Readings in Accounting for Management Control System MyAssignmenthelp.

Question: Discuss about the Readings in Accounting for Management Control System. Answer: Introduction: Wesfarmers and Woolworths limited are the largest listed companies in Australia. Wesfarmers and Woolworth are the top competitors in retail business in Australia. Wesfarmers has diverse operations in business and is the largest private sector employer. Woolworth Limited have been competing on price and they have been adding products in their shelves. The report outlines the manner of preparing the cash flow statement of both the competitors (Bebbington et al., 2014). Information in relation of different component of cash flow statement has been discussed. In the later part of report, analysis of cash flow information has been done by calculating several ratios. Recommendation has been made after conducting the analysis of cash flow information that would help in judging the credit risk of both the companies. The cash flow statement of Wesfarmers and Woolworths limited has been prepared using direct method. Under this method, the operating activities are reported by way of cash disbursement and cash receipt. It calculates the net cash inflow and outflow in few steps and that encompasses the cash generated from operating, investing and financing activities. The statement of cash flow depicts in the very first step the cash flow from operating activities followed with the cash flow generated from investing activities and in the last comes cash flow from financing activities (Anderson et al., 2015). The annual report of both the organization has depicted appropriate reconciliation of statement of cash flow in the notes to accounts. Woolworth limited and Wesfarmers have reconciled the cash flow statement in notes to accounts. The method of preparing the cash flow of both the organization has been done using direct flow method and the above screen shot from annual report of Wesfarmers and Woolworths limited depicts that they have reconciled the cash flow in their notes to accounts. Cash flow of Wesfarmers limited has included both continuing and discontinuing operations. Proceeds from borrowing and repayment of borrowing are allowed under AASB 107 statement of cash flow. The consolidated statement of cash flow of Woolworths limited has been prepared on historical cost basis by aligning with the Accounting policies. Such borrowings have been presented on net basis for the borrowings and their repayment. Inclusion of cash flow is done on a gross basis in the consolidated financial statements (McLaneyAtrill, 2014). Most recent approved business plan of the Wesfarmers for a period not beyond five years forms the basis of future cash flows. Expected cash flow beyond the approved business plan are extrapolated using the estimated long-term rate of growth. The value in use is assessed by future cash flow estimation that are reduced to their present value using the discount rate that taken into account the current market assessment of time value of money (Bonczek et al ., 2014). The cash flow from operating activities of depicts the new cash inflow or outflow resulting from continued and discontinued operations. It gives the information about amount received from customers and payments made to suppliers. Net increase or decrease in the finance costs are depicted in this particular section. Dividend paid to shareholders and distribution received from associates along with income tax paid and interest paid on borrowed amount is included in cash flow from operating activities. Cash flow from investing activities depicts the income received from the proceeds of sale of plant, equipment and property along with sale of controlled entities (Carlon et al., 2014). It shows whether the organization has acquired any subsidiaries or not in the current year. Net cash flow from financing activities involves proceeds from borrowing, repayment of borrowing and whether the organization has paid any capital return or equity dividend in the current year. All such information t ogether depicts net cash flow available to the company. This net cash is the amount that is available for making payment to shareholders in the event of winding up of company (Deegan Ward, 2013). Wesfarmers has generated positive cash flow in the current year and the amount stood at $ 1233 million. On the other hand, Woolworths limited has generated positive cash flow in the current year at amount $ 956 million. Wesfarmers generated substantial free cash flow and has no impact on cash flow due to Accounting impairments. The operating cash flow of the group reduced in the current financial year 2016 and this reflect that across the retail portfolio, the group has higher working capital investment. It also evident that investment has been made for supporting the growth in sales. The net cash used in investing activities shows information about the payment to equity and capital return. Information about repaying the borrowed amount proceeds from borrowing and exercising of in-substance under employees share plan is also depicted in the statement of cash flow. Wesfarmers has used net cash in investing activities and this comprise of proceeds generated from sales of equity or associates and from selling equipments, plant and property (Wesfarmers.com.au 2017). The cash flow from operating activities of Wesfarmers limited depicts the information about their trading performance and the impact of timing of making payment to creditors and this evaluates the credit worthiness of the organization. It also depicts the information from home improvement business and shows whether the organization has invested any amount in buying the assets that is plant, property and equipment. It shows the proceeds from shares and there was lower activity in the current period and this shows that expenditure on development of investment was reduced. Operating cash flow of Woolworths is presented as a percentage of net profit after tax before amortization and depreciation. Woolworths has used net cash from investing activities and this comprise of payment made to intangible assets, for the development of plant, property and equipment. Proceeds received from selling of subsidiaries and investment along with payment from selling from equipment, property and assets a re depicted in the statement of cash flow. Net cash used in financing activities are presented in the cash flow