...what you consider to be the major differences between preventive, detective and corrective control procedures. b)Why should timely reports be an essential element within a company’s Internal control system and what kind of control is it? a)Preventive control procedures are designed and implemented before an activity is performed to prevent some potential problem (e.g., the inaccurate handling of cash receipts) from occurring that relates to the activity. Detective control procedures are designed and implemented to provide feedback to management regarding whether or not operational efficiency and adherence to prescribed managerial policies have been achieved. In other words, preventive controls should be developed prior to operating activities taking place and detective controls should be developed to evaluate if operating efficiency and adherence to policies of management have occurred after operating activities have taken place. Corrective control procedures come into play based on the findings from the detective control procedures. That is, through detective controls, corrective control procedures should be developed to identify the cause of an organization’s problem, correct any difficulties or errors resulting from the problem, and modify the organization’s processing system so that future occurrences of the problem will hopefully be eliminated or at least minimized. b)From the standpoint of evaluating a company’s internal control system, a performance report is...
Words: 981 - Pages: 4
...Aircraft Flight Control System Name: Institutional Affiliation Aircraft Flight Control System Description of the system; functional and schematic diagrams According to the Federal Aviation Administration, an aircraft control system is assemblage of mechanical and electronic equipment that permits a plane to be flown with excellent accuracy and steadfastness. A control system mainly constitutes cockpit controls, sensors, actuators which may be hydraulic, mechanical or electrical and computers. With improvement in technology, aircraft flight controls vary depending on the type of plane since planes with different feature and sizes have been introduced in the market thus have to be fit with flight control systems that match their capacity. However, the most basic flight control system designs are mechanical and are characterized with the early aircrafts. According to Garg et al (2013, p.60),they involve collective use of different mechanical parts which include rods, cables, pulleys and chains in some designs which play a significant role in transferring forces of flight deck controls to the control surfaces. Though new flight control models have been introduced with advancement in technology, application of mechanical flight controls still continues to date especially in small general and sport classification aircrafts especially where aerodynamic forces are not extreme. Illustration of mechanical aircraft control system (Garg et al, 2013, p.61) Aircraft control systems are group into...
Words: 3313 - Pages: 14
...1. Describe the four basic human body structure units and their functions The four basic human body structures and their units are as follows – • Cells • Tissues • Organs • Systems Cells A cell is the simplest and smallest unit of the human body. They can live independently and can also reproduce themselves. Cells exist in a variety of shapes and sizes including elongated, oval and square. Cells have many different functions. A group of cells is called a tissue. The study of the structure, and the form of cells and tissues is called histology. Joanne Thomas NC26585 Assignment 1 Page 2 Tissues Tissue is a group/organization of a number of similar cells, not all are identical, but all are from the same origin. They carry out a similar function, of which consists of a varying amount of non-living and intercellular substances. There are four main types of tissues – Epithelial tissue This is widespread throughout the body. They form the covering to all the body surfaces and is the main tissue found in glands. This tissue performs a variety of functions including protection, secretion, absorption, filtration and sensory receptors. Connective tissue This binds structures together and provides a framework and support for organs and the body as a whole. It also acts as a transport system to carry substances around the body, and it also helps to store flat. It helps to...
Words: 1123 - Pages: 5
...The Brain The brain weighs about three pounds and involves about 10 million neurons ("Major Structures of the Brain", 2008). Cells that support the brain system are known as Glial cells. The brain consists of three major divisions known as the forebrain, the midbrain, and the hindbrain ("Major Structures of The Brain", 2008). The neurons in the brain process information and are the nervous systems transmitting device. Most neurons are broken down into four structures: o The Soma – the cell body which houses and protects the nucleus. o The Dendrite – the branch-like mechanism that the neuron receives information through. o The Axon – the long, thin tube-like structure that carries the information sent from the soma to the terminal buttons. o Terminal Buttons – small knob-like structures at the end of each branch of the axon. These buttons secrete neurotransmitters. The forebrain consists of the telencephalon and the diencephalon. The midbrain consists of the mesencephalon which is then broken down into the tectum and the tegmentum. The hindbrain consists of the metencephalon which is broken down into the cerebellum, pons, and the myelencephalon which is comprised of the medulla oblongata. The telencephalon is at the anterior part of the brain and is made up of the basil ganglia, the cerebral cortex, the olfactory bulb, and the corpus striatum. The functions of the telencephalon are: o Determines Intelligence o Determines Personality o Interprets Sensory Impulses o Organization...
Words: 824 - Pages: 4
...Week 4 macro PowerPoint notepad The Federal Reserve System is the central banking authority of the United States It acts as a fiscal agent for the United States government and is custodian of the reserve accounts of commercial banks, makes loans to commercial banks, and is authorized to issue Federal Reserve notes that constitute the entire supply of paper currency of the country. Created by the Federal Reserve Act of 1913, it is comprised of 12 Federal Reserve banks, the Federal Open Market Committee, and the Federal Advisory Council, and since 1976, a Consumer Advisory Council which includes several thousand member banks. The board of Governors of the Federal Reserve System determines the reserve requirements of the member banks within statutory limits, reviews and determines the discount rates established pursuant to the Federal Reserve Act to serve the public interest; it is governed by a board of nine directors, six of whom are elected by the member banks and three of whom are appointed by the Board of Governors of the Federal Reserve System. The Federal. Qualifications. The Federal Reserve System exercises its regulatory powers in several ways, the most important of which may be classified as instruments of direct or indirect control. One form of direct control can be exercised by adjusting the legal reserve ratio (the proportion of its deposits that a member bank must hold in its reserve account), and as a result, increasing or decreasing the amount of new loans that...
