Free Essay

Case 5

In:

Submitted By zikman
Words 1011
Pages 5
are here: Home / Models / Spiral Model
Spiral Model
December 22, 2011 by Tutor 19 Comments
Sdlc spiral Model includes the iterative nature of the prototyping model and the linear nature of the waterfall model. This approach is ideal for developing software that is revealed in various versions.

In each iteration of the spiral approach, software development process follows the phase-wise linear approach. At the end of first iteration, the customer evaluates the software and provides the feedback. Based on the feedback, software development process enters into the next iteration and subsequently follows the linear approach to implement the feedback suggested by the customer. The process of iteration continues throughout the life of the software.
An example of the spiral model is the evolution of Microsoft Windows Operating system from Windows 3.1 to windows 2003. We may refer to Microsoft windows 3.1 Operating System as the first iteration in the spiral approach. The product was released and evaluated by the customers, which include the market large. After getting the feedback from customers about the windows 3.1, Microsoft planned to develop a new version of windows operating system. Windows’95 was released with the enhancement and graphical flexibility. Similarly, other versions of windows operating system were released.
Spiral Approach Phases 1. Customer Communication: Includes understanding the system requirements by continuous communication between the customer and the system analyst. 2. Planning: Includes estimating Schedule, cost, and resource for the iteration. 3. Risk Analysis: includes identifying, estimating, and monitoring technical and management risks, such as schedule slippage and cost overrun. 4. Engineering: Includes requirement gathering and design of the software system. 5. Construction and release: Includes coding, testing and deploying software at the customer site and providing user-support documents. 6. Customer Evaluation: Includes evaluation of software by the customer and implementing feedback in the next iteration of the software development.
Filed Under: Models
Comments
1. -------------------------------------------------
Santhi Vadlamudi says:
-------------------------------------------------
September 21, 2012 at 10:39 am
-------------------------------------------------
for begginers, it is good
-------------------------------------------------
Reply * ------------------------------------------------- hardik says:
-------------------------------------------------
April 10, 2013 at 3:26 pm
-------------------------------------------------
good
-------------------------------------------------
Reply 2. -------------------------------------------------
Prashant says:
-------------------------------------------------
December 12, 2012 at 9:01 am
-------------------------------------------------
Excellent explanation, examples are good and so is theory!! Is this model used when building a custom software? If yes, isn’t it beneficial to use prototyping model for same?
-------------------------------------------------
Reply 3. ------------------------------------------------- bharat varadi says:
-------------------------------------------------
December 26, 2012 at 5:26 pm
-------------------------------------------------
excellant…….
-------------------------------------------------
Reply 4. -------------------------------------------------
Zain Tareen says:
-------------------------------------------------
February 22, 2013 at 5:57 pm
-------------------------------------------------
brilliant.. thanks a lot
-------------------------------------------------
Reply 5. -------------------------------------------------
Jay Singh says:
-------------------------------------------------
March 9, 2013 at 7:41 am
-------------------------------------------------
Awesome contents… Thanks a lot….
-------------------------------------------------
Reply 6. ------------------------------------------------- sana says:
-------------------------------------------------
March 10, 2013 at 12:30 pm
-------------------------------------------------
wowwwwww!!!!really amazing , i have no words after reading this, really good explained
-------------------------------------------------
Reply 7. -------------------------------------------------
Radhay says:
-------------------------------------------------
April 10, 2013 at 4:09 pm
-------------------------------------------------
Superb article!!!!!!!!!!
-------------------------------------------------
Reply * -------------------------------------------------
Tutor says:
-------------------------------------------------
April 18, 2013 at 6:02 am
-------------------------------------------------
I hope it help you with your requirement. Glad you like it.
-------------------------------------------------
Reply * -------------------------------------------------
Dhruman says:
-------------------------------------------------
February 20, 2015 at 12:05 pm
-------------------------------------------------
Which Process model is preferable in Hotel Automaton Software?
-------------------------------------------------
Reply 8. -------------------------------------------------
Jad Ghalayini says:
-------------------------------------------------
March 14, 2014 at 7:00 am
-------------------------------------------------
Very clear and concise, however, the grammar needs to be worked on, as it makes the paper look unprofessional. Other than that, good job
-------------------------------------------------
Reply * -------------------------------------------------
Tutor says:
-------------------------------------------------
June 5, 2014 at 4:57 am
-------------------------------------------------
I will definitely keep that in mind Jad !!! However, with no professional assistance this is the best I could come up with. Feel free to edit the content and send me back and I will re-post the same. It would be of great help. Thanks.
-------------------------------------------------
Reply 9. ------------------------------------------------- faisal haider says:
-------------------------------------------------
June 1, 2014 at 5:36 am
-------------------------------------------------
Good Materials well understood
-------------------------------------------------
Reply 10. ------------------------------------------------- reshhma says:
-------------------------------------------------
August 19, 2014 at 8:02 am
-------------------------------------------------
For beginners easy to understand . how to prepare for QSTQB FOUNDATION
-------------------------------------------------
Reply 11. -------------------------------------------------
Tshishonga Sedzani Rudolph says:
-------------------------------------------------
September 23, 2014 at 12:15 pm
-------------------------------------------------
help me with this topic, I do not understand what needs to be done. “”” as a group of it students from university, you are required to build a system that will assists the farmers in rural areas to keep their records of their business (productions and selling of goods). knowing the SDLC draft a report of each step that you will do for you to be able to build the system and list the elements of information system that will be needed “”” I do not even know which method of SDLC to use
-------------------------------------------------
Reply 12. ------------------------------------------------- maheen says:
-------------------------------------------------
December 16, 2014 at 8:37 pm
-------------------------------------------------
heloooo plz tell me…….. spiral model therac25 mein fit hotha hai with reasons…….
-------------------------------------------------
Reply 13. ------------------------------------------------- anitha says:
-------------------------------------------------
March 19, 2015 at 10:21 am
-------------------------------------------------
Sir, explain me about the spiral model
-------------------------------------------------
Reply 14. ------------------------------------------------- tooba says:
-------------------------------------------------
March 22, 2015 at 6:06 pm
-------------------------------------------------
Hi.
I would like to ask about spiral methdology .
I am making a ubi-shopping app as my fyp . I have to mention each phase in each spiral according to project context . I am having a little bit confusion in how to write about each phase for 3 spirals of my fyp thanks ,
Tooba
-------------------------------------------------
Reply
15. ------------------------------------------------- sidhu says:
-------------------------------------------------
July 11, 2015 at 2:51 pm
-------------------------------------------------
good explanation with nice example
-------------------------------------------------
Reply
Speak Your Mind
-------------------------------------------------
Top of Form

