Examlex
A student is reviewing new material for an upcoming test. She has decided to highlight so that she can come back later to easily review the material. How can she use highlighting to be successful?
Evaluate
To Evaluate means to systematically assess something by considering its merits, qualities, or values, usually in a detailed and analytical manner.
Internal Controls
Steps and guidelines set by a business to secure the trustworthiness of its financial and accounting information, promote ethical accountability, and inhibit fraud.
Establishment of Responsibility
An accounting control principle that ensures tasks are assigned to individuals in a way that accountability can be determined.
Segregation of Duties
A risk management and control strategy that divides tasks among different people to reduce the risk of fraud or error.
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