Which of the following is not an element of COSO Enterprise Risk Management?

A. Enhancing risk response decisions
B. Improving deployment of information technology
C. Identification of risks and opportunities affecting achievement of an entity's objectives
D. Reducing operating surprises and losses


Answer: B

Business

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The net income for the year ended was $300,000 . Common stockholders' equity at the beginning of the year was $1,400,000 and $1,600,000 at the end of the year. The return on common stockholders' equity would be

a. 18.75%. b. 20.00%. c. 21.43%. d. 87.50%.

Business

When using the indirect method, how is the decrease in accounts payable shown on the statement of cash flows?

a. Operating activity b. Investing activity c. Financing activity d. Noncash investing and financing activity

Business

When the elements of a product line appeal to different segments of the market with different characteristics, a ________ approach can be used for analyzing such a product line

A) portfolio B) market segment C) market share D) market growth

Business

Indicate how each event affects the elements of the financial statements. Use the following letters to record your answer in the box shown below each element. Use only one letter for each element. You do not need to enter amounts.Increase = IDecrease = DNo Effect = NA(Note that "No Effect" means that the event does not affect that element of the financial statements or that the event causes an increase in that element and is offset by a decrease in that same element.) On December 31, Year 1, Kirkland Co. paid cash and recognized interest expense on bonds that it had issued at 101.5 on January 1, Year 1. The company uses the straight-line method to amortize bond discounts and premiums. AssetsLiabilitiesStk. EquityRevenuesExpensesNetStmt. of ?IncomeCash Flows???????

What will be an ideal response?

Business