Studying The Ethical Issues In Elearning Sites Information Technology Essay

Studying The Ethical Issues In Elearning Sites Information Technology Essay My topic on this essay is about E-Learning sites the social, professional, and ethical issues in eLearning sites. This topic is a very wide one as there are various eLearning websites like Learn2.com, Blackboard, Intelinfo.com, Worldwildlearn.com, Wannalearn.com, Oasis plus, e.t.c. I will be choosing Oasis plus as my case study because I have use it and Ive seen out it works. First of all, as the world is becoming a global world day by day most University all over the world today revolves around the Internet. This consists of online studying or eLearning services over electronic systems such as the Internet and other means like using the CD-ROM and other electronic means to read instead of printed books. This brought about the name eLearning. The spread of high speed Internet among communities and the proliferation of eLearning among people create both opportunities and challenges for Websites. On one hand, eLearning may reduce many of disadvantages associated with an isolated locati on by decreasing distance, communication, and information cost and increasing access to lower cost suppliers and services. For example Oasis plus, This is an eLearning site which Middlesex university uses, where both student and staffs or lecturers of Middlesex university can access the site from any part of the world either at home or offices at any given time to get latest and updated information regarding their studies and academic status all they needed to access the site is the access to the internet web browser, it is very interactive that student can read or download their lecture slides online as well as getting updated information about their course work, assignment, result status, submission of assignment, online assessment e.t.c from any part of the world with just a click of a mouse and they can as well chat with their fellow students and lecturer online with just a click of a mouse on who is online link to interact and get updated information regarding their lectures or assignments submission e.t.c E-LEARNING Sites: e-Learning sites are sites with strategic means of education, that focuses on technology within an educational institute that is willing to adopt it however it is not only e-learning sites that requires technological innovation it is for business need as well, this is a strategic mode of learning or studying that can be achieved by using electronic delivery methods such as internet-based learning delivery packages, online video conferencing, websites or email to Administer the connections between teacher and students. It can also be any virtual act or procedure that people uses to secure information skills and knowledge via the internet. Advantages of e-learning sites: It decreases travel cost and time since you can access it from any where you are students will have the option to select their learning materials that meets their level of learning and interest Learners or students can study wherever they have access to Internet Flexibility to join discussions in the bulletin board threaded discussion areas at any hour. improvement of computer and Internet skills that are transferable to other facets of learners lives Disadvantages of e-learning sites: Lack of familiar structure and routine Unreliable Internet connections can be frustrating Some courses such as traditional hands-on courses can be difficult to simulate Unmotivated learners or those with poor study habits may fall behind. Ethical, Legal, Social and professional issues on e-Learning sites Ethically issues on e-learning sites: the ethical issues on e-learning sites mostly start from improper usage of this influential resource known as Internet. It is not difficult to cheat on the internet than vis a vis. Students either studying in a university or enroll on an online program can easily acquire fraudulent knowledge or information and use it for their coursework, projects, and Assignments. Therefore it is very important that the software developer for eLearning sites is cautious design and managed with adequate checks and balances to minimize unethical practices by which student can cheat. This ethical issues can be resolved if the e-learning site software developer pay attention to the design of the e-learning site software. Legal issues on e-learning sites: There are various legal issues surrounding the use of e-learning sites in studying which we all need to be aware of, The most difficult (and often overlapping) legal issues are found in the areas of copyright, data protection and licensing. Copyright: There is an understanding of fair use (unless specified otherwise) that allows reasonable use of materials for private study. Making multiple copies of resources without the express permission of the