...cognition that is affected with effects on day-to-day operations and meets the DSM-IV-TR criterion. The most general type of dementia is described by a drop in the cortical features of cognition and a subsequent characteristic time course of continuing onset as well as development. On the other hand, Alzheimer disease is described as a certain kind of degenerative brain illness characterized by senile plaques, progressive neuronal loss, neuritic tangles and the possible effects of AD. Consequently, this business proposal will highlight on the mission statement along with the objective of my business plan concerning the evidence-based intervention in the late stage of Alzheimer. Mission statement Our mission statement will be to provide evidence-based intervention to improve outcome in the late stage of Alzheimer. This may, in turn, have an impact on the well-being of the people providing the care. Since this is a position statement concerning the evidence-based intervention to improve outcome in the late stage of Alzheimer, it is assumed that proper diagnostic verification of Alzheimer will be undertaken before its treatment is conducted. Other options * To enhance the growth of treatments that would prevent, stop as well as overturn the course of Alzheimer disease at its last stage. * To develop early diagnostic along with the management of care and treatment regarding Alzheimer...
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...An objective moral statement is a statement that has a definite truth-value; they are not subjective, even if you are not aware of whether or not a statement is true or false the fact of the matter is it is either one or the other. This is a cognitivist view, although there are many branches of cognitivism they all have one thing in common, they believe that moral statements express a genuine belief. Moral Realism is a cognitivist theory, they believe that all moral statements have a truth value and there are moral facts which determine that truth-value. Moral Realism is not to be confused with Universalism (the theory that there are absolute values) because a moral realist does not believe that a particular moral judgement has to apply to all situations. For example one could say objectively ‘abortion is wrong’ but in certain situations it is morally acceptable or right. So abortion could be viewed as wrong after a careless pregnancy where a man and woman do not use protection to prevent it, but still be viewed as an acceptable option for a rape victim who becomes pregnant. A moral realist would argue that this was a moral fact. However an opposing view to moral realism is the non-cognitivist view, Emotivism. Emotivists believe that when you are expressing a moral statement you are merely expressing an emotional response, this is different to expressing an emotional opinion. An opinion can either be true or false whereas an expression of emotion cannot be. For example, if I...
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...Definition of Goals and Objectives: Goals and Objectives Goals and objectives are statements that describe what your Vision Document will accomplish, or the results that will be achieve. Goals are high level statements that provide overall context for what the Vision Document is trying to achieve, and should align to its components. Objectives are lower level statements that describe the specific, tangible products, deliverables and fruits that will be delivered. The definition of goals and objectives is more of an art than a science, and it can be difficult to define them and align them correctly. Goals Because the goal is at a high-level, it may take more than one objective to achieve. It may take many objectives over a long period of time to achieve the goal. Generally, non-measurable: If you can measure the achievement of your goal, it is probably at too low a level and is probably more of an objective. If your goal is not achievable through any combination of objectives, it is probably written at too high a level. It may instead be a vision statement, which is a higher level statement showing direction and aspiration, but which may never actually be achieved. Objectives Objectives are concrete statements describing what the project is trying to achieve. The objective should be written at a lower level, so that it can be evaluated at the conclusion of a goal to see whether it was achieved or not. Goal statements are designed to be vague. Objectives should not be vague...
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...received little political interference. True False | 6. | The Public Reform and Investor Protection Act of 2002 (Sarbanes-Oxley) changed the entity responsible for setting auditing standards in the United States. True False | 7. | A rules-based approach to standard setting stresses professional judgment as opposed to following a list of rules. True False | 8. | Under federal securities laws, the SEC has the authority to set accounting standards in the United States. True False | 9. | The primary responsibility for properly applying GAAP when communicating with investors and creditors through financial statements lies with a firm's auditors. True False | 10. | Auditors play an important role in the resource allocation process by adding credibility to financial statements. True False | 11. | The purpose of the conceptual framework is to provide a structure and framework for a consistent set of GAAP. True False | 12. | In the United States the...
