Question

Is flowcharting realistic for most firms? If you were the controller of a smaller firm -...

Is flowcharting realistic for most firms? If you were the controller of a smaller firm - perhaps 500 employees and just one location - would you feel the need to have flowcharts for the accounting system? Please justify your response with at least 8 sentences.
Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Assume that you are a newly appointed junior auditor in PwC, an auditing firm. After a...
Assume that you are a newly appointed junior auditor in PwC, an auditing firm. After a 3-month rigorous training on the job, you have been awarded the certificate of completion and is now ready to embark on your very first assignment. Today, your first job was to evaluate the audit evidence gathered by your team from Salalah Trading and see if they are reliable or not based on ISA 500. The following are the evidences gathered in various forms: a)...
Penny is the first Controller ever hired at a medium-sized farm machinery company. The firm has...
Penny is the first Controller ever hired at a medium-sized farm machinery company. The firm has reacquired tractors and other parts and equipment from farmers who filed for bankruptcy or were seriously behind in their monthly payments during a recent two-year downturn in the economy. In addition, the firm has acquired some miscellaneous inventory from competitors experiencing the same misfortune. One of Penny’s initial goals is to determine how accurately the inventory on the books reflects its fair market value....
Please submit an original 50 word response to the summary below: The organization in which I...
Please submit an original 50 word response to the summary below: The organization in which I work is not fully designed to handle these types of processes but they are slowing progressing toward a more technological system. While the company does have computers, some of their systems are still outdated and need to be upgraded. An example is the system we used to clock in for work or clock out. When I started at this company about seven years ago,...
You should make original posts discussing any three of the following statements. You are also required...
You should make original posts discussing any three of the following statements. You are also required to post at least three responses to other student’s posts. Please note that this is a minimum requirement. Your grade will be a function of your effort. Please i need a solution on three of 8 topics below. Thank you 1. If you were evaluating an investment opportunity, which technique would you use and why? 2. When evaluating investments, you can get data from...
Hey i just read your comment and you just need to answer do you agree or...
Hey i just read your comment and you just need to answer do you agree or disagree with ir and explain My Teacher gave this answer and we need to response this answer You need to response this answer why you agree with it or why you disagree and explain You have Two Answer you need to response on your own word Reactions may include: feedback, agreements, disagreements, etc. with supporting facts, material, citations, etc. to support your reaction (or...
could you please answer now..? Suppose a firm with 3 business units - J, H &...
could you please answer now..? Suppose a firm with 3 business units - J, H & K - has an overall WACC of 12%. Invested capital in each unit earns the following returns: J = 7% H = 12% K = 15% The firm's stakeholders would best be served by: Growing unit K while divesting unit H Growing all units since each has a positive rate of return Growing unit J while divesting unit K Growing unit K while divesting...
Question 2 - 10 marks (1,500 words) The Senior Partner of the firm you work for...
Question 2 - 10 marks (1,500 words) The Senior Partner of the firm you work for has appointed you to a new role. It is now your responsibility to review upcoming accounting standards and provide a report to the partners on the proposed standard and the opinions of other industry players on the changes. Firstly, you are required to find a current exposure draft or proposal for a new accounting standard which has been opened for public comments. (These can...
Imagine for a moment that you have a 15 year-old daughter. She's always been a good...
Imagine for a moment that you have a 15 year-old daughter. She's always been a good student and gets good grades. She's helpful around the house, active in soccer and basketball, and has always shown you good judgment in making decisions on her own. Since last summer, the end of middle school and start of high school, she has become quite tight with a group of girls she's known since childhood. They are in the same classes, live close to...
How do you relate the most to this story and why? In two strong paragraphs, explain...
How do you relate the most to this story and why? In two strong paragraphs, explain what it is about the tone and/or imagery of the story that speaks to you and why. Use some text examples to support your response Hills Like White Elephants (1927) The hills across the valley of the Ebro1 were long and white. On this side there was no shade and no trees and the station was between two lines of rails in the sun....
Team 5 answer the questions What are 4 key things you learned about the topic from...
Team 5 answer the questions What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Incentive Systems             In this paper, we will focus primarily on financial rewards that companies use to attract, retain and motivate the brightest and most talented candidates in the labor market. By providing a reward system that...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT