Consider the List of Risks and Internal Controls in the Table

question 35

Essay

Consider the list of risks and internal controls in the table below.For each row, indicate whether the internal control addresses the risk.If it does, indicate whether it is primarily preventive, detective or corrective in nature.

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Definitions:

Tendency To Actualize

The inherent drive or motivation within individuals to realize their own capabilities and achieve their potential.

Innate

Inborn or natural traits, abilities, or qualities not influenced by external factors or learned through experience.

Dormant

A state of inactivity or rest, where something is temporarily not active or in use but has the potential to become active again.

Organismic Valuing Process

A concept in humanistic psychology which suggests that individuals intrinsically know what is good and beneficial for their personal growth and development, guiding their actions and decisions.