CHAPTER 1: THE NATURE OF MANAGEMENT CONTROL SYSTEMS Element of MCS : Strategic planning‚ budgeting‚ resource allocation‚ and transfer pricing Control -> devices must be in place to ensure that its strategic intention are achieved. Element of Control Systems: 1. Detector -> measure what actually happening in the process being control. 2. Assessor -> what is actually happening by comparing with some standard/expectation. 3. Affector -> feedback. 4. Communication Network -> transmit information
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xx/xx/xxxx xacc/280 week 8 Checkpoint The collapse of Enron back in 2001 shows a number of unethical practice. This company shows unethical practice in accounting as well as business. This company is a perfect example on how unethical behavior of a few people can affect millions of individuals. This also affected these individuals for many years after. Enron was the first business to have nationwide gas pipeline networks. On November 8‚ 2001 Enron made an announcement in a SEC filing that
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AN APPRAISAL OF ACCOUNTING SYSTEM IN THE PUBLIC SECTOR CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY History has it that the concept of accountability of public funds dates backs to the history of ancient Greece. As old as theory is‚ it would not be erroneous to say that the idea has been equally lost to antiquity although not much is known about it‚ this makes the subject‚ government accounting to remain a myth. Accounting in the public sector has received such a wide attention from
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Macromedia Dreamweaver Tutorial Instructions: Work through this tutorial Ask when you need help Complete all tasks set in the tutorial Refer back to this tutorial when you design your own website Enjoy 1 Dreamweaver Tutorial ©S Pretorius/2007 Macromedia Dreamweaver Tutorial SET UP A NEW SITE Open Dreamweaver Click on Manage Sites on the right hand side of the screen (underline and in blue) In Manage Sites dialogue Box click on New Then click on Site A new site can
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DIPLOMA IN BUSINESS STUDIES Family Business Management Tutorial 4 (for week beginning 13 May 2013) Managing The Family Business I Discussion Questions 1. Why is the understanding of family conflict important to family-owned businesses? 2. Emily’s family runs a lucrative F & B business selling beef noodles. She is about to take over the running of the empire when her father retires later this year. However‚ she is worried that family conflicts may erode their very successful
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Recommendations Based on (b)‚ the control environment sets the tone of an organization‚ influencing the control consciousness of its people. It is the foundation for all the other components of internal control‚ providing discipline and structure for the whole organization. It is important to an entity in the overall attitude and actions of managements. To overcome the weaknesses for the internal control system over sales‚ the company should have separation of the duties. The company should assign
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and is therefore a vital part of any accounting system. For example‚ documentation describes the tasks for recording accounting data‚ the procedures that users must perform to operate computer applications‚ the processing steps that AISs follow‚ and the logical and physical flows of accounting data through the system. This chapter explains in greater detail why accountants need to understand documentation and describes some tools for diagramming complex systems. Accountants can use many different
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MARKETING ENGINEERING FOR EXCEL TUTORIAL VERSION v130522 Tutorial Customer Lifetime Value Marketing Engineering for Excel is a Microsoft Excel add-in. The software runs from within Microsoft Excel and only with data contained in an Excel spreadsheet. After installing the software‚ simply open Microsoft Excel. A new menu appears‚ called “MEXL.” This tutorial refers to the “MEXL/Customer Lifetime Value” submenu. Overview Customer Lifetime Value (CLV) represents a metric
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SMS based Remote Control System Abstract A modern world contains varieties of electronic equipment and systems like: TV‚ security system‚ Hi-fi equipment‚ central heating systems‚ fire alarm systems‚ security alarm systems‚ lighting systems‚ SET Top Box‚ AC (Air Conditioner) etc.‚ we need to handle‚ ON/OFF or monitor these electrical devices remotely or to communicate with these but‚ if you are not at the home or that place and you want to communicate with these device. So the new technology
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- Statics Tutorial 1 Your Name: Partner’s Names: Section:_____________ _______________________ _________________ _________________ _________________ _________________ _________________ _________________ VECTORS This assignment will introduce the use of the Cartesian Coordinate System‚ vector notation‚ and properties of vectors to find corresponding unit vectors and resultant forces. The dot product will also be introduced. Each group will choose the origin of a coordinate system in the room
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