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3 years ago

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]3 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 electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and pay

charle [14.2K]

Answer:

a) True

Explanation:

Electronic bill payment and presentment (EBPP) can be regarded as process that is been utilized by

companies in collection of payments electronically by utilization of systems such as Automated Teller Machines (ATMs) as well as Internet and direct-dial access. This has turned to a core component of online banking as regards to some financial institutions today, some industries such as telecommunications and insurance providers make use of it.

Electronic invoicing and presentment payment (EIPP) can be regarded as process involving sending of electronic invoice to customers using the internet, as well as the ability of customers to be able to pay that invoice online also. It give a solution that brings about increased productivity, as well as given room for business owner to spend more time in developing their business as well as relationships with their customers.

It should be noted that the The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and payment (EBPP) system for the B2C environment.

3 0

3 years ago

Cicchetti Corporation uses customers served as its measure of activity. The following report compares the planning budget to the

Marina86 [1]

Answer and Explanation:

The Preparation of the company's revenue and spending variances for December is prepared below:-

The report with respect to the company revenue and spending variance is presented in the attachment below

The revenue refers to the sales of the company

And, the spending variance refers to the difference between the actual amount of expenses incurred and the budgeted amount of expenses incurred. The same is shown in the below attachment.

8 0

3 years ago

What standard describes uniform, enterprise-wide cabling systems, regardless of who manufactures or sells the various parts used

ira [324]

Uniform, employer-wide cabling structures, no matter who manufactures or sells the diverse elements used in the system of gadget.

An employer analytics method allows companies to discover the equipment and techniques they need to installation to work with these large facts units and extract meaningful insights from them that can be used to tell enterprise choices. It needs in order to exchange over the years to meet evolving commercial enterprise needs.

Enterprise cabling structures are going through a big paradigm shift. inside the past, one of the principal capabilities of a cabling device changed into to attach the laptop and IP telephone in workstations to the business enterprise community spine. that is swiftly

Learn more about enterprise-wide here:brainly.com/question/26304178

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3 0

2 years ago

Adriana is not keen on collecting facts and information while solving problems. she is spontaneous in decision making and usuall

V125BC [204]

Her decision is known as a "satisfice" decision

4 0

4 years ago

A company can shorten its cash cycle by: __________

Dafna1 [17]

Answer:

None of the above

Explanation:

Companies can shorten their cash cycles by turning over their inventory faster. The quicker a company sells its goods, the sooner it takes in cash from cash and credit card sales and begins its accounts receivable aging. Inventory turnover has no impact on the cash cycles of service companies with no inventory.

5 0

3 years ago

Read 2 more answers