The internet plays an important role in our lives, and that is a fact that is universally accepted. It helps us in various ways, such as in our jobs, the impact of the internet on economy
businesses, in areas where information and communication are required and during relaxation. All these activities are related to this innovation of technology. The internet-related environment is complicated, vast, and still very agreeable, making it arouse interest in many people. The internet has portrayed an enormous potential in the development of a business. That has led to the stimulation of the appearance and promotion of concepts that are new such as electronic commerce and electronic business.

The internet has improved channels of communication. Through emails, a business owner can retrieve information about the business, even when the search engine is a bit slow or not working. Buying some of the things through the internet is very convenient. For example, books, CDs, and music is economical and convenient (Angelova, Kiryakova & Yordanova, 2017). Shopping online by the use of the internet has also made life very easy because goods will just be brought at the buyer’s doorstep after delivery. The activity of buying and selling online goes beyond e-commerce and deep into the enterprise’s culture and process.
The internet helps businesses lower costs across the supply and demand chains, create more streams of revenue, take the customer service into a different level, enter new markets, and redefine business relationships. Intercompany trade in the united states doubles every year. According to some statistics, business to business spending in the economy is more significant than consumer spending. The impact of network effects has enabled online stores to move from a handful of evangelizing companies with the clout of strong markets like ford, dell, visa, cisco systems, and general electric to myriad customers and suppliers.

The internet is efficient and fast. It is full of resources that assist businesses to get access to anything they require. Having an online presence offers the company some prestige, helps in improving the visibility of the brand, and helps to increase the potential customer’s confidence in the offer given by the business. Lack of an online presence induces a feeling of dealing with small or weak business to the customers hence having doubts about purchasing a product. There are ten retailers’ policy options suggested to help enterprises to survive the new economy. The options encourage the adoption of electronic shopping to physical businesses.

Both buyers and sellers have increased their efficiency by investing in the capacity to perform their businesses on the internet, which has helped in the reduction of cost. These businesses need to create a self- reinforcing circle by persuading more business partners to do the same thing (Breivold & Rizvanovic, 2018). The integration of the electronic business sector with the traditional or rather the real businesses can be made relative to areas that are functional such as finding sources, human resources, production, marketing, logistics, financing, and investment sources, performance criteria.
With the internet, businesses can get global news instantly since information travels faster. Geography is no longer that important because it does not hinder a company from making essential decisions from anywhere in the world. Businesses are now working for twenty-four hours, seven days a week, from being a nine to five. Especially in the united states, businesses go for three shifts since communication can take place anytime in the day or night. The business size does not matter anymore because even small businesses are offering services that big companies can offer.

Impact on the US economy
The internet sector accounted for two-point one trillion dollars of the US economy in 2018. That was about ten percent of the gross domestic product of the nation. The internet industry in the US has created jobs in every sector of the economy. It is responsible for close to six million direct jobs. These account to four percent of US jobs. Additional thirteen million jobs have been indirectly supported by the internet sector (Leatherman, 2016). The economy has been demonstrated by this sector strong positive downstream effects for supporting two indirect jobs for every internet job.

The internet sector invested Sixty-four billion dollars through capital expenditure into the economy of the united states. The IA members spent more than the fourth two billion dollars alone. Between 2012 to 2018, the internet sector grew nine times faster than the country’s economy. The internet has a great potential in increasing productivity growth in a variety of distinct, but mutually reinforcing ways, such as, first, reducing the transaction costs that are required in producing and distributing services and goods significantly.
Second, increasing the efficiency of management by enabling firms to effectively manage their supply chains and secure communication with customers and partners within the firm. Third, the increase in competition makes prices more transparent, hence broadening markets for sellers and buyers. Fourth, increase of marketing and pricing effectiveness. Lastly, it impacts the increase in consumers’ choice, satisfaction, and convenience in different ways (Hopper, 2018). These impacts manifest in ways such as cheaper transactions across financial service industries resulting in an improved economy.

In conclusion, the internet seems to be taking over all the businesses in the united states. It is doing so at a higher speed than other disruptive technologies of the 20th century, such as cars, electricity, and telephone. With the invention of a simple-to-use browser used for surfing the world wide web, the internet developed a mass-market potential that still affects many people’s daily lives. People are now able to work both from the office and at home. The internet has proved more of an addition to the lives of the people.

References
Angelova, N., Kiryakova, G., & Yordanova, L. (2017). The significant impact of the internet of things on business. Trakia Journal of Sciences, 15(1), 406-412.

Breivold, H. P., & Rizvanovic, L. (2018, July). Business Modeling and Design in the Internet-of-things Context. In 2018 IEEE 11th International Conference on Cloud Computing (CLOUD) (pp. 524-531). IEEE.
Leatherman, J. C. (2016). The internet-based economy and rural economic competitiveness. The American Midwest: Managing Change in Rural Transition: Managing Change in Rural Transition, 197.
Hopper, P. (2018). Understanding development. John Wiley & Sons.

Posted in Blog

Questions
Name
Institution

Discussion Questions
Question #1
 ARP: Address Resolution Protocol is the process of mapping an IP address to a Media Access Control. It, therefore, serves the function of translating 32-bit addresses to MAC addresses, which are 48-bit and vice versa.
 DHCP: Dynamic Host Configuration Protocol allows the server to take the scope of numbers allocated to a network and allocate them to a specific computer as an IP address.
 ICMP: Internet Control Message Protocol is used by devices on the network to determine whether messages are successfully reaching the recipient. The ICMP helps devices detect communication issues across the network.
 SNMP: Simple Network Management Protocol uses agents in the form of utility programs to monitor the network’s behavior and traffic and store the information on a management information base (Rouse, 2019). The programmed utility is usually loaded on devices such as routers, servers, or hubs.
 DNS: A domain name service aid TCP/IP protocols identify hosts by their IP addresses. DNS servers translate host addresses instead of giving users the task of memorizing the domain names.
Question #2
 Bastion host: A specialized computer that acts as a gateway from a public to a private network. It is exposed to the public network and outside a firewall or between two firewalls as it logs access on a proxy server (Bittlingmeier and King, 2003).
 DMZ: A subnetwork that faces outward to create a node that is exposed to attacks before they reach the main network. The role of a DMZ is to add an extra layer of protection.
 Dual-homed firewall: A technique whereby two network interfaces are placed between a trusted and untrusted network. The firewall is application-based, and its role is to provide security services to untrusted networks.
 Screened host: Both a proxy server and a router are used as security layers. The role is to form a closed network where the router is the first to screen for disallowed access then the proxy server acts as the web server’s front end.
 Screened subnet: The use of three components that act as firewalls. Most routers are used, and they make up the internal, external, and perimeter components. The role is to offer a public interface, buffer, and additional subnet.
Question #3
The four main VPN access tunneling protocols are OpenVPN, PPTP, SSTP, and L2TP/IPSec. PPTP is known as Point-to-Point Tunneling Protocol, and it is the easiest method to use. It requires only a password, username, and IP address to connect to the corporate servers. The protocol uses TCP ports to send and receive data across the network to the server. However, this method was phased out due to numerous vulnerabilities that were prone to attacks. There is then the use of Layer 2 Tunneling Protocol (L2TP) alongside an Internet Protocol Security (IPSec). This protocol encapsulates and encrypts data hence creating dual security measures for the data being transmitted across the tunnel. SSTP is known as Secure Socket Tunneling Protocol, and it transmits data through the SSL, which works in conjunction with the Transport Layer Security on the Windows OS (Athow, 2019). For the OpenVP, the protocol was developed recently, enabling open source AES 256-bit encryption of data packets being transmitted over the network. Users can select from a range of cryptographic algorithms, and the method is supported on any OS.
References
Athow, D. (2019). VPN Tunnels explained: what are they, and how can they keep your internet data secure computer science homework help. Retrieved from https://www.techradar.com/vpn/vpn-tunnels-explained-how-to-keep-your-internet-data-secure#:~:text=Types%20of%20VPN%20tunneling%20protocols,most%20or%20all%20of%20them.
Bittlingmeier, D. & King, T. (2003). Understanding the Concepts of Security Topoligies. Retrieved from https://www.pearsonitcertification.com/articles/article.aspx?p=31562&seqNum=4#:~:text=The%20third%20type%20of%20topology,proxy%20server%20(bastion%20host).
Rouse, M. (2019). Address Resolution Protocol (ARP). Retrieved from https://searchnetworking.techtarget.com/definition/Address-Resolution-Protocol-ARP

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Ethical Dilemma
Name
Institution

Ethical Dilemma
I would try to get custody of my grandson. Courts usually act when substance abuse-in the form of alcohol or unlawful drugs-essentially obstructs a parent’s ability to care for his/her children, or the parent presents a danger to the well-being of the child (Jackson, Klee & Lewis, 2016). In this case, my daughter’s abuse of crack has made her unable to take care of her son, and as a result, she has neglected him. She also leaves him at her so-called friends’ houses, where strange men are watching him. This puts my grandson at risk of being introduced to drugs at a young age and even at risk of being molested. Therefore, I believe that I have a strong case against my daughter, and any judge who gets to hear what my grandson has to put up with will rule in my favor. If I am given custody, I will not allow my daughter to see him again until she admits she has a problem and seeks treatment.
The withdrawal symptoms of crack and cocaine are so much worse than opiates because crack and cocaine are more potent than opiates. This means that they evoke a given response at low concentration, that is, they generate the “high” feeling at low concentrations. Smoking crack/cocaine allows it to reach the brain very essay rapidly and hence brings a strong and instant-but very short-lived-high that lasts approximately 15 minutes (Padwa & Cunningham, 2010). And because of this, an abuser can begin experiencing withdrawal symptoms after his/her first time of trying cocaine or crack.
Detoxification is one of the primary forms of treatment for crack users, and it is the initial step toward recovery. When done in an environment that is regulated, detoxification assists in safely cleansing the drug from the body of the user. Inpatient rehabilitation is another form of treatment. There are multiple rehabilitation centers with different treatment plans, but most of them focus on support groups, process group therapy, and cognitive-behavioral therapy.

