Computing Simple Interest and Annual Rates of Yields

Calculating interest can seem complex, especially when the terms "rate" and "yield" are involved. Right next to the annual percentage rate (APR) you often find the annual percentage yield (APY). The APY always is a higher percentage rate than the APR.


Computing simple interest is easy when using the following formula with these abbreviations and values: simple interest (I) = 5 percent, principal (P — your investment), APR (R) interest expressed as a decimal. In this case R = 0.12, P = $10,000, and Time (T) = 1 year.


Using the formula I = R x P x T, the simple interest for the amounts in the example are


I = $10,000 x 0.12 x 1

Therefore, I = $1,200

When analyzing which of several savings investments is best, you need to compare their annual rates of yield (APY). A higher APY usually offers the greater yield for investing. Interest can be compounded daily, monthly, or annually. How interest is compounded affects your APY (the amount of your return). APY takes into account the compounding of interest on already compounded interest. The following example shows the APY when interest is compounded monthly. APY is calculated by taking one plus the periodic rate and raising it to the number of periods in a year.


For example, using a standard compound sum of an annuity table, a 1 percent per month rate has an APY of 12.68 percent per year. Now your $10,000 investment is multiplied by the APY of 12.68 percent. Your investor’s return for the year is $1,268. The formula looks like this:


APY = $10,000 x .1268 = $1,268

Short-term investing means putting your money where it can make more money by earning interest. Unfortunately, to be able to get the reward of more interest, you must either take on more risk or invest for a longer period of time.


The following table compares different types of investments and indicates the range of interest rates they earn. When looking at these general guidelines, keep in mind that interest rates constantly fluctuate, and your personal tax situation affects how much your investments actually gain.






























Comparing Savings Options
Time Frame for SavingsInvestment TypeAPY (Annual Percentage Yield)
Less than a yearMMDAs, money market funds, CDs, and Treasuries that mature in
less than one year
0.02 to 1.7 percent
One to three yearsMMDAs, money market funds, one- to three-year CDs, and Treasury
securities
1.7 to 3.0 percent
Three to five yearsThree- to five-year CDs and Treasury securities3.0 to 4.3 percent
Five to seven yearsSeries EE savings bonds and Treasury securities3.9 to 4.3 percent



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Source:http://www.dummies.com/how-to/content/computing-simple-interest-and-annual-rates-of-yiel.html

Considering Who Jesus Claimed to Be

People often think of the President of the United States as one of the most powerful people in the world. Perhaps that idea's due to the fact that he's got so many names, roles, and titles associated with his office. Although President is the official job title, the person holding it also has several other titles: commander-in-chief as head of the U.S. military; head of state as ceremonial leader of the nation; executive branchas the third distinct branch of the U.S. government; and leader of the free world, an informal title that the U.S. President has held since the end of World War II. So, while all these names express different roles, they all point back to the same person.



Similarly, the Bible says that Jesus often described himself using a lot of different names or roles. At first glance, you may think he comes across as a scatterbrain or a member of the Title-of-the-Month club. But when you start to look at them side by side, you see that all the titles actually fit neatly together to provide what Christians believe is a clear, all-around picture of who he was (and is, as Christians believe he still lives). Consider the following references to Jesus:



  • Messiah (or Christ): The Hebrew word Messiah (translated as Christ in Greek) means "anointed one," or the one God sent to earth to free people who believe and trust in him. The scriptures of the Hebrews talked much about a coming Messiah, so the Israelites were on the lookout for the "chosen one" for centuries. When Jesus began his ministry, he claimed that he was the Messiah that they were waiting for (check out John 4:25–26).

  • Son of man: Son of man is a term that the Old Testament book of Daniel uses to refer to the coming Messiah (see Daniel 7:13). It emphasizes the humanity of Jesus (who Christians believe was the Messiah) and his role as the ultimate, perfectly sinless man. This is the title Jesus seemed to favor over others, as he refers to himself as the Son of man more than 80 times throughout the Gospels. His preference may have been due to the fact that it expressed who he was to people without being as theologically charged as the name Son of God was.

  • Son of God: Son of man is a term that emphasizes the Jesus' humanity, but the term Son of God expresses the Christian belief regarding his divinity as a member of the Trinity. "Son" expresses a distinction from God the Father, but it doesn't imply that he's any less God than the Father.

  • God himself: Although the name "Son of God" implies divinity, the Bible tells that Jesus went even further on occasion and described himself as equal with God — and even outright claimed to be God. Jesus said at one point, "I and the Father are one" (John 10:30). In other words, as the Son of God, Christians believe that Jesus isn't just a super-man or an angel, but that he's literally equal with God the Father. He said that he should receive the same honor that's due the Father (John 5:23). In a conversation with Jewish leaders, Jesus said, "Before Abraham came into being, I AM" (John 8:58). Basically, Jesus was saying that he is eternal, having existed (in heaven) before Abraham — who the Bible calls the "father of the Jews" and who had lived some 1,000 years before. What's more, "I AM" was a likely reference to God's holy name ("I AM WHO I AM" in Exodus 3:14).

  • Only True Path to God: Jesus emphasized that the only way one has access to God the Father is through him. He said flat out, "I am the way, the truth, and the life. No one comes to the Father except through me" (John 14:6). Jesus also used other word pictures to illustrate his primary role in saving the world, including:

Bread of life: "I am the bread of life. He who comes to me will not be hungry, and he who believes in me will never be thirsty" (John 6:35).


Light of the world: "I am the light of the world. He who follows me will not walk in the darkness, but will have the light of life" (John 8:12).


Access door: "I am the door. If anyone enters in by me, he will be saved, and will go in and go out, and will find pasture" (John 10:9).


  • Good Shepherd: In the agricultural society of first-century Palestine, shepherding was a common job. Shepherds watched over their flocks of sheep and protected them from wolves, thieves, or stormy weather, often on a 24/7 basis. The Bible says that Jesus used the analogy of a shepherd to describe his purpose, saying that he is the "good shepherd" (John 10:11), caring, protecting, and sacrificing for his sheep. The Old Testament Book of Ezekiel also shows the shepherd analogy when the Lord says, "I myself will be the shepherd of my sheep" (34:15).

  • King: Jesus accepted the title of king when Pilate asked him during his trial whether he was King of the Jews, meaning the Messiah that the Hebrew scriptures prophesied about. Jesus said, "You are right in saying that I am a king. For this reason I have been born, and for this reason I have come into the world, that I should testify to the truth. Everyone who is of the truth listens to my voice" (John 18:37).

Although Christians believe all these terms appropriately describe Jesus, they also recognize truth in the old saying, "Actions speak louder than words." The Bible says that Jesus undertook certain actions (or promised that he'd perform them in the future) that Christians believe only God has the power to perform, such as forgiving sins (Mark 2:10), raising the dead (John 6:39–40), judging humans in the future (John 5:22), and giving life (John 5:26). Therefore, Christians believe these actions back up Christ's claims, which in turn strengthens their belief that Jesus was (and is) God.










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Source:http://www.dummies.com/how-to/content/considering-who-jesus-claimed-to-be.html

How to Block Hats, Mittens, and Socks

Blocking hats, mittens, socks, or other three-dimensional pieces of knitting or crochet isn't hard at all. To block a three-dimensional piece of knitting or crochet, you use traditional blocking techniques but with a few adjustments.



  • Hats: You can steam-block hats while they lie flat, one side at a time. Or find a mixing bowl that’s the right size, wet your hat, and drape it over the upside-down bowl to dry. Styrofoam heads designed to hold wigs are also great for blocking hats. If you’ve made a tam or beret, you can block it over a dinner plate. Be inventive!



  • Socks and mittens: Use a blocker — wooden sock and mitten-shaped templates that have biscuit-type holes cut out to aid air circulation. They come in various sizes for your different projects. Simply wet down your socks or mittens, gently pull them on over the forms, and let them dry to smooth perfection.



  • Sweaters worked in the round: You can use wet blocking, spray blocking, or steam blocking. Lay out the completed sweater, arranging it according to the dimensions of your schematic.


    If you plan to make most of your sweaters in the round, consider investing in a wooly board, an adjustable wooden frame with arms that you can dress in your wet sweater. After the sweater dries, take it off the frame and — voilà! — your sweater is flat, smooth, and even.






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Source:http://www.dummies.com/how-to/content/how-to-block-hats-mittens-and-socks.html

Establish a Social Influence Marketing Game Plan

Marketing via social media means marketing directly to influencers — rather than consumers. And social influence marketing (SIM) requires a whole new game plan. Establish your SIM campaign with these tips in mind:




  • Develop social influence marketing (SIM) guidelines for your organization. It provides critical guidance for your employees as they practice social influence marketing.




  • Establish clear objectives for your social influence marketing efforts. Don't experiment for the sake of experimenting.




  • Create a roadmap for your social influence marketing efforts to help you plan resources, conduct research, coordinate marketing programs, and deploy new tactics.




  • Define your metrics for success up front before you execute your roadmap.




  • Recognize that SIM programs don't have neat end dates. Plan your resources and budget carefully to allow for continuous nurturing.




  • Make sure you understand your customer base — who talks to each other and who influences who — before launching any program.





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Source:http://www.dummies.com/how-to/content/establish-a-social-influence-marketing-game-plan.navId-323648.html

Droid 3 Help and Support

If your Droid 3 ever has serious trouble or quits working altogether, here's a smattering of trusted places to check out for help.


Motorola



Verizon Wireless



Google Support










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Source:http://www.dummies.com/how-to/content/droid-3-help-and-support.html

Local Search Online for Local Businesses

If you have a business that provides goods and services in a particular location, local search is hugely important to you. Wouldn’t it be great if your business were one of the “pins” in the map at the top of the search results? Here’s how it happens:



  • The local-search indexes are separate from the regular “organic” search information. The search engines gather this data from various business-record sources. But you can modify and add to the data, and in fact doing so is one of the most important things you can do to help yourself rank well in local search.



  • In Google, click the More or Reviews links to go to the business page; then, click the Business Owner? link at the top of the page. (You have to verify that you are the owner of the business by a code sent to your business phone, or a postcard sent to the location.)



  • Add as much data as possible: information about your products and services; pictures; videos; and so on. Use all the important keywords!



  • Do the same for Bing and Yahoo!.



  • For the moment, Yahoo! manages its own local-search directory. However, at some point this may be handed off to Bing as part of the Yahoo!/Bing merger.



  • Consider also submitting to UBL.org, which will forward your data to dozens of other local-search systems.



  • Keep track of your reviews, and encourage your customers to submit reviews. The local-search systems often display star ratings in the search results, so having five stars can encourage people to click the link to your information.



  • You might also consider Google Tags and similar services. These help your listing take up more “real estate” on the page and encourage clicking.






dummies

Source:http://www.dummies.com/how-to/content/local-search-online-for-local-businesses.html

How to Deal with Inventory Shrinkage

A chronic inventory headache that many business owners and business managers have to deal with is inventory shrinkage. QuickBooks 2012 can help you deal with this problem. It’s very likely, sometimes for the most innocent reasons, that your inventory records overstate the quantity counts of items.


When this happens, you must adjust your records. Essentially, you want to reduce both the dollar value of your inventory and the quantity counts of your inventory items.


Following is the journal entry that QuickBooks makes for you to record this event. This journal entry debits an appropriate expense account — in Journal Entry 9, the expense account is shrinkage expense — for $100. A journal entry also needs to credit the inventory account for $100.




















Journal Entry 9: Recording Inventory Shrinkage
AccountDebitCredit
Shrinkage expense100
Inventory
100

Within QuickBooks, you don’t actually record a formal journal entry like the one shown here. You use something called a physical count worksheet to adjust the quantities of your inventory item counts to whatever they actually are. When you make this adjustment, QuickBooks automatically credits the inventory account balance and adjusts the quantity counts. QuickBooks also requires you to supply the expense account that it should debit for the shrinkage.


In the old days, businesses compared their accounting records with the physical counts of inventory items only once a year. In fact, the annual inventory physical count was a painful ritual that many distributors and retailers went through.


These days, most businesses have found that it works much better to stage physical inventory counts throughout the year. This approach, called cycle counting, means that you’re probably comparing your accounting records with physical counts for your most valuable items several times a year.


For your moderately valuable items, you’re probably comparing your inventory accounting records with physical counts once or twice a year. With your least valuable inventory items, you probably only irregularly compare inventory records with physical counts, and you may accept a degree of imprecision.


For example, rather than counting screws in some bin, you may weigh the bin and then make an estimate of the screw count. In any case, you want some system that allows you to compare your accounting records to your physical counts. Inventory shrinkage and inventory obsolescence represent real costs of doing business that won’t get recorded in your accounting records in any other way.




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Source:http://www.dummies.com/how-to/content/how-to-deal-with-inventory-shrinkage.html

Ten Great Smoking Substitutes

To succeed at quitting smoking, you need to replace the habit with something else. You want to replace the cigarette habit with a healthier one. Here are ten good habits that you can substitute for the bad habit of smoking:



  • Working Out: If you find yourself feeling jittery or stressed as you quit smoking, you may want to give exercise a try. Not only is a workout such as jogging, tennis, or walking good for almost anybody, but it’s also a great way to calm your nerves.



  • Taking extra leisure time: How much time did you spend each week getting and then smoking cigarettes? Take up a personal pursuit or hobby you have been putting off due to lack of time.



  • Drinking lots of fluids: Drinking lots of fluids actually promotes your attempt to quit. Increased amounts of fluids literally help wash out some of the toxins and pollutants that have accumulated in your body as a result of using tobacco.


    Stock up on orange juice. Some evidence suggests that cigarettes burn up ascorbic acid, or vitamin C, in the body, so replenishing your body’s stores of vitamin C either with citrus juices or with tablets (100 to 500 mg a day) is a good idea.



  • Meditating: Meditation is one of the most powerful and gratifying tools you have available to you. The beauty of meditation is that it’s easy to learn and extremely portable. You can meditate anywhere and at almost any time.


