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"The area of internal auditing is ripe for a wide variety of research" (Sarens G., Beelde D.I, 2004, p. 2)Internal audit is an appraisal activity which is established as a service to the organisation. The IIA defines the New Internal Auditing definition as "an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes." (IIA, 1999) .This definition recognises that providing assurance services to management is broader than the more
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that have arisen in the past. The author mentions the practice of hiring auditors for positions in the accounting and finance departments after the audit is completed. Other potential conflicts came about because of lucrative non-audit business between firms. As Martin (2007) states, "the Sarbanes-Oxley Act of 2002 addressed several of these potential sources of conflict."The article goes on to discuss the auditor's role in assessing client ethics. The author identifies "three sources of the demand within the auditing process for auditors to understand and assess the integrity and ethical values of audit clients - audit planning, consideration of fraud, and reporting on internal controls
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only provided Enron with audit services, but also with non-audit services. Anderson was a major business partner, soliciting and selling millions in consulting services to Enron. Anderson was also responsible for some of Enron?s internal bookkeeping. Although questionable, it is far too normal for a big accounting firm, like Anderson, to provide such services to their audit clients. However, chief executive of Arthur Andersen, Joseph Berardino, suggested that the company might stop selling consulting services to firms it audits.Former U.S. Federal Reserve Chairman, Paul Volcker has been named to head an ?advisory board? to restore the tarnished image of Anderson. He has stated that auditing
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. SolarPower experiences this just like most other companies. SolarPower must make every effort possible to ensure that the employees and the surrounding communities are protected from the hazards that may be encountered during the manufacturing process. SolarPower has a laboratory at each manufacturing facility staffed with trained technicians that monitor treated water and allows for metals detection below permit levels.SunPower has implemented a management system for self-auditing that contains a clear set of standards, responses to infractions, and a published schedule of audit dates. SunPower's management is paid according to the results of the scheduled audit. Unfavorable audit results with
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Personal Data Statement
I confirm that all the information I have given is correct.
I am aware that personal data relating to myself (including, where relevant, sensitive personal data*), whether obtained from myself or from any other source, will be retained by SEMESTER RECRUITMENT ('the Agency') for the purposes of providing temporary work and/or employment opportunities and/or training and/or auditing.
I understand and agree that the Agency may pass information contained within and resulting from my application (including references, credit checks and all forms completed by me) to <> and/or Reed Specialist Recruitment Limited (‘Reed'), who act as <> managing agent for recruitment.
I
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companies mentioned are private companies and that each item is at least material.
a. Barefield Corporation, a wholly owned subsidiary of Sandy, Inc., is audited by another CPA firm. As the auditor of Sandy, Inc., you have assured yourself of the other CPA firm's independence and professional reputation. However, you are unwilling to take complete responsibility for its audit work.
b. The management of Bonner Corporation has decided to exclude the statement of cash flows from its financial statements because it believes that its bankers do not find the statement to be very useful.
c. You are auditing Diverse Carbon, a manufacturer of nerve gas for the military, for the year ended September 30
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641 words - 3 pages
better pay and employment rights in favour of countries like China, where these are less of a cost. She points to a photo published in 1996 showing children in Pakistan stitching Nike footballs as an example of the use of child labour. Other critics have suggested that Nike should publicise all of its factories, and allow independent inspection to verify conditions there. Any auditing carried out by Nike should be made public.Nike accuses Naomi Klein of peddling inaccurate and old information. They point out that they have not abandoned countries as she claims, and remain in Taiwan and Korea despite the higher wages and labour rights. They admit that the 1996 photo documented what they describe
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. Andersen shunted aside accountants who failed to adapt to the firm's new direction. In their place, Andersen promoted a slicker breed who could turn modestly profitable auditing assignments into consulting gold mines.In the years before WorldCom Inc. announced the $3.9 billion in improper accounting that led to its bankruptcy this summer, the telecommunications giant was plagued by loose business practices, inadequate financial disclosure, and widespread internal chicanery and corruption. Salespeople and managers boosted their commissions by manipulating the company's billing systems. Orders for services or equipment were booked even if they were not provided, so that departments could meet
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target must visit a malicious page or open a malicious file.