copyright owner, or a copyright statement acknowledging this as a fair use, is not acceptable. Data protection: The website of the Information Commissioners Office (http://www.ico.gov.uk) quotes eight principles of data protection that apply to all those processing and holding personal data. Personal data encompasses both facts and opinions about an individual, and the Data Protection Act applies to any personal information held in a structured filing system. Data must be: fairly and lawfully processed, processed for limited purposes, adequate, relevant and not excessive, accurate, not kept longer than necessary, processed in accordance with the data subjects rights secure, and not transferred to countries without adequate protection. Licensing: The license is the legal statement of how one can use an e-learning sites copyrighted material. In an educational setting, the license will usually state the number of machines a piece of purchased software may be used on. Normally, educational establishments will need a site license, a multi-user license or many copies of single-user licenses. Software and other resources must be used within the terms of the license. Social issues on e-Learning sites: To identify the social issues in development of an e-learning application in an educational institution, I will briefly legalize the introduction of the field of computer ethics as related to social issues. Storage of data: The ease with which data are saved makes the use of surveillance, monitoring and spyware methods really easy from the technical point of view. Unpredictability of identity: Present day vague identities make possible stealing other persons identity, forging of a message, or sending a message anonymously like spam for example. There is an ongoing ethical debate about the pros and cons of anonymity. When faced with social problems, a professional should be able to make rational and well-concluded choice that will extinguish the social factors that tend to repudiate the standards set by the education institution. Professional Issues on e-learning sites Designing e-learning environments for quality professional education is a challenge for education designers, as the continuing practice of simply moving courses online can be surprisingly disabling. We argue that as universities strive to educate for excellence in professional practice, design approaches for the e-learning components must be conceptualized in a broader view of a contemporary learning environment involving integrated virtual and physical dimensions. These are comprehensively considered in an integrated way to facilitate learning experiences providing an emphasis on grounded practice. The design of our interface and authoring system is influenced in part by the structure of the e-Learning content. Recommendation or things that should be put in mind when developing e-learning sites: I want to sketch out some best practices strategies for the eLearning. These strategies are not new. Most of these strategies are being used in some form in many colleges and universities it is use on oasis plus as well, I have compiled a list of what strategies can be implemented within the framework of given software. I myself have pass through some of this strategies when written my online assessment on Oasis plus. The following ways are means to tackle the issues of cheating, plagiarism, and copyright violation within the framework of an eLearning software like oasis plus. They can help to reduce or preventing the issue of cheating, plagiarism and copyright violations. Make online test available for just few days or a day that it would be taken Limit the time on the test Once chosen answer should not be revisit again Set deferent questions for each student to avoid leakage of answers Make student participate in an online discussion group Give a short quiz during online session Students should be requested to turn their project in for plagiarism check Conclusion: E-Learning site software content and Internet applications have change mode of teaching and learning and have also make new issues around ethics and accountability. The extremity consequence of the eLearning sites has made both advocates and detractors. Some experts say that the successful utilization of eLearning programs appears to hinge primarily on the trust and honesty of the targeted remote learners. But while creating engaging software, program or content, the honesty and integrity of the students is not necessarily a major consideration. Therefore like in any university traditional programs, the accuracy, right components, controls, activities and evaluation techniques have also become critical issues for eLearning sites. Therefore besides focusing on the look and fill of the e-learning site, close attention should be paid to the design, quality of content, delivery practices and management of eLearning sites.

