Which of the Following Is One of the Most Costly

question 41

Multiple Choice

Which of the following is one of the most costly problems in a workplace?

• A)Lack of communication
• B)Poorly done presentations
• C)Limited listening skills
• D)Turnover
• E)Conflict

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Definitions:

Cheque Signing Authority

The power granted to an individual or individuals within an organization to sign checks on behalf of the company.

Internal Auditors

Professionals who conduct audits within an organization to review its operations, processes, and financial practices for efficiency, effectiveness, and compliance.

Internal Controls

Internal controls are processes and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Independent Accounting Firms

External organizations specializing in auditing, tax, and advisory services to ensure financial statements' accuracy and compliance with regulatory standards.