Answer:
- Five internal controls
- Control procedures.
- Risk Assestment.
- Information and communication.
- Monitoring.
- 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.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
On October 1, 2014, Mann Company places a new asset into service. The cost of the asset is $80,000 with an estimated 5-year life and $20,000 salvage value at the end of its useful life.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= 60,000/5=12,000
3 months depreciation= 12,000/12*3= 3,000
Answer:
C. Price changes in markets provide suppliers incentives to supply goods to markets.
Explanation:
Price changes in the market has two perspective,
- increase in price, will increase the productivity for retailers,
- decrease in price, will decrease the productivity for retailers.
With increase the retailers expect to earn more, and with decrease the retailers expect to earn less.
This is a normal market condition and scenario, this does not link to any kind of political or legal environment, although the change in price might be due to political or legal policies, but the increase or decrease in productivity, is not related to any political or legal influence.
Answer:
Britt is a Financial Manager.
Explanation:
A finanacial manager in a company is a person that is responsible for the financial health or well-being of a company. As the financial manager, the roles to be played includes; making financial reports, directly investing company funds, devloping plans/ strategies for the company's long term growth or development through fund raisers or bonds or any means seen fit.
Cheers.
Answer:
This is an example of an emergent strategy
Explanation:
An emergent strategy is an unplanned strategy it is the strategy that actually happens as a result of changes in the external environment of the business and it shows the responds to such changes. Although it is unintended, adopting an emergent strategy helps a business adapt more flexibly to the practicalities of changing market conditions.
Therefore the type of strategy adopted is an emergent strategy
