Internal Controls Are Not Designed to Safeguard Assets from

question 64

Multiple Choice

Internal controls are not designed to safeguard assets from

• A) natural disasters.
• B) employee theft.
• C) robbery.
• D) unauthorized use.

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Definitions:

Resilience

The ability of an individual to recover quickly from difficulties; toughness.

Adversity

Difficulties or misfortune that one may face in life.

Easygoing Temperaments

Refers to personality traits characterized by calmness, flexibility, and a relaxed approach to life.

Wary of Strangers

A cautious or suspicious attitude towards unfamiliar people, often considered a natural or learned protective response.