Writing a conclusion in an essay
Science And Religion Research Paper Topics
Thursday, August 27, 2020
Behaviorist and Learning Aspects of Personality Research Paper
Behaviorist and Learning Aspects of Personality - Research Paper Example Elimination is a trait of old style molding in which the relationship between the improvement and educated reaction is debilitated each time the upgrade (triangle) is introduced without the related unconditioned boost (uproarious commotion). In any case, the perseverance of scholarly dread makes it impossible that it will disperse after some time because of oneself reinforcing instrument depicted previously. To treat learned dread and fears, annihilation should normally be utilized in a conduct treatment worldview. A procedure known as deliberate desensitization is one of the best and normally utilized strategies for rewarding fears. These exceptional and silly feelings of trepidation can take numerous structures (dread of canines, snakes, open spaces, cheddar) and are very impervious to normal elimination impacts. Alongside oneself continuing hypothesis, fears may hold their capacity since individuals will in general do all that they can to maintain a strategic distance from the evo king improvement. Termination can't happen without introduction to the improvement. Deliberate desensitization tends to these issues straightforwardly. So as to permit eradication to happen, deliberate desensitization guarantees introduction to the unpaired adapted upgrade, however does as such in a progressive way to limit the dread reaction and wipe out self-sustainment of the fear. The procedure is done in three sections (Foa, 2010). Initial, a dread chain of importance is built, posting circumstances identified with the fear in expanding power of inconvenience. Next, the patient is prepared in dynamic unwinding (or profound muscle unwinding). This preparation will permit the patient to initiate a condition of quiet through unwinding of explicit muscle gatherings. Accomplishing the planned degree of quiet takes around twenty minutes, after which introduction to the dread inspiring improvement can start. The normal dread chain of command is comprised of 10 to 15 stages, and starts with the least dread summoning situation that was set up in the initial step of fundamental desensitization. The patient is told to envision the scene, trailed by an interruption where the patient is advised to utilize the unwinding method that was found out in sync two. This procedure is rehashed until the patient reports no dread to the situation. Now, the following circumstance in the pecking order is gone up against. The procedure can proceed, typically through different meetings, to continuously smother the dread in a bit by bit process (McNally, 2007). The methodology can be expanded to utilize humor rather than unwinding in the subsequent advance, or by executing augmented reality innovation to help with authenticity and accuracy. Displaying is an elective way to deal with rewarding fears or fears that are the aftereffect of molding. In this strategy, patients watch a model (as a rule on record) that is indicated communicating with the dread causing improvement. The force of the scene is expanded as the patient watches. As per displaying hypothesis, the probability of playing out a demonstration increments when a model is watched doing that demonstration. Watching a model slowly impacts the subject to participate in exercises that include their fears, prompting the eradication of the dread. This methodology has a few favorable circumstances to precise desensitization. The video perspective is progressively fitting for youthful patients who will most likely be unable to utilize their creative mind appropriately and requires less teacher time. References Foa, E. B. (2010). Psychological conduct treatment of fanatical urgent issue. Exchanges in Clinical Neurosciences, 12(2), 199-207. McNally, R. J.,
Saturday, August 22, 2020
Budgeting and Performance Evaluation Teddy Bear Toy Corporation
