Internal control objectives remain essentially the same although technology, risks, and control methods change. Thus, many concepts of control (management's responsibility, the role of the control environment, reasonable assurance, monitoring, and cost-benefit analysis) are relevant regardless of IT changes.
<h3>What is
technology?</h3>
- The use of skills, methods, and processes utilized in industrial production and scientific study combined with collected knowledge to create technology.
- All equipment and electronic devices operate using technology, whether or not the user is fully aware of how they work for the organization's goals.
- Systems make up the technologies used in modern life.
<h3>Why is technology so important in today's world?</h3>
- Information sharing, meal preparation, clothing cleaning, and transportation are all things we do with the help of technology.
- However, even commonplace technologies like door locks, floor tiles, and furniture are things we now take for granted and that we consider to be less spectacular than 3D printing or self-driving automobiles.
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<u>Joshua is right because fixed costs are unavoidable but marginal costs are not.</u>
<u>Explanation</u>:
Decision making plays an important role while considering the development of the organization. The officials in the company should act smartly in making decisions during crucial situation.
<u>Marginal cost </u>is the cost added to the total cost while producing additional units. <u>Fixed cost </u>is the cost of the product that does not change with the increase or decrease in the quantity of the products.
In the above scenario, Jasmine and Joshua were discussing about the cost of the products that are produced in their manufacturing plants. They were discussing about the marginal cost and fixed cost.
Answer:
$64.76
Explanation:
The current share price can be determined by calculating the present value of the dividend
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow from year 1 to 13 = 9.45
I = 10.7
PV = 64.76
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
The best action that Anna-Marie should take next is <u>A- She should talk</u> to the employee to understand their perspective.
Talking to the employee will reveal if they are out-group members and enable Anna-Marie to understand their views.
<h3>Who is an out-group member?</h3>
An out-group member is an individual in an organization who does not identify themselves as part of the group or unit.
An out-group member does not pursue the same goals as other group members and most times feels excluded from the group.
<h3>Answer Options:</h3>
A- She should talk to the employee to understand their perspective.
B- She should redistribute the company policy describing inclusion expectations.
C- No action is required; she is already acting ethically.
D- She should start documenting her efforts at inclusion.
Thus, the best action that Anna-Marie should take next is <u>A- She should talk</u> to the employee to understand their perspective.
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Answer:
<u>Risk Management</u> can be defined as Determining,minimizing, and preventing accidental loss in a business, for example, by taking safety measures and buying insurance
Explanation:
- Risk Management identifies the potential risk ,then it prioritizes the risk the business house is exposed to and then it addresses the risk faced by the business houses both in the short-term and the long-Term
- <u>The risks, could stem from a variety of sources, like financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.</u>