statement and this involves information about payment of dividend, dividend payment to non controlling interest and repayment of borrowing (Woolworthsgroup.com.au 2017). In addition to this, information about proceeds generated from issuing equity securities to shareholders and non-controlling interest. Net cash invested and used by the organization is depicted in the cash flow statement. Analysis for cash flow information for Woolworths and Wesfarmers limited using ratio analysis. The cash adequacy ratio of Wesfarmers limited is comparatively higher than that of Wesfarmers limited. An ideal adequacy ratio is generally higher than one. The ratio stood at 0.81 for Wesfarmers as compared to 0.75 for Woolworths. It is indicative of the fact that equity funding or debt requirement of Wesfarmers is less than Woolworth Limited. The adequacy of capital in maintaining the exposures to market is more for Wesfarmers and depicts that the financial system of organization is efficient and stable and thereby safe for investors. It is clear that cash flow ratio for Wesfarmers is higher than Woolworth. This ratio is obtained by dividing cash flow from operations from current operations. Cash flow ratio for Wesfarmers stood at 0.322 as against 0.262 for Woolworths. This indicates that cash flow generated by both the companies is not sufficient for clearing off their short-term obligations (DumitruMatei, 2014). However, cash flow generated by Wesfarmers is more than Woolworths limited. Wesfarmers is more liquid in relation to cash flow from operations in short run. Debt coverage ratio is obtained by dividing net operating income by total cost oif servicing debt. It is depicted from the analysis that debt coverage ratio of Woolworth is higher than Wesfarmers limited. The debt coverage ratio for Woolworths stood at 6.535 and for Wesfarmers ratio stood at 4.37. This higher ratio indicates that for servicing of debt, enough income is available to Woolworths. However, income available to Wesfarmers is also sufficient, although it is less than Woolworths. Availability of net operating income of Woolworths for servicing its current debts is comparatively higher than Wesfarmers. Cash flow to sales ratio depicts the organization ability to generate cash from its sales. It is obtained by dividing cash flow by net sales. The cash flow to sales ratio for Wesfarmers limited is higher than Woolworths. For Woolworths, value stood at 0.040 and the ratio for Wesfarmers is 0.051. Wesfarmers is more efficient in converting their sales into cash. It is always desirable for companies to have higher amount of operating cash flow. Higher ratio indicates that the company is effectively translating its sales into cash (Edwards, 2013). Conclusion: From the above discussion and analysis, it can be concluded that the short-term credit risk of Wesfarmers is better than Woolworth. The above ratio is indicative of the fact that both the organizations have adequate cash resources. Nonetheless, cash adequacy for Wesfarmers is higher than Woolworth limited. The revenue generated by Wesfarmers is comparatively higher than its competitors and the cash flow to sales ratio is higher. Therefore, Wesfarmers is superior at creating cash from their sales revenue. The debt payment ability of Woolworth is higher as compared to Wesfarmers as indicated by debt coverage ratio. Ability of the company to survive in long run is quite positive as they have enough net cash flow from their business. Although, the net cash flow Woolworth is higher than Wesfarmers. Reference: Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., Cochran, J. J. (2015).An introduction to management science: quantitative approaches to decision making. Cengage learning. Bebbington, J., Unerman, J., O'Dwyer, B. (2014).Sustainability Accounting and accountability. Routledge. Bonczek, R. H., Holsapple, C. W., Whinston, A. B. (2014).Foundations of decision support systems. Academic Press. Carlon, S., McAlpine-Mladenovic, R., Palm, C., Mitrione, L., Kirk, N., Wong, L. (2015).Financial Accounting: Reporting, Analysis and Decision Making. John Wiley and Sons Australia. Collier, P. M. (2015).Accounting for managers: Interpreting accounting information for decision making. John Wiley Sons. Deegan, C. (2013).Financial accounting theory. McGraw-Hill Education Australia. Deegan, C., Ward, A. M. (2013). Financial Accounting and Reporting: An International Approach. DRURY, C. M. (2013).Management and cost accounting. Springer. Dumitru, A. P., Matei, C. (2014). MANAGEMENT ACCOUNTING AT THE BOUNDARY BETWEEN CLASSICAL AND MODERN.Challenges of the Knowledge Society, 644. Edwards, J. R. (2013).A History of Financial Accounting (RLE Accounting)(Vol. 29). Routledge. Henderson, S., Peirson, G., Herbohn, K., Howieson, B. (2015).Issues in financial accounting. Pearson Higher Education AU. Hoskin, R. E., Fizzell, M. R., Cherry, D. C. (2014).Financial Accounting: a user perspective. Wiley Global Education. Kemp, R., Waybright, J. (2016).Financial accounting. Pearson. May, G. O. (2013).Financial accounting. Read Books Ltd. McLaney, E. J., Atrill, P. (2014).Accounting and Finance: An Introduction. Pearson. Nuhu, N. A., Baird, K., Appuhami, R. (2016). The Association between the Use of Management Accounting Practices with Organizational Change and Organizational Performance. InAdvances in Management Accounting(pp. 67-98). Emerald Group Publishing Limited. Otley, D., Emmanuel, K. M. C. (2013).Readings in accounting for management control. Springer. Radu, F. (2016). The Information-ConnexionBetween Financial Accounting and Management Accounting.Ovidius University Annals, Economic Sciences Series,16(2), 595-599. Salako, M. A., Yusuf, S. A. (2016). Cost Accounting: A Pivotal Factor of Entrepreneurial Success. Talk, O. M. (2016). Operations management. Wagenhofer, A. (2015). Usefulness and implications for financial accounting.The Routledge Companion to Financial Accounting Theory, 341. Wesfarmers.com.au. (2017). Retrieved 1 May 2017, from https://www.wesfarmers.com.au/docs/default-source/reports/2016-annual-report.pdf?sfvrsn=4 Weygandt, J. J., Kimmel, P. D., Kieso, D. E. (2015).Financial Managerial Accounting. John Wiley Sons. Woolworthsgroup.com.au. (2017). Retrieved 1 May 2017, from https://www.woolworthsgroup.com.au/icms_docs/185865_annual-report-2016.pdf

McDonalds Company and Jan Fields Role in It

