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Debora [2.8K]
3 years ago
9

In the​ swim-lane format of a business process​ model, all​ _______ for a role are included in that​ role's swim-lane.

Business
1 answer:
boyakko [2]3 years ago
8 0
<span>In the​ swim-lane format of a business process​ model, all​ activities for a role are included in that​ role's swim-lane.

The swim lane is used to show flow diagrams or charts that list out the responsibilities of a business and its employees. These lanes can be arranged horizontally or vertically. Think of them as lap swim lanes in a pool, that helps keep the business roles in line. </span>
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Presented below are four statements which you are to identify as true or false.
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Answer:

1. GAAP is the term used to indicate the whole body of FASB authoritative literature.  <u>TRUE</u>.

The Financial Accounting Standards Board are the authors of the GAAP and as such GAAP is used to indicate the whole body of their literature.

2. Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the disclosure requirements.  <u>FALSE. </u>

To claim compliance with GAAP, all standards and interpretations including Disclosure requirements should be followed.

3. The primary governmental body that has influence over the FASB is the SEC.  <u>TRUE.</u>

The Securities and Exchange Commission (SEC) is the Government body that is meant to oversee the application of Accounting standards and as such, they have influence over the FASB.

4. The FASB has a government mandate and therefore does not have to follow due process in issuing a standard.<u> FALSE. </u>

Even though they have a Government mandate, the FASB must follow due process when establishing principles so that people might be able to contribute to or criticize the guidelines should they please.

4 0
3 years ago
Unusually sharp, a number in dice and giving direction or quoting a price. A decimal mark, deciding a game or a moment in time t
emmainna [20.7K]

Answer:yes

Explanation:

4 0
3 years ago
Managers will utilize __________ skills with increasing frequency as they rise within an organization.
Nastasia [14]
<span>E. Conceptual and decision</span><span>

The Internal auditor is the person who reviews the operating and accounting control procedures adopted by management to make sure the controls are adequate.

Internal audit within the company is not only done to review operating and accounting control procedures but to recommend ways that will further operation and accounting control within the company. </span>
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3 years ago
An elected official is: A: appointed to his job. B: voted into her job. C: assigned a job by a superior. D: anyone who works for
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Voted into her job.
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When reconciling or balancing your checking account, which of the following correctly describes the math?
Rainbow [258]

Answer:

B) add deposits, subtract withdrawals and fees

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A checking account is a deposit and saving account held in a financial institution, mostly a bank. The user or owner of the checking account is allowed to deposit and withdraw money as frequently as they deem necessary without incurring access fees.

Money held in a checking account is accessible using different ways, including debit cards, ATMs, and over the counter. When reconciling a checking account, one needs to subtract the sum of "money out" from "money in. "

"Money in" comprises mostly of deposits.  "Money out" is the total of withdraws plus other bank charges levied to the account.

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3 years ago
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