Psychology discussion Essay Example for Free

Psychology discussion Essay The findings from this research that trigrams in an organised list will be recalled better than those in a disorganised list have supported the evidence of Millers theory. Miller (1956) found that the magic number 7+-2 can be increased using the method called chunking. This would relate to this piece of research as the amount of individual letters remembered was a lot bigger than the value 7+-2. Participants in the organized condition on average recalled about twenty one letters, and in the disorganized condition they recalled about nine letters. This supports Millers view; that more items can be remembered if they are recalled in chunks. This experiment can be extended to investigate the theory of expert chess players having better chunking abilities than novice players (Chase and Simon (1973)). The expert chess players could recall more information about the relationship of chess pieces than those of amateur chess players, the experts could recall up to 30 pieces of information, compared to only seven pieces for amateur players. This links to my experiment because using the technique chunking on an organised and disorganised list of words, led to an improvement in the number of trigrams recalled in the organised condition rather than the disorganised condition. In the organized list around 21 individual letters were recalled, compared to only 9 in the disorganized list. This supports Chase and Simons view that chunking can lead to better recall. My experiment was based on a previous study by Bowers in 1969; the results produced are similar to those obtained by Bowers. Table comparing the result of my study and Bowers study: This Study Bowers Study Average words recalled % of Words Average words recalled % of Words Organised 7. 1 71% 16. 9 65% Disorganised 2. 9 29% 4. 94 19% The results are quite similar although the results above have a higher percentage of words recalled for both the organised and disorganised list compared to Bowers results, however this is due to the fact that more words were involved in Bowers list: 26 compared to the 10 words used on my list. This will have had an affect on memory as the participant is challenged to remember more words. Bower used a theme of minerals; whereas in my experiment it involved a mixture of random trigrams. This could have affected the ability to recall; especially if Bowers participants had greater knowledge than others. However this problem did not occur in my experiment as it was not based around one particular theme. On the whole my results are similar to those obtained by Bowers. E2- Strengths and Weaknesses of the investigation: A strength of this investigation was the method used. This was a laboratory experiment. This method was very reliable and accurate as it allowed manipulation and full control over the variables (i. e. whether the participant is given the organised or disorganised list of trigrams). Therefore the results which were obtained were reliable, and the experiment could be easily replicated by another researcher. A strength of this experiment was that ethics was taken into consideration as informed consent was used to gain approval from the participant, to take part in the experiment. Participants were told they were taking part in a psychology experiment. Also confidentiality was abided by as well as all participants had the right to withdraw there results at any time, also none of their personal details were taken such as names and address. A weakness of this experiment could be the design; as an independent groups design was used; there may have been individual differences between participants. As those participants in the organized condition may have been more intelligent than those in the disorganized condition; this could have lead to them recalling more trigrams than those in the disorganized condition. E3- Consideration of alternative method: An alternative method could be used to test the affect of organisation on memory recall rather than an experimental method. A field experiment can be used so the test can be carried out in a natural setting. The new test can be carried out in school; for example a teacher can carry out an examination on students by testing a group of students to remember a list of abbreviations. This would be testing the ability to recall organized trigrams. Another classroom could be asked to play a game; where their partner gives them three random letters; if they answer a question wrong in a quiz they must recall the three letters they were told at the beginning. A new disorganized trigram would be used every time a question was answered incorrectly. This would then allow you to test the ability to recall disorganized trigrams. An advantage of this over the other method is that it would be carried out in participants everyday settings; therefore it would be more realistic, which would give the experiment more ecological validity. This method will also reduce demand characteristics. Students will believe that this is a real test, and therefore they will pay attention and take the task seriously. Although they will not know it is a task into memory; they will believe it is an important test. This method would be relevant for the aim and hypothesis of the study, as it would show if there is a clear difference, in the organized and disorganized trigrams recalled and it would also improve the reliability of the results. E4- Application of findings and suggestion for future research: In conclusion, this investigation has found that 16-18 year olds on average recall more trigrams from an organised list than a disorganised list. This research has proven that chunking and organization does increase the capacity of short-term memory. Therefore a link can be made to the real world for example if someone has to remember security numbers or phone numbers. Short codes can be chunked into one unit, although longer series of numbers like phone numbers may be chunked into two or three sections. This will help to aid recall, also chunking and organisation can help with revision. For example, by revising from notes arranged in an organised style this should organise the data in the brain and encourage better recall in exams and therefore good exam results. This research can also be applied when people do daily shopping. For example items of a similar nature can be chunked together into one group, e. g. , peas, cabbage and broccoli could be chunked under a vegetables group, so that they can be remembered as one chunk rather than three individual units. This research can be applied to future research by investigating if using chunking technique for exam revision can aid better recall thus better exam results. For example teachers could hold revision sessions using call cards which are chunked into small amounts of detail for the student to remember. They can then test to see if students with revision aids did better than those without.

