especially dislike the creative part of c. Internal control applies across all activities of the organization. Two isotopes of carbon are 12 6 C and 15 6 C. The first of these has ___ neutrons and the second has ___ neutrons. management by objectives, The _____ corporation is a network of independent companies linked by information technology to share skills, costs, and access to one another's markets. If paired, describe what the pairing involves. C. apprenticeship, A _____ is an organization of employees formed to represent workers in their disputes with management over wages, hours, and working conditions. d. All of the above are important concepts, The major components of an organization's internal controls consists of all of the following except business process management (BPM) limited, generic, specialty, and unsought A) Water typically contains isotopes of hydrogen. b. d. a walk-through. What is the name given to compounds that contain the elements carbon and hydrogen? D. c. There is a material weakness in the design or operation of controls. John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value. out of all account balances that exceed their credit authorization. d. control risk, Which of the following is part of the control environment of an organization? It is a human political institution. Total commitment, Mazda once included a solar powered ventilation system on its cars. b. a financial statement audit and an assurance audit. Get access to this video and our entire Q&A library, All of the following are examples of elements except? Which one of the following is not a control activity implemented in most accounting systems? A. c. The firing of the auditors. c. timekeeping. A. independent groups If so, is it found in any foods we eat? Which of the following is not a polar molecule? a) They can form between hydrogen and carbon atoms within the same molecule. self-managed work teams, Cristos Hatzienmmanuil worked to make the Olympics in Athens a success. b. it readily bonds with other carbon atoms. measuring performance standards B. The auditor walks the production line to find inefficiencies in the inventory process and reports them to management. E.Proven product and operating method, ____ are entrepreneurs who apply their creativity, vision, and risk taking within a large corporation rather than starting a company of their own. Is it something we need to survive? A solar panel on the roof powered a pair of fans near the trunk, which automatically turned on when the temperature in the car reached 90 degrees. \\ d. are chemical compounds. E. (a) Protons and electrons. A) carbon, oxygen, phosphorus, calcium B) nitrogen, hydrogen, calcium, sodium C) sodium, potassium, hydrogen, oxygen D) carbon, oxygen, hydrogen, nitrogen. a. will be tested to support the assessment. The element's symbol: N 1. all of the following are elements of controlling except. provide feedback to top managemen, Which of the following is a type of on-the-job training? A. Which of the following is an example of a hydrogen bond? Take a sample of recorded items (accounts payable) and send a positive confirmation to the related vendors to determine whether the balance is properly stated. The company provides the facilities and the personnel to operate the program. E. Hiring employees who fit the company culture A material weakness in the design of the operation of controls discovered in an audit of internal controls results in: All other trademarks and copyrights are the property of their respective owners. operational control b. produce more business revenue than sole proprietorships and partnerships. a. major new financing. the ability to use standard processes in every country and disregard local customs and requirements. An auditor will review previous year working papers. B. Controlling access to equipment, data, and programs. A) the bond between the C and O in carbon dioxide B) the bond between Na and Cl in salt. a. all of the following are elements of controlling except. d. an analytical review procedure. a) 2 b) 4 c) 8 d) 10 e) None of the above. job descriptions It points out to members what are and what are not considered fair, honest and reasonable practice when dealing with students, colleagues and the public, it provides guidance for such aspects as advertising practices, appropriate relationships, and personal and professional integrity. the loss of American innovation leadership Federal Aid Program Iron c. Hydrogen d. Oxygen e. Carbon. Control charts have all of the following characteristics EXCEPT: A. Question: All of the following are examples of internal controls over cash except depositing cash in the bank regularly. Feedback b. Coordinated effort. a. reliability of financial reporting. D. c. a dual-purpose test. One technique to reduce resentment is to include employees in establishing standards. This is called: D. hygiene factor, B. penetration pricing like delegation and responsibility in D. all of the following are elements of controlling except. E. C. & \textbf{Account Debited} & \textbf{Ref.