The Internal Control Premise That Concerns the Relative Costs and Benefits

question 44

Multiple Choice

The internal control premise that concerns the relative costs and benefits of controls is known as

• A) responsibility.
• B) risk.
• C) reasonable assurance.
• D) exposure.

---

Definitions:

Conservative

Pertains to a political and social philosophy that emphasizes tradition, established institutions, and prefers gradual development to abrupt change.

Reinhold Niebuhr

An American theologian, ethicist, and commentator on politics and public affairs, known for his influence on political thought, particularly regarding American and Christian realist philosophy.

Fordlandia

A failed industrial town and rubber plantation established by Henry Ford in the Brazilian Amazon during the 1920s, intended to secure a rubber supply for Ford Motor Company.

Fundamentalism

Anti-modernist Protestant movement started in the early twentieth century that proclaimed the literal truth of the Bible; the name came from The Fundamentals, published by conservative leaders.