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Brums [2.3K]
2 years ago
6

The group within an organization that is responsible for monitoring and evaluating the internal control system is called the

Business
1 answer:
Rus_ich [418]2 years ago
6 0

Answer:

Audit committee

Explanation:

Internal control is a system of ensuring that an organization's policies and procedures are complied with by its staff in order to protect the company's assets, ensure fraud is eliminated and also ensure financial integrity.

The audit committee ensures that the system of internal control implemented by the management is effective, hence its able to manage the risk inherent in the organization. The committee is also responsible for monitoring and evaluating the system of internal control in an organization inorder to ensure its effectiveness.

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The process through which an organization gets information on how closely an employee's actual performance meets his or her performance plan is known as performance appraisal.
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carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materia
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3 years ago
As the demand for goods and services decreases, job growth _____.
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5 0
3 years ago
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The more data you can collect and analyz,the more accurately you can predict the probability of various destructive event
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3 years ago
The common stock of Jensen Shipping has an expected return of 16.2 percent. The return on the market is 11.2 percent, the inflat
tankabanditka [31]

Answer: 1.66

Explanation:

Based on the information given in the question, the beta of the stock will be calculated as follows:

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4 0
2 years ago
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