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omeli [17]
3 years ago
11

Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chi

ef information officer and the IT senior leadership team (SLT). At this point, the CIO has the responsibility to ensure that management processes observe the governance rules. For example, the project team might present the proposed project in an SLT meeting for a vote of approval. What does this scenario illustrate about organizational structure?
Business
1 answer:
rodikova [14]3 years ago
4 0

Answer:

The correct answer is the difference between governance and management oversight.

Explanation:

In conflict and post-conflict situations it is necessary that the security sector is governed by the principles of effective governance and accountability, to prevent this sector from misusing its prerogatives, that the authorities abuse its control over the actors in the security sector and, above all, to build public confidence and establish or restore the legitimacy of the sector (UNODC, 2011). For this to happen, it is necessary that the security sector actors accept that their decisions and actions can be questioned and that any inappropriate behavior can have consequences such as compensation for victims or sanctions. Without this type of accountability and transparency, corruption and other inappropriate behavior can flourish (UNODC, 2011).

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You are evaluating a growing perpetuity investment from a large financial services firm. The investment promises an initial paym
Brilliant_brown [7]

Answer:

the present value of this growing perpetuity is $83,692.31

Explanation:

The computation of the present value of this growing perpetuity is shown below:

present value of this growing perpetuity is

= Payment at end of this year ÷ (Discount rate - Growth rate)

= $2,176 ÷ (0.09-0.034)

= $83,692.31

Hence, the present value of this growing perpetuity is $83,692.31

8 0
3 years ago
Steps in the Accounting Cycle Listed below, out of order, are the steps in an accounting cycle.
sasho [114]

Answer:

Steps in the Accounting Cycle

a) The order in which the steps in the accounting cycle are performed is:

3, 6, 2, 1, 4, 8, 5, 9, 7

b) The steps in the accounting cycle that occur daily are:

2, 3, & 6

Explanation:

The correct ordered steps in the account cycle are:

3. Analyze transactions from source documents.

6. Record transactions in a journal.

2. Post journal entries to general ledger accounts.

1. Prepare the unadjusted trial balance.

4. Journalize and post adjusting entries.

8. Prepare the adjusted trial balance.

5. Prepare the financial statements.

9. Journalize and post closing entries.

7. Prepare the post-closing trial balance.

5 0
3 years ago
Zeus Industries sells satellite television systems. Recently, the company invested heavily in one of the many new technologies a
Elanso [62]

Answer: Filtering

Explanation:

Filtering in communication occurs when information passed on between two bodies is being reduced by the middlemen, where the middlemen are not able to communicate favourable with either party and it affects either of the party, it's called filtering. The inability for the salesperson's to communicate the technical knowledge of the product to the customers which they are being taught during trainings is known as filtering in communication. This causes the business loss as the customers are not able to operate the equipment effectively which the business sells.

6 0
3 years ago
A family wishes to save for future college expenses. Which financial tool should the family invest in?
emmainna [20.7K]

Answer:

529 Plan

Explanation:

A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs.

8 0
3 years ago
An activity-based costing system that is designed for internal decision-making will not conform to generally accepted accounting
Tresset [83]

Answer:

under activity-based costing the sum of all product costs does not equal the total costs of the company.

Explanation:

The method of an activity-based costing system can be used use to find the total cost of all the activities that are required to make a product. This system also helps to find out which overhead costs can be avoided.

An activity-based costing system that is designed for internal decision-making will not conform to generally accepted accounting principles because under activity-based costing the sum of all product costs does not equal the total costs of the company.

8 0
3 years ago
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