The Control Matrix A tool designed to assist in analyzing the effectiveness of controls‚ PCAOB Auditing Standard Number 5 – “Effectiveness of Control Design” Establishes the criteria to be used in evaluating the controls in a particular business process Steps in Preparing a Control Matrix STEP I: Specify control goals 1. Identify the Operations Process Control Goals -Effectiveness goals -Efficiency goals -Security goals 2. Identify Information Process Control Goals -Input Goals -Update Goals Operations
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Chapter 1: Geology is the science that studies the history of Earth and its life. Anthropogenic (human generated) activities such as fossil fuel combustion impacting Earth has led to the study of Earth as a series of systems (series of components that interact to produce a larger‚ more complex whole). Geology is the science that examines the evolution of the natural processes on Earth‚ the evolution of life and the evolution of these interactions and how they caused the earth to evolve towards its
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Marketing Management - cheat sheet Definition of marketing: Marketing is an organizational function and a set of processes for creating‚ communicating and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders -American Marketing Association (2004). New assumptions: “Connect and collaborate”‚ not “command and control”. Market as forum for cocreation of experiences. Customers and partners as co-creators of value‚ Value-centric
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Kavin Chinnasamy BADM 375 Cheat Sheet Queues form due to variability in arrival times‚ service times & service availability. Impact of variability increases as utilization increases! (throughput goes up or capacity goes down). Little’s Law: I = R x T (congestion = arrival rate x delay). Little’s Law is I = R*T (where I = avg inventory‚ r = throughput rate‚ t = avg flowtime). Delay explodes as the arrival rate approaches the system capacity: Delay ≈ 1/(capacity–arrival rate). The utilization
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Cheat Sheet: Note: UCC governs the sale of goods; NOT SERVICES Offer+acceptance+consideration=contract Four types of contracts: 1. consideration: when you have a contract for a bargained for exchange where the promisor receives a benefit to the promisee’s detriment; note: benefit/detriment has to induce the promise 2. moral obligation: promise+antecedent benefit (rare) 3. promissory estoppel: a contract exists when a person reasonably relies upon a promise to his detriment 4. form: some contracts
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Year 9 Science SELF-EVALUATION – Term 1 For your continued development in Science it is important we set goals and evaluate our study behaviours and performance. Your honesty is much appreciated for the continued improvement in teaching and learning. Name: ______Zac Malone___________________ NOTE: 1 – Very Low 10 – Very High How hard did I work at achieving my science goal for term 1 1……………………3……………………………………………………………….……….10 Did I continually evaluate my study habits
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1. The sociological perspective‚ as a way of thinking about the world‚ includes the sociological imagination from C. Wright Mills‚ the beginner’s mind from Bernard McGrane‚ and the idea of culture shock from anthropology. Explain what all three of these concepts have in common. Response: All three of these concepts have in common are the idea of breaking down social barriers to gain a different perspective on culture people and behaviors. When a person is in a new area where the culture is different
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Cycle time: Bottleneck| Cycle time = 1/Capacity rate | | Inventory = Throughput Rate x Flow Time | Little’s Law: I = R x T | Inventory Turns (IT) = 1 / Flow time (T) = R / I | BCWS = Budgeted Cost of Work Scheduled BCWC = Budgeted Cost of Work Complete |ACWC = Actual Cost of Work Complete | Cost Variance CV = BCWC – ACWC | Schedule variance SV = BCWC – BCWS | Utilization=Demand /CAPACITY| Inventory Buildup rate IBR|No IBR if no stations limits Throughput rate| Capacity rate = 1 / Cycle
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Chapter 1: Intro Independent Variable - variable you deliberately change during an experiment Theory - explanation based on a large number of experiments Hypothesis - educated prediction of cause and effect - what you test in an experiment Control - a zero or set form of the independent variable Dependent - variable you measure because you think it could change 7 characteristics: order‚ regulation‚ growth and development‚ energy processing‚ response to the environment‚ reproduction‚ evolutionary
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Accrued Interest = x Nominal Return = Real Return = – 1 Real rate of return Compounding = rnominal-inflation rate Current yield = The invoice price is the reported price plus accrued interest The ask price is 101.125 percent of par‚ so the invoice price is: $1‚011.25 + (1/2 $50) = $1‚036.25 Effective annual rate on a three-month T-bill: Optimal capital allocation: Y= E(rp)- Rf / A(std)^2portfilio – 1 = (1.02412)4 – 1 = 0.1000 = 10% Effective annual interest rate
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