Answer:
10.71%
Explanation:
The computation of the required rate of return on this preferred stock is shown below :
The Required return on preferred stock is
= Dividend ÷ market value of preferred stock
= 7.50 ÷ $70
= 10.71%
By dividing the dividend from the market value of preferred stock we can get the Required return on preferred stock and the same is to be considered
therefore we ignored the par value i.e $60 as this is not relevant
Answer:
$61.54
Hope this helps! good luck :)
Clannad currently produces and sells 4,000 units per year, and has a capacity of 5,000 units. Enya, Inc. has offered a one-year contract to supply parts at a cost of $30.00/unit. If Clannad accepts, it will reduce fixed costs by 50% and will be able to rent unused space to another company for $18,000 per year. What is the impact on Clannad's profits if it accepts the offer.
Answer: Increase of $20,000
Explanation:
The cost of making a unit is:
= Direct material + Direct labor + Variable overhead + Fixed overhead
= 10 + 14 + 5 + 3
= $32
For 4,000 units that would be:
= 4,000 * 32
= $128,000
Cost of buying 4,000 units :
= Cost of buying + Fixed cost
= (4,000 * 30) + (3 / 2 * 4,000)
= $126,000
This cost is further reduced by the renting of the unused space:
= 126,000 - 18,000
= $108,000
Impact on profit:
= Cost of making - Cost of buying
= 128,000 - 108,000
= $20,000
Increase of $20,000
Management consultant David Clutterbuck's model traces a team's growth from start-up to maturity in five phases. What is the correct order of these phases ?
The correct order of the five phases in David Clutterbuck's model for a team's growth from start-up to maturity is A. Gathering, Initiation, Becoming a Team, Becoming a High-Performing Team, Continuous Reinvention.
What is the David Clutterbuck's model ?David Clutterbuck's model for a team's growth from start-up to maturity is based on five phases that describe the development process of a team. Gathering is the initial phase when a group of individuals come together and form a team.
Initiation this phase, the team begins to establish its goals, roles, and responsibilities. Becoming a Team this stage, the team members start working together and develop a shared sense of accountability.
Becoming a High-Performing Team phase, the team is highly effective and efficient. Continuous Reinvention is final phase is about continuously improving the team's performance.
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Free Cash Flow
100
Growth rate
2%
Tax Rate
1%
Cost of Capital
5%
Debt-to-total value
50%
Given the data in the above, what is the terminal value of the business (using the growing perpetuity formula)?
Answer:
Explanation:
Terminal value of business Formula = FCF (1+g)/(WACC- g)
Where:
FCF= current free cash flow = 100
g= Growth rate = 2%
WACC = Weighted average cost of capital = Cost of capital = 5%
Terminal Value of the business= FCF (1+g)/(WACC- g)
Terminal Value of the business= 100 (1+2%)/(5%- 2%)
Terminal Value of the business= 3,400
Can putting an application form for a new job in with the business mail be considered an example of theft or fraud at work?
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer.
What is fraud ?
Fraud exists as a deliberate act (or failure to act) to acquire an unauthorized benefit, either for oneself or for the institution, by utilizing deception or false suggestions or suppression of truth or other unethical standards, which exist believed and relied upon by others. The definition of an e-mail exists as a message sent from one computer to another over the Internet, utilizing a set web mail server address.
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer. It would also look bad if the organization to whom you had applied for the new job had detected that your envelope had been spent for by your employer and they may question your honesty and innocence as a person.
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INFORMATION: List of balances extracted from the accounting records of BERGVILLE LTD on 29 February 2023, the end of the financial year, unless otherwise stated. A. B. C. D. E. Ordinary share capital Retained income Loan from Iniwe Bank Fixed assets at carrying value Fixed deposit: Khula bank Trading stock Creditors control Bank (unfavourable) Accrued expenses (expenses payable) Net trade debtors SARS income tax (provisional tax payments) Petty cash - Dividends: Interim dividends : R123 000 Final dividends: R320 000 ? 280 000 985 400 ted the following: ? 200 000 ? 440 000 25 000 11 500 ? 560 000 ? Bank reconciliation statement: The bank reconciliation on 29 February 2022 reflected a post-dated EFT for R5 000 dated 31 March 2023. Trade and other receivables occupied 54% of the current assets. Loan: CAPITEC bank ne ansac edite ACCO
Given balances extracted from the accounting records of BERGVILLE LTD on 29 February 2023 are as follows:Information:Ordinary share capital = R200,000Retained income = R440,000Loan from Iniwe Bank = R25,000Fixed assets at carrying value = R11,500Fixed deposit:
Khula bank = R560,000Trading stock = R985,400Creditors control = R280,000Bank (unfavorable) = R25,000Accrued expenses (expenses payable) = R11,500Net trade debtors = R280,000SARS income tax (provisional tax payments) = R54,000Petty cash = R5,000Dividends:Interim dividends: R123,000
Final dividends: R320,000Therefore, total shareholders' equity can be calculated as:Share capital + Retained income = 200000+440000= R640,000The total current assets would be:Trading stock + Debtors + Cash = 985400+280000+5000= R1,270,400As given, Trade and other receivables occupied 54% of the current assets.
