The Odyssey Summary

'The Odyssey' Summary The Odyssey, Homers epic poem, is comprised of two distinct narratives. One narrative takes place in Ithaca, an island whose ruler, Odysseus, has been absent for twenty years. The other narrative is Odysseus’ own journey back home, which consists both of present-day narrations and recollections of his past adventures in lands inhabited by monsters and natural wonders. Books 1-4: Telemacheia The Odyssey begins with an introduction that presents the theme and the protagonist of the work, Odysseus, emphasizing the wrath of Poseidon towards him. The Gods decide that it’s time for Odysseus, who is being held captive by the nymph Calypso on the island of Ogygia, to come home. The Gods send Athena to Ithaca in disguise to speak with Odysseus son, Telemachus. Ithacas palace is occupied by 108 suitors all seeking to marry Penelope, who is Odysseus wife and Telemachus mother. The suitors constantly taunt and belittle Telemachus. The disguised Athena comforts a distressed Telemachus and tells him to go to Pylos and Sparta to learn of his father’s whereabouts from the kings Nestor and Menelaus. Aided by Athena, Telemachus leaves in secret, without telling his mother. This time, Athena is disguised as Mentor, Odysseus’ old friend. Once Telemachus reaches Pylos, he meets the king Nestor, who explains that he and Odysseus parted ways shortly after the end of the war. Telemachus learns about the disastrous homecoming of Agamemnon, who, upon his return from Troy, was killed by his wife and her lover. In Sparta, Telemachus learns from Menelaus’ wife Helen that Odysseus, disguised as a beggar, managed to get into Troy’s stronghold before it capitulated. Meanwhile in Ithaca, the suitors find out that Telemachus departed and decide to ambush him.   Books 5-8: At the Phaeacians’ Court Zeus sends his winged messenger Hermes to the island of Calypso to convince her to release her captive Odysseus, whom she wanted to make immortal. Calypso consents and provides assistance by helping Odysseus build a raft and telling him the way. Yet, as Odysseus approaches Scheria, the island of the Phaeacians, Poseidon catches a glimpse of him and destroys his raft with a storm. After swimming for three days, Odysseus makes it onto dry land, where he falls asleep under an oleander tree. He is found by Nausicaa (the princess of the Phaeacians), who invites him over to the palace and instructs him to ask her mother, queen Arete, for mercy. Odysseus arrives to the palace alone and behaves as he is told, without revealing his name. He is granted a ship to leave for Ithaca and is invited to join the Phaeacian’s feast as an equal. Odysseus stay culminates with the appearance of the bard Demodocus, who recounts two episodes of the Trojan War, interposed by the retelling of the love affair between Ares and Aphrodite. (Though not made explicit, Demodocus storytelling ostensibly moves Odysseus to recount his own journey, as Odysseus first-person narration begins in Book 9.) Books 9-12: Odysseus’ Wanderings Odysseus explains that his goal is to return home and begins to recount his previous voyages. He tells the following story: After a disastrous first venture in the land of the Cycones (the only population in The Odyssey that is also mentioned in historical sources), Odysseus and his companions found themselves in the land of the Lotus-eaters, who attemped to give them food that would have made them lose the will to get home. Next came the land of the Cyclops, where nature was bountiful and food was plenty. Odysseus and his men became trapped the cave of the cyclops Polyphemus. Odysseus escaped by using his cleverness to trick Polyphemus, then blinding him. With this act, Odysseus inspired Poseidons wrath, as Polyphemus was a son of Poseidon. Next, Odysseus and his fellow seafarers met Aeolus, the ruler of the winds. Aeolus gave Odysseus a goatskin containing all the winds except