Macroeconomics And Economics As A Whole Essay - 2290 Words

Matthew Jones Professor Ahmad Macroeconomics 11/29/16 Throughout the semester many concepts of macroeconomics and economics as a whole have been discussed thoroughly. Macroeconomics is defined as the study of the economy as a whole. The study of macroeconomics consists of many economic indicators. These economic indicators allow analysis of economic performance, predictions of future performance, and will indicate the overall health of the nation. Economists want to be able to forecast the direction the economy will take in the near future and they rely on different economic indicators. They have never agreed on a single economic indicator to predict the future. Some indicators are better than others, but none is consistently accurate; all give a false signal on occasion. The six economic indicators that will be focused on are Gross Domestic Product, Unemployment, Consumer Price Index, Retail Sales, Consumer Confidence, and Durable Goods. The economic indicators help see where the economy is in terms of the business cycle, which shows the rising and falling of economic conditions over time. The first economic indicator is Gross Domestic Product, commonly referred to as GDP. GDP is defined as the market value of all final goods and services produced in a country during a period of time, typically one year. The definition of GDP may seem very straightforward, but there are many subtleties. One key idea about this definition is that GDP only involves final goods andShow MoreRelatedFinance Is Based On Economics841 Words   |  4 PagesFinance is based on economics. Therefore, to properly understand financial markets and their behavior, you must first understand economics. Economics is the concern of production, distribution, trade and consumption of goods and services. It is the science that arises out of the relationship between limited resources and unlimited wants and needs by humans. Macroeconomics started with John Maynard Keynes, an English economist, who published a book entitled General Theory of Employment, InterestRead MoreMacroeconomics and Its Impact669 Words à ‚  |  3 Pagesï » ¿Macroeconomics and its Impact on Entering the Business World Macroeconomics is the field of economics that studies the behavior of the aggregate economy. Macroeconomics  examines economy-wide phenomena such as changes in unemployment, national income, rate of growth, gross domestic product, inflation and price levels (Investopedia, 2011). 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The Effectiveness Of The Opening To Hamlet Essay - 1269 Words

Hamlet is launched extremely well because there is no long drawn out introduction to the plot. The story begins almost immediately with a brief yet concise 5-scene Act entailing the state of affairs within the Court of Denmark. Each scene contributes to the overall exposition significantly and Act 1 effectively captures the interest of the audience, introduces the key characters, establishes the conflicts and creates and maintains the dominant atmosphere of the play. In Act 1 – Scene 1, the audience is instantly shocked into interest by the exchange of short, sharp speeches between the very nervous sentries of the castle. What follows is the audience’s discovery of the frequenting appearance of a Ghost and the sentries’ plans to have†¦show more content†¦Scene 2 therefore serves as part of a good exposition in that it: Captures the interest of the audience with new characters throwing light on the situation in Denmark as well as on Hamlet himself - making the audience yearn for more information about what is going on, especially at the close of the scene where Hamlet comes to the conclusion that there is something suspicious about, It introduces new and important characters such as Claudius, Gertrude, Polonius, Laertes and Hamlet and provides a brief look at their outer personalities, It provides more insight into the conflict hints at the underlying conflict between Hamlet and the newly married couple as well as the conflict within Hamlet himself, And it contributes to the dominant tragic atmosphere mainly due to Hamlet’s soliloquies which provide insights into the workings of his mind and hint at his imminent, tragic demise. 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Accounting Information System and Education

Question: Discuss about the Accounting Information System and Education. Answer: Introduction As per Diatmika, Irianto Baridwan (2016), the AIS that is Accounting Information System is organized as a sketch that helps in collecting, happening and maintaining of various kinds of data i.e. financially viable and accounting information. Therefore, it has been noted that the particular system of accounting information is useful for the persons who make significant decision about the triumphant management of the particular business. In other way, it can be said that the AIS is a specified method of accounting that is principally activated with the assistance of the systems of computers. Furthermore, the AIS chiefly helps out the persons who make decisions in sprawling the measures, especially those are allied with the methodology of accounting and also along with the information technology reservations. Explanation of the Method of Traditional Accounting As rightly stated by Du Huddart (2016), the method of accounting in a traditional way is featured as the giving out of the expenditures that is overhead of the manufacturing firms to the cargoes, which are formed. In addition to this, the meticulous method of accounting in a traditional way is as well known as the Method of Accounting in a Conventional Way. According to Ismail (2016), the method of accounting in a traditional way apportions the overheads that can be both meandering in nature and can be associated with the overheads of the manufacturing plant for producing convinced cargos depending on the overall volume. Finally, it can be said that the quantity depending on the dimensions comprise of statistics of cargoes that are formed, labor hours (direct)and the machine hours (production). Explanation of the Method of Cloud Based Accounting Conversely, Tazik Mohamed (2014) argued that the method of accounting in a cloud-based manner is portrayed as the certain dealings, especially those are taken place by the assistance of the connection of internet. Additionally, Prasad Green (2015) defined that this system does not involve any style of fitting of software in the systems of computer for administering the method of accounting in a cloud-based manner efficiently. In addition, Romney Steinbart (2015) identified that the corporations that pacts with the cloud computing normally vend the bookkeeping services and also proffer a number of isolated servers and roles. Relationship between the Method of Accounting in a Cloud Based Manner and the Method of Accounting in a Traditional Way As per the detailed study, it has been determined that there are numerous correspondences between both the methods of accounting that are method of accounting in a Cloud-based manner and the method of accounting in a traditional way. The similarities are both the methods of accounting mainly put emphasis on the main competencies and gauging the accounting correctly. Conversely, it can be said that despite of both the methods of accounting have a handful of resemblances, there are further variations between the two methods. These are as follows: Method of Accounting in a Cloud Based Way Method of Accounting in a Traditional Way The method of cloud-based accounting has lower upfront expenditures and expenditures of operation. The method of traditional accounting has higher upfront expenditure and expenditures of operation. The particular system of accounting has been found to assist the methodology of execution rapidly (Domeika 2015). For the method of traditional accounting, the methodology of execution takes more time. Cloud based accounting method aids in offering promotion and updates speedily. Traditional accounting method does not aid in offering promotion and updates speedily. Cloud based methodology of accounting aids in civilizing the accessibility, mobility and usability. Traditional accounting methodology does not channel the corporation in the procedure of civilizing the accessibility, mobility and usability (Moghadam et al. 2013). The process of integration is done effortlessly with the services related to cloud. Nonetheless, the traditional accounting method is the practice of amalgamation that cannot be made effortlessly along with the assistance of the exacting method. There is occurrence of risks about the safety as well as recital in case of the particular method of cloud based accounting. The system of traditional accounting is exempt from any category of safety as well as recital risks. The remaining risks, which are associated with the particular system of cloud-based accounting, are the risks of strategy and compliance (Du Huddart 2016). However, in case of system of traditional accounting, there is deficiency of any category of risks, either it may be risks associated with compliance or strategy. Restraints of Employing the Method of Accounting in a Cloud Based Way The prime inconveniences of employing the method of accounting in a cloud based way within a corporation are as follows: The method of accounting in a cloud based way is constituted of different kinds of risks and these involve the risks that are related to the performance of the firm, the risks that are associated with the security of the information and the data, the risks relayed with the compliance and the risks that are narrated strategically. The everyday expenditure i.e. both the operating costs and the fixed costs of employing the method of accounting in a cloud based way are additional due to the existence of the expenditures of the subscription. The SLA issues are the most common issues that are normally faced by the method of accounting in a cloud based way. There are restraints about the incorporation, policy of hybrid consumption, customization and functionality. Conclusion Finally, it can be suggested that both the mentioned methods of accounting have advantages and disadvantages. As a result, every organization should employ the particular method of accounting depending on its business category and its size. In addition, the firms having relatively smaller budget and possess those employees only who work remotely, cannot serve themselves with adequate defense and the businesses that mean to elude from any category of possible bodily calamities with expertise can execute the particular system of accounting. This implies the specified business can incorporate the cloud-based accounting system for operating the business in a better way. References Diatmika, I. W. B., Irianto, G., Baridwan, Z. (2016). Determinants of Behavior Intention Of Accounting Information Systems Based Information Technology Acceptance.Imperial Journal of Interdisciplinary Research,2(8). Domeika, P., 2015. Creation of the Information system of enterprise fixed asset accounting.Engineering Economics,60(5). Du, K., Huddart, S. (2016). Accounting Information Systems, Investor Learning, and Stock Return Regularities. Ismail, N. A. (2016). Accounting information system: Education and research agenda.Malaysian Accounting Review,8(1). Moghadam, H. M., Akhavansaffar, M., Bakhshaei, Z., MirHosseini, S. Y. (2013). Effect of investment in information technology system on providing desired services of accounting information system.Elixir International Journal A,55, 13268-13273. Prasad, A., Green, P. (2015). Organizational competencies and dynamic accounting information system capability: impact on AIS processes and firm performance.Journal of Information Systems,29(3), 123-149. Romney, M. B., Steinbart, P. J. (2015). Accounting Information System Thirteen Edition. Tazik, H., Mohamed, Z. M. (2014, February). Accounting information system effectiveness, foreign ownership and timeliness of corporate financial report. In5th Asia-Pacific Business Research Conference(pp. 17-18).

