Andre Young ACCT 504 Case Study 2 1. Establishment of responsibilities. Only one person handles all the finances and the petty cash is open for just about any one to manage and handle cash. Need to be retuned to no one can handle petty cash but a public accountant. 2. Segregation of duties. Their has to be some one overseeing every one in the company. Their has to be some one over seeing the accountants‚ the checks being written and some one controlling the petty cash. People are usually
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Internal control ACCT504 Financial accounting and Managerial use‚ analysis Keller Graduate school of Management Professor : Linval Frazer Week 5: Case study 2 Friday ‚ April 4‚ 2014 Preparing LJB’s Internal Control Reporting for Public Trading Background LJB Company ‚ a small business local distributor who understands to go public in the future‚ the company should be in accordance with the law and may need to take more stringent internal control principles . At the request of
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Case 2-1 Cynthia Cooper and WorldCom Cynthia Cooper details her trials and tribulations about her experiences at WorldCom in the book Extraordinary Circumstances: The Journey of a Corporate Whistleblower. The following excerpts from the book describe the actions she took to uncover the fraud at WorldCom and reactions of key players in the accounting department‚ top management‚ the audit committee and the external auditors. Cooper was first alerted to the fact that there may have been a problem
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Tanglewood Case 2 The environmental scan for Tanglewood is very complex. According to the scan‚ there is a consistent supply of qualified individuals to fill managerial positions; however‚ it has been determined that Tanglewood may experience difficulties completing this task for several reasons. First‚ retail is often viewed as an undesirable market for recent college graduates. Secondly‚ many associate retail with working long hours‚ low pay‚ and frequent conflict with lower-level employees
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Olympic Rent-A-Car U.S.: Customer Loyalty Battles In response to Enterprise Rent-a-Car’s new customer loyalty rewards program‚ Laura Walkins‚ should follow the industry leader by adopting a dollar based reward system and focus on targeting business travellers. But in doing so Olympic needs to be careful not to enter into a price war with Enterprise. To avoid the risk of this happening‚ Olympic should look to diversify and differentiate their rewards program to steal a share of the business traveller
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Michael N. Matheis Jr. BUSI 610 DB 1 January 17‚ 2015 Chapter 1: Why is shared information so important in a learning organization in comparison to an efficient performance organization? On this forum a learning organization refers to the organizational style allow for a certain degree of flexibility that hinder being constrain by structure; in simple terms‚ this approach allows for the organization to not only adapt to‚ but embrace change in order to attain the desired market position
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Assessment 2: Case Study interview & Reflective Essay Introduction The purpose of writing this essay is to reflect upon the communication skills that I used when having a case study interview with a general practitioner (GP). The essay also will discuss about the self-awareness after conducting the interview. Analysis of communication skills In the interview‚ I had used a variety of communication skills which is non-verbal behavioural skills‚ questioning skills and active listening skills
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The forecast for the next year is as follows according to the table: 1. 2. 3. 4. 5. Total 1. 4505 3995 3825 3655 3485 3485 2. 0 600 192 0 408 408 3. 0 0 493 102 0 255 4. 0 0 9 69 12 60 5. 0 0 0
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Case 1. Discussion questions 1. Describe the global economy forces that pushed creativity to move up the value chain. Creativity is one of the top five wholesale suppliers to national craft chains in the United States with 500 employees and for office and warehouse locations in California and one in Hong Kong. Studies are showing that the company creativity has proven to outsource the manufacturing across Asia. Creativity is also found strong business models that are capable of dealing with
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Case Study #2 Team-Based Incentive Rewards Network Cable‚ Inc.‚ operates throughout the central and southern portions of Florida’s east coast. With approximately 43‚500 subscribers‚ the company is a service provider for cable TV and high-speed Internet connections. Network Cable operates in an area described as a “high-growth market.” In January 2001‚ Tara Gilbert‚ vice president of human resources for Network Cable‚ convinced company president and CEO Jeff Lesitner that restructuring the organization
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