Listed Below Are Examples of Matters That May Be Reportable

question 71

Multiple Choice

Listed below are examples of matters that may be reportable conditions. Indicate the nature of each event by using the following code letters:
Deficiencies in Internal Control Design
Failures in the Operation of Internal Control
-Willful wrongdoing by employees or management. _____

• A)Failures in the Operation of Internal Control
• B)A system fails to provide complete and accurate output consistent with the

---

Definitions:

Wealthy Nations

Countries with a high level of economic prosperity and standard of living, often measured by GDP per capita.

Self-transcendence

A psychological state or process in which individuals extend beyond their personal concerns and connect with something greater and beyond their individual selves.

Self-actualization

The manifestation or attainment of personal abilities and potential, considered to be a critical desire or essential in all individuals.

Belongingness Needs

A psychological need referring to the human emotional requirement for interpersonal relationships, feeling part of a group or community.