Essay on The NAEYC Code of Ethical Conduct - 1812 Words

The NAEYC Code of Ethical Conduct was developed to uphold the application of core values, ideals, and principles to assist teachers’ decision-making about ethical issues. The Core Values of the NAEYC Code of Ethical Conduct is based on the foundation of the fields commitment to young children. It is noteworthy that all seven of the Codes Core Values directly address our commitment to children: †¢ Appreciate childhood as a unique and valuable stage of the human life cycle †¢ Base our work on knowledge of how children develop and learn †¢ Appreciate and support the bond between the child and family †¢ Recognize that children are best understood and supported in the context of family, culture, community, and society †¢ Respect the dignity,†¦show more content†¦356). Furthermore, Ideal 1-1.11 states that we are â€Å"to provide all children with experiences in a language that they know, as well as support children in maintaining the use of their home language and in learning English† (Decker, Decker, Freeman, Knopf, 2009, p. 356). It is my opinion there are many teachers that may have a problem in maintaining this standard simply because of the location of their center. If a center is in a semi-rural area, the teachers in the center could have a problem teaching about other cultures with exception to basic knowledge of a culture. Take for instance Middlefield Ohio. In Middlefield, there is a heavy influence of the Amish culture and generations of farming families. A teacher in Middlefield may have trouble relating to a child in her class that comes from India. It is a challenging task to learn and educate oneself on an unknown topic, there is a great deal of responsibility i n planning a diverse curriculum to meet the needs of so many individuals. There is also a great deal of responsibility in the managing and leading of employees. NAEYC Ideal I-3C.1 states that employers are â€Å"to promote safe and healthy working conditions and policies that foster mutual respect, cooperation, collaboration, competence, well-being, confidentiality, and self-esteem in staff members† (Decker, Decker, Freeman, Knopf, 2009, p. 359). Additionally, administrators are also responsible for the hiring and terminating ofShow MoreRelatedNAEYC Code Of Ethical Conduct5379 Words   |  24 Pages1 NAEYC Code of Ethical Conduct Revised April 2005 POSITION STATEMENT naeyc Code of Ethical Conduct and Statement of Commitment Revised April 2005 A position statement of the National Association for the Education of Young Children Endorsed by the Association for Childhood Education International Adopted by the National Association for Family Child Care Preamble NAEYC recognizes that those who work with young children face many daily decisions that have moral and ethical implications. The NAEYCRead MoreCode Of Conduct And Conduct991 Words   |  4 PagesNEA Code of Conduct vs. NAEYC Code of Conduct The NEA code of conduct and the NAEYC code of conduct, were created for the same purpose, to demonstrate the ethical principles that teachers have to uphold in their job. Although they are different, their overall principles are basically the same. It is the teacher’s job to respect all parties involved in a child’s education and they must do no harm to the child. The teacher is responsible for all aspects of the child’s education and making sure thatRead MoreDevelopmentally Appropriate Practice1675 Words   |  7 Pageschildhood education for the influx number of families that needed it. This led the National Association for the Education of Young Children (NAEYC) to â€Å"begin planning a national voluntary accreditation system for early childhood programs†(NAEYC, 2014). With this planning came a need for a more specific description with regards to accreditation guidelines. Therefore, NAEYC issued a formal statement defining DAP. DAP is â€Å"based on the accumulation of data and facts of what children are like† (Gestwicki, 2011)Read MoreEthical Principles3652 Words   |  15 PagesYoung Children (NAEYC) is a nonprofit corporation dedicated to act on behalf of the interests of young children. The NAEYC Code of Ethical Conduct offers guidelines for responsible behavior and sets forth a common basis for resolving the principal ethical dilemmas encountered in early childhood care and education promoting a commitment to integrity, veracity, fairness, and human dignity at all levels; nevertheless, further research and/or developments may change the current code and state of knowledgeRead MoreEducating Children With Learning Disabilities And Needs1207 Words   |  5 Pagess achievement goals. Responsible assessment means professionals must follow legal and ethical guidelines. The NAEYC’s Code of Ethical Conduct gives professionals an insight into the guidelines they must follow to ethically assess young children. This Code refers to the core values of early childhood professionals and their responsibilities to children, families, colleagues, and the community. The NAEYC Code says that â€Å"Above all, we shall not harm children. We shall not participate in practicesRead MoreCode Of Ethical Conduct For Early Childhood Programs1716 Words   |  7 PagesChildren’s (NAEYC) Code of Ethical Conduct Supplement for Early Childhood Program Administrators for guidance in how to conduct myself in a responsible and professional way (Baptiste Reyes, 2009). This supplement was adopted July 2006 for the purpose of giving administrators whose programs care for young children guidelines to help them make responsible decisions as an administrator. This code has five sectio ns (Ethical Responsibilities to Children, Ethical Responsibilities to Families, Ethical ResponsibilitiesRead MoreClass-Wide Positive Behavior Support In Preschool. Carter991 Words   |  4 PagesUsing positive statements, helps build self-esteem and confidence in older students. NAEYC Code of Ethics The techniques and strategies mentioned in this journal comply with the NAEYC Developmentally and Culturally Appropriate Practices because are age appropriate and promote positive social-emotional development. Furthermore, the techniques and strategies are also in concert with NAEYC’s Code of Ethical Conduct. They help â€Å"create and maintain safe and healthy settings that foster children s socialRead MoreMy Personal Philosophy Of Early Childhood Education Essay1057 Words   |  5 PagesAccording to the dictionary an individual means, â€Å"A single human being, as distinguished from a group.† Everyone should not have to learn the same way. In the NAEYC code of Ethical Conduct under their Section 1-1.3 it states, â€Å"To recognize and respect the uniqueness and the potential of each child.† This message was based off NAEYC ethical responsibilities to children; therefore, I agree with their statement and know how important treating children as an individual really is. In a way childrenRead MoreMy Goals For Children s Life893 Words   |  4 Pagesthem to do new things. Recognition and respect is another ethical issue. Although Drew has a significant delay in his social and communication skills everyone around him needs to pay attention to his facial expressions, gestures, posture and listen to his tone, which will help them understand what his needs are. With all the people around Drew giving him the love and support to help him do anything to his ability they are practicing NAEYC I-1.3; to recognize and respect the unique qualities, abilitiesRead MoreI Am Working At A Child Care Center1348 Words   |  6 Pageslike one, and learn like one. Centers have their own ethical standards and guidelines for their staff to follow. Most of it is the same in every center because of the NAEYC Code of Ethical Conduct. While everyone have their own idea of what it means to be professional and what is acceptable behavior, a lot of conduct from NAEYC guideline of what is ethical, how to be professional, and the different ways to handle situations in our center. The code is filled with principles and ideas as a way for child

Business Information Systems - 6889 Words

Business Information Systems Business Information Systems ASSIGNMENT ASSIGNMENT TABLE OF CONTENTS INTRODUCTION PAGE 1 BODY-QUESTION ONE 1.1 PAGE 2amp;3 1.2 PAGES 1.3 PAGES QUESTION TWO 2.1 PAGES 2.2 PAGES 2.3 PAGES QUESTION THREE 3.1 PAGE 3.2 PAGE 3.3 PAGE 3.4 PAGE CONCLUSION PAGE REFERENCE PAGE Introduction Information systems (IS) or Business information systems deal with the development, introduction, conceptualization, utilization and maintenance of systems for computer-assisted data processing within the enterprise-wide and company networks.†¦show more content†¦The output now will distribute information to support decision making and control in an organization. In addition to support decision making, coordination control information systems may also help managers and workers analyze problems. There are types of systems that McDonalds use such as Transaction Processing System , now McDonalds everyday sells huge amount of hamburgers, so McDonalds should order raw materials from its suppliers, each time McDonalds should place an order with its supplier, a transaction happens and the TPS records the relevant information such as the suppliers name, address, the quality of the items purchased and finally the invoice amount. 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Information Technology (IT) is essential to build business environments, there are complex infrastructural requirements face global business strategies. Laudon, K.C and Laudon, J. P. (2013) mention that these should provide by institutions or organizations such as computer hardware, computer software, data management technology, networkingRead MoreLaudon - Business Information Systems16132 Words   |  65 PagesDistinguish between a computer, a computer program, and an information system. What is the difference between data and information? The computer is one physical part of the information system. The program is what operates the computer. An information system is the physical system including computers and networks, software (programs), people who operate the system, and the procedures for operating the system. 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In a recent book entitled a brief look into history-author sage, explains that Information system is essentially made up of five components hardware, software, database, network and people. These five components integrate to perform input, process, output, feedback and control. (Sage, 1968). TheRead MoreBusiness Information Systems31162 Words   |  125 PagesEssentials of Business Information Systems http://www.hocbonganh.co.uk/userfiles/Essentials%20of%20Business%20Information%20Systems.pdf Text Book: Laudon amp; Laudon, Essentials of Business Information Systems, 7th Edition, Pearson (Prentice Hall), 2007 Chapter 1 Business Information Systems in Your Career Multiple Choice Questions 1. One of the recent critical challenges facing Major League Baseball was: a. poor coordination between local and national sales channels. b. poorly managedRead MoreRole of Information System in Business970 Words   |  4 PagesRole of Information System in Business 1.0 Introduction The information system is a combination of hardware, software, insfrastructure, and trained personnel organized to facilitate planning, control, coordination and decision making in an organization. Acording to Nickerson (1998), â€Å" an information system is a collection of components that work together to provide an information to provide an information to help in the operations and management of an organization†. According to Mohd . ShanuddinRead MoreInformation Systems And The Business School1419 Words   |  6 Pagesclass in the business school? Management information systems is known as one of the most important class in the business school because it helps you to success in order, function and efficiency. The interesting part about information systems is that always will give you â€Å"The background you need to assess, evaluate, and apply emerging information systems technology to business.† Also, it offers in job security- marketable skills whereas you will get knowledge in abstraction, systems thinking, experimentationRead MoreBusiness Information Systems in Your Career7321 Words   |  30 PagesChapter 1 Business Information Systems in Your Career Student Objectives 1. How are information systems transforming business and what is their relationship to globalization? 2. Why are information systems so essential for running and managing a business today? 3. What exactly is an information system? How does it work? What are its people, organization, and technology components? 4. How will a four-step method for business problem solving help you solve information system-relationsRead MoreBusiness Information System Tesco1793 Words   |  8 PagesBusiness Information System (BIS): Introduction â€Å"Information systems are the means by which people and organisations, utilising technologies, gather, process, store, use and disseminate information† The information system underlies the concept that the organization is a complex adaptive system, which has the defined boundaries, structural communication channels, control and web of coordination. Information system integrates the system theories, resources and objectives together to get one conclusion

Animal Farm Essay Propaganda Example For Students

