Finance Review free essay sample

Under the highest quality level, the cost of an ounce of gold in U. S. dollars was $20. 67, while the cost of that equivalent ounce in British pounds was ? 3. 7683. What might the conversion scale between the dollar and the pound be? What if the U. S. dollar cost had been $42. 00 for every ounce? 4. Since 2009 the IMFs conversion scale system order framework utilizes an accepted arrangement procedure. Under this framework, monetary standards that are overwhelmingly showcase driven are viewed as: A) delicate pegs. B) hard pegs. C) drifting courses of action. D) a remaining understanding. 5. While arranging ventures for the budgetary record part of the parity of installments the ________ is a speculation where the financial specialist has no control though the ________ is a venture where the speculator has authority over the advantage. An) immediate speculation; portfolio venture B) direct venture; circuitous venture C) portfolio speculation; backhanded speculation D) portfolio venture; direct speculation 6. Expect the United States has the accompanying import/trade volumes and costs. It embraces a significant downgrading of the dollar, state 18% overall, against all significant exchanging accomplices monetary standards. What is the pre-depreciation and post-degrading exchange balance (in a present moment)? Suppositions Initial spot swapping scale, $/fc Price of fares, dollars ($) Price of imports, remote money (fc) Quantity of fares, units Quantity of imports, units Percentage degrading of the dollar Price flexibility of interest, imports Values 2. 00 20. 0000 12. 0000 100 120 18. 00% (0. 900) 1 Mid-term I Review Questions 7. Order the accompanying as an exchange revealed in a subcomponent of the current record or the capital and money related records of the two nations included (clue: look from income point of view, debit=COF, credit=CIF):a. a U. S. natural way of life imports grape from Chile. b. a US occupant buys an euro-designated bond from a German organization c. a US college gives an educational cost award to a remote understudy from Singapore (the understudy is as of now in the United States) d. a British organization imports Spanish oranges, paying with Eurodollars on store in London e. a German car firm pays the compensation of its official working for an auxiliary in Detroit 8. On your post-graduation celebratory outing you choose to go from Munich, Germany to Moscow, Russia. You leave Munich with 15,000 euros in your wallet. Needing to trade these for Russian rubles, you acquire the accompanying statements: Spot rate on the dollar/euro cross rate Spot rate on the ruble/dollar cross rate $1. 3214/â‚ ¬ Rbl 30. 96/$ a. What is the Russian ruble/euro cross rate? b. What number of rubles will you get for your euros? 9. Accept the accompanying statements: 1) Bank A: $1. 5400/pound 2) Bank B: EURO1. 6000/pound 3) Bank C: $0. 9700/EURO a) Can a broker make a benefit on these statements? b) Assume that the dealer has $1,000,000 or the proportionate in another money accessible for the exchange. What benefit can the dealer make? 10. Utilize the accompanying spot and forward offer approach rates for the U. S. dollar/Australian dollar (US$/A$) conversion standard from December 10, 2010, to respond to the accompanying inquiries. Period Spot multi month 2 months 3 months a half year a year two years US$/A$ Bid Rate 0. 98510 0. 98131 0. 97745 0. 97397 0. 96241 0. 93960 0. 89770 US$/A$ Ask Rate 0. 98540 0. 98165 0. 97786 0. 97441 0. 96295 0. 94045 0. 89900 a. What is the mid-rate for every development? b. What is the yearly forward premium (rebate) for all developments dependent on mid-rates? 2 Mid-term I Review Questions 11. Assume that the two-months financing cost is 6.0 percent per annum in the United States and 7. 0 percent for every annum in Germany, and that the spot swapping scale is $1. 12/â‚ ¬ and the forward swapping scale, with two-months development, is $1. 10/â‚ ¬. Accept that you can get â‚ ¬1,000,000. a) What sort of exchange is conceivable? b) Determine the exchange benefit that can be made. c) What might the forward rate must be so that there would be no exchange opportunity? 12. Isolated by in excess of 3,000 nautical miles and five time regions, cash and outside trade markets in both Germany and USA are productive. The accompanying data has been gathered from the particular territories: Assumptions Germany USA Spot swapping scale ($/â‚ ¬) One-year Treasury charge rate Expected swelling rate 1. 3264 3. 900% Unknown 1. 3264 4. 500% 1. 250% a. What do the money related markets propose for swelling in Germany one year from now? b. Gauge todays one-year forward conversion standard between the dollar and the euro. 3 Mid-term I Review Questions AK 1. Count of Percentage Change in Value Initial conversion standard (peso/$) New swapping scale (peso/$) Percentage change in peso value(beginning rate finishing rate)/(finishing rate) Values 3. 20 5. 50 - 41. 