1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeka57 [31]
1 year ago
6

the board of directors of kate's company recently hired an independent firm to review the state of the organization's security c

ontrols and certify those results to the board. what term best describes this engagement?
Business
1 answer:
lesya [120]1 year ago
7 0

<u>Audit</u> best describes this Engagement

  • A physical inventory check is followed by an auditor's review or inspection of various books of accounts to ensure that all departments are using the same documented procedure of documenting transactions. It's done to make sure the organization's financial accounts are accurate.
<h3><u>What does an audit have as its goal?</u></h3>
  • The goal of an audit is to make a conclusion regarding the financial statements' fairness and conformance to relevant accounting rules.
  • Payrolls, management accounts, bank statements, invoices, and receipts are a few examples of auditing proof..
  • Good auditing evidence must be ample, trustworthy, supplied from the right source, and pertinent to the audit at hand.

To Learn more Audit, Click the links.

brainly.com/question/14652228

brainly.com/question/22961626

#SPJ4

You might be interested in
A company collected $10,000 cash from a customer as a deposit for goods that will be shipped next quarter.
Sholpan [36]

Answer:

(A) Total assets,

(C) Cash from operations and

(D) Total liabilities

Explanation:

A company collecting $10,000 cash from a customer as a deposit for goods that will be shipped next quarter is an example of an unearned revenue. It is receiving money from the customer in advance for the good or service yet to be provided.

And this is considered as a liability and recorded in the balance sheet as such because the company now owes the customer.

When the good or service is now provided, it increases the total assets.

8 0
3 years ago
Read 2 more answers
_______ is the practice of sharing with employees at all levels of an organization vital information previously meant for manage
Elan Coil [88]

Open book management is the practice of sharing with employees at all levels of an organization vital information previously meant for management's eyes only.

Open book management (OBM) is defined as empowering every employee of an organization with required knowledge about the processes, adequate training and powers to make better decisions which would help them in running a business.

Open-book management is underlined by the theory that workers are more motivated and productive when they are treated as business partners – who traditionally have access to financial data – rather than employees. Open-book management nearly always improves near-term financial results. OBM is that it makes a company stronger over the long haul.

To learn more about Open book Management click below

brainly.com/question/24280270

#SPJ4

5 0
1 year ago
Elise works in New York and developed a geothermal project that was opening in Atlanta. She noticed the project is due next week
Tatiana [17]

Answer: stress management and willingness to travel

Explanation:

Based on the scenario described in the question, Option A and C are both wrong as she doesn't need mechanical knowledge. Mechanical knowledge has to do with one's ability to be able to understand and use tools. She also doesn't need customer service as she isn't attending to customers or anyone.

Since she had to quickly go to Atlanta to put the finishing touches on the project, what she needs is her ability to manage stress and also her willingness to travel.

5 0
2 years ago
Read 2 more answers
Cause and Effect. Appointed people for their abilities,not for their class. What is the effect?
sergiy2304 [10]
People going on strikes and boy cotting.

Hope this helps
8 0
3 years ago
increaingly good leaders seek to transfer some of their authority to subordinates through a process known
ipn [44]
Increasingly good leaders seek to transfer some of their authority to subordinates through a process known DELEGATION.
6 0
3 years ago
Other questions:
  • After preparing the firm's trial balance, cole's accounting staff notices that the total of the debit column is $52,500, while t
    7·1 answer
  • You go to an all-you-can-eat buffet. if you maximize utility, the marginal utility of the last bite that you eat will be:
    8·1 answer
  • Lila believes the global climate is changing. every​ storm, every volcano​ eruption, every earthquake​ is, in her​ mind, evidenc
    8·1 answer
  • An executive who prioritizes the organization's mission and the needs and goals of subordinates, rather than ego gratification a
    5·2 answers
  • The Denver Broncos hold a big pre-season football ticket blitz and sell $2.4 million worth of tickets for cash for the upcoming
    14·2 answers
  • Month Income Price Coke Price Pepsi Q^D Coke Q^D Pepsi
    11·1 answer
  • Campbell Transport Company divides its operations into four divisions. A recent income statement for its West Division follows.
    6·1 answer
  • Which resource management activity establishes common definitions for capabilities of personnel, equipment, teams, supplies, and
    9·1 answer
  • f a company is considering the purchase of a parcel of land that was acquired by the seller for $85,000, is offered for sale at
    13·1 answer
  • There are a couple of questions in this:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!