The Impact of Technology on Internal Controls Includes

question 99

Multiple Choice

The impact of technology on internal controls includes:

• A) Reduced processing errors.
• B) Elimination of the need for regular audits.
• C) Elimination of the need to bond employees.
• D) Elimination of separation of duties.
• E) Elimination of fraud.

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Definitions:

Directive Leaders

Leaders who take charge by giving specific instructions and orders, focusing on task accomplishment and maintaining clear objectives for their team.

Participatory Leaders

Leadership style characterized by involving team members in decision-making processes, aiming to increase engagement and shared responsibility.

Laissez-Faire Leaders

Leadership style characterized by a hands-off approach, allowing team members significant freedom in how they work and make decisions.

Transformational Leadership Theory

A leadership approach that causes change in individuals and social systems, inspiring followers to exceed their own interests for the good of the group or organization.