Zephyr, which would blow them towards Ithaca. Some of Odysseus companions believed the goatskin contained riches, so they opened it, which caused them to drift in the sea yet again. They reached the land of the cannibal-like Laestrygonians, where they lost some of their fleet when the Laestrygonians destroyed it with rocks. Next, they met the witch Circe on the island Aeaea. Circe turned all the men but Odysseus into pigs and took Odysseus as a lover for a year. She also told them to sail west to communicate with the dead, so Odysseus spoke with the prophet Tiresias, who told him not to let his companions eat the Sun’s cattle. Upon his return to Aeaea, Circe warned Odysseus against the sirens, who lure sailors with their deadly songs, and Scylla and Charybdis, a sea monster and a whirlpool. Tiresias’ warning went unheeded due to famine, and the sailors ended up eating the Sun’s cattle. As a consequence, Zeus brewed up a storm that caused all men but Odysseus to die. That’s when Odysseus arrived on the island of Ogygia, where Calypso kept him as a lover for seven years.   Books 13-19: Back to Ithaca After finishing his account, Odysseus receives even more gifts and riches from the Phaeacians. He is then transported back to Ithaca on a Phaeacian ship overnight. This enrages Poseidon, who turns the ship to stone once it’s almost back to Scheria, which in turn makes Alcinous swear that they will never help any other foreigner again. On the shore of Ithaca, Odysseus finds the goddess Athena, who is disguised as a young shepherd. Odysseus pretends to be a merchant from Crete. Soon, though, both Athena and Odysseus drop their disguises, and together they hide the riches given to Odysseus by the Phaeacians while plotting Odysseus’ revenge. Athena turns Odysseus into a beggar and then goes to Sparta to assist Telemachus in his return. Odysseus, in the beggar disguise, pays a visit to Eumaeus, his loyal swineherd who shows kindness and dignity to this apparent stranger. Odysseus tells Eumaeus and the other farmers that he is a former warrior and seafarer from Crete. Meanwhile, aided by Athena, Telemachus reaches Ithaca and pays his own visit to Eumaeus. Athena encourages Odysseus to reveal himself to his son. What follows is a tearful reunion and the plotting of the suitors’ downfall. Telemachus leaves for the palace, and soon Eumaeus and Odysseus-as-a-beggar follow suit. Once they arrive, suitor Antinous and goatherd Melanthius ridicule him. Odysseus-as-a-beggar tells Penelope that he met Odysseus during his previous travels. Tasked with washing the beggar’s feet, housekeeper Eurycleia recognizes him as Odysseus by detecting an old scar from his youth. Eurycleia tries to tell Penelope, but Athena prevents it. Books 18-24: The Slaying of the Suitors The following day, advised by Athena, Penelope announces an archery competition, cunningly promising that she will wed whoever wins. The weapon of choice is Odysseus’ bow, which means that he alone is strong enough to string it and shoot it through the dozen axe-heads. Predictably,  Odysseus wins the competition. Aided by Telemachus, Eumaeus, the cowherd Philoetius, and Athena, Odysseus kills the suitors. He and Telemachus also hang the twelve maids that Eurycleia identifies as having betrayed Penelope by engaging in sexual relations with the suitors. Then, finally, Odysseus reveals himself to Penelope, which she thinks is a ruse until he reveals that he knows that their marital bed is carved out of a live-in olive tree. The following day, he also reveals himself to his elderly father Laertes, who has been living in seclusion due to grief. Odysseus wins Laertes trust by describing an orchard that Laertes had previously given him.   The locals of Ithaca plan to avenge the killing of the suitors and the deaths of all of Odysseus’ sailors, and so follow Odysseus down the road. Once again, Athena comes to his aid, and justice is re-established in Ithaca.

William Henry Harrison essays

William Henry Harrison essays Born to Irish immigrants on March 15, 1767, Andrew Jackson was to become the first "rags to riches" President the country had ever seen. He grew up in South Carolina and fought in the Revolutionary War at only thirteen. His entire immediate family, parents and siblings, died as a cause of the war, whether it was being killed in battle or death from disease. He went on to serve two terms as the seventh President of the U.S., leaving behind a legacy of administrative policy and even his own democratic philosophy. The Second Bank of the United States was founded in Philadelphia in 1816. It was mainly a Republican project and a response to the expiration of the First U.S. Bank's charter. It was created as a safe place for federal funds, and because state banks were seen as insufficient for handling financial needs. Currency differed by state, counterfeit money was everywhere, and state banks often issued notes without any gold or silver, the only trusted currency, to back them up. The bank was not met everywhere on friendly terms. Maryland, in an effort to destroy the Baltimore branch, passed laws to heavily tax it, but the Supreme Court removed those laws, strengthening the central federal power. The Second Bank's charter expired during Jackson's administration in 1836. Most people were distrustful of the bank, as it had enormous power to ruin state banks and was basically unresponsive to the people's needs. It had powerful political influence also, and was completely controlled by one man, the President Nicholas Biddle. The rechartering was scheduled by the bank-influenced Congress to coincide with the 1832 Presidential campaign and election, in which Jackson would be running for a second term. The purpose was to gather up public pressure to have him pass the charter in order to gain reelection. However, Jackson was a bit more principled than that, and vetoed the bill. Congress was unable to override his veto. ...

How Do You Address Your Professional Background in a Job Search

How Do You Address Your Professional Background in a Job Search You might see the phrase â€Å"professional background† popping up now and then in your job search, but what does it mean? The quickest summary is that they’re asking for your  work history. But you shouldn’t stop there–no one really wants a dry list of previous employers. When a hiring manager wants to hear about your  Ã¢â‚¬Å"professional background,† they are looking to learn about your performance and history in your current and past professions.Where Should You Put It?The best place to share this information is perhaps at the top of your resume, in a summary of your qualifications or a career profile- both much more effective than the outmoded â€Å"Objective† section. With each job you apply for, make sure you’ve made a convincing map of your skills and experience as matching the requirements for the job.On a resume, the best way to format your work history and professional accomplishments is probably chronological. But you can also try formatting it in a way that emphasizes jobs you’ve had that are particularly relevant- by type.What Should You Say?Be as honest as possible about what you’ve done and where you’ve worked, but, with that in mind, emphasize your particular skills and expertise as strongly as possible.If you don’t have a white-collar background with fancy managerial positions, that shouldn’t matter. What matters most is your professionalism, how you conducted yourself on the job, and how much you have grown. Showing your record of acting  responsibly and accountably, with excellence and integrity, will do you a world of good.  It’s still a â€Å"professional† background even if you feel your job is not fancy.Go Beyond Just Paid JobsRemember to include training and education- which are more than just academic credentials. Any certifications or skills training or onboarding you’ve acquired in the course of your career are relevant and quite important.Remember, how you look on paper is only the first step. Your resume is a partial summary of your professional background. Use it to get in front of a hiring manager or recruiter, and then expand upon the bullet points while you have the face time.And keep in mind: when an interviewer asks you to tell them about your professional background, remember that they want more than just a chronological list of jobs that they could read straight off your resume. Present yourself professionally, and your background can provide the extra boost you need.

Is there a gender equality in Afghanistan, and have they empower women Research Paper

Is there a gender equality in Afghanistan, and have they empower women and give them the chance to represent the afghan society - Research Paper Example The HDI of Afghanistan as of 2014 is 0.468. The country became independent on 19th August 1919.The population of Afghanistan is 31,108,744 as of 2014. This includes approximately 2.6 million refugees who still live in neighboring areas like Iran and Pakistan. The only city in the country which has a pop0ltuon of more than one million is the capital city of Afghanistan, Kabul. Afghanistan is one of the poorest, least developed and most impoverished nations in the world. Throughput the history of Afghanistan, gender inequality has persisted in almost all segments of the Afghan society. The afghan women have experienced major oppression and violence that have resulted in the women of the country becoming oppressed and dominated beings in the country. The processes of oppression in the Afghan culture are deeply rooted and penetrate into the lives of the women in Afghanistan. As a result of all these practices and factors, the women in Afghanistan have started having very low level of self-consciousness have also internalized their images in the society as propagated by their male counterparts. The challenges that are inherent to the problem of gender inequality in Afghanistan are twofold in nature. On one side, the male counterparts of the society consider that the oppression and violence done against the women counterparts of the society are justified as per the socio cultural norms that have been practiced in the Afghan society in the traditional formats. In contrast, the women of the country have become oppressed by these episodes of violence and discriminations because the attitude and behaviors associated with subordination and suppression and being dominated are deeply entrenched in the cultural and social systems of Afghanistan. Thus, the extensive control of the male entities in the society on the woman and the existence of patriarchal arrangements in the rural and urban areas of the country have led to the men of Afghanistan

US Treasury Yields Essay Example | Topics and Well Written Essays - 1000 words

US Treasury Yields - Essay Example High-interest rates and inflation during Carter regime discouraged investment with US long-term Treasury yield exceeding 15% and short term T-Bills yielding nearly 20%. Reagan regime restored consumer confidence, through the appointment of Paul Volcker the chair of Federal Reserve Board with his tireless effort and determination of defeating a national economic disaster bore fruits. His fruits were putting the nation into an intentional recession where money supply was tightened, which slowed down the pace of economic growth in the economy, reducing the employment. Inflation was completely abated in the year 1982. After inflation Volcker was devoted to rejuvenating the economy, one of the policies was to reduce the interest rates, this increased money in circulation within the economy that encouraged investment reduced the cost of production and cost of living taming demand-pull and cost pull inflations. Reduction in interest rates encouraged investment with long T-Bills yielding 1% and short-term T-bill yielding 4%. Federal Reserve opinion to increase the interest rates will increase the cost of capital in the economy, and a consumer will be compelled to spend extra coins on the food basket. It will also be translated to investment where due to high-interest rates the profit margins of the lenders will be reduced, moneylenders lend with an objective optimizing revenue.

Advantages and Disadvantages of Vegetarians Essay Example for Free

Advantages and Disadvantages of Vegetarians Essay One advantage that cannot be disputed is that vegetarian’s conscience can be at peace in the sense that he does not cause the death of animals grown for meat and fat such as rabbits, poultry or pigs. This idea alone persuades many people, especially women to start embracing vegetarianism as their way of life. Another undisputable advantage of vegetarianism is that long-term vegetarians are rarely overweight thus people can make losing weight easier by becoming vegetarians. Of course, they will still need to compose their diet very carefully since many of the high-calorie (with low nutritional value) foods contain no meat at all. Actually, meat is not high on calories unless it is a fatty meat. Less clear and more arguable is the claim that vegetarianism is healthier and better for one’s longevity. All advocates of vegetarianism play this card and support their claims with many arguments. The basic idea is that our body can get everything it needs from plants or animal by-products such as eggs or milk. Of course, there are extreme groups who refuse to eat animal by-products, but I’ll stick with the less extreme idea. Anyway, this is true, at least as long as you eat fish – some people who consider themselves vegetarians eat fish, some don’t. Anyway, no one can say with absolute certainty (you can believe it, but cannot prove it indisputably) that avoiding all meat is beneficial for human body. However, it is certain that limiting certain types of meat is good for us. And vegetarians benefit from avoiding those kinds of meat (after all they do not eat any meat).

