The PCAOB's Definition of Internal Control Over Financial Reporting Specifically

question 4

Multiple Choice

The PCAOB's definition of internal control over financial reporting specifically mentions all of the following control activities except:

• A) The maintenance of asset records.
• B) The segregation of duties.
• C) The authorization by management of receipts and expenditures.
• D) The safeguarding of assets.

---

Definitions:

Neural Firing

The process by which neurons transmit information through electrical and chemical signals.

Narcissistic Personality Disorder

A mental disorder characterized by a long-term pattern of exaggerated self-importance, the need for admiration, and a lack of empathy for others.

Low Birth Weight

The condition of a newborn baby weighing less than 2,500 grams (5 pounds, 8 ounces) at birth, associated with increased risks of infant and childhood health problems.

Oxygen During Delivery

The provision of oxygen to ensure adequate respiration for both the mother and the baby during the process of childbirth.