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Statistical Process Control
What is the correct relationship of internal audit to senior management?
The correct relationship of internal audit to senior management is a supportive relationship. It is imperative that senior management makes it known, through is ways and actions, that it supports internal audit. One piece of evidence consists of senior management granting internal audit easy access to senior management and the audit committee. The process of senior management providing easy access for internal audit guarantees the correct relationship of internal audit to senior management.
How should conflict be managed? Is conflict inevitable?
Conflict is always inevitable between internal audit and senior management. When internal audit interact with senior management, there is always a potential for conflict. In fact, it is virtually impossible for people with diverse background skills and norms to work together; make decisions, and try to meet project...
Internal audit and senior management must come together and compromise anytime conflict arises. Evaluations must be made to manage conflict in order to see where improvements can be made to better the relationship between the two. Both groups must use conflict to their advantage to strengthen their cohesion. Conflict does not always lead to negative outcomes; instead, it can lead to beneficial outcomes for internal audit and senior management.
What types of relationships would compromise independence?
Relationships can compromise independence when the internal auditor does not report to the following groups: audit committee, board of directors, or the appropriate governing committee.
Was audit independence compromised in the WorldCom study?
In the WorldCom study, audit independence was compromised because the CAE did not follow protocol. The CAE were to report to the audit committee, board of directors, or…
c. Statement of the Problem i. AS9103 requirements Section 4.9.1 is a part of the AS9100 and AS9103 requirements that states that suppliers shall identify and plan installation, production as well as servicing process that affect the quality production .Under the requirements, suppliers are to achieve these objectives through specified process. Moreover, the AS9103 requirements provide a standard method to enhance a quality performance in the production and maintenance process with the
Applying Statistical Process Control Pharmaceutical Manufacturing The use of applied statistics in studying a pharmaceutical manufacturing process is examined in the work of Tiani (2004) reports that health care quality is critically important in society and the quality of health care is important to all individuals. It is important that treatment is given in an accurate manner and this is particularly true of medications given to patients as it is expected
Statistical Analysis Reported in Two Journal Articles Research endeavors, albeit it clinical, empirical, descriptive, historical, or case study oriented, must at all times adhere to the rigors of effective or best-fit research practice. Without stringent controls placed on the area of investigation no research endeavor will advance any body of knowledge. To this end all research must be finely tuned and described as to intent or purpose, phenomenon to be
One of the best examples of the use of statistical quality control in clerical operations is found in Aldens' Mail Order House in Chicago. Statistical quality control was begun at Aldens' early in 1945 by the installation of sample inspection and the control chart in one of the order-picking departments (Mercer, 2003). Within two months, the error ratio in this department fell from 3% to less than 1% while
Map of Prescription Filling at an HMO and SIPOC for Problem Analysis (Bertrand Filling prescriptions and the estimated time each activity takes consist of four steps in most pharmacies (Bertrand, 2012). The first is entering the prescription when received from two to 10 minutes. It may be longer according to the duration of the billing process and the ease or complicatedness of the prescription. The second is filling the medication,
Deutsche Allgemeinversicherung (DAV) Case Study Deutche Allegemeinversicherung Case Determine the primary advantages of DAV using Statistical Process Control (SPC). DAV has already pinpointed some area in operations and customer service that need attention. However, there are likely to be many more areas of weakness -- and areas of strength that DAV is not currently leveraging (McNamara, 2014). Establishing a single, integrated statistical process control (SPC) system can enable the company to target effort