Question: Examine about theBudgeting and Performance Evaluation for Teddy Bear Toy Corporation. Answer: Presentation Teddy Bear Toy Corporation is a division of Acme Products Limited that bargains in the maker of toys. Daphne Wong heads the firm. She simply got a primer report, and the outcomes were not excessively satisfying. Her planned figured had veered off from the genuine information. This report breaks down the potential reasons for the fluctuations, what adjustment could b done to the motivator plan, and how the firm could fuse a fair scorecard in its activities. Examination Likely Explanations of the Observed Variances Teddy Bear Toy Company had numerous differences both great and unfavorable from its planned outcomes. The organization understood a positive deals volume difference of 45,556 units since thy sold at a lower value, they publicized more, and there was less rivalry (Wiseman, 2010, pp.1067-1094). They, be that as it may, acquired an ominous deals value difference on retail and index since they diminished their costs and confronted more rivalry in light of the fact that their rivals likewise brought down their costs to bait clients to purchase from them as found in the supplement (Wiseman, 2010, Pp.1067-1094). The teddy bear toy company likewise understood a negative direct material value change of $ 214,916 since there was an ascent in the market costs of crude materials and they bought some top notch crude materials to cook for the rising interest for their merchandise (Bhimani, 2012, pp.300-310). The firm likewise understood an unfavorable direct work rate difference of $ 980,305 as found in the reference section. In a perfect world, this variety is brought about by an ascent in the work rates making the organization pay its laborers higher wages. The teddy bear association additionally understood an antagonistic variable overhead spending difference of $ 679,361. This distinction was brought about by inclining toward high caliber of work (Hart, Wilson, and Keers, 2001, pp.299). The firm likewise brought about a good assembling overhead fluctuation of $ 3,023 and an ideal managerial overhead difference of $ 261 as found in the informative supplement. This infers they had the option to p lan and control their fixed overhead change. Ultimately, the business caused a negative fixed selling costs difference of $ 560,192, which shows that they didn't design well and they, accordingly, wound up spending more on publicizing than they ought to have. Preferences and Disadvantages of an Incentive Plan A motivator plan is an apparatus utilized by departmental heads to propel their laborers by remunerating the individuals who show superior and empowering the individuals who depict little execution. Its principle points of interest are it guarantees inspiration of workers (McQuerrey, 2010). In a perfect world, when the worker is remunerated they show signs of improvement results along these lines expanding the efficiency of the offices. Second, it expands the profit of a firm (McQuerrey, 2010). This is on the grounds that high profitability would prompt expanded deals and henceforth higher benefits. Third, impetus plans are gainful since it guarantees the faithfulness of the representatives to the firm (McQuerrey, 2010). This is on the grounds that when they are remunerated through motivating force programs, they are probably going to be faithful to the organization and in this manner cause it to accomplish more noteworthy vital objectives. This infers they will be probably not going to stop their business openings in look for better openings for work in this way prompting decreased representative turnover. In conclusion, motivating force plans would bring about community oriented endeavors where both the representatives and the departmental heads cooperate to accomplish the key objective of the venture (McQuerrey, 2010). Regardless of its various favorable circumstances, it likewise encounters a few weaknesses. As per Alex Saez, as a business, one may feel that the motivating force should be in a predictable execution and not a solitary execution (Saez, 2010). On the off chance that representatives discover that they are being assessed along these lines, they will get angry to those in organizations who are getting higher rewards (Saez, 2010). To make a few alterations in the motivating force plan, I would support that Wong offers non-money remunerates as opposed to money rewards, for example, excursions and blessings. This would diminish the hatred of the lesser representatives to those in office and along these lines urge them to work more earnestly. Adjusted Scorecard The presentation measurements that are remembered for a decent scorecard comprise of the learning and development viewpoint, the inward business process point of view, the client point of view and the money related outlook (Meyer, 2009, pp.66-100). The presentation markers may incorporate