Ideal system of internal controls

Assignment Help Accounting Basics
Reference no: EM13151907

Management is often unwilling to implement an ideal system of internal controls because

a) Control failures are infequent

b) Such system is too expensive

c) Suffeciant tech. doesn't exist to afford ideal system

d) Risk often overstated

Reference no: EM13151907

Questions Cloud

How many molecules of hcl will we form : If we react 116 molecules of TiCl4 with water according to the equation  TiCl4 + 2 H2O -> TiO2 + 4 HCl how many molecules of HCl will we form?
How do such policies impact product price and industry : How do such policies impact product price and industry output and employment? Are these kinds of policies easy to implement in practice? How has globalization of production affected our ability to control pollution?
Which mutual fund to choose to invest the money : You can invest the money in one of two mutual funds with similar yearly average returns (9.8% vs. 9.9%). Which mutual fund would you choose?
How many molecules of co are present : the concentration of carbon monoxide in a sample of air is 9.2 ppm. there are how many molecules of CO are in 1 liter of 755 torr and 23 degrees celcius
Ideal system of internal controls : Management is often unwilling to implement an ideal system of internal controls because
Calculate the price elasticity of demand in summer : Calculate the price elasticity of demand in summer for transit services and the cross-price elasticity of demand for transit with respect to the level of business activity.
How important is the existence of a significant barrier : How important is the existence of a significant barrier to entry to maintaining a monopoly? What would be the result if a monopoly market could be easily entered?
Companies refused to follow the increase : When other companies refused to follow the increase, American Airlines made an attempt to gain customers in the competitors' markets by applying aggressive discounts on the tariffs.
Muriel taxable income problem : Muriel, age 70 and single, is claimed as a dependent on her daughter's tax return. During 2009, she had interest income of $2,400 and $800 of earned income from babysitting. Muriel's taxable income is what?

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.

  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!

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