Where Are You Going, Where have you been? Essay -- essays research pap

Connie’s Decision   Ã‚  Ã‚  Ã‚  Ã‚  Nobody really knows what the future holds. We all live day by day wondering what God’s will is for our lives. Yet we carry on and make decisions that may or may not shape what our lives turn out to be. In Joyce Carol Oates’s â€Å"Where are you going, Where have you been?,† we meet Connie, a fifteen year old beautiful girl. Connie like most teenagers is a little boy crazy and at times rebellious. She and some girlfriends would get together and go to a local drive-in restaurant where older kids would hang out. (153) One night at this drive-in a boy with shaggy black hair, in a convertible caught Connie’s eye. (154) Connie had never seen him before. He made the sly statement of â€Å"Gonna get you, baby,† and she just ignored him and walked on. (154) Little did Connie know he was speaking the truth. In a very short period of time Connie was about to make the biggest decision of her life, literally.   Ã‚  Ã‚  Ã‚  Ã‚  Connie was at home alone one day sitting in her room listening to music. Her mother, father and sister were out to a barbeque. An unfamiliar car pulled up in the driveway and Connie at first was worried about how she looked. This was the least of her troubles. When Connie got to the front door she was faced with two men. The driver whom we come to know as Arnold Friend and the passenger whose name was Ellie Oscar. Arnold comes off at first as kind of strange yet nice. He asks Connie, â€Å"You wanta come for a ride?† (...

Wal Mart Hr Strategies

Abstract Wal-Mart is the largest retailer in the world. They have reached such success by offering everyday low prices to a generalized target market of middle to lower class, though anyone looking to save a buck can be attracted. What does Wal-Mart do to stay on tract, stay running with a diverse workforce, and continue to offer the best deals around? ? Wal-Mart has recently introduced a strategic approach that would help sustain their role as the largest retailer in the world, as well as keeping their customers happy and healthy.The initiative has been dubbed â€Å"Project Impact†, and was introduced in late 2009. The projects purpose is to improve the benefits to the consumer. There are three initiatives within the project which include; â€Å"Save Money, Live Better; Win, Play, Show; and Fast, Friendly, Clean† (Murray, 2013). With a declining economy, as well as a loss in consumers due to the likes of Target Co. and other competitors, Wal-Mart needed to make a chang e in order to keep their customers coming back. So they restricted their strategic approach.Wal-Mart has revamped its approach and internal design by widening isles, enhancing the use of signs within the store for product location, as well as adding natural light to offer a friendlier atmosphere to their customers (Murray, 2013). The first Initiative in their new approach is â€Å"save Money, Live Better. † As one can see by the title, Wal-Mart is continuing to obtain price leadership. Wal-Mart is known for their everyday low prices, but must continue to ward off attempts from rival organizations. They are able to do so with the help of their private labels.In a day and age when people are choosing to save money, they can choose a cheaper alternative choice in Wal-Mart’s own private labels such as Great Value (Murray, 2013). The next initiative is Win, Play, and Show. Wal-Mart wants to be the first in the market to be able to showcase new products; allowing them to lea d in pricing. They also want to make it where vendors will continuously market to Wal-Mart to maintain their positions on their shelves. And finally, with show, they don’t want to overwhelm the consumer with products, yet they do not want to lack a particular good.So say they have multiple brands of a particular product; they are now narrowing it down to the top market choices. With Fast, Friendly, and Clean, Wal-Mart wants to enhance the in store experience of the consumer. Merchandise flow plays a big part. â€Å"Wal-Mart has a merchandise replenishment cycle of no more than 48 hours. Wal-Mart has adopted efficient processes such as cross-docking which as reduced operating costs, increased throughput, reduces inventory levels and eliminates unnecessary handling and storage of product† (Murray, 2013).Wal-Mart has adopted a â€Å"green† policy. Sustainability is crucial in this effort. â€Å"The company is dedicated to maximize the efficiency from the raw mater ial phase to the manufacturing phase, from supplier to distribution center, from