Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 05 Jun 2017 My Price 15.00

companies face budgetary challenges on a continual basis

Today, many companies face budgetary challenges on a continual basis. Two critical aspects that businesses lack are effective control practices and monitoring. You have been asked by your manager of the Money Cares Investment Corporation, to outline problematic or risk areas in the company’s financial procedures. Upon reviewing the budget, you notice that there is overspending in marketing supplies, transportation, and workshop items that include hospitality items such as food and drink for the customers. Each investment specialist is given a company credit card for the above expenses but there are no policies established for monitoring. Money Cares is a small business of 8 employees: CEO, Financier, a manager, 3 investment specialists, and 2 clerical assistants.

For this assignment you must identify possible risks for the Money Cares Investment Corporation. In establishing an investment company, you must answer the following

  • What could go wrong?
    • Identify at least 3 possible risks.
  • What must happen in order for the company to succeed?
  • What are the company’s most vulnerable areas?
  • Identify the company’s assets
  • Where is the most money spent?
  • How should the budget activities be regulated?

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Jun 2017 07:06 PM My Price 15.00

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