1. How an auditor evaluates the efficacy of internal control system? Ans: The auditor has to decide whether he can place reliance on the internal control. If internal control is adequate‚ he can restrict nature‚ timing and extent of his checking accordingly. If not‚ he is left with no alternative but to resort to detailed checking. The manner of evaluation of internal control may be in the following lines: 1. Making preliminary evaluation of the system 2. Compliance procedures to evaluate
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Under internal control‚ there are three issues arises in the chicken run case study. 1st issue is the credit control system is weak. The lack in credit control system can be seen when the marketing department continued to supply product to Cold Gold Sdn. Bhd even though Cold Gold Sdn. Bhd credit is gone beyond its limit. Besides‚ Ms Choy as a credit controller did not take proper action about this issue. The recommendations are Ms Choy as a credit controller should know her duties and responsibility
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Advantage Google nyone who’s ever booted up a pc knows about Google‚ the Mountain View‚ California–based company whose brightly-hued logo is a universal welcome mat to the World Wide Web.1 As the heavyweight of online search‚ Google is one of the world’s most ubiquitous brands and an indispensable tool for anyone navigating cyberspace. In May 2007‚ Google handled 65.2 percent of all U.S. Internet searches‚ compared with 20.7 percent for Yahoo! and 7.7 percent for Microsoft.2 Globally‚ Google conducts
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Monopoly: Google Edition - Filing Antitrust Case Vs. Google Is It a True Monopoly? Google is arguably the most popular search engine used on the internet. The company offers superior search results and clearly employs workers with innovative ideas that can keep the company ahead of the competition. However Google’s own mission statement requires that it “Do no evil‚” meaning that it has made readily available the tools that have made the company successful. The Justice Department would
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B1 – Ethics‚ fraud and internal control at Bern Fly Company The main purpose that a good internal control must fulfil is to protect the firm’s assets from fraud and theft. As we can see from the description of Bern Fly Company’s case‚ the internal control within the company leaves much to be desired. As it can be read in the case the salespersons get commission promptly after each order taken by their customers without any control to check if that order is real or only a fictitious one. This
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In 2009‚ Google has created PiLab to improve people’s operation. PiLab initiated Project Oxygen to research the impact of managers on employees and methods to enhance management. Google’s problem now is how to implement the research to increase efficiency for management. There are three alternatives which are to study senior management and executives‚ providing guidance to team composition and to study the complete life cycle of managers. The criteria used to evaluate each alternative are whether
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............................................................. 9 Keeping Up With Technology .................................................................................................. 12 Going Global……………………………………………………………….………...……….12 Internal Business Perspective .................................................................................................... 13 Innovation.............................................................................................................
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company of all time. BackRub was then renamed Google which was inspired from the number 1 followed by 100 zeros. In 1998 a Stanford professor arranged a meeting for Brin and Page to meet with an investor‚ who was the founder of Sun Microsystems. The investor was impressed with Brin and Page’s Google search capabilities and although the investor was pressed for time‚ he left them with a check for $100‚ 000. After setting up a corporation name for Google Inc. and a corporate bank account‚ the pair went
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Essay due tomorrow? CADIE’s already read the book‚ along with the last five hundred published papers referencing it. Can’t remember supporting details for your meeting notes? CADIE can extrapolate reams of impressive corporatespeak from existing context clues. CADIE can help with everything from thesis completion to fact checking and footnoting. With CADIE’s help‚ your docs will be a dream come true. Write more like a grown-up Specify which Flesch-Kincaid Grade Level you’d like your writing
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Synopsis: Google Inc. Google is a global technology leader focused on improving the ways people connect with information. Google maintains an index of websites and other content‚ and makes this information freely available to anyone with an Internet connection. Its automated search technology enables people to obtain nearly instant access to relevant information from its online index. The company’s innovations in web search and advertising have made its web site a top internet destination and
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