Office Product was a regional distributor of office supplies to institutions and commercial businesses. The company offered a comprehensive product line like simple writing implements and fasteners to specialty paper for modern high-speed copiers and printers. Warehouse personnel in the company’s distribution center unloaded truckload shipments from manufactures‚ and moved the cartons into designated storage location until customers request the items. Typically‚ the company shipped products to its
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Using weak passwords‚ Unencrypted data storage‚ passing clear text credentials over the network‚ using weak authentication mechanisms‚ allowing prolonged session lifetime Access to credentials through data theft‚ access to authenticated user session‚ attacker can do network eavesdropping‚ brute force attacks‚ dictionary attacks‚ cookie replay attacks Use strong password policies‚ do not store credentials in insecure manner‚ use authentication mechanisms‚ encrypt communication channels‚ use secure
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Threat of Substitute Products and Services-Low A new product in the market may satisfy the needs and wants of a common client in several ways (Porter‚ 2008). This threatens the profitability of the industry. For example‚ software storage applications may act as substitutes for hardware storage devices. If the substitute product presents a value proposal‚ which is distinctively dissimilar to‚ the current offers in the industry‚ the threat of the substitute is said to be high. It is however said to
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Management Accounting The wake of the 21st century brings with it more challenges than the long awaited relief amidst the corporate world. Even with the improvement and introduction of cutting edge technology‚ management issues still remain a hassle even with the best tools and the best brains in the trade. Problems and issues pertaining to management are very sensitive especially when it comes to managing a company’s finances. The waxing and waning of the world economy makes this process even harder
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Running Head: FINANCAL MANAGEMENT Financial Management Answer No. 2 First advantage of outsourcing is that the organization is in the position to ensure that it is able to complete its activities in a swift and expert manner. Second advantage of outsourcing is that it helps organization to concentrate on core process instead of supporting processes carried out by it. Third advantage of outsourcing is that the organization will be in the position to ensure that it is engaged
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DC10 PART-I DATABASE MANAGEMENT SYSTEMS TYPICAL QUESTIONS & ANSWERS OBJECTIVE TYPE QUESTIONS Each question carries 2 marks. Choose the correct or best alternative in the following: Q.1 In the relational modes‚ cardinality is termed as: (A) Number of tuples. (B) Number of attributes. (C) Number of tables. (D) Number of constraints. Ans: A Q.2 Relational calculus is a (A) Procedural language. (C) Data definition language. Ans: B Q.3 The view of total database content is (A) Conceptual view
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Chapter 3 – Ethics‚ Fraud‚ and Internal Control Fraud 1. Compare and contrast employee fraud vs. management fraud. a. Employee Fraud a. Nonmanagement employees convert cash or assets to direct employee benefit b. Management Fraud – Performance Fraud a. Does not involve direct theft of assets b. Fraud is perpetrated above which the internal control structure generally relate c. Use financial statements to create an illusion that an entity is healthier than it is d. Misappropriation of
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Accounting Standard 10: Accounting for Fixed Assets • Fixed asset is an asset held for producing or providing goods and/or services and is not held for sale in the normal course of the business. • Cost to include purchase price and attributable costs of bringing asset to its working condition for the intended use. It includes financing cost for period up to the date of readiness for use. • Self-constructed assets are to be capitalised at costs that are specifically related to the asset and those
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MODULE 1 Management Accounting Module 1 Management Accounting Objectives Aim To provide an understanding of the nature of management accounting and its role in the process of managing and controlling the enterprise. Key Concepts ▪ Management accounting ▪ Management control ▪ Decision making Learning Outcomes By the end of this section you should be able to understand: ▪ The purpose of management accounting ▪ The concepts and processes of control. The
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and Capital Structure Case 5 American Home Products Corporation Assess American Home Products ’ (AHP) business risk. THE BUSINESS RISK OF A COMPANY INCLUDES ΒR WHICH IS RELATED TO ITS REVENUE AND OPERATING LEVERAGE WHICH ARISES FROM FIXED COSTS OF PRODUCTION. IN GENERAL‚ THE PHARMACEUTICAL INDUSTRY HAS A VERY HIGH BUSINESS RISK DUE TO HIGH RISKS AND COSTS THAT ARE ASSOCIATED WITH THE RESEARCH AND DEVELOPMENT OF NEW PRODUCTS. AMERICAN HOME PRODUCTS HAS A LOW BUSINESS RISK IN COMPARISON TO THE
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