Response to Comments on DQ1 C and DQ2 KSmith,Wk3 Essay

Response to Comments on DQ1 C and DQ2 KSmith,Wk3 - Essay Example You mentioned that the annual report is the most important report prepared by corporations for the shareholders and other stakeholders. I agree that the annual report is the most informative corporate statement since it provides valuable information about the business, its finances, and the strategic goals of the enterprise. Learning the basics about financial statements can help investors make better investing decisions. DQ2 The use of a classification system in the balance sheet is very useful because it creates consistency between statements. Investors can utilize the information contained in the classified balance sheet to perform quantitative financial analysis such as ratio analysis, variance analysis, or sensitivity analysis. The list of assets included in the classified balance sheet is ordered from top to bottom with the top accounts representing the most liquid ones. The most liquid financial asset is cash (Investopedia, 2011). When I answered this question originally I als o could not think of any additional classification that could add value to the classified balance sheet. The balance sheet internal structure follows the logic of the basic accounting equation which states that assets equals liabilities plus stockholder’s equity. The format used in the classified balance sheet is very easy to understand which makes it easier for teachers to teach accounting students.

Analysis of Criminological Theory Assignment Example | Topics and Well Written Essays - 750 words - 3

Analysis of Criminological Theory - Assignment Example For the purpose of researching and understanding victimology, scholars thus developed theories that attempt to explain victimization and its causes, a few of the most common and important ones being victim precipitation theory, lifestyle theory, deviant place theory and routine activities theory (Siegel, p73). Victim precipitation theory suggests that some individuals cause or instigate a particular confrontation, which may ultimately lead to their victimization through injury or death. Such precipitation on the victim’s part can be either active or passive, with the active one existing following the victim’s deliberate provocative actions, use of threats or fighting words or simply attacks first. In rape cases, for instance, courts have presented not-guilty rulings anchored in whether or not the victim’s actions were in any way appearing to consent to sexual relations, for example, how a woman was dressed. Passive precipitation, on the other hand, transpires when the victim possesses features that inadvertently threatens or motivates the attacker. The existence of such crimes can be due to personal conflicts like two persons competing for a job, a promotion, a love interest or any other rare or desirable entity. It may also exist if a victim is involved in a particul ar group that threatens or offends someone's reputation, status or economic well-being. Research reveals that economic power reduces victimization risk since passive precipitation often exists in relation to power (Siegel, p73). Next is the lifestyle theory. Siegel asserts that majority of criminologists hold that individuals whose lifestyle increases their exposure to criminals are more likely to happen to be crime victims. Behaviors like residing in cities, associating with younger men and going out late at night raise the likelihood of falling victim to crime.