Answer:
The first option is correct
Explanation:
So as to have a justifiable reason to issue a management report on internal control, based on Section 404(a) from the Sarbanes-Oxley Act of 2002, the following responsibilities are required from the Management:
• Create and maintain adequate internal control over financial reporting for the company
• Provide criteria for evaluators to assess the effectiveness of the company’s internal control over financial reporting
• Assess the effectiveness of the company’s internal control over financial reporting based on management’s evaluation of it, at year-end (i.e., a point-in-time assessment), including disclosure of any material weakness in the company’s internal control over financial reporting identified by management.
Therefore, to have a justifiable reason to issue a management report on internal control under Section 404(a) of the Sarbanes-Oxley Act of 2002, management must do everything, except "Establishing a system of internal controls containing no material weakness" as this was not stated under Section 404(a) of the Sarbanes-Oxley Act of 2002.
Hence first option is correct.
A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. "Provide special attention to your most important clients by adapting your services to their needs." is one initiative that could be planned and implemented to achieve this goal
This is further explained below.
<h3>What is one initiative that could be planned and implemented to achieve this goal?</h3>
Generally, A company's long-term objective is to dominate both its industry's price point and level of service.
Among the many strategies that may be developed and put into action to accomplish this would be to "provide your most valuable customers individualized service tailored to their specific requirements."
In conclusion, Strategic goals are the particular financial and non-financial objectives and achievements that a firm seeks to accomplish over the course of a specified period of time, often the next three to five years.
These goals may be broken down into two categories: financial and non-financial.
Read more about Strategic goals
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The gap of $1370 represents the amount of goods not yet delivered to the company. When a company purchases inventory, on the basis of the accrual principle in accounting, transactions are recorded as they occur even if the actual possession will take place eventually. In this case, the overall amount of merchandise bought is recorded in the company's books. After a physical count, we'll find out that the shrinkage represents stock that is yet to be delivered.
Answer:
B. a parallel learning structure.
Explanation:
By definition, a parallel learning structure is an informal structure in which different members collectively solve a problem. This group is made up of employees from various levels and functions within the organization who practice open communication outside of and parallel to the normal, hierarchical structure. ABC Corp. meets these criteria and therefore choice B would be the correct answer.
Answer:
0.18
Explanation:
Let P(E) = People who think Economy is a challenge = 0.46
P(W) = People who think finding qualified worker is a challenge = 0.37
P(W and E) = People who think both economy and finding worker is a problem = 0.15
P(E/W) = People who think economy is a problem given that finding worker is a challenge to growth as well = P(W and E)/ P(W) + P(E) = 0.15/0.46+0.37 = 0.18
