Wednesday, May 6, 2020
Revenue Cycle For Motherboards And More Ltd â⬠Free Samples
Question: Discuss about the Revenue Cycle For Motherboards And More Ltd. Answer: Overview of the revenue cycle for Motherboards and More ltd The basic activities which are undertaken under the revenue cycle are sales order entry, shipping, billing and the cash collections. Sales order entry In this activity the customer provide details for the order he want to get, and the company takes the customer order (Laudon Laudon, 2016). The next process is that the organization check and approves the credit of the customer, they also check the inventory availability of that particular good (Adenike Michael, 2016). The organization checks the inventory that is available to be able to fill on the order. When there is no sufficient goods on hand to fill on the order of the customer, there is a back order which is created. Once the order is available there is a picking ticket which is then created. This helps to authorize on the inventory control function to be able to release the goods to the shipping department (Laudon Laudon, 2016). The next activity if for the company to respond to the inquiries of the customer. Shipping In this activity there is filling of the orders of the customers and shipping them. In this process it consists of two steps the picking and the packing along with the shipping of the order. Billing In this activity it comprise of two tasks which are the invoicing and updating of the A/R (Romney Steinbart, 2012). In the invoicing there is creation of a document for billing processes which is the sales invoice that inform the customer the amount of money they will pay and where the payment will be sent (Adenike Michael, 2016). On the updating of the account receivable this is where information is used on the invoice to debit the customers account for the credit purchases and credit on the account of the customer when the payment have been made (Laudon Laudon, 2016). Cash collections The cashier usually handles on the remittances of the customers and make the deposits in the bank. The remittances usually provide the details of the names as well as the amount of the remittances of customers and send this to the account receivables (Laudon Laudon, 2016). The internal weaknesses of revenue cycle of Motherboards and More. Internal control weaknesses Impact of the weaknesses to the organization. Internal controls to be implemented in Motherboard and More organization. 1. In the sales order: There has been large numbers of the errors where the customers have been given wrong items. This could lead to losing of the customers as they are provided with the goods they did order. The image of the organization would be tarnished as many would stop relying on the product from the company. There should be data entry checks. The credit should be approved by the credit manager, and not by the sales functions. The workers should accurately record on the customer account balances. Additionally there should be signatures on the paper documents; these are the digital signature as well as the digital certificates which are issued for the E-business. There are is also the inventory control system that should be implemented. 2. In issues in the shipping and the delivery; there is shipping errors especially when the customers are sent wrong goods, wrong quantities and the wrong address (Tazik Mohamed, 2014). The company has encountered a loss due to this negligence as some product end up with the wrong customers. The company needs to reconcile the sales order with the picking ticket as well as the packing slip. They should implement the data entry application controls. There should be documentation of the internal transfers for the inventory, the periodic physical counts of the inventory along with the reconciliation of the counts for the amount that is recorded. Overview of the Ransomware attack. The ransomware is an attack which was caused by the self-replicating piece of the software and it takes the advantage of the vulnerabilities to the older versions of the Microsoft Windows (Tazik Mohamed, 2014). This attack usually spread from one computer to another as it finds the exposed targets (Laudon Laudon, 2016). The individuals who were responsible for this attack had demanded three hundred dollars to provide the access to the system which they had attacked (Brazel Agoglia, 2007). This ransomware attack encrypted the data on to the computers. This was the most disruptive attack which has ever been reported as it affected dozen of the countries and they locked the computers and held the files of the users and demanded ransom from multitude of the hospitals, the government and various companies across different sector. Appropriate controls to be implemented in Motherboards and More company to prevent ransom ware attacks. I would recommend the organization to implement the following measures to prevent an attack like this one highlighted. Backup your files: The greatest damage to which the organization may suffer from the ransomware attack would be the loss of the files. Back up is the best protection against any ransomware (Tazik Mohamed, 2014). Keeping of the files and the company information in a completely separate system is the best thing. The best they could back up is either to an external drive which is not connected to the internet. Use of an anti-virus program: An anti-virus program has the capability of scanning the files to be able to see if they contain the ransomware before even downloading them. They are able to block secret installation from any malicious adverts when one is browsing through the internet (Tazik Mohamed, 2014). It is always important to install updates: Organization more often release software updates to be able to fix the vulnerabilities which could be exploited to install the ransomware. It is always important and advisable to download the newest versions of the software you are using in the organization (Uyar, Gungormus Kuzey, 2017). In the case highlighted it showed that the attackers targeted the Microsoft software which were not updated. It is always important to be suspicious of the emails, and websites or the apps: The individuals in this organization need to be always cautious when opening the unsolicited emails or visiting the websites which they are not familiar with. Moreover, they should not download an app which is not verified by their official store (Tazik Mohamed, 2014). Conclusion Based on the report it has highlighted on the various aspect which affects Motherboard and More company. The report has focused on the internal weakness which the company has encountered in regards to their revenue cycle, the ransomware attack and the various means to prevent similar situation occurring in the organization. References Adenike, A. T., Michael, A. A. (2016). Effect of Accounting Information System Adoption on Accounting Activities in Manufacturing Industries in Nigeria. Brazel, J. F., Agoglia, C. P. (2007). An examination of auditor planning judgements in acomplex accounting information system environment. Contemporary Accounting Research, 24(4), 1059-1083. Gordon, L. A., Miller, D. (1976). A contingency framework for the design of accounting information systems. Accounting, Organizations and Society, 1(1), 59-69. Laudon, K. C., Laudon, J. P. (2016). Management information system. Pearson Education India. Romney, M. B., Steinbart, P. J. (2012). Accounting information systems. Boston: Pearson. Tazik, H., Mohamed, Z. M. (2014, February). Accounting information system effectiveness, foreign ownership and timeliness of corporate financial report. In 5th Asia-Pacific Business Research Conference (pp. 17-18). Uyar, A., Gungormus, A. H., Kuzey, C. (2017). Impact of the Accounting Information System on Corporate Governance: Evidence from Turkish Non-Listed Companies. Australasian Accounting Business Finance Journal, 11(1), 9.
