When a Firm Uses Internal Auditors, It Is Adhering to Which

question 106

Multiple Choice

When a firm uses internal auditors, it is adhering to which one of the following internal control elements?

• A) Risk assessment
• B) Monitoring
• C) Proofs and security measures
• D) Separating responsibilities for related operations

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Definitions:

Labour Market Analysis

The examination of the supply and demand for labor, assessing trends, and identifying factors that influence employment rates and wages.

HR Supply and Demand

The analysis and forecasting of the need for and availability of human resources, ensuring alignment with organizational requirements.

Skills Gap

The difference between the skills required for a job or project and the skills possessed by the workforce, indicating areas in need of development or training.

Internal HR Supply

The availability of current employees within an organization who can be trained, promoted, or reassigned to meet future job requirements.