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N76 [4]
4 years ago
14

1. ______control environment risk assessment control procedures monitoring information and communication.2. ______provides reaso

nable assurance that business goals will be achieved.3. ______identify, analyze and assess likeliness of vulnerabilities.4. ______used by management for guiding operations and ensuring compliance with requirements.5. ______used to locate weaknesses and improve controls.6. ______overall attitude of management and employees.
Business
1 answer:
Yuki888 [10]4 years ago
4 0

Answer:

  1. Five internal controls
  2. Control procedures.
  3. Risk Assestment.
  4. Information and communication.
  5. Monitoring.
  6. Control environment.

Explanation:

1. <u>Five internal</u> control environment risk assessment control procedures monitoring information and communication.2. <u>Control procedures</u> provides reasonable assurance that business goals will be achieved.3. <u>Risk assessment</u> identify, analyze and assess likeliness of vulnerabilities.4. <u>Information and communication</u> used by management for guiding operations and ensuring compliance with requirements.5. <u>Monitoring</u> used to locate weaknesses and improve controls.6. <u>Control environment</u> overall attitude of management and employees

There are five internal control management that help in controling and managing overall work environment.

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At the beginning of the year, Rangle Company expected to incur $59,000 of overhead costs in producing 5,900 units of product. Th
kaheart [24]

Answer: Total cost of the units made in January = $38,500

Explanation:

Given that,

At the beginning of the year, overhead costs = $59,000

Units produced at this cost = 5900 units

Direct material cost = $25 per unit

Direct labor cost = $35 per unit

Units produced during January = 550 units

Predetermined overhead rate = \frac{Total\ expected\ overhead\ cost}{Number\ of\ units}

= \frac{59000}{5900}

= $10 per unit

Now,

Costs incurred in January:

Direct material cost = $25 per unit × 550 units = $13750

Direct labor cost = $35 per unit × 550 units = $19250

Overhead cost = $10 per unit × 550 units = $5500

∴ Total cost of the units made in January = Direct material cost + Direct labor cost + Overhead cost

= 13750 + 19250 + 5500

= $38,500

4 0
3 years ago
Suppose that in 2014, currency in circulation was $950 billion, required reserves were $60 billion, and excess reserves were $84
Studentka2010 [4]

Answer: $1,850 billion

Explanation:

The following were given in the question:

Currency in circulation = $950 billion

Required reserves = $60 billion

Excess reserves = $840 billion

Open market operations = $70 billion

The monetary base will be the value of all the currency in circulation plus the reserves that is held by the banks and this will be:

= $950billion + $60billion + $840billion

= $1,850 billion

4 0
3 years ago
Clauss cutlery sells knives to the floral industry. These knives are designed to slice through foam blocks, cut wire, and perfor
Lapatulllka [165]

Clauss also sells a line of cutting tools to people in the woodworking industry for sawing and shaping wood cutouts. Clauss cutlery should use a customer sales organization.

Woodworkers set up, operate, and maintain all types of woodworking machinery, including saws, milling machines, drills, sanders, and wood clampers. Operators use equipment to cut and shape wooden parts, and use templates, vernier calipers, and rulers to check dimensions.

Carpentry is defined as cutting and joining wood to construct buildings and other structures. Woodworking is defined as carpentry, carpentry and related arts that make things out of wood.

Woodworking is an art that, when used correctly, can improve many aspects of your life. Many people are attracted to woodworking because of its usefulness and profitable business. Woodworking is a very reliable craft that has evolved into an interesting form of art and architecture.

Learn more about Woodworking brainly.com/question/2877105

#SPJ4

6 0
1 year ago
(LC)What is any specific instance of media whose goal is to influence its audience, and does so by selectively including informa
nexus9112 [7]

Answer:

Propaganda

Explanation:

Based on the information provided within the question it can be said that the term being mentioned is called Propaganda. This is information spread by the media in order to further their agenda or viewpoint. It is done so by pushing their position and presenting various carefully selected information to support their stance. This information may or may not be factual.

5 0
3 years ago
Ken Young and Kim Sherwood organized Reader Direct as a corporation; each contributed $55,000 cash to start the business and rec
Talja [164]

Answer:

The ending retained earning would be $2,400

Explanation:

For computing the ending retained earnings balance, we have to use the formula which is shown below:

Even in the question, the formula is given so we use it

Ending retained earnings = Beginning retained earnings + net income - dividend

Ending retained earnings = 0 + $6,000 - $3,600

In the question, the beginning retained earnings balance is not given so we assume zero balance

So, the ending retained earnings would be $2,400

7 0
3 years ago
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