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General Controls Can Be a Substitute for Application Controls

question 15

True/False

General controls can be a substitute for application controls.


Definitions:

Financial Performance

A measurement of how well a company can use assets from its primary mode of business and generate revenues.

High-Performance Work System

An organizational approach designed to enhance employee effectiveness and productivity through improved job design, training, management practices, and rewards.

Reward Systems

Frameworks within organizations designed to recognize and compensate employees' achievements, contributions, and performance.

High-Performance Work Systems

A set of management practices designed to enhance employee skills, commitment, and productivity in a way that leads to improved competitiveness and success of an organization.

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