Case 4.2 Comptronix Corporation identifying inherent risk and control risk factors Mark S. Beasley Frank A. Buckless Steven M. Glover Douglas F. Prawitt it was 9:30 A.M. on a monday morning when the call came through. "hi dr mitchell‚ do you have a minute? "sure" the professor replied "i am on of your former students‚ but if you don ’t mind‚ i would prefer to remain anymous. i think it is best for both us if i not reveal my name or my company to you. i am concerned that the
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MINICASE ACCT – 13 1. What are the relevant facts? - The company for which Chris is the controller is facing difficult times in light of a downturn in the construction industry. - Chris and Robin know that a material receivable from the Ender Corporation is probably uncollectable. - The allowance adjustment for the material receivable has not been made - Allowance adjustment will cause the auditor to mention the company’s unstable financial position and therefore without a clear opinion‚ the
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Executive Summary Biopure Corporation was established in 1984 and is a privately owned pharmaceutical firm. They are trying to launch two new products: Hemopure (human market) and Oxyglobin (veterinary market). They are the only company aggressively engaged in the development of blood substitutes for the vet market. Biopure has invested $200M in the development of said blood substitutes. They currently don’t have any revenues with little to no debt and financing of $50M to support these operations
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Situation Analysis Industry: Cutlery/ Direct Selling Industry Sales force consists of 15 million direct sellers 2007 U.S. Industry sales were $30.8 billion; Global sales were $114 billion Average annual growth rate is 3.2% Company: 61st year in operation (2010) $200 million revenues Headquarters located in Olean‚ Pennsylvania Over 500 products‚ ranging in price from $27 to $945 (Increases 5% every other year) Numerous subsidiaries- Trends: Majority of sales force
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Name: University: Course: Tutor: Date: Communication in the Workplace Introduction Communication is a vital process in organizations and companies in today’s world. It has been defined as an activity that entails transmitting information through interexchange of views or messages by behavior‚ signals‚ writing‚ visuals‚ and speech. The process of communication requires a sender‚ the message to be sent‚ and a receiver. However‚ it is mandatory for the receiver to be aware of the sender’s intention
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suppliers’ financial situation‚ their estimated per unit total cost‚ evaluation as well as a sourcing risk management plan for the supplier selected. Terms of reference To prepare sourcing strategies for key purchased items for Pacific Systems Corporation (PSC)‚ starting with selecting the most appropriate supplier for potentially the next few years Recommendations After carefully considering the estimated per unit total cost‚ SureTech did come out with the lowest cost at $162.5 per unit for
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alternative SWOT ANALYSIS CASE 10: SAN MIGUEL CORPORATION AND A. SORIANO CORPORATION I. PROBLEM How do San Miguel Corporation and A. Soriano Corporation will meet their satisfied ability to respond to the rapid changes in the environment around them if they will not upgrade their planning capability? II. AREAS OF CONSIDERATION 1
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Background Conceptualized in 1946 as a manufacturer and supplier of photographic paper and related office equipment‚ Xerox is presently one of the biggest and oldest document-management company in the world. Xerox‚ initially known as Haloid‚ became significantly prominent in 1959 with the introduction of the world’s first plain paper photocopier dubbed as Xerox 914. Utilizing the process of xerography or electrophotography‚ Xerox 914 became an instant office item pursued by countless organizations
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1. Describe the organizational structure of ABCO Corporation. is a public relations relations firm. They deal with candidates giving you the best and of Excellence and promoting their clients’ businesses as well as the personal interest of their clients. They deal in the world of different markets to promote your client’s best interest for the clients products for their and clients’ image. 2. Which type of leadership power is Britney using? Is it effective in this situation? Why or why not? Britney
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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