Even though technology has improved the internal control structure of a company, a supervisor cannot depend totally
Question:
Even though technology has improved the internal control structure of a company, a supervisor cannot depend totally on technology. Discuss other internal controls a supervisor needs to implement to ensure a strong structure.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Internal control It is a set of controls that ensure the smooth and effective management of the busi...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
Question Posted:
Students also viewed these Business questions
-
Discuss how the organizational structure of a company has to be adapted as it progresses from a solely domestic to a global firm.
-
The optimal capital structure of a company as suggested by its financial analyst is 60% equity and 40% debt. Since, all the earning of the company are paid out as dividends, therefore it does not...
-
The capital structure of a company with relevant market information are shown as below: Common stock: There are 55 million shares outstanding of $10 par. The stock has a beta coefficient of 1.8. The...
-
Why should one-time write-offs of fixed capital be used in absorption cost systems?
-
Describe the six steps in the selling process and what they entail.
-
It costs $1 billion to build a new fabrication facility. You will be selling a range of chips from that factory, and you need to decide how much capacity to dedicate to each chip. Your Woods chip...
-
You have been asked by the board of trustees of a local church to review its accounting procedures. As a part of this review, you have prepared the following comments relating to the collections made...
-
Golding Manufacturing, a division of Farnsworth Sporting Inc., produces two different models of bows and eight models of knives. The bow-manufacturing process involves the production of two major...
-
During the year, the Senbet Discount Tire Company had grosssales of $1.22 million. The company\'s cost of goods sold andselling expenses were $541,000 and $231,000, respectively. Thecompany also had...
-
Is it ethical to sell a product that is. at best, only mildly effective? Discuss. Is it ethical to exploit cultural norms and values to promote a product? Discuss. Is the advertising of Fair &...
-
There are several elements to internal controls. Which of the following would not address the issue of having cash transactions reported in the accounting records? A. One employee would have access...
-
Lavender Company started its business on April 1, 2019. The following are the transactions that happened during the month of April. Prepare the journal entries in the journal on Page 1. A. The owners...
-
Foster Co. manufactures a single product in one department. Direct labor and overhead are added evenly throughout the process. Direct materials are added as needed. The company uses monthly reporting...
-
State three digital marketing objectives in SMART format. Digital marketing objectives: Provide rationale for each objective and identify which marketing mix element it supports. Include...
-
By now, you should understand the importance of analysis in assessing market potential and choosing target markets. There is an abundance of literature discussing various frameworks for analyzing the...
-
Despite the success of an 9W brands, newly introduced brand extensions are not guaranteed to succeed in the markets in which they compete. An example is Colgate's lasagna brand extension. Outline the...
-
Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance....
-
Design a 16k*8 memory map using the following memory units in the given order. The data bus is 8 bits and the address bus is 16 bits. 1. Two 2k*8 One 4k*8 One 8k*8 2. Draw the memory map. Make sure...
-
In each case show that T: R2 R2 is not a linear transformation. (a) T(|x y|T) = [xy 0]T (b) T(|x y|T) = [0 y2]T.
-
Heineken N.V., a global brewer based in the Netherlands, reports the following balance sheet accounts for the year ended December 31, 2016 (euros in millions). Prepare the balance sheet for this...
-
Go back and read the case regarding the Minnesota Public Radio in Chapter 14. Was William Kling a social entrepreneur? Why or why not?
-
Nonprofit partnerships with business, discussed in Chapter 14, provide a nonprofit with earned income. Are such partnerships examples of social entrepreneurship? Why or why not?
-
Thinking back on the discussion in Chapter 13 about the importance of developing a case for philanthropic support, how do you think an organization's case might need to be tailored to cultural...
-
Develop a 3-year financial projection for your proposed cancer tele-genetics program . State any and all assumptions you make in creating your estimates. Please consider the following in creating...
-
Lets assume that we have project L, which has a 40% chance of turning out good. The company Raises $7,000, 50% from bondholders demanding a 6% interest rate and 50% from stockholders, which becomes...
-
Please assist in the filling out the above and below table. I have provided all information that has been provided to me. Company Shares Outstanding Latest Share Price MVE Total Debt W d W e a b c =...
Study smarter with the SolutionInn App