Name *
Email *

Bottom of Form
-------------------------------------------------
Connect With Author
You can Follow me onTwitter, Start a Hangout in Google Plus, Tag my Pins on Pinterest or Socialize with me onFacebook
Usually online 24 X 7. Shoot in a mail to start the conversation.
-------------------------------------------------
Categories * -------------------------------------------------
Difference
* -------------------------------------------------
Interview Questions * -------------------------------------------------
Models
* -------------------------------------------------
Notes
-------------------------------------------------
Recent Posts * -------------------------------------------------
Advanced sdlc Models * -------------------------------------------------
Advanced Waterfall Model * -------------------------------------------------
Importance of sdlc Models * -------------------------------------------------
Sdlc Quality Assurance * -------------------------------------------------
Software Development Agreement – What is its necessity and PDF Template Samples
-------------------------------------------------
Recent Comments * -------------------------------------------------
Tutor on Agile Vs Waterfall * -------------------------------------------------
Tutor on Agile Vs Waterfall * -------------------------------------------------
Chris Rehfeldt on Agile Vs Waterfall * -------------------------------------------------
Chris Rehfeldt on Agile Vs Waterfall * -------------------------------------------------
Tutor on Software Testing Life Cycle (STLC) – Complete Tutorial
Return to top of page
Copyright © 2016 SDLC · All Rights Reserved ·
Our website uses cookies to help provide you with the best browsing experience as we can. Read More
0FLARESGoogle+0
Twitter0LinkedIn0