    Start by taking a deep breath and visualizing the inrushing air as cool, cleansing, and filling every part of your body with clarity, peace, and calm. Continue your deep, regular breathing. Use a slow, measured count of four for the inhalation, four for the held breath, four for the exhalation, and four for the pause before restarting. Feel the oxygen expanding into the furthest reaches of your body.


    Starting with your toes and then working up, alternately clench and relax each body part, spending as much time as necessary to instill a poise, a kind of relaxed alertness, in each limb and muscle. As you proceed, keep visualizing the incoming breaths as cleansing, wiping out the day’s thoughts and cares. You’re aiming for stillness, for awareness that’s not clouded or distracted by errand lists, snatches of a song, or thoughts of “I.”



  • Focusing your energy outward: Focusing your mental energy, your perceptions, and your immediate responses to the world outward is a great strategy for quitting success and for success in general.


    When every fiber of your being is crying out for a smoke, you can resist by turning your attention outward from your body to something else. The person standing next to you at the bus stop ¯ what does she look like? What happens if you say hello to her? What is she wearing? Do you think she’s going to a safe, pleasant place, or does she have her own inner struggles that she has only partly succeeded in masking from the rest of the world?



  • Using nicotine replacement therapies: Tobacco substitutes, including the patch, nicotine gum, nicotine aerosol, inhaler, and Zyban, can help you free yourself from nicotine entirely, but giving yout the nicotine your body craves without the accompanying toxins.



  • Falling for fruits and vegetables: Rethinking many of your tastes and preferences is a fundamental aspect of quitting smoking. You need to learn to appreciate and value totally different tastes and sensations. Think about celery ¯ the cleanness of it. Or spinach ¯ can you smell it? Can you taste the difference between romaine, Boston, and iceberg lettuce?



  • How do you feel about a cold, luscious peach on a hot summer day? Constant exposure to chemicals like nicotine dumbs down your palate. You achieve the opposite result of refining and upgrading your taste buds when you stop tampering with the delicate symphony of taste and smell.



  • Visualizing health: The visualization thing is a double-edged sword. On the one hand, it’s important to appreciate the impact that seeing things the way you want them to be has on your life and feelings. On the other hand, it’s also important not to blame yourself for the bad things that come your way.



  • Changing your priorities: As a smoker, your priorities include making sure that you always have enough cigarettes on hand. Smokers’ priorities also include having that first cigarette of the day, as well as self-medicating throughout the day so that their nicotine levels (and thus their mood and energy level) never run too low. Rather than gratifying the cravings and needs of today, actively decide to live in and enjoy the body you were.



  • Redesigning your interior: When you think about it, though, the effort to make yourself over begins inside. It flows outward from the heart and mind and feelings. It is interior redesign.



  • What does the inside of your mental home look like now? Is it gracious, full of light, comfortable, and spacious, or is it a “carpenter’s dream,” begging to be renovated?



  • The way you want to be is solid, consistent, and steady. You decide what you want in life, and then you mobilize what it takes to get it.













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Source:http://www.dummies.com/how-to/content/ten-great-smoking-substitutes.html

Coordinating Breath with Tone for Singing

When you have your throat space open, you want to coordinate breath with tone to sing. You want the movement of the air to happen at the same time the tone starts.


Try these three ways of coordinating breath and tone:



  • Whistle: Whistling requires that you move some air between your lips as you make tone. This coordination of breath is similar to singing. Whistle a tune or whistle at an attractive person. Notice how your body moves. You can’t whistle without using air, and the air movement and start of the tone happen simultaneously.



  • Laugh: Laughter is mostly about connecting air with the start of the tone. Take a few minutes to explore that feeling of boisterous laughter. Let the sound vary in pitch and change to higher and lower pitches as you extend the laughter.


    Notice the movement in your body as you laugh. More than likely, your body moves so that your lower abs (that’s short for abdominal muscles) move in and your sides move out as you exhale to make the sound.



  • Play: Pretend that you’re on the playground, having a blast on the swing or the merry-go-round. Kids often exclaim “Weeeeeeeee!” when they’re delighted by moving fast. The “Weeeeeeeee” may start on a high pitch and gradually slide down, or you might extend the sound without changing pitch. Notice that this exclamation is clear and that you’re moving breath as you sustain the sound.




After you explore these three suggestions, try singing part of a song to notice the flow of your air as you start the beginning tone of each phrase. You want the air to be moving consistently the entire time you sing, and you want the open space to remain open as you sing.




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Source:http://www.dummies.com/how-to/content/coordinating-breath-with-tone-for-singing.html

Point with the Arrow While Showing Your PowerPoint 2007 Presentation

What do you want to do with the arrow pointer during a PowerPoint presentation? Most people opt not to show it because it’s a distraction. You can, however, display the arrow pointer and use it to point to important parts of slides. During a discussion of the data in a table, for example, you can point to different numbers and number totals. Follow these instructions to show or hide the arrow:



  • Showing the arrow: Press A or = (the equals sign), click the Pen button and choose Arrow Options→Visible, or right-click and choose Pointer Options→Arrow Options→Visible.



  • Hiding the arrow: Press Ctrl+H or click the Pen button and choose Arrow Options→Hidden.






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Source:http://www.dummies.com/how-to/content/point-with-the-arrow-while-showing-your-powerpoint.html

Useful Accessories for Shooting Digital Video

When you start shooting video with your digital SLR, you enter a brave new world. And that brave new world comes with goodies designed to make your life as an aspiring videographer for the Discovery Channel much easier. Here are some useful accessories:



  • UDMA (Ultra Direct Memory Access) memory card: When you shoot video, you’re capturing lots of frames per second. If you try to capture video with a standard memory card, you may end up dropping frames, which results in choppy motion.


    If you capture video with a UDMA video card, the memory card captures every frame your camera records. Memory cards are fairly inexpensive these days. A 16GB card records lots of video, and you can also record an impressive amount of stills before filling up the card. If your budget can afford it, get a couple of 16GB UDMA cards for your camera bag.



  • Steadicam: This is a device with weights and balances that you wear. The device lets you walk with the camera and capture smooth video. Steadicams are expensive, but if you enter the words “homemade steadicam” in your favorite search engine, you’ll find plans to create a homemade camera stabilizer that won’t break the bank.



  • LCD monitor hood: When you capture video, your monitor is your window to the world. Several manufacturers create monitor hoods with attached eyepieces that make it easy for you to see what you’re recording even on a bright day.



  • A stable tripod: When you shoot video, you pan the camera. You need a stable tripod that can support double the weight of your camera. This gives you a fudge factor to ensure the tripod stays firmly rooted to the ground while you’re panning. A light tripod is a plus.


    Hang your camera bag from the hook in the middle of your tripod. The extra weight helps anchor the tripod.



  • Fluid ball head: A fluid ball head replaces the standard head on your tripod. The fluid inside the head makes it possible for you to pan smoothly.




