This topic contains a solution. Click here to go to the answer

Author Question: Which of the following best describes the purpose of control activities? (Read 30 times)

Darron12

  • Full Member
  • ***
  • Posts: 158

Question 1

Which of the following best describes an entity's accounting information and communication system?

Monitor 
transactions
Record and 
process 
transactions
Initiate transactions
YesYesYes


Monitor 
transactions
Record and 
process 
transactions
Initiate transactions
NoNoNo


Monitor 
transactions
Record and 
process 
transactions
Initiate transactions
YesNoNo


Monitor 
transactions
Record and 
process 
transactions
Initiate transactions
NoYesYes


Question 2

Which of the following best describes the purpose of control activities?
◦ the actions, policies and procedures that reflect the overall attitudes of management
◦ the identification and analysis of risks relevant to the preparation of financial statements
◦ the policies and procedures that help ensure that necessary actions are taken to address risks to the achievement of the entity's objectives
◦ activities that deal with the ongoing assessment of the quality of internal control by management


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Darron12 on Aug 21, 2022

mgranuc

  • Full Member
  • ***
  • Posts: 145
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




Darron12

  • Member
  • Posts: 158
Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library