Sensitivity Approach also has some strength and some weakness. Discuss the strength and weakness
Assignment (3)
Deadline: Saturday 27/11/2021 @ 23:59
| Course Name: Accounting of Financial Institutions | Student’s Name: |
| Course Code: ACCT 405 | Student’s ID Number: |
| Semester: 1st | CRN: |
| Academic Year: 1443 H |
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Assignment Question(s): (Marks 5)
- Accounting for Securitization under SFAS No. 140 (2000) is a limited attempt to describe complex transactions that are structured to yield desired economic and accounting outcomes. This accounting raises three issues for users of financial reports. State these three issues.
(1.5 Marks)
- The vast majority of SPEs are VIEs, however VIEs need not be SPEs. Explain this statement. Also state the conditions that define an entity as VIE. (0.5 + 1.5 Marks)
- The sensitivity approach requires that the firm provide an estimate of the loss of value, earnings, or cash flow caused by a specific adverse movement in each market price or rate. Sensitivity Approach also has some strength and some weakness. Discuss the strength and weakness of Sensitivity Approach. (1.5 Marks)
Can you think of any instances where litigating a claim, in court, might benefit the studio?
1. Almost all studios prefer to have claims resolved by binding arbitration rather than by litigation. Can you think of any instances where litigating a claim, in court, might benefit the studio?
2. Why do you think Ponzi schemes like the one run by Bernie Madoff continue to elude detection? What could be changed to better protect investors against such schemes?
250 words for each question
Effects of technology
Effect of technology over daily life like households, travelling, banking, education & medical etc
Requirements: minimum 500words maximum 800 words
advantage and disadvantages of brands
Investigate several low-emanation workstation brands, and write a short paper about the brands’ advantages and disadvantages. Give a real-life scenario portraying the impact and the current application of the workstation brands.
Your paper must meet the following requirements:
- 4-5 pages in length, not including the cover page and reference page.
- Include an introduction, a body with fully developed paragraphs, and a conclusion.
- Be clearly and well-written using excellent grammar and style techniques. Be concise. Be logical. You are being graded in part on the quality of your writing. If you need assistance with your writing style, visit the Writing Center (Links to an external site.), which is also accessible from the Library’s homepage.
- Support your paper with at least two peer-reviewed, scholarly references. The CSU Global Library is a great place to find these resources.
Operation management
The primary activities in operations management is a system — they are all integrated and aligned with each other. The operations manager’s job is to ensure they are all effectively and efficiently working together in order to produce the desired goal of useful goods and services for customers.
Expalin this statement.
economic concept in light of current issues and real world situations
Unit 6: Discussion
Instructions
The purpose of this discussion board is to provide you with a forum to discuss your newly discovered economic concepts in light of current issues and real-world situations with others in the class. In essence, it is a practice ground for ensuring that your economic reasoning and foundation are secure. This portion of the course requires you to interact with your fellow classmates. Please address these discussion questions below. Make sure to analyze the questions using an “economic perspective.” In other words, utilize economics vocabulary in each of your posts. Respond to at least three classmates’ posts. Remember that content matters. You need to write more than “Great Job” or “I agree with you” to get full credit on your discussion responses.
Here are the Two Discussion Questions that I choose to respond back too.
Discussion Question Response 1 (JS)
Discussion 1:
There is a night and day difference between the coverage from The New York Times on the events of the bombing of Bosnia and the bombing of the BBC offices,
The first step for determining if an international act of violence should be considered news is defining what happened? We do this by asking what type of event happened. Was it war, terrorism, or protesting? Next we ask if the location makes it important to the viewers. And lastly, we need to know if the context or the timing is of significance. In the case of the bombing in Bosnia, The New York Times defined what happened as an act of terrorism, which has been important and relevant news to Americans since the tragic events of September 11th.
The second step for determining if an event makes international news is assigning ownership of the act, asking if it’s “ours” or “theirs.” The bombing in Bosnia is technically theirs, but since all of the sources for reporting the terrorist attacks came from American intelligence, it became ours. The New York Times was now free to put on their patriot frames. Their coverage of the Bosnian bombings was extensive and painted the US’s involvement in very pretty colors. We were hero’s who would protect any country from the dark cloud of communism.
It’s easy to sum up The New York Times coverage of the BBC office bombings, because there wasn’t any. This event was not defined as terrorism and received no coverage. It was theirs and not relevant to the viewers in America. The Times reported on the event and they remained factual and professional in all of their reporting, no red, white, and blue fanfare. While the Time considered it terrorism, it was still “theirs.”
