StudentShare solutions
Triangle menu

Presentation about the case - Essay Example

A copy of the purchase order is used to authenticate this process. Once the goods have been given the green light, Benita or Rosa will enter the new inventory into the computer system. Payment Process: Rosa is in charge of paying the bills on fortnightly basis. She has to check the computer system for outstanding invoices and checks that the goods entered into the computer have actually been received. If any information has not been entered into the computer, then Rosa does this and prints the checks from the accounting system. Freeze-Time then mails checks and remittance invoices to the supplier. Occasionally, portions of the vendor bill will be returned to the company. Possible Internal Control Weaknesses For the purchasing flowchart, there are not really any internal control weaknesses that stand out except for the fact that Benita Goldberg and her mother Rosa control the whole process. There is nothing to suggest that any collusion is going on, but the flexibility in their roles (they take turns at different points in the process) and lack of accountability mean that the opportunity is there for them to engage in unethical conduct. To prevent any possible conspiracy from occurring, an outsider could be brought in to oversee the whole process. ...
The use of a low-end accounting software package to prepare documents and reports is not very secure because the information could easily be tampered with. Freeze-Time should invest in better quality accounting software so that there is no

Check these samples - they also fit your topic

An Case Presentation of Gorham's Syndrome
Due to the rarity of the disease, the overlap of symptoms with other diseases and uncertain etiology, very few cases of Gorham’s disease have been reported. In the following literature, we will be discussing the case of a 45 year old male who presented in the maxillofacial department with marked facial asymmetry leading to functional and aesthetic problems.
4 pages (1000 words) Essay
Presentation diagnostic
This encompassed the functions of the product and ways in which one could use it. There was also a visual presentation of the components of the product as well as provision of evidence regarding benefits of using heated mats for dogs. The presentation also had explanations in details on how the product could benefit people who own pets, hence availing adequate information concerning products cost effectiveness.
3 pages (750 words) Essay
Persuasive Oral Presentation about paparazzimedia ethics in Hong Kong
We have become so accustomed to their rudimentary ways that we have assumed that this is part of development. But how long must people in Hong Kong continue to be subjected to such unwritten rules. In case you do not understand what am talking about, then let me invite you to journey; a journey that will reveal what the real rules in Hong Kong media are.
4 pages (1000 words) Essay
Types of Presentation Aids
They are audio and visual aids that help the audience see relationships between ideas and elements, they help in critically examining key concepts, and in remembering material. Anything that can assist the audience and help them understand your idea is considered a presentation aid.
4 pages (1000 words) Essay
Presentation Guideline: The Case for Electric Cars
Key point 1 - You need to drive an electric vehicle because it will save you money over the long term because you won't be purchasing gasoline or spending money to maintain an internal combustion engine. Supporting material - I will discuss (or use a graph to demonstrate) the rising prices of gasoline in various countries of the world; and maybe a table that shows the average family's monthly fuel expense.
3 pages (750 words) Essay
In this report, I will be presenting well-researched information about the Tate Modern, the selected Artist and artwork; and will discuss my choice of product and rationale for the choice, as well as development of my piece of art for merchandising. The
4 pages (1000 words) Essay
Presentation about my classmate
For any parent, this could be a pretty difficult situation but to him, he makes it his joy and pleasure to personally get involved with the care his son needs. He says that his life basically orbits around him and he beams with pride whenever he
1 pages (250 words) Essay
Written critique power point presentation
The concepts affectivity, brevity and clarity exemplify the power and creativity of the written presentation. These points can be further discussed as follows This power presentation is effective most primarily because it is on a subject
4 pages (1000 words) Essay
Because of the Web 2.0 breakthrough, a lot of children now-a-days are using social networking sites like Facebook and Myspace (Almeida 2012; Thanuskodi 2012). Specifically the research question that will be tackled in this oral presentation is ‘How do
4 pages (1000 words) Essay
Public presentation thru Communication
Public speaking dates back from time in memorial as practiced by the Greeks. For effective presentation, an orator ought to possess good communication skills in order to move the emotions of the audience all
2 pages (500 words) Essay
chance of any recorded inventory being compromised. Finally, another internal control weakness could be due to the fact that either Benita or Rosa is entering order information into the accounting system and then creating purchase orders. Ideally, there should be a separate accounting department that enters purchase order information into the system, which then creates an automatic purchase order. Once the purchase order is made, someone from the sales department should fax it to the supplier. By setting up the purchasing process this way, there is not one single or pair of persons that have a part to play in every step in the purchasing process. For the receiving flowchart, someone else other than Benita or Rosa should check the goods because those two were involved in the purchasing process. It is possible that either of these two could change the records to show that a lesser quantity of goods was purchased and then they pocket the difference in price. The way that one of them could do this is because they enter the order information into the accounting system during the purchasing process and they also enter new inventory into the computer system during the receiving process. It would not be very hard just to change some numbers around to cover their tracks. For the payment flowchart, once again there is a problem of a lack of transparency. Unlike the purchasing process, where at least Benita was involved too, Rosa is doing everything by


Freeze-Time Flowchart Purchasing Process: First of all, Freeze-Time uses low-end accounting software package to prepare documents and reports. When employees need to purchase supplies, they inform either Benita or Rosa, who will give the employee a note. Then Benita or Rosa enters the order information into the accounting system and a purchase order is created…
Author : grimeshipolito
Presentation about the case essay example
Read Text Preview
Comments (0)
Click to create a comment
Let us find you another Essay on topic Presentation about the case for FREE!
Contact us:
Contact Us Now
  • About StudentShare

  • Testimonials

  • FAQ

  • Blog

  • Free Essays
  • New Essays
  • Essays

  • The Newest Essay Topics
Join us:
Contact Us