Justification for an Internal Control System ACC/544 December 2‚ 2013 Justification for an Internal Control System The internal control system has been used since the company was in need of the system and until this day it has been working to its fullest potential. Internal control plays an important key in making sure that the accounting information‚ financial data‚ meeting the targets‚ and ensuring that the management policies are getting followed. There are two elements in making an
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Moral literacy depends on disputability‚ fairness of application‚ derivability‚ prescriptiveness‚ and justification. Focusing on disputability‚ fairness of application‚ prescriptiveness‚ and justification‚ Kant’s ethical system‚ deontological ethics‚ has a strong sense of disputability because it relies solely on the person’s ability to reason out any moral claim to decide whether it is ethical. Kant believed that only through people’s reasoning and sense of duty and not through their emotions‚ which
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HUMAN AND SOCIAL CAPITAL BY: JOSEPH KIOKO REG. NO: D80/61281/2011 DATE: 05/06/2013 LECTURER: PROF. P. O. K’OBONYO Introduction and Definitions: Human capital is defined by the OECD (1998‚ p9) as “the knowledge‚ skills and competences and other attributes embodied in individuals that are relevant to economic activity.” While Duration of schooling and levels of qualification are the standard measures used to measure human capital the OECD itself
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information for evaluating alternatives. Technical personnel are particularly important influencers. * Buyers have formal authority to select the supplier and arrange terms of purchase. Buyers may help shape product specifications‚ but their major role is in selecting vendors and negotiating. In more complex purchases‚ buyers might include high-level officers participating in the negotiations. * Deciders have formal or informal power to select or approve the final suppliers. In routine buying
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Capital Budgeting Introduction Capital budgeting is the process of evaluating and selecting long-term investments that are consistent with the firm’s goal of maximizing owner wealth. A firm using capital budgeting‚ their goal is to see if there fixed income will cover itself for profit. Fixed incomes are things such as land‚ plant and equipment. When a firm using a machine to produce its good or service. They most of the time what the machine to produce the amount that they paid for the machine
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most people seek justification for their prejudiced actions or beliefs. If one can convince himself that another group is inferior or a threat to his way of life‚ he will feel comfortable with enforcing increased authority over that group of people. This desire to warrant asserting dominance over others is deemed “self-justification” in the literary text Causes of Prejudice by Vincent N. Parrillo. Bob Ewell in the novel To Kill a Mockingbird by Harper Lee‚ and
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Machines This is an age of machine. Machine has acquired a high priority in the modern era. It has come to occupy a place of major importance in the life of man. In all spheres and walks of life machine comes to the aid of man. Right from the time of waking up in the morning till going to bed at night‚ man continues to make use of some machine or the other. For example‚ man wakes up with the help of a machine (alarm watch)‚ takes bath with the help of water brought by and heated by machine‚ enjoys
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PET/CT vs. CT Purchase Christine Parks BUS: 640 Managerial Economics Scott Shaw December 17‚ 2012 Abstract In my previous position I worked as the Administrator for a well-established outpatient diagnostic imaging facility. As the Administrator I was faced with having to make various decisions that utilized economics on a daily basis. The decisions that I would have to make would range from very simple to very complex purchases. Regardless of the amount of the purchase the same economic
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Corporate Finance and Investment 1. Define “Working Capital” Working Capital=Current Assets-Current Liabilities =Accounts Receivable + Inventory - Accounts Payable “Working capital is how much in liquid assets that a company has on hand. Working capital is needed to pay for planned and unexpected expenses‚ meet the short-term obligations of the business‚ and to build the business.” 2. Give concrete measures how w.c. can be optimized (receivable‚ inventories (JIT
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c) d) 5. A shaft intermediate between a line shaft and a driven machine. a) Counter shaft b) Transmission shaft c) Machine shaft d) Axle 6. A shaft that is used to transmit power between the source and the machine absorbing the power. a) Line shaft b) Transmission shaft c) Machine shaft d) Counter shaft 7. A shaft forming on integral part of the machine itself is known as: a) Line shaft b) Machine shaft c) Counter shaft d) Transmission shaft 8. A rotating member that
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