Which of the Following Statements Is True

question 74

Multiple Choice

Which of the following statements is true?

• A) A good system of internal control does not require monitoring.
• B) Risk assessment is one component of a good system of internal control.
• C) When one individual is responsible for all related activities, the potential for errors and irregularities is decreased.
• D) Control activities are most effective when several people are responsible for a given task.

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Definitions:

Cerebral Hemispheres

The two halves of the brain, the right and left hemispheres, which are responsible for various functions and cognitive processes.

Melatonin

A substance created by the pineal gland responsible for controlling sleep and wakefulness cycles.

Islets of Langerhans

Clusters of pancreatic cells that produce hormones, including insulin, critical for regulating blood sugar levels.

Glucagon

Glucagon is a hormone produced by the pancreas that increases blood glucose levels by stimulating the liver to convert stored glycogen into glucose.