The COSO principle that an organization should identify and assess changes that significantly impact the system of internal control is related to which COSO component?
a. Control Environment
b. Risk Assessment
c. Control Activities
d. Monitoring
b
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Wesson Company sold 10,000 units of its only product in the first half of the year. If sales decrease by 15% in the second half of the year, which cost will not change?
A. Factory supplies. B. Sales commissions. C. Direct materials. D. Depreciation on equipment. E. Direct labor.
By the majority view, a minor need only return any property he has received from the other party if the minor wishes to disaffirm the contract. He has no duty to return the property in the same condition in which he received it
Indicate whether the statement is true or false
Centralized firewall management systems automatically create ACLs from policies
Indicate whether the statement is true or false.
If a conversation with one's supervisor about applying for a promotion results in a question about age and a response by the supervisor when she found out that the applicant was 63 that the applicant would "probably not" get the position, coupled with
the fact that the applicant had better performance evaluations than the younger woman who was awarded the position, would not a reasonable lay person in the position of the applicant think she had been discriminated against because of age?