Which Element of Steps for Better Thinking Is Described in Each

question 45

Essay

Which element of Steps for Better Thinking is described in each independent item below? Use each element of the model exactly twice.
a.Classifying previously identified costs and benefits as financial or nonfinancial
b.Conducting internal audits to assess the effectiveness of implemented internal controls
c.Organizing focus groups to discuss ways to improve internal controls after implementing several controls
d.Preparing a list of previously identified costs and benefits for specific internal controls
e.Ranking a list of five internal control objectives according to their importance
f.Reading an article about the purposes of internal control
g.Recognizing a weakness in internal control
h.Recommending specific internal controls to implement
i.Taking a course to learn about the COSO internal control framework
j.Wondering if a CEO supports changes in internal control

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Definitions:

Rights Offering

A method by which a company raises additional capital by giving existing shareholders the right to buy new shares at a discount.

Subscription Price

The fee that investors pay when subscribing to a new issue of securities.

Market Price

This refers to the current price at which an asset or service can be bought or sold in the market.