Benchmark – Control PowerPoint Presentation

 

Create a 15-20 slide PowerPoint presentation (including speaker notes or audio notes) that illustrates internal controls in your environment (e.g., fire alarm). Identify 8-10 controls in your environment at work or home and address the following questions for each one:

  1. What is the risk? Provide a description.
  2. What is the risk rating?
  3. Is the control effective? How did you determine this? If it is not effective what would you do? Is your control preventative or detective?

Provide a visual (e.g., picture) for each control.

Include a title slide, references slide, and speaker notes or audio notes.

Refer to the resource, “Creating Effective PowerPoint Presentations,” located in the Student Success Center, for additional guidance on completing this assignment in the appropriate style.

While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center. 

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. 

You are not required to submit this assignment to LopesWrite.

Benchmark Information

This benchmark assignment assesses the following programmatic competencies:

BS Accounting – Public Accounting

1.4 Design and deliver persuasive business presentations.

Jacquelyn has selected a Payday Lender with fees above those offered to sub-prime borrowers approved for credit cards or other forms of unsecured lending. Once a month Jacquelyn visits a lender willing to offer her an advance on her paycheck. Jacqulyn insists this allows her to meet obligations, including rent and cost of prescriptions, that she would not be able to meet otherwise. Interest rates are compounded daily at a set percentage and, measured annually, may reach above 1,500%. Jacquelyn does not live in a state that caps interest rates. Jacquelyn has had numerous adverse credit events in the past, however her current lender’s fees and other conditions offer enough of a guarantee to allow this lender to extend necessary credit. Because of the high financing costs paid currently, in part, Jacquelyn’s credit is unlikely to improve in the short term. She has been unable to stay current on student loan repayments. Her income has not grown as expected and has been unstable. She has taken temporary positions to supplement her income and is still looking for work in her field Based upon this module’s required reading and the background information provided here, form an initial post covering the following four issues: Section 1 Based upon this module’s required reading, explain briefly how interest rates for borrowers, including high-interest borrowers like Jacquelyn, are determined. You might consider observations on p. 128 of our textbook. Section 2 Identify and analyze one benefit sub-prime borrowers like Jacquelyn or society receives from high-interest borrowing. Section 3 Recognizing that some states set interest rate maximums, identify and analyze one cost or negative effect that borrowers, including sub-prime borrowers like Jacquelyn, or society suffers as a result of high-interest borrowing. Section 4 Why might firms or commercial or non-profit entities, including municipalities or governments conceivably turn to high-interest borrowing? Section 5 Comment on limitations of lending to individuals and other entities with poor credit that you learned about in reflecting on sections 1-4.

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