Internal Control Systems Are

question 56

Multiple Choice

Internal control systems are:

• A)Developed by the Securities and Exchange Commission for public companies.
• B)Developed by the Small Business Administration for non-public companies.
• C)Developed by the Internal Revenue Service for all U.S.companies.
• D)Required by Sarbanes-Oxley (SOX)to be documented and certified if the company's stock is traded on an exchange.
• E)Required only if a company plans to engage in interstate commerce.

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Definitions:

Receptor Potential

The change in membrane potential by a sensory receptor in response to a stimulus.

Action Potential

This is a temporary reversal of electrical polarization of the membrane in neurons and muscle cells, allowing for the transmission of signals.

Stimulus Transduced

The conversion of a stimulus from the environment into a form that can be processed by the nervous system.

Sensory Adaptation

The process by which sensory receptors diminish their sensitivity to continuous stimuli, allowing organisms to focus on changes in their environment.