References
Jackson, M., Klee, H., & Lewis, S. (2016). Drug misuse and motherhood. Routledge.
Padwa, H., & Cunningham, J. (2010). Addiction: A reference encyclopedia. ABC-CLIO.

Posted in Blog

Page 1 of 8
HA1022 Principles of Financial Management Group Assignment
HOLMES INSTITUTE
FACULTY OF
HIGHER EDUCATION
Assessment Details and Submission Guidelines
Trimester T2 2020
Unit Code HA1022
Unit Title Principles of Financial Management
Assessment Type Group Assignment
Assessment Title Research on the Australian Financial Market
Purpose of the
assessment (with ULO
Mapping)
To complete this assessment, students are required to:
1. Explain the institutional framework of the Australian financial system.
2. Discuss the financial instruments available from their chosen company.
their uses and apply the financial concepts to their chosen company.
3. Perform financial ratio calculations and analysis.
4. Assess the relationships between financial institutions that make up their
chosen industry.
Weight 40% of the total assessments
Total Marks 40
Word limit 3,000 words (Maximum)
Due Date Week 10 – Friday 25th, September, 2020 at 5pm
Submission
Guidelines
• All work must be submitted on Blackboard by the due date along with a completed
Assignment Cover Page.
• The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2cm
margins on all four sides of your page with appropriate section headings and page
numbers.
• Use appropriate referencing (in-text citation and reference lists)
Reference sources must be cited in the text of the report and listed appropriately at
the end in a reference list using Harvard referencing style.
• Submitted work should be your original work showing your creativity. Please ensure
the self-check for similarity to be done before final submission in accordance with
SafeAssign Student Guide in Blackboard. Please note that it can take 48 hours for
the self-check report to be available for your viewing.
• You are required to submit the assignment at Group Assignment Final Submission,
which is under Assessment folder on Blackboard. Always keep an electronic copy
until you have received the final grade for the Unit. Please make sure that you
submit the correct file. Any appeal relating to wrong submission after the deadline
will not be considered.
Page 2 of 8
HA1022 Principles of Financial Management Group Assignment
Assignment Specifications
Assignment Tasks
The assignment task is a written report and analysis of your chosen financial institution and the
financial environment. You will be required to apply the financial concepts you have learned in
class to your chosen industry and company.
In groups of 3-4, students should first choose one ASX listed company to undertake financial ratio,
market and competitor analysis. Finally, identify the regulator of the industry and your chosen ASX
Listed Company and the recent actions (within the last 3 years) that they have taken to control ethical
behaviour in the industry.
Note that groups cannot have the same ASX Listed Company. The first-come, first-served rule will
apply.
Assignment Structure should be as the following:
Requirement/s and Guide Questions
1 Industry Description (4 marks, up to 400 words)
a) Discuss the size of the industry and the level of competition.
b) Identify the regulator/s of the industry. Comment on the extent of the regulator’s
power to ensure compliance within the industry.
2 Company Description (6 marks, up to 600 words)
a) What is/are the main source of business (the main source of revenue)?
b) What is the ownership structure of your company?
3 Financial Instrument Analysis (6 marks, up to 600 words)
a) Secure a copy of the 2019 or 2020 Balance Sheet and Income Statements of your
chosen firm and attach it as an exhibit or table in your appendix.
b) What are the financial instruments that your firm deals in? Check Assets, Liabilities
and Equities section. Also read through the Notes to Financial Statements to get a
better description of the financial instruments.
c) Evaluate the cash or liquidity situation of the company and provide your opinion
based on the liquidity ratios.
4 Financial Structure Analysis (10 marks, up to 1000 words)
Suppose your chosen company requires AUD 10 Million to finance a new project and your
finance managers are evaluating whether to borrow or issue new shares.
a) Identify 2 key financial ratios that will be important to creditors.
b) Identify 2 key financial ratios that will be important to shareholders.
c) Calculate the 4 financial ratios (above) based on the financial statements you have
attached.
d) Based purely on Financial Ratios, recommend whether it is better for the company to
borrow the AUD 10 Million or issue AUD 10 Million new shares.
Page 3 of 8
HA1022 Principles of Financial Management Group Assignment
5 Financial Market Analysis (8 marks, up to 600 words)
a) Conduct further research on your chosen company and explain the governance
environment of the company. Has it been involved in any unethical practices in the
past? How did the regulators and investors react? What corrective actions were taken
by the company? If there has been no reported incidence of unethical behaviour,
comment on your chosen company’s strategies that ensure compliance with the law.
6 Findings, Conclusion and Recommendations (4 marks, up to 400 words)
Based on a summary of your findings, conclude whether the financial market for your chosen
industry is healthy.
7 Presentation of Paper (including Assignment Cover Page and Reference List) – 2 marks and
not included in word count
Marking Criteria Weighting
Industry Description 4
Company Description 6
Financial Instrument Analysis 6
Financial Structure Analysis 10
Financial Market Analysis 8
Findings, Conclusion and Recommendations 4
Presentation of Paper (including references) 2
TOTAL Weight 40
Academic Integrity
Holmes Institute is committed to ensuring and upholding Academic Integrity, as Academic Integrity
is integral to maintaining academic quality and the reputation of Holmes’ graduates. Accordingly, all
assessment tasks need to comply with academic integrity guidelines. Table 1 identifies the six
categories of Academic Integrity breaches. If you have any questions about Academic Integrity issues
related to your assessment tasks, please consult your lecturer or tutor for relevant referencing
guidelines and support resources. Many of these resources can also be found through the Study Sills
link on Blackboard.
Academic Integrity breaches are a serious offence punishable by penalties that may range from
deduction of marks, failure of the assessment task or unit involved, suspension of course enrolment,
or cancellation of course enrolment.
Page 4 of 8
HA1022 Principles of Financial Management Group Assignment
Table 1: Six Categories of Academic Integrity Breaches
Plagiarism Reproducing the work of someone else without attribution.
When a student submits their own work on multiple occasions
this is known as self-plagiarism.
Collusion Working with one or more other individuals to complete an
assignment, in a way that is not authorised.
Copying Reproducing and submitting the work of another student,
with or without their knowledge. If a student fails to take
reasonable precautions to prevent their own original work
from being copied, this may also be considered an offence.
Impersonation Falsely presenting oneself, or engaging someone else to
present as oneself, in an in-person examination.
Contract cheating Contracting a third party to complete an assessment task,
generally in exchange for money or other manner of
payment.
Data fabrication and
falsification
Manipulating or inventing data with the intent of supporting
false conclusions, including manipulating images.
Source: INQAAHE, 2020
Page 5 of 8
HA1022 Principles of Financial Management Group Assignment
Marking Rubric
Excellent
(85% – full marks given)
Very Good (80%) Good (65%) Satisfactory (50%) Unsatisfactory (0%)
Industry
Description (4%)
Identification of the players
within the industry, the level of
competition, the regulators of
the industry and how they
interact with each other.
Identification of the players
within the industry, the level of
competition, and the regulators
of the industry.
Identification of the
players within the industry
and the level of
competition.
Identification of the players
within the industry.
No introduction or description
of the industry.
Company
Description
(6%)
Identified an ASX Listed
Company within the chosen
industry with clarity and
relevance and have included all
3 of the requirements of the
section and linked them with
the company’s mission, vision
and goals.
Identified an ASX Listed
Company within the chosen
industry with some clarity and
relevance and have included all
3 of the requirements of the
section.
Identified an ASX Listed
Company within the
chosen industry with some
clarity and relevance and
have included at least 2 of
the requirements of the
section.
Identified an ASX Listed
Company within the chosen
industry with some clarity and
relevance and have included at
least 1 of the requirements of
the section.
No introduction or description
of the ASX Listed Company
included in the report.
Inappropriate choice of
organisation. Not in the
approved list nor in the
correct industry.
Financial
Instrument
Analysis (6%)
Balance Sheet and Income
Statement attached in
appendices and at least 2
financial instruments have
been identified and analysed
correctly. Check for any OBS
business has been done and
commented on. Risk
between Balance Sheet and
OBS business in terms of
volume has been analysed.
Balance Sheet and Income
Statement attached in
appendices and at least 2
financial instruments have
been identified and analysed
correctly. Check for any OBS
business has been done and
commented on. If none,
then a comment must still be
made.
Balance Sheet and
Income Statement
attached in appendices
and at least 2 financial
instruments have been
identified and analysed
correctly.
Balance Sheet and Income
Statement attached in
appendices and at least 1
financial instrument has been
identified and analysed
correctly.
Balance Sheet and Income
Statement not attached in
appendices.
Financial instruments not
identified.
Page 6 of 8
HA1022 Principles of Financial Management Group Assignment
Financial
Structure
Analysis (10%)
Balance Sheet and Income
Statement attached in
appendices and all 6
financial ratios appropriate
for the company has been
chosen and analysed
correctly. Analysis of
whether each ratio is a
strength or weakness is
provided.
Conclusion provided on
whether AUD 10 Million is to
be raised using debt or
equity.
Excellent marks will be given
if the 6 ratios are linked with
each other or if more
relevant ratios are provided
and analysed.
Balance Sheet and Income
Statement attached in
appendices and at least 6
financial ratios appropriate
for the company has been
chosen and analysed
correctly. Analysis of whether
each ratio is a strength or
weakness is provided.
Conclusion provided on
whether AUD 10 Million is to
be raised using debt or
equity.
Balance Sheet and
Income Statement
attached in appendices
and at least 4 financial
ratios appropriate for
the company has been
chosen and analysed
correctly. Analysis of
whether each ratio is a
strength or weakness is
provided.
Conclusion provided on
whether AUD 10 Million
is to be raised using debt
or equity.
Balance Sheet and Income
Statement attached in
appendices and at least 2
financial ratios appropriate
for the company has been
chosen and analysed
correctly. Analysis of
whether ratio is a strength
or weakness is provided.
Balance Sheet and Income
Statement not attached in
appendices.
Financial ratios not
appropriate for the
company and/or incorrectly
calculated.
Financial Market
Analysis (8%)
Good data presented in
support of the role/s or the
ASX Listed company within
the financial system and well
researched ethical issues that
are linked to company
practices and policies.
Good data presented in
support of the role/s or the
ASX Listed company within
the financial system and well
researched ethical issues
within the chosen industry.
Good research on role/s
of the ASX Listed
company within the
financial system,
including the level of
regulation within the
industry.
Enough research to support
comment on the role of the
chosen ASX Listed Company
within the financial system.
Inadequate research to
support the financial
market analysis. No
comment on the role of
the chosen ASX Company
in the financial system.
Page 7 of 8
HA1022 Principles of Financial Management Group Assignment
Findings,
Conclusion and
Recommendation
ns (4%)
Presenting a wide range of
adequate recommendations
that exemplarily supported
by justification and analysis;
Using data and information
derived from financial
analysis completed in an
efficient, analytical and
logical manner;
Presenting very good
recommendations that
properly supported by
justification and analysis;
Data and information derived
from financial analysis
completed are properly used
to support the
recommendations
Presenting adequate
recommendations that
properly supported by
justification and
research;
Data and information
derived from financial
analysis completed are
properly used to support
the recommendations
Demonstrating limited
justification and analysis of
the given recommendations;
Providing no
recommendations or
inadequate
recommendations for
financial institutions;
No relevant justification
using data and information
derived from the analysis of
financial statements;
Presentation of
Paper – including
references
(2%)
Demonstrated a high level of
understanding and skills of
academic writing by means
of criticism, logical
argument, and interpretation
of data and information.
Assignment Cover Page and
Reference List provided and
can be traced to in text
citation. Reference list is
appropriate for the research.
Very rational demonstration
of the ability to present the
ideas in proper analytical
and contextual level
Assignment Cover Page and
Reference List provided and
can be traced to in text
citation. Reference list is
appropriate for the research.
Demonstrating the
ability to present the
ideas in proper
analytical and
contextual level
Assignment Cover Page
and Reference List
provided and can be
traced to in text citation.
Demonstrating limited skills
of academic writing in terms
of structure, presentation,
wordings and referencing
Assignment Cover Page and
Reference List provided
Failing to meet the
requirements of academic
writing in terms of
structure, presentation,
wordings and referencing.
No Assignment Cover Page
and Reference List
Page 8 of 8
HA1022 Principles of Financial Management Group Assignment

