The Approval or Endorsement from a Responsible Person or Department

question 58

Multiple Choice

The approval or endorsement from a responsible person or department of an organization that has been sanctioned by top management is the process of:

• A)Securing assets
• B)Segregating duties
• C)Authorizing transactions
• D)Adequate recording

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Definitions:

Just Cause

A criterion under the just war theory, which states that to be morally permissible, a war must be waged only for honorable motives.

International Organization

An entity established by a treaty or other instrument governed by international law and possessing its own international legal personality.

International Court of Justice

The principal judicial entity of the United Nations, tasked with settling legal disputes between states and giving advisory opinions on international legal issues.

Swedish Corporation

A company incorporated under the laws and regulations of Sweden, often characterized by specific corporate governance and tax structures.