The COSO Enterprise Risk Management Integrated Framework identifies four objectives necessary to achieve corporate goals. Objectives specifically identified include all of the following except

A) implementation of newest technologies.
B) compliance with laws and regulations.
C) effective and efficient operations.
D) reliable reporting.


Answer: A) implementation of newest technologies.

Business

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The future value grows more quickly when interest is compounded monthly than when interest is compounded annually

Indicate whether the statement is true or false

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Where in the financial statements are changes in the fair value of cash flow hedges reported

a. On the Balance Sheet as part of retained earnings b. On the Income Statement as other gains.losses c. As other comprehensive income and accumulated in other comprehensive income on the Balance Sheet. d. On the Statement of Stockholder's Equity

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Briefly explain what service firms must do to be successful in the global marketplace

What will be an ideal response?

Business

Which of the following is the most effective opening sentence for a response message?

A) Your letter of June 23, in which you sought information about our corporate travel packages, has been referred to me for reply. B) This is to inform you that we received your letter of June 23 seeking information about our corporate travel packages. C) Yes, we can put together a corporate travel package that will meet your needs and fit your budget. D) Thank you so much for your interest in our corporate travel packages.

Business