Which of the Following Is Not Generally Considered One of the Factors

question 27

Multiple Choice

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

• A)Board of directors.
• B)Audit committee.
• C)Organisational structure.
• D)Accounting package used.

Recognize the significance of goal setting and management by objectives in improving work performance and motivation.

Identify measures to create positive work outcomes through effective management practices.

Learn about the impact of self-efficacy on task performance.

Understand the role of participation in goal setting and its effects on goal acceptance and performance.

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Definitions:

Books

Official records kept by a company detailing its financial transactions, assets, and liabilities.

Lien

In its most extensive meaning, it is a charge on property for the payment or discharge of a debt or duty; a qualified right; a proprietary interest that, in a given case, may be exercised over the property of another.

Charge Against Property

A claim or encumbrance against real estate used as collateral for debt repayment or obligation fulfillment.

Compensation

Financial or other forms of reimbursement provided to individuals or groups for services rendered or as reparation for losses.