Saturday, December 28, 2019
Subject: Assessment of Exton Industries, Inc. Dear Ms. Johnson: nbsp;nbsp;nbsp;nbsp;nbsp;I have recently reviewed the Control Environment Questionnaire for Exton Industries, Inc. After evaluating the evidence collected by our staff member, I have come up with an assessment of the fraud risks. From the evidence gathered, I have concluded that Exton Industries has a weak control environment. Overall, it will not do an effective job of preventing fraudulent activities. nbsp;nbsp;nbsp;nbsp;nbsp;While evaluating Exton Industries, I had to consider how the control environment would prevent misstatements arising from misappropriation of assets and fraudulent financial reporting. nbsp;nbsp;nbsp;nbsp;nbsp;The controller,Ã¢â¬ ¦show more contentÃ¢â¬ ¦The audit committee privately discusses relevant issues with external auditors and conducts annual reviews of audit functions and activities. However, there were three issues that could lead to misstatements arising from fraudulent financial reporting or misappropriation of assets. The first issue is the fact that the board is supposed to address managementÃ¢â¬â¢s adherence to the code of conduct and it was noted that a code exists but the board does not take specific actions related to adherence. The second and third issues are that the board is supposed to issue directives to management detailing specific actions to be taken and oversee and follow up as needed. It was noted that neither one of these practices were observed. From the evidence gathered, it seems as though Exton IndustriesÃ¢â¬â¢ control environments for their organizational structure, integrity and ethical values and managementÃ¢â¬â¢s philosophy and operating style are weak and may not prevent fraudulent activities. The new management team encourages managers to cut through red tape whenever possible, employees stated that in prior years communications channels were observed whereas now, they are more formal and less candid and the new management team has not completed their planned assessment of the organizationalShow MoreRelatedAudit Engagement Checklist11116 Words Ã |Ã 45 PagesPrint Form 00-1 2009 General Audit Engagement Checklist 20,401 Section 20,400 General Audit Engagement Checklist Checklist for Review of Audit Engagements Contents Section I. The AuditorÃ¢â¬â¢s Report With Regard to the AuditorÃ¢â¬â¢s Report............................................................................................... II. General Audit Procedures With Regard to Client Acceptance .................................................................................................. 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Friday, December 20, 2019
Childhood obesity is a medical condition that is found in children, teenagers and middle aged people. Everyone has a unique body shape and structure that is engineered right for them but sometimes the body will store more body fat than required. If an individual stores more fat than an average person is supposed to, then they can be categorized as obese. Childhood obesity can be identified seeing if the weight of a child is well above that of an average for a child s height and age. For an overweight child, it is very essential that you let him or her to know that you will be understanding. Children s thoughts about themselves mostly depend on their parents feelings about them, and if you talk to him about his thoughts and problems, it might be easier for them to work on cutting down weight either by controlling food intake or by increasing and improving effective physical exercises. Most of obesity problems in childhood are caused due to children eating too much and not doing enough physical workouts. Weight gain happens when the energy intake is more than energy the energy that has been burned off by exercising. Children at risk of becoming overweight or obese include children who: consume food and drinks that are high in sugar, fat, calories or even carbohydrates on a daily basis such as fast food, candy, baked goods, and pop and other sugar-sweetened beverages. Those children who are not physically active each day, such as those who watch a lot of TVShow MoreRelatedChildhood Obesity Is A Medical Condition2494 Words Ã |Ã 10 PagesChildhood obesity is a medical condition in which affects children of all ages sometimes even into their adulthood. This condition occurs when a child is very well above the normal weight set for his or her age and height. 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Being obese is different from being overweight, although both mean that a personÃ¢â¬â¢s weight is greaterRead MoreChildhood Obesity : A Serious Medical Condition Plaguing Youth1765 Words Ã |Ã 8 PagesAustin Brown Dr. Rodney Beaulieu Human Development 101 11 December 2015 Childhood Obesity Childhood obesity is currently a serious medical condition plaguing youth and adolescents all around the world, especially in developed nations. Childhood obesity occurs when ones weight or body fat exceeds what is normal for ones height and age. Children who are overweight are often troubled with poor self-esteem and depression. Overweight children are subjected to health issues such as diabetes, high bloodRead MoreChildhood Obesity : A Serious Medical Condition That Affects Children And Adolescents Essay1116 Words Ã |Ã 5 PagesMy enquiry question will identify the leading causes of childhood obesity in New Zealand. 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Childhood obesity is a serious medical condition that affects childrenRead MoreChildhood Obesity : A Serious Medical Condition That Affects Children And Adolescents Essay1736 Words Ã |Ã 7 Pagesatrocious disease like cancer nor is it learning or behavioral problemsÃ¢â¬âit is obesity! The Mayo Clinic, a nonprofit organization committed to clinical practice, health education and research, defines child hood obesity as Ã¢â¬Å"a serious medical condition that affects children and adolescents, that occurs when a child is well above the normal weight for his or her age and heightÃ¢â¬ (Mayo). The Mayo Clinic goes on to say that childhood obesity is particularly troubling because it starts kids off on an early pathRead MoreChildhood Obesity : A Serious Medical Condition That Affects Children And Adolescents878 Words Ã |Ã 4 Pages Research Paper on Childhood Obesity Childhood obesity is a serious medical condition that affects children and adolescents. 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No this Ã¢â¬Å"diseaseÃ¢â¬ is not untreatable, it is not contagious and there is no chemo involved yet it continues to grow. Why? When asked to present a problem and a solution, what bigger a problem and easier a solution than the underrated concern of childh ood obesity in the United States. Childhood obesity
Wednesday, December 11, 2019
Question: Discuss about the Opportunity Cost In Tourism Industry. Answer: Opportunity cost in Tourism Industry Opportunity cost is the concept that can be used in thetourism management and this will be having positive impact on thetourism management as well. Opportunity cost has a positive impact on the tourism industry as it helps in understanding the opportunity that has been lost. It helps in providing a proper understanding about the reality while selecting different options as well. For instance In tourism industry, when a person enters as to travel to a particular destination, there are different options that are available to that person while selecting for a particular destination. When the person will choose a particular destination, then he/she will be losing the opportunity for other destinations and this will help in understanding the real scenario of the entire situation. While choosing a particular destination, it is the responsibility of the customer as well as the tours and travel manager to identify and understand the different issues that can occur while selecting a particular destination. This will help in understanding the different relative prices of other destinations the individuals want to travel. This will help in gaining proper competitive advantage and gain positive outcomes as well in the tourism industry. Example of positive outcomes of opportunity cost in tourism industry Opportunity cost is defined as the concept wherein in order to receive an opportunity for one particular destination, there will be a loss of opportunity of another destination (Mok, Sparks and Kadampully 2013). This is in relation to the tourism industry as well as management. There are different advantages as well as disadvantages of the tourism management. The advantages are it helps in providing awareness about the opportunity that has been lost by the customers who planned to travel to a specific destination. Secondly, it will help in understanding the different relative prices of the other alternatives that has been shortlisted by the customers in order to permanently select a destination to travel. Furthermore, there are different disadvantages of the tourismmanagement as well wherein this takes a lot of time in order to calculate as well as consider. With proper implementation of time that is required it will help in understanding the different options or the alternatives carefully, however there are situations when there is limited time available and then time becomes a huge constraint for the tourism management as well as for the customers as well (Waligo, Clarke and Hawkins 2013). For instance A customer went to a travel and Tourism Company named Adventure Tours situated in Melbourne, Australia. The respective individual wanted to travel to a particular destination with the family members in United States of America within a budget of $1, 00,000. The tourism manager helped him with different kinds of alternatives for different places in the world. The manager helped the customer by providing him the brochure for different places that covers within the budget that has been provided to him by the client. This helped the customer in getting a brief about the different places and he had ample scope to decide on the respective place he wants to travel. This is the case of opportunity that has been provided to him wherein he understood the different aspects of different places clearly from the manager of the respective tourism company. The customer has been provided with ample opportunities about different destinations and this helped him in selecting a destination based upon his budget. Furthermore, from the various options that has been provided to him, he had the opportunity to select a particular destination and reject others. In this scenario, the customer lost the opportunity of the other travel destinations in order to choose a particular destination. From this particular example, it can be analyzed that opportunity cost helps and have positive outcome in the tourism industry as well. The opportunity cost has positive outcome in the different industries in different ways, however there are different disadvantages in the opportunity costs aspects in tourism management as there will be time constraints at times when there are only few options available for the customers in the organization to select a particular destination as there are huge bookings going on for that specific destinations (Medlik 2016). Example of negative outcomes of opportunity cost in tourism industry There are negative impacts of opportunity costs on the entire tourism industry as well wherein there is lack of time and lack of accounting as well in this particular sector. For instance A particular customer went to Adventure Tours, Melbourne, Australia wherein he wanted several options for travelling to a particular destination in United States of America wherein he had a budget constraint and he can only spend around $90,000. The manager helped the customer with different destinations that are available in the rate that has been mentioned by the customer. However, the manager has clarified that there are only few tickets left and there is only some time left for the tickets to be sold out. The customer had no other option but to select a destination without getting proper consultation from his family members with whom he was planning to travel to United States of America. In this case, there is lack of availability of time in making a sound decision about the destination by the customer. There is lack of accounting as well in the tourism business management as well as that can prove negative for the entire tourism business in the future (Mahadevan 2014). Summarization of positive and negative impacts of opportunity costs on Tourism management Therefore, this can be learnt that opportunity costs can have both positive as well as negative impacts on the tourism management. Opportunity costs has a positive effect on the entire tourism management as there are different options available for the customers who are planning to travel to different destinations and they are availing various options for selecting a particular destination as well. On the other hand, there are negative impacts of tourism management as well wherein there will be constraint of time and lack of accountability that can have huge impact on the entire tourism management as well as the tourism sector. Therefore, opportunity costs are useful when the particular individuals or customers are planning to travel to a particular destination within a fixed budget and they have different options available for them as well. On the other hand, the time constraint can have a negative impact on the tourism management. References Mahadevan, R., 2014. Understanding senior self-drive tourism in Australia using a contingency behavior model.Journal of Travel Research,53(2), pp.252-259. Medlik, S. ed., 2016.Managing tourism. Elsevier. Mok, C., Sparks, B. and Kadampully, J., 2013.Service quality management in hospitality, tourism, and leisure. Routledge. Waligo, V.M., Clarke, J. and Hawkins, R., 2013. Implementing sustainable tourism: A multi-stakeholder involvement management framework.Tourism management,36, pp.342-353.
Wednesday, December 4, 2019
Charlotte National Golf Club is a place where I played golf, practiced golf, ate sausage biscuits, and worked long hours. Sunday mornings at Charlotte National always had the guarantee to be especially eventful. I will never forget the feeling of it being unbearably cold as my buttocks came in contact with the wet cart seat at the crack of dawn. For the past four years at six in the morning, I would find myself in the same routine every weekend. I would arrive at the course before dusk a pour myself a cup of coffee, then head outside to begin removing the old rusty lock from the golf cart fencing. After the carts had been staged and the sun had risen, I knew that I had excitement in store. The Sunday morning routine might have been constant, though intriguing surprises emerged constantly. Some may ask how a weekly routine could be considered to be interesting by any means and why I loved my job as much as I did. I feel in love with my Sunday morning rounding at Charlotte National Golf Club because of the people that I came in contact with and the relationships that were built. At Charlotte National ordinary events always seemed to translate into extraordinary experiences. When asked to identify ones childhood home, most people would have the instant response of stating their address of where their family resided throughout their childhood. This can be known as the universal definition of a home; however; this is not always the case. My philosophy on ones home can be illustrated by a quote by Robert Frost. Home is a place, where, when you have to go there, they have to take you in. For me, Charlotte National is simply this type of place I will forever be apart of. When pulling into the parking lot of Charlotte National, I probably get sighs from all of the members unloading their clubs from their vehicles. Chances are I even get a mutter or two that go something like, Oh, this guy again. Bu t they always know that Charlotte National is my home and we all are family; therefore; they must take me in. At around seven o clock every Sunday, for two-hundred and fifteen Sundays straight, the carts had been lined up neatly and it was time to enjoy the comfort of the ramshackle triple-wide trailer that we call our club house. I could always rely on my boss, whom I refer to as Slick Vick, to have a warm McDonalds sausage biscuit and a sweet tea on hand for me. My breakfast was enjoyed by sitting down and chatting with the gathering of old men that are known as Dales Group. We discussed everything from their war stories from back in the day to the golf shot they had just hit yesterday. Soon enough, the frost had departed from the fairways, and it was their time to hit the links and my time to get some work done. My main job on Sunday mornings at Charlotte National was to pick balls up on the driving range. I was fortunate that this task wasnt to be completed by hand, but rather with a primal caged cart that is looped around the driving range in a lawn-mowing motion. This wasnt the most r eliable vehicle at our facilities by any means. We literally named this range picker Rust-bucket Randy. Randy was our maintenance man who slapped his name tag sticker on the hood one day after changing a spark plug. Mrs. Pam was the woman who worked the concessions counter in the clubhouse. She usually arrived at the club around ten oclock every Sunday morning. To no surprise at all she would say, Grant, I have you a surprisebreakfast! I am not the type of person to be rude and tell her that I already ate, and I am definitely not the type of person that would ever turn down a warm sausage biscuit. My second biscuit of the day had always been eaten with the greens-mower, Ralph. Every regular customer at Charlotte National at golf course knows this man as Race-track Ralph. Ralphs uniform consisted of faded wrangler blue jeans, a Dale Jr. tee-shirt, and a Marlboro cigarette hanging from the right side of his mouth. By the looks of this guy anyone could presume that he was birthed in the in-field of Daytona Motor Speedway as a child biologically destined to raise hell. Ralph was definitely an interesting character; I can honestly admit that I have never looked so forward to a conversation as I did the weekly chat with this man. We would sometimes talk for hours on the day where I had no golfs to wash and no golf balls in the driving range to retrieve. Ralph would tell one story after another to drive me to the point that my voice would become coarse and my eyes would become dry from shedding tears.I was in need of Clear-eyes due to the fact that I had been nearly crying because of such excessive laughter. I regret that I am no longer able to work at Charlotte National. There will occasionally be a Sunday morning where my biological alarm clock will begin its c***-a-doodle-doos when the sun is still submerged beneath the tree line. Unlike the majority of the working class, I fall disappointed that I will no longer be going to work at six oclock on Sunday mornings. I have moved away from the Charlotte area; Slick Vick, Mrs. Pam, and Race-track Ralph are no longer just a short drive away. Charlotte National may be municipal golf course unfavorably characterized by many for the odoriferous scent of tobacco smoke and the Pabst Blue Ribbon wafting through the air. It may not be a typical country club, but I fell in love with the place not because of any structurally sound facilities or an immaculate landscape, but rather because of the people that I came in contact with and the relationships that were built.