Animal Farm Essay Propaganda George Orwell was a great writer; he created a book with many different qualities. Animal Farm is an allegory, fable, and a satire. He made the characters in the novel relate to real people and events in history. Examples such allegory would be Animalism compared with Communism, Snowball compared with Leon Trotsky, and Napoleon compared to Joseph Stalin. Animalism in many ways does symbolize Communism. Animalism for the animals would be a perfect land, no rich, no poor, and everyone is equal. They all would own the same amount of the farm. No animal would be above any other animal. As in a communistic society, they would all work the same and receive the same. The government would own everything and they people would own the government. In both Animalism and Communism, their goal was a society in which the workers, not the capitalists, owned all the means of production. To reach this ideal situation, a transition period was needed, during which the government controlled the economy. The government guaranteed hospitalization, education, housing, and pension plans, as well as jobs. In Animal Farm, the animals did receive some of those features while Snowball was with them. The people, as well as animals, in turn, gave up every indication of freedom. Thus, everyone would share equally in the benefits of production, and everyone would have an equal share in the goods that were produced. The government (pigs), regardless of demand, determined supply. Everyone was forced to work, so there was no competition for jobs. The true costs of production were not known. Wages were completely arbitrary, as were prices of goods. Animalism was created to represent communism, and it succeeded well. Snowball represents Leon Trotsky from World War One. Snowball was young, smart, and a very good speaker. He was idealistic, and he wanted to make life for all animals easier and happier. Leon Trotsky also wanted to improve the life for all Russian people. For most of his life Leon Trotsky was a man without a country, banished from one land to another. He was exiled from many different countries. He organized the famous Red Army. Snowball was the plotter for the Battle of the Cowshed. Trotsky and Joseph Stalin struggled for leadership, as did Snowball and Napoleon. Snowball was chased away by Napoleons dogs. Trotsky was chased away by Lenins secret police (KGB). George Orwell had a great talent in creating such a character as Snowball to symbolize Leon Trotsky. As for Napoleon, he represented Joseph Stalin. Napoleon was not a good speaker, and was not as clever as Snowball was. He was cruel, brutal, selfish, devious, and corrupt. His ambition was for power. He used dogs, Moses, and Squealer to keep the animals in control. Joseph Stalin was also not a good speaker, and was not as educated like Trotsky. He and Napoleon did not follow Marxs ideas. He cared for power, and killed all that opposed him. He used KGB, allowed church, and propagandized. Stalin was probably the most ruthless and successful tyrant the world has known. Napoleon was also very cruel to the other animals. He created in the Soviet Union a totalitarian state in which the government controlled everythingall agriculture, all industry, the arts and sciences, sports, entertainment, the media, and religion, as did Napoleon to Animal Farm. To make sure that his commands were obeyed and that no one disagreed with him, Stalin employed a vast network of secret police. Napoleon had guard dogs around him to make sure the animals obeyed him at all times. The victims of his campaigns of political terror included some of his followers. Stalin exiled Trotsky from the Soviet Union in 1929 and had him assassinated in Mexico in 1940. Napoleon had his guard dogs chase off Snowball. Having dealt with the opposition Stalin, as well as Napoleon, was then supreme ruler. In a drive to industrialize and modernize the Soviet Union, he launched the first in a series of five-year plans in 1928. He declared, We are 50 to 100 years behind advanced countries. .u8626b0e9298d9f08d16bfe053d41908e , .u8626b0e9298d9f08d16bfe053d41908e .postImageUrl , .u8626b0e9298d9f08d16bfe053d41908e .centered-text-area { min-height: 80px; position: relative; } .u8626b0e9298d9f08d16bfe053d41908e , .u8626b0e9298d9f08d16bfe053d41908e:hover , .u8626b0e9298d9f08d16bfe053d41908e:visited , .u8626b0e9298d9f08d16bfe053d41908e:active { border:0!important; } .u8626b0e9298d9f08d16bfe053d41908e .clearfix:after { content: ""; display: table; clear: both; } .u8626b0e9298d9f08d16bfe053d41908e { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u8626b0e9298d9f08d16bfe053d41908e:active , .u8626b0e9298d9f08d16bfe053d41908e:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u8626b0e9298d9f08d16bfe053d41908e .centered-text-area { width: 100%; position: relative ; } .u8626b0e9298d9f08d16bfe053d41908e .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u8626b0e9298d9f08d16bfe053d41908e .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u8626b0e9298d9f08d16bfe053d41908e .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u8626b0e9298d9f08d16bfe053d41908e:hover .ctaButton { background-color: #34495E!important; } .u8626b0e9298d9f08d16bfe053d41908e .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u8626b0e9298d9f08d16bfe053d41908e .u8626b0e9298d9f08d16bfe053d41908e-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u8626b0e9298d9f08d16bfe053d41908e:after { content: ""; display: block; clear: both; } READ: The Great Sheep Debate EssayWe must cover this distance in 10 years. Napoleon continued with Snowballs original plans to build the Windmill. Stalin ordered the collectivization of farms. When peasants resisted, he ordered the state to seize their land and possessions. Well-to-do farmers, called kulaks, especially resented collectivization. Determined to root out all opposition, Stalin showed no mercy to the rebellious kulaks. In 1932-33, he created a famine in Ukraine and liquidated some 3 million kulaks through death by starvation. Napoleon also created starvation by not feeding the other animals for everyday meals. Stalin, Claiming that a number of Red Army officers and scores of old Bolsheviks were plotting against the state, Stalin had them executed. Napoleon had animals killed that admitted to plotting against him. Once again, George Orwell created an almost exact duplicate of World War One legends. George Orwell surely created this book as an allegory, because of all the symbolism that was in this novel. Symbolism is a main quality of this book, and without one knowing the history of World War One, the book would just seem nothing more than a group of animals that talk and sing.

Societal Marketing Delivers Goods and Services

Question: Discuss bout the Societal Marketing for Delivers Goods and Services. Answer: Introduction Marketing is one of the key functions of any company that delivers goods and services, as this function directly reaches to the targeted customer base and makes the market aware of the products and services being sold (Hair, 2014). Marketing has been given a significant importance by every company (Perreault, 2013). However, the approach to marketing has changed over the years. With the rising ecological concern and the need to be social responsible several companies around the world have taken up societal marketing as a key technique to penetrate into the market and make their stand (Sheth, 2015). Societal marketing can be understood as a function that ensures that the goods and services delivered not only satisfy the needs and wants of a customer but also enhance their lives and the society as a whole (Melanthiou, 2016). Several companies though directly do not participate in societal marketing, they have adopted this technique in to their corporate social responsibility (Shanbhag, 2015). On the other side there are several other companies that has put customer and society first over their own interests of revenue generation. The below report discusses about two such companies that currently work in Australia. Oxfam Australia Oxfam Australia, is a not-for-profit organization that believes in community aid and development. The company is an affiliate of Oxfam international. However, the organization works as an independent entity in Australia (Besley, 2016). The company took in origins from the concern of Gerard Kennedy Tucker in the early 50s when the Asia countries had major setbacks due to the Second World War. Local groups have been formed for community aid first in Melbourne and later in Perth and Sydney. The company then started providing trade opportunities between Australia and other developing countries with handicrafts as the key product. By 2005 the company had 17 stores worldwide that took up mail orders as well. The company sells products belonging to home dcor, kitchenware, food and beverage etc. They have a website where all these products are available online. The beauty of Oxfam products are that all these are procured from countries that are rich in resources but have most of their population below the poverty line (Moolman, 2016). They sell products that not only add value to the customer but also the local communities that produce these products. Every transaction done in Oxfam shop is a way in which the customer directly helps the communities, given a lot of satisfaction to every product purchased. Oxfam generates most of its income from donation funds. These funds are gain used for advocacy programs, fundraising, promotion and administration work. The website of the company has an option where customers can donate to the organization. The key idea from a marketing point of view is to help the customer with the hidden need to help others. There are several people around the world, who would like to contribute to the society in one way or another. However, they may not know the right way, or have the time to participate in such programs. However, the conscious need to make a difference is present. Oxfam gives them this opportunity. Every product purchased at Oxfam directly effects several local communities. Every product description in the Oxfam website gives a clear input of the community that has produced the good. The producers of these products are listed as well. All these producers are paid through a fair trade policy and any profit made in again invested back into the community itself. The products are on ethically traded. It is a common perception that such products are highly priced. However, that is not the case of Oxfam products. The price of the products reflects the quality of the product, the skill to make such products and a way to keep the traditional techniques alive (Australia, 2015). Most of these products are handmade and come from African countries and other poor Asian countries. The companys marketing technique is that every dollar spent at Oxfam shop makes a difference on the lives who create the product, make the product or grow the product. It shows how powerful a consumer can be if the right kind of investment is made. They let their customers know that every dollar spent at Oxfam is a way to shape the world. Eco Store It was in the early 90s that Malcom Rands and his wife Melaine discovered that despite all their efforts of living in an eco-village and following organic techniques in gardening they were still being exposed to harmful chemicals that were effecting their lives. It was then they discovered that one of the many reasons for this was the number chemicals used in every day products such as cleaning and bath products. As simple check on the ingredient list made them aware just about how many chemicals are used. This was the reason behind the establishment of Eco store that manufactures cleaning and bath products that use only plant based and mineral based ingredients and almost zero chemicals (Rands, 2013). All their products are tested by Environmental Working Group. The company has a dedicated team of researchers lead by Sir Ray Every who are in the quest to replace all the chemicals used in the bathing and cleaning products by ecofriendly products. The investment in research is what lead them to be one of the most reputed company in Australia. The motto of Eco store is health first and all the products are designed keeping the customers health in mind. Eco store has several customers who have wrote testimonials stating that issues related to skin and asthma have reduced drastically or vanished. The effect that was usually aggravated by the chemicals in the regular products were circumcised just be replacing them. Eco store believes in letting people know everything about a product they purchase. Hence every product of Eco store comes with a list of ingredients. An ingredient index is provided on their website letting the consumers know how to effects the health and environment, where it is used and the EWA rating of it thereby letting the customer aware of how these effect their lives. The company also has a great affection towards the environment and hence had made sure that not just the products but also the bottles and containers that the product comes in are ecofriendly. For example their laundry boxes is NZ PEFC board produced from sustainable grown forests. Their laundry scoops are post grind plastic and their auto dish wash boxes are 85% recyclable (Leung, 2015). Actually almost all the containers are recyclable. The company also invests in closed loop recycling where trucks move to communities to collect containers of Eco store products and the same are recycled to produce new bottles , scoops and caps. The company uses a clear societal marketing concept keeping the health of the customer and the well-being of the environment as their key aim rather than aiming at revenue generative methods. Conclusion With the growing concern of the environment and the enabling a customer-centric goods and service production the concept of societal marketing has seen light where importance is placed not on selling a product but on satisfying the needs and wants of customers by enhancing the value of the product. Several companies today follow these techniques while Oxfam Shop and Eco Store has set examples in Australia. References Australia, O., 2014. The Power of People against Poverty: Oxfam Australia Strategic Plan 20142019. Besley, M., 2016. Value for Money Assessment Oxfam in South Africa: Australia Africa Community Engagement Scheme (AACES) Capacity building component. Hair Jr, J.F. and Lukas, B., 2014. Marketing research. McGraw-Hill Education Australia. Leung, Y.M., Morgan, K.J., White, B.J., Ward, J.M. and Chilvers, B.L., 2015. Washing oiled marine birds in New Zealanddo we have a detergent that can be used?. New Zealand Journal of Marine and Freshwater Research, 49(2), pp.318-322. Melanthiou, Y., 2016. Messages Not Getting Through: Societal Marketing to the Rescue. Journal of Promotion Management, 22(2), pp.195-196. Moolman, A., Levendal, G., Mabizela, P., Harber, I., Westley, W. and Molver, N., 2016. Reflections and Learning from Practice: Oxfam Australia in South Africa. Perreault Jr, W., Cannon, J. and McCarthy, E.J., 2013. Basic marketing. McGraw-Hill Higher Education. Rands, M. and Thomson, M., 2013. Ecoman. Random House New Zealand. Shanbhag, P. and Nayak, S., 2015. Societal MarketingThe Shift: Indirect to a direct marketing approach. International Journal of Advanced Research, 3(9), pp.524-527. Sheth, J.N. and Sisodia, R.S., 2015. Does marketing need reform?: Fresh perspectives on the future. Routledge.

