Internal Control Consists of All the Related Methods and Measures

question 125

True/False

Internal control consists of all the related methods and measures adopted within an organisation to safeguard its assets, enhance the reliability of its accounting records, increase efficiency of operations, and ensure compliance with laws and regulations.

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Definitions:

Kangaroo Care

An intervention for low-birthweight babies in which the infant is placed vertically against the parent’s chest, under the shirt, providing skin-to-skin contact.

Skin-to-Skin Contact

Direct physical contact between the skin of two individuals, often used to promote bonding and emotional well-being.

Premature Infant

An infant born before the completion of 37 weeks of gestation, often requiring specialized medical care.

HIV Transmission

The process by which the Human Immunodeficiency Virus (HIV) is spread from one person to another, commonly through unprotected sexual contact, sharing needles, or from mother to child during birth or breastfeeding.