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2 years ago

The roles of internal auditors

Business

1 answer:

____ [38]2 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.

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Place the components of the M2 money supply in order, from smallest to largest

dimulka [17.4K]

Answer:

Small time deposits, money market mutual funds, currency, checkable deposits, savings deposits.

Explanation:

8 0

3 years ago

RLW-II Enterprises estimated that indirect manufacturing costs for the year would be $60 million and that 12,000 machine hours w

Montano1993 [528]

Answer: $3,150,000

Explanation:

Total cost of production will be the total sum of the material costs, labor costs and indirect costs.

Indirect Costs

It was estimated that 12,000 machine hours would be used at a cost of $60 million.

Indirect cost per machine hour is;

= 60,000,000/12,000

= $5,000 per hour

With 200 machine hours, indirect cost is;

= 200 * 5,000

= $1,000,000

Total cost of production = 1,250,000 + 900,000 + 1,000,000

= $3,150,000

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3 years ago

The Coase Theorem states that

choli [55]

Answer:B. if transaction costs are low, private bargaining will result in an efficient solution to the problem of externalities.

Explanation:

The coarse theorem:

If there is a conflict between parties this will lead to an effecient results irrespective of who won the right to the property as long as the transaction cost related to the price negotiation is insignificant.

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3 years ago

Assume real per capita GDP in West Swimsuit is $10,000 while in East Quippanova it is $2,500. The annual growth rate in West Swi

Alex787 [66]

Answer:

correct option is B. about 30 years

Explanation:

given data

real per capita GDP west = $10,000

annual growth rate = 2.33%

real per capita GDP east = $2,500

annual growth rate = 7%

to find out

How many years will it take for East to catch up GDP of West

solution

we know here that future value is equal to real GDP of west after time will be

future value = real per capita GDP west × $rate^{t}$

future value = 10000 × $(1+0.0233)^{t}$ .....1

and

future value = real per capita GDP east × $rate^{t}$

future value = 2500 × $(1+0.07)^{t}$ .....2

compare equation 1 and 2

10000 × $(1+0.0233)^{t}$ = 2500 × $(1+0.07)^{t}$

4 $(1.0233)^{t}$ = $(1.07)^{t}$

t = about 30 years

so correct option is B. about 30 years

5 0

2 years ago

Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished g

Korolek [52]

Answer:

$\left[\begin{array}{ccc}-&Q2&Q3\\Sales&327,000&221,000\\Ending&132,600&153,600\\Beginning&196,200&132,600\\Production&263,400&242,000\\\end{array}\right]$

Explanation:

Ending: 60% of nex quearter

q3 221,000 x 60% = 132,600 ending of q2 (therefore beginning of q3

q4 256,000 x 60% = 153,600 ending of q3

begining of q2 is ending of q1 196,200

Production:

sales + desired ending inventory - beginning units

3 0

3 years ago

The roles of internal auditors​

The roles of internal auditors