An Effective Control Environment

question 15

Multiple Choice

An effective control environment

• A) Allows management to identify all relevant risks.
• B) Creates a commitment to competence.
• C) Guarantees that all controls are followed as prescribed.
• D) Requires an internal audit function.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which outlines a hierarchy of human needs, from basic physiological needs to self-actualization.

Employment

A situation in which an individual works for a company or another person and receives compensation in the form of wages, salary, or other benefits.

Fewer

A comparative term indicating a smaller number of items or entities.

Consumer Marketers

Professionals who specialize in creating and implementing marketing strategies targeted at individual consumers rather than businesses.