You can find lots of video accessories that are engineered for digital cameras at online camera retailers like Adorama and B&H Photo and Video.











dummies

Source:http://www.dummies.com/how-to/content/useful-accessories-for-shooting-digital-video.html

T'ai Chi Terms to Know

T’ai Chi has its own lingo, like any other practice. The terms in the following list represent the basic concepts you need to know to enhance your practice of T’ai Chi:



  • Chi: Otherwise known as "life energy," chi is the life force that pulses through your body and keeps you vital. Blocked chi can cause sickness or unhappiness.



  • Meridians: Also known as "energy pathways," these are the streets, roads, and byways in your body through which energy flows. These pathways can get "kinked" from poor health and stress and, therefore, can block energy from flowing through your body.



  • Dan Tien: Literally meaning "elixir field," this area is located approximately between your navel and pubic bone and is a storehouse of body energy.



  • Yin and yang: The terms for opposites that are opposing, yet complementary. A concept used throughout all of T’ai Chi and Qigong.






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Source:http://www.dummies.com/how-to/content/tai-chi-terms-to-know.html

Network Server Setup: Software Installation Toolkit

The physical parts of the network are in place! After the server computer is attached to the network, you can install the network operating system (NOS) and other software on the server but there are several tools you will need to collect first.


The server operating system


You’ll need either the distribution CDs or DVDs or access to a copy of them over the network. In addition to the discs, you should have the following:



  • The product key: The installation program asks you to enter the product key during the installation to prove that you have a legal copy of the software. If you have the actual CDs or DVDs, the product key should be on a sticker attached to the case.



  • Manuals: If the operating system came with printed manuals, you should keep them handy.



  • Your license type: You can purchase Microsoft operating systems on a per-server or a per-user/per device basis. You need to know which plan you have when you install the NOS.




Check the CD or DVD distribution disc for product documentation and additional last-minute information. For example, Windows servers have a \docs folder that contains several files that have useful setup information.


Other software


In most cases, the installation program should be able to automatically configure your server’s hardware devices and install appropriate drivers. Just in case, though, you should dig out the driver disks that came with your devices, such as network interface cards, SCSI devices, DVD drives, printers, scanners, and so on.


A working Internet connection


This isn’t an absolute requirement, but the installation will go much smoother if you have a working Internet connection before you start. The installation process may use this Internet connection for several things:



  • Downloading late-breaking updates or fixes to the operating system. This can eliminate the need to install a service pack after you finish installing the NOS.



  • Locating drivers for nonstandard devices. This can be a big plus if you can’t find the driver disk for your obscure SCSI card.



  • Activating the product after you complete the installation (for Microsoft operating systems).




A good book


You’ll spend lots of time watching progress bars during installation, so you may as well have something to do while you wait.




dummies

Source:http://www.dummies.com/how-to/content/network-server-setup-software-installation-toolkit.html

Insert Images into Page Designs for iPhone

You can insert images into web pages designed for the iPhone and iPad just as you would insert them into any other web page, using the HTML image tag.


The following well-crafted image tag inserts a photograph that’s 320 pixels x 110 pixels and is saved as a JPEG:


<img src="Glass-Artwork.jpg" alt="Glass Trestle" height="110" width="320" />

This list describes a few best practices for inserting images into any web page. These practices are especially important when you’re designing for the mobile web:



  • Use Alt text. Be sure to include alternative (Alt) text to describe the image. If your users are in areas where connections to the mobile web or Wi-Fi hotspots are iffy, they may have chosen to turn off the display of images. In this case, the Alt text may be all your visitors see.


    If you insert a logo or another image with text, be sure to include the text in the Alt field of the image tag.



  • Limit the size of images. Use a relatively narrow width (320 pixels or smaller) to fit within the limited space of the basic iPhone screen. Another workaround is to specify the width using a percentage so that the image automatically adjusts to the screen size.


    For example, if you set the size attribute in the image tag to width=95%, the image fills 95 percent of the width of the display area. If you use a percentage for width, you don’t need to specify a height.



  • Specify a height and width for each image. Using the height and width attributes, as shown in the earlier image tag code example, helps the mobile Safari browser load pages more efficiently because the browser doesn’t have to download each image before it can determine its height and width.



  • Use supported image formats. Apple devices can display JPEG, PNG, and GIF images — even animated GIF images.






dummies

Source:http://www.dummies.com/how-to/content/insert-images-into-page-designs-for-iphone.html

The Essentials of Creating a Digital Vacation Slide Show



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Source:http://www.dummies.com/how-to/content/the-essentials-of-creating-a-digital-vacation-slid.html

Choosing a Public Relations Firm for Your Business

Turn to public relations agencies when you want to get coverage of your business in the media. Public relations firms are public relations specialists. Use a public relations agency if



  • Effective PR is crucial to your success and you can afford the going rates.



  • Your company is marketing-oriented.



  • You want fresh thinking, outside objectivity, and a more creative approach to PR.



  • You need help planning promotions, introducing new products, and selecting target markets.




Don’t hire an agency



  • Because you’re trying to cut costs.



  • Because you think you don’t have time to do it yourself. When you hire an agency, you’re hiring creativity coupled with PR expertise — and not just another pair of hands.



  • If you’re certain that only you know the best way to promote your business.




These tips can help you select the PR firm that can best serve your company:



  • Find a PR agency with expertise in your area. By choosing an agency that already has some experience in your industry, you save yourself the costly and time-consuming process of educating its staff from scratch.



  • Don't hire an agency with more capabilities than you need. To save money without sacrificing service or quality, select an agency that offers only those communications services you need.



  • Make sure that the agency is the right size for you. Make sure that your agency is small enough to consider your account profitable and worth its best efforts, yet large enough to have the resources to get the job done.



  • Ask to see the agency’s work. Examine a prospective agency’s portfolio of press clippings and client case studies.



  • Get the names of some current and past clients and talk with those clients. Find out what the PR agency did for them and whether the results were worth the fees.


    Ask the PR agency for the names of two or three clients who fired them. Find out why the PR firm was fired. If it was for lack of results, that’s bad. If it’s because the PR firm’s ideas were too daring and the client was afraid to try them, maybe you’re more daring and won’t be so afraid.



  • Make sure that the agency is sympathetic with the needs of small business. Explain to prospective agencies that your money is limited and your goal is to create PR campaigns that increase sales.



  • Check the personal chemistry. If you don’t like the people who will be working on your account, or if you sense they don’t like you, look for another PR firm; it’s not a good fit.



  • Be clear about fees. Have the firm spell out what they'll do and the level or degree of activity you can expect for your investment.



  • Don't rush it: Meet with at least three different public relations agencies so that you can see the different perspectives from which they approach PR in general, and your business problems in particular.






dummies

Source:http://www.dummies.com/how-to/content/choosing-a-public-relations-firm-for-your-business.html

How to Buy a Piano

Buying a piano can be as much fun as buying a car — generally without the pushy salesperson. You get to test drive different instruments to find the one that suits you best.


Surfing the Internet can be great for comparing keyboards and getting a handle on digital lingo. Virtual showroom tours, product demonstrations, and used and new price quotes abound. You can certainly find some available models that your local dealer doesn’t carry and preview some models and features that manufacturers are planning to introduce.


