Victor Rios‚ the author of the book Punished focused on the struggles that Latino and African American young men ages 14-18 face when it comes to coping when all odds are against them. Rios (2011) establishes the phrase “Youth Control Complex” which he defines as “ a system in which schools‚ police‚ probation officers‚ families‚ community centers‚ the media‚ and other systems treat young people’s everyday behaviors as criminal activity” (XIV). The reality of these young men is that‚ all their societal
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Case Study Two Name Accounting and Finance 02Feb2011 Dear President of LJB Company‚ (1) If the LJB Company should decide to become a publicly traded company‚ a few internal controls should be implemented to comply with the Sarbanes-Oxley Act (SOX). * Management will need to provide periodic quarterly reports to evaluate the effectiveness and reliability of LJB’s internal controls over financial reporting procedures. * Management should certify the accuracy and fairness of presentation
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Committee of Sponsoring Organizations (COSO) Internal Control Framework’s Components of Internal Control Requirements 1. There was a lack of proper authorization in the budget process. The superintendent Spigot committed several projects that were not on the budget. For example‚ rent expenses were not budgeted in that fiscal year‚ which caused the budget to overrun and increase expenditures for custodial services. Also‚ the unbudgeted projects ran by the superintendent were not approved by the
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Case Study 2 – Internal Control TO: LJB Company President FROM: Accounting Firm DATE: August 12‚ 2012 SUBJECT: Internal Control It is with great pleasure that we can provide you information and advisement on internal controls that will assist LJB Company with going public. We understand that you have communicated your concerns and expect that this report will assist you with deriving conclusions. This report will: 1. Inform you of any new internal control requirements in reference to going
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Tru-Fit Part‚ Inc 1. What would you recommend to top management regarding the three problems they have identified? a. Transfer Price I recommend that manufacturing divisions and AM Marketing division should have an agreement on the standard of transfer pricing. To prevent any unnecessary dispute. the availability of the standard transfer pricing method is very important . The dispute may exist due to incentive bonus plan which relates to sales volume to AM Marketing division (plant’s actual
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Have you questioned the relevance of taking a theory course in your graduate nursing program‚ or the usefulness of theory in nursing practice? In the case study provided‚ Julia Costales was skeptical about theory in nursing practice‚ and on a day at the veterans’ administration (VA) inpatient medical unit‚ she was caring for a complex patient. The medical unit’s acute care nurse practitioner challenged her to identify theories that would help guide care for her patient. McEwen (2014a) explains that
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Locus of Control refers to the degree to which people feel they control their own lives. People with an internal locus of control believe their behavior and personal characteristics determine outcomes‚ whereas people with an external locus of control perceive outside factors like luck‚ fate‚ and other outside forces are controlling their lives (Yemen & Clawson). As externals tend
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iii. Implement Internal Controls The objective of internal control is to safeguard assets of the firm‚ ensure accuracy and reliability of accounting record‚ promote the efficiency of the firm’s operation‚ and to measure compliance with management’s policies. Besides that‚ the internal control is used to controls and checks consolidated into accounting activities and operations of a company to ensure their business operations are conducted efficiently and effectively (Trenerry‚ 1999). Valeant Pharmaceuticals
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District of Columbia et al v. Heller case. The court stated that the second amendment allowed people to own guns. They concluded that the District of Columbia’s ban on guns was unconstitutional. The ban made it a crime to have an unregistered gun. The ban also required lawful guns to be stored unloaded and unassembled or have a trigger lock on it. The second amendment has limits though. These bans violate the second amendment. Wright‚ S. E. (2012). Gun Control Laws
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internal controls. Corporate executives and boards of directors must ensure that these controls are both reliable and effective. Public Offering The transformation of going from a private to public requires some extensive planning and preparation. It is recommended that LJB‚ being a relatively small sized company‚ should reevaluate the costs versus the benefits of becoming a publicly traded company. If the decision is made to issue stock‚ it would be wise to first complete an internal control report
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