distribution center to store, stockroom to shelf, shelf to consumer, from store to home, from pantry to consumption with the ultimate goal of Zero Waste† (Murray, 2013). In order to make all these things attainable, Wal-Mart must maintain a well trained workforce.This workforce must be given all the tools necessary to complete the tasks at hand, as well as be equipped with a set guideline as to what must be done in order to continuously lead the industry. This lies heavily on Human Resources and Top Management alike. Wal-Mart has been in the headlines quite a few times in terms of what they â€Å"lack† as an organization. First off, Wal-Mart has been well known for their distaste towards unionization, and has even been known to shut down facilities that have successfully obtained a bargaining power (Capelli, 2006).This has been a highlight of top stories in the media, but other issues are v ery much among us. Health care is a recent issue that has poked its head out. It is becoming more apparent that Wal-Mart offers relatively little access to such benefits. Many states that offer health-care subsidies to low-income individuals and families have discovered a disproportionate number of participants employed at Wal-Mart (Capelli, 2006). Since this has come out, Wal-Mart has released that they will be expanding benefits to their employees, starting with opening health clinics within their own stores.Another issue is that Wal-Mart makes it as if they are there to help those who need financial assistance. An everyday low price is all they hear. Evidence has shown that Wal-Mart stores have a negative effect on the outlying areas in which they build. Opening up a big store will surely create jobs for that area, but it is actually the smaller businesses that are hiring the majority. Wal-Mart basically comes in and offers these low prices, and they mom and pop stores can no lon ger compete (Capelli, 2006).This attempt may also lower wages within a geographical area. You may have high pricing businesses that are being outsold now that Wal-Mart is in town. They cannot continue to pay their employees what they were because there is simply not enough coming in. All it takes is a simple marginal analysis to realize that they simply cannot compete. What this shows is that Wal-Marts so called beneficial, consumer friendly business strategies do not match up with how things are run internally.One cannot claim that they are for sustainability and responsible stewardship, and continue to knowingly undermine the backbone and driving force of the organization. It is as though Wal-Mart may have reached a point where they blindly follow a â€Å"Money-is-Happy† economical method. ? References Cappelli, P. (2006). Wal-Mart and the obligations of business. Retrieved from http://www. hreonline. com/HRE/view/story. jhtml? id=4615496 Murry, M. (2013). Wal-Mart’s strategic initiatives. Retrieved from http://logistics. about. com/od/industryfocus/a/Wal-Mart. htm

Practice in Turning Adjectives Into Adverbs

Many adverbs are formed by adding -ly to an adjective. The adverb softly, for instance, comes from the adjective soft. (Note, however, that not all adverbs end in -ly. Very, quite, always, almost, and often are some of the common adverbs that are not formed from adjectives.) Instructions In each set below, complete the second sentence with an adverbial form of the italicized adjective in the first sentence. Example: Original:  Gus is usually a careful driver.Adverbial form: He always drives carefully when children are in the car. When youre done, compare your answers with those below. Practice Exercises We live on a quiet suburban street. Even the dogs bark _____.This is a dangerous road. Were driving _____ close to the shoulder.My friend Alice is a polite young woman. She asked _____ if she could borrow my boyfriend.The clown made a deep impression on my daughter. His sad smile touched her _____.I apologize for my foolish behavior. Yesterday I acted _____ in class.Ferdinands apology sounded sincere. He said he was _____ sorry for driving over your motorcycle with his tractor.I ordered a manual transmission. Are the windows operated _____?Shyla made a generous contribution to the Salvation Army. She gives _____ every year.This morning Gus had an accidental encounter with an ice cream van. He _____ backed his pick-up truck into the van.Marvin is a graceful infielder. He moves _____.This is an easy assignment. I expect to pass _____.Merdine is a brave woman. She _____ challenged the principal and the school board.There was a rapid change in