Class Notes (837,469)
Canada (510,274)
Accounting (108)
ACCTG456 (12)
Lecture

Chapter 7 In Class Questions.pdf

2 Pages
103 Views
Unlock Document

Department
Accounting
Course
ACCTG456
Professor
Trish Stringer
Semester
Winter

Description
In Class #7.1 - Importance of internal control Powersys is an electricity distribution company based in a large capital city. Its business is to manage the electricity assets, including poles, wires, and other equipment, that are used to deliver electricity to more than 500,000 retail and business customers in the city. Pole, wire, and substation maintenance and improvements are a large part of the company's operations, and teams of highly trained technicians are used for both planned work and emergency response activities. Emergency response is required when storms or fires bring down power lines, the power must be turned off at the direction of police, or the electricity supply fails for any reason. Each team has several vehicles (vans and trucks) and uses additional heavy equipment, such as cherry pickers, cranes, and diggers, as required. Each vehicle carries a core set of specialized parts and tools, and additional items are obtained as required from the stores, which are located in a large warehouse in the northern suburbs. The warehouse is staffed on a 24-hour basis to assist night maintenance (designed to minimize disruption to business customers) and emergency response. Required 1: Make a list of the potential problems that could occur in Powersys' maintenance and impr
More Less

Related notes for ACCTG456

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit