Tuesday, May 19, 2020

Accounting Practical Questions - 681 Words

Part A On 1 July 2011, Kookaburra Ltd acquired an item of plant at a cost of $200 000. The plant has an expected useful life of eight years, and Kookaburra Ltd adopts the straight-line method of deprecation. The tax depreciation rate for this type of plant is 25%. The company tax rate is 30%. Kookaburra Ltd measures plant at fair value. At 30 June 2012, Kookaburra Ltd determines the fair value of the plant to be $186 000. Due to recent developments in plant technology, the remaining useful life of the plant is revised down to three years. At 30 June 2013, the fair value of the plant is determined to be $112 000, with a remaining useful life of two years. Required 1. For the year ending 30 June 2012: a) Prepare the†¦show more content†¦5 + 10 + (5 + 5) = 25 marks 2. For the year ending 30 June 2013: a) Prepare the necessary journal entries to account for the revaluation of plant. Journal Entry 1-Recording Depreciation for the year Depreciation expense – Plant* Dr 62 000 Accumulated Depreciation Cr 62 000 (Depreciation expense for the year ending 30 June 2013) *(Depreciation per annum: 186 000/3= $62 000) b) Determine the carrying amount and tax base of the plant at year end. Prepare the necessary journal entries to account for any deferred tax effect relating to the plant. Journal Entry 2-Recording Gain/Loss on revaluation for the year *Loss – Revaluation Decrement (P/L) Dr 12 000 Machine B Cr 12 000 (Loss on revaluation of machine from $186 000 to $112 000) *Plant Revaluation Previous Revaluation 186 000 Accumulated Depreciation 62 000 Carrying Amount 124 000 Fair Value 112 000 Decrement 12 000 c) In relation to the plant, explain the adjustment required to the deferred tax account. 10 + 10 + 5 = 25 marks Read Question 11.11 Perth Ltd on page 561-562 of Leo (2012). Required a) Prepare the necessary journal entries to account for any impairment loss for Division One. 20 marks StepShow MoreRelatedCommunication And Interviewing Skills Are Important For Entry Level Accountants1228 Words   |  5 Pagesrequire students to work together culling information for the given topic, write reports outlining their findings, and then present the results or information to their respective class. These are sound skills all students need to have in their accounting toolkits, yet, in many instances their toolkits are still missing vital tools relating to interviewing which universities are not providing. A review was completed of the colleges and universities in the States of Colorado and Wyoming as outlinedRead MoreLean Accounting Essay1508 Words   |  7 PagesEssay Question 1 What are the main benefits and challenges of implementing a lean accounting system in a lean manufacturing environment? Do you anticipate interest in lean accounting will grow, the methods will change, or the concepts will fade out and be replaced with another ‘flavor of the month’? How do you perceive lean principles affecting your career? Justify your answers. I. Lean Accounting Lean accounting often refers to more simplified accounting practices that focusesRead MoreThe Impact Of Ifrs Adoption On Accounting Quality And Its Implication Essay1105 Words   |  5 Pagesadoption on accounting quality and its implication. Understanding the role IFRS plays in enhancing the quality of accounting information, not only policy-makers and securities regulators can appropriately decide on which accounting standard to be implemented but the investors can also re-examine the reliability of accounting information provided by firms applying IFRS. Having said that, numerous studies have been working on this debatable issue in order to provide an analytical and practical view ofRead More7101AFE Financial Accounting Theory And Practice Essay970 Words   |  4 Pagesï » ¿7101AFE Financial Accounting Theory and Practice Tutorial Questions for Tutorials 1- 6: Semester 1 2015 TUTORIAL 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements, would you have developed a positive theory or a normative theory? The first of all, it is important to understand the mean by a ‘theory’. According to ContemporaryRead MoreInternational Accountancy Quiz Question from Test Bank819 Words   |  4 Pages* Question 1 2.5 out of 2.5 points | |    | The following inventory information above was taken from the records of BlobeKom Ltd.:Historical Cost  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $12,000Replacement Cost  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $ 9,000Expected selling price  Ã‚   $10,000Expected selling cost  Ã‚  Ã‚  Ã‚   $  Ã‚  Ã‚   500Normal profit margin  Ã‚  Ã‚  Ã‚   10% of selling priceUnder U.S. GAPP, what should the Balance Sheet report for Inventory?Answer | | | | | Selected Answer: |   Ã‚  $9,000 | | | | | * Question 2 2.5 out of 2.5 points | |   Read MoreWork For Wildman Wilderness Lodge Ltd, A Small Scale Safari Lodge1583 Words   |  7 Pageshours of the placement from a total of 300 hours’ full-time internship. The professional practice started from 21 March 2016 and will be finished on 20 May 2016. The purpose of the professional practice is to gain accounting work experience and impart theoretical knowledge in the practical work in a business environment. The first part of the report shows an overview of the placement organization and its placement plan. As my working location is held at Palmerston Work Injury GP Clinic, and mostRead MoreRelation Between Ifrs And Conceptual Framework Essay1700 Words   |  7 Pageslaunched in 1973 and played a role of first international standard setter. After several years operation. Its accounting standards were followed by majority of organizations around world. And in 2001 International Accounting Standards Board(IASB) emerged from International Accounting Standards Committee(IASC). In the following years, IASB have issued and adjusted the improved accounting standards inherited from IASC, which are known as International Financial Reporting Standards(IFRS). 2. WhatRead MoreMarketing Strategy : A Product Or A Service Prototype Essay1419 Words   |  6 Pagesprocess around the development of a new product through a series of reiterating. Authentication by Reiterating Strategy The foundation of every startup is a grand experiment that attempts to answer a question. Every entrepreneur’s question should be â€Å"Should I build this product?† and â€Å"Can I build a practical business around this product and or service?† This research should be more than just theoretical analysis since it is an entrepreneur’s first prototype product. If it is successful, it allows anRead MoreFinancial Accounting Theory the Reporting Environment1578 Words   |  7 PagesWeek 2: Topic 1: Financial Accounting Theory the Reporting Environment GHTHH Chapter 2 5. Researchers who develop positive theories and researchers who develop normative theories often do not share the same views about the roles of their respective approaches to theory construction. (a) How do positive and normative theories differ? (b) Can positive theories assist normative theories, or vice versa? If yes, give an example. If not, why not? Normative accounting research makes policy recommendationsRead MorePeoplw1467 Words   |  6 PagesDue: Monday 26 March 2012 (Week 6) Weighting: 20% Question 1 (5 marks) You have been employed as an entry-level management accountant for a little under a year. You suspect that your immediate supervisor is involved in a significant fraud involving diverting of company assets to personal use. Briefly describe the steps you might take to resolve this dilemma and use a real world example (not hypothetical) to support your approach. Question 2 (5 marks) Lismore Manufacturing Company had the

