Attendance Requirement in College Essay Example for Free

Attendance Requirement in College Essay Attending college is supposed to signify freedom to make choices regarding education. However, many students who plans to continue their education realize that college does not give this freedom. In some countries, college students are expected to attend classes that they have register. However, should attendance be mandatory in college? Even though some believe that college attendance should be flexible, I believe that college attendance should be mandatory. The first reason why college attendance should be mandatory is the lack of understanding. For example, Students who attend regularly classes have better opportunity to understand the courses what are done in class, while students who do not attend classes will not understand. Also, because students who attend regularly the classes understand the courses, they have a better chance to have good grades during test. On the contrary, students who do not attend classes, and do not understand the courses; they get bad grades during test. Indeed, college attendance should be mandatory to help all the students understand the courses. Another reason why college attendance should be mandatory is it build relationships. College attendance build relation between students and students. In college, there is many ways to meet friends that you can count on in the future such as joining a club, or in class. Students who do not attend college classes will not have these opportunities. College also build relation between students and teachers. Students who attend classes have the opportunity to know their teachers. Teachers have the same opportunity to know their students, and that relation between them will help the teachers to know the students’ lacks and find ways to help them. On the other hand, students who do not attend school will be stuck with his lacks. Opponents believe that mandatory attendance policies does not go under life lesson categories. If students do not show up at the classes, they register that will not affect them in the real world. However, I believe it does go under life lesson categories. If students get into the habit of not showing at classes, they register that will affect them in the real world. For example, if you do not show at work, you will be fired. College attendance should be mandatory to avoid that habit. In conclusion, College attendance should be mandatory to help students understand their course, to build relationship between students/ students and students/ teacher and to avoid bad habit. Nowadays, many students are skipping classes. In my opinion, college attendance should be mandatory.

Heaneys Mid-Term Break, Clarkes Baby Sitting and Jonsons On My First

Heaney's Mid-Term Break, Clarke's Baby Sitting and Jonson's On My First Sonne all deal with unhappy reflections about human loss, isolation distress and the harsh reality of life. The poems concerned in this essay mirror notions of human importance and bonds. Heaney's 'Mid-Term Break', Clarke's 'Baby Sitting' and Jonson's 'On My First Sonne' all deal with unhappy reflections about human loss, isolation distress and the harsh reality of life. All of these poems are written in first person narrative voice, with honest blunt diction, allowing us to understand their pain by the relation some people have with the issues raised in each of the poems. The main themes of the poems are Parental roles, childhood and relationships. The triplet of poems all deal with unhappy reflections about human loss, isolation and distress and are written in the first person narrative which allows us to make their pain seem very real by a creation of Pathos. Thematically, Heaney and Jonson explore the abrupt and painful loss of a family member. Heaney is forced to grow up and endure th...

