Free Essays on Personality.

, individuals might be depicted regarding probability of their acting, feeling, or thinking with a specific goal in mind. For instance, the probability of their acting active and cordial or feeling anxious and stressed. Attribute is a fundamental unit of character and is organic premise. Human conduct and character can be composed into a progressive system that is appeared in progress of Hans Eysenck. The idea of characteristic accept that conduct follow a few examples, consistency additional time and across circumstances. Characteristic way to deal with comprehend personalit... Free Essays on Personality. Free Essays on Personality. There are four distinct ways to deal with get character. They are psychoanalytic and pschodynamic, phenomenological, learning and attribute draws near. This paper focuses on the attribute approach. Character speculations The working meaning of character implies normal for the individual that represent steady examples of feeling, thinking, and carrying on. Notwithstanding, for the attribute scholars, their definitions are very one of a kind. Gordon Allport states that the most significant structures of character are those that license the depiction of the individual as far as individual attributes. In this manner, the fundamental unit of character is close to home miens, which he called  ¡Ã¢ ¥trait⠡â ¦ and his character was used the idea of individual airs. Raymond B. Cattell characterized character as  ¡Ã¢ ¥that which allows an expectation of what an individual will do in a given situations⠡â ¦. This forecast can be estimated and portrayed by the source qualities. Hans J. Eysenck expresses that conduct can be considered as far as explicit reactions that some of them are connected together and structure progressively broad propensities. Gatherings of propensities happen together to frame attributes. He characterized qualities as  ¡Ã¢ ¥important semi-changeless character disposition⠡â ¦ (1981,p.3). Idea of quality hypothesis The essential supposition of the quality perspective is that individuals have expansive inclination, called characteristics, to react specifically ways. All together words, individuals might be depicted as far as probability of their carrying on, feeling, or thinking with a certain goal in mind. For instance, the probability of their acting active and cordial or feeling apprehensive and stressed. Quality is an essential unit of character and is organic premise. Human conduct and character can be sorted out into a chain of importance that is appeared in progress of Hans Eysenck. The idea of quality expect that conduct follow a few examples, consistency extra time and across circumstances. Quality way to deal with comprehend personalit...

