Examlex

Solved

Presented Below Is a List of Terms Relating to Accounting

question 102

Short Answer

Presented below is a list of terms relating to accounting information systems,followed by definitions of those terms.
Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once.
________ 1.FCPA
________ 2.Audit committee
________ 3.Collusion
________ 4.Application controls matrix
________ 5.Internal auditing
________ 6.Control environment
________ 7.Cancellation
________ 8.Statutory sanction
________ 9.Format check
________ 10.Endorsement
A.Has responsibility for reviewing the reports of the company's external auditors
B.The identification of documents to prevent their repeated use
C.A type of exposure
D.A law which requires publicly held companies to maintain adequate accounting systems
E.One of the main components of internal control
F.Agreement or conspiracy among two or more people to commit fraud
G.An example of this procedure is: all characters in the vendor number field are numeric
H.A technique for internal control analysis
I.Marking a form or document to restrict its further processing
J.An example of the monitoring component


Definitions:

Prefrontal Cortex

The front part of the frontal lobes of the brain, involved in complex behaviors such as planning, decision-making, and moderating social behavior.

Working Memory

A cognitive framework with a set limit, aimed at temporarily keeping information ready for processing.

Brain Regions

Specific areas within the brain that have distinct functions or roles in processing information and controlling behavior.

Stress Hormones

Hormones that are released in the body's response to stress, such as cortisol, which can affect various bodily functions.

Related Questions