History of Special Education

Special education only began when parent-organized groups started advocating for disabled children’s rights. Prior to this, disabled children were considered crippled, dump, mentally defective or feeble-minded, (J. E. Wallace Wallin, 1924). They were therefore excluded from education in public institutions. By 1975, more than half of disabled children were denied an opportunity to education. (William N. Myhill, 2004) However, during the 1950s and 1960s several parent-organized groups of advocacy emerged. Such groups included the American Association on Mental Deficiency, Muscular Dystrophy Association, and Mental Retardation Panel by John F.Kennedy among others. These groups’ advocacy necessitated establishment of schools for children with disabilities, both at the local and state levels. The advocacy also led to state’s concern for special education. Several legislations that aimed at development and implementation of programs for the needs of children with disa bilities and their families were also passed. In 1958, 1959 and 1961 three laws; PL 85-926, PL 86-158 and the Teachers of the Deaf Act, respectively were passed. These laws helped in the training of teachers who to work with the mentally disabled and the deaf.In 1965 the state also approved the Elementary and Secondary Education Act and the State Schools Act. With these acts in place, states got access to grant funds for the education of children with disabilities (James J. Cremins, 1983). The United States Congress also approved the Education for All Handicapped Children Act (EHA) in 1975. This law was to protect the rights of children with disabilities and their families. The law later became the legislative foundation through which special education received federal funding (James J. Cremins, 1983).In 1997 and 2004 the EHA was re-authored and renamed the Individuals with Disabilities Education Act (IDEA), changing the procedures for disability identification and demanding for hig h standards of qualification for teachers of special education. IDEA advocated for a Free and Appropriate Education (FAPE) to every student. Court cases have also been vital in shaping of special education. For instance, the Pennsylvania Association for Retarded Children (PARC) challenged the Commonwealth of Pennsylvania in 1971 for the exclusion of mentally handicapped from public schools.The courts ruled out this discrimination. This case extended into 1972, with a ruling that children with disabilities be given education irrespective of its cost following a case filled by Mills against the District of Columbia (William N. Myhill, 2004) In 1998, Honig filed a case against Doe when two students were suspended for disruptive conduct resulting from their disabilities. The court ruled that students could not be punished for a disability-related misbehavior. As well, three different cases; Diana v State Board of Education (1970), Hobson v Hansen (1967-1968) and the Larry P. Riles case filled in 1979, sort a ruling on disability tests. The court ruled out the use of IQ, culturally biased and language-biased tests whose use to place a student in special education class was common. Special education has undergone remarkable transition; from the time when disabled children were simply ignored to today when a good number of programs for these children have been developed (James J. Cremins, 1983). There are now numerous professionals who evaluate children with disabilities and place them into the best conditions for their learning.References James J. Cremins, (1983). Legal and Political Issues in Special Education4–5 J. E. Wallace Wallin, (1924). The Education of Handicapped Children Losen, Daniel J. & Orfield, Gary (2002), Introduction to Racial Inequality in Special Education. The Civil Rights Project at Harvard University: Harvard Education Press. William N. Myhill, (2004). No FAPE for Children with Disabilities in the Milwaukee Parental Choice Program: Time to Redefine a Free Appropriate Public Education, 89 Iowa L. Rev. 1051, 1055

The International Code Of Medical Ethics - 1414 Words

I think those who have a terminal illness and are in great pain should have the right to choose to end their lives, and those who help them should be free from prosecution, British cosmologist Stephen Hawking told the BBC. Live and Death is directly or indirectly controlled by universal energy to whom we call God. A person who is suffering from the severe brain damage, his/her body system is partially working but brain is almost dead has universal right to live till his/her last breath but, as human being we can see him/her suffering. Our brain has total control over the Central Neurone System, every sense and movement has been controlled by directly or indirectly by brain. The International Code of Medical Ethics, last revised in 2006,†¦show more content†¦If we think that once patient get consciousness and he/she would be alright as he/she was then it is just false hope. He/she might have body but body without soul, because he could have lost almost his/her vision, body movements, senses and he/she might have paralysis. He/she can’t even move single inch without help. He/she can’t even feel sleep so such person need assistance 24/7 hours. It is really hard or selfless decision for family to tell Doctors â€Å"Patient wouldn’t want to live†. It doesn’t show that they don’t have mercy or they don’t love patients but it shows that they can’t see suffering their beloved one. They care for him/her so they want him/her free from the pain or suffering. Those who are opposing them to kill the patient have same sympathy for patient but they should think beyond their emotions and feelings. They s hould think over the current and future situation (If patient gets consciousness) of the patient calmly and then tell their opinion. We should be fighting for the right to decent end of life care, said Herbert Hendin, a psychiatrist who has done extensive research on this issue. If you ask people if they want the right to die of course people want the right to die, but it s a spurious right. More important is the right to have the care that is necessary. It is totally illegal and against the law of nature of ‘life and death’. Now we can see the medical science has become more advanced technically and scientifically