Bank Corruption Literature Review Essay

Bank Corruption Literature Review Essay Bank Corruption Literature Review Essay Example Bank Corruption Literature Review Essay Example Arshad, S., Rizvi, S. (2013). Effect of debasement on bank benefit: An investigation of Islamic banks. Global Journal of Business Governance and Ethics, 8(3), 195. The writers of the article talk about the reality of bank debasement on the instances of Islamic nations. The fundamental case of the article comprises in the possibility that defilement is one of the most negative social procedures that bears negative impact on the economy of the nation. Arshad and Rizvi (2013) have a conviction that in spite of the negative aftereffects of the debasement, banks tend to succeed during this procedure. Also, the supposition that depends on the examination led on the correlation of the measure of debasement and the banks’ pay. The examination indicated that the more degree of defilement in a nation is, the greater success the banks understanding. This presumption can be portrayed as a dependable one because of the acquired outcomes. Moreover, this thought can be utilized in the monetary arranging: the activity of defilement must be moved in the right bearing, which, from one perspective, would control the degrees of debasement, and then again, balance its level with banks’ thriving and positively affect a country’s advancement. As a result, this technique can be applied to the monetary approach in regards to different sorts of guidelines planned for controlling the equalization and connection among defilement and bank framework. Bodenhorn, H. (2015). Bank contracting and political debasement in prior to the war. National Bureau of Economic Research, Corruption and Reform: Lessons from Americas Economic History, 231-257. Talking about the kinds of approach that are called to team up with banks and personal business, the writer of the article respects the thought of debasement in the structure of the contemporary particularities of the economy. Alongside this, the creators recognize the points of interest and disadvantages of the majority rules system as a political force regarding the banking on the planet. Having directed the exploration, Bodenhorn (2015) claims that banks tend to â€Å"provide some gratefulness for the potential scale for defilement and bribery† (Bodenhorn, 2015, p. 240). At the end of the day, comparably to Arshad and Rizvi, the creator sees an extraordinary advantage of bank debasement. From one viewpoint, in the light of bank debasement, there is just one side that endures a nation. Then again, the thriving of the banks is an appearance of the country’s prosper, regardless. It implies that the advantages that can be removed from bank debasement need to move a similar way with the expressed approach of a nation. Applying this perspective to the official strategy would add to the ascending of the expenses and charges installment sum, which is commonly recognized to be essentially significant for a nation. Casillas, G., Paredes, D., Cervantes, A., Torres, S. (2015). New measures to battle debasement and irreconcilable circumstance. The writers of the article are persuaded that defilement ought not be viewed as something totally unforeseen. They imagine that defilement is as common as, for example, races or a law-production process. It is important to respect this wonder according to another perspective. The primary case of the article comprises in the suspicion that it is imperative to set up a supposed feeling of straightforwardness. The more administrative command over economy and bank framework is delivered, the more precision and straightforwardness will it give. This proposition is worth of the further respect since the popular government, just as the social request set quite a while back, needs refreshing. This assumes the difference in the things and the perspective, which had been inadmissible for or not comprehended by the individuals. This kind of things includes the defilement and its indications inside society. Positively, it sets aside some effort to make another arrangement of the strategies, which would join the premise and conventions of the previous styles of overseeing. It is vital, in any case, to comprehend the course of time and its particularities, which require to be forward-thinking, and to make a framework that would give the fruitful working of a nation. Subsequently, executing debasement in the bank arrangement of a nation will allow to improve the state financial plan because of the cash approaching. Campos, J., Pradhan, S. (2007). The numerous essences of defilement. Washington, D.C.: World Bank. The book being referred to talks about the historical backdrop of the wonder known as debasement. The writers furnish a peruser with various stories that represent how debasement was far reaching all through the humankind’s history. Campos and Pradhan (2007) assume that defilement has consistently been a necessary and indistinguishable piece of the general public and legislative issues. As a result, the writers have a conviction that bank debasement as a spread disposition of the contemporary society has an option to exist. The fundamental system gave in the book is focused on the supposition that bank defilement should be an administrative wonder, which will adds to the country’s thriving. Investigating such a methodology, it is conceivable to make the determination that bank debasement is turning into a positive inclination. Oppositely, the creators accept, defilement has never been a positive wonder. The fact of the matter is that it is a significant and complex undertaking for the legislature to transform it into a valuable one and make it bring productive outcomes that are normal. As such, the numerous difficulties that various nations of the world are at present confronting can be met by making debasement a positive occasion. Clearly, it is important to expand a very much laid arrangement that would be followed during numerous years. Actualizing such a dream of debasement will absolutely change the world and make it live and work in another manner. Johannesson, I., Steendam, M. (2014). Will portable banking decrease the nearness of defilement? A minor field concentrate in Kenya. The article composed by Johannesson and Steendam (2014) speaks to a fresh out of the box new way to deal with the idea of defilement. The writers of the article don't express that debasement ought to be sanctioned or make an accentuation that it is a positive marvel. The answer for the bank defilement proposed in the article is described as the most creative, and it is required to deliver productive outcomes. In their article, the writers talk about an interactive media stage known as M-Pesa called to settle the country’s monetary and financial issues by controlling and watching the immense aggregates of cash circling in the banks. This will allow to discover and demonstrate the reality of defilement and its sum. In actuality, this program can be suggested in most of the greatest world banks, just as the banks of the poor nations. The last ones are the most appropriate for this program since the wonder of defilement is amazingly spread inside their economies. Execution of the program is called to fill in as an incredible asset in defeating the negative results of defilement. Kolstad, I., Fritz, V., O’Neil, T. (2008). Defilement, hostile to debasement endeavors and help: Do contributors have the correct methodology. The article being referred to speaks to a consequence of the venture directed so as to build up the linkage between successful administration standards and the destitution rates decline. The creators have a conviction that defilement is a component that lies between these two perspectives. It has neither positive nor negative effect. This wonder, in the authors’ conclusion, is called to separate the nations into such classes as poor, creating or rich. Bank defilement as a basic piece of the general debasement serves, likewise, as a device that shows whether a nation can rise above starting with one class then onto the next and demonstrates what measure of endeavors ought to be taken. This methodology depends on the exploration directed and the outcomes got. As per its outcomes, the continually developing enthusiasm for debasement is dictated by the need of it decrease or making it assume a job of contributing variable in a country’s economy. The thoughts introduced in the article can be deciphered in a double manner; in any case, it is important to comprehend that such a dream of debasement in the bank region is worth of executing so as to help conquer destitution in the nations that experience it. Krudop, J. (2010). Enduring monetary debasement: The assault of a maverick bank. Tate Publishing. The book under examination speaks to a monetary and financial issue of bank debasement experienced in the USA. The book is worked as a diary with logical clarifications and evidences of the wonder of bank defilement. The creator expresses that the fundamental thought here isn't to battle against it, yet change the perspective so that would make bank debasement work to serve the nation. Such a methodology is one of the most dynamic, and it sums up the thoughts of the referenced above articles and books, which express that the most ideal approach to stop any socially recognized negative marvels is to sanction them. Having the bank debasement authorized will, most importantly, stop the reality of battling; also, it will coordinate the progressions of cash into the essential regions. As an outcome, the states and nations will have an additional pay for their nearby and focal spending plans. This reality is called to add to the development of economy and industry, improving people’s personal satisfaction. The way toward changing the comprehension of debasement inside banks will actualize the more current vision of bank framework. Private enterprise, as the creator has a conviction, has two different ways to exist these days: from one viewpoint, it can remain the equivalent and stop its current by sel

