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andrew11 [14]
1 year ago
7

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 <u>Control environment .</u>

<u />

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.

Learn more about Internal controls here

brainly.com/question/26398073

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Outsourcing and telecommuting are examples of which workplace trend?
seraphim [82]
<h2>Answer</h2>

Technology

<h3>Explanation</h3>

Outsourcing and telecommuting are the trends related to presence of growing technology within the economy allowing various services to be outsourced to people who are more of an expert when it comes to handling those procedures. Overall, these trends are mainstream nowadays and allow businesses to succeed in an articulate manner together with allowing tertiary industry to thrive

3 0
4 years ago
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Gary, a new salesperson for a reputed cellphone manufacturer, meets the owner of a transport company that employs 50,000 people
qaws [65]

Answer:

Option B. It is unrealistic

Explanation:

The reason is that the people have different likes which means we will never see 100 percent acceptance from the customers which might in the way of rejecting the offer of Gary. So the assumption that 50,000 cab drivers will purchase its product is truly optimistic which in other words is unrealistic assumption. So the option B is correct.

Option A is incorrect because the assumption is less qualitative as it doesn't relies on realistic assumption.

The cab drivers sales are relevant here but the sales assumption was unrealistic (Highly optimistic assumption) so the option C and D are incorrect.

Option E is also incorrect because the sales to cab drivers can be measure by initially directly selling 1000 cell phone to 1000 cab drivers which will give an actual idea of sales units expected, which means it is measurable.

6 0
3 years ago
Disruptive innovations are more likely to come from large companies with extensive resources.
qaws [65]

Answer:

a. True

Explanation:

  • A disruptive innovation that is an innovation that is created by a new market and a value networks and eventually destroys a new market and established a market-leading firm.
  • It overtakes an existing market and are tended to be produced for the outsiders and entrepreneurs and startups and rather than the existing market companies and are a set of complex systems.
5 0
3 years ago
The journal entry to record direct labor used in process costing is a(n):___________
Degger [83]

Answer:

b. increase in assets and an increase in liabilities.

Explanation:

The journal entry to record the direct labor cost used is shown below:

Work in process Dr

   To wages payable

(Being the direct labor cost used is recorded)

Here the work in process is debited as it increased the assets and credited the wages payable as it also increased the liabilities

3 0
3 years ago
In which situation would a certificate of deposit (CD) be the best banking choice
anzhelika [568]

A certificate of deposit (CD) would be the best banking choice when the interest rate is determined ahead of time and there is an assurance to get back what you put in plus interest once the CD matures.  If you leave the money alone during the investment period then the bank will pay you an interest rate slightly higher than what you would have earned in a money market or checking account. Thus, all gains from certificate of deposits are taxable as income unless they are in a tax-deferred (IRA) r tax-free (Roth IRA) account. 

3 0
3 years ago
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