User Account

All Pages

Describe the internal control as preventive

Assignment Help Accounting Basics
Reference no: EM131764183

Risk Analysis and Internal Controls

Read the case of Richmond Inc. in Chapter 14, End of Chapter Activity 10 (f).

Identify and describe at least three risks.Specify the risk, then identify the sub-category of Brown's Taxonomy. For each risk, suggest two

Internal controls to address it.Describe the internal control as Preventive, Detective or Corrective.Organize your answer in a Risk/Control Matrix.

Reference no: EM131764183

Questions Cloud

Discuss about the thermostat manufacturer claim : During the winter months, outside temperatures at the Starneses' cabin in Colorado can stay well below freezing (32°F, or 0°C) for weeks at a time.
Explain the law that affects posting rules and regulations : Explain the criteria a landlord must use when determining how many total people can reside in a unit?
Define german activities and makes no dividend distributions : GreenCo earns $1,500,000 in net profits from its German activities and makes no dividend distributions to BlueCo
Compute the descriptive statistics : Compute the descriptive statistics and draw a Box-Whisker plot of Expenditures - Construct a frequency distribution of the expenditures
Describe the internal control as preventive : Internal controls to address it. Describe the internal control as Preventive, Detective or Corrective.Organize your answer in a Risk/Control Matrix
Research Paper - Comparative advantage : Assignment - Topics for Research Paper - Comparative advantage: Explain the reasons, 2 to 3 countries and 1 to 2 industries and Some facts and figures
Which strategy do you think would be a good fit for you : There are many strategies that an investor can use to build their investment portfolio by investing in properties.
Measure the blood cholesterol levels of an srs : A sample of teens A study of the health of teenagers plans to measure the blood cholesterol levels of an SRS of 13- to 16-year-olds.
Polling organization plans to ask a random sample of voters : Predict the election A polling organization plans to ask a random sample of likely voters who they plan to vote for in an upcoming election.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd