Internal Combustion Engines An internal-combustion engine is a heat engine that burns fuel and air inside a combustion chamber located within the engine proper. Simply stated‚ a heat engine is an engine that converts heat energy to mechanical energy. The internal- combustion engine should be distinguished from the external- combustion engine‚ for example‚ the steam engine and the Stirling engine‚ which burns fuel outside the prime mover‚ that is‚ the device that actually produces mechanical
Premium Internal combustion engine
‘Timely and valid internal and external audits are a primary safeguard against unethical financial behaviour’. Assess the accuracy of the statement. INTERNAL AND EXTERNAL AUDITING Introduction by Emil Nacua Timely and Valid internal and external audits are a primary safeguard which prevents unethical financial behaviour within a business. Audits examine the past and present financial records as they are important to maintain accuracy for those who use the records as they are an aspect of
Premium Balance sheet Business ethics Ethics
Internal Structure of the Stem The internal structure of the stem is usually more complex than the other plant organs for it performs and provides various functions. These functions are: * For mechanical support * For conduction of water * For conduction and storage of manufactured food * For continuous growth of the stem in thickness These functions are centered at the fibro vascular system that is composed of two major tissues‚ the xylem and the phloem. Internal Parts of Woody
Premium Plant anatomy Phloem Plant physiology
A system of internal control refers to the process by which organizations maintain environments that encourage incorruptibility and deter fraudulent activities by management and employees. An organization’s components of internal control are evaluated during the planning phase of an independent financial statement audit. The results of the evaluation directly influence the auditor’s level of detailed testing. To reduce detailed testing‚ and perhaps the audit fee‚ organizations implement common features
Premium Internal control Audit Financial audit
Congress about “underground” Communists within the government and others who could possibly commit acts of treason against the United States. 1 These concerns eventually lead to the passage of the McCarran Internal Security Act in the September of 1950. The McCarran Act‚ also known as the Internal Security Act of 1950 or the anticommunist law‚ is one of the most controversial and least understood laws in American History.2 Introduced by democratic Senator Pat McCarran of Nevada‚ it required Communist
Premium United States Constitution United States President of the United States
Executive Summary The following report relates to the internal controls of Woolworths‚ and will look to describe and analyse them with the use of flow charts. The report will then move onto give details of an audit program that has been designed to test the internal controls of Woolworth’s accounts payable. Moreover‚ possible ways of how controls could be overridden as well as how the overall system could be realistically improved will also be discussed within the report. Business Introduction
Premium Invoice Accounts receivable Inventory
Internal Analysis An Internal Analysis of a company focuses on the strengths and weaknesses of internal factors that give a company certain advantages and disadvantages in meeting the needs of its target market. Strengths refer to core competencies that give the firm an advantage in meeting the needs of its target markets. Weaknesses refer to any limitations a company faces in developing or implementing a strategy. The aim of the internal analysis is to identify the company’s strengths and weaknesses
Premium Strategic management Value chain Management
Internal and External Equity HRM/324 09/09/2013 Internal and External Equity Equity as it applies to compensation plans used by employers refers to the exchange of service for compensation that employees make with their employers. Total compensation systems take into consideration all things of value given by an employer to an employee in exchange for his or her service in a specified role (Romanoff‚ Boehm & Benson). Total compensation systems include not only salary or wages‚ but also insurance
Premium Human resource management Salary Management
THE INTERNAL CONTROL SYSTEM The internal control system includes all the strategies‚ policies and procedures adopted or instituted by the management of an entity to assist in their objective achieving as far as practicable‚ the orderly and efficient conduct of the business and includes adherence and compliance to management policies and applicable laws and regulations; the safeguarding of assets; the prevention and detection of fraud and error‚ the accuracy‚ reliability and completeness of the accounting
Premium Internal control Accounting software Authorization
INTERNAL MEMORANDUM TO: Norfolk Southern FROM: Date: October 15‚ 1996 Re: Regarding our Hostile Bid for Conrail Rail Corporation Today‚ CSX Corporation(CSX) and Consolidated Rail Corporation (Conrail) announced an $8.3 billion merger‚ the first and third largest railroads in the Eastern United States. This merger would create the second largest rail system in the United States in the United states‚ and the largest rail system east of the Mississippi river by far. This merger has huge implication
Premium Norfolk Southern Railway Stock Stock market