ways on how to avoid conflict of interest in an organization.

Q: What is shared service agreement menas in a internal control system?

A: Internal Control System:-It is a set of rules and protocol which the company and management set for…

Q: importance of precompetitive alliances

A: Precompetitive alliances are partnerships formed between companies, often within the same industry,…

Q: Entity-level controls support broad organizational objectives while direct controls support…

A: Under the transactional approach this is all about the status the leaders who are involved in such…

Q: Be able to identify or give examples of political risk

A: Political risk refers to the potential for losses arising from political decisions, events, or…

Q: How does the reward system for a strategic-based system differ from the traditional approach?

A: Strategic-based performance management system: A strategic-based performance management system turns…

Q: What challenges must be addressed in quantifying the value of information to the organization?

A: Information can be defined as any data or knowledge that an organization collects, processes,…

Q: What are two examples of the types of management issues that can be addressed by cvp analysis?

A: CVP or Cost-volume-profit analysis is a cost accounting method of analysing the effect of cost and…

Q: Provide one example of the following stakeholder groups possible response to risk: Employees…

A: The stakeholders are all such entities who will be impacted by operations of company and they are…

Q: Distinguish between organisational types. Identify their key stakeholders and evaluate their need…

A: An organizational structure is that outline system where certain activities are directed in that…

Q: What does “limitations of internal control” mean? Provide examples of limitations that are inherent…

A: Internal controls: These include the rules, regulations, and mechanisms that are used by the…