Chapter 5: Homework Mini CasesRequired:1. Describe the risks associated with the system depicted in the flowchart below.2. Describe the physical controls needed to mitigate each risks.Purchases DepartmentReceiving DepartmentČentral Čomputer FacilityAccount Payable DepartmentWarehousePackingSlipVendorPOInvoiceRec ReprtIdentify Itemsand SelectPrepareReceivingAccauntingSystemVendorreportReconcileReconcile andPackingSlipUpdlateInventorydocuments andRec Reprtset up Liabilitynve ntoryPORecordsRec ReprtRec ReprtPOInvoiceALLOUntPOPayableRec ReprtVendor

Answered: 1. Describe the risks associated with…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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CASE DISCUSSION Wambui had been managing the budget department for Faida Bank. Because the work experience gained here was useful, much of the budget analysis work done in the department was performed by a group of management trainees. The trainees tended to be recent college graduates who were ambitious; they expected the budget work experience to be the pathway into the prestigious auditing department. Wambui managed under the assumption that by maintaining an open-door policy her employees would bring any problems to her attention. As a result, she remained in her office and seldom met with the trainees. Instead she would peruse the budget reports they submitted and return them to her secretary without comment. The reports often bore numerous errors which the trainees would be expected to make but which Wambui’s quick persual of the documents did not catch. The department heads throughout Faida Bank who received the erroneous reports would complain directly to the trainee who…
CASE DISCUSSION Wambui had been managing the budget department for Faida Bank. Because the work experience gained here was useful, much of the budget analysis work done in the department was performed by a group of management trainees. The trainees tended to be recent college graduates who were ambitious; they expected the budget work experience to be the pathway into the prestigious auditing department. Wambui managed under the assumption that by maintaining an open-door policy her employees would bring any problems to her attention. As a result, she remained in her office and seldom met with the trainees. Instead she would peruse the budget reports they submitted and return them to her secretary without comment. The reports often bore numerous errors which the trainees would be expected to make but which Wambui’s quick persual of the documents did not catch. The department heads throughout Faida Bank who received the erroneous reports would complain directly to the trainee who…
CASE DISCUSSION Wambui had been managing the budget department for Faida Bank. Because the work experience gained here was useful, much of the budget analysis work done in the department was performed by a group of management trainees. The trainees tended to be recent college graduates who were ambitious; they expected the budget work experience to be the pathway into the prestigious auditing department. Wambui managed under the assumption that by maintaining an open-door policy her employees would bring any problems to her attention. As a result, she remained in her office and seldom met with the trainees. Instead she would peruse the budget reports they submitted and return them to her secretary without comment. The reports often bore numerous errors which the trainees would be expected to make but which Wambui’s quick persual of the documents did not catch. The department heads throughout Faida Bank who received the erroneous reports would complain directly to the trainee who…
Chapter 3. Dr. Kay is learning how to make some traditional Indian food and comes upon this recipe for a childhood favorite (White Dhokla): https://recipes.timesofindia.com/us/recipes/white-dhokla/rs59190882.cms (Links to an external site.). In an effort to remain organized she sorts out the steps of the recipe to get an estimate of how much time it would take her to complete the recipe. Immediate Time Activity Description Predecessor (Hours) A Soak lentils & rice -- 8 B Grind lentil-rice mixture A 0.5 C Ferment lentil-rice mixture B 8 D Heat the steamer C 0.25 E Prepare the pans with mixture C 0.25 F Steam the pans D, E 1 G Prepare tempering E 0.25 H Temper, Cool, and serve F, G 0.25 Draw a network diagram for this process. What is the total expected time in hours for this recipe to be completed? hours Show the activity schedule. There is only one non-critical…
Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You’ve been given permission and budget to hire 2 assistant managers, 1 personal trainer, 2 employees (desk attendant/operations/floor coverage for safety) and 2 student workers (desk/attendant/operations). You need to create a proposal to give to the school on ways to improve the wellness center. What 2 new programs are you adding? ( examples might be: Yoga class in the gym, Crossfit program outside, water aerobics, walking club, etc) You have use of the gym and the pool. Do you need any equipment? (dumbbells, yoga mats, certifications for the employees or hiring an independent contractor,etc) How much will that cost? Provide a description of the new program and then list out the following: For each program you must list: Purpose: (How will this benefit the member and facility?)…
1. What problems presently exist for any person assigned to the position of nursing supervisor? 2. How will these problems impact the selection of the new supervisor? 3. Who should be hired as the supervisor? Why? 4.Who should be hired as the head nurses? Why? 5.Your final decision might not please the staff, and if not, how would you handle the possible uprising?
Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You’ve been given permission and budget to hire 2 assistant managers, 1 personal trainer, 2 employees (desk attendant/operations/floor coverage for safety) and 2 student workers (desk/attendant/operations). You need to create a proposal to give to the school on ways to improve the wellness center. What are the hours of the fitness center? Are they different from the current hours? Why or Why not? Are there times for the teams to work out without students/faculty? What is the schedule for employees? Proposed Hours: ____________________________________ Reasoning: Team Work out times ( if applicable): ___________________ Employee Schedule: Sun Mon Tues Wed Thurs Fri Sat Manager Asst. Manager 1 Asst. Manager 2…
what are the problem statement that could occur in workflow management system and what are the advanteges of using such system?
Week 3 Learning ActivitiesLearning Activity.umuc.edu/content/enforced/147180-001033-01-2165-OL2-6980/learning.png?_&d2lSessionVal=x5obvqwEyW54JiZ4Q0Qe2ziyz” alt=”” title=””>Organizational success depends on well-crafted vision and mission statements, which serve as frames and guardrails for making strategic decisions..umuc.edu/content/enforced/147180-001033-01-2165-OL2-6980/keyboard.png?_&d2lSessionVal=x5obvqwEyW54JiZ4Q0Qe2ziyz” alt=”keyboard” title=”keyboard”>Create an initial post by:Addressing Theme 1 by:Define a vision statement.Describe the role of vision statements in organizations.Define a mission statement.Describe the role of mission statements in organizations.Describe how vision and mission statements support one another.Describe the process a manager would take in creating vision and mission statements.Addressing Theme 2 by:Create a vision statement for your life.Create a mission statement for your life.You…
Workforce Reduction Introduction: Workforce reduction is one of the toughest challenges for a human resources manager. In today’s marketplace, financial and growth considerations can change rapidly, affecting an organization’s potential growth or even its existence in some cases. The latter is especially true with startup companies, or new organizations that may initially grow a bit too quickly and then must retrench when the market changes. Planning for a reduction is the responsibility of the human resource manager, and if done correctly can mitigate some of the difficulty and toll taken on all concerned. Read the following scenario and respond in a minimum of 250 words Microsoft Word document concerning the following: Scenario: Your boss tells you the company is suffering losses in the market, and if some employees are not laid off in the next three months, the company may not survive. Based on your reading in Chapter 5 and Table 5.2: Discuss what options you would consider, and…
Pls discuss briefly, What factors should organizations consider when deciding to reassign an employee?
Workplace Scenario 5: Tom is responsible for giving a bonus to factory workers that have perfect attendance during the month. One worker missed one day due to a death in the family. The worker starts crying in Tom's office and tells Tom that she needs the bonus desperately since she is behind on her rent. The rules are pretty clear, and the bonus is for perfect attendance period no if, buts, or maybes. However, Tom does have the authority to make exceptions to the rule. What should Tom do?

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1. Describe the risks associated with the system depicted in the flowchart below. 2. Describe the physical controls needed to mitigate each risks. Purchases Department Receinine Denartment Central Comauter Facility