Which of the following is not considered part of a company's "Monitoring"activities (as defined by COSO)?...
Which of the following is not considered part of a company's "Monitoring"activities (as defined by COSO)?
I. Regluar management & supervisory activities.
II. Monthly reports of activities or performance.
III. Fraud prevention & detection activities.
IV. Annual performance reviews.
a. Only I and IV are not a part of monitoring activities.
b. Only I and III are not a part of monitoring activities.
c. Only II and III are not part of moiitoring activities.
d. None of the above (all listed activities are part of monitoring)
Homework Answers
Ans: The correct option for the answer is option D i.e. None of the Above (all listed activities are part of monitoring)
Regular management & supervisory activities, Monthly reports of activities or performance, Fraud prevention & detection activities , Annual performance reviews. these are part of monitoring activities
Add Answer to:
Which of the following is not considered part of a company's
"Monitoring"activities (as defined by COSO)?...
please i need help dont know is thats the correct answer Which of the following are...
please i need help dont know is thats the correct answer
Which of the following are considered objectives of internal controls? I. Compliance with applicable laws and regulations II. Prevention or detection and timely correction of errors and fraud EII. Accurate and reliable financial reporting O a. I, II, and III. b. I and III only. O c. II and III only. O d. I and II only.
1. Consider the following statements: I. Per COSO, Control Activities are the policies and procedures...
1. Consider the following statements: I. Per COSO, Control Activities are the policies and procedures that help insure that management’s directives are carried out. II. A Reliance Strategy is used when control risk is considered High. a. I is true; II is true b. I is true; II is false c. I is false; II is true d. I is false; II is false 2. Management's attitude toward aggressive financial reporting and its...
Sodoo Which of the following departments is not part of the revenue cycle? Billing department Sales...
Sodoo Which of the following departments is not part of the revenue cycle? Billing department Sales department Shipping department Accounts payable department The payroll function adds to organisational success by: (i) ensuring that employees are paid in a timely and accurate manner (ii) ensuring high morale and confidence in staff (iii) complying with all legislative requirements (iv) controlling salary and wage costs. (i) only (i) (iv) only (i)(iii) only (i)(ii) (iii) (iv) 3. The general ledger and financial reporting cycle...
What answers should I choose from Q1 to Q5? 1) Which of the following could be...
What answers should I choose
from Q1 to Q5?
1) Which of the following could be examples of controls in an airline's online reservation system? (0) A message asking for confirmation of chosen flight dates, (ii) a link to a web page of an affiliated car rental company, (iii) a page seeking confirmation of payment details, (iv) a message informing the buyer that no flights are available at the chosen time, (v) a pop-up screen which appears once the transaction...
MULTIPLE CHOICE 1) Which of the following is NOT an investment as defined in the text?...
MULTIPLE CHOICE 1) Which of the following is NOT an investment as defined in the text? A) a certificate of deposit issued by a bank B) a new automobile C) a United States Saving Bond D) a mutual fund held in a retirement account 2) Which of the following is NOT traded in the securities markets? A) stocks B) bonds C) derivatives D) real estate 3) The governmental agency that oversees the capital markets is the A) Federal Trade Commission....
1.Which of the following statements is TRUE: i) Internal audit’s role is to assess if financial...
1.Which of the following statements is TRUE: i) Internal audit’s role is to assess if financial statements are true and fair ii)External auditors are responsible for the identification of all fraud iii)Internal auditors report their audit opinions to shareholders a)i and ii only b)i and iii only c)ii and iii d)None of the above 2.Ruby, an external auditor, has been asked by the Finance Director of Aberdeen Ltd. if she will be the company’s external auditor. Before agreeing to the...
Date 04/18/2019 GOOD LUCK! Instructions: READ CAREFULLY and answer the following questions and problems, there is...
Date 04/18/2019 GOOD LUCK! Instructions: READ CAREFULLY and answer the following questions and problems, there is only one BEST answer for the multiple choice questions CELLS PHONE ON THE TABLE Part 1 are used to express the reason of being. a. Core competencies b. Mission statements c. Policy manuals e. company quantitative objectives d. Codes of conduct 2. Which of the following is not an input to the strategic planning process? a. Company culture b. Company resourcesc. Customers d. Company...
