According to the Institute If Internal Auditors, the Best Description

question 10

Multiple Choice

According to the Institute if Internal Auditors, the best description of internal auditing is that it:

• A) certifies the reliability and integrity of financial and operating information.
• B) furnishes management with information needed to effectively discharge its responsibilities.
• C) appraises the economy and efficiency with which resources are used.
• D) reviews the means of safeguarding assets and verifies the existence of those assets.

Recognize the importance of organizational structure changes, such as the introduction of integrators and cross-functional teams, in managing and preventing conflicts.

Distinguish between effective and ineffective techniques in dealing with conflicts, including the identification of compromise mechanisms.

Evaluate the importance and effects of mechanisms such as character assassination and secrecy on organizational behavior and conflict management.

Understand the basic concept and importance of ethical conversations in business.

---

Definitions:

Brown v. Board of Education

A landmark Supreme Court decision in 1954 that declared state laws establishing separate public schools for black and white students to be unconstitutional, challenging racial segregation.

Pavan v. Smith

A significant U.S. Supreme Court case in 2017 that ruled same-sex couples must be treated equally with respect to the listing of parentage on birth certificates.

Supremacy Clause

A clause in the U.S. Constitution declaring that federal laws are the supreme law of the land and take precedence over state laws.

State Actions

Activities or measures taken by state governments in the conduct of their duties and responsibilities.