Should Minimum Wage Be Raised - 870 Words

Should Minimum Wage Be Raised? Minimum wage has always been a controversial issue. Many politicians use the argument of minimum wage for their own political propaganda. Some may argue minimum wage should be raised, while others believe it will have detrimental effects on our economy if it is raised. Surprising to most people, minimum wage earners make up only a small percent of American workers. According to the Bureau of Labor Statistics, minimum wage workers make up about 2.8% of all workers in America. â€Å"The majority of minimum wage workers are between the ages of 16 and 24. These are high school and college students† (Sherk 2). But high school and college students are not the entire percentage of minimum wage earners. When minimum†¦show more content†¦Next, another problem the rise of minimum wage poses is the rise of inflation. If employers are required to pay their employees more, then they need to do something to compensate for the extra money they are losi ng. With this in mind, employers would have to increase the prices of goods. But sometimes raising prices is not an option for employers. â€Å"If a business cannot simply pass along its new labor costs, it must somehow absorb them—by eliminating workers rendered unproductive by the new minimum wage, by replacing labor with more-productive machines, or by cutting production† (Intorduction 2). This brings back the issue of minimum wage causing a dramatic increase in unemployment. Sherk believes it is the wrong time to increase minimum wage, due to the fact that America is currently in a recession. The right time to think about raising minimum wage would be when the unemployment rate drops drastically. Sherk states â€Å"In 2007, Congress voted to increase the minimum wage, raising it in three $0.70 increments from $5.15 to $7.25 an hour. The final installment represents a 10 percent increase in the cost of hiring minimum wage employees† (Sherk 1). Seemly inflatio n and minimum wage increases influence each other. The problem of inflation increases the price of goods, which is obviously an increase in theShow MoreRelatedMinimum Wage Should Be Raised?958 Words   |  4 PagesMinimum Wage Louis Montgomery III English Composition 101 Mrs. Blackwell April 23, 2015 Minimum Wage Do minimum wage jobs help pay the bills? Do minimum wage jobs support the family? Should minimum wage be raised? Will raising the minimum wage reduce poverty? The idea of minimum wage jobs is to help people get work experience without having any skills. Most minimum wage jobs include fast food restaurants and grocery stores. Minimum wageRead MoreShould Minimum Wage Be Raised?1062 Words   |  5 Pagesever pressing question regarding Minimum wage. Not many subjects can ignite a controversy as quickly as that of whether or not minimum wage should be raised, or by how much should it be raised or if it should remain the same. What is minimum wage? By definition, minimum wage is the minimum hourly wage an employer can pay an employee for work. (â€Å"MinimumWage.com†) America’s minimum wage was first introduced by President Franklin D. Roosevelt in 1938. That minimum wage was introduced as part of the FairRead MoreShould Minimum Wage Be Raised? Essay1596 Words   |  7 Pagesgovernment has so generously termed the â€Å"minimum wage†. In Missouri, the minimum wage has been set at a rather appalling $7.65 per hour while in other states there are wages starting as high as $10. Though arguably the economy is not as sluggish and terrible as it once was, $7.65 per hour will not help those who have children, no college degree and debts to pay. It is not only Missouri that has minimum wage laws, but every other state in America has minimum wage laws in place. Both California and SeattleRead MoreMinimum Wage Should Be Raised1145 Words   |  5 PagesThe current minimum wage is $7.25, which equals two gallons of milk, one fast food meal or two gallons of gas. Can you imagine yourself working 12-hours a day and only having enough money to p ay for rent and put food on the table for your family? With working all those long hours, you can barely afford to pay your utility bills and after that you don’t have enough money or time for luxuries like clothing or vacation. You have no savings as matter of fact, you are in a huge debt and you are livingRead MoreMinimum Wage Should Be Raised935 Words   |  4 PagesMinimum wage is an ongoing debate in the United States. There are some people who think that it should be raised to a higher rate and others who think that it should not. There are many different pros and cons with raising minimum wage. Minimum wage is at a balanced rate that should not be raised due to lack of skill, low education, and economic problems. Jobs that require minimum wage are created for young adults who are in college or high school. They are to help one get one on their feet so thatRead MoreMinimum Wage Should Be Raised910 Words   |  4 Pagesmaximize the American Dream on the minimum wage† (Benjamin Todd Jealous). In 1938, minimum wage was created by the federal government in order to protect workers by ensuring a minimum of twenty-five cents per hour