Business Accounting Essay Example

Business Accounting Paper CHAPTER 1 Accounting: An Overview and Analysis MULTIPLE CHOICE QUESTIONS 41. Accountants refer to an economic event as a a. purchase. b. sale. c. transaction. d. change in ownership. 42. The process of recording transactions has become more efficient because a. fewer events can be quantified in financial terms. b. computers are used in processing business events. c. more people have been hired to record business transactions. d. business events are recorded only at the end of the year. 43. Communication of economic events is the part of the accounting process that involves a. identifying economic events. b. uantifying transactions into dollars and cents. c. preparing accounting reports. d. recording and classifying information. 44. Which of the following events cannot be quantified into dollars and cents and recorded as an accounting transaction? a. The appointment of a new CPA firm to perform an audit. b. The purchase of a new computer. c. The sale of store equipment. d. Payment of income taxes. 45. The use of computers in recording business events a. has made the recording process more efficient. b. does not use the same principles as manual accounting systems. c. has greatly impacted the identification stage of the accounting process. . is economical only for large businesses. 46. The accounting process involves all of the following except a. identifying economic transactions that are relevant to the business. b. communicating financial information to users by preparing financial reports. c. recording nonquantifiable economic events. d. analyzing and interpreting financial reports. 47. The accounting process is correctly sequenced as a. identification, communication, recording. b. recording, communication, identification. c. identification, recording, communication. d. communication, recording, identification. 48. Which of the following techniques are not used by accountants to interpret and report financial information? a. Graphs b. Special memos for each class of external users c. Charts d. Ratios 49. Which of the following would not be considered an internal user of accounting data for the XYZ Company? a. President of the company b. Production manager c. Merchandise inventory clerk d. President of the employees labor union 50. Which of the following would not be considered an external user of accounting data for the XYZ Company? a. Internal Revenue Service Agent b. Management c. Creditors d. Customers 51. Which of the following would not be considered internal users of accounting data for a company? a. The president of a company b. The controller of a company c. Creditors of a company d. Salesmen of the company 52. Which of the following is an external user of accounting information? a. Labor unions b. Finance directors c. Company officers d. Managers 53. Which one of the following is not an external user of accounting information? a. Regulatory agencies b. Customers c. Investors d. All of these are external users 54. Bookkeeping differs from accounting in that bookkeeping primarily involves which part of the accounting process? . Identification b. Communication c. Recording d. Analysis a55. All of the following are services offered by public accountants except a. budgeting. b. auditing. c. tax planning. d. consulting. a56. Which list below best describes the major services performed by public accountants? a. Bookkeeping, mergers, budgets b. Employee training, auditing, bookkeeping c. Auditing, taxation, management consulting d. Cost accounting, production scheduling, recruiting a57. Preparing tax returns and engaging in tax planning is performed by a. public accountants only. b. private accountants only. c. both public and private accountants. . IRS accountants only. a58. A private accountant can perform many activities in a business organization but would not work in a. budgeting. b. accounting information systems. c. external auditing. d. tax accounting. 59. The origins of accounting are generally attributed to the work of a. Christopher Columbus. b. Abner Doubleday. c. Luca Pacioli. d. Leonardo da Vinci. 60. Financial accounting provides economic and financial information for all of the following except a. creditors. b. investors. c. managers. d. other external users. 61. The final step in solving an ethical dilemma is to a. dentify and analyze the principal elements in the situation. b. recognize an ethical situation. c. identify the alternatives and weigh the impact of each alternative on stakeholders. d. recognize the ethical issues involved. 62. The first step in solving an ethical dilemma is to a. identify and analyze the principal elements in the situation. b. identify the alternatives. c. recognize an ethical situation and the ethical issues involved. d. weigh the impact of each alternative on various stakeholders. 63. Ethics are the standards of conduct by which ones actions are judged as a. right or wrong. b. onest or dishonest. c. fair or unfair. d. all of these. 64. Generally accepted accounting principles are a. income tax regulations of the Internal Revenue Service. b. standards that indicate how to report economic events. c. theories that are based on physical laws of the universe. d. principles that have been proven correct by academic researchers. 65. The cost principle requires that when assets are acquired, they be recorded at a. appraisal value. b. exchange price paid. c. selling price. d. list price. 66. The cost of an asset and its fair market value are a. never the same. b. the same when the asset is sold. . irrelevant when the asset is used by the business in its operations. d. the same on the date of acquisition. 67. The body of theory underlying accounting is not based on a. physical laws of nature. b. concepts. c. principles. d. definitions. 68. The private sector organization involved in developing accounting principles is the a. Feasible Accounting Standards Body. b. Financial Accounting Studies Board. c. Financial Accounting Standards Board. d. Financial Auditors Standards Body. 69. The SEC and FASB are two organizations that are primarily responsible for establishing generally accepted accounting principles. It is true that a. they are both governmental agencies. b. the SEC is a private organization of accountants. c. the SEC often mandates guidelines when no accounting principles exist. d. the SEC and FASB rarely cooperate in developing accounting standards. 70. GAAP stands for a. Generally Accepted Auditing Procedures. b. Generally Accepted Accounting Principles. c. Generally Accepted Auditing Principles. d. Generally Accepted Accounting Procedures. 71. Which of the following is not a characteristic of the cost principle? a. Reliability b. Subjectivity c. Objectivity d. Verifiability 72. We will write a custom essay sample on Business Accounting specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Business Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Business Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The ACE Company has five plants nationwide that cost $100 million. The current market value of the plants is $500 million. The plants will be recorded and reported as assets at a. $100 million. b. $600 million. c. $400 million. d. $500 million. 73. All of the following are advantages cost has over other valuations except that it a. is reliable. b. can be objectively measured. c. can be verified. d. is relevant. 74. The proprietorship form of business organization a. must have at least three owners in most states. b. represents the largest number of businesses in the United States. c. ombines the records of the business with the personal records of the owner. d. is characterized by a legal distinction between the business as an economic unit and the owner. 75. The economic entity assumption requires that the activities a. of different entities can be combined if all the entities are corporations. b. must be reported to the Securities and Exchange Commission. c. of a sole proprietorshi p cannot be distinguished from the personal economic events of its owners. d. of an entity be kept separate from the activities of its owner. 76. A business organized as a corporation a. is not a separate legal entity in most states. . requires that stockholders be personally liable for the debts of the business. c. is owned by its stockholders. d. terminates when one of its original stockholders dies. 77. The partnership form of business organization a. is a separate legal entity. b. is a common form of organization for service-type businesses. c. enjoys an unlimited life. d. has limited liability. 78. Which of the following is not an advantage of the corporate form of business organization? a. Limited liability of stockholders b. Transferability of ownership c. Unlimited personal liability for stockholders d. Unlimited life 79. A small neighborhood barber shop that is operated by its owner would likely be organized as a a. joint venture. b. partnership. c. corporation. d. proprietorship. 80. Joan and Sara met at law school and decide to start a small law practice after graduation. They agree to split revenues and expenses evenly. The most common form of business organization for a business such as this would be a a. joint venture. b. partnership. c. corporation. d. proprietorship. 81. Which of the following is true regarding the corporate form of business organization? a. Corporations are the most prevalent form of business organization. b. Corporate businesses are generally smaller in size than partnerships and proprietor-ships. c. The revenues of corporations are greater than the combined revenues of partnerships and proprietorships. d. Corporations are separate legal entities organized exclusively under federal law. 82. A basic assumption of accounting that requires activities of an entity be kept separate from the activities of its owner is referred to as the a. stand alone concept. b. monetary unit assumption. c. corporate form of ownership. d. economic entity assumption. 83. Deb Smith is the proprietor (owner) of Smittys, a retailer of athletic apparel. When recording the financial transactions of Smittys, Deb does not record an entry for a car she purchased for personal use. Deb took out a personal loan to pay for the car. What accounting concept guides Debs behavior in this situation? a. Pay back concept b. Economic entity assumption c. Cash basis concept d. Monetary unit assumption 84. A basic assumption of accounting assumes that the dollar is a. unrelated to business transactions. b. a poor measure of economic activities. c. the common unit of measure for all business transactions. d. useless in measuring an economic event. 85. The assumption that the unit of measure remains sufficiently constant over time is part of the a. economic entity assumption. b. cost principle. c. historical cost principle. d. monetary unit assumption. 86. A business that enjoys limited liability is a a. proprietorship. b. partnership. c. corporation. d. sole proprietorship. 87. A problem with the monetary unit assumption is that a. the dollar has not been stable over time. b. the dollar has been stable over time. c. the dollar is a common medium of exchange. d. it is impossible to account for international transactions. 88. The common characteristic possessed by all assets is a. ong life. b. great monetary value. c. tangible nature. d. future economic benefit. 89. Owners equity is best depicted by the following: a. Assets = Liabilities. b. Liabilities + Assets. c. Residual equity + Assets. d. Assets – Liabilities. 90. The basic accounting equation may be expressed as a. Assets = Equities. b. Assets – Liabilities = Ow ners Equity. c. Assets = Liabilities + Owners Equity. d. all of these. 91. Liabilities a. are future economic benefits. b. are existing debts and obligations. c. possess service potential. d. are things of value used by the business in its operation. 92. Liabilities of a company would not include . notes payable. b. accounts payable. c. wages payable. d. cash. 93. Liabilities of a company are owed to a. debtors. b. benefactors. c. creditors. d. underwriters. 94. Owners equity can be described as a. creditorship claim on total assets. b. ownership claim on total assets. c. benefactors claim on total assets. d. debtor claim on total assets. 95. Owners equity is often referred to as a. residual equity. b. leftovers. c. spoils. d. second equity. 96. When an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed a. depletions. b. consumptions. c. drawings. d. credit line. 97. Capital is a. an owners permanent investment in the business. b. equ al to liabilities minus owners equity. c. equal to assets minus owners equity. d. equal to liabilities plus drawings. 98. Revenues would not result from a. sale of merchandise. b. initial investment of cash by owner. c. performance of services. d. rental of property. 99. Sources of increases to owners equity are a. additional investments by owners. b. purchases of merchandise. c. withdrawals by the owner. d. expenses. 