Discussion 2:
The four key factors that determine if a nation is covered on international news in the United States are deviance, relevance, cultural affinity, and prominence.
Deviance is a departure from the usual or accepted standards, particularly in social standards. When discussing international news, there are three types of deviance: statistical, normative, and social change. In essence, an event or trend in a foreign country becomes news when there is a stray from what the audience perceives to be normal.
Relevance refers to the potential impact that the story could have on the news audience. In the American and European news media, relevance typically refers to trade or conflict or war. Terrorism is a perfect mix of relevance and deviance because terrorist tactics are designed to upset the normal operations of things and their relevance is to the U.S.’s fight against terrorism in the Middle East.
Another key factor for international news is cultural affinity, which measures how alike that country is to ours. Often times, cultural affinity boils down to that country’s freedom in the press and the most prominent religion. America is comprised of 2% Muslims, which explains why we hears less about Muslim countries. Additionally, if the press in that country has laws that are stricter than our own it is harder for our journalists to discover those stories and do their own investigation.
Lastly, the country’s prominence with in the hierarchy of all nations, simply boils down to how powerful is that country. China’s rise in power over the last decade has put their name in international news more frequently than in decades past. Many variables contribute to this factor, like the country’s Gross Domestic Product (GDP), population, trade positions, and military power.
Discussion Question Response 2 (MT)
Discussion 1: In one of your readings, you are told how journalists while reporting on an international incident use their national identity to determine whether it’s “our news” OR “their news.” Using the same reading, in 200 words compare how The New York Times portrayed the bombing of Bosnia with The New York Time’s portrayal of the bombing of BBC offices is Kashmir, India
As stated in the finding “while the war is actually ‘their’ war, the story in essence addresses issues of concern to ‘our’ country.” (Nossek, Hillel. 2004). Even though the war is not yet stablished, it is however something that could affect the American way of life; by means of American military involvement. This would lead to a lot of taxpayer spending to fund a war of this magnitude, bringing the media to portray to the American people that “this could affect you, and must be considered” regardless of how possible the situation might be. In other words, this now becomes our news.
On the other hand, the bombing at the BBC offices in Srinagar, Kashmir are considered in a scene “local news.” Because the attack itself was localized to more or an act against the local journalist, and not considered an act of terrorism. Therefore, not affecting our way of life and considered “their news.”
Sources Cited:
Nossek, Hillel. (2004). Our News and Their News: The Role of National Identity in the Coverage of Foreign News. Journalism. 5. 343-368. 10.1177/1464884904044941.
Discussion 2: In 200 words describe the four major factors that determine international news coverage in the U.S. Ensure that you have a small paragraph each for every factor.
Some factors that international news can trigger U.S media can be as follows:
- Government, as many of the world’s economy depends on the status of the U.S. Government, a lot of talk of any positive/negative impacts to our countries reactions to national issues can draw much of the media’s attention.
- Entertainment, many events such as the Olympics or the World cup can bring much attention to the U.S. media interest because it is an involvement of our country’s cultural contribution. This interest creates a bond with all the nations in the world.
- Business, many foreign issues such as in relation to crude oil, sanctions on major trade counties, can bring a large interest to local/national media coverage.
- Humanitarian, many major disasters around the world are covered by major media networks. But aside from the facts of the disasters at hand, much of the national news is turned to the aid being provide to such tragedy. Whether it be from government agencies, religious affiliations, or personal donations: the nationals media tends to focus on the importance of giving. However, to not leave out where the generous donations are coming from.
Write your opinion on Humanitarian Logistics with examples.
Q1: Write your opinion on Humanitarian Logistics with examples. 200 words
Q2: From real national/international market, select any type of strategic alliance between two firms and answer the following questions:
a) Briefly introduce your chosen firms, partners of the strategic alliance (industry, nationality, size, market position…). 150 words
b) What is the type of strategic alliance used by your chosen firms? Explain its different reasons.
c) What is the method used by the firms to manage their cultures after alliance? underline the pros and cons of this method
d) Is this strategic alliance successful? Justify.
e) What recommendations can you give for the managers of these firms to improve their competitiveness?
Note. All references used should be listed by the end of your analysis, using the APA style.
