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UMUC ACCT301 week 2 discussion




Question;To ensure proper employee supervision and proper separation of duties, companies must develop and monitor an organizational chart. One corporation that did this found that out of 17,000 employees, there were 400 people who did not report to anyone, and 35 people who reported to each other.Why would unsupervised employees or employees who report to each other represent potential internal control threats?Discussion 2SEC 10K Project:Balance SheetRespond to one or more question(s) from each of the three categories below. Category: Stock Market1. What was the closing price of your corporation's stock on the first day of class and the day before you are posting this response?2. What is Standard & Poor's 500?3. What is the Dow Jones Industrial Average (DOW)?Category: Assets and LIabilities1. What were total current assets?2. What were total current liabilities?3. What was total assets and total stockholder's equity (deficit)?Category: Analysis1. Calculate the following ratios for the most recent year and comment on the results of your ratio analysis. a. Current ratio b. Quick ratio c. Debt to assets


Paper#40167 | Written in 18-Jul-2015

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