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xz_007 [3.2K]
3 years ago
11

SOX and the SEC regulators are making it clear that if controls can be ignored, there is no control. Therefore, fraud prevention

and detection require an effective monitoring system. Select one: True False
Business
1 answer:
Viefleur [7K]3 years ago
8 0

Answer: True

Explanation:

Fraud prevention simply has to do with how fraud will be stopped. Due to numerous ways of committing fraud, fraud prevention and detection require an effective monitoring system

Without an effective monitoring system, it'll b difficult to control fraud. Therefore, the option in the question is true.

You might be interested in
Kiera’s dog walking business is booming, and she is interested in expanding. In order to expand, her company needs more customer
Artemon [7]

Answer:

The correct answer to the following question will be "S​he enhanced her brand image".

Explanation:

  • Keira dramatically improved her brand reputation by getting ready a logo to promote her unquantifiable facility of various dog walking the dog. Designed to enhance the brand identity requires connecting with the clients regarding your brand as well as trying to make your provider or good extra attractive to the users. That is among the most powerful advertising moves.
  • Keira aims to grow its market here by generating more competition for its intangible growing organization. For all of this she chooses to help improve her brand value so that she can get so many requirements for her provider as well as make higher revenue.

So that the above is the right answer.

3 0
3 years ago
Porter Co. owned all of the voting common stock of Simi Corp. The corporations' balance sheets dated December 31, 2018, include
Katena32 [7]

Answer: $672,000

Explanation:

Porter sold land to Simi which means that their land balance reduces. Simi's however increases by the same amount. As Porter owned all the voting stock, the sale will be accounted for at the book value.

The Consolidated balance for land in 2020 will therefore be calculated as,

= (Porter land value - Sales price) + (Simi land value + Sales price)

= (416,000 - 65,000) + (256,000 + 65,000)

= 351,000 + 321,000

= $672,000

The book value of the Consolidated land will be $672,000 in 2020.

3 0
3 years ago
Philip is a new manager of a 15 person manufacturing operation. His predecessor has handed him a complete annual plan (with budg
romanna [79]

Answer:

Phillip is stunned because he has not been attending to the management function of "controlling".

Explanation:

The four management functions are; planning, organizing, leading and controlling.

Controlling involves monitoring the processes and activities involved as an organization works, according to laid down plans, towards achieving set goals and objectives.

<em>Phillip is stunned because he has not been monitoring comparing the progress made so far with the strategic plan (i.e. he has not been controlling the strategy implementation activity).</em>

4 0
3 years ago
MAN FR DOE THIS <a href="/cdn-cgi/l/email-protection" class="__cf_email__" data-cfemail="c6958e86">[email&#160;protected]</a>@ H
AnnyKZ [126]

Answer:

C.

Explanation:

If they had to pay more then the customer will have to pay more

HOPE THIS HELPS!!

5 0
3 years ago
______ refers to a set of unspoken guidelines that employees share in various work situations. Organizational theory Organizatio
mr_godi [17]

Organizational culture refers to a set of unspoken guidelines that employees share in various work situations.

<h3><u>Explanation:</u></h3>

The set of expectations that an organisation has towards its employees, the experiences, values to act as a guide to the behaviour of the employees and the experience are encapsulated in the organisation culture. It is the set of guidelines that helps the employees to conduct themselves within and outside the organisation.  

It can be considered as a set of values, beliefs and assumptions that shapes the behaviour of the employees of an organisation. It is the one through which the image of an organisation is projected. It helps the employees to work the way the organisation expects from them.  

3 0
3 years ago
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