Collusion Involves

question 26

Multiple Choice

Collusion involves:

• A) Two or more individuals working together to override internal control
• B) Negating the effect of separation of duties
• C) At least one high level employee
• D) Both "a" and "b"

---

Definitions:

Issued Capital

The total value of a company's shares that have been sold to shareholders and are outstanding.

Business Combination

A transaction or event where one entity gains control over one or more other businesses, often involving mergers or acquisitions.

Equity Stakeholders

Individuals or groups that have an ownership interest in a company, typically through holding its stocks or shares.

Controlling Interest

An ownership interest in a business entity in terms of voting rights, sufficient to control the policies and management of the entity.