The Chapter Discussed Three Major Ideas from Management and Their

question 47

Multiple Choice

The chapter discussed three major ideas from management and their relationship to accounting information systems: COSO's enterprise risk management framework, business process management and expectancy theory.Which of the following statements is most true?

• A)The three ideas are unrelated to one another.
• B)The generalized model of business process management could be used to develop a system for managing risk.
• C)The generalized model of business process management should be used to analyze employee motivation.
• D)All organizations should include the risk of non-motivated employees in their COSO risk management plan.

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Definitions:

Creditor

A person or entity to whom money is owed by another entity, known as the debtor, for goods, services, or loans provided.

Debtor's Debt

The obligation of money owed by a debtor to a creditor.

Mechanic's Lien

A legal claim against a property by a contractor or subcontractor for unpaid labor or materials provided for improvements to the property.

Contractor

An individual or company that undertakes a contract to provide materials or labor to perform a service or do a job.