Inflation and Government Economic Policies Essay

Expansion and Government Economic Policies - Essay Example Financial specialists will in general view moderate expansion well as it empowers an economy to withstand a downturn and enables money related strategies to balance out the economy. Also, swelling fills in as a benchmark for a developing economy. Expansion might be managed through money related and financial strategies by the fiscal specialists. The Consumer Price Index is a proportion of varieties in the expense of a container of items purchased by families in a given period. Swelling can be evaluated as the yearly positive change in the Index. As appeared in Table 1, since 2000 the C.P.I. has kept up a consistent ascent, aside from 2009 when it fell (U.S. Authority of Labor Statistics., 2015). Such an expansion in the Consumer Price Index has been because of expanded purchasing by the shopper. The longing to have the most recent electronic device has basically added to the expanded buying, bringing about a positive change in the C.P.I. Furthermore, C.P.I has been influenced by the measure of discretionary cashflow and the general costs of contending wares. Then again, Producer Price Index (P.P.I) is a normal proportion of the adjustment in the retailing costs paid to inner makers for their yield. While the P.P.I has consistently been in steady motion, the adjustment in the costs has consistently been a positive change. The increments in maker costs are because of the expanding cost of crude materials and wellsprings of vitality. Because of the continually fluctuating costs of oil, which is a significant crude material or wellspring of vitality, the P.P.I has constantly mirrored the transition experienced in the worldwide oil costs. In 2009, PPI encountered a negative change because of falling costs of crude materials during the monetary emergency as appeared in Table 2 (U.S Bureau of Labor Statistics., 2015). Shopper Expenditure Survey (C.E) is a government overview that tracks the buying conduct of American purchasers through the Quarterly Interview Survey and the Diary Survey. Since