82% Anytime an administration sets or resets the estimation of its money, it is an overseen or fixed conversion scale. In the event that that is the situation, any adjustment in its official worth must be either a revaluation or downgrading. For this situation, it is downgrading. This is clear from the way that it presently takes more pesos per U. S. dollar, so its worth is less or depreciated. As far as the rate change estimation, this is shown by the negative rate change. 2. Suspicions Vietnamese bank rate (dong/$) Bank commission (%) Saigon Airport Exchange Bureau rate (dong/$) Airport comission (%) Hotel Exchange Bureau rate (dong/$) Hotel comission (%) Values 19,800 2. half 19,500 2. 00% 19,400 1. half Vietnamese dong continues 193,050,000 191,100,000 191,090,000 The consolidated conversion scale and commission offered in the business banks in Vietnam is the better rate. On account of the Hotel Exchange Bureau rate, in spite of the fact that its swapping scale is marginally more fragile than the air terminal, its lower bonus makes it ideal over the consolidated air terminal rate. 3. Presumptions Price of an ounce of gold in US dollars ($/oz) Cost of an ounce of gold in British pounds (? /oz) What is the inferred $/? swapping scale? (dollar cost of an ounce/pound cost of an ounce) Gold Standard Values $20. 67 ?3. 7683 $5. 4852 What If $42. 00 ?3. 7683 $11. 1456 4. C 5. D 4 Mid-term I Review Questions 6. a. What is the pre-cheapening exchange balance? Incomes from sends out, $ Expenditures on imports, fc Expenditures on imports, $ Pre-degrading exchange balance $2,000 1,440 $2,880 ($880) b. Coming about exchange balance following depreciation? Incomes from trades, $ Expenditures on imports, fc New spot swapping scale, after depreciation Expenditures on imports, $ Post-debasement exchange balance (cash contract period) $2,000 1,440 2. 36 $3,398 ($1,398) 7. a. A U. S. natural pecking order imports grape from Chile. Charge to U. S. merchandise some portion of current record, credit to Chilean products part of current record. b. A U. S. inhabitant buys an euro-named bond from a German organization. Charge to U. S. portfolio part of money related record; credit to German arrangement of monetary record. c. A U. S. college gives an educational cost award to a remote understudy from Singapore. In the event that the understudy is as of now in the United States, no section will show up in a critical position of installments since installment is between U. S. occupants. (An understudy as of now in the U. S. turns into an inhabitant for parity of installments purposes. ) d. A British Company imports Spanish oranges, paying with eurodollars on store in London. A charge to the merchandise some portion of Britain’s current record; an a worthy representative for the products part of Spain’s current record. e. A German car firm pays the compensation of its official working for an auxiliary in Detroit. Germany would record a charge in the salary installments/receipts in its present record; the U.S. would record a credit in the salary installments/receipts in its present record. 8. Presumptions Beginning your outing with euros Spot rate ($/â‚ ¬) Spot rate (Rubles/$) a) What is the Russian ruble/euro cross rate? Cross rate (Rubles/â‚ ¬) Values 15,000. 00 1. 3214 30. 96 40. 91 Rubles/â‚ ¬ = Rubles/$ x $/â‚ ¬ b) what number rubles will you get for your euros? Changing over your euros into Rubles 613,658 5 Mid-term I Review Que estions 9. a) Yes, the cro ) oss-rate and th quote at De he eutsche Bank are not the sa k ame. b) ) First transactio purchase pound at Bank A: 1,000,000/1.5 = pound 64 on: d 54 49,350. 65 ction: purchase EU URO at Bank B: 649,350. 65*1. 6 = 1,038 B 8,961. 04 Second transac Third transacti T particle: purchase dolla at Bank C: 1,038,961. 04 *0. 97 = 1,00 ar 4 07,792. 2 Pr rofit: $7,792. 2 This sort of ar T rbitrage is called: triangula exchange. ar hange rate quo are immediate statements on th dollar (US$ otes t he $/A$), the star oper forward 10. Since the exch remium calcu ulation is: pr Forward premi ium = ( Forw ward Spot ) /(Spot) x (360/days) 0 US$/A$ Period Spot multi month h multi month hs multi month hs half year hs 12 mont ths 24 mont ths Days Forward 30 60 90 180 360 720 US$ $/A$ a. Determined Bid Rate e 0. 98510 0. 98131 0. 97745 0. 97397 0. 96241 0. 93960 0. 89770 Ask Rate k 0. 98 8540 0. 98 8165 0. 97 7786 0. 97 7441 0. 96 6295 0. 94 4045 0. 89 9900 Mid-Rate 0. 98525 0. 98148 0. 97766 0. 97419 0. 96268 0. 94003 0. 89835 b. Forwa ard Premiu um (discou unt) - 4. 5917 7% - 4. 6252 2% - 4. 4902 2% - 4. 5816 6% - 4. 5902 2% - 4. 4100 0% ard gressively req quire less a less US d nd dollars per Au ustralian dolla than the cu ar urrent The forwa rates prog spot rate. Along these lines the US dollar is selling forwa at a prem es ard mium and the An Australian do ollar is selling g forward at a rebate. a 11. ) erest rate arbi itrage (CIA); a) Covered inte b) )Borrow Euro 1,000,000 B 1 Exchange spot at $1. 12/euro to get $1,12 E t o 20,000 In nvest at 1 perc to get $1,131,200 penny Exchange forw E ward at $1. 10//euro, to get Euro 1,028,36 E 63. 6 Repay advance Eu 1,011,666. 7 R uro Pr rofit: Euro 16 6,696. 9 ) uro c) F = 1. 12*( 1. 01/1. 01167) = $1. 1182/eu 6 Mid-term I Review Questions 12. a. As indicated by the Fisher impact, genuine financing costs ought to be the equivalent in both Europe a

