Homework Answers
FALSE.
Software Packages are used to support the core systems necessary to support the enterprise where as internal control process is designed to regulate/Monitor the policies designed by the management of the entity and comply with the rules and regulations.
These regulations should be periodically monitored and in case of any deficiencies a new control process has to placed.
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Internal control is a process that can be used for the core systems necessary to support...
Explain how the two listed types of campaign process and systems can be used to support...
Explain how the two listed types of campaign process and systems can be used to support advocacy. Eletronic campaigning Policy/ institutional change ( or advocacy) campaigning
Conversion costs. H ULY. 27) Process costing systems are commonly used by systems are commonly used...
Conversion costs. H ULY. 27) Process costing systems are commonly used by systems are commonly used by companies that produce a large volume of standardized units on a continuous basis. A) True B) False 28) Managerial accounting provides financial and nonfinancial information to an organization's managers and other internal decision makers. A) True B) False 29) Equivalent units of production refer to the number of units that could have been started and completed given the costs incurred during the period....
14. often need ADC and DAC Digital control systems Analog control systems Both digital and analog...
14. often need ADC and DAC Digital control systems Analog control systems Both digital and analog systems None of the above 15. Analog control systems are more robust as compared to digital control systems True False 16. Analog control systems have better security True False 17. Analog controller has faster response time compared to digital controller True False manner 18. Digital control systems can be implemented in Centralized Distributed Both centralized and distributed 19. Cruise control in modern cars is...
Standard costing can be used for both job order and process costing systems. True False Due...
Standard costing can be used for both job order and process costing systems. True False Due to the nature of the procedures involved, service companies do not use standard costing. True False Due to the nature of the procedures involved, service companies do not use standard costing. True False Under standard costing, the inventory account balance may not actually reflect the true costs incurred to acquire the inventory. True False
question # 41 Indicate whether the following statement regarding internal control is true or false. Computer...
question # 41 Indicate whether the following statement regarding internal control is true or false. Computer systems have eliminated the need for internal controls in business True or False True False
TB 07-37 It is not necessary for businesses to reconc... It is not necessary for businesses...
TB 07-37 It is not necessary for businesses to reconc... It is not necessary for businesses to reconcile their chequing accounts since banks keep accurate records and provide internal control support for cash. True or False TrueFalse
1) Internal controls are used to provide reasonable assurance that the objectives of an enterprise will be accompli...
1) Internal controls are used to provide reasonable assurance that the objectives of an enterprise will be accomplished A) True B) False
Which of the following is used at the enterprise level to administrate multiple systems (remote control,...
Which of the following is used at the enterprise level to administrate multiple systems (remote control, patch management, software distribution, etc)? a Puppet b. SCCM c. Nagios d. a and b e. all of the above
When designing PLC-based process control systems, what are the differences between {1/0, On/Off, Close/Open, High/Low} and...
When designing PLC-based process control systems, what are the differences between {1/0, On/Off, Close/Open, High/Low} and {True/False}?
Internal control ________. A. relates only to a client’s IT systems B. relates to the efficiency of the inte...
Internal control ________. A. relates only to a client’s IT systems B. relates to the efficiency of the internal audit function C. is a very broad concept and can encompass all of the elements of an organization D. is unrelated to the audit
Conversion costs. H ULY. 27) Process costing systems are commonly used by systems are commonly used by companies that produce a large volume of standardized units on a continuous basis. A) True B) False 28) Managerial accounting provides financial and nonfinancial information to an organization's managers and other internal decision makers. A) True B) False 29) Equivalent units of production refer to the number of units that could have been started and completed given the costs incurred during the period....
14. often need ADC and DAC Digital control systems Analog control systems Both digital and analog systems None of the above 15. Analog control systems are more robust as compared to digital control systems True False 16. Analog control systems have better security True False 17. Analog controller has faster response time compared to digital controller True False manner 18. Digital control systems can be implemented in Centralized Distributed Both centralized and distributed 19. Cruise control in modern cars is...
question # 41 Indicate whether the following statement regarding internal control is true or false. Computer systems have eliminated the need for internal controls in business True or False True False
1) Internal controls are used to provide reasonable assurance that the objectives of an enterprise will be accomplished A) True B) False
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