The year of 1968 was also an important year for gun control. The Gun Control Act was fueled by assassinations of John F. Kennedy‚ Martin Luther King‚ and Robert Kennedy. The Gun Control Act meant stricter regulations; license requirements were expanded to include all dealers and a more detailed record keeping was expected of them. This act essentially defined those who were banned from possessing firearms. Handgun sales were restricted over state lines; the list of people who could not buy guns
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CHAPTER 3 SYSTEMS DEVELOPMENT AND DOCUMENTATION TECHNIQUES SUGGESTED ANSWERS TO DISCUSSION QUESTIONS 3.1 Data Flows: merchandise‚ payment‚ cash and register tape Date Source: customer Processes: capture sales and payment‚ give cash and register tape to manager Storage: sales file (register tape)‚ cash register 3.2 It is usually not sufficient to use just one documentation tool. Every tool documents a uniquely important aspect of a given information system. For example‚ system
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The Opium Poppy control act of 1942 Tony Curtis Opium is an addictive drug made from poppy plants. It is used both for a narcotic and medicinal uses as an analgesic to reduce pain without loss of consciousness. Opium contains morphine‚ codeine‚ noscapine‚ papaverine and thebaine. The psychological effects of opium have been known since circa 4‚000 B.C. by the ancient Sumerians who used symbols such as ‘joy’ for poppy. In the 17th century opium use in China grew based on the introduction of
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there is a problem and that a reform is needed in the near future. The things happening in the governments shows that they are becoming a bigger entity than anticipated and that their size is too big to govern them adequately. The missteps of the Internal Revenue Service in which they abused their taxing authority to hunt and hinder political opponents; congressmen who engaged in related party transactions; the administration hiring family members of major media executives; and regulators seeking
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The 1919 Black Sox Scandal In 1919‚ eight of the Chicago White Sox allegedly threw the World Series. Charles Comiskey was the ruthless owner of the White Sox and was the main motive of the sox to throw the series. Chick Gandil was the first player to get involved and then he spread it to the other players on the team. The act by these players would be called the Black Sox Scandal. The Scandal nearly ruined America’s pastime. The baseball commissioner‚ Judge Landis‚ banned all eight of the players
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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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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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Chicago White Sox and their involvement in the Black Sox Scandal of 1919. Transition: First of all‚ I will give you some information about the team involved in the scandal. I. The White Sox are a baseball team founded in Chicago‚ Illinois. a. They were founded in 1900. d.ii. Due to struggles with the manager the whole team began to struggle to get along.
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The internal environment: * Strategic competitiveness and above – Average returns result when Internal organization (What a firm can do : function of resources‚ capabilities‚ and core competencies) matches External environment ( What a firm might do : function of opportunities in the firm’s external environment → Competitive Advantage * Competitive advantage key points: * No competitive advantage lasts forever. * Over time‚ rival use their own unique resources‚ capabilities‚ and
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Running head: INTERAL CONTROL AND RISK EVALUATION Internal Control and Risk Evaluation Patricia Coleman ACC/542 April 7‚ 2014 Maryln Fisher In today’s society‚ internal controls are applied to support an organization ’s managers to become more successfully to release the responsibilities by applying and understanding internal control concepts. Internal controls are most frequently saw as "a lot of red tape"; however‚ internal controls have different circumstances
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