100. The basic accounting equation cannot be restated as a. Assets – Liabilities = Owners Equity. b. Assets – Owners Equity = Liabilities. c. Owners Equity + Liabilities = Assets. d. Assets + Liabilities = Owners Equity. 101. Owners equity is decreased by all of the following except a. owners investments. b. owners withdrawals. c. expenses. d. owners drawings. 102. A net loss will result during a time period when a. liabilities exceed assets. b. drawings exceed investments. c. expenses exceed revenues. d. revenues exceed expenses. 103. If total liabilities increased by $15,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? . $20,000 decrease b. $20,000 increase c. $25,000 increase d. $30,000 increase 104. If total liabilities decreased by $15,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 increase b. $10,000 decrease c. $10,000 increase d. $15,000 d ecrease 105. If total liabilities decreased by $25,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 decrease b. $20,000 increase c. $25,000 increase . $30,000 increase 106. If total liabilities decreased by $15,000 and owner’s equity decreased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 increase b. $10,000 increase c. $20,000 decrease d. $10,000 decrease 107. If total liabilities increased by $14,000 during a period of time and owner’s equity decreased by $6,000 during the same period, then the amount and direction (increase or decrease) of the period’s change in total assets is a(n) a. $14,000 increase. b. $20,000 increase. c. $8,000 decrease. d. $8,000 increase. 08. The accounting equation for Goodboys Enterprises is as follows: AssetsLiabilitiesOwnerâ€⠄¢s Equity $120,000=$60,000+$60,000 If Goodboys purchases office equipment on account for $12,000, the accounting equation will change to AssetsLiabiltiesOwner’s Equity a. $120,000 = $60,000 +$60,000 b. $132,000 = $60,000 +$72,000 c. $132,000 = $66,000 +$66,000 d. $132,000 = $72,000 +$60,000 109. As of June 30, 2008, Houston Company has assets of $100,000 and owner’s equity of $5,000. What are the liabilities for Houston Company as of June 30, 2008? a. $85,000 b. $90,000 c. $95,000 d. $100,000 110. Owners equity is increased by a. drawings. b. revenues. c. expenses. d. liabilities. 111. Owners equity is decreased by a. assets. b. revenues. c. expenses. d. liabilities. 112. If total liabilities increased by $4,000, then a. assets must have decreased by $4,000. b. owners equity must have increased by $4,000. c. assets must have increased by $4,000, or owners equity must have decreased by $4,000. d. assets and owners equity each increased by $2,000. 113. Collection of a $500 Accounts Receivable a. increases an asset $500; decreases an asset $500. b. increases an asset $500; decreases a liability $500. c. ecreases a liability $500; increases owners equity $500. d. decreases an asset $500; decreases a liability $500. 114. Revenues are a. the cost of assets consumed during the period. b. gross increases in owners equity resulting from business activities. c. the cost of services used during the period. d. actual or expected cash outflows. 115. If an individual asset is increased, the n a. there must be an equal decrease in a specific liability. b. there must be an equal decrease in owners equity. c. there must be an equal decrease in another asset. d. none of these is possible. 116. If services are rendered for credit, then . assets will decrease. b. liabilities will increase. c. owners equity will increase. d. liabilities will decrease. 117. If expenses are paid in cash, then a. assets will increase. b. liabilities will decrease. c. owners equity will increase. d. assets will decrease. 118. If an owner makes a withdrawal of cash from a proprietorship, then a. there has been a violation of accounting principles. b. owners equity will increase. c. owners equity will decrease. d. there will be a new liability showing the owner owes money to the business. 119. If supplies that have been purchased are used in the course of business, then a. liability will increase. b. an asset will increase. c. owners equity will decrease. d. owners equity will increase. 120. As of December 31, 2008, Anders Company has assets of $35,000 and owners equity of $20,000. What are the liabilities for Anders Company as of December 31, 2008? a. $15,000 b. $10,000 c. $25,000 d. $20,000 121. Which of the following events is not a business transaction? a. Investment of cash by the owner b. Hired employees c. Incurred utility expenses for the month d. Earned revenue for services provided 122. Net income results when a. Assets ; Liabilities. b. Revenues = Expenses. c. Revenues ; Expenses. d. Revenues ; Expenses. 123. Owners capital at the end of the period is equal to a. owners capital at the beginning of the period plus net income minus liabilities. b. owners capital at the beginning of the period plus net income minus drawings. c. net income. d. assets plus liabilities. 124. A balance sheet shows a. revenues, liabilities, and owners equity. b. expenses, drawings, and owners equity. c. revenues, expenses, and drawings. d. assets, liabilities, and owners equity. 125. An income statement a. summarizes the changes in owners equity for a specific period of time. b. eports the changes in assets, liabilities, and owners equity over a period of time. c. reports the assets, liabilities, and owners equity at a specific date. d. presents the revenues and expenses for a specific period of time. 126. If the owners equity account increases from the beginning of the year to the end of the year, then a. net income is less than owner drawings. b. a net loss is l ess than owner drawings. c. additional owner investments are less than net losses. d. net income is greater than owner drawings. Use the following information for questions 127–129. Jimmys Car Repair Shop started the year with total assets of $270,000 nd total liabilities of $180,000. During the year, the business recorded $450,000 in car repair revenues, $255,000 in expenses, and Jimmy withdrew $45,000. 127. Jimmys Capital balance at the end of the year was a. $240,000. b. $225,000. c. $285,000. d. $195,000. 128. The net income reported by Jimmys Car Repair Shop for the year was a. $150,000. b. $195,000. c. $90,000. d. $405,000. 129. Jimmys Capital balance changed by what amount from the beginning of the year to the end of the year? a. $45,000 b. $195,000 c. $90,000 d. $150,000 130. The balance sheet is frequently referred to as a. an operating statement. . the statement of financial position. c. the statement of cash flows. d. the statement of owners equity. 131. The primar y purpose of the statement of cash flows is to report a. a companys investing transactions. b. a companys financing transactions. c. information about cash receipts and cash payments of a company. d. the net increase or decrease in cash. 132. All of the financial statements are for a period of time except the a. income statement. b. owners equity statement. c. balance sheet. d. statement of cash flows. 133. The ending owners equity amount is shown on a. the balance sheet only. b. he owners equity statement only. c. both the income statement and the owners equity statement. d. both the balance sheet and the owners equity statement. 134. Benson Company began the year with owner’s equity of $175,000. During the year, the company recorded revenues of $250,000, expenses of $190,000, and had owner drawings of $20,000. What was Benson’s owner’s equity at the end of the year? a. $255,000 b. $215,000 c. $405,000 d. $235,000 135. Ed Dexter began the Dexter Company by inve sting $20,000 of cash in the business. The company recorded revenues of $185,000, expenses of $160,000, and had owner drawings of $10,000. What was Dexter’s net income for the year? a. $15,000 b. $35,000 c. $25,000 d. $45,000 136. Jenner Company began the year with owner’s equity of $15,000. During the year, Jenner received additional owner investments of $21,000, recorded expenses of $60,000, and had owner drawings of $4,000. If Jenner’s ending owner’s equity was $46,000, what was the company’s revenue for the year? a. $70,000 b. $74,000 c. $91,000 d. $95,000 137. Janzen Company began the year with owner’s equity of $217,000. During the year, Janzen received additional owner investments of $294,000, recorded expenses of $840,000, and had owner drawings of $56,000. If Janzen’s ending owner’s equity was $531,000, what was the company’s revenue for the year? a. $860,000 b. $916,000 c. $1,154,000 d. $1,210,000 Use the following information for questions 138-139. Benny’s Repair Shop started the year with total assets of $100,000 and total liabilities of $80,000. During the year, the business recorded $210,000 in revenues, $110,000 in expenses, and owner drawings of $20,000. 138. Owner’s equity at the end of the year was a. $120,000. b. $100,000. c. $80,000. d. $90,000. 139. The net income reported by Benny’s Repair Shop for the year was a. $80,000. b. $100,000. c. $60,000. . $190,000. Use the following information for questions 140–141. Berwick Company compiled the following financial information as of December 31, 2008: Revenues$140,000 Berwick, Capital (1/1/08)105,000 Equipment40,000 Expenses125,000 Cash35,000 Berwick, Drawings10,000 Supplies5,000 Accounts payable20,000 Accounts receivable15,000 14 0. Berwick’s assets on December 31, 2008 are a. $235,000. b. $170,000. c. $80,000. d$95,000. 141. Berwick’s owner’s equity on December 31, 2008 is a. $105,000. b. $110,000. c. $80,000. d. $120,000. 142. Ironton Company’s owner’s equity at the beginning of August 2008 was $300,000. During the month, the company earned net income of $60,000 and owner’s drawings were $20,000. At the end of August 2008, what is the balance in owner’s equity? a. $260,000 b. $300,000 c. $340,000 d. $380,000 143. On January 1, 2008, Jackson Company reported owner’s equity of $470,000. During the year, the owner withdrew cash of $20,000. At December 31, 2008, the balance in owner’s equity was $500,000. What amount of net income or net loss would the company report for 2008? a. Net income of $30,000 b. Net loss of $50,000 c. Net income of $10,000 d. Net income of $50,000 Use the following information for questions 144–146. Jenkins Catering started the year with total assets of $20,000 and total liabilities of $5,000. During the year, the business recorded $16,000 in catering revenues and $8,000 in expenses. Jenkins made an additional investment of $3,000 and withdrew cash of $5,000 during the year. 144. The owner’s equity at the end of the year was a. $21,000. b. $18,000. c. $8,000. d. $2,000. 145. The net income reported by Jenkins Catering for the year was a. $16,000. b. $11,000. c. $8,000. d. $3,000. 146. Owner’s equity changed by what amount from the beginning of the year to the end of the year? a. $15,000 b. $14,000 c. $6,000 d. $3,000 147. During the year 2008, Toronto Enterprises earned revenues of $45,000, had expenses of $25,000, purchased assets with a cost of $5,000 and had owner drawings of $3,000. Net income for the year is a. $45,000. b. $20,000. c. $17,000. d. $15,000. 148. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, no additional investments were made and the company earned net income of $4,000. If owner’s equity at October 31 totals $32,000, what amount of owner drawings were made during the month? a. $0 b. $1,000 c. $3,000 d. $7,000 149. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, no additional investments were made and the company posted a net loss of $3,000. If owner’s equity at October 31 totals $32,000, what amount of owner drawings were made during the month? a. $0 b. $1,000 c. $3,000 d. $7,000 150. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, the owner made additional investments of $2,000 and the company earned net income of $6,000. If owner’s equity at October 31 totals $40,000, what amount of owner drawings were made during the month? a. $0 b. $3,000 c. $4,000 d. $5,000 151. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, the owner made additional investments of $5,000 and the company posted a net loss of $3,000. If owner’s equity at October 31 totals $35,000, what amount of owner drawings were made during the month? a. $0 b. $2,000 c. $3,000 d. $5,000 Additional Multiple Choice Questions 152. Which of the following is not part of the accounting process? a. Recording b. Identifying c. Financial decision making d. Communicating 153. The first part of the accounting process is a. communicating. b. identifying. c. processing. d. recording. 154. Keeping a systematic, chronological diary of events that are measured in dollars and cents is called a. ommunicating. b. identifying. c. processing. d. recording. 155. Auditing is a. the examination of financial statements by a CPA in order to express an opinion on their fairness. b. a part of accounting that involves only recording of economic events. c. an area of accounting that involves such activities as cost accounting, budgeting, and accounting information systems. d. conducted by the Securities and Exchange Commission to ensure that registered financial statements are presented fairly. 