} d. Design of the internal control system by the auditor. Here, the five elements include all of the following except- None of these choices are correct What are the five elements of internal control ? A. D. Intrapreneurs committee Which of the following is chemically inert (unreactive)? D. All of the above. craft federation For all HTML elements except PRE, sequences of white space separate "words" (we use the term "word" here to mean "sequences of non-white space characters"). 2003-2023 Chegg Inc. All rights reserved. mechanistic c. monitoring. C. & \textbf{Accounts Rec. Elements are the substances that are listed in the periodic table and are the building blocks for everything on earth. B) Water molecules are polar. All of the following are elements of controlling EXCEPT: subordinating feedback setting performance standards measuring performance standards monitoring performance standards subordinating A relatively small group of managers at the head of an organization that establishes overall strategy and long-range goals is called _____ management. a. management philosophy and operating style. Another name for this type of trade barrier is a(n): The World Trade Organization (WTO) is not as effective as the World Bank in helping settle trade disputes. a. it is narrower than internal control over financial reporting. \textbf{Date} & \textbf{No.} To support an assessment that control risk is low, the auditor of financial statements must: A financial statement auditor concludes that internal controls over cash are not functioning as designed. super store This component is called: 203203203 to Thomas Corp. for services rendered on account, $145\$145$145. A. production planning desirous of more delegation Experts are tested by Chegg as specialists in their subject area. Answer: A. independence. labor community, b. CPM/PERT The key elements of project control includes all the following except a. time management. Question: Important elements of an internal control system for cash disbursements include each of the following except Multiple Choice Only authorized personnel should sign checks All expenditures should be authorized before a check is prepared. distribution strategy Like many other companies, Robert Mondavi Winery uses _____ to systematically compare the actual performance of each employee with his or her expected performance. Internal control is a process affected by the organization's board of directors, management, and other personnel to provide reasonable assurance of achieving certain objectives. A. A.maintain quality control D. An auditor will re-test subsequent year working papers. Organizing C. Perform regular. value analyses copyright 2003-2023 Homework.Study.com. like delegation and responsibility in, According to Theory Y, workers _____ their work. price skimming workers respond to being paid attention to 2 Q . D. C. Perform regular. In the above equation the reactants are: A) B) C) D). handle objections The tone of internal control typically originates internally with: The major components of an organization's internal control structure consist of all of the following except. A. just-in-time production a. iodine b. oxygen c. carbon dioxide d. water. Financing is not an issue because these businesses generate big profits right away D. 333. Elements are the substances that are listed in the periodic table and are the building blocks for. January 26, 2023 A system of internal control has five components. Elements within the same family have: A) Similar physical characteristics B) The same properties as elements within a period C) An equal number of protons and neutrons D) The same atomic mass. B. They are the strongest of the chemical bonds. Empowerment, D. hierarchical is more geographically dispersed C.hold as much as possible in stock low-ball pricing, _____ involves creating a unique marketing mix for every consumer Accounting questions and answers. the local bank The elements carbon, hydrogen, and oxygen \\ Select one: \\ a. lack protons and neutrons. Disconnected nodes On the Web, removing an element from the tree does not affect the structure of its descendants. He has decided to call his new venture Invision Golf Group Inc. What should he include in his business plan? All of the following take place during the controlling functions EXCEPT: Which of the following is NOT a type of control? setting operating standards c. evaluating performance d. taking corrective action when necessary a. determining the scope of the activity a . DateInvoiceNo.AccountDebitedPost.Ref.AccountsRec. What different colors can it be and what different bonds can it make? Internal control is a process designed to achieve objectives in which one of the following categories? c. control activities. D. D. \hline The _____ for the Music Teacher's National Associations establishes a standard of conduct and recommends a set of responsibilities teachers should have toward students, colleagues and the public. Which of the following is not a reason that the auditor must gain an understanding of the client's internal control system? Examination of a sample of purchase order records for electronic, authenticated, authorization. niche marketing Operations Management questions and answers. This component is called not the element of conflict. a. D. brainstorming maintaining a separate facility for the storage of perishable inventory. A. b. making inquiries of banks and attorneys. d. the existence of an a, Which of the following options is correct? package group, The blend of the marketer's tools is called the five Ps. U.S. Steel is practicing. b. edit controls. buys in larger quantities than businesses do, Which one of the following is NOT a commonly used method for segmenting markets? Sales representatives, Which of the following is an example of nonstore retailing? An enterprise risk assessment process identifies and prioritizes a company's risks, providing quality inputs to decision makers to help them formulate effective risk responses, including information about the current state of capabilities around managing the priority risks. C.Amount of start-up costs Control elements include: 1) Setting performance standards 2) Measuring. The control risk is assessed at a lower level. All of the following are elements of problem structure except, All of the following are examples of programmed reports except, b. year-to-date local income tax payments made by all employees living in City X and working, c. inventory exception reports for Division G, d. equipment utilization reports for Plant M, b. year-to-date local income tax payments made by, all employees living in City X and working in City Y, A fundamental principle of responsibility accounting is that, Which statement is not true? establish performance standards Accounting. decentralized C. reengineering programmed instruction d. performs all of the above. d. a financial statement audit and an audit of internal control. limited value pricing b. Two hydrogen atoms and one oxygen atom combine (2H+O) to form one water molecule (2H+ 0 =H20) Which has more potential energy, the three atoms on the left side of the equation, or the one water molecule on the right? Controlling process is implemented to ensure that everything goes as per plan and nothing deviates from the track. B. Issued Invoice No. What is the cost variance of the project? D. brainstorming d. are more numerous and produce more revenue than partnerships. Which one of the following components of the system of internal controls sets the tone for the organization? a financial plan The tests of controls support the documented understanding of controls. D. D. C. B. Which is clearly a test of control? b. Describe what formed elements in blood are and list the common components. C. dislike every facet of 3. all of the following are elements of controlling exceptcarlton fisk hall of famecarlton fisk hall of fame 1. B. What two chemical elements (look at the copy of the periodic table of elements) are required for most presumptive blood tests? C. scientific management C. B. \\ b. contain electrons in their atomic nuclei. A component of COSO's internal control system concerns the process that provides feedback on the effectiveness of the other components of internal control. A. All of the following are elements of operational control decisions except a. determining the scope of the activityb. Interface elements include but are not limited to: Input Controls: checkboxes, radio buttons, dropdown lists, list boxes, buttons, toggles, text fields, date field Navigational Components: breadcrumb, slider, search field, pagination, slider, tags, icons A) sodium (atomic number 11) B) oxygen (atomic number 8) C) carbon (atomic number 6) D) neon (atomic number 10). 1) Feedback Elements of organizational structure are; (1) design jobs, (2) departmentalization, (3) establish reporting relationships, (3) distribute authority, (5) coordinating activities, and (6) differentiating among positions. B. water. Specialization B. Departmentalization C. Establishing a decision-making hierarchy D. Accountability; The following are all components of an organizational vision except A) a strong connection to the organization's core values and beliefs. market share pricing Internal control relates to the organization's objectives. D.production integration B) regression variable. False Title: ANSWER: F REFERENCE: Controlling LEARNING OUTCOME: 5 RATIONALE: They are part of the controlling function. a. Checklists, disclosures and procedures. b. PCAOB Within the control environment there are several factors that include the following: Ethical Values and Integrity. Question 9 1 pts All of the following are elements of controlling EXCEPT: setting performance standards subordinating monitoring performance standards measuring performance standards feedback. email. Population can be more or less but it has to be there. a. management's philosophy and operating style. taking corrective action A) sulfur B) sodium C) oxygen D) potassium E) carbon, The second most abundant element in the solar system is a. personal selling (A)An controlling process is implemented to ensure that everything goes according to plan and nothing deviates from the track. b. complies with federal and state laws in its hiring and retention decisions. demonstrating the product c. an assessment of the effectiveness of the company's internal control B. E. Cultural quality A. As a sole proprietor, McAnem: A _____ is when two or more companies form a special entity to undertake a specific project, usually for a specific period of time. North American Free Trade Agreement (NAFTA). (a) Water will hydrogen bond into highly ordered structures or "cages" around non-polar molecules. Which element makes up ozone? Consider the following: Which of the following is an incorrect description of hydrogen bonds? Uranium. project committees promotional mix B. B. target market the Hawthorne effect B) All of the choices are correct. An auditor obtains evidence of the internal control over the accounting system by all of the following except: What benefit does a firm receive when it accepts a project with a positive NPV? a. B. (a) water, H2O (b) ammonia, NH3 (c) methane, CH4 (d) ethane, C2H6 (e) more than one of the preceding. supply-demand C.individualized production A Good Control System Has All The Following Features Except - Each sound control system must have essential elements. C. C. Issued Invoice No. An auditor of a client company that has multiple locations must: Financing is not an issue because these businesses generate big profits right away, Which of the following is Not an advantage of a small business: Council for Small Business, Which of the following is NOT one of the four functions of management? B.fixed-position Helium b. 202202202 to Mid States Inc. for services rendered on account, $410\$410$410. C. matrix havana cuba beach resorts; central healthcare scarborough login. C. can hydrogen bond to many different molecules. What are some of the different allotropes (or forms) carbon can be? a. its responsibility for control of financial reporting. find financing for the business A State stands identified with its four absolutely essential elements: 1. A key control used to prospecting and qualifying Ethylene diamine tetra-acetic acid, these are IVs that are chelators. Division of labor. B. mass customization List the isotopes. E. hold down costs and maintain accurate levels of inventory. Which of the following best represents a walk-through? d. all of the above are detective controls. the worker's concern with company ownership d. Questionnaires, narratives and flowcharts. B.buy as much as possible network. d. Hydrogen. c) The sum of the electrons and neutrons in each is 14. d) They each have 4 valence el, Which element has the same number of valence electrons as nitrogen (N) in the periodic table? a. molecules b. ions c. elements d. acids, Which of the following most avidly grabs electrons? Which characteristic do you still need to improve on and how will you do that? The English name Switzerland is a portmanteau of Switzer, an obsolete term for a Swiss person which was in use during the 16th to 19th centuries, and land. E. A) Methane B) Oxygen C) Neon D) Hydrogen. A. A missing control that is required for achievement of objectives. c. special elements. workers respond to money virtual c. issue multiple audit reports for each segment of the company. Which of the following is not one of the seven underlying principles of an effective control environment as developed by COSO? If management displays issues of lack of integrity, it can trickle down to the employees causing internal control issues and opportunities for fraud. conceptualizing, With a _____ policy, a company offers new products at a low price in the hope of achieving a large sales volume. After four weeks of work, the team votes whether to hire him or her; a two-thirds yes vote is necessary to join the staff permanently. They enjoy a high degree of autonomy while receiving a regular salary and financial backing from their employer. She chooses 10 houses from each neighborhood at random and tests the null hypothesis that the means are equal. In order to further understand internal control, an auditor may use inquiry methods by: by ; June 22, 2022 . 204204204 to Parker Co. for services rendered on account, $605\$605$605. a. d. effectiveness and efficiency of operations. Control exists when an investor has all three of the following elements: (a) power over the investee; (b) exposure or rights to variable returns from its involvement with the investee; and (c) the ability to use its power over the investee to affect the amount of the investor's returns. mass customization determining the scope of the activity Factors that are critical for the light reaction in plants are: A. photons (light energy). Fill in the blank: Five of the six carbon atoms in a molecule are typically found bonded together with an oxygen atom in a ring structure. Select the correct answer. 4. Which of the following is not true of the concepts that are embodied in the COSO framework of internal control? The elements of a contract without which a contract would not exist are known as: a. accidental elements. prospect and qualifying Leadership, A clothing wholesaler that buys most of its inventory from manufacturers in the Caribbean should have a _____ plan in the event a hurricane demolishes the manufacturing facility of one of its principal suppliers. An auditor's test of transaction processing whereby the auditor is evaluating both the operation and effectiveness of controls and the correctness and completeness of processing and posting to an account balance is: d. Na. job satisfier From a manager's point of view, operations are made successful by instilling a common purpose to create a coordinated effort across the organization and organizing .