The Servants of Twilight :: Free Essay Writer

The Servants of Twilight I recently read a mystery novel called The Servants of Twilight by Dean R. Koontz. Joey Scavello, a six-year-old boy, is the main focus of the book. His mother, Christine Scavello, owns a gourmet shop in Newport Beach, California. Together, the two live in Costa Mesa, a city near Los Angeles. The Church of Twilight, headed by a supposedly psychic woman named Grace Spivey, is the main force against Joey Scavello. Charlie Harrison is a private detective who helps the Scavello family evade the clutches of the members of The Church of Twilight, who are called The Servants of Twilight. It begins on a sunny afternoon in 1985 in the parking lot of a Costa Mesa mall. Christine Scavello and her son are walking to their car when an old woman appears and begins to shout, "He must die!" toward Joey, and rants the phrase, "Don't you know what he is?" Later, they see the same woman outside a window at their house and then she calls them on the phone several times, again saying that Joey must die. It is then that they decide to hire a private investigator. They go to the office of Charlie Harrison and he immediately gives them two bodyguards and a man to keep watch on their house. A while after they get home, two men come with guns, invade the house, and kill the bodyguards. Joey and Christine manage to escape, but know they must go to another city to be safe. After much research, they find that the people following them are from The Church of Twilight, lead by the old woman who confronted them at the mall, Grace Spivey. Eventually, they travel with Charlie all the way from Los Angeles to the mountains of Sacramento, trying to get rid of the "Twilighters". However, every time they stop in a city to rest, the "Twilighters" show up, again attempting to kill Joey. Grace Spivey uses her psychic powers to locate the boy. She believes that six-year old Joey is the antichrist and the son of the devil. She thinks he will rule the world for a thousand years if she does not kill him. The group ends up at Charlie's cabin in the mountains near Sacramento and they believe they are safe from the ten members of the church following them. However, they are wrong, as Spivey and her followers show up for the final confrontation.

Pizza Hut vs Greenwich Essay

Greenwich Pizza is one true Filipino pizza chain. It is a small entrepreneurship that made an extraordinary leap to the big league. What started out as a small over-the-counter pizza store in the Greenhills Commercial Center in 1971, is now the Philippines biggest pizza chain. We are not just the biggest. We are the Philippines favourite pizza chain. We give you a scrumptious blend of exciting pizza and pasta innovations, all prepared for the comfort of the Filipino taste. More than just delicious food choices, we offer to transform your everyday dining into shared delightful moments with friends. Mission We strengthen relationship through bonding and sharing over our best-tasting and best value pizzas and pastas. Vision Greenwich is the dominant and unquestionable no. 1 pizza and pasta destination. 215902349503179445234950 Greenwich Strengths Weaknesses â€Å"Customer Loyalty† Instead of targeting all customers, They only need to target new customers in order to grow their business. â€Å"Quality of the Products† They sell products for a price as low as possible but it affects the quality of it. â€Å"STRONGER BRAND IMAGE† Greenwich re-invents itself more with a more dynamic â€Å"G† logo to attract more customers. This brand look is also an indication of how attuned the company is with the ever-changing times and evolving customer lifestyles. â€Å"POWERFUL ADVERTISING† Greenwich aggressively harnesses tri-media to communicate all the benefits consumers can enjoy at them. This is augmented by the use of outdoor advertising materials and merchandising collaterals that help heighten public awareness of Greenwich offerings. All these complete effective campaigns and exciting promotions that inevitably translate to high sales performance. 190500 Pizza Hut. Saint Joseph Street, Angeles, Pampanga Fast Food Chain Pizza Hut is the world’s largest pizza restaurant company specializing in Pan Pizzas and Stuffed Crust Pizzas. There are more than 7,500 restaurants in the United States and more than 4,500 restaurants in over 80 countries and territories around the world. The company is the recognized leader in the pizza category. The reason behind Pizza Hut’s success all over the world is its steadfast belief and uncompromising drive in providing customers the best in terms of product quality, service, cleanliness and value. Pizza Hut pizzas are made with fresh dough baked daily and 1 / 2 smothered with our very own Pizza Hut special tomato sauce, tender meat toppings, crunchy vegetables and a double layer of 100% pure imported Mozzarella cheese. Service is an attitude in Pizza Hut. Crew members are trained to make customers feel appreciated. Customers are treated with courtesy, attentiveness, respect, and enthusiasm. Cleanliness is a must in Pizza Hut as much as giving customers the best value for their money. 1905024325821905018990 Pizza hut Strengths Weaknesses POWERED BY TCPDF (WWW. TCPDF. ORG).