the weather. The temperature dropped _____.I m troubled by my brothers strange behavior. Yesterday I heard him talking _____ to our cat.My father is a cautious man. When everyone else is upset, he speaks softly and acts _____. Exercise Answers   We live on a  quiet  suburban street. Even the dogs bark  quietly.This is a  dangerous  road. Were driving  dangerously  close to the shoulder.My friend Alice is a  polite  young woman. She asked  politely  if she could borrow my boyfriend.The clown made a  deep  impression on my daughter. His sad smile touched her  deeply.I apologize for my  foolish  behavior. Yesterday I acted  foolishly  in class.Ferdinands apology sounded  sincere. He said he was  sincerely  sorry for driving over your motorcycle with his tractor.I ordered a  manual  transmission. Are the windows operated  manually?Shyla made a  generous  contribution to the Salvation Army. She gives  generously  every year.This morning Gus had an  accidental  encounter with an ice cream van. He  accidentally  backed his pick-up truck into the van.Marvin is a  graceful  infielder. He moves  gracefully  when making a double play.This is an  easy  assignmen t. I expect to pass  easily.Merdine  is a  brave  woman. She  bravely  challenged the principal and the school board.There was a  rapid  change in the weather. The temperature dropped  rapidly.Im troubled by my brothers  strange  behavior. Yesterday I heard him talking  strangely  to our cat.My father is a  cautious  man. When everyone else is upset, he speaks softly and acts  cautiously.

Frankenstein Less Human Than His Creation Essays - 979 Words

There are obvious similarities between Victor and his creation; each is abandoned, isolated, and both start out with good intentions. However, Victor’s ego in his search for god-like capabilities overpowers his humanity. The creature is nothing but benevolent until society shuns him as an outcast on account of his deformities. The creature is more humane than his own creator because his wicked deeds are committed in response to society’s corruption; while Frankenstein’s evil work stems only from his own greed. nbsp;nbsp;nbsp;nbsp;nbsp;Victor Frankenstein and his creation are very much alike. Both are abandoned by their creators at a young age; Frankenstein is left without his mother after her death, the creature is rejected by†¦show more content†¦Another human characteristic that the creature holds is his conscience, as can be seen at the end of the book after Frankenstein dies. The creature tells Walton, â€Å"It is true that I am a wretch. I have murdered the lovely and the helpless; I have strangled the innocent as they slept...You hate me; but your abhorrence cannot equal that with which I regard myself†(155). Compassion, fear, desire to be accepted, and guilt are all very human emotions and characteristics that the creature displays. nbsp;nbsp;nbsp;nbsp;nbsp;While Frankenstein is consumed in his work he feels none of the emotions that the creature feels in his first years of life; Victor says of himself, â€Å"Winter, spring, and summer, passed away during my labors; but I did not watch the blossom or the expanding leaves- sights which before always yielded me supreme delight, so deeply was I engrossed in my occupation† (33). Frankenstein is obsessed with holding god-like powers, â€Å"I ceased to fear or to bend before any being less almighty than that which had created and ruled the elements† (78). At several points in the book Victor has the chance to prevent harm being done to others, but each time he is only concerned with himself. It is ambiguous, but Victor could have warned the family, or gone to protectShow MoreRelatedFrankenstein: Less Human Than His Creation992 Words   |  4 Pagesand his creation; each is abandoned, isolated, and both start out with good intentions. However, Victors ego in his search for god-like capabilities overpowers his humanity. The creature is nothing but benevolent until society shuns him as an outcast on account of his deformities. The creature is more humane than his own creator because his wicked deeds are committed in response to societys corruption; while Frankensteins evil work stems only from his own greed. Victor Frankenstein andRead MoreFrankenstein And Never Let Me Go By Kazuo Ishiguro1330 Words   |  6 Pageslimits of the human (Bennett and Royle. 