Wednesday, January 22, 2020
The Kalapalo Indians :: essays research papers
The Kalapalo Indians The Kalapalo Indians of Central Brazil are one of a few surviving indigenous cultures that is uniquely protected by a national reserve in lowland South America. Through no effort of there own, they have been isolated artificially from Brazilian social and economic influences that reach almost every other Indian tribe in Brazil. This unusual situation has made it possible for the Kalapaloââ¬â¢s culture to be undisturbed by the outside world and the surrounding tribes. Much of Kalapalo life is run through a central concept or an ideal of behavior, called ifutisu. This is an infinite ideological concept that is represented in many ways in social life and ideal organization among the Kalapalo. The area in which the Kalapalo live is in the northeastern Mato Grosso state called Upper Xingu Basin. There are four unintelligible languages by groups in this region. This makes the Upper Xingu Basin linguistically diverse, but with many of the groups still sharing the same social and ideological features. It is very difficult to trace back the origins of Kalapalo life because of the integration of the many different and culturally diverse groups in the Upper Xingu Basin. So, many of systems of kinship classification, marriage practices, ceremonial organizations, status allocation, and religious beliefs are consistent with cultural rules and social practices and not with the original system. Many of the modern local groups can only reconstruct their own history which is in limited detail, these systems canââ¬â¢t be isolated completely from the existing society. The two most important social units in Upper Xingu society are the village and the household groups. Both the village and household can be considered corporate in that both control rights to territorial resources, acts as a unit when performing certain economic and ceremonial activities. Members of a household group are obligated to pass out food which they collect amongst themselves. Even when one cannot supply food a Kalapalo is assured of a share because everyone is treated with the same kind of respect. Despite this corporate organization, membership in villages and households is constantly changing, and there is much movement of people between group to group. The Kalapalo society is a system wherein social units, such as the village groups and households exist only because of the individual who decides to live in these systems and choose to cooperate with one another. This is very different from other non-western societies whereas the individual acquire the responsibility to join in social units, by birth or other means of relationship to and with each other regardless of the identity of the individual themselves. The Kalapalo social organization is characterized by a flexible group membership
Tuesday, January 14, 2020
Performance Management System of Banglalink Essay
The mark an employee receives in his/her evaluation plays a very important role in his/her chances of promotion. Banglalink uses the ââ¬Å"Performance Reviewâ⬠form which is generally termed as ââ¬Å"Adjective Checklistâ⬠The Performance Review forms are sent to all the people who act as supervisors of a certain number of employees. The supervisors are instructed to evaluate their subordinates They are specifically instructed to evaluate the ââ¬Å"job performanceâ⬠of the employee; and not to evaluate the employee himself or herself as a person. The supervisor fills out the form himself During his evaluation, he may consult with the employee if the supervisor has any remarks; he puts them on the form also. After all these are completed, he assigns marks on the rating. The marks are specified on the form. After the supervisor completes his evaluation, his section head reviews the form If he has other thoughts about the person evaluated, he then consults both the supervisor and the subordinate, whose performance was evaluated, and then clarifies the matter. He then gives his own remarks. Then the form is sent to the Departmental Head, who gives the final acknowledgement when he assesses that everything is in order. Thus all the filled out forms are gathered and sent to the Banglalink head-office, where these forms are sorted and arranged Then the top management reviews these forms. They evaluate the markings received. Then they can make a certain judgments on the employeeââ¬â¢s abilities and performance The present position of the employee and his current salary along with the marks and recommendations he received are combined to make a matrix With this matrix, the employeeââ¬â¢s increment is calculated. [pic] Appraisal Feedback After the evaluation has been done, the top management makes their decisions nd forms future plans Where the evaluation results are not satisfactory, the top management asks for more information After getting the information, they sit with the Departmental Head of the employee under scrutiny and then they proceed to assess the situation. Later they discuss the situation with the rater and the employee he rated and then they make their decision. When the evaluation results are positive and the top management has made their decisions about the employeeââ¬â¢s increments or promotion, the employees are given the information in an informal manner. Thus, they are assured of the assessment that has been made of them. In this way they are kept motivated. 3. Research Methodology Type of Research The project falls in the category of exploratory and descriptive research, i. e, a research designed to evaluate the Performance Appraisal of Banglalink. This applies to the research part. Prior to that, the organizational part is helpful for the clear understanding of the existing position of Banglalink and also serves the purpose of the exploratory. Besides, a limited scale of causal research has been also included to examine the cause and effect relationship among variables. Basic Research Method The basic research method in this theoretical Knowledge, field survey and practical orientation. In that the annual report and websites were the major source of secondary data. Besides, the discussion with the concerned managers/employees (Primary data) yielded the additional information to fill up the gaps and helped in clear understanding. Sources and Method of data collection To carry out the research study, data has been collected both from primary and secondary sources Primary Data Primary data have been collected as follows Structured Questionnaire Keeping the problem statement in view, a number of questions in the form of checklist had been formulated. The checklist had been the main tool for relevant question to the primary data sources to formulated the operational definition of the problem statement and precisely find out the area of study. Questionnaire were developed incorporating mixed type of questions. One type of questionnaire for the managers at Banglalink and the other type is for employees. Some questions were common for all while some questions were exclusive for either group. Questionnaires were designed in such a way so that all-important elements of the performance appraisal system can be covered by it. After questionnaire formulation, an exhaustive and deliberate discussion was conducted and necessary adjustments were made. Pretest for screening of the questionnaire has been carried out. After pretest, the final questionnaire has been prepared.
Sunday, January 5, 2020
The Crusades Campaigns That Changed The World - 1738 Words
Jared Spoonhour Mrs. Fegan Human Rights Literature 18 November 2015 The Crusades: Campaigns that Changed the World The Middle East has been afflicted by major religious wars and strife for thousands of years. For nearly a millennium, pilgrims from Europe had been persecuted by the Muslim rulers while on their way to the holy Christian city of Jerusalem in order to make atonement for their sins. The tense struggle for ownership of the city of Jerusalem between Muslims and Christians nearly a thousand years after Christââ¬â¢s death finally came to a head in 1095. After learning of the mistreatment towards Christians in the Middle East by Muslims, Pope Claremont advocated for the liberation of Jerusalem from its Muslim governance in order to acquire freedom for the oppressed Christians attempting to simply be pious followers and repent. The Crusades, occurring from 1095 A.D. to 1272 A.D., were a direct response to the problems coinciding with the growing population of Muslims, Jews, and Islamic peoples in the Middle East and were greatly influenced by powerful individuals such as Richard I of Eng land, consequently leading to effects that would forever change the worldââ¬â¢s advancement and progression. One thousand years after Christââ¬â¢s death the peaceful setting in which Muslims and Christians cohabitated in the Middle East began to be threatened. Many formerly Christian controlled cities had now fallen under the control of Muslims. Ordinarily this was not an issue, however, at thisShow MoreRelatedEssay about The History of the Womenââ¬â¢s Suffrage Movement977 Words à |à 4 PagesWomenââ¬â¢s suffrage, or the crusade to achieve the equal right for women to vote and run for political office, was a difficult fight that took activists in the United States almost 100 years to win. On August 26, 1920 the 19th Amendment to the Constitution of the United States was ratified, declaring all women be empowered with the same rights and responsibilities of citizenship as men, and on Election Day, 1920 millions of women exercised their right to vote for the very first time. The womenââ¬â¢sRead MoreNational Literacy Crusade Coordinator, And Valerie Miller Essay1627 Words à |à 7 PagesCardenal, serving as the National Literacy Crusade Coordinator, and Valerie Miller, a CNA advisor, outlined that the literacy campaign would not just eradicate illiteracy, but create an identity of a ââ¬Å"new man [and a] new womanâ⬠for Nicaraguans. Through the CNA, the Sandinistas hoped to introduce young Nicaraguans to the difficulties and hardship endured by Nicaraguaââ¬â¢s poor rural population. For many of the brigadistas who volunteered, the 1980 literacy campaign served as their first experience withRead MoreThe Rise of Europe853 Words à |à 4 PagesThe Rise of Europe Contemporary world power, and the shift from the East to the West during what historianââ¬â¢s term, Medieval/Renaissance Europe, shifted the roles of two vastly different empires ââ¬â the Ming and Ottoman. Even though we barely even touched on the Ming Empire, I feel like the significance of it, is far too grand to leave out in describing the rise of Europe. Both empires had different types of leadership and core goals ââ¬â military and social. The Ming Empire was led by brilliant philosophicalRead MoreThe Case Of Edward Bernays1520 Words à |à 7 Pageschoose whether or not to place their trust in a campaign, business, or company based on how they portray themselves ethically. However, there have been several instances where people have acted unethically in the field of Public Relations and still became successful. In the case of Edward Bernays, acting ethically was not a point of emphasis. In fact, Bernaysââ¬â¢ unethical public relations tactics and use of propagand a brought him fame and notoriety in the world of public relations, to the point that he hasRead MoreThe War On Terror ( Wot )1582 Words à |à 7 Pages The War on Terror (WoT), also known as the Global War on Terrorism (GWOT), refers to the international military campaign that started after the September 11 attacks on the United States.[47] U.S. President George W. Bush first used the term War on Terror on 20 September 2001.