profsolo88

profsolo88

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Middlesex University

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Project Management1Information Technology3Algebra1Computer Science5Accounting8Calculus3Chemistry15
**Polyinstantiation and Information Security:** Polyinstantiation is a securit...

You have decided to start a savings account because you would like to go on holiday with a friend 
and you need to keep track of your deposits, interest paid, balance and tax liabilities. Your goal is 
to save for three months.
You have spent some time comparing various savings options to get the most growth out of your 
savings. That means the higher the interest rate, the more your money will increase. The savings 
account you have chosen offers the best interest rates which are based on a sliding scale on the 
balance of your account. 
Definition: A sliding scale is a system in which the interest rate which is paid changes because of 
other conditions. For example: 
• The more money you earn, the more tax you must pay; 
• The more money you invest in savings, the higher interest rate you will receive.
VALUE OF SAVINGS ACCOUNT BALANCE INTEREST RATE 
(per month)
Less than R2 000 2%
Greater than or equal to R2 000 but less 
than R5 000
4%
Greater than or equal to R5 000 6%
The South African Revenue Services (SARS) will deduct 25% tax of the interest paid into your 
account each month (from the profit you make every month), i.e., the interest paid to you by the 
bank.
Write the pseudocode for the following scenario. 
The input into the program will be:
• Account number (numeric)
• Amount of the deposit (numeric)
• Month (numeric)
22; 23 2023
© The Independent Institute of Education (Pty) Ltd 2023
Page 4 of 7
The program must do the following:
• Ask the user to enter the account number twice and compare the two account numbers to 
each other in order to verify that the correct account is being accessed. This is to ensure 
you will make your deposit into the correct account. If the two account numbers entered 
do not match, then display an appropriate message and ask the user to re-enter the two 
account numbers again. 
• The minimum monthly deposit is R500. Check that the deposited amount is R500 or more. 
If it is less than R500, then the program must prompt you to re-enter an amount to deposit 
until you specify an amount of R500 or more.
• Use a case structure to convert the numeric month to a string month name. 
o E.g., 1 will be January and 2 will be February, etc. 
• Check the account balance against the range of values to determine the interest rate (from 
the table above).
• Calculate the interest payable and add the interest payable to your account balance.
• Calculate the tax due to SARS (25%) and deduct this from your account balance. 
• Print out a balance statement each time you make a deposit so you can keep track of your 
account balance. The balance statement must include the following information: 
o Opening Balance; 
o Deposit; 
o Interest Earned; 
o Tax due to SARS;
o Closing Balance

```pseudocode FUNCTION calculateInterestRate(accountBalance): IF accountBalanc...
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Aerodynamics relies on both experimental and theoretical approaches to understand and predict the behavior of airflow around objects. Experimental methods involve testing models in wind tunnels or using computer simulations, while theoretical methods use mathematical models to analyze and predict aerodynamic phenomena.

Research and development are essential to advance the field of aerodynamics. New technologies, materials, and computational tools enable researchers to explore new frontiers and solve complex aerodynamic problems.

Aerodynamics plays a critical role in sports performance, particularly in sports that involve high speeds and aerodynamic drag, such as cycling, skiing, and swimming. By optimizing the aerodynamic shape and surface features of equipment and clothing, athletes can reduce drag and improve their performance.

Regulatory and policy issues also impact aerodynamics, particularly in industries such as aviation, automotive, and wind energy. Regulations and policies may limit the use of certain materials, shapes, or technologies that affect aerodynamics, and may also set standards for safety and efficiency.

Aerodynamics is a crucial discipline in aerospace engineering, where it impacts the design and performance of aircraft, missiles, and spacecraft. The shape and configuration of these vehicles must be optimized to achieve efficient flight, stability, and maneuverability, while minimizing drag and weight.

The geometry and speed of an object significantly influence its aerodynamic behavior. The shape and surface features of the object, as well as its velocity and orientation, determine the patterns of air pressure and shear that generate lift, drag, and other forces. Aerodynamicists use these principles to design efficient, stable, and safe vehicles and structures

