Critical Thinking Questions -What Factors Contributed Most to the Transformation Away from the Failing

question 7

Essay

Critical Thinking Questions
$\begin{array}{|l|l|l|l|l|}\hline \text { RATING } &\text { Failing }&\text { Below Average } &\text { Competent }&\text { Advanced/ }\\&&&&\text { Sophisticated }\\\hline \text { Criteria } &\text { Answer doesnot }&\text { Answer fails to }&\text { Answer provides }&\text { Answer clearly }\\\text { for }&\text { provide an }&\text { provide examples }& \text { an argument with } &\text { provide an }\\\text { evaluation. }&\text { argument for or }&\text { to support an }&\text { one or two }&\text { argument with two }\\&\begin{array}{l}\text { against. Answer } \\\text { contains }\end{array} & \begin{array}{l}\text { argument for or } \\\text { against. Writing }\end{array} & \begin{array}{l}\text { examples that } \\\text { support it. Writing }\end{array} & \begin{array}{l}\text { excellent } \\\text { examples that }\end{array}\\&\text { inaccuracies. } & \text { is poor and } & \text { is acceptable for }& \text { support it; student } \\&\text { Writing is poor } &\text { grammatical }& \text { the college level } &\text { makes the argument }\\&\text { and contains } & \text { errors are } & \text { but may contain } &\text { clearly and }\\&\text { numerous } & \text { common. Answer } & \text { one or two }&\text { eloquently. Answer }\\&\begin{array}{l}\text { grammatical } \\\text { mistakes and }\end{array} & \begin{array}{l}\text { is somewhat } \\\text { incoherent. }\end{array} &\begin{array}{l}\text { grammatical } \\\text { mistakes and }\end{array} & \begin{array}{l}\text { is well organized } \\\text { and free of }\end{array}\\&\text { misspellings. }&&\text { misspellings. }&\text { grammatical errors }\\&&&&\text { and misspellings. }\\\hline \text { POINT } \\\text { VALUE }&0&1&2&3\\\hline\end{array}$

-What factors contributed most to the transformation away from the classic legislative process and toward the new style?

Calculate and analyze the days' sales uncollected to evaluate company efficiency in receivables management.

Understand and apply the concept of recording transactions using both the gross and net methods.

Identify and explain the principles of internal control systems.

Analyze transactions to prepare accurate bank reconciliations and related journal entries.

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Definitions:

Game Console

A dedicated electronic device designed to play video games where games are controlled using a specific input device.

Printer

A common output device that creates tangible or hard copies of text and graphics.

Twisted-Pair Cable

A type of wiring in which two conductors are twisted together to cancel out electromagnetic interference from external sources.

Fiber-Optic Cable

A cable made of glass or plastic fibers that transmits data at high speeds using light, commonly used for internet connections.