Here, the five elements include all of the following except- None of these choices are correct
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What are the five elements of internal control ?</u></h3>
Different internal control systems function with varying degrees of efficacy. A judgment on an internal control system's effectiveness is made after evaluating if each of the five components -
- Control Environment-The tone of an institution is defined by the control environment created by the organization's management, which also has an impact on the individuals who work there.
- Risk Assessment-Every entity must evaluate the many risks it confronts from both internal and external sources. Setting up objectives that are internally consistent and related at various levels is a prerequisite for risk assessment.
- Control Activities-The rules and practices that guarantee management directions are followed are known as control activities. They aid in ensuring that the required steps are made to address risks preventing the entity from achieving its goals.
- Information and Communication-Relevant information must be located, recorded, and disseminated in a way and at a pace that makes it possible for recipients to fulfill their duties. Effective communication must flow up, down, and throughout the company in a wide sense.
- Monitoring-Regular management and supervision tasks, as well as other actions staff members do while carrying out their jobs, constitute ongoing monitoring, which evaluates the effectiveness of internal control system performance.
To know more about the concept of internal control, refer to: brainly.com/question/15318839
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Two taxi companies scenario does not describe a competitive market, this is because the companies are just two, for a market to be competitive it must have numerous companies offering identical products. The pharmaceutical company scenario is not an example of a competitive company because it is the only one involve in the market and the product been market is just one, a competitive market normally involve many companies. The college and algebra companies scenario describe competitive market because there are many companies that offer basically identical services and the clients can choose from any one of them. The companies have to put in extra work to win customers for themselves.
The right answer for the question that is being asked and shown above is that: "The two cities are degrees apart in latitude." <span>The latitude value of Toronto is 43.70 degrees, and the longitude value is 79.40 degrees.</span>
Answer:
Carbon emissions regulations will benefit both the nation and the environment in the long run.
Explanation:
Reductions in carbon emissions will not be detrimental to a country and, not necessarily, will result in the dismissal of many workers and increase unemployment. This happens due to the lack of organization and management of the country and its industries and not because of the contribution to a less polluted and more sustainable environment that will guarantee our survival.
The reduction of carbon emissions is a necessity for the current state in which the planet is. We need to change our production habits and look for alternatives that are less polluting and that guarantee the stability of the planet. With that, we can say that carbon emissions regulations will benefit both the nation and the environment in the long run. In addition, companies gain competitive value by reducing carbon emissions, because many people who are aware of the environmental situation the planet is in, end up preferring to consume the products and services of these companies.