Who Is Responsible for Implementing Corporate Governance and Control Procedures

question 74

Multiple Choice

Who is responsible for implementing corporate governance and control procedures to minimise fraud?

• A) the audit committee
• B) the internal auditors
• C) the external auditors
• D) management

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Definitions:

Clairvoyance

The alleged ability to gain information about an object, person, location, or physical event through extrasensory perception.

Psychometry

The claimed psychic ability to discover facts about an event or person by touching inanimate objects associated with them.

Ganzfeld Procedure

A technique used in parapsychology to test individuals for extrasensory perception (ESP) by inducing a state of sensory deprivation.

ESP

Stands for Extrasensory Perception, a claimed ability to gain information without the use of the known five senses or logical inference.