The following is an excerpt from a conversation between two sales clerks, Tracy Rawlin and Jeff Weimer. Both Tracy and Jeff are employed by Magnum Electronics, a locally owned and operated electronics retail store. Suggest appropriate control procedures that would have prevented or detected the theft of cash.

For the past several years, Kent Corporation had achieved remarkable success in winning R&D contracts. The customers were pleased with the analytical capabilities of the R&D staff at Kent Corporation. Theoretical and experimental results were usually within 95 percent agreement. But many customers still felt that 95 percent was too low. They wanted 98–99 percent. In 1989, Kent updated their computer facility by purchasing a large computer. The increased performance with the new computer encouraged the R&D group to attempt to convert from two-dimensional to three dimensional solutions to their theoretical problems. Almost everyone except the director of R&D thought that this would give better comparison between experimental and theoretical data. Kent Corporation had tried to develop the computer program for three dimensional solutions with their own internal R&D programs, but the cost was too great. Finally, after a year of writing proposals, Kent Corporation…

A company concluded that maintenance costs of running the company was too high. Discuss at least 5 ways to keep the company profitability, citing practical examples.

Which of the following is/are included in “safety needs”, according to Abraham Maslow? a. Protection from economic and physical environment b. Protection from only economic environment c. None of the given options d. Protection from only physical environment

An company can choose the best security controls for its environment. Distinguish between preventive, detective, and corrective control. Describe how the tools/rules/systems/equipment can protect organizations.

Rick Wing, salesperson for Wave Soldering Systems, Inc. (WSSI), has provided you with a proposal for improving the temperature control on your present machine. The machine uses a hot-air knife to cleanly remove excess solder from printed circuit boards; this is a great concept, but the hot-air temperature control lacks reliability. According to Wing, engineers at WSSI have improved the reliability of the critical temperature controls. The new system still has the four sensitive integrated circuits controlling the temperature, but the new machine has a backup for each. The four integrated circuits have reliabilities of 0.82, 0.84, 0.86, and 0.88. The four backup circuits all have a reliability of 0.82. a) The overall reliability of the new temperature controller =% (enter your response as a percentage rounded to two decimal places). 1. If you pay a premium, Wing says he can improve all four of the backup units to 0.91. the overall reliability of the new temperature controller with the…

The risks that the consequences of them are acceptable and no extra costs should be incurred to reduce hazard probability are categorized as: Select one: a. Intolerable b. Intolerable, Acceptable, and As low as reasonably practical (ALARP) c. As low as reasonably practical(ALARP) d. Acceptable

The 10th Amendment to the United states constitution is the primary source of authority for the federal regulation of buiness True False

Explain The hierarchy of Control for Hazards

Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the localcommunity. Customers love the quality of meet that Mr. Ferdinand sells so they tend torecommend his product to other persons. Recently, Mr. Ferdinand has been running out of beefto sell to his customers. One customer suggests to him that he must use past sales records toforecast demand for his beef so that he can meet his customers demand. 1. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast forhis beef.