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3 years ago

When considering internal controls,

Business

1 answer:

PilotLPTM [1.2K]3 years ago

3 0

Answer:

The correct answer is B) auditors are concerned with the client's internal controls over the safeguarding of assets if they affect the financial statements.

Explanation:

Based on the theoretical concept, it can be said that the main scopes of a well structured system of internal controls are:

- Promote reliability and impartiality in the production of financial reports.

- Provide timely and easily accessible information, which allows efficient and effective conduction of business processes.

- Ensure compliance with internal processes and actions in general to the objectives of strategic planning, avoiding deviations from the guidelines.

- Safeguard the company's assets, supporting risk management and minimizing eventual financial losses caused by poor management.

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Each day, the warehouse manager inspects the warehouse to make sure housekeeping protocols are followed, ensuring all the boxes

lisabon 2012 [21]

I dont understand the question

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4 years ago

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Suppose there are only two types of goods to consume: food and leisure. An average Californian citizen has a daily income of $10

Juliette [100K]

Answer:

Californian citizen

Explanation:

For a Californian citizen, the maximum number of meals and units of leisure they could possibly acquire per day are:

$M_C = \frac{\$100}{\$20} =5\\L_C = \frac{\$100}{\$10} =10$

For a Mississippi citizen, the maximum number of meals and units of leisure they could possibly acquire per day are:

$M_M = \frac{\$50}{\$10} =5\\L_M = \frac{\$50}{\$10} =5$

Both citizens can acquire the same number of meals, but the Californian citizen can acquire twice as many units of leisure than the Mississippi citizen. Therefore, the Californian citizen is more well-off in terms of the bundles of goods they can consume.

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4 years ago

Where to find your social security number?

taurus [48]

You have to find your local SSA

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4 years ago

ABC Company knew that its customers were interested in environmentally friendly business practices, so it began marking all of i

11Alexandr11 [23.1K]

Answer:

Greenwashing.

Explanation:

Disinformation disseminated by an organization so as to present an environmentally responsible public image.

It is a term describing the fraud made by companies when they pretend they help the environment by using green marketing.

It attempts to trick us into believing that a company with an awful environmental track record actually has a good one.

If one corporation gets away with greenwashing, then other corporations will follow, thereby creating an illusion of being environmentally friendly.

6 0

3 years ago

Suppose a pizza parlor has the following production costs: $ in labor per pizza, $ in ingredients per pizza, $ in electric

Brilliant_brown [7]

Answer:

the variable cost of production (per month) is $21,000

Explanation:

The computation is shown below:

The variable cost per month is

= Number of pizza produced per month × (labor per pizza + in ingredients per pizza + in electricity per pizza )

= 5,000 × ($3.00 + $1.00 + $0.20)

= 5,000 × $4.20

= $21,000

Hence, the variable cost of production (per month) is $21,000

4 0

3 years ago