An Effective Control Environment

question 39

Multiple Choice

An effective control environment:

• A)identifies and responds to business risks.
• B)creates a commitment to competence.
• C)guarantees that all controls are followed as prescribed.
• D)does not need an effective board of directors or internal audit function.

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Definitions:

One Union

Represents the concept of a single trade union that workers can join within a certain industry or company, aiming for unified representation and bargaining power.

Disputes

Conflicts or disagreements that arise between parties, typically in a workplace or industrial setting, over issues such as conditions, salaries, or policies.

Member Unions

Organizations that belong to a larger federation or confederation of labor unions, representing various sectors or professions.

Represent

To act or speak officially for someone or something, especially in a legal or political context.