The Soothing Sensation That Is Bath Salts

The Soothing Sensation That is Bath Salts Introduction â€Å"Oh yeah, me and my girlfriend have a big bag of lavender bath salts sitting at home,† was the initial reaction when I asked a fellow engineer to portray as a testimonial for our borderline inappropriate bath salts infomercial. Contrary to popular belief, this new synthetic drug is far away from producing any effects that are similar to that of a relaxing bath. Until recently, bath salts were popularized to be a â€Å"legal high. In order to tip toe around the federal drug regulatory laws, bath salts were marked with a warning label that mentioned â€Å"not for human consumption. † In South Carolina, before the ban on October 24th 2011, bath salts could be purchased at one of the many head shops, gas stations, and even online. The appearance of the drug itself is usually in a powdered form that is sold within a package that is very aesthetically pleasing. These packages are sold under a variety of appealing na mes such as Ivory Wave, Vanilla Sky, Bliss, Blue Silk and etc.The composition of the synthetic drug bath salts can vary from dealer to dealer. Sometimes you may find traces of other stimulant drugs such as cocaine, amphetamines, or ecstasy, but the most important culprit in bath salts is 3,4-methylenedioxypyrovalerone (MDPV). MDPV falls under the category of phenethylamines and it is structurally related to synthetic cathinones. Synthetic cathinones are a group of drugs that are derivatives of the natural plant Catha edulis (also known khat), that contain the chemical phenylalkylamine alkaloid (Coppola, 2011).The remainder of the paper will provide some of the current available information such as pharmacokinetics, neurophysiology, and a brief discussion about MDPV as the primary active ingredient in bath salts. Pharmacokinetics The routes of administration of bath salts are similar to that of drugs in the â€Å"salt† class. The most common method is insufflation which result s in faster onset of the effects but does not have a long duration. There are also other routes of administration preferred by drug enthusiasts; these mechanisms include parietal injections, intravenously, â€Å"bombing,† and also rectal administration.The â€Å"bombing† method involves putting the salt crystals in to cigarette paper to form a capsule and then simply swallowing it. The rectal administration requires an individual to dissolve the salt crystals in a type of liquid vehicle (i. e. water) and then introduce the liquid to the rectum via the anus. The absorption of MDPV is primarily dependent on the route of administration. The nasal route obviously has the quickest absorption. On the other hand, the oral administration is absorbed poorly because when taken orally, the rate of absorption compares to that of cocaine.The metabolism of MDPV in the human liver occurs similarly to that of other synthetic cathinone. The process involves multiple steps and the last of which is where the catechol ring of MDPV is methylated by COMT (Prosser, 2011). COMT is one of several enzymes that are involved in the degradation of catecholamines (i. e. dopamine, norepinephrine, and epinephrine). Finally, after the metabolism, the excretion of MDPV waste occurs through the urine of feces. Since there are no published, the duration of the effects of MDPV must be recorded with the word of mouth from experienced users.The drug effects start presenting themselves approximately 10-20 minutes after nasal administration and duration is close to 2. 5 hours. With oral administration, users report the effect to set in between 15-45 minutes after ingestion and the duration can last anywhere from 3-4 hours (in rare cases as much as 12 hrs) (Psychonaut, 2009). Neurophysiology As mentioned previously, due to the limited amount of available information for understanding the mechanism of physiological action of MDPV, the neurophysiology is theorized to have a similar mechani sm to that of amphetamines and MDMA.This comparison is highly based on the structural similarities between amphetamines and synthetic cathinones (Prosser, 2011). The effects of amphetamines and their derivatives are produced by the three-fold effect on monoamine synapses. First, amphetamine-like drugs cause a leakage of neurotransmitters (NTs) from the presynaptic vesicles into the synaptic cleft. Second, they also increase the amount of NTs released in response to an action potential.Finally, there is an inhibition of monoamine reuptake from the synaptic cleft. As a result of the three-fold effect, there is an increase in concentration of NTs in the synaptic cleft which prolongs and enhances the effect of MDPV. Effects of MDPV on the Mind and Body Similar to most highly abused substances, MDPV has a laundry list of physical and psychological effects, including both desired and undesired. This data of effects is generated from first hand users and from the thousands of hospital admi ssions.With initial administration of MDPV, users can feel some desired effects that are not necessarily harmful (including but not limited to): increased energy, increased sociability, mild euphoria, increased concentration, sexual arousal (Coppola, 2011 & Psychonaut 2009). Individuals that experience these non-harmful side effects are considered to be very lucky because on the other side of the coin are some very serious undesired psychoactive side effects. These undesired effects include extreme paranoia, delusional thinking, visual & auditory hallucinations, self-mutilation, insomnia, violence, and restlessness (Prosser, 2011).Side effects of MDPV travels in pairs, if it affects the mind it will also have an effect on the body. Effects on the body include hypertension, tachycardia, chest pains, vasoconstriction, muscle twitches, bruxism, insomnia, and lack of appetite (Psychonaut, 2009). Currently, there is no effective treatment against MDPV overdose. The only method that is co nsidered is to treat the physiological symptoms as they rise in order to prevent the individual from cause harm to themselves or others.To integrate all of the information I have provided in the paper thus far, I will present one of the many case studies that were published by medical doctors after this dramatic increase in hospital admissions as a consequence of MDPV psychosis. A 27-year-old female named J. H was brought to the emergency room by the local police after they received multiple phone calls reporting an assailant breaking into their home. Upon arrival of the police, they were notified that there was a dead body in the hallway and that the homeowners were next for being killed. The police soon deduced that J. H. as suffering from paranoid delusions. In the emergency room, J. H. presented with hypertension, tachycardia, diaphoresis, and extreme fear but there were no sign of a physical disorder. When the results for her complete blood count, the comprehensive metabolic pa nel and the drug urine test returned completely unremarkable, she was transferred to the hospital’s psychiatric unit. The psychiatric staff recorded that she had a disorganized thought process, poor memory and was still convinced that she was in imminent danger. The only option for the doctors that was available was to start J. H. n treatment for Schizophrenia. The following day, her condition mildly improved and she was able to inform the doctors about the events that resulted with her being hospitalized. Apparently, she had a past history of opiate dependence, and one day, her and her boyfriend discovered bath salts, under the name of â€Å"Powdered Rush,† at a local head shop. They admitted to being on a binge period by insufflation for about five to six days prior to admission. The doctors concluded that paranoid psychosis from MDPV developed very much like that seen with methamphetamines and other psychostimulants.After three to four days of sleep deprivation, the re was an onset of paranoid psychosis symptoms. She was released from the hospital a few days later after she was able to recover from sleep exhaustion (Antonowicz, 2011). Discussion As of November 2011, it was reported that there is currently no research that focuses on addiction and withdrawal related to synthetic cathinones (Prosser, 2011). This means that conclusions about MDPV related addiction, dependence, and withdrawal must be extrapolated from other drugs that are similar in structure and mechanism of action.As discussed previously, the mechanism of MDPV is by inhibiting the reuptake of catecholamines to produce strong stimulant effects. MDPV stimulates the ventral tegmental area to release more dopamine, which in turn will project to multiple areas of the brain: prefrontal cortex (PFC), nucleus accumbens (NAcc), and the hippocampus. All of these structures contribute to the conditioning and reinforcing behavior of MDPV. Since the reuptake of dopamine is inhibited, there is going to be an increase in the concentration of dopamine in the synaptic cleft.One can imagine the addictive, dependence, and tolerance properties of MDPV to be a combination of the properties of morphine, cocaine, and ecstasy. To elaborate, the pattern of administration of MDPV resembles to morphine because there is a slow increase in the dose over time required to acquire the necessary effect. Then the administration pattern of ecstasy also factors in because of cravings it causes. When an individual abuses ecstasy the serotonin will become scarce over time due to overstimulation.The low levels of serotonin will cause the individual to crave more ecstasy, but no amount of ecstasy will help. Similarly, the over production of MDPV causes the catecholamines to run low in supply and cause the addict to crave more. Finally, the other pattern that contributes to MDPV resembles the administration pattern of cocaine. The components of cocaine administration pattern that is relative to MD PV are the binge and exhaustion periods. Individuals will abuse MDPV for a period of time and due to sleep deprivation the individual will crash.In conclusion, when we integrate the three patterns together, the overall pattern of MDPV will show an increase in dose of administration until the individual either crashes from exhaustion or passes away due to an event that occurred in psychosis. When viewing the overall pattern of MDPV use, it is easy to see that majority of the time this drug can be extremely harmful. But, some users report that when MDPV is ingested at low doses, it produces a stimulant effect that is similar to methylphenidate. This glimpse of reported user experiences can make MDPV a candidate for ADD/ADHD treatment (Psychonaut, 2009).One of the factors that can increase the frequency of abuse of MDPV is the marketing of the bath salts themselves. The overall design and nomenclature that the bath salts are sold under are very aesthetically pleasing. Through personal experience, prior to the ban of bath salts, the price was very affordable when compared to the quality of effect (approximately $18 for 50 mg). Now after the federal ban, the price of some bath salts online range from $900 to $2200 for a large quantity. Many news reports suggest that there is a common misconception of harm when it comes to substances such as bath salts or other similar â€Å"legal† substances.Just because there are substances that seem to sneak around the drug regulations, they should be assumed as being safe. Statistics from the American Association of Poison Control Centers state that there were 1782 calls nationwide to poison centers about designer drugs labeled as â€Å"bath salts† just during the first four months of 2011. This was an exponential increase when compared to just 302 calls in all of 2010 (AAPCC). Mark Ryan, director of the Louisiana Poison Center, writes a quote for an article on Drugs. com that said: â€Å"If you ake the very worst effects of the illegal drugs LSD and Ecstasy with their hallucinogenic, delusional type properties, and combine them with the extreme agitation, superhuman strength and combativeness of PCP, as well as the stimulant properties of cocaine and methamphetamines, you have summarized the potential negative effects of bath salts use. † In conclusion, there has been a dramatic increase in the abuse of bath salts with the primary ingredient being MDPV. The current approach of gathering information for the mechanism of action of MDPV is mostly done by modulating the internet.Despite the lack of research on synthetic cathinones, individuals still take the risk to abuse MDPV. But based on similarities found between MDPV and other stimulants, we can theorize the mechanisms of action in the central nervous system. In my opinion, if you have not exposed yourself to MDPV it would be a wise decision to keep it that way because, metaphorically speaking, MDPV is like your girlfriend; it not on ly screws with your body but also your mind. 🙂 (I thought I would put a smiley face so that I can actually get to see it). References 1. American Association of Poison Control Centers. . Antonowicz, J. , Metzger, A. , & Ramanujam, S. (2011). Paranoid psychosis induced by consumption of methylenedioxypyrovalerone: two cases. General Hospital Psychiatry, 33, 640. e5-640. e6. Retrieved December 4, 2011, from the SciVerse ScienceDirect database. 3. Coppola, M. , & Mondola, R. (2011). 3,4-Methylenedioxypyrovalerone (MDPV): Chemistry, pharmacology, and toxicology of a new designer drug of abuse marketed online. Toxicology Letters, 208(1), 12-15. Retrieved December 4, 2011, from the ScienceDirect database. 4. Hallucinogens Legally Sold as ‘Bath Salts' a New Threat – Drugs. om MedNews. (n. d. ). Drugs. com | Prescription Drug Information, Interactions & Side Effects. Retrieved December 6, 2011, from http://www. drugs. com/news/hallucinogens-legally-sold-bath-salts-new- threat-2 9344. html 5. Prosser, J. , & Nelson, L. (2011). The Toxicology of Bath Salts: A Review of Synthetic Cathinones. American College of Medical Toxicology, 7, 1-10. Retrieved December 4, 2011, from the SpringerLink database. 6. Psychonaut: Psychonaut WebMapping Research Group, MDPV Report, Institute of Psychiatry, King's College London, London, UK (2009).

