Workplace Observation :: essays research papers

In all the different places I have worked there has always been a dress policy. In the Army we wore BDU’S and I always had to have my hair up. When I started working as a CNA again I had to ware a uniform â€Å"Scrubs† and there again they liked are hair to be up. I think in every job setting there should be a dress code for one it will distinguish you from everyone else and it lets the employees respect their job. Language had never been a real big problem to have to censor in the jobs that I have had. I think as an adult working in a professional setting you know what to say when you can say and where you can say it. Casual dress, a workplace perk acceptable throughout corporate America, is not altogether as common in other parts of the world. . (Tatiana D. Helenius) Sloppiness in dress not only makes a bad impression, but it may cause others to question business credentials or reliability. . (Tatiana D. Helenius) "In the international arena," said DelVecchio, "the words 'conservative, traditional, and formal' still very much apply. If you are not sure, err on the side of formality. Whether in Europe, Asia, the Middle East, or South America, informality and a careless attitude will scuttle even the most talented executive.† (Tatiana D. Helenius) If it's determined among your group that negotiations will be conducted in English, be considerate by avoiding slang terms such as "in the loop," "push the envelope" and "should I CC you on that?" This advice applies to written communications such as faxes, as well. (Tatiana D. Helenius) In political terms, "conflict" refers to an ongoing state of hostility between two groups of people. (Wikipedia: Verbatim copying.) Conflict as taught for graduate and professional work in conflict resolution commonly has the definition: "when two or more parties, with perceived incompatible goals, seek to undermine each other's goal-seeking capability". One should not confuse the distinction between the presence and absence of conflict with the difference between competition and co-operation. In competitive situations, the two or more parties each have mutually inconsistent goals, so that when either party tries to reach their goal it will undermine the attempts of the other to reach theirs. Therefore, competitive situations will by their nature cause conflict. However, conflict can also occur in cooperative situations, in which two or more parties have consistent goals, because the manner in which one party tries to reach their goal can still undermine the other's attempt.

