1301 Lecture Notes - Lecture 1: Cash Flow Statement, Petty Cash, Internal Control

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emilypena887

22 Nov 2021

School

UHD

Department

Business Administration

Course

1301

Professor

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Document Summary

Also called the public company accounting reform and investor protection act of 2002. Variety of guidelines related to auditor client relations and internal control procedures. Requires company management and auditors to document and assess effectiveness of company"s internal control. Measure of the amount of cash generated by a company"s normal business operations. Financing cash flows a section of a company"s cash flow statement, which shows the net flows of cash that are used to fund the company. Financing activities include transactions involving debt, equity, and dividends. Example: cash received from the issuance of common stock/ repayment of long-term borrowing to the bank. Includes all purchases of capital assets and investments in other business ventures. Example: cash received from the sale of a used company truck. / payment for land. The sarbanes-oxley act of 2002 applies to all companies that: File reports with the securities and exchange commission.

Related Questions

Identify which human resources management activity is being illustrated in the following examples:

HR management activities:

staffing	compensation & benefits	training & development
compliance	employee relations

1) Identify which human resources management activity is being illustrated in the following examples:

6) _____ training and dev _____ A manager conducts job orientation for several new employees.

7) _____ An HR manager makes sure the company is following equal employment opportunity (EEO) laws.

8) _____ An HR manager negotiates with an insurance carrier to get a good deal for the company.

9) _____ An HR manager listens to and records an employee grievance.

10) _____ A supervisor negotiates a job offer with a candidate.

11) _____ A department manager develops an instruction manual for one of the company's job positions.

12) _____ An HR manager perfors background and reference checks on a potential candidate.

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The difference between a company's strategy and a company's business model is that

A)a company's strategy is the plan for achieving strategic objectives while its business model is the plan for achieving financial objectives.

B)the strategy concerns how to compete successfully and the business model concerns how to operate efficiently.

C)a company's strategy is management's game plan for realizing the strategic vision whereas a company's business model is the game plan for accomplishing the business purpose or mission.

D)strategy relates broadly to a company's competitive moves and business approaches (regardless of the financial outcomes it produces) while the term business model relates to whether the revenues and costs flowing from the strategy demonstrate that the business is viable from a profit perspective.

E)a company's strategy concerns how to please customers while its business model concerns how to please shareholders

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How can HR professionals demonstrate that they provide value in terms of return on investment for an organization?
How do an organization’s vision, mission, and strategywork together to help organizations survive and thrive, and what is the role recruitment and selection plays in this? Clearly define each of the terms within your answer.
Discuss the impact of demographics and current socioeconomic conditions on organizational recruitment and selection practices for organizations.
Discuss the impact of demographics and current socioeconomic conditions on organizational recruitment and selection practices for organizations.
Can an invalid selection test be reliable? Can an unreliable selection test be valid? Explain, and provide examples of each instance to illustrate.
Compare and contrast content, construct, and criterion related validity strategies? Provide an example of each approach
Define, compare, contrast, and provide examples of fairness and bias as used in the context of HR selection
Would the Canadian Charter of Rights and Freedoms prohibit an employer from putting in place a selection system that favoured women over men in the hiring process? Could such discrimination ever be justified under the Charter?
What are the prohibited grounds of employment discrimination in Alberta, define prohibited grounds of employment discrimination?
What does it mean to accommodate someone to the point of undue hardship?
Why is basing hiring practices on a “gut feeling” risky business?
Why is a job analysis essential to the defence of any selection process or selection system?
What is the relationship of a “position” to a “job” and a “job” to a “job family”?
What are the major differences between a competency-based selection system, and one developed through job analysis?
What is a competency? Defend your answer
If you were limited in selecting employees based on only one of the four types of performance discussed in this chapter, which one would you choose? Why?
Why is it important to understand performance as part of the recruitment and selection process?
Define task performance, contextual performance, adaptive behaviour, and counterproductive behaviour. Discuss the role each of these plays in developing a recruitment and selection system.
List and explain each of the performances defined in Campbell’s performance taxonomy

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1301 Lecture Notes - Lecture 1: Cash Flow Statement, Petty Cash, Internal Control

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