Management Is Responsible for Establishing a System of Internal Control

question 60

True/False

Management is responsible for establishing a system of internal control.

---

Definitions:

Impression Management

A process by which people attempt to control how others perceive them.

Cohesiveness

The degree to which members of a group or organization are united in their pursuit of common goals and exhibit loyalty to each other.

Society

A group of individuals living together in a more or less ordered community, sharing cultures, traditions, and values.

Industrialization

The development of industries in a country or region on a wide scale.