Monday, April 27, 2020
Nuclear Energy Effectiveness
It is argued that nuclear energy has negative impact on the environment. It is believed that nuclear energy can be used to promote terrorism through manufacturing of weapons. It is also feared that the radioactive elements of nuclear can have adverse effects on the environment. However, nuclear energy is the most cost effective and environmentally friendly way of generating electricity. Advertising We will write a custom essay sample on Nuclear Energy Effectiveness specifically for you for only $16.05 $11/page Learn More It is regarded as the most effective way of producing electricity in large scale (Bull 1218). This essay will argue that nuclear energy is the most appropriate way of producing large scale electricity with minimal effects to the environment. The first argument presented is, nuclear energy can produce large scale electricity without depleting environmental resources available. Nuclear energy is extracted from atomic nuclei through nuclear fission (Serrano Rus 2374). Moreover, compared to fossil fuels, nuclear energy does not utilize natural resources entirely in order to produce electricity. The elements used in nuclear power production are renewable due to their radioactive nature; a factor which qualifies it to be classified as a renewable energy. It is evident that developed countries use nuclear energy to produce electricity for both domestic and industrial use. France reprocesses nuclear waste and recovers up t0 95% of the remaining plutonium and uranium which is used as fuel in nuclear plants (Bull 1220). Although water is used to cool nuclear plants, we can conclude that nuclear energy is the most cost effective method of producing electricity. In addition, it is an environmental friendly and the best alternative for fossil fuels. Nuclear energy is not dependent on natural resources to produce energy, thus these resources are not overused (Bull 1221). We can conclude that nuclear energy is environmental fr iendly. The second argument is that nuclear energy does not pollute the environment. Furthermore, it is regarded as a sustainable source of energy because carbon emissions are minimal; it increases security in energy sector and reduces dependence on foreign oil. It does not emit green house gases like carbon dioxide which cause global warming and climate change (Serrano Rus 2375). Fossil fuels, natural gas and coal produce green houses which in turn result to climatic changes and global warming. Nuclear energy is regarded as the best option to reduce these adverse effects making it environmental friendly. Although nuclear energy accumulates waste which is an environmental concern; the waste is in small amounts and can be re-used to produce power. Advertising Looking for essay on environmental studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More Due to increasing concern over global warming, countries are encouraged to utilize nuclear pow er to reduce environmental pollution. According to a broadcast in 2007, nuclear energy gives France the cleanest air considering it is an industrialized country. It also provides the whole of Europe with cheap electricity (Serrano Rus 2376). In addition, nuclear energy is cost effective because it is affordable and relatively less expensive. Although building of the nuclear plants can be relatively expensive, the maintenance cost of running the plant is low. Considering that fuel (Uranium) is cheap and water is free and readily available, then the cost of running the plant is in expensive. Moreover, a nuclear plant is able to produce large scale electricity thus making nuclear energy cost effective. It consumes less and produces more. The plants are energy- efficient and little maintenance is required to run them (Bull 1224). As a result, the cost of labour is reduced hence making nuclear energy cost effective. The fact that nuclear energy produces less greenhouse gases lowers th e environmental cost. Nuclear plants can utilizes a small surface area thus making it affordable and less expensive to run. When we combine these factors, we realize that nuclear energy is the most cost effective way of producing electricity (Bull 1226). In conclusion, the main argument is that, nuclear energy is the most cost effective and environmental friendly method of producing electricity. In my opinion, it is cost effective because itââ¬â¢s less expensive to run, efficient and the cost of labour is reduced. Moreover, the materials used in nuclear plants are cheap and readily available (Serrano Rus 2379). I believe, nuclear power is environmental friendly because it does not depend entirely on natural resources to produce energy thus ensuring environmental conservation. It does not generate greenhouse gases hence has less negative impacts on environment. In my opinion, countries should be encouraged to invest on nuclear energy to produce cheap electricity efficiently. Al so use of nuclear energy should be controlled to ensure that it is not used to produce destructive weapons 9 Serrano Rus 2380).Advertising We will write a custom essay sample on Nuclear Energy Effectiveness specifically for you for only $16.05 $11/page Learn More Works Cited Bull, R. ââ¬Å"Renewable energy today and tomorrow.â⬠Proceedings of the IEEE 2001: 1216-1226. Print. Serrano, E. Rus, G. ââ¬Å"Nanotechnology for sustainable energy.â⬠Renewable and Sustainable Energy Reviews 2009: 2373-2384. Print. This essay on Nuclear Energy Effectiveness was written and submitted by user Daxton Padilla to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. 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Monday, April 13, 2020
How Can I Write a Sample Essay About Life Goals?
