Internal Controls Have Four Fundamental Purposes

question 32

Multiple Choice

Internal controls have four fundamental purposes.Which of the following pairs an internal control for XBRL with an appropriate purpose of internal control?

• A)Electronic tagging, promoting operating efficiency
• B)Centralized approval process for taxonomy additions, safeguarding assets
• C)Both electronic tagging, promoting operating efficiency and centralized approval process for taxonomy additions, safeguarding assets
• D)Neither electronic tagging, promoting operating efficiency nor centralized approval process for taxonomy additions, safeguarding assets

Recognize similarities and differences between mitosis and meiosis.

Understand the basic concepts and significance of meiosis and mitosis in the life cycle.

Recognize the differences between spermatogenesis and oogenesis.

Describe the chromosome behavior during various phases of meiosis and mitosis.

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Definitions:

Distributive Justice

The perceived fairness of how resources and rewards are distributed within a social group or organization.

Equal Pay Act

A law aimed at abolishing wage disparity based on sex by ensuring that men and women receive equal pay for equal work.

Seniority System

A hierarchical structure within an organization that prioritizes individuals and their decisions based on their length of service or tenure.

Working Conditions

The environment in which an individual works, including aspects like safety, ergonomics, and the physical and psychological atmosphere.