.  Discuss the difference between authorized shares and outstanding shares.

2).  Are there other classifications of shares that are important to consider?

3).  What are treasury stocks and why do companies engage in their purchase?

Classification of Functions Business

The Gardner Company, a client of your firm, has come to you with the following problem. It has three clerical employees who must perform the following functions:

a.Maintain the general ledger (G/L) master file

b.Maintain the accounts payable ledger (A/P) master file

c.Maintain the accounts receivable ledger (A/R) master file

d.Handle and send disbursements (vendor payments)

e.Issue credits on returns and allowances

f.Reconcile the bank account

g.Handle and deposit receipts (customer payments)

Assuming equal abilities among the three employees, the company asks you to assign the seven functions to them to maximize internal control and minimize the possibility of fraud. Assume that these employees will perform no accounting functions other than the ones listed.

a.What is the key to preventing fraud when assigning duties to employees?

b.Decide whether each of the above 7 jobs is a custody, recording or authorization function.

c.List unsatisfactory pairings of the seven functions listed (Hint: There are 8 unsatisfactory pairings.)

d.Explain how you would distribute the seven functions among the three employees. Assume that except for the nominal jobs of the bank reconciliation and the issuance of credits on returns and allowances, all functions require an equal amount of time.

e.Thinking beyond this problem, why should the IT staff not have custody of physical assets? What IT functions need to be segregated?

 IT Manager Job Description

As an HR Manager, part of your job is to analyze the staffing levels within the organization. You have to hire to fill one position within the organization. You can choose the organizational position you currently work or a future position. For this assignment, create a new position and write a description of the needs it fills in the organization, the job description, and the compensation and benefits package.

You will create and submit your assignment by using the ecree link. Just click on the link, and start writing. Your work will be saved automatically. You’ll see some feedback on the right-hand side of the screen, including text and videos to help guide you in the writing process. When you’re ready, you can turn in your assignment by clicking Submit at the bottom of the page.

Click the assignment link to start your assignment in ecree. Please note that ecree works best in Firefox and Chrome.

Write a 5–7 paragraph paper in which you:

• Explain three or four job components in the job description and specifications for the job.
• Explain what will be included in the compensation and benefits package related to the job.
• Format your assignment according to the following formatting requirements:
  • This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.
  • Include at least one reference to support your paper.

The specific course learning outcomes associated with this assignment are:

• Outline the requirements for a new position, including a job description and the compensation and benefits package.

 Financial Profitability Ratios

Prepare a PowerPoint slide on a class of financial ratios we have studied in this course. (Select profitability, solvency, or liquidity ratios to discuss in depth.) Explain how each of the ratios within that class are calculated and how they are used to analyze financial statements. Select a recently filed set of financial statements and calculate the ratio for that company. Explain what this ratio tells you about the company.

Reminder: Your Part 2 PowerPoint slideshow should be eight to ten slides in length total not including title and reference. Include at least 4 scholarly references as needed in addition to the course textbook to support your views.

CP 5-4 Manual vs. computerized accounting systems

All case studies MUST be in APA format and a minimum of 1 page. The case study must be completed in a Word document and submitted through the drop box.