The Primary Purpose of Establishing Quality Control Policies and Procedures

question 91

Multiple Choice

The primary purpose of establishing quality control policies and procedures for deciding whether to accept new clients is to:

• A) Minimize the likelihood of association with clients whose management lacks integrity.
• B) Monitor significant deficiencies in the design and operation of the client's internal control.
• C) Identify noncompliance with aspects of contractual agreements that affect the financial statements.
• D) Provide reasonable assurance that personnel will be adequately trained to fulfill their assigned responsibilities.

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Definitions:

Social Citizenship

The rights, duties, and privileges that are attributed to members of a society, particularly in terms of social welfare and participation in societal affairs.

Economic Security

Refers to the state of having stable income or other resources to support a standard of living now and in the foreseeable future.

Modern Welfare State

A concept in political science referring to a government that provides for the welfare of its citizens through programs such as healthcare, education, and social security.

Collective Violence

Acts of violence committed by groups of individuals, often driven by a common purpose or ideology.