segregation of duties. Explain why these situations are an issue for the business. Discuss how the problem may be solved. Romney & Steinbart (2006) states that‚ Good internal control requires that no single employee should be given too much responsibility over business transactions or processes. An employee should not be in a position to commit and conceal fraud.’ Segregation of Accounting Duties In accordance to Romney & Steinbart (2006)‚ effective segregation of accounting duties is achieved
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Explain what it means to have a duty of care in own work role. To have a duty of care means to be accountable for the children and young people in our care by e.g. exercising authority‚ managing risks‚ working safely‚ safeguarding children and young people‚ monitoring own behaviour and conduct‚ maintaining confidentiality‚ storing personal information appropriately‚ reporting concerns and allegations‚ making professional judgements‚ maintaining professional boundaries‚ avoiding favouritism‚ maintaining
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Task 1 1.1 What it means to have a duty of care in your work rol? Duty of care can be defined as "an obligation‚ recognised by law‚ to avoid conduct fraught with unreasonable risk of danger to others". Every teacher and school authority owes a duty of care to take reasonable care to ensure that their acts or omissions do not cause reasonably foreseeable injury to their pupils. („The Law Handbook”.) A duty of care is a legal obligation imposed on an individual requiring that they adhere to a standard
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5. Director’s Duties Director’s Duties are part of the idea of risk management; because they take risks all the time‚ they require a certain element of regulation. The law must provide a way of mitigating against the risk‚ so creditors and shareholders can have potential recourse. This is all done indirectly; the company will recover in the event of a breach of duty arising. If the company recovers and suffers no harm‚ then that protects shareholders and makes sure their investments are secure.
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What You Can Expect From Me as an NCO As a Non-commissioned Officer you can expect me to be a professional leader dedicated to taking care of soldiers‚ the mission‚ and the army way of life. You can expect me to use Army Regulations‚ Technical Manuals‚ and direct orders from my superiors as my guidance on what actions to take in each situation faced whether tactical or technical. I will not be afraid to make sound and timely decisions in the absence of my leadership’s orders. When left in charge
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To Become the President of the United States you must be a natural born citizen and you at least need to be 35 years of age. You also need to have lived in the United States for at least 14 years. As the President of the United States you get Pay and benefits the congress determins the President’s salary. It can neither be increased or decreased during a presidential term. The President’s pay was first set at $25‚000 year in‚ 1789. Now its up to $400‚000 a year. The President also gets provided with
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Duty of care 1.1 1. Protect the rights and promote the interests of individuals‚ key people and others. 2. Strive to establish and maintain the trust and confidence of individuals‚ key people and others. 3. Promote the independence of individuals while protecting them as far as possible from danger or harm. 4. Respect the rights of individuals while seeking to ensure that their behaviour does not harm themselves‚ key people or others. 5. Uphold public trust and confidence in health and social care
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Unit SHC24 duty of care Denise Keable Outcome 1 1.1 duty of care n. a requirement that a person act toward others and the public with watchfulness‚ attention‚ caution and prudence that a reasonable person in the circumstances would. If a person’s actions do not meet this standard of care‚ then the acts are considered negligent‚ and any damages resulting may be claimed in a lawsuit for negligence. Taken from The Free Dictionary by Farlex 2. I need to ensure that I take into consideration
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DUTIES OF DIRECTORS Directors of a company normally have exclusive power to manage the company’s business and exercise its powers. At common law‚ the duties were owed to the company‚ to employees‚ to individual shareholders and creditors. 1.0 Duties of Directors to the company It is convenient to categorise the duties of directors into fiduciary duties which arise because they are quasi-trustees of the assets of the company. The word ‘fiduciary’ refers to trust and confidence. ‘A fiduciary is
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Duty of Care. - Risk Assessment for excursion. 80 Students to Sydney entertainment centre‚ Points to consider- - Security - Dressing areas - Outside entertainment area - General Public - Teacher/adult supervision - medical and behaviour plan that are in place in case of an incident - Mobile range/service for emergencies - Full equipped first aid kit Student M -10 year old‚ was demonstrating behaviour in a public toilet that was unacceptable‚ (Jumping on a change table). When this
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