Posted in Blog

MBA404 Consumer Behaviour
& Marketing Psychology
Assessment 2 Webinar
Copyright Notice

Do not remove this notice
Assessment 2 Overview
LO1: Demonstrate an understanding of and be able to explain the determinants of
consumer behaviour.
LO2: Analyse the role of perception, attitude, motivation, group and individual
differences, culture, family and lifestyle on consumer behaviour.
LO5: Research and report on contemporary consumer behaviour such as
attitudes, group influences, culture, social class, consumer learning processes,
organisational and personal buying decision making.
What is due in Week 6?
Saturday the 29th of August 2020
09:00 AM (AEST)
The Task
Your first task is to create a survey comprising of 10 questions that
designed to examine why customers decided to purchase your
chosen product or service. These questions should inquire survey
participants about perception, attitudes, motivation, and cultural
factors. Please note that this survey should not ask participants
questions about product or service quality/attributes and
customer satisfaction.
You will need to provide the 10 questions that you will use in Survey
Monkey to survey 10 participants who purchased the chosen
product/service in assessment 1 to your workshop facilitator via
MyKBS, under ‘assessments tab’ ‘Survey Questions and Objectives
Validation’ icon.
In providing the list of ten questions, you must also include objective/s
that link to each of the questions and corresponding answer options in
a nested table.
To recap: Question Types
Open-Ended Question
Describe the experience
you had today at your local
supermarket.
Closed-Ended Question
Did you have a good
experience today at your
local supermarket?
Formerly Closed, now Open-Ended
What caused you to have such an
experience at your local supermarket
today?
To recap: Question Types Cont.
Likert Scale
On a scale of 1-5, with 1
being Dissatisfied and 5
being Satisfied, please
indicate to what extent you
agree with the following
statement:
“Volvo is the safest car.”
Multiple Choice Questions
It’s important to observe that
even a simple behaviour like
shampooing is tied to:
A) Gender
B) Social class
C) Ethnicity
D) Age
E) All of the above
Creating Survey Questions
• Start with a theory/concept in mind and unpack its
application by determining if it applies to your
decision-making process.
• Please keep it simple. Eliminate any unnecessary
questions.
• Pay close attention to the wording of your
questions: avoid using complicated terms.
• Each question should have a defined objective.
• Start with high-interest questions and close with
demographic questions (if applicable).
LEGO Harry Potter Example
Let’s presume that you are planning to ask me a set of questions
based on my recent purchase of the LEGO Harry Potter set for
my daughter’s birthday as a present.
Attitudes
We know now that an attitude is a learned tendency to respond
consistently towards a given object. Likewise, we understand
that the Attitude Function Theory has four functions: Utilitarian,
Social Identity, Ego-defensive, and Knowledge.
If you were to ask me a question in regards to my attitudes, here
is a fitting example that uses MCQ format:
Lego Harry Potter Example Cont.
Question: ‘Chose one or more of the following options that suit
best your decision-making process when you bought the LEGO
Harry Potter set for your daughter’s birthday.
Options:
• Utilitarian Function: I wanted to produce the highest amount of
happiness for my daughter/me
• Social Identity Function: I wanted to reaffirm my self-concept
through the eyes of my daughter
• Ego-defensive Function: I wanted to ensure that my
daughters present does not compromise my or her self-image
• Knowledge Function: I wanted to provide my daughter with a
structure regarding my attitude or opinion for this product.
Objective: To understand the survey respondents’ attitude
function towards the LEGO Harry Potter set.
Lego Harry Potter Example Cont.
Attitudes Cont.
We know that Heider’s Balance Theory examines the
psychological inequality, i.e. the balance theory. In other
words, we want to maintain psychological stability, and we
form relationships that balance our likes and dislikes.
Therefore, you could ask me the following Likert scale
question:
Lego Harry Potter Example Cont.
Question: In purchasing the LEGO Harry Potter set for your
daughter’s birthday, please rate on scale of 1 to 5, with 1 being
not important and 5 very important, how important it was for you
to ensure that your daughter has the same attitude as you
towards this product?
Options:
1: Not important
2: Slightly important
3: Moderately important
4: Important
5: Very important
Objective: To determine if psychological stability influenced the
respondents’ attitude when they bought the Lego Harry Potter
set.
Lego Harry Potter Example Cont.
Perception
We know that it refers to a consumer’s awareness and
interpretation of reality. Likewise, we know that with instrumental
(operant) conditioning, the behaviour is conditioned through
positive or negative reinforcement. Reinforcers are stimuli that
strengthen the desired response. So, in this case, you could ask
me the following open-ended question:
Question: ‘In buying the LEGO Harry Potter set for your
daughter’s birthday, describe the intended behaviour that you
were hoping your daughter to display towards this product.’
Objective: To determine if the operant conditioning was relevant
to the respondent’s consumer decision making process.
Lego Harry Potter Example Cont.
Cultural Factors
We know that a reference group is any group to which an individual
looks for guidance as to what are appropriate values, attitudes or
behaviours. Likewise, we know that there are three main types of
reference groups: Membership, Aspiration and Dissociative. Based on
this, you could ask me the following MCQ question:
Question: As to which of the following groups do you think you belong
to?
Options:
A. An adult fan of LEGO (AFOL)
B. A die-hard fan of Harry Potter (Potterhead)
C. A & B
D. None of the above
Objective: To determine the reference group of the respondents and its
relevance to the purchase of the LEGO Harry Potter set.
Format of Submission
This validation step is worth 10% of
your grade for this assessment,
and you will not be able to submit
the 4-page survey analysis or any
other assessment in this subject
until your workshop facilitator has
approved your questions, so be
wise and don’t be late.
Any Questions?
What is due in Week 9?
Monday 14th of September 2020
11.55 PM (AEST)
The Task
Once your workshop facilitator has validated your survey
questions, your next task is to seek “real” and valid participants
who legitimately purchased the chosen product or service that
you analysed in Assessment 1 and to invite them to take your
survey. You only need to gather 10 responses, and it is
recommended that you either distribute your survey to friends,
family, colleagues or others who have also bought the same
product/service as you. Please note that the fabrication of
responses will yield an overall failing grade for this
assessment.
But I don’t know how to create a
survey via Survey Monkey…
To start, please visit the
following website:
https://www.surveymonkey.
com/user/sign-up/
From there, the system will
ask you to create your free
account.
Watch closely as I
demonstrate how to create
a survey via Survey
Monkey!
The Task Cont.
Once you’ve created your survey and collected participants’
responses, you are required to write your summary that includes:
• a one-page statement outlining the purpose of the survey and
justification of the chosen administration method;
• a one-page summary of gathered responses; and
• a two-page critical analysis of the key findings that you have
identified.
In preparing your survey analysis, you are also required to use
theories and concepts related to consumer behaviour discussed
in weeks 3 to 5 by incorporating consumer behaviour literature
into your analysis. In referencing your survey, video from the first
assessment and other sources of information, you must use
Kaplan Harvard Referencing Style.
The Task Cont.
These may include government publications, industry reports,
and journal articles. These references should be presented as
in-text citations and a reference list at the end of your written
analysis (not included in the page limit).
In finalising your submission, you must also include appendices
section comprising of your Survey Monkey login details, and
screenshots of Survey Monkey graphical representation of
results (not included in the page limit).
This survey analysis is worth 25% of your grade for this
assessment, and it will serve the basis for the third assessment
in this subject.
The Task Cont.
For more useful tips on how to use Survey Monkey, please view the
YouTube channel via the following link:
https://www.youtube.com/user/SurveyMonkey.
The 4-page survey analysis file must be submitted as a ‘Word’
document to avoid any technical issues that may occur from incorrect
file format upload. Uploaded files with a virus will not be considered as
a legitimate submission. Turnitin will notify you if there is an issue with
the submitted file. In this case, you must contact your workshop
facilitator via email and provide a brief description of the issue and a
screenshot of the Turnitin error message.
You are also encouraged to submit your work well in advance of the
deadline to avoid any possible delay with the Turnitin similarity report or
any other technical difficulties.
Any Questions?

