ERM is not expected to provide reasonable assurance of achieving the compliance objective. Enterprise Risk Management (ERM) refers to a framework for organizations to manage risks in a systematic and comprehensive way. While compliance is an essential aspect of business operations, ERM encompasses a broader perspective that goes beyond mere compliance.
ERM is about helping an organization accomplish its objectives by comprehensively considering all risks and opportunities that may have an impact on the organization. The Institute of Internal Auditors (IIA) defines ERM as "a process, conducted by management, designed to identify potential events that may affect the entity and manage risks to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives."Therefore, ERM is expected to provide reasonable assurance of achieving the strategic, reporting, and operational objectives, but not the compliance objective.
Compliance is more concerned with adhering to regulations, rules, and laws, and the responsibility of ensuring compliance usually falls on the legal department. Thus, ERM is not expected to provide reasonable assurance of achieving the compliance objective, which is option (d).Main Answer: ERM is not expected to provide reasonable assurance of achieving the compliance objective. Thus, ERM is not expected to provide reasonable assurance of achieving the compliance objective, which is option (d).Therefore, the correct option is (d) compliance.
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what is one of the steps that pave the way for a shift toward a market-based economic system?
One of the steps that pave the way for a shift toward a market-based economic system is privatization.
Privatization involves transferring ownership and control of state-owned assets and enterprises to private entities, typically through a process of selling off shares or assets to the public or to private investors.
Privatization is often seen as a key step in transitioning from a command or mixed economy to a market-based economy, as it reduces the role of the state in economic decision-making and promotes greater competition and efficiency in the private sector. Privatization can also generate revenue for the government, improve the quality of goods and services, and stimulate investment and innovation.
However, the process of privatization can be complex and controversial, as it often involves balancing competing interests and addressing concerns about job loss, market concentration, and social welfare. It is therefore important for governments to carefully consider the potential costs and benefits of privatization, and to engage in transparent and inclusive decision-making processes.
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if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of
The interest earned after two years $70.28177.
This is the foremost basic variety of account you'll be able to open at any bank. A savings account, by definition, permits you to deposit your cash, safe with the bank, thus you do not have to be compelled to carry it around with you or hide it in this rusty recent steel safe reception. don't fret, you'll be able to withdraw these funds after you want them.
The interest rate is that the quantity a loaner charges a receiver and could be a share of the principal—the quantity loaned. The charge per unit on a loan is usually noted on an annual basis referred to as the annual share rate (APR).
The question is incomplete, find the complete question here
if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of the interest earned after two years?
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Hey everyone, I just thought you all should know that...
you are AMAZING
you are BEAUTIFUL
you are SMART
you are KIND
you are NOT going to give up on your FIGHT
and you better stay ALIVE!!! <33
Answer:
thanks lol
you too-
Mike is single and has a taxable income of $18,405. His amount of tax from the 2021 tax tables is.
Based on his taxable income of $18,405, Mike's tax liability would fall within the 10% tax bracket, so his federal income tax would be 10% of that amount, or $1,840.50.
To determine the amount of tax Mike would owe based on his taxable income of $18,405 in 2021, you would need to refer to the Internal Revenue Service (IRS) tax tables. The tax tables provide a breakdown of the federal income tax that an individual would owe based on their taxable income and filing status.
As a single filer, Mike's tax rate would vary based on his taxable income. The 2021 tax tables show the following tax brackets for single filers:
10% for taxable income up to $9,950
12% for taxable income between $9,951 and $40,525
22% for taxable income between $40,526 and $86,375
24% for taxable income between $86,376 and $164,925
32% for taxable income between $164,926 and $209,425
35% for taxable income between $209,426 and $523,600
37% for taxable income over $523,600
It's important to note that this amount is just an estimate, and there may be other factors that could affect the actual amount of tax Mike would owe, such as deductions and credits. The IRS tax tables should be used as a reference, and it's always a good idea to consult with a tax professional for a more accurate determination of your tax liability.
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Which of the following would cause an upward shift in the consumption function? a stock market crash an increase in the price level a decrease in disposable income a decrease in the price level
Out of the given options, a decrease in the price level would cause an upward shift in the consumption function. When the price level decreases, it leads to a decrease in the overall price of goods and services.
This results in an increase in the purchasing power of consumers, as they can now buy more goods and services for the same amount of money.
On the other hand, a stock market crash and an increase in the price level would lead to a decrease in disposable income and, therefore, a downward shift in the consumption function. When the stock market crashes, individuals lose their investments, leading to a decrease in their wealth and disposable income.
Similarly, an increase in the price level leads to a decrease in the purchasing power of individuals' income, leading to a decrease in disposable income and, subsequently, a downward shift in the consumption function.
A decrease in the price level, however, would lead to an increase in the purchasing power of individuals' income, leading to an increase in their disposable income and, therefore, an upward shift in the consumption function.
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You've been meaning to fix those rotted boards on your porch for years. Finally, last week the deck gave way. The replacement will cost you $3,000. Will you be able to recover the cost of replacement (less your deductible) from your homeowner's insurance?
We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.
What is homeowner's insurance?This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc
A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.
Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.
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disadvantages of creative thinking in a workplace
Answer:
This article will dive into what creative thinking is, types of creative thinking, and the benefits of thinking creatively in the workplace. As it happens, it is not the experience of failure that holds you back. There are six major obstacles to creative thinking that could be preventing you from learning how to improve your problem solving skills for business success. Creative thinking and creative thinkers are needed in those situations because it pushes out of that linear way of thinking. To think creatively, set aside any assumptions or biases you may have, and look at things in a completely new way. You don't have to be an artist for your work to have an artistic element. In homeostasis, there seems to be an irresistible unconscious pressure that brings you back to doing what you have always done. This requires the ability to examine things carefully to know what they mean. Thinking The following transcript is based on material in Skills for Success: The Personal Development Handbook, by Stella Cottrell. asked Feb 22, 2018 in Grade 12 by Admin Master (890k points) grade-12; ... discuss the disadvantages of creative thinking. Advantages Of Creative Thinking. Being rational means that we continually use our minds to explain the world to ourselves, so we can understand it better and feel more secure. Here are some of the types of creative thinking you might see in the workplace.
***ECONOMICS***
I’ll give a brainliest !
Economists calculate the trade-weighted value of the U.S. dollar by:
O A. examining the confidence global investors have in the dollar as a
reserve currency.
B. analyzing the decline in the dollar's purchasing power over time
due to inflation.
c. comparing the value of the dollar to currencies used by major U.S.
trading partners.
D. subtracting the market value of the U.S. dollar from the market
value of gold.
Unethical behavior should be reported to the proper authority, but care must be taken to ______.
a.
Report your perceptions
b.
Explain what you think was happening
c.
Report only what happened
d.
Explain how you were able to see it
Please select the best answer from the choices provided
A
B
C
D
Answer:
A Report your perceptions
Explanation:
Answer: A
Explanation:
CARTOONS: Checking Account Fees
Checking accounts often serve as the foundation of managing one’s finances. However, when signing up for an account, the importance of reading the fine print cannot be overemphasized. Many checking accounts come with fees and users are charged - sometimes multiple times a day - for transactions they thought were covered!
In this activity, you will pick one of the cartoons provided below and analyze how it portrays the importance of understanding the costs and fees associated with your checking account.
Part I: Choose a Cartoon
Select one of the four cartoons provided below to analyze.
Cartoon 1
Cartoon 2
Cartoon 3
Cartoon 4
I will choose the second cartoon as the bank worker is willing to explain what the checking account is all about (Image of the cartoon attached)
The fees associated with a checking account are:
Common checking account feesMonthly service fee.Overdraft fee.ATM fee, etc.What is a checking account?A checking account is known to be a a type of bank account that helps people to quickly deposit and withdraw money from their account for any of their daily expenses.
The importance of the 2nd Cartoon in understanding the costs and fees associated with your checking account is that when the cashier or bank worker have explained all that there is to known about checking account, one can know if they want to open it or not.
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Production industries make up approximately what percentage of all small businesses?
Production industries make up approximately 19 percentage of all small businesses.
What is meant by small businesses?This is the term that is sued to refer to the business ventures such as the private buinesses, partnerships, joint ventures and sole proprietorships that have very few employees and are known to make really less revenue monthly or at the end of a period.
It has been statistically shown that Production industries make up approximately 19 percentage of all small businesses.
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Why would variables like the job market or financial planning influence a person’s career choice?
Answer:
Job market and financial are main important factors that influence career choices of a person. There are another several factors that influences such as distance, environment, social and psychological life etc.
Explanation:
When a person start his carrier, he thinks about several factors that effects their carrier choices. There are different factors such as job description, , the skills that essentially required, salary, etc. But there are also another factor that affect the career choice of a person.
These factors are as:
Different roles in lifeWhat is personality of a person and their interest areaIn which field, an individual have an experience.What is their cultural backgroundThe environment of the organization. The economic and social life of the person.What is expectation of salaryThese are the factors that are important to influence the career plan of a person. If a person criteria do not match his expectation related salary, then it will influences their career choices. The distance from home does matter for career choices.
Answer:
The job market and finances are the two most essential aspects that impact a person's career choices. Other aspects that have an impact include distance, environment, social and psychological life, and so on.
Explanation:
Correct on both edge, and edmentum
The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
a firm has sales of $1,160, net income of $220, net fixed assets of $532, and current assets of $288. the firm has $95 in inventory. what is the common-size balance sheet value of inventory? multiple choice 8.19% 32.99% 43.18% 11.59% 17.86%
The common-size balance sheet value of inventory is 11.59%. The correct option is D, 11.59%.
The Common-size balance sheet The common-size balance sheet expresses each item as a percentage of total assets.
It is used to evaluate the proportion of each account balance to total assets, the stability of a company over time, and how the company compares to others in its industry.
To solve the given problem, we are to determine the common-size balance sheet value of inventory. We are given the following information:Sales = $1,160
Net income = $220Net fixed assets = $532Current assets = $288Inventory = $95
To determine the common-size balance sheet value of inventory, we divide the inventory by the total assets, which is the sum of net fixed assets and current assets.
Therefore:Total assets = Net fixed assets + Current assetsTotal assets = $532 + $288Total assets = $820Then we divide the inventory by the total assets, which gives:
Inventory / Total assets = $95 / $820
Inventory / Total assets = 0.1159 or 11.59%
Option D.
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Assuming that workers are rational, ________ seeks to improve individual efficiency while ________ focuses on entire organizations.
On the assumption that workers are rational, Systems Viewpoint seeks to make individual efficiency better while Classical perspectives focus on the efficiency of the whole organization.
What is the Systems View Point?
This is a management approach that examines problems solving related to organization from the perspective that all things within that system or organization are interrelated.
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Calculate the effective interest rate for each of the following nominal interest rates: a. 3.09% compounded quarterly. % Round to two decimal places b. 3.09% compounded monthly
a. The effective interest rate for a nominal interest rate of 3.09% compounded quarterly is approximately 3.14%.
b. The effective interest rate for a nominal interest rate of 3.09% compounded monthly is approximately 3.16%.
To calculate the effective interest rate, we need to take into account the compounding frequency. In the case of a nominal interest rate of 3.09% compounded quarterly, we can use the formula:
Effective Interest Rate = (1 + (Nominal Interest Rate / Number of Compounding Periods))^Number of Compounding Periods - 1
For a nominal interest rate of 3.09% compounded quarterly, the number of compounding periods per year is 4 (since it is compounded quarterly). Plugging in the values into the formula, we get:
Effective Interest Rate = (1 + (0.0309 / 4))⁴ - 1
≈ 3.14%
Similarly, for a nominal interest rate of 3.09% compounded monthly, the number of compounding periods per year is 12 (since it is compounded monthly). Using the formula, we have:
Effective Interest Rate = (1 + (0.0309 / 12))¹² - 1
≈ 3.16%
The effective interest rate takes into account the effect of compounding and represents the actual interest earned or paid over a given time period. By considering the compounding frequency, we can determine the true rate of return or cost associated with the nominal interest rate.
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(a) Explain what a checking account transfer is and (b) explain how it helps you save.
Answers with Explanation:
1. A checking account transfer means that you are moving your money from your checking account to another bank account. This bank account could be yours or another person's. It is often done online.
2. A "checking account" allows a person to automatically transfer his money to his savings account on a regular basis or on a schedule. For example, a person has funds sitting on his checking account, some of these funds will be automatically transferred to his savings account. This gives him no excuses not to save money. Setting this up is conveniently done during paydays but may also be done on other days.
The form of ownership, the type of merchandise line, and the ________ are important ways that retail outlets can be classified.
The form of ownership, the type of merchandise line, and the Level of service are important ways that retail outlets can be classified.
Retail outlets can be classified based on their form of ownership, type of merchandise line, and level of service. The form of ownership refers to the legal structure of the retail outlet, which could be a sole proprietorship, partnership, corporation, or franchise. Each form of ownership has its advantages and disadvantages in terms of liability, taxation, and management structure.
The type of merchandise line refers to the range and depth of products offered by the retail outlet. For example, a department store offers a wide range of products across different categories, while a specialty store focuses on a narrow product line, such as electronics or beauty products. The type of merchandise line can influence the target market and competitive strategy of the retail outlet.
Overall, the classification of retail outlets based on their form of ownership, type of merchandise line, and level of service can help retailers understand their competitive landscape, target market, and strategic options. Retailers can use this classification to develop a unique value proposition, differentiate themselves from competitors, and enhance customer satisfaction.
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Select all options that complete the following statement.
Skills for effective note taking include:
focusing on new information first
using short, meaningful phrases, and abbreviations instead of full sentences
using recording devices to eliminate writing or typing
using symbols, diagrams, charts, and tables
Skills for effective note taking include:
using short, meaningful phrases, and abbreviations instead of full sentences
using recording devices to eliminate writing or typing
using symbols, diagrams, charts, and tables
Effective note taking can be described as taking notes in a manner that would ensure that information is accurately retained and stored for use later.
Skills for effective note taking
Using abbreviations: Making use of abbreviations ensure that notes are taken at a faster rate when compared with writing sentences in full. This is because more time would be spent when making statements in full when compared with using abbreviations.Making use of recorders: It is a known fact that humans talk faster than we write. This makes the use of recorders a wise idea. After classes, the recording can be listened to. Making use of diagrams: diagrams can summarise information effectively. For example, a downward sloping demand curve relays the information that demand is negatively related to the price of the good.
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Answer:
Look below
Explanation:
If we plot John's opportunity cost per window on the vertical axis and the number of windows cleaned each day on the horizontal axis, we will have John's ______ curve for window-cleaning services.
Answer:
Supply
Explanation:
The supply curve can be regarded as graphic representation that display
correlation that exist between the cost of a good/service as well as quantity supplied for particular period. on the left vertical axis there is price, while on Horizontal axis there is quantity supplied. The vertical distance between supply curve as well as horizontal axis is the marginal opportunity cost required to add a unit to quantity. The area under the supply curve goes up to quantity supplied is total alternative opportunity cost, and it's Summation of marginal costs.
For instance, If we plot John's opportunity cost per window on the vertical axis and the number of windows cleaned each day on the horizontal axis, we will have John's supply curve for window-cleaning services.
WILL GIVE BRAILIEST
Zander is beginning to take college courses to prepare for a career in computer science, which is the study of using logic to create new and improved computer programs. He just finished a class that covered skills for using certain computer programs, but was not required for a degree.
What did Zander take steps to improve by taking this class?
A. career definition and career requirements
B. career requirements and current status
C. current status and intermediate goals
D. intermediate goals and career definition
Answer:
current status and intermediate goals
Explanation:
who is office cheif ? write any four function of office cheif ( subject : account)
Answer:
Office Chief is someone who is responsible for the implementation of office work. The position of an office chief is very important, because the office chief is a member of the leadership, and he is the last link in the chain of command from the highest leadership.
The 4 functions of Office Chief, include:
Preparing long term and short terms plans and policies of the organization. Dividing the work among the workers in the organization. Directing and coordinating the activities of the different staff and departments. Adopting good remuneration system for motivating workers.Answer:
Cheif Keef
Explanation:
5),[5] better known by his stage name Chief Keef, is an American rapper. Cozart's music first became popular during his teen years in the early 2010s among high school students from Chicago's South Side.[6] In 2012, his popular local single "I Don't Like" was remixed by American rapper Kanye West and reached the Billboard Rap Top 20, further raising Cozart's profile.[6] A bidding war between major labels resulted in Keef signing with Interscope. His debut album Finally Rich was released in December 2012, and featured the singles "I Don't Like" and "Love Sosa", which would popularize the Chicago rap subgenre drill.[7]
Chief Keef has faced ongoing legal issues during his career, including weapons possession charges, house arrest sentences, and a performance ban imposed by Chicago authorities.[8] Though he was dropped from Interscope in late 2014 and later signed to 1017 Records, he continued self-releasing projects through his own Glo Gang label. These included: Nobody (2014), Back from the Dead 2 (2014), Bang 3 (2015), and Th0t Breaker (2017).
By the late 2010s, critics have pointed to Chief Keef as a major influence on contemporary hip hop through his innovation with the drill subgenre and the impact of his music on other artists.[9][7][10]
You are thinking about placing a sign advertising your services at a local bus stop near West 4th Street station where there's an ongoing basketball tournament. The sign will cost $4,700 and it will be posted for one week. You expect that it will generate additional revenue of $846 a day. What is the payback period (in nearest day)?
The payback period for the sign advertising at the bus stop near West 4th Street station is 5.55 days or 6 days.
The payback period is the length of time required to recover the initial investment. In this case, the initial investment is $4,700 for posting the sign for one week. The additional revenue generated by the sign is $846 per day. To calculate the payback period, we divide the initial investment by the daily revenue:
Payback Period = Initial Investment / Daily Revenue
Payback Period = $4,700 / $846 = 5.55 days
Since the payback period needs to be rounded to the nearest day, the payback period for the sign advertising is 5.55 days or 6 days. This means that it will take approximately 6 days for the additional revenue generated by the sign to recoup the initial investment of $4,700.
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Which of the following jobs is available in rail transportation?
Dispatcher
Logistics manager
Ramp agent
Yardmaster
Answer:
Yard master
Explanation:
I believe this to be the correct answer because yard master supervise the train yard and the employees who work there and coordinate equipment for trains and railcars within the yard.
The effective operation of a firm and its supply chain is NOT as important as the design and implementation of its processes. A. True B. False
A company's supply chain and overall efficiency are NOT as crucial as the planning and execution of its business operations. It is true.
A supply chain is a group of people and businesses who work together to create products and distribute them to customers. The chain's links start with the companies that generate the raw ingredients and terminate when the van delivers the final item to the customer.
An optimized supply chain reduces costs and improves the effectiveness of the manufacturing cycle, making supply chain management an essential procedure. In order to cut costs and maintain their competitiveness, businesses work to strengthen their supply chains. A company's supply chain and overall efficiency are NOT as crucial as the planning and execution of its business operations.
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3. When you find an error on a credit report, what are 2 things to do?
Answer:
If you've spotted an error on one of your credit reports, you should take immediate steps to correct the inaccuracy.
-Send a letter to the credit bureau.
-Determine if you should contact the data furnisher as well.
Explanation:
okay?
What to write in a professional resume is you haven't had a job
Answer:
Any accomplishments in school
Good qualities and traits
Community service(can be stuff you’ve done for your family)
Any skills
Explanation:
Summarize the trading policies that the United States presently holds with China.
In the twenty years since China joined the World Trade Organization, trade between the U.S. and China has expanded. Both Chinese and American consumers and businesses have profited from this trade.
What do you know about the trading between the U.S. and China?Trade between the United States and China has significantly increased recently and is essential for both nations. China is currently the greatest source of imports for the United State. Despite having drawbacks, this trade has benefited the US economy by lowering consumer prices and increasing corporate profits.
Consumers and businesses in the United States and China have profited from this trade, but Beijing's state-led development has brought about a number of issues, prompting Washington to push back.
To change the bilateral relationship, President Biden also kept tariffs on Chinese imports and enacted new trade restrictions.
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if d varies directly as t and d = 20.5 when t=12 find:(a) the value of the constant (b) the relationship between d and t (c) the value of d when t =6.
Answer:
(a) \(k=\frac{41}{24}\)
(b) \(d=\frac{41}{24} t\)
(c) \(d=\frac{41}{4}\)
Explanation:
As d varies directly as t,
\(d=kt\)
Here, k is a constant.
(a)
Put \(d=20.5\,,\,t=12\)
\(20.5=12k\\\\k=\frac{41}{24}\\\\k= 1.71\)
(b)
Put \(k=\frac{41}{24}\) in \(d=kt\)
\(d=\frac{41}{24} t\)
(c)
Put \(t=6\) in \(d=\frac{41}{24} t\)
\(d=\frac{41}{24} (6)\\\\d=\frac{41}{4}\)
The Monarch Division of Allgood Corporation has a current ROI of 13 percent. The company target ROI is 9 percent. The Monarch Division has an opportunity to invest $5,700,000 at 11 percent but is reluctant to do so because its ROI will fall to 12.24 percent. The present investment base for the division is $9,300,000. Required Calculate the current residual income and the residual income with the new investment opportunity being included. Based on your answers to requirement a, should Monarch Division make the investment?
Calculate the current residual income and the residual income with the new investment opportunity being included.
Based on your answers to requirement a, should Monarch Division make the investment?
Answer and Explanation:
The computation is shown below:
Current residual Income is
= current investment base × (Current ROI - Target ROI)
= $9,300,000 × (13% - 9%)
= $9,300,000 × 4%
= $372,000
Now
New residual income is
= (New investment base) × (New ROI - target ROI)
= ($9,300,000 + $5,700,000) × (12.24% - 9%)
= $15,000,000 × 3.24%
= $486,000
Yes, Monarch division should make the investment because the new residual income is more than the present residual income