[47] The Bush administration and the western media have since used the term to argue a global military, political, legal, and conceptual struggle against both organizations designated terrorist and regimes accused of supportingRead MoreThe s Head Worldwide Quadrennial Soccer Competition1192 Words à |à 5 Pagesacknowledged it had lost the fight and has following ceased from any further trap movement encompassing the Olympics. In 1996 release of the European Championships, Uefa s head worldwide quadrennial soccer competition, gave a case of snare promoting that changed the substance of games sponsorship. English sportswear organization Umbro had paid for the rights to be the official sportswear supplier of the titles, just to find that Nike had bought all the blurb space and promoting locales in and around WembleyRead MoreLone Success of the First Crusade2657 Words à |à 11 Pagesthe First Crusa de The First Crusade was the pinnacle of the entire Crusade campaign. Its lone success in the long line of Crusades proves its uniqueness among the six others that were mostly ineffective. Certain fortunate circumstances definitely contributed to the Christian success in taking the Holy Land on their first try. Similarly, many other circumstances were responsible for why the following crusades were less successful and in some cases disastrous. From the first crusade being a holyRead MoreThe Long Journey Of African Americans1176 Words à |à 5 PagesAmericans and thousands of them forced to run away for their lives. The movement grew because of its earlier campaigns. It lobbied the congress to create and pass anti lynching bills that made it illegal to lynch the black Americans. Despite its lack of more success in its ambition, it succeeded in making sure that the public were aware of the problem that was at hand. During the First World War, the movement succeeded in having black army officers recruited in the segregated units. Despite this theyRead MoreThe Crusades and the Siege of Damascus618 Words à |à 2 PagesThe Crusades lasted much longer than most people are aware. Common knowledge of the Crusades states that it was one long war between Christians and Muslims, when in fact; there were several Crusades, between Christians, and all non-Christians. The first Crusade was the only successful Crusade, and was widely praised in Christian Europe. After the fall of Edessa in 1144, a second Crusade was waged unsuccessfully. Dawn Hayes, a professor at Montclair State University, defines the Crusades as aRead MoreAlexander the Great: the Man, the Life, the Legacy Essay example1465 Words à |à 6 Pagesaccused him as a drunken killer who wanted only to have the world under his rule. Others deem him as a kind-hearted man who wanted to better the world by spreading the culture of his people. The decision of what is in the right and what is feigning depends foremost on the sources and information being analysed. After much researching, Alexander the Greatââ¬â¢s personality has been evaluated and the extent to which his actions shaped and changed the society in which they lived were studied. He had effects
Saturday, December 28, 2019
How To Make Copper Acetate from Copper
You can make copper acetateà [Cu(CH3COO)2] from common household materials to use in science projects and to grow natural blue-green crystals. Heres what you do: Materials You only need three simple ingredients to prepare copper acetate from copper metal: Copper (e.g., copper wire or pennies minted before 1982)Hydrogen peroxideWhite vinegar Procedure Mix equal parts vinegar and hydrogen peroxide.Heat the mixture. You can bring it to a boil so that youre certain its hot enough, but once you reach that temperature, you can turn down the heat.Add copper. For a small amount of liquid, try about 5 pennies or a strip of copper wire. If you are using wire, make sure it is uncoated.Initially, the mixture will bubble and become cloudy. The solution will turn blue as copper acetate is produced.Wait for this reaction to proceed. Once the liquid clears up, heat the mixture until all the liquid is gone. Collect the solid, which is copper acetate. Alternatively, you can remove the mixture from heat, place the container in a place where it wont be disturbed, and wait for copper acetate monohydrate [Cu(CH3COO)2.H2O]à crystals to deposit on the copper. Copper Acetate Uses Copper acetate is used as a fungicide, catalyst, oxidizer, and as a blue-green pigment for making paint and other art supplies. The blue-green crystals are easy enough to grow as a beginner crystal-growing project. More Chemicals to Make Copper acetate isnt the only chemical you can make from common materials. Make Copper Sulfate: Copper sulfate can be used to grow bright blue crystals.Make Sodium Acetate (Hot Ice): Sodium acetate is produced from the reaction between baking soda and vinegar.Make Ammonium Nitrate: Make ammonium nitrate by reacting nitric acid and ammonia.
Friday, December 20, 2019
Article Review Casino Bonuses - 1799 Words
Article 4 ââ¬â Casino bonuses ââ¬â Whatââ¬â¢s in it for online casinos? From the moment you visit Google and input the term ââ¬Å"online casinoâ⬠, you are going to presented with page after page of casino bonuses, all of which offer you the chance to ââ¬Å"win bigâ⬠and ââ¬Å"play for freeâ⬠. While it is great to see the online casinos working hard to draw in new customers, questions have to be raised about the legitimacy of these ââ¬Å"free playâ⬠offers. Reason being because if they are what they say they are, how can the online casinos keep affording to do it? Whatââ¬â¢s in it for an online casino when you take them up on their ââ¬Å"free moneyâ⬠offer? Calculating the cost Let me start by telling you this, there is no such thing as ââ¬Å"free moneyâ⬠when it comes to the world of online gambling. Not matter which bonus you accept, free play, free spin, matched deposit, no deposit, you can expect that you will have to work hard to really have true access to it. In order to ââ¬Å"unlockâ⬠your casino bonus you need to meet what is usually a loaded checklist of criteria. Wagering requirements are the element that usually means that you ââ¬Å"free bonusâ⬠cost a little more than you expect. When evaluating the true cost of a casino bonus I recommend you take a good look at the following elements with regards to its use: â⬠¢ Wagering requirement â⬠¢ Game contributing percentage â⬠¢ House edge Wagering requirement This is the big thing to consider and is the main way that online casinos make money, so wagering requirements are somethingShow MoreRelatedKeyword : Best Bingo Sites Reviews Essay1007 Words à |à 5 PagesSites Reviews Find out Best Bingo Sites Reviews Find the worldââ¬â¢s Best Bingo Sites Reviews before to begin playing online. What are the Best Bingo Sites Reviews Online? There are millions of online bingo review sites available in the market today. Players are spoilt of getting too many choices when it comes deciding upon which games ensure maximum payout. Each country has a dedicated set of review sites, apart from this there are sites that include reviews about all the top online bingo casinos offeringRead MoreArticle 4 : Coral Casino1859 Words à |à 8 PagesArticle 4 ââ¬â Coral Casino Review Run by Gala Interactive and a mainstay within the Gala product family, Coral Casino is a Gibraltar licensed and regulated online casino. The aforementioned is a basic explanation of what Coral Casino is, but if you want to get a true feel for what they offer players you are going to have to dig a little deeper. Bonuses and Promotions Coral Casino understands that it is bonuses and promotions that draw players in, so in such department they certainly donââ¬â¢t disappointRead MoreArticle 92 - Why A Casino Portal Can Be A Gamblers Best Friend1818 Words à |à 8 PagesArticle 92 - Why a casino portal can be a gamblerââ¬â¢s best friend Back in the day, anyone who wanted to find a noteworthy casino bonus had to put in some serious legwork. Hour upon hour of research would be needed to not just find an appropriate casino bonus, but to even see whatââ¬â¢s out there. Ask any gambler who did such back in the early 2000s about this and theyââ¬â¢ll tell you that such process was an almighty grind. As time progressed the process of locating a casino bonus moved on and thankfullyRead MoreArticle 39 : The Gamblers Guide For Finding The Best Online Casino2011 Words à |à 9 PagesArticle 39 ââ¬â The gamblerââ¬â¢s guide to finding the best online casino It is estimated that all that is required to launch an online casino is a website and à £40,000 in start-up funds. While this will be a big figure to most, from a nationally accessible company standpoint it is actually quite a poultry figure. This low-end cost goes a long way in explaining why there are over 3,000 active online casinos in operation. Gamblers these days have plenty of choice when it comes to deciding where to gambleRead MoreArticle Review : No Deposit Bonus2041 Words à |à 9 PagesArticle 3 ââ¬â No Deposit Bonus In the world of UK based online casino gaming you should be one thing above all else, that being selfish. Now I know that sounds fairly harsh, because being selfish isnââ¬â¢t seen as a positive, but if you want to be successful in