There may be a number of minor actions
that you should take, but the major action would be to review and modify the
security settings for the database and the server and ensure that they will
prevent hackers from unauthorized access.
A flexible budget is an optimum budget for managers that plan revenues and expenses at different sales volumes.
<h3>What is
flexible budget?</h3>
A flexible budget is one that varies in response to changes in actual revenue or other activities. As a result, the budget is reasonably close to the actual results. This technique differs from the more conventional static budget, which comprises only fixed spending numbers that do not change in response to real revenue levels.
A flexible budget will include budget lines for various amounts. For example, if your monthly widget production is 100, your variable admin costs could be $200. However, if you produce 200 widgets every month, your variable admin costs will rise to $400.
Entrepreneurs can adapt with change thanks to flexible, rolling budgets. This nimble planning process lets you adjust spending throughout the year
To know more about flexible budget follow the link:
brainly.com/question/25353134
#SPJ4
Answer: D. At least every third audit
Explanation: According to the AICPA Professional Standards of auditing. Testing the operating effectiveness of controls that appear to function as they have in past years and on which the auditor wishes to rely upon in the current year must be carried out at least every 3rd Audit.
This is done if the auditor plans to use audit evidence from a prior audit about the operating
effectiveness of specific controls. The auditor shall establish the continuing relevance of that
evidence by obtaining audit evidence about whether changes in those controls have
occurred subsequent to the previous audit.
Answer:
a. True
Explanation:
Innovation is an essential concept for today's companies, which need to position themselves and stand out in a globalized and highly competitive market.
Therefore, it is correct to say that innovation is a strategy that companies use to develop their processes and organizational systems, in order to keep up to date with market and consumption patterns, exceeding the expectations of their stakeholders. Despite demanding continuous effort and resources, innovation starts to be naturally increased in the companies that develop it, because it impacts the organizational culture in a positive way, generating greater creativity, productivity and continuous improvement of all organizational processes, which impacts on the positioning of the company in the market and its profitability.