2009 p. 252) and what it means to be human. Both texts, Frankenstein by Mary Shelley and Never Let Me Go by Kazuo Ishiguro, challenge the traditional definition of the human. According to Oxford Dictionaries Online (p. 1), ‘Human’ relates to or characteristics of human kind for example, the human body and the complex nature of the human mind. It also states being susceptible to weakness. The characters, Frankenstein’s monster in Frankenstein and the studentsRead MoreEssay on The Historical Perspective in Mary Shelleys Frankenstein1040 Words   |  5 PagesPerspective in Mary Shelleys Frankenstein Mary Shelleys Frankenstein is an early product of the modern Western world. Written during the Romantic movement of the early 19th century, the book provides insight into issues that are pertinent today. Similar to Johann Wolfgang von Goethes Faust, Shelleys Frankenstein concerns individuals aspirations and what results when those aspirations are attained irresponsibly. While Mary Shelley (then Mary Godwin) wrote Frankenstein in 1816 she was livingRead MoreWhen The Word â€Å"Justice† Comes To Mind, Most People Believe1392 Words   |  6 Pagesthe novel Frankenstein written by Mary Shelley, various themes of justice are explored. Frankenstein and his creation, the monster, are both in search of justice. While their meanings of justice may be frowned upon and looked at as acts of evil, they do not take into account the chain of events that may occur after their actions. These events may be caused by the fact that Frankenstein chooses solidity, while the monster is forced into it. One of the first acts of injustice in Frankenstein was theRead MoreShellys Frankenstein and Miltons Paradise Lost Essay1136 Words   |  5 Pages Mary Shellys Frankenstein narrates a story about a scientist, Victor Frankenstein, and his creation of a monster set apart from all worldly creatures. Frankensteins creation parallels Miltons Paradise Lost and Gods creation of man; Victor Frankenstein is symbolic of God and the monster is symbolic of Adam. The parallel emphasizes the moral limitations of mankind through Victor Frankenstein and the disjunction and correlation with Paradise Lost. Shelly links the two stories together throughRead MoreEssay on The Nature of Humanity in Mary Shelleys Frankenstein1358 Words   |  6 PagesHumanity in Mary Shelley’s Frankenstein Mary Shelley’s Frankenstein examines the very nature of humanity through the juxtaposition of two characters, Victor Frankenstein and the creature. The curious creature has an innocent desire to learn whereas Victor Frankenstein pursues his blasphemed ambition. The creature has a sincere desire to belong in the human world but he is incapable of properly presenting himself whereas Victor Frankenstein isolates himself from humanity to hide his guilt. The sympatheticRead MoreMary Shelleys Frankenstein Essay examples786 Words   |  4 Pages Frankenstein: The Modern Prometheus In Marry Shelly’s book Frankenstein, she tells the story of a man named Victor Frankenstein. The character of Frankenstein contains traits that parallel Prometheus from Greek mythology. Through his actions and emotions Victor Frankenstein becomes the modern Prometheus by producing ill-fated actions that carry tragic consequences just as Prometheus’ did. Prometheus was a figure in Greek mythology who created the conflict between mankind and the God’s. PrometheusRead Moreâ€Å"Frankenstein† Or More Commonly Known At The Time â€Å"The1213 Words   |  5 Pagesâ€Å"Frankenstein† or more commonly known at the time â€Å"The Modern Prometheus† was wrote and published by a young girl named Mary Shelly in 1818. The novel had to be published anonymously because women were seen as incompetent to write such a piece. However, she later revealed that she was the writer, yet some critics were still skeptical of this and believed Percy Shelley was actually the original writer. Shelley lost her first child soon after she gave birth and some think this is where she thoughtRead MoreAnalysis Of Mary Shelley s Frankenstein966 Words   |  4 PagesMary Shelley s Frankenstein is a riveting story that not only succeeded in captivating the reader s attention, but also comments on societal views on â€Å"Good† and â⠂¬Å"Evil†. The story draws a parallel between the main character Victor Frankenstein and his creation The Crauter. The novel undoubtedly contains evil and acts of evil yet it is not apparent who is the true â€Å"Monster†; the creator or the creation. Victor Frankenstein is a selfish man who, out of a surplus in ego, created something that shouldRead MoreMary Shelly’s Frankenstein Essay1266 Words   |  6 PagesMary Shelly’s Frankenstein Mary Shelly’s Frankenstein is designed as a gothic horror novel but deals with serious moral issues. Written in 1818, a time when breakthroughs and discoveries in the scientific world were common and often of great importance, the book shows how desire for knowledge entwined with humanity’s ability to quickly reject what seems ugly or that which they don’t understand, can unfold into a tragic tale with several fatal altercations. Whilst playing