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...Chapter 14 Accounting and Financial Statements True / False Questions 1. (p. 425) Only large businesses use the financial information compiled by accountants. FALSE AACSB: Reflective Thinking Bloom's Taxonomy: Knowledge Difficulty: Easy Learning Objective: 1 2. (p. 425) Accounting is the recording, measurement, and interpretation of financial information. TRUE AACSB: Reflective Thinking Bloom's Taxonomy: Knowledge Difficulty: Easy Learning Objective: 1 3. (p. 425) Only business organizations use accounting information to demonstrate how their funds are being used. FALSE AACSB: Reflective Thinking Bloom's Taxonomy: Knowledge Difficulty: Easy Learning Objective: 1 4. (p. 427) The terms accounting and bookkeeping are interchangeable because they mean almost the same thing. FALSE AACSB: Reflective Thinking Bloom's Taxonomy: Knowledge Difficulty: Medium Learning Objective: 1 5. (p. 427) Bookkeeping is only one aspect of accounting and involves the recording of routine, day-to-day business transactions. TRUE AACSB: Reflective Thinking Bloom's Taxonomy: Knowledge Difficulty: Easy Learning Objective: 1 6. (p. 429) Governments are immune from accounting scandals FALSE AACSB: Reflective Thinking Bloom's Taxonomy: Knowledge Difficulty: Easy Learning Objective: 1 Multiple Choice Questions 7. (p. 425) Accountants compile financial information to A. give to competitors. B....
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...Chapter 01 Introduction to Accounting and Financial Reporting for Governmental and Not-for-Profit Entities True / False Questions 1. Special purpose governments generally provide a wider range of services to their residents than do general purpose governments. True False 2. Examples of general purpose governments include cities, towns, and public schools that receive tax revenue to finance the services they provide. True False 3. The Governmental Accounting Standards Board (GASB) is the body authorized to establish accounting principles for all state and local governments, both general purpose and special purpose. True False 4. The Governmental Accounting Standards Board (GASB) is the body authorized to establish accounting principles for all government entities. True False 5. The Financial Accounting Standards Board (FASB) is the body authorized to establish accounting principles for all colleges and universities and health care entities. True False 6. Neither governmental nor not-for-profit entities have residual equity that can be distributed to owners. True False 7. A characteristic common to governmental and not-for-profit organizations is that they do not exist to provide goods or services at a profit or profit equivalent. True False 8. The needs of users of government financial reports are the same as those of users of business entity financial reports. True False 9. The Federal...
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...Assignment 1: Crafting and Executing Strategy BUS 599 – Strategic Management Strayer University October 20, 2013 Table of Contents Introduction 3 Mission Statement 3 Vision Statement 4 Key Objectives 5 Conclusion 5 Reference 6 Introduction The business world today is a complex network of companies who have similar goals and objectives in mind, primarily to make money for its owners and shareholders. In order to accomplish this, management is required to use various tools at their disposal, such as a mission statement, a vision statement, and strategies that provide the organization with direction as well as purpose. The aim of this paper is to discuss each of these tools and explain how a company can utilize them to establish a foothold in their perspective markets. For this exercise, the company that will be used will be the fictional company, Ross Technologies, which provides IT services to other businesses. This paper will present a mission statement, a vision statement, and key objectives for the company to follow to help ensure success. Ross Technologies is a company that offers high level IT services and provides its customers with services ranging from network implementation to developing and executing technical strategies to help them along in their prospective markets. It has been in operations for more than ten years and has a unique organizational culture. The company is traded on the New York Stock Exchange and employees 500 people....
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...outside-of-the-box thinking. Strategic planning describes where you want your company to go, not necessarily how you're going to get there. However, like all other travel plans, without knowing where you want to go, creating details on how to arrive are meaningless. Strategic planning defines the "where" that your company is heading. Often confused with business operation plans, strategic plans are expressions of ownership dreams and visions of successful results (Pirraglia, 2012). The strategic plan displays the finished product or goal. Usually, in smaller businesses, strategic planning is focused on the overall company, not on a department or division (pirraglia, 2012). Envisioning goals and then defining strategies you'll embrace to achieve your objectives is the essence of strategic planning. Easy to overlook in a smaller business, strategic thinking identifies the methods you will take to reach your goals. For example, if you believe you must expand your e-commerce function to achieve increased sales volume, you've also identified the method to use your strategy and reach company goals. Save the specific steps and components for your business plan. By selecting the strategy, you have defined the method to employ in your detailed specifications in your business plan. As critical as business planning is to the success of your company, all plans are useless unless followed by action. An additional side benefit of strategic planning is the natural action plan that stems from identifying your...
