Case 5 - Exercise 2 Abernethy and Chapman Internal Control Evaluation Client: Prepared by: Date: Exhibit 5-2 is a portion of the audit program that Mitchell designed to test the operating efficiency of controls in the revenue and cash receipts cycle. For each individual test‚ indicate the anticipated results if the control procedure is working properly. Also‚ if the control is not functioning properly‚ list the potential problems that exist. Use the following format for your response: Step
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LIVENT‚ INC.: An Instructional Case Michael C. Knapp Professor University of Oklahoma Price College of Business 307 W. Brooks Norman‚ Oklahoma 73019 Office phone: 405-325-5784 mknapp@ou.edu Carol A. Knapp Visiting Associate Professor University of Oklahoma Price College of Business 307 W. Brooks Norman‚ Oklahoma 73019 ABSTRACT: Like many financial frauds‚ the Livent‚ Inc. fraud was masterminded by a few individuals‚ primarily Garth Drabinsky‚ a Broadway “impresario” who had received
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In reading the Book of Deuteronomy‚ specifically‚ chapter 5 verses 6-21 which contains the second giving of the Laws to Moses known as the Ten Commandments‚ one could say that the some of the commandments could be interpreted to be verses that draw an inference to prosperity. Verse 14‚ teaches that we are to keep the Sabbath holy and rest “But the seventh day is the sabbath of the LORD thy God: in it thou shalt not do any work‚ thou‚ nor thy son‚ nor thy daughter‚ nor thy manservant‚ nor thy maidservant
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Alternative Fuels for Cars Automobiles are considered one of the largest contributors to climate change – only preceded by the effect of fossil fuel power generation plants [1]. This means that the automobile industry is under a lot of pressure to cut down on carbon emissions globally by finding alternative fuels for cars. Moreover‚ as we approach peak oil [2]‚ the availability of conventional automobile fuels will reduce drastically causing an exponential rise in fuel prices [2]‚ a fact that
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ethics. A study about the perception of ethics among Muslims and Christian would reveal any differences regarding how the business practices of MEGA Inc. and evaluated. From the findings‚ both the customers share similar ideology regarding ethics in business practices. This shows that regardless of the location of operations‚ the business practices of MEGA Inc. appeared unethical because there was no respect for all employees‚ and there was lack of promotion of the the wellbeing of all
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Week 3 IRAC method Aug 18‚ 2014 Week 3 IRAC method Mattel‚ Inc. v. MGA Entertainment‚ Inc. Case No. 11-56357 (9th Cir. Jan. 24‚ 2013) United States Court of Appeals for the Ninth Circuit Facts This was a litigation case between Mattel‚ Inc.‚ the maker of Barbie dolls‚ and MGA Entertainment‚ Inc.‚ the maker of Bratz dolls‚ Mattel stated claims for copyright infringement and misappropriation of trade secrets‚ and MGA stated its own counterclaim misappropriation of trade secrets. The idea
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become the first name in industrial ecology‚ a corporation that cherishes nature and restores the environment. Interface will lead by example and validate by results‚ leaving the world a better place than when we began.” (Interface‚ Inc‚ 2015) Interface‚ Inc. was founded by Mr. Ray C Anderson in 1973 in Atlanta‚ Georgia and remained as the President and CEO until 1996 when Mr. Charlie Eitel was named President and Chief Operating Officer (CEO). Mr. Anderson had worked for Milliken & Co as
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INTRODUCTION This assignment in which Snap Inc. has been chosen as a case study will shed some light briefly on the history of Snap Inc‚ the nature of business its involved in‚ the market base the firm targets‚ the original mission and vision of Snap Inc as the founders stated at the start of the business and the future objectives of the organization for the next five years. Consequently‚ the above information about the firm will then be used to evaluate and make comments on whether the original
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22) Why did the Jena 6 draw such attention? Why does Alexander think civil rights organizations have not devoted enough attention or resources to resisting mass incarceration and the drug war? The Jena 6 case follows the history of six black kids that beat a white classmate‚ they were charged with attempted murder. Nevertheless‚ people stood up for them‚ according to Alexander people only did this because the topic around their sentencing was controversial due to the practice of hanging nooses from
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Dell‚ Inc. Case Study First: Problem Diagnosis: Over the years‚ Dell has devised very successful strategies to increase customer loyalty and reduce costs. However with the passage of time‚ the company has failed to have a proactive approach to capitalize the opportunities provided by the environment and sustained its competitive advantage. 1. Use of the direct selling approach: This approach has been the main competitive advantage of Dell over the years‚ which enabled the company to create strong
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