Similar Documents

Premium Essay

Tanglewood Case Study 5

...Tanglewood Case Study 5 Disparate Impact Penny Ross HRM301-F1WW Jennifer Martin October 25, 2015 Tanglewood Case Study 5 Historical Hiring and Promotion Data: Applicant Flows Occupational category | | | Total | White* | Total Non-White | African-American* | Store Associates | External hires | Applicants | 18226 | 15436 | 2790 | 594 | | | Hires | 3832 | 3221 | 611 | 135 | | | Selection ratio | 21.02% | 20.87% | 21.90% 1.04 | 22.73%1.08 | | | | | | | | | | | | | | | Shift leader | External hires | Applicants | 392 | 320 | 72 | 17 |   |   | Hires | 61 | 54 | 7 | 2 |   |   | Selection ratio | 15.56% | 16.88% | 9.72% .61 | 11.76% .74 |   | Internal hires | Applicants | 864 | 712 | 152 | 30 |   |   | Hires | 280 | 241 | 39 | 6 |   |   | Selection ratio | 32.41% | 33.85% | 25.66% .80 | 20.00% .63 | | | | | | | | Department manager | External hires | Applicants | 1242 | 1074 | 168 | 44 | | | Hires | 94 | 82 | 12 | 3 | | | Selection ratio | 7.57% | 7.64% | 7.14%.89 | 6.82%.85 | | Internal hires | Applicants | 589 | 509 | 80 | 21 | | | Hires | 124 | 108 | 16 | 3 | | | Selection ratio | 21.05% | 21.22% | 20.00%.95 | 14.00%.67 | | | | | | | | Asst. store manager | External...

Words: 517 - Pages: 3

Premium Essay

Case Study 3-5

...Candace Dymally 15 September 2015 Professor Miller ACC 4321 Case Study 3-5 International versus U.S. Standards Financial information presented in financial statements require key elements that make it valuable to users to derive meaningful conclusions about the trends in an entity's financial performance and position over time. The conceptual framework categorizes these elements into fundamental or enhancing qualitative characteristics, depending on how they affect the decision usefulness of information. One of the qualitative characteristics stated is comparability. For accounting information to be comparable, accounting standards and policies must be applied consistently from one period to another and from one region to another. In this case, the financial statements of a company operating in Australia would comparable to a U.S. company’s financial statement. IASB is attempting to bridge the gap between U.S. GAAP and international accounting principles which would make it easier for companies to interact with one another despite the location. Reliability is another characteristic of financial accounting information. Information is reliable when a user can depend upon it to be materially accurate and faithfully represent the information that it claims to present. Significant misstatements or omissions in financial statements reduce the reliability of information contained in them. The amounts reported by U.S. companies for property, plant, and equipment would...

Words: 288 - Pages: 2

Free Essay

Case Study Week 5

...QUESTIONS 1. What does this case imply about the supply of and demand for employers and the implications for businesses? The case implies that there is a high demand for employees especially in the high tech industry but the supply is low and has not been met by the volume of the demand making the implications critical for businesses. These organizations are having to step out of the box and go the extra length to ensure they are able to acquire the savvy tech from an early stage. Using tools outside of the normal resume check alongside the educational background, these Companies are able to now “catch them young” by scouting for qualified candidates with needed skills, and recruiting them from colleges instead of waiting till they have completely finished their degree. For instance IBM has made use of its famous Watson computer in certain top schools giving students a chance to challenge the computer. The outcome of these approach will help IBM to narrow down which students to consider and they will work towards luring such students to consider a career at IBM (Robins 2013). As the competition is quite high in this industry, business always have to be creative in their search for talents, be on their toes and pull out all stops in trying to convince potential candidates to choose them instead of their competitors. While some are still struggling to come up with various approach to help them acquire more qualified candidate, the race is still on for the rest in trying to get...