Saturday, May 16, 2020

Kate Chopin s The Awakening - 1685 Words

The Swim to Happiness â€Å"Even as a child she had lived her own small life all within herself. At a very early period she had apprehended instinctively the dual life—that outward existence which conforms, the inward life which questions† (Chopin 18). The Victorian Era created a clear distinguishment between male and female roles in society, where women were expected to behave feminine-like, be responsible for domestic duties and have little involvement in society. This created a heavy oppression upon females and as a result forced many of them to remain entrapped in a male dominant society, in fear of being outcasted. In the novel The Awakening, Kate Chopin depicts how Edna’s defiance of Victorian ideal and ignorance of gender roles allows†¦show more content†¦This set her apart as a unique, but ultimately too potent writer in a literary period that had not yet awakened to the more modern notions of feminism...the fine line between author, narrator, and heroine is crossed a nd it seems useless to view this work as independent from the author’s most intense convictions. (Smith). The atmosphere that Chopin s was exposed to from an early childhood and into adolescence shaped the person she became and therefore the writer that later followed. Her novel reflects the feminist ideals she believed in and the progression away from those Victorian ideals through the character of Edna (Smith). Since the culture of this era determined that women should only possess domestic roles, Edna is expected to comply to these standards, but her rebellion against these ideals leads to her later emancipation. However, Edna defies these standards to be a housewife and fails to meet these social expectations: â€Å"Mr. Pontellier had been a rather courteous husband so long as he met a certain tacit submissiveness in his wife. But her new and unexpected line of conduct completely bewildered him. It shocked him. Then her absolute disregard for her duties as a wife angered him† (Chopin 146). Edna not only lacks the ability to care for a house, which is the expectation of wife, but she also does not care for her children in the same manner that is

