Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Management Expert

problem 1: Internal control is a dynamic integral procedure which is continuously adapting to the modifications an organization is facing. Management and personnel at all levels have to be included in this process to address risks and to give reasonable assurance of the accomplishment of the entity’s mission and general objectives.

Required:

The public sector is usually concerned with the delivery of a service and a beneficial outcome in the public interest. Describe in details the general objectives of internal control in the public sector.

problem 2:

Part A: The information is given below:

1668_degree of operating leverage.jpg

Required:

Compute the degree of operating leverage, degree of financial leverage and the degree of combined leverage and deduce the results.

Part B: An efficient internal control system, no matter how well conceived and operated, can give only reasonable and not absolute assurance to management regarding the accomplishment of an entity's objectives or its survival.

Required:

Describe the limitations on internal control efficiency.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M96365

Have any Question? 


Related Questions in Financial Management

A construction company is deciding if they want to purchase

A construction company is deciding if they want to purchase some new road improvement equipment The equipment has a first cost of $70,000, it will have annual benefits to the general public of $17,000 per year, and the e ...

The market value of the equity of ginger inc is 740000 the

The market value of the equity of Ginger, Inc., is $740,000. The balance sheet shows $48,000 in cash and $236,500 in debt, while the income statement has EBIT of $105,500 and a total of $171,500 in depreciation and amort ...

Nbspa company of 20000 is to be received 10 years hence

A company of $20,000 is to be received 10 years hence, followed by a $40,000 payment 17 years from the present. If over this time span the annual inflation rate is 5% while the expected annual market rate is 9%, calculat ...

A bank offers an investment opportunity which requires you

A bank offers an investment opportunity, which requires you to invest 10,000 today and the bank promises to return 15,000 in 10 years. What is the embedded interest rate offered by the bank?

Ken investor expected the widget corporation to pay

Ken Investor expected the Widget Corporation to pay dividends of $4, $4.5, and $5 over the next three years. He also expects that the stock will have a price at the end of a three- year holding period of $250 per share. ...

Survivor inc is considering investing in two independent

Survivor, Inc. is considering investing in two independent projects: a modified fishing vessel and a bear trap. The cash outlay for the fishing vessel is $45,000, and for the bear trap it is $35,000. Each piece of equipm ...

1 which statement is truea under a sale and leaseback

1. Which statement is TRUE? a) Under a sale and leaseback arrangement, the seller of the property is the lessor and the buyer is the lessee. b) A sale and leaseback arrangement is a type of operating lease. c) Operating ...

You are offered two investments for the firms spare cash

You are offered two investments for the firm's "spare cash" ($8000). Which option will give you a better return on and of investment (two ROIs)? Option 1- pays out at 16% simple interest for five years   Option 2- pays o ...

Inc is planning to issue two types of 25-year non-callable

Inc. is planning to issue two types of 25-year, non-callable bonds to raise a total of $6 million, $3 million from each type of bond. First, 3,000 bonds with a 10% semi-annual coupon will be sold at their $1,000 par valu ...

A the following table shows the price of 1000 face value

A. The following table shows the price of $1000 face value 1-year, 2-year, 3-year, 9-year and 10-year US Treasury zero coupon bonds as of Oct. 17, 2016. Use pure expectations hypothesis to determine: a. the expected inte ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro