Discuss the legal context of IDP, Budget and Performance
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Discuss the legal context of IDP, Budget and Performance
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- Explain the primary purpose of a cost-allocation system. Explain the difference between a prospective and retrospective approach to a risk management program.Case 1: The CARE Corporation uses an IBM mainframe computer system with peripheral optical reader and high-speed laser printer equipment. Transaction information is initially recorded on paper documents and then read by optical equipment that produces a magnetic disk containing the data. These data file disks are processed by a computer program, and printed listings, journals, and general ledger balances are produced on the high-speed printer equipment. Required: Explain how the audit standard requiring “adequate technical training and proficiency” is complied with the audit of CARE Corporation’s financial statements. Case 2 Increasing use of sophisticated EDP systems has produced significant changes in the accounting environment. Some of these changes are the following: documents that are used to enter information into the computer may exist for only a short time or only in computer-readable form. In some computer systems, input documents may not exist at all, because information…explain the importance of a master risks list
- Describe top management controls and their relation to client business risk.What are the principle guidelines to recognize the risk s at the risk management?Provide 3-4 Hong Kong (DCPI/HCPI) court cases about one finger amputation and PSLA calculation which is about Employment Compensation and provide reference
- Classification of Costs The following costs were taken from the accounting records of theBarnwell Manufacturing Company:1. State income taxes2. Insurance on the manufacturing facilities3. Supplies used in manufacturing4. Wages for employees in the assembly department5. Wages for employees who deliver the product to customers6. Interest on notes payable7. Materials used in the production process8. Rent for the sales outlet in Sacramento9. Electricity for manufacturing equipment10. Depreciation expense on delivery trucks11. Wages for the sales staff12. Factory supervisors’ salaries13. Company president’s salary14. Advertising expenseRequired Classify each item as either a product cost or a period cost. Also, classify all product costs asdirect or indirect, assuming that the cost object is each unit of product manufactured.explain difficulties in the process of monitoring directors in discharging their duties, IN ESSAY FORM.Description of measures implemented/Please provide specific information per each contract (for PV plant) related to the following aspects: emergency response, site security, safety, construction facilities and temporary Services, hazardous materials, archaeological discoveries/chance finds, conduct of employees, human rights, forced labour, resettlement action plans, and any other relevant Environment ,Social ,Health and Safety aspect related with the contract (for PV plant) and measures implemented
- How can we explain the differences between legal risks and liability issues to someone who has never heard of these term telemedicine before?What are the advantages and limitations of residual income (RI) as a performance measure?What is the difference documentary collection and documentary credit (letter of credit)?