whether the teddy bear firm could improve and make an incentive for the business, what precisely they should do to exceed expectations, how the clients see them, and what picture they depict to their investors (Kara Mohamed, 2006, pp.202). At the point when the teddy bears association examines these markers, they would have the option to figure out what they have to do to improve (Horngren, Harrison, and Oliver, 2008, pp.99-101). Suggestions This report suggests that Wong actualizes a reasonable scorecard approach into the firm. Here she would have the option to encourage what the clients need, where they need to be, the means by which the investors take a gander at the association, and how they can make esteem. In conclusion, the report suggests that Wong takes a gander at practical methods of creation. References Meyer, M. (2009). Reevaluating execution estimation. Cambridge: Cambridge University Press. Pp.66-100. Recovered on 26 September 2016. Kara Mohamed, M. (2006). Adjusted scorecard usage. Pp.202. Recovered on 26 September 2016. Horngren, C., Harrison, W. what's more, Oliver, M. (2008). Bookkeeping. Upper Saddle River, N.J.: Prentice Hall. Pp.99-101. Recovered on 26 September 2016. Saez, A. (2010). The Disadvantages of Incentive Plans. StudioD. Recovered on 26th September 2016 from https://www.smallbusiness.chron.com/hindrances motivator plans-56703.html/ McQuerrey, L. (2010). The Advantages of Incentive Plans. StudioD. Recovered on 26th September 2016 from https://www.smallbusiness.chron.com/favorable circumstances impetus plans-55858.html/ Wiseman, B. (2010). Planning. New York, NY: Weigl Publishers. Pp.1067-1094. Recovered on 26 September 2016. Bhimani, A. (2012). Prologue to the board bookkeeping. Harlow: Financial Times Prentice Hall. Pp.300-310. Recovered on 26 September 2016. Hart, J., Wilson, C., and Keers, B. (2001). Planning standards. Frenchs Forest, N.S.W.: Prentice Hall/Pearson Education Australia. Pp.299. Recovered on 26 September 2016.
Friday, August 21, 2020
Writing Sample - Essay Analysis
Writing Sample - Essay AnalysisTo write a good essay, you need to use essay analysis samples as well as strategies to improve your essay. This is an effective way to analyze your essay and to improve it for the final grade. In this article, you will learn about some essay analysis samples and techniques to help you analyze your essay.A common subject analysis question that asks for the reader's opinion is the following. 'Write about a situation in which you were strongly affected by something or by an event which shaped your view of life or the world around you.' It's important to ask the students who are writing their essays for a similar situation. After they write about their own situations, they can easily compare it with what they wrote in their essays.In addition, essay analysis is also done by asking questions like the following. 'In your essay describe the main themes of your argument. Why do you think the main theme is important? Is there another topic that would complement or contrast with your main theme? Why is your main theme a main theme?'Furthermore, the following question is what I call the word puzzle. The writer can write different examples or research papers based on different topics. Later, he or she can discuss the different examples in their essay and come up with a conclusion.When writing an essay, you need to know about other writing samples that are considered as essay analysis. These sample examples are more effective to help students improve the quality of their essays. Essay analysis samples are not limited to the texts that are considered as examples by teachers.Another topic to be analyzed is the so-called thesis statement. The statement should contain the main ideas and purpose of the essay as well as a list of topics or themes that are related to the topic. The scope of the essay is the entire essay.It is also recommended to ask the students who are writing their essays for the following answer. 'What are some things that the rea ders should consider when they are reading the essay? What are some people who they should look up on?'As you have read above, analyzing writing samples is very important to improve the quality of your essay. This process helps to determine if the main ideas that are presented in the essay are indeed strong and significant or if it is not a good composition to use in a final draft. Before writing your essay, always remember to consider all essay analysis samples.