Why company should start saving on electricity

Why organization should begin saving money on power Nowadays, power is a typical utilities utilized wherever particularly on each organization. There is various approaches to spare power particularly on the organization premise. Saving money on power will give numerous great factors additionally close to that some negative elements. Taking care of tabs will be all the more less contrast with the past as of aftereffect of the power sparing. In any case, the power organization will get sway for their yearly benefit on the grounds that the income will be diminishing because of the less sum power charges by some company.Every organization additionally will have the option to limit the support cost from the power sparing. This shows by less Jobs done by electrical gadgets, for example, climate control system, office light and others. For instance, the organization will do overhauling or supplanting channels Inside forced air system at the more drawn out hole time contrast with the past. T hen again, the support adjusting organization will get less work likewise less income on account of the activity. The organization likewise will be increase higher benefit because of the power saving.Generally, the power cost is among significant expense of each organization tasks yearly. Likewise, organization will have the option to pay more reward and Increment to their individual staff. Lamentably, the inspiration for some staff will be decline in light of the effectively organization to pay high reward and addition to their staff. Additionally, toward the finish of consistently they Just trust that organization will pay them reward without them to create higher profitability. Name: †Mood January Bin Bad Jaws sol 1630 Date: †04/09/2014

Homework Research Paper Example | Topics and Well Written Essays - 750 words

Schoolwork - Research Paper Example Advancement likewise calls for work of qualified faculty, who conceptualize to think of better items and guaranteeing fantastic administrations to customers. Organizations accomplish development through formation of new merchandise or administrations that disturb purchasers purchasing behaviors or through gradual enhancements for the current items along these lines expanding their life. This paper talks about the significant job adjusted scorecard plays in conveying association techniques and subsequently accomplishing development and upper hand over different organizations. ... et targets and get above it Every fourteen days Operations measurements It build up whether tasks are streaming as planned and stay away from a minute ago shocks on orders Every day Learning and development (Employees) point of view Employees fulfillment Evaluate workers to set up their degree of fulfillment Every month Employees turnover or maintenance Get a report from HR of enlistments and ways out of representatives Every a half year Level of association ability Empowering workers through preparing and urging them to advance their instruction improves an associations capacity Make it an approach for workers to participate in learning exercises Nature of association culture or atmosphere Enables representatives to exist together amicably with each other, make a fulfilled group, and roused group Maintain a propelled group Technological advancement Reward workers for innovation of new items and presenting new thoughts Every time it happens A fair scorecard is the assumed worth of an association that interfaces key goals to each other. As indicated by adjusted scorecard foundation site, â€Å"A adjusted scorecard distinguishes the association between innovative limit, effective item advancement forms, improved client and partner esteem, and budgetary outcomes† (â€Å"Balanced scorecard institute,† 2000.) The above score card fuses the crucial vision articulations of an organization, which structure some portion of the key targets. A dream explanation of an organization clarifies the purpose behind being. It motivates individuals to accomplish more that they really thought conceivable, permits extending of assets to build gainfulness, and join workers towards a shared objective. A dream articulation frames the establishment of an association esteems and impacts its qualities and shortcomings. On

