Which one of the following represents a control deficiency?
a. A missing control that is required for achievement of objectives.
b. A control that operates as designed.
c. A control that ensures the reliability of financial reporting.
d. A control that does not prevent immaterial errors.
a
You might also like to view...
What philosophical principles did Chris ignore when deciding to smuggle marijuana?
________ categories consist of items whose sales fluctuate dramatically depending on the time of year.
A. Expected merchandise B. General merchandise C. Seasonal merchandise D. Staple merchandise E. Sample merchandise
When a company moves from a functional structure to a divisional structure, it generally:
A) increases vertical differentiation and horizontal differentiation B) does not change differentiation but increases integration. C) increases vertical differentiation and decreases horizontal differentiation. D) increases horizontal differentiation and reduces vertical differentiation.
To practice in today’s global economy, managers need a framework to understand:
a. Gender preferences b. Legislative and business-related social policies c. Economic theory d. International Bill of Human Rights