What is the most likely effect of a stock split on the par value per share and the number of shares outstanding?
Par Value Number of shares
Per shareoutstanding
a. Decrease Increase
b. Decrease No effect
c. Increase Increase
d. No effect No effect
Answer
16. Gilbert Corporation issued a 40percent stock split-up of its common stock that had a par value of $10 before and after the split-up. At what amount should retained earnings be capitalized for the additional shares issued?
a. There should be no capitalization of retained earnings
b. Par value
c. Market value on the declaration date
d. Market value on the payment date
Answer
17. How would the declaration and subsequent issuance of a 10 percent stock dividend by the issuer affect each of the following when the market value of the shares exceeds the par value of the stock?
Common Stock Additional Paid-in Capital
a. No effect No effect
b. No effect Increase
c. Increase No effect
d. Increase Increase
Answer
18. A company with a $2,000,000 deficit undertakes a quasi-reorganization on November 1, 2010. Certain assets will be written down by $400, 000 to their present fair market value. Liabilities will remain the same. Capital stock was $3,000,000 and additional paid-in capital was $1,000,000 before the quasi-reorganization. How would the entries to accomplish these changes on November 1, 2010, affect each of the following?
Capital Stock Total Stockholders’ Equity
a. No effect No effect
b. No effect Decrease
c. Decrease Decrease
d. Decrease No effect
Answer
19. How would a stock split affect each of the following?
Total Stockholders’ Additional
AssetsEquityPaid-in Capital
a. Increase Increase No effect
b. No effect No effect No effect
c. No effect No effect Increase
d. Decrease Decrease Decrease
Answer
20. The purchase of treasury stock
a. Decreases common stock authorized
b. Decreases common stock issued
c. Decreases common stock outstanding
d. Has no effect on common stock outstanding
Answer
21. The equation, assets = equities, expresses which of the following theories of equity?
a. Proprietary theory.
b. Commander theory.
c. Entity theory.
d. Enterprise theory.
Answer
22. Under the residual equity theory
a. A business is viewed as a social institution.
b. Management is responsible for maximizing the wealth of common stockholders.
c. A manager’s goals are considered as important as those of the common stockholders.
d. Equities are viewed as restrictions on assets..
Answer
23. Under which of the theories of equity is a manager’s goals considered as important as those of the common stockholder.
a. Proprietary theory.
b. Commander theory.
c. Entity theory.
d. Enterprise theory.
Answer
24. Which of the theories of equity is consistent with the definition of equity that is found in Statement of Financial Accounting ConceptsNo. 6?
a. Proprietary theory.
b. Commander theory.
c. Entity theory.
d. Enterprise theory.
Answer
25. Which of the following securities must be reported as a liability because they have the characteristics of both liabilities and equity, but the liability characteristic is dominant?
a. Redeemable preferred stock.
b. Stock options issued with a debt security .
c. Detachable stock options.
d. Mandatorily redeemable preferred stock.
Answer
26. When a dividend paid to stockholders who own mandatorily redeemable preferred stock, the company must report the dividend
a. As an adjustment to retained earnings in its statement of owners’ equity .
b. As an expense in the income statement.
c. As a reduction to other comprehensive income.
d. In the financing activities section of the statement of cash flows.
Answer
27. When preferred stock is converted to common stock
a. The debt-to-equity ratio decreases.
b. The debt-to-equity ratio increases.
c. The debt-to-equity ratio is unchanged.
d. A gain or loss is reported in earnings for the difference between the fair value of the common stock and the book value of the preferred stock that was converted .
Answer
28. When employees are granted options as part of a compensatory stock option plan,
a. Total compensation is measured using a fair value method.
b. Total compensation is measured using the intrinsic method.
c. Total compensation is measured when the options are in the money.
d. Total compensation is measured using the difference between the strike price and the fair value of the options on the grant date.
Answer
Essay
1. Discuss the following theories of equity:
a. Proprietary
b. Entity
c. Fund
d. Commander
e. Enterprise
f. Residual equity
2. What is mandatorily redeemable preferred stock and how is it accounted for under the provisions of SFAS No. 150 (FASB ASC 480-10)?
3. List and discuss four advantages of the corporate form of organization..
4. Discuss the components of a corporation’s balance sheet capital section.
5. Discuss the following special features of preferred stock:
a. Convertible
b. Call
c. Cumulative
d. Participating
e. Redemption
6. How did SFAS No. 123R change accounting for stock options?
7. Define and discuss accounting for stock warrants.
8. Discuss the difference between a stock dividend and a stock split. Include in your discussion, the reasons a company might issue either a stock dividend or a stock split.
9. Define and discuss the two methods of accounting for treasury stock.
10. Obtain the financial statements of a company and ask the students to compute the:
a. Return on common stockholders’ equity.
b. Financial structure ratio
EXAMPLE TEST QUESTIONS
Chapter 16
Multiple Choice
1. Consolidated statements are proper for Neely, Inc., Randle, Inc., and Walker, Inc., if
a. Neely owns 80 percent of the outstanding common stock of Randle and 40 percent of Walker; Randle owns 30 percent of Walker.
b. Neely owns 100 percent of the outstanding common stock of Randle and 90 percent of Walker; Neely bought the stock of Walker one month before the balance sheet date and sold it seven weeks later.
c. Neely owns 100 percent of the outstanding common stock of Randle and Walker; Walker is in legal reorganization.
d. Neely owns 80 percent of the outstanding common stock of Randle and 40 percent of Walker; Reeves, Inc., owns 55 percent of Walker.
Answer
2. On October 1, Company X acquired for cash all of the outstanding common stock of Company Y. Both companies have a December 31 year end and have been in business for many years. Consolidated net income for the year ended December 31 should include net income of
a. Company X for3 months and Company Y for 3 months
b. Company X for 12 months and Company Y for 3 months
c. Company X for 12 months and Company Y for 12 months
d. Company X for 12 months, but no income from Company Y until Company Y distributed a dividend
Answer
3. Arkin, Inc., owns 90 percent of the outstanding stock of Baldwin Company. Curtis, Inc., owns 10 percent of the outstanding stock of Baldwin Company. On the consolidated financial statements of Arkin, Curtis should be considered as
a. A holding company
b. A subsidiary not to be consolidated
c. An affiliate
d. A noncontrolling interest
Answer
4. A sale of goods, denominated in a currency other than the entity’s functional currency, resulted in a receivable that was fixed in terms of the amount of foreign currency that would be received. Exchange rates between the functional currency and the currency in which the transaction was denominated changed. The resulting gain should be include as a (an)
a. Other comprehensive income
b. Deferred credit
c. Component of income from continuing operations
d. Extraordinary item
Answer
5. Which of the following is not a consideration in segment reporting for diversified enterprises?
a. Allocation of joint costs
b. Transfer pricing
c. Defining the segments
d. Consolidation policy
Answer
6. Which of the following is the appropriate basis for valuing fixed assets acquired in a business combination carried out by exchanging cash for common stock?
a. Historic cost
b. Book value
c. Cost plus any excess of purchase price over book value of asset acquired
d. Fair value
Answer
7. Goodwill represents the excess of the cost of an acquired company over the
a. Sum of the fair values assigned to identifiable assets acquired less liabilities assumed
b. Sum of the fair values assigned to tangible assets acquired less liabilities assumed
c. Sum of the fair values assigned to intangible assets acquired less liabilities assumed
d. Book value of an acquired company
Answer
8. The theoretically preferred method of presenting noncontrolling interest on a consolidated balance sheet is
a. As a separate item with the deferred credits section
b. As a reduction from (contra to) goodwill from consolidation, if any
c. By means of notes or footnotes to the balance sheet
d. As a separate item within the stockholders’ equity section
Answer
9. Meredith Company and Kyle Company were combined in an acquisition transaction. Meredith was able to acquire Kyle at a bargain price. The sum of the market or appraised values of identifiable assets acquired less the fair value of liabilities assumed exceeded the cost to Meredith. After revaluing noncurrent assets to zero there was still some of the bargain purchase amount remaining (formerly termed negative goodwill). Proper accounting treatment by Meredith is to report the amount as
a. An extraordinary item
b. Part of current income in the year of combination
c. A deferred credit and amortize it
d. Paid-in capital
Answer
10. When translating foreign currency financial statements, which of the following accounts would be translated using current exchange rates?
Property, Plant, and Inventories
Equipment carried at cost
a. Yes Yes
b. No No
c. Yes No
d. No Yes
Answer
11. In financial reporting for segments of a business enterprise, the operating profit or loss of a segment should include
Reasonably allocated
Common Traceable
Operating costs operating costs
a. No No
b. No Yes
c. Yes No
d. Yes Yes
Answer
12. The profitability information that should be reported for each reportable segment of a business enterprise consists of
a. An operating profit-or-loss figure consisting of segment revenues less traceable costs and allocated common costs
b. An operating profit-or-loss figure consisting of segment revenues less traceable costs but not allocated common costs
c. An operating profit-or-loss figure consisting of segment revenues less allocated common costs but not traceable costs
d. Segment revenues only
Answer
13. A foreign subsidiary’s function currency is its local currency that has not experienced significant inflation. The weighted average exchange rate for the current year would be the appropriate exchange rate for translating
Sales to
Wages expense Customers
a. Yes Yes
b. Yes No
c. No No
d. No Yes
Answer
14. A subsidiary’s functional currency is the local currency that has not experienced significant inflation. The appropriate exchange rate for translating the depreciation on plant assets in the income statement of the foreign subsidiary is the
a. Exit exchange rate
b. Historical exchange rate
c. Weighted average exchange rate over the economic life of each plant asset
d. Weighted average exchange rate for the current year
Answer
15. In a business combination that is accounted for under the acquisition method the entity that obtains control over one or more businesses and establishes the acquisition date that control was achieved is called the
a. Controller.
b. Acquirer.
c. Proprietor.
d. Controlling interest.