6) Which of the following statements concerning the constant-growth dividend valuation model is (ar) correct 1....
6) Which of the following statements concerning the constant-growth dividend valuation model is (ar) correct 1. One simple method of estimating the dividend growth rate is to analyze the historical paltem of dividends II. The expected total return equals the return from capital gains plus the return from dividends TIL. The model is applicable to growth firms with initially high growth rates. IV. The intrinsic value calculated using this method can change from one investor to another if their risk-return...
7) Which of the following is true about the real rate and nominal rate? a) The...
7) Which of the following is true about the real rate and nominal rate? a) The real rate is always larger than the nominal rate b) A real interest rate can be approximated by nominal rate minus the risk-free rate c) The real rate is always smaller than the nominal rate d) A real interest rate can be approximated by nominal rate minus the expected inflation rate 8) If a financial product requires an initial investment of $200 now, pays...
please i need help dont know is thats the correct answer
Which of the following are considered objectives of internal controls? I. Compliance with applicable laws and regulations II. Prevention or detection and timely correction of errors and fraud EII. Accurate and reliable financial reporting O a. I, II, and III. b. I and III only. O c. II and III only. O d. I and II only.
Sodoo Which of the following departments is not part of the revenue cycle? Billing department Sales department Shipping department Accounts payable department The payroll function adds to organisational success by: (i) ensuring that employees are paid in a timely and accurate manner (ii) ensuring high morale and confidence in staff (iii) complying with all legislative requirements (iv) controlling salary and wage costs. (i) only (i) (iv) only (i)(iii) only (i)(ii) (iii) (iv) 3. The general ledger and financial reporting cycle...
What answers should I choose
from Q1 to Q5?
1) Which of the following could be examples of controls in an airline's online reservation system? (0) A message asking for confirmation of chosen flight dates, (ii) a link to a web page of an affiliated car rental company, (iii) a page seeking confirmation of payment details, (iv) a message informing the buyer that no flights are available at the chosen time, (v) a pop-up screen which appears once the transaction...
Date 04/18/2019 GOOD LUCK! Instructions: READ CAREFULLY and answer the following questions and problems, there is only one BEST answer for the multiple choice questions CELLS PHONE ON THE TABLE Part 1 are used to express the reason of being. a. Core competencies b. Mission statements c. Policy manuals e. company quantitative objectives d. Codes of conduct 2. Which of the following is not an input to the strategic planning process? a. Company culture b. Company resourcesc. Customers d. Company...
6) Which of the following statements concerning the constant-growth dividend valuation model is (ar) correct 1. One simple method of estimating the dividend growth rate is to analyze the historical paltem of dividends II. The expected total return equals the return from capital gains plus the return from dividends TIL. The model is applicable to growth firms with initially high growth rates. IV. The intrinsic value calculated using this method can change from one investor to another if their risk-return...
Most questions answered within 3 hours.
-
In winter a lake has a 0.35 m thick ice layer over 1.10 m of
water....
asked 48 minutes ago -
Assuming the following has been encrypted with a Vigenere cipher
below, use the method(s) and assumptions...
asked 1 hour ago -
How would I use switch statements to write a program that will
take an input of...
asked 1 hour ago -
Imagine a reaction in which methane gas combusts at a constant
pressure of 1 atm and...
asked 1 hour ago -
Two parallel wires (each 12 m in length) are separated by a
distance of 0.065 m...
asked 1 hour ago -
Suppose there were three masses at the corner of uniform
equilateral triangle. The masses are m1...
asked 1 hour ago -
Situation: A building that is 618 m above the ground floor. How
many times would a...
asked 1 hour ago -
help me and discuss one successful and one
unsuccessful international company/busines in Indonesia.whyit
succeed and why...
asked 1 hour ago -
I- Choose the best answer
Which of the following statements about the structure and
packaging of...
asked 1 hour ago -
1. A sample of 144 incoming freshman found that 45 of them
scored more than 550...
asked 1 hour ago -
Kc is 2.35 × 1018 at 25 °C for the formation of iron(III)
oxalate complex ion....
asked 1 hour ago -
Team Values – Discuss as a team what values are important.
Develop a statement or itemised...
asked 1 hour ago