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With the engine idling, little torque is transferred from the impeller to the turbine, as the fluid flow is too slow.
Internal Control
Mechanisms implemented by a business to ensure the integrity of financial and accounting information and compliance with laws and regulations.
Control Procedures
Actions and activities that are implemented to prevent, detect, and correct inaccuracies and fraud in the financial statements.
Business Goals
Objectives that a company aims to achieve over a specific period of time.
Compliance
Adhering to laws, regulations, standards, and ethical practices that are relevant to an organization’s operations and industry.
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