subject
Business, 05.08.2019 20:10 Slay2020

Auditors must have an understanding of the various terms that relate to their consideration of internal control of an organization. for each term presented below, select the category that most clearly defines or includes the term. the categories may be selected once, more than once, or not at all. term 1. accounting information system 2. control environment 3. flowchart 4. controls over operating effectiveness 5.less severe than a material weakness 6. monitoring 7. questioniare 8. walkthrough 9. allows a reasonable possibility of a material misstatement 10. reasonable assurance. category a. generally of no concern to auditors b. control condition c. component of internal control d. documentation e. implemented f. material weakness g. test control h. significant deficiency i. relationship of costs and benefits

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 20:50
Lead time for one of your fastest-moving products is 20 days. demand during this period averages 90 units per day.a) what would be an appropriate reorder point? ) how does your answer change if demand during lead time doubles? ) how does your answer change if demand during lead time drops in half?
Answers: 1
question
Business, 23.06.2019 12:40
On january 1, a company issued and sold a $398,000, 6%, 10-year bond payable, and received proceeds of $393,000. interest is payable each june 30 and december 31. the company uses the straight-line method to amortize the discount. the journal entry to record the first interest payment is:
Answers: 2
question
Business, 23.06.2019 18:10
General widgets, inc., manufactures high-quality widgets. the widget industry is mature and few innovations occur. the widgets have to be built exactly according to particular specifications provided by customers. this requires the use of controlled processes and precise measurements. the company also needs to maintain high efficiency in its production process in order to meet the market demand. for this company, stability is more important than flexibility. which of the organizational cultures is best suited for general widgets? a.) clan culture b.) modern culture c.) hierarchy culture d.) market culture
Answers: 3
question
Business, 23.06.2019 20:10
Dera diamonds inc. is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its client from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. this is an example of
Answers: 1
You know the right answer?
Auditors must have an understanding of the various terms that relate to their consideration of inter...
Questions
question
Mathematics, 23.06.2019 15:30
Questions on the website: 13722360