Answer:
The correct answer is letter "B": Companies are formed to create value for society.
Explanation:
The Committee of Sponsoring Organizations (<em>COSO</em>) is an international acknowledgment organism where basic risk regulating frameworks and accomplishment in organizational internal control matters are established. When it comes to Enterprise Risk Management (<em>ERM</em>) the committee proposes key principles and concepts for clear guidance.
Creating value for society is not included in one of the core objectives of the COSO ERM.
<span>Answer:
Gross Pay: $1200
Less Health Ins: (42.50)
Taxable Pay: 1157.50
SS Tax: 71.77 (1157.50 *.062)
Medicare Tax: 16.78 (1157.50 *.0145)
FIT: 91.79
Net Pay: 977.17
FIT calcualted as follows: Taxable less allowances (1157.50 less (71.15*4) = 872.9
(872.9 * .15)-39.15 = 91.79</span>
Answer:
2.20
Explanation:
The company's debt ratio equals: 2.20
Answer:
The solutions is given in the attached figure
Explanation:
The values are calculated using the appropriate formulas in Excel. The formulas are as indicated in the attached figure.
Answer: The Implications of this behavior to the corporation would be detrimental to their operations because as an institution they are not declaring their expenses on staff-(Vacation) from being entered into
the financial books for proper accounting purposes.
While the behavior of the MD shows that he has been praticising sharp practices with the company resources for a while and he should be ask to step down.