Taking a test drive


No matter what kind of music store you walk into, the pianos and keyboards are there for you to try out. Go ahead — touch it, play it. Push the buttons and turn the volume up and down. If it’s a piano, have a seat and play a while. It’s just you and the keyboard . . . and the other customers and salespeople standing around listening.


If you’re shopping for a digital keyboard, keep in mind that keyboards may be routed through processors, effects, and other digital enhancements to make them sound better. Kindly ask the salesperson to turn off all effects so that you can hear the keyboard as is.


Notice the following about each piano or keyboard you try:



  • Is the overall sound full or wimpy, bright or dull?



  • Do long notes actually last as long as you play them?



  • On an acoustic piano, do the top five keys sound good, not metallic? Do the lower five keys sound good, not thick and sloppy?



  • Do you get a quick response when you play the keys? Is the keyboard too sensitive, or not sensitive enough?



  • Do your fingers have enough room on the keys?




If you like the sound and feel of one particular piano or keyboard, take a good look at it. Do you like the size, color, and overall look? Can you be happy with it taking up half of your living room for the next 25 years? Can you make out any noticeable dents or scratches that would signal you that this is a used piano? Used pianos can be great buys, but not if they’re selling at new prices.


Negotiating price


You found the perfect keyboard for you, and you’re in love. Your next step is to leave the store with a polite “I’ll think about it” to the hovering sales manager. Spend the next few hours or days searching for that identical piano at a lower price. When you’re 100 percent sure that you can’t find it cheaper and still can’t live without it, head back to the store and start negotiating.


Many people think that the art of negotiating a price is reserved for car buying and movie star contracts. On the contrary, the sticker price on a piano is merely a starting point. Generally, you can hope to get anywhere from 10 to 15 percent off the sticker price. The closer you pay to the dealer’s asking price, the more likely the salesperson is to throw in freebies like delivery to your home — which can sometimes cost as much as $300 — or a free year of tuning, piano cleaner, or fuzzy dice. A deal can work the other way, too: If you’re buying accessories like a keyboard stand, amplifier, some software, and some cables, the salesperson will be more receptive to making a deal.


Start negotiating a price with the salesperson only after you’re pretty darn sure you’re going to buy that particular instrument. If you’re not going to buy it, don’t waste the salesperson’s time by trying to reduce the price just so you know how much she’s willing to move. And using price quotes from two or three different stores is manipulative and unfair, and you probably won’t win. When you tell Piano Superstore that Pianos ’R Us can beat their quote by $1,000, the Piano Superstore salesperson is likely to say “Then go buy it from Pianos ’R Us.”


Go in the store with an absolute maximum dollar amount in your head. When you’re sure about a particular model, sit down with the salesperson and ask for the best price she can offer on that piano. If you get an answer equal to or less than the maximum figure in your head, shake hands and write the check. If the price is nowhere close to what you’re comfortable paying, stand up and say, “Well, thank you very much. You have my number if you change your mind.” Remember, there are more piano stores and more piano models in this world.


A piano store is a store like any other, complete with sales at key times during the year. For example, Memorial Day is always a big piano-buying time. Shop around, and then keep an eye out for sales and promotions.


Finding good buys (and avoiding scams)


If you shop around and find a piano for a ridiculously low price — far lower than the same model anywhere else in town — it’s either used, broken, or a Memorial Day sale to really remember. Be smart about any deal that seems too good to be true. To ensure that you’re getting a good deal on a quality instrument, hire a professional to look the piano over before you purchase it, even if — maybe especially if — you’re buying a used piano.


That said, you can find bargains if you choose pianos with a few miles on them:



  • Used: Be patient and take a look at a variety of instruments. There are many very good pianos out there, and sometimes people need to sell them for perfectly reasonable reasons. Check the papers, check online lists, and if you find your dream piano at a garage sale, the low, low price is not necessarily an indication of anything wrong. You may just find a perfectly good piano with many glorious years left in it for a fraction of the cost of a new one.


    Cosmetic dings don’t affect the sound quality, so the value of your piano’s outer beauty is up to you to decide. It’s the inner beauty that counts.



  • Demo: Demo models are also good buys. Stores frequently loan pianos to local universities or concert halls for use by students, competitions, and guest artists. Even if it has been used only one time, the piano can no longer be sold as new. Of course, pianos don’t have odometers, so you have to take the dealer’s word for just how used a piano really is, but most dealers will be honest about this point.






dummies

Source:http://www.dummies.com/how-to/content/how-to-buy-a-piano0.html

Set Incoming Call Volume on the Droid Bionic

Whether the phone rings, vibrates, or plays a ringtone depends on how you’ve configured the Droid Bionic to signal you for an incoming call. Abide by these steps to set the various options for your phone:



  1. On the Home screen, touch the Launcher button to view all apps on the phone.



  2. Choose the Settings icon to open the phone’s Settings screen.



  3. Choose Sound.



  4. Set the phone’s ringer volume by touching Volume.



  5. Manipulate the Ringtone slider left or right to specify how loud the phone rings for an incoming call.


    After you release the slider, you hear an example of how loudly the phone rings.



  6. Touch OK to set the ringer volume.


    If you’d rather just mute the phone, touch the Silent Mode option on the main Sound Settings screen.



  7. To activate vibration when the phone rings, touch Vibrate.



  8. Choose a vibration option from the Vibrate menu.


    For example, choose Always to always vibrate the phone or Only in Silent Mode so that the phone vibrates only after you mute the volume.



  9. Touch the Home button when you’re done.




When the next call comes in, the phone alerts you using the volume setting or vibration options you’ve just set.


Turning on vibration puts an extra drain on the battery.











dummies

Source:http://www.dummies.com/how-to/content/set-incoming-call-volume-on-the-droid-bionic.html

Performing Common QuickBooks 2011 Tasks

To perform a common accounting or bookkeeping task in QuickBooks, use these commands. When QuickBooks displays the commands window, you just fill in the boxes and press Enter.















































































































































To Do ThisChoose This QuickBooks Command
Dealing with Customers
Invoice a customerCustomers→Create Invoices
Record a cash saleCustomers→Enter Sales Receipts
Issue a credit memoCustomers→Create Credit Memo/Refunds
Record a customer paymentCustomers→Receive Payments
Banking Activities
Pay a bill with a checkBanking→Write Checks
Buy inventory with a checkBanking→Write Checks
Move money between bank accountsBanking→Transfer Funds
Deposit money in a bank accountBanking→Make Deposits
See a bank account’s transactionsBanking→Use Register
Reconcile a bank accountBanking→Reconcile
Working with Vendors
Prepare a purchase orderVendors→Create Purchase Orders
Record when items are receivedVendors→Receive Items or Vendors→Receive Items and
Enter Bill
Record an accounts payable amountVendors→Enter Bills or Vendors→Enter Bill for
Received Items
Managing Employees
Preparing employee payrollEmployees→Pay Employees→Scheduled Payroll (or
Unscheduled Payroll)
Paying tax depositsEmployees→Payroll Taxes and Liabilities→Pay Scheduled
Liabilities
Getting Financial Information
AccountsLists→Chart of Accounts
CustomersCustomers→Customer Center
InventoryLists→Item List
VendorsVendors→Vendor Center
EmployeesEmployees→Employee Center
Profit and lossReports→Company & Financial→Profit & Loss
Standard or one of the other profit & loss reports on Company
& Financial submenu
Net worthReports→Company & Financial→Balance Sheet
Standard or one of the other balance sheet reports on the Company
& Financial submenu
Managing the QuickBooks System
Setting up a new companyFile→New Company
Resetting company informationCompany→Company Information
Backing up data fileFile→Create Backup or Create Copy
Restoring a data fileFile→Open or Restore Company
Customizing QuickBooksEdit→Preferences
Adjusting accounting dataCompany→Make General Journal Entries



dummies

Source:http://www.dummies.com/how-to/content/performing-common-quickbooks-2011-tasks.html

Phone Numbers to Have Handy during Your Baby&#8217;s First Year

As a new parent, you’re nervous enough during your baby’s first year, and the last thing you need is to not be able to find a phone number when you need it. Make a list of key phone numbers and post it in a prominent place — or several places — so that you don’t add to your stress at a stressful time. Some of the numbers to put on your list include those for the following people and services:



  • Pediatrician



  • Local emergency room



  • Local poison control



  • Poison Control Emergency: 800-222-1222



  • Daycare/Sitter



  • Mom’s cell phone



  • Dad’s cell phone











dummies

Source:http://www.dummies.com/how-to/content/phone-numbers-to-have-handy-during-your-babys-firs.html

Audio for the Mobile Web

Getting sound to come out of an iPhone or iPad seems like a no-brainer, right? After all, they were designed to play sounds and even sync with users’ iTunes audio libraries.


If you haven’t already added audio content to the mix on your website, take a look at some possible innovative uses for audio that mobile users might want to have at their fingertips — for convenience, to pass the time productively, to better answer a question, or to solve a crisis situation while they’re away from the home or office, for example:



  • Nature: Include examples of birdcalls or wild animal noises to help birdwatchers identify birds (or grouchy mama bears) by sound while in the field.



  • Travel: A bed and breakfast might provide audio directions for motorists who are driving, who can’t (and shouldn’t) take their eyes off winding country roads to continually check the small print on a mobile screen.



  • Religious: Members of a congregation can hear the latest sermon, hymns, or meditation.



  • Health: Demonstrate exactly what a dangerous whooping cough sounds like as opposed to one resulting from the common flu.



  • Music: Short teaser clips of musical works can incentivize fans to download higher-quality versions.



  • Health and fitness: A personal trainer talks users through a special workout program that they can follow at the gym.






dummies

Source:http://www.dummies.com/how-to/content/audio-for-the-mobile-web.html

Marketing Your Home Recordings Yourself

You don't have to be a marketing guru, to create a nice niche for yourself and your music. All it takes is a little imagination and a lot of hard work. In the following list, are a few ideas that have worked for other enterprising, independent artists:




  • Take yourself seriously. Take the job of promoting and selling your music seriously — treat it as a business. Getting people to notice and buy your music is a lot of work, but it doesn’t have to be a drag (if it is, you’re better off getting someone else to do it for you).




  • Get organized. Get your new business off on the right foot by developing a habit of keeping track of your sales and developing a contact list. One of the best investments that you can make is to get a contact management database (Act! is a good one for Windows and Now Contact is great for Mac users) to keep track of promotion contacts (newspapers, radio stations, and clubs), CD sales, and fans.


    Also, do yourself a big favor and keep meticulous records of your income and expenses; you’ll be grateful that you did when tax time comes.




  • Create a mailing list. This is one of the most cost-effective and powerful ways that you can start to develop a following. Make a sign-up sheet for your mailing list available at every public appearance. (Ask people to include not only their postal mail address but also their e-mail address.) Then enter those names into your database.


    You can then either send out snail mailings or e-mail notices whenever you play or do anything worth mentioning.




  • Get out and be seen. This one is pretty straightforward. Get out in the world and let people know about your music. This can mean playing gigs or talking about your music.




  • Look beyond the music store. It’s nearly impossible to compete with the labels — indies and majors alike — in the music store. Unless you live in a small town or know of a music shop that has a section devoted to local bands and can sell your CDs, you need to think of other places to put your music.


    For example, one musician has his CD at quite a few of the local businesses in his neighborhood around the holidays. Every place, from the local pack-and-ship to the video store, has a countertop display with his CD. He creates a small poster that fits on the counter describing him and his music. He sells quite a few CDs and gets a handful more gigs each year this way.




  • Capitalize on your style. Another one of musician composes folksy, New Age music, and he managed to get his CDs into a handful of New Age, gift-type shops. He often puts them in the stores on consignment and checks each store once a week to refill the countertop display and collect money that the store took in (minus the store’s cut, of course).


    Going into the stores every week helps him to develop a relationship with the store owners, many of whom have arranged for him to do performances in their stores, increasing exposure and sales.




  • Try something different. For example, team up with a local author and play at her book signings. She can read a passage from her book, and then you can play for a few minutes. Odds are you will end up selling a few dozen CDs at these events.




  • Don’t be stingy. Give away your CD. A good rule of thumb is to count on giving away about 10 to 15 percent of the CDs that you print. These can be for reviews, to try to get gigs, or for any purpose that may spread the word about your music. Giving out your CD as a promotional tool is an inexpensive way to let people know what you’re doing.





dummies

Source:http://www.dummies.com/how-to/content/marketing-your-home-recordings-yourself.html

Target a Sponsor for Your Mom Blog's Custom Ad Campaign

When putting together a customized advertising campaign for your mom blog, you might want to go after a particular sponsor who has much to benefit from being a part of your campaign. Here are some thoughts on how you can do the same:



  • Know what you have to offer. List the things you can do for a company and the assets you have to work with.


    These things would include your social media presence on Facebook and Twitter, the number of readers you have, your popular content, your insights into what your readers love and want to purchase, whatever advertising you can offer, your personal brand and reputation, and the friends who could help you promote whatever campaign you can create.



  • Brainstorm ideas on what you can propose to a company. This is going to be very specific to your blog topic, but think about what you know your readers would get excited about. If you’re a craft blogger, you can approach the maker of a craft material and create a campaign around what you can do with its products.


    If you’re a home décor blogger, you can find a paint brand or home improvement company that can sponsor a contest using its products. If you’re a small-business blogger, you can find products that appeal to solopreneur business owners and write helpful business articles that are brought to your readers by your sponsor for the month.



  • Put together a plan with your readers’ best interests in mind. Any large-scale project like this can fail quickly if it’s too focused on promotion and less on the people you’re promoting to. So be absolutely sure that whatever you plan will ultimately create a great experience for your readers, however that may work.


    Their enthusiasm for your campaign will make or break the eventual outcome, so make sure that there is something big in it for your readers so that they can get invested in the process with you.



  • Put together a professional pitch. To go after big dollars, you’ll need to prove you can deliver on a big scale. You’ll need plenty of data to back up your proposal, because corporations live in a spreadsheet-driven world. It will also help if you have any other case studies of smaller marketing campaigns to showcase that you have the experience to pull off what you’re promising to do.