Therefore, Trade receivables = 54% * 1270400 = R685,216Bank balance as per cash book = 560000 - 25000 - 11500 + 280000 - 54000 - 5000= R1,95500Bank reconciliation statement:Bank balance as per bank statement as at 29 February 2023 = R2,000,500Post-dated EFT of R5,000 dated 31 March 2023Add: Unpresented cheque = R 3,000Add:
Deposit in transit = R12,000Less: Bank charges = R300Less: Uncredited cheque = R7,000Adjusted bank balance as per bank statement = 2,00,500 + 5000 + 3000 + 12000 - 3000 - 7000 = R2,13,500Thus, the adjusted bank balance as per bank statement is R2,13,500.
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A selection model in which an applicant moves on to the next stage in the process on the condition that she or he satisfies a score criterion on previous parts of the process is referred to as a _____ model. Group of answer choices
Answer:
multiple hurdle
Explanation:
The term is described in the question is known as a multiple hurdle model. In this specific approach, the individual applying needs to pass each step in the selection process in order to continue to the next one. Failure at any of the steps results in an automatic disqualification of the applicant from further consideration. Each step needs to be passed by meeting the minimum score that has been pre-set before starting the step.
Please answer the question in the photo.
The type of companies that sell goods and services can be classified in different ways, such as:
Retail businesses: Sell products and services directly to consumers, such as clothing stores.Wholesale companies: They sell products to other companies, such as distributors of food products.Manufacturing companies: Produce goods for sale, like car manufacturers.Service companies: Provide services to businesses or consumers, such as banks.Professional businesses: Provide specialized services to clients, such as accounting firms.Nonprofit companies: Focused on social or environmental causes, such as charities.What are the pros and cons of retail?
As an example, department stores have the advantages of the diversity of products offered to customers, but they have high indirect costs and online competition. Specialty stores have a positive point in creating brand equity and a limited customer base as a disadvantage.
Therefore, to open a successful business, you must research more about business types and structures, conduct market research and develop a business plan with focused strategies aligned with the objective.
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. A firm has $5 billion outstanding in long-term bonds. The firm currently has sufficient cash flow to make the scheduled coupon payments but would struggle to make those payments in the future if a substantial weakening of the economy occurs. The most likely rating on these bonds is:
a. B.
b. CCC.
c. AAA.
d. BBB.
The most likely rating for these bonds would be CCC based on the information supplied. As a result, choice (B) is a correct response.
The most probable rating for these bonds, according on the information given, is CCC. According to the presented scenario, the company might have trouble making future coupon payments if the economy significantly weakens. This implies that the company's financial health and credit standing may be in jeopardy.
Bonds with a CCC rating often have a very high credit risk, meaning there is a high chance they will fail or have payments fall behind schedule. This grade is in line with the described circumstances and expresses worries about the firm's capacity to pay its debts in the future.
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At the end of the video, Keith Reinhard says that advertisers have the ability not only to lift up the brands they work for but also to lift up the human spirit. Do you think this is true? Is it their responsibility? Explain.
ahi-dasa-uxy j0in on g00gle meet
Marketer’s say prohibition of tracking takes away the marketer’s legitimate right to study consumer behavior. Which side do you agree with and what are your two reasons for doing so?
Marketers say the prohibition of tracking takes away the marketer’s legitimate right to study consumer behavior.
I agree that Marketers may track customer purchases without abusing the data. They should try to keep customer information private to protect clients.
it's profitable for the customerIt also makes the marketer's job easierWhat is Customer behavior?Generally, Marketers are allowed to monitor consumer purchases as long as they don't abuse the data they get. To preserve the privacy and safety of the clients, they should take efforts to stop any client information from being released.
