Xacc/280 Week 3 Scenario Analysis

The amount of money that I spent on discretionary expenses was eye opening. I did not really realize the amount of money that was being spent on food and drinks every day that could be saved by bringing a lunch or just buying the drinks in bulk and bringing them from home. While I was looking on the spreadsheet before totaling the amounts I was not expecting the costs to add up so fast. By completing this assignment, it has caused me to realize the amount of money I could be saving in my bank account or saving for purchases that will make a difference in my life.

According to my calculations, I have a BMI of 27.6 which puts me in the category of being overweight. A person my age and height should have and ideal weight ranging from 160lbs to 175lbs. Many risk factors that are associated with being overweight includes, coronary heart disease, hypertension, stroke, type 2 diabetes, metabolic syndrome, cancer, osteoarthritis, and sleep apnea. I consider myself a healthy overweight person because BMI cannot dictated everyone healthy state such as body builders; I perform similar workouts to body builders so I am at my BMI goal.

Could you please provide me the BCBS Health Options payments checks information that I request. I really need to work on this project since I have a lot patients that we have pending for post payments on EZCLAIM and I need to see which patients has been paid and which patient don't. Also patients denials needs to be work too if not will be denied untimely filling if I don't work this denials on time.I understand that you are in the middle of the new billing software training system but I think we need to get this done too ASAP.

I would say the top domains of my life right now would include family, faith, friends, and independence. This corresponds very similar to the age group from twenty-five years to thirty-four years. I include faith as one of my values instead of work. I personally believe that work could be included in the same category as independence, because in some way they both relate to maturity throughout a persons life. One thing that I was extremely shocked with about Baltes and his colleague’s domains is that none of them included faith. I believe this is a very important aspect and should be included in every age category. In the oldest category, eighty-five to one hundred and five, there was a category called thinking about life. I believe

Although cash might only have a small dollar amount on the balance sheet, there are many reasons that an auditor might spend a lot of time auditing the cash account:

In this scenario, I envisioned Jenny as a single college student, living alone in an apartment within walking distant from her campus and part-time job. Her car was a high school graduation gift from her parents; therefore, she does not have a car payment expense. She is still covered under her parents’ dental and health insurance plans while attending college so she does not have to allocate money for those expenses either. Garbage and recycling services at her apartment complex are included in her monthly rent. Having access to the internet is vital for her college courses so Jenny could bundle her cable, internet, and landline services for a discount.

For this assignment I was asked to make two sample sequence with images from Week 4 Assignment 2. I like sequence two the best, because it displays more of what's going on during the concert, for example, face painter with a client and a juggler in action. Sequence one is more of an introduction, that's why the opening image is an overall view of the crowd, the second image is of the band sound check, the third is the announcer, and then the band opening and so on.. I chose the closing images, because it is a final image that sums up the evening. I want the audience to interpret from the sequences that they got to experience the event themselves, from start to end.

My total Income was determined to be around $1123.42 per month. This income was determined after adding both my monthly job of $756 and my my financial aid of $272.80 a month. I plan to get a part time job that pays at least 10 dollars a month which is the federal minimum wage. In total I'm suppose to be making around 800 a month, but after taking away 20% in taxes I came out with $756 dollars that I would be able to spend on whatever I need to spend on. FAFSA Estimate was to be around $3,265.00 that equals to $1123.42 a

Let us start off by calculating the interest earned over the four years of the mortgage:

The Learning Outcomes in this course also help you to achieve some of the overall

(8) The financial status of the taxpayer: If the taxpayer does not have another form of stable income, then the activity may be engaged in for profit and considered a business. Cheever does have another income (annual disbursements from a trust fund). These disbursements are more than enough to sustain her. In this sense, the activity does not have to be engaged in for profit and may qualify as a

Pertain to the act of deception that depicts an intention to increase an opportunity in one’s favor in an unlawful manner that pertains to organizational interest and goals (Tran, 2010).

One such case involves healthcare provider HealthSouth Corporation. HealthSouth and its former CEO Richard Scrushy orchestrated a scheme to overstate their earnings in order to meet the earnings estimates of financial analysts. Between 1999 and 2002 the company overstated income by $1.4 billion. This was done by making false journal entries that overstated the amount of third party insurance reimbursement, and by decreasing expenses. HealthSouth was able to avoid detection by its auditors Ernst & Young LLP by using the auditor's own process against it. Executives increased earnings not by booking revenues directly which auditors would have almost certainly have found, but by reducing a revenue-allowance account which was netted against revenues. These amounts were based on estimates, had very little paper trail, and was difficult to verify. HealthSouth executives also knew that Ernst &Young did not question fixed assets additions below a certain dollar amount, so random entries were made to its balance sheet for fictitious assets worth less than that threshold amount. Senior accounting personnel also created false documents to support these false purchases. This allowed the company to overstate fixed assets by $800 million (Frieswick, 2003).

According to Hyde (2010) tax evasion cost the UK treasury over £15 billion annually. This is approximately 3% of the total tax liabilities that individuals and organisations are meant to pay to the Her Majesty Revenue and Customs (HMRC). While an estimate of £25 billion is lost through tax avoidance annually (Murphy, nd). These are huge sums of money that could go a long way to help the government reduce the national deficit or could have been used for national development projects but have eluded the government. This report seeks to compare and contrast tax avoidance and evasion. Secondly, critically evaluate the effectiveness of HMRC’s approach to the “tax avoidance

Tax avoidance is a legal act of reduction in tax to be paid to HRMC; this can be done through schemes, planning or the use of any legal provisions. It can be provided through big accountancy and law firms, through identifying loopholes in CT regulations. Small corporations are at a disadvantage as it’s more difficult for them to avoid CT, as they are limited to the size or the company. If a company takes on transactions their main purpose is to benefit themselves and hence reduce the quantity of tax liability due to the government (kerchingmagazine, 2014). However, companies or individuals are entitled to disclose the use and reason for avoiding tax when they submit their tax returns, at the end of the tax year (HMRC, 2014). Recently the