Internal Control Case Study Example | Topics and Well Written Essays - 500 words

Internal Control - Case Study Example The $500 check would have had to be mailed to someone other than the cashier. In addition to the cashier being unable to write a check to himself, the checks should have been kept under lock and key. This would require another person to authorize the writing of a check. The ability of the cashier to deposit a check into petty cash would have been avoided by the use of an imprest account. That would have required the petty cash fund to be replenished through a voucher system. The cashier would not have been able to make a deposit without the cooperation of another individual. All petty cash payments and deposits are then accounted for. The situation also could have been avoided by segregating the duties of the payment from the petty cash fund and the deposit into the fund. This again would limit the ability of the cashier to make the fund appear reconciled by the diversion of other funding. In addition, the bank reconciliation should be accomplished by someone other than the person writing the checks. The cashier was able to falsify the reconciliation to cover the movement of the funds. If an independent individual had done the reconciliation, his crime would have been prevented. The cashier should also not have been allowed to alter the invoice that was sent to Customer A that reflected the $500 payment.

Computer networking Research Paper Example | Topics and Well Written Essays - 1000 words

Computer networking - Research Paper Example The connectivity that has connected individuals in the present digital age has become possible due the linking together of computing devices. Technically advanced devices and their increasing usability have assisted in connectivity among individuals. Communication and connectivity have never been as easy as they are today. Neither is it required to get into the hassle of arranging hardware for establishing connectivity nor is it as timely as it used to be just about a decade back. There are several means by which connectivity may be maintained. The basis of it all however lies in the fact that it mainly is computer networking that enables the establishment of this connectivity. The establishment of connection between two or more computing devices is referred to as Computer networking. This network among computing devices may be established via either local area networks or Wide Area Networks. The connection may either be wired or un-wired. The unwired connections are referred to as Wireless Networks. The computing devices that are part of a network are said to be its units. The most suitable and feasible of networks is the Local Area Network. Once the LAN has been set up, the proposition of converting it into its better WLAN form become comparatively easier. Computing resources that are present within a physical boundary over a small area can be connected together via hardwired physical connections. It is this type of a hard wired connection which is referred to as a Local Area Network. â€Å"Universal components consist of the physical media that connect devices, interfaces on the individual devices that connect to the media, protocols that transmit data across the network, and software that negotiates, interprets, and administers the network and its services.† (Knowledgebase, 2012) Computing devices connected via a network