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Charra [1.4K]
3 years ago
10

Which of the following is not a basic principle of the COSO ERM framework?

Business
1 answer:
Gnom [1K]3 years ago
8 0

Answer:

The correct answer is letter "B": Companies are formed to create value for society.

Explanation:

The Committee of Sponsoring Organizations (<em>COSO</em>) is an international acknowledgment organism where basic risk regulating frameworks and accomplishment in organizational internal control matters are established. When it comes to Enterprise Risk Management (<em>ERM</em>) the committee proposes key principles and concepts for clear guidance.

Creating value for society is not included in one of the core objectives of the COSO ERM.

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Are the following movements or shifts along/of the demand curve:
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Answer:

Any movement which is caused by price will be along the demand curve and any other movement caused by non price factors will shift the demand curve.

1) A decrease in the number of consumers is a non price movement so the demand curve will shift leftwards because of it.

2) A change in taste of consumers making them desire more hot dogs is a non price movement and it will shift the demand curve to the right.

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Explanation:

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What is the best definition of profit?
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Answer:

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Explanation:

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The profit will be 25$ as shown below.

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Financial expense             (10)

Profit                                   25

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