Answer
16. Under the acquisition method for a business combination, the cost incurred to effect the business combination, such as finders and legal fees are
a. Considered part of the historical cost of the business.
b. Expensed as incurred.
c. Allocated, along with the purchase price of the acquired company’s stock to the assets of the acquiree company.
d. Deferred until a full accounting of all costs to acquire the acquire company are known.
Answer
17. Under which of the theories of equity is a manager’s goals considered as important as those of the common stockholder.
a. Proprietary theory.
b. Commander theory.
c. Entity theory.
d. Enterprise theory.
Answer
18. For a business combination, we measure all assets and liabilities of an acquired company at fair value. Fair value
a. Is an exit value.
b. Is an entry value.
c. Is an appraisal value.
d. Can be either an exit value or an entry value depending on the circumstances.
Answer
19. Under the acquisition method of accounting for a business combination, restructuring costs are
a. Capitalized and amortized over a period not exceeding ten years.
b. Fees paid to lawyers and accountants to bring about the business combination .
c. Costs incurred to effect the business combination.
d. Treated as post acquisition expenses.
Answer
20. Under the acquisition method of accounting for a business combination, goodwill is equal to
a. The acquired company’s ability to generate excess profits .
b. The excess of the cost of the acquisition plus the fair value of the noncontrolling interest over the fair value of the acquiree’s net assets.
c. The excess of the cost of the acquisition over the fair value of the acquiree’s net assets.
d. The excess of the fair value of acquiree’s net assets over the cost of acquisition.
Answer
21. Under the acquisition method of accounting for a business combination, a bargain purchase is
a. Reported as goodwill in the balance sheet.
b. Tested annually for impairment.
c. Reported as a gain in the income statement.
d. Reported as an adjustment to other comprehensive income.
Answer
22. The acquisition method of accounting for a business combination is consistent with
a. Entity theory.
b. Proprietary theory.
c. Parent company theory.
a. Residual interest theory.
Answer
23. Under the acquisition method of accounting for a business combination when the parent company has acquired only 90% of the voting stock of a subsidiary,
a. 10% of the goodwill will be reported in a separate section of the balance sheet because it belongs to the noncontrolling interest .
b. The consolidated balance sheet will report 100% of the value of goodwill.
c. The consolidated balance sheet will report 90% of the value of goodwill.
d. Goodwill will be amortized over its useful life or 40 years whichever comes first.
Answer
24. The noncontrolling interest in a subsidiary is reported in the consolidated balance sheet
a. As an investment.
b. As a liability.
c. At fair value, as determined on the acquisition date.
d. As an element of stockholders’ equity.
Answer
Essay
1. List and explain three reasons why businesses combine.
2. Discuss the issues that are to be addressed in an acquisition method business combination effected by an exchange of equity shares.
3. How is the recorded cost determined in an acquisition business combination?
4. What are the two principles that are used to guide the preparation of consolidated financial statements?
5. Explain the concept of control as it applies to recording consolidated financial statement.
6. Discuss the following two theories of consolidation:
a. Entity
b. Patent company
7. Define noncontrolling interest. Historically, how has noncontrolling interest been disclosed on corporate balance sheets
8. According to SFAS No. 131(FASB ASC 280-10-50-20 to 25), what information should be disclosed for each operating segment?
9. How are operating segments defined by SFAS No. 131 (FASB ASC 280-10-50-1)?
10. Discuss the criteria used to determine if an operating segment is a reportable segment.
11. Discuss how foreign currency translation occurs under each of the following methods
a. Current – noncurrent
b. Monetary – nonmonetary
c. Current
d. Temporal
12. How does SFAS No. 52 (FASB ASC 830) define functional currency?
13. What are the two situations in which the local currency would not be the functional currency:?
14. Discuss the difference between translation and remeasurement.
15. Describe the four general procedures involved in the foreign currency translation process when the local currency is defined as the functional currency.
16. How are noncontrolling interested defined in IAS No. 27 and where are they to be disclosed?
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PAD 500 Week 10 Assignment 4 – Strayer
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Assignment 4: The Management of Human Resources
Due Week 10 and worth 210 points
Using the Case Study: A Change of Management (PDF), prepare a PowerPoint Presentation of 6 to 8 slides addressing the following:
1. Identify and explain four (4) key attributes of Larry Frymire’s leadership style.
2. Identify and explain four (4) major influences from the tug-of-war between Frymire’s role as leader and the newly elected governor.
3. Select and assess four (4) of Frymire’s responses to the budget issues in the changing political environment.
4. Research and cite at least four (4) peer-reviewed academic sources.
The format of the assignment is to be as follows:
Six to eight (6-8) PowerPoint slides, with one or two devoted to each of the topics in items 2–4 above. Slides should abbreviate the information in no more than five or six (5 or 6) bullet points each.
In the Notes View of each PowerPoint slide, incorporate the notes you would use when presenting the slides to an audience.
Slide titles should be based on the criteria described above (e.g., “Four Key Attributes,” “Responses to Budget Issues,” etc.)
In addition to the content slides required, a title slide and a reference slide are to be included. The title slide is to contain the title of the assignment, your name, the instructor’s name, the course title, and the date. The reference slide should list, in APA format, the sources you consulted in writing the paper.
The specific course learning outcomes associated with this assignment are:
Analyze and apply concepts of planning and human resource management essential to the study of public administration as it relates to political choice.
Analyze and apply concepts of public leadership and management essential to the study of public administration.
Use technology and information resources to research issues in modern public administration.
Write clearly and concisely about modern public administration using proper writing mechanics.
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ACC 401 Week 10 Quiz – Strayer
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Quiz 9 Chapter 14
Reporting for Segments and for Interim Financial Periods
1. A component of an enterprise that may earn revenues and incur expenses, and about which management evaluates separate financial information in deciding how to allocate resources and assess performance is a(n)
a. identifiable segment.
b. operating segment.
c. reportable segment.
d. industry segment.
2. An entity is permitted to aggregate operating segments if the segments are similar regarding the
a. nature of the production processes.
b. types or class of customers.
c. methods used to distribute products or provide services.
d. all of these.
3. Which of the following is not a segment asset of an operating segment?
a. Assets used jointly by more than one segment.
b. Assets directly associated with a segment.
c. Assets maintained for general corporate purposes.
d. Assets used exclusively by a segment.
4. SFAS No. 131 requires the disclosure of information on an enterprise's operations in different industries for
1. each annual period presented.
2. each interim period presented.
3. the current period only.
a. 1
b. 2
c. 3
d. both 1 and 2
5. Which of the following is not required to be disclosed by SFAS No. 131?
a. Information concerning the enterprise's products.
b. Information related to an enterprise's foreign operations.
c. Information related to an enterprise's major suppliers.
d. All of the above are required disclosures.
6. To determine whether a substantial portion of a firm's operations are explained by its segment information, the combined revenue from sales to unaffiliated customers of all reportable segments must constitute at least
a. 10% of the combined revenue of all operating segments.
b. 75% of the combined revenue of all operating segments.
c. 10% of the combined revenue from sales to unaffiliated customers of all operating segments.
d. 75% of the combined revenue from sales to unaffiliated customers of all operating segments.
7. A segment is considered to be significant if its
1. reported profit is at least 10% of the combined profit of all operating segments.
2. reported profit (loss) is at least 10% of the combined reported profit of all operating segments not reporting a loss.
3. reported profit (loss) is at least 10% of the combined reported loss of all operating segments that reported a loss.
a. 1
b. 2
c. 3
d. both 2 and 3
8. Which of the following disclosures is not required to be presented for a firm's reportable segments?
a. Information about segment assets
b. Information about the bases for measurement
c. Reconciliation of segment amounts and consolidated amounts for revenue, profit or loss, assets, and other significant items.
d. All of these must be presented.
9. Current authoritative pronouncements require the disclosure of segment information when certain criteria are met. Which of the following reflects the type of firm and type of financial statement for which this disclosure is required?
a. Annual financial statements for publicly held companies.
b. Annual financial statements for both publicly held and nonpublicly held companies.
c. Annual and interim financial statements for publicly held companies.
d. Annual and interim financial statements for both publicly held and nonpublicly held companies.
10. An enterprise determines that it must report segment data in annual reports for the year ended December 31, 2011. Which of the following would not be an acceptable way of reporting segment information?
a. Within the body of the financial statements, with appropriate explanatory disclosures in the footnotes
b. Entirely in the footnotes to the financial statements.
c. As a special report issued separately from the financial statements.
d. In a separate schedule that is included as an integral part of the financial statements.
11. Selected data for a segment of a business enterprise are to be separately reported in accordance with SFAS No. 131 when the revenues of the segment is 10% or more of the combined
a. net income of all segments reporting profits.
b. external and internal revenue of all reportable segments.
c. external revenue of all reportable segments.
d. revenues of all segments reporting profits.
12. Long Corporation's revenues for the year ended December 31, 2011, were as follows
Consolidated revenue per income statement $800,000
Intersegment sales 105,000
Intersegment transfers 35,000
Combined revenues of all operating segments $940,000
Long has a reportable segment if that segment's revenues exceed
a. $80,000.
b. $90,500.
c. $94,000.
d. $14,000.
13. Revenue test
(dollars in thousands)
Wholesale Retail Finance
Segment Segment Segment
Sales to unaffiliated customers $3,600 $1,500 $-0-
Sales – intersegment 400 240 -0-
Loan interest income – intersegment -0- 120 900
Loan interest income – unaffiliated -0- 240 80
Income from equity method investees -0- 280 -0-
Determine the amount of revenue for each of the three segments that would be used to identify the reportable industry segments in accordance with the revenues test specified by SFAS 131.
