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.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
why would a lender be interested in a firms liquidity ratios what raitos would you be...
why would a lender be interested in a firms liquidity ratios what raitos would you be most interested in if you were planning to invest in a firm? why does the IRS allow firms to depreciate assets? why do we use ratios to analyze and compare firms instead of just comparing their balance sheets and income statements?
You are the manager of a firm that competes against four other firms by bidding for...
You are the manager of a firm that competes against four other firms by bidding for government contracts. While you believe your product is better than the competition, the government purchasing agent views the products as identical and purchases from the firm offering the best price. Total government demand is Q = 1900 -10P and all five firms produce at a constant marginal cost of $120. For security reasons, the government has imposed restrictions that permit a maximum of five...
If you were an administrator planning and setting up a brand-new nursing facility, what system would...
If you were an administrator planning and setting up a brand-new nursing facility, what system would you set for evaluating the performance of your employees? Would you include formal performance evaluation meetings between managers and employees? Why or why not? Please respond 500 words. Do not handwrite**
Govermment Markets.. Let’s say that you work for a large multi-national US firm as the VP...
Govermment Markets.. Let’s say that you work for a large multi-national US firm as the VP of Purchasing. Your firm has been trying to get a large contract approved with a foreign government. This contract has the potential to provide $500 billion in sales revenue to your firm. If you were asked to provide a small tip to an officer of the foreign government to get this contract approved and signed, would you? Think deeply. This is outside of the...
1.Since most modern cars share similar characteristics, what do BMW customers really buy? 2.If you were...
1.Since most modern cars share similar characteristics, what do BMW customers really buy? 2.If you were Joseph Wierda, what criteria would you use to decide whether to offer video streaming for the X5 model? 3. Explain whether BMW X3 customers really need millions of combinations for their cars, or would they be just as happy with standard options like the other models?
Knowling goes on to say about fear that once people know change is coming, 'you can...
Knowling goes on to say about fear that once people know change is coming, 'you can cut it with a knife'. He implies this is normal as well, which I too agree. He then says that his way of 'dealing with it' is to tell people that they need to deal with the fear and not let it immobilize them into doing nothing. Again I agree with this statement, but I am not fully supportive of the notion that you...
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 are a researcher working for an educational research firm. Your firm was asked to conduct...
You are a researcher working for an educational research firm. Your firm was asked to conduct a satisfaction survey among the parents of students attending the School District public schools. Your boss has asked you to develop a sampling design for this survey. For this survey, you are asked to select a representative sample of parents. When you answer the questions, keep the following in mind: Assume that you have unlimited authority to access all the information you may need...
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....
You work for a company that is being accused of monopoly behavior, given its large size....
You work for a company that is being accused of monopoly behavior, given its large size. Comparisons are made to the industry standard, where each establishment has on average about 16.3 employees. Your company is bigger than that, but you want to provide evidence against the monopoly charges. You’ve collected data at different times in your company’s history, when you had different amounts of capital. In 2012, SRATC=17Q2−2,200Q+100,000 In 2015, SRATC=37Q2−1,500Q+55,000 In 2018, SRATC=20Q2−2,000Q+75,000 1. After plotting these three different...