Identify the four types of control activities and describe how each type contributes to effective internal control.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
The four types of control activities are 1 performance review 2 in...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
Question Posted:
Students also viewed these Auditing questions
-
Identify the four types of planning. Suppose you planned a barbeque with your friends. When you woke up on the morning of the party, it was pouring rain. What type of planning would help you to deal...
-
Identify the four types of adjusting entries and explain why each type is necessary.
-
Identify the four types of major financial markets.
-
Addison, Inc. makes a single product, an indoor fireplace. Data for last year is as follows: Selling price per fireplace Manufacturing costs: Variable per unit produced: Direct materials Direct labor...
-
A candy maker making taffy apples decides to use 100 kg of large apples rather than 100 kg of small apples. Will the candy maker need to make more or less taffy to cover the apples?
-
Describe some demand management techniques that are used when demand exceeds capacity, and when capacity exceeds demand. Your university has periods of time when both of these situations exist. What...
-
Discuss the sampling strategy and technique used to access the appropriate sample. Develop a hypothetical research scenario that would necessitate the use of a Solomon N-Group Design. The research...
-
Required Tasks: 1. Prepare a descriptive analysis of the data using charts, graphs, and numerical measures. 2. Construct and interpret a 95% confidence interval estimate for the mean weight for male...
-
Presented below is selected information related to Li Fashions at December 31, 2020. Li reports financial information monthly. Equipment Cash Service Revenue Rent Expense Accounts Payable HK$10,000...
-
Parent and Child Corporations have filed on a consolidated basis since the mid-1970s. The group reports the following amounts for the current tax year. What is the Parent groups net operating loss...
-
What is internal control? Discuss.
-
One basic concept of internal control is that no one employee should handle all aspects of a transaction. Assuming that a general category of transactions has been authorized by top management, how...
-
What is the slope of a line that is perpendicular to the line whose equation is Ax + By + C = 0, A 0 and B 0?
-
What is the equivalent expression to the following code using array bracket notation: *(x+10) = 'g'?"
-
You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.40 = 1.00 and the dollar-pound exchange rate is quoted at $1.65 = 1.00. If a bank quotes you a...
-
Sold merchandise $32,000 on credit to Bongo Natty Bought merchandise $25,000 on credit from Kings World Paid for office expenses $7,000 by cheque May 21 May 22 May 25 May 26 Paid wages $35,000 by...
-
A fire has destroyed a large percentage of the financial records of the Excandesco Company. You have the task of piecing together information in order to release a financial report. You have found...
-
Washington Beltway is consulting firm financed entirely by common stock and has 15M shares outstanding with a price of $2 per share. It earnings per share are $0.20 and it has a required return on...
-
Describe situations in which (a) A team role analysis and (b) A sociogram would be relevant to improve a groups functioning. How would you apply these two techniques? How would you use the results?
-
President Lee Coone has asked you to continue planning for an integrated corporate NDAS network. Ultimately, this network will link all the offices with the Tampa head office and become the...
-
Evaluate yourself with regard to each of the practices listed in the table below. Circle the appropriate number for each. Add up your score and consider the following advice: Write three goals you...
-
A CPA is allowed to advertise as long as the advertising is not false, misleading, or deceptive. Provide three examples of advertising that might be considered false, misleading, or deceptive. Why...
-
What is the purpose of a CPA firms establishing a system of quality control? List the six elements of quality control and provide one example of a policy or procedure that can be used to fulfill each...
-
How are the roles of the PCAOB inspection program and the AICPA peer review program similar, and how are they different?
-
Calculate the test statistic and p-value for each sample. Use Appendix C-2 to calculate the p-value. (Negative values should be indicated by a minus sign. Round your test statistic to 3 decimal...
-
Derek will deposit $849.00 per year for 12.00 years into an account that earns 8.00%. The first deposit is made today. How much will be in the account 12.0 years from today? Note that he makes 12.0...
-
What is the value today of a money machine that will pay $1,340.00 every six months for 16.00 years? Assume the first payment is made 1.00 years from today and the interest rate is 14.00%. What is...
Study smarter with the SolutionInn App