Nineteenth Century: the Beginning of Modern Europe

Modern Europe started at the opening of the nineteenth century which brought a lot of changes to Europe. The ambition to colonize territory grew stronger in order to support the increasing needs for raw materials. Capitalism abolished feudalism and many Europeans ventured to make a living in the New World. These unrests was the result of the industrial advancements like the introduction of big steam ships and the opening of two major canals that bridged oceans and made traveling efficient. However, unrest was not just felt in Europe but also in the colonies. The opening of the two major canals opened up the colonies to the ideas of the social contract philosophers and these triggered the colonies to seek independence from the mother country. However, the old view of racial superiority and manifest destiny seemed to decline. The slave trade was abolished. However, in nineteenth century Europe, major imperialist still did not desire to get loose of their colonies and the competition to discover and colonize seemed renew. Many battles were fought between countries specifically Britain, France, Spain, Portugal and Germany regarding disputes between territories. Yet, many European statesmen in the nineteenth century had already expressed unwillingness to support further expansion and agreed to ultimately grant liberty to the colony. Moreover, the nineteenth century was also the start where women asserted their right s to suffrage and many privileges that only men held in the past. Nineteenth century was the stage where meaningful transformations in women occurred. Society started to acknowledge the contributions that women brought to the society. Women started to unraveled themselves and freely spoke their ideas unlike in the sixteenth century where women used to employ male names in order to persuade the society to hear their ideas just like the case of the Bronte sister. Moreover, in the nineteenth century, the church became less and less powerful. Church -derived morality were already unpopular. Morality in the nineteenth century appeared to be no longer derived from religious affiliations but to social groups where a person belongs. Science had also improved a lot. Many discoveries further improved the lives of many European. Standardizations of measures were also instituted. The British had claimed the suppose position of the prime meridian were standard time will be calculated. The start of the nineteenth century was also the start of modern Europe. This is the time where totally deviant ideas were observed to have begun, flourished and grew. This is also the time where Europe started to take on new identities and became open to the view of other races.

Affirmative Action Case Essays

Affirmative Action Case Essays Affirmative Action Case Essay Affirmative Action Case Essay Measures of merit are biased toward cur entry empowered groups. For example, schools that are predominantly black Often Offer fewer AP classes. According to a New York Times article, Californians best high schools offer ma NY APS and honors classes which boost a students GAP with point multipliers. This raises the average applicant GAP at UCLA, for example, to 4. 2. Many of the largely black high such lolls around Los Angels, however, severely lack AP courses, making the highest possible GAP a 4. 0. Meanwhile, families in higher tier jobs can often provide their children with be deter internship and research opportunities via connections be;en colleagues that under presented races do not have. These research and internship opportunities create a distinct ad antigen for college applicants. Moreover, people in positions of power are more likely to hire from certain backgrounds regardless of popular principles, perpetuating this disparity. The white unemployment rate is 4. 9 while the black or African American unemployment rate is 10. (Asian rate is 4. 0) in January 201 5 according to a survey by the Bureau of Labor Statistics. Similarly, Infeasible. Com reports that as of 201 3, black men earn only 75. 1 % of a white mans wage. Affirmative action allows the best to rise by addressing this exclusion and ball inning the advantage. Moving on to my second point Affirmative action has been making progress since its creation in 1960. The Leadership Conference on Civil and Human Rights r eports that since the I sass, students of color have increased their total college enrollment by 57. Percent, and the proportion of women earning bachelors degrees has been steadily increasing Moreover, negative effects have been observed when affirmative action programs were abolished. Statistics show that after California abolished its affirmative action programs n 1998, the minority student admissions at US Berkeley fell 61 percent, and minority Adam sessions at UCLA fell 36 percent. After Texas abolished its affirmative action program in 1996, R ice Universitys freshman class had 46 percent fewer Fragmentariness and 22 percent fewer Hispanic students. Continuing onto my final point : Affirmative action promotes ethnic diversity and more ethnic representation in in jobs and learning opportunities. This ethnic diversity is be inefficacy for society. Greater interaction and communication between ethnic groups reduce sees the possibility for misunderstanding and reduces conflict. It also increases understanding be teen these groups and therefore discourages further discrimination and can serve as a SSL w acting, long term solution to widespread attitudes of racism. Affirmative action promotes diversity in universities and creates a diverse learning environment. A study from the University of Michigan found that diverse groups are better at solving problems. Monoculture ere groups that have come from the exact same background with the same training think alike e, making the group act as essentially one person. Conversely, groups with members of dive rise backgrounds can think from a multitude of different perspectives leading to more innovative problem solving.

Brief to Validate Part1 and Part2 in Uk

UK qualifications and Overseas qualifications ARB does not directly recognise any qualifications from outside the United Kingdom, so I need to pass the Board’s own Prescribed Examination at the relevant level if I wish to progress towards registering as an architect in the UK. Examinations normally run every three months on the first Tuesday, Wednesday and Thursday in January, April, July, and October. Before dates for the examination are set, I must submit: a completed application form with the prescribed material to confirm eligibility (certificates, transcripts information about the curricular content of the course of study completed etc. ) †¢ a completed Comparative Matrix, along with all my supporting material backing up whether it meets the ARB criteria. †¢ the prescribed fee. ?1671 per part, so would be ? 1671 for part 1 in October this year or January 2014 (depending on my confidence level), and ? 671 for part 2 in 2014 or Apr 2014. All being well, I will be notified of the dates of examination within three weeks of the application being received and accepted by the Board. The Examination (same for part1 and part2) The examiners, in the first instance within a period of up to 60 minutes, will make a judgment as to whether or not the Comparative Matrix and supporting material demonstrate that either: (a) all the criteria are met; or (b) half or more of the criteria are met If the Comparative Matrix and supporting material is considered by the examiners to meet the requirements of (a) or (b) above, the examiners will prepare a series of questions to ask the candidate orally at the examination interview. This interview will be for a period of up to 45 minutes. Possibles outcomes If the Registrar is satisfied, taking into account the report of the examiners and any reports or advice from the independent examiner(s), that the candidate has demonstrated the required standard of competence, he or he shall notify the candidate that the relevant examination has been passed or failed. Or if the Registrar is unable to decide on the basis of the material before him or her as to whether or not the candidate has demonstrated that I had met all the criteria, the Registrar may consult with the Prescription Committee and may require that the candidate be re-examined. Re-examination will not normally incur payment of the prescribed fee, but this shall be at the Registr ar’s discretion.

Advance cost accounting Article Example | Topics and Well Written Essays - 500 words

Advance cost accounting - Article Example Hongren, Datar and Foster explain capital budgeting as having six stages that are, in that order, identification, search, information acquisition, selection, financing and implementation and control stages (7). Formal methods employed in capital budgeting that use incremental cash flows of potential projects include techniques such as discounted cash flow, internal rate of return, equivalent annuity, net present value, payback period and profitability index. Essentially, through the discounted cashflow method, the expected outward and inward flow of cash in a project are calculated as if they took place together at one time so they can be averaged appropriately. The net present value and internal rate of return are methods of discounted cash flow, and the internal rate of return is a function of the expected net annual cash flow and present value annuity factor (Hongren, Datar & Foster 19). Compared to internal rate of return, net present value is more advantageous because its end re sult is not expressed as a percentage but, rather, in dollars, and it provides the opportunity to add individual projects. Further, it is applicable in situations in which the required rate of return of a project varies throughout its life. On the other hand, it is not possible to add or average a project’s individual rate of return to derive internal rate of return of several combined projects (Hongren, Datar & Foster 22). Through the identification stage, the need to consider venturing into a new project is identified by the management, and several alternatives will be yielded in the search stage, although the focus will remain on a particular project (Hongren, Datar & Foster 8). Decisions deemed to be of a strategic nature call for the management to consider a wide scope of factors that cannot be easily estimated. While information will be acquired by the administration in