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1 year ago

Which one of the following is not a primary component of an internal control system?

Business

1 answer:

Bond [772]1 year ago

5 0

The following is not a primary component of an internal control system Control environment .

The primary cause of inner controls is to assist safeguard an corporation and further its objectives. internal controls characteristic to limit risks and shield property, make certain accuracy of facts, sell operational efficiency, and inspire adherence to policies, rules, regulations, and legal guidelines.

Internal controls are techniques designed to help guard an enterprise and limit danger to its objectives. inner controls decrease risks and guard belongings, ensure accuracy of statistics, sell operational performance, and encourage adherence to policies, policies, policies, and laws.

Determining whether a specific internal manage machine is effective is a judgement because of an assessment of whether the five additives - manage surroundings, risk assessment, manage sports, information and communique, and tracking - are present and functioning.

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Answer:

Explanation:

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3 years ago

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Answer:

Letter B is correct. Will be reduced.

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3 years ago

What does it mean to trust intent to avoid conflict

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3 years ago

Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 1 6,000 Mater

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Zoe Corporation

Statement of Cost of Good Manufactured For the Month Ended March 31

Work in Process Inventory 22,000

Direct Materials:

Materials inventory, March 1 6,000

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Less Materials inventory, March 31 ( 8,000)

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152,000

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3 years ago

If the government increases the excise tax on a gallon of gasoline we can expect the supply curve to shift rightward, quantity d

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If the government raises the excise tax of the product then supply curve tends to shift leftwards. Therefore, The above statement is false.

<h3>What is Supply Curve?</h3>

The supply curve refers to the graphical representation of the supply and the prices of the commodity. It tells how the supply of the commodity affects the prices of the product.

The complete question is attached below.

According to the above situation, when government increases the taxes of the gallon of gasoline then the supply curve will shift leftwards as the supply decreases.

It will lead to the increment in the level of the prices as the demand of the product will fall. Therefore, the above statement is false.

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2 years ago