Every year, Jessica Gomez, CEO of Logan Construction Company, takes a two week vacation to Barbados and signs multiple blank checks to pay for any major bills that come due while she is away. Jessica's vacation occurs towards the end of Logan's fiscal year. Carl Johnson, controller for the company, uses this practice for his gain. He identifies a very large invoice from a vendor, makes out a check to himself for that amount, and records it as a payment to the vendor for acquisition of supplies. He holds the check for several weeks to ensure the auditors will not review the canceled check. Not long after the first of the year, Johnson resubmits the invoice to Gomez for approval and records the check in the cash disbursements journal. Johnson then marks the invoice as paid and files away with other paid invoices. Johnson has been performing this activity many years and believes he has no risk of getting caught.Required:There are so many opportunities for improvement in the internal controls in this scenario. With an unlimited amount of funds, many people, and an unlimited time frame, a company could virtually eliminate all control risk. Practically speaking, though, that is not feasible for 95%+ of all companies. Small companies like Logan Construction especially struggle with control risk in the areas of acquisition and financing because they operate with minimal staffing, restrictive budgets, and a remote workforce.If you were consulting with Logan Construction on internal control improvement opportunities, provide two short term suggestions for controls improvement, and one long term suggestion that the company might need to plan for financially or technologically.

After reading "Sampling Frame" from our textbook in chapter 14 and looking at peer reveiw journals, discuss the following questions: What is sampling frame? What are the differences between sampling frame and population? Use business examples to support your statements. Challenge your classmates or extend their posts. thankssee for classmate feedbacks1.            A sample frame is a list of elements in the population from which the sample is actually drawn.  According to Cooper & Schindler (2014) sampling frames are closely related to the population.  It is best if the sampling frame only includes the population members only but it should be complete and accurate.  Sampling frames can also be known as a survey frame.  For example if a particular sample is made up of all random units then each of the included unites will have an equal chance of being drawn upon and an equal chance of occurring (Improving Health in Slums Collaborative, 2019).  An example of how sampling frames can be uses in business is for market research.  If a business has a collection of customers their research department can pull customer names from that database of those who they believe would take part in collecting additional data.            The word population is very general.  Within the research realm there are many different types of populations.  According to Cooper & Schindler (2014) the general definition of population includes the elements in which an individual wishes to make a particular inference.  There is also the population element which includes the individual participants or object on which a measurement is taken.  The population element can be expressed as a unit in the sample.  The population parameter is a descriptor that summarizes particular variables that are of interest to the researcher (Qader et al, 2020).  The sample frame is essentially the box that holds the population (whatever is being studied or sampled from) in one place for easy choosing.ReferencesCooper, D. R. & Schindler P. S. (2014).  Business Research Methods, 12th ed.  McGraw-Hill/ Irwin.  New York, NYImproving Health in Slums Collaborative (2019).  A protocol for a multi-site, spatially-referenced household survey in slum settings: methods for access, sampling frame construction, sampling, and field data collection.  BMC Medical Research Methodology, 19.  https://0634jatn0-mp03-y-https-www-proquest-com.prx-keiser.lirn.net/central/docview/2242943210/3D805EEA1BCF4724PQ/1?accountid=35796Qader, S. H., Lefebvre, V., Tatem, A. J., Pape, U. & Warren, J. et al. (2020).  Using gridded population and quadtree sampling units to support survey sample design in low-income settings.  International Journal of Health Geographics, 19.  https://0634jatn0-mp03-y-https-www-proquest-com.pr...2.A sampling frame is a list of all the items in your population. It's a complete list of everyone or everything you want to study. Sampling frame is the actual set of units from which a sample has been drawn: in the case of a simple random sample, all units from the sampling frame have an equal chance to be drawn and to occur in the sample. In the ideal case, the sampling frame should coincide with the population of interest. When developing a research study, one of the first things that you need to do is clarify all of the units that you are interested in studying. Units could be people, organizations, or existing documents. In research, these units make up the population of interest. When defining the population, it's really important to be as specific as possible.A sampling frame is a list of all the items in your population. It's a complete list of everyone or everything you want to study. Sampling frame (synonyms: "sample frame", "survey frame") is the actual set of units from which a sample has been drawn: in the case of a simple random sample, all units from the sampling frame have an equal chance to be drawn and to occur in the sample. In the ideal case, the sampling frame should coincide with the population of interest. When developing a research study, one of the first things that you need to do is clarify all of the units (also referred to as cases) that you are interested in studying. Units could be people, organizations, or existing documents. In research, these units make up the population of interest. When defining the population, it's really important to be as specific as possible.The problem is it's not always possible or feasible to study every unit in a population. For example, you might be interested in American college students' attitudes about owning houses. It would obviously be too time-consuming and costly to collect information from every college student in the United States. In cases like these, you can study a portion or subset of the population called a sample. The process of selecting a sample needs to be deliberate, and there are various sampling techniques that you can use depending upon the purpose of the research.Prior to selecting a sample, you need to define a sampling frame, which is a list of all the units of the population of interest. You can only apply your research findings to the population defined by the sampling frame. An ideal sampling frame will have the following qualities:- All units have a logical, numerical identifier.- All units can be found -their contact information, map location, other relevant information is present.- The frame is organized in a logical, systematic fashion.- The frame has additional information about the units that allow the use of more advanced sampling frames.- Every element of the population of interest is present in the frame.- Every element of the population is present only once in the frame.- No elements from outside the population of interest are present in the frame- The data is 'up-to-date'.The difference between a population and a sampling frame is that the population is general and the frame is specific. The population is what you are trying to measure and the sampling frame is the group of individuals who you are trying to sample from. You may not be able to capture all purchasers through people who have email because there are plenty of people who don't have an email, but you can get close.ReferencesCooper, D. R., & Schindler, P. S. (2014). Business research methods. Boston: Irwin/McGraw-Hill.