A Company's Internal Auditors and Its Ethics Officer Should Report

question 2

Multiple Choice

A company's internal auditors and its Ethics Officer should report

• A) day-to-day to the CEO.
• B) day-to-day to the Audit Committee of the Board of Directors.
• C) regularly to the Audit Committee of the Board of Directors without management being present.
• D) day-to-day to the CEO, and regularly to the Audit Committee of the Board of Directors without management being present.
• E) day-to-day to both the CEO and the Audit Committee of the Board of Directors.

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Definitions:

Sales Promotions

Marketing strategies aimed at temporarily increasing interest, demand, or sales of a product or service through incentives or special offers.

Retailers

are businesses that sell goods or services directly to consumers for their personal, non-business use.

Freight Allowance

A discount or reimbursement provided by a seller to cover or reduce freight costs for the buyer.

Trade Promotion

Marketing efforts directed toward stimulating interest, demand, or purchase of products by end consumers or others in the sales channel, using techniques like discounts, special displays, or sponsorships.