Introduction Jan Fields is the Executive Vice President (EVP) and Chief Operating Officer (COO) of McDonald’s USA where she is in charge of the strategic decision and the overall business results of over 14,000 McDonald’s restaurants based in the United States.Advertising We will write a custom research paper sample on McDonald’s Company and Jan Fields Role in It specifically for you for only $16.05 $11/page Learn More Jan Fields, a military wife, started her career at McDonald’s in 1978 at the age of 22 flipping burgers at one of the many McDonald’s restaurants established in the US. Since then she rose through the ranks by working at the various levels and positions of the company. Before her current location, Fields worked as the president of McDonald’s Central Division where she oversaw the operations of more than 4,400 restaurants in the United States. Her elevated status now requires her to manage the daily activities of over 14,000 fast food restaurants operated by the retail giant (Success Magazine, 2009). Background of her Career With no college degree or any job qualifications and experience, Jan Fields made a fateful stop for a drink inside a McDonald’s restaurant in Dayton, Ohio as she was on her way for an interview. She spotted the hiring sign for crewmembers and decided to apply as she preferred the flexible work hours the restaurant was offering its employees. Fields applied immediately for the job and succeeded in the interview preceding her secretarial job interview. After her first day at work, she was overcome with emotion and lamented to her husband that she was not able to do the job because it was too hard.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The reason for this was that the restaurant had many rules on how to make French fries which made them dist inguishable from other French fries sold by competing companies such as KFC (Hartman et al., 2009). Fields eventually decided to endure the hard working conditions in the restaurant by returning there the next day to work at the front counter. It was while she was serving customers that Fields realized she loved her job. This enabled her to advance towards the various positions within the company as well as the various tiers of management. She was able to progress from being a crewmember to a fry chief and then to every restaurant-level position within the company. Fields were able to manage the Dayton restaurant in Ohio for more than two years before she moved up again to manage multiple restaurants in the larger area of the United States (Hartman et al., 2009). During her journey to the top, Fields held to her work ethics and philosophy where she focused all her strength and ability on the current job she held instead of concentrating all her efforts on receiving promotions. She e xplained her philosophy by stating that if an employee focuses on their existing job by placing a lot of effort on the performance of the job thereby doing it better than other employees; then their advancement to the next position within the organization would come at a much faster and easier rate. Fields noted that recognition within McDonald’s was easily rewarded for employees who performed their work duties at their best possible work effort.Advertising We will write a custom research paper sample on McDonald’s Company and Jan Fields Role in It specifically for you for only $16.05 $11/page Learn More She, therefore, attributed her career success to performing her work duties exceptionally well and not focusing on getting another job within McDonald’s (Success Magazine, 2009). Career Advancement Since her humble beginning as a crew member at the McDonald’s restaurant in Dayton, Fields has worked for the company for over 28 years in the span of which she has become a senior vice president for the Central Division as well as a senior vice president for the Southeast Division of the company. Currently, she is one of the six executive vice presidents at McDonald’s and she attributes this success to her ability to deal with limitations and obstacles during her work. Her work ethics and philosophy of not letting situations or people get in her way has enabled to achieve career progression within McDonald’s. She was also the regional vice president of the Pittsburg region in the United States before she moved to the role of senior vice president in the Central Division (McDonald’s, 2011). As a senior vice president, her work duties involved visiting various fast-food restaurants operated by McDonald’s in almost half of the country. At some point in executing her duties, she moved around with a stopwatch in her car to time the drive-through lanes in various fast food restaurants t o determine the pace of service as well as the quality of food being served to customers.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Fields were able to advance from the position of senior vice president for the Central Division to be the chief operating officer and executive vice president of McDonald’s, a job that would require her to oversee the duties and responsibilities of over 800,000 employees working for McDonald’s. Apart from being the executive vice president and chief operating officer at McDonald’s, Fields serves as a board of member for the Ronald McDonald House Charities, the Chicago Urban League and the United Cerebral Palsy Organization (McDonald’s, 2011). Honorary Awards and Achievements Jan Fields has been honored with many awards throughout her entire career with the first award being the President’s Award which she received in 1988 for being an outstanding employee of the Company. She was also a recipient of the McDonald’s Golden Arch Partners Award in the same year for exemplary service and achieving considerable results in strategic initiatives with in the company. In 2001, she was honored with the McDonald’s Women Operators Network Recognition Award while the following year she was honored with the Women’s Leadership Award for her ability to serve in various managerial positions within McDonald’s (Businessweek, 2011). One of her major work achievements has been that of being a longtime advocate for people development within the company where she has actively participated in employee mentoring and diversity programs. She has also held the position of an executive sponsor for the Career Development program within McDonald’s where she mentors employees on the various career progression alternatives they have for progressing within McDonald’s. As an executive sponsor, she has been able to speak in many diversity network meetings that are meant to support diversity in the workplace. Fields is also a member of the Chicago Network which is an organization for professional women occupying high seats in the business, art, academic or government industries (McDonald’s, 2011). Her career progression and achievements have made a notable mark on the rest of the world with Forbes magazine ranking her as one of the 100 most powerful women in America during the 2008 and 2009 edition (Forbes, 2010). Fortune magazine also ranked her amongst the 50 most powerful women in the world during the 2007, 2008 and 2009 Fortune lists (Fortune, 2011). Fields were also ranked by the Wall Street Journal as one of the 50 women to watch for the 2007 list. References Businessweek (2011). McDonald’s Corp. Web. Forbes. (2010). Janice L. Fields. Web. Fortune (2011). 