____________ _____________ is a processeffected by an entity's ...

[plus1]

____________ _____________ is a processeffected by an entity's board of directors, management, and other personneldesigned to provide reasonable assurance regarding achieving objectives in the following categories: efficiency and effectiveness of operations, reliability of reporting, and compliance with applicable laws and regulations.
 Fill in the blank(s) with correct word

Question 2

In governmental funds, governments must accrue interest on
 
  a. general long-term liabilities.
  b. general long-term liabilities, if the interest is paid in the first 60 days after year end.
  c. short-term debt of the fund.
  d. short-term debt of the fund, if the interest is paid in the first 60 days after year end.

[meltdown117]

Answer to Question 1

Internal control

Answer to Question 2

C

[plus1]

Thanks for the timely response, appreciate it

[tkempin]

Great answer, keep it coming