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Some companies employ people who, for whatever reason, either are unable to set up personal bank accounts or do not choose to In these cases, they must take their paychecks to a check-cashing service, which charges them a high fee to convert the check into cash Not only is it expensive, but the check-cashing service can have a long approval process Also, employees will be carrying large amounts of cash just after cashing their checks, which increases their risk of theft They also run the risk of losing their paychecks prior to cashing them Thus, the lack of a bank account poses serious problems for a company s employees A good solution to this problem is to set up a Visa debit card, called the Visa Paycard, for any employees requesting one, and then shift payroll funds directly into the card This allows employees to pull any amount of cash they need from an ATM, rather than the entire amount at one time from a check-cashing service The card can also be used like a credit card, so that there is little need to make purchases with cash Further, the fee to convert to cash at an ATM is much lower than the fee charged by a check-cashing service There is also less risk of theft through the card, since it is protected by a personal identification number (PIN) Employees will also receive a monthly statement showing their account activity, which they can use to get a better idea of their spending habits Using this card can be difficult for anyone who speaks English as a second language, or who cannot understand ATM instructions However, Visa offers multilingual customer service personnel, which reduces the severity of this problem The Paycard has only recently been rolled out by Visa and is only available through a few banks One must contact the company s bank to see if it has this op-.



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Has(administrator, right(LogOnAsRoot, RightsNotRevoked))

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Well designed sites can help candidates make sensible decisions about whether they are quali ed to apply and therefore increase the average suitability of the pool that go on to submit an application Candidate management and tracking are key features of Internet-based recruitment systems These allow both candidates and hiring managers to know where a person is in the process and what their status is People no longer have to post off an application form and then wait for weeks for a possible reply The key to making best use of the Internet for recruitment lies in using the new technology to apply valid objective assessment techniques to the initial sift process Despite the fact the majority of large organisations now recruit over the Internet, most of them sift on the basis of purely demographic criteria and simple checks on relevant experience (Stanton & Rogelberg, 2001) What is

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his chapter* discusses the three types of costs incurred by any organization direct materials, overhead, and direct labor Historically, the largest of these three types of cost was either direct materials or labor necessitating the creation of elaborate tracking mechanisms for these two cost categories, while overhead costs were largely ignored However, with the advent of technology, the cost of overhead has skyrocketed while direct labor costs have shrunk As a result, much of the accounting literature has advocated the complete elimination of direct labor cost tracking on the grounds that the tracking mechanism is too expensive in relation to the amount of direct labor cost currently incurred In reality, a company s specific circumstances may still require the use of detailed direct labor tracking This is certainly the case if the proportion of direct labor to total company costs remains high, such as 30 percent or more of total company costs Given this large percentage, it is crucial that management know what variances are being incurred and how to reduce them Another case is when a company is located in such a competitive industry that shifts in costs of as little as one percent will have a drastic impact on overall profitability Finally, the decision to use a detailed labor tracking mechanism can be driven less by the total direct labor cost and more by the level of efficiency of the tracking system For example, if a company s data-tracking costs bear the relationship to the proportions of total company costs that is noted in Exhibit 21, then there is a strong need to reduce the labor tracking system In the exhibit, the cost of direct labor is very low while the cost of collecting all associated data is much higher than the combined tracking costs for the other two cost types The proportions shown here are quite common If this is true for a given company, then the data tracking system for direct labor is probably not worth the cost of administration However, if this data-tracking system can be made more efficient, perhaps with the data collection methods noted in the next.

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This policy states that administrators are allowed to log on as long as their rights have not been revoked The Rei language has additional constructs for de ning actions, delegating rights, making requests, canceling requests, and revoking rights The details of the Rei language are described in [107] 62314 Policy Description Language The Policy Description Language (PDL) was developed by Lucent [109] with a focus on network management PDL was implemented in Lucent s softswitch product for handling voiceover IP calls, but is general and applies to other applications Policies in PDL are de ned as event condition action rules and therefore belong to the third category of policy languages discussed earlier In PDL, policies are a collection of propositions of two types: policy rules and policy-de ned events These two types of propositions are de ned below 1 Policy rules are statements with the following format:

* This chapter is derived with permission from 5 of Bragg, Cost Accounting (Hoboken, NJ: John Wiley & Sons, 2001)

Data Tracking Costs by Cost Type Proportion of Total Tracking Costs 15% 65% 20% 100%

more, in a large number of cases they do this by printing out an applicant s CV or resume, and then carrying out a traditional paper sift!

Proportion of Total Costs 40% 10% 50% 100%

This type of proposition speci es that, when a speci c event occurs, a speci c action is triggered by the policy management system if a speci c condition is true

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