1 answer

CASE 1 You are the newly elected vice-president of campus life for the business students' association...

Question:

CASE 1
You are the newly elected vice-president of campus life for the business students' association at your institution. The first big event of the year is a party that has three live bands playing from 5:00 p.m. to midnight; tickets are $20 (cash only). A number of people are helping you sell tickets during the two weeks prior to the event. At the end of each day, you collect the cash from each seller and reconcile it against the tickets sold (the tickets are sequentially numbered). You place your records and the cash in a locked filing cabinet in your office, which is always locked. In less than two weeks, all of the tickets are sold. After collecting the cash from the ticket sellers on the day of the sellout, you're feeling terrific about the success of the sales campaign you organized for the event and go to your office, unlock the door, and immediately notice that the filing cabinet has been tampered with … all of the money is gone … over $35,000!

Required Using the elements of critical thinking and comment on each

Problem(s):
Goal(s)*:

Assumption(s)/Principle(s):
Facts:
Conclusion(s)/Consequence(s):


Answers

Problem/s:
All the cash collected for the program,which was kept under lock & key, in a filing cabinet, had been stolen
Goal/s;
To conduct successfully the first big event of the year, which happens to be the first event as newly elected vice-president of campus life for the business students' association at the institution-- to conduct the sales campaign successfully
Assumption(s)/Principle(s):
that the tickets are sold by effective campaigning, all the cash collected & stored adequately safely.
Facts:
Everything went as planned--tickets sold out in less than two weeks.Cash collected & stored in a filing cabinet, under lock & key.But on the day of the sellout, it was noticed that the filing cabinet had been tampered & all cash had been stolen.
Conclusion(s)/Consequence(s):
It is certain that this had been done by one person or a group of persons, who have knowledge about the method/pattern of your operation of storing cash & also had been planning as how to open the filing cabinet, from the time , cash was getting accumulated.
The case can be probed among all those who were involved in these processes.
In future additional controls should be employed, like allowing only one person , to operate the locker , where cash is kept, so that he can take responsibility & made accountable for any loss or theft--- preferably without not much dispersion of the fact , as to the place where cash is stored or updation of the balance.
.

Similar Solved Questions

1 answer
10. A calorie, defined in terms of water, is actually a metric system unit of energy....
10. A calorie, defined in terms of water, is actually a metric system unit of energy. True False 12.The temperature T = 273 K on the Kelvin scale corresponds to A. specific heat of water. B.boiling point of water. C.absolute zero. D.freezing point of water....
1 answer
An object with mAss Im is i along the +z direction. At time t = T...
An object with mAss Im is i along the +z direction. At time t = T it is at the pointz-2T and its speed is measured as v(T) nitially at rest at the origin -0. At time t-0 it starts to accelerate with a changing acceleration 4. What is the (a) 부 average power supplied by the force during the ti...
1 answer
A small diameter, 85-cm long, solenoid has 205 turns and is connected in series with a...
A small diameter, 85-cm long, solenoid has 205 turns and is connected in series with a resistor of 164 ohms. Calculate the magnetic field in the middle of the solenoid when a voltage of 99V is applied to the circuit....
1 answer
Nacio4 (5) --> Naci (s) + 2 02 (9) 12.00 moles of Nacio, will produce how...
Nacio4 (5) --> Naci (s) + 2 02 (9) 12.00 moles of Nacio, will produce how many grams of O,?! Answer:...
1 answer
If the object is 1.5 meters away from a 5 diopter prism, how much is the...
If the object is 1.5 meters away from a 5 diopter prism, how much is the image deviated?...
2 answers
How do I write 7x-y=3 in slope-intercept form?
How do I write 7x-y=3 in slope-intercept form?...
1 answer
Q1: How and when General FOH are recorded and allocated in departments. Q2: Which documents are...
Q1: How and when General FOH are recorded and allocated in departments. Q2: Which documents are used in recording the Actual FOH? Explain them all briefly....
1 answer
How do you write a problem that can be solved using proportions. Write the proportion and solve the problem?
How do you write a problem that can be solved using proportions. Write the proportion and solve the problem?...
1 answer
OD. Sentence fragment Reset Selection Mark for Review What's This? Question 12 of 50 2 Points...
OD. Sentence fragment Reset Selection Mark for Review What's This? Question 12 of 50 2 Points Fill in the blank space with the correct verb Sarah, as well as her two karate instructors, (is / are) very disciplined. Mark for Review What's This? 2 Points Question 13 of 50 fill in the blank spa...
1 answer
Mass of NiCl2 in 5 mL saturated solution = 2.73 g Solubility (g/L) of NiCl2 =...
Mass of NiCl2 in 5 mL saturated solution = 2.73 g Solubility (g/L) of NiCl2 = 546 g/L Molar solubility of NiCl2 = 4.44 M [Ni2+] = 4.44 M [Cl-] = 8.88 M Ksp for NiCl2 = 350.1 Why is it reasonable that the Ksp of NiCl2 should be so high?...
1 answer
Please help me create this excel sheet. thank you. this is all that the teacher provided...
please help me create this excel sheet. thank you. this is all that the teacher provided she would like us to answer in excel. Sheet 1: Name sheet Budget 2020. Create a 2020 Budget for yourself. It should include the following: Income, Total Income, Expenses (can include mortgage, electricity,...
1 answer
Consider the following two code segments: oldAverage 197.4 totalScore-0 for index in range 3: sco...
Consider the following two code segments: oldAverage 197.4 totalScore-0 for index in range 3: score-input("Enter Alex's game {0} score: ".format( İndex + 1 )) totalScore-totalScore +score newAverage totalScore/3 difference newAverage oldAverage oldAverage 165.1 totalScore = 0 for in...
1 answer
Express the result of the following calculation to the proper number of significant figures: (50.19) -...
Express the result of the following calculation to the proper number of significant figures: (50.19) - (796x 10-4) = 50.110 50. 50.11...
1 answer
Exercise 11-4 (Video) Monte Services, Inc. is trying to establish the standard labor cost of a...
Exercise 11-4 (Video) Monte Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been collected from time and motion studies conducted over the past month Shours $10 Actualtime spent on the brake repairs Hourly wage rate Payroll taxes Setup...
1 answer
I'm having a hard time solving B. help would be appreciated! thanks 10A-7 10A CHEMICAL EQUATIONS: ENERGY RELATIONSHI...
I'm having a hard time solving B. help would be appreciated! thanks 10A-7 10A CHEMICAL EQUATIONS: ENERGY RELATIONSHIPS NAME 1315 Section Pre-Lab Assignment NOTE: The data used here are for illustrative purposes. The data you obtain will be different. A DETERMINATION OF CALORIMETER CONSTANT HCl(a...
1 answer
This is a Mechanics of Materials (Deformable Bodies) question. Technical report (80 Points) A bar with...
This is a Mechanics of Materials (Deformable Bodies) question. Technical report (80 Points) A bar with one end being fixed is subject to force F 10KN. The entire length of the bar is 1 m The distance from the place where F is applied to the fixed end is 0.6 m. Initially, there is a gap A between the...
1 answer
Given #log_b 2= 0.3562#, #log_b 3=0.5646#, and #log_b 5=0.8271#, how do you evaluate #log_b15#?
Given #log_b 2= 0.3562#, #log_b 3=0.5646#, and #log_b 5=0.8271#, how do you evaluate #log_b15#?...