Case 3.1 Enron: Understanding the Client’s Business and Industry Price‚ Ria; Walters‚ Jessica 1. Inherent risk‚ a component of the audit risk model‚ refers to the susceptibility of the accounts to material misstatement‚ without regard to the systems internal controls. Inherent risk is a function of the nature of the client’s business‚ the major types of transactions‚ and the effectiveness and integrity of its managers and accountants. A clear understanding of the audit client’s business model is essential in assessing
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CHAPTER 3 Describe the major ethical issues related to information technology and identify situations in which they occur. Utilitarian approach. This action provides most goods benefit or least harm. This action usually happens in corporate action. The affected parties for example customers‚ employees‚ share holder and the community. CEO choose to promote ‘go green campaign’ so that this campaign will create an awareness through the staff about the importance of environment. Rights approach
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Case Problem Set 3: Problem 1: Young Professional magazine was developed for a target audience of recent college graduates who are in their first 10 years in a business/professional career. In its two years of publication the magazine has been fairly successful. Now the publisher is interested in expanding the magazine’s advertising base. Potential advertisers continually ask about the demographics and interests of subscribers to Young Professional. To collect this information the magazine has
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Avila Foundation Inc. Orishas Point Of Sale Proposal In Partial Fulfillment Of the Requirements for the subject Management Information System by: (surname‚ full name) (surname‚ full name) (surname‚ full name) (surname‚ full name) (surname‚ full name) (surname‚ full name) MIS Adviser October 27‚ 2012 TABLE OF CONTENTS I. Abstract 3 II. Introduction 2.1 Background of the Study 4 2.2 Significance of the Study 5 2.3 Problem Definition 6
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Living so near to the city of Chicago makes it very easy for me to know about the population issues. First hand‚ I know that the issue with overpopulations in small northern suburbs is slightly ridiculous because of how the class sizes has grown in size making some classes harder to be in. Another issue is on the south of Chicago‚ though it’s better now. It is considered a mostly African American and ‘rough’ area of the city. Because of the overpopulation there are many homeless people‚ and a lot
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Case Study #3: Agnes Gibbons was admitted through the hospital ’s emergency department with congestive heart failure. During her admission she was asked to verbally acknowledge whether her demographic data were correct. Ms. Gibbons did so. Extensive diagnostic tests were done‚ including radiology studies. It was later discovered that all of Ms. Gibbon ’s information had been entered into another client ’s file. How would you correct this situation? What departments‚ or other agencies‚ would
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Neighborhoods on the west side are similar to any other in Chicago. The area always seem gloomy to me‚ but the sun always seems to shine brightest on Sundays. Playing in the backyard of my grandmother’s house while waiting for dinner was something to look forward to. Sunday dinner were always packed with people I barely knew from the neighborhood. There were days during the week that strangers would come to my grandmother’s house to eat and hangout. The block that I grew up on was very welcoming
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1.7%: Number of homes sold rises 22% from year earlier’‚ Chicago Tribune‚ 20 July 2012. The price elasticity of demand in Chicago real estate market The newsletter reported the important data of Chicago real estate market in June 2012. Generally speaking‚ this market was experiencing great ascending trends during the short term before the data was released. The specific data is summarized in the following graphics. The market of Chicago real estate (June‚ 2012) Market | Median price | Increasing
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Analysis of Financial Statements Ratio Analysis DuPont Equation Potential Misuse of ROE Use Financial Ratios to performance Uses and Limitations of Financial Ratios • Ratios help us to evaluate financial statements. Ratios are used to make comparisons. • There are many different ratios‚ with different ones used to examine different aspects of the firm’s operations. • Ratios can be divided into 5 categories: 1. 2. 3. 4. 5. Liquidity ratios‚ Asset management ratios‚ Debt management ratios‚ Profitability
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Table of Contents Assignment 1 (Brief) 2 Task 1 – Data‚ Information and Information Systems 5 Task 2 – Provide a profile of Sir John Cass and how we use information. 8 Task 3a – Explain how Sir John Cass School uses data and information. 13 Task 3b – Prepare a table showing different sources of information. 15 Task 4 – Flow of information between different functional areas in an organization 22 Task 5 – The use of Management Information Systems (MIS) in this school 32 Task 6 – How an organisation
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