The Company's Development and Adherence to This Should Reduce the Opportunities

question 2

Multiple Choice

The company's development and adherence to this should reduce the opportunities for managements or employees to conduct fraud.

• A)Code of ethics
• B)Internal control structure
• C)Application controls
• D)Corporate governance

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Definitions:

Group Cohesiveness

The extent to which members of a group stick together and remain united in the pursuit of common goals.

Group Diversity

The inclusion of individuals from a variety of backgrounds, cultures, races, genders, and other identity markers within a group, contributing to a range of perspectives.

Individuality

The quality or character of being an individual; possessing distinctive or unique characteristics, separate from others.

Groupthink

A phenomenon where the desire for harmony or conformity in a group leads to an irrational or dysfunctional decision-making outcome.