50 most powerful women. Web. Hartman, L., Sheehan, J., and Mead, E., (2008). Started as a crew: Jan Fields and  McDonald’s. Case Study No. UVA-E-0308. Charlottesville, US: Darden Business publishing. McDonald’s (2011). Jan Fields. Web. Success Magazine (2009). From fry to COO: McDonald’s Janice Fields says  focusing on her job, not obstacles, paved her way to success. Web. This research paper on McDonald’s Company and Jan Fields Role in It was written and submitted by user Leslie Z. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

New SAT Practice Tests 8 Tips for Finding and Using Them

New SAT Practice Tests 8 Tips for Finding and Using Them SAT / ACT Prep Online Guides and Tips The new SAT is officially here, which means that a lot of the old SAT practice material out there isn’t very helpful anymore. In order to study effectively, it’s important to use practice tests that test the same strategy and content as the SAT. With the recent SAToverhaul, this means turning to new practice material. Official College Board tests are the gold standard when it comes to test prep materials. Here, you’ll find free links to all the official New SAT practice tests, essays, answer keys, and scoring instructions, along with tips and strategies on how to use them. You might notice, however, that there’s a limit to how much free official prep is available. If you’re looking for more legitimate practice problems to work with, you’ll find helpful alternatives to the official practice tests towards the end. Free Official New SAT Practice Tests These following tests are the only free official practice tests for the redesigned SAT. If you need preparatory material, these practice tests are the best things you can use. In order to prepare effectively for the SAT, you want to use practice problems that test the same content, in the same ways, with the same timing restrictions as the actual test. If you use sub-par practice materials, you may be doing yourself more harm than good by preparing for things that won't actually help you on the SAT- this just wastes your time and leaves you underprepared, even if you study hard. Actual practice tests from the College Board meet all of the criteria I listed above because they're written by the makers of the SAT. Practice Test 1: Questions | Answers | Answer Explanations | Essay Practice Test 2: Questions | Answers | Answer Explanations | Essay Practice Test 3: Questions | Answers | Answer Explanations | Essay Practice Test 4: Questions | Answers | Answer Explanations | Essay Practice Test 5: Questions | Answers | Answer Explanations |Essay Practice Test 6: Questions | Answers | Answer Explanations |Essay Practice Test 7: Questions | Answers | Answer Explanations |Essay Practice Test 8: Questions | Answers | Answer Explanations | Essay Practice Test 9: Questions | Answers | Answer Explanations Practice Test 10: Questions | Answers | Answer Explanations How to Use Official New SAT Practice Tests Most Effectively With a limited number of officialSAT practice tests available, you'll want to make sure you use each and every practice problem as effectively and as efficiently as possible. Follow these steps to get the most out of the official tests: Mimic Official Testing Conditions You need to use official practice tests because they're as close to the real SAT as you can get. In order to get the most out of them, you should also recreate real SAT testing conditions as best you can. To do this, you should: Take each test straight through, in a single sitting if possible. The SAT requires an extended period of intense focus- the more you practice these marathon testing sessions, the better off you'll be on test day. Time each section carefully. Many students have issues with timing on the SAT- if you give yourself extra time (even a couple minutes) on a practice section, you might think you're performing better than you actually would on test day. Even if you can't take a whole test straight through, make sure you time each section appropriately Do a Post-Mortem After Every Test The whole point of investing time and energy in SAT practice is so that you can learn from your mistakes and improve your score. If you do a ton of practice but never figure out where you're messing up, you scores won't go up- it's as simple as that. If you want to know exactly how to analyze your practice materials, check out our guide on the best way to review your mistakes on the SAT. Don't Use Them All at Once With only 10 official practice tests, you're limited when it comes to optimal practice materials. As such, it's important to pace yourself and use the official tests wisely. This means only moving on to the next practice test after thoroughly reviewing your mistakes from the previous one. You may even want to re-do tough questions (after a waiting period) to see if you can figure them out after reviewing the material. What Are Your Other Options for SAT Practice Materials? Thesetests are a good place to start, but you could run out of practice material quickly if you have an intensive study plan. Here are some other things you can do to get your hands on quality study material: Use PSAT Practice Tests The PSAT is made by the College Board (the maker of the SAT) and closely resembles the new SAT. It's not a perfect match, but it will be very similar to what you see on the actual test. You can find a complete list in our guide to PSAT practice tests. Get an SAT Prep Book You should have the same concerns with SAT prep books that you do with free online prep materials: you want to make sure