Words: 694 - Pages: 3

Free Essay

Entr 510 Week 5 Case Study

...ENTR 510 Week 5 Case Study Purchase here http://devrycourse.com/ENTR%20510/entr-510-week-5-case-study Product Description ENTR 510 Week 5 Case Study Cadence Design Table of Contents Introduction3 Behavior of actors3 Responsibility of Avant5 Responsibility of underwriter5 Avant’s evaluation6 Corporate death penalty6 Protection measures7 References9 ENTR 510 Week 5 Case Study Purchase here http://devrycourse.com/ENTR%20510/entr-510-week-5-case-study Product Description ENTR 510 Week 5 Case Study Cadence Design Table of Contents Introduction3 Behavior of actors3 Responsibility of Avant5 Responsibility of underwriter5 Avant’s evaluation6 Corporate death penalty6 Protection measures7 References9 ENTR 510 Week 5 Case Study Purchase here http://devrycourse.com/ENTR%20510/entr-510-week-5-case-study Product Description ENTR 510 Week 5 Case Study Cadence Design Table of Contents Introduction3 Behavior of actors3 Responsibility of Avant5 Responsibility of underwriter5 Avant’s evaluation6 Corporate death penalty6 Protection measures7 References9 ENTR 510 Week 5 Case Study Purchase here http://devrycourse.com/ENTR%20510/entr-510-week-5-case-study Product Description ENTR 510 Week 5 Case Study Cadence Design Table of Contents Introduction3 Behavior of actors3 Responsibility of Avant5 Responsibility of underwriter5 Avant’s evaluation6 Corporate death penalty6 Protection measures7 References9 ...

Words: 450 - Pages: 2

Premium Essay

Mgmt 303 Week 5 Case Study

...Ronald J. Downham MGMT-303 Week 5 Case Study Prof. Mayes 29 Nov 2014 1) What does this case imply about the supply of and demand for employees and the implications for businesses? This study implies that the demand for high quality high tech employees is high and the supply of these employees is low. There are more companies that need these types of employees than there are in the job market. What this does is forces the businesses to become more competitive for good talent. Google is one of the most sought after companies because of these employee perks. Google employees are extremely well fed, getting healthy and varied breakfast, lunch, and even dinner if they stay late, for free. There are also coffee and juice bars scattered throughout the campuses. According to the Management text, “If an employee wants to come to work in cargo shorts, t-shirts, and flip-flops, they do and what attracts many talented employees to companies like these is the fact that they can set their own hours” (Management, 2014). 2) What’s the meaning behind the “search for the purple squirrel” in relation to spotting talent? Is this relevant to non-tech companies, as well? Discuss. A purple squirrel has come to mean the unobtainable. Just as a purple squirrel is almost impossible to find in the forest, the perfect job candidate is so unlikely to occur in real life that they are almost a fantasy. This doesn’t seem to be as relevant in non-tech companies though. Non-tech jobs are more abundant...

Words: 442 - Pages: 2

Premium Essay

Scr Case Sims Chapter 5 and 7

...Session 6: Object Modeling Task 1 Jesse, Enclosed are the 3 Use Case scenarios you asked for including diagrams. The diagrams are in the same order as the USE Case descriptions. I included the Student registration as part of this use diagram assignment. Let me know if you need any explanations. TASK 2 Jesse, Here is the USE case diagram and the class diagram for user registration. Let me know if you have any questions. Hope this takes care of what you need. I’m at my desk. TASK 3 Jesse, Enclosed you will find the Sequence Diagram for registration. Let me know if this is correct. Thanks TASK 4 Jesse, Enclosed you will find the State Transition Diagram For Students. Let me know if this is what you were looking for. Session 7 : Development strategies TASK 3 Jesse, Enclosed is a copy of the output of the Payback Analysis, ROI, and Present Value Computations of the TIMS project. Let me know if these figures match what you see from your side. Thanks TASK 4 Jesse, As for the prototyping initiative, I suggest we begin by creating all the tables and forms that we will need throughout the TIMS system, organizing them and put them in a logical order based on who will be accessing each form and data set. Enclosed is the System Requirements Document. You will find the Management presentation attached. System Requirements Document Introduction SCR would like to implement a training program consisting of classes in popular software for corporate customers and...

