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H is a farmer. An outbreak of a contagious animal disease has just been detected near the region where the farm is located. This could potentially lead to substantial financial losses for H.
In these circumstances, which of the following responses by H is the most appropriate?
Which of the following statements best explains why a corporate treasury department should be established as a cost centre rather than a profit centre?
You have just been employed as a management accountant in a small business with an annual turnover of $0.5 million.
You have a wide range of duties because the business is small.
Which of the followingis an ethical risk?
University B has several departments. Each department at times obtainsfunding from different sources such as government grants and industry sponsorships. The central management of the university has decided to develop a module within its current Information Systemto track these fundscentrally.
The central management of the University has decided to utilise in-house expertise in order to build this module.
Which THREE of the following represent advantages of developing this module and doing so using in-house expertise?
Rio owns an architects business which employs 12 skilled architects and four administrative staff.
TheOfficeManagerhas just attended a workshop on internal controls and the way in which they can improve organisations. He intends to implement some internal controls as soon as possible.
What are the limitations of an internal control system in Rio's business?