Words: 1667 - Pages: 7
...Lab 2 - Align Risks, Threats, and Vulnerabilities to COBIT PO9 Risk Mgmt. Controls Part 1 4. Discuss the primary goal of the COBIT v4.1 framework. Provide a basic description of cobit. * The purpose of Control Objectives for Information and related Technology (COBIT) is to provide management and business process owners with an information technology (IT) governance model that helps in delivering value from IT and understanding and managing the risks associated with IT. COBIT helps bridge the gaps amongst business requirements, control needs and technical issues. It is a control model to meet the needs of IT governance and ensure the integrity of information and information systems. 5. Explain the major objective of the Control area (COBIT 4.1 Controls Collaboration link on the left side of the COBIT website) * “The COBIT Controls area within ISACA's Knowledge Center promotes collaboration and sharing of information, solutions and experience among COBIT users.” 6. From the COBIT Domains and Control Objectives section, list each of the types of control objectives and briefly describe them based on the descriptions on the website. * Plan and Organize – “This domain covers strategy and tactics, and concerns the identification of the way IT can best contribute to the achievement of the business objectives. The realization of the strategic vision needs to be planned, communicated and managed for different perspectives. A proper organization as well as technological...
Words: 4162 - Pages: 17
...WHO (2005) considers the following four as major lifestyle or non-communicable diseases- cardiovascular diseases, diabetes mellitus, cancer and chronic obstructive pulmonary disease. The global and national prevalence of these non-communicable diseases is as follows Cardiovascular disease (CVD) CVD involves the diseases related to heart and blood vessels. WHO (2011a) found that one third of all the deaths are due to heart diseases globally and in case of deaths due to NCDs its share is half. An article by Xavier et al. (2008) in ‘The Lancet’ claimed that the Indian people suffer from heart diseases at much lower age as compared to the people of developed nations. The article also projected sixty percent of India’s share in the global burden...
Words: 1195 - Pages: 5
...disparate systems. Voalte Platform provides capabilities that enable: Collaboration Solutions “Streamline secure communication between caregivers. Management Solutions " Access and manage smart phones and applications easily from any location. Analytics Solutions “Comprehensive reporting and analytics that can drive improvements and results. Integration Solutions " Build on a flexible foundation that integrates all aspects of existing infrastructure, providing interoperability between disparate systems and data. HIPAA‐compliant texting The Joint Commission did not ban all text messaging solutions, however. Instead, it established Administrative Simplification Provisions (AS) that serve as guidelines for developing secure communication systems. Under the AS guidelines, the following four major areas are critical to compliance: • Secure data centers—Healthcare organizations typically store patient information in either onsite or offsite (cloud) data centers. HIPAA requires these centers to have a high level of physical security as well as policies for reviewing controls and conducting risk assessment on an ongoing basis. • Encryption—AS stipulates that ePHI must be encrypted both in transit and at rest. • Recipient authentication—Any communication containing ePHI must also be delivered only to its intended recipient. A texting solution should allow the sender to know if, when, and to whom a message has been delivered. • Audit controls—Any compliant messaging system must...
Words: 365 - Pages: 2
...proliferation of Internet, the information systems have become increasingly essential for the performance of the firms, since it could provide the conveniences and create one source of competitive advantages. The major objective of the report is to explore some accounting information systems related issues, in order to provide a clear and logic overview of accounting information system. To be more specific, first of all, the report will attempt to discuss four questions about SOX, sequential, non accounting services and physical control. After that, the report will analyze two case studies, and then discuss the relevant topics related to accounting information systems in detailed. Content Introduction 1 The influences of SOX on provision of attest and advisory services 1 Background Information on SOX 2 Description of attest and advisory services 2 Influences of SOX on attest and advisory services 3 Comparison among sequential, block, group alphabetic and mnemonic codes 3 The rationality of non accounting services for external auditors 4 Prohibited non-audit services 4 Argument on prohibition 5 Six Classes of Physical Controls 5 Case of Bern Fly Rod Company 7 The previous situation 7 Potential internal control issues and exposures 7 Preventive measures for Bern Fly Rod Company 8 Case of Stand-Alone PC-Based Accounting System 9 Physical internal control weaknesses 9 IT Controls in PC-Based Accounting System 9 Conclusion 10 Reference 11 Introduction ...