worked. Though President Roosevelt had the right idea in protecting the workforce, something needs to be done to ensure that Americans are getting a reasonable amount of money for the amount of hours they have worked. As Benjamin Todd Jealous stated, minimum wage is not enough for the averageRead MoreThe Minimum Wage Should Be Raised998 Words   |  4 Pagesprestigious job at such a young age. However that is not the case, if the minimum wage is raised to $15 an hour, a 16 year old could make $18,000 yearly working only 25 hours a week at McDonalds. Now for tee nagers that have goals for college or a car, that would money to set aside for the future, however most 16 year olds do not have those goals in mind yet, so that extra money turns into wasted money. As of February 2016 the minimum wage ranges anywhere from $7.25-$10 across the United States. Florida’sRead MoreMinimum Wage Should Not Be Raised863 Words   |  4 Pagesthan triple the minimum wage. If the minimum wage is increased, it would eliminate people’s incentives to improve. On top of that, inflation would occur, and poverty would virtually stay the same. In addition, raising the minimum wage would bring on hardship for small businesses. Of course, one may argue that the minimum should cover the cost of living, but people should have to work for their money. The minimum wage should not be raised in the United States. If the minimum wage were to go up, peopleRead MoreThe Minimum Wage Should Not Be Raised858 Words   |  4 PagesRepublican presidential candidate, Ted Cruz, is of the opinion that the Minimum wage should not be raised. This is a large issue as the current federal minimum wage of $7.25 is not enough to support basic living costs in a fair number of states. Ted Cruz highlights the consequences of raising the minimum wage yet ignores the cons of it remaining static (Ted Cruz on the Minimum Wage). In an article in The Atlantic, the discussion of the cost of living is brought up. The article talks about how theRead MoreShould Minimum Wage Be Raised?1337 Words   |  6 Pagesnot to raise the minimum wage in America has been a widely discussed topic for years. Minimum wage refers to the smallest amount of money a worker can legally be paid in the U.S. It was first signed into law in 1938 by President Franklin Roosevelt in order to keep workers out of poverty and as it stands, the current federal minimum wage in the U.S. is $7.25 per hour. (United States Department of Labor). Today, while some are even questioning the significance of having a minimum wage at all, others

Bless Me Ultima Def Free Essays

Lopez 1 Tiffani Lopez Ms. Carlos Period 4 March 4, 2013 DEF Term: Pathos Definition: the quality or power in an actual life experience or in literature, music, speech, or other forms of expression, of evoking a feeling of pity or compassion. (http://dictionary. We will write a custom essay sample on Bless Me Ultima Def or any similar topic only for you Order Now reference. com/browse/pathos? s=t) Example: In Chapter 6 of Rudolfo Anaya’s Bless Me Ultima, Anaya uses pathos, â€Å"For the first time I would be away from the protection of my mother (Anaya51). Function: The pathos used on the above example is significant because it explains the amount of love and attachment Antonio has towards his mother, Maria. Related article: Arguments Made in Take the Tortillas Out of Your Poetry It shows how she big of an impact she is in his life. It also portrays the typical relationship between son and mother. In which, the mother is playing the protective, nurturing guardian. While her offspring –son (in this case) – is naive to the â€Å"real world. † In the text where it states that this would be the first time Antonio would be leaving his mother, can be compared to the baby bird leaving the nest. The character of Maria could relate to the nest and the baby bird to Antonio. The nest representing protection and security, and the baby bird represents fear and shyness. This Lopez 2 Comparison foreshadows how naive and timid Antonio becomes in the absence of his mother at school. This pathos sets up a mood of compassion. The mood is compassion because Antonio’s fear and angst is understandable. The author is arguing that Antonio wants mature and become a man, but is fearful because this is something completely new to him. The overall tone of this example of pathos is worried. The tone is this because you can sense Antonio’s worry for himself without his mother. The point of the pathos was to bring attention the importance of a maternal figure in Antonio’s life. The overall theme communicated by using this pathos is that life is a learning experience; learning something new, you learn scared. Plath’s point was to evoke concern whether Antonio will â€Å"survive† school. The pathos relates to the entire chapter 6 because throughout the chapter Antonio admits to wishing for his mother’s presence because he is lonely, but expected to become a man. Works Cited â€Å"Pathos. † Dictionary. com Unabridged. Random House, Inc. 03 Mar. 2013. Dictionary. com http://dictionary. reference. com/browse/pathos. Anaya, Rudolfo A. Bless Me, Ultima. New York: Warner Books, 1994. Print. How to cite Bless Me Ultima Def, Essay examples