they’re as close to the real thing as possible so that you can study effectively. If you choose to get an SAT prep book, make sure you purchasea highly rated, legitimate resource. You can start by checking out our guide to the best SAT books- it's updated regularly so you know you're getting the most up-to-date recommendations. Use Other College Board Resources The College Board has other practice material available besides their complete, official practice tests. You can check out individual practice questions on their website for the math, reading, writing language, and essay sections- they're all official. You can also check out College Board-approved practice problems through Khan Academy. Although this is a great resource, keep in mind that there are problems with just relying on this service to prepare for the SAT. Use Unofficial Free Tests (With Caution) Unofficial free tests can be good resources for students who will be doing a lot of prep and require supplementary materials. There are afew things to be wary of when you look for unofficial tests: Free test prep materials, by virtue of being free, are often lower quality than paid prep materials They may not test the same content in the same way that you'll see on the real SAT These tests may be particularly helpful if you're already a high scorer and want to do a deep dive on what makes official materials different from non-official ones.Ultimately, unofficial tests are best for untimed content review- don't worry if you come across weird question types or content. You can start your search for unofficial tests with Ivy Global, MajorTests.com, Varsity Tutors, and Veritas Prep. Check out our massive guide to free prep material for more tips and tricks to using these unofficial tests. Be careful to think critically about how unofficial materials differ from the real SAT Use PrepScholar to Stay Linked In PrepScholar will always be a great free and reliable resource for students trying to prep for the SAT. Our blog content is constantly updated to keep up with changing SAT content and strategy. Some of our updated posts on the new SAT include: The Complete Guide to the New SAT in 2016 How to Study for the New SAT in 2016 New 2016 SAT: What's a Good Score? The New SAT vs. the ACT: Full Breakdown Best SAT Prep Books 2016 (Updated for the New SAT) What's Next? Still not enough? You can also check out our complete collection of free SAT prep materialsand our guide to usingold SAT practice tests to study for the redesigned test. You'll also need to make sure you understand what's on each section: Math, Reading, Writing, and the Essay. Finally, learn the best tips and tricks for acing the test. Want to improve your SAT score by 160 points?We have the industry's leading SAT prep program. Built by Harvard grads and SAT full scorers, the program learns your strengths and weaknesses through advanced statistics, then customizes your prep program to you so you get the most effective prep possible. Check out our 5-day free trial today:

New SAT Practice Tests 8 Tips for Finding and Using Them

New SAT Practice Tests 8 Tips for Finding and Using Them SAT / ACT Prep Online Guides and Tips The new SAT is officially here, which means that a lot of the old SAT practice material out there isn’t very helpful anymore. In order to study effectively, it’s important to use practice tests that test the same strategy and content as the SAT. With the recent SAToverhaul, this means turning to new practice material. Official College Board tests are the gold standard when it comes to test prep materials. Here, you’ll find free links to all the official New SAT practice tests, essays, answer keys, and scoring instructions, along with tips and strategies on how to use them. You might notice, however, that there’s a limit to how much free official prep is available. If you’re looking for more legitimate practice problems to work with, you’ll find helpful alternatives to the official practice tests towards the end. Free Official New SAT Practice Tests These following tests are the only free official practice tests for the redesigned SAT. If you need preparatory material, these practice tests are the best things you can use. In order to prepare effectively for the SAT, you want to use practice problems that test the same content, in the same ways, with the same timing restrictions as the actual test. If you use sub-par practice materials, you may be doing yourself more harm than good by preparing for things that won't actually help you on the SAT- this just wastes your time and leaves you underprepared, even if you study hard. Actual practice tests from the College Board meet all of the criteria I listed above because they're written by the makers of the SAT. Practice Test 1: Questions | Answers | Answer Explanations | Essay Practice Test 2: Questions | Answers | Answer Explanations | Essay Practice Test 3: Questions | Answers | Answer Explanations | Essay Practice Test 4: Questions | Answers | Answer Explanations | Essay Practice Test 5: Questions | Answers | Answer Explanations |Essay Practice Test 6: Questions | Answers | Answer Explanations |Essay Practice Test 7: Questions | Answers | Answer Explanations |Essay Practice Test 8: Questions | Answers | Answer Explanations | Essay Practice Test 9: Questions | Answers | Answer Explanations Practice Test 10: Questions | Answers | Answer Explanations How to Use Official New SAT Practice Tests Most Effectively With a limited number of officialSAT practice tests available, you'll want to make sure you use each and every practice problem as effectively and as efficiently as possible. Follow these steps to get the most out of the official tests: Mimic Official Testing Conditions You need to use official practice tests because they're as close to the real SAT as you can get. In order to get the most out of them, you should also recreate real SAT testing conditions as best you can. To do this, you should: Take each test straight through, in a single sitting if possible. The SAT requires an extended period of intense focus- the more you practice these marathon testing sessions, the better off you'll be on test day. Time each section carefully. Many students have issues with timing on the SAT- if you give yourself extra time (even a couple minutes) on a practice section, you might think you're performing better than you actually would on test day. Even if you can't take a whole test straight