Buying Internship Reflection Paper Essay

<h1> Buying Internship Reflection Paper Essay</h1> <p>These counselors worked day and late evening attempting to secure potential positions everywhere throughout the country and figured out how to run over a situation for every single understudy by the end of the term. In spite of the fact that I was having my primary weight of serving an amazingly enormous level individuals yet that is among the best open doors whom I figure relatively few understudies will be experienced for their absolute first temporary position. Scarcely any undergrads know the things that they have to do, and it's something not so much worth agonizing over. </p> <p>If you are at present utilized and couldn't want anything more than to get that experience mean entry level position credit, you need to have an uplifted degree of qualified level obligations during the temporary position time frame. There's still a lot to foresee in the following week. My own IT aptitudes are turning out to be refreshed every day. An appropriate beginning adequately expands your chances of progress. </p> <p>For model, you may need to exhibit how you have changed in light of the fact that your youth or the manner in which you used to play to your underlying pals. For some clients, reflections speak to the sole time in their lives they realize they've been heard. You may need to come back to your earlier beneficial encounters and give an extremely away from of a particular occasion, occurring or feeling. Make sure to focus on encounters and reflections as opposed to broadly expounding on someone else. </p> <h2> The 5-Minute Rule for In ternship Reflection Paper Essay </h2> <p>Occasionally, you may be feeling the loss of some extraordinary proposals for your intelligent article subjects. Now and again, you could be mentioned to form an intelligent paper. For example, subsequent to finishing a temporary job, you may be approached to make a reflection exposition on such experience. Utilizing this guide, you may find some other accommodating suggestions to make a right intelligent exposition. </p> <p>When composing this exposition, you will need to show up back at what you've realized and think about it paper. An incredible intelligent exposition might be a phenomenal intelligent paper with the proper arranging. As a rule, composing an intelligent exposition doesn't vary from some other sort of paper. Not just the second graders. </p> <p>This is a significant prerequisite so as to get a degree in any case in case you're taken a crack at a customary or web program. I've found huge ideas concerning the enrollment of a colossal determination of claims to fame. As you reflect, share what you've realized during the temporary job and the manner in which the recently gained information will help you in accomplishing further scholarly and business related targets. This revolution will focus on the Nutrition Exercise and Wellness program to deal with pediatric stoutness. </p> <p>In experiential learning and entry level positions, the real learning comes afterthe work term whenever you have an opportunity to consider about what you saw and experienced. In spite of the fact that it is anything but a necessity, our bookkeeping office staff and other bookkeeping experts prompt that you don't take various classes while finishing a total time temporary position. The eventual fate of drug store relies upon the capability of the accompanying ages of drug specialists. In the control of medicinal services the executives, understudies should likewise experience a social insurance the board temporary job in a genuine clinical consideration setting as a way to incorporate the speculations and abilities they've learned in transit. </p> <p>And here we will educate all of you subtleties and offer counsel on the most proficient method to form an intelligent article. With the exception of the chief areas of your intelligent paper, there are a couple of di fferent basics to take a gander at. In the event that you need help, simply inquire! My resume doesn't require a makeover, it ought to be restarted without any preparation, and that is a brilliant thing! </p> <h2>Rumors, Lies and Internship Reflection Paper Essay </h2> <p>Needless to state, you will require a decent arrangement to concoct your paper. Composing for the web and composing your common examination paper couldn't be progressively extraordinary. I would get ready records to sit down on EBTs with the attorney. Keep it in memory and take a few notes to have the option to choose an adequate theme and finish your task. </p> <p>Unlike most of my friends, my objectives are set for a brief period. Another key to progress involves an individual ought to have an expert disposition to have the option to fit in the serious area. Plainly my goals which were set to start with demonstrated amazingly troublesome where it may have been something that ne cessary superhuman ability to figure it out. In case you're late in business it's not just an impression of you, yet of the entire independent venture. </p> <p>Following are a couple of alternatives for you to consider. For example, on the off chance that you investigated an industry as a bit of your entry level position, portray what you found out about the business. Since this data might be comprehended by others, I support due ingenuity before including possibly classified insights concerning the business you're working for. It is essential to note, in any case, that numerous organizations likewise utilize their entry level position program to pick the most skilled applicants from trustworthy instructive establishments they can employ later on.</p>

