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Cloud [144]
3 years ago
7

The materials manager of a warehouse is given a new product line to manage with new inventory control procedures. Which of the f

ollowing sequences of the COSO internal control monitoring-for-change continuum is affected by the new product line?
A. Both control baseline and change management
B. Control baseline but no change management
C. Change management but not control baseline
D. Neither control baseline nor change management.
Business
1 answer:
Sidana [21]3 years ago
8 0

Answer:

A. Both control baseline and change management

Explanation:

In the case when the material manager provides the new product line having the procedure to control the new inventory so the internal control that impact the new product line is the control baseline and the control management as both should be impacted because the control should be there with regard to the baseline and the managing in order to managing the risk

Hence, the option a is correct

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Residual Disability Income pays funds to the insured, to make up for what the insured would have earned after returning to work,
siniylev [52]

Answer:

The correct answer is Total disability.

Explanation:

The total disability can be the result of an illness, derive from a previous situation of temporary disability or consequence of an accident. Its determination implies a series of economic benefits linked to a specific degree of permanent disability.

8 0
3 years ago
On January 1, Hillcrest Co. acquired a 40% interest in Preston, Inc. with the excess of purchase price over book value solely at
olasank [31]

Answer:

C. $190,000

Explanation:

As per the given question the solution of Income reported on Income statement is provided below:-

here, we ill find first share in equity income and depreciation expenses on undervalue equipment to reach the i ncome reported on Income statement

Share in equity income = Net income × Interest

= $500,000 × 40%

= $200,000

Depreciation expenses on undervalue equipment = undervaluation ÷ Number of years × Interest

= $250,000 ÷ 10 × 40%

= $10,000

Income reported on Income statement = Share in equity income -Depreciation expenses on undervalue equipment

= $200,000 - $10,000

= $190,000

4 0
3 years ago
Which organization was one of the five services that merged to form the current Coast Guard?
True [87]

Answer:

The modern Coast Guard was formed by a merger of the U.S. Revenue Cutter Service and the U.S. life-saving on 28 january 1915

6 0
3 years ago
FAB Corporation will need 200,000 Canadian dollars (C$) in 90 days to cover a payable position. Currently, a 90-day call option
fgiga [73]

Answer:

$144,000

Explanation:

Calculation to determine net amount paid, assuming FAB wishes to minimize its cost

Net amount: ($.71 + $.01) x 200,000

Net amount = $144,000.

Therefore net amount paid, assuming FAB wishes to minimize its cost is $144000

7 0
3 years ago
Teal Motors Inc., an automobile company, outsources the manufacturing of most of the automobile parts to several other companies
il63 [147K]

Answer:

The question is missing the below options:

A. loss of identity

B. loss of frequency

C. loss of facility

D. loss of focus

The correct option is D,loss of focus.

Explanation:

Loss of identity does not arise in this case, as Teal Motors Inc. is still responsible for coupling these parts into complete and brands it in own brand name.

Since it is not clear cut that Teal Motors Inc. has in-house facilities to produce the outsourced parts,letting the available production facilities rot away without being put to proper use does not arise.

The focus here is that the company specializes in the critical components that are most important in its automobiles and would prefer to outsource non-critical parts to others,hence a modular approach to manufacturing is favored.

6 0
3 years ago
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