Words: 544 - Pages: 3

Free Essay

Indigestion and Titration: an Acid-Base Titration

...0 g Tums 21.0 g Mylanta 18.0 g CVS brand 18.3 g Rennies 17.5 g 24.1 mL 22.4 mL 20.0 mL 19.9 mL 24.4 mL 1. Which is the strongest antacid, on a single-dose basis? Which is the weakest? Explain and show your calculations. 2. Which are the strongest and weakest, on a by-weight (mass) basis? 3. When people do back titrations, they usually watch the solution for a color change when the solution becomes neutral. What might you have used in the above experiment to get this color change to happen in the solution? At what pH would the solution have been neutral? 4. If you had walked into the lab, only to discover that you only had 0.1 M sulfuric acid available to run your tests, how might this have affected your calculations? Why? 5. In...

Words: 1292 - Pages: 6

Premium Essay

In Basket

...This assignment was designed put us, the student in a situation where we are placed in the supervisor position. In this assignment put the supervisor in a position of having to pick and choose what tasks to do themselves and what tasks should be delegated out after coming in and finding their basket full of tasks that need to be dealt with. When you obtain the position of supervisor, there is usually far too much for just you to do, therefore it is important to learn what to delegate and who to delegate it to. The most important tasks should be done by the supervisor but as far as things such as someone’s vacation hours and stocking merchandise for the store, those tasks should be delegated out to the assistant manager and to the store clerks. Being a supervisor means being in a role of leadership, logic, common sense, and decision making for yourself, the employees, and for the company. The “in Basket” debate and discussion gives us and our fellow classmates the opportunity to see if we can successfully delegate out certain tasks as a supervisor at a fictitious company. The discussion between me and fellow classmates was a great one and it appeared as though everyone agreed on everything accept for different incidents. The only two incidents where I came across disagreement were in regards to task number 3, and task number 4. These are the examples in which I will be using in this paper as far as disagreeing is concerned. Task number 3 is in regards to the mall hours changing...

Words: 848 - Pages: 4

Premium Essay

Just Do It

...question number 4, if answered Public Transportation please go to question number 5.) 4.) How likely are you willing to carpool? a. Very likely b. Likely c. No change d. Less likely e. Not likely at all 5.) Do you shop at other outlets in the area? If yes please answer question number 6, if no go to question number 7. a. Yes b. No 6.) Please rank the shopping centers from best to worst – (with 1 representing the best) Paragon Outlets Hacienda Shopping Center Stoneridge Mall Livermore Plaza 7.) I will be stopping at Paragon outlets instead of the other malls in the area. a. Strongly agree b. Agree c. Somewhat agree d. Disagree e. Strongly disagree 8.) Why would you shop at the Outlet? a. Shopping b. Food c. Entertainment d. Other 9.) When will you be visiting the Outlet? a. Morning b. Lunchtime c. Afternoon d. Evening e. Weekend 10.) How many times do you visit a mall or shopping center in a month? a. 0-1 b. 2-5 c. 6-9 d. 10-14 e. 15+ 11.) Do you believe there is a benefit shopping at a mall vs. at local stores a. Yes b. No c. Don’t shop at local stores 12.) Impact of Outlet on online shopping a. Less Likely b. No effect c. More Likely d. No Answer 13.) On a scale of 1 to 5 rate if you think the...

Words: 562 - Pages: 3

Premium Essay

Student

...Customer number 1 Interested in a Camera Photo • What is your age? 38 • What is your gender? Male • What is your household size? 2 people • What is your household income? $40,000.00 • What is your profession? Handling heavy machinery • What is your education level? High School Diploma Psychographic Questions • What did you find interesting about this product? It’s capability of taking photos • What are your thoughts about the product? It has a great resolution Buying Pattern Questions • Do you ever purchase electronics? YES • Where do you go when you are looking for electronics? On Web • How often do you purchase electronics? Once in a while • How long does it take you to make a buying decision? A few days • What is your typical budget for electronics? $200-$500 • How far would you travel to make the purchase? Around Windsor Benefits Questions • What features do you look for when you purchase electronics? Its quality • What specific benefits do you look for in electronics? Reliability • What motivates you to purchase electronics? Universal Trend • What needs are you trying to meet when you purchase electronics? Enhancing lifestyle • How do you hope electronics will make your life better? Time saving Customer Number 2 Interested in a gaming console • What is your age? 22 • What is your gender? Male • What is your household size? 4 people • What is your household income? $30,000.00 • What is your profession? Student • What is your education...

