A company's internal control system:
A. Eliminates the need for audits.
B. Eliminates the company's risk of loss.
C. Eliminates the need for managers' certification of controls.
D. Monitors company and employee performance.
E. Eliminates human error.
Answer: D
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The "balance of payments" is a record of all economic transactions between the residents of a country and the rest of the world. It is divided into the current and capital accounts. Current accounts include all of the following except:
A) balance on goods. B) portfolio investments. C) balance on services. D) goods imports. E) goods exports.
The skills required to perform a particular type of work or occupation at a high level are called conceptual skills.
Indicate whether the statement is true or false.
All of the following qualitative considerations may impact upon capital investments analysis except:
A) manufacturing productivity B) manufacturing sunk cost C) manufacturing flexibility D) manufacturing control
Describe the differences between an intended third-party beneficiary and an incidental beneficiary.
What will be an ideal response?