Answer:
<u>the idea goes against the company policy</u>
Explanation:
It is usually called an unethical work practice when an employee does not follow strictly the directions of his employer or tries to employ tricks when doing so.
<em>A suggestion could be </em>that the employee add a number or symbol to make the password more secure.
Answer:
Since the account's balance is $0, Idler should not continue to use the equity method to report their investment in Cowl Corp. E.g. Idler has 50% of Cowl, but 50% of $0 is still $0. Only if Cowl continues to operate and starts making a profit, should Idler again start including that investment in their balance sheet using the equity method.
Answer:
Control environment
Explanation:
COSO model defines internal control as a process put in place by directors and management to ensure reasonable assurance of of strategic goals by aiming at effectiveness , efficiency and economic value of operations.
COSO's five components are control environment , risk assessment , control activities , information and communication and monitoring.
Of these components , control environment takes care of integrity and ethical values that addresses corruption practices in a business environment.
Tracing transactions through the information system relevant to financial reporting.
Financial reporting is the process of documenting and speaking monetary activities and performance over particular time intervals, usually on a quarterly or every year basis. corporations use monetary reports to prepare accounting data and document on contemporary economic status.
Financial reporting includes the subsequent: external economic statements (earnings announcement, statement of comprehensive earnings, balance sheet, declaration of coins flows, and declaration of stockholders' equity) The notes to the financial statements.
Financial reporting is crucial for management to make informed business decisions primarily based on information of the company's financial health. potential investors and banks may also use your enterprise's financial reporting to decide if they need to make investments or loan you money.
Learn more about Financial reporting here: brainly.com/question/28065899
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1. False, a debit card charges your checking account while a credit card is a loan from the bank.
2. True, they are both ways of quickly purchasing an item.
3. True, a debit takes from the checking.
4. False, the debit card would be rejected unless your account uses overdrafting.
5. False, a credit card a securing a loan.
6. False, a debit card can withdraw cash from an ATM as well as quickly purchase items from almost any store.
7. True, debit cards are linked directly to the bank and its less hassle than a check. A check requires the business to contact the bank for the information before the check is accepted or denied.
8. True, a thief can use the debit card without proof of identity. In some instances they would need to provide your PIN but in most circumstances they can purchase items under the debit cards name.
9. True, keeping keep of spending is important if you have a debit card. If you don't keep track of your spending you wont know when that card will be rejected.
Hope this helped with finances!
