Which of the Following Statements Is True

question 3

Multiple Choice

Which of the following statements is true?

• A)The risk that material misstatement will not be prevented or detected on a timely basis by internal controls can be reduced to zero by effective control activities.
• B)Cash is more susceptible to theft than an inventory of coal because it has a greater inherent risk.
• C)Detection risk is a function of the efficiency of an auditing procedure.
• D)The existing levels of inherent risk, control risk and detection risk can be changed at the discretion of the auditor.

Assess leadership theories based on their focus on follower characteristics.

Differentiate between descriptive and prescriptive leadership theories.

Evaluate the moral and ethical considerations in defining leadership.

Acknowledge that leadership can exist outside formal managerial roles.

---

Definitions:

Sociality Corollary

The concept that individuals’ understanding of the world is shaped by their relationships and interactions with others.

Construe Constructs

The process of understanding or interpreting psychological constructs or theoretical concepts.

Dichotomized Construct

A concept or variable that is divided into two distinct and mutually exclusive categories, often used in research and psychological assessment.

Subconscious Motives

Hidden or unconscious drivers behind individuals' behaviors or actions, not directly accessible to the conscious mind.