A(n) ________ Control Is a Control Elsewhere in the System

question 72

Multiple Choice

A(n) ________ control is a control elsewhere in the system that offsets the absence of a key control.

• A) significant
• B) alternate
• C) design
• D) compensating

---

Definitions:

Existing Contract

A legal agreement that is currently in place and governs a relationship between parties at the present time.

Past Consideration

Something of value that has been given or promised in the past and cannot serve as consideration for a current contract due to its occurrence before the contract was made.

Present Promise

A vow or commitment to take action or uphold terms at the current time.

Moral Obligation

A duty or responsibility that is perceived as ethically required, even though it is not legally enforceable.