receipts and posting the payments to the customer accounts. This leaves much room for error and fraud. Ms. Flat also has control or access over all cash receipts as well as being responsible for posting the payment to accounts. 2. Principle violated- Establish Responsibilities. The task of petty cash custodian should only be the responsibility of one person. This should be the only person responsible for the process it would be hard to determine who was to blame if the petty cash came up short. The company
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The purpose of this analysis is to determine whether or not the approval of sports betting would help Central increase gambling revenue. I will conduct this analysis by building a Decision Support (DSS) model that forecasts the proposed sports betting program’s financial situation for the next 10 years. This model will be used to provide proper reasoning for the approval or disapproval of the sports betting proposal; also I will use this model to support and explain my recommendation on the matter
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JFT2 Task 1 Western Governors University JFT2 Task 1 A. Analysis The economic downturn across the United States caused a decrease in funding to performing arts. Thus a proposal to merge the Utah Symphony and Utah Opera companies was made. There have been very few mergers of this type in history. In 1963 the Madison Symphony Orchestra and Madison Opera merged. Also‚ in 1985‚ the Chattanooga Opera and Chattanooga Symphony combined. These entities remained combined for a period of time‚ but
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Decision Analysis JGT Task 1 Melissa Brooks Western Governors University November 16‚ 2014 A Workflow Crown shoes were founded in 1965‚ and then changed its name to Shuzworld in 1995. It is an established company with stores in 50 stores nationwide. It controls three shoe manufacturing plants in China where they produce their own specialty shoe lines. Shuzworld is experiencing operational challenges in their production factory in Shanghai China. It is important to the success of the China
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Decision Analysis Task 1- Tara Johnson A. In order to improve the current workflow in the plant‚ I recommend using the work stations layout tool whether through the Excel or POM program. This will help to show a clearer picture of the work flow that is present at Shuzworld‚ with allotting equal times in each work station. This will enable the company to find the shortest time to be used in each station for optimal performance and production of all shoes. Decision Analysis has been established to
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Jason White Financial Analysis JET2 Task 1 February 18‚ 2015 For this task I preformed an analysis of the financials of Competition Bikes‚ Inc. In the following pages I will discuss my findings in detail. I will find weaknesses and strengths as well as indicators of how the company’s financial health is. Also included will be some potential ways to make adjustments to correct the weaknesses. Some of the operational strengths and weaknesses were identified by reviewing the horizontal‚ vertical‚
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QRT Task 2 A1. E-Commerce Solutions. Spice King houses its menu as well as a shopping cart for gathering orders. Payments are taken online through a company called Eat24. When clicking on checkout from Spice King’s site‚ customers are routed to Eat24’s secure site where they simply enter their payment information. Payments can be made via several payment types‚ including cash at delivery. Eat24 secures private payment information encrypting it with a SSL certificate. Eat 24 acts as a local
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………………………………………………… 02 TASK 01 ………………………………………………... 03 – 22 T1.1 ………………………………………………... 03 - 11 T1.2 ………………………………………………… 12 -22 TASK 02 ………………………………………………… 23 - 36 T2.1 ………………………………………………… 23 - 27 T2.2 …………………………………………………. 28 - 31 T2.3 …………………………………………………. 32 - 36 TASK 03 ......................................................................... 37 - 47 T3.1 …………………………………………………. 37 - 43 T3.2 …………………………………………………. 44 - 47 TASK 04 …………………………………………………..
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To be successful in an expanding world market‚ Shuzworld must be innovative in addressing challenges using sound management principles and decision analysis to determine the best options for operations. Asian Workflow Workflow improvement in the Chinese factories has been identified as an area of opportunity for Shuzworld in Shanghai. After meeting with Alistair Wu‚ Production Manager—who is responsible for all three Shuzworld facilities in China‚ the assembly line process was reviewed for efficiency
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Task 1 Accounting record is defined as the all of the documentations involved in the preparation of financial statements and records which are relevant to financial review and audits which include recording of assets and liabilities‚ ledgers‚ journals‚ and any other supporting documents like invoices. Ledger: Maintaining ledger is a must in all accounting system. Ledger is used for preparing trial balance which checks the arithmetical accuracy of the accounting books. Ledger is the store-house
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