The documents are delivered through Dillard’s “Docushare” system found via their intranet. They are files that are compressed to hold large sums of information, typically training videos, online seminars, tutorials and other forms of information, which are accessed by the employees and managers at will. This is to allow employees to educate themselves without having to wait for a meeting or a manager to explain it to them. The last form of written communication that is utilized throughout the store are signs and price tags. The signs will communicate to customers the promotions and deals that are available.
1. What is the LCM Rule for Inventory? Explain with suitable examples. LCM Rule i.e Lower of cost or market value is a rule which is applied and followed by the firm’s accountant while recording value of inventory in the financial statements. Basically firm records all of its assets in the financial statements at their original cost (cost which is initially incurred to acquire these assets), but this is not an established rule for recording inventory, and hence at the time of recognizing and valuing inventory in the financial statements, cost principle , which businesses follow for entirely all of their asset is not recognized for inventory.
Do we conduct periodic spot-checks of Auscred Services staff’s workspace for security related compliance (such as compliance to any clean desk policy)? Disaster recovery 60. Do we follow our documented procedures for backup and recovery? Note: IT backup is an important component of our BCP. For example, our BCP provides that that we do these things to minimise the risk of lost of electronic documents – some documents are scanned to tape, and softcopies are held by business units; remote replication; and disk
Trust is a key component in business world, particularly because supervisor and management do not hire, nor keep in employment those that they do not trust. Unfortunately, because of this, the violation of trust is an occurrence that many companies are susceptible to. By keeping up with employees and understanding their personal life to some extent, without breaching privacy, management can adjust their views of an employee, giving the proper access involve with their job tasks. Supervisor should require
Along with the traditional store experience the shopper has been accustomed to, Macy’s expanded its shopping experience through two different online shopping opportunities. First, the typical online purchase uses 868 of its retail stores to act as distribution centers, filling online orders as they are processed. By using the ship from store online order placement system, Macy’s concurrently used its already established in-store inventory management system and its customer
Professional accountants are required to comply with the fundamental principles of APES 110 code and apply a “conceptual framework approach” to determine their compliance with the fundamental principles whenever they know that circumstance or relationships may compromise their compliance. While the onus is on the professional accountant to do this, the bulk of APES 110 code of ethics describes how the conceptual framework applies in specific situations, for example when receiving gifts or other inducements form a superior may threaten corporate accountants objectivity. Like the FIA code, the APES 110 provides guidance for the more common but certainly not all practice situations. in all the other instance, once a threat is identified, the APES 110 requires a professional accountant to evaluate the significance of the threat and if the treat is insignificant, no further evaluation is required, or if the threat is significant than consider whether safeguards could eliminate or sufficiently reduce the threat to an acceptable level. Despite the principles vs. rule argument, the APES code of ethics does contain de facto rules, in several instance the code states that the threat are so significant that no safeguards can be applied to reduce or eliminate treats to an acceptable level for example, an audit team member could not own
Quantity Surveying- This department deals with the running of contracted jobs and the information found here would consist of invoices, progress reports, valuations and labour reports. Explain the need for safe storage and efficient retrieval of information. Storing information could be in the form of filing, computer based or memory sticks. The need for storing any information is for easy retrieval in the future so that the person has the required information when needed. The information or data that needs to be stored could relate to personal employee information that would need to be password protected so only the relevant people can gain access.
There are many non-business personal loans online. You can fill out a form on the site and get a response in a few minutes to the status of your loan request. The process is fast, safe and an excellent choice for people who are ashamed to go to a loan officer and ask for money. Be careful if you decide to apply for unsecured personal loans online. There are many companies located, but there are also many scams.
The top sales people usually also are insiders, although a regional sales manager who only sees his or her own region's results may not be one. The individuals in Investor Relations and/or Public Relations who prepare the public announcements also are insiders. If the company is developing a new product that could be a big seller, the key people in the Research & Development team would also be considered insiders, provided the information they have is material, as defined above. Publicly traded organizations have clear procedures for notifying those individuals deemed insiders and explaining the rules, limitations and potential penalties to them. Other individuals who are not employees, but with whom the company needs to share material information, are also insiders.
The native audit trails are extracted on a regular basis and transferred to a designated security system where the database administrators do/should not have access. This ensures a certain level of segregation of duties that may provide evidence the native audit trails were not modified by authenticated administrators, and should be conducted by a security-oriented senior DBA group with read rights into production. Turning on native impacts the performance of the server. Generally, the native audit trails of databases do not provide sufficient controls to enforce separation of duties; therefore, the network and/or kernel module level host based monitoring capabilities provides a higher degree of confidence for forensics and preservation of