Positive Accounting Research IFRS

Question: Discuss about thePositive Accounting Researchfor IFRS. Answer: Introduction This report consist several cases and deep facts on the particular article of positive research accounting. This article reflects the points which have been faced by companies in implementation of positive research accounting for summarizing, classifying and recording of financial aspects. This article provides range of theories and methodologies which are used to discussed significant consideration about how corporation could develop an effective positive accounting. It is evaluated that ontology and epistemology of positive accounting provides effective assessment of human behavior in the implemented accounting practice. Positive accounting research could be defined as part of scientific research which is used to recognize the cause and effect relations of the humans. This ontology and epistemology of positive accounting is the most evaluated part in this article which provides that if companies use positive research accounting then it would result into best practice for summarizin g, classifying and recording of financial aspects. This article provides all the critical drawbacks and problems faced in positive research accounting by humans due to their different human behavior. In the starting phase of this report overall finding theoretical arguments have been discussed in determined approach. Afterward, research questions have been used to reflect the main concern of humans in positive research accounting. After that, theoretical concepts provide a complete discussion which reveal human behaviors and their cause and effect relation with the accounting practice. In the end of this report conclusion has been drawn which reflects all the suggestions and recommendations about how humans uses positive accounting research with their cause and effect relation and how it could be made better with the given auditors disclaimer (Brown, Preiato, and Tarca, 2014). Summary of Article This article covers all factors which are used to determine the reciprocal behavior of humans in respect to accounting practice. Positive research accounting helps in overcoming all the problems and errors in accounting practice which have been faced by accountant and auditors throughout the time. This research identifies intellectual support system and academics which support to assess human behavior and their reciprocal behavior. This article put emphasis upon operational of self- interest of humans which is used to interact with each other through implied and expressed contract (Klemstine and Maher, 2014). This article provides how humans are facing problems in preparing accounting and auditing frameworks (Waymire, 2014). Positive research accounting article have reflected a view point that it accounting research practice should not be framed on rational judgment but also on personal judgment. This article provides that if humans are put under pressure to complete their accounting and auditing task then they could do that work quickly but there will be more chances of mistakes and errors (Brown, et al. 2014). In addition to this, it is suggested that behavior of free will allows accountant to take their independent decision to make effective use of classifying and recording of financial transactions in organizations Behavior of free will reflects that if one person take actions on the basis of Behavior of free will then it surely contradict with other persons view points and assumptions with the given set of accounting work. Undoubtedly, it is not easy to find comprehensive and casual theory and statements which could be used to reflect the human behavior and applicability of all applicable theories with the implication of human behavior. In addition to this, positive ontology and epistemology may also provide misleading facts and issues which influence human behavior and their cause and effect relation. This type of concern has been shown in this article du e to the existence of anomalies in the positive research accounting. Nonetheless, the main problem in positive research accounting is related with the understanding on particular facts and figures of set accounting rules. All the data used in positive research accounting has been collected thorough qualitative research process which helps in development of preliminary understanding of some phenomenon. Apart from that, researchers could evaluate the disclaimer and other remarks given by auditors to identity the drawbacks of in positive research accounting practice in particular organization. Hypothetical test in this article provides that there are several assumptions and uncertain data which have been used in article to justify the usefulness of in positive research accounting practice (Ahmed, Neel and Wang, 2013). By summarizing all the facts of this article it is evaluated that article contains a good understanding on human behavior and cause and effect relation in accounting practice of accountant and auditors. Therefore, some of the hypothetical test has been implemented in this article which helps understanding human