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natulia [17]
3 years ago
10

The objectives of internal control are to a.provide reasonable assurance that assets are safeguarded and used for business purpo

ses, business information is accurate, and laws and regulations are complied with b.control the internal organization of the accounting department personnel and equipment
Business
1 answer:
jeka57 [31]3 years ago
3 0

Answer:

The correct answer is A

Explanation:

Internal control is the control which comprise of everything that controls the risk for the organization. At the level of organizational, the objectives or goals of internal control relate to the reliability of financial reporting, compliance with the regulations as well as laws and timely feedback on accomplishment of operational goals.

The goals of the internal control are:

Safeguard the assets of business

Promote the operational efficiency.

Ensure reliability as well as integrity of the accounting information as well as data.

Ensure adherence to the policies as well as procedures of management.

Therefore, from the above options, the goal is to provide assurance that assets are safeguarded and used for business purpose.

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zysi [14]

Answer:

Identify options.

Explanation:

Added value negotiation is defined as value that is added to a deal between parties to enhance relationship between them. It goes further than normal negotiation by providing something extra.

It focuses on interest, develops options, and creates deals that benefits all parties involved.

Mark did not want to buy cheap bags as a new year gift for his employees, while the employees did not want exorbitant bags.

Mark is focused on adding more value than the employees expect in this scenario.

3 0
3 years ago
Fancy Flowers has assets of $165,000 and liabilities of $113,000. What is the owner's equity?
Whitepunk [10]
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5 0
3 years ago
Need help please??????????!!!!!!!!!!!!
iragen [17]

Answer:

1.B

2.D

3.C

Explanation:

those just make the most sense

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3 years ago
What is 55 billion expressed in scientific notation?
iogann1982 [59]
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Gemiola [76]
The answer is letter a, cosigner. Mark is a cosigner is someone who is in charged of the other person's debt when that person he's in signed with wasn't able to meet the requirements or fail to pay or comply. That is why Mark is considered to be a cosigner of Gabriel if Gabriel fails to comply to pay the loan and Mark is in charged to settle it if Gabriel fails to do so.
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