The principle of obtaining or generating relevant, high-quality information to support internal control belongs to which of the COSO's Internal Control Model's component?
A) Control environment.
B) Risk assessment.
C) Control activities.
D) Information and communication.
Answer: D
Business
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Improper use of credit may
A) increase your ability to save money. B) make it necessary to file for bankruptcy. C) increase your personal wealth. D) All of the above.
Business
A demand forecast is:
A) an estimate of sales demand at a specified selling price for each product. B) developed primarily to prepare next year's marketing campaign. C) an estimate of market demand based on the amount sold in the previous year. D) a summary of product costs that influence pricing decisions.
Business