11. What is a Zero Day attack and how does this relate to an organization’s vulnerability window? It’s an attack that exploits a previously unknown vulnerability in a computer application, one that developers have not had time to address and patch.
12. How can you mitigate the risk from users and employees clicking on an embedded URL link or email attachment from unknown sources? Continue with the controls that the government organization already has in place to combat malicious e-mail. Connect to the Internet via a Trusted Internet Connection. Take measures to protect the actual PCs used by users.
13. When auditing an organization
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data can be entered by many workstations simultaneously.Databases are vital for almost every company in today's business world. Databases can help us track inventory, billing, pay role, and much more (www.devshed.com). Without the use of databases, work will take infinity longer to accomplish. Another great feature about having a database in place is that you can keep a record of all transitions for auditing and statistic reporting. Many advancements and improvements have been made in databases. They have improved them to the point that they are in use in almost every business. Databases have become commonplace from the costly server based applications to the commonplace client based software like Microsoft Access.References:Information Week (December 4, 2000). Database Grudge Match. In (Ed.), Retrievedwww.About.com.www.devshed.comwww.microsoft.com.www.technolopedia.com.
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communication tower on wildlife birds and bees, by a ministry of Environment and Forests expert committee, shows that the Electromagnetic Radiation is largely responsible for reveals and decreasing egg production of bees. This committee recommended regular auditing of Electromagnetic Radiations levels and creating awareness considering as a pollutant.Mr. Shrikant Deshpande says, "Rules for establishment of mobile towers are not followed. Mobile companies increasing the tower frequencies in order to keep up more towers which in turn negatively affect birds. Studies say Electromagnetic Radiations have unfavorable impact on bees starting an unusual method called colony collapse disorder. The
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continuous auditing is carried out directly with supplier production sites to check procedures and required analysis. The raw material delivered to the factory is checked by a group purpose-built internal protocol in line with modern risk analysis, determine the frequency and type of the physical, microbiological, chemical and organoleptic tests of samples of new incoming goods. Also, they follow the strict internal testing system, and with the help of external certified agency inspections, food safety is also ensured. (www.static.ferrero.com)
Risks associated
Flavour consistency
In order to maintain a consistent flavour, cocoa must be fermented properly, it must not be under-fermented or over
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through the financial statements of One.Tel which of the period 1998-99 which showed that the company had deferred A$48 million of expenditure and a loss of more than A$40 million had been concealed (Barry 2002). Moreover, the Institute of Chartered Accountants of Australia (ICAA) also examined One-Tel financial reports and identified 48 items of concern. The audit partner in charge of One-Tel and BDNP were both reprimanded by the ICAA. Eventually, BDNP was fined A$48000 as well. As per ICAA, the reports prepared by BDNP breached the Corporations Law, Australian accounting standards and Australian auditing standards (Barry 2002).
As they auditors were getting highly paid and was lacking
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Grade level auditing 7th
Assessment Audit
The purpose of this assignment is to apply what you know about the
purposes of assessment and decision-making to your grade level reading and
writing assessments. Imagine that your principal or district curriculum
director has asked you to evaluate the reading and writing assessment plan
for your grade level and provide recommendations about what should be
changed or improved. You are going to conduct an assessment audit:
examining what are current practices and how that compares to best practice.
The first step of this project is to complete a chart that identifies all of
the reading & writing assessments given at your grade level in a typical
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, mandated the creation of the Public Accounting Oversight Board (PCAOB); affectionately called Peek-a-boo. PCAOB is empowered to regulate the public accounting profession, including audit practices of accounting firms, and regulate the auditing standards for audits of public companies. SOX provisions cover auditor independence, corporate responsibility, enhanced financial disclosures, analyst conflict of interest, commission resources and authority, corporate and criminal fraud accountability, white-collar crime penalty, corporate tax returns and corporate fraud accountability (Sarbanes-Oxley Act, 2002). Under Section 406 in Enhanced Financial Disclosures, the issue of code of ethics for senior
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institutions involved in running the EU. The first, being the European Parliament, It's elected by the peoples of the Member States.Second, The EU Council, which represents the governments of each Member State. Third, The Commission, which is the executive branch and body that has the right to initiate legislation. Fourth, The Court of Justice put together to ensure compliance with EU law. Last, The Court of Auditors, who maintain the responsibility for auditing the accounts.These institutions are supported by other bodies: the Economic and Social Committee and the Committee of the Regions (advisory bodies which help to ensure that the positions of the EU's various economic and social categories and
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duties of the Board will include: registering public accounting firms performing audits of public companies; establishing auditing, quality control, ethics, independence and other standards for registered public accounting firms; conducting periodic inspections of all registered public accounting firms, and conducting investigations and disciplinary proceedings and imposing appropriate sanctions upon registered public accounting firms and associated persons (McDonough, 2003). The PCAOB's purpose is "to protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports" (PCAOB, 2006). Similar to the FASB, the PCAOB does
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performance of a business. This paper deals with the scope of accounting, the average wages of an accountant and the professional accounting bodies in different parts of the world.
The accounting jobs in the U.S and internationally keep increasing year over a year. Accountants and auditors have a positive trend in the U.S. “In 2017, there were 1.24 million accountants and auditors and 1.53 million bookkeeping, accounting and auditing clerks employed in the U.S. The number of accountants/auditors and their administrative staff was forecasted to rise to 3.44 million in 2022” (Nace). About half of the accountants in the U.S are licensed CPAs. According to the U.S Bureau of Labor Statistics, the job
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, Riordan will have to implement a new strategy so that the information is completed no more than 3 business days after the end of each month. The current audit is very costly and labor intensive and as a resolution, the company may want to consider external auditing each month as opposed to internal auditing and should be completed on a quarterly or bi-annually basis. In addition, the compliance with new government required reporting requirements at the consolidated level is difficult. This should be corrected by coordinating user/instruction training so that the reporting requirements will not so difficult for the employees and the end user(s).Proposed resolutionThere are some software packages
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. Several methods of analysis assist the reader of financial reports in highlighting the areas
that most likely represent fraudulent accounting methods.
Analytical procedures are used to detect and examine relationships of financial information that do not
appear reasonable. They are useful in identifying:
• Differences that are not expected
• The absence of differences that are expected
General Techniques for Financial Statement Analysis
120 How to Detect and Prevent Financial Statement Fraud
• Potential errors
• Potential fraud and illegal acts
• Other unusual or non-recurring transactions or events
The previous diagram, “Fraud Auditing Process,”7 depicts a series of steps that can be taken
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Arthur Andersen as its auditor, providing yet another area in which the oversight of Enron's Board broke down. It was well understood that Andersen provided not only internal auditing services to Enron, but consulting services as well. These two services were closely linked, and often were referred to as an integrated audit. The problems inherent to an integrated audit are of major concern, as the independence of the auditors is forfeited. The lack of independence occurs because Andersen might audit its own work, in which case "Andersen auditors might be reluctant to criticize Andersen consultants for the LJM or Raptor structures that Andersen had been paid millions of dollars to help design
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restructurings. Consultants also maintain extensive knowledge about recent developments in pay practices and different forms of compensation and benefits prevailing in "peer companies". Access to proprietary surveys that have more detailed information about industry pay practices than is publicly disclosed, makes the consultant's service for a firm even more valuable.From the point of view of the shareholders, lower base pay tied to more cash bonuses and equity based pay tied to firm performance would be more convincing of the company's efforts of trying to nurture long-term benefits of the firm.The IssueJust like in accounting, where the auditing firm should be independent of all the working of
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, Mattel proactively set a Codes of Conduct for its suppliers subjecting their working conditions to auditing and monitoring by an independent commission which created a stir amongst many multinationals about violation of labor rights by the local licensees (Unknown, 1997). This shows a firm as big and highly reputed as Mattel can set an example for others to follow by setting the rules of the game and standards for ethics.Organizational practices and the corporate culture contribute to the management of ethical behavior. S. Prakash Sethi, a professor at Baruch College, part of the City University of New York, having an international reputation as a critic of worker mistreatment, mentions about
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within the agency. Experienced internal auditors can determine if bidding procedures are followed, expenditure ceilings are observed, and purchase vouchers are issued for the exact objects (Williams, 1980, p. 528). Toward that end, federal and state prison systems should benefit from the advanced accounting and auditing standards put out by the American Institute of Certified Public Accountants. These standards devote valuable attention to the investigation of aspects of “fraud, waste, and abuse” (Anechiarico & Jacobs, 1996, p. 139). It should also be made clear that the internal auditors’ ability to audit expenditures by the correctional agencies is neither sufficient nor foolproof. Clever
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1999 state that safety should be manages by adequate
planning, accident and incident investigation, and health & safety auditing.