How Can I Write a Sample Essay About Life Goals?Here is a very common question: 'How can I write a sample essay about life goals?' The answer is simple: Learn as much as you can about writing samples and then use the information in your own essay.Goals are important to some people, but it is not an essential requirement for success. However, writing samples can help you get the best of both worlds.Questions can be presented in a variety of ways. Often, the questions will involve one's career goals or financial situation. Although each of these examples involves goals, their different objectives make them much more effective as essays.An excellent sample essay that discusses goals will focus on how their goal is important to achieving the person's dreams. This type of essay is more than just providing details of one's goals; it also contains ways of reaching these goals. For example, you may focus on what kind of job you wish to have or a particular hobby that you enjoy.You will also be discussing your personal characteristics and values that influence your goal. All of these are central to making the essay effective.Another way to think about writing sample essays is by creating a 'what if' scenario. You may want to write about a problem in your life such as trying to get a promotion or being married with children.Your personal ideas, as well as the details of the problem, can be used to develop a sample essay about life goals. You should provide realistic goals in a way that makes sense to the reader. By providing appropriate information about your situation, you will be successful in creating a sample essay that will help you reach your goals.
Thursday, March 19, 2020
The Fall of Rome essays
The Fall of Rome essays The fall of the Roman Republic and eventually the fall of the Western Roman empire are both very important events in our worlds history. There were many different events and problems that contributed to the fall of Rome. Economic depression, high taxes, and barbarian domination are all possible causes of the fall of the empire (Smith 201). These problems, along with civil wars, slowly destroyed the Roman Empire. From 264 B.C. to 146 B.C. there were a series of fights between Rome and Carthage known as the Punic Wars. Three different Punic Wars were fought during this time and they caused some major problems for Rome. Farmland was destroyed and farmers had no choice but to move to the cities to find work. The main problem with this was that most jobs were taken by slave labor, so farmers could not find work. Suitable living quarters The first Punic War was for control of Sicily. It lasted from 264 B.C. to 241 B.C. Rome was victorious in this war (World 144). The second Punic War was instigated in 218 B.C. by Hannibal, a Carthaginian general who wanted to avenge Carthages previous loss. Scipio, a Roman general, devised a plan to defeat Hannibal. Scipio attacked Carthage, Hannibals native home. This lured Hannibal back for a final battle in this war. Hannibal was defeated in 202 B.C. at a town called Zuma. Winning this war was a victory for Romes army, but a defeat for small farmers (Roman). This was the most destructive war of the three Punic Wars. This was the time when the most farmland was destroyed. The third Punic War lasted from 149 B.C. to 146 B.C. There was not really any actual fighting during this war. Instead, Rome sought revenge for the damage Carthage had previously caused to Rome. In 146 B.C., Rome burned Carthage and sold its citizens into slavery. Carthage then became the new province of Africa (World 145). Another problem that...
