Budget Impacts

Unit 8 Assignment

Budget Impacts

I.C. Knott, the Executive Director of CRAC has tendered her resignation from the Commission after confidential sources leaked that she failed to disclose her partial ownership in a company that manufactures cryonic burial equipment and the mortgage on I.C.’s house is held by the Freon Bank. The Freon Bank’s largest depositor and consumer of financial and investment services, is CryBur and I.C. is in default on her mortgage payment. I.C. has stated that she was not the only CRAC Commissioner with undeclared conflicts of interest and has vowed to expose other commission members.

Considering this development, what are some of the possible impacts to the budget you submitted? Will this impact require any modifications to the budget? Clarify the possible issues that can arise from this situation, and prepare a memo, no more than a single page in length to the Interim Executive Director of CRAC (who just so happens to have the same name as your instructor!) describing potential impacts to the budget.

Directions

In addition to fulfilling the specifics of the assignment, a successful paper must also meet the following criteria:

· Include a cover page and references page in 10-12 point font (Arial, Courier, and Times New Roman are acceptable)

· Viewpoint and purpose should be clearly established and sustained

· Assignment should follow the conventions of Standard American English (correct grammar, punctuation, etc.)

· Writing should be well ordered, logical, and unified, as well as original and insightful

· Your work should display superior content, organization, style, and mechanics 

· Appropriate citation style should be followed.

You should also make sure to:

· Include a title page with full name, class name, section number, and date

· Include an introductory and concluding paragraph and demonstrate college-level communication through the composition of original materials in Standard American English

· Use examples to support your discussion

· Cite all sources on a separate reference page at the end of your paper and cited within the body of your paper using APA format

Lastly, please label your projects: username-project-unit#.doc. For example, a student named Tina Allen would name her file TAllen-Anatomical Terminology-Unit 8.doc. Submit your assignment by selecting the Unit 8: Assignment in the Dropbox by the end of Unit 8.

Checklist for the Unit 8 Assignment

Criteria: Ask yourself the following questions.	Not Yet	Yes
Content
Did you identify possible impacts to the budget you submitted in Unit 7 due to the new information about I.C. Knott?
Did you identify whether these impacts require any modifications to the budget?
Research
Is your research current ?
Did you discuss all the required areas in a substantive manner?
Did you use appropriate reference material to support major statements?
Quality
Is your content complete enough to address the topic and questions?
Is there a logical flow to your ideas?
Did you present the material in a clear and concise manner to provide easy readability?
Format
Did you prepare your project as a Microsoft Word document?
Did you label your file correctly?
Did you use APA format to cite your sources?
Did you check your document for grammar and spelling?
Did your paper meet the length requirements?