The Campus Wedding Essay Sample free essay sample

DSM DescriptionIn order to work out the Campus Wedding Case Study. the Critical Path Method network-planning theoretical account was used. The Critical Path Method is a process for scheduling a undertaking in which activity times are known so individual clip estimations are used. The critical way of activities is the sequence of activities in the undertaking that form the longest concatenation in footings of their clip to finish. This means that if one of the activities on that critical way is delayed. so the whole undertaking is delayed. There are four chief stairss to the Critical Path Method. The first measure is to place each activity to be done in the undertaking and gauge how long it will take to finish each activity. The activities are normally labeled A. B. C. D. etc. each missive will hold a figure next to it stand foring the sum of clip the activity will take. We will write a custom essay sample on The Campus Wedding Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page normally labeled in yearss or hebdomads. The 2nd measure is to find the needed sequence of activities and concept a web reflecting the precedency relationships. To make this. it is best to first happen the immediate predecessors. which are the activities that need to be completed instantly before the following activity. The predecessors are used to pull the web diagram. Once the diagram is drawn. the following measure is to find the critical way. which is the way where the amount of the activity times is the longest. The concluding measure is to find the early start/finish and late start/finish agenda for each activity. Slack clip may happen when there is some leeway in the start and finish clip. The early start and early coating times are written on the upper left and upper right corners severally of the activity nodes in the diagram. These are the earliest possible times that the activity can get down and complete. The late start and late coating times are written on the lower left and upper right corners severally of the nodes. To cipher the early times. start with the first activity and work to the last 1. To cipher the late times. start with the last activity and work back to the first. Chart of EventsBased on the reading from the instance. these are the activities that need to be completed before the nuptials. The chart below indicates the activity. the missive used to label that activity. the figure of yearss the activity will take to be completed. and eventually the cost of crashing the activity if necessary. | Activity| Days| Crashing Charges|A| Church Booking| 1| |B| Church Notice| 17| 10 yearss for $ 100|C| Church Dec. | 3| |D| Maid of Honor| 10| 2 yearss for $ 500|E| Choose Cake| 2| |F| Catering| 10| |G| Receive Dress Lace| 8| 5 yearss for $ 25|H| Dress Pattern| 3| |I| Sew Dress| 11| 6 yearss @ 120 per day|J| Dress Fitting| 2| |K| Clean/Press Dress| 2| 1 twenty-four hours for $ 30|L| Order Invitations| 12| 5 yearss for $ 35|M| Choose Invitation| 3| |N| Invitation Lead Time| 10| |O| Mail Invitations| 1| |P| Addressing Invitations | 4| 2 yearss @ $ 25 per day|Q| Gifts| 1| |R| Make Guest List| 4| |S| Rehearsal Dinner| 1| | Critical Path Network CalculationsThe Critical Paths-Seven waies are created in the above critical way web. They are:1 ) Path A-B-C21 Days2 ) Path E-F-S13 Days3 ) Path Q-S2 Days4 ) Path D-J-K14 Days5 ) Path H-G-I-J-K26 Days6 ) Path M-L-P-O-N30 Days7 ) Path R-P-O-N19 Days-When the late start/early coating is completed to happen the critical way. we find that way # 6 to be the critical way for this peculiar instance. However. since the nuptials needs to be completed in 21 yearss and path # 6 is at 30 yearss. this way will necessitate to be crashed. Therefore. waies # 1. 2. 3. 4. and 7 are the critical waies because they are at 21 yearss or less and can be completed in the allotted clip before the nuptials. Crashing– In order to complete all the activities on clip. waies # 5 and 6 demand to be crashed since they both take longer than 21 yearss. – Path # 5 – Total of 26 yearss – Needs to be reduced by 5 yearss-Activities that can be crashedG – Can be reduced by 3 yearss for a cost of $ 25I – Can be reduced by 5 yearss for a cost of $ 120 per twenty-four hoursK – Can be reduced by 1 twenty-four hours for a cost of $ 30-Solution– Crash G ( 3 Days ) $ 25– Crash K ( 1 Day ) $ 30– Crash I ( 1 Day ) $ 120( 5 Days ) $ 175 -Path # 6 – Total of 30 yearss – Needs to be reduced by 9 yearss-Activities that can be crashedL – Can be reduced by 7 yearss for a cost of $ 35P – Can be reduced by 2 yearss for a cost of $ 50 -Solution– Crash L ( 7 Day ) $ 35– Crash P ( 2 Day ) $ 50( 9 Days ) $ 85 Part B Solutions The 2nd portion of this instance describes a figure of complications that arose in the yearss prior to the nuptials. 1 ) On April 1. the president of the Vestry Committee at the church was left unimpressed by the added contribution and said he wouldn’t cut down the notice period from 17 to 10 yearss. -This peculiar issue refers to item B in the critical way web. which falls on way # 1. Since this way included the notice period of 17 yearss and takes 21 yearss to finish. the fact that reserving the church can non be crashed from 17 yearss to 10 yearss does non impact the nuptials from being completed on clip. 2 ) A call to Guatemala reveled that the possible maid of honor had several committednesss and could non perchance leave the state until April 10. – Having the amah of award travel to the nuptials location refers to item D which is portion of way # 4. This issue would intend that the amah of award would non get until April 20th. the twenty-four hours before the nuptials and there are still four yearss worth of activates to finish after she arrives. The lone solution would be to crash this peculiar point and have the amah of award flown up which would hold her arrive on April 12. However. this has to be done at a cost of $ 500. 3 ) Mother came down with the four-day grippe merely as she started on the guest list. – Making the guest list is item R on Path # 7. This way is already at 19 yearss and a four-day reverse due to the grippe would set this way at 23 yearss. 2 yearss over what it needs to be in order to be done by the nuptials. Since any points on this way that can be crashed have already been crashed. there is nil else that can be done. The household must happen another option. such as seting another individual in charge of making the guest list. if they want to run into their deadline. 4 ) The lacing and frock stuffs were lost in theodolite. Notice of the loss was delivered to the Jackson place early on April 10th. – The cargo of the lacing and frock stuffs refers to item G which is portion of way # 5. a way that has already been crashed to do certain the everything that will be completed on clip. As of April 10th. when the household receives the notice. there are merely 10 yearss left until the nuptials and 15 yearss of activities that need to be completed once the lacing arrives. The lone option the household has left is to engage Mrs. Watson to assist run up for an extra 5 yearss at a cost of $ 500. This reduces the figure of yearss from 15 to 10. but in order to finish everything before the marrying the lacing would hold to get the following twenty-four hours on April 11th. If it doesn’t. the household will non be able to finish everything on clip before the nuptials. 5 ) There was a little fire at the caterer’s store on April 8. It was estimated that the store would be closed two or three yearss for fixs. – This issue will hold no consequence on the nuptials. The points that refer to the caterer are on way # 2. which is merely at 13 yearss. An extra 2 or 3 twenty-four hours reverse will still let all these points to be completed on clip.