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alexira [117]
3 years ago
5

In the financial services sector, some organizations have implemented a three-lines-of defense model. What does the use of this

model suggest about an organization’s structure?
Business
1 answer:
Dovator [93]3 years ago
4 0

Answer:

The correct answer is: This organization uses a layered approach that creates a separation of duties.

Explanation:

The Three Lines of Defense model is an approach used to divide the duties of the financial department of an organization aiming to improve risk management and control. The first line of defense involves management and control measures. The second line includes financial control, security, quality, inspection, and compliance. The first and second lines of defense are in charge of <em>senior managers</em> of the entity.

The third line of defense involves the internal audits of the company and is in charge of the <em>Board of Directors</em> (BoD).

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Answer:

a. the alternative punishments that are available  

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Alternative punishments generally tend to change the support patterns with more softline polling members opting for alternative punishments rather than death penalty.

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He gross domestic product (gdp) of the united states is defined as the
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Which of the following is correct with respect to Debt Service Funds?
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Answer:

C. Debt service funds account for and report financial resources that are restricted, committed or assigned to expenditure for principle and interest for governmental debts except debt of proprietary and fiduciary funds who account for their own interest and principle payments.

Explanation:

Debt service funds are used to pay for principal and interest on certain types of debts. This reduced the risk of debt security that investors face and also reduces the effective rate at which the offering can be sold.

However debt service funds cannot be used for proprietary funds like 400 and 500.

Instead we use Enterprise funds for 400. That is operations similar to corporate enterprise. For example water and sewage utilities.

Internal service funds for 500 used by other funds or departments bin a government in a cost reimbursement basis. For example a food supplier that takes orders and is reimbursed for each order.

5 0
3 years ago
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Explanation:

The first option, never tells what the customer gets in return.

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2 years ago
While preparing the annual advertising budget, Tracy, the chief marketing officer of an online furniture store, is deciding whic
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Answer:

b. The resource allocator role

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The resource allocator role -

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