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neonofarm [45]
2 years ago
9

Differentiate perimeter controls from internal controls. Give examples. What controls constitute a defense in depth strategy? ex

plain. How are security controls tested and verified?
Business
1 answer:
Korolek [52]2 years ago
3 0

Internal controls are used to protect the assets of the company  internally, generally by preventing manipulation, false accounting or in general fraudulent activities of the employees.

Preventative controls are those controls which are  set in place to prevent overall fraudulent attempts or to minimize the chances of dishonest efforts from being happen in any organization.

Example is when the fraud is prevented when  two or more employees in a company are performing accounting tasks.

A layered approach of overall security including both the preventive as well as internal controls constitutes a defense in depth strategy.

Security controls are tested and verified through the defense in depth strategy.

To know more about internal controls here:

brainly.com/question/13678245

#SPJ4

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Types of imperfect competition
hoa [83]
  • Monopolistic competition: A situation in which many firms with slightly different products compete. Production costs are above what may be achieved by perfectly competitive firms, but society benefits from the product differentiation.
  • Monopoly: A firm with no competitors in its industry. A monopoly firm produces less output, has higher costs, and sells its output for a higher price than it would if constrained by competition. These negative outcomes usually generate government regulation.
  • Oligopoly: An industry with only a few firms. If they collude, they form a cartel to reduce output and drive up profits the way a monopoly does.
  • Duopoly: A special form of Oligopoly, with only two firms in an industry.
  • Monopsony: A market with a single buyer and many sellers.
  • Oligopsony: A market with a few buyers and many sellers.
3 0
3 years ago
Global ceos desire ___________ even more than profit growth, stimulating innovation, customer loyalty, and finding qualified emp
jekas [21]

Answer:

excellence in execution.

Explanation:

The excellence of management execution is a key feature for analyzing a company's long-term position. A global CEO should be aware of the importance that organizational success comes not just from a factor or periodic statement of profitability, but from a set of factors, such as personnel, financial and quality management that align the strategy in a way. effectively determine the organizational position in the market and vis-à-vis competitors.

5 0
3 years ago
A certificate of deposit offers a nominal interest rate of 3.5 percent annually.
Snezhnost [94]
I’m pretty sure the answer is c
4 0
3 years ago
Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satisfy warranties on its
timofeeve [1]

Answer:

Explanation:

The journal entry is shown below:

Income tax expense A/c Dr $30,035,000

       To Deferred tax asset A/c $35,000

       To Income tax payable A/c $30,000,000

(Being the income tax expense is recorded)

The computation is shown below:

For deferred tax asset:

= Deferred tax rate - Warrant liability × tax rate

= $435,000 - $1,000,000 × 40%

= $435,000 - $400,000

= $35,000

For income tax payable:

= Taxable income × tax rate

= $75,000,000 × 40%

= $30,000,000

3 0
3 years ago
A firm has determined its cost of each source of capital and its optimal capital structure which is comprised of the following s
barxatty [35]

Answer:

10.25%

Explanation:

Data provided in the question:

Long-term debt = 45%, after-tax cost = 7%

Preferred stock = 15%, after-tax cost = 10%

Common stock equity = 40%, after-tax cost = 14%

Now,

The  weighted average cost of capital for this firm will be calculated as:

= Long term debt × after-tax cost + Preferred stock × after-tax cost + Common stock equity × after-tax cost

or

= 0.45 × 0.07 + 0.15 × 0.10 + 0.40 × 0.14

or

= 0.0315 + 0.015 + 0.056

= 0.1025

or

= 0.1025 × 100%

= 10.25%

5 0
3 years ago
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