Budgeting System Essay Example | Topics and Well Written Essays - 2000 words

Budgeting System - Essay Example By Budgetary process, an organization makes short term tactical planning or budgetary planning by preparing detailed , short term(usually 1 year) plans for the functions, activities and departments of the organization thus putting into action of the long term corporate plan. Budgets are created by adding monetary values to plans for departments, functions such as production, inspection, marketing, or financial and resource items such as capital expenditure, cash, materials etc. Annual process of budgeting should be seen as stages in the progressive fulfillment of the long-term plans of the organization. Thus the budgetary process steers the organization towards the long-term objectives defined in the corporate plans. (Lucey p.133) Budgetary process is a long-drawn but an essential one... First a Budgetary committee is entrusted with the task of developing and co-coordinating budgets. Committee members are usually from various functions of the organization. The committee will have bud geting officer who will be the accountant of the company. His duty will be to administer the budget and provide technical assistance and data during budget preparation. The budget planning precedes the budget period and it is a continuous and regular activity in case of budgets prepared on a rolling basis. Having see Having seen the overview of budgetary process, let us make an empirical study of how it is implemented in a chemical manufacturing company. The chemical company's current year's annual turnover will touch $1.5 billion. They cater to the market in different segments namely Food Industries, Pharmaceutical industries, and Exports. In addition to the usual 10% increase every year, each year will witness some more variances peculiar to the period. Again the amount of increase in sales forecast helps work out purchase budgets for different inputs according to categories. Most importantly, the sales figure forecast is the deciding or limiting factor for the budget process in this case assuming that the sales forecast is an achievable one in terms of production capacity. After deciding on the deciding or limiting factor for the budgetary process to start, the expenditure budgets are prepared for funds required to deploy additional labor, increased inputs for manufacture and consumables and a ll other recurring expenditures such as advertising, electricity, traveling and local conveyance, wages and salaries, professional charges, interest charges, and quality control charges and a master budget is prepared pooling all the information collected, known also as Projected Profit and loss and Balance Sheet. Since I happen to be working at the Chief Executive's Secretariat, I am proximate to preparation of the Master Budget. This enables me to have an overall view of the organization and insight into the preparation of the individual budgets from the functional departments. Master Budget also known as summary budget is a summary of all supporting budgets. Another summary budget is the Cash Budget which also comes under our division's purview because of its controlling effect. Cash budget is vital for the organization since it involves liquidity and cash flow management. A typical cash budget which is of rolling nature is prepared for periods such as week, month or quarter. It is a primary tool in

Tornado Essay -- Natural Disasters Weather

A tornado is defined as a violently rotating column extending from a thunderstorm to the ground. The most violent tornadoes are capable of tremendous destruction with wind speeds of two hundred and fifty miles per hour or more. Damage paths can be more than one mile wide and fifty miles long. In an average year, eight hundred tornadoes are reported nationwide, resulting in eighty deaths and over one thousand five hundred injuries. In the body of my essay, I will tell you about types of tornadoes, where tornadoes come from, where and when tornadoes occur, the damage they inflict, variations of tornadoes, and how to detect tornadoes. There are many types of tornadoes. The average tornado is usually split up into categories based on the strength of the tornado. Most tornadoes, about sixty nine percent 69%, are considered weak, which means they usually last between one minute and ten minutes, have winds less than one hundred and ten miles per hour, and the percent of deaths that occur during these is less than five percent. Strong tornadoes, about twenty nine percent 29%, may last about twenty minutes, have winds between one hundred and ten and two hundred and five miles per hour, and the percent of deaths that are found are about thirty percent of all tornado deaths. The last category for tornadoes is violent ones. With these comes winds greater than two hundred and five miles per hour, they can last about an hour, and have seventy percent of all deaths from tornadoes. Another type of tornado is known as a waterspout. This is a weak tornado that forms over warm water. They are most common along the Gulf Coast and southeastern states. In the western United States, they occur with cold late fall or late winter storms, during a time when you least expect it to develop. They occasionally move inland becoming tornadoes that can cause a great deal of damage and many injuries. Most tornadoes evolve from energy. Tornadoes come from the energy released in a thunderstorm. As powerful as they are, tornadoes account for only a tiny fraction of the energy in a thunderstorm. What makes them dangerous is that their energy is concentrated in a small area, perhaps only a hundred yards across. Not all tornadoes are the same, of course, and science does not yet completely understand how part of a thunderstorm's energy sometimes gets focused into something as small as a tornad... ...ms using all the information they can obtain from weather maps, modern weather radar’s, storm spotters, monitoring power line breaks, and so on. These are all important tornado facts and reasons of why this phenomenon occurs. Tornadoes are natural disasters that we can not do anything about, we just have to learn to live with them and be smart about how we approach them. There is no preventing a tornado from occurring so we must merely take all the precautions so we will be safe. Bibliography: Rosenfeld, Jeffrey O.; Eye of the Storm: Inside the World's Deadliest Hurricanes, Tornadoes, and Blizzards; HarperCollins Trade Sales Dept, January 1999 Robinson, Andrew,; Earth Shock: Hurricanes, Volcanoes, Earthquakes, Tornadoes and Other Forces of Nature; Themes & Hudson Ltd., September 1993 Tufty, Barbara; 1001 Questions Answered about Hurricanes, Tornadoes, and Other Natural Air Disasters; Dover Publications, Incorporated, August 1987 Verkaik, Arjen; Under the Whirlwind; Whirlwind Books, March 1998 Miller, Norman; "How A Whirlwind Works"; Geographical Magazine, June 1999 Compton's Encyclopedia Online; www.comptons.com SKYWARN Online; www.skywarn.org

Flowers for Algernon †Qualities That Surpass Intelligence Essay

Flowers for Algernon, is a classic novel written by Daniel Keyes a young mentally challenged man named Charlie Gordon. This book chronicles, from a first person point of view, Charlie’s mental and physical struggles and achievements after undergoing a breakthrough procedure that is hoped to render him intelligent. Throughout the book, much of the focus is on Charlie’s academic progress while his emotional and personal development is not much of a concern. This becomes a problem because Charlie realizes that it is important to demonstrate qualities other than intelligence to lead a life that is oth happy and successful. Qualities shown to be more important than intelligence in Flowers for Algernon are: patience, kindness and respect. Throughout Flowers for Algernon, patience is often shown to be a more important quality in character than intelligence. Starting from the beginning when Charlie was still mentally challenged, people never seemed to be patient with him. If they had taken the time to get to know and understand him they would have seen that he had a good heart and genuine personality. This also applies to our everyday life. We must be patient and try to understand others before we begin to judge them. Charlie also demonstrated the negative consequences of a lack of patience when his intelligence began to surpass that of those around him, â€Å"I was afraid it would come to this, but I have no patience with her now. I’m jealous of every moment away from the work- impatient with anyone†¦Ã¢â‚¬ (Keyes 295). You can clearly see that due to his lack of patience with anyone around him, he is in a state of upset and distress. That is how patience is shown to be more important than ntelligence in this novel. Kindness is another quality shown to surpass intelligence in order of importance in Flowers for Algernon. Simply being kind to others can get you far in life and change others views and opinions of you in a positive way. This is shown when Alice tells Charlie what made him such a great person before he had the operation, â€Å"There was something in you before. I don’t know†¦ a warmth, an openness, a kindness that made everyone like you and like to have you around. † (Keyes 122). Being kind makes both yourself and others feels good. While everyone may not be able to solve an algebraic equation or understand Shakespeare, we can all interpret, accept and appreciate kindness in all its forms. This is why kindness is shown to be a more valuable quality than intelligence in Flowers for Algernon. A third quality shown to be more important than intelligence in Flowers for Algernon is respect. Everyone wants to be valued and respected and when you behave in this way towards others, it is often reciprocated. Everyone should learn to respect each other for who they are and not try to change them. Each person is an individual with their own thoughts and feelings and we can not change them. In the novel, a bakery employee stresses the importance of respect when the other workers make fun of Charlie, â€Å"He can’t help what he is†¦ but for God’s sake, have some respect! He’s a human being! † (Keyes 199). Charlie also often feels that he is not being respected as a human being and that he is just being treated as an experiment. This has a negative impact on him and also demonstrates the importance of respect. Those are the ways that respect is shown to be a ore valuable quality than intelligence in this novel. If one looks between the lines in the novel Flowers for Algernon, they will interpret many messages and take away valuable lessons from it. One of which is that there are qualities that are much more valuable and important than intelligence. The qualities that are shown to be more important than intelligence in Flowers for Algernon are patience, kindness and respect. By possessing and utilizing these qualities a person can lead both a happy and successful life and better the lives of those around them.

