1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Verdich [7]
3 years ago
15

Auditors may decide to perform some tests of controls or not perform any tests of controls, if inherent risk is assessed as ____

____. moderate or low high or moderate unusually high None of these options are correct.
Business
1 answer:
Ivanshal [37]3 years ago
6 0

Answer: Moderate or low

Explanation:

Tests of Control are one by auditors to determine the effectiveness of the internal controls in the company in being able to detect accounting errors and anomalies.

If a company seems to have a moderate or low inherent risk the Auditors may or may not initiate Tests of Control due to this reduced risk.

If the company however, has either high or moderate or unusually high risk, the Auditors have to perform Tests of Control to determine where the company is going wrong.

You might be interested in
Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputa
Komok [63]

Answer:

These are the options for the question:

a. product design excellence.

b. mission statement satisfaction.

c. sustainable price decreases.

d. a sustainable competitive advantage.

e. producer excellence.

And this is the correct answer:

d. a sustainable competitive advantage.

Explanation:

All the other options may be a indirect cause or consequence for Nordstrom's good reputation among the customers, but the direct advantage that this reputation provides is a competitive gain over its market adversaries.

Because the brand is well-regarded, and the clients are satisfied, it is likely that most of the customers are of the loyal type who, when making a purchase, will turn to Nordstrom before considering the competition.

This puts Nordstrom ahead of the competition, and as long as the service quality continues stable or improves even more over time, this advantage will prove sustaniable, and more importantly, profitable.

7 0
3 years ago
Steve's Cider Shack, Inc. just paid a dividend of $8 per share of common stock. The dollar amount of the dividends is expected t
mamaluj [8]

Answer:

Check the following calculation

Explanation:

Current price : D0(1+g)/(Rs-g)

                  8 (1+.02)/(.13-.02)

                  8* 1.02 / .11

                   = $ 74.18 per share

2) Dividend: 8(1+.02) = 8.16

Annual rate of return : [P1- P0+D ]/P0

             [74.18 - 63 + 8.16 ]/63

                19.34/63

                  .3070 or 30.70%

8 0
3 years ago
Which resource management activity identifies and verifies that personnel are qualified.
Naddika [18.5K]

Credentialing resource management activity identifies and verifies that personnel is qualified.

<h3>What is management?</h3>
  • Management (or managing) is the process of overseeing the operations of a company, nonprofit, or governmental entity.
  • It is both the science and the art of managing a company's resources.
  • Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of available resources, such as financial, natural, technological, and human resources, are included in management.
<h3>What roles does management play?</h3>
  • Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level.
  • These five responsibilities are a part of a corpus of guidelines and management-related beliefs.

Learn more about management here:

brainly.com/question/14523862

#SPJ4

4 0
2 years ago
Farmer Ted planted 200 acres in wheat this year. The weather has been perfect and he expects to harvest a record crop within the
mina [271]

Answer:

d. Transactions exposure.

Explanation:

Transactions exposure -

It is the level of uncertainty involved in a business in the international trade face .

It is the risk which currency exchange rates would fluctuate after the firm has taken a financial obligation .

The high level of vulnerability to shift the exchange rates can lead to the loss of the major capital for the international business .

Hence from the information of the question , the correct answer is  d. Transactions exposure .

5 0
3 years ago
Harry wants to save money in a bank account. He decides to open a _______ account with a five-year maturity date because it offe
MrMuchimi
Money Market,  a higher interest rate
4 0
3 years ago
Read 2 more answers
Other questions:
  • Security in the form of assets you pledge to a lender.
    11·2 answers
  • What's the difference between earned income and unearned income
    15·1 answer
  • What is 51/2x21/3 select the best answer
    6·2 answers
  • Which of the following taxes are paid by the employee and the employer?a. FUTAb. SUTAc. FICAd. Federal withholding taxes
    8·1 answer
  • Today only, a table is being sold for $217 . this is 62% of its regular price. what was the price yesterday?
    15·1 answer
  • Mainstream economic theorizing sees work as a lousy activity that workers tolerate in order to earn income. One way that work is
    13·1 answer
  • An agent must disclose an agency relationship: a. Within 5 days of obtaining a listing. B. Within 5 days of procuring a buyer. C
    12·1 answer
  • In formal writing, you _____________ ____________ use abbreviations. Should never should always almost never almost always Forma
    6·1 answer
  • How is marginal analysis used
    15·1 answer
  • You are a college student who is a member of the cross-country team. You participate in volunteer efforts that involve needy chi
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!