P3 Exam Dumps : Risk Management

Carry out inventory checks daily to make sure the correct quantity of materials is being used every day and the correct number of items are being produced

Employ two more managers to watch the staff working and look for them stealing items

Have a senior manager such as the Production Director to supervise the workshop at all times

Install-several CCTV cameras in the workshop

Perform random checks of staff bags as they leave work and ensure the staff all wear overalls provided by the company in the workshop Their own clothes must be left in lockers during working hours

SC is now a listed company and so the board should prioritise the interests of shareholders to the exclusion of other stakeholders.

A football club needs to be part of the community in which it exists and so the board should consider the other stakeholders.

The board should conclude that objectors to the new stadium have a legal course of action open to them and if they do not take legal action they should ignore them.

If the board of directors is seen as acknowledging its responsibility to stakeholders other than shareholders this will enhance the reputation of the club and it will be more likely that a compromise can be reached with objectors.

The board should share information about the new development with the local community only to the extent that it is legally obliged to do so.

D reviewed a sample of invoices for purchases of plant and equipment and found that C had not signed them C explained that she believed that those were authonsed by someone else although the accounts manual indicates that it was her responsibility

asked C a series of open-ended questions about the operation of the purchases system She did not mention anything about detailed checks of invoices against documents

D examined a sample of invoices to make sure that they had been signed by C AH had been signed

selected a sample of purchase invoices and compared each to the supporting documents that C is supposed to review Every one of D's invoices was supported by the related documents

D worked at a spare desk in the accounts department and quietly watched C without telling her She checked every invoice carefully while D was present