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Artyom0805 [142]
3 years ago
5

Rauol is a receptionist for The South American Paper Company, which has strict corporate policies on appropriate use of corporat

e resources. The first week of March, Rauol saw Jim (the branch manager) putting printer paper and toner into his briefcase on his way out the door. This situation best reflects a weakness in which aspect of internal environment, as discussed in the COSO Enterprise Risk Management Framework?
Business
1 answer:
liq [111]3 years ago
8 0

Answer:

The correct answer is Integrity and Ethical Values.

Explanation:

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is a joint initiative aimed at providing thought leadership through the development of frameworks and guidance on enterprise risk management and internal control.

The Enterprise Risk Management Framework internal environment aspect ensures that resources are put to work really defines the course of a project. Also, it addresses the need for corporations to enhance their techniques in managing risk in order to meet the increasing demands of a dynamic business environment.

A situation where the receptionist sees the manager putting printer paper and toner (resources) into his briefcase on his way out the door best reflects a weakness in integrity and ethical Values.

You might be interested in
Armando Company produces and sells mattresses. It expects to sell 10,000 mattresses in the current year and had 1,000 mattresses
Nat2105 [25]

Answer:

Sales= $3,000,000

Explanation:

Giving the following information:

It expects to sell 10,000 mattresses in the current year and had 1,000 mattresses in finished goods inventory at the end of the previous year. Armando would like to complete operations in the current year with at least 1,250 completed mattresses in inventory. There is no ending work-in-process inventory. The mattresses sell for $300 each.

Production:

Sales= 10,000

Ending inventory= 1,250

Beginning inventory= (1,000)

Total= 10,250

Sales= 10,000*300= $3,000,000

5 0
3 years ago
The __________ is the combination of media used and the frequency of advertising in each medium. Question 34 options: media plan
Kryger [21]
The media mix is the combination of media used and the frequency of advertising in each medium.
5 0
2 years ago
QS 6-4 Perpetual: Inventory costing with FIFO LO P1 A company reports the following beginning inventory and two purchases for th
pogonyaev

Answer:

$544

Explanation:

LIFO means last in first out. It means it's the last purchased inventory that is the first to be sold.

The cost of the 250 units sold would be first deducted from the inventory purchased on the 25th

= 100 × 2.34 = $234

That leaves 250 - 100 = 150 units.

The cost of goods sold would be next allotted to the inventory purchased on the 9th

= 50 × 2.20 = $110

This leaves 150 - 50 = 100

The cost of the 100 would be alloted to the beginning inventory

100 × $2 = $200

Total cost of goods sold = $200 + $110 + $234 = $544

I hope my answer helps you

5 0
3 years ago
A new operating system for an existing machine is expected to cost $565,000 and have a useful life of six years. The system yiel
Inessa [10]

Answer:

The net present value of each potential investment:

                         Machine A        Machine B

NPV                   $167,675             $2,267

Explanation:

a) Data and Calculations:

                                                         Machine A        Machine B

Cost of machine                              $565,000         $410,000

Incremental after-tax income            165,000             75,000

Salvage value                                      25,000             26,000

Estimated useful life                           6 years             8 years

Required rate of return                      10%                   10%

Annuity factor                                     4.355                5.335

PV factor                                             0.564                0.467

PV of incremental after-tax income $718,575         $400,125

                                                ($165,000*4.355)   ($75,000*5.335)

PV of salvage value                            $14,100             $12,142

Total PV of income                         $732,675          $412,267

NPV                                                  $167,675             $2,267

= Total PV of income minus PV of initial investment cost

7 0
2 years ago
firm purchased copper pipes a few years ago at ​$10 per pipe and stored​ them, using them only as the need arises. The firm coul
Lostsunrise [7]

Answer:

The opportunity cost of each pipe and what is the sunk​ cost is $77 and $67 per pipe respectively.

Explanation:

Opportunity cost: The opportunity cost is that cost which is incurred to choose the best options with the available options.

Sunk cost: The sunk cost is that cost which is not recovered in the future. Its other name is the past cost. It does not help to make future decisions as if it is incurred then it cannot be recovered again

So, the opportunity would be the current price i.e $77

And, the sunk cost is $67 per pipe ($77 - $10)

7 0
2 years ago
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