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Describe each of the three broad objectives management typically has for internal control. With which of these objectives is the auditor primarily concerned?
Capabilities
The skills, resources, and abilities that enable an individual or organization to perform effectively and achieve their goals.
Frequent Job Changes
The practice of changing jobs more often than is typical, which can reflect a variety of career strategies or market conditions.
Employment Gaps
Periods of time when an individual was not employed, which may appear in their work history.
Relevant Experiences
Past activities or jobs that directly relate to the position or task at hand, demonstrating suitability and competence.
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