Words: 3055 - Pages: 13
...Four Main Differences between the healthcare systems in Nigeria and the USA. Paul Fortune College of Nursing After living in my native country, Nigeria for nearly twenty years of my life, I had the opportunity to relocate to the United States of America to live with my Dad while pursuing a career in Nursing. On getting to the United States of America or the USA as it is commonly called, I discovered how lovely and different the country really is. The USA was a lot different from what I had heard from stories back home in Nigeria. The previous three years, since January 2009 to be precise, has provided me first-hand experience of some major differences between my country of origin and the United States of America. In comparison, there are four main differences between the lifestyle of the United States of America and Nigeria. First, one of the many significant differences between the United States of America and Nigeria is its political institutions. The United States of America has two major political parties while Nigeria has a multiple party system. Though both practice some form of Federalism, the United States of America utilizes a system whereby the individual States have a high measure of autonomy or political control of their region. On the other hand, Nigeria has a strong central government that imposes law and rules that the state governments have to abide by. Furthermore, in the United States of America, the States provide most of its own resources, while...
Words: 1009 - Pages: 5
...great amount of information about the court system, for example I have learned the difference between due process vs crime control. I have learned that the rights for myself or my family is within the due process issues and crime control is to protect the community and to identify different crimes. In chapter four-criminal law, I know that the source of law in The United States is broken down into four major categories: Constitutions (State and Federal), Statutes/Codes (State and Federal), Judicial Decisions and Administrative Agencies. The four sources of law, are broken down but in some ways similar or work together, I read and have a clear understanding that the source of law categories has many conflicts at times, however, they each make an important role or contributions to our legal system and social control. Finally learning the history in chapter 8, goose over the history in the court system. The information provided a data from primitive time to modern time, for example throughout in primitive time it was said that Ancient cultures claim evidence that community elders once gathered to collect information, work together, basically find the crimes. In modern time we have more resources, professionals, and the court system to find crimes, collaborate with officials. In conclusion, the Cji Interactive Multi-Media helped me tremendously, I feel the models gave me an understanding about the different aspects in the courts system. Reading a chapter with information is one...
Words: 293 - Pages: 2
... Foundations of the Criminal Justice System Course Start Date: 08/01/2011 Group ID: AAGR0Z9835 Facilitator: Lee Rankin Copyright Copyright © 2011, 2010, 2009, 2007 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. ------------------------------------------------- Course Description This course is an introductory overview of the organization and jurisdictions of local, state, and federal law enforcement, judicial and corrections agencies, and processes involved in the criminal justice systems. It examines the historical aspects of the police, the courts, and the correctional system, as well as the philosophy. Additionally, career opportunities and qualifying requirements, terminology, and constitutional limitations of the system will also be covered. ------------------------------------------------- Course Topics and Objectives Week One: The Criminal Justice System 1 * Define crime and its relationship...
Words: 3639 - Pages: 15
...The four basic human body structure units are cells, tissues, organs and systems which, all working together make the human body function. The cells are the core structure that make up the human body, although there are many different shapes, sizes and types they consist of three main parts, the cell membrane which maintains the shape of the cell and separates and controls the movement of material into and out of the cell, the nucleus which contains the cells DNA and determines its structure and function and the cytoplasm which is the fluid in the cell that contains the organelles which perform its specific functions. There are many cell functions dependant on the cell type but the generalised functions are molecule transport, reproduction and protein synthesis. Molecule transport is the transfer of material through the cell membrane, there are two ways this happens, diffusion and active transport. Diffusion is when molecules such as oxygen, carbon dioxide and water move from areas where there are many of the particles (high concentration) to areas with less (low concentration). Active transport is when substances are at lower concentration and require energy to be transferred. There are two means of active transport, endocytosis which is the movement of molecules from outside to inside the cell and exocytosis which is movement of molecules from inside to outside the cell, both performed via the formation of vesicles which package the molecules then fuse...
Words: 1776 - Pages: 8
...rule around that time, it was not until the late 1600s that Spaniards actually began to reside in Texas. Just as Spaniards began to settle in Texas, in 1685 a French explorer was searching for the mouth of the Mississippi river to establish a colony of nearly four hundred people when he accidentally landed in Texas and founded a colony near present day Victoria, Texas. This led to the French having control over Texas...
Words: 864 - Pages: 4
...1.1 Describe the four basic human body structure units and their functions The four basic human body structures and their functions are as follows: • Cells • Tissues • Organs • Systems Cells Cells have been identified as the simplest unit of living matter that can maintain life. A cell is the simplest and smallest unit of living matter and cells can live independently and can also reproduce themselves. Cells exist in a varity of shapes and sizes including elongated, oval, and square, cells also have many different function. A group of cells is called a tissue and the study of the structure, form of cells and tissue is called histology. Tissues Tissue is a group/organisation of a number of similar cells, not all identical but from the same origin, that carry out a similar function, which also consists of varying amounts and varity of non-living, intercellular substance between them. It is the level between cells and organs. There are four types of tissue: Epithelial – tissue that is widespread throughout the body. They form the covering of all the body surfaces and are the main tissue found in glands. Epithelial tissue performs a variety of functions that include protection, secretion, absorption, filtration and sensory reception. Connective - tissue that binds structures together, and forms a framework and support for organs and the body as a whole. Connective tissue also acts as a transport system for substances to be carried around the body, and...
Words: 702 - Pages: 3
