Answer:
Control environment
Explanation:
COSO model defines internal control as a process put in place by directors and management to ensure reasonable assurance of of strategic goals by aiming at effectiveness , efficiency and economic value of operations.
COSO's five components are control environment , risk assessment , control activities , information and communication and monitoring.
Of these components , control environment takes care of integrity and ethical values that addresses corruption practices in a business environment.
Please find attached the required diagrams.
As a result of the rising incomes and cheap loans, the demand for houses would increase. This would cause an outward shift of the demand curve. As a result, equilibrium price and quantity of houses would increase.
An improvement in technology in the housing industry would lead to an increase in the supply of houses. This would lead to an outward shift of the supply curve. Equilibrium price would reduce and equilibrium quantity would increase.
A similar question was answered here: brainly.com/question/14456267
Answer:
Option C is the correct answer.
<u>Debit Depletion Expense $1,358,500; credit Accumulated Depletion $1,358,500.</u>
Explanation:
Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,000. It incurs additional costs of $600,000 to access the deposit, which is estimated to contain 2,000,000 tons and is expected to take 5 years to extract. Compute the depletion expense for the first year assuming 418,000 tons were mined.
Depletion expense = ( Mineral Deposit Cost + Additional cost)/ Estimate Extraction * N0 of ton extracted in first year
Depletion expense = (5900000 + 600000)/2000000 * 418000
Depletion expense = $ 1,358,500
If you don’t manage your risks well and you take too many, you’re less likely to have a well off financial future. This is because you’re more likely to take losses. If you manage your risks well and only take them if you’re more likely to be successful your future financial status is more likely to be better.
Studying. Never stop studying, going over your work twice, and double checking.
