The department or division of larger organizations which is responsible for monitoring and evaluating controls on an ongoing basis is
A) internal auditing.
B) external auditing.
C) internal affairs.
D) division monitoring.
Answer: A
Business
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One reason that commodities appeal to investors is because they
A) act as hedges against inflation during periods of rapidly rising consumer prices. B) offer high returns for low risks. C) do not require much specialized knowledge on the part of the investor. D) are a suitable investment vehicle for one's retirement savings.
Business
A few years ago Mary purchased a home for $100,000. Today the home is worth $150,000. The remaining balance on the mortgage is $50,000
If Mary can borrow up to 80% of the market value of the equity, the maximum amount she can borrow is A) $80,000. B) $70,000. C) $100,000. D) $50,000.
Business