Fred and Wilma own and operate Framing World, a company that frames diplomas, professional certificates and other documents. Customers bring in the documents they want framed; Fred or

Wilma fills out a sales order noting the client's information (name, address and so on), the type of document to be framed and the details of the framing itself (such as the type and colour of frame).They also scan the document to the store's internal computer network for reference purposes.

Most documents are framed by hand, but Framing World also uses some specialised equipment for more complex jobs. The company maintains its accounting records in a general ledger system; the firm's accountant prepares monthly reports, such as income statements and bank reconciliations, using spread sheets and word processing software. Work in process and finished goods inventory are kept secure with alarm systems and video surveillance.

Accounting information systems typically comprise five elements.

Analyse the preceding narrative by identifying a specific example of each element. Explain your responses in the grid below.

(Explain the process and procedures for recording and storing financial data).

Scenario for Part C

Smuckers & Nudge, CPAs, have previously been engaged by Gerrimander Corporation to perform compilations and tax returns. Harry Gerrimander, the company’s president, indicated to the accountants that he needed “something more” than they previously provided. Mr. Gerrimander told Jenny Holt, the partner in-charge of the engagement, that the resulting ?nancial statements from this proposed engagement would be used primarily for management’s purposes internally as well as short-term bank loans. Holt recommended that a review of the ?nancial statements be performed and work be commenced without an engagement letter.

As Holt proceeded with the work, she indicated uneasiness about certain ?gures and conclusions but said she would take the client’s word about the validity of some entries since the review was primarily for internal use and was not an audit.

If Holt had not relied on the representations of management, she would have detected a material act of fraud committed by management.

(a)Explain the role that an engagement letter could have played in this scenario and indicate what should have been covered in the letter.

(b)What was Holt’s duty in this review? What is the potential liability faced by Smuckers & Nudge, CPAs? Who may assert claims against the ?rm?

You may be following your stock every day, but if you’re not, for Week 8 you must: 1. Record the current price of the stock for each company you selected in Week 3’s Stock Journal.You may use any price during this week (e.g., day one price, the opening, the low, the high, the close, or any price you find when you check it during the day). Using MS Excel spreadsheet or MS Word document, put your Week 3 and Week 8 stock prices side-by-side, to show your comparison. 2. Determine the current value of your total investment. Do not make any changes to your investment at this time. Calculate your total based on the number of shares and the new price per share, for each company. 3. Provide your opinion / assessment of your investments. Evaluate the results of your current investment. Are you happy with the result and the trend? Are you upset because you’re investment is worth less than $25,000. Feel free to speculate / guess at why you believe the stock increased, decreased, or remained static. Your final journal assignment will be to report the final value of your shares in Week 10.

1. You are a System Specialists at a packaging firm and have been asked to do an analysis on the plant. The nominal average weight of a bag is 100.00 kgs, the acceptable variation is +/- 0.5kg. Below are the statistics collected the past 20 days

A. Make a control chart/s for these two production lines (use excel or word)

B. Provide an executive summary of the readings from graph 1

C. From graph 1, which day/s should you take interest and investigate?

D. From the two graphs, which one is more stable or efficient, explain?

E. What recommendation are you going to give to the Operations Manager?

Assume that you are trying to get an algorithm which is supposed to generate legit words. In default, any letter from the English alphabet is equally likely to occur right after any English letter (including itself). Now you introduce your name and lastname as separate samples to your algorithm. The algorithm will learn some information about legit words from these samples and accordingly, it will adjust the probabilities by an additive fixed value p. For example, if your name is EDA, then the algorithm adjust itself by setting the probability of having D right after E as p+1/28 similarly probability of having A right after D as p+ 1/28. Of course, in that case the probabilities of having other letters right after E and D will be adjusted accordingly. Algorithm works only on pairs, so the triple orders do not matter for the algorithm. For all other details, by aiming to maximize the learning capability of your algorithm, you are free to decide on the new strategies. So, what new information will the algorithm get from your name and last-name. With what probability your algorithm could generate the word MEDIPOL. With what probability your algorithm could generate your last-name.

select 1 of the following government intervention programs:

• I picked Supplemental Nutrition Assistance Program (SNAP)

WRITE a 700- to 1,050-word summary of your analysis. Identify the intervention and the market failure leading up to the intervention. Complete the following in your paper:

• Analyze the arguments for government intervention as opposed to arguments for market-based solutions.Hint:See the information about market failures.
• Examine who has been helped and who has been hurt by the selected government intervention.
• Examine externalities and unintended consequences of such intervention. For example, consider whether the SNAP program and health coverage for low-income families result in higher future tax revenues because low-income children grow up healthier and produce higher incomes over their lifetimes.
• Analyze whether cost of the intervention you selected as a share of GDP or the number of participants is increasing,decreasing, or varies with the state of the economy, based on the cost trend(or number of participants) since its inception or since 2000.
• Analyze credible economists’ opinions on the success or failure of the intervention that you chose in achieving its objectives.
• Recommend whether the program should be continued as is, discontinued, or modified based on your conclusions. Defend your recommendation.

