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Author Question: ______________________________ is a process, effected by an entity's board of directors, management ... (Read 53 times)

washai

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___________________ ___________ is a process, effected by an entity's board of directors, management and other personnel, applied in strategy settings and across the enterprise, designed to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives.
 Fill in the blank(s) with correct word

Question 2

On November 27, Acme, Inc ordered merchandise from Zenith Company. Zenith shipped the merchandise to Acme on November 29, FOB shipping point. The merchandise arrived at Acme's warehouse on December 1. Acme paid for the merchandise on January 2.
 
  When should Zenith recognize revenue?
  A) November 27
  B) November 29
  C) December 1
  D) January 2



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mcarey591

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Answer to Question 1

Enterprise Risk Management
Enterprise Risk Management (ERM)
ERM

Answer to Question 2

B




washai

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review


bimper21

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Reply 3 on: Yesterday
Excellent

 

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