Internal Control Relates to an Organization's Achievement of Objectives in Three

question 28

Multiple Choice

Internal control relates to an organization's achievement of objectives in three major categories.Which of the following pairs gives an example of two controls that fulfill a single category?

• A)Fulfilling the requirements of the Foreign Corrupt Practices Act, developing a clear job description for each position in the company
• B)Developing a clear job description for each position in the company, calculating profits on the accrual basis
• C)Fulfilling the requirements of the Foreign Corrupt Practices Act, calculating profits on the accrual basis
• D)Ensuring that plant assets are listed on the balance sheet at their net book value, listing appropriate assets at their current market value

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Definitions:

Penrose Drain

A type of surgical drain made from soft rubber that is used to remove fluids from a wound.

Sterile Glove

Medical-grade gloves that have been sterilized to ensure they are free from microorganisms, used in surgical procedures and settings requiring strict asepsis.

Dressing Change

The process of replacing an old wound dressing with a new one to promote proper healing and prevent infection.

St John's Wort

An herbal plant often used in the treatment of depression, anxiety, and sleep disorders due to its believed natural antidepressant properties.