What controls should an organization implement if it wishes to become an investor in more complex financial
Question:
What controls should an organization implement if it wishes to become an investor in more complex financial instruments? Explain the purpose of each control.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (18 reviews)
The following controls have been suggested if an organization wishes to become an investor in the newer and more complex financial instruments Develop Corporate Policies and Procedures Companies shoul...View the full answer
Answered By
RADHIKA MEENAKAR
I am a qualified indian Company Secretary along with Masters in finance with over 6 plus years of professional experience. Apart from this i am a certified accounts and finance tutor on many online platforms.
My Linkedin profile link is here https://www.linkedin.com/in/radhika-meenakar-88b9808a/
5.00+
12+ Reviews
22+ Question Solved
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
Question Posted:
Students also viewed these Auditing questions
-
Explain the purpose of having mail room procedures.
-
Explain the purpose of project organization.
-
Explain the purpose of test counts and other inventory observations that the auditor notes while a physical inventory is being taken.
-
Francis and Peter are in a partnership sharing profits and losses in the ratio 3:2. The following is their trial balance as at 30 September 2020. particulars D ebit C redit Buildings (cost: RM...
-
Which of the major nondestructive inspection methods might you want to consider if you want to detect (1) surface flaws and (2) internal flaws in products made from each of the following materials?...
-
For Magdalen Industries, compute the net income before taxes and net profit (or loss). Taxes for the year were $1 million. Calculate the interest coverage and net profit ratio. Is the interest...
-
The time-dependent axial stress, \(\sigma_{x}(t)\) and the time-dependent circumferential stress, \(\sigma_{y}(t)\) in the wall of the filament-wound, thin-walled composite pressure vessel shown in...
-
A manager must decide which type of machine to buy, A, B, or C. Machine costs are as follows: Machine Cost A .........$ 40,000 B .........$ 30,000 C .........$ 80,000 Product forecasts and processing...
-
According to Wisner, "a process consists of a series of steps that turn inputs (such as experience, equipment, materials, time, and money) into outputs (goods, services, effective meetings, and...
-
The following matrix shows the payoffs for advertising game between Coke and Pepsi. The firms can choose to advertise or to not advertise. Number in the matrix represent profits; the first number in...
-
In what ways do the new types of financial instruments differ from traditional financial instruments? What additional risks are associated with such securities?
-
Multiple Choice Questions 1. XYZ Company concealed a cash shortage by transporting funds from one location to another and by converting negotiable instruments to cash. Which of the following audit...
-
Wain right Co. has identified an investment project with the following cash flows? What is the present value at 18 percent? At 24 percent? Year........................Cash Flow...
-
Review the news headlines for the last week. How many stories are related to health? Are these predominantly stories about health care or about public health, or both? To what extent is prevention of...
-
A wave pulse travels along a horizontal string. As the pulse passes a point on the string, the point moves vertically up and then back down again. How does the vertical speed of the point compare to...
-
a. Structural drivers help determine how society operates. For example, at the time of this writingjust 6 months after the 2020 election cyclelawmakers in 47 states have introduced nearly 400 bills...
-
Before the COVID-19 crisis, a survey of office workers by 451 Research showed that 67% of employees worked from home at least some of the time but only 13% worked from home fulltime. When the...
-
Creativity is affectively charged, and complex cognitive processes are shaped by both emotions and moods. Creativity may be particularly susceptible to affective influence, mainly because positive...
-
As a team or individually, choose a commercial productsuch as computer chips, flour, paint, or equipmentand research and analyze its foreign-market potential. Report your findings to the class.
-
Catherine (aged 42) and Johnson (aged 45) have been married for 12 years. Johnson is a project manager of an event company at a monthly salary of $55,000 with an additional one-month salary of...
-
How many lines does this code output? A. One. B. Two. C. Three. D. None. The code does not compile. E. None. The code throws an exception at runtime. 1: import java.util.*; 2: 3: 4: 5: 6: 7: 8: 9:...
-
A realtor sold a house on August 31, 1997, for $150,000 to a buyer in which a 20% down payment was made. The buyer took a 15-year mortgage on the property with an effective interest rate of 8% per...
-
To provide for a college education for his daughter, a man opened an escrow account in which equal deposits were made. The first deposit was made on January 1, 1981, and the last deposit was made on...
-
Develop a complete amortization table for a loan of $4500, to be paid back in 24 uniform monthly installments, based on an interest rate of 6%. The amortization table must include the following...
-
John Adams plans to retire at the age of 62. He wants an annual income of $60,000 per year. John is currently 45 years of age. How much does he have to place at the beginning of each year into a...
-
Assume that four years and one month from today you plan to make the first of several annual withdrawals from an account. Your first withdrawal will equal $1000. You plan for these withdrawals to...
-
If I borrowed 15,000 in student loans at an annual interest of 7%. and then repay $1800 per year, then how long will it take me to repay the loan?
Study smarter with the SolutionInn App