Answer:
To evaluate the effectiveness of controls over all relevant financial statement disclosures in the financial statements.
Explanation:
In Accounting, an internal control is a mechanism, procedure, rule or policy designed by management to secure assets, promote efficiency, ensure accountability and prevent fraudulent behavior in an organization.
The main goal of auditing internal control is to evaluate the effectiveness of controls over all relevant financial statement disclosures in the financial statements.
Answer:
The answer is: Emotional intelligence
Explanation:
A person with emotional intelligence is able to identify and manage his own emotions and the emotions of the people around him.
Usually they are very perceptive of other people's emotions, and when they use their abilities correctly, they can improve the performance of those around them. For example, sometimes a compliment or some nice words can do a lot to boost an employee's self esteem and efficiency.
This is a very useful trait in modern management, since modern workplaces rely more on open communications and team work.
Answer:
The tax rate is the same for all income levels.
Explanation:
A proportional tax system is a tax mechanism that applies equal rates to all income brackets. This system does not segregate based on income earned. The proportional tax system is also the flat rate system.
Since the proportional tax system applies the same rate to all taxpayers, it means that the low income, middle, and high-income earners pay tax at the same rate. The proportional tax system contrasts with other methods, such as the progressive tax system that considers income levels.
What is the question? There is no question in this statement.
Explanation:
Recall from the case study that staff motivation has come to a low; most of them <em>"feel distressed". </em>One good quality of a leader is having the ability to motivate his//her employees. Hence, Laura's leadership skills could be most effective by trying to motivate her employees.
Her demanding schedule which requires frequent travel wouldn't allow her to properly manage the entire staff. Hence,<em> she should share her wealth of experience with the two managers, who in turn could then train the five members of staff they manage, by so doing she'll be building upon her leadership skill.</em>
