To Protect the Human Resource Talent and Competitive Positioning, the Management

question 32

True/False

To protect the human resource talent and competitive positioning, the management team's talents and skills should not be detailed in the management team section of the business plan.

Recognize the classification and treatment of cash and cash equivalents in financial reporting.

Identify the objectives and components of physical controls to safeguard assets.

Comprehend the periodicity and independence requirement of internal reviews for reinforcing internal controls.

Acknowledge the limitations and the cost-benefit principle underlying internal controls.