Which of the following is an element of ERM?

A. Aligning risk appetite and whether fraud has occurred
B. Audit risk assessment
C. Reducing operational surprises and losses
D. Control environment


Answer: C

Business

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Dingo Boot Company uses the direct method to prepare its statement of cash flows. The company had the following cash flows during 2014: Cash receipts from the issuance of common stock ......... $400,000 Cash receipts from customers ............................ 200,000 Cash receipts from dividends on long-term investments ... 30,000 Cash receipts from repayment of loan made to another company

............................................... 220,000 Cash payments for wages and other operating expenses .... 120,000 Cash payments for insurance ............................. 10,000 Cash payments for dividends ............................. 20,000 Cash payments for taxes ................................. 40,000 Cash payment to purchase land ........................... 80,000 See information regarding Dingo Boot Company above. The net cash provided by (used in) operating activities is a. $60,000. b. $40,000. c. $30,000. d. $(20,000).

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What uses data about people's behaviors to understand intent and predict future actions?

A. Predictive analytics B. Behavioral analytics C. Snapshot D. Knowledge workers

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Overall channel goals and individual channel member goals cannot be achieved together without

A. conflict. B. captains. C. leadership. D. cooperation. E. tying agreements.

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Which of the following is a source of tax-free income?

A) Welfare benefits B) Earnings on your IRA C) Federal income tax refunds D) Child support payments E) All of the above

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