Answer:
Option d is the correct answer i.e.All of these choices are correct.
Paragon Tech must separate responsibilities for related operations. Someone other than the purchasing agent should be responsible for ordering services. Also employees should be required to disclose relationships between themselves and vendors.
Internal Control of Cash Payments Paragon Tech Company, a communications equipment manufacturer, recently fell victim to...
TE JUUM ILLU, II put is not prepared. When the Accounting Department receives an invoice billing Paragon Tech for a service call, the accounts payable clerk calls the manager who requested the service in order to verify that it was performed. The fraud scheme involves Mae Jansma, the manager of plant and facilities. Mae arranged for her uncle's company, Radiate Systems, to be placed on Paragon's approved vendor list. Mae did not disclose the family relationship. On several occasions, Mae...
Case 14-6 Making Connections Social Konnections Inc. (SKI or the “Company”) is a global Internet company that runs Social Konnections, a large social media networking Web site. SKI has experienced steep growth since its launch in 2005, and the Company went public in 2010. SKI currently has over 500 million active users who visit the site to connect with others, express themselves, and play games. Last year, substantially all of SKI’s revenue came from advertisers who market their products and...
How can we assess whether a project is a success or a failure? This case presents two phases of a large business transformation project involving the implementation of an ERP system with the aim of creating an integrated company. The case illustrates some of the challenges associated with integration. It also presents the obstacles facing companies that undertake projects involving large information technology projects. Bombardier and Its Environment Joseph-Armand Bombardier was 15 years old when he built his first snowmobile...