Internal Audit Report for ABC Company Abstract The purpose of this report is to notify the accounting department about an accounting error that was discovered in a recent audit. Because of a weak internal control system‚ an adjusting entry for prepaid insurance was not recorded for the first three months in the amount of $500 per month. This report will identify three limitations of the internal control system‚ it will identify and explain two examples of internal control procedures‚ find symptoms
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Business Associate Contract John Guillory MIS565 Healthcare Security & Privacy Professor Joseph Woodside April 5‚ 2015 Overview of Health Insurance Portability Accountability Act (HIPAA) Privacy Rule The HIPAA privacy rule is a basic threshold promulgated by the US Department of Health and Human services (HHS) for the protection of health information and it applies to three sets of organizations‚ usually referred to as “covered entities” (US Dept. Health and Human Services). On April 5‚ 2015
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American Apparel: Vertically Integrated in Downtown L.A. 1. The textile/clothing sector is vertically de‐integrated: design‚ textile manufacture‚ clothing manufacture‚ distribution are undertaken by specialist firms. Why? In this case‚ clothing firms like American Apparel have vertically integrated‚ in order to get time to market‚ increase resources availability‚ and cost efficiency. However‚ many textile/clothing sector is vertically de‐integrated which means that their design‚ textile manufacture
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price = $2 per warrant Warrant exercise price = $35 per share A stock warrant will be profitable if the stock price exceeds the cost of warrant plus exercise price at expiration. Thus‚ in this case a warrant will be a profitable investment if shares are traded at $37 or more ($2 + $35) Hence‚ if ABC stock is getting traded at $45 per share in 10 years‚ the warrants would be worth $10 each making the return on warrant = 400% (each warrant is $2 and return = 8/2*100 = 400) However‚ is the stock
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A description of the ABC model of crisis intervention cannot be complete without an understanding of the nature of a crisis itself. Inherent in a traumatic and often unexpected event is the element of human reaction‚ which is subject to a variety of factors. Influences such as the psyche of the individual and predisposition towards resiliency‚ the social and cultural milieu in which crises arise‚ and the nature and severity of the precipitating event all contribute to the terrifying reality of
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Conclusion 10 References 11 1.0 Introduction ABC Learning Centers‚ an Australian company was then run by CEO Eddy Groves and at one point was the world’s largest provider of early childhood education services before the company bizarrely collapsed. The share price had dropped from a massive $8.50 to just $1.15 within a span of a year (Cohen C 2009) The purpose of this report is to identify and critically discuss management issues at ABC Learning Centers (ABCLC) with specific focus on three
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College of Management Applied Managerial Accounting Summer 2013 SCM610 Instructor: Dr.Damron‚ Sandra ASSIGNMENT # 1 By : Ahmed Hassan Zahmuwl Chapter 1: 3‚ 6‚ 7‚ 18‚ 24‚ 26 1-3 List and define the four basic management activities? Planning Planning is the ongoing process of developing the business ’ mission and objectives and determining how they will be accomplished. Planning includes both the broadest view of the organization (its mission)‚ and the
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Robert cannot take any textbooks home for completing his homework in any core subject because his teachers do not have enough course books for everyone. In fact‚ everyone must team up to use textbooks while the teacher is lecturing. The school library does not have a librarian‚ so it is rarely open. He gets low qualified teachers because the high-quality teachers do not stay at his school‚ due to lack of resources and support. The classrooms do not include computers‚ so there is no computer instruction
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leaders within it. When an organization is created with a mission‚ vision‚ and value system in place the culture will follow. If a common belief is shared among a team‚ trust is built that those from the bottom up are on the same path to success. ABC Dental was built on a mission and vision that all the owner providers as well as the CEO felt they could live every day. Their purpose was to build a small dental community made up of providers and team members that could stand by their mission and
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1. The ABC-X model of family stress helps clarify the causes of how some families tumble into a crisis when dealing with a stressor. The model allows families to recognize each component of the stressor(s) as well as to get an understanding on how they associate with one another. The ABC-X model involves three variables‚ A‚ B and C‚ which interact together to produce the product X. The A factor is the stressful event that the family encounter that disrupts the equilibrium of the family. As stated
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