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In interviews with 12- to 22-year-olds about finding their purpose in life,William Damon found that:
Internal Control Objectives
The goals aimed at ensuring the reliability of financial reporting, compliance with laws and regulations, and effectiveness of operations.
Financial Reports
Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and statements of cash flows.
Applicable Laws
The set of relevant laws and regulations that apply within the jurisdiction of a business operation or transaction.
Sarbanes-Oxley Act
A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.
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