Group Discussion - McGregor’s Ltd. Department Store Step 1: Situational Analysis I. McGregor’s department from its inception has laid a great emphasis on personal service of its clients. James McGregor‚ the current president doesn’t want to destroy its old-world charm‚ which differentiates it from the other departmental stores. But at the same time he is worried that with an old-fashioned image‚ he will not be able to attract young customers and eventually would lead to over reliance on
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Chapter 8 - Need and Classification of Industries Life Skills Industrial facilities across the globe have already released over 5 million tonnes of toxic chemicals. These chemicals are production-related wastes and pollutants. Many industries also emit high amount of carbon dioxide gas. Other gaseous pollutants produced by industries across the globe include carbon monoxide‚ sulfur dioxide‚ chlorofluorocarbons (CFCs)‚ nitrogen oxides‚ etc. Organise a group activity to prepare a poster or model to
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Which controls would best mitigate the following threats? a) The hours- worked field in a payroll transaction record contained the value 400 instead of 40. As a result‚ the employee received a paycheck for $6‚257.24 instead of $654.32. Answer: Data entry controls should be implemented of this threat. It can conduct a field check by separating the salaried and hours and minutes of fields. Limit check to ensure that each of the employees should not excess the limit of work hours. As an example
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HOMEWORK CHPT 8 1. Which of the following statements is CORRECT? ‚e. An option holder is not entitled to receive dividends unless he or she exercises their option before the stock goes ex dividend. 2. Which of the following statements is CORRECT? b. Call options generally sell at a price less than their exercise value. c. If a stock becomes riskier (more volatile)‚ call options on the stock are likely to decline in value. 3. Which of the following statements is CORRECT? d. The
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points ________ refers to the point at which an employee becomes fully entitled to a benefit. Selected Answer: vesting Response Feedback: correct Question 2 0.5 out of 0.5 points The process of having the NLRB certify a union based on 50% of the authorization cards indicating the employees want a union without an election is called _______. Selected Answer: card check Response Feedback: correct Question 3 0.5 out of 0.5 points Employers are increasingly
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Honesty Testing Case Dressler‚ G. (2008) Honesty Testing at Carter Cleaning Company Jennifer Carter‚ president of the Carter Cleaning Centers‚ and her father have what the latter describes as an easy but hard job when it comes to screening job applicants. It is easy because for two important jobs – the people who actually do the pressing and those who do the cleaning-spotting – the applicants are easily screened with about 20 minutes of on-the-job testing. As with typists‚ as Jennifer points
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1.Refer to the exhibit. A network administrator needs to add the command deny ip 10.0.0.0 0.255.255.255 any log to R3. After adding the command‚ the administrator verifies the change using the show access - list command. What sequence number does the new entry have? 0 10‚ and all other items are shifted down to the next sequence number 50 60 ***** 2.Refer to the exhibit. What happens if the network administrator issues the commands shown when an ACL called Managers already exists
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engagement True/False 6. The Risk and Controls Library is static and cannot be changed once it is setup. a. True b. False 7. Classification of Risks is limited to the following types: Operational‚ Financial‚ Compliance‚ and Strategic. a. True b. False 8. When identifying entities for the internal audit plan‚ only one entity may be linked to each audit engagement for the year. a. True b. False Discussion Questions 9. Inherent risk is the risk of a material misstatement in the financial statements arising
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1. What might be the primary and secondary motives for a jazz fan attending this event or a family attending one of the summer evening open-air concerts? * Primary motives of a jazz fan are about their love in music and the secondary is to have freedom and feel the fun in their personal interest. * Their motivations and purposes to attend are completely different. While the first group is mainly motivated by the performances themselves and they do travel from one city to another with the
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Chapter 5 – Mankiw SOLUTIONS TO TEXT PROBLEMS: Quick Quizzes 1. The price elasticity of demand is a measure of how much the quantity demanded of a good responds to a change in the price of that good‚ computed as the percentage change in quantity demanded divided by the percentage change in price. When demand is inelastic (a price elasticity less than 1)‚ a price increase raises total revenue‚ and a price decrease reduces total revenue. When demand is elastic (a price elasticity greater than 1)‚
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