Control Activities

question 151

Multiple Choice

Control activities:

• A) are the efforts to develop strategic plans for an organization.
• B) are needed more by domestic companies than international companies.
• C) should be linked to evaluation and reward systems.
• D) are managed independently of taxation and accounting methods.

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Definitions:

Concept

A general idea or understanding that represents something abstract or complex.

Capital

Financial assets or resources that individuals or businesses use to fund their operations and invest in growth opportunities.

Pre-money Valuation

The valuation of a company immediately before the latest round of financing or investment, used to determine the price at which new shares are issued.

Outside Investment

Financial capital provided by investors who are not part of the day-to-day operations of a business, usually in exchange for equity.