Management Evaluation of Internal Controls What Are the Steps in Management's

question 7

Essay

Management Evaluation of Internal Controls What are the steps in management's evaluation of internal control over financial reporting?

---

Definitions:

Aversive Stimulus

A stimulus that is unpleasant or painful that causes an individual to avoid or change behavior.

Positive Punishment

A behavioral concept where the introduction of an unfavorable outcome or stimulus decreases the likelihood of a behavior recurring.

Negative Punishment

A behavior modification method involving the removal of desirable stimuli to decrease a behavior's occurrence.

Physical Punishment

A form of discipline that involves the use of physical force with the intention of causing a person to experience pain but not injury, for purposes of correction or control.