Wholesale Retail Finance
a. $3,600 $1,500 $ -0-
b. 4,000 1,740 -0-
c. 4,000 1,980 980
d. 4,000 2,380 980
14. Which of the following is not part of the information about foreign operations that is required to be disclosed?
a. Revenues from external customers
b. Operating profit or loss, net income, or some other common measure of profitability
c. Capital expenditures
d. Long-lived assets
15. Eaton, Inc., discloses supplemental industry segment information. The following data are available for 2011.
Traceable
Segment Sales operating expenses
A $420,000 $255,000
B 480,000 300,000
C 300,000 165,000
$1,200,000 $720,000
Additional 2011 expenses, not included above, are as follows:
Indirect operating expenses $240,000
General corporate expenses 180,000
Appropriate common expenses are allocated to segments based on the ratio of a segment's sales to total sales. What should be the operating profit for Segment C for 2011?
a. $135,000
b. $ 75,000
c. $ 105,000
d. $ 30,000
16. Gant Company has four manufacturing divisions, each of which has been determined to be a reportable segment. Common operating costs are appropriately allocated on the basis of each division's sales in relation to Gant’s aggregate sales. Gant’s Delta division accounted for 40% of Gant's total sales in 2011. For the year ended December 31, 2011, Delta had sales of $5,000,000 and traceable costs of $3,600,000. In 2011, Gant incurred operating costs of $350,000 that were not directly traceable to any of the divisions. In addition, Gant incurred interest expense of $360,000 in 2011. In reporting supplementary segment information, how much should be shown as Delta's operating profit for 2011?
a. $1,400,000
b. $1,256,000
c. $1,260,000
d. $1,116,000
17. For external reporting purposes, it is appropriate to use estimated gross profit rates to determine the ending inventory value for
Interim Annual
Reporting Reporting
a. No No
b. No Yes
c. Yes No
d. Yes Yes
18. Inventory losses from market declines that are expected to be temporary
a. should be recognized in the interim period in which the decline occurs.
b. should be recognized in the last (fourth) quarter of the year in which the decline occurs.
c. should not be recognized.
d. none of these.
19. Gains and losses that arise in an interim period should be
a. recognized in the interim period in which they arise.
b. recognized in the last quarter of the year in which they arise.
c. allocated equally among the remaining interim periods.
d. deferred and included only in the annual income statement.
20. If a cumulative effect type accounting change is made during the first interim period of a year
a. no cumulative effect of the change should be included in net income of the period of change.
b. the cumulative effect of the change on retained earnings at the beginning of the year should be included in net income of the first interim period.
c. the cumulative effect of the change should be allocated to the current and remaining interim periods of the year.
d. none of these.
21. Which of the following does not have to be disclosed in interim reports?
a. Seasonal costs or expenses.
b. Significant changes in estimates.
c. Disposal of a segment of a business.
d. All of these must be disclosed.
22. For interim financial reporting, the effective tax rate should reflect
Anticipated Extraordinary
Tax Credits Items
a. Yes Yes
b. Yes No
c. No Yes
d. No No
23. Companies using the LIFO method may encounter a liquidation of base period inventories at an interim date that is expected to be replaced by the end of the year. In these cases, cost of goods sold should be charged with the
a. cost of the most recent purchases.
b. average cost of the liquidated LIFO base.
c. expected replacement cost of the liquidated LIFO base.
d. none of these.
24. In considering interim financial reporting, how did the Accounting Principles Board conclude that each reporting should be viewed?
a. As a "special" type of reporting that need not follow generally accepted accounting principles.
b. As useful only if activity is evenly spread throughout the year so that estimates are unnecessary.
c. As reporting for a basic accounting period.
d. As reporting for an integral part of an annual period.
25. When a company issues interim financial statements, extraordinary items should be
a. allocated to the current and remaining interim periods of the current year on a pro rata basis.
b. deferred and included only in the annual income statement.
c. included in the determination of net income in the interim period in which they occur.
d. charged or credited directly to retained earnings so that comparisons of interim results of operations will not be distorted.
26. If annual major repairs made in the first quarter and paid for in the second quarter clearly benefit the entire year, when should they be expensed?
a. An allocated portion in each of the last three quarters
b. An allocated portion in each quarter of the year
c. In full in the first quarter
d. In full in the second quarter
27. During the second quarter of 2011, Dodge Company sold a piece of equipment at a gain of $90,000. What portion of the gain should Dodge report in its income statement for the second quarter of 2011?
a. $90,000
b. $45,000
c. $30,000
d. $ -0-
28. In January 2011, Abel Company paid $200,000 in property taxes on its plant for the calendar year 2011. Also in January 2011, Abel estimated that its year-end bonuses to executives for 2011 would be $800,000. What is the amount of expenses related to these two items that should be reflected in Abel's quarterly income statement for the three months ended June 30, 2011 (second quarter)?
a. $ -0-
b. $250,000
c. $ 50,000
d. $200,000
29. For interim financial reporting, a company's income tax provision for the second quarter of 2011 should be determined using the
a. statutory tax rate for 2011.
b. effective tax rate expected to be applicable for the full year of 2011 as estimated at the end of the first quarter of 2011.
c. effective tax rate expected to be applicable for the full year of 2011 as estimated at the end of the second quarter of 2011.
d. effective tax rate expected to be applicable for the second quarter of 2011.
30. Which of the following reporting practices is permissible for interim financial reporting?
a. Use of the gross profit method for interim inventory pricing.
b. Use of the direct costing method for determining manufacturing inventories.
c. Deferral of unplanned variances under a standard cost system until year-end.
d. Deferral of inventory market declines until year-end.
31. Which of the following statements most accurately describes interim period tax expense?
a. The best estimate of the annual tax rate times the ordinary income (loss) for the quarter.
b. The best estimate of the annual tax rate times income (loss) for the year to date less tax expense (benefit) recognized in previous interim periods.
c. Average tax rate for each quarter, including the current quarter, times the current income (loss).
d. The previous year's actual effective tax rate times the current quarter's income.
32. The computation of a company's third quarter provision for income taxes should be based upon earnings
a. for the quarter at an expected annual effective income tax rate.
b. for the quarter at the statutory rate.
c. to date at an expected annual effective income tax rate less prior quarters' provisions.
d. to date at the statutory rate less prior quarters' provisions.
33. Finney, a calendar year company, has the following income before income tax provision and estimated effective annual income tax rates for the first three quarters of 2011:
Income Before Estimated Effective
Income Tax Annual Tax Rate
Quarter Provision at the End of Quarter
First $120,000 25%
Second 160,000 25%
Third 200,000 30%
Finney's income tax provision in its interim income statement for the third quarter should be
a. $74,000.
b. $60,000.
c. $50,000.
d. $144,000.
34. An inventory loss from a market price decline occurred in the first quarter. The loss was not expected to be restored in the fiscal year. However, in the third quarter the inventory had a market price recovery that exceeded the market decline that occurred in the first quarter. For interim reporting, the dollar amount of net inventory should
a. decrease in the first quarter by the amount of the market price decline and increase in the third quarter by the amount of the market price recovery.
b. decrease in the first quarter by the amount of the market price decline and increase in the third quarter by the amount of the decrease in the first quarter.
c. not be affected in the first quarter and increase in the third quarter by the amount of the market price recovery that exceeded the amount of the market price decline.
d. not be affected in either the first quarter or the third quarter.
35. Advertising costs may be accrued or deferred to provide an appropriate expense in each period for
Interim Annual
Reporting Reporting
a. Yes No
b. Yes Yes
c. No No
d. No Yes
Problems
14-1 The following information is available for Torrey Company for 2011:
a. In early April Torrey made major repairs to its equipment at a cost of $90,000. These repairs will benefit the remainder of 2011 operations.
b. At the end of May, Torrey sold machinery with a book value of $35,000 for $45,000.
c. An inventory loss of $60,000 from market decline occurred in July. In the fourth quarter the inventory had a market value recovery that exceeded the market decline by $30,000.
Required:
Compute the amount of expense/loss that would appear in Torrey Company's June 30, September 30, and December 31, 2011, quarterly financial statements.
14-2 Stein Corporation's operations involve three industry segments, X, Y, and Z. During 2011, the operating profit (loss) of each segment was:
Operating
Segment Profit (Loss)
X $ 600
Y 8,100
Z (6,300)
Required:
Determine which of the segments are reportable segments.
14-3 Bass Industries operates in four different industries. Information concerning the operations of these industries for the year 2011 is:
Revenue
Industry Operating Segment
Segment Total Intersegment Profit (Loss) Assets
A $ 24,000 $4,200 $ 2,700 $ 22,400
B 18,000 2,200 (2,000) 25,200
C 90,000 14,000 3,600 70,000
D 168,000 -0- 23,700 162,400
$300,000 $28,000 $280,000
Required:
Complete the following schedule to determine which of the above segments must be treated as reportable segments.
10% Test For
Segment Revenue Op. Profit (Loss) Segment Assets Reportable?
A
B
C
D
14-4 Logan Company prepares quarterly financial statements. The following information is available concerning calendar year 2011:
Estimated full-year earnings $3,000,000
Full-year permanent differences:
Penalty for pollution 150,000
Estimated dividend income exclusion 60,000
Actual pretax earnings, 1/1/11 to 3/31/11 480,000
Nominal income tax rate 40%
Required:
Compute the income tax provision for the first quarter of 2011.
14-5 XYZ Corporation has eight industry segments with sales, operating profit and loss, and identifiable assets at and for the year ended December 31, 2011, as follows:
Sales to Unaffiliated Customers
Sales to Affiliated Customers
Profit or (Loss)
Segment
Assets
Steel
$1,350,000
$150,000
$265,000
$2,250,000
Auto Parts
1,200,000
---
450,000
1,430,000
Coal Mine
600,000
450,000
(300,000)
1,200,000
Textiles
530,000
220,000
150,000
750,000
Paint
1,120,000
380,000
300,000
1,050,000
Lumber
710,000
---
(75,000)
600,000
Leisure Time
690,000
---
110,000
450,000
Electronics
600,000
---
300,000
670,000
Total
$6,800,000
$1,200,000
$1,200,000
$8,400,000
Required:
A. Identify the segments, which are reportable segments under one or more of the 10 percent revenue, operating profit, or assets tests.
