What Is the Most Appropriate Method for an Organization to Lower

question 39

Multiple Choice

What is the most appropriate method for an organization to lower information risk related to its financial statements?

• A) Have good bookkeeping work completed on the accounts.
• B) Use a high quality software package keep track of information.
• C) Have an independent financial statement audit conducted.
• D) Have an independent operational audit conducted on effectiveness.

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Definitions:

Confidence Rebuild

The process of restoring self-assurance and belief in one’s own abilities after a period of doubt.

Defamation

The action of damaging the good reputation of someone through false or unjustified statements, which can be libel if written or slander if spoken.

Legal Advisers

Professionals who provide expert advice on legal matters and guide clients through legal situations or procedures.

Indirect Message

A communication method in which the main point is not stated directly but implied by the overall message.