Since it enables better customer communication, it is crucial for marketers. They can reduce the market gap and find needed goods and outmoded goods by analyzing how customers choose products.
Customer behavior must be taken into account in your company's marketing plan. Thanks to this knowledge, you can organize your resources, make wise choices, and focus on a larger consumer base. The goal is to reach your target market with the appropriate advertising at the appropriate moment.
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Describe how sales and consumer-related legislation and regulations affect the delivery of customer service
Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.
There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.
Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.
Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.
Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.
Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.
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Isabel has to create a storyboard for the website of a large multi-national company selling multiple products. Which flowchart should Isabel use for her storyboard?
Answer:
Flowchart with hierarchical structure would be the most appropriate.
Explanation:
As a website that promotes sales, it needs to present several pages that open progressively according to the user's activity. It is important that Isabel presents a flowchart that represents this progression, the order and the command that promotes the opening of each page.
In this case, the flowchart must present a hierarchical structure of the pages, where it presents the main page at the top of the hierarchy and the pages following it and all the links between them.
Answer:
in other word i took the post test and it is indeed e
Explanation:
which of the following are advantages in raising money for campaigns that incumbents often have over their challengers?
All the given options correctly state the advantages of raising money for campaigns that incumbents often have over their challenges.
In the context of business, incumbents refer to individuals who currently hold a set of responsibilities within a particular office as part of an enterprise or within a branch of the government. As the incumbents, those persons have an obligation to the position or office they hold.
Based on the given options, the advantages related to incumbents in raising money for a campaign are:
The incumbent often has more name recognition it is because of their previous work in the office they occupy.Incumbents have easier access to government resources and campaign finance that can be indirectly used to boost a campaign. In general, incumbents have structural advantages over challenges during elections."
Complete question is:
Which of the following are advantages in raising money for campaigns that incumbents often have over their challengers?
A. The incumbent often has more name recognition because of their previous work in the office they occupy.
B. Incumbents have easier access to campaign finance and government resources that can be indirectly used to boost a campaign.
C. In general, incumbents have structural advantages over challengers during elections.
"
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ÇIBIL sCore is not the only credit Score in India.
In India, there are actually multiple credit scoring systems that are used to evaluate an individual's creditworthiness.
While the CIBIL score is certainly one of the most well-known and widely used credit scores in India, it is not the only credit score that lenders and financial institutions rely on. Other credit bureaus such as Experian, Equifax, and CRIF High Mark also offer credit scores that are used by lenders to assess the creditworthiness of borrowers.
Each credit bureau may use a slightly different methodology to calculate credit scores, which is why it's important for individuals to check their credit scores from all relevant bureaus to get a complete picture of their creditworthiness. Additionally, lenders may have their own internal credit scoring systems that take into account other factors beyond just credit history, such as income and employment status.
Therefore, it's important for individuals to be aware of all the credit scoring systems that are used in India and to regularly monitor their credit scores from multiple sources to ensure they have a comprehensive understanding of their financial standing.
By maintaining a good credit score across multiple credit bureaus, individuals can increase their chances of being approved for loans, credit cards, and other financial products with favorable terms and interest rates.
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need help in these question
Answer:
one sec i can help
Explanation:
in preparation of standard cost we consider what situation macroeconomics or microeconomics???
When preparing standard costs, we primarily consider microeconomics, which is the study of the behavior of individual consumers, firms, and industries. Standard cost is the estimated cost of producing a unit of product or service, based on historical data and budgeted costs.
It is used as a benchmark to compare actual costs with expected costs and to analyze the variances between them. In order to determine standard costs, we need to consider the cost of each individual input such as direct materials, direct labor, and overheads. This analysis is done at the microeconomic level because it involves the behavior and decision-making of individual firms and their interactions with suppliers, customers, and competitors.
The macroeconomic factors such as inflation, interest rates, and unemployment rates may also have an impact on the cost of production but these are generally outside the scope of standard cost analysis. Therefore, while macroeconomics can indirectly influence the cost of production, the focus of standard cost analysis remains on the microeconomic factors that affect the cost of individual inputs.
Overall, standard cost preparation involves a detailed microeconomic analysis to determine the estimated cost of producing a product or service, which is then compared with the actual costs to identify any variances and improve the cost efficiency of the firm.
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Where can you access the sample company - Long For Successful Events?
The place where you can access the sample company - Long For Successful Events is through the "icon."
