for prof avril

Discussion  1

Every time a company prepares financial statements, adjusting entries are required. Generally, financial statements are prepared at the end of each month, the end of each quarter and at the end of each year.

Each adjusting entry affects a balance sheet account and an income statement account. For example, Adjusting Entries for Prepaid Assets or Fixed Assets involve decreasing the asset account and increasing the expense account. Adjusting entries are made in order properly follow GAAP.  

1. Based on your review of Chapter 3, describe an adjusting journal entry that is needed at the end of an accounting period.
2. Why are adjusting entries important and how do they contribute to accurate financial reporting?
3. Accrual accounting is required under U.S. GAAP. One of the main principles of accrual accounting is the Matching Principle, also known as the Revenue Recognition Principle and the Expense Recognition Principle. Consult are liable resource online and in your own words, explain the difference between accrual basis accounting and cash basis accounting. How does this relate to the Matching Principle?

Discussion 2

 Respond to at least two peers’ posts. When comparing your ecological footprint results with the results of your peers. What items are similar and what was different? Suggest areas you may be able to refine in order to reduce the number of Plant Earths needed to sustain you. 

Alyssa post

This is the second time I have used the Global Footprint Network’s Footprint Calculator. The first time I did it, I had the overshoot day the 29th of July and if everyone lived like me, we would need 1.7 Earths. This time around my personal overshoot day is the 28th of August. Also, if everyone lived like me, we would need 1.5 Earths, which is .2 Earths lower than what I had in May. My carbon footprint is still the highest of my emissions. I am happy that I decreased in Earths, now I need to work on my carbon footprint and my emissions.

Jonathan post

 

So now, on to my results. My overshoot day is April 15th, and if everyone lived like me we would 3.4 earths. My biggest consumption was my carbon footprint. As I am looking over this data, I’m still not sure if I know what 100% of what everything means. I can sort of understand about the carbon footprint, but it still seems higher than what I thought it would be. My wife and I both have newer cars (oldest being a 2016), hers being an SUV. I know the SUV will contribute to a higher percentage, but it is a 4 cylinder turbo. Mine is a sedan with the same type of engine. I suppose these are things that I should have thought about in the past. This may be something that opens eyes if you will.
 

Discussion 3

ANSWER THE ATTACH WORKSHEET BELOW

SCI 100 Module One Activity: Source Credibility Worksheet

Overview

In this activity, you’ll evaluate an article about a scientific topic to decide whether it’s credible—in other words, whether you can trust what it’s telling you. As a student and in your everyday life, you need to be able to determine whether sources are credible.

Instructions

In this week’s discussion, you chose a news story from ScienceDaily to focus on for the projects in the course. The story was about a topic in the natural sciences that interests you—maybe it was something like deforestation, viruses, or pesticides.

For this activity, you’ll locate a second article on the same topic, and evaluate whether it would be credible enough to use in your academic work. This is valuable practice, because when you’re researching a topic, you should never just rely on a single source of information. Looking for multiple perspectives gives you a better sense of the complexities of your topic.

To complete this assignment, do the following:

1. Search for a second article about the same natural science topic you focused on in the first discussion. For this assignment, don’t use ScienceDaily; find an article instead from the

Shapiro Library

.

2. Choose an article and read it.

3. Fill out the Article Information table with relevant background information about your chosen article, such as the author’s name and when it was published. This information would help you if you needed to cite your article.

4. Score the article using the Article Evaluation Rubric. This will help you see how credible your chosen article is.

5. Finally, answer the reflection questions.

Part 1: Article Information

Fill out this table with as much information as is available about your article.

Author(s)	Type your responses in this table.
Title of the Article
Publication Date/Date of the Last Update
Publisher Name/Organization
Publisher Location/Address (if it’s a book)
Volume and Issue Number (if it’s a periodical)
Link to Article
Retrieval Date

Part 2: Article Evaluation Rubric

One way to determine how credible a source is to use the C.R.A.A.P.O. method. This is an acronym that stands for:

· Currency

· Relevancy

· Accuracy

· Authority

· Purpose & Objectivity

The following rubric asks you to use the C.R.A.A.P.O. method to evaluate your chosen article. For each row in the rubric, enter a score for your article. Then, add up each row to get a total score for the article. A good article will have a total score of 20 to 24.

For more information on the C.R.A.A.P.O. method, check out the

Shapiro Library’s Guide to Evaluating Sources Using the C.R.A.A.P.O. Method

.

Criteria	One (1 point)	Two (2 points)	Three (3 points)	Four (4 points)	Score
Currency	No publishing date is listed, or no updates have been made in over a year	Updates have been made in the past year	Updates have been made in the last six months	Updates have been made in the last three months
Relevancy	Content is unrelated to your topic, and/or the level of the content is too simple or too complex	Content is either related but at the incorrect level, or unrelated but at the correct level	Content is related and at the correct level, but you are not comfortable using the resource in your research	Content is related and at the correct level, and you are comfortable using the resource in your research
Authority	The author is not listed, and no contact information is provided	The author is not listed, but contact information is provided	The author is listed without credentials; you are unsure whether the author created the material	The author is listed with credentials and is the originator of the information; contact information is provided
Accuracy	Information is not verifiable; resources are not documented	Some resources are not documented; some links do not work	Most resources are documented; links work	Well-organized resource, and resources are documented; links work
Purpose	A lot of advertising makes the content unclear	The purpose is to sell, entertain, or persuade; the resource contains a lot of advertising and bias	The purpose is to inform and teach, but the resource contains some advertising; there is minimal bias	The purpose is to inform and teach, and the resource contains little advertising; the resource is free of bias
Objectivity	It is unclear what institution or organization published and supports the resource	It is unclear whether the author has any connection with a larger institution; the resource is .com, .org, or another generic domain	The resource is supported by a larger institution, but some bias is apparent	It is clear the resource was published and is supported by a reputable institution; the resource is free of bias
Total Score

Note: The CRAAP (or CRAAPO) Test was created by Sarah Blakeslee (University of California at Chico, Meriam Library). With her permission, this content was based on her

original text

with some modification.

Part 3: Reflection

Finally, answer the following questions:

What total score did you give your article, and what does this score say about the credibility of the article?

Type your response in this table.

What made your article credible (or not)? Discuss the specific criteria that showed your article is credible (or that it’s not).

Why is it important to only use credible sources?

How could you apply what you’ve learned about evaluating sources to your daily life? For instance, does the C.R.A.A.P.O. rubric make you think any differently about the media you interact with?