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It Is Not Important for an Organization to Have Controls

question 54

True/False

It is not important for an organization to have controls to track the location, quantity, condition, maintenance, and deprecation status of their long-lived assets as the external auditor gathers evidence related to these issues.


Definitions:

Already Infected

Refers to the state or condition of having been invaded by and hosting a pathogen, such as a virus or bacteria, prior to a certain point in time.

Ulcers

Open sores that can develop on the lining of the stomach, small intestine, or esophagus, often resulting from inflammation caused by bacteria or erosion from stomach acids.

Burning Sensation

A burning sensation is a feeling of heat or pain in the body that may result from a wide range of medical conditions, including nerve damage, infections, or inflammatory processes.

Stomach

The stomach is a muscular organ located in the upper abdomen that plays a key role in the digestive system by secreting acid and enzymes to digest food before it moves into the small intestine.

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