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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.

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We use the accounting equation to identify what a company owns and owes. _____ are resources a company owns or controls, _____ a
o-na [289]

Answer:

We use the accounting equation to identify what a company owns and owes. <u>Assets </u>are resources a company owns or controls, <u>Liabilities </u> are claims creditors have against a company’s assets, and <u>Equity </u>is the owner’s claim on a company’s assets.

Explanation:

The accounting equation reads as Assets = Liabilities plus Equity.

The accounting equation forms the basis for preparing the balance sheet and the double-entry accounting system. When well prepared, the assets side should balance with liabilities and equity.

4 0
2 years ago
Guiding Question
daser333 [38]

Answer:

C.

Explanation:

C. Unitariy Elastic

Demand

For the building in option C.

7 0
2 years ago
The University of Iowa runs a series of ads throughout the Midwest on how friendly and helpful its faculty, staff, and students
Alex Ar [27]

Answer:

The answer would be D

Explanation:

Advertising that promotes a business, organization, institution or similar unit. In institutional advertising, the business promotes itself rather than its product.

3 0
3 years ago
If you are a jury member, which of these are topics you might discuss with the other jurors during trial? (Select all that
xeze [42]

Answer:

Information you know from listening to testimony of the case.

Opinions you have from talking to other jurors during the trial.

Opinions you have from seeing evidence during the trial.

Explanation:

A jury member or a juror is a member of a society who is selected to form a body of people who are sworn to act as interpreters of a court case. The jury body consists of 12 citizens selected by the court to act as an extra hand in solving a case, while at the same time, looking through evidence and statements given by the people involved in the case.

A jury member is not allowed to go home or talk about the case until it gets resolved. Their main job is to talk within themselves about the case, <u>provide information from the testimony of the case</u>, and <u>share opinions with each other</u>. They can also <u>discuss their opinions after seeing the evidence presented in court</u>. Such topics are allowed to be discussed within themselves so as to act as a 'judging' body in the case.

7 0
3 years ago
This problem has been solved!
liubo4ka [24]

Answer:

A Overhead:          180,634

B Production Cost: 214,410

C Period Cost:           71,091

Explanation:

<u>Manufacturing overhead</u>

Factory utilities                                   16,942

Depreciation on factory equipment  13,387

Property taxes on factory building      3,252

Indirect factory labor                          49,656

Repairs to office equipment                 2,179

Indirect materials                               84,468

Factory repairs                                     2,465

Factory manager's salary                    8,285

Total:                                                180.634

<u>Product Cost</u>

Direct labor                         71, 743

Direct materials used        142,667

Total:                                  214,410‬

<u>Period Cost </u>

Sales salaries                                 47, 310

Depreciation on delivery trucks     4,546

Advertising                                     15, 712

Office supplies used                       3,523

Total:                                               71,091

5 0
3 years ago
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