“Catcher in the Rye” and “Rebel without a cause” Essay

When one both reads Catcher in the Rye and sees Rebel Without a Cause, he or she can’t help but wonder if the writers, Nicholas Ray and J.D. Salinger, somehow knew each other, or if one writer copied the ideas of the other. Jim Stark and Holden Caulfield, the two main characters of the stories, have so much in common that if they ever met one another, they would immediately become friends. The main theme that applies to both works is teenage rebellion. Holden and Jim seem to get into trouble often, which affects many different aspects of their lives, including their friends, family, school, location, and self-image. Holden’s and Jim’s parents have very similar attitudes towards their children. They both appear to spoil their children indefinitely, a common display of parents during the 1950’s. Jim’s father mentioned that he bought Jim everything he wants, including a car and bicycle. Holden said that his mother had recently sent ice skates to his school for him. Also, both parents show embarrassment of their children’s delinquent behavior. Neither Jim’s nor Holden’s fathers are good role models for their sons. Jim feels that his father is cowardly, weak, and a chicken. Holden’s father isn’t ever around, since Holden is always at one boarding school or another. Furthermore, both sons feel misunderstood by their parents. The major difference between Holden’s and Jim’s families is that Holden’s parents deal with his problems by sending him away to prep schools, whereas Jim’s parents try to be more involved in their son’s life and move with him from town to town. A minor difference in their families is that Jim is an only child, but Holden has three siblings. Holden does not really have any friends. He constantly criticizes and complains about the people he interacts with, rarely has anything positive to say about them, and does not consider anyone his real friend. Jim tries to make friends with the kids at his new school, but only succeeds in gaining two real ones. Plato, who is a social outcast at school, jumps at the chance to become Jim’s friend. Judy, however, makes fun of Jim with her friends until her boyfriend, Buzz, is killed. Then, she seeks comfort in Jim and they fall in love. Both the Jim and Holden feel like outcasts, which is a major part of their rebellion. However, where Jim tries to fit in and is  rejected by his peers, Holden does not make such attempts and he is the one who rejects his classmates. Neither Holden nor Jim fit into their schools. Holden has a lot of academic problems, although he appears to be a fairly intelligent boy. Jim, on the other hand, has social problems. In his previous schools, he had a tendency to beat up kids for calling him chicken. He also feels the need to keep his honor, and therefore participate in the â€Å"chickie fight† against Buzz, which leads to Buzz’s death. Holden seems to put in very little to no effort in his schoolwork and fitting in. He doesn’t really care that he flunks out of his classes. Jim’s academic life wasn’t really portrayed in the film, but he did try to fit in. When he was scolded for walking over the school’s insignia, he felt very sorry about it. Therefore, Jim is not always intentionally rebellious, but Holden’s rebellion is deliberate. Jim’s and Holden’s emotional confusion affect their lives similarly. Both are extremely misunderstood by both the public and their own families. Although they appear to be rebellious and tough, both have a more sensitive interior. They suffer from alienation from their families and peers, but Jim definitely strives towards acceptance while Holden does not. If Catcher in the Rye had been made into a movie, James Dean would have been the perfect actor to play the part of Holden, since his portrayal of Jim was so precise.

Corporations Concluded

1. (TCO E) For federal tax purposes, royalty income that is not derived in the ordinary course of a business is classified as: (Points : 5) portfolio income. answer active income. passive income. None of the above 2. (TCO F) When comparing corporate and individual taxation, the following statement is true: (Points : 5) Unlike individual taxpayer, corporate may not have a long-term capital loss carryforward. Both types of taxpayers have percentage limitations on the charitable contribution deduction, coupled with a carryover of the excess contribution. All taxpayers may carry net operating losses back two years, forward 20 years.All of the above. answer 3. (TCO H) Al and Amy file a joint return for the 2012 tax year. Their adjusted gross income is $80,000. They had net investment income of $7,000. In 2012, they had the following interest expenses: Personal credit card interest: $4,000 Home mortgage interest: $8,000 Investment interest (on loans used to buy stocks): $10,000 What is the interest deduction for Al and Amy for the 2012 tax year? (Points : 5) $8,000 $15,000. answer $12,000 $18,000 4. (TCO B) A contribution made to the following donee is not deductible. (Points : 5) Boy Scouts of America Oxford University, England. answerSociety for the Prevention of Cruelty to Animals Michigan State University California State Fair (an activity of the State of California) 5. (TCO A) The following taxes were paid by Tim: Real estate taxes on his home: $2,000 State income taxes: $900 State gasoline tax (personal use of automobile): $150 In itemizing his deductions, what is the amount that Tim may claim as a deduction for taxes? (Points : 5) $2,000 $2,900. answer $3,050 $0 6. (TCO F) Hoover, Inc. had gross receipts from operations of $230,000, operating and other expenses of $310,000, and dividends received from a 45 percent-owned domestic corporation of $120,000.Hoover's tax position for the year is: (Points : 5) $8,000 taxable income. $56,000 net operating loss. answer $40,000 taxable income. $80,000 net operating loss. 7. (TCO G) All of the outstanding stock of a closely held C corporation is owned equally by David Smith and Steve Bufusno. In 2012, the corporation generates taxable income of $30,000 from its active business activities. In addition, it earns $20,000 of interest from investments and incurs a $40,000 loss from a passive activity. How much income does the C corporation report for 2012?(Points : 5) $10,000 of portfolio income $0 $20,000 of portfolio income. answer None of the above 8. (TCO G) Bob, who is single, has $90,000 of salary, $25,000 of income from a limited partnership, and a $30,000 passive loss from a real estate rental activity in which he actively participates. His modified adjusted gross income is $90,000. Of the $30,000 loss, how much is deductible? (Points : 5) $30,000. answer $10,000 $25,000 $0 9. (TCO F) Jen owns a sole proprietorship, and Steve is the sole shareholder of a C (regular) corporation.Each business sus tained a $14,000 operating loss and a $3,000 capital loss for the year. Evaluate how these losses will affect the taxable income of the two owners? (Points : 17) A sole proprietorship is taxed through the business owner's personal tax return. Therefore Jen would enter the $14,000 operating loss from the proprietorship on Schedule C of Form 1040 or one of its variants. This reported loss would offset any income Jen reported from any other source on her personal income tax filed. As a noncorporate taxpayer Jen can also deduct the $3000 capital loss for the year.As the sole shareholder of a C corp Steve will see no effect on his taxable income as the shareholder. Income from a C corporation is reported when the shareholder receive dividends. C corporation losses are not reported by the shareholders. 10. (TCO G) Briefly (1) define and (2) discuss the purpose and impact of each of the following: a. at-risk rules b. suspended passive activity losses c. material participation (Points : 18) a. at-risk rules Definition: Losses from a business operation are limited to the amount of money you can actually lose in the business.You are subject to at-risk rules if you are filing Schedules C, E, or F. Tax laws limiting the amount of losses an investor (usually a limited partner) can claim. Only the amount actually at risk can be deducted. b. suspended passive activity losses Definition: A capital loss that cannot be realized in a given tax year due to passive activity limitations. These losses are therefore â€Å"suspended† until they can be netted against passive income in a future tax year. Suspended losses are incurred as a result of passive activities, and can only be carried forward.Suspended losses that are incurred as a result of the disposition of a passive interest are subject to an annual capital loss limit. Suspended losses can, however, be used to offset income realized in a later year that is generated from material participation in the activity that init ially produced the loss. For example, if a taxpayer incurs a $5,000 suspended loss in one year from a passive activity and then materially participates in the activity the following year and earns $10,000, then the suspended loss may be applied against $5,000 of the earned income, leaving the taxpayer with $5,000 of declarable income for the year.c. material participation. Definition: A set of criteria that determines whether a taxpayer is a material participant in a business venture. The material participation test will determine whether business income received by the taxpayer is active or passive. Material participation is determined each year. The IRS has seven tests to determine material participation: The taxpayer works 500 hours or more during the year in the activity. The taxpayer does substantially all the work in the activity.The taxpayer works more than 100 hours in the activity during the year and no one else works more than the taxpayer. The activity is a significant pa rticipation activity (SPA), and the sum of SPAs in which the taxpayer works 100-500 hours exceeds 500 hours for the year. The taxpayer materially participated in the activity in any 5 of the prior 10 years. The activity is a personal service activity and the taxpayer materially participated in that activity in any 3 prior years.Based on all of the facts and circumstances, the taxpayer participates in the activity on a regular, continuous, and substantial basis during such year. However, this test only applies if the taxpayer works at least 100 hours in the activity, no one else works more hours than the taxpayer in the activity, and no one else receives compensation for managing the activity. Determination of â€Å"material participation† is complicated, and lack of material participation can result in passive loss rules. If you think lack of material participation may be an issue in your business, check with your tax adviser.

