All categories

2 years ago

The framework to be used by management in its internal control assessment under requirements of sox is the:_________

1 answer:

7 0

The framework to be used by management in its internal control assessment under requirements of sox is the COSO internal framework.

COSO enterprise risk management framework, COBIT framework. Hence, correct option is D, i.e., all of the above are correct.

The COSO framework is a system used to establish internal controls to be integrated into business processes. It make sure that the organisation is transparent, reasonable, fair and operating ethically. And COBIT stands for Control Objectives for Information and Related Technologies, it is a framework created by ISACA to bridge the crucial gap between technical issues, business risks and control requirements.

The question is incomplete , complete question is

The framework could be used by management in its internal control assessment under requirements of SOX is the:

A) COSO internal framework.

B) COSO enterprise risk management framework.

C) COBIT framework.

D) All of the above are correct.

To know more about different frameworks, click here brainly.com/question/26965722

#SPJ4

You might be interested in

Let's take a look at precipitation over the course of a year in High Springs ( a small town north of Gainesville, near the Sante

jeyben [28]

Answer:

- The medians for the summer months of June, July, August, and September are higher than for the other months.

Explanation:

The statement prescribing 'the medians within the months of summer June, July, August, and September are higher in comparison for the other months' correctly describes the halfway for the boxplots. This displays that the precipitation during these months due were higher due to the high temperature and intense water cycle.

5 0

4 years ago

Shondee Corporation uses the lower of cost or market and FIFO inventory methods. At the end of 2018, the FIFO cost of the ending

Assoli18 [71]

Answer:

reported as income for all three years is $7,000

Explanation:

given data

cost of the ending inventory = $181,000

market value inventory = $160,000

to find out

Shondee Corporation must add income

solution

we get here Income per year that is

Income per year = (Value under FIFO Method - Value Under Cost Method ) ÷ Number of year ..............................1

put here value we get

Income per year = $\frac{181000 - 160000}{3}$

Income per year = $\frac{21000}{3}$

Income per year = $7000

so reported as income for all three years is $7,000

8 0

4 years ago

A group of students organizing a protest march would be an instance of ________ speech.

Vadim26 [7]

Answer:

C) unprotected

Explanation:

Unprotected explains that when an individual is not feeling safe and want to be stay from the harm or injury by another person.

Therefore according to the given situation, a group of students conduct a march for protest for the purpose of unprotected speech so that everyone should aware about their safety.

So, as per the above explanation the correct answer is c.

4 0

3 years ago

A company pays $35,000 per period to rent a small building that has 12,000 square feet of space. This cost is allocated to the c

Alexus [3.1K]

Answer: $7,000

Explanation:

As the question says, a total of $35,000 is paid for 12,000 square feet of space and that the rent is apportioned on the basis of space.

Department One occupies 2,400 square feet of that space.

Calculating the proportion it occupies is,

= 2,400/12,000

= 20%

Since it occupied 20% of the total space then it should be charged 20% of the rent bill.

= 20% * 35,000

= $7,000

Department One should be charged rent expense for the period of $7,000.

6 0

3 years ago

Who is called a risk taker in the economy?

Veseljchak [2.6K]

Answer:

Entrepreneur

Explanation:

Because They take a risk by starting a business

4 0

3 years ago