B. After reportable segments are determined under the 10 percent tests, they must be reevaluated under a 75 percent revenue test before a final determination of reportable segments can be made. Under this 75 percent test, identify if any other segments may have to be reported.
14-6 Ace Company, which uses the FIFO inventory method, had 508,000 units in inventory at the beginning of the year at a FIFO cost per unit of $20. No purchases were made during the year. Quarterly sales information and end-of-quarter replacement cost figures follow:
End-of- Quarter
Quarter Unit Sales Replacement Cost
1 200,000 $17
2 60,000 18
3 85,000 13
4 61,000 18
The market decline in the first quarter was expected to be nontemporary. Declines in other quarters were expected to be permanent.
Required:
Determine cost of goods sold for the four quarters and verify the amounts by computing cost of goods sold using the lower-of-cost-or-market method applied on an annual basis.
14-7 Barr Company’s actual earnings for the first two quarters of 2011 and its estimate during each quarter of its annual earnings are:
Actual first-quarter earnings $ 800,000
Actual second-quarter earnings 1,020,000
First-quarter estimate of annual earnings 2,700,000
Second-quarter estimate of annual earnings 2,830,000
Barr Company estimated its permanent differences between accounting income and taxable income for 2011 as:
Environmental violation penalties $ 45,000
Dividend income exclusion 320,000
These estimates did not change during the second quarter. The combined state and federal tax rate for Barr Company for 2011 is 40%.
Required:
Prepare journal entries to record Barr Company’s provisions for income taxes for each of the first two quarters of 2011.
Short Answer
1. In SFAS No. 131, the FASB requires all public companies to report a variety of information for reportable segments. Define a reportable segment and identify the information to be reported for each reportable segment.
2. Publicly owned companies are usually required to file some type of quarterly (interim) report as part of the agreement with the stock exchanges that list their stock. Indicate two problems with interim reporting and GAAP’s position on this reporting.
Short Answer Questions from the Textbook
1. For what types of companies would segmented financial reports have the most significance? Why?
2. Why do financial statement users (financial analysts, for example) need information about seg- ments of a firm?
3. Define the following: (a)Operating segment.(b)Reportable segment.
4. Describe the guidelines to be used in determining (a) what constitutes an operating segment, and (b) whether a specific operating segment is a significant segment.
5. List the three major types of enterprise wide information disclosures required by SFAS No. 131[ASC 280], and explain how the firm’s designation of reportable segments affects these disclosures.
6. What segmental disclosures are required, if any, for interim reports?
7. What type of disclosure is required of a firm when the major portion of its operations takes place within a single reportable segment?
8. List the types of information that must be presented for each reportable segment of a com-pany under the rules of SFAS No. 131 [ASC 280].
9. Describe the methods that might be used to disclose reportable segment information.
10. What types of information must be disclosed about foreign operations under SFAS No. 131[ASC 280–10–50–40]?
11. How are foreign operations defined under SFASNo. 131 [ASC 280]?
12. If the operations of a firm in some foreign countries are grouped into geographic areas, what factors should be considered in forming the groups?
13. When must a firm present segmental disclosures for major customers? What is the reason for this requirement?
14. How are common costs distinguished from general corporate expenses for segmental purposes?
15. What is the purpose of interim financial reporting?
16. Some accountants hold the view that each interim period should stand alone as a basic ac-counting period, whereas others view each interim period as essentially an integral part of the annual period. Distinguish between these views.
17.Describe the basic procedure for computing in-come tax provisions for interim financial state-ments.
18.Describe how changes in estimates should be treated in interim financial statements.
19.What are the minimum disclosure requirements established ASC 270 for interim financial reports?
20.What is the general rule regarding the treatment of costs and expenses associated directly with revenues for interim reporting purposes?
Business Ethics Question from Textbook
SMC Inc. operates restaurants based on various themes, such as Mex-delight, Chinese for the Buffet, and Steak-it and Eat-it. The Steak-it and Eat-it restaurants have not been performing well recently, but SMC prefers not to disclose these details for fear that competitors might use the information to the detriment of SMC. The restaurants are located in various geographical locations, and management currently measures profits and losses and asset allocation by restaurant concept. How-ever, when preparing the segmental disclosures under SFAS No. 131 [ASC 280], the company reports the segment information by geographical location only. The company recently hired you to review the financial statements.
1.What disclosures should the company report for segment purposes?
2.The company’s CEO believed that the rules in SFAS No. 131 [ASC 280] are vague and that the company could easily support its decision to dis-close the segment data by geographic regions. What would you recommend to the CEO and how would you approach the issues?
l
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CIS 524 Week 10 Term Paper - Strayer NEW
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Term Paper: Crowdsourcing
Due Week 10 and worth 200 points
Crowdsourcing in the field of interface design takes tasks traditionally performed by specific individuals and spreads them out among a group of people or a community. These assignments are usually done through an open call. Crowdsourcing has become increasingly popular with the growth of Web 2.0 and online communities.
Write a fifteen to eighteen (15-18) page paper in which you:
1. Examine the invention and growth of crowdsourcing in the field of interface design.
2. Describe the impact that crowdsourcing has had on the field of interface design.
3. Analyze and discuss at least three (3) benefits of incorporating crowdsourcing in a design project.
4. Analyze and discuss at least three (3) challenges of incorporating crowdsourcing in a design project.
5. Propose a solution for generating interest in your design project from an online community.
6. Suggest a solution for evaluating the skill set and quality of the code submitted by potentially unknown users.
7. Describe how crowdsourcing may affect the budget and timeline of a design project.
8. Assess crowdsourcing in regard to the legal, societal, and ethical issues it raises, and suggest methods to alleviate these concerns.
9. Use at least five (5) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Compare and contrast the design and development processes in HCI.
Describe legal, societal, and ethical issues in HCI design.
Describe the inherent design issues across HCI environments.
Analyze and evaluate interface design models.
Use technology and information resources to research issues in human-computer interaction.
Write clearly and concisely about HCI topics using proper writing mechanics and technical style conventions.
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MKT 506 Week 10 Assignment 5 – Strayer
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Assignment 5: A Household Name
Due Week 10 and worth 150 points
One of the ultimate goals of marketing is to generate sales and translate the message or product into something the targeted market embraces.
Write an eight to ten (8-10) page paper in which you:
1. Argue the significance or need of a salesperson to push products. Address whether or not the type of product makes a difference with an example.
2. Consider the expectation of a sales professional and discuss if this is a position you would be interested in. Provide support for the claims you make regarding the career.
3. Develop a policy that you would use to ensure you remain ethical in your advertising activities.
4. Compare and contrast public relations, publicity, and corporate advertising, and discuss the value each presents along with an example for each one that you think has been executed well.
5. Think about the role of publicity and speculate whether or not you think publicity will be impactful in the future. Be sure to discuss what factors you considered when developing your response.
6. Use at least five (5) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
· Summarize the ethical and regulatory considerations in marketing communications, and develop approaches to maintaining appropriate ethical and regulatory standards in marketing operations.
· Use technology and information resources to research issues in integrated marketing communications.
Write clearly and concisely about integrated marketing communications using proper writing mechanics.
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CIS 341 Week 10 Technical Project Paper – Strayer
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Technical Project Paper: Information Systems Security
Due Week 10 and worth 110 points
You are the Information Security Officer for a small pharmacy that has recently been opened in the local shopping mall. The daily operation of a pharmacy is a unique business that requires a combination of both physical and logical access controls to protect medication and funds maintained located on the premises and personally identifiable information and protected health information of your customers. Your supervisor has tasked you with identifying inherent risks associated with this pharmacy and establishing physical and logical access control methods that will mitigate the risks identified.
1) Firewall (1) 4) Desktop computers (4)
2) Windows 2008 Active Directory Domain 5) Dedicated T1 Connection (1) Controllers (DC) (1)
3) File Server (1)
Write a ten to fifteen (10-15) page paper in which you:
1. Identify and analyze any potential physical vulnerabilities and threats that require consideration.
2. Identify and analyze any potential logical vulnerabilities and threats that require consideration.
3. Illustrate in writing the potential impact of all identified physical vulnerabilities and threats to the network and the pharmacy.
4. Identify all potential vulnerabilities that may exist in the documented network.
5. Illustrate in writing the potential impact of all identified logical vulnerabilities to the network and the pharmacy.
6. For each physical vulnerability and threat identified, choose a strategy for dealing with the risk (i.e., risk mitigation, risk assignment, risk acceptance, or risk avoidance).
7. For each logical vulnerability and threat identified, choose a strategy for dealing with the risk (i.e., risk mitigation, risk assignment, risk acceptance, or risk avoidance).
8. For each physical vulnerability and threat identified, develop controls (i.e., administrative, preventative, detective, and corrective) that will be used to mitigate each risk.
9. For each logical vulnerability and threat identified, develop controls (i.e., administrative, preventative, detective, and corrective) that will be used to mitigate each risk.
Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
• Explain the concepts of information systems security as applied to an IT infrastructure.
• Describe how malicious attacks, threats, and vulnerabilities impact an IT infrastructure.
• Explain the means attackers use to compromise systems and networks, and defenses used by organizations.
• Explain the role of access controls in implementing a security policy.
• Explain how businesses apply cryptography in maintaining information security.
• Analyze the importance of network principles and architecture to security operations.
• Use technology and information resources to research issues in information systems security.
• Write clearly and concisely about network security topics using proper writing mechanics and technical style conventions.
