Differences in Accounting and Finance Case Study

Differences in Accounting and Finance - Case Study Example Industrial analysis always looks forward to analyzing the things in a perfect and well-organized manner. Budgeting is the most important thing from the viewpoint of an organization and the main perspective of this assignment also relates to the same (Joseph V. Carcillo). Basically, this is a case study analytical assignment, in which there are different questions that need to be answered accordingly. From the above-mentioned table, it is clear that that the total expense required by the company is $ 726,900, hence the budget should be higher than that of the same. It is required to allocate at least $ 1 million budget in order to finance all the things accordingly. Let compute the proportion of each attribute and then apply the same on the new budgetary line in order to get a certain amount of figures. The variances in the activities have been found from the difference of each activity while the difference or variance in the total has been found from the net total figure amounting to $ 273,100. The new flexible budget is very much in the favor of the company as a whole, as most of the things have low difference among the things. The newly allocated budget is well enough to analyze the same in total. Let’s now move towards the third question Cost efficiency is an important factor from the viewpoint of an organization and every organization has to control its cost both direct and indirect cost in order to become economically viable and efficient. In the scenario of the selected organization, it is found that the company is able to control some parts of its cost but not cent percent. The compensation of Directors have a high proportion of 47% of the total budget which is quite high and it should be decreased accordingly because the allocation of funds would disturb heavily merely because of this particular provision. If I will be in the team of the board of directors, then I would not prefer this much of cost.

Etymology Essay Example | Topics and Well Written Essays - 750 words

Etymology - Essay Example The word telephone dates back to the 18th century when it was developed. The word telephone is the combination of different traditional languages. It is derived from the old language of Greek. The word telephone is made by combining two different words. These two words are tele and phone. The word tele in Greek means 'far away' and the word phone means 'voice or sound'. Both these words combine to give the word telephone which was designed to transmit the voice of individuals to far away places. The roots of the word 'telephone' are yet not specifically known. Even though it is assumed that French was the language which gave birth to the word of 'telephone'. Firstly the word 'telephone' was used for a gadget which produced sound waves. The gadget produced different frequencies of sound waves. This device was made by Sudre in 1828. The word telephone was initially used for this gadget but later on was used on for another device. This device was used in different ships to signal the ot her ships of their location. This instrument is also known as a signaling device in English. Telephone was the word given to this device as again the signals being transmitted by the ships were a way of communication between the ships. Similarly after a certain span of years a communication gadget was predicted by P. Reis in 1861. This communication tool was predicted to have the name of 'telephone' by P. Reis. In 1877 Graham Bell made his famous invention of a gadget through which people could transmit their voices. This gadget was later on named 'telephone' by Graham Bell himself in 1876. This word got its level of a verb in 1878. The verb 'telephone' means 'to speak to someone by the use of telephone'. The word telephone can be defined as a gadget which is used to have telephonic conversations. It can be further divided into a verb a noun and an adjective. The verb of the word 'telephone' means to telephone a friend i.e. a particular action of calling a friend. When we analyze a word from etymological concept we need to know search out the origin of the word. As we use the word "Book", from an etymological point of view, book was used as "* bc" -"in Old English. bc" is adopted from Germanic word "*bk-", which means "beech tree." In the same way, the old English form of book, i.e. bc has Germanic origin, *bk-, "written document, book." 'Book' and 'beech' are twigs of the same tree. Both words have Germanic origin, which is *bk-, which means 'beech tree' from an Indo-European perspective. The meaning of book hence can be said as beech tree and it is because of the fact that people of Germany, in early ages, used to write on the stripes of beech tree. The same origins of 'book' are found in Latin. 'Liber' is the word for 'book' in Latin. 'Liber' meant 'bark', that is the smooth inner bark of a tree. Early Romans used to write and state on the bark of a tree and hence Liber was used to identify the thing we call "Book" in English these days. Book refers to a number of papers printed, written, and blank or with images combined together usually fastened or hinged at one side. Every paper of the book is known as a leaf and every side of the leaf is called a page. Books are meant to convey some idea or information. There are many kinds of books including, story books, novels, magazines, journals etc. Books are available at the bookshops and libraries. People can purchase books