What is the appropriate exchange rate for converting foreign currency balances?
Complete two exercises in accounting for foreign currency transactions and translating financial statements from a foreign currency into U.S. dollars.
Introduction
In today’s global economy, many companies conduct business in currencies other than the currency in which they report. Goods are often imported or exported with prices stated in a foreign currency. For the purpose of reporting, foreign currency balances must be stated in the company’s reporting currency. That is done by multiplying the foreign currency by an exchange rate.
To restate foreign currency balances, accountants consider two questions:
- What is the appropriate exchange rate for converting foreign currency balances?
- How does one account for changes in the exchange rate?
Companies often engage in foreign currency hedging activities in order to avoid any adverse impacts of exchange rate changes. As a result, accountants must determine how to account for these hedging activities.
Many U.S. companies have significant financial interests in foreign countries. As a result, the way in which foreign currency is translated into U.S. dollars is significant. The two major issues related to the translation process are:
- Which translation method to use.
- Where to report the resulting translation adjustment in the consolidated financial statements.
Translation methods differ based on whether accounts are translated at the current exchange rate or at historical rates. Accounts that are translated at the current exchange rate are exposed to translation adjustment. Different translation methods result in different concepts of balance sheet exposure.
Illustrate the impact of scientific thinking on personal and professional experiences
Part Two of this project addresses the following course outcomes: ● Illustrate the impact of scientific thinking on personal and professional experiences ● Communicate effectively to specific audiences in examining fundamental aspects of the natural world ● Utilize empirical evidence in drawing conclusions about the impact of contemporary scientific issues on individuals and society
Discuss how you would apply the findings from your literature review to your future professional practice in psychology.
Assessment 3 Instructions: Your Career in Psychology
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Write a 5-7 page paper in which you further define your vision, analyze the requirements needed for achieving your vision, and create an action plan to achieve your goals.
Introduction
You have reached the final assessment in this course. Soon you will be on to your second course. Read the requirements for the assessment carefully, and review the list of suggested resources to decide if they may be useful in completing the assessment.
Note: The assessments in this course build upon each other, so you are strongly encouraged to complete them in sequence.
Overview
This final assessment provides you an opportunity to transform your vision into reality by translating your exploration and brainstorming activities into a plan to actualize your vision and achieve your goals. By now, you are a practitioner-scholar with a lot of knowledge and insight about your interests in psychology and your career trajectory.
Preparation
Throughout this course, you had opportunities to clarify your passions and interests in psychology practice and scholarship, to create goals to help you achieve your vision, and to explore the competencies and requirements for pursuing a career in your specialized field of psychology. To begin this assessment:
Take some time to reflect on all you have learned about the field and ways you can contribute to psychology, especially within your specialization.
Review work you have done in previous assessments that you could revise and incorporate into this final assessment.
Review the Your Career in Psychology Template [DOC]. You will need to use this template when writing your paper.
Use the Your Career in Psychology Worksheet [DOCX] to organize your ideas.
Read the Your Career in Psychology Assignment Exemplar [PDF] for an example of a completed assessment.
Instructions
Complete the following in the Your Career in Psychology Template:
- APPLICATION AND RESEARCH VISION
Describe your vision for your career as a practitioner-scholar.
Discuss how you would apply the findings from your literature review to your future professional practice in psychology.
What aspects of your research affected your vision or goals?
Given this, what topics do you think you would be interested in researching in the future?
Analyze how your work this quarter will help you accomplish the functions, responsibilities, and ethics required of a professional in your specialization. Remember to critically evaluate all information you use.
Describe how your vision was affected by the information in your readings from your Career Paths in Psychology text and in your exploration of the Career Center and other resources. - PROFESSIONAL COMPETENCIES AND REQUIREMENTS
Understanding the competencies and responsibilities involved in your future career in psychology is essential for growing as a practitioner-scholar in your field. It is also necessary to understand any requirements needed for your specialized practice and scholarship.
For this step in the assessment, describe the competencies, responsibilities, ethical considerations, and other requirements needed for achieving your vision and goals as a professional in psychology. These include:
Capella program and specialization requirements.
Credentialing, certification, licensure, and accreditation practices and standards.
Analyze the role of the practitioner-scholar model in guiding professional development.
Skills, abilities, and attitudes critical to success in the field of psychology, such as those related to critical thinking, decision making, problem solving, evidence-based practices, ethical integrity, cultural competence, and conflict resolution.
Make note of skills, abilities, and attitudes related to the practitioner-scholar model and the experience you had in researching scholarly sources in your literature review.
Ethical codes, principles, laws, and policies applicable to your chosen career path. - ACTION PLAN
With all this knowledge of your vision and goals, and the competencies and requirements for the field in hand, you are ready to plot your course to making these aspirations a reality. The final step in this assessment is to create an action plan to achieve your goals. This means translating the requirements for your profession and the development areas you identified into specific, measurable, achievable, realistic, and timed (SMART) steps to achieve your vision.
Include these elements in your action plan:
Plan for completing your Capella program.
Possible opportunities for additional training or volunteer work to address gaps in your knowledge or skills.
Possible opportunities in your current position to develop additional skills.
Capella community groups and professional organizations that you could join for networking with others and completing additional informational interviews.
How you will stay current with the research, literature, and ethics in the field.
Steps you can take to become more inclusive in your professional life.
How you can apply what you have learned in this course about researching psychological literature and evaluating it in terms of reliability, credibility, ethics, and value.
How you will apply critical thinking and effective decision making in your specialization.
How you will use Capella’s support resources to develop the skills required to improve your writing and other competencies essential to the profession and to your role as a graduate learner.
Review the SMART Goals presentation, Career Center resources, and search the Capella University Library for additional reflective exercises and inspiring ideas about transforming your vision into an action plan.
Before You Submit
To maximize your scoring potential, be sure that you fully address all assessment requirements and meet the criteria in the scoring guide. It is helpful to self-score your paper using the scoring guide before submitting, to be sure that you are meeting criteria for the grade you want to earn.
SMARTHINKING
It is recommended that you have your assessment reviewed by Smarthinking. Plan 24–48 hours to get results from this service, and additional time to make revisions before you submit the assessment for a grade.
SAFEASSIGN
Submit a draft of your assessment to SafeAssign for review of proper citations and references. It is very important that you always submit your work as a draft so you can make revisions before submitting your assessment for grading. Refer to the courseroom SafeAssign resources for guidance in accessing your feedback from SafeAssign, interpreting your report, and improving your writing and citations for your assessment.
Additional Requirements
Written communication: Should be free of errors that detract from the overall message.
Writing style: APA expectations for scholarly writing include the use of third-person narrative, unless it is awkward to do so. However, because you are talking about yourself in this paper, you may write in the first person.
APA formatting: References and citations should be formatted according to current APA style and format. Include a title page, abstract, and references list. See Evidence and APA for more information.
Resources: Minimum of five resources with at least three of them from course readings. Your references may include both scholarly literature and practitioner sources. All references need to be cited in-text, according to current APA standards. Remember that citations are to support your thoughts, not take the place of them!
Length: 5–7 double-spaced pages, not including the title page or references page.
Font and font size: Times New Roman, 12-point.
Template: Use the Your Career in Psychology Template [DOC] to format your assessment. Also see the Your Career in Psychology Assignment Exemplar [PDF] for an example of a completed assessment.
Competencies Measured
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 1: Analyze the role of the practitioner-scholar model in guiding professional development.
Describe a vision for your career, including three specific goals.
Explain how your literature review and research on career information affected your vision.
Competency 2: Evaluate psychological literature in terms of reliability, credibility, ethics, and value.
Discuss how to evaluate psychological literature in terms of reliability, credibility, ethics, and value.
Competency 3: Analyze the functions, responsibilities, and ethics required of a psychology professional.
Analyze the functions, responsibilities, and ethics required of a psychology professional.
Create an action plan to achieve your goals that includes most of the required elements.
Competency 4: Apply critical thinking and effective decision making.
Discuss how to apply critical thinking and effective decision making as a psychologist.
Competency 5: Communicate in a manner that is scholarly, professional, and consistent with expectations for professionals in the field of psychology.
Convey purpose, in an appropriate tone and style, incorporating supporting evidence and adhering to organizational, professional, and scholarly writing standards.
Apply APA style and formatting to scholarly writing.
Evaluate the influence of global money markets on financial statements
Complete two exercises in accounting for outside ownership (noncontrolling interest) and eliminating intercompany transactions, resulting in unrealized gains and losses.
Introduction
It is not necessary for a parent company to acquire all of a subsidiary’s stock in order to form a business combination. In fact, when one company acquires control of a subsidiary company, the ownership interest of the parent company is sometimes less than 100 percent. All that is required in a combination is control over the decision-making process; this is usually achieved by acquiring a majority of the voting shares.
Ownership of any subsidiary stock that is retained by outside, unrelated parties is called noncontrolling interest. A consolidation may become quite complex when there is noncontrolling interest. The involved subsidiary owners and their equity must be recognized by the parent company in its consolidated financial statements. The valuation of the subsidiary’s assets and liabilities may also be a challenge with there is noncontrolling interest and the acquisition method is followed. Clearly, noncontrolling interest issues are often present, and a central issue is how the financial statements are presented for both entities.
In Assessment 1, you analyzed the deferral and subsequent recognition of gains that were created by inventory transfers between two affiliated companies in connection with equity method accounting. In that case, intra-entity profits were not realized until the earning process culminated in a sale to an unrelated party. A similar process can be applied to transactions between companies within a business combination. Be mindful that sales within a single economic entity create neither profits nor losses.
The opportunity for direct acquisition of assets (e.g., inventory) is often a reason for the creation of the business combination. Because the transaction was not made with an outside, unrelated party, the sales and purchases created by the transfer must be accounted for by accountants with each entity. This is true regardless of the asset, be it inventory, land, or depreciable assets.
Preparation
The following resources are required to complete the assessment.
Complete the problems in the Assessment 2 Problems document using the related template, both of which are linked in the Required Resources for this assessment. All financial information and applicable instructions are provided.
In these problems you will:
- Determine consolidated balances.
- Calculate intra-entity transfer account balances.
Competencies Measured
By successfully completing this assessment, you will demonstrate your proficiency in the course competencies through the following assessment scoring guide criteria:
- Competency 1: Consolidate financial statement information.
- Calculate intra-entity transfer account balances.
- Competency 2: Evaluate the influence of global money markets on financial statements.
- Determine consolidated balances.
- Competency 5: Communicate in a manner that is professional and consistent with expectations for professionals in the field of accounting.
- Communicate results from accounting calculations accurately and clearly.
How does a tracking Gantt chart help communicate project progress?
Answer each with a minimum of 200 words
What do you consider to be the top five best practices in project management related to acquiring and developing a project management team? Which of these have you successfully applied? Please explain.
How does a tracking Gantt chart help communicate project progress? Why is it important for project managers to resist changes to the project baseline? Under what conditions would a project manager make changes to a baseline? When would a project manager not allow changes to a baseline? Please explain with examples.
What are the key decisions and steps for project closure, and what are the ethical considerations in project management? Are they the same or do they vary in different regions of the world? Please explain and cite examples.
What are the risk factors necessary to take into considerations as you develop treatment parameters for this patient?
You are making rounds in the intensive care and the nurse reports the patient has spiked a fever, oxygen saturations are below 85%, tachycardia, and variant hypotension. The patient is intubated and has been treated for COVID pneumonia for 10 days. What are some specific aspects of assessment and diagnostic workup on which you would want to focus? Provide three differential diagnoses at this point and what treatment parameters you need to start while ruling out complications. What are the risk factors necessary to take into considerations as you develop treatment parameters for this patient? Think about sepsis from multiple sources of a prolonged ICU stay. Support your summary and recommendations plan with a minimum of two APRN-approved scholarly resources.
Describe how aging in older adults is accelerated by poverty
Health promotion
Healthy aging is an important public health issue, both nationally and internationally. The World Health Organization (WHO) recognizes healthy aging as a process whereby all people of all ages are able to live a healthy, safe and socially inclusive lifestyle.
1. Describe how aging in older adults is accelerated by poverty (One paragraph)
2. Discuss how social determinants of health for older adults are impacted by those living in poverty (Four paragraphs)
3. Make a proposal to improve the social determinants for impoverished older adults (One paragraph)
Discuss healthcare policy and political actions
APA norms
All paragraphs must be narrative and cited in the text- each paragraph
The writing must be coherent, using connectors or conjunctive to extend, add information, or contrast information.
Bulleted responses are not accepted
Don’t write in the first person
Don’t copy and paste the questions.
Answer the question objectively, do not make introductions to your answers, answer it when you start the paragraph
Submit 1 document per part
3)****************************** It will be verified by Turnitin (Identify the percentage of exact match of writing with any other resource on the internet and academic sources, including universities and data banks)
********************************It will be verified by SafeAssign (Identify the percentage of similarity of writing with any other resource on the internet and academic sources, including universities and data banks)
4) Minimum 3 references (APA format) per part not older than 5 years (Journals, books) (No websites)
All references must be consistent with the topic-purpose-focus of the parts. Different references are not allowed.
5) Identify your answer with the numbers, according to the question. Start your answer on the same line, not the next
Example:
Q 1. Nursing is XXXXX
Q 2. Health is XXXX
6) You must name the files according to the part you are answering:
Example:
Part 1.doc
Part 2.doc
__________________________________________________________________________________
Part 1: Healthcare Policy
1. Reflect and describe how to link nursing, healthcare policy, patient advocacy, health reforms, and policy with nursing practice (two paragraphs)
2. Discuss healthcare policy and political actions(two paragraphs)
3. Discuss the impact of nursing mentors/educators during the healthcare policy course.(two paragraphs)
State your research question and explain how it relates to your specialization and professional interests.
Assessment 2 Instructions: Literature Review
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Write a 4-5 page literature review that synthesizes the sources you found related to your research question.
Introduction
Welcome to your second assessment! (This is not so bad now, is it?) Read each portion of the assessment carefully and see if the suggested resources can help you complete it.
Note: The assessments in this course build upon each other, so you are strongly encouraged to complete them in sequence.
Overview
For this assessment, you will write a literature review. Now that you have found resources related to your research question, the next step is to look further into how they relate to each other and shed light on your research question. Not only will you be writing literature reviews in some of your future courses at Capella, but these skills will also help you in your future career in whatever specialization you pursue. For example, as an addictions counselor, you might need to develop a treatment plan that is suited to a particular situation. You will need to turn to the literature to understand what is known and what is not about that situation. Using critical thinking skills, you can find themes and determine what course of action your treatment plan should take. Behavior analysts also rely on the literature to determine evidence-based practices when assessing, setting goals, and developing support plans for clients and students.
Preparation
Complete the following if you have not already:
Analyze the sources you found in your preparation activities.
Review the Literature Review Template [DOC]. You will need to use this template when writing your paper.
Use the Literature Review Worksheet [DOC] worksheet to help you work through the process of identifying themes in your research and synthesizing the articles into your Literature Review.
Review the Literature Review Assignment Exemplar [PDF], which provides an example of a literature review.
Instructions
Complete the following in your assessment template:
INTRODUCTION
State your research question and explain how it relates to your specialization and professional interests.
SYNTHESIS OF LITERATURE INTO A COHESIVE REVIEW
Identify at least three key themes, or focuses of inquiry, that are relevant to your research question and present in each article. These themes may be based on:
Related aspects of research questions.
Related or differing conclusions.
Other factors or ideas the studies have in common.
Other points of contrast between the studies.
Use concise formulations of these themes as headings for the next sections of the paper. In these sections, compare and contrast your resources’ positions relative to each theme, and then synthesize your own position relative to the theme. Support your conclusions by citing your references.
Granello’s 2001 article, “Promoting Cognitive Complexity in Graduate Written Work: Using Bloom’s Taxonomy as a Pedagogical Tool to Improve Literature Reviews,” provides a framework and strategies to help you work through this part of your assessment.
CONCLUSION
Restate the conclusions you came to regarding the themes you explored with your research. Support your conclusions by citing your references. However, if you find that more research would be needed to decide a question, briefly outline ideas of how you could undertake that research.
Before You Submit
To maximize your scoring potential, be sure that you fully address all assessment requirements and meet the criteria in the scoring guide that will be used to assess your assessment. It is helpful to self-score your paper using the scoring guide before submitting, to be sure that you are meeting criteria for the grade you want to earn.
SMARTHINKING
It is recommended that you have your assessment reviewed by Smarthinking. Plan 24–48 hours to get results from this service, and additional time to make revisions before you submit the assessment for a grade.
SAFEASSIGN
Submit a draft of your assessment to SafeAssign for review of proper citations and references. It is very important that you always submit your work as a draft so you can make revisions before submitting your assessment for grading. Refer to the courseroom SafeAssign resources for guidance in accessing your feedback from SafeAssign, interpreting your report, and improving your writing and citations for your assessment.
Additional Requirements
Written communication: Should be free of errors that detract from the overall message.
APA formatting: References and citations should be formatted according to current APA style and format. Include a title page, abstract, and reference list. See Evidence and APA for more information.
Resources: Minimum of three scholarly resources. All references need to be cited in-text, according to current APA standards. Remember that citations are to support your thoughts, not take the place of them!
Length: 4–5 double-spaced pages, not including the title page or reference page.
Font and font size: Times New Roman, 12-point.
Template: Use the Literature Review Template [DOC] to format your assessment.
Competencies Measured
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 1: Analyze the role of the practitioner-scholar model in guiding professional development.
Explain how a research question relates to a specialization area in psychology and to a career vision.
Competency 4: Apply critical thinking and effective decision making.
Identify themes that are relevant to a research question and present in each scholarly resource cited.
Use critical thinking tools to synthesize a cohesive review of literature concerning a research question in psychology.
Competency 5: Communicate in a manner that is scholarly, professional, and consistent with expectations for professionals in the field of psychology.
Apply the standard writing conventions for the discipline, including structure, voice, person, and tone.
Apply APA formatting to in-text citations and references.
SCORING GUIDE
Use the scoring guide to understand how your assessment will be evaluated.
VIEW SCORING GUIDE
What lessons have you personally learned from Enron which will mold your self-leadership?
Self-Leadership & Social Responsibility at Work
Mental images of greedy managers operating from lavish executive suites, misusing power to manipulate organizations (and the people that work for them and depend on them) for personal gain, can be discouraging. Each of us has a choice in terms of our own self-leadership stance concerning ethical behavior and social responsibility. Enron is a great example of self-leadership and ethics.
First, read the following case study on Enron in the Journal of Leadership.
Now, write a paper comparing and contrasting the leadership of Enron with the non-management of Enron in light of self-leadership. How did Enron’s corporate culture promote unethical decisions and actions? What lessons have you personally learned from Enron which will mold your self-leadership?
