Using the following table as a guide, describe for each function (Figure): a. A risk (an event
Question:
a. A risk (an event or action that will cause the organization to fail to meet its goals/ objectives)
b. A control/ process or use of technology that will address therisk
Transcribed Image Text:
Controls and Tecnology Function Finance Accounts payable Risks ??? (debit) Accounts payable (credit) Cash disburse ments Accounts payable (debit) Cash (credit) Discounts taken (credit)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
Function Risks Controls and Technology Finance Nonoptimal cash balances too much too little Cash planning from before or at the same time that POs are ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Information Systems
ISBN: 978-1133935940
10th edition
Authors: Ulric J. Gelinas, Richard B. Dull
Question Posted:
Students also viewed these Accounting questions
-
Using the following table as a guide, describe for each function (Figure): a. A risk (an event or action that will cause the organization to fail to meet its goals/ objectives). b. A control/ process...
-
Using the following table as a guide, describe for each function (figure): a. A risk (an event or action that will cause the organization to fail to meet its goals/ objectives). b. A control/process...
-
Using the following table as a guide, describe for each function from Figure: a. A risk (an event or action that will cause the organization to fail to meet its goals/ objectives) b. A...
-
Why will a reduction in the real interest rate increase investment spending, other things equal?
-
A wall in a room is 108 inches tall and 132 inches wide. There is a painting on the wall that is 18 inches by 24 inches. If a tennis ball is accidentally flung at the wall, and the location where it...
-
1. Pop Corporation paid $100,000 cash for the net assets of Son Company, which consisted of the following: ___________________ Book Value ______________ Fair Value Current assets ........... $ 40,000...
-
What is meant by replanning? b d b a d a C
-
1. Lastovica Construction is insured under a commercial general liability (CGL) policy. The firm agreed to build a new manufacturing facility for the Smith Corporation. A heavy machine used by...
-
The balance sheet of River Electronics Corporation as of December 31, 2023, included 13.00% bonds having a face amount of $92.0 million. The bonds had been issued in 2016 and had a remaining discount...
-
Please conduct a job analysis for the position graduate student enrolled in a masters program in the general field of business. This job analysis may benefit from interviewing incumbents (i.e., other...
-
Control Plans A. Program change controls B. Independent validation of vendor invoices C. Access control software D. Batch control plans E. Compare input data with master data (e. g., vendor master...
-
There are many instances where controls may be implemented using manual processes or alternatively automated using technology. One example of this is a signature. It can be manual or digital....
-
In many poor countries, the banking system just isnt advanced enough to lend money for many large investments. Based on this single fact, where would you expect to see more entrepreneurs coming from...
-
Explain why a 40 percent across-the-board tax increase on businesses might harm consumers.
-
Who would pay a tax imposed on the supplier when the price elasticity of supply is inelastic and the price elasticity of demand is elastic?
-
What, if any, similarities are there among the theories of economics discussed in this chapter regarding the use of fiscal and monetary policies to stimulate real GDP?
-
Thermal resistance tests on 13 samples of Enterococcus hirae, present in milk, yield the following results in degrees Celsius: Another set of seven samples of milk was tested after pasteurization to...
-
Explain why two indifference curves cannot cross.
-
Describe Dresslars (1893) facial vision study and how the results were presented, and explain why he used three participants instead of just one.
-
MgO prevents premature evaporation of Al in a furnace by maintaining the aluminum as Al2O3. Another type of matrix modifier prevents loss of signal from the atom X that readily forms the molecular...
-
Diagonalize the Hamiltonian where \(a_{i}, a_{i}^{\dagger}\) are harmonic-oscillator creation/annihilation operators. +aja H 2 #1 = { {a}a; +ao] + [(a; +a}) (am + a}.}]}}, - (35.59) i=1
-
Indicate who you would include on a systems analysis project team in each of the following situations, and discuss fully the reasons why you would include each member you suggest.
-
The Eureka Company requests bids from vendors for specific configurations rather than bids for general performance objectives because it knows what it needs. Discuss fully.
-
The Eureka Company requests bids from vendors for specific configurations rather than bids for general performance objectives because it knows what it needs. Discuss fully.
-
Following are the issuances of stock transactions. 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. 2. A corporation issued 4,000 shares of no-par common stock to...
-
A client calls in to sell their entire long position (300 shares) of AAPL and wanted you to walk them through the process. While going through BPROS you notice they are also short 3 calls contracts...
-
You expect an after-tax rate of return of 28% on your investments. A target company earns $263,000 (after taxes, per year). What is the maximum amount you would be willing to pay for this company?
Study smarter with the SolutionInn App