The Internal Audit Department Reports Directly to the Subcommittee of the Board

question 139

True/False

The internal audit department reports directly to the subcommittee of the board of directors called the audit committee.

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Definitions:

Weiner

Refers to Bernard Weiner, an American psychologist known for his attribution theory in social psychology.

Expended Effort

The amount of energy, time, or resources utilized to achieve a result or complete a task.

Self-serving Bias

The common tendency to attribute our successes to internal factors while attributing failures to external ones.

Attribution Style

A concept in psychology that refers to how individuals explain the causes of behavior and events, often categorized into internal (dispositional) or external (situational) attributions.