Monday, May 25, 2020
Friday, May 15, 2020
A Brief Note On Internal Medicine And Nursing Essay
People are my passion! I wake up each morning praying that I make a positive impact in someoneââ¬â¢s life. The value of my life lies not on personal achievement and possessions but on how profitable I have been to my neighbor and my world. This belief, no doubt has influenced my choice of career and specialty. Internal medicine is my number one specialty. I love this specialty because it provides me the opportunity to solve varied medical problems ranging from acute care to management of chronic disease. Just like solving a puzzle, an internist applies critical thinking, sound science in preventing, diagnosing and treating varied adult diseases. Internal Medicine is an ever evolving discipline and requires continuous and persistent updating of oneââ¬â¢s knowledge. This sits well with my massive appetite of reading. I enjoy the challenges the specialty presents. I love the fact that an internist provides consults to other physicians in disease diagnosis and work as primary care physician. The broad subspecialties in internal medicine match and exceeds my perception of a complete doctor. From a young age, my parents taught me to care and serve others. Although they had very little western education, my parents became successful business owners and community leaders largely due to hard work and dedicated service to people. They always told me that I could succeed in anything I choose to do. They understood the value of education and supported me in all my endeavors. My decision, toShow MoreRelatedOrganizational Overview Of The Western Connecticut Health Network851 Words à |à 4 Pagesinclude a clinical research department which services every specialty to allow the latest options in medicine. Although too large a list to display all of the various accreditations, not only do the hospitals themselves hold nationally recognized accreditations, each department and specialty ensures that they do the same for accreditations which apply to those particular areas. Some of the larger ones to note are accreditations from Connecticut State and New York State, as well as The Joint Commission (JACHO)Read MoreNursing Informatics : The Institute Of Medicine2169 Words à |à 9 Pages1. a) Nursing informatics is used to inform about what nurses do and how nurses use information to make decisions for patients. Nurses use EHRs to manage patient information (Pritchard, 2015). Nursing informatics allows nurses to remain interconnected with other health care prof essionals from other disciplines, so that information is seamlessly exchanged between nurses and the rest of the health care team (Pritchard, 2015). Nursing informatics is also used to personalize patient care and to informRead MoreAn Article On Academic Evidence And Influence On Nursing Practice1879 Words à |à 8 Pagescognition and dementiaâ⬠authored by Wang, H-X. Xu, W. and Pei, J-J (2011). The aim of this essay is to critically analyse an article of published, academic evidence and to evaluate its relevance and contributions to nursing practice. Critical literature analysis plays an important role in nursing practice as the discipline produces an ever-expanding amount of research and literature that is essential to the on-going development of practice. Critical analysis is an important skill that allows for the gatheringRead MoreThe Differences Between Osteopathic And Allopathic Medicine2006 Words à |à 9 Pagesallopathic medicine. 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It starts out by giving a brief description of the studies that Woolhandler and his colleagues have been doing on health care administrationRead MoreCritique of Johnsonââ¬â¢s Quantitative Research Article Essay examples3453 Words à |à 14 PagesPromote Sleep in Older Womenâ⬠was published in the twentieth volume of the Journal of Community Health Nursing in 2003. It was written by Julie E. Johnson, who is the dean and a professor for the College of Nursing at Kent State University in Ohio. She is a registered nurse who holds a PhD and is a member of the FAAN. Being a member of the FAAN suggests that she has contributed to the field of nursing in a positive way. Johnsonââ¬â¢s article attempts to find out whether listening to music at bedtime positivelyRead MoreThe Ethical Dilemma Of A Patient s Death Or Permanent Damage1900 Words à |à 8 Pageswith 100% cer tainty that any of these events ever resulted in a patientââ¬â¢s death or permanent damage; however, I will say that there have been countless times during that brief period that I have sat in my track, alone and scared, not sure what was going to happen. Plagued with overwhelming fear and guilt of knowing these internal secrets, I faced an extreme ethical dilemma, not knowing if I should report these kinds of incidents or not. With tears gently streaming down my face, I prayed to the lordRead MoreOrganization Structure of Yashoda Hospital5398 Words à |à 22 Pagesa part our evaluative component for Practice School- 1. Our learning process aimed at knowing the facilities, services and equipment available at Yashoda Hospital, Secunderabad. 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The type of euthanasia, which is presently under debate, is called active euthanasia and is defined as an act performed by an individual to bring about the deathRead MoreMock Strategic Plan For California Hospital Medical Center Essay3834 Words à |à 16 Pagessub-acute, and operates the only Level II trauma center in downtown Los Angeles. The CHMC Emergency Room treats over 70,000 patients each year and a gateway to the many homeless people in the area. CHMC is a teaching hospital to most medical and nursing schools in California. It also offers a family residency program that attracts residents from all over the state. Prominent neighboring centers include Staples Center, L.A. Live and the Fashion Institute of Design and Merchandising. c)