behavior and their reciprocal behavior (Everett, Neu, Rahaman and Maharaj, 2015). Research Questions This article contains several facts and issues which are used to answers the following questions given as below. Which are the likely problems faced by accountant in positive accounting practice? What are successful factors in positive accounting practice? How positive accounting practice is different from intellectual program? How ontology and epistemology in current accounting practice is going to help researcher to make effective understanding on set accounting practice? Theoretical Frameworks This research has been prepared by considering various frameworks such as hypothetical test, decision making process of human and other qualitative frameworks. This research contains several theoretical frameworks and research program to evaluate the human behavior and their cause and effect relation in relation with positive accounting research practice. This research framework provides a standard set of program which could be used by accountant and auditors in their accounting and auditing practice (Engle and Hunton, 2015). As per the views of Fang, et al, 2014 it is reflected that this theoretical framework provide various interest test and behavioral concepts which are used in positive accounting research practice. It provides that organizations have been facing problems in human behavior and reciprocal behavior in accounting practice accompanied with several errors which could result into misleading accounting decisions of accountants. There are numerous documents either in Americana or international which reveals the models and frameworks which could be used to resolve issues such as errors and mistakes in positive accounting practice. There are several factors which could be used by auditors in its theoretical model which could be sued by accountant in following positive accounting research practice. In addition to this, these theoretical models assist auditors to develop a clear understanding with its auditing functioning. These developed theoretical frameworks provide how auditors could use basic concepts and models to understand the financial data of organization. The main emphasis in this article has been made on qualitative research frameworks which provide clear data regarding human reciprocal behavior. This Darwins theory of evaluation used in this article provides that there are merely two purpose of to deploy qualitative measurement in positive research. The first purpose of this Darwins theory of evaluation is related with how users gather data from the general public for framing positive accounting research practice policies and rule. This provides assistant to auditors to evaluate accountant behavior i n preparing accounting information. (Dyckman and Zeff, 2014). This information later on used by auditors to identify and mitigate the possible errors and mistake in accounting practice developed by accountant (Li, 2015). However, it becomes hard to evaluate how realistic model of process could be constructed or other variable could be gauged in selected qualitative approach. It is observed that if auditors use realistic model approach then it would result into basic level of errors (Type-1 errors). There are following theoretical concepts and frameworks have been used to gauge the human behavior and their cause and effect relations with the positive accounting practice (Deegan, 2017). In addition to this, null hypothesis used in this article provides the basis to determine possible factors which influence of human behavior in positive accounting research accounting frameworks. Test statistic under the null hypothesis is based on the auxiliary assumptions. In the end, it could be sai d that these several theoretical frameworks and research program have been used to evaluate human behavior and their cause and effect relation in relation with positive accounting research practice (Slater, et al. 2014). Significant of Positive Accounting Research Positive research accounting provides a systematic framework which should be used by accountant and auditors in preparing and checking of financial statement of organizations. This research put emphasis upon the understanding of human behavior and cause and effect relation in accounting practice. This research identifies intellectual support system and academics which support to assess human behavior and their reciprocal behavior. It is evaluated that quantitative approach has assisted in gathering all the accounting data from the accountant to determine their reciprocal behavior with positive research accounting frameworks. In this research, researcher analyzed human behavior and their cause of actions with the particular set formats. Hypothetical test implemented in this positive research accounting helps accountant and auditors to identify errors and mistakes in accounting details of company. The main purpose of this positive research accounting may not really be to plus to our kn owledge of human behavior in accounting- related contexts but to provide readymade answers to accountant which could be solved with high manner (Guan, 2014). Limitation of Positive