Intellectual Capital Consists of

question 3

Multiple Choice

Intellectual capital consists of

• A)the value of the organization's relationship with customers.
• B)knowledge that employees possess and generate.
• C)the knowledge captured in an organization's systems and structures.
• D)All of the answer choices for this question are correct.
• E)knowledge that employees possess and generate and the knowledge captured in an organization's systems and structures.

---

Definitions:

Segregation Of Duties

A key internal control that prevents fraud and errors by ensuring that no single individual has control over all aspects of a financial transaction.

Custody

The protective care or guardianship of someone or something, often referring to the control over assets or minors.

Bonding Employees

A fiduciary process where employees are covered by a bond to protect the employer against losses from the acts of fraud or dishonesty by the employees.

Collusion

An unethical or illegal agreement between two or more parties to limit competition, manipulate markets, or otherwise conduct deceptive practices.