Wednesday, May 6, 2020
Security And Privacy Of Big Data - 779 Words
1. Introduction The development of the current big data is still faced with many problems especially security and privacy protection [1]. On the Internet People s behavior are known by Internet merchants [2], such as Amazon, DangDang know our reading habits, and Google, Baidu knows our search habits. A number of actual cases show that personal privacy will be exposed even after harmless data being collected [1]. In fact, the meaning of big data information security is much extensive. The threat person facing with is not only personal privacy leak, but also the protection of big data itself and knowledge acquired from it. Currently many organizations realize the big data security issues and actively take actions on big data informationâ⬠¦show more contentâ⬠¦These data would attract more potential attackers, and become a more attractive target. On the other hand, with data assembled, the hacker could get more data in one successful attack, and reduce hacker s attack costs. The confidentiality of information refers that according to a specified requirements, information cannot be disclosed to unauthorized individuals, entities or processes, or provided the characteristics of its use. A large amount of data collection includes a large number of enterprises operating data, customer information, personal privacy and all kinds of behavior records. The centralized storage of these data increases the risk of data leakage, and not abused of these data also becomes a part of the personal safety. There is no clear definition to the proprietorship and right to use of sensitive data. And many analysis based on large data did not consider the individual privacy issues involved either. The integrity of information refers to all the resources which can only be modified by authorized people or with the form of authorization. The purpose is to prevent information from being modified with unauthorized users. Due to the openness of big data, in the process of network transmission, information would be damaged, such as hackers intercepted, interruption, tampering and forgery. Encryption technology has solved the data confidentialityShow MoreRelatedThe Invasion Of Privacy And Concern For Safety1624 Words à |à 7 PagesIntroduction: The invasion of privacy and concern for safety has been an increasing worry among people who live in the United States and across the world. The main issue is how does the governmentââ¬â¢s actions change how people view their own security and even national security. Broader theories of this research question would be how the governmentââ¬â¢s interaction with technology and security influence how people think about their own personal privacy and safety as well as our national security. Some central questionsRead MoreImpact Of Big Data On The Future1364 Words à |à 6 Pagesflow of data and information flooding our lives in conjunction with further increases in technology, has created a world of endless possibilities in this day and age. The impact and influences that have been created through big data will shape our lives not only today, but well into the future. This report examines the benefits of big data and the impact it has currently having in our lives as we speak. It a lso explores the correlation between the lack of knowledge, security and privacy issues weRead MoreBig Data Is An Emerging Term1674 Words à |à 7 PagesBig data is an emerging term which has been noticed since it influences our daily life gradually. The big data is a large concept that is vague because different people look at big data phenomenon from a different perspectives, it is not easy to make a precise definition (Moorthy, et. al., 2015). The deï ¬ nition of big data is a matter of debate, however, a typical reference is to the collection, management, and analysis of massive amounts of data (McNeely Hahm, 2014).According to George et. al.Read MorePrivacy Issues Of Data Mining And Data Publishing1404 Words à |à 6 PagesPrivacy Issues in Data mining and Data Publishing: With the buzz around many big data applications, privacy concerns regarding their uses have also grown. With the personal data has been mined and published every day, the battle to reclaim the privacy starts vigorously. E-commerce websites harvests information about all the online searches of customers. Social Media exposes the likes and preferences of people, their photos and all their daily activities. Video surveillance monitors the movement ofRead MoreThe Security Measure Can Be Deployed For Enhancing Cyber Security1055 Words à |à 5 