All categories

3 years ago

The roles of internal auditors

Business

1 answer:

____ [38]3 years ago

8 0

Answer:

Objectively assess a company's IT and/or business processes.

Assess the company's risks and the efficacy of its risk management efforts.

Ensure that the organization is complying with relevant laws and statutes.

Evaluate internal control and make recommendations on how to improve.

You might be interested in

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with informatio

MrRissso [65]

Answer:

Cost of completed WIP: 30,240

Total cost of tranferreed-out: 729,990

Explanation:

We assume it works with weighted-average process costing

Beginning 9,000 50% = 4,500 $22,050

Finished goods 207,000 units

Direct Materials 212,000 units at $1.6

Direct labor $276,000

Overhead $ 107,400

Total Overhead $383,400

started 212,000 units

finished 207,000 units

ending 5,000 units at 75%

EU Conversion Cost 207,000 + 5,000 x 75% = 210,750

Cost per equivalent unit: 383,400 / 210,750 = 1,819217

Cost of beginning WIP comepleted

22,050 beginning + 1.82 x 4,500 = 30,240

Cost of the units transferred to finished goods:

22,050 beginning WIP balance

+ 207,000 x $1.6 materials

+ 207,000 x $1.82 conversion cost

Total: 729,990

7 0

3 years ago

Trey Tires is going to merge with Big Spokes, and the merger will result in layoffs. As a result, the workers are not happy. The

zaharov [31]

Answer:

The correct answer is: soldiering.

Explanation:

American economist Frederick Winslow Taylor (1856-1915) in his book "The principles of Scientific Management" (1911) described the term soldiering to refer as the act by which individuals decrease the efficiency of their duties at work in purpose because of different adverse situations arose such as few wages incentives or the belief that by increasing productivity the less productive workers could be affected through lay-offs.

8 0

3 years ago

A shift in a PPC/PPF to the right (or outward) illustrates Growth which may be generated by __________________ (better utilizing

Elina [12.6K]

Answer:

The correct answer is economic growth.

Explanation:

A production possibility curve or frontier shows the different combinations or bundles of two goods that can be produced using limited resources. The curve is concave because of increasing opportunity cost.

An outward shift in the production possibility curve shows an increase in the level of production. This can happen because of two reasons ,

Increase in the quantity of resources available , and
Improvement in technology

Both of these factors will help in increasing the level of production. In other words, we can say that the outward shift in the production possibility curve shows economic growth.

8 0

3 years ago

Monopolistic competition resembles pure competition because:

OleMash [197]

Answer:

The correct answer is D.

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another as goods but not perfect substitutes (such as from branding, quality, or location). In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms.

Monopolistic competitive markets:

have products that are highly differentiated, meaning that there is a perception that the goods are different for reasons other than price;

have many firms providing the good or service;

firms can freely enter and exits in the long-run;

firms can make decisions independently;

there is some degree of market power, meaning producers have some control over price; and

buyers and sellers have imperfect information.

7 0

3 years ago

According to the service marketing triangle, which of the following lists the types of marketing that must be successfully carri

natima [27]

Answer:

A. External, internal and interactive marketing

3 0

3 years ago

The roles of internal auditors​

The roles of internal auditors