156. Internal users of accounting information include all of the following except a. company officers. b. investors. c. marketing managers. . production supervisors. 157. The organization(s) primarily responsible for establishing generally accepted accounting principles is(are) the FASBSEC a. nono b. yesno c. noyes d. yesyes 158. The primary accounting standard-setting body in the United States is the a. Financial Accounting Standards Board. b. International Accounting Standards Board. c. Internal Revenue Service. d. Securities and Exchange Commission. 159. A proprietorship is a business a. owned by one person. b. owned by two or more persons. c. organized as a separate legal entity under state corporation law. d. owned by a governmental agency. 160. A net loss will result during a time period when a. assets exceed liabilities. b. assets exceed owners equity. c. expenses exceed revenues. d. revenues exceed expenses. 161. The Ryder’s Uptown Grill received a bill of $400 from the Erml Advertising Agency. The owner, John Ryder, is postponing payment of the bill until a later date. The effect on specific items in the basic accounting equation is a. a decrease in Cash and an increase in Accounts Payable. b. a decrease in Cash and an increase in J. Ryder, Capital. c. an increase in Accounts Payable and a decrease in J. Ryder, Capital. d. a decrease in Accounts Payable and an increase in J. Ryder, Capital. 162. James Company purchases $600 of equipment from Mundelein Inc. for cash. The effect on the components of the basic accounting equation of James Company is a. an increase in assets and liabilities. b. a decrease in assets and liabilities. c. no change in total assets. d. an increase in assets and a decrease in liabilities. 163. Morreale Beaver Company buys a $12,000 van on credit. The transaction will affect the a. income statement only. b. balance sheet only. c. income statement and owners equity statement only. d. income statement, owners equity statement, and balance sheet. Business Accounting Essay Example Business Accounting Essay CHAPTER 1 Accounting: An Overview and Analysis MULTIPLE CHOICE QUESTIONS 41. Accountants refer to an economic event as a a. purchase. b. sale. c. transaction. d. change in ownership. 42. The process of recording transactions has become more efficient because a. fewer events can be quantified in financial terms. b. computers are used in processing business events. c. more people have been hired to record business transactions. d. business events are recorded only at the end of the year. 43. Communication of economic events is the part of the accounting process that involves a. identifying economic events. b. uantifying transactions into dollars and cents. c. preparing accounting reports. d. recording and classifying information. 44. Which of the following events cannot be quantified into dollars and cents and recorded as an accounting transaction? a. The appointment of a new CPA firm to perform an audit. b. The purchase of a new computer. c. The sale of store equipment. d. Payment of income taxes. 45. The use of computers in recording business events a. has made the recording process more efficient. b. does not use the same principles as manual accounting systems. c. has greatly impacted the identification stage of the accounting process. . is economical only for large businesses. 46. The accounting process involves all of the following except a. identifying economic transactions that are relevant to the business. b. communicating financial information to users by preparing financial reports. c. recording nonquantifiable economic events. d. analyzing and interpreting financial reports. 47. The accounting process is correctly sequenced as a. identification, communication, recording. b. recording, communication, identification. c. identification, recording, communication. d. communication, recording, identification. 48. Which of the following techniques are not used by accountants to interpret and report financial information? a. Graphs b. Special memos for each class of external users c. Charts d. Ratios 49. Which of the following would not be considered an internal user of accounting data for the XYZ Company? a. President of the company b. Production manager c. Merchandise inventory clerk d. President of the employees labor union 50. Which of the following would not be considered an external user of accounting data for the XYZ Company? a. Internal Revenue Service Agent b. Management c. Creditors d. Customers 51. Which of the following would not be considered internal users of accounting data for a company? a. The president of a company b. The controller of a company c. Creditors of a company d. Salesmen of the company 52. Which of the following is an external user of accounting information? a. Labor unions b. Finance directors c. Company officers d. Managers 53. Which one of the following is not an external user of accounting information? a. Regulatory agencies b. Customers c. Investors d. All of these are external users 54. Bookkeeping differs from accounting in that bookkeeping primarily involves which part of the accounting process? . Identification b. Communication c. Recording d. Analysis a55. All of the following are services offered by public accountants except a. budgeting. b. auditing. c. tax planning. d. consulting. a56. Which list below best describes the major services performed by public accountants? a. Bookkeeping, mergers, budgets b. Employee training, auditing, bookkeeping c. Auditing, taxation, management consulting d. Cost accounting, production scheduling, recruiting a57. Preparing tax returns and engaging in tax planning is performed by a. public accountants only. b. private accountants only. c. both public and private accountants. . IRS accountants only. a58. A private accountant can perform many activities in a business organization but would not work in a. budgeting. b. accounting information systems. c. external auditing. d. tax accounting. 59. The origins of accounting are generally attributed to the work of a. Christopher Columbus. b. Abner Doubleday. c. Luca Pacioli. d. Leonardo da Vinci. 60. Financial accounting provides economic and financial information for all of the following except a. creditors. b. investors. c. managers. d. other external users. 61. The final step in solving an ethical dilemma is to a. dentify and analyze the principal elements in the situation. b. recognize an ethical situation. c. identify the alternatives and weigh the impact of each alternative on stakeholders. d. recognize the ethical issues involved. 62. The first step in solving an ethical dilemma is to a. identify and analyze the principal elements in the situation. b. identify the alternatives. c. recognize an ethical situation and the ethical issues involved. d. weigh the impact of each alternative on various stakeholders. 63. Ethics are the standards of conduct by which ones actions are judged as a. right or wrong. b. onest or dishonest. c. fair or unfair. d. all of these. 64. Generally accepted accounting principles are a. income tax regulations of the Internal Revenue Service. b. standards that indicate how to report economic events. c. theories that are based on physical laws of the universe. d. principles that have been proven correct by academic researchers. 65. The cost principle requires that when assets are acquired, they be recorded at a. appraisal value. b. exchange price paid. c. selling price. d. list price. 66. The cost of an asset and its fair market value are a. never the same. b. the same when the asset is sold. . irrelevant when the asset is used by the business in its operations. d. the same on the date of acquisition. 67. The body of theory underlying accounting is not based on a. physical laws of nature. b. concepts. c. principles. d. definitions. 68. The private sector organization involved in developing accounting principles is the a. Feasible Accounting Standards Body. b. Financial Accounting Studies Board. c. Financial Accounting Standards Board. d. Financial Auditors Standards Body. 69. The SEC and FASB are two organizations that are primarily responsible for establishing generally accepted accounting principles. It is true that a. they are both governmental agencies. b. the SEC is a private organization of accountants. c. the SEC often mandates guidelines when no accounting principles exist. d. the SEC and FASB rarely cooperate in developing accounting standards. 70. GAAP stands for a. Generally Accepted Auditing Procedures. b. Generally Accepted Accounting Principles. c. Generally Accepted Auditing Principles. d. Generally Accepted Accounting Procedures. 71. Which of the following is not a characteristic of the cost principle? a. Reliability b. Subjectivity c. Objectivity d. Verifiability 72. We will write a custom essay sample on Business Accounting specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Business Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Business Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The ACE Company has five plants nationwide that cost $100 million. The current market value of the plants is $500 million. The plants will be recorded and reported as assets at a. $100 million. b. $600 million. c. $400 million. d. $500 million. 73. All of the following are advantages cost has over other valuations except that it a. is reliable. b. can be objectively measured. c. can be verified. d. is relevant. 74. The proprietorship form of business organization a. must have at least three owners in most states. b. represents the largest number of businesses in the United States. c. ombines the records of the business with the personal records of the owner. d. is characterized by a legal distinction between the business as an economic unit and the owner. 75. The economic entity assumption requires that the activities a. of different entities can be combined if all the entities are corporations. b. must be reported to the Securities and Exchange Commission. c. of a sole proprietorshi p cannot be distinguished from the personal economic events of its owners. d. of an entity be kept separate from the activities of its owner. 76. A business organized as a corporation a. is not a separate legal entity in most states. . requires that stockholders be personally liable for the debts of the business. c. is owned by its stockholders. d. terminates when one of its original stockholders dies. 77. The partnership form of business organization a. is a separate legal entity. b. is a common form of organization for service-type businesses. c. enjoys an unlimited life. d. has limited liability. 78. Which of the following is not an advantage of the corporate form of business organization? a. Limited liability of stockholders b. Transferability of ownership c. Unlimited personal liability for stockholders d. Unlimited life 79. A small neighborhood barber shop that is operated by its owner would likely be organized as a a. joint venture. b. partnership. c. corporation. d. proprietorship. 80. Joan and Sara met at law school and decide to start a small law practice after graduation. They agree to split revenues and expenses evenly. The most common form of business organization for a business such as this would be a a. joint venture. b. partnership. c. corporation. d. proprietorship. 81. Which of the following is true regarding the corporate form of business organization? a. Corporations are the most prevalent form of business organization. b. Corporate businesses are generally smaller in size than partnerships and proprietor-ships. c. The revenues of corporations are greater than the combined revenues of partnerships and proprietorships. d. Corporations are separate legal entities organized exclusively under federal law. 82. A basic assumption of accounting that requires activities of an entity be kept separate from the activities of its owner is referred to as the a. stand alone concept. b. monetary unit assumption. c. corporate form of ownership. d. economic entity assumption. 83. Deb Smith is the proprietor (owner) of Smittys, a retailer of athletic apparel. When recording the financial transactions of Smittys, Deb does not record an entry for a car she purchased for personal use. Deb took out a personal loan to pay for the car. What accounting concept guides Debs behavior in this situation? a. Pay back concept b. Economic entity assumption c. Cash basis concept d. Monetary unit assumption 84. A basic assumption of accounting assumes that the dollar is a. unrelated to business transactions. b. a poor measure of economic activities. c. the common unit of measure for all business transactions. d. useless in measuring an economic event. 85. The assumption that the unit of measure remains sufficiently constant over time is part of the a. economic entity assumption. b. cost principle. c. historical cost principle. d. monetary unit assumption. 86. A business that enjoys limited liability is a a. proprietorship. b. partnership. c. corporation. d. sole proprietorship. 