Maximum Benefit from Independent Checks of Performance Is Obtained When

question 84

Multiple Choice

Maximum benefit from independent checks of performance is obtained when

• A)it is made on a pre-announced basis.
• B)it is done by the employee possessing custody of the asset.
• C)discrepancies are reported to management.
• D)it is done at the time of the external audit.

---

Definitions:

Social Bonding

The process of developing relationships and connections among individuals within a group, fostering a sense of belonging and support.

Group Development Process

A theoretical model describing the phases groups typically undergo, from formation and storming to norming, performing, and adjourning.

Break The Ice

An expression referring to the act of initiating conversation or activities in a new or awkward situation to create a more relaxed atmosphere.

Organizational Politics

Informal, unofficial, and sometimes behind-the-scenes efforts to sell ideas, influence an organization, increase power, or achieve other targeted objectives.