Which of the following is not an element of internal control? a. Control environment b. Monitoring c.
Question:
Which of the following is not an element of internal control?
a. Control environment
b. Monitoring
c. Compliance with laws and regulations
d. Control procedures
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
c Compliance with laws and regulations answer c is an ...View the full answer
Answered By
Simon kingori
I am a tier-one market researcher and content developer who has been in this field for the last six years. I’ve run the freelancing gamut; from market research, data mining and SEO/SMM to copywriting, Content Development, you name it, I’ve done it. I’m extremely motivated, organized and disciplined – you have to be to work from home. My experience in Freelancing is invaluable- but what makes me a cut above the rest is my passion to deliver quality results to all my clients- it’s important to note, I've never had a dissatisfied client. Backed by a Masters degree in Computer Science from MOI university, I have the required skill set and burning passion and desire to deliver the best results for my clients. This is the reason why I am a cut above the rest. Having taken a Bsc. in computer science and statistics, I deal with all round fields in the IT category. It is a field i enjoy working in as it is dynamic and new things present themselves every day for research and exploration.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
Question Posted:
Students also viewed these Business questions
-
Multiple Choice 1. An auditors primary consideration regarding an entitys internal controls is whether they a. Prevent management override. b. Relate to the control environment. c. Reflect...
-
2. Build a regression model for the weight and height of women using the built-in Women dataset. What is the slope and intercept of the fitted line? a) Print the summary of the regression model. b)...
-
1. Internal accounting controls are not designed to provide reasonable assurance that a. Transactions are executed in accordance with managements authorization. b. Irregularities will be eliminated....
-
8 for 0 < < 6 for 6
-
Can pregnancy in a woman with Multiple Sclerosis harm the unborn child?
-
The local drivers license center processes applications for drivers license renewals through the following three steps. First, the customer registers with the receptionist, who updates the customers...
-
Using a CPU that runs an operating system that uses RMS, try to get the CPU utilization up to 100%. Vary the data arrival times to test the robustness of the system.
-
On January 1, the wholly-owned Mexican affiliate of a Canadian parent company acquired an inventory of computer hard drives for its assembly operation. The cost incurred was 15,000,000 pesos when the...
-
Suppose that Karen deposits $400 into her checking account at the bank. The reserve requirement for Karen's bank is 9%. Assume the bank does not want to hold any excess reserves of new deposits. a....
-
The following data related to the bank account of Apex Company were gathered on December 31, 20Y9, the end of the fiscal year: The following additional information was provided to help reconcile the...
-
The bank statement for Urethane Company for June 30, 20Y2, indicates a balance of $9,293.11. All cash receipts are deposited each evening in a night depository, after banking hours. The accounting...
-
What is the importance of primary authority?
-
Truffles, Inc. is a chocolate store. This year, it sells a chocolate tempering machine that qualifies as a 1231 asset for $60,000. Truffles purchased the machine two years ago for $50,000, has taken...
-
The management of a supermarket wanted to check the effect of the number of commercials broadcast on local radio (X) on the gross sales (in million of dollars) at the store (Y). The management...
-
Discuss how an asset's cost is determined, as well as two methods of depreciation. Provide an example of an asset that would be depreciated, and demonstrate how the expense would be calculated and...
-
It's key for an attorney to kick off a client relationship on the right note, and how they manage information is a big part of that. Think about the initial steps an attorney might take to ensure...
-
What is the formal system and sound formal system. Make an explanation with examples
-
Thin lenses. Object O stands on the central axis of a thin symmetric lens. For this situation, each problem in Table 34-6 gives object distance p (centimeters), the type of lens (C stands for...
-
F.(3e* -2x 3 sin(2x)) is equal to 2 3 Cos 8. IT 3, t (4+@ 2 3, 1+o 1 4 Cos 4 4 1 3. 1 +4cos V7 (1+o 4 1 4 Cos 4 1+0 4-
-
On the first day of the fiscal year, a company issues $55,000, 9%, five-year installment notes that have annual payments of $ 14,140. The first note payment consists of $4,950 of interest and $9,190...
-
Katula Company reported the following on the company's income statement in 2012 and 2011: a. Determine the number of times interest charges were earned for 2011 and 2012. Round to on decimal place.b....
-
March Products, Inc., reported the following on the company's income statement in 2012 and 2011: a. Determine the number of times interest charges were earned for 2011 and 2012, Round to one decimal...
-
Marin Company produces two software products (Cloud-x and Cloud-r) in two separate departments (A and B). Inese products are highly regarded network maintenance programs. Cloud-X is used for small...
-
A 791 kg car is moving at 18.3 m/s on a flat area. The engine creates a 52.0 N forward force as the car moves 22.4 m. What is the final kinetic energy of the car? KE = [ ? ] ]
-
What is HPLC Or described categories in detail.
Study smarter with the SolutionInn App