87. A problem with the monetary unit assumption is that a. the dollar has not been stable over time. b. the dollar has been stable over time. c. the dollar is a common medium of exchange. d. it is impossible to account for international transactions. 88. The common characteristic possessed by all assets is a. ong life. b. great monetary value. c. tangible nature. d. future economic benefit. 89. Owners equity is best depicted by the following: a. Assets = Liabilities. b. Liabilities + Assets. c. Residual equity + Assets. d. Assets – Liabilities. 90. The basic accounting equation may be expressed as a. Assets = Equities. b. Assets – Liabilities = Ow ners Equity. c. Assets = Liabilities + Owners Equity. d. all of these. 91. Liabilities a. are future economic benefits. b. are existing debts and obligations. c. possess service potential. d. are things of value used by the business in its operation. 92. Liabilities of a company would not include . notes payable. b. accounts payable. c. wages payable. d. cash. 93. Liabilities of a company are owed to a. debtors. b. benefactors. c. creditors. d. underwriters. 94. Owners equity can be described as a. creditorship claim on total assets. b. ownership claim on total assets. c. benefactors claim on total assets. d. debtor claim on total assets. 95. Owners equity is often referred to as a. residual equity. b. leftovers. c. spoils. d. second equity. 96. When an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed a. depletions. b. consumptions. c. drawings. d. credit line. 97. Capital is a. an owners permanent investment in the business. b. equ al to liabilities minus owners equity. c. equal to assets minus owners equity. d. equal to liabilities plus drawings. 98. Revenues would not result from a. sale of merchandise. b. initial investment of cash by owner. c. performance of services. d. rental of property. 99. Sources of increases to owners equity are a. additional investments by owners. b. purchases of merchandise. c. withdrawals by the owner. d. expenses. 100. The basic accounting equation cannot be restated as a. Assets – Liabilities = Owners Equity. b. Assets – Owners Equity = Liabilities. c. Owners Equity + Liabilities = Assets. d. Assets + Liabilities = Owners Equity. 101. Owners equity is decreased by all of the following except a. owners investments. b. owners withdrawals. c. expenses. d. owners drawings. 102. A net loss will result during a time period when a. liabilities exceed assets. b. drawings exceed investments. c. expenses exceed revenues. d. revenues exceed expenses. 103. If total liabilities increased by $15,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? . $20,000 decrease b. $20,000 increase c. $25,000 increase d. $30,000 increase 104. If total liabilities decreased by $15,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 increase b. $10,000 decrease c. $10,000 increase d. $15,000 d ecrease 105. If total liabilities decreased by $25,000 and owner’s equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 decrease b. $20,000 increase c. $25,000 increase . $30,000 increase 106. If total liabilities decreased by $15,000 and owner’s equity decreased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? a. $20,000 increase b. $10,000 increase c. $20,000 decrease d. $10,000 decrease 107. If total liabilities increased by $14,000 during a period of time and owner’s equity decreased by $6,000 during the same period, then the amount and direction (increase or decrease) of the period’s change in total assets is a(n) a. $14,000 increase. b. $20,000 increase. c. $8,000 decrease. d. $8,000 increase. 08. The accounting equation for Goodboys Enterprises is as follows: AssetsLiabilitiesOwnerâ€⠄¢s Equity $120,000=$60,000+$60,000 If Goodboys purchases office equipment on account for $12,000, the accounting equation will change to AssetsLiabiltiesOwner’s Equity a. $120,000 = $60,000 +$60,000 b. $132,000 = $60,000 +$72,000 c. $132,000 = $66,000 +$66,000 d. $132,000 = $72,000 +$60,000 109. As of June 30, 2008, Houston Company has assets of $100,000 and owner’s equity of $5,000. What are the liabilities for Houston Company as of June 30, 2008? a. $85,000 b. $90,000 c. $95,000 d. $100,000 110. Owners equity is increased by a. drawings. b. revenues. c. expenses. d. liabilities. 111. Owners equity is decreased by a. assets. b. revenues. c. expenses. d. liabilities. 112. If total liabilities increased by $4,000, then a. assets must have decreased by $4,000. b. owners equity must have increased by $4,000. c. assets must have increased by $4,000, or owners equity must have decreased by $4,000. d. assets and owners equity each increased by $2,000. 113. Collection of a $500 Accounts Receivable a. increases an asset $500; decreases an asset $500. b. increases an asset $500; decreases a liability $500. c. ecreases a liability $500; increases owners equity $500. d. decreases an asset $500; decreases a liability $500. 114. Revenues are a. the cost of assets consumed during the period. b. gross increases in owners equity resulting from business activities. c. the cost of services used during the period. d. actual or expected cash outflows. 115. If an individual asset is increased, the n a. there must be an equal decrease in a specific liability. b. there must be an equal decrease in owners equity. c. there must be an equal decrease in another asset. d. none of these is possible. 116. If services are rendered for credit, then . assets will decrease. b. liabilities will increase. c. owners equity will increase. d. liabilities will decrease. 117. If expenses are paid in cash, then a. assets will increase. b. liabilities will decrease. c. owners equity will increase. d. assets will decrease. 118. If an owner makes a withdrawal of cash from a proprietorship, then a. there has been a violation of accounting principles. b. owners equity will increase. c. owners equity will decrease. d. there will be a new liability showing the owner owes money to the business. 119. If supplies that have been purchased are used in the course of business, then a. liability will increase. b. an asset will increase. c. owners equity will decrease. d. owners equity will increase. 120. As of December 31, 2008, Anders Company has assets of $35,000 and owners equity of $20,000. What are the liabilities for Anders Company as of December 31, 2008? a. $15,000 b. $10,000 c. $25,000 d. $20,000 121. Which of the following events is not a business transaction? a. Investment of cash by the owner b. Hired employees c. Incurred utility expenses for the month d. Earned revenue for services provided 122. Net income results when a. Assets ; Liabilities. b. Revenues = Expenses. c. Revenues ; Expenses. d. Revenues ; Expenses. 123. Owners capital at the end of the period is equal to a. owners capital at the beginning of the period plus net income minus liabilities. b. owners capital at the beginning of the period plus net income minus drawings. c. net income. d. assets plus liabilities. 124. A balance sheet shows a. revenues, liabilities, and owners equity. b. expenses, drawings, and owners equity. c. revenues, expenses, and drawings. d. assets, liabilities, and owners equity. 125. An income statement a. summarizes the changes in owners equity for a specific period of time. b. eports the changes in assets, liabilities, and owners equity over a period of time. c. reports the assets, liabilities, and owners equity at a specific date. d. presents the revenues and expenses for a specific period of time. 126. If the owners equity account increases from the beginning of the year to the end of the year, then a. net income is less than owner drawings. b. a net loss is l ess than owner drawings. c. additional owner investments are less than net losses. d. net income is greater than owner drawings. Use the following information for questions 127–129. Jimmys Car Repair Shop started the year with total assets of $270,000 nd total liabilities of $180,000. During the year, the business recorded $450,000 in car repair revenues, $255,000 in expenses, and Jimmy withdrew $45,000. 127. Jimmys Capital balance at the end of the year was a. $240,000. b. $225,000. c. $285,000. d. $195,000. 128. The net income reported by Jimmys Car Repair Shop for the year was a. $150,000. b. $195,000. c. $90,000. d. $405,000. 129. Jimmys Capital balance changed by what amount from the beginning of the year to the end of the year? a. $45,000 b. $195,000 c. $90,000 d. $150,000 130. The balance sheet is frequently referred to as a. an operating statement. . the statement of financial position. c. the statement of cash flows. d. the statement of owners equity. 131. The primar y purpose of the statement of cash flows is to report a. a companys investing transactions. b. a companys financing transactions. c. information about cash receipts and cash payments of a company. d. the net increase or decrease in cash. 132. All of the financial statements are for a period of time except the a. income statement. b. owners equity statement. c. balance sheet. d. statement of cash flows. 133. The ending owners equity amount is shown on a. the balance sheet only. b. he owners equity statement only. c. both the income statement and the owners equity statement. d. both the balance sheet and the owners equity statement. 134. Benson Company began the year with owner’s equity of $175,000. During the year, the company recorded revenues of $250,000, expenses of $190,000, and had owner drawings of $20,000. What was Benson’s owner’s equity at the end of the year? a. $255,000 b. $215,000 c. $405,000 d. $235,000 135. Ed Dexter began the Dexter Company by inve sting $20,000 of cash in the business. The company recorded revenues of $185,000, expenses of $160,000, and had owner drawings of $10,000. What was Dexter’s net income for the year? a. $15,000 b. $35,000 c. $25,000 d. $45,000 136. Jenner Company began the year with owner’s equity of $15,000. During the year, Jenner received additional owner investments of $21,000, recorded expenses of $60,000, and had owner drawings of $4,000. If Jenner’s ending owner’s equity was $46,000, what was the company’s revenue for the year? a. $70,000 b. $74,000 c. $91,000 d. $95,000 137. Janzen Company began the year with owner’s equity of $217,000. During the year, Janzen received additional owner investments of $294,000, recorded expenses of $840,000, and had owner drawings of $56,000. If Janzen’s ending owner’s equity was $531,000, what was the company’s revenue for the year? a. $860,000 b. $916,000 c. $1,154,000 d. $1,210,000 Use the following information for questions 138-139. Benny’s Repair Shop started the year with total assets of $100,000 and total liabilities of $80,000. During the year, the business recorded $210,000 in revenues, $110,000 in expenses, and owner drawings of $20,000. 138. Owner’s equity at the end of the year was a. $120,000. b. $100,000. c. $80,000. d. $90,000. 139. The net income reported by Benny’s Repair Shop for the year was a. $80,000. b. $100,000. c. $60,000. . $190,000. Use the following information for questions 140–141. Berwick Company compiled the following financial information as of December 31, 2008: Revenues$140,000 Berwick, Capital (1/1/08)105,000 Equipment40,000 Expenses125,000 Cash35,000 Berwick, Drawings10,000 Supplies5,000 Accounts payable20,000 Accounts receivable15,000 14 0. Berwick’s assets on December 31, 2008 are a. $235,000. b. $170,000. c. $80,000. d$95,000. 141. Berwick’s owner’s equity on December 31, 2008 is a. $105,000. b. $110,000. c. $80,000. d. $120,000. 142. Ironton Company’s owner’s equity at the beginning of August 2008 was $300,000. During the month, the company earned net income of $60,000 and owner’s drawings were $20,000. At the end of August 2008, what is the balance in owner’s equity? a. $260,000 b. $300,000 c. $340,000 d. $380,000 143. On January 1, 2008, Jackson Company reported owner’s equity of $470,000. During the year, the owner withdrew cash of $20,000. At December 31, 2008, the balance in owner’s equity was $500,000. What amount of net income or net loss would the company report for 2008? a. Net income of $30,000 b. Net loss of $50,000 c. Net income of $10,000 d. Net income of $50,000 Use the following information for questions 144–146. Jenkins Catering started the year with total assets of $20,000 and total liabilities of $5,000. During the year, the business recorded $16,000 in catering revenues and $8,000 in expenses. Jenkins made an additional investment of $3,000 and withdrew cash of $5,000 during the year. 144. The owner’s equity at the end of the year was a. $21,000. b. $18,000. c. $8,000. d. $2,000. 145. The net income reported by Jenkins Catering for the year was a. $16,000. b. $11,000. c. $8,000. d. $3,000. 146. Owner’s equity changed by what amount from the beginning of the year to the end of the year? a. $15,000 b. $14,000 c. $6,000 d. $3,000 147. During the year 2008, Toronto Enterprises earned revenues of $45,000, had expenses of $25,000, purchased assets with a cost of $5,000 and had owner drawings of $3,000. Net income for the year is a. $45,000. b. $20,000. c. $17,000. d. $15,000. 148. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, no additional investments were made and the company earned net income of $4,000. If owner’s equity at October 31 totals $32,000, what amount of owner drawings were made during the month? a. $0 b. $1,000 c. $3,000 d. $7,000 149. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, no additional investments were made and the company posted a net loss of $3,000. If owner’s equity at October 31 totals $32,000, what amount of owner drawings were made during the month? a. $0 b. $1,000 c. $3,000 d. $7,000 150. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, the owner made additional investments of $2,000 and the company earned net income of $6,000. If owner’s equity at October 31 totals $40,000, what amount of owner drawings were made during the month? a. $0 b. $3,000 c. $4,000 d. $5,000 151. At October 1, Bennington Enterprises reported owner’s equity of $35,000. During October, the owner made additional investments of $5,000 and the company posted a net loss of $3,000. If owner’s equity at October 31 totals $35,000, what amount of owner drawings were made during the month? a. $0 b. $2,000 c. $3,000 d. $5,000 Additional Multiple Choice Questions 152. Which of the following is not part of the accounting process? a. Recording b. Identifying c. Financial decision making d. Communicating 153. The first part of the accounting process is a. communicating. b. identifying. c. processing. d. recording. 154. Keeping a systematic, chronological diary of events that are measured in dollars and cents is called a. ommunicating. b. identifying. c. processing. d. recording. 155. Auditing is a. the examination of financial statements by a CPA in order to express an opinion on their fairness. b. a part of accounting that involves only recording of economic events. c. an area of accounting that involves such activities as cost accounting, budgeting, and accounting information systems. d. conducted by the Securities and Exchange Commission to ensure that registered financial statements are presented fairly. 156. Internal users of accounting information include all of the following except a. company officers. b. investors. c. marketing managers. . production supervisors. 157. The organization(s) primarily responsible for establishing generally accepted accounting principles is(are) the FASBSEC a. nono b. yesno c. noyes d. yesyes 158. The primary accounting standard-setting body in the United States is the a. Financial Accounting Standards Board. b. International Accounting Standards Board. c. Internal Revenue Service. d. Securities and Exchange Commission. 159. A proprietorship is a business a. owned by one person. b. owned by two or more persons. c. organized as a separate legal entity under state corporation law. d. owned by a governmental agency. 160. A net loss will result during a time period when a. assets exceed liabilities. b. assets exceed owners equity. c. expenses exceed revenues. d. revenues exceed expenses. 161. The Ryder’s Uptown Grill received a bill of $400 from the Erml Advertising Agency. The owner, John Ryder, is postponing payment of the bill until a later date. The effect on specific items in the basic accounting equation is a. a decrease in Cash and an increase in Accounts Payable. b. a decrease in Cash and an increase in J. Ryder, Capital. c. an increase in Accounts Payable and a decrease in J. Ryder, Capital. d. a decrease in Accounts Payable and an increase in J. Ryder, Capital. 162. James Company purchases $600 of equipment from Mundelein Inc. for cash. The effect on the components of the basic accounting equation of James Company is a. an increase in assets and liabilities. b. a decrease in assets and liabilities. c. no change in total assets. d. an increase in assets and a decrease in liabilities. 163. Morreale Beaver Company buys a $12,000 van on credit. The transaction will affect the a. income statement only. b. balance sheet only. c. income statement and owners equity statement only. d. income statement, owners equity statement, and balance sheet.

3 Top Tips for Writing Exceptional Georgetown Essays

3 Top Tips for Writing Exceptional Georgetown Essays SAT / ACT Prep Online Guides and Tips With an acceptance rate of just 17 percent, Georgetown is ranked as an extremely competitive school. If you want to be a part of the student body, you need to impress, and one of the best opportunities you have to do that is in your Georgetown essays. Don’t let the Georgetown essay prompts intimidate you. Though they may look complicated at first- and they do ask complex questions- some foresight and planning will help you write essays that are sure to impress. This guide will walk you through the Georgetown essays, giving you a look into the expectations and thought process behind each of the essay prompts. Feature Image:Patrickneil/Wikimedia Commons What Should You Know About the Georgetown Essay Prompts? Georgetown doesn't use the Common or Coalition Application. Instead, you’ll be filling out an application tailored specifically to their desires, though it may cover most of the same information. Because of that, you’ll want to pay extra close attention to what you discuss in your essays. Your essays should be tied specifically to Georgetown rather than the more general approach of the Coalition or Common Application. The Georgetown essays include one short essay of about a half-page, single-spaced, one longer one-page essay required of all students, and a second one-page essay specifically tied to one of Georgetown’s four schools: Georgetown College, the School of Nursing and Health Studies, Walsh School of Foreign Service, and the McDonough School of Business. Students in the arts- specifically music, dance, theater, and studio art- may submit additional portfolios as part of their application, but it isn’t required. Writing your Georgetown essays might feel something like this, but there's a clear path through! What Are the Required Georgetown Essay Prompts? Because Georgetown’s application is only for Georgetown, you’ll immediately notice that they’re a lot more specific than the Common or Coalition prompts. You should keep that specificity in mind as you answer the questions, thinking not just about why you want to go to a good school, but why you want to attend Georgetown specifically. How to Answer the Georgetown Short Essay Prompt Briefly discuss the significance to you of the school or summer activity in which you have been most involved.(One half-page, single spaced.) This question is pretty straightforward. Though you’ve no doubt discussed your extracurriculars throughout your application, this question asks you to think deeper about one of them. Ask yourself why you do those activities, and what they personally mean to you. â€Å"Why,† not â€Å"what,† should be the question you’re answering. Flesh out your mentions of extracurriculars in your application with discussions of why you do them and what you’ve learned. The activity you discuss should be significant to you- not something you do purely for fun or something you do because your parents make you. As with the first question, don’t inflate things to look more impressive. If you spent most of your summer watching TV, that might be relevant if you’re an aspiring screenwriter, and you can mention it- but again, answer the question ofwhy. Why did you choose the shows you did? What did you learn from them? That said, watching TV isn’tthe bestchoice. You’d be better off discussing how you spent your summer working on an original short film or participating in a workshop for aspiring screenwriters- but no matter what your preferred activity, there is a way to discuss why it’s significant to you and what you learned from it. This prompt gives you space to discuss your interests, particularly the things that can’t be represented by numbers as grades and test scores can. It gives Georgetown a clearer picture of you, which helps in their decision. This is also a space to expand on participation. Maybe you never became captain of the swim team and you’ve been worried that the lack of leadership might count against you. In this essay, you can explain that though that was your goal, you didn’t quite make it- but that you learned a lot anyway. This essay really is about what’s significant to you, so there are no wrong answers- it’s your execution that matters. Avoid being too general, or focusing too much on picking the most impressive thing from your roster if that thing didn’t actually matter to you. Be genuine with what’s significant to you and your essay will be stronger for it. This essay is the perfect one to show off what makes you unique. How to Answer the Georgetown Essay Prompt for All Applicants As Georgetown is a diverse community, the Admissions Committee would like to know more about you in your own words. Please submit a brief essay, either personal or creative, which you feel best describes you. (One page, single-spaced.) Notice how the emphasis on this question is on you. This is called a â€Å"Why You?† style essay- though the application is for Georgetown, the admissions office wants to know why you’ll be a good fit for the college and what you in particular will bring to the student body. What this means is that Georgetown doesn’t want to hear about how they have the best program or the greatest campus. They want to know about you and what makes you unique. When answering this question, think about what makes you a good fit for Georgetown’s student body. Consider their mission statement, their origin as a Catholic and Jesuit college, and what that means today. That doesn’t mean that you need to identify yourself as Catholic if you aren’t (please don’t do that), but that you should consider the role that faith plays in Georgetown’s approach to education. How does their mission statement connectto your own life and educational goals? Demonstrating that you understand the school’s mission and how you can contribute to it as a student is one of the most important parts of this question. But â€Å"Why You?† is only part of the question. The specific mention of diversity is important, too. Its inclusion in the question means that it’s important to Georgetown, and they want you to demonstrate that it’s important to you, too. Don’t get too fixated on typical meanings of â€Å"diverse.† We often use the word to refer to the variety of genders, sexualities, races, socio-economic statuses, and so on that exist in the world, but diversity of thought is worthwhile, too. Of course, you should write about your gender, sexuality, race, and so on if it’s relevant to what you’ll bring to campus- and it often is- but don’t feel like it’s all you have to offer. Think about what your experience has taught you, and how those lessons will contribute to Georgetown’s diverse student body. That can mean discussing overcoming socio-economic hardship, or it can mean relating how you and your seven brothers used to squabble until you realized working together got chores done faster. Everybody has a unique story to tell, and this is Georgetown offering you space to tell yours. Georgetown invites you to get creative here, but if you want to take a more embellished approach than a traditional essay, be sure that that creativity comes through in your writing and language rather than in the events. Don’t inflate things to look more interesting or diverse than you are- this is your chance to flesh out the grades and test scores with your personality, so be sure it’s your personality that the admissions office sees. How to Answer the Georgetown College Essay Prompt Georgetown College is the largest undergraduate school at Georgetown University, and contains many of the school's arts and sciences programs. What does it mean to you to be educated? How might Georgetown College help you achieve this aim? (Applicants to the Sciences and Mathematics or the Faculty of Languages and Linguistics should address their chosen course of study.) (One page, single-spaced.) This question is asking about your personal relationship with education and learning. But more than that, it’s asking you why you want to attend Georgetown, making it a â€Å"Why Us?