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CIS 513 Week 10 Term Paper – Strayer New
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Term Paper: Wireless Deployment Plan
This assignment consists of two (3) sections: a written Wireless Development Plan, a graphically depicted Wireless Network Architecture, and a Wireless Project Implementation Plan created through the use of MS Project. You must submit the three (3) sections as separate files for the completion of this assignment. Label each file name according to the section of the assignment it is written for.
The use of specific software has been suggested; however, equivalents including but not limited to OpenOffice and Dia are also permitted. If equivalent tools are used, files must be saved and submitted for grading using extensions that are readable by their equivalent Microsoft Windows edition. Assignment submissions that fail to follow this request may result in a reduced grade.
Any network or information system deployment must be carefully and thoroughly planned and implemented. Failures to thoroughly plan the implementation of wireless networks have led to many project failures due to lack of support, technical issues, and security issues. During this course, you have covered many wireless support topics, technical considerations and issues, and security considerations and issues.
Section 1: Wireless Deployment Plan
Required Format (MS Word File)
The wireless deployment plan must include, but is not limited to, the following items:
i. Wireless Deployment Plan Overview
ii. Purpose and Scope
iii. Wireless Network Equipment and Devices
iv. Wireless Network Device Configuration
v. Wireless Client Configuration and Access
vi. Wireless Network Staffing, Training, and Support Requirements
vii. Wireless Network Security Requirements
viii. Terms and Definitions
Use at least four (4) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Section 1 of your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
Section 2: Wireless Network Architecture
Required Format (MS Visio or equivalent)
Use Microsoft Visio or an open source alternative, such as Dia to develop a network architecture diagram depicting the wireless networking equipment, security devices, and architecture for the corporate wireless network.
Section 3: Wireless Project Implementation Plan
Required Format (MS Project or equivalent)
Use MS Project or an Open Source alternative, such as Open Project to develop a project plan depicting the project tasks, task durations, predecessors, and resources needed to implement the wireless network.
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BUS 505 Week 10 Assignment 5 – Strayer New
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Assignment 5: Proposal Presentation
Due Week 10 and worth 250 points
The procuring agency requires an oral presentation as part of the proposal response.
Create a presentation in a common format (PowerPoint or a similar program) with a minimum of twenty (20) slides and corresponding speaker notes in which you:
Create an Executive Summary that supports your firm’s proposal projection to successfully enter the contract.
Discuss the support that the agency is proposing the firm to acquire in entering the contract.
Provide the reliability plan for the firm’s capability in entering the contract.
Prepare a conclusion based on the firm’s projected performance in entering the contract’s projected time frame.
Provide an action plan using the cost estimate and selected contract type as a finalization of the firm’s conclusion in the solicitation process.
Use at least five (5) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Create presentations to effectively communicate the firm’s proposal and complete the solicitation process.
· Use technology and information resources to research issues in business strategies and proposals.
Write clearly and concisely about business strategies and proposals using proper writing mechanics.
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BUS 499 Week 10 Assignment 5 – Strayer NEW
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Assignment 5: Capstone
Due Week 10 and worth 400 points
Select a publicly traded corporation for which you would like to work or are currently working.
Research the corporation on its own Website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University's online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions.
Write an eight to ten (8-10) page paper in which you:
1. Determine the impact of the company’s mission, vision, and primary stakeholders on its overall success.
2. Analyze the five (5) forces of competition to determine how they impact the company.
3. Create a SWOT analysis for the company to determine its major strengths, weaknesses, opportunities, and threats.
4. Based on the SWOT analysis, outline a strategy for the company to capitalize on its strengths and opportunities, and minimize its weaknesses and threats.
5. Discuss the various levels and types of strategies the firm may use to maximize its competitiveness and profitability.
6. Outline a communications plan the company could use to make the strategies you recommend above known to all stakeholders.
7. Select two (2) corporate governance mechanisms used by this corporation and evaluate how effective they are at controlling managerial actions.
8. Evaluate the effectiveness of leadership within this corporation and make at least one (1) recommendation for improvement.
9. Assess efforts by this corporation to be a responsible (ethical) corporate citizen and determine the impact these efforts (or lack thereof) have on the company’s bottom line. Provide specific examples to support your response.
10. Use at least five (5) quality references. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.
The specific course learning outcomes associated with this assignment are:
Determine ways in which the vision, mission, and stakeholders of a firm impact that firm’s overall success.
Identify how the six segments of the general environment affect an industry and its firms.
Identify the five forces of competition.
Analyze the external environment for opportunities and threats that impact the firm.
Analyze the internal environment of a company for strengths and weaknesses that impact the firm’s competitiveness.
Identify various levels and types of strategy in a firm.
Assess the ethical implications related to strategic decisions.
Predict ways in which corporate governance will affect strategic decisions.
Assess the relationship between strategy and organizational structure.
Use technology and information resources to research issues in business administration.
Write clearly and concisely about business administration using proper writing mechanics.
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PAD 530 Week 10 Discussion Questions – Strayer NEW
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Week 10 DQ 1
"Human Resources Management in Nonprofit Organizations" Please respond to the following:
Debate It:
· First: Review Chapter 3: Generational Differences and the Public Sector Workforce and Chapter 6: Lesbian, Gay, Bisexual, and Transgendered Employees in the Public Sector Workforce.
· Second: Take a position for or against this statement: religious organizations have a right to be exempt from federal guidelines regarding the employment of lesbians, gay, bisexual, and transgendered people. Provide a rationale for your views.
Class, please follow this format when responding:
Take a position for or against this statement: religious organizations have a right to be exempt from federal guidelines regarding the employment of lesbians, gay, bisexual, and transgendered people. Provide a rationale for your views. (Responses should be 100 words or more in length)
Week 10 DQ 2
"The Future of Human Resource Management in Nonprofits" Please respond to the following:
· Debate It: From the e-Activity, human resource management in nonprofit organizations is likely to increase significantly with the passing of the Senate’s Job Creation Tax Credit, which is expected to generate between 10,000 and 23,000 jobs. Take a position on whether or not there will be an increase or decrease of religious discrimination in Title IV, PRWORA, charitable choice, and / or faith-based initiatives. Provide a rationale for your views.
Class, please follow this format when responding:
Take a position on whether or not there will be an increase or decrease of religious discrimination in Title IV, PRWORA, charitable choice, and / or faith-based initiatives. Provide a rationale for your views Provide a rationale for your views. (Responses should be 100 words or more in length)
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PAD 540 Week 10 Assignment 4 – Strayer
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Assignment 4: PowerPoint Presentation
Due Week 10 and worth 210 points
Incorporate the professor’s feedback from Assignment 3 in order to proficiently develop Assignment 4.
Use scholarly journal articles and / or Strayer databases to complete additional research on your selected topic.
Use the major international political event that you selected for Assignment 1 in order to complete this assignment.
Use the basic outline below to draft your presentation. Organize your responses to each question under the following section headings:
Part IV:[Name of Select Major International Event] (for Question 1-5)
Introduction (for Question 6a)
Background (for Question 6b)
International Organizations and Actors (for Question 6c)
International Law (for Question 6d)
Global Health (for Question 6e)
A Look at the Future (for Question 6f)
Create a six to eight (6-8) slide presentation in which you separate the content into sections:
Present your findings using the Microsoft PowerPoint software with a minimum of ten (10) topics / slides in your presentation.
Include a title slide and references section. (Note: These two [2] slides are not part of the ten (10) slide requirement)
Develop a creative, appealing presentation using your chosen tool for a professional audience of international public administrators, using two to three (2-3) colors, two to three (2-3) fonts, and two to three (2-3) other visuals.
Provide coherent, clear, organized, and substantive content that can be easily understood by the audience.
Provide audio narration of the presentation slides as if you were delivering the speech. (Note: If you do not have access to a microphone, then you should provide detailed speaker notes with your presentation.)
Create a section of the presentation (six [6] slides) in which you:
a. Provide a brief description of your chosen event.
b. Describe the population and its influence on crime, health, and environmental problems.
c. Discuss the influence of all international organizations and transactional actors and its role in peace keeping missions and enforcement.
d. Examine international law, and explain major ways in which EUs, IGOs, and/or NGOs have addressed acts of piracy, weapons of mass destruction, and human rights.
e. Identify any disease(s) that may have impacted your event and assess the role of IGOs and NGOs in dealing with global health problems.
f. Examine the likelihood of conflict and cooperation in the future.
Your assignment must follow these formatting requirements:
A minimum of ten (10) PowerPoint slides, with one or two (1 or 2) devoted to each of the topics in items 2-4 above. Slides should abbreviate the information in no more than five or six (5 or 6) bullet points each.
In the Notes View of each PowerPoint slide, incorporate the notes you would use when presenting the slides to an audience.
Slide titles should be based on the criteria described above (e.g., “Four Key Attributes,” “Responses to Budget Issues,” etc.)
In addition to the content slides required, include a title slide and a reference slide. The title slide must contain the title of the assignment, your name, the instructor’s name, the course title, and the date. The reference slide should list, in APA format, the sources you consulted in writing the paper.
The specific course learning outcomes associated with this assignment are:
Analyze how international politics influences the various levels of public administration and its effects on groups and individuals.
Differentiate among international conflict, security, terrorism, military force, weapons of mass destruction, and their effects on war and peace.
Give examples of International Government Organizations (IGOs) and the various roles of their key players.
Examine the sources and enforcement of international law.
Use technology and information resources to research issues in international public administration.
Write clearly and concisely about international public administration using proper writing mechanics.
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BUS 517 Week 10 Assignment 3 – Strayer
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Assignment 3: Project Presentation
Due Week 10 and worth 300 points
Please use the project from Assignment 1 and 2 to complete this assignment.
Your project is now in its closing process. You are ready to present a final report to your major stakeholders.