The Provision and Use of Work Equipment Regulations 1998 (PUWER) is in place to ensure that
work equipment doesn’t cause injury, is suitable for its purpose, is regularly maintained, and is
operated only by those who have adequate training.
The Lifting Operations and Lifting Equipment Regulations 1998 (LOLER) ensure that equipment is
appropriate and sufficient for the proposed use, visibly marked with safety information such as safe
lifting load, equipment used to lift people should be serviced every six months, and all lifting
operations should be planned
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regards the managing the quality in health and social care. All providers must have effective governance, including assurance and auditing systems or processes. These must assess, monitor and drive improvement in the quality and safety of the services provided, including the quality of the experience for people using the service. The systems and processes must also assess, monitor and mitigate any risks relating the health, safety and welfare of people using services and others. Providers must continually evaluate and seek to improve their governance and auditing practice.
In addition, providers must securely maintain accurate, complete and detailed records in respect of each person using the
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not necessarily tangible and it is used to plan and control auditing. Project and program management in government: example: project management can be used in joint commercial / government undertakings (Nicholas:2000)
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Characteristics of project management (continued)
Decision making, accountability, outcomes and rewards are shared among members of the project team and supporting functional units; Although the project is temporary, the functional or subcontracting units from which it is formed are permanent; Projects can originate at different places inside or outside the organisation; Project management sets into motion numerous other support functions such as
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bookkeeping, eroding Andersen's good name. Andersen shunted aside accountants who failed to adapt to the firm's new direction. In their place, Andersen promoted a slicker breed who could turn modestly profitable auditing assignments into consulting gold mines.In the years before WorldCom Inc. announced the $3.9 billion in improper accounting that led to its bankruptcy this summer, the telecommunications giant was plagued by loose business practices, inadequate financial disclosure, and widespread internal chicanery and corruption. Salespeople and managers boosted their commissions by manipulating the company's billing systems. Orders for services or equipment were booked even if they were not
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been taken during the auditing, that of an independent party seeking to assure whether or not the financial records of that particular entity have been compiled and produced to the standards that are generally accepted and if not why so and that it will have been noted.A major difference lies in a different usage of wording in both audits. The US audit for Caterpillar states that the financial reports have been presented 'fairly in all material respects, the financial position of caterpillar inc. and its subsidiaries at December 31, 2002, 2001 and 2000, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2002 in conformity
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that risk scenarios are better met with the power of information. COBIT 5.0 is the exact solution the modern businesses are asking for.
COBIT
COBIT is a framework for developing, implementing, monitoring and improving information technology (IT) governance and management practices.
