Which of the Following Are Core Responsibilities to Be Included

question 106

Multiple Choice

Which of the following are core responsibilities to be included in the internal audit charter? 1. Review reliability and integrity of financial and operating information and the means used to identify, measure, classify, and report such information. 2. Determine the adequacy and effectiveness of the organization's systems of internal accounting and operating controls. 3. Participate in the planning and performance of audits of potential acquisitions with the organization's outside accountants and other members of the corporate staff. 4. Report to those members of management who should be informed of results of audit examinations, the audit opinions formed, and the recommendations made.

• A) 1 and 2.
• B) 1 and 4.
• C) 2 and 3.
• D) 2 and 4.

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Definitions:

James-Lange Theory

A theory of emotion proposing that physiological arousal precedes the experience and identification of emotion.

Physiological Changes

Alterations in the body's normal biological functions or processes, which can occur due to various factors including stress, illness, or environmental changes.

Experience Of Emotion

A psychological state or process that involves the complex interaction of cognitive evaluations, physiological responses, and behavioral or expressive reactions to a stimulus.

James-Lange Theory

The theory that emotions are the result of the perception of physiological responses to external events.