organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent‚ reliable‚ and ethical personnel * Assignment of responsibilities * Proper authorisation * Separation of duties
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Summary of Memory Distortion in Alien Abductee Study A summary of "Memory Distortion in People Reporting Abduction by Aliens" Introduction This is a summary of the article by Clancy et al.‚ 2002. The prevalence of alien abduction stories has been increasing in recent history (Bartholomew& Howard‚ 1998; Newman & Baumeister‚ 1997). Psychologists have more recently interpreted the stories as evidence of memory distortion (Newman & Baumeister‚ 1997). Previously published accounts of abduction
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Dr. Suderman ENC1101 September 27‚ 2013 Wall Street Journal Article Summary It is becoming more and more evident to Major companies that sleep is a necessity that often gets swept under the rug. They are noticing more and more that lack of sleep is a major hamper on your performance in the workplace. Getting a good nights’ sleep is more beneficial than finding ways to work better on less sleep. Companies have to send their employees home early to help them sleep more to keep up with their productivity
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Organizational Behavior BADM 234-04 Dr. Bell Chen Jiaxin Jan 30th‚ 2014 Starbucks Sees China Growth Despite Tea-Drinking Culture Article Summary of Chapter Three I find an article related to organizational culture and socialization. In my mind‚ the main concept of chapter three is the organizational culture‚ socialization‚ and mentoring‚ which indicating that appropriate culture will benefit a lot to organizations. Starbucks credits its growth in China to the 500 new stores that were
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ACCT 620-V: Writing Assignment Article Summaries: The Economist. January 2‚ 2010. We did it! The rich world’s quiet revolution: women are gradually taking over the workplace (pg7). Briefing: Women in the workforce. Female power. (pg 49-51) Women in Today’s Workforce From running for president‚ making up over half of the workforce‚ managing some of the world’s most successful companies‚ and earning almost 60% of university degrees in America and Europe‚ women’s presence in the workforce is more
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Chapter 5 Accounting for Merchandising Operations Chapter Summary Merchandising Operations • A merchandising company is an enterprise that buys and sells goods to earn a profit. • Measuring net income for a merchandising company is the same as for a service company through matching of expenses with revenues. • In a merchandising company‚ the primary source of revenue is the sale of merchandise‚ which is called sales revenue or sales. • Expenses for merchandising
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The article chosen to summarize technology and workplace stress highlights "information technology and the role it is playing in reshaping organizations" and will emphasize three main points: a) the impacts of workplace stress in the information age; b) the emotional affects from stress and how it spreads throughout an organization; and c) the affects on an individuals immune system due to stress. Technology has become increasingly prevalent in organizations and in our daily lives. Since technology
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inventory‚ January 1 $ 22‚000 Plus purchases 183‚000 Merchandise available for sale $ 205‚000 Less merchandise inventory‚ January 31 17‚000 Cost of goods sold $ 188‚000 E1-4 Finished goods‚ July 1 $ 85‚000 Plus cost of goods manufactured 343‚000 Finished goods available for sale $ 428‚000 Less finished goods‚ July 31 93‚000 Cost of goods sold $ 335‚000 E1-5 Selling & Direct Direct Factory Admin. Items Materials Labor Overhead Expense a. Steel used in an
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I‚ Pencil Summary: This was an article written from the aspect of a wooden pencil. The pencil first starts out talking about how no one knows how to make him/her. It states that it is a mystery even more so than a tree or a sunset. It goes on to talk about even though it might look like a simple object‚ it is much more complex with creation. Referencing each piece used to create the pencil‚ then tracing its genealogy to those who made objects used for transportation‚ manufacturing‚ texturing
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Summary and opinion Gisela Lizette Carrillo Lopez This article is about the defeat of the S. Korean fencer. When South Korea’s Shin Lam had just advanced to the gold medal the officials had to reset the clock from zero to one second‚ making that moment the turning point‚ because Germany’s Britta Heinemann took that moment as a second chance‚ ending as the winner of the match. Loosing was both embarrassing and agonizing for Shin‚ in that moment she became the loneliest athlete in the Olympics
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