The COBIT framework is published by the IT Governance Institute and the Information Systems Audit and Control Association (ISACA). The goal of the framework is to provide a common language for business executives to communicate with each other about goals, objectives and results. The original version, published in 1996, focused largely on auditing. The latest version, published in 2013, emphasizes the value that
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strategic analysis tools which can be used to determine the key influences on JP Morgan Chase & Co.'s business environment.The following strategic analysis tools were used to determine the key influences on JP Morgan Chase & Co.'s business environment.S.W.O.T Analysis- SWOT analysis is a tool for auditing an organization and its environment. SWOT stands for strengths, weaknesses, opportunities, and threats. Strengths and weaknesses are internal factors. Opportunities and threats are external factors.SWOT Analysis- PRE-MERGER
Strengths
Weaknesses
JP Morgan Chase is one of the largest financial service firms in the United States.
Competes both globally and regionally.
Operates in over
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independent of the activities audited to ensure that the fact that internal auditors may be employees of the company does not hamper their independence and their ability to be objective. Internal audit should report at a level within the company that allows it to accomplish its responsibilities without undue interference, preferably to the CEO or the chairman.Since risk management includes a system of internal control, the internal auditing function should assist the board and management in identifying, evaluatingand assessing significant organisational risks, and provide assurance as to the effectiveness of related internal controls.Key questions:• Does my company have a strong
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regulations have led to some innovations, regulatory approaches do not elicit the most creative solutions. Flexible incentive-based approaches will more effectively stimulate future innovations. Risk-based approaches, which prioritize concerns on the basis of environmental or health risks, are gaining acceptance in the industry as a means of defining environmentally significant emissions. These can also act as a basis for setting standards globally. Currently, companies handle differences in global standards and regulations by harmonizing and standardizing environmental practices across geographical, political, and cultural boundaries. Such steps may include instituting environmental auditing
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women. All members of the group were Caucasian. All participants attended
public schools before matriculating to the University of Tennessee. All are currently enrolled at
the University of Tennessee and are either enrolled in or auditing Russian 311. The focus group
was conducted in the second-floor HSS study pod. The students in this focus group ranged from
sophomores to seniors in college. The group was 80% liberal, 100% Tennessean; all participants
study in the University of Tennessee School of Arts and Sciences. The sampling represents a
fairly homogenous group geographically, politically, racially, and educationally.
The focus-group session began with a few entry questions
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Set * + Update Where Current of cursor * o New Updatable Views of Joins + o User Defined Function o New + IBM DB2/6000 v2.0 + - + - + - o + + - + o + - + + - + - o + + + + - + + + + - + + + o Security * =Yes Oracle SYBASE Oracle7 SQL Server + =No v7.2 v10.02 Col. Select and Update Privileges * * New Database Authorization * * Password Expiration + * Encryption of PW Inside DB o * New Encryption of PW Over Network o * New non-Procedural Auditing o * New O/S Authorization * + and Authentication Roles with Hierarchy * + (SQL3 style) Roles, Selective Activation * + User Groups or Roles * o IBM DB2/6000 v2.0 * * + - + - + - + - * + o o Security, Multilevel * =Yes Oracle SYBASE Oracle7 SQL Server
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highest ethical standards in their work. The sale and promotion of pharmaceutical products is highly regulated by governments and medical agencies. GSK is aware of the sensitivity and concerns regarding the marketing of medicines and they are absolutely committed to high ethical standards. They have developed marketing codes and policies and provide training to guide sales representatives, to ensure that they behave ethically and comply with the law. GSK have global auditing in place to fully investigate suspected breaches of the Group policies and take appropriate disciplinary action, including dismissal where appropriate.Valuing PeopleGSK employs over 100,000 people in 116 countries
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premisesRetail PremisesFlattened FactoryPriceRentalPriceRentalPriceRentalPriceRental19968.9-1.4-3.2-14.73.3*-13.7-9.9199739.513.013.13.032.34.8-1.50.11998-28.2-16.3-36.9-13.3-27.6-10.0-22.0-10.91999-14.6-11.2-25.7-26.4-22.1-10.1-24.1-15.32000-10.4-1.9-10.1-1.5-6.41.3-8.8-4.62001-12.5-2.8-12.92.7-8.4-1.6-10.6-5.2* = Change less than 0.05%APPENDIX 9Composition of Hong Kong's Banking and Financial Sector:Licensed Banks: 155Restricted Licensed Banks, which cater for projects requiring large financial assistance: 51Deposit Taking Companies, which are directed at consumers: 69Hong Kong has around 1,300 accounting and auditing firms, 1,600 book-keeping firms, 1,200 legal companies and 2,900 business management
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monitoring and auditing by participants,
supervisors and regulators.
