CASE 3.5 : GOODNER BROTHERS‚ INC. 1. Internal control objectives Goodner’s Huntington sales office should have implemented: a. Separation of duties: Sales reps like Woody were given unrestricted access to the accounting system where they could directly enter transactions. Sales reps also had direct access to inventory storage areas‚ and often delivered customer orders. b. Physical controls: Pad locks served as the security of Goodner’s inventory. There should have been stronger security
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What should Altius’s objectives be? What trade- off’s must it manage? With Altius staying just focussing with the manufacturing top of the line golf balls‚ their business would only continue to drop. Fortunately the brand value of Altuis was recognised and respected very much by many top notch golfers of the country‚ but this does not mean that they had a lot of profits. Focusing on the low price golf equipments‚ such as Elevate golf ball and changing the marketing strategy from targeting proficient
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•Should Nixon have been impeached? The Watergate scandal was the first of its kind in United Stated history. The scandal created an uproar in the country between the people and most of all the government and the powers that be. President Nixon along with high ranking members of his staff at the time were have said to be involved in the stealing of equipment and cash and planting evidence on June of 1972. During this time some of Nixon’s high ranking staff were charged with being involved with
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Consulting Firm Inc. has been hired to review Auto Parts Inc. company functions. The consulting firm reviewed the cash‚ sales‚ accounts receivable‚ inventory and production functions. Based on this review‚ the consulting firm has prepared a proposal of internal controls for each function of the company. This proposal will give a background of each function and a list of the proposed internal controls. Cash Auto Parts Inc. manufactures and sells auto parts to car dealerships as well as the general
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this character‚ Connie‚ in “Where Are You Going‚ Where Have You Been?” by Joyce Carol Oates‚ is depicted as a self-centered‚ condescending‚ insecure fifteen year old girl growing into a woman. Connie comes off as a troubled young girl who consistently uses her sexuality for attention but at the same time is afraid of intimacy. This is said be due to her fractured relationships with her family; her frequent excursions with older boys that appeared to not have any interest after the first encounter
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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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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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Introduction 2 Five Performance Objectives 3 Implement and Support Process 5 Evaluating Model 6 Conclusion 7 Reference 8 Introduction “Operation strategy concerns the pattern of strategic decisions and actions which set the role‚ objectives and activities of the operation.” It refers to the process to set mission and goals‚ make specific decisions for achieve specific objectives; and the procedure to design and formulate the strategy of operations. Operation strategy is one part of the organizational
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various access control methods used by Operating Systems (OS) to control user access to files on a computer and what they can do once they have gained access. In this first section I will look at methods such as Access Control Lists(ACL’s)‚ Capabilities and Encrypting file systems(EFS) and which Operating Systems use these as well as the advantages and disadvantages they have over each other. The second part of my report will focus on one OS and explain in detail the methods it uses to control file access
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adolescents‚ is filled with apprehension and anxiety. For the protagonist Connie‚ this distress is expressed in her dreamlike encounter with Arnold Friend. In the short story “Where Are You Going‚ Where Have You Been?‚” Joyce Carol Oates used the interaction between her two main character‚ to reveal the internal fear and conflict of a fifteen year old girl maturing into a young woman. Oates chooses narrate her story in the third person giving us a glimpse in to Connie’s thoughts‚ her lonely
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