Wednesday, May 6, 2020

Chronicle Of A Death Foretold By Gabriel Garcia Marquez

â€Å"Fake News†: Analyzing Gabriel Garcà ­a Mà ¡rquez’s subtle commentary and use of minor characters through syntax, juxtaposition, and periphrasis Chronicle of a Death Foretold revolves around the reporting of the murder of Santiago Nasar by the author; Gabriel Garcà ­a Mà ¡rquez, who operates under the pretense of impartiality and journalistic integrity to create a subdued commentary through his minor characters. Mà ¡rquez provides commentary on sociopolitical controversies frequent in his portrayed Columbian culture by juxtaposition and periphrasis using minor characters such as Victoria Guzmà ¡n, Father Amador, and Colonel Lazaro Aponte. In this effect, Mà ¡rquez preserves his faà §ade of journalistic style and narrative of a chronicle while making a†¦show more content†¦The critical nature of Santiago’s relationship with Victoria Guzmà ¡n allows Mà ¡rquez to satirize the servant-master and patriarchal complexes present in his portrayed culture. The sexual relationship between Ibrahim Nasar and Victoria Guzmà ¡n, parallels that of the relationship between Santiago Nasar and Divina Flor and highligh ts the social constructs and environment, which reduced Victoria Guzmà ¡n into servitude through the juxtaposition of the aforementioned combative personalities of Victoria Guzmà ¡n and Santiago. Mà ¡rquez is successful in the sense that he can create a social commentary on the portrayed Arabic and Columbian cultures while still maintaining false objectivity by inserting variation into separate accounts. Mà ¡rquez’s uses periphrasis, syntax, and chronological divisions between chapters to subdue overt comparison between the portrayed values of Columbian culture and its societal norms with the conflicting relationship of Victoria Guzmà ¡n and Santiago Nasar, effectively shrouding his commentary. Mà ¡rquez provides a religious and political commentary through the comparison of independent action and duty to fate and religion, when Father Amador is ordered by Colonel Lazaro Aponte toShow MoreRelatedChronicle Of A Death Foretold By Gabriel Garcia Marquez1229 Words   |  5 PagesThe novella Chronicle of a Death Foretold, a journalistic account of a historical murder, is written by author Gabriel Garcà ­a Mà ¡rquez. Continually through his career â€Å"Garcia Marquez employs journalistic writing techniques in his fiction, and particularly in Chronicle of a Death Foretold in order to produce a seemingly more authentic and credible work†( Gardener 3-4). This particular novel reads as if it is fictional. However, readers are interested to know that the account is based on a factualRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1371 Words   |  6 Pagesyou can even learn from the events taking place within the novels. Stories I have read this semester includes â€Å"Chronicle of a Death Foretold† by Gabriel Garcà ­a Mà ¡rquez will show racism, international racism, and cultural traditions that I have learned about. The conviction and idea of respect in the Columbian culture introduced in Chronicle of a â€Å"Death Foretold† by Gabriel Garcia Marquez is among the choosing parts of the character s convictions and activities. Any move done made to safeguard oneRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1325 Words   |  6 PagesAmerican Society as Shown by Female Characters in Chronicle of a Death Foretold Emily Quinn Candidate Number: Works in Translation 35 B2 Ms. Prestash April 9, 2015 Through a Different Lens: The Exploration and Criticism of the Oppression of Women in Latin American Society as Shown by Female Characters in Chronicle of a Death Foretold The representation and portrayal of women in the novel Chronicle of a Death Foretold by Gabriel Garcia Mà ¡rquez provides an in-depth understanding of the diverseRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1492 Words   |  6 PagesHowever often this may happen, Latin Americans are indeed American. Dealing with this identity crisis, many turned to writing as an outlet. Gabriel Garcia Marquez is a successful author that utilizes this form of expression.Writing Chronicle of a Death Foretold, a story surrounding the true life of a Latin American at an earlier time in history. This enabled Marquez to extract his personal interpretation of America and exaggerate it in such a way that it is unique and believable in comparison to thatRead MoreChronicle of a Death Foretold by Gabriel Garcà ­a Mà ¡rquez661 Words   |  3 Pages In the novel, a murder becomes a mystery case. The plot of the novel is to not only distinguish who committed the crime, but also, his/her rationale behind doing so. In order to avoid the reader having to feel like a speculator, perhaps, Gabriel Garcà ­a Mà ¡rquez uses inconsistencies in writing to incite the confusion in the reader. This concept is best explained through the New York Time literary criticism article entitled, â€Å"MURDER MOST FOUL AND COMIC† (Michaels). Essentially, this criticism seeksRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1354 Words   |  6 PagesIn the novel Chronicle of a Death Foretold by Gabriel Garcia Mà ¡rquez, multiple themes are brought to the table to shed some light on the tragedy that occurred in this small town in the novel. These themes, like social class, construct these personas that become the cultural norms that the citizens of this town seem to follow. The citizens’ ideas of social class have constructed the pyramid of power. People like Santiago Nasar and Bayardo San Romà ¡n are on the top of the pyramid while the Vicario familyRead Mor eChronicle Of A Death Foretold By Gabriel Garcia Marquez1060 Words   |  5 Pages Chronicle of a Death Foretold, by Gabriel Garcà ­a Mà ¡rquez, is structured in such a way that the single event the novel revolves around isn’t necessarily chronicled, as the name would suggest. With the death of Santiago Nasar being foretold on the very first page, the plot itself is not a mystery. However, the fact the Chronicle is incessantly a mind-blowing masterpiece is because â€Å"Art is not a thing - it is a way,† as Elbert Hubbard wisely defines art. Mà ¡rquez weaves together the multiple perspectivesRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1636 Words   |  7 Pages In â€Å"Chronicle of a Death Foretold† by Gabriel Garcia Marquez, the author creates an interpretation of a small Colombian town, which is the home of a Narrator who recalls the details of the murder of a man named Santiago Nasar. Marquez employs a unique, non-linear narrative in order to detail the events and outcomes of the whole ordeal of both Santiago’s death; in addition to the events that were transpiring during the matter. Spread intermittently throughout the narrative are traces of methodicalRead MoreChronicle of a Death Foretold by Gabriel Garcà ­a Mà ¡rquez1240 Words   |  5 Pagesto risk his life in its defense and it’s conscious that he gains protection while he gives it.† Gabriel Garcia Marquez bases the novel, Chronicle of a Death Foretold, off of a true account of a murder that occurred in Sucre, Columbia. In the Columbian culture presented in this novel, he portrays the theme of honor as a fundamental value and important value that ever yone is obligated to respect. Marquez does this through repetition to highlight the idea that actions taken to preserve one’s honor areRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1453 Words   |  6 PagesIn the novel, Chronicle of a Death Foretold, by Gabriel Garcà ­a Mà ¡rquez, developments in the plot occur because of the significance and effect of the patriarchal society, as well as the role of women in Colombia at the time the novel was written (1950’s). These developments occur with Gabriel Marquez’s use of technique and literary devices. In the novel, women were given considerably less choice in their life compared to women today. This ultimately leads to every significant conflict in the novel Chronicle Of A Death Foretold By Gabriel Garcia Marquez Main Section Chronicle of a Death Foretold by Gabriel Garcia Marquez is one of the remarkable book of his career. Mariella Frostrup said â€Å"My favourite book by one of the world’s greatest authors.. You’re in the hands of a master†. Many newpaper reviews considered this as one of the masterpiece of Gabriel and he himself considered this book as a turning point in his life. This novel is a account of a journalist who visited to the land after 20 years of the death of Santiago Nasar, a renowned person of the town. She visits that place and tries to find out the different details from the person directly and indirectly involve with Santiago’s death or is having any kind of relationship with him. The author has used Magic Realism as a motif in the novel and has very well presented it. It adds to the charm in the novel. It also explores the reality of the characters and community which is different from us. We actually understand the characters and the community much bet ter by the introduction of the magic realism in it. There are many examples of magic realism in the novel. The first example I want to quote from the novel which shows the use of this concept is â€Å"He’d dreamed he was going through a grove of timber trees where a gentle drizzle was falling, and for an instant he was happy in his dream, but when he awoke he felt completely spattered with bird shit†. Though being a journalistic style of writing still this sort of whimsical detail makes the reader think that does itShow MoreRelatedChronicle Of A Death Foretold By Gabriel Garcia Marquez1229 Words   |  5 PagesThe novella Chronicle of a Death Foretold, a journalistic account of a historical murder, is written by author Gabriel Garcà ­a Mà ¡rquez. Continually through his career â€Å"Garcia Marquez employs journalistic writing techniques in his fiction, and particularly in Chronicle of a Death Foretold in order to produce a seemingly more authentic and credible work†( Gardener 3-4). This particular novel reads as if it is fictional. However, readers are interested to know that the account is based on a factualRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1371 Words   |  6 Pagesyou can even learn from the events taking place within the novels. Stories I have read this semester includes â€Å"Chronicle of a Death Foretold† by Gabriel Garcà ­a Mà ¡rquez will show racism, international racism, and cultural traditions that I have learned about. The conviction and idea of respect in the Columbian culture introduced in Chronicle of a â€Å"Death Foretold† by Gabriel Garcia Marquez is among the choosing parts of the character s convictions and activities. Any move done made to safeguard oneRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1388 Words   |  6 Pagesâ€Å"Fake News†: Analyzing Gabriel Garcà ­a Mà ¡rquez’s subtle commentary and use of minor characters through syntax, juxtaposition, and periphrasis Chronicle of a Death Foretold revolves around the reporting of the murder of Santiago Nasar by the author; Gabriel Garcà ­a Mà ¡rquez, who operates under the pretense of impartiality and journalistic integrity to create a subdued commentary through his minor characters. Mà ¡rquez provides commentary on sociopolitical controversies frequent in his portrayed ColumbianRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1325 Words   |  6 PagesAmerican Society as Shown by Female Characters in Chronicle of a Death Foretold Emily Quinn Candidate Number: Works in Translation 35 B2 Ms. Prestash April 9, 2015 Through a Different Lens: The Exploration and Criticism of the Oppression of Women in Latin American Society as Shown by Female Characters in Chronicle of a Death Foretold The representation and portrayal of women in the novel Chronicle of a Death Foretold by Gabriel Garcia Mà ¡rquez provides an in-depth understanding of the diverseRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1492 Words   |  6 PagesHowever often this may happen, Latin Americans are indeed American. Dealing with this identity crisis, many turned to writing as an outlet. Gabriel Garcia Marquez is a successful author that utilizes this form of expression.Writing Chronicle of a Death Foretold, a story surrounding the true life of a Latin American at an earlier time in history. This enabled Marquez to extract his personal interpretation of America and exaggerate it in such a way that it is unique and believable in comparison to thatRead MoreChronicle of a Death Foretold by Gabriel Garcà ­a Mà ¡rquez661 Words   |  3 Pages In the novel, a murder becomes a mystery case. The plot of the novel is to not only distinguish who committed the crime, but also, his/her rationale behind doing so. In order to avoid the reader having to feel like a speculator, perhaps, Gabriel Garcà ­a Mà ¡rquez uses inconsistencies in writing to incite the confusion in the reader. This concept is best explained through the New York Time literary criticism article entitled, â€Å"MURDER MOST FOUL AND COMIC† (Michaels). Essentially, this criticism seeksRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1354 Words   |  6 PagesIn the novel Chronicle of a Death Foretold by Gabriel Garcia Mà ¡rquez, multiple themes are brought to the table to shed some light on the tragedy that occurred in this small town in the novel. These themes, like social class, construct these personas that become the cultural norms that the citizens of this town seem to follow. The citizens’ ideas of social class have constructed the pyramid of power. People like Santiago Nasar and Bayardo San Romà ¡n are on the top of the pyramid while the Vicario familyRead Mor eChronicle Of A Death Foretold By Gabriel Garcia Marquez1636 Words   |  7 Pages In â€Å"Chronicle of a Death Foretold† by Gabriel Garcia Marquez, the author creates an interpretation of a small Colombian town, which is the home of a Narrator who recalls the details of the murder of a man named Santiago Nasar. Marquez employs a unique, non-linear narrative in order to detail the events and outcomes of the whole ordeal of both Santiago’s death; in addition to the events that were transpiring during the matter. Spread intermittently throughout the narrative are traces of methodicalRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1453 Words   |  6 PagesIn the novel, Chronicle of a Death Foretold, by Gabriel Garcà ­a Mà ¡rquez, developments in the plot occur because of the significance and effect of the patriarchal society, as well as the role of women in Colombia at the time the novel was written (1950’s). These developments occur with Gabriel Marquez’s use of technique and literary devices. In the novel, women were given considerably less choice in their life compared to women today. This ultimately leads to every significant conflict in the novelRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1060 Words   |  5 Pages Chronicle of a Death Foretold, by Gabriel Garcà ­a Mà ¡rquez, is structured in such a way that the single event the novel revolves around isn’t necessarily chronicled, as the name would suggest. With the death of Santiago Nasar being foretold on the very first page, the plot itself is not a mystery. However, the fact the Chronicle is incessantly a mind-blowing masterpiece is because â€Å"Art is not a thing - it is a way,† as Elbert Hubbard wisely defines art. Mà ¡rquez weaves together the multiple perspectives Chronicle Of A Death Foretold By Gabriel Garcia Marquez There is a common misconception that one can know where someone is from