DEPARTMENT OF ACCOUNTANCY UNIVERSITY OF ILLINOIS MEMORANDUM TO: Raluca Chiorean FROM: Section AE2 DATE: June 30‚ 2012 SUBJECT: Samuel’s Electronics Analysis INTRODUCTION In this memorandum‚ I’ll discuss strengths and weaknesses of using FIFO versus LIFO as the cost flow assumption in the accountant’s process of inventory valuation for financial statement reporting to a company’s external stakeholders. FIFO AND LIFO ANALYSIS As shown in the exhibit‚ because the price of LG TV was decreasing
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Contribution: The research conducted has several strengths and weaknesses to be addressed. To begin‚ I believe that the following areas within the article could be altered: population studied‚ position of camera‚ time workers have to adapt and adopt implementation‚ employees observed working with residents‚ and a larger sample size. The following areas could be added: definitions of topics‚ a controlled group‚ and observation of long-term effects of the programs. Finally‚ the following areas should
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many’s view of what is moral or just. However‚ when viewed under the light of positivism‚ all law is divorced from a system of ethics. Legality is not‚ inherently nor intentionally‚ compliant with a code of behavior. Law is‚ as it is created by the ruling class‚ designed to benefit those in power. Morals and sentiment do not play a role in the government‚ nor the rules that the government establishes. Legal positivism is a school of thought in the science of law or jurisprudence from the Latin term
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1.0 Recommendations: 1. Continue the Emphasis on Delivering High and Personal Customer Service 2. Leverage the website for marketing purposes‚ focus on increasing revenues and not necessarily reducing costs. 3. Establish and manage a customer awareness database to be leveraged by all Four Seasons properties. 4. Solicit select feedback from customers regarding use of technology‚ e.g. concerning automated checkout (i.e. should it be an option). 5. Implement a ’Seasons Pass’ - rewards program to
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What Are Your Strenghts And Weaknesses? Life is a never ending learning experience. One of the most important lessons we can ever learn from comes from yourself. We as people go through alot ina life time‚ it is essential that we learn who we are‚ and have the ability to recognize and grow from our own personal strengths and weaknesses. Knowing what we are good at and what we are weak in is the only way we can truly grow as individuals. This knowledge helps us to accomplish the goals we set
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discuss the contribution of positivism to the study of society The positivist research method in the social sciences become more influential by August Comte‚ who tended to build a methodology based on facts rather than speculation. For Comte‚ the social sciences should concentrate on scientific laws rather than contemplation (Marcuse‚ 1941‚ p. 345). This theoretical perspective continues to be the present method of conducting research. This essay argues that positivism has accelerated the development
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Strengths‚ Weaknesses‚ Opportunities and Threats about my business (E-Commerce) Strengths Ability to compete with other companies global and locally -Implementing an e-commerce business solution allows companies to expand their customer base to a global level without considerable time or expense. Specialization and niche selling -The larger customer base created by online sales allows e-tailers to specialize in certain niche products that could not support a more traditional business model
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PERSONAL POTRAIT: A BIOLOGICAL NARRATIVE 2 John C. Carter Capella University Dr. Janice J. Caron August 29‚ 2010 Abstract Eric Erickson is best known for his studies with psychosocial development‚ or the development of a person within a social context. Eric Erickson’s theories focused primarily on the correlation of the release of sexual tension and psychosexual development. The purpose of this paper is for the author to develop a personal portrait integrating Erickson’s developmental
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Discuss the Strengths and Weaknesses of the Three Main Theories covered in this Module. This essay will attempt to highlight and evaluate the strengths and weaknesses of the three main theories of counselling within the module covered this term. The three approaches in discussion are psychodynamics‚ cognitive behavioural and humanistic. The psychodynamic theory originated from Sigmund Freud‚ a medical doctor and philosopher (1856 - 1939) founded in the 1900s. Freud developed his ideas whilst working
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Positivism vs Interpretivism Positivism is an approach in sociology that believes society can be studied using similar scientific techniques to those used in the natural sciences. (Browne‚ 2006) This concept tends to produce quantitative data and Concerned with hypothesis testing. (Collis and Hussey‚ 2003) Interpretivism is an approach emphasizing that people have consciousness involving personal beliefs‚ values and interpretations and these influence the way they act. They do not simply respond
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