Business Horizons (2011) 54‚ 105—113 www.elsevier.com/locate/bushor The early bird catches the news: Nine things you should know about micro-blogging Andreas M. Kaplan *‚ Michael Haenlein ´publique‚ F-75011 Paris‚ France ESCP Europe‚ Avenue de la Re KEYWORDS Web 2.0; User-generated content; Social media; Micro-blogging; Twitter; Ambient awareness Abstract Micro-blogs (e.g.‚ Twitter‚ Jaiku‚ Plurk‚ Tumblr) are starting to become an established category within the general group of social media.
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Trading is done in three ways 1. Cash trading 2. Spot trading 3. Derivative trading The NSE trading system called National Exchange for Automated trading (NEAT) is a fully automated screen base trading. It is online and nationwide trading system. It adopts the principle of an order driven market. In this system a member can punch into the computer quantities of securities and prices at which he likes to transact. The transactions are executed as soon as it finds a matching sale or buy order
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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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and economic development have put pressure country’s environment. In 1972‚ disposed solid waste was 0.74 million tonnes‚ the figure went up to 2.80 million tonnes in 2000 (Renbi Bai‚ Mardina Sutanto‚ 2002). In order to maximine economic growth and control waste generating rate‚ Singapore government carries out various options in waste management. To solid waste management‚ Singapore has traditional two methods: incineration and landfill. Being an island with limited land resource‚ solid waste incineration
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Globalization leads to cultural globalization and makes the impacts on local cultures. The conflicting between global culture and local cultures is a controversial topic which leads to the divergent position on cultural hybridization and homogenization. Cultural homogenization refers to the effects of globalization and aims to argue that foreign elements‚ particularly elements of dominant cultures‚ are replacing local elements. In contrast‚ cultural hybridization is the concept of combination between
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In accounting and auditing‚internal control is defined as a process effected by an organization’s structure‚ work and authority flows‚ people and management information systems‚ designed to help the organization accomplish specific goals or objectives.[1] It is a means by which an organization’s resources are directed‚ monitored‚ and measured. It plays an important role in preventing and detecting fraud and protecting the organization’s resources‚ both physical (e.g.‚ machinery and property) and
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Internal Control and Risk Evaluation Internal controls are the key to running a successful business. Kudler Fine Foods‚ after reviewing flowcharts created by Accounting Team A‚ is requesting information regarding controls for system improvements. Presented here is an analysis of their current accounting information system‚ risks and controls associated with this system and an evaluation of applying internal controls to help mitigate risks and losses. Risk Analysis Assessing risk is a difficult
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strategy for year 20x9. b. What specific audit objectives are likely to be misstated? c. How should the auditor respond in terms of potential audit tests? 14-28 (Controls over cash receipts processing at a church) You have been asked by the board of trustees of a local church to review its accounting procedures. As a part of this review‚ you have prepared the following comments relating to the collections made at weekly services and recordkeeping for members’ contributions: 1. The church’s board
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Internal Control - Integrated Framework Executive Summary Senior executives have long sought ways to better control the enterprises they run. Internal controls are put in place to keep the company on course toward profitability goals and achievement of its mission‚ and to minimize surprises along the way. They enable management to deal with rapidly changing economic and competitive environments‚ shifting customer demands and priorities‚ and restructuring for future growth. Internal controls promote
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2011 I was asked to give my recommendations on LJB Company’s internal control system before the company decides to go public in the future. Based on my review of the information that I have been given‚ the following are my recommendations for new internal controls: 1. Establishment of Responsibility 2. Segregation of Duties 3. Human Resources Control 4. Independent Internal Verification 5. Physical controls It is good to see that LJB recognizes the efforts of its long term
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