Write an Essay About Where Valid Instruments Come From

question 26

Essay

Write an essay about where valid instruments come from. Part of your explorations must deal with checking the validity of instruments and what the consequences of weak instruments are.

Appreciate the importance of privacy rights and understand the limits and guarantees of the Privacy Act of 1974.

Acquire insights into the historical development and role of administrative agencies in the U.S. government.

Understand exemptions to the Freedom of Information Act (FOIA) and the requirements of the Government in Sunshine Act.

Understand the principles of at-will employment and the circumstances under which an employee can leave their job.

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Definitions:

Performance Obligation Approach

An accounting method that recognizes revenue when a company satisfies a performance obligation by transferring a promised good or service to a customer.

Capital Leases

Leases that are treated like asset purchases for accounting purposes because they transfer substantially all risks and rewards of ownership.

Minimum Operating Lease Payments

The lowest total amount that a lessee is obliged to pay over the lease term for the right to use an underlying asset, excluding contingent rent and lease incentives.

Discount Rate

The interest rate utilized in calculating the current value of future cash flows through discounted cash flow analysis.