English 105 Essay Example | Topics and Well Written Essays - 1250 words

English 105 - Essay Example According to the paper from the author's former classes he was acquainted with some theoretical knowledge and thought he is capable of differentiating between the types of writings and genres. However, when being asked to adjust his own writing to the corresponding standards, he would necessarily make a list of mistakes. At the same time, although knowing that creating a kind of a text is actually a process, he always omitted stages of writing bullet points, drafting thesis, re-reading and making possible adjustments. The problem was that the reporter did not have an opportunity to see a real use of such approach to work, did not realizing that my score can, in fact, be improved. Another problem that he has always encountered touches upon his time management skills, which are also under the constant process of improvement by him. Without a doubt, English 105 helped him with these two aspects.From this study it is clear that  he has learned to take a more systemized and more thought ful approach to writing. Today the reporter realizes that this process consists of certain concrete and steps that are to be taken in the process of creating a successful writing. They are not boring requirements, but conditions of producing a good and readable content.  Prior, his writing skills lacked the component of planning and structuring which made the process of writing quite chaotic and random.  

Rape of women as a weapon of war Essay Example | Topics and Well Written Essays - 1250 words

Rape of women as a weapon of war - Essay Example It has been misinterpreted as a sex act, but for the victim, it is far from being erotic, sensual or pleasurable. It entails more of aggression and fear in the guise of passion. (Rosen para. 8 http://www.counterpunch.org/rosen04042008.html) Rape has been widespread among warring forces throughout Africa, Southern Europe, and parts of Asia. These include conflicts in Darfur, Somalia, the Democratic Republic of the Congo, Bosnia and Herzegovina, Myanmar, Bangladesh, Cambodia, Peru, Uganda, C d parts of Asiaovina, Myanmar, Bangladesh, Cambodia, ngo, rnment troops wal troops. During the day, they carry heavy materisyprus, East Timor, Haiti, Liberia, Peru and Uganda. (Rosen para. 7 http://www.counterpunch.org/rosen04042008.html) Why is rape being used as a weapon? A probable and major reason for this perhaps is because the rapists are trying to undermine or obliterate enemy communities through sexual violence. It is also surmised that rape is a form of genocide. In Bosnia, the Serbian camps are attempting to make it a Serbian state by impregnating Muslim mothers with Serb babies. More than 40,000 Muslim women are estimated to have been raped, and those who were impregnated were forced to bear the child. (Clifford and Ntiricya pg. 1 http://allafrica.com/stories/200712230021.html; Robson para. 9 http://www.newint.org/issue244/rape.htm; Rosen, para. 30 http://www.counterpunch.org/rosen04042008.html) Although the issue has only been brought up recently, the raping of women has been around since the ancient times. In the Old Testament, there are accounts of women being raped and kidnapped by conquering tribes, and they are usually forced to marry their captors to survive. Civil War general William Tecumseh Sherman pioneered total war in 1846. He believed that conflict should not only involve recognized combatants but the enemy’s entire society as well, from its natural resources to other aspects of their civilian life. (Rosen, para. 4,

The Problem with Satisfying a Demanding Audience Essay

The Problem with Satisfying a Demanding Audience - Essay Example Originality in itself presents a problem. Before something completely original is understood, it needs to gain acceptance by an audience. By the time audiences understand and embrace a concept, it is not new anymore. Various bandwagons are therefore evident in the world of literature, music, and entertainment in general. Some of the most famous examples of a platform from which various spin-offs were created are Shakespeare’s plays Hamlet and Othello. In fact, the themes, premises, and scenarios of most of Shakespeare’s plays are to be found in other intellectual creations since they were written, and continue to be promulgated to this day. Everybody is aware, for example, that West Side Story is a re-hash of the Romeo and Juliet story. Yet it is not paradoxical to say that the two are original. "Just as Tony and Maria, our Romeo and Juliet, set themselves apart from the other kids by their love, so we have tried to set them even further apart by their language, their songs, their movement. Wherever possible in the show, we have tried to heighten emotion or to articulate inarticulate adolescence through music, song or dance," Arthur Laurents said about the development of characters in West Side Story. (New York Herald Tribune, August 4, 1957) The statement is possibly as far removed from William Shakespeare’s original idea for a play as it is likely to be. The concept of adolescence as a pressure group did not exist in Shakespeare’s time: people were adults and ‘marriageable’ as soon as they reached puberty. The ideas are similar, but the audience ‘readings’ are necessarily totally different. This kind of work, that so clearly takes on the themes and premises of another, is called derivative.  

English Assignment Example | Topics and Well Written Essays - 500 words

English - Assignment Example The president further reminds Americans that they are the people who are represented in the chamber and makes the state of the Union. This received strong applause because the audience felt the sense of belonging. Obama points out at the outcome of the great effort put by Americans such as low unemployment rate in over five years, rebounding housing market and the reduction of deficit. This attracts attention of the audience who feel that they are part of the success and that their achievements are appreciated. Obama received cheers and round of applause from the audience because they were reminded of their achievements and told that they would take America to greater heights above the current position of America in terms of trade (Forbes Staff Web). Obama further urges everyone in the chamber to take charge and avoid resentful argument that may hinder implementation of basic functions in the American democracy. He explains that if their differences may promote the underperformance of the government then the chamber is not doing the best thing. Obama asserted his commitment to making America work better and rebuilds the Americans trust. He challenges everyone in the chamber to take part in improving the welfare of Americans. The president told the chamber that their actions should provide opportunity for all Americans regardless of their social status. Obama acknowledges some of the challenges facing America such as increase in inequality and the fact that most Americans just work to get by and many are also unemployed. He points out at the need to reverse the negative trends and informs the chamber that they will never agree on everything. The president makes practical proposals of moving the country forward by creating opportunities. He promises to work with everyone in the chamber to steer the growth of and development of the country. He describes a few examples such as education opportunities, work ethics and encourages businesses to invest and

Government Essay Example | Topics and Well Written Essays - 750 words - 6

Government - Essay Example 2012 Republican Party of Texas (2012), Republican Party mission is to promote conservative philosophy of government by promoting conservative principles and providing the infrastructure through which the people sharing conservative values participate in the political system (3-5). On the other hand, Texas Democrats believe in democratic government that serves all the citizens indiscriminately. Considering the issues of protecting life, the Republicans believe that human life begins from fertilization to natural death while Democratic party believe that the product of joined egg and sperm has no independent status or rights. Republican Party of Texas also supports the legal marriage and moral commitment between a natural man and a natural woman unlike the Democratic Party that is opposed to other attempts to deny the freedom of same sex marriage (Sevilla Web). Additionally, Republicans consider that America is a nation under God and founded on Judeo-Christian principle but the Democrats recognize that no Texan should not be forced to live under religious doctrines to which they do not subscribe. Moreover, by looking at the school choice, the Republicans encourage maximum freedom of choice in public, private, or parochial education while Democrats oppose private school vouchers in all forms and strengthen state oversight of homeschools (â€Å"2012 Texas Democratic Party† 3-6). Republicans also oppose sex education other than abstinence until marriage while Democrats support effective, comprehensive age appropriate sex education program. Regarding health care, Republicans urge the passage of a reform that results in a more affordable healthcare including tort reform and urges immediate appeal of the â€Å"Obamacare’ while Democrats believe that health care is a right and supports the right of women to acquire contraception. In addition, Parental Rights on Education shows differences in ideologies where the Republicans assert that parents have the right and

Resistance to psychologization in the novel Tom Jones Essay

Resistance to psychologization in the novel Tom Jones - Essay Example Keeping in accord to the theme of argument in the paper that the narrator in the novel The History of Tom Jones often withholds information about the psychological traits of his character these observations are highly relevant. The limits of psychologization in the novel not only stops emergence of Tom Jones are a complete human character but also it affects the constructional themes of the novel from the perspectives of theme, narrative and characterization. The character of Tom Jones in the novel deserves special critical treatment and discussion because he can be regarded as a bridge between the themes of conventional medieval romanticism and the future course of the tradition of novel writing with special focus on the analysis of human psychology. While the narrator has quite carefully resisted the temptation of indulging within the psychologization of the protagonist by withdrawing information about his interior thoughts, on the other hand, he also has provided subtle hints to t he traits of psychological disturbance of the character under specific situations. Observing this trait feature in Fielding’s writing, Evans Lansing Smith has quite aptly suggested that â€Å"Henry Fielding’s novel †¦ stands at a crucial turning point in our survey of the hero in literature. While looking backwards to the traditions of the medieval romance, Tom Jones carries the conventional symbolism of the Classical epic †¦ forwards into the future, anticipating a long line of novels in our tradition which combine realistic or historical detail and mythic symbolism† (Smith 195). The relevance of Psychologization in the context of novel writing: The critics like Frances Ferguson are of opinion that psychologization of characters in novels not only helps readers to follow aesthetics of the narrative from the perspective of an outsider, but at the same time it helps them to receive understanding of the characters as well as flow of the novel from quite a personalized perspective. One of the basic principles regarding the technique of novel writing is to incite readers to enjoy tension of characterization and plot development. A novelist can effectively use his narrative skills to develop the tension by emphasizing on the psychologization of characters. Frances Ferguson in this context has opined that narration of the psychological complexity of character in a novel â€Å"†¦does not at all directly express mental states but rather relies on the contradiction built into the formal stipulation of them. Psychological complexity, that is, pits the stipulated mental state against one’s actual mental state †¦. Psychology is the ongoing possibility of the contradiction between what one must mean and what one wants to mean† (Ferguson; Cited in Macpherson 123). This observation not only attracts attention in the context of explaining Fielding’s narrative retrain of Tom’s character, but at the same time also finds support from Dr. Johnson’s special emphasis on the importance of explaining characters in terms of manner and nature (Watt 261). Ian P. Watt explains that â€Å"‘Character of manners’

Faith as a Comprehension of Nature and Reality Essay

Faith as a Comprehension of Nature and Reality - Essay Example   Angel Gabriel approached him and proclaimed him as Allah’s messenger to spread the faith among the Arabian people. Consequently, he openly announced to the people that he was Allah’s prophet commissioned divinely to guide the Arabians to a monotheistic faith. Muhammad condemned idol worshipping that was prevalent among the people but contrary to expectation, his own people turned against him and abused him. Some Arabs planned to kill him, prompting him to seek refuge in Medina. Surprisingly, he gathered more followers in Medina while he preached his religion. Apparently, Muslims believe in five pillars of Islam. The first statement is Allah is the only God and his messenger is Muhammad. Secondly, every person must pray five times each day while facing Mecca. The third is offering of alms and the fourth pillar is fasting during the holy month of Ramadan, which happens to be the ninth month in the Muslim year. The fifth pillar is making of the pilgrimage once in an individual’s lifetime (Lewis & Buntzie, 43). Muslims worship in a mosque and in every mosque, there is a place where individuals leave their shoes. However, the mosque has no furniture or statues because we believe that they are blasphemous. Women also go to worship in the mosque but sit separately from men as a sign of modesty and avoiding distraction, but mostly women pray at home. Moreover, Islam religion values and respects women highly. The Holy Quran depicts equality of both women and men before God.