Your facility is a large children’s hospital in north Texas. Until recently your facility was part of a larger health care facility run by the state. The facility is now corporately owned and operated. During this reorganization period a major fire occurred at a local elementary school. Over 100 injured children were sent to your facility for care. You encountered many problems: care was delayed and inappropriate for many children because of the nature of their injuries due to lack of parental consent for treatment and smoke inhalation and burns. Your task is to develop a disaster plan specifically to address the deficiencies and to reshape your public image following the fire at the elementary school.

Using this case.

Write a 1 page report: 1” margins, single-spaced, 12-point font, Word document format (.doc or .docx)

Describe your facility

Describe your staff

Explain any legal or ethical issues of the situation

Explain your management style/theory

Discuss cultural issues that the situation presents

Explain budgetary plans or concerns

Explain credentialing or accreditation issues the situation present

Describe your response to the situation

IN YOUR OWN WORDS PLEASE DON´T COPY AND PASTE

1. Title of the essay: How is Conventional Finance Differs from Islamic Finance.

It is a group essay consisting of 4 students in a group.

Word length of the essay: Maximum 2000 words

2. Please do brainstorm briefly with your group members for supporting ideas, an approach for the introduction, and  organization of the paragraphs. Clustering, and a brief outline can help your writing.

3. Make sure the introduction has a clear thesis statement, located at the end of the first

paragraph, to give the essay focus and direction.

4. Organize body paragraphs logically. Make sure each paragraph is closely related to

the topic and discusses one major point or group of related points. Each body

paragraph should have a topic sentence and sufficient supports related to it. The

sentences in any paragraph should follow an orderly, logical sequence. Also, be sure that

paragraphs do not overlap in content but have smooth transitions from one to the other.

5. Make sure the conclusion relates to the original thesis statement in a logical way. Avoid

introducing new or off-topic ideas.

6. Give a reference section means which books/ papers your are refereeing in support of your essay

Variables typically included in a multivariate supply function (other than the price and quantity of the item the supply function represents) are prices of other goods that use similar input resources for production, expectations, the number of suppliers, techniques of production, taxes and subsidies, and prices of input resources, weather.  Please answer the following questions about the affect changes in other variables might have on the supply of the item.  These changes will either cause supply to increase (shift right) or decrease (shift left).  Use either word as applicable, for the short answer.

1. Suppose the market price of fuel oil increases (preparing for the winter demand), what will refiners do to the supply of gasoline (which uses the same input resources as fuel oil)?

2. A tariff is a form of trade restriction (that behaves much like a tax).  Suppose the United States imposes a high tariff on imported broccoli.  How might this change the supply of imported broccoli?

3. How will a decrease in the productivity of technology affect the supply of the item being considered, assuming no increase in the availability of manufacturing materials?

4. If the price of an input resource increases (and there are no cheaper substitutes for the resource) then producers of the item the resource is used to produce are likely to ____________________ the amount of the item produced

5. A subsidy is paid to vaccine producers in order to _______________ the supply of vaccine.

Research existing multi-vehicle, PV-assisted vehicle charging facilities. Create a report for one that has characteristics that interest you. At the minimum, the report and its narrative should include:

An image of the system
A summary of technical specs
Info on who and what this facility designed is to serve
Especially note: Is it grid connected, is there energy storage? If so, what kind?
What interested you in this particular design?
The URL, article reference, etc. for your information source(s)

You have the option of producing a written report in full sentence, paragraph form (with bulleted lists where appropriate), or a slide presentation with voiceover in VoiceThread, Your report upload is due 11 PM Tuesday 1/16. Written report uploads should be a PDF or Word file. VoiceThreads should be limited to 6 slides. Writing style and engineering document design counts, so take the same care with this report as you would any other important assignment.

See the Using VoiceThread link on the left for instructions for creating a multimedia report from a PowerPoint or PDF document. Upload your report using the VoiceThread Reports link. Set your sharing to include the class.

A grading rubric is included.