The Principle Mechanism for Deterring Fraud Is Internal Controls

question 56

Multiple Choice

The principle mechanism for deterring fraud is internal controls. The primary responsibility for establishing and maintaining these controls rests with

• A) The internal auditors
• B) Management
• C) Corporate security
• D) Independent auditors

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Definitions:

Compound

A substance made up of two or more different elements chemically bonded together.

Hydrogen-bonded Dimers

Pairs of molecules that are connected by hydrogen bonds, often observed in carboxylic acids and alcohols.

Molecular Weights

The sum of the atomic weights of all atoms in a molecule, representing the mass of a molecule relative to the unified atomic mass unit.

Carboxylic Acids

Organic acids characterized by the presence of at least one carboxyl group (-COOH), widely occurring in nature and used in various industrial applications.