Commercial banks, central banks, stock exchanges and major
technology providers, such as IBM and Samsung, are all exploring the
potential uses of distributed ledgers. Fintechs, such as Ripple, Ethereum,
Eris Industries10 and HyperLedger, are also developing new ways to
exchange data and assets enabled by the technology. It is only a matter
of time before distributed ledgers become a trusted alternative for
managing large volumes of transactions.
4. Embedding distributed
ledger technology
A distributed ledger is a network that records ownership through a shared registry
(see Figure 5).
Figure 5: Centralised and distributed
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Persuasive Essay - Gay and Lesbian Rights "If anyone says, 'I love God,' yet hates his brother, he is a liar. For anyone who does not love his brother, whom he has seen cannot love God, whom he has not seen," John 4:20. So, why do heterosexual people hate homosexuals? They are ordinary people with a different lifestyle who would simply like to be treated with respect. Many organized religions believe that a 'gay' lifestyle is wrong. But, if someone is born producing hormones of the opposite sex, shouldn't we have compassion, instead of hating and labeling them as 'morally wrong'? Why are so many people homophobic? Being gay is human, not wrong.Many people say that gays and lesbians are not
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Although a lot of people play baseball two names that come to mind are Mark McGwire and Sammy Sosa. McGwire and Sosa are very good hitters but are also so very different hitters. McGwire and Sosa are very great athletes who share apart of baseball history. McGwire and Sosa are good players but off the field they are very charitable individuals. McGwire and Sosa have many similarities and differences. IT is hard to compare Mark McGwire and Sammy Sosa's statistic's because they haven't been in the league the same amount of time. The only way to fairly evaluate and compare these two individuals is to truly wait until they have both retired from baseball. Today we can only compare them to
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495 words - 2 pages
Each of the characters in The Tempest finds themselves in bondage. However, by the end of the story, the same characters are set free from whatever enslaves them. A few characters one can see enslaved are Prospero, Miranda, Ariel, and Caliban.Prospero is in bondage to his magic. Since his exile by his brother from his dukedom in Milan, he has had but a few books to help pass the twelve long years. During this time, he becomes very proficient in the magic, and often uses magic instead of dealing with people normally. His liberation comes when he gets his dukedom back from his brother and decides to give up magic with the help of the audience's "good hands" (V.i.9) to set him free.Miranda is
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METHODS OF THERAPY Therapy, from a psychologist's viewpoint, has many different meanings. It can be physical or psychological, or even both. In this paper, several different aspects of therapy will be discussed. First the word therapy will be defined more clearly, and then psychotherapy and how it differs from other interactions yet is also similar. Next therapy will be examined from the Psychodynamic, Cognitive and Humanistic-Existential points of view, as well as the differences in their methods and content. I will then address Behavior therapy and some of its uses, as well as the advantages and disadvantages of Group Therapy. Finally I will look at the role of medication in treatment and
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1538 words - 7 pages
Phineas and Gene: A Comparative Study Throughout the story, Phineas and Gene, the two main characters, showed a number of contrasting traits. Phineas was a confident, non competitive, naive, irresponsible, and unintelligent person throughout the story, whereas Gene, Phineas' roommate, was insecure, competitive, mature, responsible, and intelligent throughout the story.Phineas had a confident nature in everything he did. As Phineas and Gene first met, they noticed they were both the same height, but Phineas, being confident, said, "Where did you get that dizzy shirt?"(100). Only a person with extreme confidence could have insulted someone they just met because the other person could have
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2008 words - 9 pages
Mafia. What does this word mean? The actual members of the Mafia aren't even sure where the word first originated or what it really means. One of the theories as to where the word came from is from Sicily, where people would yell " Morte alla Francia, Italia anela!" (Death to France, Italy groans!), therefore forming the acronym MAFIA. Others claim the word derived from the battle cry of rebels who slaughtered thousands of Frenchmen after a French soldier raped a Palermo woman on her wedding day. Their slogan echoed her mother's cry, "Ma fia, Ma fia" (my daughter my daughter). There are other less "glamorous" stories as to where the word originally formed. The most likely reasoning says that
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1354 words - 6 pages
GAME OVER! "I don't like it. People won't be able to come to these games anymore, and I don't like that". A sad nine - year - old fan voices his concerns on the 1994 major League Baseball strike. The '94 baseball season has come to an abrupt end. Players have ceased play because they feel they are being treated unfairly with the owner's plan to impose a salary cap. Owners are finding it difficult to come to terms with their own disagreements. Small market teams are rising to power with their demands while large market team owners are finding it hard to deal with the teams and their issues, while still trying to please the players. In essence, it is a three - way battle between the two sides
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299 words - 2 pages
I wanted to lie down and cry. When I got home from the student/teacher/parent conference in fifth grade my mind was in shambles. After I had done everything possible to pass math, my fifth grade teacher was actually telling my Parents about my alleged poor effort. Poor effort? Didn't I do every homework assignment? Didn't I study every night and miss my favorite television show "Full house"? From an early age, I had been taught that grades are important. Good grades would lead to a college education and bad grades would lead to being a middle class nothing like my parents were.Yet it wasn't the math grade that really bothered me so much, but the fact that I was giving my all which clearly
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2058 words - 9 pages
Multinational Companies: Out for Profit Without Regard for Life
What a company usually wants for its business is for it to be an successful establishment and to make an abundance of profit. Some businesses do not pose any concern on what they have to do to make this profit as long as it done. Multinational companies are firms with their home base in one country and operations in many other nations. (Molyeux, 133). Most of these very immense firms establish in third word countries were they can manufacture the same identical product for very low costs compared to establishing the same firm in the western Countries producing that product. Most of these
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675 words - 3 pages
The Dictionary of Social Work roughly defines middle adulthood as the period between forty-five and sixty-four years of age. There are four main tasks in this stage. They include meeting intimacy and family needs, satisfying achievement needs, taking care of elderly parents, and coping with end of life issues. Erikson identifies the need for achievement during midlife, which fits into his stage of generativity vs. stagnation. Success in adulthood is defined by feelings of connectedness and the ability to take care of others. Generativity is the satisfaction resulting from positive relationships with family and friends and the idea of leaving a heritage behind. Stagnation, on the other hand
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461 words - 2 pages
Political Socialization There are many ways that our ideas are shaped and influenced as we grow up. This process by which we develop certain ways of thinking is called political socialization. There are three main influences which change and shape us being, the family, the mass media, and formal education.The family definitely has the greatest impact on us as we grow. This is primarily because ever since the beginning of childhood we are exposed to the ideas of our parents. Their ideas are the ideas that young children learn, and soon begin to form these ideas are their own. The saying that "You never get a second chance to make a first impression" holds true here in that this is what first
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533 words - 3 pages
Procrastination and Regrets It's Thursday afternoon and Jack has nothing to do except his homework. However, Jack doesn't feel like doing his homework, so he thinks to himself "I'll do my homework tomorrow night and go to a house party tonight." Ah yes, like many other young adults, Jack has resorted to procrastination. The procrastination bug, like young adults has also become abundant in parents.One thing that many young adults procrastinate about doing is their homework. Many students, when given long-term assignments, put it off until the week or maybe even the night before the assignment is due. This type of procrastinator will wondering to themselves, "Why didn't I do it earlier?" It's
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