College degree Essay

The quest for college degree has brought us to here HCC, because there was no real fulfillment in our various jobs. The benefits from having a college education are manifold and range from jobs satisfaction, higher earning potential, and healthier life style choices. With the advances in technology, many of today’s jobs now require more than a high school education or trade skills. Success in the workforce is increasingly defined by the ability to think critically, manipulate a computer, and to work collaboratively in a teaming environment. Today’s college education develops these abilities, providing individuals with invaluable business and personal skills and knowledge, as well as opening the door to better career opportunities and increased earning power. Having a college degree is linked to higher pay. People with a higher level of education are more satisfied in their jobs than people who only have a high school diploma. For example, in 2012 the median of earnings for young adults with a bachelor’s degree was $46,900, while the median was $22,900 for those without a high school credential and $30,000 for those with a high school credential. In other words, young adults with a bachelor’s degree earned more than twice as much as those without a high school credential (105 percent more) and 57 percent more than young adult high school completers. (National Center for Education Statistics website). One of the biggest arguments against a college education is not being able to go work when you turn eighteen. Many people believe that this will cause them to fall behind and not be able save up enough money. A college education will let you â€Å"skip the line† and start working with better jobs, in better places, with better conditions, and on top of that, the unemployment rates for high school graduates have increased to 8. 1% in the last year (â€Å"Value of a Degree†). The bottom line is that better jobs come from a better education. College education will help in making good choice and have a healthier life style. Apparently those with a college education are more likely to live healthier lifestyles, with fewer incidences of smoking and obesity. The gap between smoking rates of those with high school diplomas and those with four-year degrees has risen from 2 percentage points in 1962 to 17 points in 2012. College-educated adults of all ages, and their children, are also less likely to be obese. In addition, mothers with higher levels of education spend more time with their children, regardless of whether they are employed or not (â€Å"Top Universities†). Also in the other hand, according to Malcom X â€Å"Education is the passport to the future, for tomorrow belongs to those who prepare for it today. † The Luck of education is a serious problem today. Some effects include illiteracy and increased drop rate, this is also leads to have a trouble finding work. It is difficult to see the exact value of your education in the beginning. However, finishing high school is an asset that everyone with the opportunity should take full advantage of. Just finishing high school opens up some doors, but not many. On the contrary, not going to school can result in higher unemployment and therefore a means for extra burden on the society. You can see from the chart that there is a dramatic difference between what a person will be paid with a diploma and as a college graduate. According to the chart a college graduate can bring home nearly fifty-percent more than a person with a high school diploma. Higher education opens up opportunities for people. It gives student the experience and the confidence that they will be able to use in many life situations. Attending college gives students opportunities to express themselves and to learn about other people and their ideas. Although college isn’t for everyone, everyone should at least give it a try. By going to college you learn to become independent, you go into the race for bigger, safer, better jobs, and you make more money on the other side. If you are given the opportunity to go to college, you should take advantage of it. You might even find out that you like it. The college experience is both academic and practical. College gives us a great opportunity to grow intellectually and gives us a chance to mature.

Political Parties Of The United States The Democratic...

There are two main political parties that dominate politics in the in the United States: The Democratic and Republic Parties. It turns out that these two political parties are opposed to each other on a wide range of issues that affect American public life. Unfortunately, many Americans are unaware of these differences between the two parties and tend to vote their officials into office in an uneducated manner. This often results in the political gridlock that often characterize government business in Washington. The Republican and Democratic Party don t have much in common but they do have a a lot of things that they oppose from each other. Some issues that both parties have in common support the death penalty. But on issues like abortion Democrats think that should be made legal while Republicans think that it should be illegal. In this essay, I shall examine the ideological positions of either party on a number of these issues in order to define my own allegiance towards either of them. The government has control over taxes, government spending, and public policies. There are two types of fiscal policies, expansionary and contractionary, which can increase or decrease taxes and government spending. The Republican Party on the issue is that our citizens should not have the power to address changes in the government. The Republican Party should set taxes at a fixed price as well. This policy, along with a Flat tax system, could mean that the upper-class citizens wouldShow MoreRelatedPolitical Parties And Its Impact On Society1191 Words   |  5 Pages In the twenty-first century, political parties are a very important aspect of our society. After recently wrapping up a presidential election, we see how greatly elected officials impact our everyday lives. Civilization has truly evolved since the beginning of the political parties in the 1600’s started by the Ancient Greeks. During that time, two groups who are known as the Patricians and the Plebeians made many of the decisions for the Greek society. The Patricians were made up of the NobelRead MoreThe Importance of External Influences in Building a Democracy1315 Words   |  6 Pagescircumstances that have been important in the past for building a democracy for current democratic regimes. Pinkney studies seven comparatives and their theories for the cause and effect of democracy and identifies their pros and cons. The most important of these conditions stands in the external influences and foreign participation in building the state as a democracy of a non-democratic country. In his â€Å"Conditions Conducive to Democracy† chart Pinkney introduces theRead MoreThe Political System Of Portugal Essay1604 Words   |  7 PagesPortugal is a country that has a political system similar to several countries that have been discussed in class. The current political system is a semi-presidential democracy with an symmetrical legislature, and it is a unitary government. There are different branches and chambers with different powers that attempts to keep a balance of powers among the different branches. The current political system is the result of many revolutions and evolutions the country went through over time. Around theRead MoreGaullism1002 Words   |  5 Pageschallenged and removed. (March 2008) | Charles de Gaulle, in his generals uniform Gaullism (French: Gaullisme) is a French political ideology based on the thought and action of Resistance leader then president Charles de Gaulle. Contents * 1 Doctrine * 1.1 Foreign policy * 1.2 Domestic policies * 2 Political group * 3 Germany * 4 Gaullist political parties * 5 References * 6 See also | Doctrine Foreign policy The main theme of de Gaulles foreign policy was national independenceRead MoreEssay On Running For Texas Senate1117 Words   |  5 Pages2306-71001 Professor Sherry Sherifian 28 September 2017 Running for Texas Senate The government of Texas is composed of entire democratic state government. 1 They have different platform of political parties as Democratic party and Republic party. 2 Texas Senate is the upper house of Texas state legislature whereas Texas house is the lower house of Texas state legislature. Texas State consists of 31 members and 150 members in Texas house of representatives. I am currently living in Irving, in which theRead MoreAnalysis Of James Madison s Federalist 847 Words   |  4 Pagesessays were written to dispute the authorization of the United States Constitution. In Federalist number 10 Madison recognized that there was many different factions. He says that the republican government that is put together by the new Constitution will allow all factions to express themselves and influence their workings of the government by getting all their members elected and appointed to offices. Madison also indicates that a democratic kind of government using the ideal of majority rule willRead MoreThe Transcontinental Caucus Zone1425 Words   |  6 Pagesto reach its economic potential due to political and social turmoil. Russia, Georgia, and Azerbaijan are of particular interest due to the nature of their territorial size and political influence in the Caucus region. The political and social stability of Russia, Georgia, and Azerbaijan are an essential part in determining the future of the Caucuses. Each country’s style of government will be addressed, as well how that government developed to its current state. Additionally, an examination of theR ead MoreGermany, And The Federal Republic Of Germany1424 Words   |  6 PagesFederal Republic of Germany, was officially founded 1871 by Otto von Bismarck. Since then, Germany has had a rich history. As a young nation looking to get more territory, Germany fought in World War I. However, its loss in the war led to severe punishments in the Treaty of Versailles, leading to bitterness and resentment among the German people, as well as an economic depression. These harsh conditions helped to set the stage for Fascism in Germany. Toppling the Weimar Republic, the Nazi party (theRead MoreHistory Of The Czech Republic1611 Words   |  7 PagesThe Czech Republic or Czechia in its current form is a relatively young country. Located in Central