Legal And Social Justice For Hispanics And Women - 1635 Words

Legal and Social Justice for Latinos and Women America is most known for its diversity, with immigrants from almost everywhere on Earth. The American Dream has lured many minorities to the land of the free and home of the brave, in search of opportunity. Though the U.S. is known for its â€Å"American Dream,† America does not have equal opportunity for all of its people. Women and Latinos, specifically, have been denied social and legal equality, with both movements starting in the 1960`s. Latinos had the Chicano movement while women had the second wave of a feminist movement, with similarities and differences in their goals, means, and results. Although Latinos focused on reforming education and work conditions and women wanted to reform their image in society, both educated the public through organizations and used protests to gain limited success of better job opportunity though are still viewed as inferior to white men. The Chicano movement and the Feminist movement wanted to attack society s unequal and biased perception of women and Latinos in the 1960`s. Women were suppose to marry young then stay home and take care of the children while Latinos were perceived as inferior for being minorities. In schools there was no bilingual education and Latinos couldn t speak Spanish. Most schools hardly taught about the history of Latinos which was also problematic because Americans did not view Latinos as Americans. They viewed them as foreigners that came to America, a countryShow MoreRelated Discrimination and Civil Rights in America Essay701 Words   |  3 Pagesand to participate fully in life regardless of race, sex, religion, or other characters unrelated to the value of the individual. According to Webster’s Dictionary, the definition of civil rights is â€Å"the right s to personal liberty and to legal, economic, and social equality establish by amendments to the U.S. Constitution and by ce rtain Congressional acts.† (Merriam-Webster) Civil rights have to with whether individual members of differing groups- racial, sexual, and the like- are treated equally byRead MoreWhy The Incarceration Rate So High For Young Black Males?1428 Words   |  6 PagesAmerica has the largest justice system in the world. America also has the highest incarceration rate with over 2 million people in prison. African Americans account for approximately 40 percent of those inmates. Why is the incarceration rate so high for young black males? By examining the data and demographics, and the causes and consequences a greater understanding will be gained as to why these disparities exist. As of December 2013, according to the Bureau of Justice Statistics, the number ofRead MoreHow Does The Judicial System Correlate One s Race?1375 Words   |  6 Pagestriumphs and disappointments of the Canadian statute before supporting for the proposed move in U.S. sentencing that this Note contends will improve the propensity toward racial predisposition. Umsted, Zane A. Deterring Racial Bias In Criminal Justice Through Sentencing. Iowa Law Review 100.1 (2014): 431-453. Academic Search Premier. Zane Umsted is a licensed attorney and law clerk in the United States District Court for the Northern District of Iowa. He has witnessed the disparities of ourRead MoreThe Criminal Justice System1232 Words   |  5 PagesThe criminal justice system is a series of institutions and practices of government foreseen to protect society from criminal behavior. The criminal justice system is an important component in the world as the system provides a basis of social control, deterrence, and retribution of crimes committed. Many countries throughout the world may differ in regards to the structure; however, the morality of the system is for the people. Ultimately, the structure is underlined by the importance among lawRead MoreRacism And Incarceration Rates Among African Americans And Hispanics Essay1581 Words   |  7 Pagesinstitutional racism still exists in this country. One way to look at this institutional racism is to examine at the United States prison system and the gap of incarc eration rates among African Americans, Hispanics, and White males. According to a research by Prison Policy Initiative both African Americans and