Tuesday, March 3, 2020
Caroline Herschel (Astronomer and Mathematician)
Caroline Herschel (Astronomer and Mathematician) Dates: March 16, 1750 - January 9, 1848 Known for: first woman to discover a comet; helping discover the planet UranusOccupation: Mathematician, astronomerAlso known as: Caroline Lucretia Herschel Background, Family: Father: Isaac Herschel, court musician and amateur astronomerSiblings included: William Herschel, musician and astronomer Education: educated at home in Germany; studied music in England; taught mathematics and astronomy by her brother, William About Caroline Herschel: Born in Hanover, Germany, Caroline Herschel gave up on getting married after a bout with typhus left her growth stunted seriously. She was well-educated beyond traditional womens work, and trained as a singer, but she choose to move to England to join her brother, William Herschel, then an orchestra leader with a hobby in astronomy. In England Caroline Herschel began assisting William with his astronomical work, while she trained to become a professional singer, and began to appear as a soloist. She also learned mathematics from William, and began helping him with his astronomy work, including grinding and polishing mirrors, and copying his records. Her brother William discovered the planet Uranus, and credited Caroline for her help in this discovery. After this discovery, King George III appointed William as court astronomer, with a paid stipend. Caroline Herschel abandoned her singing career for astronomy. She helped her brother with calculations and paperwork, and also made her own observations. Caroline Herschel discovered new nebulae in 1783: Andromeda and Cetus and later that year, 14 more nebulae. With a new telescope, a gift from her brother, she then discovered a comet, making her the first woman known to have done so. She went on to discover seven more comets. King George III heard of her discoveries and added a stipend of 50 pounds annually, paid to Caroline. She thus became the first woman in England with a paid government appointment. William married in 1788, and though Caroline at first was skeptical of having a place in the new home, she and her sister-in-law became friends, and Caroline had more time for astronomy with another woman in the house to do the domestic chores. She later published her own work cataloguing stars and nebulae. She indexed and organized a catalogue by John Flamsteed, and she worked with John Herschel, Williams son, to publish a catalog of nebulae. After Willliams death in 1822, Caroline had to return to Germany, where she continued writing. She was recognized for her contributions by the King of Prussia when she was 96, and Caroline Herschel died at 97. Caroline Herschel was, along with Mary Somerville, appointed to honorary membership in the Royal Society in 1835, the first women to be so honored. Places: Germany, England Organizations: Royal Society
Saturday, February 15, 2020
Analytical Essay on Short Fiction Example | Topics and Well Written Essays - 1250 words
Analytical on Short Fiction - Essay Example Based on the specific levels various people behave in different ways towards themselves and others in relation to education. Therefore, education is shown to have both divisive and combining powers. In this sense, this paper will analyze this aspect in the ââ¬Å"Everyday Useâ⬠book by Alice Walker. It will evaluate the different feelings brought about by education and the examples that are used to achieve this notion. ââ¬Å"Everyday useâ⬠portrays education as an element that is so much sort after for its numerous benefits to the individual and the society. On the other hand, there is a contradicting element linked to this factor. The characters in the book are shown to look for education in order to make a better life out of their current slavery status. The main character who is portrayed to look for this is Dee. She is a slave who desires education to make her situation better. However, she faces a great challenge in her inability to go to the school that she wants. However, after a lot of sacrifice from her fellow slaves she attends school where she gets a lot of ideologies and knowledge. Therefore, she is enlightened in a way that she wants to find the truth. As a result, the positive elements expected from education are not fully achieved. Instead, a long formed friendship and family ties are broken and the individuals separated. The lofty ideas and educational opportunity that Dee fi nds give her a sense of loss of heritage. In turn, she seeks her background, and identity that can only be provided by her family (Walker, 1992). During the time period between the 1960s and the 1970s the African Americans did not get the chance to engage in as many activities as the other citizens were. For instance, the people from other races were given the opportunity to take part in various education activities. Education is principle reason why the knowledge, skills and values are accumulated and transmitted from one generation to another.
Sunday, February 2, 2020
Course Work Coursework Example | Topics and Well Written Essays - 500 words
Course Work - Coursework Example The moral hazard problem occurred as a result of asymmetric information after transaction happens and prompts dispute of interests. It is the hazard that borrower in a monetary contract has the motivating forces to participate in hazardous activities that are making it more difficult that the loan amount will be paid back. On the off chance that there is no asymmetry in the data that a lender and a borrower had, which implies the lender can keep enlightened about the borrower whereabouts and screen borrower to follow the terms of the transaction they agreed upon. There should not have the problem of moral hazard. Yet, as a general rule, if financial intermediaries proceed as a lender, to set up a refined and frequently monitor system for every individual borrowers may cause a tremendous cost for financial organizations, or significantly bigger than the loss from the expected default hazard (Dionne and Lasserre). Moreover, if a monetary organization works as a borrower, the administration can limit the trading on insider trading on the biggest stockholders, yet different representatives in the organizations, for example, directors and senior managers might additionally increase profit from the special data which could influence the offer value when unveiled, and trades generate profit or evade losses before the public be informed of the data. Since these data are internal and confidential, therefore, it is hard for potential investors to get knowledge from this and cannot evade the hazard issue from it. Consequently, the problem will still exist (Dionne and Lasserre). In 2008, as a financial crisis began to unfold in the United States, the FDIC raised the limit on insured losses to bank depositors from $100,000 per account to $250,000 per account. How would this help stabilize the financial system? As the 2008 financial crises occurred due to the failure of financial institutions like Lehman Brothers
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