Europe, it borders Germany, Poland, Austria, and Slovakia. Czechia is a developed nation that joined NATO in 1999 and the EU in 2004. Like other EU Nations, it uses a parliamentary system. This essay will be exploring the history, the institutions t hat govern the country and, how these institutions work. As well as the economy, the relationship with the EU, and the current political issues challengingRead MoreThe Democratic Party And The Republican Party1238 Words   |  5 Pages Two political parties have dominated the United States: the Democratic Party and the Republican Party. The term â€Å"Third party† is used in the United States to describe any political party besides the well-known Republican and Democratic parties. Examples of third parties include the Libertarian Party, The Green Party, and the Constitutional Party. Unfortunately, these third parties have a hard time gaining political representation at the federal level. The historic route Democrats and Republicans

Hitlers Abolishment of Relationships - 792 Words

In 1939 September 1st, a man with ambition set out to achieve his goal, the total control over the European continent, which many of the previous rulers had failed to accomplish. Adolf Hitler, the man with such ambition, committed the worst genocide ever known to humankind with the support of his fellow Nazi party of Germany. This forced six million Jews to work in concentration camps. They were constantly humiliated, tortured, and murdered by various inhumane methods. Such actions eventually succeeded in wiping out one-third of the Jewish population in Europe. The book The concentration camps not only physically and psychologically damaged the people, it tore apart many different relationships that were initially solid, resulting in the loss of faith in humanity. During their enslavement at the concentration camps, the Jewish fundamental belief of benevolence and preeminence are shredded to pieces. Jewish people lived in small, packed communities prior to the war, with their religion deeply rooted in. Their devoted faith has its base on the idea that the world revolves around the God. They believe the world, therefore, must good because God’s divinity reaches on every aspect of their lives. However, the Jews’ faith in the goodness of God is irreparably shaken due to the horrors witnessed in the concentration camps. In the story, the Jews’ faith in God started to waver at the sight of giant smokes rising from the smoke stacks of the Birkenau concentration camp. The sightShow MoreRelatedGermany s Foreign Policy During World War II1981 Words   |  8 PagesGermany’s aggressive foreign policy largely contributed to the outbreak of World War II. Revisionist and orthodox views regarding Hitler’s foreign policies can both be argued. The orthodox view suggests Hitler’s actions were the main contributors to the outbreak of war, whereas the revisionist view counterclaims the policy of appeasement, and foreign policies of Japan and Italy were primary contributors. Adolf Hitler, Chancellor of Germany from 1933 to 1945, assumed responsibility for German foreignRead MoreThe War Of World War II1638 Words   |  7 Pagesof the First World War that had ended in 1918. Some others believe that World War II started in 1931 when Japan seized Manchuria from China. (China after WWII). Others believe that Italy’s invasion and defeat of Abyssinia (Ethiopia) in 1935, Adolf Hitler’s re-militarization of Germany’s Rhineland in 1936, the Spanish Civil War (1936–1939), and Germany’s occupation of Czechoslovakia in 1938 are also reasons that World War II started. However, the two dates most often mentioned as the beginning of

A Dolls House by Henrik Ibsen - 1725 Words

In the late 19th century, the feminist movement was beginning to take shape. Issues that fall under the feminist movement include reproductive rights, domestic violence, maternity leave, equal pay, womens suffrage, sexual harassment, and sexual violence (Donovon 85). To begin with, feminists were concerned with the social barriers that limited their rights such as being seen as less than a man, uneducated, or only to be a housewife. As the movement built more support, it began taking a political form. This first wave of the feminist movement, also known as women’s suffrage, took place from 1848-1920. In the drama A Doll’s House by Henrik Ibsen, readers are presented with what seems to be the perfect little American dream home. Anti-feminist values are presented immediately in the first scenes of the play and carry out until the end. The play was written in 1879, a time when the feminist movement was just starting to take shape and become well known. The drama A Dollâ₠¬â„¢s House has feminist themes that indicate Henrik Ibsen to be a supporter of the feminist movement through clear examples of misogyny, symbolism, and characterization. Ibsen’s A Doll’s House begins with the first scene portraying a conversation between husband and wife, Helmer and protagonist, Nora. The conversation is playful and seems to be one that is reoccurring in their relationship. The very first scene is where feministic themes begin to become apparent, specifically misogyny. The role of the man and theShow MoreRelatedDoll’s House by Henrik Ibsen1126 Words   |  4 PagesHenrik Ibsen wrote the book, Doll’s House, in the late 1870s about the life of the common woman in Norway during the 1870s. The book gave society an inside of look of the life women in general. Woman during this time were oppressed and men were contemptuous towards women. Women that opposed their husband were considered mentally insane and sent to a mental institution. The bo ok is about a domesticated woman named Nora. Nora lives in a house with her husband and their three kids. Nora main job toRead MoreA Dolls House by Henrik Ibsen1492 Words   |  6 PagesA Doll’s House by Henrik Ibsen was written in 1879 during the Victorian Era. The story is written as a play to be performed on stage. The two main characters Nora and Torvald Helmer are upper middle class husband and wife, but it boils down to social expectations. Conflicts arise when women are under their husbands rule for everything and society pressure to keep up appearances. Torvald Helmer is the antagonist to Nora, his wife, because he is mostly concerned about his reputation, he is the supremeRead MoreA Dolls House, by Henrik Ibsen1539 Words   |  7 PagesThe themes of â€Å"objecthood† and â€Å"feminine liberation† in Henrik Ibsen’s A Doll’s House as conveyed through the characterization of Torvald and Nora, diction, stage directions and structure in two integral scenes. Henrik Ibsen’s A Doll’s House conveys the story of a wife’s struggle to break away from the social norms of late nineteenth century middle class Europe. Throughout the play, Ibsen focuses on Nora’s characterization and experiences and thus this leads the reader to perceive her as the protagonistRead MoreA Dolls House by Henrik Ibsen1556 Words   |  7 Pagesprevalent in a variety of literary selections. This paper will focus on animal imagery in Henrik Ibsens A Dolls House by using the reader response strategy. In the play A Dolls House by Henrik Ibsen, animal imagery is used in the development of the main character Nora. It is also later found that the animal imagery is a critical part in understanding who Nora is and how other characters perceive her. Ibsen uses creative animal imagery to develop Noras character throughout the play. The animalRead MoreA Dolls House by Henrik Ibsen1829 Words   |  7 Pages Henrik Ibsen, writer of his most famed play A Doll’s House. Ibsen emphasizes on small-town life in this play. A Doll’s House takes place in the 1880s in Europe/Norway and based on a married couple, Torvald Nora, who are considered to be middle class. The main character Nora in Ibsen’s play, A Doll’s House, seems to give this false installment of her identity. She is both unpredictable and childlike. The entire first and second act she spends giving this hidden subtext that she is unreliableRead MoreA Dolls House by Henrik Ibsen868 Words   |  3 Pagesmoney is considered to hold the most power. In the case of the household, the person who holds the most power is the person who handles the money, and in our man-centric world, it is usually the man who holds both money and power. In Henrik Ibsens play A Doll’s House, the theme of money is used to establish power roles between the characters of the play, and how the theme contributes to typical gender roles in the 19th century. A womans duty in the 19th century was to exhibit â€Å"piety, purity, submissivenessRead MoreA Doll’s House by Henrik Ibsen Essay961 Words   |  4 PagesIn Henrik Ibsen’s play A Doll’s House, pointedly captures the reality of the Victorian Era within the play. Nora Helmer, the protagonist of the story, represents the typical women in society during that era. The audience’s first impression of Nora is a money obsessed, childish, obedient house wife to her husband, Torvald Helmer. However, as the play progresses one can see that Nora is far from being that typical ideal trophy wife, she is an impulsive liar who goes against society’s norm to be whomRead More A Dolls House by Henrik Ibsen Essay842 Words   |  4 PagesA Dolls House by Henrik Ibsen â€Å"A dolls house† was written by Henrik Ibsen and produced by famous actors during the time of the 1800’s; in fact it was the year of 1879 to be precise. It was around this time that many different Social, cultural and historical moments were changing through time, leaving the end result to change not only one country but had an effect on most of the world. For this section of the work I will be carefully discussing with you the issues of; * Social events Read More A Doll’s House by Henrik Ibsen Essay1111 Words   |  5 PagesA Doll’s House by Henrik Ibsen The play â€Å"A Doll’s House† by Henrik Ibsen is about a wife that is hiding a big secret from her overprotective husband. The play takes place on Christmas Eve till the day after Christmas. Nora Helmer and Torvald Helmer have been married for 8 years, yet Nora is hiding something from Torvald that she thinks would ruin everything if he found out. It opens up with Nora coming home and decorating the house for Christmas and making preparations. They have 3 children:Read MoreA Dolls House by Henrik Ibsen834 Words   |  3 PagesMr. Krogstad, a former employee of Torvald is the leading antagonist in A Doll House. He clearly has an agenda and a lust for power. Krogstad’s lust for power gives the reader a sense of subtle rage because Krogstad only wants what’s best for him and his family but he exploits Nora for his own gain. Krogstad advances the plot by controlling Nora through a loan, while illuminating both main characters, and reinforcing the themes of confusion and lost love. Krogstad influences the plot in a very