or what they have gone through by knowing their current social location or address. This could not be further from the truth. There is always a story within a story that is waiting to be told. A story that may not be apparent to the public or even those closest to the person in question. Living in a nation like Latin America, Latin American experience this more often than not they must claim a mistaken identity that does not include American. In saying this many people that are from Latin America are cast out and seen as other by traditional American citizens in the world. However often this may happen, Latin Americans are indeed American. Dealing with this†¦show more content†¦This can be seen in the writing styles of Borges and Marquez. This time has passed with the introduction of stories like the House on Mango Street the life of a Latino/a is on on full display to the world. In her story Cisne ros use colorful language to express what it is like for her in Our America. This can be seen in her vignette The house on Mango Street. Her she confesses that this is not the house she had been promised â€Å" it is not the way they told us at all, it is small and red with tight stairs in the front with windows so small you would think they were holding their breath† (Cisneros,2009,p.4). This was in stark contrast she was told that â€Å"her† house would be one with a yard and no fence in the front. In her writing Cisneros speak of this new and different place as though it has promise for her. In contrast to her hope Latin American author Jose Marti states that â€Å"that land for them, go and live with the English during the years when he saw the English marching against his own land? These incroyables who drag their honor across foreign soil, like the incroyables of the French Revolution, dancing, smacking their lips, and deliberately slurring theirShow MoreRelat edChronicle Of A Death Foretold By Gabriel Garcia Marquez1229 Words   |  5 PagesThe novella Chronicle of a Death Foretold, a journalistic account of a historical murder, is written by author Gabriel Garcà ­a Mà ¡rquez. Continually through his career â€Å"Garcia Marquez employs journalistic writing techniques in his fiction, and particularly in Chronicle of a Death Foretold in order to produce a seemingly more authentic and credible work†( Gardener 3-4). This particular novel reads as if it is fictional. However, readers are interested to know that the account is based on a factualRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1371 Words   |  6 Pagesyou can even learn from the events taking place within the novels. Stories I have read this semester includes â€Å"Chronicle of a Death Foretold† by Gabriel Garcà ­a Mà ¡rquez will show racism, international racism, and cultural traditions that I have learned about. The conviction and idea o f respect in the Columbian culture introduced in Chronicle of a â€Å"Death Foretold† by Gabriel Garcia Marquez is among the choosing parts of the character s convictions and activities. Any move done made to safeguard oneRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1388 Words   |  6 Pagesâ€Å"Fake News†: Analyzing Gabriel Garcà ­a Mà ¡rquez’s subtle commentary and use of minor characters through syntax, juxtaposition, and periphrasis Chronicle of a Death Foretold revolves around the reporting of the murder of Santiago Nasar by the author; Gabriel Garcà ­a Mà ¡rquez, who operates under the pretense of impartiality and journalistic integrity to create a subdued commentary through his minor characters. Mà ¡rquez provides commentary on sociopolitical controversies frequent in his portrayed ColumbianRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1325 Words   |  6 PagesAmerican Society as Shown by Female Characters in Chronicle of a Death Foretold Emily Quinn Candidate Number: Works in Translation 35 B2 Ms. Prestash April 9, 2015 Through a Different Lens: The Exploration and Criticism of the Oppression of Women in Latin American Society as Shown by Female Characters in Chronicle of a Death Foretold The representation and portrayal of women in the novel Chronicle of a Death Foretold by Gabriel Garcia Mà ¡rquez provides an in-depth understanding of the diverseRead MoreChronicle of a Death Foretold by Gabriel Garcà ­a Mà ¡rquez661 Words   |  3 Pages In the novel, a murder becomes a mystery case. The plot of the novel is to not only distinguish who committed the crime, but also, his/her rationale behind doing so. In order to avoid the reader having to feel like a speculator, perhaps, Gabriel Garcà ­a Mà ¡rquez uses inconsistencies in writing to incite the confusion in the reader. This concept is best explained through the New York Time literary criticism article entitled, â€Å"MURDER MOST FOUL AND COMIC† (Michaels). Essentially, this criticism seeksRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1354 Words   |  6 PagesIn the novel Chronicle of a Death Foretold by Gabriel Garcia Mà ¡rquez, multiple themes are brought to the table to shed some li ght on the tragedy that occurred in this small town in the novel. These themes, like social class, construct these personas that become the cultural norms that the citizens of this town seem to follow. The citizens’ ideas of social class have constructed the pyramid of power. People like Santiago Nasar and Bayardo San Romà ¡n are on the top of the pyramid while the Vicario familyRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1636 Words   |  7 Pages In â€Å"Chronicle of a Death Foretold† by Gabriel Garcia Marquez, the author creates an interpretation of a small Colombian town, which is the home of a Narrator who recalls the details of the murder of a man named Santiago Nasar. Marquez employs a unique, non-linear narrative in order to detail the events and outcomes of the whole ordeal of both Santiago’s death; in addition to the events that were transpiring during the matter. Spread intermittently throughout the narrative are traces of methodicalRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1453 Words   |  6 PagesIn the novel, Chronicle of a Death Foretold, by Gabriel Garcà ­a Mà ¡rquez, developments in the plot occur because of the significance and effect of the patriarchal society, as well as the role of women in Colombia at the time the novel was written (1950’s). These developments occur with Gabriel Marquez’s use of technique and literary devices. In the novel, women were given considerably less choice in their life compared to women today. This ultimately leads to every significant conflict in the novelRead MoreChronicle Of A Death Foretold By Gabriel Garcia Marquez1060 Words   |  5 Pages Chronicle of a Death Foretold, by Gabriel Garcà ­a Mà ¡rquez, is structured in such a way that the single event the novel revolves around isn’t necessarily chronicled, as the name would suggest. With the death of Santiago Nasar being foretold on the very first page, the plot itself is not a mystery. However, the fact the Chronicle is incessantly a mind-blowing masterpiece is because â€Å"Art is not a thing - it is a way,† as Elbert Hubbard wisely defines art. Mà ¡rquez weaves together the multiple perspectivesRead MoreChronicle of a Death Foretold by Gabriel Garcà ­a Mà ¡rquez1240 Words   |  5 Pagesto risk his life in its defense and it’s conscious that he gains protection while he gives it.† Gabriel Garcia Marquez bases the novel, Chronicle of a Death Foretold, off of a true account of a murder that occurred in Sucre, Columbia. In the Columbian culture presented in this novel, he portrays the theme of honor as a fundamental value and important va lue that everyone is obligated to respect. Marquez does this through repetition to highlight the idea that actions taken to preserve one’s honor are

