Author Question: The major reasons for exercising control of the organization's business processes include: a. to ... (Read 149 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
The major reasons for exercising control of the organization's business processes include:
 a. to provide reasonable assurance that the goals of the business are being achieved
  b. to mitigate risks of fraud and other intentional and unintentional acts
  c. to provide reasonable assurance that the company is in compliance with applicable legal and regulatory obligations
  d. all of the above

Question 2

The three basic elements of the income statement are ________.
 
  A) operating activities, investing activities, and financing activities
  B) assets, liabilities, and shareholders' equity
  C) revenues, expenses, and net income or loss
  D) retained earnings, net income, and dividends



trog

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library