Ultimately, you may or may not be able to get a company to buy in to your sponsorship idea. The benefits of thinking big like this far outweigh the costs of the time it takes to plan and work on selling the idea.


Even if you aren’t successful this time around, it will raise your credibility and visibility — drastically — with companies who now know they probably want to get in front of your readers. That may also mean that if they do their own social media campaigns in the future, you’ll be the first person they think of when planning their own blogger-outreach campaigns.




dummies

Source:http://www.dummies.com/how-to/content/target-a-sponsor-for-your-mom-blogs-custom-ad-camp.html

How to Verify Bandwidth on an LSP Using Junos

It’s important to check that your RSVP-signaled LSP has the appropriate bandwidth allocation. How can you tell that your RSVP-signaled LSP has the appropriate bandwidth allocation? If you want to look at the characteristics, you use the show rsvp interface command:


user@router1> show rsvp interface 
RSVP interface: 4 active
Active Subscr- Static Available Reserved Highwater
Interface State resv iption BW BW BW mark
fe-0/0/0.0 Up 2 100% 155.52Mbps 155.52Mbps 50Mbps 0bps
fe-0/0/1.0 Up 0 100% 155.52Mbps 155.52Mbps 0bps 0bps
fe-1/0/1.0 Up 0 100% 155.52Mbps 155.52Mbps 0bps 0bps

In this example, router 1 has three interfaces with RSVP enabled. When you look at the reserved bandwidth on the router, you need to know what bandwidth reservation really means. If you have umpteen flows through a particular interface, what you really want to do is limit some or all of those flows to a specific piece of the overall capacity on the link.


So when you look at RSVP sessions and the bandwidth tied to them, what you’re seeing with the show rsvp interface command is the total sum of all allocated bandwidth on all the LSPs for which this router is an LSR.


The totals can be extremely helpful in ensuring that your allocated bandwidth is in line with what you want it to be. If the allocated bandwidth exceeds 100 percent, the LSPs with a reserved bandwidth specified won’t use that router as a transit router.




dummies

Source:http://www.dummies.com/how-to/content/how-to-verify-bandwidth-on-an-lsp-using-junos.html

Tips for Analyzing Web Marketing Data

Analytics is the art of, well, analyzing Web marketing data and using the results to find ways to improve your marketing. Web data analysis pays off; for example, you can determine who is shopping and when, or which products are hot or not.


Keep these points in mind to get more bang out of your marketing buck:



  • Reports do not equal analytics! Reports are the data. Analytics is the act of looking at the data and gaining actionable insight.



  • Focus on page views and visits, not hits.



  • Make analytics a part of your daily routine. Don't wait weeks to look at the numbers.



  • Be sure that your traffic-reporting tool ignores visits from your office. You don't want that data messing up your results.



  • Watch your referrers, especially referring search keywords. Referrers can tell you how to get more traffic, where to advertise, and how to tailor your site to visitors' needs.



  • Have a plan for adjusting. If you see a trend in your analytics that changes are needed, how will you act on it? The power of analtyics is using it to improve your business.



  • Keep an ear on the noise. If you see fluctuations that don't appear to make sense, consider the entire environment — news reports, unrelated product reviews, and even weather.



  • Set key performance indicators (KPIs) and track them consistently. KPIs may include Contact Us form completions, lead form completions, and sales. Track them for the long term, and commit to it. KPIs are the ultimate measure of success.











dummies

Source:http://www.dummies.com/how-to/content/tips-for-analyzing-web-marketing-data.html

Changing the Desktop Background in Mac OS X



Figure 1: To select a background, go to System Preferences.

You can also hold down Control, click the Desktop, and choose Change Desktop Background from the pop-up contextual menu (or right-click, if you're using a mouse with multiple buttons).



Picking something Apple


To choose a background from one of the collections provided by Apple, click one of these groups from the list at the left:



  • Apple Images: These default backgrounds range from simple patterns to somewhat strange and ethereal flux shapes.

  • Nature: Scenic beauty: blades of grass, sand dunes, snowy hills . . . that sort of thing.

  • Abstract: Even weirder twisting shapes in flux, this time with bright contrasting colors. Good for a psychiatrist's office.

  • Solid Colors: For those who desire a soothing solid shade.

  • Pictures Folder: This displays the images saved in the Pictures folder by the active user.

  • Choose Folder: You can open a folder containing images and display them instead.

If you see something you like, click the thumbnail, and Mac OS X displays it in the well and automatically refreshes your background so that you can see what it looks like. (By the way, in the Apple universe, a well is a sunken square area that displays an image — in this case, the background image that you've selected.)



Notice your iPhoto albums in the list? That's no accident — Tiger automatically offers your iPhoto Photo Library so that you can choose images from your iPhoto collection.



Mac OS X automatically manipulates how the background appears on your Desktop. If an image conforms to your screen resolution, fine — otherwise, click the drop-down list box next to the well and you can choose to



  • Tile the background. This repeats the image to cover the Desktop. (This is usually done with pattern images to produce a smooth, creamy, seamless look.)

  • Fill the screen. This can be used with a solid color to get uniform coverage. The original aspect ratio of the image is preserved, so it's not stretched.

  • Stretch the background to fit the Desktop. If your Desktop image is smaller than the Desktop acreage, this works, but be warned — if you try to stretch too small of an image over too large a Desktop, the pixilated result can be pretty frightening. (Think of enlarging an old Kodak Instamatic negative to a 16 x 20 poster. Dots, dots, dots.) The original aspect ratio of the image is not preserved, so you may end up with results that look like the funhouse mirrors at a carnival.

  • Center the image on the Desktop. This is my favorite solution for Desktop images that are smaller than your resolution.

Note that this drop-down list appears only if the Desktop picture that you select is not one of the standard Apple images. All the pictures in the Apple Background Images, Nature, Abstract, and Solid Colors categories are automatically scaled to the size of your screen.



To change your Desktop background automatically on a regular basis, enable the Change Picture check box and then choose the delay period from the corresponding drop-down list box. To display the images in random order, also enable the Random Order check box; otherwise, Mac OS X displays them in the order that they appear in the folder.



Choosing a solid color


If you want your favorite color without the distraction of an image as a background, you can choose from a selection of solid colors. You can choose from these colors the same way that you'd pick a default Mac OS X background image.



Selecting your own photo


You can drag your own image into the well from a Finder window to add your own work of art. To view thumbnails of an entire folder, click the Pictures Folder (to display the contents of your personal Pictures folder) or click Choose Folder to specify any folder on your system. Click the desired thumbnail to embellish your Desktop.



dummies

Source:http://www.dummies.com/how-to/content/changing-the-desktop-background-in-mac-os-x.html

Transcribe with the AutoTranscribe Folder Agent in NaturallySpeaking

If you have a recurring transcription to input to Dragon NaturallySpeaking, the AutoTranscribe Folder Agent saves you time. For example, if you record a weekly podcast, you can set up a specific folder for it. When you place a new audio file in that folder, it will automatically transcribe it.


If you want to set up the Folder Agent, do the following:



  1. Go to the DragonBar and choose Tools→AutoTranscribe Folder Agent.


    A new menu window opens.



