Explain to her the similarities and differences between financial and managerial accounting.

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You have recently hired a new assistant, Susan Thompson, who previously worked in a financial accounting office preparing journal entries, which provide you with a recording of the day-to-day activities of the company and financial statements (income statement, statement of owners’ equity balance sheet, and cash flow statement). Although your new assistant has experience with and fully understands financial accounting, she has no experience with managerial accounting.  (750 – 1,000 words, not including title page and references)

Part 1

In a memo to your new assistant, Susan Thompson, complete the following:

  • Explain to her the similarities and differences between financial and managerial accounting.
  • Provide examples of managerial accounting reports that she could expect to see within EEC, and explain how management might use the information to make decisions.
    • Keep in mind that although the income statement, the statement of owners’ equity balance sheet, and the cash flow statement are generated in financial accounting, they are used to develop all of your managerial accounting reports.
    • Examples of a few of those reports are the horizontal analyzes, vertical analyzes, and ratios.

Part 2

In a memo to the board of directors, discuss the information found in each of the following financial statements, and describe how accounting information is used by managers for planning and control:

  • Balance sheet
  • Income statement
  • Statement of cash flows
  • Statement of stockholders’ equi

 

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the danger of a single story (reflection)

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Instructions
Watch the TED talk “The Danger of a Single Story” by Chimamanda Adichie and write a reflection regarding any aspect of the video.  If you need ideas, consider the questions below.  Your reflection should be 200-400 words in length. 

Complete the following steps:
Watch “The Danger of a Single Story (Links to an external site.).”  https://www.ted.com/talks/chimamanda_ngozi_adichie_the_danger_of_a_single_story
Write a reflection regarding any aspect of video of 200-400 words in length.
Consider these questions:
What is a single story?
How is a single story created? 
What are the consequences of a single story?
The speaker says that we need to engage in all stories of a place or person.  Is this possible?  Why or why not?
Turn in reflection. 

Week Eight Term Project Research Paper

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  • Frame your topic as a business problem/challenge
  • Discuss how marketing research is used to identify and exploit business opportunities
  • Examine the role of ethics incorporating concepts from the field of marketing and psychology
  • Discuss how combining marketing and psychology perspectives/methods would contribute to the resolution of the problem/challenge
  • Include a limited quantitative discussion and analysis of the business problem/challenge (be sure to incorporate accurate calculations, estimates, risk analyses or quantitative evaluations of the problem/challenge)

Guidelines:

1. Paper must be in APA 6th or 7th edition format
2. Paper must be double spaced and include a title page
3. Paper must be 5 pages excluding the title and reference pages. 
4. Paper must contain a minimum of five (5) scholarly sources from professional publications. 

 

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Can someone’s personality change throughout their life?

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Essay Question: Can someone’s personality change throughout their life?
Background:
Your cousin recently had a baby boy, and you can’t help but wonder how he is going to develop and what he will be like as he gets older. You know your aunt subscribes to the old adage ‘like father, like son’, and you recently read a quote from the psychological researcher’s Costa and McCrae who said that personality is ‘set in plaster’ after a certain age. However, you feel a little skeptical of such black and white statements and think it might be a little more interesting and complicated than they suggest. You’ve recently heard about attachment theory and John Bowlby’s notion of Internal Working Models, and you start wondering about what personality is and whether it can change, as well as what the impact of our early life experiences might be.
You have heard that the search engine “Google Scholar” is one way to look for peer-reviewed articles and may help to answer your question so you start searching.

Essay Question:
Can someone’s personality change throughout their life? In answering this question you must provide support for your argument, and this must include empirical research studies and/or reference to theoretical models of personality development. Also, be sure to consider how the theoretical orientation of the researcher influences their assessment of whether or not personality can change. In your answer, cite at least four research articles that support your position, and challenge and critique at least one study’s findings which are contrary to the position you have taken.

Starter references:
Sroufe, L. A. (2005). Attachment and development: A prospective, longitudinal study from birth to adulthood. Attachment & human development, 7(4), 349-367.
Costa Jr, P. T., & McCrae, R. R. (1994). Set like plaster? Evidence for the stability of adult personality. In Heatherton, Weinberger (Eds);. Can personality change? , (pp. 21-40). Washington, DC, US: American Psychological Association.
McIlwain, D. (2008). Cascading constraints: the role of early developmental deficits in the formation of personality styles. In S. Boag (Ed.) Personality down under: perspectives from Australia (pp.61-80). New York: Nova Science Publishers Inc.
Karen, R. (1990). Becoming attached. The Atlantic Monthly, 265(2), 35-70.
Heatherton, T. F., & Nichols, P. A. (1994). Conceptual issues in assessing whether personality can change. In Heatherton, Weinberger (Eds);. Can personality change? , (pp. 21-40). Washington, DC, US: American Psychological Association.
Hudson, N. W., & Fraley, R. C. (2015). Volitional personality trait change: Can people choose to change their personality traits?. Journal of personality and social psychology, 109(3), 490