PagesDespite the concern of privacy, security is also a major interest of big data application. First of all, big data application need to be secured extensively to prevent cyber attack. In addition, Big Data itself can be deployed for enhancing cyber security. Nowadays almost everyone has one or more portable devices, such as smart phones, tablets. Studies show that ââ¬Å"80% of connected devices are at riskâ⬠. Our portable devices may store our sensitive information such as credit card number, banking infoRead MoreThe Problem Of Information Security And Security1502 Words à |à 7 PagesInformation security and privacy is a fundamental component of a successful and efficient healthcare environment. The coming year will be a busy one for lawyers, compliance officers, privacy officers, and senior management as they must stay above the game when it comes to privacy and security. I will explore three trending issues and concerns relating to healthcare privacy and security. My hot topics include the use of big data and its implication, the evolving risks of cyber security, and healthRead MoreImpact Of Big Data On Businesses1298 Words à |à 6 Pages The impact of big data to businesses CIS 5681 Research Project Big Data Solution for Businesses Summer 2015 06/24/2015 Sai Kireety Kokkiligadda Sxk77140@ucmo.edu ââ¬Æ' Abstract Big data is buzzword in every field of business as well as research. Organizations have found its application across various sectors from Sports to Security, from Healthcare to e-Commerce. Information when rightly put in use can cease the market. For instance, with the rise of smart phone purchases, transactions throughRead MoreThe Big Data Is Preserve Privacy Information Of The Customers, Employees, And The Organizations Essay1398 Words à |à 6 Pagesimportant and significant challenge in the big data is to preserve privacy information of the customers, employees, and the organizations. It is very sensitive and includes conceptual, technical as well as legal significance. Any collected information about a person, when combined with other sets of data, can lead to the finding of persons secret and private information. ââ¬Å" As big data expands the sources of data it can use, the trustworthiness of each data source needs to be verified, and techniquesRead MoreThe Privacy Of A Computer System Essay1538 Words à |à 7 Pagesââ¬Å"You already have zero privacy. Get over it.â⬠Scott G. McNealy CEO of Sun Microsystems Inc. ââ¬Å"Our work to improve privacy continues today.â⬠ââ¬â Mark Zuckerberg CEO of Facebook. These are some of the quotes of CEOs of some most prominent and successful companies that have built their businesses by pacifying their customers into giving up their personal information. Human beings value their privacy and the protection of their personal sphere of life. They value some control over who knows what aboutRead MoreCyber Security And The Digital Age1457 Words à |à 6 Pagesfrom National Security Agency (NSA), triggering a global debate about national security and citizensââ¬â¢ rights to privacy on the Internet (Philippens, 2013). The development of Internet provides great convenience for the companies and consumers, such as e-commerce and social networking. Meanwhile, it poses certain risks to some extent, such as leakage of corporate secrets and personal privacy. Thus, multinational companies should find their ways to respond to the problem of cyber security in the digital
Tuesday, May 5, 2020
Internal Control Weakness in Cash Receiptââ¬Myassignmenthelp.Com
Question: What Internal Control Weakness in Cash Receipt? Answer: Introducation Finance function is regarded as the back bone of the proper working of each and every organization. If the finance function does not perform well or does not operate in the manner as required by the organization according to the nature and size and type of the business, then the organization will end up with the closure or winding up. The finance function starts from the procurement of raw materials or goods and ends with the collection from the customer to whom processed goods or goods have been sold. Through this report the working of the finance function has been analysed for Everyday Supplies Pty Limited. Although all the functions are the part of study but in this report the cash receipt and billing function of the company have been discussed in detail. The internal control weaknesses that is prevailing in the cash receipt and billing function of the company is observed and listed and after that it is analyzed as to why listed factors are defined as the weaknesses of the internal control system. After listing out each weakness the proper remedies that are required are mentioned. The report has then ended up with the proper conclusion and the recommendation. Internal Control Weaknesses In Cash Receipt And Billing System And Its Reasons In accordance with the function defined for each and every stage, following are the weaknesses that have been observed in relation to the internal control system that has been adopted by the company: Approval of Credit limit without checking the creditworthiness of the customer In this, the customer according to the case study is the contractor who purchase merchandise from the company retail store. The first and foremost internal control weakness that has been observed is the approval of credit limit. This function is performed by the credit manager of the company. As per the current situation, the credit manager extends the credit to the contract on the basis of its own discretion and on the basis of the familiarity that he has gained over the passing of time with the contractor. The weaknesses have been noticed in the said extension of the credit. As per the normal practice of the business, the extension of credit shall be granted only after obtaining the prior approval of the higher authorities first and also the credit manager shall identify the credit worthiness of the contractor as to whether the contractor will be able to pay the amount due in future or not (Darrough, 20 12). It is regarded as the weakness in the internal control system because of the fact that in case the credit so approved by the company exceeds the maximum amount which the contractor can pay, then there will be the high risk of having the amount from the contractor with easy means and most of the times these are considered as the bad debts which cannot be recovered and will be treated as an expense of the company rather than the income. Improper Billing System The responsibility of issuing the invoice to the customer is of the accounts receivable supervisor. The weakness that has been observed in the system is of the process that the accounts receivable supervisor has adopted to issue the invoice to the customer. The accounts receivable supervisor got the information of the bill details from the sale associate who gives the pre numbered charge form obtained from the credit manager. The accounts receivable supervisor verifies the pricing that the charge form contains with the pre defined price list that the company has already put in place for each and every item that the company sale to their customers. Here are the more chances of manipulation in getting the invoices prepared with different and vague amounts. He can correct the price and alters the bill and there are chances that the accounts receivable supervisor may alter the bill as per his own discretion. It has been regarded as the weakness because of the fac t that the account receivable supervisor discretion and his work is not be crossed checked by the company in any manner. There is no system where the amount mentioned in the pre numbered charge form can be tallied with the invoice amount that has been issued to the customer on the daily basis or any periodical basis depending upon the nature and type of the business (Hammersley, Myers and Zhou, 2012). Improper Authorization of Write Offs The responsibility to authorize to write off the balances of the customers depends upon the book keeper. Book keeper is the person who is engaged in the preparation of books of accounting by recording each and every transaction of the business and is liable if any damage is caused to the books of accounts or any manipulation is done in the books of accounts. Books of accounts plays very important role for the users of the financial statements of the company as the financial statement is prepared through the books of accounts only. The weakness that has been observed in this is that the book keeper has the power to authorize the accounts receivable supervisor to write off the balances of the customers if the amount outstanding is more than six months. The authorization is improper because of the fact that the book keeper does not goes into the details as to why the amount is outstanding and does not even follow up with the customers as reminder to make the payment. He on his own discretion allows the accounts receivable to write off the balances. It has been regarded as the weakness due to the fact that if the same system will be followed then there will be the high chances of misrepresenting the affairs of the company to its stakeholders and shareholders (Ji, 2016). Inflexibility in Stopping Approval of Extra Credit to the Customers The responsibility to extend the credit to the customers and increase their credit limit is of the credit manager. The weakness that has been observed lies on the part of the book keeper who issues guidance to the credit manager to not to extend additional credit facilities to the customers who have not paid their outstanding due for more than the six months. The policy that is being followed by the book keeper is totally rigid and inflexible and is not according to the nature and type of every business operating in the industry. It is because there is high possibility that the credit manager would have extended the credit of that customer before one day of completion of the six months. It is happened because of the fact that no system has been put in place by the company where the monthly or daily reports can be sent and shared between the different segments of the finance function of the company rather they have d eveloped the system where one segment informs the other segment on the day when the wrong has happened and ask other segment to act quickly and perform the function in the manner specified. This has been regarded as the weakness because of the fact that the current system if prevails for long can result in loss of faith of the customers and worst can happen with the no customers and thereby closure of the company. Improper Cash Handling practices The responsibility to handle and manage the cash lies on the cashier. In the general practice, the cashier shall collect the cash first and then records the same in the books of accounts and thereafter deposits the same in the bank account of the company. But in the given situation, the cashier is collecting the cash first from the customers and instead of recording the same in the books of accounts, get the cash deposited in the bank account and then made the entries in the books of accounts as per the cash deposit slip received from the bank. Further the cashier sends the bank statement along with the cash deposit slip to the book keeper to reconcile the same. The said reconciliation is of no use as the amount of deposition will always tallied with the deposit slip. There was no check at the time of receiving the cash and depositing the same in bank. Further reconciling the same with bank is vague. In the cash being deposited in the bank, there are the chances of getting it manipulated. This deficiency is regarded as weakness because it can have chances of embezzlement of cash and frauds can be happened easily (Lenard, Petruska, Alam and Yu, 2016). Remedies for Weaknesses The weakness in the internal control system of the company can be reduced by applying the proper corrective actions. The following actions have to be taken by the management of the company to correct the weakness in the internal controls relating to cash receipts and billing functions: There shall be defined system for approving the credit limit of the contractor customer. It shall not be done on the basis of the familiarity gained with the customer rather shall be purely done on the basis of the creditworthiness of the customer. The creditworthiness is judged by the external rating agencies and the company shall put a system in place for getting the rating done for each customer before approving the credit limit (Biegelman and Bartow, 2012). The company shall have proper billing and invoicing system where the sale price shall be tallied with the pre numbered charge form given by the sale associate to the accounts receivable supervisor. This tallying of figures shall be done for each and every sales invoice and the monthly report shall be shared within all the segments of the finance function. The policy of writing off the account balances of the customers shall be done on flexible basis. The current period of six months is too short and is also not as per the provisions of the relevant accounting standards and the corporations act, 2001. The period shall be increased and write off shall be done when there is high probability of non recovery of the amount. The stopping of the credit approval shall be done on the basis of the monthly report received from the book keeper and as per the defined policy of the company. This monthly report shall contain the name of the customers along with the detail of amounts which are outstanding from the very long period. Policy of the company shall be flexible in relation to the amount and period of outstanding. Cashier shall be given clear cut instructions to not to deposit the cash directly, first it shall be entered in the books of accounts and the cash collection shall be reconciled with the particular sale invoice. This reconciliation shall be given to all the segments of the finance function so that the policy regarding the write off, credit approval, etc can be reframed clearly (Ritt, 2006). Conclusion Finance Function is the important function upon which whole working of the company depends. In the given case study, it is identified that there are internal control weaknesses related to each part of the function whether it relates to the invoice generation to the customers or cash collection from the customers. The report has provided the appropriate reasons of its presence and defining as the weaknesses and proper remedies has been given for each weaknesses. It is recommended that the company shall install such a system which can remove all the weaknesses that has been mentioned above and also will help the company in looking into other weaknesses which has not been formed as part of this report. References Biegelman M T and Bartow J T, (2012) Executive roadmap to fraud prevention and internal control: Creating a culture of compliance- John Wiley Sons, pp 13-16 Darrough M, (2012), Inetrnal Control Weakness in the Market for Corporate Control available at https://www.unavarra.es/digitalAssets/163/163254_Internal-control-weaknesses.pdf accessed on 19/05/2017 Hammersley J S, Myers L A and Zhou J, (2012) The failure to remediate previously disclosed material weaknesses in internal controls Auditing: A Journal of Practice Theory,31(2), pp.73-111. Ji X, (2016) Internal control weakness and accounting conservatism in ChinaManagerial Auditing Journal,31(6/7), pp.688-726 Lenard M J, Petruska K A, Alam P and Yu B, (2016) Internal control weaknesses and evidence of real activities manipulationAdvances in Accounting,33, pp.47-58 Ritt D, (2006), Inetrnal Controls over Cash MAngement Banking Activities available at https://www.si.edu/Content/OIG/Audits/2006/M-06-01.pdf accessed on 19/05
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