Generally‚ every organization’s performance could be enhanced if they have a sound internal control system. Internal control sys has two subcategories: A) Control environment B) Control procedures and policies @ control activities Control environment is abt attitude of board n mgt‚ whether they have integrity(honesty) and value the importance of running a sound internal control system. So‚ if their attitude is good‚ they will raise awareness and foster good attitude among ppl in the org
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I. INTERNAL ENVIRONMENT: ORGANIZATIONAL ANALYSIS Corporate Structure. Mercedes-Benz corporate structure is representing eleven different departments‚ with an average of four core practice areas in each. Let’s start the discussion of the corporate structure by considering Corporate Communications Department. This department works on cultivating a positive news-media image and manages internal communications to retails. . Whenever Mercedes-Benz owners are in need of answers on their questions
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dispatched independently to approving authority. Once signed‚ the approved invoices should be sent independently to accounts payable. When the check is prepared by accounts payable‚ they should mail it directly to the third party. Under a strong internal control system‚ the employees and/or contractors should not be allowed to come in and collect checks directly. Direct contacts with accounts payable personnel make it too tempting for someone
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Coke Vs. Pepsi Interpret the results of your EVA calculation. If you had to choose between Coca Cola Co. and Pepsi Co‚ which one would you choose? Why? Both Firms EVAs are increasing from 2001 to 2003 _EVAs of Coca Cola is significantly higher than those of PepsiCo._ _EVAs insures that management perspective and objective is to maximize shareholders wealth‚ as such we would choose Coca Cola. The reason is because EVA is a measure of added value‚ and since Coca Colas EVA is
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It’s a strange thing when this comes across my mind because usually we don’t look for this in our personality although I’m sure of their existence. Strength and weakness‚ two contradicts that we usually dig for in others‚ but what about us? I really haven’t tried to determine these in me but I’m sure that I have them both. First‚ my points of strength. I know that I’m an intelligent person because I achieved almost everything comes in my way. I’m a confident human. I’m a quick learner so I don’t
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its doors wide to foreign companies. Both companies experienced a range ofunexpected problems and difficult situations that led them to recognize that competing in India requires special knowledge‚ skills‚ and local expertise. In many ways‚ Coke and Pepsi managers had to learn the hard way that "what works here" does not always "work there." In spring 2003‚ Alex von Behr‚ the president of Coca-Cola India‚ admitted ruefully‚ "The environment in India is challenging‚ but we ’re learning how to crack it
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devulcanized rubber into a virgin tire compound for material cost- reduction ; •To study the impact of devulcanized rubber utilization on tire compound performance ; •Mooney viscosity •Curing characterizations •Tensile properties ( Tensile strength‚ Elongation at break) •Hardness •Hysteresis (heat build up) •Cut and chip (% of mass loss) 20 12 Objectives 120 Mooney Viscosity Devulcanization Valve Feeder CO2 Cylinder 50 rpm 200 C Syringe Pump Thermocouples
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different approvals‚ usually built upon moral preference. Mill is able to categorize every human license into exist internal and external sanctions‚ and believes that it is possible to change your moral selection. External sanctions exist outside of the individual‚ independent of his mind. They may take the form of peer pressure‚ the fear of disapproval‚ or the fear of god. Internal sanctions stem from one’s conscience. These consist of feelings like discomfort or joy when one realizes the consequences
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Writing Assignment #1 – Strengths Analysis Throughout my life‚ I have faced with many challenges. From those challenges‚ I have come to learn that life is testing and forcing me to build more positive characteristics to become stronger each day. Hence‚ I can be ready to deal with more obstacles in my future career as an international tax accountant. According to The Clifton Strengths Finder assessment‚ my three strengths are “responsible”‚ which I demonstrated when I worked as a resident assistant
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My strengths in writing are being able to pick my own topic to write about. When I have prior knowledge of a topic‚ writing becomes easier for me. When I know what I’m talking about and am interested in what I’m talking about‚ I tend to write more. Writing poems is a good example. When writing poems‚ everything just flows together for me. They don’t have to rhyme‚ or even make sense for that matter. Poems could also be metaphors. They are your own experiences‚ ideas‚ or emotions characterized by
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