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...goals. This leads organizations towards developing strategic plans. Vision and mission statements are the cornerstone of a successful strategic plan. An organization vision statement may describe desirable and possible future state or long term aims of a company and is also a backdrop of a purpose and company’s strategy, itaffects key priorities and behavioral standards in a company(Dermol, 2012). Vision is viewed as a mental picture of a compelling future situation. It originates from creative imagination, the act or power of perceiving imaginative mental images, sort of foresightedness (Joachim, 2010). A clear and realistic vision will lead organizations towards success; it is the basis for right strategies and key priorities.The vision statement is an institution’s clear description of what it intends to become within a certain timeframe. The vision statement defines the institution’s strategic position in the future and the specific elements of that position with relationship to the mission statement, vision statements benefit the planning process by providing everyone in the institution with the same vision of the future. (Hinton, 2012) In the other hand, mission statement represents a more specific description of what an organization is seeking to achieve and how it will achieve. It also represents the organization's internal and external values. Developing a clear mission statement is a very important part in strategic planning.The mission should emphasize the main...
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...Services, 14e (Arens) Chapter 1 The Demand for Audit and Other Assurance Services Learning Objective 1-1 1) The Sarbanes-Oxley Act applies to which of the following companies? A) All companies. B) Privately held companies. C) Public companies. D) All public companies and privately held companies with assets greater than $500 million. Answer Terms: Sarbanes-Oxley Act Diff: Easy Objective: LO 1-1 AACSB: Reflective thinking skills Topic: SOX 2) Which of the following is considered audit evidence? A) Oral statements Written Auditor made by management Communications Observation Y N N B) Oral statements made by management N C) Oral statements made by management Y Written Communications Y Auditor Observation Y Written Communications Y Auditor Observation Y D) Oral statements made by management N Answer Terms: Audit evidence Diff: Moderate Objective: LO 1-1 AACSB: Reflective thinking skills Written Communications N Auditor Observation Y 3) Evidence is paramount to audit and attestation engagements. List the four basic types of audit evidence. 4) The criteria by which an auditor evaluates the information under audit may vary with the information being audited. A) True B) False Terms: Criteria which an auditor evaluates information Diff: Easy Objective: LO 1-1 AACSB: Reflective thinking skills 5) The criteria used by an external auditor to evaluate published financial statements are known as generally accepted auditing standards. A) True B) False Answer Terms: Criteria...
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...Chapter 01 An Introduction to Assurance and Financial Statement Auditing True / False Questions 1. | Independence standards are required for audits of public companies, but not for audits of private companies. True False | 2. | Decision makers demand reliable information that is provided by accountants. True False | 3. | Information asymmetry seldom occurs. True False | 4. | Conflicts of interest often occur between absentee owners and managers. True False | 5. | Auditing services and attestation services are the same. True False | 6. | Auditing is a type of attest service. True False | 7. | Testing all transactions that occurred during the period is cost prohibitive. True False | Multiple Choice Questions 8. | Why do auditors generally use a sampling approach to evidence gathering? A. | Auditors are experts and do not need to look at much to know whether the financial statements are correct or not. | B. | Auditors must balance the cost of the audit with the need for precision. | C. | Auditors must limit their exposure to their auditee to maintain independence. | D. | The auditor's relationship with the auditee is generally adversarial, so the auditor will not have access to all of the financial information of the company. | | 9. | Which of the following statements best describes a relationship between sample size and other elements of auditing? A. | If materiality increases, so will...