Ethics Paper Bioethics And Medical Ethics - 1101 Words

Amanda Keith May 10, 2016 BIOETHICS MEDICAL ETHICS PHILOSOPHY 345 Case Study #4 (1) What is the central ethical issue in the case? Chuck Held is an emergency room nurse who is being paged to the Emergency Room since an outbreak of a more virulent form of H1N1 has been confirmed in his city. He has a family, consisting of a 2-year-old son, two golden retrievers and a partner, whom is also a nurse working in another area of the hospital. He worries that he may be quarantined when arriving at the hospital. The central ethical issue is whether or not nurses, like Chuck Held have a duty and moral obligation to treat patients during an outbreak of a highly contagious virus. (2) Who are the †interested† parties? The interested parties include Chuck Held, an emergency room nurse who has been paged to report to the ER. His family, consisting of his partner, dogs and son would be affected if he were to become quarantined at the hospital. Furthermore, the healthcare professionals at the hospital and the ER patients are both interested parties, both affected by the outbreak. All healthcare professionals have the ethical dilemma of whether or not to treat patients during an outbreak and the ethics committee has a duty to oversee compliance among healthcare staff and to resolve any disputes. (3.) How would you resolve the ethical issue? An outbreak of a more virulent form of H1N1 in the city has led to the question of whether or not it is the nurse’s duty to treat. ThisShow MoreRelatedLeadership Roles And Management Functions Of Nursing Theory And Application By Marquis And Huston1185 Words   |  5 Pages Ethics Paper Katelin Bethany Jackson NSG 488 Leadership 19 September 2017 â€Æ' Ethics Paper Massage the Dilemma When reviewing our text, Leadership Roles and Management Functions in Nursing Theory and Application by Marquis and Huston, in preparation for this paper on ethics I thought it imperative to establish an accurate description of what ethics is. Marquis and Huston define ethics as the following: Ethics is the systematic study of what a person’s conduct and actions should be withRead MoreMiss Evers Boys Film critique Essay1029 Words   |  5 Pagesto have conducted a study among 600 black Americans from the years 1932 to 1972. This study was done in Macon County. This paper will exclusively explore the critique the Miss Ever’s Boys film using ethical frameworks. The ethical framework includes beneficence, justice, and respect for persons, duty-based ethics, virtue-based ethics, and the right’s-based ethics. The paper will identify how the above listed ethical principles were or were not portrayed in the film. Analysis of the ethical frameworks Read MoreEvolution of Medical Practice Essay939 Words   |  4 PagesGreat Cases IN BIOETHICS Fall, 2005 Professor Paul A. Lombardo Center for Biomedical Ethics Office: University Hospital, Davis 5337 Phone: 982-4227 pal8g@virginia.edu Texts 1) Great Cases in Bioethics, compiled edited by Paul A. Lombardo (2005) [available at the law school copy center] 2) Limits: The Role of Law in Bioethical Decisionmaking, by Roger B. Dworkin (Indiana, 1996) Strangers at the Bedside: A History of How Law and Bioethics Transformed the PracticeRead MoreSubject of Research: Medical Ethics and Christianity706 Words   |  3 PagesSubject of Research: Medical Ethics and Christianity Medical ethics is an arrangement of moral principles that relates to values and judgments through the practice of medicine. When it comes to medical ethics, Christianity plays a very big role in this moral belief just as any other religion does. In our daily practice of medicine, the seven principles of medical ethics is a vital part in life-and-death decisions, and it is always up-to-date on human life issues. The one that I mainly wanted toRead MoreBiomedical Appliances And The Destruction They Bring1385 Words   |  6 Pagesshed some light on the subject. â€Å"One of the main areas I see hospitals being wasteful is in the packaging of medical equipment and tools. The problem comes from FDA regulations; the companies are forced to oblige by these strict guidelines, although they are not necessarily bad they cause most of the excess waste. The equipment needs to be sterile for purposes of surgery and other medical reasons, but sterility means having three to four layers of plasti c packaging surrounded by cardboard. It isRead MoreReverend Jim Voluntarily Came Into The Emergency Room With1434 Words   |  6 Pageshis will. This examination supposedly led to Reverend Jim’s recovery of a gastric bleed that may have cost him his life. In this paper I will explain through ethical theories why the doctor’s paternal intervention of Jim was not justified even if it saved Jim’s life. This will be explained through ethical theories of justification. Counterpoints in favor of the ethics of Jim’s restraint will also be discussed. Like most ethical dilemmas, there are alternate views to this question. When asked ifRead MoreHealthcare Business: The Legality of Introducing a New Structure for Organ Donation2843 Words   |  11 Pagesï » ¿Title of paper: Healthcare Business Legality Introducing a new structure for organ donation Students name: Course name and number: Instructors name: Date submitted: January 23rd, 2012 Introduction The legal and ethical business practices that are maintained to be the standardized rules in primary industries are also critical for the successful, legal and ethical execution in the healthcare industry so that the patients can choose the right healthcare provider and structure. To furtherRead MoreConfronting Deep Summary1517 Words   |  7 PagesNelson, L. Meyer, M., (2005). Response to Commentators on â€Å"Confronting Deep Moral Disagreement: The President’s Council on Bioethics, Moral Status, and Human Embryos†. The American Journal of Bioethics, 5(6): 14–16. Nelson Meyer discusses coming to a compromise on the disposal of the extracorporeal human embryos (EHEs). One should not link the extracorporeal human embryos to the possibility of developing into a real human. As long as the human embryo is outside of the human body, it doesRead MoreParental Decision-Making Essay example1517 Words   |  7 PagesGuttmacher Report on Public Policy, current laws in the United States of America indicate that minors under the age of eighteen, unless medically emancipated, must have the medical consent of their parent or parents before any health care decision can be made (Boonstra Nash, 2000). These laws do not include health sensitive medical care like prescriptions for contraception, abortion of fetus, pregnancy care or drug addiction rehabilitation. Pediatric nurses are in a unique position that serves as theRead MoreEssay on Embryonic Stem Cells Research1005 Words   |  5 PagesStates. Some people think that it is morally and religiously in correct as they are killing a human life at the first stage of life. While some think it is ok because the human life to them starts at the fetus or when the fetus can feel pain. In this paper we are going to discuss the total aspect of embryonic stem cell research: how the government takes play in the study of embryonic stem cells, how embryonic stem cells have help out people so far, and what are embryonic stem cells. Hopefully with this

