1- Identify the Epidemiological triangle, and explain the elements.

2- What are communicable diseases, give examples and explain the role of the nurse.

3- Describe Intrinsic and extrinsic factors for infectious agents, provide examples.

4- Explain the purpose of Healthy people 2020 and its benefits.

5- Why is Cardiovascular disease a targeted condition for Healthy People 2020?

1- Identify the Epidemiological triangle, and explain the elements.

2- What are communicable diseases, give examples and explain the role of the nurse.

3- Describe Intrinsic and extrinsic factors for infectious agents, provide examples.

4- Explain the purpose of Healthy people 2020 and its benefits.

5- Why is Cardiovascular disease a targeted condition for Healthy People 2020?

Based on your knowledge on income elasticity of demand, normal good and inferior good, discuss the demand for luxury cars and bread (khubs) before February 2020 and after February 2020. Given today’s economic situation, would you advice the government to build more luxury car manufacturing plants or build green houses to produce food?

Which of the following taxpayers may claim the standard mileage rate?

Kamila, a sole proprietor, drove her new automobile 3,199 miles for business in 2020. She kept a contemporaneous record of her mileage.

Merlin, a sole proprietor, drove his 2018 automobile 15,832 miles for his business in 2020. He has been using actual expenses since he put the vehicle into service.

Joyce is a volunteer at the American Red Cross in her community. She estimates she drove at least 2,000 miles during 2020 for her volunteer work.

Sally, a reserve member of the Armed Forces, moved 1,956 miles to be closer to her aging parents.

QUESTION 2 The government of Ghana through the Minister of Finance presented the 2020 Budget statement to Parliament in November 2019.The Coronavirus Disease 2019 (COVID -19) pandemic that has hit the world has impacted on global economy including Ghana, thus affecting our macroeconomic targets in the budget statement presented in November 2019. The Minister of Finance presented a statement to Parliament on the economic impact of COVID – 19 pandemic on the economy of Ghana and the way forward at the end of March, 2020. Discuss five (5) key impact of the COVID-19 on the achievement of our fiscal policy targets for the year 2020 by comparing the original budget statement to the one presented after COVID- 19.

Swift Corp., a capital goods manufacturing business that started on January 4, 2019, and operates on a calendar-year basis, uses the cost recovery method of profit recognition in accounting for all its sales. The following data were taken from the 2019 and 2020 records.

                                                                      2019                   2020

Installment sales                                 $800,000         $1,000,000

Cost of sales                                         $600,000         $700,000

Cash collections on sales of 2019 $500,000         $300,000

Cash collections on sales of 2020        –0–                $600,000

Instructions: Using cost recovery method

(a) Compute the amount of realized gross profit to be recognized in each year

(b) State where the balance of Unrealized Gross Profit in each year

answer with exel

.The government of Kenya through the Minister of Finance presented the 2020 Budget statement to Parliament in November 2019.The Coronavirus Disease 2019 (COVID -19) pandemic that has hit the world has impacted on global economy including Kenya, thus affecting our macroeconomic targets in the budget statement presented in November 2019. The Minister of Finance presented a statement to Parliament on the economic impact of COVID – 19 pandemic on the economy of Kenya and the way forward at the end of March, 2020.

Discuss five (5) key impact of the COVID-19 on the achievement of our fiscal policy targets for the year 2020 by comparing the original budget statement to the one presented after COVID- 19.  

QUESTION 2
The government of Ghana through the Minister of Finance presented the 2020 Budget statement to Parliament in November 2019.The Coronavirus Disease 2019 (COVID -19) pandemic that has hit the world has impacted on global economy including Ghana, thus affecting our macroeconomic targets in the budget statement presented in November 2019. The Minister of Finance presented a statement to Parliament on the economic impact of COVID – 19 pandemic on the economy of Ghana and the way forward at the end of March, 2020.
Discuss five (5) key impact of the COVID-19 on the achievement of our fiscal policy targets for the year 2020 by comparing the original budget statement to the one presented after COVID- 19.

Contingent Liability

Facts:

• You are auditing a very successful and highly profitable manufacturing company as of December 31, 2020.
• The Company has always maintained adequate insurance in different areas. The Company has decided, effective January 1, 2021, not to purchase insurance against risk of loss that may result from injury to others, damage to the property of others, or interruption of its business operations.
• The Company would like to record a $5,000,000 reserve as of December 31, 2020 for claims associated with future events which may occur.

Required:

Should the Company record this $5,000,000 Reserve for Claims (a contingent liability) in its 12/31/2020 Financial Statements? Why or why not?