the world of online casino it should be considered a must. There is no looking out for your fellow player, it is a case of that you should only ever look out for number one. One area in which being selfish is absolutely crucial is when it comesRead MoreArticle Analysis : Bitcoin Online Gambling1538 Words à |à 7 PagesArticle 28 ââ¬â Bitcoin online casinos come under attack As far as innovations go, few have been as big or a technologically relevant as bitcoin. The cryptocurrency has taken the world by storm and is now a key element within the world of online casino gaming. The new innovation has undoubtedly improved how the online casino industry operates, providing players with more financial freedom from a gambling perspective. While that is the case it has been in for some controversy as of late, as variousRead MoreArticle Review : Online Casino2003 Words à |à 9 PagesArticle 1 ââ¬â Online Casino Letââ¬â¢s be honest, for all the supporters that the world on online gambling has, it also has an equal number of detractors. There are certain individuals that have spent their life trying to squash an industry that is all about providing fun and entertainment to people the world over. What the detractors of online gambling donââ¬â¢t seem to realise is that what lies within the cards on the virtual table is charm. There is a reason why the Las Vegas strip and Monto Carlo casinoRead MoreIs Amaya Gaming The Worlds First True Online Casino Entertainment Company?1553 Words à |à 7 PagesArticle 10 ââ¬â Is Amaya Gaming the worldââ¬â¢s first true online casino entertainment company? It has a titanic sized user base, is an industry leader in ever sense of the world, and has user engagement levels that simply blow the competition away. Amaya Gaming have grown to such a level where they truly embody the term ââ¬Å"entertainmentâ⬠arguably more than they do the term ââ¬Å"online casinoâ⬠. Considering they now seem to have more association with B2C Internet firms than their online casino peers, have AmayaRead MoreArticle On Online Casino Games1574 Words à |à 7 PagesArticle 25 ââ¬â Online casino game developers to watch in 2015 If you love playing online casino games, there are plenty of reasons to get excited about 2015. Current software developers are working round the clock to raise the bar in terms of fun and quality, but it isnââ¬â¢t just the names you recognize that is pushing the online casino industry forward. Brand new software developers are seemingly starting up monthly, and with these new companies come brand new casino games and game technology. WhileRead MoreArticle Review : Free Bet1974 Words à |à 8 PagesArticle 5 ââ¬â Free Bet They are the lifeblood of the online casino industry and an element that as a player you simply canââ¬â¢t ignore. Online casino bonuses and free bets are as common place as the casino themselves, so as a player it pays to understand what they are and where to find them. While in days gone by you may have claimed free bets blindly, it neednââ¬â¢t be that way anymore. This is because this guide is now on hand to guide you through the ins and outs of free bets, free spins, and free slots
Thursday, December 12, 2019
St. Lunatics free essay sample
Are you the type who only listens toone kind of music? Well, take a chance and listen to something different: rhythmdancing music. The St. Lunatics are a new group flying up the charts. You mayknow the star soloist, Nelly. The group also includes Ali, Kewjaun, Merphy, andCity Spud. The St. Lunatics are a hip-hop group from St. Louis. You maythink all rap artists have similar lyrics and use the same beats continuously,but the St. Lunatics have a different, upbeat rhythm and stylish lyrics. Mostpeople assume that hip-hop artists have, shall we say, a unique way of expressingtheir lyrics. One reason to get this CD is to let the St. Lunatics proveotherwise. The song Groovin Tonight, featuring Brian McKnight, showsthey can have heartwarming love songs too. If youre in the mood to listento hip-hop, the St. Lunatics are a great choice. This CD does have some foullanguage, but its also available without it. We will write a custom essay sample on St. Lunatics or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I am sure you will be pleased withthe new and stellar beats and lyrics.
Wednesday, December 4, 2019
Final Exam free essay sample
If a firm in a purely competitive industry is confronted with an equilibrium price of $5, its marginal revenue: A. will be greater than $5 B. will also be $5 C. will be less than $5 D. may be either greater or less than $5 2) A firm that is motivated by self interest should: A. always use large amounts of cheap inputs and small amounts of expensive inputs in producing its output B. hire each input so the productivity of each is equal at the margin C. always use large amounts of the most productive inputs and small amounts of the least productive inputs in producing its output employ the combination of resources that will produce the profit-maximizing output at the minimum cost 3) If price is above the equilibrium level, competition among sellers to reduce the resulting: A. shortage will increase quantity demanded and decrease quantity supplied B. surplus will increase quantity demanded and decrease quantity supplied C. c. a special account used instead of a trial balance. d. used for accounts that have both a debit and credit balance. 6. Which of the following correctly identifies normal balances of accounts? a. AssetsDebit LiabilitiesCredit Stockholders EquityCredit RevenuesDebit ExpensesCredit b. AssetsDebit LiabilitiesCredit Stockholders EquityCredit RevenuesCredit ExpensesCredit c. AssetsCredit LiabilitiesDebit Stockholders EquityDebit RevenuesCredit ExpensesDebit d. AssetsDebit LiabilitiesCredit Stockholders EquityCredit RevenuesCredit ExpensesDebit 7. Which of the following statements is true? a. Debits increase assets and increase liabilities. b. Credits decrease assets and decrease liabilities. c. Credits decrease assets and increase liabilities. . Debits decrease liabilities and decrease assets. 8. The revenue recognition principle dictates that revenue should be recognized in the accounting records a. when cash is received. b. when it is earned. c. at the end of the month. d. in the period that income taxes are paid. 9. Under accrual-basis accounting a. cash must be received before revenue is recognized. b. net income is calculated by matching cash outflows against cash inflows. c. events that change a companys financial statements are recognized in the period they occur rather than in the period in which cash is paid or eceived. d. the ledger accounts must be adjusted to reflect a cash basis of accounting before financial statements are prepared under generally accepted accounting principles 10. Expenses incurred but not yet paid or recorded are called a. prepaid expenses. b. accrued expenses. c. interim expenses. d. unearned expenses. 11. Accumulated Depreciation is a. an expense account. b. a stockholders equity account. c. a liability account. d. a contra asset account. 12. Sue Smiley has performed $500 of CPA services for a client but has not billed the client as of the end of the accounting period. What adjusting entry must Sue make? a. Debit Cash and credit Unearned Revenue b. Debit Accounts Receivable and credit Unearned Revenue c. Debit Accounts Receivable and credit Service Revenue d. Debit Unearned Revenue and credit Service Revenue 13. After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the a. adjusted trial balance. b. post-closing trial balance. c. the general journal. d. adjustments columns of the worksheet. 14. The net income (or loss) for the period . is found by computing the difference between the income statement credit column and the balance sheet credit column on the worksheet. b. cannot be found on the worksheet. c. is found by computing the difference between the income statement columns of the worksheet. d. is found by computing the difference between the trial balance totals and the adjusted trial balance totals. 15. The income statement and balance s heet columns of Pine Companys worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals$58,000$48,000$34,000$44,000 The net income (or loss) for the period is a. $48,000 income. b. $10,000 income. c. $10,000 loss. d. not determinable. 16. Earnings per share is a. net income divided by the number of common shares outstanding. b. the market price of the stock divided by the number of shares outstanding. c. gross profit divided by the number of common shares outstanding d. reported on the balance sheet. 17. All of the following are measures of profitability except a. working capital. b. profit margin. c. return on common stockholdersââ¬â¢ equity. d. return on assets. 18. The principle that requires circumstances and events that make a difference to financial statement users be reported is the a. cost principle. b. full disclosure principle. c. matching principle. d. revenue recognition principle. 19. Companies that are subject to, but fail to comply with, the Sarbanes-Oxley Act of 2002 a. may do so legally by obtaining an exemption. b. will be automatically dissolved. c. may be subject to fines and officer imprisonment. d. may be forced to sell their foreign subsidiaries. 20. An example of poor internal control is a. The accountant should not have physical custody of the asset nor access to it. b. The custodian of an asset should not maintain or have access to the accounting records. c. One person should be responsible for handling related transactions. d. A salesperson makes the sale, and a different person ships the goods 21. Having one person post entries to accounts receivable subsidiary ledger and a different person post to the Accounts Receivable Control account in the general ledger is an example of a. inadequate internal control. b. duplication of effort. c. external verification. d. segregation of duties. 22. Walker Clothing Store had a balance in the Accounts Receivable account of $780,000 at the beginning of the year and a balance of $820,000 at the end of the year. Net credit sales during the year amounted to $8,000,000. The average collection period of the receivables in terms of days was a. 30 days. b. 365 days. c. 10 days. d. 37 days. 23. Ratios are used as tools in financial analysis a. instead of horizontal and vertical analyses. b. because they may provide information that is not apparent from inspection of the individual components of the ratio. c. because even single ratios by themselves are quite meaningful. . because they are prescribed by GAAP. 24. The information provided in the notes that accompany financial statements is required because of the a. cost principle. b. full disclosure principle. c. matching principle. d. revenue recognition principle. 25. Which of the following is a true statement about closing the books of a corporation? a. Expenses are closed to the Expens e Summary account. b. Only revenues are closed to the Income Summary account. c. Revenues and expenses are closed to the Income Summary account. d. Revenues, expenses, and the dividends account are closed to the Income Summary account.
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