In QuickBooks Online Advanced application.
Go to the Settings menu: Then click on the Icon tab.Then follow up by selecting the Sample company.QuickBooks Online is used for many financial activities of a company, such as managing income and expenses, keeping a record of the finances of business activities.
Hence, in this case, it is concluded that the correct answer is through the company icon in the QuickBooks Online settings.
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2. Explain the reasons for downward and upward slopes of aggregate demand and short run aggregate supply curves respectively.
Answer:
The downward slope of the aggregate demand curve can be attributed to the wealth effect, interest rate effect, and the net export effect. Firstly, the wealth effect refers to the tendency of consumers to spend more as their wealth increases, and vice versa. As the price level decreases, the real value of household wealth increases, leading to increased consumer spending and aggregate demand. Secondly, the interest rate effect suggests that a decrease in the price level leads to lower interest rates, which in turn stimulates borrowing and investment, leading to an increase in aggregate demand. Lastly, the net export effect indicates that a decrease in the price level leads to a decrease in the exchange rate, making exports cheaper and imports more expensive, which increases net exports, leading to an increase in aggregate demand.
On the other hand, the upward slope of the short-run aggregate supply curve is due to the sticky-wage theory, the sticky-price theory, and the misperceptions theory. Firstly, the sticky-wage theory suggests that nominal wages are slow to adjust to changes in the price level. As the price level falls, firms' profits decrease, leading to a reduction in output and employment. However, nominal wages remain the same, causing a decrease in firms' production costs and an increase in their profits, leading to an increase in output and employment. Secondly, the sticky-price theory indicates that some firms' prices are inflexible in the short run and do not adjust immediately to changes in the price level. As the price level falls, firms' output decreases, leading to a decrease in profits. However, their production costs also decrease due to lower input prices, leading to an increase in profits and output. Lastly, the misperceptions theory suggests that firms confuse relative price changes with changes in the overall price level, leading to a change in output and employment in response to perceived changes in demand and supply conditions.
In summary, the downward slope of the aggregate demand curve can be explained by the wealth effect, interest rate effect, and net export effect, while the upward slope of the short-run aggregate supply curve can be explained by the sticky-wage theory, the sticky-price theory, and the misperceptions theory. Understanding these theories is crucial for policymakers to implement effective macroeconomic policies to stabilize the economy in the short run.
QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)
Answer:
rat
Explanation:
If only one airline serves a town, does a monopoly exist? What about competition from other services?
If only one airline serves a town, the question of whether a monopoly exists is:
Yes, a monopoly existsBased on the given question, we are asked to state whether a monopoly exist in a situation where there is only one airline in a town, and the answer is, yes, that is a monopoly
It is important to note that a monopoly has to do with the domination of one company in a market system whereby there is little to no competition from other companies. In this situation, there is usually higher prices of products because there is a lack of competition for competitive prices.
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Accountability is the basic concept of delegation discuss?
Answer:
Delegation of Accountability
Explanation:
Unlike authority and responsibility, accountability cannot be delegated. Rather, it is inherent in the bestowment of responsibility itself. Anyone who sets out to accomplish a task and take on a job in a company becomes accountable for the outcome of their efforts.
Why are credit card companies more willing to offer a young person a secured credit card than an unsecured card?
Answer: I work at a bank and we offer young person a secured card than unsecured card because people tend to steal a young persons card more than a middle aged man or woman, because people think it is just more effortless I guess.
Explanation:
Connect information which relates.
Inside-out perspective Choose..
competitive intelligence
the organisation's goals and values
the resources and capabilities to achieve competitive advantage
the industry environment
Competitive intelligence bridges the gap between the organization's goals and values, the industry environment, and the resources and capabilities necessary to gain a competitive edge. The correct option is a.
Competitive intelligence plays a crucial role in connecting the organization's goals and values with the industry environment and the resources and capabilities required to achieve competitive advantage. Competitive intelligence involves gathering and analyzing information about competitors, market trends, and customer preferences to gain insights and make informed business decisions.
By understanding the industry environment through competitive intelligence, organizations can identify opportunities and potential threats. This knowledge helps align the organization's goals and values with the external factors impacting its success. For example, if the industry is shifting towards sustainable practices, an organization that values environmental responsibility can leverage this trend to enhance its competitive position.
