One reason why many organizations do not adequately protect their systems is because
A) control problems may be overestimated by many companies.
B) productivity and cost cutting cause management to forgo implementing and maintaining internal controls.
C) control technology has not yet been developed.
D) all of the above
Answer: B) productivity and cost cutting cause management to forgo implementing and maintaining internal controls.
You might also like to view...
Suppose a US company agrees to buy products worth 1 millions euros. At the time of the agreement, the $/€ exchange rate was $1 = €1.10, but at the time of payment, the exchange rate is $1 = €0.80. The additional money owed by the US company due the adverse movement in exchange rates between the time of the deal and the time when payment is due is called _________ exposure.
Fill in the blank(s) with the appropriate word(s).
In an LLC, how do you deduct business losses?
What will be an ideal response?