Jazz Argumentative Essay Example For Students

Jazz Argumentative Essay JazzJazz is a type of music developed by black Americans about 1900and possessing an identifiable history and describablestylistic evolution. It is rooted in the mingled musical traditions ofAmerican blacks. More black musicians saw jazz for the first time aprofession. Since its beginnings jazz has branched out into so manystyles that no single description fits all of them with total accuracy. Performers of jazz improvise within the conventions of their chosenstyle. Improvisation gave jazz a personalized, individualized, anddistinct feel. Most jazz is based on the principle that an infinitenumber of melodies can fit the cord progressively of any cord. The twenties were a crucial period in the history of music. Revolutions, whether in arts or matter of state, create a newworld only by sacrificing the old. By the late twenties, improvisationhad expanded to the extent of improvisation we ordinarily expect fromjazz today. It was the roaring twenties that a group of new tonalitiesentered the mainstream, fixing the sound and the forms of our popularmusic for the next thirty years. Louie Armstrong closed the book on thedynastic tradition in New Orleans jazz. The first true virtuoso soloist of jazz, Louie Armstrong was a dazzlingimproviser, technically, emotionally, and intellectually. Armstrong,often called the father of jazz, always spoke with deference,bordering on awe, of his musical roots, and with especial devotion ofhis mentor Joe Oliver. He changed the format of jazz by bringing thesoloist to the forefront, and in his recording groups, the Hot Five andthe Hot seven, demonstrated that jazz improvisation could go far beyondsimply ornamenting the melody. Armstrong was one of the first jazzmusicians to refine a rhythmic conception that abandoned the stiffnessof ragtime, employed swing light-note patterns, and he used a techniquecalled rhythmic displacement. Rhythmic displacement was sometimesstaggering the placement of an entire phrase, as though he were playingbehind the beat. He created new melodies based on the chords of theinitial tune. He also set standards for all later jazz singers, notonly by the way he altered the words and m elodies of songs but also byimprovising without words like an instrument (scat singing)(Arnold12). Armstrong was a great musical architect. He brought asuperb sense of drama to jazz solo conception. During a period whenmost improvisers were satisfied simply to embellish or paraphrase atune, Armstrong himself was a master at both. Armstrong^s command ofthe trumpet was arguable greater than that of any preceding jazztrumpeter who recorded. In actuality, the revolution initiated by Armstrong took placein fits and starts, and with little fanfare at the time. AfterArmstrong^s departure from the King Oliver Creole Band, over a yearwould transpire before he would record as a leader. And even whenthose famous recordings were planned -the classic Hot Fives- therecord company considered enlisting a better known leader to front theband. Most accounts stress that Armstrong^s talents may have beenneglected by the general public, but were amply recognized by themusical community his playing was revered by countless jazzmusicians, runs a typical commentary but even this claim issuspect. Fletcher Henderson, Armstrong^s first major employer afterOliver, made the trumpeter accept a cut in pay to join his band. Manyaccounts suggest that Henderson, in fact , preferred the playing ofcornetist Joe Smith, And that Armstrong was hired only because Smithwas unavailable. Smith lacked Armstrong^s rhythmic drive, yet his warmsound and ease o f execution could hardly be faulted and may have beenbetter receive by the average dancehall patron. Henderson was not evenenthusiastic about Armstrong^s singing, an attitude that deeplyfrustrated the new band member. Years later Armstrong would laterexclaim: Fletcher didn^t dig me like Joe Oliver. He had a milliondollar talent in his band and he never thought to let me sing.During the 1930s a new style of jazz emerged. It became themost popular kind of jazz in the twentieth century. This stylebegan during the late 1920s and continued to the 1940s. Most jazz fromthe 1930s and early 1940s is called swing music, and this time inhistory is now known as the swing era. Big bands in the swing erawere made up of ten or more musicians whose instruments were groupedinto three categories called sections: rhythm, brass, and drums. Thebrass section included trumpets and trombones. The saxophone sectionwas separated from the brass section because they originated frominstruments made of wood. In a big band the sax section contained fromthree to five musicians. The size of the trumpet section varied fromtwo to five musicians, two or three being the standard. .u15d26298a3a5ce08611a4d572c936d69 , .u15d26298a3a5ce08611a4d572c936d69 .postImageUrl , .u15d26298a3a5ce08611a4d572c936d69 .centered-text-area { min-height: 80px; position: relative; } .u15d26298a3a5ce08611a4d572c936d69 , .u15d26298a3a5ce08611a4d572c936d69:hover , .u15d26298a3a5ce08611a4d572c936d69:visited , .u15d26298a3a5ce08611a4d572c936d69:active { border:0!important; } .u15d26298a3a5ce08611a4d572c936d69 .clearfix:after { content: ""; display: table; clear: both; } .u15d26298a3a5ce08611a4d572c936d69 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u15d26298a3a5ce08611a4d572c936d69:active , .u15d26298a3a5ce08611a4d572c936d69:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u15d26298a3a5ce08611a4d572c936d69 .centered-text-area { width: 100%; position: relative ; } .u15d26298a3a5ce08611a4d572c936d69 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u15d26298a3a5ce08611a4d572c936d69 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u15d26298a3a5ce08611a4d572c936d69 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u15d26298a3a5ce08611a4d572c936d69:hover .ctaButton { background-color: #34495E!important; } .u15d26298a3a5ce08611a4d572c936d69 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u15d26298a3a5ce08611a4d572c936d69 .u15d26298a3a5ce08611a4d572c936d69-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u15d26298a3a5ce08611a4d572c936d69:after { content: ""; display: block; clear: both; } READ: Nutrition vs. sport performance EssayUnlike the early jazz era, in the swing era hits that werejazz-oriented contained only a few solo improvisations, oftenonly one. Swing music contained less collective improvisation and moresolo improvisation, and the amount of improvisation in most swing erahits was small. The construction of improvised solos in most hits weremelodically conservative. The onset of the Great Depression had a chilling effect on the jazzworld, as it did the whole entertainment industry. The ambiance ofjazz culture were demystified in the process. During this period, thegrowing popularity of talking movies led many theaters to halt theelaborate live shows that had previously been a staple of popularentertainment in most cities, further reducing paying jobs formusicians. Although the development of the 1930s affected mostmusicians adversely, a handful of performers benefited considerablyfrom the more stratified structure of the entertainment world. Thecreation of a truly nationwide mass medium in the form of radiocatapulted a few jazz players to a level of celebrity that would havebeen unheard of only a few years before. Benny Goodman sent this apparatus into motion with avengeance. In the process, he ignited not only his own amazingcareer, but sent off a craze for swing music that would last over adecade. As a soloist Goodman defined the essence of the jazz clarinetas no other performer, before or since; as a bandleader, he establishedstandards of technical perfection that were the envy of his peers,while his influence in gaining widespread popularity for swing musicwas unsurpassed. A decade later he reformed his ensemble to tackle thenascent sounds of bop music (Gioia 135). The new styles , which emerged after 1940 were classified asmodern jazz. Bebop is classified as modern jazz. Modern jazzdid not burst upon the jazz scene suddenly. It developed graduallythrough the work of swing era musicians. Rather than being a reactionagainst swing styles, modern jazz developed smoothly from swingstyles. Bop differed from swing in a number of performance aspects andstylistic aspects. Melodies and harmonies were more complex in bop. Bop tunes and cord progressions projected a more unresolved quality. Drummers played their time keeping rhythms primarily on suspectedcymbal, rather than snare drum, high-hat, or bass drum. Chick Corea grew and matured as an artist. He joined the ranksof Herbie Hancock, Bill Evans, and McCoy Tyner as the Mostprominent and most imitated pianist in jazz. His style originatedwith aspects from the approaches of bud Powell, Horace Silver, BillEvans and McCoy Tyner and the classical pieces of twentieth-centurycomposers Paul Hindemith and Bela Bartok. Latin-American music alsoinspired Corea^s style. Early in his career, Corea had played inseveral bands that featured Latin-American music. Corea^s crisp,percussive touch enhances the Latin feeling. It is also consistentwith his bright, very spirited style of comping. Like Tyner, Coreavoiced chords in fourths. Voicing in fourths means that chords aremade up of notes four steps away from each other. Chick Corea joinedMiles Davis^ band in 1968, and played electric piano on the landmark Ina silent way, album and the influential Bitches Brew session. Hisown trio recording with Miroslav Vitous and Roy Haynes, Now He sings,Now He sobs, became a staple in the record collection of modern jazzlovers during the late sixties. Corea was a prominent composer duringthe 1960s and 1970s. Corea wrote pieces that made good use of presetbass lines in accompaniment, particularly those with a Latin-Americanflavor. In 1985, Chick Corea formed the Elektric Band, which becameknown for its use of synthesizers. The band^s debut was with ChickCorea Eleckric Band, on GRP Records.