Asian American Women in Sports Essay Example for Free

Asian American Women in Sports Essay Asian American women in professional sports has always been a struggle in the media. Asian American males has somewhat made a slight appearance of success in sports media but not so much for women. There are some famous Asian athletes out there such as Yao Ming, Jeremy Lin, and Michael Chang who have made a name for themselves. It seems that it is hard already for Asian Americans to strive in professional sports, but it is even harder for Asian American women to strive because they are simply women. The media has portrayed mens sports to be more interesting to watch and has created most of the attention towards them. Few people are interest in watching women sports which makes it harder for Asian American women to be noticed in sports. Asian American women are also brought up with the mindset that they have a slim chance in making it in professional sports because of how the media portrays them which is why there are so little of them that wants to strive in sports. Before writing this essay, I searched online for articles, statistics, and facts about this topic. I realized that there were very limited information out there regarding this issue. I also got the idea that not only are Asian American woman not being in professional sports is a problem, but the bigger problem is that people just dont care about this issue. I noticed that Wikipedia has only 82 pages of 82 different API women who has competed in professional sports. This is not a staggering number for 82 women in all of US history is only a drop in the ocean. I figured out that the majority of these sports are not contact sports such as golf, tennis, skating, and gymnastics. I believe that if anyone puts their mind to something, they can achieve whatever they want. I feel like Asian American women just limit their minds to what sports they will play and are capable of playing. Its not that they arent physically capable to play the game, but they are mentally incapable. In the 2008 Olympics, China womens basketball team placed 4th overall. which is one shy from a medal as well as beating 7 other non Asian countries. So physically, Asian woman can compete in sports. Americans have just created the stereotype that Asian women have smaller builds that make them disadvantages in the more physical sports. This is why Asian American women automatically choose to focus on non physical but finesse sports. Needless to say, there are actually some very successful API women athletes that has made an appearance in the media. The was actually one Asian women from China who made it into the WNBA. She was the first and Before Yao Ming, or before any Asian that have appeared in professional basketball, there was Zheng Haixia. She was the first Chinese player to ever play pro basketball stateside. The only reason she was as popular as Yao Ming, or Jeremy Lin was simply because Haixia is a woman. The 6-8, 250lb center from China is arguably the undisputed best woman player to come out of China. Due to her tremendous size, Haixia was always slow of foot, but the great equalizer was her all around efficiency around the basket. Zheng always got her points with slow and steady efficiency as she was named the MVP of the 1994 Womens World Championships. She averaged 26.4 points, 13.1 rebounds on an astounding 83.5% from the field. In 1997, during the inaugural WNBA season, Zheng led the league in field goal% with 61.8% as Isabelle Fijalkowski was a distant second with 50.8%. During that same season, she scored a season-high, spark-high of 28 points on June 27 against Sacramento and also had 10 rebounds and 3 blocks. She set a Sparks individual scoring record later tied by Lisa Leslie in the same season and since surpassed several times over. She is probably one of the most successful and talented API women who ever played in a contact sport. Another very well known athlete is Kristi Yamaguchi who skated her way to a gold medal at the 1992 Olympic Games in Albertville. She also went on to be one of the most beloved ice skaters in America despite being an Asian American women. Yamaguchi was born with a foot condition and started skating to strengthen her feet and ankles. She followed with individual victories at the 1991 and 1992 World Figure Skating Championships and the 1992 U.S. Nationals. Winning the 1992 Olympic gold-medal performance made her the first Asian American woman to win a gold medal in any sport. The thing about the skating world is that someone can win in a competition but still may not have as many endorsement because they are Asian. This just shows that no matter how talented you are, people are still going to judge their favorites based on what they are used to seeing and what kind of people they like. This puts API women in a bad spot because Most people in America are accustomed to only seeing Caucasians or African Americans as their surrounding athletes. This is a big reason why Asian American women are portrayed as a disadvantage in professional sports.

History of forensic medicine Essay Example for Free

History of forensic medicine Essay The necessity of understanding the reasons why a loved one suddenly becomes missing, his/her whereabouts difficult to trace and the difficulty of establishing the probability of that person’s survival is one of the many realities of families today. Should threats actually pose on a person’s life or the missing member left traces of his/her whereabouts are stuffs that not only fill the minds of those who are after detective stories; these are matters that provide meaning and hope for those families and individuals with real, missing loved ones. The popularity of shows on television such as CSI and police crime stories in a weekly slot has virtually lined almost all of networks around the globe. Films and theaters make sure they profit and usually they do whenever they strike the old formula of suspense and crime. Embedded in these formats is the dependable work of forensic medicine and the people behind it. It is no wonder that many children and adolescents today list the job of a forensic specialist as one of their ambitions. Purpose of the Paper Forensic medicine is a distinct discipline dedicated to accomplish the ultimate which is to solve crimes and prevent, limit or reduce its occurrence with the application of a wide-ranging field of sciences in response to inquiries in relation to the legal set-up. It utilizes scientific methods and the application of pharmacology and other related schemes in the pursuit of justice. Basically derived from the time of the Romans when both the accused and the accuser are given their day in â€Å"court† to present their speeches to persuade the court of the issues of their cases; today, an intricate system of a combination of knowledge from different sectors is used to achieve the purposes of the legal system. It uses modern technology and the expertise of behavioral sciences in law enforcement. Myths have been built around notorious serial killers and rightly so, because many of those who perpetrate such heinous activities manage to cause people to tremble just by hearing stories about their â€Å"exploits. Many were astounded by such names or tags as â€Å"BTK† and others like him who tried to carve their names in history though rather infamously. More modern types in the likes of Ted Bundy for instance and the â€Å"happy face† killer still evoke fear as well amazement that such people do exist. What was more amazing though is that they had been caught and that the breakthrough of forensic medicine in the early years to its modern developments had made the capture more successful and a credit to the science. In the case of jack the Ripper, he was popularized in London many years ago, around 1880, when this man started to murder prostitutes in the East End portion of this metropolis. He was never caught and his identity remained clouded in mystery. But the details as to the methods of his killing (or ripping) and whether he reaped them or not (his victims) became known only when the developments that had brought forensic medicine to the forefront started to become available (Barbee, 2006). The paper is written to explain, enlighten where forensic medicine is today and where it started. With the view that many of high profiled cases were solved due to the advances in the field which includes computer and digital forensics, use of forensic analysis tools of all kinds i. e. , sampling techniques, and a host of other manners of gathering evidence, the author seeks to establish the history of forensic medicine in precis. Problem Statement The literature today is rich to provide an enthusiast and serious student of the field with sufficient information concerning the issue on how this particular discipline emerged. It therefore seeks to answer the following question: What is forensic medicine and what are the major developments that helped established its place in the legal system? Basing on that primary inquiry, the following are the paper’s sub-problem statements: o How is forensic medicine defined? o What are the developmental milestones significant in the understanding of the discipline? o What are the current medical and scientific breakthroughs that are being employed in the application of forensic medicine? o What are its successes in terms of accomplishments as solving such high profiled crimes as BTK and insights into the legendary Jack the Ripper? What are its failures and the deficiencies in the system that needs to be improved and addressed? Definition of Terms Forensic medicine is a distinct science that â€Å"involves the principles and techniques that identify evidence at a crime scene† (UKTV people, 2007). Crime scene investigation refers to the protocol that peopl e in the uniform employs whenever a crime occurs such as the incidence of murder that brings the trained to examine the scene of the crime. The intention is to find traces or clues that might lead to the solution of the crime (UKTV people, 2007). DNA which represents the chemical Deoxyribonucleic Acid, is the â€Å"chemical found in virtually every cell in the body and which carries genetic information from one generation to the next. When translated, this information determines our physical characteristics and directs all the chemical processes in the body† (UKTV people, 2007). Fingerprint evidence. â€Å"Fingerprint evidence rests on two basic principles: A persons friction ridge patterns the swirled skin on their fingertips never change and no two people have the same pattern of friction ridges. † (UKTV people, 2007). Ballistics.  The science of ballistics is often a highly important element in finding out who did the â€Å"killing. † It deals with the motion, behavior and effects of bullets. Theoretical Framework ~On criminality: Factors contributing to the incidence This refers to the body of knowledge that provides a basis to the current understanding of the different facets of the field. There are various scientific viewpoints where criminality is concerned and its reduction and prevention as goals. The author attempts to discuss various theoretical perspectives as knowledge base for the strength of its proposition. Sociologists, in an attempt to explain and point out the reasons behind delinquency, have concluded that there are connections between specific youth behaviors with the home environment, family background, the neighborhood, associations, and many other aspects that together, or separately affect the formative years of young people’s social environment. Delinquent children usually come from a background of difficult circumstances. Parental alcoholism, poverty, breakdown of family, abusive conditions in the home, death of parents during armed conflicts or drug overdose, and the HIV/AIDS scourge, and etc. re some of the various reasons that can leave children virtually orphaned. One or both parents may be physically present, but because of irresponsibility on their part (if even one of them is addicted to drugs or alcoholic), a child may grow developing certain ways and attitudes that are directly/indirectly caused by the parent/s addiction or drug-related behavior. In this case, true delinquency lies on the parents; and the children are, in a way, orphaned or unaccompanied, and without any means of subsistence which, in the first place, the parents’ fundamental responsibility to provide. Generally, and increasingly, these children are born and/or raised without a father. They are first in the line of those who are at greatest risk of falling into juvenile delinquency. Without noticing it as it is typical of any youth to be lacking in prudence, with newly embraced group, the gang, a corresponding subculture starts to assimilate them, and before long, they start to engage in activities of adult criminal groups. It is usually after being engaged in criminal activities for an extended period of time with its accompanying consequences (such as ending up in prison or rehabilitation institutions for drug addicts) that delinquents realize they are into a very dangerous zone. A large portion of all juvenile violations (between two-thirds and three-quarters) are perpetrated by youths who are members of certain gangs (Venkatesh, 1997). Unlike in school and their family, these have no strict rules to be followed except loyalty to the group. It gives young people esteem when they somehow feel they are the â€Å"rule† in themselves. This is the lure of gangs. It gives the promise of fulfillment to would be delinquents. Popularity, access to the powerful figures on the streets, freedom to express one’s self, as well as easy flow of money (if the gang is also involved in some illegal activities such as drug dealings, which is common in most gangs) are seemingly within grasp of anybody who just have the guts to dare (OJJDP, Mar. 2003).

