Answer:
Equal to the physical units completed
Explanation:
If direct materials are added at the beginning of a process, the equivalent units completed of direct materials will be Equal to the physical units completed. This is because at the end of the process the equivalent units will be 100% complete as to direct materials.
You did not mention the possible answers, however, a federal system of a government is when there are many states or autonomous regions that each have their own laws and small governments, but they all belong to a large federation where there is a federal government which makes laws and decisions on a larger scale that apply to all states that are members of the federation.
Answer:
C. opportunity cost
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
For example, let us assume that Amanda leaves her job where she earns $250,000 to start a business where she earns $500,000. Her opportunity cost is $250,000 which is the salary she forgoes when she decided to start her business.
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Answer:
Have we inventoried the third party relationships that exist in our organization today?
How are we identifying and tracking new or changing relationships?
Have we assessed and prioritized the risks related to those relationships?
When evaluating new relationships, do our selection criteria address risks to the organization?
Where applicable, do our agreements and contracts include adequate terms and conditions to require third-parties to provide independent assurance to mitigate potential risks, convey trust and confidence, and demonstrate compliance with laws and regulations?
Are responsibilities to manage these risks clearly defined individually for each third-party and as a whole?
Are we monitoring the various risks and contract requirements associated with each existing relationship and at what interval?
Are these relationships dependent on subservice organizations?
How do we gain comfort that information provided by third-parties is valid, accurate, and complete?
Does our risk assessment process identify potential negative events resulting from third party relationships and include procedures in place to respond?