A Good System of Internal Control Does Not Require Monitoring

question 104

True/False

A good system of internal control does not require monitoring.

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Definitions:

Psychological Health

A state of well-being in which an individual realizes his or her own abilities, can cope with the normal stresses of life, works productively, and is able to make a contribution to their community.

Physical Health

A state of well-being in which an individual is free from illness, injury, or impairment, and can perform daily activities without physical constraints.

Pathway Thinking

A cognitive approach focusing on exploring multiple routes and methods to achieve a specific goal or solve a problem.

Agency Thinking

The cognitive process that leads individuals to believe they can influence their own actions and the environment around them.