Hispanics are imprisoned at 5.1 times and 1.8 times higher than the rate of White Americans for every 100,000 incarcerations, respectively. Throughout the history of the United States, it is obvious thatRead MoreCriminal Justice And The Juvenile Justice System1689 Words   |  7 PagesIntroduction to Criminal Justice Criminal Justice is such a broad subject and workforce. At this point in time criminal justice is needed more than ever in America and the world as we know it today. The criminal justice system has improved more and more throughout history by changing something as simple as law enforcement officer’s purpose and who they are taking orders from. The objective of this analysis is to break down these three criminal justice subjects: the juvenile justice system, prison lifeRead MoreRelationship Between Gender And The Adjudication Withheld Essay1769 Words   |  8 PagesINTRODUCTION The study examines the relationship between gender and the adjudication withheld. Adopting a social threat perspective, the assessment explores how gender and social gender dynamics affect the labeling of convicted sentencing outcome adjudication withheld. The article investigates the direct effect of gender and interactive impact of offender sex/crime type on adjudication withheld and probationers sentenced in Florida. The author Stephanie B. R. critically brings the issue of femaleRead MoreThe Inequality Of The Prison Population Essay1429 Words   |  6 Pagesare people of color, predominantly African-American and then Hispanic men. Jennifer Wynn stated that when she visited Rikers Island and was waiting in the waiting room, she was the only white person there (Wynn, 2012). She later found that ninety percent of the inmates were black or Hispanic (Wynn, 2012) and that ninety three percent were male (Wynn, 2012). Although not as large as black men, there has also been an increase o f minority women imprisonment. This racial disproportion was not always thisRead MoreAnalysis of a Foundation Essays966 Words   |  4 Pagesworking for social justice, developing nonprofit media, and Boulder County nonprofits addressing the needs of at-risk teens. URL: - http://www.brettfoundation.org/ I chose the Brett Family Foundation because I have worked extensively with at risk teen as a police officer and understand the need for education and other programs to help break the cycle that lead these teens to bad decisions. The Brett Family Foundation believes that while directly financing issues such as education, social justice, or povertyRead MoreThe Non Existent American Dream1374 Words   |  6 Pagesfreedom in the land of the free. They never get opportunity in the land of opportunities. They never get justice and equality in the land of the justice. America is not America they want to see, and the poet Langston Hughes repeatedly mentions, â€Å"America never was America to me†. In 1936, when the poem was first published, being colored immigrant was the same, or even worse than being a murderer, justice was never served, and there was no equality. The privileged elites had all the America to them but to

Presentation Financial Statements Retrieved â€Myassignmenthelp.Com

Question: Discuss About The Presentation Financial Statements Retrieved? Answer: Introducation The main objective of this memo is to address the key problems which has occurred during formulating the statement of financial position and also validate the key parts which are need to be deliberated in accordance with AASB 101 of Presentation of financial statements wherever required. Before starting the preparation of financial statements it is important to identify the type of organisation. In this case, Jennifer has prepared the statement of financial position of Dom Ltd. After taken into consideration all the areas of this statement, it has been scrutinised that the financial report has not been prepared in accordance with Australian Accounting standard that is AASB 101. The main requirement of making the financial statements is to show true and fair view about the companys financial stability which is useful to the stakeholders of the company. Predominantly, the statements describe the companys assets, equity, costs, revenues, liabilities, cash flows and other things. The assets, liabilities and equity of the company deliver information of the specific date particularly at the end of the reporting period (AASB101, 2015). However, in this case the financial statement of accounting period ended on 30 June 2017 was not presented in accordance with AASB 101. It should be flagrantly presented