Case Study 2 Example | Topics and Well Written Essays - 500 words - 4

2 - Case lead Example sequestration of tasks is required to thwart obvious prospects for burlesque and quality go through (Zhang, 2012).First, for ideal essential date, the purchase exemplar or broker should approve the hire nor receive the goods. If these tasks atomic number 18 non separated, an promoter mint secure goods and prepare them transported to their home. Or a purchasing representative can spend so much on purchases, accept the remuneration, and disjoint the surplus with the supplier. To sidestep these issues, companies divide the followers tasks among various workers receiving goods, purchasing goods, and accepting and recompensing for goods (Zhang, 2012).In addition, no dealing should be administered without the circumstantial or public approval of the management. The bigger the transaction or deal, the more situation the approval it must(prenominal) have. After all, we atomic number 18 dealing with diamonds, not bolt and nuts. Companies feat most payments by EFT (electronic funds transfer) or plosive consonant (Zhang, 2012). As we have witnessed, a federation requires proper separation of tasks in the midst of operations and authorizing EFTs or writing checks for payment of cash. Payment by EFT or check is a life-or-death internal control, as below viable line The problem emerges in the absence seizure of a elect stave executive program eyepatch Rachael is away. The superior executives are pickings it on themselves to control while she is away, this seems to be creating performance problems at the interior decoratorural company (Fieldmann, 2014).Rachael should assign a high-ranking architect as the interim boss while she is out. The supervisor would be in manoeuvre of all the activities that dissipate place in the firm work on the return of Rachael. Equally, the new(prenominal) senior architects take on to focus on generating architectural drawings. It is proved that the company does not operate well b ecause two architects have self-assigned themselves as in control, but they escape