Acct 559 Quiz 1 Solution

Quiz I (Chapters 1and 2) Date: Name: ID: Answer the following Questions: 1. Tower Inc. owns 30% of Yale Co. and applies the equity method. During the current year, Tower bought inventory costing $66,000 and then sold it to Yale for $120,000. At year-end, only $24,000 of merchandise was still being held by Yale. What amount of inter-company inventory profit must be deferred by Tower? A. $6,480 B. $3,240 C. $10,800 D. $16,200 E. $6,610 2. All of the following statements regarding the investment account using the equity method are true except A. The investment is recorded at cost B.Dividends received are reported as revenue C. Net income of investee increases the investment account D. Dividends received reduce the investment account E. Amortization of fair value over cost reduces the investment account3. After allocating cost in excess of book value, which asset or liability would not be amortized over a useful life? A. Cost of goods sold B. Property, plant, & equipment C. Patents D. Goodwill E. Bonds payable4. A company should always use the equity method to account for an investment if A. it has the ability to exercise significant influence over the operating policies of the investee.B. it owns 30% of another company's stock. C. it has a controlling interest (more than 50%) of another company's stock. D. the investment was made primarily to earn a return on excess cash. E. it does not have the ability to exercise significant influence over the operating policies of the investee.5. An upstream sale of inventory is a sale A. between subsidiaries owned by a common parent. B. with the transfer of goods scheduled by contract to occur on a specified future date. C. in which the goods are physically transported by boat from a subsidiary to its parent. D. ade by the investor to the investee. E. made by the investee to the investor.6. In a situation where the investor exercises significant influence over the investee, which of the following entries is not actually posted to the books of the investor?1) Debit to the Investment account and a Credit to the Equity in Investee Income account.2) Debit to Cash (for dividends received from the investee) and a Credit to Dividend Revenue.3) Debit to Cash (for dividends received from the investee) and a Credit to the Investment account. A. Entries 1 and 2 B. Entries 2 and 3 C. Entry 1 only D.Entry 2 only E. Entry 3 only7. All of the following statements regardi ng the investment account using the equity method are true except A. The investment is recorded at cost B. Dividends received are reported as revenue C. Net income of investee increases the investment account D. Dividends received reduce the investment account E. Amortization of fair value over cost reduces the investment account8. A company has been using the fair-value method to account for its investment. The company now has the ability to significantly control the investee and the equity method has been deemed appropriate.Which of the following statements is true? A. A cumulative effect change in accounting principle must occur B. A prospective change in accounting principle must occur C. A retrospective change in accounting principle must occur D. The investor will not receive future dividends from the investee E. Future dividends will continue to be recorded as revenue9. A company has been using the equity method to account for its investment. The company sells shares and does not continue to have significant control. Which of the following statements is true? A. A cumulative effect change in accounting principle must occur B. A prospective change in accounting principle must occur C. A retrospective change in accounting principle must occur D. The investor will not receive future dividends from the investee E. Future dividends will continue to reduce the investment account10. After allocating cost in excess of book value, which asset or liability would not be amortized over a useful life? A. Cost of goods sold B. Property, plant, & equipment C. Patents D. Goodwill E. Bonds payable11. How are stock issuance costs and direct combination costs treated in a business combination which is accounted for as an acquisition when the subsidiary will retain its incorporation? A. Stock issuance costs are a part of the acquisition costs and the direct combination costs are expensed B. Direct combination costs are a part of the acquisition costs and the stock issuance costs are a reduction to additional paid-in capital C. Direct combination costs are expensed and stock issuance costs are a reduction to additional paid-in capital D. Both are treated as part of the acquisition price E. Both are treated as a reduction to additional paid-in capital12. Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Entries for the consolidation of Lisa and Victoria would be recorded in A. A worksheet B. Lisa's general journal C. Victoria's general journal D. Victoria's secret consolidation journal E. The general journals of both companies13. At the date of an acquisition which is not a bargain purchase, the acquisition method A. Consolidates the subsidiary's assets at fair value and the liabilities at book value B.Consolidates all subsidiary assets and liabilities at book value C. Consolidates all subsidiary assets and liabilities at fair value D. Consolidates current assets and liabi lities at book value, long-term assets and liabilities at fair value E. Consolidates the subsidiary's assets at book value and the liabilities at fair value14. Which of the following statements is true regarding a statutory consolidation? A. The original companies dissolve while remaining as separate divisions of a newly created company B. Both companies remain in existence as legal corporations with one corporation now a subsidiary of the acquiring company C.The acquired company dissolves as a separate corporation and becomes a division of the acquiring company D. The acquiring company acquires the stock of the acquired company as an investment E. A statutory consolidation is no longer a legal option15. In a transaction accounted for using the purchase method where cost is less than fair value which statement is true? A. Negative goodwill is recorded B. A deferred credit is recorded C. Long-term assets of the acquired company are reduced in proportion to their fair values. Any exce ss is recorded as a deferred credit D.Long-term assets of the acquired company are reduced in proportion to their fair values. Any excess is recorded as an extraordinary gain E. Long-term assets and liabilities of the acquired company are reduced in proportion to their fair values. Any excess is recorded as an extraordinary gain16. In a purchase or acquisition where control is achieved, how would the land accounts of the parent and the land accounts of the subsidiary be combined? A. Entry A B. Entry B C. Entry C D. Entry D E. Entry E17. In a pooling of interests, A.Revenues and expenses are consolidated for the entire fiscal year, even if the combination occurred late in the year B. Goodwill may be recognized C. Consolidation is accomplished using the fair values of both companies D. The transactions may involve the exchange of preferred stock or debt securities as well as common stock E. The transaction is properly regarded as an acquisition of one company by another Prior to being united in a business combination, Botkins Inc. and Volkerson Corp. had the following stockholders' equity figures: Botkins issued 56,000 new shares of its common stock valued at $3. 5 per share for all of the outstanding stock of Volkerson.18. Assume that Botkins acquired Volkerson as a purchase combination. Immediately afterwards, what are consolidated Additional Paid-In Capital and Retained Earnings, respectively? A. $133,000 and $360,000 B. $236,000 and $360,000 C. $130,000 and $360,000 D. $236,000 and $490,000 E. $133,000 and $490,00019. Assume that Botkins and Volkerson were being joined in a pooling of interests and this occurred on January 1, 2000, using the same values given. Immediately afterwards, what is consolidated Additional Paid-In Capital? A. 138,000 B. $266,000 C. $130,000 D. $236,000 E. $135,00020. Chapel Hill Company had common stock of $350,000 and retained earnings of $490,000. Blue Town Inc. had common stock of $700,000 and retained earnings of $980,000. On Ja nuary 1, 2009, Blue Town issued 34,000 shares of common stock with a $12 par value and a $35 fair value for all of Chapel Hill Company's outstanding common stock. This combination was accounted for as an acquisition. Immediately after the combination, what was the consolidated net assets? A. $2,520,000 B. $1,190,000 C. $1,680,000 D. $2,870,000 E. $2,030,000

Cold Dark Matter (CDM)

The universe is made up of at least two kinds of matter. Primarily, theres the material we can detect, which astronomers call baryonic matter. Its thought of as ordinary matter because its made of protons and neutrons, which can be measured. Baryonic matter includes stars and galaxies, plus all the objects they contain. However, there is also stuff out there in the universe that cant be detected through normal observational means. Yet, it does exist because astronomers can measure its gravitational effect on baryonic matter. Astronomers call this material dark matter because, well, its dark. It doesnt reflect or emit light. This mysterious form of matter presents some major challenges to understanding a great many things about the universe, going right back to the beginning, some 13.7 billion years ago.   The Discovery of Dark Matter Decades ago, astronomers found that there wasnt enough mass in the universe to explain things like the rotation of stars in  galaxies and the movements of star clusters. Mass affects an objects motion through space, whether its a galaxy or a star or a planet. Judging by the way some galaxies rotated, for example, it appeared that there was more mass out there somewhere. But, it wasnt being detected. It was somehow missing from the mass inventory they assembled using stars and nebulae to assign a galaxy a given mass. Dr. Vera Rubin and her team were observing galaxies when they first noticed a difference between expected rotation rates (based on estimated masses of those galaxies) and the actual rates they observed. Researchers began to dig more deeply into figuring out where all the missing mass had gone. They considered that perhaps our  understanding of physics, i.e. general relativity, was flawed, but too many other things didnt add up. So, they decided that perhaps the mass was still there, but simply not visible. While it is still possible that we are missing something fundamental in our theories of gravity, the second option has been more palatable to physicists. Out of that revelation was born the idea of dark matter. Theres observational evidence for it around galaxies, and theories and models point to the involvement of dark matter early in the universes formation. So, astronomers and cosmologists know its out there, but havent yet figured out what it is yet. Cold Dark Matter (CDM) So, what could dark matter be? As of yet, there are only theories and models. They can actually be slotted into three general groups: hot dark matter (HDM), warm dark matter (WDM), and cold dark matter (CDM). Of the three, CDM has long been the leading candidate for what this missing mass in the universe is. However, some researchers still favor a combination theory, where aspects of all three types of dark matter exist together to make up the total missing mass. CDM is a kind of dark matter that, if it exists, moves slowly compared to the speed of light. It is thought to have been present in the universe since the very beginning and has very likely influenced the growth and evolution of galaxies. as well as the formation of the first stars. Astronomers and physicists think that its most likely some exotic particle that hasnt yet been detected. It very likely has some very specific properties: It would have to lack an interaction with the electromagnetic force. This is fairly obvious, since dark matter is dark. Therefore it doesnt interact with, reflect, or radiate any type of energy in the electromagnetic spectrum.   However, any candidate particle that makes up cold dark matter would have to take into account that it has to interact with a gravitational field. For proof of this, astronomers have noticed that dark matter accumulations in galaxy clusters wield a gravitational influence on light from more distant objects that happens to be passing by. This so-called gravitational lensing effect has been observed many times. Candidate Cold Dark Matter Objects While no known matter meets all of the criteria for cold dark matter, at least three theories have been advanced to explain CDM (if they exist). Weakly Interacting Massive Particles: Also known as WIMPs, these particles, by definition, meet all the needs of CDM. However, no such particle has ever been found to exist. WIMPs have become the catch all term for all cold dark matter candidates, regardless of why the particle is thought to arise.  Axions: These particles possess (at least marginally) the necessary properties of dark matter, but for various reasons are probably not the answer to the question of cold dark matter..MACHOs: This is an acronym for Massive Compact Halo Objects, which are objects like black holes, ancient neutron stars, brown dwarfs and planetary objects. These are all non-luminous and massive. But, because of their large sizes, both in terms of volume and mass, they would be relatively easy to detect by monitoring localized gravitational interactions. However, there are problems with the MACHO hypothesis. The observed motion of galaxies, for instance, is uniform in a way that would be hard to explain if MACHOs supplied the missing mass. Furthermore, star clusters would require a very uniform distribution of such objects within their boundaries. That seems very unlikely. Also, the sheer number of MACHOs that would have to be fairly large in order to explain the missing mass. Right now, the mystery of dark matter doesnt have an obvious solution — yet. Astronomers continue to design experiments to search for these elusive particles. When they do figure out what they are and how they are distributed throughout the universe, they will have unlocked another chapter in our understanding of the cosmos. Edited by Carolyn Collins Petersen.