Match the accounting terminology to the definitions. 1. Sarbanes-Oxley Act 2. Internal control 3. Encryption 4....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Match the accounting terminology to the definitions. 1. Sarbanes-Oxley Act 2. Internal control 3. Encryption 4. Separation of duties 5. Internal auditors a. Organizational plan and all the related measures adopted by an entity to safeguard assets, encourage employees to follow company policies, promote operational efficiency, and ensure accurate and reliable accounting records. b. Employees of the business who ensure that the company's employees are following company policies and meeting legal requirements and that operations are running efficiently. c. Rearranging plain-text messages by a mathematical process-the primary method of achieving security in e-commerce. d. Requires companies to review internal control and take responsibility for the accuracy and completeness of their financial reports. e. Dividing responsibilities between two or more people. Match the accounting terminology to the definitions. 1. Sarbanes-Oxley Act 2. Internal control 3. Encryption 4. Separation of duties 5. Internal auditors a. Organizational plan and all the related measures adopted by an entity to safeguard assets, encourage employees to follow company policies, promote operational efficiency, and ensure accurate and reliable accounting records. b. Employees of the business who ensure that the company's employees are following company policies and meeting legal requirements and that operations are running efficiently. c. Rearranging plain-text messages by a mathematical process-the primary method of achieving security in e-commerce. d. Requires companies to review internal control and take responsibility for the accuracy and completeness of their financial reports. e. Dividing responsibilities between two or more people.
Expert Answer:
Answer rating: 100% (QA)
1 SarbanesOxley Act d Requires companies to review internal control and take re... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Posted Date:
Students also viewed these accounting questions
-
A partnership involves an association between two or more persons to carry on a business as coowners for profit. Items 1 through 10 relate to partnership agreements. The statement of facts for Parts...
-
a. Accounting professionals must sometimes choose between two or more acceptable methods of accounting for business transactions and events. Explain why these situations can involve difficult matters...
-
Managers must often decide between two or more alternatives. Differential analysis is used in decision making. When using differential analysis, it is important to only include those amounts that are...
-
Your input file contains sentences. A sentence contains words seperated with one space or more spaces. And a sentence ends with a "." Symbol. Write appropriate lex code to create desired outputs....
-
What are the two variable overhead variances? What factors can affect each variance?
-
Rule up a suitable petty cash book with analysis for Office expense, Cleaning expense, motor expenses, casual labour. The cash float is Ns600 and the amount spent is reimbursed on 30 June 2019...
-
Explain the four phases of the Rapid Application Development (RAD) methodology. How do they differ from the traditional SDLC approach?
-
Notes Payable On December 1, 2007 Insto Photo Company purchased merchandise, invoice price $25,000, and issued a 12%, 120-day note to Ringo Chemicals Company. Insto uses the calendar year as its...
-
Feather Friends, Incorporated, distributes a high-quality wooden birdhouse that sells for $120 per unit. Variable expenses are $60.00 per unit, and fixed expenses total $180,000 per year. Its...
-
Nanoparticles (3 nm in diameter) of platinum with a total weight of 1 milligram are used in automobile catalytic converters to facilitate oxidation reactions. As Pt is an expensive metal, a method to...
-
Your company must make payments of $100,000 each year for 15 years, with the first payment to be made 5 years from today. To prepare for these payments, your company must make 15 equal annual...
-
To end conversations, North Americans often issue casual invitations to new acquaintances and even virtual strangers, such as Visit me when you come to Victoria, or Come on over anytime. However,...
-
Use five different websites to investigate three companies in your career field. Look at salary guides for your level of qualifications, product/service information, news articles about the...
-
Lets say you are a member of a campus business or sports club. Your organization has managed its finances well, and, therefore, it is able to fund monthly activities. However, membership dues are...
-
Using a cover letter you have written, review your online presence. What key words do you see in your social networking profiles? What job experience, education, and skills are highlighted? How can...
-
Practising the phone skills you learned in this chapter, leave your instructor a professional voice mail message. Prepare a mini-agenda before you call. Introduce yourself. If necessary, spell your...
-
Question 1 10 points a) Roots of a complex number lie on the vertices of a square of arm length 22. The diagonals intersect at the origin, and make an angle with the axes. Find the complex number. b)...
-
a. What is meant by the term tax haven? b. What are the desired characteristics for a country if it expects to be used as a tax haven? c. What are the advantages leading an MNE to use a tax haven...
-
The following statements relate to understanding todays business environment. ____ is a management philosophy that focuses on maintaining lean inventories while producing products as needed by the...
-
Pacific, Inc., is a technology consulting firm focused on Web site development and integration of Internet business applications. The president of the company expects to incur $775,000 of indirect...
-
Sloan Trailers' job cost records yielded the following information: Requirement 1. Use the dates in the table to identify the status of each job. Compute Sloan's cost of (a) Work in process inventory...
-
A nickel crystals work function is measured to be 5.22 eV at 25C. As the temperature increases by 300C, the work function drops by 50 meV. By how much does this shift the threshold wavelength for...
-
A crystal sample of bacteriorhodpsin, a light-sensitive protein found in halobacteria that responds to light energy, has crystal planes separated by 0.20 nm. If a beam of 11 keV x rays illuminates a...
-
Investigators have created structures consisting of linear chains of ionized atoms on a smooth surface. Electrons are restricted to travel along the chain. The energy levels of the electrons match...
Study smarter with the SolutionInn App