through, make sure you time each section appropriately Do a Post-Mortem After Every Test The whole point of investing time and energy in SAT practice is so that you can learn from your mistakes and improve your score. If you do a ton of practice but never figure out where you're messing up, you scores won't go up- it's as simple as that. If you want to know exactly how to analyze your practice materials, check out our guide on the best way to review your mistakes on the SAT. Don't Use Them All at Once With only 10 official practice tests, you're limited when it comes to optimal practice materials. As such, it's important to pace yourself and use the official tests wisely. This means only moving on to the next practice test after thoroughly reviewing your mistakes from the previous one. You may even want to re-do tough questions (after a waiting period) to see if you can figure them out after reviewing the material. What Are Your Other Options for SAT Practice Materials? Thesetests are a good place to start, but you could run out of practice material quickly if you have an intensive study plan. Here are some other things you can do to get your hands on quality study material: Use PSAT Practice Tests The PSAT is made by the College Board (the maker of the SAT) and closely resembles the new SAT. It's not a perfect match, but it will be very similar to what you see on the actual test. You can find a complete list in our guide to PSAT practice tests. Get an SAT Prep Book You should have the same concerns with SAT prep books that you do with free online prep materials: you want to make sure they’re as close to the real thing as possible so that you can study effectively. If you choose to get an SAT prep book, make sure you purchasea highly rated, legitimate resource. You can start by checking out our guide to the best SAT books- it's updated regularly so you know you're getting the most up-to-date recommendations. Use Other College Board Resources The College Board has other practice material available besides their complete, official practice tests. You can check out individual practice questions on their website for the math, reading, writing language, and essay sections- they're all official. You can also check out College Board-approved practice problems through Khan Academy. Although this is a great resource, keep in mind that there are problems with just relying on this service to prepare for the SAT. Use Unofficial Free Tests (With Caution) Unofficial free tests can be good resources for students who will be doing a lot of prep and require supplementary materials. There are afew things to be wary of when you look for unofficial tests: Free test prep materials, by virtue of being free, are often lower quality than paid prep materials They may not test the same content in the same way that you'll see on the real SAT These tests may be particularly helpful if you're already a high scorer and want to do a deep dive on what makes official materials different from non-official ones.Ultimately, unofficial tests are best for untimed content review- don't worry if you come across weird question types or content. You can start your search for unofficial tests with Ivy Global, MajorTests.com, Varsity Tutors, and Veritas Prep. Check out our massive guide to free prep material for more tips and tricks to using these unofficial tests. Be careful to think critically about how unofficial materials differ from the real SAT Use PrepScholar to Stay Linked In PrepScholar will always be a great free and reliable resource for students trying to prep for the SAT. Our blog content is constantly updated to keep up with changing SAT content and strategy. Some of our updated posts on the new SAT include: The Complete Guide to the New SAT in 2016 How to Study for the New SAT in 2016 New 2016 SAT: What's a Good Score? The New SAT vs. the ACT: Full Breakdown Best SAT Prep Books 2016 (Updated for the New SAT) What's Next? Still not enough? You can also check out our complete collection of free SAT prep materialsand our guide to usingold SAT practice tests to study for the redesigned test. You'll also need to make sure you understand what's on each section: Math, Reading, Writing, and the Essay. Finally, learn the best tips and tricks for acing the test. Want to improve your SAT score by 160 points?We have the industry's leading SAT prep program. Built by Harvard grads and SAT full scorers, the program learns your strengths and weaknesses through advanced statistics, then customizes your prep program to you so you get the most effective prep possible. Check out our 5-day free trial today:

New SAT Practice Tests 8 Tips for Finding and Using Them

New SAT Practice Tests 8 Tips for Finding and Using Them SAT / ACT Prep Online Guides and Tips The new SAT is officially here, which means that a lot of the old SAT practice material out there isn’t very helpful anymore. In order to study effectively, it’s important to use practice tests that test the same strategy and content as the SAT. With the recent SAToverhaul, this means turning to new practice material. Official College Board tests are the gold standard when it comes to test prep materials. Here, you’ll find free links to all the official New SAT practice tests, essays, answer keys, and scoring instructions, along with tips and strategies on how to use them. You might notice, however, that there’s a limit to how much free official prep is available. If you’re looking for more legitimate practice problems to work with, you’ll find helpful alternatives to the official practice tests towards the end. Free Official New SAT Practice Tests These following tests are the only free official practice tests for the redesigned SAT. If you need preparatory material, these practice tests are the best things you can use. In order to prepare effectively for the SAT, you want to use practice problems that test the same content, in the same ways, with the same timing restrictions as the actual test. If you use sub-par practice materials, you may be doing yourself more harm than good by preparing for things that won't actually help you on the SAT- this just wastes your time and leaves you underprepared, even if you study hard. Actual practice tests from the College Board meet all of the criteria I listed above because they're written by the makers of the SAT. Practice Test 1: Questions | Answers | Answer Explanations | Essay Practice Test 2: Questions | Answers | Answer Explanations | Essay Practice Test 3: Questions | Answers | Answer Explanations | Essay Practice Test 4: Questions | Answers | Answer Explanations | Essay Practice Test 5: Questions | Answers | Answer Explanations |Essay Practice Test 6: Questions | Answers | Answer Explanations |Essay Practice Test 7: Questions | Answers | Answer Explanations |Essay Practice Test 8: Questions | Answers | Answer Explanations | Essay Practice Test 9: Questions | Answers | Answer Explanations Practice Test 10: Questions | Answers | Answer Explanations How to Use Official New SAT Practice Tests Most Effectively With a limited number of officialSAT practice tests available, you'll want to make sure you use each and every practice problem as effectively and as efficiently as possible. Follow these steps to get the most out of the official tests: Mimic Official Testing Conditions You need to use official practice tests because they're as close to the real SAT as you can get. In order to get the most out of them, you should also recreate real SAT testing conditions as best you can. To do this, you should: Take each test straight through, in a single sitting if possible. The SAT requires an extended period of intense focus- the more you practice these marathon testing sessions, the better off you'll be on test day. Time each section carefully. Many students have issues with timing on the SAT- if you give yourself extra time (even a couple minutes) on a practice section, you might think you're performing better than you actually would on test day. Even if you can't take a whole test straight through, make sure you time each section appropriately Do a Post-Mortem After Every Test The whole point of investing time and energy in SAT practice is so that you can learn from your mistakes and improve your score. If you do a ton of practice but never figure out where you're messing up, you scores won't go up- it's as simple as that. If you want to know exactly how to analyze your practice materials, check out our guide on the best way to review your mistakes on the SAT. Don't Use Them All at Once With only 10 official practice tests, you're limited when it comes to optimal practice materials. As such, it's important to pace yourself and use the official tests wisely. This means only moving on to the next practice test after thoroughly reviewing your mistakes from the previous one. You may even want to re-do tough questions (after a waiting period) to see if you can figure them out after reviewing the material. What Are Your Other Options for SAT Practice Materials? Thesetests are a good place to start, but you could run out of practice material quickly if you have an intensive study plan. Here are some other things you can do to get your hands on quality study material: Use PSAT Practice Tests The PSAT is made by the College Board (the maker of the SAT) and closely resembles the new SAT. It's not a perfect match, but it will be very similar to what you see on the actual test. You can find a complete list in our guide to PSAT practice tests. Get an SAT Prep Book You should have the same concerns with SAT prep books that you do with free online prep materials: you want to make sure they’re as close to the real thing as possible so that you can study effectively. If you choose to get an SAT prep book, make sure you purchasea highly rated, legitimate resource. You can start by checking out our guide to the best SAT books- it's updated regularly so you know you're getting the most up-to-date recommendations. Use Other College Board Resources The College Board has other practice material available besides their complete, official practice tests. You can check out individual practice questions on their website for the math, reading, writing language, and essay sections- they're all official. You can also check out College Board-approved practice problems through Khan Academy. Although this is a great resource, keep in mind that there are problems with just relying on this service to prepare for the SAT. Use Unofficial Free Tests (With Caution) Unofficial free tests can be good resources for students who will be doing a lot of prep and require supplementary materials. There are afew things to be wary of when you look for unofficial tests: Free test prep materials, by virtue of being free, are often lower quality than paid prep materials They may not test the same content in the same way that you'll see on the real SAT These tests may be particularly helpful if you're already a high scorer and want to do a deep dive on what makes official materials different from non-official ones.Ultimately, unofficial tests are best for untimed content review- don't worry if you come across weird question types or content. You can start your search for unofficial tests with Ivy Global, MajorTests.com, Varsity Tutors, and Veritas Prep. Check out our massive guide to free prep material for more tips and tricks to using these unofficial tests. Be careful to think critically about how unofficial materials differ from the real SAT Use PrepScholar to Stay Linked In PrepScholar will always be a great free and reliable resource for students trying to prep for the SAT. Our blog content is constantly updated to keep up with changing SAT content and strategy. Some of our updated posts on the new SAT include: The Complete Guide to the New SAT in 2016 How to Study for the New SAT in 2016 New 2016 SAT: What's a Good Score? The New SAT vs. the ACT: Full Breakdown Best SAT Prep Books 2016 (Updated for the New SAT) What's Next? Still not enough? You can also check out our complete collection of free SAT prep materialsand our guide to usingold SAT practice tests to study for the redesigned test. You'll also need to make sure you understand what's on each section: Math, Reading, Writing, and the Essay. Finally, learn the best tips and tricks for acing the test. Want to improve your SAT score by 160 points?We have the industry's leading SAT prep program. Built by Harvard grads and SAT full scorers, the program learns your strengths and weaknesses through advanced statistics, then customizes your prep program to you so you get the most effective prep possible. Check out our 5-day free trial today:

An identification of factors affecting performance and reward Dissertation

