and Internal Control Review Questions 1. What is the purpose of an IT audit? Response: The purpose of an IT audit is to provide an independent assessment of some technology- or systems-related object‚ such as proper IT implementation‚ or controls over computer resources. Because most modern accounting information systems use IT‚ IT plays a significant role in a financial (external audit)‚ where the purpose is to determine the fairness and accuracy of the financial statements. 2. Discuss the
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4. Responsibility of Corporations: Rationale‚ source and limits Whether there is social responsibility or obligation proper to speak of towards corporations is a topic of debate. However‚ the suspicious perception of business personnel towards CSR is understandable‚ essentially because the policy choices and actions of government may directly impact their operations‚ with a spillover effect on their responsibility to their stakeholders especially their employees and customers. a. Theoretical
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The EU has transformed international relations in Europe. Discuss Contents Introduction The European Union (EU) is widely regarded as the most advanced project of regional integration in the world. Predisposed by the aftermath of World War II‚ European nations have embarked on a path of strong multilateralism in forming the EU’s predecessors – the European Coal and Steel Community (ECSC) and the European Economic Community (EEC). These communities and subsequently the Union have pervaded
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INTERNAL CHECK i. INTERNAL CONTROL MEANING AND DEFINITION THE COUNCIL OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF ENGLAND AND WALES “ the whole system of control financial and otherwise‚ established by the management in order to carry on the business of the company in an orderly manner‚ safeguard its assets and secure as far as possible the accuracy and reliability of its records.” It is the whole system of controls established by the management for the proper conduct of the various activities
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Alternative Investments Among the five funds‚ three of the funds‚ Cloudy Retirement 500 Index‚ Cloudy High-Yield Hedge Strategies‚ and Cloudy Real Estate All starts‚ are alternative investments. Those three funds‚ as the case states‚ are not registered under the Investment Company Act of 1940 or under the Securities Act of 1933. Thus‚ they are not offered to the investing public or are not been required to offer significant information to public. Moreover‚ the investment product held by Cloudy High-Yield
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11 University Biology Culminating Task: Creation of a Portfolio (5% of Mark) Now that you have gained an understanding of the processes that occur in biological systems‚ you will be to apply your knowledge to demonstrate your knowledge learned in this course. For the culminating task‚ you are being asked to prepare a portfolio to showcase your learning. You will complete one artefact for each unit (see below). You will be able to put your portfolio together in the format of your chose (in paper
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The internal environment: * Strategic competitiveness and above – Average returns result when Internal organization (What a firm can do : function of resources‚ capabilities‚ and core competencies) matches External environment ( What a firm might do : function of opportunities in the firm’s external environment → Competitive Advantage * Competitive advantage key points: * No competitive advantage lasts forever. * Over time‚ rival use their own unique resources‚ capabilities‚ and
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THE INTERNALS OF LIBPCAP: A CASE STUDY BY: VIVEK GUPTA‚ STUDENT‚ MS(IT)‚ DA-IICT‚ GANDHINAGAR. PHONE: +919426330172 EMAIL: VIVEK_GUPTA@DA-IICT.ORG KEYWORDS: 1. BSD: Berkeley Software Design. 2. TCP: Transmission Control Protocol 3. IP: Internet Protocol. 4. BPF: BSD Packet Filter. 5. DLPI: Data Link Provider Interface. 6. libpcap: Packet Capture Library. 7. JNI: Java Native Interface. 8. NIT: Network Interface Tap. 9. CSPF: CMU/Stanford Packet filter
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violence. No doubt the authorization of concealed weapons in school campus for the purpose of self-protection has decreased the number of gun related crimes such as murder‚ rape etc. There are various reasons to carry concealed guns in school campus but some are most important. These are used to save student lives‚ their respects and to save their rights. But a negative view point is if someone has made a plan to murder‚ mug‚ or rape an innocent person‚ gun laws will not stop that person. The gun law
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In fast-food corporate America In-N-Out Burger has always remained family-owned. It had no stockholders to respond to and was able to invest in maintaining high standards of quality. Unlike its competitors the chain‚ with 258 stores presently‚ is able to retain its constant growth in sales‚ even in times of recession. The company strongly believes in the importance of highly motivated staff that identifies with the chain’s values and gives them the opportunity to advance. By providing above-average
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