How Does Self-Regulation Influence Social Control

question 57

Multiple Choice

How does self-regulation influence social control?

• A) It is the voluntary acceptance of standards established by nongovernmental entities.
• B) It allows everyone who wants to know to be informed about your behavior.
• C) It is the acceptance of laws as a necessary evil.
• D) It uses informed consumers to maintain ethical adherence.
• E) It does not influence social control.

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Definitions:

Internal Controls

Procedures and policies implemented by a company to safeguard its assets, enhance the reliability of its accounting records, ensure compliance with laws, and achieve effective and efficient operations.

Fraud Triangle

A model explaining the factors that cause someone to commit occupational fraud, consisting of opportunity, pressure, and rationalization.

Rationalization

The process of reorganizing a company to increase efficiency or reduce costs, often involving layoffs and restructuring.

Opportunity

In business, an opportunity refers to a favorable situation or circumstance that can be leveraged for potential growth or profit.