“Business Formation” Please respond to the following.

• Explain the major advantages and disadvantages of a business owner with minimal accounting experience maintaining the company’s books instead of hiring an accountant. Discuss the major impact to the users of accounting statements if the statements are prepared in error. Provide support for your position.

NOTE FROM THE PROFESSOR:

This class starts off with a pretty broad question regarding this course but I am interested in your individual strategies and will tailor my teaching efforts to meet your needs and aspirations.

One thing I know for certain is that  business owners and managers would benefit from even a slight amount of additional accounting knowledge.  Too many businesses succeed for a while, sometimes a long while, in spite of management.  Additional knowledge would only enhance prospects for profitability and a long life.

The readers of financial statements will be either potential lenders or investors.  So, the real purpose of them is to convince individuals to invest or loan money to the business.  Please keep that in mind.

This is our second progress paper. This progress paper should focus on your final Energy Balance project outline, and illustrate that some research and drafting is being made. This paper is due online this Friday (November 9th, Week 7), by 11:59 PM, Pacific Time.

Your second progress paper should be 2 full pages in length, and this should only be an outline with bullet points. You do not need to start writing, but you need to demonstrate that you are outlining your project.

For the Energy Balance project you need to submit a brief outline that includes an Introduction, Methods and Materials and subpoints, Results and subpoints, Discussion and subpoints, and Conclusion. If you have read all of the information I provided you, you will notice that I have already basically provided an outline for you in the Final Project module files. Therefore, you will also need to illustrate that data has been gathered, which can include tables, graphs, calculations, etc. Again, this only needs to be an outline with bullet points.

You also need to include a reference or literature cited page. Grading will be based on completeness of your outline and demonstration of progress being made towards your final draft, as detailed by the general rubric below.

To help better evaluate your paper, you need to upload your paper as a pdf or word file. Progress papers are worth 10 points total. Late submissions are penalized per day/late. Finally, a general rubric that will be used to grade this second progress paper is as follows:

• Following outline and format directions:
  • 2 pages. In light of quality, it might be more (2 pts)
  • Includes outline of Introduction, Methods, Results, Discussion, and Conclusion, with demonstration of data having been or being gathered (4 pts)
  • Includes reference section (2 pts)
• Illustrates proper organizational skills (2 pts)

Review Ch. 7 of Oxford History of Art: Twentieth-Century
American Art, the Week Four Electronic Reserve Readings, your Video
Reflections, and at least one additional scholarly online or library
resource.
Prepare a 5- to 10-slide Microsoft® PowerPoint® presentation in which
you examine the connection between the work of Andy Warhol and
popular culture.
Include responses and discussion of the following in your presentation:
• An overview of Andy Warhol’s biography
• A description of Pop Art
• A description of at least 3 works produced by Andy Warhol
• A discussion of how Warhol’s themes and subjects examined
American culture
Submit your Pop Art and Andy Warhol Presentation.
• For Local Campus students, these are oral presentations
accompanied by Microsoft® PowerPoint® presentations.
• For Online and Directed Study students, these are
Microsoft® PowerPoint® presentations with speaker’s notes which
support and expand upon your bulleted text.
Format your presentation consistent with APA guidelines and include a
slide with all references

• • Use the question prompts below to help shape your journal. The minimum word count is 200 words for the summary. If you include the question prompts in the journal, please do not inadvertently count the questions toward the word count.
• Questions
  • List at least one question per chapter/article you had that you are unable to answer. Please do not count the questions towards your word count. Responses will be anonymized and utilized to help foster class discussion; information is also shared with guest speakers to help them learn about some of the general questions students may have about the topic/focus area.
• Structure & Mechanics of Writing
  • Place your newest entry at the top (i.e.all previous entries should appear below in reverse chronological order). Save all of your subsequent entries in the same document. Your document will grow as the semester progresses, so that each week you will post a slightly larger document than the week before. At the end of the course, you will have a substantial body of reading notes, which you will hopefully draw upon in preparation for other assignments and class discussions.
  • First-person.
  • Single-spaced.

Use the following question prompts to frame your academic reading journal summaries. When you include the question prompts in your reading notes, please do not inadvertently count these towards your minimum word count.

• What insights or observations does this reading generate?
• What new ideas are here for me to consider?
• What connections can I make between this reading selection and something else that we have discussed in this course?
• What do I still not know or understand about this topic?
• How did this reading help me to build knowledge that can be used professionally or personally?
• What information from this reading selection resonates with, and contributes to, my interest in these topics?
• How is what I am reading different from what I already know?
• What challenged me to think about things differently?
• What are three of the most important concepts I gleaned from the reading selection?
• What do I not agree with from the reading selection, and why?
• What aspect of the reading did I find most interesting or difficult?

show rubric

4 pts

Accomplished

The reading journal shows evidence of comprehension of the chapter(s)/article(s). Writing is specific and descriptive. The student demonstrates their understanding through their writing. Synthesis is evident. Meets the minimum word count.

The effectiveness of the performance appraisal is often a topic of debate. Read the Forbes article, “Eliminating Performance Appraisals”. Based on the content of the article, identify three key points related to the author’s position on the elimination of performance appraisals. From the view of the manager and using the concepts found in our text, prepare a rebuttal to the article discussing each of the key points you identified and define the reasons why the performance appraisal should not be eliminated. Develop a potential solution to the performance appraisal debate, keeping in mind the intent of the appraisal and the desired outcome for both the organization and the employees. Support your solutions with a minimum of one outside resource.