as follows: The Organisation name whether the financial statements consist of single entity or group of entities Accounting period Accounting currency (AASB101, 2015). According to AASB 101, it is very important to display line items on the face of the statement together with headlines and sub-totals in order to reflect the true and fair view about the companys financial condition to the stakeholders. For Instance, in the case of Dom Ltd, Land Cash at bank Trade debtors Property, Plant and Equipment Goodwill Intangible Assets Other Assets The total of Assets bank Loans Trade Creditor Thus, in accordance with the financial statements of Dom Ltd it clearly depicts that users of the financial statements are not able to recognize and differentiate the line items and users are also not able to make judgements. Therefore, it is advisable to separate the line items with proper headings and sub-headings showing current assets, non-current assets, current liabilities, non-current liabilities in their statements. Such as Inventories, cash and cash equivalents, trade receivables are required to show under current assets whereas land, Intangible assets, plant and equipment are required to show under non-current assets. Similarly, short-term bank loans, trade payables, provisions are required to show under current liabilities whereas long-term financial liabilities, long-term bank loans are required to show under non-current liabilities. All the above classification should be sub-totalled and presented as per the AASB 101. Hence on the basis of given statement of financial po sition of Dom Ltd it depicts that users are not able to recognize the financial condition and also cannot make judgements. There are three main items shown in the statement of financial position are as follows: Assets Assets are defined as resources which are owned by the company for which future economic benefits are expected to flow to the company. For instance, in the case of Dom Ltd there is an investment property which is an asset and it is related to the land and short-term loans and therefore as per AASB 101 it should be bifurcated into non-current assets and current liabilities. In addition to this, the assets are always calculated as per going concern assumption and should be displayed at the specific date of the reporting period. Liabilities Liabilities are future obligations of a company as a result of past events are termed as Liabilities. There are two types of liabilities such as current liabilities and non-current liabilities and these are bifurcated according to the obligation due dates. For instance, in the case of Dom Ltd there is trade and other payables some portion of which are repayable within a year and some payables are more than a year. As seen that total trade and other payables are come under liabilities head but according to AASB 101 it shall be bifurcated between current liabilities and non-current liabilities. Equity Amount of funds invested by the shareholders in the company are called as Equity. The equity portion should also consider retained profits if any. For instance, in the case of Dom Ltd it is observed that ordinary share capital is given under liabilities head which is wrong and it should be covered under Shareholders Equity head as per AASB 101. Therefore, it is highly advisable as a chief accountant of the Wesley Ltd to refer all the aspects in preparing financial statements which are covered under AASB 101 and follow AASB 101 which are helpful in decision making for the stakeholders. Dom Ltd Statement of financial position as at 30 June 2017 Particulars $ $ ASSETS Current Assets Cash at bank 4000 Trade Debtors 160000 Other Assets 10000 Raw material inventory 40000 Total Current Assets 214000 Non-Current Assets Property, Plant and Equipment 610000 Land 114000 Other Assets 36000 Intangible Assets 94000 Total Non-Current Assets 854000 TOTAL ASSETS 1068000 LIABILITIES Current Liabilities Bank Loans 28000 other Loans 34000 Trade creditors 40000 Allowance for inventories 4000 Financial Liabilities 100000 Current Tax Payable 8000 Provision for warranty 40000 Total Current Liabilities 254000 Non-Current Liabilities Trade creditors 70000 Financial Liabilities 500000 Total Non-Current Liabilities 570000 TOTAL LIABILITIES 824000 NET ASSETS 244000 EQUITY Share capital 200000 Retained Earnings, 1 July 2016 20000 Reserves 24000 TOTAL EQUITY 244000 References AASB101. (2015). Presentation of financial statements. retrieved on 20 September 2017 from file:///C:/Users/Tanvi%20Jain/Downloads/1707771_548068821_AASB10107-15.