The Primary Purpose for the Development of Standards by the Criteria

question 3

Multiple Choice

The primary purpose for the development of standards by the Criteria of Control
Committee was to:

• A)Provide guidance for companies developing best practice control systems.
• B)Provide a basis similar to GAAP for reporting on controls.
• C)Provide detailed tests of controls for audits of financial statements.
• D)Provide clarity on who is responsible for controls.

---

Definitions:

Essential-trait Approach

This approach focuses on identifying the most critical and fundamental personality traits that can comprehensively describe human behavior.

Typological Approach

A method in psychology that categorizes individuals into specific types based on particular traits or behaviors.

Positivity

The practice or tendency to maintain a positive attitude, focusing on the good aspects of any situation.

Absolutely

Used to express complete and total agreement or to confirm that something is unquestionably true or correct.