An Essential Characteristic of the Persons Performing Internal Verification Procedures

question 112

Multiple Choice

An essential characteristic of the persons performing internal verification procedures is:

• A) independence from the original data preparer.
• B) a thorough knowledge of accounting.
• C) an analytical and inquisitive mind.
• D) all of the above

---

Definitions:

Matrix Structure

An organizational design that combines functional and project-based departments, allowing for flexibility and more dynamic team compositions.

Functional Chimneys Problem

Refers to the challenges of organizational silos where departments or units operate in isolation, leading to inefficiencies and lack of cooperation.

Decision Making

The method of recognizing and selecting options according to the decision-maker's values, preferences, and convictions.

Cooperation

The process of groups of organisms working or acting together for common, mutual, or some underlying benefit, as opposed to working in competition for selfish benefit.