Develop a Closing Process PowerPoint Presentation. Your PowerPoint must have speaker notes and these speaker notes must be written as if you were presenting this project to your stakeholders. A template is provided for your use. You can modify the template based on your professor’s instructions. Do not omit any information from the template because the information aligns with the rubric. Note: The template can be found in the online course shell.
Prepare a twelve to fifteen (12-15) slide presentation in which you:
1. Identify the project objectives and how the project team has met each of the identified objectives.
2. Analyze the Work Breakdown Structure (WBS), along with explanation for each task.
3. Create a timeline, and note the critical path.
4. Identify stakeholders on the project team matrix.
5. Establish the approved budget, and identify the cost for resources.
6. Recommend plans for the project communication.
7. Determine risks, the competitive analysis, and project benefits.
8. Distinguish the scope, time, and cost constraints.
9. Assess any project dependencies.
10. Compile a list of six (6) best practices arising from this project’s lessons learned.
11. Recommend methods to avoid similar obstacles in future projects.
12. Compose a list of next steps with the assumption that there is a need to create another phase for this project.
Your presentation must follow these formatting requirements:
Use the PowerPoint presentation template that can be found in the Supplemental Materials in the Course Guide and in the online course shell. Your professor will inform you if the template can be modified.
Include a Title Slide which contains the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The Reference Slide must follow APA format. The Title Slide and Reference Slide are not included in the required page length.
Create Speaker Notes to accompany each slide that emphasize and embellish the key points to the stakeholders. Please be clear and thorough as if you are actually presenting.
The specific course learning outcomes associated with this assignment are:
Evaluate and assess the best practices used when outsourcing project work.
Develop a process for measuring the progress of a project, providing oversight, coordinating project closure, and determining project effectiveness.
Develop a project network to implement the project plan, manage projects effectively, and complete required resource allocation.
Use technology and information resources to research issues in project management.
Write clearly and concisely about project management using proper writing mechanics.
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CIS 500 Week 10 Term Paper – Strayer New
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Term Paper: Information Technology Strategic Plan
Imagine that a company has recently hired you as a senior business consultant. The company is seeking to gain better traction with regard to customer satisfaction and loyalty. The company hired you because of your expertise with mobile apps, social media, and cloud technology. The management of the company feels that yearly revenues could top $20 million per year with the infusion of current technology. Currently the company has revenue of $5 million per year.
Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.
Write an eight to ten (8-10) page paper in which you:
1. Write an introductory statement of the company including but not limited to the type of the company, the location, the industry in which it competes, and the organizational vision and mission that encompasses the nature of the company.
2. Specify the current situation of the company with regard to its technology and security aspects.
3. Determine at least five (5) information technology personnel / roles that would be in place in order to start the business venture of gaining better traction of customer satisfaction and loyalty. Justify your response.
4. Conduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis for the business venture in question for the company. Justify your response.
5. Develop at least five (5) major goals for the information technology strategic plan. Justify your response.
6. Speculate on three (3) positive organizational impacts of implementing the strategic plan. Justify your response.
7. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
· Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
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ECO 405 Week 10 Quiz – Strayer
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Quiz 9 Chapter 13
Unemployment And Inflation: Can We Find A Balance?
Multiple Choice Questions
1. A Person Is Considered Unemployed If The Person Is A. Seeking A Job Requiring Greater Qualifications Than The Person Possesses And No One Is Willing To Hire The Person For Such A Job B. Offered A Job For Which The Person Is Qualified But Prefers Not To Work C. Qualified For A Job, Willing To Work, But Unable To Find Work For Over 30 Days D. Out Of School During Christmas Vacation And Cannot Find Work During That Period E. All Of The Above
2. Which Of The Following People Is Considered Unemployed? A. A Truck Driver With A High School Education Who Has Been Laid Off His Job And Is Now Training To Be A Computer Programmer B. An Individual Who Is Currently Not Working Nor Actively Seeking Employment C. A Secretary Who Is Currently Not Working And Who Seeks Employment Using Secretarial Skills D. All Of The Above E. None Of The Above
3. An Auto Factory Worker Who Is Unemployed Because A Robot Now Has His Job Is A Victim Of A. Structural Unemployment B. Cyclical Unemployment C. Underemployment D. Frictional Unemployment E. Seasonal Unemployment
4. Which Of The Following Individuals Is Considered Part Of The Labor Force? A. An Unemployed Farmer B. A College Graduate Looking For His First Job C. A Retired Teacher Working As A Sales Clerk D. A Department Store Santa During December E. All Of The Above
5. When Individuals Want To Work, But Give Up Looking For A Job Because They Feel There Will Never Be One Available, They Are Considered A. Pessimistic B. Lazy C. Discouraged D. Part Of The Labor Force E. Unemployed
6. Which Of The Following Individuals Is Part Of The Labor Force? A. A 15-Year-Old Worker At A Fast Food Restaurant B. A Paid Prison Worker At The Prison Carpentry Shop C. A College Student Attending School Full-Time D. A Stay-At-Home Dad E. None Of The Above
7. The Unemployment Rate A. For Blacks Is Roughly Twice The Rate For Whites B. For Women Is Lower Than That Of Men C. For Teenagers Is Below The Rate For The Labor Force As A Whole D. Is Equal For Males And Females, Blacks And Whites, And Young And Old Workers E. Is None Of The Above
8. Technological Change In An Industry That Historically Required Specific Labor Skills Will Lead To A. Frictional Unemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. No Changes In Unemployment
9. People Who Are In The Process Of Changing Jobs Are Classified In The Category Of A. Frictional Unemployment B. Involuntary Unemployment C. Structural Unemployment D. Cyclical Unemployment E. Seasonal Unemployment
10. A College Graduate Looking For Her First Job Is Considered A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed
11. A Farmer Who Has Lost His Farm Due To Increased Agricultural Productivity Is Considered A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed
12. A Factory Worker Who Loses A Job Because Of A Decrease In Aggregate Demand Is A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed
13. The Full-Employment Unemployment Rate Is A. 0 B. Inconsistent With Price Stability C. The Rate That Reflects Cyclical Unemployment D. 10% E. None Of The Above
14. Between 1960 And 2011, The Unemployment Rate Has A. Steadily Increased B. Steadily Fallen C. Been Below 6% Over The Entire Period D. Ranged From 1% To 12% E. None Of The Above
15. Unemployment Rates Tend To Rise When A. Inflation Rates Rise B. Aggregate Demand Is High C. The Economy Goes Through An Expansion D. There Is A Recession E. Interest Rates Are Low
16. A Major Cause Of Involuntary Unemployment Is A. A Wage Rate Below Equilibrium B. Not Enough Demand For Labor C. Too Much Supply Of Labor D. Laziness E. A Wage Rate Above Equilibrium
17. The Unemployment Rate Will Not Fall To Zero Because Of A. Cyclical Unemployment B. Frictional Unemployment C. Welfare D. Voluntary Unemployment E. All Of The Above
18. Which Of The Following Types Of Unemployment Is Considered Long-Term, Hardcore Unemployment? A. Cyclical B. Structural C. Frictional D. Seasonal E. None Of The Above
19. A Poorly Educated, Unskilled Teenager Currently Unemployed Is An Example Of A. Frictional Unemployment B. Cyclical Unemployment C. Structural Unemployment D. Seasonal Unemployment E. None Of The Above
20. People Who Are Unemployed Due To A Downturn In Economic Activity Are Classified In The Category Of A. Frictional Unemployment B. Structural Unemployment C. Seasonal Unemployment D. Cyclical Unemployment E. Voluntary Unemployment
21. When General Motors Lays Workers Off Because Of A Decrease In Aggregate Demand, It Causes A. Cyclical Unemployment B. Frictional Unemployment C. Seasonal Unemployment D. Structural Unemployment E. None Of The Above
22. Unemployment Below The Full Employment Rate Is A Measure Of A. Underemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. None Of The Above
23. The Highest Unemployment Rate Is Found Among A. People Between The Ages Of 16 And 19 B. Females C. Ethnic Groups D. The Elderly E. Children
24. Which Of The Following Best Describes When The Economy Is Experiencing Inflation? When A. The Price Of An Essential Good Increases Dramatically B. The Prices Of Many Goods Go Up C. There Is A Rise In The General Level Of Prices D. All Prices Remain The Same Or Increase; No Prices Fall E. The Value Of The Dollar Increases
25. Which Price Index Is Also Known As The Cost-Of-Living Index? A. Consumer Price Index B. Wholesale Price Index C. Implicit Price Deflator D. Gdp Deflator E. All Of The Above
26. If Inflation Is Not Observable In The Form Of Rising Prices, It Is Called A. Suppressed B. Repressed C. Deflation D. Dynamic E. None Of The Above
27. Price Index Numbers For A Series Of Years Show A. If Money Gdp Is Growing B. If Real Gdp Is Growing C. If All Prices Are Rising D. The Average Price Level For Each Year As A Percentage Of The Base Year E. None Of The Above