Posted in Blog

Assessment Task 1: Questions

After accessing the National Quality Framework, answer the following questions:

1. What are the National Quality Standards and list 3 ways in which they will benefit parents and children?

2. There are seven quality areas covered by the National Quality Standards. List the seven quality areas.

3. Describe what quality area 5 aims to achieve.

4. In quality area 5, there are two standards (5.1 and 5.2). List these standards. Explain in your own words what this standard is trying to achieve.
Standard 5.1
Standard 5.2

5. According to the Early Years learning framework; Belonging, being & becoming, name four things you can do to promote children to have a strong sense of wellbeing?

6. According to the Early Years learning framework; Belonging, being & becoming, name four things that you can do to ensure a child feels safe, secure and supported.

7. According to the Early Years learning framework; Belonging, being & becoming, name four things that you can do to help increase a child’s interest in their own health and physical well-being.

8. According to the Early Years learning framework; Belonging, being & becoming, name four things that you can do to help increase a child’s verbal and non-verbal communication?

9. Identify three social or emotional cues from a child between six to 12 months of age.

10. Identify three social or emotional cues from a child between one to two years of age.

11. Identify three social or emotional cues from a child under six months of age.

12. Access the United Nations Convention on the Rights of the Child and identify what each article is. Fill in the following table:

Article 2
Article 3
Article 16
Article 28
Article 29
Article 30
Article 31
Article 36
Article 42

13. The United Nations Convention on the Rights of the Child consists of 54 articles and is guided by four fundamental principles. What are these principals?

Principal 1

Principal 2

Principal 3

Principal 4

14. Describe in your own words, how you as an educator in the childcare sector contribute to the four guiding principles of the United Nations Convention on the Rights of the Child

15. According to the Physical Activity Recommendations for Children 0-5 years what are two ways to encourage infants (birth to 1 year) in physical activity?

16. According to the Physical Activity Recommendations for Children 0-5 years how many hours per day should Preschoolers (3 to 5 years) be active for?

17. According to the Physical Activity Recommendations for Children 5-12 years what type of activities should children participate in? Give an example

18. Why are patterns and routines important for child wellbeing? Why is it important to account for individual differences for impact of change?

19. Children respond to the impact of change in different ways. What are 3 possible behaviours that a child may show when faced with sudden change?

20. What are 2 potential emotions a regulated education and care service worker may come across from a child starting in a care service for the first time? What is a potential behaviour associated with each of the emotions you have identified?

21. Do regulated education and care services require a sun safe policy? Why or why not?

22. Name 2 resources a regulated education and care service can provide to reduce sun exposure

23. Why is it important to regularly wash your hands?

24. When changing a child, how many times will you wash your hands? Give examples in your answer?

25. In your own words, give a definition of what “code of ethics” means

26. Give three examples of how your work would reflect ethics in childcare

27. What are 2 strategies to reduce the impact of distress at the separation of parents and children at arrivals?

28. Why is it important to establish a routine in reference to arrivals and departures and how does this minimise distress at separation of parent and child?

Posted in Blog

Assessing and Treating Bipolar Disorder
Introduction
Bipolar disorder is one of the psychological conditions affecting people of various age brackets both male and female. Clinicians should select the best treatment options depending on the patient factors. For example, Lithium is one of the best medications prescribed to treat bipolar disorders. Clinicians should also educate the patients about the side effects of Lithium (Malhi et al., 2017). The drug affects the kidney and thyroid systems are affected by long-term use of Lithium. Clinicians should also consider various ethical issues to prevent lawsuits. Treatment of bipolar disorder requires selecting the best medication and assessing the patient as they continue taking the medication.
Decision #1
The first decision is to compare the number of medications to decide the best option. The options available include Lithium 300mg orally BID, Risperdal 1 mg orally BID or Seroquel XR 100 mg orally HS. The best decision among the three medications to treat bipolar disorder with manic episodes is Lithium 300mg orally BID. Lithium is one of the widely used medication to treat bipolar disorders (Malhi et al., 2017). It is effective in reducing the severity and frequency of mania or bipolar depression. Clinicians also recommend the medication to patients to prevent future manic attacks (Stahl, 2013). Another reason for selecting the 300mg dosage of Lithium is that it is effective in female patients. Clinicians begin treatment with a low dosage to monitor patients and reduce the severity of side effects related to pharmacokinetics and pharmacodynamics (Ketter et al., 2016). An assessment of the kidney and thyroid system is required before prescribing the drug to avoid adverse effects.
The expectation upon prescribing the medication is that the patient will reduce the frequency and severity of manic attacks. Another expectation is that Lithium will suppress the symptoms including irritated mood, poor quality of sleep, unusual frequency of talking, organized thoughts, and reduce distractions (Malhi et al., 2017). The expectations are that the patient should have a lower Young Mania Rating Scale. Currently, the Young Mania Rating Scale is 22 according to a clinical assessment. For example, the patient should record a low mood change frequency and low irritability. Lithium also helps patients to improve interaction with peers and family members after four weeks of taking the medication (Stahl, 2013). She should also freely engage in daily activities such as going to work, eating, sleeping, cooking and doing house chores.
The patient returns to the clinic after four weeks. She indicates that little improvement has occurred after taking the medication. However, she confesses that she has not taken the medication consistently. According to the Young Mania Rating Scale, the patient still has 22 points. Therefore, she has not made any progress. One of the reasons for the lack of progress is due to the inconsistent administration of the drug. Another reason could be due to the low dosage of the drug.
Decision #2
The second decision involves increasing the dosage to 450mg orally BID. Randomized control trials indicate that increasing the dosage is effective since it boosts the therapeutic ability of the drug (Findling et al., 2019). The second decision also involves educating the patient on the purpose of taking Lithium medication consistently. While educating the patient, it is essential to determine why the patient is not taking the medication consistently (Stahl, 2013). Another decision is that the patient should take the medication and report back to the clinic after four weeks. Researchers indicate that four weeks is ample time for the Lithium drug to suppress the bipolar disorder symptoms.
The expectation after administering a higher dosage of the drug is that the patient demonstrated improved symptoms after four weeks. Currently, the patient is still demonstrating symptoms such as bipolar depression, hyperactivity, mood changes, and aggression (Findling et al., 2019). Other symptoms include poor quality of sleep, poor interaction with peers and low appetite. Lithium drug is an effective medication in the management of the bipolar disorder and helps patients to improve daily interactions and participation in basic tasks (Findling et al., 2019). Therefore, it is expected that after four weeks the symptoms will have improved significantly. Majorly, the expectation is to help the patient to participate in daily activities and improve the quality of life.
The patient returned to the clinic after four weeks. The presentation of the patient was an indication that the expectations had been met significantly. One of the outcomes is that the patient confessed she had taken the medication consistently after the awareness. The patient appreciated that she received the education and the medication had suppressed the symptoms. One of the improvements in the patient was the reduction of bipolar disorder, an improvement in the quality of sleep, appetite, reduction in hyperactivity and the ability to participate in daily activities. Additionally, the patient recorded a reduction in the Young Mania Rating Scale. According to the scale, the patient had 11 points, which is a 50 percent improvement in the symptoms. The patient also reported an increase in weight, which was expected. Weight gain is a common adverse effect of using Lithium for bipolar disorder.
One of the differences between the outcome the expectations is that the patient only had a 50 percent improvement. The difference could be due to the time and that if the patient takes the drug for another four weeks, she can improve 100 percent.
Decision #3
Decision #3 is to continue with the medication, Lithium 450mg orally BUD, since it has positive results on the patient. Research also shows that Lithium takes several weeks to create a significant change in an individual. The only side effect is an increase in weight which is a common side effect (Ketter et al., 2016). Changing the drug may not be healthy for the patient since it could lead to loss of weight. Losing weight is not healthy for the patient since it can affect their body functionality. Therefore, it is important to continue with the drug and change it to manage the weight after treating bipolar disorder. Lithium 450mg is an effective drug since it prevents future manic and depressive episodes (Stahl, 2013). It is also prescribed for long-term treatment as maintenance therapy. The drug is effective since it works on the brain and the central nervous system to control the mood.
During the drug prescription for another four weeks, it is important to notify the patient about other side effects during the long-term administration of the drug. Patients should take 8-12 glasses of water to avoid lithium from affecting the thyroid or kidney function (Ketter et al., 2016). The patient should also avoid taking salt above normal levels. During the prescription, it was also important to check the level of lithium concentration in the patient. The reason is that Lithium is metabolized differently in female patients compared to male patients (Stahl, 2013). Therefore, the dosage can be reduced once the patient improves significantly to avoid adverse effects.
The expectation is that the patient will manifest a 100 percent improvement in various symptoms after four weeks. For example, I expected the patient to report better quality of sleeping, improved interaction with other people and a reduction in mood changes. Research shows that the administration of Lithium for several weeks is effective in the treatment of the bipolar disorder (Ketter et al., 2016). It is also recommended for patients with symptoms such as delusions, hallucinations, hyperactivity, lack of sleep, and racing thoughts.
The outcome of the treatment is that the patient recorded a 100 percent improvement in symptoms. When the patient returned to the clinic, the expressed their joy that they had experienced better quality of sleep with no hallucinations. The patient also participated in daily activities without hyperactivity, mood changes, and racing thoughts. The expectations of the treatment had been met. However, a lower dosage of the drug can be prescribed or a different drug for therapeutic maintenance purposes to prevent the reoccurrence of the symptoms.
Ethical Considerations and Treatment
Ethical considerations are important during treatment to enhance the quality of treatment and prevent lawsuits. One of the ethical considerations during the treatment is to educate the patient about the effects of Lithium drugs (Stahl, 2013). For example, the adverse effects of Lithium is adding weight. The explanation is essential to discard therapeutic misconception. A patient is also entitled to information about changes in medication or dosage and reasons for the changes. Another consideration is to get the informed consent of the patient regarding treatment (Muir et al., 2019). The patient should agree to receive treatment and comply with the treatment goals. Treatment of mental conditions also requires confidentiality. All the information about the patient should be kept confidential. Clinicians risk legal implications if they do not comply with the privacy and confidentiality requirements in the treatment of mental conditions.
Clinicians should observe the human rights of a patient. Despite the medical condition of the patient, it is essential to avoid any violation of human rights or dignity. Healthcare providers should also provide care while observing justice and fairness (Muir et al., 2019). Fairness means caring for all patients without any bias. Consequently, clinicians are advised to avoid any conflict of interest such as providing care to patients with whom they have other relations (Stahl, 2013). For example, a PMHNP would be unethical for caring for a family member. Additionally, PMHNP should be ready to provide care to patients during emergencies. If a clinician fails to provide care, he would be deemed unethical (Muir et al., 2019). Therefore, the various ethical considerations are essential to improve the quality of treatment of mental health patients.
Conclusion
Treatment of bipolar requires a series of decisions. A series of decisions helps in monitoring the improvements in a patient. Lithium is one of the best medications used to treat bipolar disorders. During the prescription, it is important to educate a patient about the need to take the medication consistently. Patients should also adhere to the treatment to ensure better results. PMHNP should consider various ethical issues that affect the treatment of mental conditions such as bipolar disorder. Treatment of the bipolar disorder is effective when PMHNP choose the best medication among the available choices and assess the outcomes for appropriate changes.

