Question
Please answer the following below. Please provide the necessary remedy or course of action in order to have a more effective internal control for the
Please answer the following below.
Please provide the necessary remedy or course of action in order to have a more effective internal control for the following situation or violations below.
1. Giving false information or hiding truth about business
2. Failure to disclose all the business information
3. Not presenting true identity of a particular person who do business.
4. Accepting a position in a company that does not suit to his profession and capability.
5. Creating false information for the benefits of their company.
6. Mistake on the books of corporation. or having a mistake while doing financial statement of a company.
7. Firing an employee because of some happenings that is connected to a friend.
8. Not giving acknowledgment to the excellence of employee.
9. Company does not disclose and reflect the appropriate income, transactions, and client's information and uses aliases and other names to avoid getting caught.
10. Lack of securities in work place and business area.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started