Revenue Cycle and Control Activities The revenue cycle for many companies is considered the primary source to earn revenue from the sale of goods or service. Good controls must be established to maintain the effectiveness of receivables and credit sales‚ not doing so can harm the company and might be costly to the business. Six classes of internal controls guides us in evaluating and designing transaction processing. They are authorization‚ supervision‚ segregation of duties‚ access control‚ independent
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M3- how sales techniques and good customer service have evolved in the organization Sales techniques and good customer service have changed so much that customers are getting the right support they need with the product. In the last few years‚ Currys did not train its staff to a high level of standard but now it is expected that when a customer directly goes into a store‚ the staff will do their best to deliver good customer service using knowledge of what they already know about the product.
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Have you ever been skeptical about what you eat everyday is not essential as you think? You may doubt that what am I talking about. I am going to talk about something that you eat everyday. Guess what? That is rice! Recently‚ my mother decided to choose brown rice instead of white rice as our food staple. This raises my attention about white rice. At present‚ half the world’s population sees rice as their staple food‚ mainly in parts of Asia‚ southern Europe‚ tropical America and Africa. Among the
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KQ Unit 2 Different societal institutions such as the family‚ government and religion‚ have been seen to have an impact on marriage. The government plays a role in marriage and mate selection when divorce raises issues. Not only does the government play a role in marriage and mate selection‚ religion also raises conflict for married couples‚ such as where and how a couple may get married‚ and if the religion supports the legal issue of divorce. Lastly‚ family plays a important role in marriage
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Internet are by far the most influential. Paying bills‚ for example‚ has become easier and convenient because with a simple click of a mouse your bill can be paid. And still even better than that‚ with the invention of the new Iphone‚ you can now pay your bills from your phone. Having these new inventions we no longer have to waste time or gas on having to pay our bills. Also research has become much faster with the help of the Internet. We do not have to look through mounds and mounds of books to get information;
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Do you ever have fun when you are just plain bored? Well a person who believes in having fun when you are bored is James Veitch. Mr. Veitch believed that you shouldn’t let the problems in life prevent you from having fun in bored situation‚ stressful situations or if you’re just frustrated with yourself. I personally agree with Mr. Veitch analysis because I too try to have fun when I’m bored for example I walk funny in front of my parents just so I can make them look at me and laugh. I always do
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INTERNAL CONTROL AND RISK EVALUATION PAPER ACCOUNTING 542 INTERNAL CONTROL AND RISK EVALUATION PAPER Many businesses are concerned with information technology risks. Many organizations are concerned with different types of risk and attempt to control risk as they are assessed. In order to control risk‚ organizations must create control environments that set the tone of employee awareness and promote operational efficiency. One attempt to control risk is through risk assessment. The
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Write an explanation of: * what it means to have a duty of care in your own work role A duty of care is a legal obligation imposed on an individual requiring that they adhere to a standard of reasonable care while performing any acts that could forseeably harm others. It’s a requirement to exercise a reasonable degree of attention and caution to avoid negligence which could lead to harm to others. For me as a childminder it basically means I have a duty of care to protect any children in
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President of LBJ Re: Internal Controls My Recommendation Impact of going public Public companies‚ as the result of the passing of Sarbanes Oxley Act of 2002‚ are necessary to document their controls‚ assess the documented controls and have their external auditors examine their testing of controls and note down a report about the efficiency of controls surrounding financial reporting. As a result‚ there will be supplementary work on designing‚ testing and auditing of controls if you come to a decision
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Where are you going‚ where have you been? In the short story “Where Are You going? Where Have You Been?”‚ by Joyce Carol Oates. The use of the symbolism of Connie’s clothes‚ her fascination with her beauty‚ Arnold Friend’s car and Arnold Friend himself help to understand the story’s theme of evil and manipulation. The story‚ fill with underlying tones of evil. In this short story‚ Oates write about 15-year-old Connie‚ the protagonist of the story‚ a pretty girl who is a little too into her own
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