List and Define the Three Fundamental Types of Internal Control

question 15

Essay

List and define the three fundamental types of internal control. Give a postdischarge processing example of each.

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Definitions:

State Laws

Legal regulations established and enforced by individual states within a country.

Collective Bargaining Rights

The legal right granted to employees to negotiate terms and conditions of employment through chosen representatives with their employer.

Landrum-Griffin Act

A US federal law enacted in 1959 to regulate labor unions' internal affairs and their officials' relationships with employers.

NLRB

The National Labor Relations Board, a U.S. federal agency responsible for enforcing U.S. labor law in relation to collective bargaining and unfair labor practices.