...1. Why does Molex have to hire external auditors? The major reason for firms to hire external auditors is to help the control of conflict of interest between firm managers, investors and shareholders. External auditors help you determine whether companies are in compliance with all applicable Internal Revenue Service rules. Under the Sarbanes-Oxley Act, a public company must hire an external audit team to review their accounting procedures and their financial statements. While internal auditor checks the organizations internal control systems, their effectiveness and the business processes, the external auditor checks the financial statement of the business. Molex hire external auditors to look at their financial states and to receive an objective assessment. It is possible that Internal auditor might present a biased view as it would need to work closer with the management while the External auditor who have no interest in company will likely to provide fairly judgment and unbiased report. Under the Sarbanes-Oxley Act, a public company must hire an external audit team to review their accounting procedures and their financial statements. While internal auditor checks the organizations internal control systems, their effectiveness and the business processes, the external auditor checks the financial statement of the business. Molex hire external auditors to look at their financial states and to receive an objective assessment. It is possible that Internal auditor might present...
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...Build Your Own Micro RC Surveillance Robot HOW DO YOU BUILD YOUR OWN MICRO RC SURVEILLANCE ROBOT? Why don't I show you how? Almost every roboticist has wanted to create a small Surveillance Robot at some point in their time. The biggest problem being the Receiver/Transmitter pairs are always too expensive. My solution: Extract the RC receiver from a small RC car and modify it for our purposes. By the end of this tutorial, you will create and modify an RC robot to do: 1. Direct Radio Control using the remote's joysticks. 2. Computer control via a microcontroller connected to the remote. Later, I plan on making this base teleoperational. When I do, I'll be sure to document it and continue the tutorial for it!!!!!!!!!! It will used the receiver from a $10 ZipZaps RC car purchased at a RadioShack (US) or a Microz GT car purchased at The Source (Canada). Any inexpensive RC car, though, will do. It will also use a wireless camera and 2 Solarbotics gear motors. The main goal of this robot always remains the same; to be able to perform surveillance that you could watch on your television or on your computer (this depends on the camera used). I broke this tutorial into steps for simplicity and organization of categories (why should you put the construction of chassis with building the electronics? :P) Now for some general examples of the design for the robot (you don't have to follow my example exactly). The image at the top of the page shows an angled view of...
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...The i-RAM is a pseudo-solid-state drive produced by Gigabyte and released in June 2005,.[1] It has four DDR RAM DIMM slots. Connection via a SATA port enables a PC sees the i-RAM as a hard drive(which can be made bootable). The i-RAM is bottlenecked by the SATA interface, which limits bandwidth to a maximum sustained throughput of 150 MB/s. This speed limitation is offset by near instant access, with a latency of 0.1 ms. i-RAM Version 1.3 Backup Battery DRAM is volatile, so power loss will cause data loss. The i-RAM is installed in a PCI slot, which powers it while the PC is plugged in (using standby power if the PC is off). It has a backup battery (10 to 16 hours depending on the configuration), which operates when the PC is not connected to AC mains power. The i-RAM supports Unbuffered/Non-ECC DDR 200/266/333/400 MHz RAM modules of different capacities (up to 1 GiB), speeds, and brands for a maximum capacity of 4 GiB. Because of this, cost per GB is high, but the device offers a non-mechanical storage method with higher performance than a traditional hard drive. The I-Ram has the advantages of fast transfer rate and access time, no moving parts, a lower cost than traditionalsolid-state drives, unlimited write cycles compared to flash memory and it doesn't slow down over time. However, it has the disadvantages of high cost compared to traditional hard drives, low capacity (4 GiB maximum), the transfer rate restricted by SATA 150 bus (1.5 Gbit/s), it is not physically compatible...
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...Molex Case Study Molex is the world’s second largest manufacturer of electronic components located in Chicago Illinois. However, they are truly a global Corporation, which established an international division in 1967 to handle exports and build manufacturing facilities in Japan in 1970 and Ireland in 1971. The company generates 1.84 dollars billion in revenue annually, about 61% of these revenues are generated outside the United States. Molex operates 50 manufacturing plants and 21 different countries and employs 16,000 people worldwide. The following case study is an analysis how Molex faces the legal, cultural and ethical challenges of globalization. The analysis will address various roles that the host governments have played in the operations of Molex and will conclude with a summary on how the Molex Corporation handles the strategic and operational challenges facing their global managers. Molex has faced legal, cultural, and ethical challenges in a manner that has set standard of global business practices at a higher level. The key element to this unique standing is Molex's human resources department. Molex’s hiring policy is to hire only experience, human resources managers from other countries in the same country in which they have a manufacturing facility. The purpose of this hiring practice is to have qualified people who know the language, knowledge of local laws, will have the ability to recruit the right people in the country and will posses local credibility...
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...Introduction The Molex Corporation is an electronic connector manufacturing firm, which is based in Illinois. This company is facing a financial reporting problem in which the financial statements were overstated. Joe King ,the CEO of the company, was appointed in July of 2001, and was responsible for managing and inventory control, among other very important duties. Diane Bullock was hired in 2003, to replace the previous CFO. Both Bullock and King were being accused of what? by the external auditors, Deloitte & Touche, for not disclosing an 8 million pre-tax inventory valuation error. Financial reporting Problem The financial reporting problem at Molex was that, “the profit on inventory sales that the company made between its subsidiaries but which had not yet been sold to external customers had not been excluded from the company's consolidated earnings and also in the company's inventory (Palepu & Healy, 2008).” Basically, Molex reported additional inventory and earnings from the internal inventory sales. As a result, the company’s earnings, net income, and inventory were overstated “by $8 Million before taxes and $5.8 million after taxes, with $3 million before taxes and $2.2 million after-taxes was from year ended June 30, 2004.” As it was stated on page 12-27 of the Business Analysis and Valuation applications, “The main problem came from the CEO and CFO decision to not disclose this error on the financial statements that were released on July 21, 2004 (Palepu...
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...PPA 28 SISTEM PENGENDALIAN MANAJEMEN Case 20 : Chadwick, Inc : The Balanced Scorecard Prepared by : Anita Preicilia (5) Christine (10) Epi Gustriadi (16) Fredericka Fionna (20) Latar belakang masalah Case 20 : Chadwick, Inc : The Balanced Scorecard Latar belakang perusahaan Chadwick inc adalah produser yang mendeversifikasikan produk-produk konsumsi pribadi dan obat-obatan. Divisi Norwalk dari Chadwick mengembangkan, memproduksi, dan menjual obat-obatan untuk manusia dan binatang. Itu adalah satu dari enam persaingan perusahaan didalam pasar, tapi tidak mendominasi industrinya, perusahaan dianggap memiliki pengaturan yang baik dan memperhatikan kualitas produk yang tinggi. Norwalk tidak bersaing dengan supply produknya yang luas. Norwalk menjual produknya melalui beberapa distributor inti yang mensupplai pasar local, seperti toko retail, rumah sakit dan organisasi kesehatan, dan prakter dokter hewan. Norwalk bergantung pada hubungan yang baik dengan distributor yang melayani untuk mempromosikan produk Norwalk ke pengguna akhir dan juga menerima umpan balik dari pengguna akhir tentang produk baru yang digunakan oleh konsumen akhir. Chadwick mengetahui bahwa kesuksesan jangka panjangnya tergantung pada berapa banyak uang yang distributor hasilkan karna promosi dan menjual produk Norwalk. Jika laba dari menjual produk Norwalk sangat tinggi, kemudian produk ini dipromosikan secara besar-besaran oleh distributor dan Norwalk menerima respon balik secara ektensif...
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...Financial Reporting Problems at Molex, Inc. (A) : . I n mid-November 2004, Molex's Board of Directors met to decide the future of Joe King and Diane Bullock, the company's CEO and CFO respectively. Molex's external auditors, Deloitte &c Touche, had accused both of failing to disclose an $8 million pre-tax inventory valuation error in a recent letter of representation to the auditors. In response, King and Bullock argued that at the time of their letter they had determined that the financial impact of the error was immaterial. Despite an inquiry by the Audit Committee, which concluded that management had not deliberately withheld information from the auditors, Deloitte & Touche was not satisfied. The audit firm insisted that it could no longer rely on Bullock's and King's representa-tions, and would be unable to complete its review of the first quarter results until representations were received from a new CFO and in all likelihood a new CEO. MOLEX BACKGROUND AND MANAGEMENT Founded in Lisle, Illinois in 1938 by Frederick Krehbiel, Molex Inc. designed, man-ufactured and distributed electronic connectors that were used by a wide range of industries.1 For example, in the computer industry its connectors were used to pro-duce computers, servers and printers; in the telecommunications industry they were used to produce mobile phones and networking equipment; the consumer products industry used Molex connectors to manufacture CD and DVD players, cameras, plasma...
