Name and Discuss the Two Most Important Internal Control Principles

question 108

Essay

Name and discuss the two most important internal control principles embedded in the voucher system.

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Definitions:

Job Success

Achieving or exceeding the desired outcomes or objectives associated with performing a particular job role.

Behavioral Observation Scales (BOS)

A method used in performance management that involves rating employee behaviors or actions as part of the evaluation process.

Behaviorally Anchored Rating Scales (BARS)

A performance appraisal method that uses specific examples of employee behavior to rate performance across a continuum.

Rating Errors

Errors that occur when evaluating employees, often due to biases or misinterpretations by the evaluator.