Category: Accounting homework help

Read the Topic 3 Resources indicated below before responding to this DQ.
“Time Management” section of Chapter 4 in University Success Guide: Finding Your Purpose
Student Preparation for Distance Education
What strategies do you currently use, or have used in the past, to try to practice good time management? Are there any strategies mentioned in the articles listed above that you use or have used? Are there any strategies from the articles that you will try to use going forward to improve your time management? What time management strategies do you think work best to ensure you have adequate time for studying and school work?
Submit DQ ResponseJP

Will the presence of “audit committee financial experts” make a difference in terms of financial reporting quality? Why or why not? If yes, should all audit committee directors be “financial experts”?
In your opinion, who should be designated an “audit committee financial expert?” Do you expect differences based on different types of experts (i.e., someone with auditing experience vs. accounting managerial experience vs. non-accounting managerial experience)?
Notes:
 I only need answer for question #2, I added question #1 only for you to have an idea on how the complete assignment looks like. PLEASE ONLY ANSEWR QUESTION #2. Thanks.

 The student will post one thread of at least 400 words .
 Choose a publicly traded company that begins with the same letter as your last name(E). Using either the Security and Exchange Commission’s (SEC’s) Edgar Database, or by going directly to your chosen company’s website, download the company’s annual report. Review the information contained within the annual report (10k), paying particular attention to the financial statements and the notes to the financial statements. How important do the financial statements appear to be with regard to the annual report? Are the financial statements mentioned in the management discussion? Do the financial statements provide enough information to potential investors? Is too much information given to competitors who may also be reviewing the financial statements? Explain the significance of the financial statements within the annual report. In your replies, compare your company with your classmates’ and discuss the similarities or differences between your chosen companies. 
 

Complete Case Activity 2-29 (Koss Corporation) on page 112 of the textbook.
Prepare your answers using Microsoft Word. Ensure that your document is double-spaced and maintains 1-inch margins on all sides. The font to be used should be Times New Roman, size 12. It is crucial to follow APA formatting guidelines throughout your document. This includes proper in-text citations, headings, and a reference list if you refer to any external sources. Proper formatting not only ensures clarity and professionalism but will also be a component of your grade for this assignment.

 
The following list gives all the financial categories of Manufacturing Company, For each item in the list,  
1) Identify whether it belongs on the Balance Sheet or the Income Statement and write the 
number in the correct places.

 The deliverable for this step is:
Identify economic questions that firms must address.,
Evaluate decision making, centered around the VBM, within a chosen industry. Prepare a problem statement within your specific industry.
In Week 1, we reviewed industrial organization, or market structure, which is the primary economic tool for industry analysis. It provides a framework for relating profitability to demand, level of competition, and firm behavior. Using the economic theory of market structure, identify a component of the market that is a threat to the health of the organization you are looking at.
Organizations face a multitude of challenges. You will find it helpful if you take one challenge and focus on it. For example, is it shifting demand? Or perhaps a new technology that is disruptive and changes the company’s cost structure? Another might be some legislation making its way through Congress that affects the organization’s ability to make certain decisions.
The Context of the Problem
For the problem statement, take the position of the person indicated in the problem scenario you have chosen. Place yourself in that person’s shoes. Given that person’s mandate, whether it be to increase share price, stabilize market share, increase cash flow, or any other goal, how would this leader perceive this challenge? Furthermore, how would a virtuous leader respond to the challenge? For example, the VBL approach talks about framing. How do you frame the problem statement so that it is ethically, as well as strategically, solid?
Investigating the Problem
The more specific the problem statement is, the easier it is to address it. In fact, half the battle is articulating the problem in a short statement. Express it as an “elevator speech,” that is, imagine you meet someone in an elevator and you have 60 seconds to explain your thought before the person reaches their floor. Often, simply thinking about how to put the problem succinctly in words suggest possible avenues for addressing it.

 The deliverable for this step is:
Identify economic questions that firms must address.,
Evaluate decision making, centered around the VBM, within a chosen industry. Prepare a problem statement within your specific industry.
In Week 1, we reviewed industrial organization, or market structure, which is the primary economic tool for industry analysis. It provides a framework for relating profitability to demand, level of competition, and firm behavior. Using the economic theory of market structure, identify a component of the market that is a threat to the health of the organization you are looking at.
Organizations face a multitude of challenges. You will find it helpful if you take one challenge and focus on it. For example, is it shifting demand? Or perhaps a new technology that is disruptive and changes the company’s cost structure? Another might be some legislation making its way through Congress that affects the organization’s ability to make certain decisions.
The Context of the Problem
For the problem statement, take the position of the person indicated in the problem scenario you have chosen. Place yourself in that person’s shoes. Given that person’s mandate, whether it be to increase share price, stabilize market share, increase cash flow, or any other goal, how would this leader perceive this challenge? Furthermore, how would a virtuous leader respond to the challenge? For example, the VBL approach talks about framing. How do you frame the problem statement so that it is ethically, as well as strategically, solid?
Investigating the Problem
The more specific the problem statement is, the easier it is to address it. In fact, half the battle is articulating the problem in a short statement. Express it as an “elevator speech,” that is, imagine you meet someone in an elevator and you have 60 seconds to explain your thought before the person reaches their floor. Often, simply thinking about how to put the problem succinctly in words suggest possible avenues for addressing it.

