Claudine Perez ACC 340 Final Examination 1. The essential steps in performing a systems study are (in order of occurrence): a) Analysis‚ design‚ implementation and initial operation‚ follow‑up b) Design‚ planning‚ follow‑up‚ analysis‚ and implementation c) Planning‚ system specification‚ analysis‚ production‚ implementation d) Planning‚ analysis‚ design‚ implementation‚ and follow‑up 2. Which of the following is intended to solve the problem that financial data used in one application is not
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Internal Control and Risk Evaluation A risk is the chance of a negative event occurring. Internal controls are policies and procedures set in place to reduce the occurrence of an associated risk. Risks are never entirely eliminated; however‚ internal controls help reduce the occurrence and balance the risk. This brief will discuss the risks of Kudler Fine Food’s current Accounting Information System (AIS). In addition‚ the internal controls designed to mitigate the risks. Furthermore
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Technology to Overcome The Limitation of Sight and Hearing Introduction Devices to overcome Limitations of sight Microscope Binoculars Function: Binoculars are used for viewing far objects like buildings‚ birds‚ and much more. Other information related to the devices Telescope The earliest recorded working telescopes were the refracting telescopes that appeared in the Netherlands in 1608. Their development is credited to three individuals: Hans Lippershey‚ Zacharias Janssen and Jacob Metius. Binoculars
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Introduction of Dentistar and the problem Dentistar‚ Inc. was formed in 1985 to provide dental and orthodontic services to subscribers of their prepaid dental plans. This report examines the western region’s office‚ located in Los Angeles‚ and its issuance of excessive manual checks that resulted in multiple bank overdrafts. Results indicate that only minimal efforts have been made for internal control measures in this office and companywide‚ and that weaknesses have allowed the Finance Coordinator
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Philip Lau‚ writer of the essay‚ “The Limitations of Wikipedia”‚ is successful in persuading his readers that the webpage Wikipedia should not be used for college level research. In his essay‚ Philip states that‚ “Wikipedia can be a beneficial starting point in gaining general information on a subject but users should be wary of incorrect information”. The essayist’s use of examples‚ facts and quotes are what makes his argument so convincing. The writer wrote this essay to warn fellow college
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The Scope and Limitations of Environmental Taxes in a Developing Country Setting 1. Introduction This paper begins by briefly outlining the impact of development on the environment and the consequent need to mitigate further environmental damage. Economically‚ the use of environmental taxes serves as an incentive-based tax to curb behaviour that is damaging to the environment. The paper then provides a brief outline of environmental taxes. Looking specifically at ‘first tier’ emerging markets‚
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Internal Control and Risk Evaluation Accounting Information Systems 542 October 10‚ 2011 Analyze the risks in the systems that your team analyzed An Accounting Information System is an integral part of the new design of Kudler’s computer system. Accountants do not necessarily need to understand completely how computers process data of the accounting application‚ but it is essential for them to understand the flowcharts and documentation that shows how this processing works. The purpose
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Although national income is a convenient way for measuring the standard of living between countries‚ it still has its limitations. Firstly‚ as national income statistics are calculated from millions of different returns to the government‚ inevitably mistakes are made. For example‚ returns may be inaccurate or simply not completed. This makes the data incorrect‚ hence hindering people to analyze the living standard of a country accurately. Secondly‚ National income does not record the output
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livelihood‚ wildlife and ultimately the world. So is nuclear energy an actual endangerment to us‚ or are we overreacting to the side effect of this technology? In this essay‚ the benefits and limitations of developing and using nuclear power will be analyzed‚ we shall find out if the benefits or limitations of nuclear technology outweigh the other. Nuclear reactors use a very commonly found material as their main source for producing electricity‚ uranium. There are a few different uranium isotopes
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Task 3: Internal control 1. What do you think is the primary problem at the Sunshine Center? There where no financial reports or summaries of the cash flows. Probably‚ Barb wasn’t fare about the payments. Because there was no financial report it was not clear where all the money went to. 2. Why is accountability important to the Sunshine Center Committee? The director? Cli ents of the Sunshine Center? Church members? It is so important to the committee so they can check if the
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