  2. Choose Agent→Options.


    A dialog box opens, asking you what you want to do with the file after it is transcribed. The choices are Delete It or Move It to the Output Directory.



  3. Select the radio button with your choice.


    You will also see an option to "Generate DRA File." Choose this option to listen to the transcribed file and correct it.



  4. Click OK.



  5. To set up the actual folder, choose Task→New.


    A dialog box opens.



  6. Fill in the name of your input directory, its location, and what you want to do with the output file (if you didn’t already choose Delete It).


    Check that the correct User Profile is loaded with its associated vocabulary and that the dictation source Digital Audio Recorder shows.



  7. Click OK.


    You see the input folder listed in the directory with the state listed as Idle. It will show a working state when it is transcribing.




You can set up as many of these folders as you need for all your input sources. Your transcriptions will then be waiting for you when you return to the folder.


From the same Task menu, you can edit, disable, enable, or remove a task.











dummies

Source:http://www.dummies.com/how-to/content/transcribe-with-the-autotranscribe-folder-agent-in.html

Considering Careers in Accounting

Careers in accounting are diverse and can be lucrative. In our highly developed economy, many people work in accounting-related fields. In fact, nearly 2 million people make their living as bookkeepers, accountants, and auditors. They work for businesses, government agencies, nonprofit organizations, and other organizations and associations.


Certified public accountant (CPA)


In the accounting profession, the mark of distinction is to be a CPA, which stands for certified public accountant. The term public means that the person has had some practical experience working for a CPA firm; it doesn't indicate whether that person is presently in public practice (as an individual CPA or as an employee or partner in a CPA firm that offers services to the public at large) rather than working for one organization.


To become a CPA, you must graduate with an accounting major in a five-year college program (in most states), and pass the national, computer-based CPA exam. You also must satisfy professional employment experience; this requirement varies among states, but generally is one or two years.


After satisfying the education, exam, and experience requirements, you get a CPA certificate. More important, you get a permit from your state to practice as a CPA and offer your services to the public. States require continuing education hours to maintain an active CPA permit.


Controller: The chief accountant in a business


The top-level accounting officer in a business organization is usually called the controller. The controller designs the entire accounting system of the business and keeps it up-to-date with changes in the tax laws and changes in the accounting rules that govern reporting financial statements to outside lenders and owners.


Controllers are responsible for hiring, training, evaluating, promoting, and sometimes firing the persons who hold the various bookkeeping and accounting positions in an organization — which range from payroll functions to the several different types of tax returns that have to be filed on time with different government agencies.


The controller is the lead person in the financial planning and budgeting process of the business organization. Furthermore, the controller designs the accounting reports that all the managers in the organization receive — from the sales and marketing managers to the purchasing and procurement managers. These internal reports should be designed to fit the authority and responsibility of each manager; they should provide information for managers’ decision-making analysis needs and the information they need to exercise effective control.


The controller also designs and monitors the accounting reports that go to the business’s top-level vice presidents, the president, the chief executive officer, and the board of directors. All the tough accounting questions and problems get referred to the controller.


Smaller businesses may employ only one accountant. In many cases, a small company’s full-time bookkeeper or office manager carries out many of the duties that would be done by the controller in a larger organization. Smaller businesses often call in a CPA for advice and help.


The organizational charts of larger businesses usually put their controller under their vice president for finance, or chief financial officer (CFO). The accounting functions in a business are integrated with and work in close coordination with its financial, treasury, and secretary functions.


Accounting as a springboard to other careers


Many CPAs move on to other careers. An article in the Journal of Accountancy featured former CPAs who moved on to other interesting careers. One became a Harley-Davidson dealer, another a high school teacher, another an auto racing track owner, and another a physical fitness coaching business owner. Serving time as a CPA is a good springboard to many careers.


If you’re interested in accounting, you may think about getting a Ph.D. in accounting and becoming an accounting professor. The starting salaries for new assistant professors of accounting are well into six digits.




dummies

Source:http://www.dummies.com/how-to/content/considering-careers-in-accounting.html

A Checklist for Managed Fund Investing

Use this checklist for investing in managed funds as a quick reference point for each step of the managed fund investment journey. These pointers are a guide to what to watch out for and where you may need to do a little more work before making your investment decisions.



  • Set out your goals: Work out what you’re trying to achieve with your investments. Are you saving for retirement or for a deposit on a house, for example? Different goals are achieved through different managed funds.



  • Decide whether to go it alone or take advice: Work out if you want to make your own investment decisions or seek advice from a professional.



  • Figure out your timeframe: The time period you’re investing for will affect likely returns and the risks needed to achieve them.



  • Think about whether to invest via superannuation or outside super: For tax reasons, investing in your superannuation makes a lot of sense. But, in most cases, you won’t be able to get your money out until you retire.



  • Know what type of investor you are: Whether you’re conservative, aggressive or perhaps a mix of the two, the type of investor you are affects how you invest and in what types of funds.



  • Do your research: Know what types of funds are available and which ones are likely to suit your needs. Be very wary of investing in anything you don’t understand.



  • Consider using a master trust or wrap account: If you decide to use a financial planner, chances are you’ll be offered the use of one of these structures to help administer your investments. Although extremely useful, wraps and master trusts do cost money and may not suit all investors.



  • Understand the risks: Make sure the investment strategies of the fund you choose match your investing goals, and make sure you understand the risks involved in investing in any fund.



  • Read the product disclosure statement (PDS): Make sure you understand what the fund is offering by reading the PDS. This document tells you what the fund does, how much it costs to invest and a little about the fund manager. The legal information contained in the PDS may not be at the top of everyone’s must-read list but it does set out who does what in the fund.



  • Consider setting up a regular savings plan: Work out whether you want to invest money all in one go or build your investment over time with a regular savings plan. The amount of investment money you have to start with will obviously be a deciding factor!



  • Watch out for tax: Like most investments, managed funds are not immune from tax and you need to understand the quirks. Invest in a fund at the wrong time — for example, just before the fund distributes its income — and you could find yourself with a tax bill shortly after.



  • Check out the costs: Most funds charge you a fee for any initial investment in the fund plus ongoing management fees. You could also be charged a performance fee if the fund does well. The PDS sets out the fees.



  • Fill out the forms: When you’ve decided on a fund to buy into, complete the application form at the back of the fund’s PDS. If you’re a first-time investor with that fund manager, you need to include certified copies of your identification (passport, driver’s licence and the like).



  • Time your investment: Don’t be too concerned about trying to time the market — in other words, trying get the best price — but think about strategies such as dollar-cost averaging to help you get into choppy markets at a reasonable price.



  • Follow up your money: After you’ve sent in your application you should have something back from the fund manager within 14 days. If not, follow up.



  • Monitor your fund: Although the fund manager does most of the investment work for you, keeping track of what your fund is doing is always a good idea. If performance isn’t matching your expectations, you may need to rethink your strategy.



  • If you want to sell your fund, do it in writing: A fairly straightforward process, but you or your financial adviser need to let the fund manager know in writing. You should receive your money within ten days of the sale.






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