Analyst Questions

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

Internal control is all of the policies and procedures management uses to achieve the following goals.

• Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

• Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

• Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

• Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

• Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

Hence, Internal controls are concerned with safeguarding assets.

Ornate means which is beautiful, lavish one. Opposite of Ornate is ugly, offensive, dull or plain.

FDA - Food and Drug Administration publishes the food code, a model that assists food control jurisdictions at all levels of government by providing them with a scientifically sound technical and legal basis for regulating the retail and food service segment of the industry which includes restaurents, grocerry stores, ...

Russia is the Largest country of the World by Geographical Area.

Top 10 largest countries of the World :

1. Russia

2. Canada

3. United States of America

4. China

5. Brazil

6. Australia

7. India

8. Argentina

9. Kazakhstan

10. Algeria

When all 10 of the world's largest countries are taken together, they total 49% of the earth's entire 149 million square kilometres of land.

Electrons orbit around the nucleus is correct about them.

S-phase (synthesis phase) is the part of the cell cycle in which DNA is replicated, occurring between G1 phase and G2 phase. Precise and accurate DNA replication is necessary to prevent genetic abnormalities which often lead to cell death or disease.

The United States government has 3 branches, which all serve an important role in running the government and keeping our system of laws in place.

1. The legislative branch

2. The executive branch 

3. The judicial branch

The legislative branch makes the laws while the executive branch enforces these laws. 


The judicial branch is a system of courts that applies the laws.

Both the federal government and each of the 5 states have individual judicial branches which all serve this purpose.

For example :: 

If the federal government were like a basketball game, the judicial branch is much like the referee that helps settle disputes. The executive branch and the legislative branch are often like the players in the game trying to score points against each other, and the judicial branch is there to clarify the rules and make sure each side is acting fairly.