The following is an extract of the problem statement from a student proposal, titled $$

Assessing lack of effectiveness of internal control systems on asset management at the ministry of work, Namibia

Asset management is one of the most important functions at any company or institution. The

assets owned by the organization are the core resources of the organization and need to be well controlled. These include both moveable and immoveable property, inventory, equipment, cash and intangible assets. Effective internal control can help an organization to improve its performance, profitability and prevents loss of resources. It ensures reliable financial reporting as well as company compliance with laws and regulations, thereby avoiding damage to the company$$s reputation and other consequences. To sum up$,$ it can help an organization prosper in order to achieve its objectives and also avoid pitfalls and surprises along the way $($Jackson & Stent, $2016).$

Despite the internal controls on asset management that exist, organizations are still facing problems regarding those internal controls, and this may be because the internal controls that are in the organization are weak, or are undermined by the workers, or not well designed $($Jack$,$ Robert & Joseph, $2007).$ Therefore, the researcher would like to analyses and evaluate the effectiveness of internal controls on asset management in Ministry of works, find out the positive contribution of internal control toward the reduction of asset theft, damage and misuse of properties, find out the types of internal controls ministry of works is using, we particular reference to whether and how they are using such internal controls to manage assets and find out proper improvement to ineffective internal controls on asset management.

REQUIRED

$1\mathrm{.}1$ Comment on the content and strength of the presented problem statement in line with the guide lines for writing the problem statement. $[10]$

$1\mathrm{.}2$ Name and discuss five $(5)$ challenges a researcher can encounter to find appropriate literature when searching online for a research problem. $[10]$

Question $2[30]$

REQUIRED

$2\mathrm{.}1$ In the form of a table, highlight any four $(4)$ key difference between quantitative research and

qualitative research? $[10]$

$2\mathrm{.}2$ There are four measurement scales used in quantitative research, namely nominal, ordinal, interval and ratio scale. For each measurement scale, state the characteristic of each scale? $[10]$

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FACULTY OF COMMERCE, MANAGEMENT AND LAW OLD CURRICULUM MODULES

$2\mathrm{.}3$ Qualitative data are often$-$ analysed in text form. When preparing qualitative data for analysis as text you should transcribe it as a word$-$processed document.

$2\mathrm{.}3\mathrm{.}1$ What does it mean to transcribe? $[2]$

$2\mathrm{.}3\mathrm{.}2$ Explain how you would present qualitative data analysis and interpretation? $[8]$