References
Findling, R. L., McNamara, N. K., Pavuluri, M., Frazier, J. A., Rynn, M., Scheffer, R., … & Rowles, B. M. (2019). Lithium for the maintenance treatment of bipolar I disorders: a double-blind, placebo-controlled discontinuation study. Journal of the American Academy of Child & Adolescent Psychiatry, 58(2), 287-296.
Ketter, T. A., Miller, S., Dell’Osso, B., & Wang, P. W. (2016). Treatment of bipolar disorder: Review of evidence regarding quetiapine and lithium. Journal of Affective Disorders, 191, 256-273.
Malhi, G. S., Gessler, D., & Outhred, T. (2017). The use of lithium for the treatment of bipolar disorder: recommendations from clinical practice guidelines. Journal of Affective Disorders, 217, 266-280.
Muir, H. J., Coyne, A. E., Morrison, N. R., Boswell, J. F., & Constantino, M. J. (2019). Ethical implications of routine outcomes monitoring for patients, psychotherapists, and mental health care systems. Psychotherapy, 56(4), 459.
Stahl, S. M. (2013). Stahl’s essential psychopharmacology: Neuroscientific basis and practical applications (4th ed.). New York, NY: Cambridge University Press.

Posted in Blog

Page 1 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
HOLMES INSTITUTE
FACULTY OF
HIGHER EDUCATION
Assessment Details and Submission Guidelines
Trimester T2 2020
Unit Code HI5020
Unit Title Corporate Accounting
Assessment Type Individual Assignment
Assessment Title Issues in Cash Flow Statement
Purpose of the
assessment (with ULO
Mapping)
This assignment aims at developing a clear understanding of students about income statement
and cash flows statement; and use of cash flow statement to comprehend different key business
decisions taken by the management. They will have to consult relevant literature and
demonstrate understanding of key concepts. As part of their assignment, they will also conduct
an empirical analysis on cash flow statement. (ULO 1, 2, 4, 5, 6)
Weight 40 % of the total assessments (Written assignment 30 % + Presentation 10 percent)
Total Marks Written assignment 30 marks + Presentation 10 marks
Word limit 3,000 words ± 500 words
Due Date Assignment submission: Final Submission of individual Assignment: 11:59 pm
Wednesday 23rd Sep, Week 10
Late submission incurs penalties of five (5) % of the assessment value per calendar day
unless an extension and/or special consideration has been granted by the lecturer
prior to the assessment deadline
Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed
Assignment Cover Page.
• The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins
on all four sides of your page with appropriate section headings and page numbers.
• Reference sources must be cited in the text of the report, and listed appropriately at the end
in a reference list using Harvard referencing style.
Page 2 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
Assignment Specifications
Assessment task:
Part A
Review the existing literature to critically examine the relative information content of the
income statement and the statement of cash flows. Why do investors find both income
statement and statement of cash flows useful?