Transportation of Hazardous Material Strategies

Transportation of Hazardous Material Strategies When it comes to the transportation of hazardous material by plane normal procedures of safety do not apply. There are very specific sets of rules and regulations that must be adhered to in order to be licensed to transport by an airliner any material that is classified as hazardous. Why do we need regulations? After all, arent regulations always a source of headache for most ethically ran properly maintained businesses? One would like to believe this, however, as planes come crashing down investigations can often times reveal negligence in the handling and transport of materials that cause cataclysmic devastation. In this paper we will explore what is classified as a hazardous material and then we will slide right into who regulates transportation and how transportation of these materials is regulated. What is classified as a hazardous material? Any material that can be labeled radioactive, allergenic, poisonous, a biohazard, corrosive, toxic, asphyxiating (lack of oxygen to the brain), explosive, oxidizing, flammable, pathogenic (dangerous living organism usually a virus), or magnetic can be classified as a hazardous material and requires a highly trained professional to handle and transport for the safety of all those in close proximity to the material. Wait? Did I say magnetic? Yes. Magnetism inside an aircraft other than normal currents can adversely influence an aircrafts sensitive computer systems, gauges, and mechanical systems. This could cause the plane to fly in circles or, worst case scenario, cause a serious malfunction that would ultimately conclude with a fiery ball of flames and the demise of the flight crew and, quite possibly, other fatalities and casualties. Many materials fall into more than one of these categories. Poisonous and asphyxiation for example could be listed on a material that poisons the body and as a result asphyxiates the poor soul. But who has the authority to classify materials as such listed here? The Department of Transportation was established by an act of Congress on October 15, 1966. It began operations on April 1, 1967. It is the purpose of the DOT to guarantee a fast, safe, efficient, accessible and convenient transportation system that meets our vital interests and enhances the quality of life of the American people, today and into the future (DOT 1966).   Inside the borders of the USA it is the DOT who regulate and enforce all laws that govern transportation in even its simplest form, walking. In respect to air transport of hazardous material they have a strict set of guidelines that must be adhered to that ensures they meet their motto. In later paragraphs in this essay we will examine a few of those guidelines. The Department of Transportation mandates that all employees who handle hazardous material will be required to participate in a training class that will entitle them at the end to receive a license to handle hazardous material. Outside the borders of th e USA each country has its own department that regulates transport but each country has to adhere to the guidelines of both International Civil Aviation Organization (ICAO) and International Air Transport Association (IATA). If a country utilizes air transportation to deliver any hazardous chemical or material to another country then it has to abide by a strict set of guidelines set forth by ICAO and IATA. However, if an American business wants to move materials considered hazardous as described above then it will adhere to the guidelines of the DOT. As stated by DOT 49 Sec. 175.79 Orientation of cargo. (a) A package containing hazardous materials marked â€Å"THIS SIDE UP† or â€Å"THIS END UP†, or with arrows to indicate the proper orientation of the package, must be stored and loaded aboard an aircraft in accordance with such markings. (b) A package containing liquid hazardous materials not marked as indicated in paragraph (a) of this section, must be stored and loaded with closures up (other than side closures in addition to top closures). This means that if a box or container arrow pointing in any direction – up, down left or right the container must be stood up or laid down according to the arrows. This is called material orientation. If the box says this end up then that end must be at the top. If a box is laid on its side when it should be standing up as indicated by the arrows and a hazardous material is contained inside the consequences of this error could be devastating. An example of a devastatin g consequence can be identified by the wreck of cargo jet shortly after taking off, killing three crew members and disintegrating the aircraft. The accident was due in part by a leaking container in the aft cargo hold. Zimbabwe is not governed by the Dept of Transportation so their rules and regulations for cargo transportation are slightly different from the United States. Apparently, a chemical leaked onto some of the important electrical wiring and sent the plane hurtling into the ground due to electrical failure. The rules and regulations set forth by the Dept of Transportation are designed to keep pilots, co-pilots, all personnel, whether they are on land or in the air, and innocent civilians safe from tragedies such as this. In the United States it is estimated that one cargo plane carrying a hazardous material will either be forced to land or will crash due to deviation from the rules and regulations set forth by the Dept of Transportation. Material orientation is easy compar ed to securing hazardous material. Looking at a container and identifying its orientation is the easy part. When securing hazardous material it must be secured properly as to make no forward, backward, or sideways movements. If the hazardous material moves even in an inch it is no longer in compliance with is Title 49 Section 175.81 which states, packages containing hazardous material must be secured in an aircraft in a manner that will prevent any movement in flight which would result in damage two or change in the orientation of the packages. If a transportation agency is found to be in noncompliance the Dept of Transportation can fine the agency or can temporarily suspend or permanently revoke the agencys license to haul hazardous material. If the noncompliance resulted in damage to hazardous material containers the hazardous material will be thoroughly inspected for damage and or leaks after being unloaded from the aircraft. According to Title 49 Section 175.90 part B in the case of a package which is leaking the employee must ensure that the remaining packages in the delivery do not have leaks or contamination. According to part C of the same title the package identified as being damaged or contaminated will not be placed aboard an aircraft for further transport. Hypothetically, you are carrying a material that has a label saying, dangerous when wet, and the plane is also carrying barrels of water to the same destination you do not want the material marked dangerous when wet to come into contact with the barrels of water. Most likely, they plane will not be carrying both materials as a precaution however not all countries abide by American regulations and common sense. When the pilot performs an inspection of his cargo and finds a damaged container he will immediately remove the container according to regulations for the removal of hazardous material and he will ensure the rest of the shipment is unharm ed. He will not risk the safety of his passengers and personnel by placing the damaged container back on board the aircraft. If the Dept of Transportation receives evidence that he has done so the pilot will have his license revoked and his wings stripped. He may even be slapped with a fine as determined by the offense. The rules and regulations set forth by the Dept of Transportation for the transportation of hazardous material are designed with safety in mind. Many organizations believe that these rules and regulations are way too restrictive. Even so, many companies may actually lose money while trying to adhere to these rules and regulations. The necessity of rules and regulations such as these were designed to protect society from plane wrecks, explosions, system disorientation, birth defects caused by radiation, fatalities and casualties, chemical spills, radiation poisoning, poisonous gas plants causing asphyxiation, etc. The Dept of Transportation is not sympathetic to a company losing money trying to adhere to these regulations. The Dept of Transportation is a committee designed to protect society from the mission Giddings of bad business in transportation. It is their sole duty to uphold safety, efficiency, speed, reliability, convenience, and accessibility of all transportation. Any organization found to be in noncompliance with the rules and regulations of the Dept of Transportation can be fined or terminated by the department fo r noncompliance. There are many rules and regulations set forth by the Dept of Transportation for the transportation of hazardous materials that I have not covered but these are the basics. It is, in the United States, the Dept of Transportation and regulates all transportation. Internationally, it is ICAO and IATA.

Essay --

Who Am I? A look inside Holden, Seymour, and Salinger from three acclaimed works. After World War II J.D. Salinger joined the ranks of the exceptionally adept authors that came about after the heinous second world war. Salinger, fueled by his experiences from the war, addressed many concerns and issues, most of which are timeless. Due to many of his astounding pieces, and his fresh outlook on society, is considered a phenomenal, classic, American author. One that is responsible for many renowned, coming of age novels, as well as a number of agonizing critiques of the society that has been cultured. The Catcher in the Rye and, â€Å"A Perfect Day for Bananafish† are two of his most acclaimed works, both wrestling with the concept concerning the conservation of innocence, a main talking point of Salinger. This is visible through many similarities between the two works. In The Catcher in the Rye, â€Å"A Perfect Day for Bananafish,† and, J.D. Salinger: A Life the characters share common internal conflicts regarding the people that they have become, thi s central conflict aids in conveying Salingers overwhelming claim that when faced with great ordeals, any figurative wounds attained, affect a person in every aspect of life. In The Catcher in The Rye Holden wrestles with the concept of the person that he has turned into. The colossal amount of struggles he has faced, and the lacerations he has gained have remained by his side, altering his everyday, mundane actions. Holden remarks on the painful transition between childhood and adulthood when he is in the Natural History Museum, he says that the, â€Å"best thing, though, in that museum was that everything always stayed right where it was.... Nobody's be different. The only thing that would be ... ...today. Salinger gained many mental and physical wounds during his time in the army, both affected his views on innocence and affected him as a person. Both The Catcher in the Rye, â€Å"A Perfect Day for Bananafish†, and J.D. Salinger: A Life have similar views on innocence, however, the way in which the protagonists experienced their realization on the topic was utterly different. In The Catcher in the Rye and, â€Å"A Perfect Day for BananaFish† as well as J.D. Salinger: A Life, Holden, seymour, and Salinger both find themselves with similar internal conflicts regarding the people they have become, in relation to their innocence. The self exploration the three underwent was due to the accumulation of anguish and grief. both The Catcher in the Rye and, â€Å"A Perfect Day for Bananafish† share similar insights, because of Salingers similar themes and his experience in the war.