for various applications. In the field of aerospace engineering, aerodynamics ...
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🏷️ 

  1. Advanced Management Accounting Case:

Harwood Medical Instruments PLC (HMI), based just outside ofBirmingham, England, manufactured specialty medical instruments andsold them in market niches that were becoming increasinglycompetitive and price sensitive because of pressures toreducehealth care costs. HMI was organized into nine divisions each runby a general manager. Over the years, HMI had gorwn bothorganically and by acquisition. Six of the divisions had beenacquired by HMI within the past decade. All of HMI's divisions soldmedical products to hospital, laboratories, and/or doctors, so theneed for product quality and reliability was high. The divisionsvaried significantly, however, in terms of the degree to whichtheir success depended on, for example, development of newproducts, efficiency of production, and/or customer service.Bonuses for division general managers were paid semi-annually. Upto the year 2009, these bonuses were calculated as 1% of divisionoperating profits. HMI's managing director, Andy Guthrie, hadconcerns though that the operating profit measure was too narrowlyfocused. He had been reading articles about performance measurementand decided to implemnt a "more balanced" scorecard. In November2009, just before introducting a new bonus plan, Mr. Guthrieexplained to his chief financial officer that he was willing to payout higher bonuses than had been paid historically if improvedperformance warrantd doing so. The new plan provided a base bonusfor division general managers of 1% of division operating profitsfor the half-year period. this base bonus was adjusted asfollows:

 

Increased by $5,000 if over 99%of deliveries were on time; by $2,000 if 95-99% of deliveries wereon time; or by zero if less than 96% of deliveries were ontime.

 

Increased by $5,000 if sales returnswere less than or equal to 1% of sales, or decreased by 50% of theexcess of sales returns over 1% of sales.

 

Increased by $1,000 for every patentapplication filed with the UK Intellectual Property Office.

 

Reduced by the excess of scrap and rworkcosts over 1% of operating profit

 

Reduced by $5,000 if average customersatisfaction rating were below 90%.

 

If the bonus calculation resulted in a negative amount for aparticular period, the maanger received no bonus. Negative amountswere not carried forward to the next period. Exhibit 1 showsresults for two representative HMI divisions for the year 2010, thefirst year under the new bonus plan. The surgical InstrumentsDivision (SID), one of HMI's original businesses, sold a variety ofsurgical instruments, including scissors, scalpels, retractors, andclamps. The markets for these products were mature, so growth wasrelatively slow. Not much innovation was needed, but controllingcosts was critical. The Ultrasound Diagnosti Equipment division(Ultrasound), which was acquired in 2007, sold and servicedultrasound probes, transducers, and diagnostic imaging systems. Theultrasound market promised excellent growth and profits if thedivision could keep its sophisticated products on the cutting edgetecnologically and control both product development and productioncosts effectively. In 2009, the total annual bonuses for the yearearned by the managers of SID and Ultrasoundn were approximately$85,000 and $74,000, respectively.

 

Operating results for the Surgical Instruments andUltrasound Diagnostic Equipment Div, 2010 ($ in 000s)

 

Surgical InstrumentsDiv. Ultrasound Diagnostic Equip. Div

 

1st half of2010 2nd half of2010 1st half of2010 2nd half of 2010

 

Sales $42,000 $44,000 $28,600 $29,000

 

Operatingprofit $4,620 $4,400 $3,420 $4,060

 

On-timedeliveries 95.4% 97.3% 98.2% 94.6%

 

Salesreturns $450 $420 $291 $289

 

Patent applicationsfiled 0 1 4 8

 

Scrap and reworkcosts $51.1 $45.0 $39.7 $28.2

 

Customer satisfaction(average) 78% 89% 81% 91%

 

The case describes a company whose manager is concerned that theoperating profit measure included in the company’s bonus plan wastoo narrowly focused. He implemented a new bonus plan that reducedthe weighting of importance placed on operating profit and thatincluded more measures, including on-time deliveries, salesreturns, patent applications, scrap and rework costs, and customersatisfaction.

 

1. What was the purpose of the change?

2. Calculate the bonus earned by each manager for each 6-monthperiod and for the year 2010.

3. Evaluate the new plan. Is there any evidence that it producedthe desired effects? What

changes to the new plan would you suggest, if any?

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