The framework could be used by management in its internal control assessment under requirements of SOX is the COSO internal framework.
The COSO Framework is a device used to establish internal controls to be included into business processes. collectively, these controls provide reasonable warranty that the organization is operating ethically, transparently and according with mounted enterprise requirements.The overarching purpose of a COSO Framework is to enhance and enhance organizational performance and oversight, as well as decreasing the quantity of the hazard of fraud.
The 5 components of COSO: C.R.I.M.E. The five components of COSO – control environment, risk evaluation, records and conversation, monitoring sports, and existing control activities – are often referred to through the acronym C.R.I.M.E.
An internal manipulate framework is a structured manual that organizes and categorizes expected controls or manipulate topics. some businesses layout control frameworks for popular functions just like the COSO internal manipulate framework, whilst others are extra specific consisting of the COBIT IT control framework.
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The answer is "token economy".
A token economy is an arrangement of possibility of administration in light of the methodical fortification of target conduct. The reinforcers are images or "tokens" that can be traded for different reinforcers. Marbles are being utilized as tokens that would then be able to exchanged for a coveted protest—the computer game.
You have been living your whole life on a planet. Planets make up solar systems, solar systems make up galaxies, and galaxies make up universes which make up all of existence in space.
Answer:
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
Explanation:
Three friends decide that they each want to be able to buy a new boat in five years. Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%. Keir invests $1,200 in a standard savers account with a simple interest rate of 4%. Omar invests $950 in a junior achievers account with a 6% annual compound interest rate. Who will have the most money to spend on a new boat at the end of the five years?
Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%.
Vanore:
I = p * r * t
= 1000 * 0.045 * 5
= $225
I = $225
After 5 years, Vanore will have $1000 + $225
= $1225
Keir invests $1,200 in a standard savers account with a simple interest rate of 4%
Keir:
I = p * r * t
= 1200 * 0.04 * 5
= 240
I = $240
After 5 years, Keir will have $1200 + $240
= $1,440
Omar invests $950 in a junior achievers account with a 6% annual compound interest rate.
Omar:
A = P (1 + r)^t
= 950(1 +0.06)^5
= 950(1.06)^5
= 950(1.3382)
= 1271.1
A = $1,271.1
After 5 years, Omar will have $1,271.1
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
An epigraph is a quotation placed at the beginning of a work or a chapter.<span>"Self-Reliance" was published in 1841 in a collection entitled Essays<span>. In 1844, Emerson published a second collection. The <span>essay urges readers to trust their own intuition and common sense rather than automatically following popular opinion </span></span></span>
The epigraphs to Emerson's essay "self-reliance" all somehow deal with independence and self-reliance.