Study Notes Free Essays

E7-2 (Determine Cash Balance) Presented below are a number of independent situations. Instructions For each individual situation, determine the amount that should be reported as cash. If the item(s) is not reported as cash, explain the rationale. We will write a custom essay sample on Study Notes or any similar topic only for you Order Now 1. Checking account balance $925,000; certificate of deposit $1,400,000; cash advance to subsidiary of $980,000; utility deposit paid to gas company $180. 2. Checking account balance $600,000; an overdraft in special checking account at same bank as normal checking account of $17,000; cash held in a bond sinking fund $200,000; petty cash fund $300; coins and currency on hand $1,350. 3. Checking account balance $590,000; postdated check from customer $11,000; cash restricted due to maintaining compensating balance requirement of $100,000; certified check from customer $9,800; postage stamps on hand $620. 4. Checking account balance at bank $37,000; money market balance at mutual fund (has checking privileges) $48,000; NSF check received from customer $800. 5. Checking account balance $700,000; cash restricted for future plant expansion $500,000; short-term Treasury bills $180,000; cash advance received from customer $900 (not included in checking account balance); cash advance of $7,000 to company executive, payable on demand; refundable deposit of $26,000 paid to federal government to guarantee performance on construction contract. . Cash balance of $925,000. Only the checking account balance should be reported as cash. The certificates of deposit of $1,400,000 should be reported as a temporary investment, the cash advance to subsidiary of $980,000 should be reported as a receivable, and the utility deposit of $180 should be identified as a receivable from the gas company. 2. Cash balance is $584,650 computed as follows: Checking account balance |$600,000 | | Overdraft |(17,000) | | P etty cash |300 | | Coin and currency | 1,350 | | |$584,650 | Cash held in a bond sinking fund is restricted. Assuming that the bonds are noncurrent, the restricted cash is also reported as noncurrent. 3. Cash balance is $599,800 computed as follows: | Checking account balance |$590,000 | | Certified check from customer | 9,800 | | |$599,800 | The postdated check of $11,000 should be reported as a receivable. Cash restricted due to compensating balance should be described in a note indicating the type of arrangement and amount. Postage stamps on hand are reported as part of office supplies inventory or prepaid expenses. 4. Cash balance is $85,000 computed as follows: Checking account balance |$37,000 | | Money market mutual fund | 48,000 | | |$85,000 | The NSF check received from customer should be reported as a receivable. 5. Cash balance is $700,900 computed as follows: Checking account balance |$700,000 | | Cash advance received from customer | 900 | | |$700,900 | Cash restricted for future plant expansion of $500,000 should be reported as a noncurrent asset. Short-term treasury bills of $180,000 should be reported as a temporary investment. Cash advance received from customer of $900 should also be reported as a liability; cash advance of $7,000 to company executive should be reported as a receivable; refundable deposit of $26,000 paid to federal government should be reported as a receivable. 13. FIFO, weighted average, and LIFO methods are often used instead of specific identification for inventory valuation purposes. Compare these methods with the specific identification method, discussing the theoretical propriety of each method in the determination of income and asset valuation. The first-in, first-out method approximates the specific identification method when the physical flow of goods is on a FIFO basis. When the goods are subject to spoilage or deterioration, FIFO is particularly appropriate. In comparison to the specific identification method, an attractive as-pect of FIFO is the elimination of the danger of artificial determination of income by the selection of advantageously priced items to be sold. The basic assumption is that costs should be charged in the order in which they are incurred. As a result the inventories are stated at the latest costs. Where the inventory is consumed and valued in the FIFO manner, there is no accounting recognition of unrealized gain or loss. A criticism of the FIFO method is that it maximizes the effects of price fluctuations upon reported income because current revenue is matched with the oldest costs which are probably least similar to current replacement costs. On the other hand, this method produces a balance sheet value for the asset close to current replacement costs. It is claimed that FIFO is deceptive when used in a period of rising prices because the reported income is not fully available since a part of it must be used to replace inventory at higher cost. The results achieved by the weighted average method resemble those of the specific identi-fication method where items are chosen at random or there is a rapid inventory turnover. Com-pared with the specific identification method, the weighted average method has the advantage that the goods need not be individually identified; therefore accounting is not so costly and the method can be applied to fungible goods. The weighted average method is also appropriate when there is no marked trend in price changes. In opposition it is argued that the method is illogical. Since it assumes that all sales are made proportionally from all purchases and that inventories will always include units from the first purchases, it is argued that the method is illogical because it is contrary to the chronological flow of goods. In addition, in periods of price changes there is a lag between current costs and costs assigned to income or to the valuation of inventories. If it is assumed that actual cost is the appropriate method of valuing inventories, last-in, first-out is not theoretically correct. In general, LIFO is directly adverse to the specific identification method because the goods are not valued in accordance with their usual physical flow. An exception is the application of LIFO to piled coal or ores which are more or less consumed in a LIFO manner. Proponents argue that LIFO provides a better matching of current costs and revenues. During periods of sharp price movements, LIFO has a stabilizing effect upon reported income figures because it eliminates paper income and losses on inventory and smooths the impact of income taxes. LIFO opponents object to the method principally because the inventory valuation reported in the balance sheet could be seriously misleading. The profit figures can be artificially influenced by management through contracting or expanding inventory quantities. Temporary in-voluntary depletion of LIFO inventories would distort current income by the previously unrecognized price gains or losses applicable to the inventory reduction. E8-14 (FIFO, LIFO and Average Cost Determination) John Adams Company’s record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 600@ $6. 00 April 3 500 @ $10. 0040 41,500 @ 6. 08 9 1,400 @ 10. 00 8 800 @ 6. 40 11600 @ 11. 00 131,200 @ 6. 50 231,200 @ 11. 00 21 700 @ 6. 60 27 900 @ 12. 0 29 500 @ 6. 79 4,600 5,300 (a) Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using (1) LIFO and (2) average cost. (b) Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (c) Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (d) In an inflationary period, which inventory method—FIFO, LIFO, average cost—wi ll show the highest net income? How to cite Study Notes, Papers

Employee Relations free essay sample

All are dependent on policies being adopted that favour positive employee-employer relations. Employee relations play a vital role in the running of an organisation, as they possess the ability to determine the direction in which relationships will head. The workplace is a complex system that is prone to sudden changes of an industrial or economic nature, of which manoeuvring around it depends on the transparency and stability of employer-employee relations. Collings (2008) describes employee relations as the store house of an organisation’s job regulation. This translates to regulating the relationships in an organisation in order to keep things at a standard level and consequently knowing what to do with the repercussions if any employee relations are infringed upon. It then follows that employees and any other stakeholder in the organisation need to be informed of the rights, regulations and protocols involved with the organisation (Collings, 2008). Snape amp; Redman (2008) state that employee relations climate is termed via norms, attitudes and behaviours in the work environment, and are governed by procedural justice, service and leadership climate. We will write a custom essay sample on Employee Relations or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Evidently the climate in the workplace signpost the order of interaction and subsequently its outcomes with regards to employee relations, as a certain standard is sought to be upheld. Employee relations serve as a benchmark within the organisation for all parties involved; establishing the modus operandi and staying within its guidelines, lest one ends up in contravention of the policies put into place. These policies are often concerned with the enhancement of productivity through providing a platform for harmonious work relationships. This essay will set out to prove that employee relations are not only vital for the optimum performance and efficiency of an organisation, but has also proved to be effective in doing so. Employee Relations Role Employee relations were established for organisations to function efficiently and limit conflict in the workplace. They also provide a benchmark for members of the organisation to know what they must do in order to achieve the aforementioned functions. Employee relations also act as a buffer towards any legal action that may be taken against the organisation. Wilkinson (1999) recognises that intimate environments allow for a greater pooling of human resources through face to face communication, involvement and flexibility.