Moyer Instruments Is a Rapidly Growing Manufacturer of Medical Devices

question 104

Essay

Moyer Instruments is a rapidly growing manufacturer of medical devices. As a result of its growth, the company's management recently modified several of its procedures and practices to improve internal control. Some employees are upset with the changes. They have complained that all these changes just show that the company no longer trusts them.
Required:
"Internal controls exist because most people can't be trusted." Is this true? Explain.

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Definitions:

Intermittent Explosive Disorder

A psychological condition marked by severe episodes of anger that are beyond control and not justified by the circumstances.

DSM-5 Criteria

The diagnostic guidelines outlined in the Fifth Edition of the Diagnostic and Statistical Manual of Mental Disorders for identifying and classifying mental health conditions.

General Population

The total group of individuals or entities in a designated area, without any specific inclusion or exclusion criteria.

Intermittent Explosive Disorder

A mental disorder characterized by repeated episodes of extreme anger or physical aggression disproportionate to the situation, without a clear cause.