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...The core problem of Molex, Inc is their failure to disclose an inventory valuation error problem thereby contravening AICPAs Statement of Position (SOP) 94-6 KPMG Report, 2008 states that the objective of such disclosures is to improve the information communicated to financial statement users and to help users assess those risks and uncertainties. SOP 94-6 focuses primarily on disclosures about risks and uncertainties that could significantly impact the amounts reported in the financial statements in the near term or the near-term functioning of the reporting entity. These risks and uncertainties may result from, among other matters, the nature of the entity’s operations, and the use of estimates in the financial statements, and significant uncertainties in the entity’s operations. Financial Implications due to delisting It is the opinion of the group after careful analysis of the Molex, Inc case that should the company not comply with regulations and allow themselves to be delisted due to delinquency, it will bring about a host of financial implication. In their paper on the Laws and Finances of the delisting process, M. O’Hara and D. Pompilio, 2004 wrote that The practice of delisting stocks that fail to meet certain financial criteria is curious for many reasons: it hurts the firms being delisted; it harms the investors holding those shares; and it removes from the exchange or stock market a security that traders wish to transact. Perhaps the most immediate impact of the...
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...Install Basic Components 1. Identify the DIMM module(s) for your PC. Manufacturer: Crucial Model #: CT51264BA160BJ Size (GB): 4GB Manufacturer: WD Model #: WD300GB Size (GB): 300GB 2. List the steps for installing the DIMM module(s): 1. Unpack memory module 2. Find bank memory 0 3. Pull back on both end of the memory bank to ensure they are open 4. Align the notch at the bottom of the memory module with the one on the memory bank 5. Ensure both ends of the memory module are in the edge slots of the memory bank 6. Push down gently until you hear the memory clip in and you are done. 7. 8. 9. 10. 3. Explain the sensation that you received to verify that the RAM was properly seated within the Motherboard? I heard a clipping noise as if something had locked something in. 4. Explain the functionality and significance of the DIMM module(s). DIMM has 64 bits of transfer rate and its prone to less errors. 5. Please After installing the memory module on the motherboard, you need to verify if the BIOS detects the memory. In order to do that, boot the system and enter the BIOS set up according to the instructions that came with the processor. On the ‘Main’ tab of the BIOS set up, you will see an option called ‘System Memory’ or ‘Installed Memory’. Please verify that the memory you have installed matches the memory detected on the screen and note down your observations below. If the memory is not detected...
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...only detect if a bit was bad or good without a way to fix it. ECC is used in modern memory to correct memory errors at the bit level and correct any problems it may find. There are magnetic, optical, and solid state storage devices. Floppy disks and hard drives are magnetic storage devices. If exposed to a magnet data loss may result. Hard drives have a 137 GB limit. You must flash the BIOS to upgrade it and it will allow it to support a larger number of hard drive addresses. The Hard drive interfaces to attach to the motherboard are PATA/IDE, SATA, SCSI, USB, and FireWire. Along with hard drives, parallel ATA (PATA) and serial ATA (SATA) are also used for CD drives, DVD drives and tape drives. The two power supply connections are Molex and Berg. Molex connections are larger and are used for hard drives, CD drives, and DVD drives. Berg connections are smaller and are used for floppy drives. The floppy drive cable has a twist to distinguish it from the IDE cable. Optical storage devices include CD and DVD...
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...Chapter 1 First Look at Computer Parts and Tools Reviewing the Basics 1. Which is faster, a Hi-Speed USB port or a SuperSpeed USB port? SuperSpeed USB is faster than Hi-Speed USB 2. What type of output does a S/PDIF port provide? High quality sound to an audio system 3. List five types of video ports. VGA, S-Video, DVI, HDMI, DisplayPort video ports 4. What is the purpose of an expansion slot on a motherboard? An expansion slot on a motherboard is used for an expansion card, which provides a port or other function that is not provided by the motherboard. 5. What should be the setting for a dual-voltage selector switch on a power supply when using the computer in the United States? Set the switch to 115 volts 6. What unit of measure is used to describe the amount of work a surge suppressor can do before it stops protecting the circuit from an electrical surge? Joule 1 7. Hot wires in home wiring are normally colored ____ and ground wires in computers are normally colored _____. Black, black 8. What is the difference between a transformer and a rectifier? Which are found in a PC power supply? A rectifier is a device that converts alternating current to direct current. A transformer is a device that changes the ratio of current to voltage. A computer power supply functions as both. 9. What device can you use to make sure a computer is protected against power surges? A surge suppressor 10. A power supply receives 120 volts of ___ power from a wall outlet and converts it to...
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...Unit 6 Assignment 1 Video Summary 4 2/14/2014 Monica Wagner (17887806) | * Hard Drive * Hard drive comprised of platters * Read/write heads for each platter * Read and write on top and bottom of platter * Never expose to magnet * Data loss my result * 137GB Limit * Hard drive size limited to 137GB * Not a physical limit * Limited by addresses system can support * 28-bit communications * Limit to 268,435,555 addresses * Equates to 137GB * Flash Bios to upgrade * Hard Drive Interfaces * PATA, SATA, SCSI, USB, and Fire wire * Most common is PATA inter faces * Sometimes referred to as IDE or EIDE * IDE describes drive standard * Not the connector * Refers to hard drives, CD drive, DVD drives and tape drives * Now used inter changeably with PATA * PATA- Parallel ATA * IDE (PATA) cable has two connections * Master and Slave * Motherboard supports two cables * Primary and secondary * Four devices total * Primary master and primary slave * Secondary master and secondary slave * Motherboard Connectors * Blue=primary channel * Black=secondary channel * Cable connectors * Blue=plugs to motherboard * Black=first device * Gray=second device * Master/Slave designation * Not determined...