Relationships in Romeo and Juliet Essay - 1149 Words

In this essay, I will be examining Shakespeare’s treatment of relationships in Romeo and Juliet. As a poet and playwright, he wrote 154 sonnets, 2 long narrative poems and 38 plays, one of his most famous plays being Romeo and Juliet. There are many different types of relationships between characters, and these are essential to the play. The prologue tells us that the play is about two star-crossed lovers from two feuding families, the Montagues and Capulets. There is hatred between these two families, this explains this, ‘Thou villain Capulet’. This quote suggests because of the hate between their families, the lovers are doomed from the start. Romeo’s relationship with Rosaline shows he is deeply infatuated and passionate. In act 1,†¦show more content†¦He uses rhyming couplets, ‘as a rich jewel in an Ethiop’s ear, Beauty too rich for use, for earth too dear’. This suggests his love for her is so powerful, it changes the way he speaks. Romeo also uses religious imagery to describe Juliet, such as ‘This holy shrine, the gentle sin is this.’ He compares her to a shrine which shows how their love is pure and how he worships her. This shows he has confused his love with religion. In act 1, scene 4 Romeo says, ‘I fear, too early, my mind misgives some consequences yet hanging in the stars.’ This suggests that he feels something is going to go wrong, which shows that their relationship is doomed from the start. In Elizabethan times people were superstitious and thought that their lives were mapped out in the stars. If you tried to change your destiny it was considere d a sin. They also believed that their lives were planned by the wheel of fortune. Philosopher, Boethius proposed a theory of that people can rise in power of luck, but; it has to come down. In act 3, scene 5 Juliet refers to this. ‘O fortune, fortune! All men call thee fickle.’ Juliet and Lord Capulet at first have a caring relationship but soon after Tybalt’s death this changes. It was planned that she would marry Paris when she was fifteen but after her cousin’s death, the marriage is brought forward. In Shakespearean times, it is not unusual for girls to have marriages arranged by their parents and also toShow MoreRelatedRelationships in Romeo and Juliet Essay1107 Words   |  5 PagesThe relationship shown in Act 3 Scene 5 between Juliet and Lady Capulet is portrayed as poor. Lady Capulet is shown as a very distant mother, though this is to be expected when there is a Nurse taking care of the child from the early stages of the child’s life. In Act 3 Scene 5 Lady Capulet is very fickle in making her decision to stand up for Juliet when she decides to go against her father’s orders and not marry Paris. This lack of the ability to stand up for her own daughter just emphasises theRead MoreRomeo And Juliet Relationship Essay766 Words   |  4 PagesHow does Shakespeare present Juliet’s changing relationships with her parents and nurse? Do you sympathise with her? Juliet is a privileged only child who comes from a wealthy family in the 16th century, in the city of Verona in Italy. Juliet’s family, the Capulets have an ongoing feud with the Montagues. Shakespeare presents similarities between both houses, ‘two households both alike in dignity’ this shows the audience that both families are similar and by using the word dignity shows they haveRead MoreRomeo Juliet - Parental Relationships1889 Words   |  8 PagesShakespeare: Romeo amp; Juliet Parental Relationships – Sample Essay 1 Explore the way Shakespeare presents Juliet’s changing relationship with her parents to the audience during the course of the play. Juliet’s relationship with her parents changes during the course of the play, she is shy, obedient and behaves in a way that is typical of a wealthy daughter of the time. By the end of the play she is disobedient and becomes very independent. The storyline of the play is about A young boy andRead MoreParental Relationships In Romeo And Juliet1951 Words   |  8 Pages Romeo and Juliet is one of the most well known plays produced by William Shakespeare. I think that by producing this play William Shakespeare wanted to show how life was for women in a patriarchal society (society ruled by men). In those times women began life as a property of their fathers and as they got married they were property of their husbands. The average age of marriage for women of nobility was 14 years old. Marriage was usually organised by the parents of both families and were arrangedRead MoreParental Relationships In Romeo And Juliet1329 Words   |  6 PagesSince reading has been around, it has been used to educate. Romeo and Juliet has been around for what seems as long as literature itself, and is still used to teach today.Written in the 1590’s, the tragic story of Romeo and Juliet is about the untimely death of two star crossed lovers, despite their feuding families. Throughout reading, it becomes clear that the attitudes of the Montagues and Capulets, Friar Lawrence and the Nurse fulfilling parental roles, and Juliet’s forced marriage caused theRead MoreThe Relationship of Juliet and Her Parents in William Shakespeares Romeo and Juliet2088 Words   |  9 PagesThe Relationship of Juliet and Her Parents in William Shakespeares Romeo and Juliet Four hundred years ago, William Shakespeare wrote the tragedy of Romeo and Juliet, a popular play that continues to capture the imagination and emotions of people around the world. The drama portrays the passionate, violent and desperate lives of two lovers living in Verona, Italy. Romeo and Juliet are two star-crossed lovers showing determination to be together despite their feuding Read MoreWhat Is The Relationship Between Romeo And Juliet And Rebecca1395 Words   |  6 Pagespresented in Romeo and Juliet and Rebecca through the ways characters and the relationships between characters change throughout the two texts. In Rebecca, the relationship between the narrator and Maxim changes from one which is quite cold and distant to one which is loving and honest. For the majority of the novel, the narrator and Maxim are unable to truly connect and have an intimate relationship and there is a clear imbalance of power between the pair. Early on in their relationship we can clearlyRead MoreComparing Relationships in Romeo and Juliet and Great Expectations892 Words   |  4 PagesThe familial relationship between Juliet and her father, Lord Capulet, is quite ambivalent. It is very much affected by prominent views of the public such as patriarchy. In the medieval world of Verona in Elizabethan England, fathers were entirely in charge the household as they were viewed as dominate and more powerful. In the beginning, Lord Capulet is illustrated to be concerned that marriage to the â€Å"Gallant† and â€Å"noble† County Paris is too sudden for his daughter. My child is yet a strangerRead MoreThe Role of the Nurse in Her Relationship with Juliet in William Shakespeares Romeo and Juliet782 Words   |  4 PagesNurse in Her Relationship with Juliet in William Shakespeares Romeo and Juliet Romeo and Juliet is a play written by Shakespeare. It is about two feuding families, the Capulets and the Montagues, whose children fall in love. The play ends in tragedy when both Romeo and Juliet die. At the time this play was written and set society was very different. For instance, people didnt live as long therefore got married earlier that is why is was acceptable for Juliet to marry atRead MoreThe Relationship Between Lord Capulet and Juliet in William Shakespeares Romeo and Juliet1928 Words   |  8 PagesThe Relationship Between Lord Capulet and Juliet in William Shakespeares Romeo and Juliet Capulet first appears to be an aggressive man. It can be seen in act 1, scene 1, when there is a brawl on the streets of Verona, that Capulet hastily tries to join the fighting. Give me my long sword, ho. Capulet appears to agree with the conflict, and stays loyal to his family name. Capulet seems to be commanding and powerful. He shall be enduredà ¢Ã¢â€š ¬Ã‚ ¦ Am I the master here or you