 After reading the material for this discussion on the degrees of competition, what are some of the major components in an analysis of the market structure a particular agricultural market is in? How does market structure affect the types of decisions a virtuous manager makes? How might these components be similar or different from the industry you currently work for or are familiar with?
After you answer the questions on your own, find a generative artificial intelligence program online and input this query, “What are some of the major components in an analysis of the market structure the [INSERT MARKET] market is in? How does market structure affect the types of decisions a virtuous manager makes?”
Some of the better known AI platforms are Viso Suite, ChatGPT, Jupyter Notebooks, and Google Cloud AI. Or you could submit your own Google search for an alternative AI platform.

How to cite AI(new tab) with The American Psychological Association
McAdoo, T. (2024, February 23). How to cite ChatGPT. APA Style Blog. https://apastyle.apa.org/blog/how-to-cite-chatgpt.

How to cite AI(new tab) with Purdue University
Purdue University Libraries and School of Information Studies. (nd). How to Cite AI-Generated Content. LibGuide. https://guides.lib.purdue.edu/c.php?g=1371380&p=10135074.

Scan how the AI’s response is similar or different from your own response. Were you surprised by anything in the AI generated response?

 After reading the material for this discussion on the degrees of competition, what are some of the major components in an analysis of the market structure a particular agricultural market is in? How does market structure affect the types of decisions a virtuous manager makes? How might these components be similar or different from the industry you currently work for or are familiar with?
After you answer the questions on your own, find a generative artificial intelligence program online and input this query, “What are some of the major components in an analysis of the market structure the [INSERT MARKET] market is in? How does market structure affect the types of decisions a virtuous manager makes?”
Some of the better known AI platforms are Viso Suite, ChatGPT, Jupyter Notebooks, and Google Cloud AI. Or you could submit your own Google search for an alternative AI platform.

How to cite AI(new tab) with The American Psychological Association
McAdoo, T. (2024, February 23). How to cite ChatGPT. APA Style Blog. https://apastyle.apa.org/blog/how-to-cite-chatgpt.

How to cite AI(new tab) with Purdue University
Purdue University Libraries and School of Information Studies. (nd). How to Cite AI-Generated Content. LibGuide. https://guides.lib.purdue.edu/c.php?g=1371380&p=10135074.

Scan how the AI’s response is similar or different from your own response. Were you surprised by anything in the AI generated response?

 
Locate the paragraphs you wrote for the earlier assessments.
Scenario: Your chosen organization has determined that its mission statement needs to be updated accurately to reflect its strategy for the upcoming year, so you are forming a small team to work through this problem. Which functions do you want to select team members from? Why? What ethical principles does your team need to consider when making updates to a mission statement? Finally, what critical thinking questions does your team need to ask to update the mission statement? (Note: You will not be creating a new mission statement for this assessment.)
 
Step 1: Download and save Assessment 4 Template [DOCX]. uploaded below
Step 2: Copy your paragraphs from Assessments 2 and 3 directly into the template.
Step 3: Write two paragraphs (additional paragraphs can be created as needed).

In the first paragraph, address which functions you want to select team members from to develop a new mission statement.

Why?
What skills and characteristics make a good team member?

In the next paragraph, what ethical principles does your team need to consider when making updates to a mission statement?

Also include what critical thinking questions your team needs to have answered to update the mission statement.

Step 5: Add an introduction paragraph.
Step 6: Add a conclusion paragraph.
Step 7: Include all reference list citations and in-text citations.
 
Your assessment should also meet the following requirements:

Font and font size: Times New Roman, not larger than 12-point font.

Organization: Your writing should be well-organized and written in clear, succinct language.

Template: Use the Assessment 4 Template [DOCX] to help you organize your paper.

Grammar: Your work should be free of grammar and punctuation errors that would distract the reader’s understanding of the content.

Length: 4–6 paragraphs, in addition to references, plus prior work from Assessments 2 and 3.
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