PSAT vs. SAT Whats the Difference

HomeApplyCollege prepPSAT vs. SAT: What’s the Difference?This page may contain affiliate links.Oct 30, 2019When it comes to standardized tests, the PSAT and SAT are pretty similar. In fact, the PSAT is part of how your student can prepare for the SAT. When you dig a little deeper, however, youll find that understanding the purpose of these two tests and how they are used in your student’s academic career is an important part of preparing your child for college. Let’s take a look at key differences now Comparing the PSAT and SAT As similar as the two tests are, its important to be aware of the different purpose each one serves. SAT The purpose of the SAT is pretty simple. It is a standardized test that is intended to measure a high school student’s readiness for college. The test gives colleges and universities a common data point that they can use to compare similar students. The SAT score your child receives will have a big impact on what colleges they are able to gain admission to, and what merit aid they will be offered at those schools. Your student can take the SAT multiple times to try to get better scores, but they will have to pay for the exam each time. Its better to prepare well and take the test once or twice, however, than to take it over and over hoping something will change. There are strategies a student can employ in order to raise his or her score. PSAT The PSAT has two purposes. It helps students prepare for the SAT using an exam that is substantially similar, but without the pressure to â€Å"do or die.† This test is not used for college admissions, but it gives students a good idea how well they’ll do on the SAT. In addition, when taken during a students junior year in high school , the PSAT is also the qualifying test for the National Merit Scholarship, which is why the full name of the exam is PSAT/NMSQT. The PSAT can only be taken once per year, generally in 9th – 11th grade. Content in the PSAT vs. SAT The content in the PSAT is structured the same as the SAT. There’s a reading/writing component and a math component. However, the PSAT is about 15 minutes shorter. Because it’s intended for juniors, some of the questions are grade-appropriate for 11th grade rather than the SAT which is aimed at 12th graders. You’ll notice that the PSAT score range is 320 – 1520, while the SAT score range is 400 – 1600. The PSAT is an excellent preparation for the SAT because it has the same types of questions and covers the same areas. When you prepare for reading and writing for the PSAT, for instance, you’re covering the same material that will help you do well on the SAT. PSAT to SAT Conversion The PSAT and SAT are so similar that you can read your PSAT score as equivalent to your expected SAT. In other words, if you got a 1400, you can expect around a 1400 on the SAT as well. And, if your score is extremely high, you can expect it to match a higher SAT score. For instance, if you get the maximum of a 1520 on the PSAT, you may be able to reach the maximum of 1600 on the SAT. If you aren’t happy with your PSAT score, don’t despair. You have plenty of time to do test prep for the SAT and improve your results. You’re not locked into that exact score – it’s just a record of where you stand on that particular day. You can also look to your PSAT score as a gauge and use it to start a plan. Preparing for the PSAT and SAT The good news when it comes to looking at the PSAT vs. SAT is that the preparation is the same for both exams. If you feel that your student is capable of getting a high enough score to qualify as a National Merit Scholarship Semifinalist, it pays to put a lot of work into preparing for the junior-year PSAT. All of that work will carry over when it’s time to take the SAT as well, since the same subject areas are tested in much the same way. If the junior year PSAT didn’t go well, there’s still a lot of time to get ready for a better score on the SAT. Your student can take advantage of study guide books, online programs, and paid test prep tutoring. Before you choose what to invest in, be sure to ask for recommendations from those whose students did well. Members of our Paying For College 101 Facebook group recommended the following resources that their students had success with: 1. KAPLAN PSAT/NMSQT PREP 2. CRACKING THE PSAT 3. OFFICIAL PRACTICE PSAT EXAMS FROM THE COLLEGE BOARD 4. KHAN ACADEMY PSAT PRACTICE Finding Schools Generous with Merit Aid Testing and preparation are only part of the picture when it comes to getting your child into the right college. You also want to find colleges and universities that are generous with merit aid. Sometimes even being a National Merit Semifinalist can open doors! If you’re interested in which schools can give the most aid for your family, we’re here to help. Check out our College Free Money Finder today to find the colleges most generous with merit scholarships.

Accounting And Computer The Summa By Lucia Pacioli Essay

Abstract Nowadays, accounting and computers are interrelated with each other. Almost every business or people depend on computer for their day to day work, for many of us it has also become a part of our life. But on those days when computer were not in used for doing the business transaction or recording the financial notes, it was really hard to track assets and liabilities and to find out the actual profit and loss. Until 1974, the pattern of doing accounting was same as ancient Egyptians had started doing it 3000 years before. People during 1980’s didn’t even believe that they need computers. Gradually accounting style started to migrate from Europe to the middle east and then west. As the business grows bigger and is run by more than one person, it needs systematic way to monitor the cash. Then the Double Entry System took a birth in Italy in 13th century, which got more popular after the publicity of book called ‘The Summa’ by the writer Lucia Pacioli (known as father of accounting). However, the change in technology didn’t made any differences until the price of computers became really cheap. There was a time before the days of Microsoft or PCs when Mark Silberman, managing director of AccFin, used to lease out the firm’s computer at R900/hour to break even. But in mid-1980’s IBM launched the PC, which took the rapid evolution on accounting system from paper based to spreadsheets. Accounting history of Australia But talking about Australian accounting history,Show MoreRelatedAccounting Software For A Business Essay1257 Words   |  6 PagesIndividual Assignment Name: Altaf Gohar Roll no: EAB2389 Accounting Software/Packages used in Australia Accounting  is referred as an art of collecting, classifying, and manipulating financial data for organizations and individuals.  It  is also used to determine financial stability or financial health of organizations. Accounting is the language of business and figures and is widely used as a means of communication for financial world, without it businesses cannot survive. It is important because

Explore the Reasons for the Resurgence of the Klu Klux...

Explore the reasons for the resurgence of the Ku Klux Klan movement in 1920s America and the political changes it caused. In the 1920s North America experienced a huge rise in immigrants from black, Hispanic and Jewish backgrounds. For the most part they settled in slums, took on poorly paid work and lived lives far removed from most white middle class families. Many traditional northern and southern white Americans were uneasy with this sudden influx and it helped create social tension, particularly in the southern states. The Ku Klux Klan had virtually disappeared for the last part of the 19th century, so the widespread and violent resurgence of the movement took many by surprise. In its earlier incarnation, it had been only†¦show more content†¦The film was banned in many states and the screenwriter, D. W. Griffith, was encouraged to make a follow-up film named ‘intolerance’ in response to the critics of the film, who deemed the film to be ‘unforgivingly racist’. Some critics thought the film deceitful propaganda. Yet the damage was already done and the film was responsible for a huge growth in membership of the Klan after its release in 1915. As friends and neighbours of those who signed up for membership followed suit, the film acted as a â€Å"slippery slope† mechanism. Tellingly, Woodrow Wilson was quoted as saying that it was ‘one of his favourites’. Unlike the earlier movement in the 1860s the so-called †2nd movement† was the first time there was real resentment towards the Catholic Church: a major plank of Klan ideology is patriotism and the movement emphasized that the US constitution was ‘built’ on the Protestant church, with Catholicism being a breach of that. In North America at the time there was an increasing number of Catholic schools. This fuelled religious intolerance which in turn increased KKK membership and therefore the overall rise of the Klan. The prohibition of alcohol at the time was an ideology of the Klan, as they believed alcohol was the work of the devil and did not fit in with traditional protestant thought. Therefore the use of bootleggers in everyday society was seen as sinful, and the question of non-Christians promoting alcohol provoked anger amongst

