If detective controls signal errors, why shouldnt they automatically make a correction to the identified error? Why
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (10 reviews)
For any detected error more than one feasible corre...View the full answer
Answered By
Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
5.00+
13+ Reviews
32+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
If detective controls signal error flags. Why shouldnt these types of controls automatically make a correct in the identified error? Why are corrective controls necessary?
-
Are environmental controls preventive or detective/corrective? Explain.
-
The Mountain Top Resort Community is an elegant, thriving four-season resort and community of over 1,200 single family homes, 1,000 time-share units, and a multi-million-dollar ski business. Guests...
-
9) The mole (Avogadro number N) is defined as the number of atoms in exactly 12 grams of 2C, calculate the: a) number of atoms in 2 g of C b) number of atoms in 5 g of C
-
The A. C. Nielsen Company collects data on the TV viewing habits of Americans and publishes the information in Nielsen Report on Television. Suppose that you want to use a paired sample to decide...
-
Download the full data set of measurements of cockpit noise level for a commercial jet airliner from the OLC (only six data values are shown). (a) Use Excel to make a scatter plot, placing Airspeed...
-
Graph the heat loss per unit length from the solar collector of Problem 9.76 over the range \(0.1 \leq D_{o} \leq 0.25\mathrm{~m}\) assuming (i) conduction heat transfer across the annular space and...
-
Taser Consulting is a consulting firm owned and operated by Annamarie Phipps. The following end-of-period spreadsheet was prepared for the year ended October 31, 2018: Based on the preceding...
-
Assume that you are the leadership team of a convenience store chain that has more than 300 outlets. The company is facing an inventory shrinkage problem, and store managers report that the main...
-
This diagram shows an example of memory configuration under dynamic partitioning, after a number of placement and swapping-out operations have been carried out. Addresses go from left to right; gray...
-
How has the Foreign Corrupt Practices Act of 1977 had a significant impact on organization management?
-
Most accounting firms allow married employees to work for the firm. However, they do not allow an employee to remain working for them if he or she marries an employee of one of their auditing...
-
Wish, Inc., a 501(c)(3) organization, pays unreasonable compensation to Renata, the treasurer of Wish. Renatas compensation is $600,000. Assume that reasonable compensation would be $500,000. a....
-
Please use Excel formulas to find the missing yellow fields and subsequently provide a breakeven analysis. Questions are: 1. Determine Total Sales 2. Determine Total Expenses 3. For Breakeven...
-
Ms. Frank is planning for a 25-year retirement period and wishes to withdraw a portion of her savings at the end of each year. She plans to withdraw $10,000 at the end of the first year, and then to...
-
Yummy Bunny Pastries Case Study, Bunny Frank's pastry business has been doing well since you helped her understand the role of production management in a successful business. Her output and sales...
-
Explain the difference between visionary leadership and transactional leadership ?
-
what other areas of life does self worth and self efficacy affect? Explain
-
In Exercises 4950, solve each system for x and y, expressing either value in terms of a or b, if necessary. Assume that a 0 and b 0. [5ax + 4y = 17 ax + 7y = 22
-
Compare and contrast debt financing and equity financing as ways of starting a new business. Does one have an overall advantage over the other? What situation is more favorable to the use of debt...
-
Why s EDI devised?
-
What types of unique control problems are created by the use of PC accounting systems?
-
Where in the cash receipts process does supervision play an important role?
-
(a) A worker stands a distance d = 0.475 m from the left end of a board as shown in the figure. The board is supported by three lines. Find the tension in each line (in N). Assume the board is...
-
A 1 540-kg automobile has a wheel base (the distance between the axles) of 2.80 m. The automobile's center of mass is on the centerline at a point 1.00 m behind the front axle. Find the force exerted...
-
The eye of a hurricane passes over Grand Bahama Island in a direction 60.0 north of west with a speed of 42.0 km/h. Three hours later, the course of the hurricane suddenly shifts due north, and its...
Study smarter with the SolutionInn App