Symbolism In Tim OBriens The Things They Carried

In W.H. Auden’s Funeral Blues (pg. 762), the poem takes place shortly after the speaker’s beloved has passed away and shows how the speaker is forever affected by the beloved’s death and that he feels that he will never recover. The speaker talks about how he feels that love doesn’t last forever and how he wants the whole world to experience the grief and sorrow he is feeling. In Tim O’Brien’s short story â€Å"The Things They Carried† (pg. 433), the story follows Lieutenant Jimmy Cross and his command during the Vietnam War. Lieutenant Cross constantly spends most of his time fantasizing about a girl named Martha, who he has an unrequited crush on. However after witnessing the death of one of his soldiers, while he was†¦show more content†¦According to Susan Farrell‘s article, â€Å"Just Listen: Witnessing Trauma in Tim OBriens The Things They Carried†, Farrell states â€Å"While storytelling in The Things They Carry is often associated with healing, I argue that the novel cautions as well against the temptation to find a too-easy resolution to war trauma. For O’Brien and for his readers, telling and listening both involve hard, recursive work that can never be fully completed; the unsaid always lies uneasily beside what can be spoken.† (pg. 4) This quote helps to show the trauma associated with war as well as helping to show the readers that O’Brien is able to convey the message of trauma that allows the readers to be able to associate with the pain and unnecessary guilt that Lt. Cross feels due to Lavender’s death. In Funeral Blues, the speaker loses his idealism that eternal love truly exists after his beloved dies. Throughout the poem, the speaker describes the hurt and sorrow that he is feeling as well as expressing his desire to make the world share his pain. This quote, â€Å"I thought that love would last forever: I was wrong.† (Line 12), helps to reinforce the speaker’s feelings that eternal love doesn’t exist. This quote also helps to show how the speaker’s grief over his beloved’s death has helped to reinforce his thoughts about eternal love not being real. According to Jeannine Johnson’s article,

