Module I - Assessment of Inherent Risk 1. See Figure BR.A-Biltrite’s organizational chart. Based on the chart and the case description‚ the following strengths and weaknesses should be identified: STRENGTHS: • The structure shows adequate separation within the CBIS function‚ i.e.‚ systems analysis and programming are separate from data processing and control (implications for control risk assessment) • Separation is also maintained between the accounting and finance functions (implications
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Biltrite Practice Case Module III: Control Testing – Sales Processing 1. The sampling plan in the design of controls does not provide tests about revenues and accounts receivables. The weakness that I could see is the fact that goods that were delivered to customers were not billed which result in bill of lading not being pre-numbered. Because of this‚ bills of lading do not count as an effective sampling unit. For a successful audit‚ auditors need to evaluate orders randomly and check to see
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Module 2 1. Identify strengths and weaknesses using the 20 principles outlined in COSO’s 2006 Guidance. Control Environment • Integrity and Ethical Values- he company and human resources department developed a code of conduct for Biltrite detailing expected standards of ethical behavior and distributed it to all existing employees. this instills a high ethical value into the environment‚ and shoes that management is wanting a high ethical and integrity of the company. • Board of Directors- Regarding
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Matt VanDerMeid FRQ 3 Louis the XIV was king of France from 1693 to 1715. He was an example of how to rule for many of the political leaders of the 18th century. An absolute ruler is defined by seven traits. Pacify and subjugate nobles‚ and centralize power around oneself. Another is to make both money and war. Dominate culture‚ make religion and finally build something worthy of your glory. Two Enlightened despots that took after Louis were Joseph II of Austria and Peter the Great‚ Czar
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political game of gaining the power‚ this way “the politics furnishes the frame and the center within and around which the drama of passions develops.” Thus‚ it can be seen that the political system resembles the centralized monarchy sustained by Louis XIV‚ but the play is more dramatic in the way that Racine brings together the political and the personal‚ the struggle between reason and passion. In addition‚ it seems that in the end‚ in Phèdre‚ the balance is restored with the return of the king who
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World History Honors 11 October 2011 Louis XIV and Absolutism Over the past hundreds of years‚ many monarchs have used absolutism to rule over their nations. Louis XIV used absolutism to keep his subjects loyal to him. There were many different aspects in Louis’s absolutism including fear and power. Louis created different materialistic objects and created jobs and laws to keep many of his subjects loyal. He also had many different characteristics that would make different types of people loyal
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Louis XIV became the king of the French state‚ in other words‚ France‚ in 1643 at the age of five after the passing of Louis XIII and assumed the personal direction of affairs in 1661 at the age of 23. Louis XIV reigned over the French state until 1715. A historian proclaimed that “Louis XIV carried the principle of monarchy to its utmost success and abused it to the point of excess”. This statement can be proven to be true and false through his political‚ social‚ and economic development throughout
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“One King‚ One Law‚ One Faith” King Louis XIV began his reign of France the day after Cardinal Mazarin’s death and expressed his determination to be a real king and the sole ruler of France. He reigned in France from 1643 to 1715 and held the desire to enhance the glory of his dynasty. Louis XIV consciously fostered the myth of himself as the Sun King‚ the source of light for all of his people. He was a staunch believer in the theory of divine-right monarchy‚ which was a based on the belief
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King Louis XIV’s Life and Reign Maureen Bauer HUM 361 King Louis XIV’s Life Louis XIV was born September 5‚ 1638 to his parents Louis XIII and Anne of Austria. He was their first child after twenty-two years of marriage. His brother‚ Philippe‚ was born in 1640. His parents did not have a happy marriage as they were chosen for each other and the King’s duties often kept them apart. The Beginning At the age of four King Louis XIII became ill with tuberculosis and rushed
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Leader Analysis Sheet Name of leader: Louis XIV Lifespan: 5 September 1638 – 1 September 1715 Title: Was an absolute monarch Country/region: Years in power: began his rule of France in 1661 after the death of his chief minister Political‚ social‚ and economic conditions prior to leader gaining power: His first priority was to prevent officials from abusing their power Louis continued his predecessors’ work of creating a centralized state governed from the capital Under
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