A Control Which Ensures That Long-Term Borrowing Is Properly Initiated

question 43

Multiple Choice

A control which ensures that long-term borrowing is properly initiated by appropriate individuals addresses the control assertion of

• A) Occurrence.
• B) Authorization.
• C) Completeness.
• D) Valuation.

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Definitions:

Causes Of Conflict

Factors or situations that lead to disagreements, disputes, or clashes between individuals or groups.

Group Cohesiveness

the extent to which members of a group are attracted to each other and motivated to stay in the group, affecting the group's overall performance.

Intergroup Conflicts

Disputes or disagreements that occur between different groups or teams, often resulting from competition for resources or differences in objectives.

Group Loyalty

is the commitment and strong emotional attachment members feel towards their group, often prioritizing group goals over personal ones.