28. If The Consumer Price Index Is 100 In 2010 And Is 120 In 2012, Then The Rate Of Inflation Between 2010 And 2012 Is A. 10% B. 20% C. 15% D. 5% E. Unable To Be Calculated Without Further Information
29. The Best Description Of The Growth Of The Money Supply Since 1960 Is That It Has A. Increased Steadily B. Increased Rapidly During The 1980's C. Decreased Steadily D. Decreased Rapidly During The 1960's E. Shown Patterns Of Both Fast And Slow Growth Over The Decades
30. When Inflation Redistributes Income From One Group In The Economy To Another, It Is An Example Of Which Effect? A. Equity B. Efficiency C. Output D. Input E. None Of The Above
31. If Inflation Causes The Demand For Houses To Increase More Rapidly Than The Demand For Other Goods, The Economy Has Experienced Which Effect Of Inflation? A. Equity B. Efficiency C. Output D. Input E. None Of The Above
32. If Inflation Stimulates Production And Employment, The Economy Experiences Which Of The Following Effects Of Inflation? A. Equity B. Efficiency C. Output D. Input E. None Of The Above
33. Which Of The Following Is Most Likely Be Hurt By Inflation? A. People On Fixed Incomes B. People Whose Wages Rise Faster Than Prices C. Landholders D. Borrowers E. None Of The Above
34. Suppose A Family Spends $20,000 On A Basket Of Goods In 2011. Suppose The Same Basket Costs $22,000 In 2012. Using 2011 As The Base Year, The Price Index For 2012 Is A. 105 B. 102 C. 111 D. 110 E. None Of The Above
35. The Effect Of Inflation On Production And Employment Is Known As A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. Fiscal Policy
36. Federal Income Taxes Are Levied On The Basis Of Nominally Stated Tax Brackets, And There Is A Nominal Upward Adjustment In Salaries And Wages During Inflation. Therefore, What Is Of Federal Tax Collections During Inflation? They Will A. Decrease In Both Real And Nominal Terms B. Increase In Both Real And Nominal Terms C. Increase In Real Terms D. Increase In Nominal Terms E. Stay The Same
37. Which Of The Following Statements Is Correct? Inflation A. Benefits Creditors At The Expense Of Debtors B. Increases The Purchasing Power Of The Dollar C. Increases The Real Value Of Savings D. Arbitrarily "Taxes" Fixed Income Groups E. Increases Real Wages
38. The Effects Of Inflation On The Distribution Of Income Are Called A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above
39. The Effect That Inflation Has On The Allocation Of Resources Is Known As A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above
40. In The Circular Flow Diagram, Economic Units Are Classified As A. Imports And Exports B. Households And Producers C. Taxpayers And Governments D. Subsidy Receivers And Taxpayers E. Producers And Sellers
41. The Circular Flow Of Economic Activity Developed In The Text Is A Model Of The A. Flow Of Goods, Resources, Payments And Expenditures Between The Sectors Of The Economy B. Influence Of Government On Business Behavior C. Influence Of Business On Consumers D. Role Of Unions And Government In The Economy E. Interaction Among Taxes, Prices, And Profits
42. Which Of The Following Statements Concerning The Circular Flow Is ? A. The Circular Flow Of Economic Activity Shows How The Overall Economy Operates B. The Circular Flow Emphasizes The Independence Of Economic Variables C. There Are Two Circular Flows Involved In The Economy D. The Circular Flow Shows That Real Income Is Determined By Physical Goods And Services Produced In The Economy E. None Of The Above
43. Aggregate Demand A. Represents The Sum Of The Demands By All Purchasers Of Goods And Services In An Economy B. Is Comprised Of The Purchases Of Goods And Services Only By Consumers C. Excludes Imports And Exports D. Assumes That Governments Do Not Purchase Goods And Services E. None Of The Above
44. The Aggregate Demand Curve Will Shift To The Right
A. When The Government Raises Taxes B. If Investors Reduce Their Purchases Of Plant And Equipment C. If Consumer Confidence Increases D. If Prices Fall E. None Of The Above
45. The Marginal Propensity To Consume Is
A. Consumption Divided By Income
B. The Change In Consumption
C. The Change In Consumption Divided By The Change In Income
D. Unaffected By Changes In Income
E. All Of The Above
46. The Marginal Propensity To Consume Plus The Marginal Propensity To Save
A. Represents What Happens As A Result Of Income Changes
B. Must Always Sum To 1
C. Must Always Sum To 0
D. A And B
E. None Of The Above
47. Investment Spending Is Sensitive To
A. Interest Rates
B. Expectations By Producers About The Return On Investment
C. The Confidence Of Investors
D. All Of The Above
E. None Of The Above
48. A Trade Deficit Will Occur In An Economy
A. When Spending Exceeds Income
B. When The Value Of Exports Exceeds The Value Of Imports
C. When The Value Of Exports Is Less Than The Value Of Imports
D. When An Economy Is Expanding
E. When An Economy Is In Recession
49. Assuming A Marginal Propensity To Consume Three-Fourths, The Spending Multiplier Is A. 1 B. 2 C. 3 D. 4 E. None Of The Above
50. Assume That The Spending Multiplier Is 3. The Government Has Decided To Purchase New Computers To Improve Productivity And Will Spend $50 Billion On The Computer Equipment. The Resulting Increase In National Income Will Be A. Zero B. $200 Billion C. $100 Billion D. $150 Billion E. It Cannot Be Determined
51. The Determinants Of Aggregate Supply Are A. Resources, Prices, And Technology B. Interest Rates C. Consumer Wealth D. Real Income E. All Of The Above
52. Ameeta Spends $400 When Her Income Is $500. When She Receives A $100 Raise (Bringing Her Total Income To $600), She Spends $480. Her Mpc Is A. 0.4 B. 0.5 C. 0.6 D. 0.8 E. 1.0
53. The Psychological Law Of Consumption Tells Us The Marginal Propensity To Consume Will Be A. Less Than 0 B. Greater Than 0 But Less Than 1 C. Equal To 1 D. Greater Than 1 But Less Than 10 E. Greater Than 10
54. If The Mpc Is 0.8, The Spending Multiplier Equals A. 0.2 B. 0.8 C. 1.25 D. 5.0 E. 8.0
55. If The Mps Is .4, The Spending Multiplier Equals A. 0.4 B. 0.6 C. 1.67 D. 2.5 E. 4.0
56. Which Of The Following Is A Component Of Aggregate Demand? A. Consumption B. Investment C. Government Spending D. Exports And Imports E. All Of The Above
Questions 57 - 62 Refer To The Graph Below.
57. Given Short Run Aggregate Supply S0, What Level Of Aggregate Demand Is Necessary For The Economy To Reach Full Employment? A. Lower Than D1 B. D0 C. D1 D. D2 E. Higher Than D2
58. Given D0 And S0, An Increase In Aggregate Demand Would Lead To Which Of The Following? A. Higher Unemployment B. Lower Unemployment C. Inflation D. Deflation E. Recession
59. Given S1 And D1, Which Of The Following Changes Reduces Unemployment? A Shift To A. D0 B. D2 C. S0 D. All Of The Above E. None Of The Above
60. Which Of The Following Would Cause A Shift From D1 To D2? A. An Increase In Investment B. A Decrease In Consumption C. An Increase In Imports D. An Increase In Saving E. All Of The Above
61. Which Of The Following Would Cause A Shift From S1 To S0? A. A Decrease In Resource Prices B. An Decrease In Unemployment C. An Increase In The Price Of Labor D. An Increase In Consumption E. All Of The Above
62. Demand-Pull Inflation Is Illustrated By A Movement From A. S0 To S1 B. S1 To S0 C. D0 To D2 D. D1 To D0 E. Q1 To Q0
63. If The Economy Is Initially At Full Employment, An Increase In Aggregate Demand Will Result In A. Demand-Pull Inflation B. Profit-Push Inflation C. Cost-Push Inflation D. Unemployment E. Underemployment
64. To Expand The Level Of Economic Activity, It Is Necessary That A. Total Leakages Exceed Total Injections B. Government Expenditures Exceed Tax Collections C. Total Injections Exceed Total Leakages D. Imports Exceed Exports E. (C) And (D) Above
65. Leakages In The Circular Flow Consist Of A. Savings, Taxes, And Exports B. Savings, Investment, And Exports C. Government Spending, Investment, And Exports D. Savings, Taxes, And Imports E. Investment, Taxes, And Imports
66. Injections In The Circular Flow Consist Of A. Savings, Exports, And Investments B. Savings, Exports, And Taxes C. Government Spending, Savings, And Exports D. Government Spending, Investment, And Exports E. None Of The Above
67. Aggregate Supply Can Be Increased By A. Reduced Incentives To Save
B. Higher Taxes
C. Increases In Government Spending
D. Policies To Induce More Saving
E. None Of The Above
68. The Phillips Curve Depicts The Relationship Between A. Output And Inflation B. Savings And Investment C. Unemployment And Inflation D. Imports And Exports E. None Of The Above
69. Economists In The 1960s Believed That The Phillips Curve Relationship Would A. Allow Governments To End Inflation B. Provide Governments A Means To Control Recessions C. Discourage Imports D. Provide Policies That Would Trade Off Unemployment For Inflation E. None Of The Above
70. Economic Policy Makers In The 1960s Held That Governments Could A. Engage In Expansionary And Contractionary Policies To Manage The Economy B. Spend Their Way Out Of Business Cycles C. Eliminate Unemployment D. Choose How Much To Produce E. None Of The Above
71. After The Events Of The 1970s, Economists Learned That A. Attempts To Trade Off Unemployment And Inflation Would Only Work For A Short Period Of Time B. Shocks To The Aggregate Supply Could Alter The Relationships Between Unemployment And Inflation C. The Phillips Curve Relationship Was Not Stable D. The Phillips Curve Shifted Over Time E. All Of The Above
72. By How Much Must Investment Spending Increase To Increase Output By $500 If The Mpc Is 0.8? A. $100 B. $300 C. $400 D. $500 E. More Than $500
73. A Useful Measure Of The Size Of The Workforce, That Is, The Number Of Individuals Who Are Willing And Able To Work, Is A. The Current Population Survey B. The Unemployment Rate C. The Rate Of Job Growth D. The Labor Force Participation Rate E. There Are No Useful Measures Of This Information, Due To The Difficulties Of Gathering The Sample
74. In An Economy Like That Of The Us, Due To A Variety Of Institutional And Social Factors, Wages Tend To Be A. Very Flexible B. Flexible During Recessions C. Highly Rigid D. Affected Only By Congressional Legislation E. Sticky
75. Which Of The Following Factors In An Economy Contribute To “Sticky” Wages? A. Flexible Working Conditions B. Competitive Labor Markets C. Collective Bargaining Agreements D. Highly Mobile Capital Equipment E. Investment Flexibility