Words: 2014 - Pages: 9

Free Essay

Acct 504 Week 5 Case Study 2 Internal Control Ljb Company

...ACCT 504 Week 5 Case Study 2 Internal Control LJB Company Click Link Below To Buy: http://hwcampus.com/shop/acct-504/acct-504-week-5-case-study-2-internal-control-ljb-company/ Or Visit www.hwcampus.com Case Study 2 – Internal Control- Due by Sunday of week 5 LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The President wants to be aware of any new regulations required of his company if they go public so he met with a colleague of yours at a local restaurant. The President of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the President of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountant who serves as Treasurer and Controller which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant...

Words: 941 - Pages: 4

Free Essay

Acct 504 Week 5 Case Study 2 Internal Control Ljb Company

...ACCT 504 Week 5 Case Study 2 Internal Control LJB Company Click Link Below To Buy: http://hwcampus.com/shop/acct-504/acct-504-week-5-case-study-2-internal-control-ljb-company/ Or Visit www.hwcampus.com Case Study 2 – Internal Control- Due by Sunday of week 5 LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The President wants to be aware of any new regulations required of his company if they go public so he met with a colleague of yours at a local restaurant. The President of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the President of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountant who serves as Treasurer and Controller which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant...

Words: 941 - Pages: 4

Free Essay

Appendix G

...|1 |0.00-1,499.99 |0.00 |15 % | |2 |1,500.00-2,999.99 |225.00 |16 % | |3 |3,000.00-4,999.99 |465.00 |18 % | |4 |5,000.00-7,999.99 |825.00 |20 % | |5 |8,000.00-14,999.99 |1425.00 |25 % | Ok number 3 if the excess is over $3,000.00 then that would be 16% of $236.00; therefore the total tax would be $236.00 +36.00 which would be $272.00 Number 4 if the excess is 5,000 then that would be 18% of $232.5; therefore the total tax would be $232.5 + 32.5, or $265.00. Number 5 if the excess is over 8,000 then that would be 25% of $570.00 therefore the total tax would be $570.00 + $120.00, or $690.00. Number 1 if the excess is $0.00 then that would be 15% of $0.00 therefore, the total tax would be $0.00 + $0.00 which would nothing $0.00 I understand but I am confused on the number and how to get the, I know this cannot be right but I am trying to follow procedure and hoe to calculate all of this, I understand the concept of...

Words: 309 - Pages: 2

Free Essay

Acct 504 Week 5 Case Study 2 Internal Control Ljb Company

...ACCT 504 Week 5 Case Study 2 Internal Control LJB Company Click Link Below To Buy: http://hwcampus.com/shop/acct-504/acct-504-week-5-case-study-2-internal-control-ljb-company/ Or Visit www.hwcampus.com Case Study 2 – Internal Control- Due by Sunday of week 5 LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The President wants to be aware of any new regulations required of his company if they go public so he met with a colleague of yours at a local restaurant. The President of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the President of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountant who serves as Treasurer and Controller which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant...

Words: 941 - Pages: 4

Free Essay

Acct-504 Week 5 Case Study 2 Internal Control – Ljb Company

...ACCT-504 Week 5 Case Study 2 Internal Control – LJB Company Click Link Below To Buy: http://hwcampus.com/shop/acct-504/acct-504-week-5-case-study-2-internal-control-ljb-company/ Or Visit www.hwcampus.com Case Study 2 – Internal Control- Due by Sunday of week 5 LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The President wants to be aware of any new regulations required of his company if they go public so he met with a colleague of yours at a local restaurant. The President of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the President of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountant who serves as Treasurer and Controller which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant...

Words: 941 - Pages: 4