Capital Investments and Financial Ratios †MyAssignmenthelp.com

Question: Diacuss about the Capital Investments and Financial Ratios. Answer: Introduction: A stakeholder can be specified as an individual or group which affects the actions of business. They might be internal or external, but they have a stake in the company. They might also include people who have the strongest interest in the effort of academic, political or philosophical reasons even if their families and friends are not directly affected by the same (Nezlobin, Rajan and Reichelstein, 2014). In the present case the major stakeholder in the debate of health warnings on cigarette packs are: Shareholders: They are part of primary stakeholders as they are usually engaged in economic transactions with business. Primary Stakeholders are a group of people which affects directly to the organisation either positively or negatively through their actions in the organisation (Butterfield, 2013). Managing Director (Randall Hedges): Managing director is a part of secondary stakeholders. This group affects the organisation indirectly whether positive or negative. It comprises individuals and organisations which live closer to the organisation and offer service directly to them (Delen, Kuzey and Uyar, 2013). The marketing manager (Mary Blender): He is part of key stakeholders group. These stakeholders do not comprise in both above groups, but the same are important for the organisation. The major reason behind assessing and ascertaining stakeholder is to allow the management to recruit them as a part of the effort (Chambers and Dean, 2013). Main ethical issues involved: Professional management accountant has established a professional ethical standard as the same develop trust in the relationship between employer and employee. As per the views of Fullerton, Kennedy and Widener (2013), this standard provides assistance in facing ethical dilemmas and provide a guarantee to users that they have been provided qualitative information. In the present case, the ethical issue which has faced by the organisation is that whether the heat warning should be printed on cigarette packs or not, as the same is not compulsory as per the Asian law. The marketing manager of BBT is of view that in case the warning is printed the same will affect the profit and in business profit making is the bottom line. But the manager of the company is of view that if we want to see long term profit than all the relative facts must be made known to the customer as it is companys corporate responsibility (Nezlobin, Rajan and Reichelstein, 2014). Thus it can be concluded that the ethical issues which are being debated by the management are whether to go for profit making objective and not to display health warning on cigarette pack or to consider the corporate responsibility and provide same details even if it is not compulsory as per law applicable in Asia. The Institute Management of Accounts has developed Standards of Ethical Conduct for Management Accountants which are to be followed by complying four basic principles which are integrity, competence, confidentiality and integrity (Gibbons and Kaplan, 2015). It is true that profit and sustainability can be achieved only if you be loyal to the customer and provides all essential information relating to your products. In the present situation, if I had been at Randall Hedges place, even I would have decided to give priority to long-term benefits and to proceed further with acting in accordance with corporate responsibility. I would have presented concern towards customers and display health warning on the cigarette packs. Thus in the present case, the decision should be taken in order to maintain a high level of professional competence as management accountants have an obligation to ensure the same on a continuous basis. As per the views of Weiss (2014) the objectivity which is being expected from management accountants is that they should provide and communicate correct information even in the case the same information is not in favour of those who requested it. It can be said that ethical issues which are faced by the management can be resolved by applying integrity, creditability and objectivity. It is because; the decision regarding this is taken after application of these factors is always beneficial for the organisation. Management is also obliged to avoid conflicts of interest and do not accept those benefits which might influence their current or future actions (Nezlobin, Rajan and Reichelstein, 2014). Hence, the decision made by Randall Hedges is correct, and even I would have taken the same decision if I had been at his place. Accounting provides a range of financial information to users and with the application of same they make appropriate judgments and decisions concerning with business. It can be said that accounting has two major strands: management accounting and financial accounting. Management accounting accomplishes the requirement of business managers, and financial accounting accomplishes requirement of another group of users like investors, etc. Financial reporting includes financial statements (statement of financial position; profit and loss account, statement of owners equity and statement of cash flows) which are periodically presented to users and parties outside management. The main purpose of the statement of financial position is the present financial position of a business at a particular point in time. The data which is being made available on financial reports is often approximate rather than being accurate or exact in measures. As the measures generally involve estimates, approximat ion, judgments and allocation an approximation of figures are available in financial statements (Haustein, Luther and Schuster, 2014). The main objective of general financial accounting information is to provide data to different users in accordance with their unique circumstances and requirements. However, the specified objective provides much of interest and controversy in accounting and the same is resolved by standard established by FASB. The basic essential characteristics which are present in a financial statement through which the available information is a judge are comparability, verifiability, timeliness and understandability. Due to the above-specified characteristics, financial statements are being able to help the user to make a decision about future actions; as the same is predicted on the basis of present performance. For example income statement provides details regarding the earnings of the company and the fact that whether it is performing up to the mark or not. Through assessing the same investors makes a decision regarding the future value of amount which they have invested in the organisation. As per the views of Horngren and et..al. (2013), information available in financial statements is material and the same is related to both nature and size of the particular item. Immaterial items are not evaluated for the purpose of economic decisions. The materiality is determined relating to dollar element ava ilable in financial statements. According to the rule, transactions worth more than five percent of net income are treated as material. But there are some exceptional cases to it such as a small theft need to be assessed in deep even if the same is a small amount. Financial statements provide all the information which is required for understanding them. The management also provides details relating to significant events which arise after the date of balance sheet such as the purchase of a piece of land for future subdivision (Kaplan and Atkinson, 2015). But the same could not be continued as Environment Protection Agency asserted that the same land was once a toxic waste dump. This information might change the present point of view of investors towards the company (Zadek, Evans and Pruzan, 2013). Thus in above-specified ways, financial statement assists for future actions. No bean counter knows more about my responsibilities than myself, I know that accountants are required to maintain records for shareholders, but I dont want them to stick their nose in my day to day work. The attitude of plant manager towards his responsibility is not correct; it seems that he knows about his responsibilities, but he does not like interference while performing the same obligations. Management accounting is a profession that comprises partnering in a management decision, devising planning and analysing management system, providing a suggestion in financial reporting and controlling and supporting the management in the application of organisation strategy (Nezlobin, Rajan and Reichelstein, 2014). According to the study of Krishnan (2015), the manager is responsible for evaluating the shareholder value by appropriately assessing the information of the internal business process, management planning and increasing the same by effective application of resources. Management of an organisation is responsible for ensuring that all the assets and liabilities of the company are appropriately recorded, and the information relating to profits are adequately provided to shareholders as well as other interested parties (Lim and Perrin, 2014). Shareholders make a financial investment in the organisations which provides them power to vote and to elect a director. They do not have any right to interrupt directly in management, and the connection is made through Board of Directors. In case the shareholders are not satisfied with the performance of directors, that they have right not to re-elect them or remove them (Rechberg and Syed, 2013). Thus it can be concluded that the manager is correct in saying that daily interruption of the shareholder is not bearable as they do not have any such right. Management owes a duty to the corporation and not to its individual shareholders. The distinction is not significant as the decision which is beneficial for shareholders is beneficial for corporation too (Loyeung, Matolcsy and Wells, 2016). Though, it is not necessary that the short term gains on investments objective of shareholders remain consistent with long-term goals of the company. The present interpretation of management accountant is to consider the interest of corporation through their future actions. There might be instances in which the interest of corporation might diverge with interest of a particular group of shareholders; thus the decision in taken in accordance with particular available circumstances (Maas and Van Rinsum, 2013). Thus in the present case, it could be said that the manager should take a decision in the best interest of the corporation and did not required to consider individual profit of each shareholder and neither their interference in his day to day operations. I agree with the specified statement that knowledge of technical issues such as computer technology is essential but not a sufficient condition for being a successful management accountant. It is because; other basic fundamental qualifications are also necessary for being successful. The basic fundamental skill in order to be a successful management accountant is an aptitude and interest in numbers, business, production process and helping the management in their daily operations. As per the views of Mazhambe (2014), a solid foundation of accounting skills comprising knowledge of basic accounting, GAAP and knowledge relating to taxation and finance is required by a management accountant so that he could accomplish his obligations. Knowledge of technical issues as computer technology might provide in resolving some part of obligations as the evaluation of data available on computers, but all the obligations cannot be accomplished with the same. As a management accountant, one requires a strong foundation in economics and other skills such as presentation and communication skills, writing, interpersonal skills, etc. (Otley and Emmanuel, 2013). It is because; the main duty of management accounting is to help users and management in making the best decision possible from the available information and the same cannot be made just by having knowledge of technical issues. Particulars 2010 2011 2012 2013 2014 2015 Cash 5200 7399 5800 4200 1700 3000 Accounts receivable 1600 100 9134 4200 7600 2200 Inventory 2800 7300 8400 9900 3964 8700 Prepayments 300 2000 8500 9860 8100 2600 Total current assets 9900 16799 31834 28160 21364 16500 Accounts payable 1800 8500 5800 4700 8900 8100 Accrued liabilities 2000 2000 3400 5700 1600 4000 Wages payable 1500 5200 2200 5600 9100 7900 Total current liabilities 5300 15700 11400 16000 19600 20000 Current ratio 1.87 1.07 2.79 1.76 1.09 0.825 Quick ratio 1.28 0.48 1.31 0.525 0.47449 0.26 Current ratio = Current assets / current liabilities (Sunarni, 2013) $9900 / $5300 = 1.86 Quick ratio = Current assets - inventory prepaid payments / current liabilities ($9900 - $300 - $2800) / $5300 =1.2 Current ratio = Current assets / current liabilities 1.07= ($9400 + cash) / $15700 Cash = $7399 Current assets= Cash + accounts receivable inventory + prepaid payments =$16799 Quick ratio = Cash + account receivable / current liabilities 1.31= ($5800 + account receivable) / $11400 Account receivable = $9134 Current assets= Cash+ accounts receivable + inventory +prepaid payments =$31834 Current ratio = Current assets / current liabilities = $31834 /$11400 =2.79 Current ratio = Current assets / current liabilities 1.76= ($18300 + Prepayments)/$16000 Prepayments = $9860 Current assets= Cash+ accounts receivable + inventory +prepaid payments = $28160 Quick ratio = Current assets - inventory prepaid payments / current liabilities ($28160 - $9900 - $9860)/$16000 =.525 Current ratio = Current assets / current liabilities 1.09= ($17400 + Inventory) / $19600 Inventory = $3964 Current assets= Cash+ accounts receivable + inventory + prepaid payments = $21364 Quick ratio = Current assets - inventory prepaid payments / current liabilities ($21364 - $3964 - $8100) / $19600 =.47 Quick ratio = Current assets - inventory prepaid payments / current liabilities .26 = ($16500 - $8700 - $2600) / $11900+accounts payable $11900 + accounts payable = ($16500 - $8700 - $2600)/.26 Accounts payable = $8100 Current liabilities= Accounts payable + Accrued liabilities + Wages payable = $20000 Current ratio = Current assets / current liabilities =$16500 / $20000 .825 References: Chambers, R.J. and Dean, G.W.2013. 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