PSY497A01 Saint Petersburg College Substance Abuse Treatment Discussion
Question Description
Please respond to the following discussion posts
Financial Reporting Mod 7 response
Posted by Dawn
Financial statements reflect the impact different business transactions have on a company or business. The three financial statements, income statement, balance sheet, and statement of cash flows are all connected and dependent on each other. The income statement, sometimes known as the profit or loss statement has a direct link to the balance sheet and cash flow statement. It reflects the increase or decrease in net assets of a company or business resulting from a profit. It primarily focuses on a company’s revenues and expenses during a stated time period. Expenses are directed subtracted from the revenues to reveal the profit or loss which is the net income.The balance sheet provides an overview of a company or businesses assets, liabilities, and equity in a snapshot of time. Typically this snapshot of time coincides with the company’s fiscal year (Murphy, 2019). The balance sheet also identifies how assets are funded such as with debt or liabilities, or equity such as capital. The balance sheet includes accounts receivables and cash. Lastly is the cash flow statement. The cash flow statement represents how well a company generates cash needed to meet its financial obligations, daily operational expenses, and future investments. This helps identify if a business has enough available cash on hand to stay afloat.
These reports are very helpful and tell a lot of important information about a company and its financial health. These reports used together help leadership and investors to make financial projections that can help make decisions about the future of the company.
Reference
Murphy, C. (2019).Financial Statements.Retrieved from https://www.investopia.com/terms/f/financial-statements.asp
Substance abuse Mod 7 response minimum of 50 words
Posted by Jacqueline
The topic of controlled drinking is one that I have become very familiar while doing research and learning for the class group project. From the research and articles I have read, an addiction to alcohol does not always depend on the amount you consume. In fact, an article published by Adi Jaffe makes a similar comparison. He mentions that the amount of alcohol or drug use is not a part of the definition of addiction (Jaffe, 2011). With that in mind, having a “controlled drinking” habit cannot be a goal of curing addiction because addiction is much more.
Those who struggle with addiction may join treatments that require them to be totally abstinent from drugs and alcohol (Jaffe, 2011). This means limiting or eliminating one’s drug intake, and for some, this is not the issue. Being a social drinker or a controlled drinker does not free your from the title of being an “addict.” The issue with addiction is the dependency people fall into. Not being able to function daily without a drink is an addiction, whether it be two drinks or six drinks. The is the issue I find with thinking that “controlled drinking” is the goal or a solution to alcohol addiction.
References
Hester, Delaney, & Campbell (2011). ModerateDrinking.com and Moderation Management: Outcomes of a Randomized Clinical Trial With Non-Dependent Problem Drinkers. Journal of Counseling and Psychology.
Substance abuse Mod 7 response minimum of 50 words
Posted by Chelsea
I think that when it is expressed that someone is dependent on alcohol, controlled or “social” drinking is out of the question. I don’t know that I would say that the polar opposite of addiction is controlled drinking because I feel that no drinking would be the complete opposite. However, addiction to me means that one is abusing a substance in a way that it harms themselves, their relations around them, and becomes crippling in many aspects of their life. Controlled drinking allows a person the ability to know when enough is enough, and therefore avoid the act of drinking from interfering with their everyday life functions and relationships. I think it would be difficult to foresee a heroin-dependent person using socially only, if this was even acceptable. Of course, its easier to debate this issue because we are talking about alcohol and its easily accessible, socially accessible, and either we or someone we know does it without any reason for concern. This issue is when someone who has an addiction or is dependent on alcohol not having the will power to only have one drink.
Strategic Planning Mod 7 Response
Failure in Transition from Planning to Implementation
Posted by Julia
Failure rates within strategic plan implementation are often quite high. Fifty to ninety percent of strategic plan’s fail during the implementation phase (Candido & Santos, 2015). One of the main reasons for this high rate of failure is lack of communication between leadership and all of the members of an organization (Candido & Santos,