Part B
Download the annual financial reports of BHP Ltd, Santos Ltd, and Funtastic Ltd for the year
2019, 2018 and 2017. Examine the consolidated Cash Flow Statements for each companies
across three years. Answer the following questions about each of the three cash-flow
statements.
1. For each companies [except mentioned otherwise as in c), g) and i) below], across three
years on the Statement of Cash Flows discuss:
a) What are the major sources of cash for each firm? What are the major uses of
cash for each firm?
b) What was the trend in cash flow from (continuing) operations for each firm?
c) Compare and contrast the cash flow from operations with the net profit after tax
in income statement. Explain in detail the major reasons for the difference
between these two figures. (Answer this question using only the Cash flow
statement for BHP Limited).
d) Was the firm able to generate enough cash from operations to pay for all of its
capital expenditures?
e) Did the cash flow from operations cover the dividend payment made by the firm
(if any)?
f) If the firm has generated excess cash from operations, how did the firm invest
the excess cash? If not, what were the sources of cash the firm used to pay for
the capital expenditures and/or dividends?
g) Did the firm use the working capital (current asset and current liability) accounts
other than cash and cash equivalents as sources of cash, or uses of cash? (Answer
this question using only the Cash flow statement for BHP Limited).
h) What other major items affected cash flows for each firm?
i) What was the trend in capital expenditures for each firm?
j) What was the trend in dividends (if any) for each firm?
k) What was the trend in net borrowing (proceeds from borrowing less payments
of short- and long-term debt) for each firm?
l) What was the trend in working capital accounts? (Answer this question using
only the Cash flow statement for BHP Limited).
Page 3 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
2. Critically evaluate the financial strength of each of the three companies based on the
evidence presented in the Statement of Cash Flows, and your answers in (1) above.
3. If you are asked to evaluate these three companies for lending purposes, which of the
three companies you will select for lending? Explain Why.
Assignment Structure should be as the following:
Abstract – One paragraph
List of Content
Introduction
Body of the assignment with detailed answer on each of the required tasks
Summary/Conclusion
List of references
Instruction for video presentation:
Based on your written assignment, you will have to make a summary video presentation ranging for
10 minutes. Your presentation should explain the assignment tasks and your key findings. You will
have to upload the presentation in YouTube and submit the YouTube link in the blackboard so that
the marker can watch and mark your presentation. Your assignment will be marked based on the
following criteria:
Presentation Style (3
marks)
Content (4 marks) Clarity of the
presentation ((3 marks)
Excellent 3-2.5 4-3 3-2.5
Very good 2.5-1.75 3-2.5 2.5-1.75
Good 1.75-1.5 2.5-2.00 1.75-1.5
Satisfactory 1.5-1.00 2.00-1.00 1.5-1.00
Unsatisfactory 1.00-0 1.00-0 1.00-0
Marking criteria
Marking criteria Weighting
Abstract 1%
List of content & overall presentation of the assignment 1%
Introduction 1%
Do the relevant research to critically examine the relative information content of
the income statement and the statement of cash flows. Why do investors find both
income statement and statement of cash flows useful?
5%
Page 4 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
What are the major sources of cash for each firm? What are the major uses of cash
for each firm?
1%
What was the trend in cash flow from (continuing) operations for each firm? 1%
Compare and contrast the cash flow from operations with the net profit after tax in
income statement. Explain in detail the major reasons for the difference between
these two figures. (Answer this question using only the Cash flow statement for BHP
Limited).
1%
Was the firm able to generate enough cash from operations to pay for all of its capital
expenditures?
1%
Did the cash flow from operations cover the dividend payment made by the firm (if
any)?
1%
If the firm has generated excess cash from operations, how did the firm invest the
excess cash? If not, what were the sources of cash the firm used to pay for the capital
expenditures and/or dividends?
1%
Did the firm use the working capital (current asset and current liability) accounts
other than cash and cash equivalents as sources of cash, or uses of cash? (Answer
this question using only the Cash flow statement for BHP Limited).
2%
What other major items affected cash flows? 1%
What was the trend in capital expenditures for each firm? 1%
What was the trend in dividends (if any) for each firm? 1%
What was the trend in net borrowing (proceeds from borrowing less payments of
short- and long-term debt)?
1%
What was the trend in working capital accounts? (Answer this question using only the
Cash flow statement for BHP Limited).
1%
Critically evaluate the financial strength of each of the three companies based on the
evidence presented in the Statement of Cash Flows.
5%
If you are asked to evaluate these three companies for lending purposes, which of the
three companies you will select for lending? Explain Why.
2%
Conclusion 1%
References 1%
Total in Written Assignment 30%
Video presentation 10%
Total 40 %
Page 5 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
Academic Integrity
Holmes Institute is committed to ensuring and upholding Academic Integrity, as Academic Integrity
is integral to maintaining academic quality and the reputation of Holmes’ graduates. Accordingly, all
assessment tasks need to comply with academic integrity guidelines. Table 1 identifies the six
categories of Academic Integrity breaches. If you have any questions about Academic Integrity issues
related to your assessment tasks, please consult your lecturer or tutor for relevant referencing
guidelines and support resources. Many of these resources can also be found through the Study Sills
link on Blackboard.
Academic Integrity breaches are a serious offence punishable by penalties that may range from
deduction of marks, failure of the assessment task or unit involved, suspension of course enrolment,
or cancellation of course enrolment.
Table 1: Six categories of Academic Integrity breaches
Plagiarism Reproducing the work of someone else without attribution. When a
student submits their own work on multiple occasions this is known as
self-plagiarism.
Collusion Working with one or more other individuals to complete an assignment,
in a way that is not authorised.
Copying Reproducing and submitting the work of another student, with or
without their knowledge. If a student fails to take reasonable
precautions to prevent their own original work from being copied, this
may also be considered an offence.
Impersonation Falsely presenting oneself, or engaging someone else to present as
oneself, in an in-person examination.
Contract cheating Contracting a third party to complete an assessment task, generally in
exchange for money or other manner of payment.
Data fabrication and
falsification
Manipulating or inventing data with the intent of supporting false
conclusions, including manipulating images.
Source: INQAAHE, 2020
Page 6 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
Marking Rubric
Questions Marks Excellent Very Good Good Satisfactory Unsatisfactory
Abstract /1 Apply your judgement
List of content & overall presentation
of the assignment
/1 Apply your judgement
Introduction /1 Apply your judgement
Do the relevant research to critically
examine the relative information
content of income statement and
statement of cash flows. Why do
investors find both income statement
and statement of cash flows useful?
/5 Demonstrate outstanding
knowledge beyond
requirements on the topic.
Extensive relevant research
Independent and in-depth
analysis.
Issues and factors are
presented and analyzed in a
logical manner.
Broad and credible sources of
references have been cited
using proper referencing style.
Demonstrate very good
knowledge on the topic.
Substantial relevant
research.
Issues are discussed
adequately based on
sufficient research.
Adequate references in
proper referencing style.
Demonstrate good
knowledge on the topic.
Adequate relevant
research.
Discussed the issue based
on some research and facts.
Scopes for improvement
remain.
Adequate references in
proper referencing style.
Demonstrate basic
knowledge on the topic.
Some relevant research.
Meet the requirements
but with limited
information and
discussion.
Limited references.
Demonstrate poor
knowledge on the topic.
Limited and/or no relevant
research.
The answers do not meet
the basic requirement as no
factual discussion is
provided.
No reference.
What are the major sources of cash
for each firm? What are the major
uses of cash for each firm?
/1 Major sources of cash and
major uses of cash are
identified and discussed in
detail.
Major sources of cash and
uses of cash are identified.
Detailed discussion is
provided with minor errors.
Major sources of cash and
uses of cash are identified
with minor errors.
Basic discussions are
attempted with minor
errors.
Major sources of cash
and uses of cash are
identified with material
errors.
Basic discussions are
attempted with material
errors.
No clear attempt is made to
identify the major sources
of cash and uses of cash.
No discussion is provided.
Page 7 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
Questions Marks Excellent Very Good Good Satisfactory Unsatisfactory
What was the trend in cash flow from
(continuing) operations for each firm?
/1 Trends in the cash flows from
continuing operations are
identified and discussed
adequately.
Demonstrate outstanding
knowledge beyond
requirements on the topic.
Independent and in-depth
analysis.
Issues and factors are
presented and analysed in a
logical manner.
Trends in the cash flows
from continuing operations
are identified.
Discussion is not
comprehensive.
Demonstrate very good
knowledge on the topic.
Issues are discussed
adequately
based on sufficient
research.
Trends in the cash flows
from continuing operations
are identified with minor
errors.
Basic discussion has been
provided with minor errors.
Demonstrate good
knowledge on the topic.
Trends in the cash flows
from continuing
operations are identified
with material errors.
No discussion is
provided.
Demonstrate basic
knowledge on the topic.
Meet the requirements
but with limited
information and
discussion.
No realistic attempt is
made to identify the trend.
No discussion is provided.
Demonstrate poor
knowledge on the topic.
Compare and contrast the cash flow
from operations with the net profit
after tax in income statement. Explain
in detail the major reasons for the
difference between these two figures.
(Answer this question using only the
Cash flow statement for BHP Limited).
/1 Shows a complete
comprehension of the
relationship between net
income and cash flows from
operations.
The reasons for the differences
between these two
figures are identified and
discussed in detail.
The relationship between
net income and cash flows
from operations are
explained.
The reasons for the
differences between these
two figures are identified
and discussed with minor
errors.
The relationship between
net income and cash flows
from operations are
explained.
Identification of the reasons
of the differences between
these two figures contains
material errors.
A reasonable attempt is
made to identify the
relationship between net
income and cash flows
from operations.
A reasonable attempt is
made to identify the
reasons of the
differences between
these
two figures but fail to
completely grasp the
issue.
Errors are identified in
the answer.
A poor attempt is made to
explain the relationship
between net income and
cash flows from operations.
Was the firm able to generate enough
cash
/1 Identify all cash flows from
operation with specific
Identify all cash flows from
operation with specific
Identify all cash flows from
operation with specific
A reasonable attempt is
made to identify cash
flows from operation
No reasonable attempt is
made to identify cash flows
from operation with specific
Page 8 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
Questions Marks Excellent Very Good Good Satisfactory Unsatisfactory
from operations to pay for all of its
capital expenditures?
mention of whether it is
positive or negative.
Identify all capital
expenditures and synthesise
the adequacy of cash flows
from operations to cash
required for capital
expenditures.
mention of whether it is
positive or negative.
Identify all capital
expenditures.
Unable to explain whether
the adequacy of cash flows
from operations is
adequate for cash required
for capital expenditures.
mention of whether it is
positive or negative.
Identify most capital
expenditures.
Unable to explain whether
the adequacy of cash flows
from operations is adequate
for cash required for capital
expenditures.
with specific mention of
whether it is positive or
negative.
Identify some capital
expenditures.
Unable to explain
whether the adequacy of
cash flows from
operations is adequate
for cash required for
capital expenditures.
Some errors are
identified in the answer.
mention of whether it is
positive or negative.
Fail to identify most capital
expenditures.
Unable to explain whether
the adequacy of cash flows
from operations is adequate
for cash required for capital
expenditures.
Material errors are
identified in the answer.
Did the cash flow from operations
cover the dividend payment made by
the firm (if any)?
/1 Clearly demonstrate the
sources of fund used for
and dividend.
Demonstrate outstanding
knowledge beyond
requirements on the topic.
Demonstrate the sources
of fund used dividend.
Minor errors.
Demonstrate very good
knowledge on the topic.
Address the question but
unable to clearly indicate
whether the cash flows
from operations were
enough
for dividend payment.
Demonstrate good
knowledge on the topic.
Answer the question
correctly with a simple
“yes” or “No” answer.
No discussion is
provided.
Demonstrate basic
knowledge on the topic.
Incorrectly answered the
question with a simple
“yes” or “No” answer.
No discussion is provided.
Demonstrate poor
knowledge on the topic.
If the firm has generated excess cash
from operations, how did the firm
invest the excess cash? If not, what
were the sources of cash the firm
used to pay for the capital
expenditures and/or dividends?
/1 Clearly identify and explain
whether the firm has
generated excess cash flows.
Present a good discussion on
free cash flows and uses of
excess cash flows.
Identify and explain
whether the firm has
generated excess cash
flows.
Present a reasonable
discussion on the concept
of free cash flows and uses
of excess cash flows.
Identify and explain
whether the firm has
generated excess cash
flows.
Present a discussion on the
concept of free cash flows
and uses of excess cash
flows with errors.
Identify and explain
whether the firm has
generated excess cash
flows with some errors.
No discussion is made
about free cash flows.
Incorrectly identify and
explain whether the firm
has generated excess cash
flows.
No discussion is made
about free cash flows.
Page 9 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
Questions Marks Excellent Very Good Good Satisfactory Unsatisfactory
The discussion on uses of
excess cash flows is
unclear.
No discussion or incorrect
discussion is made on uses
of excess cash flows.
Did the firm use the working capital
(current asset and current liability)
accounts other than cash and cash
equivalents as sources of cash, or uses
of cash? (Answer this question using
only the Cash flow statement for BHP
Limited).
/2 Demonstrate a clear
understanding of how
changes in current assets and
current liabilities can be
source of fund and/or uses of
fund.
Correctly explain whether the
firm has used working capital
items as sources of operating
cash flows or uses of operating
cash flows.
Present a good
discussion on whether
the firm has used current
assets
and current
liabilities as sources of fund
or uses of fund.
Present an item-wise
discussion on each current
assets and current liability
items with minor errors.
Present a reasonable
discussion on whether the
firm has used current assets
and current
liabilities as sources of fund
or uses of fund.
Present an item-wise
discussion on each current
assets and current liability
items with material errors.
Present a discussion
on whether the firm
has used current
assets
and current
liabilities as sources of
fund or uses of fund
with minor errors.
Unable to present a
proper discussion on
each current assets and
current liability items.
Present an incorrect
discussion on whether the
firm has used current assets
and current liabilities as
sources of fund or uses of
fund.
Unable to present a proper
discussion on each current
assets and current liability
items.
What other major items affected
cash flows?
/1 Cash flows from sources other
than operating activities are
identified.
Cash flows from investing
activities and financing
activities are identified and
explained in detail.
Demonstrate a
comprehensive
understanding of the topic.
Cash flows from sources
other than operating
activities are identified.
Cash flows from investing
activities and financing
activities are identified and
explained with minor
errors.
Demonstrate a very good
understanding of the
topic.
Cash flows from sources
other than operating
activities are identified with
minor errors.
Cash flows from investing
activities and cash flows
from financing activities are
separately identified and
explained with material
errors.
Cash flows from sources
other than operating
activities are identified
with material errors.
Cash flows from
investing activities and
cash flows from
financing activities are
not separately identified
and explained.
Meet the requirements
but with limited
information and
discussion.
Demonstrate poor
knowledge on the topic.
No reasonable discussion is
provided on cash flows from
sources other than
operating activities.
The answers do not meet
the basic requirement as no
factual discussion is
provided.
Page 10 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
Questions Marks Excellent Very Good Good Satisfactory Unsatisfactory
What was the trend in capital
expenditures for each firm?
/1 Trend in capital expenditures
for each of the three firms is
correctly identified and
discussed comprehensively.
Trend in capital
expenditures for each of
the three firms is correctly
identified.
A good level of discussion is
provided.
Trend in capital
expenditures for each of
the three firms is correctly
identified but not well
discussed.
Trend in capital
expenditures for each of
the three firms is
correctly identified.
No discussion on the
trend is provided.
Trend in capital
expenditures for each of
the three firms is not
correctly identified.
No discussion on the trend is
provided.
What was the trend in dividends (if
any) for each firm?
/1 Trend in dividends for each of
the three firms is correctly
identified and discussed
comprehensively.
Trend in dividends for each
of the three firms is
correctly identified.
A good level of discussion is
provided.
Trend in dividends for each
of the three firms is
correctly identified but not
well discussed.
Trend in dividends for
each of the three firms is
correctly identified.
No discussion on the
trend is provided.
Trend in dividends for each
of the three firms is not
correctly identified.
No discussion on the trend is
provided.
What was the trend in net borrowing
(proceeds from borrowing less
payments of short- and long-term
debt) for each firm?
/1 Trend in net borrowing for
each of the three firms is
correctly identified and
discussed comprehensively.
Trend in net borrowing for
each of the three firms is
correctly identified.
A good level of discussion is
provided.
Trend in net borrowing for
each of the three firms is
correctly identified but not
well discussed.
Trend in net borrowing
for each of the three
firms is correctly
identified.
No discussion on the
trend is provided.
Trend in net borrowing for
each of the three firms is
not correctly identified.
No discussion on the trend is
provided.
What was the trend in working capital
accounts? (Answer this question using
only the Cash flow statement for BHP
Limited).
/1 Trend in working capital is
correctly identified and
discussed comprehensively.
Item-wise discussion is
provided
Trend in the working
capital is correctly
identified.
A good level of
discussion is provided on
each item.
Trend in the working capital
is correctly identified.
The trend is not discussed
item-wise.
Trend in the working
capital is correctly
identified.
No discussion on the
trend is provided.
Trend in the working capital
is not correctly identified.
No discussion on the trend is
provided.
Critically evaluate the financial
strength of each of the three
companies based on the evidence
presented in the Statement of Cash
Flows.
/5 The financial situations of
all three companies are
comprehensively discussed
Logical and accurate
conclusion is drawn based
on the discussion.
A very good discussion is
provided on the financial
situations of all three
companies.
The financial situations of
all three companies are
discussed with scopes for
improvement.
Attempt to draw a
conclusion but
The financial situations
of all three companies
are discussed but most
of the discussion is basic
and scattered.
The financial
situations of all three
companies are discussed.
The discussions are not
logically linked.
Page 11 of 11
HI5020 Corporate Accounting Individual Assignment 2 2020
Questions Marks Excellent Very Good Good Satisfactory Unsatisfactory
Demonstrate outstanding
knowledge beyond
requirements on the topic.
Issues and facts are presented
and analyzed in a logical
manner.
Logical conclusion is
drawn based on the
discussion.
Demonstrate very good
knowledge on the topic.
Issues are discussed
adequately based on
sufficient research.
it is not logically and
factually sound.
Demonstrate of good
knowledge on the topic.
Discuss the issues based on
some research and facts
with scopes for
improvement.
The discussions are not
logically linked.
Demonstrate basic
knowledge on the topic.
Meet the requirements
but with limited
information and
discussion.
Demonstrate poor
knowledge on the topic.
The answers do not meet
the basic requirement as no
factual discussion is
provided.
If you are asked to evaluate these
three companies for lending purposes,
which of the three companies you will
select for lending? Explain Why.
/2 Make a clear and accurate
selection highlighting the
reason for the selection.
Discussion is based on facts
and figures.
Make a clear and accurate
selection.
A good level of discussion
is provided on the
selection.
Make a clear and accurate
selection.
A basic discussion is
provided on the reasons for
selection.
Make a clear and
accurate selection.
No discussion is provided
on the reason for the
selection.
The selection is inaccurate.
No reasonable
discussion is provided
on the reason for the
selection.
Conclusion /1 Apply your judgement
References /1 Apply your judgement
Total in Written assignment /30
Video presentation /10
Total /40