Furthermore, competitive intelligence helps identify the resources and capabilities needed to achieve competitive advantage. It provides insights into the strengths and weaknesses of competitors, allowing organizations to benchmark their own capabilities and identify areas for improvement. This knowledge can guide strategic planning and resource allocation, ensuring that the organization aligns its resources with its competitive goals. The correct option is a.
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he Lubricant is an expensive oil newsletter to which many oil giants subscribe, including Ken Brown (see Problem 3-17 for details). In the last issue, the letter described how the demand for oil products would be extremely high. Apparently, the American consumer will continue to use oil products even if the price of these products doubles. Indeed, one of the articles in the Lubricant states that the chance of a favorable market for oil products was 70%, while the chance of an unfavorable market was only 30%. Ken would like to use these probabilities in determining the best decision. What decision model should be used
Answer: Expected Monetary Value decision model
Explanation:
The Expected Monetary Value (EMV) model is a statistical method used to calculate future payoffs that accounts for the risk and probability of different events happening.
It essentially takes the average of the scenarios that could happen based on their probabilities and their expected payoff and then adds them together to give a value that the investor can base their expectations upon.
For instance, in the above question, assuming that Ken Brown in a favorable market, Ken Brown can sell $500,000 worth of oil products but in an unfavorable one, they can only sell $100,000.
Based on the probabilities of the market conditions, EMV would show a value of;
= (500,000 * 70%) + (100,000 * 30%)
= $380,000
Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $800 million on January 1, 2021. The bonds sold for $739,814,813 and mature on December 31, 2040 (20 years). For bonds of similar risk and maturity the market yield was 12%. Interest is paid semiannually on June 30 and December 31. Required: 1. to 3. Prepare the journal entries to record their issuance by Federal on January 1, 2021, interest on June 30, 2021 (at the effective rate) and interest on December 31, 2021 (at the effective rate). 4. At what amount will Federal report the bonds among its liabilities in the December 31, 2021, balance sheet
Answer:
calcule estúpido malparido
Bonds are less risky than are stocks because their return is more predictable.
Select one:
a. TRUE
b. False
Bonds are less risky than are stocks because their return is more predictable.
Heart/Brainliest would help me react Genius rank!
Critics of trade barriers argue that trade barriers __________. a.) reduce the domestic incentive for production efficiency b.) are politically too easy to remove when the economy recovers c.) help a domestic economy be more productive d.) are only good at full employment
Based on macroeconomic theory, Critics of trade barriers argue that trade barriers "reduce the domestic incentive for production efficiency."
What is Trade Barrier?Trade Barrier is a term used to describe the restrictions made by the national government on international trade.
Trade Barrier is known to have both advantages and disadvantages. However, one of the disadvantages of the Trade barrier is that it lowers the overall economic efficiency.
Hence, in this case, it is concluded that the correct answer is option A. "reduce the domestic incentive for production efficiency."
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I
The constant growth formula is a good tool to use to value companies in the
industry.
O technology
2000
о
pharmaceutical
utility
I DON'T KNOW YET
The constant growth formula is typically applied more commonly in the utility industry.
The constant growth formula, also known as the Gordon Growth Model, is commonly used to value companies in industries with stable and predictable dividend growth rates. It assumes that the company's dividends or earnings will grow at a constant rate indefinitely. However, it may not be the most suitable tool for valuing companies in every industry.
The constant growth formula can be a useful tool for valuing companies in certain industries like utilities, but it may not be the most appropriate choice for valuing companies in the technology or pharmaceutical sectors.
Utility companies often exhibit stable and predictable cash flows, making them suitable candidates for valuation using the constant growth model.
Therefore, the correct option is utility.
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Each of the following would be a period cost except: Group of answer choices the salary of the company president's secretary. the cost of a general accounting office. depreciation of a machine used in manufacturing. sales commissions.
Answer:
depreciation of a machine used in manufacturing.
Explanation:
A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.
Periodic cost are costs that occur or arise on a periodic basis such as quarterly.
Each of the above mentioned costs would be a period cost except depreciation of a machine used in manufacturing.
Identify each of the following as relating to the control environment, control procedures, or information and communication:
a. Organizational structure
b. Report of company's conformity with environmental laws and regulations
c. Proofs and security measures
Answer and Explanation:
a. Organizational structure = Control environment
Top management always keep organizational structure Therefore, it is a part of the environment of control.
b. Report of company's conformity with environmental laws and regulations = Information and communication
Company's compliance reports are confidential accounting information.
c. Proofs and security measures = Control procedures
Proofing and monitoring controls ensure company is achieving its target.