An identification of factors affecting performance and reward management during the time of recession (2008) at Nationwide Build - Dissertation Example 9-16, 1994). In particular, performance and reward management is one of such aspects of human resource management that focuses primarily on ensuring effective performance and subsequently, efficient reward management of employees. In addition, experts (Office of Personal Management, 2001) have emphasized greatly on the effectiveness of performance and reward management (PRM) in terms of ensuring success of the organization. However, during the last decade, the whole world has confronted adverse impacts of financial crisis and recession and this has resulted in cutting down of various departments by the organizations (Perry, pp. 1-13, 2009). Still, a majority of organizations is utilizing the tool of PRM to ensure its success, and thus, the proposed research will include efforts on the same aspect of business field. Background & Significance In particular, it is a fact that every business firm comes into existence with a specific objective to attain, and that usually is achievement of profit. For this purpose, employers create jobs to carry out specified tasks and recent studies have indicated that since two decades, business organizations are now focusing principally on the notion of accountability that becomes possible with frequent review of individual performance (Hartman et al., pp. 23-25, 1994). In this respect, attainment of success at employees’ level enables the firm to attain success at organizational level that is the basic relationship of PRM with organization as it facilitates firms in ensuring its success. This indicates the significance of PRM and thus, PRM has always remained a crucial aspect of business organizations, one of the reasons of choosing this aspect of business organizations that will be very beneficial for the global business community. Before carrying out research on performance management, it is very imperative that the researcher ensures its clarified understanding as it is an observation that vague understandings often res ult in unproductive outcomes. For this reason, experts (Shepard, pp. 4-14, 2000) have identified that the basic responsibility of performance management is to ensure integration of organizational mission and aims with that of employees on individual level. For this purpose, performance management includes techniques to create, evaluate, and review organizational mission and aims and integrate them on individual levels. In other words, performance management is an effective tool for employers to create a platform for ongoing communication with the employees. However, performance management is not enough to ensure such an enduring relationship, and thus, reward management plays its role by regulating this connection with the tools of different types and kinds of rewards to ensure interest and loyalty of the employees. Research Statement In this regard, the researcher will focus on the following research statement to fulfill the aims and objectives of the research: â€Å"

Irish Migration in the 19th Century Essay Example | Topics and Well Written Essays - 2500 words

Irish Migration in the 19th Century - Essay Example Ireland once belonged to England as one of its oldest colonies. It became officially absorbed as part of United Kingdom after the Act of Union on January 1, 1801 (Moving Here Ireland in the 19th century, par2). English was the official language of the country. Statistics showed that the percentage of people speaking in Irish decreased to less than 15% by 1891. In terms of economy, Ireland was largely agricultural. People largely depended on potato crop as their main source of livelihood. "By 1840, it has been estimated that 3 million people depended upon the potato, sometimes supplemented by buttermilk, with an adult male consuming up to 6.3 kg (14lbs) a day." (Moving Here Agriculture, par.4). Poverty is evident in their social class- the laborers who depended on the success of their crop harvest and the unemployed who live in wretched cabins and miserable huts. The living conditions of Irish in the 19th century can be depicted in the common notion of what an Irish notion is. It was stated in an article in the website of Moving here Gallery that the miserable hut of an Irish man consists of "an unpaved clay floor below, a roof of straw and weeds, dank, and soak, and rotting overhead, miserable bed in the corner, an iron pot over a peat fire, a black and filthy sink before the door." (Moving Here Living Conditions, par.3). To say that Irish people only have a meager amount of income is an understatement. The uncertainty of their lives was similar to the uncertainty of nature where most of them depended. The potato crop failure known as the Great Famine which hit Ireland from 1845-1850 left many people starving to death. This compelled Irish to leave their country and look for their fate and luck to other countries, mostly in the United States and Canada. "It is estimated that almost one million people died, and almost the same emigrated." (Moving Here, par.3). Ireland's population dramatically decreased by 2 million which was from 8 million to 6.5 million from 1841 to 1851. "Early 19th century emigrants tended to come from the more prosperous northern and eastern countries, including Wexford and Dublin." (Moving Here Other Parts of Ireland, par1). Hence, immigration can be characterized as the people's mechanism to survive although later discussions would show that the early Irish immigrants or the early settlers experienced poverty, oppression, social injustice, and inequality. To illustrate this, an article entitled Irish Immigrants in America during the 19th Century found in the website of Kinsella indicated that "even as the boat was docking, these immigrants to America learned that life in America was going to be a battle for survival. Hundreds of runners, usually large greedy men, swarmed aboard the ship grabbing immigrants and their bags trying to force them to their favorite tenement house and then exact an outrageous fee for their services. As the poor immigrant had no means of moving on, they settled in the port of arrival. Almshouses were filled with these Irish immigrants. They begged on every street" (par.2). Early settlers in both countries experienced most of the struggles and hardships in establishing their lives in another country but their efforts paid off as their descendants became better educated and skilled. Irish migrated to prosperous countries such as the United States