Required: Is the president correct? Prepare an analysis to indicate what the results would be if Department 3 were eliminated.

Principle 3 A governance system should be dynamic. This means that each time one or more of the design factors are changed (e.g., a change in strategy or technology), the impact of these changes on the EGIT system must be considered. A dynamic view of EGIT will lead toward a viable and future-proof EGIT system. Current Practice Recommendation Principle 4 A governance system should clearly distinguish between governance and management activities and structures. Current Practice Recommendation Principle 5 A governance system should be tailored to the enterprise's needs, using a set of design factors as parameters to customize and prioritize the governance system components. Current Practice Recommendation Current Practice Principle 6 A governance system should cover the enterprise end to end, focusing not only on the IT function but on all technology and information processing the enterprise puts in place to achieve its goals, regardless where the processing is located in the enterprise.…

Financial vs. Operational Control; Behavioral Considerations in the Standard-SettingProcess You have been assigned to a strategic leadership committee that has been charged bythe CEO with developing and implementing a comprehensive management accounting and controlsystem. At the first planning session that you attended, the subject of financial-control systems arose,but there was some uncertainty regarding the nature of such systems and some of the behavioralconsiderations that might have to be made in the design process. You have been asked by the chair ofthe committee to prepare a short written document that could be used as the basis of discussion at thenext meeting. Specifically, you have been asked to define and distinguish between operational control and financial control and how such systems relate to an organization’s management accountingand control system; explain the theory behind the use of flexible budgets, standard costs, and variance analysis as elements of a…

it would be better to have an open-ended contract between the company and the government. Discuss the pros and cons of this idea.

a. Explain why the IRR may contradict the ranking of NPV and therfore not recmmeneded to use when choosing among mutually exclusive projects.\ (5 lines) b. Give two possible examples of such projects. (choose realistic projects, or actual projects you know of) Exaplain your choice?

Adequate project controls like SPI and CPI have the advantages of a. holding people accountable b. Prevent small problems from getting large c. making the work of accounting department easier d. both A and B are correct C. A,B and C are all correct

Below are events, for each event, identify the type of risk the event entails, classify your identified risk as either systematic or unsystematic risk; Public policy Boards’ risk blindness: risk Information glass ceiling Managerial inefficiency and ineffectiveness Risk assessment strategy Not satisfied at all, please above is my question. Please what type of risk the event entails.