What are the three main functions of COSO ERM?
What will be an ideal response?
| • | Identifies potential events that may affect the firm |
| • | Manages risk to be within the firm's risk appetite |
| • | Provides reasonable assurance regarding the achievement of the firm's objectives. |
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Greene Creations, a popular furniture manufacturer, provides employee support through various workshops on interior design techniques. It also offers three-month courses on various aspects of decorating a home, from suitable paint for a media room to contemporary outdoor furnishings. This adds to employees' existing knowledge and skill sets, helping create customer satisfaction. In this scenario, which approach to employee development is Greene Creations taking?
A. job experiences B. counseling C. interpersonal relationships D. formal education E. assessment
Office Plus, an office supply store, ordered 600 blank CDs from Curtis Co, a manufacturer of computer products. Office Plus placed the order using a preprinted purchase order form; Curtis acknowledged the order by sending a preprinted acceptance form back to Office Plus. Unlike Office Plus' form, which says nothing about packaging, Curtis's form specifies that the CDs will be packaged in cases of
10 CDs per box, 10 boxes per case. Which statement is correct? A)The UCC will classify this as a specialty goods exception and will reform the contract. B)Curtis's packaging term is a different term which materially changes the offer. There is no contract. C)Curtis's packaging term is an additional term and therefore a part of the contract unless Office Plus promptly objects to the term. D)The UCC does not cover the contract because both parties are merchants.
All recognized gains and losses must eventually be classified either as capital or ordinary.
Answer the following statement true (T) or false (F)
Mark, a 22-year old with a viral infection, is admitted to a hospital. On the second day post-admission, a nurse takes a single high-temperature reading and enters it into the patient records information system
This single reading when combined with Mark's other symptoms and previous medical records, becomes ________.A) knowledge B) data C) information D) analysis