Which of the Following Is Not One of the Factors

question 40

Multiple Choice

Which of the following is not one of the factors that make up the control environment?

• A) accounting personnel
• B) board of directors and audit committee
• C) organizational structure
• D) human resource policies and practices
• E) assignment of authority and responsibility

---

Definitions:

Diminishing Marginal Utility

The principle that as a person consumes more of a good or service, the satisfaction gained from consuming additional units declines.

Concert Tickets

Tickets sold as a means to gain entry to a live performance of musical artists or bands.

Textbooks

Published materials that provide detailed information on a particular subject, often used as primary teaching tools in educational settings.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford given their income and the prices of goods.