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Troyanec [42]
3 years ago
10

Which of the following best describe the interrelated components of internal control? Risk assessment process, backup facilities

, responsibility accounting, and natural laws. Assignment of authority and responsibility, management philosophy, and organizational structure. Organizational structure, management philosophy, and planning. Control environment; risk assessment process; control activities; the information system, including related business processes; and monitoring of controls.
Business
1 answer:
kvasek [131]3 years ago
6 0

Answer:

<em>Control environment; risk assessment process; control activities; the information system, including related business processes; and monitoring of controls.</em>

Explanation:

<em>From the following, the </em><em>OPTION which best illustrates the interrelated components </em><em>of internal control is </em><em>OPTION (C).</em>

Because as we know that interrelated components of internal control consists of co-ordination, as well as handling and controlling the system, taking illustration of the work and making of positive decisions.

So this is the reason OPTION (C) will be the answer, as it also consist all of the components which are present in interrelated components of internal control.

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Is the process of planning, scheduling, and then controlling the activities during system development?
bogdanovich [222]
This process is called project management it leads a team or group of people with this process to achieve a goal they want or need to meet but sometimes at a certain time. I hope this helps! 
8 0
4 years ago
Ontario has provided the following year-end balances: Cash, $24,000 Patents, $7,900 Accounts receivable, $9,100 Property, plant,
nignag [31]

Answer:

$110,400

Explanation:

The computation of the net non-current assets is shown below:

= Patent + Property, plant, and equipment - accumulated depreciation + trade marks + goodwill

= $7,900 + $98,900 - $20,000 + $13,600 + $10,000

= $110,400

5 0
3 years ago
Austin and kayla have $35,000 in debt (student loan, credit cards, car loan) but have cut up all of their credit cards and start
Klio2033 [76]

The answer is a definite NO. No one should EVER cash in their 401(k) to pay off debt. You will never be able to recover from the loss of compounding interest if you take out money from your retirement account. This money should be saved for retirement or EXTREME emergencies.

Im this case, Austin should take the amount of his raise and use that to start paying down his debt FASTER.

6 0
3 years ago
According to Carl Jung, what are the two main ways that people process information?
nata0808 [166]
The answer is A. Thinking and sensing

The thinking type will rely on their analysis capabilities to process information, and make their decision based on their analysis projection

Meanwhile, the sensing type will rely on their 5 senses to process information, which mean they have to experience it first before they can make their decision
4 0
3 years ago
Donny owns and leases a coal mine to brian. the lease agreement states that brian will pay donny $4 per ton royalty on coal mine
Gnoma [55]

Answer: $25,000

Explanation:

Given Data:

Gross income from coal = $250,000

Income from trucking coal = $20,000

Royalty paid to Donny = $30,000

Taxable income on call excluding depletion = $40,000

Coal depletion rate = 10%

Lease agreement = $4/ton

Therefore:

brian's percentage depletion deduction for the current year is

= gross income x coal depletion rate

= $250,000 x 0.1

=$25,000

5 0
3 years ago
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