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...to sell their shares at any time to another person without having to obtain permission from the other members. b. Members are liable for only a limited amount of the company’s debts. c. A company has a legal existence distinct from its owners. *d. A company is only entitled to raise small amounts of cash by issuing shares. Correct answer: d Learning Objective 1.1 ~ summarise the nature and attributes of a company 2. In Australia, the Corporations Act 2001 is administered by the: a. Australian Securities Exchange. b. Australian Accounting Research Foundation. *c. Australian Securities and Investments Commission. d. Securities and Exchange Commission. Correct answer: c Learning Objective 1.1 ~ summarise the nature and attributes of a company 3. The two main types of companies permitted to be registered under the Corporations Act 2001 are a: a. private company, and a proprietary company. b. public company, and a trade union. *c. proprietary company, and a public company. d. proprietary company, and a partnership. Correct answer: c Learning Objective 1.2 ~ discuss the different types of companies which may be formed under the Corporations Act 2001 4. According to the Corporations Act 2001, a small proprietary company is one which satisfies at least two of the following tests: it must have consolidated revenue of less than $25 million, consolidated gross assets of less than $12.5...
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...Topic 1: Business Organisation and Environment 1.3 Organisational Objectives • “If you don’t know where you are going, you’ll end up someplace else.” – “Yogi” Berra, Major League Baseball player and manager. Why do we need objectives? • • • • • • • • • Implement the mission/vision Focus for decision making Set target Motivate employees Have control over actual performance Provide criteria for evaluating performance Reduce uncertainty Provide sense of unity Positive image Hierarchy of Objectives Hierarchy of Objectives Mission and Vision • “Guiding Hand” • Written by senior management. Strategic Objectives • Practical Application of Mission • Allows lower management to make sense of the mission. Tactical Objectives • Elements of mission in practice • Day-today focus for all employees. Hierarchy of Objectives • Objectives run down, becoming more specific. • Overall objectives are replaced, with more relevant ones. • Hierarchy ensures consistency. Objectives • LO1: Explain the importance of objectives in managing an organization. • LO2: Distinguish between objectives, strategies and tactics, and discuss how these interrelate. Objectives • Traditional Objectives – Survival / Breakeven – Cost minimisation – Profit maximisation – Growth (market share) – Profit satisficing Market Share • Relating to this, what could some objectives be for these firms? • What was released on 29th June , 2007? • What does this chart look...
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...Plan Rodney Wilmore Keller Graduate School (Sherman Oaks) MM522 Instructor: Professor Phil Shaps November 14, 2011 Table of Contents 3.0 – Marketing strategy……………………….3 3.1 – Mission…………………………………...4 3.2 – Marketing Objectives ……………………5 3.3 – Financial objectives……………………..10 3.4 – Target markets………………………..…11 References….....................................................14 3.0 – Marketing Strategy The following section of the marketing plan is going to examine the major parts of the marketing objective. The mission will look at what the mission statement for EZ Duzz It LLC is. The mission statement is a clear description of what EZ Duzz It LLC represents and its purpose for existence. Our marketing strategy is based on becoming the resource of choice for people looking travel with their toddlers without the stress of extra luggage and kids running off. Our marketing strategy is based on superior performance in the following areas: * A practical product. * A quality product * Superior customer service. Our marketing strategy will create awareness, interest, and appeal from our target market for what EZ Duzz It LLC offers our customers. This section will look at the marketing objectives, financial objectives, and the target markets. The strategies that will be employed will be aimed at developing the need for this product by the target market. Initially, the price will be relatively low in order for there to be market penetration. As brand...
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...often dream about goals they would like to accomplish, such as an end to drug abuse; every child being wanted, cared for, and nurtured; a home for everyone; peace in our lifetime. These are just a few of many people's visions for our community. Unfortunately, like many individual dreams, we think these objectives are too lofty and unattainable to ever be realized. But, in fact, realizing these dreams is possible. Look, for example, at our global success in eradicating small pox, or how far we have come since the 1950s in the United States towards reaching racial and gender equality. As Henry David Thoreau said over a century ago, "If you have built castles in the air, your work need not be lost; there is where they should be. Now, put foundations under them." Building foundations for your community dreams is what VMOSA, the strategic planning process that is the focus of this chapter, is all about. It's about groups of people deciding together what they want to accomplish, and how they are going to get there. What is VMOSA? One way to make that journey is through strategic planning, the process by which a group defines its own "VMOSA;" that is, its Vision, Mission, Objectives, Strategies, and Action Plans. VMOSA is a practical planning process that can be used by any community organization or initiative. This comprehensive planning tool can help your organization by providing a blueprint for moving from dreams to actions to positive outcomes for your community. In this section...
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