True / False Questions
76. Unemployment Affects Both The Current And Future Production Of Goods And Services.
77. If Leakages Exceed Injections, Unemployment Will Result.
78. Involuntary Unemployment Occurs When Wage Rates Are Too Low, I.E., Below Competitive Levels.
79. Cyclical Unemployment Is Due Primarily To A Decline In Aggregate Supply.
80. Structural Unemployment Results From People Changing Jobs.
81. Frictional Unemployment Refers To Persons Who Are Unemployed Because The Economy Is In A Recession.
82. As An Economy Approaches Full Employment, Real Output Declines.
83. Frictional Unemployment Is A Long-Run Event For Particular Individuals.
84. The Unemployment Rate Is The Same For All Demographic Groups.
85. Full Employment Means That Everyone In The Labor Force Has A Job.
86. An Equilibrium Level Of National Income Implies The Economy Is Operating At Full Employment.
87. Frictional Unemployment Is Involuntary.
88. Structural Unemployment Results From The Economy Experiencing A Recession.
89. Cyclical Unemployment Occurs Because Workers Have No Marketable Job Skills.
90. A Certain Amount Of Frictional And Structural Unemployment Occurs Even At Full Employment.
91. Frictional Unemployment Can Be Reduced By Education And Training.
92. An Economy Reaches Full Employment When There Is No Cyclical Unemployment.
93. Full Employment May Be Reached Even Though There Is Frictional And Structural Unemployment.
94. Structural Unemployment Is A Long Run Event For Particular Individuals.
95. Frictional Unemployment Could Be Reduced By Decreasing The Minimum Wage.
96. All Unemployed Workers Are Unemployed For The Same Reason.
97. Cyclical Unemployment Is Involuntary.
98. When Frictional Unemployment Exists, Labor Services Are Voluntarily Unemployed.
99. As A Group, Women Suffer From The Highest Unemployment Rate.
100. The Lowest Unemployment Rate Is Found For Those Between The Ages Of 16 And 19.
101. Economic Growth Or Improved Technology Would Be Shown On An Aggregate Demand - Aggregate Supply Diagram As An Increase In Ad, As Remaining Constant.
102. An Increase In Government Purchases Financed By An Equal Increase In Tax Collections Will Increase National Income.
103. An Increase In The Marginal Propensity To Consume Will Increase The Size Of The Multiplier.
104. The Marginal Propensity To Consume Is Usually Greater Than One.
105. An Increase In Trade Deficit Will Increase Unemployment In The U.S.
106. An Increase In The Federal Budget Deficit Will Increase Unemployment.
107. An Increase In Imports Would Expand The Level Of Employment.
108. The Ad-As Relationship Is Not Affected By Circular Flow Relationships.
109. Inflation Means That Prices Are Too High.
110. A Price Index Shows The Absolute Changes In Price That Occur Over Time In A List Of Different Products And Services.
111. If The Economy Is Operating At A Less-Than-Full Employment Level, An Increase In Aggregate Demand May Result In An Increase In The Price Level As Well As An Increase In The Level Of Employment.
112. Inflation May Affect The Distribution Of Income In The Economy And May Increase National Output.
113. Inflation Is Not Equitable Because It Arbitrarily Changes The Pattern Of Income Distribution.
114. The Consumer Price Index Is A Cost-Of-Living Index.
115. Demand-Pull Inflation Ends Once Full Employment Is Reached.
116. During Inflation, Some Prices May Be Rising And Some May Be Falling.
117. The Effects Of Inflation On Resource Allocation Are The Equity Effects Of Inflation.
118. Inflation May Have A Stimulating Effect On Production And Employment.
119. The Labor Force Participation Rate Has Been Steadily Increasing In Recent Years.
120. Unemployment Rates Since 2007 Have Increased Due To Rising Structural Unemployment.
121. Since 1960, Inflation Rates Were Highest During The 1970s.
122. When A Phillips Curve Is Drawn, It Shows An Inverse Relationship Between Inflation And Unemployment Rates.
123. The Phillips Curve Is Another Name For A Production Possibilities Curve.
124. The Phillips Curve Has Displayed A Stable Relationship Between Inflation And Unemployment Since The 1960s.
125. Expansionary And Contractionary Policies Have Not Proved To Be Effective Tools To Control Unemployment And Inflation In The American Economy.
126. The Oil Embargo During The Early 1970s Showed How Stable The Relationship Is Between Unemployment And Inflation Rates.
127. Shifts In The Aggregate Supply Function Can Cause Shifts In The Phillips Curve.
128. The Relationship Shown By The Phillips Curve, Which Implies A Tradeoff Between Inflation And Unemployment Rates, Is A Long-Run Phenomenon.
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ACC 410 Week 10 Quiz – Strayer
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Quiz 8 Chapter 14
Auditing Governments and Not-for-Profit Organizations
TRUE/FALSE (CHAPTER 14)
1. In 1972, the GAO issued Government Auditing Standards known as the Blue Book.
2. Performance audits are intended to determine whether an entity’s financial statements are presented fairly in accordance to GAAP.
3. Agencies that provide funds to governments may stipulate that the audit be conducted in accordance with generally accepted government auditing standards (GAGAS).
4. GAO standards do not mandate a peer review process for audit organizations.
5. The Single Audit Act applies to organizations receiving more than $500,000 in federal assistance under more than one program be subject to a single audit.
6. A single audit has two main components: an audit of the financial statements and an audit of federal financial awards.
7. In a single audit, auditors are expected to provide an opinion on the financial statements and on the schedule of expenditures of federal awards.
8. Performance audits are most commonly conducted by external auditors.
9. The Sarbanes-Oxley Act has had no impact on governmental auditing.
10. Performance audits may be conducted by staff without training in accounting.
MULTIPLE CHOICE (CHAPTER 14)
1. In reporting the results of a performance audit, it is appropriate for the auditors to
a. conjecture as to the reasons for the program’s failure to achieve desired results
b. include the auditors’ response to management’s objections to the auditors’ findings
c. provide recommendations as to how the program can be improved
d. all of the above.
2. Government Auditing Standards must be adhered to in all financial audits except of
a. state and local governments
b. federal agencies
c. federally chartered banks
d. public corporations
3. In discerning the objectives of a program to be audited, the auditors should give the least credibility to
a. the legislation creating the program
b. the organization’s program budget
c. the organization’s mission statement and strategic plan
d. comments by the lower-level employees who actually depend on the program for their livelihoods.
4. ‘‘Generally accepted government auditing standards’’ (GAGAS) refers to standards incorporated in
a. the Yellow Book
b. the Yellow Book and OMB Circular A-133
c. the Yellow Book and the AICPA’s Professional Standards
d. the Yellow Book OMB Circular A-133, and the AICPA’s Professional Standards
5. Which of the following statements is incorrect about GAO standards pertaining to performance audits?
a. The GAO mandates that programs be audited annually by accounting trained professionals
b. Performance audits are normally carried out by internal audit departments
c. Performance audits focus on specific programs
d. The GAO does not specify when and how often a program, must be audited
6. Government Auditing Standards characterizes government engagements into which of the following three categories?
a. financial audits, compliance audits, and performance audits
b. financial audits, operational audits, and performance audits
c. financial audits, attest engagements, and performance audits
d. financial audits, efficiency and effectiveness audits, and compliance audits
7. The purpose of this is to avoid duplication of efforts in conducting governmental audits
a. AICPA’s Professional Standards
b. GAO’s Government Auditing Standards
c. Single Audit Act
d. OMB Circular A-133
8. The Yellow Book’s general standards are issued by the
a. GAO
b. FASB
c. AICPA
d. IRS
9. Which of the following is not reported upon in the Schedule of Findings and Questioned Costs?
a. reportable conditions related to internal control
b. material noncompliance with provisions of laws, regulations, contracts, or grant agreements
c. material examples of inefficiency and ineffectiveness in carrying out federally funded programs
d. federally reimbursed expenditures that are not adequately documented
10. Which of the following is not a General Auditing Standard for financial audits?
a. professional judgment
b. financial stability
c. independence
d. competence
11. Which of the following is a Yellow Book standard in respect to independence?
a. auditors may only audit one government agency during a fiscal year
b. auditors should not audit their own work
c. auditors may not advise in respect to computer installation
d. auditors may not audit public corporations
12. Federal funds must be used only for activities that are within the scope of the grant would be a(n)
a. optional activity
b. Yelllow Book mandate
c. allowable activity
d. prohibited activity
13. This law requires that the wages of laborers and mechanics employed by the contractors of federally funded projects be paid at prevailing local wage rates.
a. Davis-Bacon Act
b. Sarbanes-Oxley Act
c. Federal Wage and Hour Law
d. IRS Act
14. The process of specifically directing federal funds to a particular program is called:
a. allocation
b. earmarking
c. identification
d. subversion
15. Per the GAO standards, an auditor’s working papers must
a. be made public unless they contain information that would be harmful to national security
b. contain sufficient information to convince an auditor having no previous connection with the audit that the evidence supports the auditor’s conclusions and judgments
c. be retained by the auditor for a period of no less than 10 years
d. include documentation that the individual auditors on the engagement have satisfied the standards’ continuing professional education requirements
16. Auditors who perform government audits must complete 80 hours of continuing professional education every two years, of which ____ hours must be related directly to government auditing.
a. 24
b. 30
c. 16
d. 8
PROBLEMS (CHAPTER 14)
1. In a program review, auditors need to identify compliance requirements that are specific to the program itself and that are applicable to all federal award recipients. Identify and describe three general compliance requirements.
2. What reports result from single audits?
ESSAYS (CHAPTER 14)
1. How does Sarbanes-Oxley and IRS regulations affect governments and not-for-profits?
2. What are some questions that need to be addressed in assessing an ethical conflict?
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