What should an ERM manager (or an ERM committee) be responsible for?

A) defining what constitutes an electronic transaction
B) classifying specific records based upon their importance, regulatory requirements, and duration.
C) formulating and managing SOX compliance
D) all of the above


B

Business

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A department store is an example of a manufacturer

a. True b. False Indicate whether the statement is true or false

Business

The equivalent units of production must be computed before the value of ending inventory can be determined in a process costing system

Indicate whether the statement is true or false

Business

If Tixla Corporation has a good relationship with its suppliers and consumers are happy with their product, but their employees are unhappy and production is low. There is a break in what?

a. Evidence chain b. Organization chain c. Open system chain d. Value chain

Business

When the indirect method is used to prepare the operating activities section of the statement of cash flows, are increases in current liabilities added or subtracted from net income to arrive at the net cash flow?

What will be an ideal response?

Business