Internal Control Principles the Fourth Internal Control Principles Requires Organizations

question 17

Essay

Internal Control Principles The fourth internal control principles requires organizations demonstrate a commitment to attract,develop,and retain competent individuals in alignment with objectives.Discuss how this can be done?

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Definitions:

Equity

The concept of fairness or justice in situations, ensuring everyone has equal access to resources and opportunities.

Reciprocity

A social norm that involves exchanging goods, services, favors, or other forms of value in a mutual manner.

Self-Disclosure

The act of revealing personal information about oneself to others.

Bystander Effect

The phenomenon whereby individuals are less likely to offer help to a victim when other people are present, often due to a diffusion of responsibility.