Brave New World by Aldous Huxley - 760 Words

Brave New World Essay True freedom is the ability for each person to live as they desire; such a place is described as a utopia. Unfortunately in the dystopian novel, Brave New World by Aldous Huxley, the novel portrays a completely controlled society that has absolutely no freedom. Although you do have the few dissatisfied individuals who set out for a form of change. These individuals represent the optimistic part of the novel, despite conditioning, drugs and biological engineering; the human naturally wants more to life than just following orders. The main character of the novel is one of the few curious members of this society. He believes that there is much more to life than to be just another chess piece in a game where someone â€Å"higher above† controls. ‘â€Å"Don’t you want to be free and men?† Rage was making him [John] fluent; the words came easily, in a rush†¦ â€Å"I’ll teach you; I’ll make you be free whether you like it or not.† And pushing open a window that looked on the inner court of the Hospital, he began to throw the little pill-boxes of soma tablets in handfuls out into the area (Huxley, Ch.15).’ In this passage John experiences passion, which in not only a part of a human emotion, but directly allows the human to experience this emotion with passion and will also allow an individual to fight, have an opinion and interact in a way that was never an option before. An article read, â€Å"†¦throughout history, people have strived to be free (TrueFreedom).† AnotherShow MoreRelatedA Brave New World by Aldous Huxley668 Words   |  3 PagesIn Brave New World, there are similarities that have a deeper meaning that we can understand. There are personal effects in Aldous Huxley life that contribute to what he has written in the book. Aldous Huxley throughout his life have seen, done, and events have happened to him, just like all of us, but he has expressed it in his book. So when Aldous wrote the he had so many ideas. I have read the book; it’s notRead MoreBrave New World by Aldous Huxley811 Words   |  3 Pages Brave New World is based around characters who gave up the right of freedom for happiness; characters who ignored the truth so that they could live in a utopian civilization. The deceiving happiness was a constant reminder throughout the book. Almost every character in Brave New World did whatever they could to avoid facing the truth about their own situations. In this society, happiness is not compatible with the truth because the World State believes that happiness was at the expense of theRead MoreBrave New World By Aldous Huxley1525 Words   |  7 PagesA Brave New Feminist The novel Brave New World written by Aldous Huxley in 1932 is known for its social satire, utopian values, and unusual standpoints on stereotypical gender roles. In this time where futuristic technology has completely taken over, and men and women are given the same opportunities for everything, â€Å"the genders appear equal within the social order; both men and women work at the same jobs, have equal choice in sexual partners, and participate in the same leisure pursuits† (MarchRead MoreA Brave New World by Aldous Huxley664 Words   |  3 Pagesfor the fact being in the future and in the past time has changed and many differences were made. In his Dystopian Society Huxley portrays masses of niches where the government produces clones for specific reasons. Huxley decides throughout Brave New World that cloning humans is unethical. He then becomes in contact with the society’s most powerful Alphas and Betas clones. Huxley suggest in BNW that lower class groups in clo ning humans to act like servants to terrorize them into working hard conditionsRead MoreA Brave New World by Aldous Huxley1189 Words   |  5 Pages In the world of sex, drugs, and baby cloning you are going to be in many situations where you feel like the world we live in should be different. In the story Brave New World, they had sex with multiple partners along with a very bad use of drugs. It is weird that Aldous Huxley wrote this book in 1931 about the world he was living in during that time and how it is similar to the world we live in today. Nowadays, drugs are still being used and people are still engaging in sexual encounters withRead MoreBrave New World By Aldous Huxley968 Words   |  4 PagesAldous Huxley’s utopia in Brave New World foreshadowed and illuminated the complications within modern day society. Upon its release, the narrative became widely banned all over the United States due to the unorthodox thoughts and actions of multiple characters in it. Early readers, as well as modern day audiences, feared and rejected the ideals that Huxley incorporated into his perfect society; however, our society today is heading towards the dark paths the older generations desired to avoid. Read MoreA Brave New World by Aldous Huxley895 Words   |  4 Pagesthe novel Brave New World, Aldous Huxley tells of a society where everyone is the same but, compared to t oday’s society, everything is different. Huxley tells of a world where everything that happens or takes place is because of one’s own desire and nothing more. The hero in the novel, a â€Å"savage† named John, is Huxley’s main focal point. It is through his eyes and mind that the reader sees what’s going on. Now when I read this novel, I began to think, â€Å"Could this perfect, conformed world actuallyRead MoreA Brave New World by Aldous Huxley1684 Words   |  7 Pagesimperfect world and is usually only a hopeful dream. These types of worlds can greatly be described in detail through the world of science fiction. Aldous Huxley was an English writer who lived during a time when war and chaos were engulfing the world. His works reflect his view and thoughts on a dystopia, which is a false utopia, and describes what could occur in possible governments of the world. The ability to understand and dive into the thoughts of the author is what make s world literatureRead MoreA Brave New World by Aldous Huxley614 Words   |  2 Pagesthem truly happy. What if someone were to tell you that what you thought was true happiness was all an illusion. In a Brave New World by Aldous Huxley people in the world state are conditioned and drugged up by soma to not experience true happiness. In a world that is perfect, human beings do not have to depend on drugs to keep our world in balance. In a Brave New World by Aldous Huxley there is always a perfect drug called soma that keeps everyone happy, which they have based their society on. ThisRead MoreA Brave New World by Aldous Huxley948 Words   |  4 PagesWelcome to a world were â€Å"Brave† is not just a word; It has a true meaning. This is a story were everything as you know it, doesn’t seem to be right and will completely change your way of thinking. When this story was written, life was very harsh for many people†¦.Mostly for the author who wrote â€Å"Brave New World† During this time (1930s) they didn’t have much sexual content Living The Future Of The Past In The Present†¦.. In the air; But Aldous made a future full of sex for them and we are the