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Author Question: According to COBIT, IT resources must be managed by IT control processes to ensure that an ... (Read 211 times)

tiara099

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on: Jul 5, 2018
According to COBIT, IT resources must be managed by IT control processes to ensure that an organization has the information it needs to achieve its objectives.
  Indicate whether the statement is true or false

Question 2

On May 1, Counts, Inc has a balance of 1,000 in office supplies. During May, the company pays 500 for more supplies. On May 31, the company counts the supplies and finds 200 of supplies remaining.
 
  What will the company report on its statement of cash flows for the month of May?
  A) Supplies expense of 500
  B) Supplies of 500
  C) Cash paid for supplies of (500)
  D) Accounts payable of 500


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chevyboi1976

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Reply #1 on: Jul 5, 2018
Answer to Question 1

T

Answer to Question 2

C


tiara099

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Reply #2 on: Jul 5, 2018
Thank you


chevyboi1976

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Reply #3 on: Jul 5, 2018
No problemo


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