Review Ch. 1. Case 1-14, Research Case-GASB.

Write a 175- to 350-word response.

Compare the financial reporting needs of the resource providers of government/not-for-profit organizations to the financial reporting needs of the resource providers of for-profit organizations.

Complete Exercise 3-22, Recording General Fund Operating Budget and Operating Transactions (Requirements a and b).

IMPORTANT! Journal Entries must be in proper format!

Complete this assignment in Microsoft Excel.

Recording General Fund Operating Budget and Operating Transactions. The Town of Bedford Falls approved a General Fund operating budget for the fiscal year ending June 30, 2017. The budget provides for estimated revenues of $2,700,000 as follows: property taxes, $1,900,000; licenses and permits, $350,000; fines and forfeits, $250,000; and intergovernmental (state grants), $200,000. The budget approved appropriations of $2,650,000 as follows: General Government, $500,000; Public Safety, $1,600,000; Public Works, $350,000; Culture and Recreation, $150,000; and Miscellaneous, $50,000.

Required

1. Prepare the journal entry (or entries), including subsidiary ledger entries, to record the Town of Bedford Falls’s General Fund operating budget on July 1, 2016, the beginning of the Town’s 2017 fiscal year.
2. Prepare journal entries to record the following transactions that occurred during the month of July 2016.
   1. Revenues were collected in cash amounting to $31,000 for licenses and permits and $12,000 for fines and forfeits.
   2. Supplies were ordered by the following functions in early July 2016 at the estimated costs shown:
   3. During July 2016, supplies were received at the actual costs shown below and were paid in cash. General Government, Culture and Recreation, and Miscellaneous received all supplies ordered. Public Safety and Public Works received part of the supplies ordered earlier in the month at estimated costs of $10,700 and $5,900, respectively.

   

3. Page 108Calculate and show in good form the amount of budgeted but unrealized revenues in total and from each source as of July 31, 2016.
4. Calculate and show in good form the amount of available appropriation in total and for each function as of July 31, 2016.

Differentiating Between Qualitative & Quantitative

In research, there are two types of research to discuss, qualitative and quantitative research. Qualitative research involves both collecting and analyzing non-numerical data. They examine this to help understand concepts, experiences and opinions. It can be used to gather insight into problems or generate new ideas for research. Qualitative research is used to understand how people experience the world. While there are many approaches to qualitative research, they tend to be flexible and focus on retaining rich meaning when interpreting data (Bhandari, 2020).

Common approaches include grounded theory, ethnography, action research, phenomenological research, and narrative research. They share some similarities, but emphasize different aims and perspectives (Bhandari, 2020). Some of the most common methods used in qualitative research are,observations, interviews, focus groups, surveys and secondary research (Bhandari, 2020).

Qualitative data can take the form of texts, photos, videos and audio. There are five steps that most types of qualitative data analysis takes. Step one is preparing and organizing your data. This may involve transcribing an interview or typing out notes. Step two is to review and explore the data found. Step three is developing a data coding system. This is when you establish a set of codes that you can use to categorize the data you have. Step four is assigning codes to the actual data. Lastly, step five is to identify any recurring themes. There are several specific approaches to analyzing qualitative data. Although these methods share similar processes, they emphasize different concepts (Bhandari, 2020).

Qualitative research often tries to preserve the voice and perspective of participants and can be adjusted as new research questions arise. Qualitative research is beneficial in flexibility, natural settings, meaningful insight and generation of new ideas (Bhandari, 2020). Qualitative research is more flexible rather than fixed (Maxwell, 2018). There are also disadvantages of qualitative research, which includes unreliability, subjectivity, limited generalizability, and labor intensive (Bhandari, 2020).

Qualitative research involves the collection and analysis of narratives and/or open-ended observations through methodologies such as interviews, focus groups or ethnographies (Ahmad, 2019).