Financial Intelligence For HR Professionals â€Myassignmenthelp.Com

Question: Discuss About The Financial Intelligence For HR Professionals? Answer: Introducation All the cost that is involved in the production process is known as manufacturing overhead. The manufacturing overhead is a wide term which comprises of various other factory cost also. However, the cost incurred with respect to direct material and direct labour is excluded from the manufacturing overhead. As there is no direct cost and it is a kind of overhead it is also known as indirect cost. Apart from the manufacturing cost there are also certain cost in relation to selling and distribution and various other general and administrative expenses that are not added to the product cost. These cost are shown in the income statement of the company as and when they are incurred. Such cost may include inspection cost, maintenance and repair of any asset, depreciation of an equipment, etc. Based on the general accounting principle, it is necessary to value the inventories and the cost of goods sold on the basis of direct cost and manufacturing overheads(Berman, Knight and Case, n.d.). It is a common practise that the overhead has to be allocated and assigned to all the particular units if the company produces more than a single product. Manufacturing overhead is also distributed in this manner. For example, depreciation of the machine is calculated taking into consideration the value of the machinery, electricity is based on the units consumed and so on (Shim and Siegel, 2008). There are a large number of ways by which the company can assign and allocate overhead. These methods are chosen by the companies depending on the market forces and the nature of operations the company carries out. These can be divided into two broad groups- conventional approach and activity based method (modern). Let us now understand the concept of conventional approach first, in this method the manufacturing overhead was simply allocated on the basis of machine hours or the labour hours or any changes in the degree of the prime cost (Bruner, Eades and Schill, 2017). It is observed that the manufacturing overhead is increased with the decrease in the labour hours or machine hours. When the accountant of the company does not use different cost drivers but uses a single cost driver for all the overheads, then the rate calculated is said it be single blanket rate (Saltelli, Chan and Scott, 2008). In the question, we are asked to calculate the cost per unit using the single blanket rate. The formula for calculating the single overhead rate is budgeted cost divided by the number of hours required for production. On calculating on the basis of labour hours we have found out that the manufacturing rate is 48/product unit. This means that for Fred it costs $96 (48*2) as he took two hours to complete one unit whereas for Martha it costs $144 (48*3) as it took three hours for him to complete one unit. PARTICULARS FRED MARTHA Production units 1000 5000 Direct materials 40 60 Direct labours 30 45 Manufacturing overheads 96 144 Total Cost Per Unit 166 249 Total Manufacturing Costs $8,16,000 Total Hours Required 17000 hours (1000 units of Fred *2 + 5000 units of Martha*3 hours) Manufacturing Overhead Per Hour = Total Manufacturing Costs Total Hours Manufacturing Overhead Per Hour = 816000 17000 In this question, we have been asked to calculate the cost involved in the cost activity based on different cost drivers. The word cost activity is a technical term used in cost accounting which can be explained as different types of activities that are involved in the manufacturing process. The cost activities together form a cost pool. Although these cost are not directly attributable to the product still they form a part of the cost. The other word used cost driver is a factor on which the cost of a activity is dependent (Taylor, 2008). Following is the table that shows the rate of each activity as per the cost driver. For example, the expenses related to machine are $450000 which is divided by the budgeted cost driver of 9000 hours resulting in the rate of absorption $50/ machine hour. In the given table the rate of absorption has been calculated based on their respective cost drivers. ACTIVITY COST($) COST DRIVER Budgeted Level RATE ($) Machine Related Costs 450000 Machine hours 9000 hours 50/hour Setup Inspection 180000 Number of production runs 40 runs 4500/run Engineering 90000 Engineering change orders 100 change orders 900/order Plant Related Costs 96000 Square footage of space 1920 sq. ft. 50/sq.ft TOTAL 816000 There is basically two approaches- conventional approach