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Which TWO of the following are reasons for a company to comply with the Committee of Sponsoring Organisations of the Treadway Commission 2017 Enterprise Risk Management Framework (COSO Framework)?
Which TWO of the following are reasons for a company to comply with the Committee of Sponsoring Organisations of the Treadway Commission 2017 Enterprise Risk Management Framework (COSO Framework)?A . Complying with the COSO Framework will mean all employees of a company will comply with internal controlsB . Complying with...
Which of the following controls could M introduce to reduce defects and also increase profitability?
M, a manufacturing company, has had some problems with defects in one of the main products it produces. This product has been made by the company for many years and is very profitable. Last month it had over 300 defects reported by customers which is more than 15% of products...
Which of the following controls could M introduce to reduce defects and also increase profitability?
M, a manufacturing company, has had some problems with defects in one of the main products it produces. This product has been made by the company for many years and is very profitable. Last month it had over 300 defects reported by customers which is more than 15% of products...
You have just been appointed Financial Controller of Y, a marketing consultancy.
You have just been appointed Financial Controller of Y, a marketing consultancy. You are in a meeting with the Chief Executive Officer (CEO) of Y, and have been discussing the need for a major upgrade of all the information systems throughout Y, as they are all very old. Knowing that...
Which of the following is the major advantage of Cloud storage for an enterprise?
Which of the following is the major advantage of Cloud storage for an enterprise?A . It provides unlimited free use for the enterpriseB . The enterprise has complete control over itC . in-house staff are not required to maintain the infrastructureD . Sharing storage space with othersView AnswerAnswer: C
Which TWO of the following changes would be most likely to improve the overall control system?
CW is a large company in the food production industry. It has grown over the years by the acquisition of several smaller rivals CW has ten branches located in its home country and has just opened a foreign branch for the first time It has recently made some changes to...
What is the correct course of action?
You are the Management Accountant for a company which supplies baked food to a string of retail outlets; biscuits, cakes, savoury snacks etc. You discover that a trainee employee, who is responsible for cleaning out the delivery vans has been taking damaged goods and packets which have reached their sales...
What is the one year forward rate predicted to be assuming interest rate parity holds true?
The interest rate on EUR deposits is 7%. The interest rate on GBP deposits is 5%. The spot rate is EUR/GBP0.8500. What is the one year forward rate predicted to be assuming interest rate parity holds true?A . 0.8662B . 0.8341C . 0.7500D . 0.9633View AnswerAnswer: B
Taking account of the principles of good corporate governance, which of the following statements is correct?
GHY is a listed company. Tom is GHY's CEO and Peter is its non-executive Chair of the Board. Tom and Peter both have substantial relevant business and industrial experience and both are believed to have considerable integrity. Tom and Peter quickly developed a good working relationship after Peter's appointment. They...
A's directors do not believe that they always get value for money from their investment in capital projects. Over the past decade the company has invested in 55 projects that have cost more than $1m. They are considering introducing a system of post completion audit to see if this will help them to understand any problems they have had with projects in the past
DRAG DROP A's directors do not believe that they always get value for money from their investment in capital projects. Over the past decade the company has invested in 55 projects that have cost more than $1m. They are considering introducing a system of post completion audit to see if...
