COSO's ______________________________ is the entity's ...

[segrsyd]

COSO's ___________________ ___________ is the entity's identification and analysis of relevant risks to the achievement of its objectives, forming a basis for determining how the risks should be managed.
 Fill in the blank(s) with correct word

Question 2

In preparing the financial statements for January, the accountant for Team Shirts has compiled the following information:
 
  accounts receivable are 5,000; the amount estimated to be uncollectible is 3 of sales for the month; sales for the month were 43,000; and the balance in the allowance for uncollectible accounts is a positive 1,000. Using the sales method, the amount of bad debts expense for January is ________.
  A) 290
  B) 1,000
  C) 1,290
  D) 2,290

[Eunice618]

Answer to Question 1

risk assessment

Answer to Question 2

C