† essay. When answering this prompt, think about your goals and how Georgetown fits into them. They don’t need to hear about how they’re a good school and you’ve always wanted to attend a competitive college- they already know that, and most other students also want to attend a good school. Why Georgetown specifically, as opposed to all the other possible schools you could apply to? This is a good place to demonstrate familiarity with their mission and curriculum. Are there particular classes or faculty driving your decision to attend? Mention them! Think holistically here. How will attending Georgetown enrich your education and help you reach your career goals? Keep their mission statement in mind as you write- consider the ideas of diversity, service to humanity, and community and how those fit into your goals. Again, avoid generalities. Your essay should have enough concrete connection to Georgetown that you couldn’t easily swap another school’s name in and still have it make sense. Of course, there will always be some overlap with other schools, but be sure that the true spirit of Georgetown comes through in your essay. Give yourself some time to prepare for your Georgetown essay and you'll be feeling like this. How to Answer the Georgetown School of Nursing Health Studies Essay Prompt Georgetown’s School of Nursing and Health Studies is exactly what it sounds like. This is where you’ll be applying if you’re interested in any of the health care fields, which is reflected in the prompt. Describe the factors that have influenced your interest in studying health care. Please specifically address your intended major (Global Health, Health Care Management Policy, Human Science, or Nursing).(One page, single-spaced.) This question isn’t quite a clear-cut â€Å"Why Us?† or â€Å"Why You?† question, unlike the previous ones. Instead, it’s asking â€Å"Why Health Care?† Again, always keep in mind Georgetown’s mission as a college: diversity, discussion, and the wellbeing of humanity. All of these things can factor into your essay in a meaningful way. Think beyond health care being a reliable and well-paying field. Why do you want to care for people? Why the health field, specifically? Tying Georgetown’s mission into this question is a great way to demonstrate your interest in the field, but also in the specific ways that this school teaches. In this question, Georgetown wants you to demonstrate your interest in the field. If you’re invested in health care, you’re more likely to succeed in the program. The admissions office also wants to know what passion and interest you’ll bring to the school, making you a student they want to invest in. If you don’t already know why you’ve chosen to pursue health care over other fields, now’s the time to start thinking about it. Health care can often be thankless, difficult, and even frightening if you’re working in emergency situations. What drives you to do it anyway? Maybe you’ve struggled with illness yourself, and you want to commit to researching cures. Or maybe you’re fascinated by the ways that disease impacts society, and you want to learn more about prevention and how to enact it on an individual basis. No matter what your career goal is, it’s important that you can explain why you’ve chosen this field over all others. However, be sure you can tie your interest to Georgetown specifically. Your essay will be even stronger if it explains not just what appeals to you about health care, but why Georgetown is the right college to help you achieve your goals. How to Answer the Walsh School of Foreign Service Essay Prompt If you’re interested in international relations, Wash School of Foreign Service is likely where you’ll be applying. Briefly discuss a current global issue, indicating why you consider it important and what you suggest should be done to deal with it.(One page, single-spaced.) Though college essays are generally not the place to launch into potentially inflammatory political topics, this question is specifically asking you to discuss a global issue. However, your answer should be well-reasoned and informed, demonstrating a thorough understanding of not just the side you agree with, but also the arguments of the opposition. This question wants you to demonstrate your awareness of the world. As a student of foreign service, you should be acquainted with what’s happening around the world and concerned with how to address important issues. You should use this opportunity to demonstrate not only what you know, but how you think about it, keeping in mind Georgetown’s mission of diversity and care for humanity. If you can show that you are interested in and engaged with the world, you demonstrate to Georgetown that you have a genuine interest in foreign service. But the service part is also important- don’t forget the part of the question that asks for your suggestions as to what can be done about the issue. Though Georgetown will no doubt be impressed if you manage to truly solve world hunger in your application, don’t worry too much about coming up with a wild, unheard-of solution. You need to support your ideas more than anything, showing Georgetown how you can address issues on a global scale with thoughtfulness and an understanding of context. Avoid focusing on an issue solely because it's a popular one if you don’t have the understanding to back it up. Georgetown wants your informed thinking on a specific topic, not an uninformed opinion on a global problem. Poverty is a global issue with plenty of potential solutions, but it's also a complex issue with many contributing factors, all of which vary throughout the world. What'sone angle that you understand well enough to speak confidently about it? A global issue is naturally going to be a big topic, but by focusing on an area you understand- such as food scarcity, a history of colonization, or climate change- your essay will be sharp and clear. The McDonough School of Business' prompt is all about why you've chosen Georgetown. How to Answer the McDonough School of Business Essay Prompt The McDonough School of Business is exactly what it sounds like. If you’re attending Georgetown with an interest in business, you’ll need to answer the following prompt: â€Å"The McDonough School of Business is a national and global leader in providing graduates with essential ethical, analytical, financial and global perspectives. Please discuss your motivations for studying business at Georgetown.†(One page, single-spaced.) The McDonough School of Business prompt is a classic â€Å"Why Us?† question, asking you to identify not just that Georgetown is a good school, but why it’s the right school for you and your interests. To answer this question, consider the university’s ethos and curriculum. Look at their course offerings and consider those as well as whatever reasons you have for applying. Think specifically, not generally- beyond it being a well-respected university, what does Georgetown have to offer you that other well-respected universities do not? Georgetown wants to hear that you’re committed to their program specifically, so answer in specifics. Identify features of their program in particular, and be sure to answer the question of why those features draw you to Georgetown. If you have a personal anecdote about Georgetown, such as a moment on a tour, a personal connection to the campus, or admiration for a particular alumni, this essay is a good place to discuss it. If not, it’s always a good idea to use concrete specifics, such as classes and extracurriculars that appeal to you. Fold those into a discussion of Georgetown’s mission and your own career goals to paint a complete picture of why this is the right school for you. This could be you and your new classmates at Georgetown. What Does a Successful Georgetown Essay Look Like? Planning an essay can be difficult as you try to weigh what the school might want against everything you could possibly cover. Thankfully, there's at least one successful Georgetown essay out there you can read in its entirety: "Listen, girl. He's over 60 and speaks no English. There is no way we would hire him." His tone was rude, but I sadly understood why my dad wasn't hired. I faced my hopeful dad and watched his smile drop as I told him that Dave just remembered that they hired someone yesterday and that they really couldn't afford to hire anyone else. My dad was disappointed, but nonetheless he graciously shook Dave's hand and thanked him for his time.Job searching is difficult for everyone, but in a world full of Daves, it's almost impossible. Daves are people who look at my family and immediately think less of us. They think illegal, poor and uneducated. Daves never allow my dad to pass the first round of job applications. Daves watch like hawks as my brother and I enter stores. Daves inconsiderately correct my mother's grammar. Because there are Daves in the world, I have become a protector for my family. I excuse their behavior as just being a "typical American." I convince my mother that they are only staring at her lovely new purse. I convince my dad they are only shouting about store sales to us. Aside from being a protector, I am also an advocate. As an advocate, I make sure my family is never taken advantage of. I am always looking out for scams and discrepancies. I am the one asking the questions when we buy or sell a car. I make sure all details are discussed and no specifics are left unanswered. It’s not hard to see why the writer was accepted to Georgetown. This essay clearly demonstrates her experience and understanding of the world. The last paragraph is a great example of how to turn that experience into something actionable- she wants to go into public service, politics, or diplomacy because of how she’s helped her parents and the bigotry she’s witnessed as she’s done so. We know from reading exactly what the writer will bring to Georgetown: an understanding of the world and the way it’s treated her and her family. She demonstrates her understanding of diversity clearly, which answers the first prompt- it shows what makes her unique as well as what she’ll contribute. The essay shows her personal story and how that’s influenced her lifelong plans. Because the admissions office understands where she comes from and the essay finishes with where she hopes to go- as well as covering some of the obstacles she’s overcome- they have a complete picture of her as a student. One area the essay could be improved is strengthening the connection to Georgetown specifically. This essay is quite strong- she did get into Georgetown with it- but spending a little more time reflecting on how her life experience connects to Georgetown’s mission would give it a little extra oomph. As it is, this could be an application essay for pretty much any school. Drawing a clear connection from your experiences to the college you’re applying to demonstrates a stronger degree of interest, making your essay stand out. Prepare ahead of time and your Georgetown essays will be far easier. Key Points of Advice for Georgetown Essays No matter which prompts you're answering, it's a good idea to follow general advice for your Georgetown essays, too. Though the application for Georgetown is unique to the school, it still follows most of the common rules of college applications, so be sure to read up on some common tips for college applications. #1: Read Prompts Carefully Don’t just answer the surface-level question. You have quite a bit of space to answer each of these, so read each one carefully, understand the deeper questions it might be asking, such as â€Å"Why You?† and be sure to answer those as well. Brainstorming will be a huge help here, as you can get all of your ideas out and select the ones that support your point the best. #2: Connect Your Story to Your School When you're writing "Why Us?" essays, think about your story- the things that have made you who you are, your ambition, your goals- and add in how Georgetown is the next step on your journey.Think beyond that it has a good reputation or that lots of impressive people have graduated from there. Draw a clear line between you and Georgetown by tying your experience in with its curriculum and mission statement. This will demonstrate that you’re not just reusing the same essay for a bunch of schools, and that Georgetown is your real goal. #3: Edit and Revise Editing and revision are your best friends when it comes to a polished Georgetown essay. Don’t just fire off a draft and call it good. Spend some time planning, writing, editing, and revising, being sure to start early so you can let your drafts rest between readings. Spending more time will take some of the stress out of writing and let you put in more effort to get it into shape. The longer you have, the more thought you can put into it, so start early! What’s Next? Give yourself plenty of time to get your Georgetown essay done by staying on top of all the deadlines for your application. What else do you need to get into your dream school aside from stellar essays? This guide has all the requirements to get into Georgetown. Even if you're not going to Georgetown, you should understand the college application process from start to finish. This helpful guide will walk you through applying to college starting from your freshman year of high school! Want to write the perfect college application essay? Get professional help from PrepScholar. Your dedicated PrepScholar Admissions counselor will craft your perfect college essay, from the ground up. We'll learn your background and interests, brainstorm essay topics, and walk you through the essay drafting process, step-by-step. At the end, you'll have a unique essay that you'll proudly submit to your top choice colleges. Don't leave your college application to chance. Find out more about PrepScholar Admissions now: