Evaluate the strengths and weaknesses of the Cash Payback Period‚ Discounted Cash Payback Period‚ NPV‚ IRR and MIRR capital expenditure budgeting methods. Prepare a recommendation for Stewart regarding the capital budgeting method or methods to use in evaluating the expansion alternatives. Support your answer. Capital budgeting techniques such as payback period‚ net present value (NPV)‚ internal rate of return (IRR) and modified internal rate of return (MIRR) all offer particular strengths and weaknesses
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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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Under the control of the Articles of Confederation‚ the central government was weak. Congress was a unicameral legislature that made laws. There were no executive or judiciary branches. Some of the weaknesses included that Congress can’t pass laws unless nine states supported it‚ the Articles could not be amended unless all thirteen states approved it‚ Congress could not collect taxes‚ and they also could not raise an army. The seventh article states "When land forces are raised by any state‚ for
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C. Identify and explain the strengths (4 strengths) and weaknesses (2 weaknesses) of Best Buy They are still growing in time of recession‚ by building more stores in Europe and China. Best Buy remains a dominant player in the electronics industry despite major changes within the sector over the course of the year. Best Buy Co. Inc. is the largest consumer electronic goods retailer in USA and accounts for around twenty percent of the market share in the country. The company outlets are present
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Internal Analysis Holiday Inn Express Strength: SimplySmart Bed and Bath Justification: Holiday Inn Express is a brand that remains consistent across the board. With their SimplySmart bedding‚ exclusively on Holiday Inn Express beds‚ their guests can expect the same comfort every time they lay their head down. With four pillows on each bed‚ ranging in from extra fluffy to rather firm‚ guests will surely be pleased. The sheets‚ that feel much like Egyptian cotton‚ are layered with blankets that
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established as a telegraph company in the mid-19th century‚ and began money transfer operations in 1871. Its telegram and business communication services ceased in 2006‚ but by this time the money transfer business had long been Western Union’s main revenue source. After at least a decade of continuous profitability‚ Western Union has long been a leading telecommunications company. The company is currently a leading player in the global cross-border money transfer market with a market share of 17%.
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18th century‚ and fully developed by John Stewart Mill in the 19th. It Asserts that we should always act so as to produce the greatest ratio of good to evil for everyone concerned with our decision and As with all moral theories‚ has many strengths and weaknesses. The prominant criticism of Utilitarianism is that it is extremely hard to predict the results of an action. The outcomes of all situations are hard to predict‚ so how can we possibly apply the rule of the greatest happiness for the greatest
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owners on the importance of sound internal controls. Facilitating management’s conclusion on the effectiveness of the design and operations of internal controls within their respective areas Perform process documentation and tests of controls which will be used to support management’s overall evaluation Consolidating results to CEO and CFO for their final conclusion. Educating management and process owners on the importance of sound internal controls. Facilitating management’s conclusion
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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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SUMMER-2015 Get solved assignments at nominal price of Rs.120 each. Mail us at: subjects4u@gmail.com or contact at 09882243490 Master of Business Administration- MBA Semester 3 MF0013–Internal Audit & Control-4 Credits (Book ID: 1733) Assignment (60 Marks) Note: Answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60. Q1. Describe & explain the term auditing. “Personal qualities of an auditor are
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