Which of the Following Is Not One of the Three

question 5

Multiple Choice

Which of the following is not one of the three steps taken by a corporation to assure the accuracy of its records?

• A)Implementing a system of controls over the company's records and assets.
• B)Hiring an independent auditor to report on the fairness of the financial statements.
• C)Hiring a financial analyst to ensure the actual results of operations are similar to planned results.
• D)Forming a committee made up of board of directors' members to oversee the integrity of the corporation's system of controls and the hiring of the independent auditors.

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Definitions:

Basic Drives

Fundamental biological impulses that drive behavior, such as hunger, thirst, and the need for sleep.

Id

In psychoanalytic theory, the part of the psyche that is the source of instinctive impulses and demands for immediate satisfaction of primal needs.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, superego, and reality.

Superego

In psychoanalytic theory, the part of the personality that acts as a moral center, enforcing societal standards and ethical conduct.