Enigmatic Lights On The Moon :: essays research papers

Enigmatic lights seen on the Moon are a classic example of a Fortean enigma. Called transient lunar phenomena (TLP), they have been a mystery and a source of wonder to skywatchers since the earliest times. And yet, as astronomer Peter Grego points out, despite a wealth of detailed observations we seem no closer to an understanding of what these anomalous flashes are. Not long after the telescope was invented at the beginning of the 17th century, astronomers came to realise that the Moon, our only natural satellite, was not as dynamic a world as the Earth. The dark lunar tracts which early astronomers had somewhat optimistically called "maria" (seas) turned out to be nothing more than deceptively smooth plains of solidified lava. Much to astronomers' disappointment it became apparent that there were no appreciable expanses of water, though the new romantic marine nomenclature was retained, regardless - names like Mare Crisium (the Sea of Crises) and Oceanus Procellarum (the Ocean of Storms) were given in a vain attempt to grant the Moon an air of mystery and excitement. In reality, the Moon's surface appeared solid and unchanging. The Moon possessed no appreciable atmosphere and there were no detectable signs of lunar life; the Church breathed a sigh of relief, having been spared the embarrassment of attempting to explain why the book of Genesis forgot to mention that our sister planet was teeming with the products of DNA. This initial impression of the Moon as being a barren and entirely dead world has been propagated in the astronomical literature ever since Galileo first published his observations in 1610.2 It seems, however, that the Moon has been receiving unjustifiably bad astronomical press for nearly three centuries, for reports of its long-standing status rigor mortis have been greatly exaggerated. Lunar observers (mainly amateurs) have noticed that the Moon's surface is occasionally host to anomalous transient lunar phenomena (TLP) which have assumed a variety of forms, including isolated flashes or pulses of light, coloured glows and obscurations of portions of the lunar surface. Just why the science of astronomy has been unwilling to accept that our satellite occasionally displays obvious signs of activity is almost as big a mystery as TLP themselves. There is no shortage of TLP having been observed by reputable astronomers. William Herschel, one of history's greatest astronomers - he discovered the planet Uranus in 1781 - observed a red glow in the vicinity of the crater Aristarchus on 4 May 1783, at a time when that feature was situated on the unilluminated lunar hemisphere.

Harriet Beecher Stowes Uncle Toms Cabin - The Book that Started a War :: Uncle Toms Cabin

The Book that Started a War    Uncle Tom's Cabin, also called Life Among the Lowly, was written by Harriet Beecher Stowe.   It is a realistic, although fictional view of slavery.   The main characters in this story are Uncle Tom, Eliza and George Harris.   Uncle Tom is a pious, trustworthy, slave.   He never wrongs anyone and always obeys his master.   A very spiritual person, Uncle Tom tries his best to obey the Bible and to do what is right.   Eliza is a beautiful slave owned by George Shelby, Sr., the same person who initially owns Tom.   Eliza has a son, Harry.   Eliza's husband, George Harris, lives on a nearby plantation.   George is a brilliant man, and invented a machine that was used in the factory he works in.   His owner became jealous and demoted George from his factory job to doing hard labor on the plantation.   This story takes place throughout the states of Kentucky and Mississippi.      Chapters 1-5      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Because his Kentucky plantation was overwhelmed by debt, George Shelby, Sr. makes plans to trade some slaves to a slave dealer named Haley in exchange for debts being canceled.   The dealer selects Uncle Tom as payment for the debt.   While the two are discussing the possible transaction, Eliza's son, Harry, comes rushing into the room.   Haley decides he wants to take Harry also, but Shelby refuses to part with the child.   Eliza, overhearing part of the conversation, is frightened and confides her fears to her husband, George Harris.   The fact that George's owner is mistreating him, combined with a possible sale of his son persuades George to begin planning to run away.   After inferring from an overheard conversation between Mr. & Mrs. Shelby that they are indeed going to sell Harry and Uncle Tom, Eliza warns Tom and she runs away.      Chapters 6-15      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Eliza is able to cross the Ohio River and get to a safe place before Haley's two hired slave-catchers can catch up with her.   Although he was warned, Uncle Tom stays on the plantation, leaving it up to God to protect him.   At the same time, George Harris begins his escape.   Disguised as a Spaniard, George takes his time finding a route on the underground railroad.   He just happens to go to the same place where Eliza and Harry are being hidden.

Cost Accounting Terminologies Essay

Cost accounting, as a tool of management, provides management with detailed records of the costs relating to products, operations or functions. Cost accounting refers to the process of determining and accumulating the cost of some particular product or activity. It also covers classification, analysis and interpretation of costs. The cost so determined and accumulated may be the estimated future costs for planning purposes, or actual (historical) costs for evaluating performance. The Institute of Cost and Management Accountant (ICMA), London, defined cost accounting as â€Å"the process of accounting for cost from the point at which expenditure incurred or committed to the establishment of its ultimate relationship with cost centers and cost units. In its widest usage it embraces the preparation of statistical data, the application of cost control methods and the ascertainment of profitability of activities carried out or planned.† Costing Cost accounting and costing have distinctly different meanings. The Institute of Cost and Management Accountant (ICMA), London, defined costing as the ascertainment of costs. Costing includes the â€Å"techniques† and â€Å"processes† of ascertaining costs. The technique refers to the principles or rules which are applied for ascertaining costs of products manufactured and services rendered. There are mainly two methods of costing job costing and process costing. The process includes the day to day routine of determining costs within the methods of costing adopted by the business enterprise. Within such a process, there could be historical costing, marginal costing, absorption costing and standard costing etc. Objectives of Cost Accounting There is a direct relationship among information needs of management and cost accounting objectives and techniques and tools used for analyses in cost accounting. Cost accounting has the following three important objectives: 1. To determine the product cost.  2. To facilitate planning and control of regular business activities. 3. To supply information for short and long-run decision. Product Costing The objective of determining the cost of products is the prime importance of cost accounting. The total product costs and cost per unit of product are important in making inventory valuation, deciding price of the product and managerial decision making. Planning and Control Another important objective of cost accounting is the creation of useful cost data and information for the purposes of planning and control by management. The different alternative plans are evaluated in terms of respective costs and associated benefits. The management control over business operations aims to establish balance between actual and budgeted performance. A properly designed cost accounting system includes the following steps in the control process: 1. Comparing actual performance with budgets and standard 2. Analyzing the variances between budget and standards and actual by causes, and management responsibility so that corrective actions may take place. 3. Providing managers with data and reports about their individual performances and performances of subordinates. Information for decision Another important objective of cost accounting system is to provide data and special analyses for short and long-run decisions of a non-recurring nature. Appropriate cost information must be accumulated to make a wide variety of short and long run decision. According to Henke and Spoede, the following are the cost information developed in cost accounting: 1. As a basis for valuing manufactured inventories and cost of goods sold in externally presented financial reports. 2. In controlling operations through the evaluation of operating results and the placement of responsibilities for the uses of organizational resources on the shoulders of specifically identifiable persons within the organization. 3. In planning operations through the establishment of cost and budgetary goals. 4. In making day- to- day operating decisions. The cost information is used for two purposes in most organizations: 1) the cost accounting systems provide information to evaluate the performance of an organizational unit or his manager, and 2) also provide the means for estimating the unit cost of products or services that the organization can manufacture or provide to others. a) Performance measurement: This measurement can be done by comparing current costs with those who were expected – or standard costs budgeted cost – to the degree of knowing which of them have been controlled. Deviations of expected with the current – variances – can be identified, evaluated and discussed by managers. b) Cost of goods and services: In manufacturing companies, the costs of goods must be measured to determine the cost of items transferred from work in process inventory to finished products. To meet the demands for information, a cost system should measure all the costs of manufacturing process and allocate a portion of those costs to each unit of output. The cost to obtain, maintain and manage the manufacturing plant or building should be added to the cost of material and productive work that requires each unit. The first are called indirect costs and the two last are called direct costs. c) Profit analysis. Information in costs is essential to analyze the profits obtained from a product or product line. The information on the cost of a product enables managers to assess the contribution margin – the difference between the price and variable costs – and the gross margin – the difference between the price and the total cost of the product. d) Product mix. For the companies that offer more than one product or service the cost information is key to handle the mix of products or services offered to customers. With information on cost-profit, a manager can lead the effort in sales and advertising for products that generate greater value. The products that do not create any profit can be removed, have a price reassignation, or tied up with products that have greater utility. e) Price assignation. Regardless of where prices are determined by the forces of market demand, product differentiation and advertising offer to many managers some sort of idea to assign prices to products or services. The costs of products and trends commonly offer signals to managers that prices should be changed. An example could be the change in the cost of a material or critical component which can give a signal to reassess the price of a product or service. f) Cost of service. Many products require the seller to provide additional services to customers. In such cases, the information about the cost of service is so important for managers as the cost of production. The same for companies that offer services only, unless the cost of service is measured, there is no way to know whether providing the service is profitable or not, or whether changes in prices or advertising are needed. Looked from another angle, the uses that the administration of a company can give to the costs can be grouped into 4 categories, specified below Method of costing As state earlier, the term costing refers to the techniques and processes of determining cost of a product manufactured or a service rendered. Different methods are applied in business enterprises to ascertain cost depending upon the nature of the product, production method and specific business conditions. For example, in a textile or steel company, raw material passes through different stages and production is done continuously. In some other industries, production is done at different customers specific orders and each job is different from the other job.

