Superstition Assignment

Superstitions are a type of magic that people believe that practicing certain rituals brings them good luck, prevent illness, evade evil, and other related outcomes. As such, superstitions can be in different types depending on the context. The remarks or actions made by others can be superstitious in some way.

I experienced an incident that seemed superstitious. I used to visit my grandmother during holidays to spend some time with her and assist her in the daily chores. However, in one particular incidence, she made some remarks that appeared superstitious. She said that she had a grudge with my other family members because they neglected her in her time of need. According to my understanding, the remarks seemed superstitious since I did not know how she could react in her grudge against my family members. She could even do harm to me as a form of revenge.

In one instance, a young man came straight to a lady and started hurling insults at her without a clear basis of the source of the hostility. The lady felt disturbed and concerned that she did not know the guy and yet went ahead to insult her. I find the incident superstitious since no one can tell the reason the guy behaved the way he did. It leaves a lot to think about because they were strangers to each other. The unclear intentions of the young man make it very superstitious.

Another incident involved two ladies who were not in good terms. One lady, Janette used to visit the other on weekends and carried a small bag which she used to forget intentionally behind only to be reminded later about it. The trend continued on several occasions until the other lady became suspicious of a small bag. The actions by Janette are superstitious since she might be sending a clear signal to the other lady of bad luck. The fact that she left the small bag intentionally shows that she there was something she intended to do the other lady.

I think that all the examples outlined clear explanations about superstitions based on personal remarks or actions. In the first incident, my grandmother ought not to say the remarks she said because they live a lot to consider. The remarks elicit fear and imaginations about the likely course of action that she intended to take. She could leave a curse, cause evil, or seek for revenge in very negative ways. Thus, I think that my grandmother would not be satisfied even after revenging due to inner thought struggles. In the second instance, the young man could not insult the lady since she was innocent by her being a stranger. It is likely that the guy had a mistaken identity that makes it very superstitious to judge his actions. I think that the remedy for the behavior would be requesting to know more about the events leading to the incident. The third instance involved a superstitious action. It is not clear to the observer what Janette meant by leaving her bag intentionally. People could imagine that Janette desired to do harm to the other lady and used the bag to entice her. It is likely that there was something bad inside the bag meant to cause harm to the lady.

The need to identify superstitious actions and remarks from others is important in evaluating the cases identified. It is easy to differentiate between superstitious actions and remarks to others due to the expected turn of events. The arguments given in class are a good foundation to help in evaluating the cases.

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Verifying the variance

Variance shows the change from a particular period to another which can be in months, quarters, or years. According to Garrison, Noreen, and Brewer (2003), variance analysis is necessary when evaluating the financial statements and departmental level budgets for the overall financial health of an organization or department. The calculation of variance helps to establish whether an organization is growing or not and at what rate. Variance analysis provides the management team with concrete information on how to make business decisions that would strengthen the financial position of an organization (Garrison, Noreen & Brewer, 2003). The Northeast Health System appears stable in various financial aspects but with normal changes between 2010 and 2011. The health system income statement shows that there was a decrease in the total unrestricted revenue and support in 2011 as compared to 2010 though the total expenses reduced from 2010 to 2011. However, the changes in unrestricted net assets show that year 2011 ended with negative (-) changes as compared to 2010 probably due to huge pension and post-retirement remittances in 2011.

From the variances data obtained, the major positive variances between 2010 and 2011 are observed in cash and cash equivalents (41.3), excess of revenue and gains over expenses (223), net assets from restrictions of purchase of property (68.3), and pension and post-retirement related adjustments (390.3). The significant negative variances are observed in prepaid expenses and other current assets (-87.9), non-operating gains (-197.4), change in net unrealized gains and losses on investments (-170.9), total other changes in unrestricted net assets (-578.1), and a decrease in unrestricted net assets (-283.6). The variances show that there were significant differences in particular aspects of the financials of Northeast Health System both positive and negative.

According to the proportional allocation analysis data, the most significant positive proportions are net patient service revenue for both 2010 and 2011[98.0 (2011); 97.7 (2010], income from operations in 2011 (211.9), change in net unrealized gains and losses on investments in 2011 (167.1), and decrease in unrestricted net assets in 2011 (158.1). The most significant negative proportions from the analysis data are non-operating gains in 2011 (-111.8), and pension and post-retirement related adjustments in 2011 (-76.4).

Most of the financial aspects of Northeast Health System are not heading in the right direction since most of the variances are negative. It shows that the financial health of the firm in 2010 was better than that of 2011. However, the variances in pension and post-retirement related adjustments and excess of revenue and gains over expenses shows that there were more expenses on the two items in 2011 than 2010. Regarding the firm liabilities, the changes were not significant that showed a level of stability. The firm’s assets appear to be on a downfall trend which reveals of some losses or depreciation. For the proportion allocation analysis, it is evident that unrestricted revenues and support decreased in 2011 as compared to 2010, total expenses also reduced in 2011 thereby making the gains over expenses to increase in 2011 as compared to 2010. The major problem experienced in 2011 was the increase in pension and postretirement adjustments as well as fluctuations in unrealized gains and losses on investments.

I would recommend certain actions to the Northeast Health System regarding decreasing or increasing the significant variances and proportional allocations. First is to reduce the accrued wages and vacation payable, the accrued pension liability, and professional liability reserves. The Health facility ought to diversify on the mechanisms of revenue generation to ensure there is an increase in cash flow. The allocations for pension and post-retirement adjustments ought to be controlled to avoid the rapid changes in unrestricted net assets.