What Is the Primary Benefit of Effective Internal Control in an Organization

question 11

Multiple Choice

What is the primary benefit of effective internal control in an organization?

• A) Achievement of certain organizational goals.
• B) Completion of a successful audit for the entity.
• C) Shareholder involvement in the company's success.
• D) Obtaining profitability and financial strength.

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Definitions:

Sudden Infant Death Syndrome

The unexplained death, usually during sleep, of a seemingly healthy baby less than a year old, also known as crib death.

Thomas And Chess

Psychologists who developed the temperament theory, which categorizes children based on their responses to the environment into three basic types: easy, difficult, and slow to warm up.

Slow-To-Warm-Up

A temperament style where an individual is typically hesitant or shows resistance in new or unfamiliar situations but gradually becomes more engaged over time.

Temperament Categories

Classifications that describe the innate aspects of an individual's personality, such as their emotional reactivity and intensity, often identified in early childhood.