and activity based costing. The activity based costing is a practical as well as a logical approach in which the overhead is allocated in a more logical manner i.e. on the basis of the actual usage (Clarke and Clarke, 1990). This approach is adopted by the business having large scale of operations in which the there are a huge number of machineries and equipments used. Using a single blanket rate, is however very illogical as it does no determine the true overhead that should be allocated rather overhead is allocated on the basis of a one particular overhead rate. Therefore, the overhead allocated according to the single blanket rate is usually wrong. There is a direct relationship between the products and the activities undertaken and so the overhead calculated based on this approach is said to be appropriate. Hence, we can conclude that activity based costing is less arbitrary when compared to the conventional approach. As ex plained above, the activity based costing is used in the large businesses because there is a requirement of calculating true cost and also the proper classification of the cost has to be known (Fairhurst, 2015). The product cost per unit using the modern approach (ABC costing) and the overhead cost which is required by the question is calculated and presented below: The price per unit of Fred was $199.20 whereas the price per unit of Martha was $298.8 when the firm was pricing its product @ 120% of the total manufacturing cost i.e. when it was selling its products at a margin of 20%. Earlier, the cost was calculated based on the conventional approach but after calculating the cost as per activity based costing, the product cost will be as follows (it will still price it product @120% of the manufacturing cost) (Galbraith, Downey and Kates, 2002)- Price per unit of Fred = 120%*504.30= $605.16 per unit. Price per unit of Martha= 120%*181.34= $217.60 per unit. After this calculation is made , it has been observed that the profit of Fred has increased from $33.20 per unit to $100.86 per unit whereas the profit of Martha has fallen from $49.80 per unit to $36.28 per unit on adopting the ABC approach. According to the conventional approach of costing, the overhead is allocated on the basis of the volume of production. These may be dependent on the volume of the production hours or even the machine hours consumed. Let us consider an example to understand this better, suppose there is a small manufacture whose volume of production is a little low but there is a huge expenditure of engineering cost, inspection cost, setup cost etc. If the manufacturer directly allocates the overhead on the basis of production hours then the result derived from it may be not reliable and may mislead them (Galbraith, Downey and Kates, 2002). This approach is usually adopted by the manufacturers whose scale of operations is simple and there are very less number of activities in which it is engaged. In such a situation where there is no complexity, a manufacturer may use the single blanket overhead rate for valuation. In case the manufacture is engaged in a number of complex activities, then it should no t go for conventional approach rather separate cost drivers is developed in order to carry out proper valuation. If the overhead rate is wrongly charged from the customer then there may be arise in price which could harm the business, therefore the decision of the management in regards to selection of the method should be taken very carefully (TULSIAN, 2016). The conventional approach prevents the true and fair presentation of cost of resource consumed by the final product. Conventional approach splits the total cost in two categories i.e. fixed cost as well as variable cost which is not considered realistic in the case when the business grows. This approach is not favourable for the manufacturing sectors as the valuation done by them is based on the degree of completion (Holland and Torregrosa, 2008). The advantages of adopting the activity based costing are as follows: The activity based costing system helps the company to know its position to earn the maximum margin of profit that it can earn. This analysis helps to determine the profits that could be earned on the basis of different product lines, cost of the product and the whole subsidiaries (Khan and Jain, 2014). The activity based costing helps to evaluate and identify all the cost that will be incurred if the firm takes the decision of in-house manufacturing. Therefore, it enables to compare between the manufacturing and outsourcing and helps to take a decision that would prove to be reasonable. The segregation of the overhead at the