Ch1 Analysis

CHAPTER 1—INTRODUCTION TO FINANCIAL REPORTING MULTIPLE CHOICE 1. Charging off equipment that cost less than $20 would be an example of the application of: a. |going concern| b. |cost| c. |matching| d. |materiality| e. |realization| ANS:D 2. The going concern assumption: a. |is applicable to all financial statements| b. |primarily involves periodic income measurement| c. |allows for the statements to be prepared under generally accepted accounting principles| d. |requires that accounting procedures be the same from period to period| e. |none of the answers are correct| ANS:C 3.Understating assets and revenues is justified based on: a. |realization assumption| b. |matching| c. |consistency| d. |realization| e. |none of the answers are correct| ANS:E 4. The assumption that enables us to prepare periodic statements between the time that a business commences operations and the time it goes out of business is: a. |time period| b. |business entity| c. |historical cost| d. |transactio n| e. |none of the answers are correct| ANS:A 5. Valuing assets at their liquidation values is not consistent with: a. |conservatism| b. |materiality| c. |going concern| d. |time period| . |none of the answers are correct| ANS:C 6. The business being separate and distinct from the owners is an integral part of the: a. |time period assumption| b. |going concern assumption| c. |business entity assumption| d. |realization assumption| e. |none of the answers are correct| ANS:C 7. The principle that assumes the reader of the financial statements is not interested in the liquidation values is: a. |conservatism| b. |matching| c. |time period| d. |realization| e. |none of the answers are correct| ANS:E 8. An accounting period that ends when operations are at a low ebb is: a. a calendar year| b. |a fiscal year| c. |the natural business year| d. |an operating year| e. |none of the answers are correct| ANS:C 9. The accounting principle that assumes that inflation will not take place or will be immaterial is: a. |monetary unit| b. |historical cost| c. |realization| d. |going concern| e. |none of the answers are correct| ANS:A 10. Valuing inventory at the lower of cost or market is an application of the: a. |time period assumption| b. |realization principle| c. |going concern principle| d. |conservatism principle| e. |none of the answers are correct| ANS:D 11.The realization principle leads accountants to usually recognize revenue at: a. |the end of production| b. |during production| c. |the receipt of cash| d. |the point of sale| e. |none of the answers are correct| ANS:D 12. The comment that â€Å"items that are not material may be recorded in the financial statements in the most economical and expedient manner possible† is representative of: a. |matching| b. |conservatism| c. |realization| d. |materiality| e. |none of the answers are correct| ANS:D 13. The assumption that deals with when to recognize the costs that are associated with the revenue that is being re cognized is: a. matching| b. |going concern| c. |consistency| d. |materiality| e. |none of the answers are correct| ANS:A 14. The most significant current source of generally accepted accounting principles is the: a. |New York Stock Exchange| b. |Accounting Principles Board| c. |Accounting Research Studies| d. |AICPA committee on Accounting Procedure| e. |Financial Accounting Standards Board| ANS:E 15. All but one of the following statements indicates a difference between the Financial Accounting Standards Board (FASB) and prior approaches. Select the one that is not a difference. a. The FASB is independent of the AICPA. | b. |The size of the board is much smaller. | c. |The FASB has broader representation. | d. |The FASB is the primary board for the development of generally accepted accounting principles. | e. |Members of the FASB serve on a full-time basis. | ANS:D 16. The Accounting Principles Board issued Opinions between: a. |1959-1973| b. |1939-1959| c. |1973-present| d. |1966 -1976| e. |none of the answers are correct| ANS:A 17. The Financial Accounting Standards Board has issued statements between: a. |1960-1973| b. |1939-1959| c. |1973-present| d. 1966-1976| e. |none of the answers are correct| ANS:C 18. Accountants face a problem of when to recognize revenue. Which of the following methods of recognizing revenue is not used in practice? a. |point of sale| b. |point of order acceptance| c. |end of production| d. |receipt of cash| e. |revenue recognized during production| ANS:B 19. The organization that has by federal law the responsibility to adopt auditing standards is the: a. |New York Stock Exchange| b. |Public Company Accounting Oversight Board| c. |Accounting Principles Board| d. |Financial Accounting Standards Board| . |AICPA Committee on Accounting Procedure| ANS:B 20. By law, the setting of accounting standards is the responsibility of the: a. |AICPA Committee on Accounting Procedure| b. |New York Stock Exchange| c. |Accounting Principles Board | d. |Securities and Exchange Commission| e. |Financial Accounting Standards Board| ANS:D 21. The assumption that allows accountants to accept some inaccuracy, because of incomplete information about the future, in exchange for more timely reporting is: a. |conservatism| b. |time period| c. |business entity| d. |materiality| e. |realization| ANS:B 22.Which of the following does not relate to The Public Company Accounting Oversight Board (PCAOB)? a. |Two members of the board must be CPAs| b. |In addition to appointing the five members of the PCAOB, the SEC is responsible for the oversight and enforcement authority over the Board| c. |The PCAOB consists of five members appointed by the SEC| d. |The PCAOB is to adopt auditing standards| e. |The PCAOB is to adopt accounting standards| ANS:E 23. Understating expenses is justified based on: a. |time period assumption| b. |conservatism assumption| c. |materiality assumption| d. |matching assumption| . |none of the answers are correct| ANS: E 24. At the end of the fiscal year, an adjusting entry is made that increases salaries payable and increases salaries expense. This entry is an application of which accounting principle? a. |full disclosure| b. |materiality| c. |matching| d. |realization| e. |historical cost| ANS:C 25. Accountants provide for inflation using which of the following accounting principles? a. |going concern| b. |time period| c. |conservatism| d. |materiality| e. |none of the answers are correct| ANS:E 26. Which of these measurement attributes is not currently used in practice? . |historical cost| b. |relevant cost| c. |current market value| d. |current cost| e. |present value| ANS:B 27. The following data relate to Swift Company for the year ended December 31, 2008. Swift Company uses the accrual basis. Sales on credit|$250,000| Cost of inventory sold on credit|170,000| Collections from customers|220,000| Purchase of inventory on credit|150,000| Payment for purchases|140,000| Selling expenses (accrual basis)|40,000| Payment for selling expenses|45,000| Which of the following amounts represents income for Swift Company for the year ended December 31, 2008? a. $60,000| b. |$50,000| c. |$40,000| d. |$35,000| e. |$30,000| ANS:C 28. The following data relate to Rocket Company for the year ended December 31, 2008. Rocket Company uses the cash basis. Sales on credit|$180,000| Cost of inventory sold on credit|130,000| Collections from customers|170,000| Purchase of inventory on credit|140,000| Payment for purchases|150,000| Selling expenses (accrual basis)|20,000| Payment for selling expenses|25,000| Which of the following amounts represents income for Rocket Company for the year ended December 31, 2008? a. |$30,000| b. |$5,000 loss| c. |$40,000| . |$45,000| e. |$50,000| ANS:B 29. The following data relate to Gorr Company for the year ended December 31, 2008. Gorr Company uses the accrual basis. Sales for cash|$200,000| Sales for credit| 220,000| Cost of inventory sold | 180,000| Collec tions from customers| 300,000| Purchases of inventory on credit| 190,000| Payment for purchases| 180,000| Selling expenses (accrual basis)| 50,000| Payment for selling expenses| 60,000| Which of the following represents income for Gorr Company for the year ended December 31, 2008? a. |$180,000| b. |$185,000| c. |$190,000| d. |$200,000| e. none of the answers are correct| ANS:C 30. The following data relate to Falcon Company for the year ended December 31, 2008. Falcon Company uses the cash basis. Sales for cash|$180,000| Sales for credit| 190,000| Cost of inventory sold| 210,000| Collections from customers| 350,000| Purchases of inventory on credit| 200,000| Payment for purchases| 220,000| Selling expenses (accrual basis)| 60,000| Payment for selling expenses| 70,000| Which of the following amounts represents income for Falcon Company for the year ended December 31, 2008? a. |$90,000| b. |$80,000| c. |$70,000| d. $60,000| e. |none of the answers are correct| ANS:D 31. Other than Dec ember, the most popular month for fiscal year-end is: a. |January| b. |March| c. |June| d. |September| e. |October| ANS:D TRUE/FALSE 1. In order to determine the economic success of a grocery store, we should view it as separate from the other resources that are owned by this individual. ANS:T 2. Many of our present financial statement figures would be misleading if it were not for the going concern assumption. ANS:T 3. The going concern assumption does not influence the classification of assets and liabilities. ANS:F 4.The most accurate way to account for the success or failure of an entity is to accumulate all transactions from the opening of business until the business eventually liquidates. ANS:T 5. An entity usually cannot reasonably account for the profits related to inventory until that inventory is sold in the normal course of business. ANS:T 6. To the extent that money does not remain stable, it loses its usefulness as the standard for measuring financial transactions. ANS: T 7. A loss in value of money is called inflation. ANS:T 8. At the time of originally recording a transaction, historical cost also represents the fair market value.ANS:T 9. It would always be conservative to value inventory at market. ANS:F 10. Accountants normally recognize revenue when cash is received. ANS:F 11. The 1933 and 1934 U. S. federal securities laws virtually gave the Securities and Exchange Commission (SEC) authority and responsibility for the development of generally accepted accounting principles. ANS:T 12. The Statements of Financial Accounting Concepts are intended to provide the Financial Accounting Standards Board with a common foundation and the basic underlying reasoning on which to consider the merits of various alternative accounting principles. ANS:T 13.Eventually, the Financial Accounting Standards Board intends to evaluate current principles in terms of the concepts established in the Financial Accounting Concepts. ANS:T 14. Financial Accounting Concepts establish generally accepted accounting principles. ANS:F 15. According to the second Financial Accounting Concept, those characteristics of information that make it a desirable commodity can be viewed as a hierarchy of qualities, with understandability and usefulness for decision making of most importance. ANS:T 16. Performance indicators for nonbusiness organizations are usually formal budgets and donor restrictions.ANS:T 17. Reasonable inaccuracies of accounting for an entity, short of its complete life span, are accepted. ANS:T 18. Using the business entity assumption, the financial statements are prepared separate and distinct from the owners of the entity. ANS:T 19. The time period assumption indicates that the entity will remain in business for an indefinite period time. ANS:F 20. Timeliness is a pervasive constraint imposed upon financial accounting information. ANS:F 21. Relevance and reliability are two primary qualities that make accounting information useful for decision making. ANS:T 22.Predictive value, feedback value, and timeliness are