Question

In: Accounting

Why is it important to properly state the issue in a judgment?

Why is it important to properly state the issue in a judgment?

Solutions

Expert Solution

Judgment has a number of meanings.

  • It is an ability, capacity, or faculty to make considered and effective decisions, come to sensible conclusions, perceive and distinguish relationships, understand situations, and form objective opinions especially in matters that affect action.
  • The opinion, conclusion, determination, or outcome produced from exercising or demonstrating judgment.

Judgment in the context of decision making could be summarized as:

  1. The ability or capacity to decide
  2. The thought processes used to decide
  3. The decision outcome that comes from exercising judgment.

ISSUE:

You need to begin with an initial statement that sets out the issue (usually a problem or challenge) which needs to be addressed, and which provides a clear statement of remedial action, saying what, by whom and by when

Why is it required to state an ISSUE ?

Setting out what is to be achieved and the rationale for it will:

  • Help all those who become involved (at whatever stage) to understand the initial reasoning behind decisions and actions
  • Highlight the expectations of funding bodies, commissioners and other key stakeholders
  • Help people to question initial assumptions and adapt the initial challenge statement as the input of stakeholders becomes known
  • Help to engage with all interested parties so they can develop a sense of ownership and commitment

Related Solutions

Why is it important for the receiving department to be properly staffed and equipped? Why is...
Why is it important for the receiving department to be properly staffed and equipped? Why is it important for the shipping department to be properly staffed and equipped? When scheduling production of products, what are the key factors to consider?
Why is it important for a company spokesperson to be properly and formally trained to talk...
Why is it important for a company spokesperson to be properly and formally trained to talk and conduct interviews with the media?
Why is global transportation such an important issue?
Why is global transportation such an important issue?
In your opinion, why is it important to exercise due diligence and sound professional judgment when...
In your opinion, why is it important to exercise due diligence and sound professional judgment when accepting new audit clientele? Do you feel it is appropriate to contact predecessor auditors to gather information about a potential new client? Why or why not?
Question 2 Explain why it is important for a cost accountant to identify properly the cost...
Question 2 Explain why it is important for a cost accountant to identify properly the cost drivers for the purpose of cost estimation.[8 marks]
Why is it important for you to properly chart a patient's findings? What can happen if...
Why is it important for you to properly chart a patient's findings? What can happen if you do not chart these findings correctly? What advise do you have for classmates on how to improve their learning of proper charting techniques?
Why are critical thinking and clinical judgment to leadership skills important within the interdisciplinary health care...
Why are critical thinking and clinical judgment to leadership skills important within the interdisciplinary health care team? ? What is critical thinking? ? What are leadership skills and provide examples? ? Provide examples of an interdisciplinary health care team.
Can anyone tell me what this means? A motion for summary judgment is properly granted when...
Can anyone tell me what this means? A motion for summary judgment is properly granted when there are no triable issues of material fact and the moving party is entitled to judgment as a matter of law.
Why is it important in our highly litigious society to manage electronic monitoring properly? In general,...
Why is it important in our highly litigious society to manage electronic monitoring properly? In general, list 10 things colleges do to encourage ethical behavior by students and/or faculty. Refer to chapter 14, pages 449-478 Question on page 471. Human Resource Management 15th edition Gary Dessler
Is the nursing home insurance company correct in saying that this is a professional judgment issue?...
Is the nursing home insurance company correct in saying that this is a professional judgment issue? N520- Legal and Ethical Issues in Health Care
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT