Unit 6 Discussion: The elements of internal control are very important in business due to the passage of the Sarbanes Oxley Act. Internal controls involve protection of a company’s assets. In this Discussion, you will look at cash controls, bank reconciliations, and special cash funds. This week’s Discussion focuses on Activity 5-3 located on page 209 of your textbook, which reads as follows: The following is an excerpt from a conversation between the store manager of La Food Grocery Stores, Amy Locke, and Steve Meyer, president of LaFood Grocery Stores. Steve: Amy, I’m concerned about this new scanning system. Amy: What’s the problem? Steve: Well, how do we know the clerks are ringing up all the merchandise? Amy: That’s one of the strong points about the system. The scanner automatically rings up each item, based on its bar code. We update the prices daily, so we’re sure that the sale is rung up for the right price. Steve: That’s not my concern. What keeps a clerk from pretending to scan items and then simply not charging his friends? If his friends were buying 10-15 items, it would be easy for the clerk to pass through several items with his finger over the bar code or just pass the merchandise through the scanner with the wrong side showing. It would look normal for anyone observing. In the old days, we at least could hear the cash register ringing up each sale. Amy: I see your point. Suggest ways that La Food Grocery Stores could prevent or detect the theft of merchandise as described.

Your firm is interested in learning more about how its salaries relate to its employees’ tenure with the firm. It has collected the following data for 25 of its employees.EMPLOYEE NUMBERTENURE (YEARS)SALARY ($)11553,90823278,23031455,16442057,64752563,11161454,99172874,57183073,18992871,859101755,978111461,67612644,865132164,676141159,101151458,441163281,964172976,373183382,860192770,019201658,474212680,07422345,594231463,67624968,444251470,306 Plot these data points, and describe using regression how salary relates to firm tenure for this group.

Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.As you seek information from the community on any observations or critical information that they may have on this missing child investigation, you are assigned to conduct interviews with a special population person (e.g., child, disabled, or elderly). In this case, the neighborhood children who left for school during the morning are your focus. Discuss the following:What is your plan for this assignment?What are some of the pitfalls to be aware of when interviewing children?How will you protect your actions for later testimony at trial?APA Format for references. The missing child is a girl.