Quantitative research involves both collecting and analyzing numerical data for a statistical analysis. You can use quantitative research methods for descriptive, correlational or experimental research. In descriptive research, you simply seek an overall summary of your study variables. In correlational research, you investigate relationships between your study variables. In experimental research, you systematically examine whether there is a cause-and-effect relationship between variables (Bhandari, 2020).

To collect quantitative data, you will often need to use operational definitions that translate abstract concepts into observable and quantifiable measures. Once data is collected, you may need to process it before it can be analyzed. Descriptive statistics will give you a summary of your data and include measures of averages and variability. You can also use graphs, scatter plots and frequency tables to visualize your data and check for any trends or outliers (Bhandari, 2020).

Quantitative research is a way to learn about a particular group of people, known as a sample population. Using scientific inquiry, quantitative research relies on data that are observed or measured to examine questions about the sample population (Ahmad, 2019).

References

Ahmad, S. (2019). Qualitative vs quantitative research. Journal of Evidence Based Medicine and Healthcare, 6(43). Retrieved 2022, from https://www.researchgate.net/publication/337101789…

Bhandari, P. (2020, July 30). What is Qualitative Research?: Methods & Examples. Retrieved October 18, 2020, from https://www.scribbr.com/methodology/qualitative-re…

Maxwell, J. A. (2018). Qualitative research design: An interactive approach. Thousand Oaks, CA: Sage.

It is similar to the HCP, but it is to 1) you might advocate for one or more specific solutions to the significant and current political/social/cultural problem that sits at the center of your focus; 2) you might locate the next steps to potentially solving your project’s central problem; or, 3) you might argue for why the current solutions do not work and leave your readers with questions about possible next steps. See more details in the files I uploaded!

(This is not purely essay but a project ! For example, you can writing a scientific report towards the topic. In that case, you can upload some interesting pictures that related to it, and some relevant data, )

1. Modern law enforcement operations and strategies are driven by best practices in the areas of data collection and manipulation, addressing special populations, and preventing organized criminal activities. A tremendous amount of specialization has evolved in today’s sphere of policing, especially among federal, state, and local agencies. Perhaps, what is most evident is how the law enforcement agencies of the federal government have retooled to meet today’s challenge of terrorism. Use your textbook, the Internet, and / or Strayer library to research credible sources on the aforementioned issues as they relate to law enforcement operations and management.Write a five to seven (5-7) page paper in which you:
   1. Identify and describe the major functions of the four (4) agencies of the Department of Justice. Of the four agencies, provide a rationale for which agency you feel has the greatest responsibility as it relates to federal law enforcement.
   2. Explain the purposes of the Uniform Crime Reports (UCR) and the National Crime Information Center (NCIC). Identify and discuss the various weaknesses related to the accuracy of the Uniform Crime Report (UCR).
   3. Describe the major roles of police executives using the Mintzberg model of chief executive officers. Of the executive roles described in the model, provide a rationale for which role you feel is the most important for a chief executive officer’s success.
   4. Examine two (2) legislative enactments that are in place to help combat terrorism. Provide your opinion on the effectiveness of these enactments in regards to combatting terrorism.
   5. Analyze the problems related to determining the actual numbers of hate crimes and what makes hate crimes different from other crimes.
   6. Use at least four (4) quality references including the textbooks. Note: Wikipedia and other Websites do not qualify as academic resources.

   Your assignment must follow these formatting requirements:

   • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
   • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

   The specific course learning outcomes associated with this assignment are:

   • Contrast the organization and administration of federal law enforcement agencies with that of state agencies.
   • Contrast the organization and administration of municipal law enforcement agencies with that of county agencies.
   • Visualize the future of policing in America and identify some of the forces and technologies shaping that future.
   • Use technology and information resources to research issues in law enforcement operations and management.
   • Write clearly and concisely about law enforcement operations and management using proper writing mechanics.

   Click here to view the grading rubric for this assignment.

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