An Elaborate System of Checks and Balances, Whereby a Company's

question 36

Multiple Choice

An elaborate system of checks and balances, whereby a company's leadership is held accountable for building shareholder value and creating confidence in the financial reporting processes, is referred to as:

• A)Enterprise risk management
• B)Corporate governance
• C)Application controls
• D)Internal control structure

---

Definitions:

Aptitude Tests

Standardized tests designed to measure a person's ability to acquire skills or knowledge in specific domains.

Achievement Test

A standardized test designed to measure an individual's level of knowledge, skill, or accomplishment in a particular area.

Differential Aptitude Test (DAT)

A standardized test designed to assess an individual's potential to succeed in various academic and vocational areas.

Mathematics

A broad area of study concerning numbers, quantities, shapes, and patterns along with the logical operations and relationships between them.