How is Essay Writing Treated When Students Begin Their Higher Education?

<h1>How is Essay Writing Treated When Students Begin Their Higher Education?</h1><p>The most significant thing about paper composing, and all composition so far as that is concerned, is to realize when is article composing instructed in school. When is exposition composing instructed in school? That is the issue that I need to address here.</p><p></p><p>Now when a great many people consider composing articles, they naturally consider troublesome subjects, for example, English, history, theory or religion. Be that as it may, they don't understand that these are only a couple of the numerous sorts of exposition points. They may think about these themes when they initially choose to compose an exposition, yet they may not understand that you can compose on pretty much any topic.</p><p></p><p>These are the absolute most regular points that understudies compose articles on. These themes go from governmental issues, religion s, nations, and mainstream melodies. An understudy will utilize a similar arrangement in every task that they have. Also, when is article composing educated in school, that is actually what you ought to do.</p><p></p><p>All you need to do is start by composing a paper that is interesting to your educator. All teachers are extraordinary, and a few educators will think that its simpler to review you with an article that is novel to you. Others will anticipate a set structure. In the event that you have an article that is remarkable to you, at that point you will have the option to respond to the entirety of your inquiries in your essay.</p><p></p><p>And when is paper composing instructed in school, you are never too youthful to even think about starting composing an exposition. Because you don't have a great deal of involvement in this subject doesn't imply that you can't compose an exposition. There are such huge numbers of various subj ects that can be expounded on, regardless of whether you don't have the foggiest idea about a lot about the subject.</p><p></p><p>In expansion to this, an exposition can be written in any such course. You could compose a paper about the two biggest urban areas in your state. Or on the other hand, you could put down an article about the best accounts for achievement in our nation.</p><p></p><p>Many understudies will do this when they start their advanced education. They will compose a paper about the best school and why they picked that specific school. At that point they'll compose an article on why they decided to go to that specific school. This is the means by which we figure out what kind of school is best for us.</p><p></p><p>We can't direct how an understudy ought to compose their exposition. Notwithstanding, we can be a decent wellspring of data about when is exposition composing educated in school. On th e off chance that you ask your teacher, you'll discover how they grade expositions and which subject is frequently used.</p>