Accounting Research The main limitation of research and data collection in article is completely based on the primary and secondary data collection from various sources. All the research shown covers all the required data shown in the article given and other article which has helped to make adamantine study prepared on positive research accounting. Apart from that, in this article set format and accounting assumptions have been used which is not enough to identify shortcoming and drawbacks (Smith, 2014). On the other hand the research prepared on ontology and epistemology does not cover complete details to reflect required amount of information on the positive research accounting. Researchers have also used hypothetical test in this positive research accounting which also provides data and accounting frameworks based on assumptions and standards. There are several other limitations which have been noticed such as gathered data may not be appropriate, interpretation of information by different people and using of different models and frameworks. Therefore. It could be evaluated that there are several pros and cons of this article which must be taken into consideration in this research article (Bertomeu, Darrough and Xue, 2017). Conclusion This article provides deep understanding on ontology and epistemology of positive accounting which reflects that if companies use positive research accounting then it would result into best practice for summarizing, classifying and recording of financial aspects. This report gauged to provide effectiveness and limitation of positive accounting practice which determine cause and effects relation. This positive research accounting provides standard formats which have been used by accountant to record financial transaction in the books of accounts. This Standard set of format assist auditors to evaluate all the errors and mistakes in Positive research accounting practice. In addition to this, several theories and developed Positive research accounting models used in this article to put emphasis upon cause and effect relations of humans with their accounting practice. There are various models and assumptions have been followed in positive research accounting which assists in establishmen t of harmonization in reporting frameworks of organizations around the globe. Now in the end it would be concluded that, Test statistic under the null hypothesis is based on the auxiliary assumptions which is the main limitation of this article. positive research accounting emphasis upon the working behavior of accountant and auditors. If they provide their work by following set formats and issues then there will be less chance of errors and mistakes in financial data of organization. References Ahmed, A.S., Neel, M. and Wang, D., 2013. Does mandatory adoption of IFRS improve accounting quality? Preliminary evidence.Contemporary Accounting Research,30(4), pp.1344-1372. Bertomeu, J., Darrough, M. and Xue, W., 2017. Optimal conservatism with earnings manipulation.Contemporary Accounting Research,34(1), pp.252-284. Brown, P., Preiato, J. and Tarca, A., 2014. Measuring country differences in enforcement of accounting standards: An audit and enforcement proxy.Journal of Business Finance Accounting,41(1-2), pp.1-52. Deegan, C., 2017. Twenty five years of social and environmental accounting research within Critical Perspectives of Accounting: Hits, misses and ways forward.Critical Perspectives on Accounting,43, pp.65-87. Dyckman, T.R. and Zeff, S.A., 2014. Some methodological deficiencies in empirical research articles in accounting.Accounting Horizons,28(3), pp.695-712. Engle, T.J. and Hunton, J.E., 2015. Retraction: The Effects of Small Monetary Incentives on Response Quality and Rates in the Positive Confirmation of Account Receivable Balances.AUDITING: A Journal of Practice Theory,34(3), pp.201-201. Everett, J., Neu, D., Rahaman, A.S. and Maharaj, G., 2015. Praxis, Doxa and research methods: Reconsidering critical accounting.Critical Perspectives on Accounting,32, pp.37-44. Fang, J., Haw, I.M., Yu, V. and Zhang, X., 2014. Positive externality of analyst coverage upon audit services: Evidence from China.Asia-Pacific Journal of Accounting Economics,21(2), pp.186-206. Guan, K., 2014. Corporate Growth, Audit Quality and Accounting Conservatism: Empirical Evidence from Public Companies in China.Journal of Accounting and Economics,5(005). Klemstine, C.F. and Maher, M.W., 2014.Management Accounting Research (RLE Accounting): A Review and Annotated Bibliography. Routledge. Li, X., 2015. Accounting conservatism and the cost of capital: An international analysis.Journal of Business Finance Accounting,42(5-6), pp.555-582. Slater, R.A., Koren, S., Ramot, Y., Buchs, A. and Rapoport, M.J., 2014. Interpreting the results of the Semmes?Weinstein monofilament test: accounting for false?positive answers in the international consensus on the diabetic foot protocol by a new model.Diabetes/metabolism research and reviews,30(1), pp.77-80. Smith, M., 2014.Research methods in accounting. Sage. Waymire, G.B., 2014. Neuroscience and ultimate causation in accounting research.The Accounting Review,89(6), pp.2011-2019.