Answer:
Is less severe than a material weakness
Explanation:
A significant deficiency refer to a single weakness or the weakness combination occurs in the internal control that are attached with the financial reporting. ALso it is less severe as compared with the material control weakness and yet it is enough for scrutiny for administering the financial reporting of an entity
So according to the given situation, the last option is correct
Answer:
Correct option is (c)
Explanation:
Before a business is about to start, a written proposal that states the mission vision, finance, marketing, operational goals and objectives. It also states the short term and long term plans and how they would be achieved.
A business plan help in seeking funds from banks or investors. It also helps companies in staying in track.
Answer:
I partially agree with the stament
Explanation:
Despite the economics establishes some theories based in people, companies and governments behavior, we can fine multiple examples where the situation is not totally adjusted to the theory. As an example, when we talk about the supply and demand theory, we suppose that if the price of a product rises, the demand is lower; even when this consumption may be true, there are people who buy this named product no matter the price rises.
We need to see the economist as a theory that defines most of the situations, in the same way it gives the general and specific lines for the development of the most efficient processes and behavior about a determined situation. We can use economics as a way to analyze a situation and take an action trying to have the best result.
Answer:
Sorry but I don't know what to make of this.
Explanation: