Give examples and lucid explanation of the various types of control that can be used by a manager. Managers can implement controls before‚ during or after an activity has been completed. The first type of control is called feedforward control; the second‚ concurrent control; and the last feedback control. Feedforward control Feedforward control anticipates problems. It is the most desirable type of control due to the fact that it actually prevents the problem as it takes place before the activity
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Birth Control; Is It Worth It? Teenagers should know that they can control how their whole life can be just by making one decision. In 2006-2010 56% of female teens had used or was currently using a form of birth control. Most people believe the most effective birth control is being on “the pill” or using condoms. Some are also using abortion as a form of birth control. The most effective birth control method besides abstinence is “Implanon”‚ followed by the “IUD” and “the Shot”. Although all
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Security controls enable organizations to have a measuring stick where they can assess the effectiveness of their practical and operational security statements and controls against industry standards. These security controls act as guidelines to check the organization’s security statements for their maturity and capabilities. Security controls also provide a model framework in order to create a Gap assessment‚ enable the focus on remediation planning‚ and increase the awareness and interest of the
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Internal & Managerial Control “Internal (Management) Control is the set of accounting & administrative controls and practices that help ensure that approved and appropriate decisions are made in an organization” * in other words‚ to make sure that the right thing happens and the wrong thing does not happen‚ either purposely or accidentally Why Internal Control? 1. To safeguard the assets against waste‚ loss & misuse 2. Check the accuracy and reliability of accounting data
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CONTROL Control is a systematic effort to set performance standards with planning objectives‚ to design information feedback systems‚ to compare actual performance with the predetermined standards‚ to determine whether there are any deviations and to measure their significance‚ and to take any action required to assure that all corporate resources are being used in the most effective and efficient way possible in achieving corporate objectives. Control is taking conscious measures that synchronize
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you characterize the "control strategy" (e.g.‚ tight vs. loose) used over each of these roles? A. Blackjack dealers (tight controls) Dealers are highly visible which does not allow for fraudulent activity. This in itself is a tight control but other tight controls in place include: table assignments‚ closed circuit television (CCT) observation‚ 2 dealers at the table‚ and other employees on the floor keeping watch. Standardization is also part of the tight controls for blackjack dealers
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Internal Control Procedures ASSIGNMENT 1. Who is ultimately responsible for the corporate governance of an organisation? The Board of Directors 2. Who else plays a part in corporate governance? Shareholders‚ auditors and other stakeholders. 3. Who are the stakeholders? A person‚ group or organisation that has interest or concern in an organisation. 4. List the corporate governance requirements a company needs to adhere to: The company has an adequate system of internal control in
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English 3 April 16‚ 2013 Birth Control‚ Why be Frowned Upon? Birth control is a way to prevent your daughter from having a kid as a kid‚ not a statement telling her that it is okay to freely have sex. If you know and understand that your daughter is having sex‚ wouldn’t you want the peace of mind that she is being safe‚ and protected? There are several ways to take birth control‚ and the doctor will choose the best method for the patient. Birth control has a 99% protection rate when taken
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Internal Controls XACC/280 Whenever having a company‚ he or she must have the right aspects so that business can run as smoothly as possible. The existence where not having the company together as supposed to‚ then there are problems that can follow. Internal control is the safeguard of the assets and the accuracy along with able to rely on he or she’s accounting records and the guide to success is making sure that he or she follows the control principles. The two sentences before this is the
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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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