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...Hill 7e End of Part Case Notes Part One: Globalization There are no Part One cases. Part Two: National Differences in Political Economy; Differences in Culture; Ethics in International Business Nike: The Sweatshop Debate 1. Should Nike be held responsible for working conditions in foreign factories that it does not own, but where subcontractors make products for Nike? Answer: Most students will probably agree that Nike should be held responsible for the working conditions in foreign factories where subcontractors make products the company sells. Students taking this perspective are likely to argue that since the workers are there to produce the products for Nike, the fact that the company does not actually own the facilities is immaterial – Nike is the beneficiary of the work done in the factory. Some students may suggest that Nike be resolved of some responsibility if the factories also produce products for other companies. 2. What labor standards regarding safety, working conditions, overtime, and the like, should Nike hold foreign factories to: those prevailing in that country or those prevailing in the United States? Answer: The question of whether of whether to hold foreign factories to the same standards as domestic factories is difficult. Some students might argue that Nike should require all factories regardless of their location to maintain the same standards when it comes to working conditions, overtime, and so on. Other students however, may suggest that...
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... and solid state storage devices work, about the various interfaces such PATA/IDE, SATA, SCSI, USB, and FireWire. The clip also discussed about recognizing and identifying cables and connectors, pin configurations, and speeds associated with each technology. 3. Topics presented: * * New Hard drive Installation * Hard Drives * 137 GB Limit * 300 GB Hard Drive Scenario * Hard Drive Interfaces * PATA * SATA * SCSI * USB * FireWire * PATA or Parallel ATA * ATA 100 * ATA 133 * SATA or Serial ATA * Floppy Drives * 3 ½”Disk * 5 ¼”Disk * Floppy Drives Formatting * Power Supply Connections * Connection Types * Molex * Berg * Floppy Drive Cables/Connectors * CDs * Pits and lands * Laser Reading * Types of CDs * CD-ROM * CD-R * CD-RW * DVDs * Multiple layers increase capacity * HD-DVD * Blu-Ray * CDs and DVDs * Power Supply * Motherboard * Best Arrangement * Care & Handling * SCSI Devices * Three SCSI Standards * SCSI-1 * SCSI-2 * SCSI-3 * SCSI Connector * Narrow SCSI * Wide SCSI * Internal or External SCSI * SCSI ID * IEEE 1394 or FireWire * IEEE 1394 * FireWire and iLink * Isochronous Data Transmission * IEEE 1394A ...
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...Security Genuine External Cable Current lengths available: 5M, 10M, 15M, 20M, 25M, 30M, 40M, 50M. Cat 5 Cable for RG59 / Shotgun Cables Add to Cart [pic] RG59 50M Cable Video Only RG59 50M cables for CCTV installation. VIDEO ONLY .. Add to Cart [pic] RG59 100M Cable Video Only RG59 100M cables for CCTV installation. VIDEO ONLY .. Add to Cart [pic] 200M RG59 Shotgun Cable (Aluminium Core) 200m Heavy weight CCTV camera video and power cable shotgun(RG59+2). Cables are made up of Alumin.. Add to Cart [pic] 200M RG59 Shotgun Cable (Copper Core) 200M Heavy weight CCTV camera video and power cable shotgun(RG59+2). Cables are made up of Copper Sata Cables Add to Car [pic] Sata Hard Drive HDD Molex (IDE) To Sata Power Cable Connector Power cable for SATA Hard Drives for DVRs/Computers .. Add to Cart [pic] Sata Hard Drive HDD Data Cable Data Connection cable for SATA Hard Drives for DVRs/Computers Modem Router Lead [pic] 5M ADSL RJ11 Internet Extension Cable Broadband Modem Router Lead 5M ADSL Cable connects Male to Male. This cable can be used to connect your ADSL Modem (with an R.. Ready Made CablesAdd to Cart [pic] BNC Video and Power Cable Cable lengths we supply 5M, 10M, 15M, 20M, 30M, 40M, 50M .. Add to Cart [pic] BNC Video, Phono Audio and DC Power Cable Cable lengths we supply 5M, 10M, 20M, 30M, .. Add to Cart [pic]...
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