Justification for an Internal Control System ACC/544 December 2‚ 2013 Justification for an Internal Control System The internal control system has been used since the company was in need of the system and until this day it has been working to its fullest potential. Internal control plays an important key in making sure that the accounting information‚ financial data‚ meeting the targets‚ and ensuring that the management policies are getting followed. There are two elements in making an
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Justification for an Internal Control System Cynthia Kinney ACC544/Internal Control Systems June 27‚ 2011 Gary Godfrey Justification for an Internal Control System An internal control system is described as a way to control an organization better‚ minimize risk‚ reduce loss‚ and achieve goals. Two approaches‚ political and insurance‚ are used to justify the need for this type of system. Issues such as security valuation‚ asset allocation‚ optimization‚ and performance are considered with
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Running Head: DETERMINING JUSTIFICATION FOR RFID TECHNOLOGY Determining Justification for RFID Technology Bahram Izadi‚ Master Student of Business Management‚ University of Isfahan‚ Isfahan‚ Iran and John Boyd‚ BASc‚ Computer Engineering‚ University of Ottawa‚ Ottawa‚ Canada Abstract "What are the benefits?" is a common question for any organization considering implementing a new technology. This is an especially important question for small or developing companies‚ where an error
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Justification for an Internal Control System Ginger Lankford Internal Control Systems ACC544 Robert J. Cornett‚ MBA October 4‚ 2010 Justification for an Internal Control System Businesses need an efficient and cost-effective internal control system even with insurance and a portfolio approach control in place. Insurance is necessary and the portfolio approach is very effective but is more reactive than preventive. Internal control sets the foundation to ascertain reasonable assurance
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and explanation of Effort Justification Effort Justification is a theory of social psychology stemming from Festinger ’s (1957) theory of Cognitive Dissonance. Effort justification theory states that people have tendency to attribute a greater value to an outcome they had to put effort into obtaining. Cognitive Dissonance theory attempts to explain people ’s change of attitudes or beliefs when they face a dissonance between contradicting cognitions. Effort Justification theory is only a subtype
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In my opinion‚ the treaties of Versailles couldn’t be justified at the time in a large extent. The treaties led Germany and her allies a very harsh punishment and suffered a lot at the time. The War Guilt Clause made them had to accept the total responsibility which was unfair because the Allies also caused the war happened. The ￡6.6 billion reparation from Germany was unacceptable for German at the time and led to the hyperinflation in 1923 and other economic problems. They had to pay reparations
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Capital Purchase Justification Grand Canyon University: HCA 530 July 10‚ 2013 This assignment requires justification to the vice president for approval to purchase a major piece of equipment for use in the radiology department of the hospital. My main objective is to provide valuable information to justify the cost as well as provide critical data that substantiates the ROI. Additionally‚ the report will have detailed information outlining the benefits that will assist in the decision
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�PAGE � �PAGE �1� Jefferson ’s Justification JEFFERSON ’S JUSTIFICATION FOR THE AMERICAN REVOLUTION NAME COURSE Instructor Date Jefferson ’s Justification for the American Revolution Even after fighting in the American Revolutionary War began at Lexington and Concord in April 1775‚ most colonists still hoped for reconciliation with Great Britain. Thomas Jefferson saw a need to justify this revolution in the eyes of the people. He‚ and other founding fathers‚ knew that for this revolt to be
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The American Revolution was the uprising of the existing thirteen American colonies to gain independence from Britain in the mid 1700’s. The American colonists began questioning Britain’s authority as early as the French and Indian War. During the French Indian War‚ the colonies wanted to defend themselves against the French in North America. They asked King George for permission to raise armies in order defend themselves. Although their reason to raise an army was sincere‚ George II was suspicious
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most people seek justification for their prejudiced actions or beliefs. If one can convince himself that another group is inferior or a threat to his way of life‚ he will feel comfortable with enforcing increased authority over that group of people. This desire to warrant asserting dominance over others is deemed “self-justification” in the literary text Causes of Prejudice by Vincent N. Parrillo. Bob Ewell in the novel To Kill a Mockingbird by Harper Lee‚ and
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