The Foolproof Essay Topics about 1984 Strategy

<h1> The Foolproof Essay Topics around 1984 Strategy</h1> <p>Last, survey the requests of your article and guarantee you've met every one of them. Global Relations static part can be tended to by any ordinary book. Since you can see, these themes focus on a few distinct features of the novel. These points are dynamic and static. </p> <p>Let's glance at all the awesome themes and 1984 exposition thoughts you could use! Orwell realized that most of the individuals who might peruse his book would keep on being alive in 1984. On the off chance that you get a particular Animal Rights (Hot Topics) pdf at the top of the priority list, you will most likely be enchanted with the expansive scope of books that we're ready to gracefully you with, regardless of how uncommon they might be. Like there is only 1012 theme that might be requested 16 Marks. </p> <p>Hence, you will have the option to make an account that will rapidly sum up the story in a brisk paper. Along these lines, complaints and enthusiastic agonies are fairly increasingly incredible essentially since they are inner and can't be gotten away. The political objective is very simple. </p> <p>The cost of a paper is reliant upon the amount of exertion the essayist needs to apply. In the wake of expressing your theory, you are going to need to talk about the subject top to bottom for your peruser will grasp the issue completely. Such a proposal articulation attempts to fortify the motivation behind the particular kind of article. It shows that she's an amazingly inquisitive and splendid person. </p> <p>If it's in your prospectus, you can foresee an exploration paper on it. This paper is the most dubious to get ready. The exposition has become the most significant part of a college appllication, see test papers perfect for applying to schools in the us. Ordinarily, a structure of paper incorporates three essential areas, as such, presentation, body, and end. </p> <p>Let's gander at probably the most huge topics in the novel. There are various article types which you can use to show your appreciation of the book. Your advantage gives you the understanding to perceive significant subtleties that produce your paper convincing. In light of the length of the important paper, you can expound on one of these inquiries. </p> <h2>Want to Know More About Essay Topics around 1984? </h2> <p>Most people merit a chance. It helped me to remember the book, Fahrenheit 451, which similarly recounts an area where individuals comply with all standards of the current society despite the fact that it ends up being destructive over the long haul. Particular individuals may describe the very same involvement with different ways. 1984 paint a picture of despotism today. </p> <p>Orwell gives some sort of a prediction about the general public where the brains of people are inside control and controlled. Moreover, each character in the novel appears to assume a specific job that is ordinary of a particular gathering of people in the veritable Kenyan culture. Any oppressed world overstates the story to make individuals consider the future and what will happen in the event that we don't adjust the current condition. There are a great deal of startling storiesones brimming with apparitions or vampires or zombies. </p> <p>The matter is likely agitated on the grounds that it is a troublesome one. The reality of the absolute first time confronting neediness and life was at age eight. All through the novel there are loads of instances of persecution of unadulterated responses and they cause a scope of issues, for the key characters, however for the general public on the loose. A decision to trust in the phenomenal feature of a condition, or the h orrendous viewpoint. </p> <p>Creative Essay composing is as of now perceived among the most helpful action for kids for their general character advancement. It doesn't make a difference to us, regardless of whether you're excessively occupied at work focusing on an energy undertaking, or essentially burnt out on an apparently unending stream of assignments. English language classes for the most part foresee heaps of composing. </p> <p>If you abruptly see that a specific connection doesn't work or you will require an answer to your inquiry, you generally have the alternative to contact our client assistance. Lamentably, it's not surprising for these on-line assets to be restricted with respect to the quantity of substance. There are numerous assets on the web to help you in finding the exact hardware you could profit by. Not terrible, but not great either as to give you a hand, Prime-Essay.</p>

Domestic Violence and the Law Essay Topics

<h1>Domestic Violence and the Law Essay Topics</h1><p>When you are planning to compose a last article in your degree course, you might need to consider various aggressive behavior at home and the law exposition points. This will help guarantee that you capitalize on the accessible exposition options.</p><p></p><p>One of the key issues you should talk about when composing an aggressive behavior at home and the law paper is the significance of looking for the legitimate framework's assistance. Albeit numerous individuals may think this is beyond the realm of imagination, it is a smart thought to advise yourself that the lawful framework is undeniably more able than most of individuals. It will support you in the event that you present the defense that the framework exists to help you.</p><p></p><p>The law shields you from individuals who purposely cause you hurt and ought to hence be urged to go on, in any event, when th e chances are against you. The point you have to make is that the law will consistently work in support of you. It is dependent upon you to exploit this and stand firm for the security you deserve.</p><p></p><p>Writing abusive behavior at home and the law exposition themes can be troublesome. The point you have to recollect is that there are some simple tips you can use to keep things streaming great. The first of these is to start by concentrating on the outcomes of the wrongdoing you are investigating.</p><p></p><p>Remember that the lawful framework is comprised of two individuals - one representing you and one representing the litigant. The two of them have a significant task to carry out, and neither one of the wills do whatever is against the privileges of the other. This is a significant idea to remember.</p><p></p><p>It is additionally critical to consider how this kind of wrongdoing influences you and ho w you have been genuinely harmed by the experience. What it comes down to is that individuals don't care to be dealt with seriously by others. You should then understand that the law shields you from other people who treat you in such a way.</p><p></p><p>Remember that the police headquarters isn't some place you need to be. You would prefer fundamentally not to be in the police headquarters when the police show up. There will be times when you would prefer not to be in the police headquarters either.</p><p></p><p>While there is no uncertainty that aggressive behavior at home and the law exposition subjects can be troublesome, you ought to be set up to put forth the attempt to ensure you are composing a very much examined piece. It is constantly a smart thought to rehearse before you present the work for approval.</p>