Identify the five components of a good internal control system.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
The five components of a good inte...View the full answer
Answered By
Shem Ongek
I am a professional who has the highest levels of self-motivation. Additionally, I am always angled at ensuring that my clients get the best of the quality work possible within the deadline. Additionally, I write high quality business papers, generate quality feedback with more focus being on the accounting analysis. I additionally have helped various students here in the past with their research papers which made them move from the C grade to an A-grade. You can trust me 100% with your work and for sure I will handle your papers as if it were my assignment. That is the kind of professionalism that I swore to operate within. I think when rating the quality of my work, 98% of the students I work for always come back with more work which therefore makes me to be just the right person to handle your paper.
4.80+
174+ Reviews
426+ Question Solved
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Question Posted:
Students also viewed these Cost Accounting questions
-
Identify and describe the five components of a good internal control system.
-
Identify the five components of pension expense. Briefly explain the nature of each component.
-
Identify the five components of an organizations internal control.
-
In Problems 530, a. Classify the sequences as arithmetic, geometric, Fibonacci, or none of these. b. If arithmetic, give d; if geometric, give r; if Fibonacci, give the first two terms; and if none...
-
Determine by direct integration the centroid of the area shown. Express your answer in terms of a and b. 2- kgr
-
Describe the three main alternative locations for trading within the electronic marketplace.
-
In recording credit card sales, when do you debit Accounts Receivable and when do you debit Cash?
-
Ottey Corporation issued $4 million of 10-year, 7% callable convertible subordinated debentures on January 2, 2017. The debentures have a face value of $1,000, with interest payable annually. The...
-
Find the expected value for the random variable X. X -3 1 3 9 12 P(X = x) 0.22 0.14 0.23 0.2 0.21 3.8 2.69 4.35 O 1.97 4.49 5.15
-
A current problem in the U.S. Army is the neck/shoulder fatigue experienced by helicopter pilots. To be able to fly missions at night, the pilots wear night vision goggles, which are attached to the...
-
Fraud experts often say that there are three primary factors that contribute to employee fraud. Identify the three factors and explain what is meant by each.
-
Discuss how the Sarbanes-Oxley Act has increased the importance of internal control to top managers of a company.
-
For light at a wavelength of 1 = 656.3 nm water (at 20 C) has an index of n 1 = 1.3311. At a wavelength of 2 = 89.3 nm water has an index of n 2 = 1.333 0. Determine the approximate value of the...
-
Explain why CSMA/CD is not needed on a full-duplex LAN.
-
Calvin Johnson has a $5,000 debt balance on his Visa card that charges 13.4 percent APR compounded monthly. In 2009, Calvin's minimum monthly payment is 4 percent of his debt balance, which is $200....
-
Precise Machinery is analyzing a proposed project. The company expects to sell 4,000 units, give or take 5 percent. The expected variable cost per unit is $221.00 and expected fixed costs are...
-
Delta Company produces a single product. The cost of producing and selling a single unit of this product at the company's normal activity level of 98,400 units per year is: Direct materials Direct...
-
Can you elaborate on the concept of credit risk transfer mechanisms such as credit default swaps (CDS) and collateralized debt obligations (CDOs), elucidating their role in the securitization process...
-
All transistors in the current-source circuit shown in Figure 3.49 (b) in the text have parameters \(V_{T P}=-0.4 \mathrm{~V}, k_{p}^{\prime}=50 \mu \mathrm{A} / \mathrm{V}^{2}\), and \(\lambda=0\)....
-
Suppose you are comparing just two means. Among the possible statistics you could use is the difference in means, the MAD, or the max min (the difference between the largest mean and the smallest...
-
What is the purpose of a candidate key?
-
The following accounts are taken from the ledger of Angulo Company at December 31, 2012.Prepare a trial balance in goodform. Notes Payable $20,000 28,000 Cash $ 6,000 6,000 4.000 3,000 11,000 200 101...
-
Johan Aslata has prepared the following list of statements about accounts. 1. An account is an accounting record of either a specific asset or a specific liability. 2. An account shows only...
-
Selected transactions for M. Anderson, an interior decorator, in her first month of business, are as follows.Jan. 2 Invested $10,000 cash in business.3 Purchased used car for $4,000 cash for use in...
-
What is a good way to improve efficiency and accuracy in the registration process? a. Email audit results to staff members with instructions to improve. Training takes up too much time. b. Scan a...
-
Should Burton pursue both the thermowell machine purchase and the EE acquisition? Why or why not
-
The work sheet: multiple choice eliminates any need for an audit of the financial statements. is often made available to external decision makers. aids in the preparation of financial statements....
Study smarter with the SolutionInn App