(a) Identify the control weaknesses that exist in the present cash collection system‚ describing the potential irregularities‚ which could occur as a result. The case study details a considerable number of potential flaws and control weaknesses‚ which exist in the present system. These fundamentally relate to a lack of check and balance in terms of cash receipt‚ which potentially exposes the cash collection system to considerable risk (Millichamp and Taylor‚ 2008). These control weaknesses are
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Auditing Introduction Letter Kelly Garner ACC/546 December 15‚ 2014 Mr. Michael De Marco Anderson‚ Olds‚ and Watershed Certified Public Accountants Shoetown‚ ME 00001 December 15‚ 2014 Mr. Eric Unum Vice President of Finance Apollo Shoes‚ Inc. 100 Shoe Plaza Shoetown‚ ME 00001 Dear Mr. Unum‚ Thank you for taking the time to meet with Arnold Anderson‚ CPA (lead auditor); Darlene Wardlaw‚ CPA (engagement manager) and me last week. During our meeting‚ you and your team informed us that your “old
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Report on Contemporary Case Study – Josh Martin Question 1: Describe the two different leadership styles used by Josh Martin and Tom Saunders. Do the two different styles tell you anything about leadership traits? Do you think there is any resolution to the organisational problems resulting from the conflicting leadership styles? Leadership has been described as “a process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task”. In
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Evaluation Contemporary Issues and Futures in Criminal Justice Today 8 million people are behind bars around the world‚ 2 million in the United States alone. Some are house in high tech maximum security facility fortresses others are in more medieval looking structures. Inmates are also secured behind prison walls through a variety of sophisticated technology. Correctional officers need the tools necessary to complete their day-to-day
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CHAPTER 3 COSTS CONCEPTS and CLASSIFICATION [Problem 1] 1. Direct labor P10 Variable factory overhead 15 Fixed factory overhead 6 Unit conversion cost P31 2. Direct materials P32 Direct labor 10 Unit prime cost P42 3. Unit prime cost P42 Variable factory overhead 15 Unit variable cost P57 4. Total production cost (12‚000 units x P63) P756‚000 [Problem 2] 1. Indirect materials and factory supplies P 68‚000 Supervising salaries
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[pic] Good planning is central to successful teaching - and effective planning requires a clear set of learning objectives. In order to generate learning objectives‚ you need first to check the syllabus requirements. These may be expressed in a variety of ways. For example‚ they may be given as topic headings‚ or learning outcomes‚ or competence statements. The precise form varies according to the type of qualification. In order to understand the uses and characteristics of learning objectives
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34B Frog cardiovascular Physiology: computer simulation 1. What was the baseline heart rate for the frog? Ans: 59-63 bpm 2. Which wave is larger‚ the one for atrial constriction or the one for ventricular contraction? Why Ans: Ventricular. It shows the strength of the ventricle as it pumps blood‚ and it is a thicker muscle to pump stronger as it contracts 3. At what time during the contraction cycle was it possible to induce an extrasystole? Ans: The time during the relaxation part of
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1. Assertions about classes of transactions and events: I. Occurrence: transactions and events so recorded in the financial statements actually occurred and relates to the same period. II. Completeness: all such transactions and events that required recording have been recorded III. Accuracy: transactions and ancillary information have been recorded with accurate amounts IV. Cutoff: only those transactions and events have been recorded that pertains to the accounting period under consideration
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The assignment for GSLC‚ November 8‚ 2013 (05PAF SMART CLASS) Read the Chapter of “Motivation” and answer the following questions. 1. Identify five different criteria by which organizations can compensate employees. Based on your knowledge and experience‚ do you think performance is the criterion most used in practice? Discuss. 5 Different Criteria by which organizations can compensate employees: Discipline Results Contribution Diligence Attitude Yes‚ we do think that performance is
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Tradition faces challenges from contemporary and social issues within the community. The Church must respond to these internal and external challenges and follow the teachings in the bible. A major contemporary issue in today’s society is homosexuality and same sex marriage. The Roman Catholic Tradition has a certain vision on this issue and has responded in a number of different ways. The Roman Catholic Tradition continuously responds to many contemporary issues in a rapidly changing society. The
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