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PEW Case Study
“International Partnerships on the Road to Ban Anti-Personnel Landmines,” Ann Peters,
The Ottawa convention
Question 1
The Ottawa convention was an activity that involved the prohibition of all the events that entailed the prevention of people from taking part in the production and also the transfer of any kind of anti-personnel mines. The convention came at a time when the area had been filled with war and miscommunication among the people. The negotiation took place for over one year and got implemented for fifteen months before it was consider to be an international law. The Ottawa convention had the mission of doing away with the use of weapons during war since many people had lost their lives in the events. The convention was still notable since it was a way of eradicating the doctrines that were rooted in the use of fighting forces that had an incorporation of armies and partnerships that were supposed to bring peace in the area. There were people who got the Nobel Peace Prize for being in the front line when it came to ensuring the right order was maintained. The most commonly known Nobel Peace Prize winner was Jody Williams.
Question 2
There were a number of characteristics drafted and led to making the Ottawa Process a model for future multilateral negotiations. The process happened to be an innovative model as it led to multilateral negotiations which many are now using as a means of problem solving. One of the characteristics is the fact that it bears the aspects of being single and also has messages that are clear to a great extent. This feature aims at helping all the survivors and also doing away with all antipersonnel landmines. The other characteristic is the incorporation of horrific humanitarian crisis which has a great impact on the civilians who had injuries during the war. There was also the existence of governments that facilitated all the operations that were conducted against the forces and tides at that time. There was also the aspect of carrying out a process that was rapid and involved the active negotiation of countries regardless of the fact that they had initially refrained from being part of the ban team.
Question 3
In the year 1992, International Coalition to Ban Landmines was started in Ottawa. The ban was established by a group of people and individuals as they all had the same mission and objectives. Yves Sandoz was one of the individuals who came up with ICRC that had the intention of ensuring that all the partnerships were successful. Senator Leahy was the other individual who stared the coalition that led to the ban as he was an engineer of the US moratorium. Secretary General Boutros-Ghali was also among the people who called for the ban as he was on the frontline to pose the international agenda which was used in the Review Conference.
Question 4
The NGOs were also some of the agencies that supported the ban on landmines. The NGOs initiated the ban by collaborating with ICBL which had been formed in the United States in the year 1992. The NGOs were also able to collaborate with medium sized nations and took part in close a communication with the governments that funded them in pushing for the ban. Some of the specific actions that they took in the process involved being part of the international agenda that needed to focus on the societies that were war torn during the anti-personnel landmines. In addition, they were part of the French Group and also the Handicap International that made it possible to review the first conference in the year 1980.
Pew Case 453, “Yugoslavia, 1991-92: Could Diplomacy Have Prevented a Tragedy?”
Question 1
The civil war in Yugoslavia had a great relation to the dynamics of the end of the Cold War in that it made the world to be in a less dangerous situation. The civil war in Yugoslavia led to the creation of significant threats that were supposed to make the area to be stable. Those who took part in the Cold War gave in to the threats and that was one of the ways a relationship existed between the civil war and the end of the Cold War (Bjork & Goodman, 1992). The organizations that were in the frontline during the Cold War gave in to the crisis, dangers and opportunities that came along with the civil war. In that essay writers case, they had to figure out a way of ensuring that everything was not out of hand regardless of the fact that the war was at its critical stage.
Question 2
The civil war in Yugoslavia is not related to the dynamics of the end of the Cold War in that the civil war led to an open warfare from the perspective of the historical roots. The actors in Yugoslavian war included the Serbs, the Bosnian Muslims, and the Croats who had a common language and did not want to have any connection with Cold War that had caused a lot of ethnic differences. Yugoslavia had a connection with the political association of Serbia as it wanted to ensure that the Cold War did not affect a large group of people. In that case, it refrained from being related to the Cold War which did not seem to come to an end. The Cold War led to the dissolution of many political parties as the Yugoslavian war had the intention of making the political leaders to give in to their demands regardless of the negativities that would arise.
Question 3
The diplomatic recognition by the foreign states affected the disintegration of Yugoslavia in that it led to a number of positive events in the country. The foreign states led to the establishment of peace initiatives for the country that was almost being disengaged from its normal operations. The foreign states led to the protection of human rights and also the creation of a democratic government in Yugoslavia (Bjork & Goodman, 1992). Yugoslavia had a number of civil wars that led to the disintegration of the departments that facilitated its economic development. In that case, the diplomatic recognition of foreign states was providing respect to the borders that existed at that time.
Question 4
The European community did not take more effective, united action concerning Yugoslavia because the country was not ready to undergo the delegations that were taking place at that time. The delegates in Yugoslavia were not ready engineer the activities that would make them to be on a low profile since that was the first stage of gaining peaceful negotiations. The European community therefore wanted to have a country that was ready to engage in talks regardless of the pressure and movements that people were forming at that time. There was also a wide gap between the northern republics and that was the other reason as to why the European Community was not able to intervene and promote a united action.

References
Bjork, J. E., & Goodman, A. E. (1992). “Yugoslavia, 1991-1992: Could Diplomacy Have Prevented a Tragedy?” Institute for the Study of Diplomacy.
Peters, A. (). “International Partnerships on the Road To Ban Antipersonnel Landmines Open Society Institute, Washington D.C.” UN Vision Project on Global Public Policy Networks

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7/1/2020 UNIT 1 – Section 1.4 – 1.6 Homework-Brian Luth
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1.
2.
3.
Student: Brian Luth
Date: 07/02/20
Instructor: Robson De Andrade
Course: MAT220_33_Statistics
I_2020_21_TERM1
Assignment: UNIT 1 – Section 1.4 – 1.6
Homework
Which sampling method does not require a frame?
Choose the correct answer below.
A. Stratified
B. Simple random
C. Systematic
D. Cluster
E. All of the above sampling methods require a frame
Determine whether the following statement is true or false. Explain.
When obtaining a stratified sample, the number of individuals included within each stratum must be equal.
Choose the correct answer below.
A. False. A stratified sample is constructed by successively selecting a stratum at random and
then selecting a random individual from within that stratum. With this process, it is unlikely that
all strata will be sampled from the same number of times.
B. False. When taking a stratified sample, a simple random sample is drawn from one stratum at
random. All other strata will not be included in the sample.
C. False. Within stratified samples, the number of individuals sampled from each stratum should
be proportional to the size of the strata in the population.
D. True. Sampling the same number of people from each stratum will result in a sample that is
representative of the population at a lower cost than a simple random sample.
To estimate the percentage of defects in a recent manufacturing batch, a quality control manager at selects
every th that comes off the assembly line starting with the until she obtains a sample of
.
General Electric
15 refrigerator seventh 30
refrigerators
What type of sampling is used?
A. Systematic
B. Cluster
C. Simple random
D. Stratified
E. Convenience
7/1/2020 UNIT 1 – Section 1.4 – 1.6 Homework-Brian Luth
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4.
5.
6.
7.
To determine customer opinion of their , randomly selects during a certain week and
surveys all .
safety features Toyota 120 dealerships
customers visiting the dealerships
What type of sampling is used?
A. Convenience
B. Cluster
C. Systematic
D. Stratified
E. Simple random
wants to administer a satisfaction survey to its current customers. Using their customer database, the company
randomly selects customers and asks them about their level of satisfaction with the company.
IBM
50
What type of sampling is used?
A. Convenience
B. Simple random
C. Stratified
D. Cluster
E. Systematic
A club wants to sponsor a panel discussion on an upcoming
election. The club wants to have four of its members lead the
panel discussion. To be fair, however, the panel should
consist of two members of each party. Below is a list of
members in each party. Obtain a stratified sample of two
people from party 1 and two from party 2.
Party 1 Party 2
Bolden Nolan Cooper Ochs
Carter Pawlak Engler Rice
Haydra Tate Keating Thomas
Lukens Wright May Weber
Which of the following is a possible list of club members to
lead the panel discussion?
A. Pawlak, Nolan, Wright, Cooper
B. Pawlak, Nolan, Wright, Carter
C. Cooper, Keating, May, Pawlak
D. Cooper, Keating, May, Rice
E. Pawlak, Nolan, Cooper, Keating
The human resource department at a certain company wants to conduct a survey regarding worker benefits. The
department has an alphabetical list of all employees at the company and wants to conduct a systematic sample of size
.
7707
70
(a) What is k?
k =
(b) Determine the individuals who will be administered the survey. Randomly select a number from 1 to k. Suppose that
we randomly select . Starting with the first individual selected, the individuals in the survey will be ,
, …, .
15
7/1/2020 UNIT 1 – Section 1.4 – 1.6 Homework-Brian Luth
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8.
9.
For a poll of voters regarding a referendum calling for a national , design a sampling method to
obtain the inviduals in the sample. Be sure to support your choice.
renewable energy incentive
Which sampling method would most likely be used in a poll of voters regarding a referendum calling for a national
renewable energy incentive?
A. Use stratified random sampling. Since this is a national issue, different geographical locations
are likely to have similar views.
B. Use simple random sampling. Simple random sampling is always the best sampling method to
choose regardless of the survey conducted.
C. Use convenience sampling. A large number of voters is needed to accurately reflect the
nation’s voters; so a quick way to collect information is needed.
D. Use cluster sampling. Each geographical region can be treated as a mini-population because
voting results are independent of region.
E. Use systematic random sampling. By varying the k-value, a sampling of the whole nation can
be selected to achieve the needed accuracy.
What is a closed question? What is an open question? Discuss the advantages and disadvantages of each type of question.
What is a closed question? What is an open question?
A. A closed question always has yes or no answers, whereas an open question is a
free-response question.
B. A closed question has many correct answers, whereas an open question has only one correct
answer.
C. A closed question has fixed choices for answers, whereas an open question is a
free-response question.
D. A closed question is a free-response question, whereas an open question has fixed choices
for answers.
Discuss the advantages and disadvantages of each type of question.
A. Closed questions are harder to analyze, because they limit the responses. Open questions
allow respondents to state exactly how they feel, but are easier to analyze due to the variety
of answers.
B. Closed questions allow respondents to state exactly how they feel, but are harder to analyze
due to the variety of answers and possible misinterpretation of answers. Open questions are
easier to analyze, but limit the responses.
C. Closed questions are easier to analyze, but limit the responses. Open questions allow
respondents to state exactly how they feel, but are harder to analyze due to the variety of
answers and possible misinterpretation of answers.
D. Closed questions are easier to analyze, because they usually gather more accurate data.
Open questions limit the responses, but are harder to analyze since not every viewpoint will
be covered.
7/1/2020 UNIT 1 – Section 1.4 – 1.6 Homework-Brian Luth
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10.
11.
The following survey has bias.
(a) Determine the type of bias.
(b) Suggest a remedy.
Suppose a survey regarding the sleeping habits of students is being conducted. From a list of
registered students, a researcher obtains a simple random sample of 150 students. One survey
question is “How much sleep do you get?”
(a) What is the type of bias?
Nonresponse bias
Response bias
Sampling bias
(b) What is a possible remedy?
Use systematic random sampling.
Reword the question.
Conduct face-to-face or telephone interviews.
A poll is being conducted
to obtain a sample of the population of an entire country. What is the frame for this
type of sampling? Who would be excluded from the survey and how might this affect the results of the survey?
using random digit dialing, which means a computer randomly
generates phone numbers of landlines
What is the frame for this type of sampling?
A. The frame is people who like to talk on the phone.
B. The frame is anyone with a landline phone.
C. The frame is people who are home during the day.
D. The frame is the entire population of the country.
Who would be excluded from the survey and how might this affect the results of the survey?
A.
This could result in sampling bias due to
undercoverage.
Any household without a landline phone, households on the do not call registry,
and homeless individuals are excluded.
B. is excluded. This could result in sampling
bias due to undercoverage.
Any person that does not like to talk on the phone
C.
This could result in nonresponse bias due to people
not participating in the poll.
Any household without a landline phone, households on the do not call registry,
and homeless individuals are excluded.
D. There is nobody that is being excluded from the survey.
7/1/2020 UNIT 1 – Section 1.4 – 1.6 Homework-Brian Luth
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12.
13.
Why is it rare for frames to be completely accurate?
Choose the correct answer below.
A. It is rare for frames to be accurate because individuals that were selected to be in the sample
do not always respond to the survey, which can create nonresponse bias.
B. It is rare for frames to be accurate because large sample sizes used in frames almost always
result in data-entry errors.
C. It is rare for frames to be accurate because frames are obtained in a way that causes the
sample to favor one part of the population over another.
D. It is rare for frames to be accurate because frames are obtained periodically, whereas
populations are constantly changing.
What are some solutions to nonresponse?
Select all that apply.
A. reduce interview error B. change wording of questions
C. use cluster sampling D. reduce undercoverage
E. use convenience sampling F. use stratified sampling
G. offer rewards and incentives H. attempt callbacks
7/1/2020 UNIT 1 – Section 1.4 – 1.6 Homework-Brian Luth
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14. Define the following terms.
(a) Experimental unit (d) Factor
(b) Treatment (e) Placebo
(c) Response variable (f) Confounding
(a) Define experimental unit. Choose the correct answer below.
A. The quantitative or qualitative variable for which the experimenter wishes to determine how
its value is affected by the explanatory variable
B. A person, object, or some other well-defined item upon which a treatment is applied
C. Any combination of the values of the factors (explanatory variables)
D. An innocuous medication, such as a sugar tablet, that looks, tastes, and smells like the
experimental medication
(b) Define treatment. Choose the correct answer below.
A. The number of individuals in the experiment
B. Any combination of the values of the factors (explanatory variables)
C. The quantitative or qualitative variable for which the experimenter wishes to determine how
its value is affected by the explanatory variable
D. A controlled study to determine the effect varying one or more explanatory variables or
factors has on a response variable
(c) Define response variable. Choose the correct answer below.
A. An innocuous medication, such as a sugar tablet, that looks, tastes, and smells like the
experimental medication
B. The effect of two factors (explanatory variables on the response variable) cannot be
distinguished.
C. The variable whose effect on the response variable is to be assessed by the experimenter
D. The quantitative or qualitative variable for which the experimenter wishes to determine how
its value is affected by the explanatory variable
(d) Define factor. Choose the correct answer below.
A. An innocuous medication, such as a sugar tablet, that looks, tastes, and smells like the
experimental medication
B. A controlled study to determine the effect varying one or more explanatory variables or
factors has on a response variable
C. Grouping together similar experimental units
D. A variable whose effect on the response variable is to be assessed by the experimenter
(e) Define placebo. Choose the correct answer below.
A. An innocuous medication, such as a sugar tablet, that looks, tastes, and smells like the
experimental medication
B. A controlled study to determine the effect varying one or more explanatory variables or
factors has on a response variable
C. Grouping together similar experimental units
D. Using treatments on many experimental units
(f) Define confounding. Choose the correct answer below.
7/1/2020 UNIT 1 – Section 1.4 – 1.6 Homework-Brian Luth
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15.
A. Using treatments on many experimental units
B. The effect of two factors (explanatory variables on the response variable) cannot be
distinguished.
C. A controlled study to determine the effect varying one or more explanatory variables or
factors has on a response variable
D. Grouping together similar experimental units
Explain the difference between a single-blind and a double-blind experiment.
Choose the correct answer below.
A. In a single-blind experiment, there is a control group. In a double-blind experiment, there is
both a control group and a placebo treatment is used.
B. In a single-blind experiment, the subject does not know which treatment is received. In a
double-blind experiment, neither the subject nor the researcher in contact with the subject
knows which treatment is received.
C. A single blind experiment is one in which each experimental unit is randomly assigned to a
treatment. A double-blind experiment is one in which similar experimental units are grouped
together and the experimental units within each block are randomly assigned to treatments.
D. In a single-blind experiment, the researcher does not know what the response variable is. In
a double-blind experiment, neither the subject nor the researcher knows what the response
variable is.

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