ACCOUNTING REQUIREMENTS
Q.1 Art on Wheels is a newly formed not-for-profit corporation. Its purpose is to promulgate public appreciation of 19th century Saudi artists. It plans to solicit works of art from donors and to display them both in a museum and in a specially constructed bus that will travel throughout the country. It establishes a written policy to collect works of art, exhibit them, and protect them from harm. Its policy also calls for selling donated works of art that do not meet its stated objective of enhancing appreciation of 19th century Saudi artists. Proceeds from those sales will be used either to purchase works that meet its objectives or, when necessary, to defray the expenses of displaying the works.
Required: Discuss the accounting requirements (including available options)
(a) recognizing revenues and assets resulting from donations of works of art, and
(b) depreciation of art works.
Q2. Malaz Township decides to construct a new city hall. Based on the following data, prepare a statement of revenues, expenditures, and changes in fund balance for Malaz Township’s Capital Projects Fund. All transactions occur within the calendar year 2020.
a. The Fund starts and ends the year with a zero fund balance.
b. The Fund’s financing sources for the city hall project were long-term bond proceeds – $6 million; operating transfer from the General Fund – $2 million; state grant – $1.5 million; interest from the temporary investment of cash – $90,000.
c. Total outlays for constructing the new city hall were construction costs – $8,250,000; design and construction supervision fees – $600,000.
d. City laws require that, whenever bonds are used, any remaining difference between total financing sources and construction costs must be transferred to the Debt Service Fund. Therefore, $740,000 was transferred to the Debt Service Fund.
Q.3 Whitt Valley Hospital is a not-for-profit initial care facility. Prepare a Statement of Operations for Whitt Hospital using the following information for its calendar year ending December 31, 2016:
- Third-parties and direct-pay patients were billed $6,500,000 at the hospital’s established billing rates
- The hospital determined that certain of its patients qualified for charity care and that it would not seek to collect $950,000 at established billing rates from direct-pay patients
- The hospital estimated contractual adjustments for the year, including year-end adjustments of $1,600,000
- The hospital estimated uncollectible amounts from direct-pay patients to be $250,000
- The hospital received capitation premiums of $2,500,000. It estimated that the cost of providing this care was $1,800,000
- The hospital reported salaries and wages of $4,500,000 for the year
- The fair value of investments held by the hospital increased by $25,000
- The hospital reported interest and dividend income of $100,000
- The hospital used $375,000 of temporarily restricted resources to purchase capital assets, consistent with the restrictions imposed by the donor
- The hospital reported depreciation expense of $475,000
- The hospital used supplies inventories of 365,000
- The hospital incurred other operating expenses of $275,000
Chapter-13
Q.4 KK Building Construction receives an annual appropriation to perform construction activities. KKBC does not use commitment accounting; instead, it obligates funds upon the award of contracts Prepare budgetary and proprietary journal entries to record the following transactions.
a. KKBC received an appropriation of $10,00,000.
b. The Office of Management and Budget apportioned $400,000 of the appropriation to the Department of Domestic Construction, which oversees the KKBC
c. The Department allotted the entire $400,000 apportionment to the KKBC.
d. KKBC awarded a building construction contract for $250,000.
Chapter -11
Q5. What are the financial statement and financial condition analysis indicators for liquidity ratios? Chapter 14
Requirements: 2 pages or more
SOFTWARE ENG QUESTION
- What is the difference between content architecture and WebApp architecture (5 points)?
- You are a WebApp designer for FutureLearning Corporation, a distance learning company. You intend to implement an Internet-based “learning engine” that will enable you to deliver course content to a student. The learning engine provides the basic infrastructure for delivering learning content on any subject (content designers will prepare appropriate content). Develop a prototype interface design for the learning engine (10 points).
- What are testing strategies? Why do we need to have testing strategies (5 points)?
- Why does a software engineer need to integrate a secure development lifecycle? Are the security practices dependent upon specific development technologies (5 points)?
- Define Application Security Control. How do you manage the ASC (5 points)?
Accounting question
What is the typical way to enter this path(corporate accounting)? Ie, do you need a CPA, do employees enter primarily as interns and then become hired full-time? Is a Master of Science in Accounting recommended or needed? Talk about the topic generally “corporate accounting”, but also go over what the three companies( FedEx, International Paper, andAutoZone.) look for as well. (ex. Does FedEx want you to be a CPA?) . Please give at least 2 reliable sources.This is the part of my presentation I am struggling with so please bullet point them like a powerpoint. However, If possible, please give an explanation of the powerpoint like bullets. thank you! there’s no hurry