The spend on building and large equipment is categorized within the ________ category.

Fill in the blank(s) with the appropriate word(s).


Answer: capital spend

Business

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Proper monitoring within an internal control framework may include all of the following except:

A. an external auditor. B. an internal audit function. C. an effective audit committee. D. the internal revenue service.

Business

Gabriella needs copper wire to make hanging candle lanterns out of antique glass canisters. Based on her previous craft projects, she feels she would find this particular type of wire at Michael's, a large arts and crafts store. Gabriella is relying on a(n) ________ source for her buying situation.

A. selective data B. rational information C. internal information D. primary data E. motivational data

Business

A control designed to ensure that the number of sales transactions recorded in the accounting records matches the number of sales invoices entered during processing is known as which type of control?

a. Input control. b. Processing control. c. Output control. d. Edit control.

Business

Completeness is an aspect of accuracy

Indicate whether the statement is true or false

Business