Tuesday, May 5, 2020

Multinational Bank And Global Financial - Myassignmenthelp.Com

Question: Discuss about the Multinational Bank And Global Financial. Answer: Introduction The worst economic disaster after the economic depression that took place in 1929 was known as the Global Financial Crisis (GFC, 2008-09). The deregulation that happened in the financial industry was the major reason that led to the creation of this crisis. The rise in unemployment and the decline in the price of the real estate were some of the major causes that led to the evolution of GFC. It happened in the year 2007, as there was a decline in the assurance level of the investors present in the US regarding the mortgages of the subprime products. The increase in the volatility rate and the fall in the stock market were some of the major factors that contributed towards this crisis in 2008 of September. The collapse in the price of the houses led to a fall in the flow of remittance on a global manner by 6 percent in 2008-09. The institution known as IMF reviewed a statement saying that the output level shranked to 2.2 percent as the developing and the developed countries went in to a state of financial crisis (Attig et al. 2016). Nepal is considered to be not impacted on a direct manner by the effects of GFC but has felt it in an indirect manner. Discussion Possible causes Global saving- The core grounds regarding the rise in the asset prices was basically the factor of deficit that was seen in the current accounts, which prevailed in the US market. The countries with a deficit in their trade and current accounts were due to the increase in the savings of the people, which curtailed the borrowing capacity and becoming a lender to the US. The increase in the capacity to save was seen mostly in the developing countries, as there was reduction in the investment within the capital market that created an increase in saving on a global manner. The markets with respect to capital in the developed places were searching for funds, which would help in increasing the market demand along with the asset prices in the US stock and housing market. Price of houses- The decline in the price of the houses in a substantial manner was one of the shocks that led to the formation of global financial crisis. The period of 1996-2006 saw a rise in the value due to the lower interest rates and stress of forming a fresh economy. From middle of 2006 till 2009 mid-February, it was seen that the price of the houses had declined the most since 1987 (Balakrishnan et al. 2016). The mortgage lending mainly attracted the wealthy people so that it can be help in saddling the burdens regarding the mortgages that were large in nature. Figure 1: Housing prices (Source: imf.,org 2018) Rise in subprime lending and rate of interest- There was a further increase in the price of the houses because of sloppy standards of interest rate for the purpose of lending, which is associated with the global economy as well. The borrowers who had the loans were mainly subprime lenders and the standards also suffered because of the lack in the worthiness of credit of them. The rise in fed rates resulted in costly borrowing (Dungey and Gajurel 2014). Furthermore, the cost of the buildings also created an impact, as the mortgage rate moved from descending to ascending rates in the market place. Credit booms- The trigger for the crisis was the major participation that the expansion rate had on credit, which kept on increasing in the market. The access for the credit increased at a greater rate as there was a boom in the market regarding the houses in places like Ireland, Spain, European countries and the UK. The recurring flux that was happening in the economy was because of the rapid credit growth. The indebtedness in the housing properties also increased in the US market after 2000 due to the slow credit growth within the economy (Bauer and Thant 2015). The fiscal innovations and the mortgage finances were the major contributors that led to the problem in housing sector indebtedness. Probability of repeating the financial crisis Regarding the job cycle theory, it can be seen that the financial crisis can be repeated in the future. There is a possibility for this occurrence because of the stage of development, which would escort the market to another phase of depression. Figure 2: Possibility of GFC (Source: Created by Author) Financial crisis of different countries and Nepal The effect on financial sector- The presentation on the level of macro economy revelation to the foreign market and the health of the financial sector changes from one economy to another. The impact of foreign direct investment along with the flow of the capital had an adverse impact and influenced the economy of countries like India. The deficit in the fiscal and the current account has also affected countries like Sri Lanka as the inflow of capital was low through the external manner and the spread of the bond of the bond in the nation increased. The shock on the global fiscal crisis was also seen in Nepal because the nation was growing through the state of lower growth. The decline regarding the prices of the fuel and food led to the increase of inflation, which was indicated by the loans that were not performing in the market. These factors contributed heavily towards a weaker financial sector within the country (Albertazzi and Bottero 2014). Impact of remittance- The turning down of the remittance flow in 2008-2009 was 6 percent because of the effect of financial crisis on a global manner and the least striking countries were the regions in Asia Pacific when compared to a fall of two percent in countries like Central Asia, Latin America, Middle East and North Asia. Figure 3: Flow of remittance (Source: Vazquez and Federico 2015) Figure 4: Growth of remittance in Nepal (Source: lib.icimod.org 2018) In the case of Nepal it can be seen that the flow of remittance did not create any impact and the flow did not decries from 1998 to 2010. The country was the 5th largest in the world with respect to the recipient of remittances and the share of Gross Domestic Product. Reserve for foreign exchange- The business industry of the countries that were developing had an effect because of the crisis, as it increased the funding problems that were the cause of the foreign exchange loss. The funding needs of the vendor needed to be decreased, which resulted in providing the funds that were necessary in funding the foreign exchange. The pool that was present in foreign exchange in the Nepalese banks for decreasing the interest income and the remittance inflow was delayed. The reserves in the foreign exchange decreased from 21.9 percent to 17.3 percent from the financial year 2007-08 to 2008-09. Macroeconomic balances impact- The trade stock decreased the macroeconomic balances in the South Asian countries. Few months back during the financial crisis time, it can be seen that the commodity prices were declining, as there was a delay in the earnings from the exports and the remittance flow (Vazquez and Federico 2015). The decrease in the price level may result in the decline of the earnings from the income as well. Import- The products were imported, as it saw a increase in the features of the fuel and food. The decrease in the prices of the commodity on a further level was because of the recession that happened in the OECD countries and the South Asian countries, which also had an optimistic impact. Impact of financial crisis on housing industry Investment- The increase in the price of the assets within the banks along with process of funding process that caused a delay were some of the major attributors towards the risk in the growth of investment. This resulted in keeping the profits low for the organizations that deal with the products for exporting purposes. The finances that are available in a domestic manner for investment purposes decreased for delaying the investment rate within the local economy. The growth of investment in the South Asian countries decreased because of the delay in earning of exports and foreign capital (Boychuk et al. 2012). Impact of GFC in share market The financial crisis led to a higher volatility degree within the stock market, as it varies from one market to another and the crisis in 2009 was because of the mortgage in the subprime market and the liquidity crisis that led the crash in the stock market. Most of the countries were under the grip of the crash that happened in the stock market and the crisis that took place in the US market increased the volatility rate in the markets of Australia and New Zealand. The stock markets that were present in Germany, US and Japan had a pattern of volatility as well. The volatility level increased that led to the rise in the borrowing costs, which resulted in low confidence within the investors (Benetrix et al. 2015). The monetary industry in Nepal has no relation with the financial system in a global manner closely for which the economy did not endure from the impacts of the financial crisis in the beginning. The share and the investment market within the nation have no link with the investment on a global manner in a direct manner. The availability of the funds in the Nepalese banks led to an indirect impact for the crisis as the demand declined in an aggregate manner along with a weak spending capacity of the consumers (Cayon et al. 2017). Reforms for reduction in financial crisis Capital planning and stress testing- The federal reserve of the banks have to analyze their capital, which help in the review of the capacity of lending at the time of economic downturn. The testing of the level of stress can be another method that will help in designing a framework based on risk capital (Obstfeld 2015). Heightened regulation of capital- The requirement of capital relying on has to be increased, which will help in the asset relation with the risks and the common equity (Haas and Lelyveld 2014). The capital standards of the banks have to be higher along with regulations needs to be done on the basis of risks so that the banks can allot more capital on the assets that are risky. Conclusion Therefore, the global financial crisis created different effects on various countries and Nepal in particular. The crisis happened during the second and third encompassing of the flow of remittance within the country along with the reserves in the foreign exchange and the price of the commodities. Furthermore, the crash in the stock market of the different countries had limited the growth in the market. Reference List Abraham, V. and Rajan, S.I., 2014. Global Financial Crisis and Return of South Asian Gulf Migrants. India Migration Report 2012: Global Financial Crisis, Migration and Remittances, p.197. Albertazzi, U. and Bottero, M., 2014. Foreign bank lending: evidence from the global financial crisis. Journal of International Economics, 92, pp.S22-S35 Attig, N., Boubakri, N., El Ghoul, S. and Guedhami, O., 2016. The global financial crisis, family control, and dividend policy. Financial Management, 45(2), pp.291-313. Balakrishnan, K., Watts, R. and Zuo, L., 2016. The effect of accounting conservatism on corporate investment during the global financial crisis. Journal of Business Finance Accounting, 43(5-6), pp.513-542. Bauer, A. and Thant, M. eds., 2015. Poverty and sustainable development in Asia: Impacts and responses to the global economic crisis. Asian Development Bank. Bntrix, A., Lane, P.R. and Shambaugh, J.C., 2015. DP10325 International Currency Exposures, Valuation Effects and the Global Financial Crisis. Boychuk, G.W., Mahon, R. and McBride, S. eds., 2015. After'08: Social Policy and the Global Financial Crisis. UBC Press. Cayon, E., Thorp, S. and Wu, E., 2017. Immunity and infection: Emerging and developed market sovereign spreads over the Global Financial Crisis. Emerging Markets Review. Claessens, S. and Van Horen, N., 2015. The impact of the global financial crisis on banking globalization. IMF Economic Review, 63(4), pp.868-918. Dungey, M. and Gajurel, D., 2014. Equity market contagion during the global financial crisis: Evidence from the world's eight largest economies. Economic Systems, 38(2), pp.161-177. Haas, R. and Lelyveld, I., 2014. Multinational banks and the global financial crisis: Weathering the perfect storm?. Journal of Money, Credit and Banking, 46(s1), pp.333-364. IMF. (2016).IMFs Response to the Global Economic Crisis. [online]Availableat: https://www.imf.org/en/About/Factsheets/Sheets/2016/07/27/15/19/Response-to-the-Global-Economic-Crisis [Accessed 18 Jan. 2018]. Kemp, P.A., 2015. Private renting after the global financial crisis. Housing Studies, 30(4), pp.601-620. Lib.icimod.org. (2018). [online] Available at: https://lib.icimod.org/record/26979/files/c_attachment_767_6007.pdf [Accessed 18 Jan. 2018]. Obstfeld, M., 2015. after the Global Financial Crisis. POLICY CHALLENGES IN A DIVERGING GLOBAL ECONOMY, p.383 Ojo, A.O., 2016. Corporate governance and risk management in the financial industry: changes after the global financial crisis. Vazquez, F. and Federico, P., 2015. Bank funding structures and risk: Evidence from the global financial crisis. Journal of banking finance, 61, pp.1-14.