ingredients needed to ensure that the information is reliable. ANS:F 23. Decision usefulness is a pervasive constraint imposed upon financial accounting information. ANS:F 24. Relevance is a quality requiring that the information be timely and that it also have predictive value or feedback value or both. ANS:T 25. The SEC has the authority to determine generally accepted accounting principles and to regulate the accounting profession. ANS:T 26. Some industry practices lead to accounting reports that do not conform to the general theory that underlies accounting.ANS:T 27. All important events that influence the prospects for the entity are recorded and therefore are reflected in the financial statements. ANS:F 28. The accrual basis of accounting recognizes revenue when realized (realization concept) and expenses when incurred (matching concept). ANS:T 29. The cash basis recognizes revenue when cash is received and expenses when cash is paid. ANS:T 30. The accountant records only the events that affect the financial position of the entity and that can be reasonably determined in monetary terms. ANS:T 31.The Sarbanes-Oxley Act has far-reaching consequences for financial reporting and the CPA profession. ANS:T 32. Among the many responsibilities of the PCAOB is to adopt accounting standards. ANS:F 33. For a public company, the SEC requires that a report be filed annually on its internal control systems. ANS:T 34. The Sarbanes-Oxley Act has had an insignificant effect on the relationship between the company and the internal auditor. ANS:F 35. Reporting under Sarbanes-Oxley revealed that very few companies had material weaknesses in their controls and processes. ANS:F 36.Private companies are required to report under Sarbanes-Oxley. ANS:F 37. Some firms question the costs/benefits of implementing Sarbanes-Oxley. ANS:T 38. For many companies that use December 31 for the year-end, we cannot tell if December 31 was selected because it represents a natural business year or if it was selected to represent a calendar year. ANS:T 39. Accounting Trends & Techniques is a compilation of data obtained by a survey of 600 annual reports to stockholders undertaken for the purpose of analyzing the accounting information disclosed in such reports. ANS:T 40.Many companies are on a 51-52 week fiscal year. ANS:F 41. The Sarbanes-Oxley Act has materiality implications. ANS:T 42. Web sites are not very useful when performing analysis. ANS:F 43. Accounting standards codification TM reorganizes the accounting pronouncements into approximately 90 accounting topics. ANS:T 44. Accounting standards codification TM addresses U. S. GAAP for nongovernmental entities. ANS:T PROBLEMS 1. Required: Listed below are several accounting principles and assumptions. Match the letter of each with the appropriate statement. a. Business entity|e. Historical cost|i.Full disclosure| b. Going concern|f. Conservatism|j . Verifiability| c. Time period|g. Realization|k. Materiality| d. Monetary unit|h. Consistency|l. Industry practices| 1. |Some industry practices lead to accounting reports that do not conform to the general theory that underlies accounting. | 2. |Requires the accountant to adhere as closely as possible to verifiable data. | 3. |Requires the entity to give the same treatment to comparable transactions. | 4. |Directs that the measurement that has the least favorable effect on net income and financial position in the current period be selected. 5. |The decision is made to accept some inaccuracy because of incomplete information about the future in exchange for more timely reporting. | 6. |Involves the relative size and importance of an item to a firm. | 7. |A reasonable summarization of financial information is required. | 8. |Deals with the problem of when to recognize revenue. | 9. |The primary value that is used for financial statements. | 10. |Standard of measure for financial sta tements. | 11. |The assumption that the entity being accounted for will remain in business for an indefinite period of time. 12. |Assumption that a business's financial statements are separate and distinct from the personal transactions of the owners. | ANS: 1. |l| 2. |j| 3. |h| 4. |f| 5. |c| 6. |k| 7. |i| 8. |g| 9. |e| 10. |d| 11. |b| 12. |a| 2. Required: State the accounting principle or assumption that is most applicable: a. |The company uses the same accounting principle from period to period. | b. |Financial statements are prepared periodically. | c. |Subscriptions paid in advance are recorded as unearned subscription income. | d. |All significant financial transactions are reported. | e. Personal transactions of the stockholders are not recorded on the company's financial statements. | f. |Land is recorded at $10,000, which was the amount paid. Current value of the land is $25,000. | g. |The accountants determine that the company is in danger of going bankrupt and therefore re fuse to certify the statements as prepared according to generally accepted accounting principles. | h. |The company loses a major customer and does not record a loss. | ANS: a. |consistency| b. |time period| c. |realization| d. |full disclosure| e. |business entity| f. |historical cost| g. |going concern| h. |transaction approach| . Listed below are ten interrelated elements that are directly related to measuring performance and status of an enterprise according to SFAC No. 6, â€Å"Elements of Financial Statements. † a. Assets|f. Comprehensive income| b. Liabilities|g. Revenues| c. Equity|h. Expenses| d. Investments by owners|i. Gains| e. Distribution to owners|j. Losses| Required: Match the letter with the appropriate definition. 1. |Probable future sacrifices of economic benefits arising from present obligations of a particular entity to transfer assets or provide services to other entities in the future as a result of past transactions or events. 2. |Increases in the equi ty of a particular business enterprise resulting from transfers to the enterprise from other entities of something of value to obtain or increase ownership interests (or equity) in it. Assets are most commonly received as investments by owners, but that which is received may also include services or satisfaction or conversion of liabilities of the enterprise. | 3. |A decrease in the equity of a particular business enterprise resulting from transferring assets, rendering services, or incurring liabilities by the enterprise to owners.Decreases ownership interest (or equity) in an enterprise. | 4. |Decreases in the equity (net assets) from peripheral or incidental transactions of an entity and from all other transactions and other events and circumstances affecting the entity during a period, except those that result from expenses or distributions to owners. | 5. |Outflows or other consumption or using up of assets or incurrences of liabilities (or a combination of both) from deliverin g or producing goods, rendering services, or carrying out other activities that onstitute the entity's ongoing major or central operations. | 6. |The change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from nonowner sources. It includes all changes in equity during a period, except those resulting from investments by owners and distributions to owners. | 7. |Probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events. | 8. |The residual interest in the assets of an entity after deducting its liabilities. 9. |Inflows or other enhancements of assets of an entity or settlements of its liabilities (or a combination of both) from delivering or producing goods, rendering services, or engaging in other activities that constitute the entity's ongoing major or central operations. | 10. |Increases in the equity (net assets) from peripheral or incidental transa ctions of an entity and from all other transactions and other events and circumstances from revenues or investments by owners. | ANS: 1. |b| 2. |d| 3. |e| 4. |j| 5. |h| 6. |f| 7. |a| 8. |c| 9. |g| 10. |i| 4.Listed below are several qualitative characteristics. a. |understandability| b. |usefulness for decision making| c. |relevance| d. |reliability| e. |predictive| f. |feedback value| g. |timely| h. |verifiable| i. |representational faithfulness| j. |neutrality| k. |comparability| l. |materiality| m. |benefits of information should exceed its cost| Required: Match the letter (or letters) that goes with each statement. 1. |Two constraints included in the hierarchy. | 2. |For this quality, the information needs to have predictive and feedback value and be timely. | 3. These are the qualitative characteristics that are viewed as having the most importance. | 4. |SFAC No. 2 indicates that to be reliable, the information needs to have these characteristics. | 5. |Interacts with relevance and reliability to contribute to the usefulness of information. | 6. |Two primary qualities that make accounting information useful for decision making. | 7. |For this quality, the information must be verifiable, subject to representational faithfulness, and neutral. | 8. |SFAC No. 2 indicates that to be relevant, the information needs to have these characteristics. |ANS: 1. |l, m| 2. |c| 3. |a, b| 4. |h, i, j| 5. |k| 6. |c, d| 7. |d| 8. |e, f, g| 5. Listed below are ten phrases with the appropriate abbreviation. a. |Generally Accepted Accounting Principles (GAAP)| b. |Securities and Exchange Commission (SEC)| c. |American Institute of Certified Public Accountants (AICPA)| d. |Accounting Principles Board (APB)| e. |Financial Accounting Standards Board (FASB)| f. |Statements of Financial Standards (SFAS)| g. |Discussion Memorandum (DM)| h. |Statements of Position (SOP)| i. |Emerging Issues Task Force (EITF)| j. |Financial Reporting Releases (FRRs)| k. The Public Company Accounting O versight Board (PCAOB)| Required: Match the letter with the appropriate definition. 1. |Issued by the SEC and give the SEC's official position on matters relating to financial reports. | 2. |Accounting principles that have substantial authoritative support. | 3. |A task force of representatives from the accounting profession created by the FASB to deal with emerging issues of financial reporting. | 4. |Created by the Securities Exchange Act of 1934. | 5. |Issued by the Accounting Standards Division of the AICPA to influence the development of accounting standards. 6. |A professional accounting organization whose members are certified public accountants (CPAs). | 7. |Issued official opinion on accounting standards between 1959-1973. | 8. |This board issues four types of pronouncements: (1) Statements of Financial Accounting Standards (SFAS), (2) Interpretations, (3) Technical Bulletins, and (4) Statements of Financial Accounting Concepts (SFAC). | 9. |Presents all known facts and poi nts of view on a topic; issued by the FASB. | 10. |Issued by the Financial Accounting Standards Board (FASB) and establish GAAP for specific accounting issues. 11. |Responsible for adopting auditing standards. | ANS: 1. |j| 2. |a| 3. |i| 4. |b| 5. |h| 6. |c| 7. |d| 8. |e| 9. |g| 10. |f| 11. |k| 6. Listed below are Concept Statements. a. |Statement of Financial Accounting Concepts No. 1| b. |Statement of Financial Accounting Concepts No. 2| c. |Statement of Financial Accounting Concepts No. 3| d. |Statement of Financial Accounting Concepts No. 4| e. |Statement of Financial Accounting Concepts No. 5| f. |Statement of Financial Accounting Concepts No. 6| g. |Statement of Financial Accounting Concepts No. 7| Required:Match the letter that goes with each Concept Statement title. 1. |Objectives of Financial Reporting by nonbusiness| 2. |Elements of Financial Statements of Business Enterprises| 3. |Qualitative Characteristics of Accounting Information| 4. |Elements of Financial Statements (a replacement of No. 3)| 5. |Objective of Financial Reporting by Business Enterprises| 6. |Recognition and Measurement in Financial Statements of Business Enterprise| 7. |Using Cash Flow Information in Accounting Measurements| ANS: 1. |d| 2. |c| 3. |b| 4. |f| 5. |a| 6. |e| 7. |g|