Here, the five elements include all of the following except- None of these choices are correct
<h3><u>
What are the five elements of internal control ?</u></h3>
Different internal control systems function with varying degrees of efficacy. A judgment on an internal control system's effectiveness is made after evaluating if each of the five components -
- Control Environment-The tone of an institution is defined by the control environment created by the organization's management, which also has an impact on the individuals who work there.
- Risk Assessment-Every entity must evaluate the many risks it confronts from both internal and external sources. Setting up objectives that are internally consistent and related at various levels is a prerequisite for risk assessment.
- Control Activities-The rules and practices that guarantee management directions are followed are known as control activities. They aid in ensuring that the required steps are made to address risks preventing the entity from achieving its goals.
- Information and Communication-Relevant information must be located, recorded, and disseminated in a way and at a pace that makes it possible for recipients to fulfill their duties. Effective communication must flow up, down, and throughout the company in a wide sense.
- Monitoring-Regular management and supervision tasks, as well as other actions staff members do while carrying out their jobs, constitute ongoing monitoring, which evaluates the effectiveness of internal control system performance.
To know more about the concept of internal control, refer to: brainly.com/question/15318839
#SPJ4
The qualities needed for a medical assistant office manager are people skills, truthfulness, effective communication skills, and objectivity.
A medical assistant may do basic laboratory checks, take away infected resources, and sterilize medical instruments. they may have additional responsibilities, along with educating sufferers about medicine or unique diets, preparing patients for x-rays, casting off stitches, drawing blood, or changing dressings.
One of your most critical tasks as a medical assistant is keeping the affected person's medical records current. you will enter a patient's weight and blood strain and their pre-examination interview responses into a computer database.
Learn more about medical assistant here: brainly.com/question/24331637
#SPJ4
Answer: 17,000
Explanation: nothing dont take my answer i guessed
Answer:
Because fixed costs will not change, the overall effect on the company's monthly net operating income will be equal to the contribution margin of the product once the new component is added.
Explanation:
The contribution margin is equal to: Revenue - Variable Costs.
We already know that the variable cost will be increased by $50 once new component is added, and that monthly sales are expected to increase by 500 units after that.
Depending on the price of the product, the amount sold, and the variable costs, we get the contribution margin, and this contribution margin will be exactly the same as the overall effect on the net operating income.
Answer: Counter trade
Explanation: In simple words, counter trade or bilateral trade refers to the situation when two entities exchange goods or services with one another without using any money. This kinds of trade does not use money but can be valued in monetary terms.
In the given case, Large co were trading their product for the product of other company. Both the products have their own market value.
Hence from the above we can conclude that they were engaged in counter trade.