plant wide level is considered to be better than the cost of production between the different facilities. All the cost incurred in the manufacturing process forms a part of the product cost, some cost that are abnormal in nature also forms a part of the product cost such as customer service cost, handling cost and others (Reilly and Brown, 2012). These cost are then properly identified using the ABC approach and then it is seen whether the customers are paying them sufficient profits. The activity based costing enables a comparability between the cost incurred at industry standards and the cost incurred individually by the firms. This helps the company to have clear knowledge of the cost that is being incurred and the ways to reduce the wasteful cost (Reilly and Brown, 2012). The above advantages provide enough proof to say that the activity based costing is more logical and reliable than the conventional approach. There are also certain limitations of the activity based costing. They are- There are a large number of cost pools used in this approach and therefore there is a huge cost incurred in managing these cost pools. Therefore, we can say that although this system has various advantages, it also expensive at the same time. There Isa difficulty in the installation of the activity based costing system because the system has to be installed across all the product lines and the facilities. The installation requires an involvement of huge time which makes difficult for the company to gain management support as well as budgetary support. Activity based costing requires many relevant information from the various departments of the company. As we know, the company has a large number of departments therefore it becomes difficult to collect the input data. ABC follows the project basis which means that the information is collected only once and the such information is not used by any other operational situation other than the current operational situation. Therefore, the ABC is used once and then it is discarded. It is a normal practise among the employees to report that the time spent on any particular activity is equal to 100% of the time they have worked. But we all know that they do not work 100% because there is a good idle time involved in it as well, for example- lunch time, gossiping with the other employees, administrative meetings, internet surfing and many more. In such a situation , the time for which they have not actually worked also gets involved in the total time spent on an activity. Therefore, we can draw a conclusion that even though ABC system has many advantage it also has certain disadvantages. Now, it totally depends on the scale of operations as well as the nature of business to decide the compliance of various standards and principles. It is however important for every company whether small or large to give a clear picture of the costs and to charge a correct price from the customers as they are considered as the king of the business and no business can survive in the long run without their support. References Berman, K., Knight, J. and Case, J. (n.d.).Financial intelligence for HR professionals. Bruner, R., Eades, K. and Schill, M. (2017).Case studies in finance. Dubuque, IA: McGraw-Hill Education. Clarke, R. and Clarke, R. (1990).Strategic financial management. Homewood, Ill.: R.D. Irwin. Fairhurst, D. (2015).Using Excel for Business Analysis A Guide to Financial Modelling Fundamenta. John Wiley Sons. Galbraith, J., Downey, D. and Kates, A. (2002).Designing dynamic organizations. New York: AMACOM. Hassani, B. (2016).Scenario analysis in risk management. Cham: Springer International Publishing. Holland, J. and Torregrosa, D. (2008).Capital budgeting. [Washington, D.C.]: Congress of the U.S., Congressional Budget Office. Khan, M. and Jain, P. (2014).Financial management. New Delhi: McGraw Hill Education. Palepu, K., Healy, P. and Peek, E. (2016).Business analysis and valuation. Andover, Hampshire, United Kingdom: Cengage Learning EMEA. Phillips, J. (2014).Capm / pmp. New York: McGraw Hill. Reilly, F. and Brown, K. (2012).Investment analysis portfolio management. Mason, OH: South-Western Cengage Learning. Saltelli, A., Chan, K. and Scott, E. (2008).Sensitivity analysis. Chichester: John Wiley Sons, Ltd. Saunders, A. and Cornett, M. (2017).Financial institutions management. New York: McGraw-Hill Education. Shim, J. and Siegel, J. (2008).Financial management. Hauppauge, N.Y.: Barron's Educational Series. Taylor, S. (2008).Modelling financial time series. New Jersey: World Scientific. TULSIAN, B. (2016).TULSIAN'S FINANCIAL MANAGEMENT FOR CA-IPC (GROUP-I). [S.l.]: S CHAND